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Was Bitcoin Trader accepted by This Morning TV Program?

James Knight
Mar 25, 2020, 09:28 AM

In the wake of a surge in Bitcoin scams, you can never be too careful. A few weeks ago thousands of unsuspecting investors found themselves between a rock and a hard place when a well-orchestrated scheme saw several of them lose their hard-earned money to con-artists.

Just to bring you up to speed, several adverts have been doing rounds online claiming certain celebrities, TV programs, and renowned investors had endorsed automatic Bitcoin trading platforms.

And as it turned out, it was all but a pyramid game meant to dupe investors.

Herein, we lay bare the truth for you about an alleged endorsement of Bitcoin Trader by British TV show This Morning. We tell you whether or not the show endorsed Bitcoin Trader and a lot more.

Let’s dive right in!

What is This Morning Show?

Many people tend to confuse This Morning and The Morning Show; however, the latter is an American web TV while the former is a native British daytime television programme that airs on ITV.

Viewers of the show are treated to a series of features including news, topical items, showbiz, style and beauty, home and garden, food, health, real life, plus more. For about ten years after its launch, the programme was hosted by Richard Madeley and Judy Finnigan.

Since its first live episode in October 1988, the show has bagged dozens of awards making it a favourite to many a viewer. In recent times, This Morning has been dragged into several controversial Bitcoin schemes, tainting a name that has grown to become one of the UK’s trusted TV shows.

An overview of Bitcoin Trader

Like most other automated trading tools, Bitcoin Trader is a new form of crypto tech that enables users to trade Bitcoin without necessarily doing bulk work. As opposed to conventional stocks trading systems, this tool allows investors to switch between manual and auto-trading allowing the bot to utilise available user funds to buy, hold and sell Bitcoin.

When a trade is profitable, the system automatically deposits the initial invested sum plus the profit to the investor account.

Bitcoin Trader claims to have more than 99% accuracy on all its trades and requires a minimum deposit of about £200 to get started.

Did This Morning embrace Bitcoin Trader?

We do not purport to speak for any of the involved parties but we sure went looking for the truth and found it. When news about the alleged endorsement first hit the internet, This Morning and all its hosts cautioned the public against the false adverts doing rounds on the internet.

The programme indicated that it had not endorsed any Bitcoin trading bot and that any such rumours only amounted to fake news.

Why all the fuss?

Stories involving famous media personalities and programs normally attract a lot of attention. But what sells even better is a controversial story involving prominent individuals or platforms. 

When news about the endorsement of Bitcoin Trader by This Morning first appeared online, many fell for it primarily because of the packaging of the advertisers.

While a few outrightly singled out the fake ads, dozens of investors were lured into the scheme using fake social media accounts belonging to the show and its hosts.

We discovered that the whole plan was a scam, crafted by a few third-party marketers looking to earn signup and paid click commissions from the Bitcoin trader.

As such, we can verify that This Morning never personally posted the endorsement claim as alleged by the advertisers. We also found evidence on Bitcoin Trader denying the endorsement themselves, and cancelling their marketing partnership with anyone who insinuated that it was ture.

Is Bitcoin Trader a scam?

This is a common question when it comes to Bitcoin trading tools. While being mentioned in scams is already a red flag, we decided to thoroughly review Bitcoin Trader to understand how it operates, and whether or not you can trust it.