Steve McKay’s BitCoin Code Scam Exposed

BitCoin Code is a new auto-trading software that promises $13, 000 in 24 hours. However, as you are going to find out, it is just an outrageous scam that we are going to expose in the following review.


Bitcoin is very popular these days and that is what BitCoin Code uses to make a profit. It claims to have a software that has 99.5% accuracy which makes it virtually impossible to lose. Reading this statement, anyone with a little bit of common sense should know that BitCoin Code is a scam. In this article, I am going to show you what are my reasons for making such accusations.

BitCoin Code is for a limited number of people

In the official BitCoin Code video, the product is claimed to be very secret. The viewers are told that only 25 people will be given access to it and that they could become the new millionaires. Right, so why do they pay for advertisement campaigns and they make the video public? That doesn’t make much of a sense, does it?

The software is completely free of charge

They repeat over and over you should keep your credit card in your pocket and your Paypal information away because they do not want a single penny from you. Well, at least until they ask you to deposit a minimum of $250 into their magical software. But how are you going to deposit funds without using any payment method?

Magnificent profits promised

A guarantee of enormous profits always raises a red flag that the offer might be a scam. You should always be very careful when someone promises you something that sounds just way too good to be true. I know you would love to have that money in your bank account, but that is not going to happen, at least not with BitCoin Code.

Steve McKay – The mastermind behind BitCoin Code

McKay is mentioned as the master genius who worked days and nights to create the BitCoin Code software. But guess what, this guy doesn’t even exist. Well, he does, but that is not his real name. The person introduced to us is actually a professional model. If you do not believe me, take a look at this picture from Do you recognise it? You should. That is Steve McKay from BitCoin Code.

BitCoin Code is using paid actors

It is probably not much of a surprise that this software is represented by paid actors. And how do we know? Because we have seen the same faces in similar scams trying to rob honest working people of their money. We were also able to find one of the main actors on where anyone can buy his services just for 5 dollars – The fact that they use for their “honest” reviews paid actors with no experience with the product whatsoever does not look good. In fact, that is a very common practice of scams.

Is BitCoin Code a scam?

We definitely do not consider BitCoin Code to be a fair and honest software. Everything they present is a lie and therefore we have come to a conclusion that BitCoin Code is a scam and that the story about Steve McKay is fake. We hate the fact that they take advantage of Bitcoin and other cryptocurrencies being so popular. Once people use this robot, they will find out that it is not working as promised. As a result, they might think that the problem is in Bitcoin and not in the BitCoin code software. We advise staying far away from this scam to all of our readers.



  • I would have liked to know IF there was a similar system out there to make this money…and not just scam after scam. I am a disabled lady and my income is so small….I almost fell for this Bitcoin code thing….so sad now!

    Any ideas on how I can make a few extra money otherwise?

    • Hello Rita,
      There is quite a good number of crypto robots that work almost always on the same principle, but they all have one thing in common – they are scams. If you want to make money by trading Bitcoin or other cryptocurrencies, check this Crypto guide and learn how to trade on your own. Because everyone who promises to do it for you will most likely just take advantage of you.

  • Great review
    I really appreciate someone saying something about binary options scams. I just started trading a year ago and I know it is something that takes time, patience and a good strategy. As I started I was very attracted to the idea of winning 90% profit from each trade I’d made. But before I signed in, I remembered a phrase my mentor used to tell me: “if it seems too good to be true, then it is really too good to be true”. So I did my research and ended up reading terrible reviews about those platforms. Such as not being able to withdraw your profits whenever you wanted and the fact that I was about to give my money to a Cyprus-regulated company… yes, a tax heaven country. To all of you that want to start trading, please don’t be fooled by companies like those. Making money takes time and learning, you won’t get rich overnight but if you’re disciplined enough you might one day become a successful trader.

    Trade Safe!

  • Thanks Michael. I almost deposited dollars just now. I am convinced that bitcoin code is scam. But what else can I do to earn money after buying bitcoin as I am a beginner? Please advice me in my mail below. Thanks

  • Hi Michael,

    Nearly signed up to this as was curious about the software, it actually led me to a trading platform called CFD Corporate (based in Switzerland) who subsequently called me and claimed it to be ‘just marketing’ to get people to their platform…

    I currently trade on etorro – what are your views on these guys?

    I am also trying to find a ‘safe & secure’ platform to trade/invest in IOTA, any suggestions? (currently not being traded on etorro)

    • Hello,
      No, I am currently testing Etoro, but I have not come to a conclusion yet. But if I will approve this company you will have the chance to read about them on this web. If you want to trade/invest in IOTA you can go for IQOption. Review of this company can be found on our website 🙂

  • Thanks I just signed into this bitcoincode scam how to delete my information so shaking now

    • Hello Anne,
      I don’t think you will be able to delete your account there. But if you did not make a deposit or provided a copy of your ID, you are fine.

