Bitcoin Trader Review: Is it a scam or legit?
Trading software is a dime a dozen. If you’ve been trading for a while, not only do you know this, but you’ve probably have heard of Bitcoin Trader. The market for it makes sense.
Serious traders are generally open to trading quite a few things, so it’s only natural that they’d trade their bitcoin – should they have any.
How do these platforms work?
This platform isn’t difficult to use, as it uses a trading robot to handle all of the manual exchanges. Having to do everything yourself can be a bit laborious, so having an option to take care of the necessary legwork is generally viewed as favorable, allowing the user to focus more on making big profits buying and selling their bitcoin.
The software is designed for people to easily make great money through trading bitcoin when it was created in 2017. Gary Roberts, Bitcoin Trader’s creator, has overseen his project to become the top in trading by the US Trading Association. Most of this is due to the fact that some users see about thirteen-hundred dollars in daily profit.
Let’s face it; there are still more than a few people who aren’t sure of bitcoin – much less trading it! It’s still relatively new, it’s too volatile for some, and its unregulated nature can turn people off. It’s for this reason why we’ve taken it upon ourselves to explain some of the drawbacks and benefits of using Bitcoin trader.
With this review, we’ll lay out everything that we can to help you make an informed decision.
Let’s get into it!
- 1 Bitcoin Trader a Scam or Trustworthy?
- 2 Bitcoin Trader Features:
- 3 Bitcoin Trader Unique Features:
- 4 How do I Open A Bit Trader Account?
- 5 How to Start Trading
- 6 Mobile Bitcoin Trading
- 7 Anything else to know about Bitcoin trader?
- 8 Is Bitcoin Trader represented on Facebook and TV?
- 9 Quick Bitcoin Trader FAQ:
- 10 In Summary
Bitcoin Trader a Scam or Trustworthy?
First, it’s definitely not a scam as we made about two-hundred dollars with the platform. It also doesn’t have a scammy application process.
Like with all trading robots, you should always be a little weary. We are, too. If you don’t really have the actual agency to do your own trades, it’s expected to be a little suspicious, as you don’t know whether these robots will genuinely work in your favor. It’s essentially blind trust.
We’ve always had this point of view, and while we were doing more research, we found that virtually everyone holds a similar opinion. You probably shouldn’t trust automatic trading software. This is due to them being new to the scene, though we don’t always think that something that’s new is inherently bad.
If you trade at Bitcoin Trader, the market news reports that you can get a return of around 88 percent. While this doesn’t really change our feelings about trading bots, especially those that don’t ask for a security code, but we can vouch for the software.
It works well and operates all above board. If you use decent trading strategies, you can make some decent hay with just the normal amount of risk commonly associated with trading.
We tested just about everything here. we filled out the registration form, the verification process, invested a great amount of time in dealing with the robots, as well as the bitcoin wallet and the trading platform.
Since there’s no option for manual trading, you’re basically left up to the judgment of the bots to handle it for you. Once you sign up, you’re almost done with everything that you have to do. It conducts all of the calculations, ultimately in an attempt to find the deal that will make you the most money through leveraging statistics. After the trade goes through, the profit goes into your account. Done deal.
So, are you intrigued? We thought you would be.
However, like any kind of trading – make sure that you understand all of the associated risks. It’s not a perfect system. Even if most of the transactions end up being profitable, something could still go wrong. So, even if the risks are smaller, they do exist and you should be aware.
Like we said earlier, it doesn’t really take you a lot to get in and start trading. Here, all you have to do is register, drop a deposit, and manage your preferences. These settings should be set every day. Fortunately, it only takes a few minutes to do. After that, you’ll also have to set the auto-trading up. But after that, you only really have to worry about the daily settings and try to stay profitable.
We really like that the software performs admirably as an investor. These robots are pretty well programmed, as they take in statistics, trading signals, and market conditions without you having to lift a finger.
