Elon Musk Bitcoin – Is it Legit, or a Scam?

Elon Musk

Elon Reeves Musk, popularly known as Elon Musk is a businessman and a very successful entrepreneur. Earlier in 2021, Elon Musk became the world’s richest man with a net worth of $185 billion. He is the CEO, founder of Space X. He is most renowned for being the CEO and Product Architect of the world-renowned company that produces electric cars – Tesla Inc, and its involvement in cryptocurrency.

Buying into cryptocurrency has made Elon Musk and Tesla linked to many Bitcoin platforms. It is not surprising to see some internet concepts like Elon Musk Bitcoin 2021, Elon Musk Bitcoin Trading, Elon Musk Bitcoin Trader, Elon Musk Bitcoin Cryptocurrency, and many others. What makes your Bitcoin platform seem more genuine than having one of the richest men in the world be involved with it? However, most of these platforms are not in any way linked to Elon Musk.

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Elon Musk Bitcoin – Viral Trend

On February 8, 2021, Tesla bought about $1.5 Billion into Bitcoin and started receiving payments in bitcoin. In one of Elon Musk Bitcoin tweets, he relayed that Tesla buying into bitcoin was majorly for flexibility and diversification to generate more income for the company. After such a big announcement, it wouldn’t surprise anyone if they hear that Elon Musk has endorsed bitcoin platforms. Such news would make people believe in the websites even more.

However, even though Elon Musk is involved in Bitcoin and Cryptocurrency, some Bitcoin platforms have been linked with him that Elon Musk didn’t endorse. These platforms use the involvement of Elon Musk in Bitcoin to bring more people to them.

Elon Musk Bitcoin – Is it a Scam?

There are many Bitcoin trading bots in the world now. They are trading AIs that have been programmed with algorithms that make them carry out automatic trades. Some of these trading bots are connected to Elon Musk, and many individuals are therefore resorting to these bots. However, it should be noted that the involvement of Elon Musk with bitcoin trading bots is untenable. Blogs, websites link these trading bots to Elon Musk because of the stream of view – they just want to have many people visiting their websites.

It is important to note that even though Elon Musk hasn’t endorsed these trading bots/platforms, some of them are good. This Elon Musk Bitcoin review would open your eyes to these bots, explain the link and some of the advantages of using them.

List of All Elon Musk Bitcoin Association

The following are some of the Bitcoin Trading Bots/platforms that have been linked with Elon Musk.

 

1. Bitcoin Trader

Bitcoin Trader

Bitcoin Trader is the oldest Bitcoin Trading bot which was launched in 2016/2017. This AI researches the crypto market based on the algorithm used to create it, and it would instruct the trader to make some trades or make them automatically for the trader upon the trader’s order.

Did Elon Musk Endorse Bitcoin Trader?

Elon Musk talking about Bitcoin makes traders and investors in the crypto market always on their heels. There was a time Elon Musk called Dogecoin a hustle, and the aftermath wasn’t good for the coin. Linking Elon Musk to Bitcoin Trader by sites and blogs is just one of the ways these sites get people to click on their sites and blogs to get more views. Elon Musk has never said done anything as regards his relationship with Bitcoin Trader AI. Elon Musk has shown his interest in Bitcoin by getting Tesla involved in it, but any site that says Elon Musk has invested or endorsed in Bitcoin Trader is nothing but a lie to get clicks and views on their sites.

Advantages of Bitcoin Trader

Elon Musk not endorsing this AI trader doesn’t mean it is not top-notch. The following are some of the advantages of Bitcoin Trader.

You can trade multiple cryptocurrencies.

It is easy to set up and get verified.

Easy Withdrawal.

Using Bitcoin trader is free, and you don’t need to download the app as it is website-based.

How to Trade with Bitcoin Trader

  • Register an account on the website.
  • Fund your account with at least $250.
  • Trade using the platform algorithm by using the demo account.
  • When you have learnt the instructions, start trading.

 

2. Bitcoin Loophole

Bitcoin Loophole

Bitcoin loophole is an AI that analyses the market. From the market analysis, Bitcoin Loophole places a buy or sell order, depending on the algorithm. A price range would have been set by the algorithm, and the AI once the price has been reached, it would sell or buy, depending on the market analysis.

