One of the most erratic asset classes in the world, cryptocurrency frequently undergoes large price swings. Humans’ inherent limitations make it difficult for them to effectively trade cryptocurrencies. Investors frequently find it difficult to respond rapidly to price movements. Platforms for crypto trading are useful in this situation.
One of the most well-liked trading platforms on this market is BitQL. This article will assist you in determining whether or not the BitQL cryptocurrency trading platform is a good fit for you.
Our Verdict
You can make money in the market by using a straightforward trading bot called BitQL. The service has a 90% backtested success rate, according to its inventors. Additionally, many have praised the service’s efficiency and security.
Regarding BitQL’s reliability, we are unable to provide a definite answer. However, the bot seems to have the characteristics of a reliable platform.
However, due to the volatility of the cryptocurrency market, we advise you to only invest with capital that you are willing to lose. Use your stop loss and take profit orders wisely when trading. Start out gradually, refrain from getting overly greedy, and immediately make a test withdrawal.
BitQL Overview
🤖 Robot Name: | BitQL |
👾 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 |
BitQL Pros and Cons
Pros
- Free live support
- No hidden fees
- Many positive reviews
- Two trading mode features
- Good customer support
Cons
- No mobile application
- Available in only a few countries
Is BitQL a Scam?
You should conduct due diligence to determine whether this platform is trustworthy or a fraud if you are an investor interested in it.
BitQL may be a scam if you are unaware of the volatility and hazards involved with trading bitcoin. However, if you are an experienced trader, you will understand that dealing with bitcoin and other coins that are similarly volatile does not come without danger. Therefore, your money is at risk regardless of the trading software you choose.
BitQL has proven itself as a reliable platform, and many reliable firms are presently using it. You may start using it with as little as $250. This is not a fraud, and anyone can make money using it as a bitcoin trader thanks to numerous success stories and earnings proofs.
The only thing that causes confusion for beginners is the dearth of information regarding BitQL’s founders and producers. Despite the platform’s website’s lack of information, various trustworthy outside sources have validated its uniqueness and trustworthiness.
What Is BitQL?
A well-known, cutting-edge trading platform called BitQL has teamed up with brokers who hold a CySEC licence to assist new traders in making money on the cryptocurrency market.
For the benefit of the trader, the software scans the turbulent cryptocurrency market using a series of mathematical algorithms to look for lucrative possibilities. The BitQL platform is entirely automated. While the software maintains your financial portfolio, you can keep up your full-time employment.
One of the many auto-trading bots that promise to assist users in generating income by foretelling bitcoin values is BitQL. Investors in the robot might make up to $2,000 every day. A recent live test was conducted to confirm the robot’s legitimacy by a well-known review website. In order to obtain a sense of the results, we also looked at user feedback.
How Does BitQL Work?
With the use of automated trading systems, market activity and price charts are kept track of. The software setup of the bot enables it to recognise essential trading indications, such as spread discrepancies, moving averages, patterns of price instability, and pertinent news that may influence transactions and currency movements. Only when there is active live trading is this feature accessible.
BitQL searches the market for tradable qualitative data using fundamental research. Surprisingly, the system can tell real news sources from fake ones.
This bot can examine patterns on a variety of charts and offer excellent technical analysis trading recommendations. Since everything takes place in a single second, BitQL is able to significantly lower market risk. BitQL is an easy-to-setup and uses trading platform.
Key Features of BitQL Trading Platform
Auto Trade
The main advantage of the auto trade feature is that it saves clients’ time by automating tedious and time-consuming tasks. By eliminating the need to spend hours researching the market before trading, it will save you time.
BitQL offers daily traders the chance to make a sizable profit because of an effective auto-trade feature. The developers of BitQL are confident in their cryptocurrency trading platform and assert that a sizeable sum of money has been put into it to make sure that everyone who uses its profits.
Additionally, it enables dealers to take pleasure in investing their time in different pursuits that can advance their goals. This feature is what allows it to enter trades at lightning-fast speeds, which accounts for significant returns on investment.
