What “official BitAlpha AI website” URL of the several exists, and is this cryptocurrency trading bot a scam or a real website? Our review focused on the automated trading platform BitAlpha AI, which may be spelled in a number of different ways, with or without spaces.
Online trading bots for cryptocurrencies and specialised “Bitcoin robots” are highly popular, with BitAlpha AI now trending most on social media. However, it’s crucial to exercise caution as the bulk of trading robots are unregulated and some are scams.
We reviewed the details on the Bit Alpha AI website as well as online customer reviews.
Our Verdict
It is no secret that investing in bitcoin and other cryptocurrencies has produced sizable returns for investors, and it is evident from reading the positive comments that BitAlpha AI is doing well. Our investigation’s findings, which are summarised in this review, also show that the site is fully legitimate, reliable, and user-friendly. Although little is known about the platform’s designers, its legitimacy cannot be disputed.
However, bear in mind that employing BitAlpha AI is best suited for people who possess a rudimentary knowledge of digital currencies, notably bitcoin.
BitAlpha IQ Overview
| 🤖 Robot Name: | BitAlpha IQ |
| 👾 Robot Type: | Crypto Trading Robot |
| 💸 Minimum Deposit: | $250 |
| ✅ Is It a Scam or Legit? | Legit |
| 🚀 Claimed Win Rate: | 84% |
| 💰 Trading Fees: | None |
| 💰 Account Fees: | None |
| 💰 Deposit/Withdrawal Fees: | None |
| 💰 Software cost: | Free |
| ⌛ Withdrawal Timeframe: | 24 hours |
| #️⃣ Number of Cryptocurrencies Supported: | 50 |
| 💱 Supported Cryptocurrencies: | BTC, ETH, LTC, XRP |
| 💲 Supported Fiats: | USD, EUR, GBP |
| 📊 Leverage: | 5000:1 |
| 👩🏫 Social Trading: | Yes |
| 📋 Copy Trading: | Yes |
| 📱 Native Mobile App: | No |
| 🖥️ Free Demo Account: | Yes |
| 🎧 Customer Support: | Live Chat |
| ✅ Verification required: | Introductory Phone Call / KYC |
BitAlpha AI Pros and Cons
Pros
Automated Bitcoin trading as well as other crypto tokens
No hidden fees or management fees
Low minimum deposit
Viral on social media
Cons
No public backtesting or audit
Bit Alpha AI founders are anonymous
Some scam websites set up representing their link as the correct Bit Alpha AI website
Doesn’t appear to support NFT trading
Is BitAlpha AI a Scam?
Currently, BitAlpha AI is being used by a large number of trustworthy companies, and it has developed a solid reputation for dependability. It can be used for as little as $250 to get started. Through a variety of success stories and proof of earnings, it is further shown that this is not a hoax and that anyone can advance with it in order to do so in order to succeed as a bitcoin trader.
The only thing that causes some confusion for novices is the lack of information about BitAlpha AI’s founders and creators. The platform’s website does not yet have a lot of information about it, but a large number of trustworthy outside sources have confirmed its originality and legitimacy. You can get more information by performing your own study.
What Is BitAlpha AI?
Crypto exchanges usually state in a risk statement that 68% to 72% of human traders lose money. When the market corrects, even ordinary investors who typically just buy and hold panic and sell at a loss or don’t pick the best altcoins to buy at the proper periods. With the promise of acting as “robo advisers” to assist traders be more lucrative while using bitcoin and other cryptocurrencies, Bit Alpha AI is one of the newest trading bot programmes. Numerous evaluations cite the main tagline of Bit Alpha AI, which is:
‘The Bitcoin Trading platform that does things differently.’
What is different about what it does The user can swing trade based on the state of the bitcoin market, with take profit and stop loss orders continuously updated, claims Bit Alpha AI.
Because Bit Alpha AI’s auto trading software is not made accessible to users without a deposit, we were unable to verify its precision and win rate. The minimum investment for trading robots is only $50, and a demo account is reportedly made available.
How Does BitAlpha AI Work?
Other than the fact that Bit Alpha AI can recognise “alpha” in trading environments, not much is known about it. The Greek letter alpha is frequently used to denote the word “edge.” Trading alpha, as defined by Investopedia, essentially refers to a trading strategy’s ability to exceed the market.
This might cover things like how to layer take profit (TP) orders, where to put stop loss (SL) orders, and more. See our rating of the top Twitter traders for cryptocurrencies who frequently use this word.