Does Elon Musk Endorse Bitcoin Loophole?

Bitcoin Loophole being endorsed by Elon Musk is another Elon Musk Bitcoin scam. Many people hold the business magnate, Elon Musk in high regard, and linking him to Bitcoin Loophole by some blogs or sites makes the trading bot look more enticing. However, even though Elon Musk has said cryptocurrency is the currency of the future, nothing is linking him to Bitcoin Trading bots. Elon Musk has in no way endorsed Bitcoin Loophole.

Advantages of Bitcoin Loophole

Many people have seen that Elon Musk didn’t endorse Bitcoin Loophole, they would be less enthusiastic to use the bot. However, there are certain advantages that this bot has which might be what you are looking for. The following are some of the advantages of Bitcoin Loophole.

Fast trading signals.

Efficient customer support.

Free software.

Extremely secured

How to use Bitcoin Loophole to Trade

  • Registration with the platform is the first step.
  • Deposit the minimum of $250.
  • Click on the live session button and start trading.

 

3. Bitcoin Profit

With the ability to make a profit of up to 20% per day, Bitcoin Profit is an AI trading bot that uses advanced HFT to determine the market volatility and the kind of trade to make. Using the HFT, Bitcoin profit can turn 90% of its trades to profit.

Does Elon Musk Endorse Bitcoin Profit?

Being a Bitcoin and Cryptocurrency Enthusiast, Elon Musk has been linked to many Bitcoin and Cryptocurrency platforms that in the real sense, he doesn’t have any affiliations with. Things like Elon Musk Bitcoin investment, Elon Musk Bitcoin wallet, Elon Musk Bitcoin price predictions and so many more pop up on our screens every day. Bloggers and website owners devised this means to lure more people to their websites with Elon Musk having nothing to do with them. Bitcoin Profit is another platform that has been linked to Elon Musk. And like other platforms, Elon Musk didn’t endorse Bitcoin Profit.

Advantages of Bitcoin Profits

Bitcoin Profit is trading has some advantages to those that use it, even though the news that it was endorsed by Elon Musk is unfounded. Some of the following are the advantages that come with using Bitcoin Profit.

It has a fast way of responding to changes in the market to make more profits.

It is easy and quick when you want to withdraw your money.

With its high rate of making a profit, profit is consistent.

The trading bot works with a very reputable broker, so your money is safe.

How to trade with Bitcoin Profit

  • Create a free Bitcoin Profit account.
  • Fund your account with a minimum of $250.
  • Use the demo account to get acquainted with the bot algorithm.
  • Start live trading after getting used to the algorithms.

 

4. British Bitcoin Profit

Did Elon Musk Endorse British Bitcoin Profit? British Bitcoin Profit is a trading bot that uses an extremely progressive algorithm that makes it trade 0.01 seconds faster than anyone or any bot on the market (In the crypto market, the millisecond is a big deal).

Does Elon Musk Endorse British Bitcoin Profit?

There have been lots of rumours on the internet about Elon Musk bringing his Tesla business to Britain. This has generated more rumours about him endorsing Britain-based cryptocurrency platforms. Websites and Blogs talked about Elon Musk Bitcoin Tesla, and Elon Musk Bitcoin 2021 and related it to the endorsement he has given to the British Bitcoin Profit. Did Elon Musk endorse British Bitcoin Profit? The answer is No. One of the richest men in the world hasn’t said anything about his involvement with a trading bot in Britain. All the rumours are unfounded and are lies.

Advantages of British Bitcoin Profit

Elon Musk not investing nor endorsing British Bitcoin Profit shouldn’t deter you from using the trading bot. There are some huge advantages to enjoy if you use the bot.

Works hand in hand with authorized brokers in the country.

Has a very high accuracy rate.

It is easy to use and very secured.

Has a faster processing rate.

How to use British Bitcoin Profit

  • Register as an official member by opening an account.
  • Open a Brokerage Trading account.
  • Deposit to activate your account.
  • Use the demo account to gain more knowledge.
  • When you are sure that you are familiar with the concepts, deposit $250.
  • Start lice trading as a partner with British Bitcoin Profit.

