Institutional traders are flooding the cryptocurrency market, bringing with them cutting-edge tools to help them stay ahead of the competition. Among them are trading bots. These software programs perform transactions in sub-seconds using sophisticated algorithms.
Retail traders are not excluded from algorithm-powered trading because there are commercial robots that assist in automating trades and performing analysis.
This Bitcoin Code review investigates a well-known cryptocurrency auto trading program that makes big promises. It delves into what it is, how it functions, essential features, advantages and cons, things to think about before registering, and how to use Bitcoin Code.
A trading bot called Bitcoin Code uses an AI system to properly forecast price movement and carry out winning trades.
According to internet user reviews, Bitcoin Code is a promising crypto trading bot with attributes like zero commissions and costs, an intuitive user interface, simple enrollment, quick verification, and automatic trading.
Never, however, let a trading bot’s advantages deceive you into believing that you are secure. Trading in general, and cryptocurrency trading in particular, can be extremely volatile and vulnerable to variables that are beyond anyone’s control. Remember that despite having a 99.4% success record, there is still a chance you could lose money, so proceed with caution and never invest all of your savings.
Bitcoin Code Pros and Cons
Automatically trade 8 popular cryptocurrencies
Claimed 99.4% success rate, according to the website.
Supports instant fee-free withdrawals
No trading fees or commissions
Requires no prior trading experience
Doesn’t offer a mobile app
Requires a $250 minimum deposit
Is Bitcoin Code a Scam?
Is Bitcoin Code a scam? was the main focus of our evaluation of the software. It makes the same 99.4% success rate claim as several other platforms for cryptocurrency trading bots, while such guarantees should be treated with caution. We were unable to independently confirm Bitcoin Code’s assertions.
Additionally, according to Bitcoin Code, if customers are dissatisfied with the site, they can withdraw their money at any time. Before risking real money on trades, you can also test out Bitcoin Code in demo mode.
If true, it would lower the risk, but Bitcoin Code seems to demand a minimum investment before allowing users to try the trial account’s features.
What Is Bitcoin Code?
Bitcoin Code is a proprietary trading bot. However, there hasn’t been a lot of third-party auditing or backtesting made available.
In order to generate income through quick automatic trades, the platform claims that it can automatically buy and sell cryptocurrencies on traders’ behalf. All auto trading profits are returned to your trading account by Bitcoin Code, allowing you to compound and gradually increase the value of your account.
This Bitcoin robot uses a complex algorithm that monitors the bitcoin market. According to the platform’s website, the trading algorithm it employs is 99.4% accurate and fast enough to always be 0.01 seconds ahead of market movements. However, we are unable to verify their claims. Keep in mind that trading carries risk, and Bitcoin Code runs the possibility of going out of business.
Notably, using this platform is totally free. You won’t pay any fees or commissions when you create a new account, either. The minimum deposit amount for Bitcoin Code is $250, but you may try it out risk-free in demo mode and withdraw your money immediately whenever you like.
How Does Bitcoin Code Work?
According to our assessment of Bitcoin Code, this software claims to automatically trade bitcoins using a sophisticated algorithm. According to Bitcoin Code, the algorithm is able to identify price patterns that are likely to result in bullish or bearish moves because it has been trained on years’ worth of cryptocurrency day trading data. The algorithm starts a trade when it notices a pattern that it is familiar with.
To start a transaction, such as buying Bitcoin, Your trading account funds are utilized by Bitcoin Code. When the price movement slows down or the predetermined profit target is met, the trade is closed. Any money, including winnings, is transferred back to your trading account so that you can utilize it for future transactions.
Bitcoin Code Overview
Minimum Deposit: $250
Fees and Commission: 2% on profitable accounts
Claimed Success Rate: 99.4%
Supported Cryptocurrencies: 8+
Deposit and Withdrawal Fees: None
Trading Platform: MT4
Demo Account: Yes
Key Features of Bitcoin Code
According to the business, the algorithmic trading platform for Bitcoin Code can trade cryptocurrencies continuously and is incredibly quick. The platform claims it has an advantage over the market since it always reacts at least 0.01 seconds quicker than human traders.