If you’re going to do your own trades, you understand that it will carry a bit more risk. You have to do your own data analysis, market research and more. It’s just easier to have a robot handle all of this for you. It’s true that it’s easier to rely on bots these days than it was before. AI has come a very long way in just the past few years. As such, it makes more sense to rely on robots more than we did a few years ago.
Bitcoin Trader Features:
Registration: Bitcoin Trader doesn’t make you jump through a lot of hoops when you’re signing up. You can do it in just a few minutes. You also don’t need bank statements or to provide an ID. All you need is a deposit method and barebones account info and you’re all set.
Deposits and Withdrawal:
You’re going to have to deposit at least two-hundred and fifty dollars to get in. Transferring is a breeze as you only have to put in the absolute required details. The withdrawal only takes about 24 or less. Bitcoins themselves only take as long as ten days. Just be sure that you have all of your information correct.
Other robots normally charge some fees – whether upfront or hidden. You don’t have to worry about either here.
We like the interface, so most people don’t report any problems. If you do, you can access customer support through either email or chat.
Auto trading platforms always come under fire especially when cryptocurrency is involved. You’re generally going to see many experts in the field who may doubt whether or not it’s worthwhile. Bitcoin Trader is unlike many other platforms. The transactions are rapid, there’s live support, plenty of customization options, and a bevy of great reviews.
Bitcoin Trader Unique Features:
There’s no one-size-fits-all approach to trading here. These settings give you a lot of flexibility to make some good money. If you have any problems setting anything up, the customer support team will step in and guide you.
We like demo trading because it allows you to get acquainted with the software before you risk any money. Once you’re comfortable enough in the process, you can put in your own money and actually start trading bitcoin.
With the robots doing a lot of the work, you stand to trade faster. After all, you don’t really have to do your own research here. While you don’t have to stare at the screen constantly, you do have to make sure the settings are correct if you don’t want to lose money.
How do I Open A Bit Trader Account?
Since now you’re abreast of essentially how the process works, you may actually be ready to trade! You can click the following link here to get started!
Once you click on the link, you’ll want to look for ‘register’. It’s an easy and free process. Be sure that you’re not using any strange link that requires payment when you’re signing up. It’ll more than likely be a scam, as the company itself doesn’t require any money to get started. In any event, you’ll have to provide a username, password, and any contact details.
Once you’re all signed up, you’ll have to deposit the trading free, which is two-hundred and fifty dollars via credit card. This investment is meager and should ensure that you make some decent money. As far as security, you won’t have to worry about thievery through their secure payment gateway.
How to Start Trading
Even if you’re super confident in your ability to trade, we suggest you start off with the demo mode. It gets you acquainted with all of the features, settings, and flow of the interface. You’ll stand to learn a lot. We also suggest that you run out all of the money in the demo account before you start trading your own.
This is where you will learn how to feel confident in the system. We suggest you start with small amounts and ramp-up. You’ll learn how to change the settings, such as taking profit, maximum trading, and taking a profit. All of these things can be tailored to fit your trading style.
Options in Extra Help
If you need extra help, you’ve picked a decent program. You have live chatting and emailing as a means to get additional help. You can consult them at any time.
Mobile Bitcoin Trading
If you want to use Bitcoin Trader, all you need is an internet connection and a functioning browser. At current, Bitcoin Trader doesn’t have an app, so you’re going to see some of the functionality dips if you’re not using a desktop.
While we know that you’re excited, we think it’s only fair for us to both outline the pros and the cons of Bitcoin Trader.
Pros for Bitcoin Trader:
– You can sign up in mere minutes
– More customization options than most would ever need
– Fun and easy to use interface
– Very engaging demo trading
– Relatively easy to make a profit
Cons for Bitcoin Trader:
– No app currently available for iOS or Android
– No inherent Bitcoin Trader use for US citizens, you’ll have to use a brokering service
Anything else to know about Bitcoin trader?
Yes, we have some assorted notes for people who are genuinely interested in Bitcoin Trader!