    • Glad i saw this as i looked up the guys name, thought it was to good to be true, any advice for someone living in australia with crypto. Thanks

      • Hello,
        I am glad our post helped you. It is always good to follow the rule of the thumb – if it sounds good to be true, it probably isn’t true…You can have a look at our Plus500 review, this company is regulated by the Australian ASIC and has quite attractive crypto offer.

  • Hi Michael,

    I just found your website and upon your recommendation went to the Plus500 website to sign up for the test demo. I was unable to download the app through AppleStore. It said I needed to be in Latvia. When I did that, it said I needed to be in the US……. I’m actually in Mexico.

    What can you advise?


    • Hello Steve,

      I never heard of such problem, that is really weird. I know for sure that they do not support traders from US, but clients from Mexico should not have any problem. Try to reset your mobile and internet connection and try it again, or it might be downloadable from the link If nothing works out, let me know and I will try to advise you further steps.



  • Hi Michael
    Great blog Thanks
    I’m brand new to the crypto world, also lost $250 via Bitcoin code. Also invested $1200 with Greenfield Capital, do you know anything about them?
    Is there anybody you can recommend, scams all over the net.


    South Africa

  • Hello,
    I see that you have tested EToro. Any advice on that platform?

    regards //L

    • Hello,
      Yes, we did and it most certainly is an interesting project. For now, we do not, however, think they provide better services than the companies featured on the web.

  • Hi…
    Back in to find out what platforms are trustworthy.


    • Hello again Lucy,
      It is hard to determine one’s trustworthiness. But regulation is a necessity when choosing a broker, or at least from my point of view. IF you are searching for regulated companies check the article crypto brokers on the web.

  • I felt for it, feel pretty stupid now. What is the likeness of them allowing me the withdraw the money>

  • hello.

    is 24options a legit trading platform?

    • Hello,
      Yes, this company is legit. There are, however, many better alternatives so we no longer write about the company anywhere.

  • Hi Sir
    Can i check with you which trading platforms you feel is good to trade NYSE, Nasdaq shares and also OTC shares and no problems to withdraw money?

    • Hello Peng,

      Sorry for my late answer, I lost track of your comment in all the enquiries that are coming in. The most CFDs on shares has probably Plus500 or eToro.

  • Hi Am interested in investing starting small. Can you advise where to start.

  • Very helpful information thank you….
    Will research and learn before parting with any hard earned money.

  • I receive at least THREE and as many as NINE emails DAILY from Steve Mckay Bitcoin sites and despite numerous attempts to stop them clogging up my inbox, they persist.
    How do I stop them please as they have become a thorough nuisance and they are of no interest whatsoevr to me?

  • Michael. Iam holding $250 supposedly for Bitcoin Loophole today February 10th. Iam from Kenya and a claim linked to a Kenyan millionaire Manu Chandaria gave me confidence in Loophole. Thank you for your website I got to figure out the scam. They even do not have real reviews and Steve McKay happens to be a model image.

    • Hello Musa,
      How did he Manu Chandaria give you confidence in Bitcoin Loophole? Because I highly doubt he said anything good about this system. Please always verify if someone isn’t just using someone else’s good name for their own gains. Best of luck.

  • Thank you so much for all information.


    Michael I’m most grateful. I almost fell for this scam. thank you

  • This was just in as I was considering investing my money. Thanks a lot for putting this out.

  • Dear Mr. Michael,

    Thank you very much for the exposee since i almost succumb to this proliferating scammers on BitCoin Currencies. Thank You very much. God Bless you and protect you, your colleagues always.

  • Thank you Michael, you are God sent. I was almost sending them money quite convinced that I’d make a ton of money. But today I woke up with the need to check whether there was an actual interview by Manu Chandaria (one of Kenya’s millionaires) only to be directed to the YouTube advertisement and their fake reviews. But then I found you, thank God.
    But more fundamentally, are there robots that use AI to generate revenues for people, be it in crypto, forex or stocks?
    Thank you for saving us.

    • Hello Winston,
      Thank you for your kind words :). I am glad you found our review. The whole idea that such a system even exists seems ungraspable and I think that whoever claims that they have such a system are just scammers who wants to profit off you (Why would they not otherwise use it for themselves and made a s*** of money? If you do not want to trade on your own (which I recommend), you can follow and copy some successful traders. There are many platforms that work on this concept, so perhaps that might be something of your interest.


  • Please Michael tell me all you know about Million Money Platform and Trust Wallet !!!
    Are they for real ! legit !! & Not SCAM …
    Michael Please am in dire need of your assistance Personally I have lost some reasonable sums of money to lots of SCAMS … BUT yet I really want to make EXTRA INCOME ! So Please kindly assist ….

  • I opened an account with Cryptosoft and I noticed they are affiliated to Excentral broker.. Though I have not made this legit?