 

5. Crypto Engine

Does Elon Musk Endorse Crypto Engine? Crypto Engine is an AI-based software, which that monitors the Bitcoin market and uses it to maximize the profit of the investor or trader. It is an AI rate to have an 88% success rate. The AI looks for the small profitable fluctuations and takes action on behalf of the trader.

Does Elon Musk Endorse Crypto Engine?

Crypto Engine is one of the Bitcoin platforms that have been linked to Elon Musk. Lots of websites and blogs have linked thus trading bot to Elon Musk because they want to gain more people to visit their app. Who wouldn’t want to know the Bitcoin investments that the second richest man in the world has made about Bitcoin? However the truth is that Elon Musk didn’t endorse Crypto Engine – he hadn’t admitted to it publicly.

Advantages of Crypto Engine

The following are some of the advantages of Crypto Engine

Recorded a High success rate.

Quick profit-making – even for beginners.

Very secured.

Fast-tracked registration is both easy and free.

Efficient customer service.

How to use Crypto Engine to trade

  • You go to the official page to register by opening an account.
  • You deposit a minimum of $250.
  • You use the demo account to learn how to trade.
  • Start live trade.

 

6. Bitcoin Era

Does Elon Musk Endorse Bitcoin Era? Bitcoin Era is another fast, secure and efficient trading bot. The bot carries out trade and gives instructions to the trader or investor very fast because of the lots of strategies that came with its algorithm – at least 15 strategies.

Does Elon Musk Endorse Bitcoin Era?

Bitcoin Era has been linked on these websites and blogs to Elon Musk as one of Elon Musk Bitcoin Traders. These websites explained vaguely when discussing Elon Musk Cryptocurrency that Bitcoin Era has been endorsed and used by Elon Musk. However, this is all a lie. These statements you find on these websites do not have any proof. They are made to make people click on their platforms to get note views. In the real sense, Elon Musk didn’t endorse any Bitcoin Trading bot or platform including Bitcoin Era.

Advantages of Bitcoin Era

Without Elon Musk’s endorsement, Bitcoin Era is still very much advantageous to those that want to make money on the crypto market. The following are some of its advantages.

Unlike many complicated bots, this trading bot is easy to use.

The bot has won a lot of trading awards which means it has been used and verified by many people.

It is very secure. You don’t have to worry about your money.

How to use Bitcoin Era to trade

  • Register by opening an account.
  • Deposit the token of at least $250.
  • Use the demo version to learn how the bot works.
  • Start live trading.

 

7. BitIQ

Does Elon Musk Endorse BitIQ?BitIQ is a popular Bitcoin trading AI. BitIQ has been developed to scan the crypto market for opportunities that could yield profit. If the opportunity is found, BitIQ makes a live trade on the behalf of the trader to make profits.

Does Elon Musk Endorse BitIQ?

BitIQ is used by many people, and it has made a lot of money for many. However, there has been a controversy on the internet as regards Elon Musk’s link to some Bitcoin platforms, claiming them as legit. BitIQ is one of those platforms linked to Elon Musk. Elon Musk hasn’t publicly said that he endorsed or invested in BitIQ and any website posting otherwise is lying just to get people to view their pages. What these websites are doing is called click-baits.

Advantages of BitIQ

Here are some very good advantages of BitIQ that would make you want to use the bot even though its link to Elon Musk by bloggers is a lie.

Automatically trades in Bitcoin for the trader.

It is very fast and easy to use (Requiring you to be on the market for as little time as you want).

Trading experience is not necessary.

There are demo accounts that would be provided to you to test the app before beginning live trading.

How to use BitIQ to trade

  • Go to the BitIQ website and register an account by clicking on Sign up
  • For maximum utility and optimization, you will need to deposit your account
  • Set up the robot on how you like to trade
  • Begin trading

 

8. Bitcoin System

Bitcoin System

 

Bitcoin system is an AI used for trading and making a profit on the crypto market, just like others that have been mentioned. This trading bot does practically everything a trading bot does. However, this not comes with a special package – you can trade in crypto and fiat currencies as well.