We understand that this takes a lot of risk out of trading, we still don’t believe that you should put all of your eggs in one basket. We suggest that you only use small amounts per trade. The bots do a very good job, but markets aren’t always predictable, so you should always mitigate risk as much as possible. The risk will always be present in trading.
As we said before, there isn’t an app available for either Apple or Android. So, if you have a browser that’s known to act up a bit, you may want to stick to desktop or something a little more reliable. This isn’t just relegated to Bitcoin Trader, but all trading platforms without a dedicated application.
It’s easy to not be overly impressed by a review! We thought we did a good job, but, we get it! In the event that you’re not interested in trading bitcoin or automated trading. If that’s you, we have another idea!
Another method is CFD broker. It stands for contact for the difference. It allows you to consider rising and falling trends in bitcoin and determine which would be correct. This allows the freedom in trading in whichever margins that you prefer by working the difference. You’re not going to find that in any automated software.
Also, through the financial conduct authority, you don’t have to worry about whether the money is protected. Most CFDs are protected by this.
This makes it a decent choice for those who aren’t interested in letting the robots do all of the work for you. At least, this is assuredly the case in our opinion.
Is Bitcoin Trader represented on Facebook and TV?
If you’ve seen any ads for Bitcoin trader on Facebook or TV, you’re probably looking at a scam product or service. There is no shortage of ads that advertise Bitcoin Trader, but none of them are correct. Bitcoin Trader has never been on TV or received any celebrity endorsement.
Dragon’s Den and Shark Tank
If you’re searching for Bitcoin Trader on your favorite search engine, you’re bound to see either Dragon’s Den or Shark Tank being affiliated with them. This is common, but there has never been a collaboration between Bitcoin trader or two of these top TV shows. At current, there is no plan for them to be linked together, so please do not believe any of these dubious claims.
Bitcoin Trader and Celebrity Endorsement
You won’t be hardpressed to find crypto trading bots and celebrities out there. Bitcoin Loophole is a very common example of this. This is a marketing tactic generally used by those who are trying to gain traction by scammy outfits. While we can’t outrightly say that a particular program is scammy and another is not, Bitcoin Trader has no celebrity endorsement.
An example of this would be Peter Jones, Elon Musk, and Gordon Ramsay. It has been reported that Peter Jones bought twenty percent shares in Bitcoin Trader. Something similar has been said about Elon Musk, so much in fact that he was stepping down from Tesla to become more involved in automated trading systems.
Gordon Ramsay has also been linked to Bitcoin Trader. Neither the restauranteur nor the Tesla head-man has been ever involved in Bitcoin Trader.
Quick Bitcoin Trader FAQ:
Q: What is Bitcoin Trader?
A: Bitcoin Trader is a crypto trading platform where robots trade for you as opposed to human input.
Q: Does it work? How much can I earn?
A: It works. Users have claimed that they can make over 1,000 dollars per day.
Q: Is Bitcoin Trader safe to use?
A: While we found that the software is very secure, there are always risks. As such, we don’t think that you should ever keep high amounts of money in your account.
Q: Do I need a crypto wallet if I want to trade?
A: Not at this time. All you need is to deposit your money through your credit card and begin trading.
We can say that we can recommend this particular automated trading system for both buying and selling bitcoin. We can doubly recommend this for people who haven’t traded bitcoin – or any other cryptocurrency – before. We feel this way because you have a demo account. You won’t have to really know all that much about trading to see a profit.
From visiting the website to trading real money, every step seems to be a cinch. You also don’t have to wait forever and a day for your money.
Again, we very much suggest that you don’t spend a lot of money on a daily basis. That’s in addition to keeping your total account profile low, mitigating risk every step of the way. Anything else and you’re potentially setting yourself up for some degree of failure.
In short, if you’re looking for a great way to trade and make some decent money, you should give Bitcoin Trader a try. If you follow our advice, you should be pleased with the results!