Bit Alpha AI, a cryptocurrency trading bot that can be used independently or in conjunction with Meta Trader 4 (MT4) or MT5, claims to be able to identify alpha in the price action (PA) of Bitcoin and other important assets.
Compared to some of the other automatic trading platforms we’ve studied, it seems to operate in a more sophisticated manner. The term “AI” (artificial intelligence) implies that this is a trading tool, albeit it keeps the specifics if any, a closely-kept secret.
BitAlpha AI Overview
Supported cryptocurrencies: BTC, plus the top 20 altcoins
Withdrawal time: Instant via cryptocurrency
Minimum deposit: $50
Key Features of BitAlpha AI Trading Platform
High winrate
Although it’s unknown if the claimed Bit Alpha AI winrate of 70% is exaggerated, if it’s accurate and trustworthy, it would be enough to outperform the market over the long haul. It sounds more realistic than some dubious robot trading programmes.
Speedy Withdrawals
According to Bit Alpha AI, its withdrawal time window is practically instant, sending back the bitcoin asset that was used as the deposit method only takes a few minutes to an hour. Even though these options need a bit more processing time, profits can also be put into and cashed out using a bank account or a VISA card.
Educational Resources
After depositing, Bit Alpha AI makes some instructions on how to trade and how Bit Alpha AI functions available.
Practice Trading
Like many cryptocurrency robots, Bit Alpha AI provides a demo account; to learn more about your options, see our guide to demo trading accounts.
Overnight Trading
In contrast to traditional financial markets, which could close on weekends, cryptocurrency exchanges are open around-the-clock. The Bit Alpha AI robot makes use of this fact.
How to Use BitAlpha AI – Step-by-Step Guide
Step 1: Open an account
Make sure you join using the form above to avoid signing up from a bogus page or falling victim to fraud.
Step 2: Verify your Account
Fill out a KYC form with a broker advisor from your matched brokers. You must then open a BitAlpha AI account and start trading after making the minimal investment.
Step 3: Make a Deposit
A $50 initial fee is required from candidates in order to enrol in the Bit Alpha AI programme. New user accounts can be funded with bitcoin, credit/debit cards, bank wires, and cryptocurrency.
Step 4: Monitor Trading Bot
Some new traders may decide to practise trading on paper utilising the Bit Alpha AI platform’s demo trading option before making a substantial commitment.
Choose a trading market, such as BTC/USDT, ETH/BTC, etc., using the email instructions you received or those offered by the support team. There are rumours that the Bit Alpha AI robot can either check the markets on its own using an automated scanner or the operator can take a more active role and change its settings.
BitAlpha IQ vs other Trading Robots
$50 minimum initial investment (compared to other platforms with higher deposit requirements)
Success rate: 92% (vs. Bitindex AI’s 80% and Bitcoin Prime’s 90%).
Easy KYC procedure (compared to other platforms with massive amounts of information required).
Can you make money with BitAlpha IQ?
Using data it collects from the market, the BitAlpha AI trading bot automatically executes transactions on your behalf. If you want to effectively manage your finances, it’s always a good idea to keep an eye on your behaviour. Have a strategy in place before you start trading because losses are unavoidable.
The numerous online claims that BitAlpha AI traders have made thousands of dollars are difficult to unbiasedly verify.
We suggest that beginners start trading with little sums of money to develop a feel for the markets. The prices of cryptocurrencies can swiftly change in either direction due to their extraordinary volatility.
Tips for new traders
Even if you have a rudimentary understanding of cryptocurrencies, you should spend additional time learning about the particular coin that you plan to trade. For instance, if you wish to trade Bitcoin, you need to be quite familiar with the variations that this currency can experience.
You can never foresee what will happen next, so don’t put off taking your money out. So, immediately remove the gains after merely holding the initial investments in the account. As was previously said, BitAlpha AI offers quick withdrawals, so you shouldn’t put off doing this.
Before you actually start investing money on this platform, check out the Demo account choices. You have already received advice in the paragraphs above, therefore never begin trading before familiarising yourself with this platform’s features.
When using trading platforms, it is best to begin with the smallest amount possible. No matter how much risk can be reduced or how confident you are, it is essential to start slowly and gradually increase your profits and portfolio.
Before making a financial commitment, conduct your own research and review all of BitAlpha AI’s fundamental guidelines.