Does Elon Musk Endorse Bitcoin System?

There are rumours on the internet about Elon Musk’s involvement in Bitcoin and Cryptocurrency. It is evident when Elon Musk Bitcoin and Dogecoin saga occurred. Elon Musk called Dogecoin a hustle and the price of the coin went down. This means that Elon Musk exerts some form of influence in the market. But did he endorsed Trading bots? Many websites and bloggers have linked Elon Musk to these trading bots to give their websites more views and credibility to the bots. However, these links are untenable and unreliable because Elon Musk never endorsed or invested in any of these bots.

Advantages of Bitcoin System

Bitcoin System is still a credible trading bot even without the endorsement of the second richest man in the world. Here are some of the advantages you stand to gain by using the bot.

Easy in Usage.

The very good, safe, and secured trading environment.

Reduces risk to the minimum.

Very high returns.

How to use Bitcoin System to Trade

  • Register an account on the site.
  • Fund your account with $250.
  • Use the demo account to learn the basics.
  • Start live trading.

 

9. Quantum AI

Does Elon Musk Endorse Quantum AI?Just as the name implies, Quantum AI is an artificial intelligence trading bot that uses Quantum computing to carry out trades. Quantum AI analyses and processes streams of information in seconds which makes trading efficiently easy and faster than most other Trading bots.

Does Elon Musk Endorse Quantum AI?

Questions like “Did Elon Musk Invest in Bitcoin? Did Elon Musk buy Bitcoin? “ created controversies that led many website owners and bloggers to mislead people as to Elon Musk’s involvement in Bitcoin and Cryptocurrency. Many topics like Elon Musk Bitcoin Wallet, Elon Musk Bitcoin investment, Elon Musk Bitcoin portfolio keep popping and many blogs have lied about them just to get streams of views. Quantum AI like other Trading bots has been linked to Elon Musk by these bloggers and Website owners. However, the truth is that Elon Musk is involved in Bitcoin as has been explained above, but Elon Musk is not in any way proved involved with trading bots such as Quantum AI.

Advantages of Quantum AI

The following are some of the advantages of Quantum AI which might intrigue you.

The bot works with authorized brokers by the government (Security).

The profit rate is always to the roof.

Efficient and Professional customer care support.

You can trade in multiple currencies with the bot.

How to trade with Quantum AI

  • Register on the platform.
  • Verify your account (ID verification).
  • Deposit the minimum of €220.
  • Quantum AI will recommend a list of trade that can be made from where you can pick from.

 

10. Bitcoin Code

Bitcoin Code was developed by Steve McKay to trade in Bitcoin automatically for the user. It uses a complex algorithm that finds the best purchase options. It is very fast Trading, not that helps the trader to trade even when the trader is not on the market and make lots of profits.

Does Elon Musk Endorse Bitcoin Code?

Bitcoin code is one of the many Bitcoin platforms that has been associated with Elon Musk. Many platforms on the internet adopt the means of using the popularity of someone to gain more views. The same thing is applicable in this situation. It should be noted that any platform that associates Bitcoin code to Elon Musk is a lie just to gain views.

Advantages of Bitcoin Code

This trading bot has proved lucrative for many of its users, and it can be for you as well. These are some of the benefits of the Bitcoin Code.

Apt analysis – most of the analysis done by the bot is said to always be 99.1% sure.

All-day, everyday customer support system.

Easy and fast registration and verification.

Backstage.

How to use Bitcoin Code

  • You start by registration and verification
  • Fund the account with a minimum of $250
  • Use the demo account provided to get accustomed to the features of the bot
  • Start Live trading

 

11. Ethereum Trader

Ethereum trader was created in 2017 by a group of brokers who were looking for a way to make faster trades and earn more profits. The bot is a very quick market discerning bot that quickly analyzes the market and makes trades.

Does Elon Musk Endorse Ethereum Trader?

Getting the backing of a billionaire would spark interest in the minds of Many. Elon Musk the CEO of SpaceX, Tesla and he has indicated his interest in Bitcoin. You would have seen such under headlines such as Elon Musk Bitcoin and many more. In as much as this tycoon has expressed his interest, he never endorsed trading bots. Ethereum Trader UA is one of the bots that have been linked to him. However, such a link on any website is a lie.