We were unable to verify these claims, but such speed would allow Bitcoin Code to identify patterns as soon as they materialize and to always get the cheapest prices while transacting.
Claimed success rate of 99.4%
According to Bitcoin Code, their trading platform has a 99.4% success rate. Other crypto trading bot services make similar, seemingly unsupportable promises, but it’s possible that they’re only doing so for marketing reasons. Since cryptocurrencies are a highly volatile financial asset class, we were unable to independently validate this claim as part of our Bitcoin Code review. As a result, you should proceed at your own risk as this winrate might not be attainable in the long run.
Exchange Several Cryptocurrencies
Using Bitcoin Code, you may trade eight different cryptocurrencies, including Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, Bitcoin SV, Tether, and EOS. It is essential to trade a range of well-known cryptocurrencies because doing so boosts your likelihood of profiting from purchases and sales.
Due to their widespread popularity, each of these eight cryptocurrencies sees a large amount of transaction activity. Additionally, the bulk of these coins have high volatility compared to stablecoins like Tether.
Practice Trading Mode
In the demo trading mode of Bitcoin Code, you can practice trades without risking any real money. This is a great way to find out if Bitcoin Code fulfills its promises and complements your trading style.
Additionally, you can securely change a few of the demo mode’s settings for the trading algorithm to make them better fit the market’s current condition.
Instant Withdrawals and Deposits
Without charging any costs, Bitcoin Code allows bank transfers, credit card, and debit card deposits. You can start trading right immediately because deposits made with credit and debit cards become instantaneously available in your account. This site claims to pay out within minutes of a withdrawal request and withdrawals are also fee-free.
How to Use Bitcoin Code – Step-by-Step Guide
Step 1: Open an account
A Bitcoin Code account can be created in a relatively simple manner. Standard personal information such as your first and surname name, phone number, and email address must be entered into the online form above.
Step 2: Make a Deposit
You must select the deposit option to open a new window where you can deposit your initial operating capital. From this point, you can access the account you have with your current broker, where you will deposit your money.
Step 3: Monitor Trading Bot
Set the auto trade option to “on” and specify all of your preferences and criteria for trading. The trading bot for Bitcoin Code will then start to work and start earning you money. Simply keep checking in occasionally to see how the robot is doing.
Bitcoin Code vs other Trading Robots
Minimum Deposit: $250 (in-line with other trading bots and platforms)
Success Rate: 99.4% (much higher than other platforms like Immediate Edge with 90%)
Can you make money with Bitcoin Code?
Finding lucrative trades while navigating the clutter is not always simple for traders. The majority of the results you’ll find in the top search engine results generally have little to no relation to the particular broker.
Some traders were able to uncover many reports that contained useful information on the Bitcoin Code system despite having to comb through a lot of pages. Even then, it’s unclear whether the instances those users alleged occurred. A compelling movie promoting the advantages of the Bitcoin Code software’s customer support welcomes visitors to the software’s landing page. The system in the Bitcoin Era is referred to in the film as a combination of man and machine and allows users to trade CFDs including Bitcoin and well-known altcoins. And from what we’ve learned so far, just a select few users have access to the Bitcoin Era system. Additionally, it is only accessible for a short while.
Tips for new traders
No matter how good an algorithm is, remember that cryptocurrency trading never offers a 100% guarantee of profit. To reduce your risk exposure and increase your profitability, you must use due diligence. Here is some advice that can be useful to you.
Don’t risk more than you can afford to lose by investing.
Amateur Bitcoin traders frequently commit the grave error of trading all of their funds as soon as they start to notice profits. That’s a bad way to make investments. Even if the bot has historically performed flawlessly, keep in mind that there is no guarantee that it will continue to produce results that are similar.