Muster the courage to also suffer financial loss. especially the fundamental trading idea of accepting losses as well. Keep your initial investment as low as possible if you don’t want to be patient with losses. Being prudent with money is essential when dealing with volatile currencies.
Has BitAlpha IQ Been Endorsed by Celebrities?
Dragons Den – Peter Jones, Deborah Meaden
In the well-known British programme Dragons Den, a group of successful businesses compete against up-and-coming entrepreneurs. To persuade them to support your concept is the goal. Any idea backed by the panel may spread like wildfire over the globe right away. We investigated the potential that BitAlpha AI and the software might be related, but we were unable to find any evidence to support this rumour.
Elon Musk
Elon Musk, a self-made billionaire, is the mind behind SpaceX, Tesla Motors, and Solar City. He is a prominent public figure with the ability to make one comment that would have a catastrophic effect on global markets. The headlines might read, “Elon Supports BitAlpha AI,” for instance, if he were to publicly support Bitcoin. Our employees searched the internet extensively, but they were unable to find any evidence or hints that this had happened.
Holly Marie Willoughby
Holly Marie Willoughby, one of the most well-known and well-liked TV anchors in the UK, is rumoured to have developed a campaign for an unidentified cryptocurrency trading platform. There is, however, no proof to support this claim.
Idris Elba
Idris Elba is a talented musician, actor, and astute businessman. What is Idris like when it comes to investing? He also stars in the Netflix original series “Luther,” in which he plays Detective John Luther. Our staff looked for evidence that this man is connected to BitAlpha AI, but we were unable to locate any.
Ant McPartlin
Popular TV personality Ant McPartlin may have invested in Bitcoin, according to a recent article. He is reportedly an actor, the host, and producer of one of the most popular television programmes in Britain, as well as a side musician. Is the rumour accurate? We don’t know for sure yet, but given his interests outside of Hollywood, it wouldn’t surprise us too much if that were the case. He might see the worth in investing in such cutting-edge technologies early on before others who wait to invest do so and suffer significant losses.
Nicole Kidman
Nicole Kidman, an Oscar-winning actress who is worth €183 million and is well-known for her parts in movies like Moulin Rouge!, has lately been the subject of rumours regarding a potential investment into BitAlpha AI. Our staff was unable to locate any evidence that she is actively working on this project, but we haven’t completely ruled anything out just yet.
Trevor Noah
It has been suggested that The Daily Show’s Trevor Noah is connected to BitAlpha AI. Many claim that he became wealthy as a result of his involvement with cryptocurrencies, but in reality it was due of his comic background and job on The Daily Show, for which he was paid significantly more than the average comedian. There is virtually nothing extra to say about Trevor using BitAlpha AI because, as far as we are aware, there is no proof that he made any investments in it.
Gordon Ramsey
The king of international cuisine and entertainment, Gordon Ramsay, has enjoyed remarkable success. He has gained international recognition for the past 10 or so years as a result of his work as a chef and author on television shows like Hell’s Kitchen. Given his expertise in these areas, there are suspicions that he may be aiding BitAlpha AI, but because no concrete evidence of this claim has been found, it is still only a rumour.
Is It Possible to Withdraw Earnings?
According to Bit Alpha AI, its withdrawal time window is practically instant, sending back the bitcoin asset that was used as the deposit method only takes a few minutes to an hour. Even though these options need a bit more processing time, profits can also be put into and cashed out using a bank account or a VISA card.
What are the fees for BitAlpha IQ?
No! Everything about BitAlpha AI is free, even the signup. Additionally, the site doesn’t take any kind of commissions or fees.
FAQs
After reading the client testimonials, you will discover that there is no revenue cap and that you can earn up to €5,000 every day. But keep in mind that if you want to earn more, you must invest more. If you are unable to make a sizable financial commitment, it is best to begin with the lowest investment and gradually increase your resources. After that, you’ll be able to invest the money you’ve made.
The website is fully encrypted and uses an SSL certificate. Additionally, the website is thought to be devoid of third-party programmes, guaranteeing the security of your personal data.
Even if you have the resources to make substantial investments, starting small and working your way up to greater ones is strongly advised. It is significant to remember that not everyone should make sizable investments because there is a considerable risk of losing money when dealing with volatile currencies. Therefore, investing all of your funds in BitAlpha AI is not a wise move.
Yes, you can easily contact BitAlpha AI by email or live chat, and the bitcoin broker offers responsive customer care that is open 24/7.
