Whether trading Bitcoin, Ethereum, Litecoin, or other cryptocurrencies, Bitcode Prime is a well-known robot. This review walks you through the main features, benefits, and drawbacks of this system so you can understand how it functions. Additionally, you will comprehend how to get started and whether it is legal in the cryptocurrency industry.
A simple trading bot called Bitcode Prime can help you profit from the market. According to the service’s creators, it has a 90% backtested success rate. They have also lauded the service’s effectiveness and security.
We are unable to respond definitively to the authenticity of Bitcode Prime. But the bot appears to have the qualities of a dependable platform.
However, because the cryptocurrency market is so unpredictable, we urge you to only deal with money you’re willing to lose. When trading, use your take profit and stop loss orders carefully. Start out modestly, avoid being overly greedy, and perform a test withdrawal right away.
Bitcode Prime Pros and Cons
- Multiple payment methods
- Trade BTC, ETH, LTC, and more
- Easy registration process
- Leveraged trading available
- Limited cryptocurrencies
- Fake stories used in advertisements
- Unverified claims of profits
- Interface similar to other robots
Is Bitcode Prime a Scam?
Knowing who to trust and who is a fraud is difficult, which is unsurprising given the prevalence of scams. You can be confident that Bitcode Prime is a trustworthy trading tool when dealing with it. To assist you to manage your account and finding your way around trading in the unpredictable cryptocurrency market, Bitcode Prime has teamed up with CySEC-licensed brokers. Your privacy is very important to Bitcode Prime, so your information is secured by an SSL certificate.
Even when trading is being done on your behalf, it can be extremely scary for a newbie. It’s only natural for you to have numerous questions or concerns, which is why Bitcode Prime offers a round-the-clock customer service department to make sure your needs are met at all times and you are never left in the dark. Additionally, there are numerous online testimonials from Bitcode Prime users who are happy with the software and the money it has brought in for them.
What Is Bitcode Prime?
Bitcode Prime is an automated trading tool that scans and analyses the cryptocurrency market using machine learning. By analysing historical data and market movements more quickly than humans can, it determines the ideal entry and exit locations for trading cryptocurrencies like Bitcoin.
You can register with Bitcode Prime to have it make and execute trades for you. After performing the analysis, the Bitcode Prime trading platform immediately places your cryptocurrency trades on the platforms of affiliated brokers. Due to the information, it can analyze, the trading platform asserts that it is 0.01 seconds ahead of the market, and it uses this feature to profit from the fluctuating cryptocurrency markets.
The platform also allows experienced traders to trade manually, giving them the option to specify specific criteria for the trades they want the robot to execute rather than putting all of their trust in the trading bot.
How Does Bitcode Prime Work?
When Bitcode Prime scans the internet for information, it automatically places trades based on what it discovers about the state of the market.
To carry out these deals, the Bitcode Prime trading platform collaborates with licensed brokers who support leveraged trading for bitcoin and other cryptocurrencies. It continuously scans the market, calculates an entry or exit position, and then uses an API to instantaneously transmit trading signals to the broker. The trade suggested by the bot is subsequently executed by the broker.
Bitcode Prime Overview
Claimed Win Rate:90%
Trading Fees:2% commission on profits
Account Fees: None
Deposit/Withdrawal Fees: None
Withdrawal Timeframe: 24 hours
Number of Cryptocurrencies Supported:7
Supported Fiats: USD, EUR, GBP, and more
Native Mobile App: No
Free Demo Account: Yes
Customer Support: Email
Verification required: KYC
CFD Available: Yes
Key Features of Bitcode Prime
With many bots, processing withdrawals can take several days, but with Bitcode Prime, your transactions will be finished in within 24 hours.
Trade Execution Quickly
Based on information on its website and our personal experience, Bitcode Prime is speedy and completes all trades immediately.
The bot claims of having an advanced demo account that you can utilise to test it out and determine whether it suits your demands. Until you feel comfortable entering the real market, you can practise bitcoin trading using an automated platform by using the demo account.
How to Use Bitcode Prime – Step-by-Step Guide
Step 1: Open an account
You must first register on Bitcode Prime’s platform in order to access the automated trading software through the form provided above. At this point, you will also need to create a password and provide information such your name, email address, and phone number.
Step 2: Verify your Account
You can immediately access the trading software after verifying your account by clicking the email link that will be sent automatically.
Step 3: Make a Deposit
To begin auto trading, you must deposit at least $250 into your account. Although Bitcode Prime doesn’t have a demo account, its trading dashboard can be viewed in a walkthrough demo.
Step4: Monitor Trading Bot
You can start auto trading with your Bitcode Prime account after making the required minimum funding deposit. You must establish trading settings, such as stop-loss orders, daily take profits, daily risks, etc., for this. Additionally, a manual trader can define parameters to initiate and close deals in accordance with their own approach.
Bitcode Prime vs other Trading Robots
Minimum Deposit: $250 (compared to other platforms with higher deposit requirements)
Success Rate: 90% (compared to 80% for Bitindex AI, 99% for Immediate Edge)
Simple KYC process (compared to other platforms with massive amounts of information required).