Advantages of Ethereum Trader

Being one of the fastest trading bots, some of the advantages can spark interest in you to give the bot a trial.

Quick market analysis.

Reliable and efficient customer support.

User-friendly interface.

Fast withdrawal of your money.

Demo trading training.

How to trade with Ethereum Trader

  • Registering is the first thing.
  • Use the demo account created to get familiar with the features.
  • Deposit the minimum of $250.
  • Start Live trade.

 

12. Bitcoin Champion

Bitcoin Champion helps traders and investors to look for smart investments. It is a quick trading bot that analysis potential investment that would yield profit. After it has been found, it would instruct the trader or investor to put in their assets.

Does Elon Musk Invest in Bitcoin Champion?

It is now almost everywhere on the internet; Elon Musk Bitcoin, Elon Musk Bitcoin Portfolio, Elon Musk Bitcoin Investment, and many others which links Elon Musk to various Bitcoin platforms. Yes, Elon Musk is a Bitcoin and Cryptocurrency enthusiast, but most of these associations are lies used by bloggers and website owners to get views and clicks – Bitcoin Champion being one of them.

Advantages of Bitcoin Champion

Not being associated with Elon Musk doesn’t mean it is not good. Here are some of the advantages of Bitcoin Champion.

It is automatic and stays on more than most other platforms; always on the lookout for smart investment.

A fast and transparent transaction system.

Very easy to use.

Reliable Customer service.

How to trade with Bitcoin Champion

  • Go to the platform and register.
  • Use the demo account to trade and learn.
  • Deposit at least $250.
  • Start live trade.

 

13. Oil Profit

Oil Profit

Oil Profit is an online trading platform that allows people to trade in the commodities of oil from anywhere in the world.

Does Elon Musk Endorse Oil Profit?

Elon Musk is a businessman, and any business that he is linked with is mostly regarded as profitable and legit. Oil is one of the most lucrative businesses in the world. Hence, it is just strategic to link Elon Musk to Oil trading platforms which makes those platforms look more legit. One of the oil trading platforms linked to Elon Musk is Oil Profit. However, Elon Musk doesn’t support any of the Oil Trading platforms. Bloggers and website owners just use his name to get clicks. Some headlines have Elon Musk’s name linked to Oil trading platforms, and after you click, they say nothing about Elon Musk – they just used his name to lure you.

Advantages of Oil Profit

User-friendly trading interface.

It is secure.

Generates profits from the comfort of your room.

It is free to use.

You get a personal broker.

How to trade with Oil Profit

  • Register.
  • Uploading Profile.
  • Uploading documents.
  • Deposit.
  • Use Demo account to get used to features.
  • Start live trading.

 

Did Elon Musk Invest in Bitcoin?

Elon Musk in many Elon Musk Bitcoin Interviews has established that he invented Bitcoin. The question of did Elon Musk invest in Bitcoin? Did Elon Musk buy Bitcoin? has been asked frequently asked of recent. Even some traders frequently ask themselves; Did Elon Musk buy Bitcoin this morning? These questions are asked because if a billionaire like Elon Musk pumps money into Bitcoin, it benefits everybody. And the answer is that Tesla, a production company that Elon Musk is the CEO bought about $1.5abilion of Bitcoin earlier in the year. However, this doesn’t mean that all the Bitcoin platforms associated with Elon Musk have links with the 50 years old business tycoon.

Elon Musk Bitcoin in Media

Elon Musk Bitcoin Daily Mirror

From research done, there is no proof of Elon Musk talking about Bitcoin on Daily Mirror, although, they have carried news about his involvement with cryptocurrencies and some scams that have resulted from it, he has not talked on Daily Mirror about Bitcoin.

Forbes

Elon Musk Bitcoin Forbes

As one of the richest men alive, Elon Musk has surely been featured on Forbes Richest list and has many articles written about him based on his business savvy. No evidence suggests that Elon Musk has directly said anything to Forbes about Bitcoin, but he has certainly shown up in articles of him talking about bitcoin.

