Quantum AI is an automated trading software that claims to help traders make money in the cryptocurrency market. The company behind the software, Quantum Code, states that the robot can generate thousands of dollars per day for traders with little risk. These lofty claims always raise eyebrows, so I looked into some reviews of Quantum AI to determine if it seems legit or not.
AI Quantum: Is It a Scam or Legit?
According to Techopedia, Quantum AI utilizes a combination of machine learning algorithms and bot trading to help traders execute successful trades. The algorithm supposedly studies the cryptocurrency market, identifies potentially profitable opportunities, and then executes trades automatically through brokers like Binance and Bittrex. Techopedia states that while the technology behind Quantum AI seems impressive, users should keep their expectations in check since the crypto market is highly volatile.
Bankless Times reviewed Quantum AI and reported mostly positive experiences. The reviewer stated he began with a small deposit of $250 and saw consistent daily profits over a month of using the software. However, the amount of profits depended largely on how much the user deposited and reinvested. The reviewer acknowledged the risk of losing money but said the software seemed legitimate based on his experience.
Invezz, on the other hand, warns that Quantum AI exhibits several characteristics of a fraudulent scam. The website notes that Quantum AI makes unrealistic claims about profit potential, cannot provide verifiable evidence to support those claims, and operates anonymously. Invezz concludes that while automated crypto trading software itself is not a scam, Quantum AI in particular shows enough warning signs that traders should avoid using it.
Scam Crypto Robots website comes to a similar conclusion, stating that Quantum AI is likely an elaborate scam. The website notes that there’s no transparency into how the algorithm really works or verifiable results. Combined with the inflated promises of easy money, Scam Crypto Robots says all signs point to Quantum AI being a scam to steal money from aspiring cryptocurrency traders.
In summary
Opinions on Quantum AI range from cautiously optimistic to highly skeptical that it’s an outright scam. My conclusion based on analyzing multiple reviews is that the lack of transparency and realistic information about how Quantum AI works raises too many red flags. While the concept of automated crypto trading software seems promising, Quantum AI itself appears too risky to trust with your money. The consensus is that traders should steer clear of this dubious platform.