Payouts
One of the only fully automated trading platforms that pay off immediately after a trade is BitQL. To guarantee that everyone is informed of the worth of their investment portfolio, the payout is made right away.
The automated payout system used by BitQL is completely transparent. It’s programmed to begin processing live trading right after the session closes. Once the distribution has been decided, investors can either withdraw their winnings or reinvest them in the investment pool.
Assurance System
Although authentication is necessary to safeguard your account and guard against hacking, the process shouldn’t be difficult. The BitQL verification process is simple.
The last step is to deposit after providing your first and last names, email addresses, passwords, and phone numbers. For your new account to be funded, provide your payment details. When you ask for a sizable withdrawal from the system, additional proof of your identity and residence can be needed.
You’ll need to present a piece of identification that was issued by the government. To prevent money from being transferred to the incorrect account, this condition is essential.
Transfers and Deposits
You can deposit money quickly using BitQL. The website takes care of deposits and makes sure they show up in the user’s account within a short period of time.
BitQL does not impose any restrictions or limitations on the withdrawal procedure. All you have to do is complete the request form on your dashboard.
The process is straightforward, however, it can take up to 24 hours for the money to show up in the bank account of your choice. Remember that many other trading robots, if they ever deliver your funds at all, can take up to 72 hours or more. We’ve confirmed that when you ask for a withdrawal, BitQL doesn’t impose any fees. You should nonetheless learn more about your bank’s charges for third-party money deposits.
How to Use BitQL – Step-by-Step Guide
Step 1: Open an account
To access the automatic trading software through the form above, you must first sign up for a BitQL account. You will now also need to provide information such as your name, email address, and phone number as well as create a password.
Step 2: Verify your Account
The website will verify the data you’ve given to us after you’ve input all of these facts. The platform will send you a message to the email address you entered on the website after properly verifying this information. You must click the verification link in this email to verify your email address. You are now prepared to go to the next phase.
Step 3: Make a Deposit
After your account has been successfully validated, you must fund it with a minimum of $250. The funds you add to your trading account and use to place trades are included in this deposit. We’ll direct you to a secure page where you must enter your banking information to deposit the monies in order to complete this payment. In order to accommodate users who lack the financial resources to invest substantial quantities of money, BitQL has made it feasible for traders to deposit a minimum of $250. Traders who already have this cash at their disposal can increase the amount they have in their BitQL trading account. There are no deposit restrictions for BitQL trading accounts, so you can fund them as much as your resources will allow. Once this deposit has been successfully added to your trading account, you can move on to the last step of creating a BitQL trading account.
Step4: Monitor Trading Bot
Right now, you can utilise the demo account for the BitQL trading platform. To guarantee that new users finish the registration process and gain access to all of the website’s services, including the demo account, this step is included in the registration procedure. It also helps new members quickly understand the cryptocurrency market. Additionally, you can put the platform and software to the test to observe how quickly and effectively they handle transactions. It’s important to remember that this step is optional. You won’t be held accountable if a deal loses money, but you will receive useful experience for subsequent trades.
The last step in creating a BitQL account is setting your trading parameters, which will ultimately serve as your trading rules. This step of the registration procedure cannot be rushed. In order to assist you to comprehend market conditions and interpreting them to make wise trading decisions, BitQL has produced a beginner’s guide. When you’re ready to start trading, click the “Start Trading” button. The system then turns on and guides you into a real trading session. Professional traders who conduct their transactions manually will begin executing their trading plans. When these trading criteria are satisfied, the trading bot system subsequently places trades on your behalf.
BitQL 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 BitQL?
BitQL advertises that its customers can become billionaires quickly. This is a marketing tactic, of that we are certain. Profits are influenced by a number of variables, including market experience and invested capital.
Although we cannot guarantee the legitimacy of these claims, the vast majority of traders who have tried them seem to be delighted with the results.
The cryptocurrency trading platform has features that have been specifically enhanced to increase the revenues of all consumers, according to claims made on the BitQL official website. BitQL has a high-profit margin.