    • Hello Austin,
      I don’t know how about you, but I would never trust a system that promises me to make me $5,489 in the following 24 hours…

  • Hi,

    Thank you for your review, i nearly joined. I am very interested in bitcoin. What is your opinion on Coinbase, robinhood, etoro

  • Hi Michael thanks for the information on bitcoin code I an from Nigeria how can I get a trader to copy thank you

    • Hello,
      You are welcome. If you want to copy other traders, you can try out eToro, they have a very popular social trading network.

  • Thank you Michael do i need to have an account with etoro before i can copy the trader

    • Hello Justice,
      Yes, you do. It is possible only to copy traders within the eToro trading platform. You can open a demo to test this (they will ask you just for an email and a password). Best of luck.

  • Thank you Michael please don’t feel like am asking to much questions. But these traders would any of them have a record of their trade from as far back as 2005 thank you

    • Hello Justice,
      No worries, I am here to assist you. I believe there are a couple of traders who are on the eToro platform close to 10 years now, but I don’t think you are going to find there someone from as back as 2005.

  • Thank you Michael why can’t i someone from as far as 2005 and if I can’t find anyone how do I find someone who has being trading with his/her detailed trade from that time till now

  • Hello Michael,
    Is bitcoin loophole same as bitcoin trader and bitcoin code? also can you recommend a broker that provides good returns on investment apart from copy trading. i dont know how to trade but i believe i should be able to invest somewhere and still make some good money. im in Ghana, west africa

    • Hello Lennox,
      I am not sure if the same person stays behind all these systems, but their principle is pretty much the same…Have you thought about IQ Option? They have a pretty solid offer and they welcome traders from Ghana. In case you would want to check their offer out, go for our IQ option review.

  • Hello Michael,
    is there any auto trading software out there that you can recommend even is the profits are small? at least there should be 1% of the softwares being legitimate and not scam. im not looking for huge profits but something reasonable no matter how small it might look

    • Hello Lennox,
      I don’t know of any, most of the trading software I tested turned out to be sooner or later just scams, so I no longer try to find the perfect trading software that would trade for me (as I doubt that there is any). The best bet is for you to trade on your own, at first slowly, perhaps on a demo and then after some time with small investments.

  • Hi Michael
    Thank you for putting this up – it is much appreciated.My son and a friend were pooling hard earned money (from part time jobs) to buy into this,but luckily double checked with me first.I reasoned that if 25 millionaires were being created every 48 hours (or whatever) it seemed odd that this guy wanted a (relatively) measly 250 dollars.And why did he need to advertise?That said you’re great detective work completely sealed the case for not proceeding…well done.Thank you on all our behalves..and for allowing my son and his friend to learn a valuable life lesson .We hope the good you’ve done comes back to you many times over.Tony

    • Hello Tony,
      I am glad you found this article first and that were not fooled by all their promises. Thank you very much for your heartwarming words, this is the reason why I do what I do :). Take care.


  • Thanks a lot for an informative website. How can I trade with you guys?

    • Hello,
      You are welcome, thanks for the support. You cannot trade with us, we are just an educational portal.

  • I almost became a victim of this bitcoin scam. I was all ready to fill in my particulars and make the payment of $250.00.
    Something told me to google Steve McKay which I did and that led me to you Michael.
    Thank you so much for saving the innocents from being scammed.
    Always remember this pharase : There’s no such thing as easy money.
    God Bless You Michael.

    Regards from Singapore.

    • Hello Sam,
      You are right, easy money do not exist. I am glad I could be of help! Best of luck on your trading journey.

      Kind regards,

  • Hallo Michael

    Die Fakenews sind so verlockend mit Ferrari und anderen Boliden eigener Jet, schöne Mädchen usw wer will das nicht
    Danke dir für deinen direkten Kommentar.
    Habe bei Etoro ein Jahr lang über tausend Euro einem Broker überwiesen der für mich das Geld Gewinn bringend anlegt
    habe am Ende des Jahren zwar kein Verlust gemacht aber auch kein Gewinn erzielt .
    Also gehe ich lieber irgend wo arbeiten dann weiss ich wenigstens was ich Ende Monat habe.

    Grüsse aus der Schweiz

    • Hello Matthias,
      Thank you for your comment. You are right, it’s pretty easy to get dragged into a scam, glad you haven’t! Best of luck on etoro.


  • Thanks for the bitcoin prime a legit thing

  • Hello Michael,

    You just saved me from going into business with Bitcoin Loophole! It did sound too good to be true so I did a search and your platform came up with so many answers!
    Thank you so much!
    Question: I’m in Japan and looking to try to invest in the the new currencies at low level as I am retired not much to work with. Can you give any advice?

    • Hello Horizons,
      I am glad I could be of help! There are many companies that accept traders from Japan. You can see some of the popular choices on our website.

      Warm regards,

Leave a Reply