Elon Musk Bitcoin Good Morning Britain

Elon Musk has not done any interviews or talked on Bitcoin on the Good Morning Britain show. He has however been talked about concerning bitcoins scams that resulted from using his name to scam unsuspecting people.

Elon Musk Bitcoin CNBC

CNBC is an American news coverage outlet that carries news about politics, finance, business, tech, and so on. The news outlet as part of its duty has reported on the news of Elon Musk’s investment in Bitcoin but no evidence shows that the outlet has directly interviewed him on the subject.

BBC - British Trade Platform

Elon Musk Bitcoin BBC News

BBC News has reported on an Elon Musk impersonator who used the business tycoon’s name to scam people of their bitcoin. Regarding his involvement with bitcoin, Elon Musk has not talked or appeared on BBC News.

NYTimes

Elon Musk Bitcoin NYTimes

Almost all the major newspapers and news outlets have talked about Elon Musk’s involvement with Bitcoin and his company and how all that has affected the price of the said coin. It has not been found that Elon Musk talked with NYTimes about his bitcoin or his company’s bitcoin investment.

 

Mirror Trading International

Elon Musk Bitcoin Mirror

The mirror is a UK News outlet that talks about celebrities, gossips, news, and all that is happening. As Elon Musk is a celebrity in the technological world, he has been talked about on the platform and his connection to bitcoin but there is no evidence that Musk has granted the news outlet an interview to talk about his bitcoin investments.

Elon Musk Says on Bitcoin

Elon Musk has been a very prominent voice when it comes to cryptocurrency. He has been responsible for some pumping and dumping of bitcoin and other cryptocurrencies. Lately, he admitted to owning bitcoin and some other coins. Tesla Motors in which Elon musk acts as CEO also bought $1.5 billion of bitcoin and until recently accepted bitcoin as a form of payment. From all his conversation, Elon Musk says he supports bitcoin and want it to succeed as a currency because as the price goes up, his money also increases. He has said that soon, Tesla Motors can accept bitcoin as a form of payment again.

Elon Musk Bitcoin Investment

Elon Musk has confirmed that he owns bitcoin as he recently said that the aerospace company he manages SpaceX also owns bitcoin. It is confirmed that Elon Musk and two of the companies he managed own bitcoin. It is known that Tesla motors have $1.5 billion worth of bitcoin but the amount owned personally by him and SpaceX is not publicly known. Elon Musk has said he believes in Bitcoin and will like to see it succeed with other cryptocurrencies.

Elon Musk on Dogecoin

Dogecoin was created as a parody of Cryptocurrency in 2013 but has gained a lot of followers and internet sensation. The coin has attracted people like Elon Musk who recently tweeted that Dogecoin is not just a way to make money, but it is money itself. Elon Musk has confirmed that among other Cryptocurrencies owned by him is Dogecoin and he is not ready to sell it anytime soon. Most of his tweets have caused a massive increase in the price of the coin.

Elon Musk Bitcoin: Conclusion

Bitcoin has been regarded as the currency of the future. Because of the huge profit, it has given to many, a lot of people are now getting more involved in the market. This has even attracted business giants like the billionaire Elon Musk and others. Elon Musk has shown his interest in Bitcoin when his company. Tesla Inc decided to buy $1.5billion Bitcoin and started accepting Bitcoin for payment. This has made some other Bitcoin platforms use his name to lure more people. This is because wherever the business tycoon is involved, profits are bound to be made. However, these platforms associates themselves with him, but it is nothing but a lie; most especially, Trading Bots; discard all the news of Elon Musk’s association with them. This doesn’t mean these bots are not efficient and good to use.

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About James Diko PRO INVESTOR

James Diko is a content writer/editor and also a Crypto enthusiast with years of experience as an investor/trader in the crypto market. James believes Cryptocurrency is the future of the Fintech industry, and it is his passion to enlighten people about it. As a result, James has written articles on many aspects of the Cryptoverse through thorough research and analysis, reviewing different trading platforms including crypto trading, forex, and stock trading. Now, James writes honest reviews about trading platforms and automated trading tools to guide inexperienced traders and help intending users make good choices.