Our Verdict
Bitcoin Trader software is a trade bot claiming a success rate of up to 85%. The majority of traders consider it to be effective, simple to use, and outfitted with all required tools to maintain data security. Because of this trading bot, both novice and seasoned users may make money.
In just a few simple steps, you may open an account with Bitcoin Trader trading software. simply by filling out a few forms, funding your account, and starting to trade.
Additionally, if you’re new to the world of cryptocurrencies, you may practise on their demo account to hone your skills before trading on the real market.
Bitcoin Trader Overview
| 🤖 Robot Name: | Bitcoin Trader |
| 👾 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 |
Bitcoin Trader Pros and Cons
Pros
All trading is automated
Withdrawals and deposits are handled in under a day
Improved market signalling
No-Fee Software Licensing
Two-factor authentication
Cons
Verification Completed Over the Phone
No social trading features are available
Is Bitcoin Trader a Scam?
The accounts of Bitcoin Trader’s users are managed by brokers who are subject to CySec regulation. They can provide you the best guidance possible on everything from account setup to trading cryptocurrencies.
Bitcoin Trader also offers a demo account mode. By doing this, you may rapidly learn how the software functions and all of its ins and outs.
These details could help prove Bitcoin Trader’s legitimacy.
What Is Bitcoin Trader?
With a stated accuracy rate of 85%, Bitcoin Trader is a trading tool designed to lower market risk. Utilising the tradebot is quite easy. enables quick and simple account creation. Your data’s security and safety are Bitcoin Trader’s top priorities.
How Does Bitcoin Trader Work?
With the use of contracts for differences (CFDs), Bitcoin Trader is an automated trading programme that aims to reduce the workload associated with market research and trade execution.
The ability to trade cryptocurrencies is provided via a CFD, a derivative. Simply lock in the price, and when the contract expires, you essentially pay the difference. The derivatives that monitor cryptocurrency values are what you trade when you use Bitcoin Trader, not the cryptocurrency itself. To trade these crypto CFDs, the site uses machine learning and artificial intelligence.
These ideas, when combined with high-frequency trading, enable the Bitcoin Trader robot to identify market patterns and evaluate potential outcomes. The bot determines the best entry and exit locations for trades based on this study.
Additionally, Bitcoin Trader doesn’t operate independently. It maintains a network of partners in several nations and connects traders with independent brokers. The site states that these brokers have CySEC licences, although it is difficult to confirm this.
Position sizing and trade execution are responsibilities of Bitcoin Trader’s partner brokers. According to the bot’s creators, these brokers are in charge of managing positions and executing trades.
Key Features of Bitcoin Trader
The key characteristics of the trading platform are listed below.
Machine learning capabilities
Success rate of up to 85%.
Free of cost and simple registration and verification procedure.
Only a $250 initial deposit is required.
Regulated By CySec (liquidity).
How to Use Bitcoin Trader Account -Step-by-Step Guide
You may use this guide to learn how to use Bitcoin Trader.
Step 1: Create a Trading Account
Establishing a Bitcoin Trader account is a simple procedure. Filling out the provided form with your basic and up-to-date contact information is all that is necessary. Both enrolling and being verified are free of charge.
Step 2: Account Verification & Capital Investment
You’ll get an email asking you to validate your login information and activate your account. You must deposit a minimum of $250 before you can begin trading. Your first investment is this deposit.
Step 3: Demo Account
The trial account enables professional traders to test out their trading techniques while also enabling newbies to gain a thorough grasp of the platform. Spend some time on the demo account to gain a feel for the platform before you start trading.
Step 4: Monitor the Trading Bot
After funding your account, you may start trading in real time. You must choose the appropriate risk levels and trading parameters.
If you intend to utilise Bitcoin Trader, you must pay close attention to the risk factors. Keep in mind that the market is extremely volatile, and use caution when trading.
Bitcoin Trader Vs. Other Trading Robots
- Less than two minutes are needed to finish the signup procedure.
- Depositing money is simple because of the variety of payment methods.
- Customizable trading parameters that lower risk
- Processing withdrawals quickly, finished in 24 hours
- A strong performance history
- The Trading Environment Is Open
Can You Make Money with Bitcoin Trader?
If you know how to use Bitcoin Trader effectively, it can help your trading efforts. This entails extensively researching the cryptocurrency market in order to create winning trading plans and monitor the effectiveness of the bot. Additionally, traders should plan and estimate their gains taking into account tax deductions reported to the IRS/HMRC.
Tips for New Traders
It’s crucial to pay attention to your trading actions. Here are some pointers for newcomers to lessen the danger of losing:
It is advised for traders to start off with a minimum investment of $250. The loss is minimised if the trader loses for whatever reason.
The user should constantly take their winnings out and set aside a tiny portion for reinvestment. They should never invest the entire sum because there is a potential they may lose everything.
The traders must constantly abide by the expert’s recommendations. In addition, students should conduct some study and be well-informed about what they are entering.
Only invest what you can afford to lose, according to the user.
Has Bitcoin Trader Been Endorsed by Celebrities?
Elon Musk
In addition to being the creator of SolarCity, Tesla Motors, and SpaceX, Elon Musk is a fervent advocate for cryptocurrencies. Any platform he endorses will gain enormous popularity thanks to his influence. The assertions of his support for Bitcoin Trader are not supported by verifiable material.
Bill Gates
The founder of Microsoft Inc. has been acknowledged as a proponent of cryptocurrency. Nothing in the report, however, suggested that Bill Gates placed a high value on his stake in the Bitcoin Trade platform.
Richard Branson
The Virgin Business network was started by English entrepreneur Richard Branson. The well-known business mogul has denied supporting any cryptocurrency trading sites. Instead, he has made it clear that he does not advise consumers to invest in any of the auto trading programmes and that they should refrain from doing so.
Is It Possible to Withdraw Earnings?
Bitcoin Trader provides a range of withdrawal choices, including bank transfers and bitcoin wallets. Additionally, withdrawals may be done at any time because the platform was developed specifically for bitcoin traders all around the world.
Withdrawals at Bitcoin Trader are quick and simple, and the process just takes a few seconds. Within 24 hours of filing your refund request, you will get your money.
The technology also ensures a high degree of security by preventing all types of fraud and data breaches. Personal account withdrawals run smoothly and are free of extra charges.
What Are The Fees for Bitcoin Trader?
We may argue that using Bitcoin Trader is cost-free when it comes to understanding how much it costs. Although there is no membership cost for the trading programme, customers must deposit a minimum of $250 in their Bitcoin Trader accounts before they can begin real trading.
Additionally, traders anticipate the deposit incentives offered by Bitcoin Trader to maximise their trading experience. As a result, even if the trading robot is available for use without charge, be sure it satisfies your trading needs by trying it using the Bitcoin Trader sample account.
Initial Deposit: $250
Trading Fees / Commissions: Nil
Account Fees: Nil
Deposit / Withdrawal Fees: Nil
Subscription / Inactivity Fees: Nil
FAQs
Trader has a cloud-based app. Additionally, this platform is accessible from mobile devices with a reliable internet connection because it is operated on a web browser.
The trading platform for bitcoins is available for free. The required minimum to begin using this site is 250 USD or EUR.
People are increasingly wary of falling victim to the many automated trading bot scams that are common in the sector and losing money. People may occasionally be sent to another website’s cashier page when they sign up for a trading robot that is identical to this one. This suggests that the website or platform in question is a fraud. Nothing of the kind occurs with Bitcoin Trader.