Can you make money with Bitcode Prime?
Bitcode Prime is a user-friendly bot that you can use without needing to be an expert in bitcoin trading signals. According to reports, the bot employs algorithms to assist you in finding the finest bargains that may be profitable by digesting vast volumes of information more quickly than a human would. Additionally, it runs autonomously, so you don’t have to sit at your trading station for hours at a time.
Furthermore, Bitcode Prime asserts that it employs cutting-edge technology to spot patterns that can be advantageous to consumers and that it only acts when it thinks the timing is appropriate by using money that has already been deposited. Additionally, Bitcode Prime does away with emotional trading, which can lead to poor decisions because of excitement, fear, or worry.
Tips for new traders
Research is essential before dealing with the cryptocurrency market. Even seasoned traders should exercise caution when dealing with the sophisticated and occasionally turbulent cryptocurrency market before entrusting their money to a platform that uses automated trading algorithms. Our team of specialists has the following advise for anyone considering automating their trading:
- Before using a robot, educate yourself about trading. Even when using trading software, it is crucial for those who are new to trading to understand the specifics of what it entails. This will help you become familiar with techniques like establishing limits and stopping losses to protect your money and develop a more effective trading strategy.
- Study up on cryptocurrencies. Before registering for a robot service, it is crucial to grasp the fundamentals of what you are trading because cryptocurrency markets can be difficult to get used to.
- Begin with a practise account. Users of automated trading software frequently have the option to start trading with a demo account, allowing you to get acquainted with the platform without risking any of your hard-earned money.
- Over time, build up your portfolio gradually. The finest trading approaches focus on long-term, steady gains. Don’t put too much risk in your investing at first; start modest.
Has Bitcode Prime Been Endorsed by Celebrities?
Dragons Den – Peter Jones, Deborah Meaden
Claims have been made that Bitcode Prime was endorsed by Dragons Den, however, we could not find any proof to back this up.
Claims have been made that Bitcode Prime was endorsed by Elon Musk, however, we could not find any proof to back this up.
Claims have been made that Bitcode Prime was endorsed by Jeremey Clarkson, however, we could not find any proof to back this up.
Holly Marie Willoughby
Claims have been made that Bitcode Prime was endorsed by Holly Marie Willoughby, however, we could not find any proof to back this up.
Claims have been made that Bitcode Prime was endorsed by Idris Elba, however, we could not find any proof to back this up.
Claims have been made that Bitcode Prime was endorsed by Ant McPartlin, however, we could not find any proof to back this up.
Claims have been made that Bitcode Prime was endorsed by Nicole Kidman, however, we could not find any proof to back this up.
Claims have been made that Bitcode Prime was endorsed by Trevor Noah, however, we could not find any proof to back this up.
Claims have been made that Bitcode Prime was endorsed by Gordon Ramsey, however, we could not find any proof to back this up.
Is It Possible to Withdraw Earnings?
You must fill out an application for the withdrawal process, where you are requested for your bank information, after which your winnings will be deposited into the designated account. There are no restrictions, and if it suits you better, you can even choose to get paid daily.
Please be aware that in order for the broker to comply with laws intended to prevent money laundering, you will frequently be requested to give verification of your name and address when withdrawing funds.
What are the fees for Bitcode Prime?
Users of Bitcode Prime are not required to pay any licence or registration fees. Additionally, there are no commission fees removed from the profits generated by this trading bot. To begin utilising the demo account, users are just required to deposit the minimal sum of $250 (which serves as the initial capital).
Due to the bot’s lack of hidden fees, creating a budget and eventually exercising control over your expenditures are made simpler. Never trade more than you can afford to lose, just to be safe.
We also find it fascinating that Bitcode Prime occasionally provides deposit bonuses as a way to thank devoted customers. Such bonuses should be sought after to increase your profits. Make sure Bitcode Prime meets your trading/investment demands by testing it out with its simulated demo account before utilising it to enjoy your experience.
Although Bitcode Prime does provide automated trading services, some of its claims that users were able to earn a million dollars in 61 days are highly dubious and unlikely to be accurate. The robot from Bitcode Prime employs cutting-edge technological approaches to determine the optimum entry and exit locations in cryptocurrency trading. Then, it executes transactions automatically on the user’s behalf while also giving you the option to manually define trading parameters. But should notice that the claims of Bitcode Prime users producing enormous profits are unverifiable.
Yes, creating and validating a Bitcode Prime account is simple and takes only a few minutes. A user must register by giving their contact information, including name, email, and phone number. The process of verifying your account afterwards often takes up to 30 minutes (they send you an email and you need to verify your address by following the link). To register for a Bitcode Prime account, a user is not required to submit any forms of identification. It is more difficult to join up on your phone because not all nations can use the robot’s services, and there is no Bitcode Prime app.
No, withdrawals are only made in fiat money. On the robot’s platform, users can trade well-known coins like Bitcoin, but these trades are executed through a broker that deals in CFDs. As a result, all reading is conducted using fiat money, and any rewards are also made in this manner.