The company claims that if you deposit $250, you can make up to $60 a day. We were unable to verify this. Just keep in mind that there can be market swings and that you might not make money on every trade.
The team evaluating the performance of their cryptocurrency trading platform also found that an average investor using the system with a $250 minimum investment might make a sizeable return. Investors should benefit from any profitable automated crypto trading method that the BitQL design team may have developed.
Tips for new traders
- Begin with a practise account.
- Try out your tactics
- Avoid trading on weekends, holidays, and after business hours.
- Do not invest more money than you can lose.
- Before taking up new positions, wait for a pullback.
- Find the top brokers and exchanges that meet your needs and tastes for trading.
- Check to see if there are effective security measures in place.
- Finally, study the company’s standing among traders or online as well as any potential hazards involved.
Has BitQL Been Endorsed by Celebrities?
Dragons Den – Peter Jones, Deborah Meaden
BitQL claims that it was endorsed by Dragons Den, however, upon conducting research, our team could not find any evidence to back this up.
Elon Musk
BitQL claims that it was endorsed by Elon Musk, however, upon conducting research, our team could not find any evidence to back this up.
Jeremy Clarkson
BitQL claims that it was endorsed by Jeremey Clarkson, however, upon conducting research, our team could not find any evidence to back this up.
Holly Marie Willoughby
BitQL claims that it was endorsed by Holly Marie Willoughby, however, upon conducting research, our team could not find any evidence to back this up.
Idris Elba
BitQL claims that it was endorsed by Idris Elba, however, upon conducting research, our team could not find any evidence to back this up.
Ant McPartlin
BitQL claims that it was endorsed by Ant McPartlin, however, upon conducting research, our team could not find any evidence to back this up.
Nicole Kidman
BitQL claims that it was endorsed by Nicole Kidman, however, upon conducting research, our team could not find any evidence to back this up.
Trevor Noah
BitQL claims that it was endorsed by Trevor Noah, however, upon conducting research, our team could not find any evidence to back this up.
Gordon Ramsey
BitQL claims that it was endorsed by Gordon Ramsey, however, upon conducting research, our team could not find any evidence to back this up.
Is It Possible to Withdraw Earnings?
Your bank information will be required to complete an application for the withdrawal process before your winnings are put into the specified account. There are no limitations, and you may even decide to get paid everyday if that fits you better.
Please be aware that you may regularly be asked to provide proof of your name and address when withdrawing funds in order for the broker to abide by rules intended to prevent money laundering.
What are the fees for BitQL?
Once you’ve made your initial deposit, you can use the site to trade for free. Depending on a number of variables, including the investor’s location, fees may change, but all profitable forum transactions are subject to a charge of up to 2%. BitQL won’t charge you anything in the event that your company fails.
FAQs
You must first gather facts based on investor testimonies before making definitive claims regarding a company’s authenticity. Customers who performed a comprehensive online search gave BitQL a rating of 4.3 out of 5. Is BitQL a scam? NO! Because it gives users access to a fully automated bitcoin trading robot, the platform functions as promised. In the past, BitQL has shown that it is dedicated to serving the demands of traders. The platform is certainly safe and secure, even though not all traders will find it useful.
Financial instruments usually carry a high level of risk as well as numerous opportunities. To decide how much to invest and trade, it is essential to be informed on market trends and breaking news throughout the world. BitQL was developed with a sensible risk management approach in mind, guaranteeing traders a sizable profit. Although BitQL has a history of giving its consumers substantial gains, there is no chance of losing money. Users should establish their account risk tolerance—that is, the maximum amount they are willing to lose—ahead of time.
All logged-in users have access to a BitQL Demo account. This function aids new users in better comprehending the operation of the bitcoin market and following its development. Additionally, you can discover how to employ risk management to monitor the accomplishment of your transaction. You’ll be able to come up with a plan that increases your winning percentage while decreasing your losses. This approach is used by seasoned traders to assess a recently developed but unproven technique. You can evaluate the strategy’s long-term profitability using the demo version.