Beginning with a Limited Working Capital
Going all-in is never a good decision, even if you have enough extra cash. Instead, familiarize yourself with the software’s operation and market dynamics to make sure you’re obtaining the best possible return on your investment. Always begin with a little sum of money, and as you make more money, gradually raise your working capital. By doing this, you can experience organic growth without taking on too much financial risk.
Avoid investing all of the profits.
It’s tempting to reinvest all of your money when you are seeing excellent returns. Remember that investing is all about using logic to make judgments rather than letting your feelings guide you. Set aside a portion of your profits for savings, depending on your investing strategy, and use the balance to increase your working capital. By employing this tactic, you can prevent putting anything at risk.
Record Your Financials
Many traders make the error of failing to keep accurate records of their bitcoin trading, which may result in legal problems. When you keep a record, you always have ready access to factual data anytime you need it. You can use it to assess your tax liabilities for capital gains you made from trading cryptocurrencies.
Pay attention to the cryptocurrency authorities’
It’s best to rely on the advice of specialists if you’re unclear about the method to use. Professional traders with years of experience trading cryptocurrencies and other assets typically have the expertise to offer techniques that are more likely to succeed and make precise predictions. You can also study risk management by following the advice of professionals.
Has Bitcoin Code Been Endorsed by Celebrities?
Dragons Den – Peter Jones, Deborah Meaden
Despite the fact that comparable trading software has been proposed on Dragons’ Den, these programs differed greatly from the algorithm developed by the Bitcoin Code team, who were not there.
Although Elon Musk, the eccentric founder of Tesla and SpaceX, is a huge supporter of decentralization and democratization of currency, our research once again shows that he has never expressly approved this trading system.
Although Jeremy Clarkson has been associated with a few crypto projects, our research could not turn up any evidence that one of their endorsements was Bitcoin Code app.
Holly Marie Willoughby
Although Holly Marie Willoughby has been associated with a few crypto projects, our research could not turn up any evidence that one of their endorsements was Bitcoin Code trading platform.
Although Idris Elba has been associated with a few crypto projects, our research could not turn up any evidence that one of their endorsements was Bitcoin Code platform.
Although Ant McPartlin has been associated with a few crypto projects, our research could not turn up any evidence that one of their endorsements was Bitcoin Code trading platforms.
Although Nicole Kidman has been associated with a few crypto projects, our research could not turn up any evidence that one of their endorsements was Bitcoin Code platform.
Although Trevor Noah has been associated with a few crypto projects, our research could not turn up any evidence that one of their endorsements was Bitcoin Code platform.
Although Gordon Ramsey has been associated with a few crypto projects, our research could not turn up any evidence that one of their endorsements was Bitcoin Code.
Is It Possible to Withdraw Earnings?
You need to complete a withdrawal form in order to receive your money. Following submission, your broker will execute your payment, which will appear in your bank account within 24 hours.
What are the fees for Bitcoin Code?
The fact that there are no fees at all when using Bitcoin Code is one of its benefits. There are no commissions or costs associated with trading, deposits, or withdrawals.
You should be aware that the broker Bitcoin Code charges spreads for trading cryptocurrencies. Bitcoin Code does not impose these fees directly.
Deposit/Withdrawal Fees: None
Trading Fees: None
Minimum Deposit: $250
Yes. Transactions on the platform are secured using blockchain. This system stores everything you are doing in a highly secure environment, making it virtually impossible to change that information to perform a fraudulent transaction.
A Bitcoin robot, or automated cryptocurrency trading platform, is called Bitcoin Code. We were unable to independently verify the platform’s claims that it can trade well-known cryptocurrencies like Bitcoin and Ethereum for you in order to make a profit.
According to our evaluation of Bitcoin Code, this platform claims to have a 99.4% success rate, but we haven’t seen any evidence to support this. As such, do your own research and use this service at your own risk.
You may sign up for Bitcoin Code by going to the platform’s website and entering your name, email address, and phone number. The following step is to deposit a minimum of $250 via bank transfer, credit card, or debit card.