What is the product about?
Created by Michael X, Bitcoin Exchange Bot is a piece of software that is designed for trading bitcoins.
What is the product?
Bitcoin Exchange Bot runs as an extension for Google Chrome. It comes with a large amount of additional content, primarily training material. These are supplied as a combination of videos and written material. In terms of the ins and outs of how Bitcoin Exchange Bot works, Michael X is not particularly forthcoming with information. The only thing he gives out is that Bitcoin Exchange Bot is an automated product and doesn’t need watching.
What is the investment vs. the rate of return?
Michael X has made Bitcoin Exchange Bot for $497. This also comes with the aforementioned training materials as well as a 30 day money back guarantee should you be unhappy with the product. Your rate of return for Bitcoin Exchange Bot is claimed to be rather substantial with Michael X saying that he made $45,000 in just 30 days and had made six figures within 90 days.
Does the product provide value for money?
I don’t think that Bitcoin Exchange Bot does provide money. I find it to be very expensive and I don’t believe the claims made about the profits.
There are a number of problems when looking at Bitcoin Exchange Bot, some of which are more apparent than others. The main one lies in the lack of knowledge that Michael X seems to have. It looks like he has simply jumped on the proverbial bandwagon with a lot of what he says lacking any evidence that it is the case. A few examples of this are his claim that a bitcoins value will surpass the 6 figure value sometime in the foreseeable future.
Then there is his claim that Bitcoin is immune to external influence, a fact that was disproven last year when the value dropped significantly as a result of restrictions on the Chinese Bitcoin exchange. This doesn’t bode well for software that is based around trading the currency. This paired with the very high purchase price makes Bitcoin Exchange Bot a no go for me.