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The number of automated cryptocurrency platforms in the market is at an all-time high. Every day, more and more trading robots are released to meet the growing demands of investors looking for simpler and more efficient ways to trade. One such platform that traders are turning to is Bitcoin Dynamit. The developers advertised it as an AI-powered bot that can profitably trade bitcoin and other cryptocurrencies with minimal human input.

Is Bitcoin Dynamit legit and profitable? Is this bot a reliable trading tool for crypto beginners looking to earn passive income and grow their wealth? This Bitcoin Dynamit review 2024 will answer these questions and give you an overview of everything you need to know about this popular platform. You will discover how the Bitcoin Dynamit software works, its pros and cons, and how to sign up on the platform. 

We believe that by the time you are done reading this review, you will have all the information needed to decide whether to invest in this bot or not. Let’s start by explaining what this automated trading tool is and what it does. 

What is Bitcoin Dynamit?

Bitcoin Dynamit

According to the information on Bitcoin Dynamit’s website, it is a platform developed to allow more people to enter the crypto market, regardless of their trading experience or knowledge. Using AI, machine learning, and other advanced analytics tools, the software trades on behalf of its users and helps them make passive income. The founders claimed that users of Bitcoin Dynamit can earn steady profits from cryptos without spending their time analyzing charts, predicting future price movements, or making trade orders.  

Aside from assisting investors in trading, the platform features several tools and resources to help you make the most of your cryptocurrency investments. When we reviewed the website, we found guides on how to use the different tools on the platform, analyze charts, set trading strategies, and more. We believe the platform has enough information for all levels of traders, including beginners with no experience, to get started effortlessly.

At the moment, the Bitcoin Dynamit trading platform is free for all. You can create an account on the website without paying a dollar. However, to start trading cryptos or accessing the tools on the platform, you have to deposit a minimum of $250. Aside from this minimum trading capital requirement, we didn’t uncover any fees during our review of the platform. 

Type of Trading Cryptocurrency
Supported cryptos BTC, XRP, ETH, LTC, and more
Registration fee None
Withdrawal and deposit fees None
Minimum trading capital $250
Success rate  Unspecified
Mobile app None (But accessible through mobile browsers 

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How does Bitcoin Dynamit work?

Bitcoin Dynamit for Crypto

The developers of the Bitcoin Dynamit app advertised it as a cutting-edge platform to help traders, especially beginners, to effortlessly navigate the cryptocurrency world and earn passive income. Incorporating technologies like artificial intelligence and advanced algorithms, Bitcoin Dynamit can decrypt crypto information from multiple sources worldwide to spot opportunities for profitable trades and execute them. This way, the software helps users make profits all year round, regardless of whether the crypto market is bullish or bearish.

To use Bitcoin Dynamit, you must first register on the platform and deposit the minimum trading capital. Once done, the platform allows you to choose whether to trade manually or prefer its bots to work for you. With the former, you execute trades yourself as you would do on other trading platforms. However, if you choose the latter, the software will do the trading for you. Bitcoin Dynamit also has features allowing users to customize their trading preferences. For example, users can set their risk level and margin trading options.

The trading robot works 24/7. Unlike human traders that get tired, the Bitcoin Dynamit software works non-stop. You can use the robot to trade anytime you like. Another essential thing to note is that the company works with licensed brokers to keep the platform running smoothly. These brokers also provide customer support. You can reach out to them anytime you have issues trading or performing other tasks on the platform. 

How to create an account on Bitcoin Dynamit

Bitcoin Dynamit Create an Account

Below are steps to follow if you decide to register on Bitcoin Dynamit after reading this review and conducting your research. As mentioned earlier, the platform is straightforward, so completing the steps below will be hassle-free for most people. Further, you can register and start trading in less than fifteen minutes. Here are steps to get started on the platform:

  • STEP 1: Register

Like other auto traders, the first step to becoming a user is to create an account on the platform. Follow the steps below to register.

  • STEP 2: Go to the official website of Bitcoin Dynamit
  • STEP 3: You will find the registration form on the top section of the home page. Complete this form by inputting your name, email address, and phone number in the required section.
  • STEP 4: Once done, submit the registration form by clicking the “Register Now” button.
  • STEP 5: Set a secure password you can remember easily. 

Please note that the site sometimes requires users to verify their information by uploading documents like a primary identity card and a utility bill. So we recommend submitting only correct information to avoid issues if asked to undergo the verification process. 

  • STEP 6: Deposit trading capital

After completing the registration and verification process, you can proceed by depositing into your trading account. The minimum a new user can deposit on the platform is $250. You can make this payment with fiat or digital assets. If you choose fiat, some payment methods you can use include credit or debit cards, bank transfers, or electronic wallets such as PayPal. 

Users can also fund their trading accounts by transferring cryptocurrencies from their wallets to the platform’s wallet. If it is your first time using an auto trader, we recommend starting with the minimum trading capital. You can increase your capital once you start making consistent profits.

  • STEP 7: Learn with demo trading feature

Bitcoin Dynamit has a demo trading account that operates like the live trading version. The only difference is that you don’t use real money on the demo account. In other words, you learn the ropes without risking your hard-earned money. Although this step is optional, we advise that you don’t skip it if you are an experienced trader.

Another good thing about demo trading is it allows you to acquaint yourself with the features and tools on the site. You can explore how each tool works and test different trading parameters. We recommend trading with real money only after you have mastered how the trading bot works. 

  • STEP 7: Trade cryptos live

After completing the steps below, the final thing to do is to hit the ‘Live Trading’ button. This action will open up a window for you to set your trading parameters, including the cryptos you want to trade, amount, risk level, and more. Once done, the auto trader will start trading on your behalf. 

At the end of each section, the bot will move your capital and profits back to your account. Once you receive the funds, you can trade with them again or withdraw them to your wallet or bank. From our experience, you will get the funds instantly if you withdraw to a crypto wallet. If you withdraw to your bank, you will get it within 24 hours.

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Pros and cons of Bitcoin Dynamit

new trading robot 2023

Our experts compiled the pros and cons of investing in this trading robot to further guide you in making an informed decision. Please read this section carefully before deciding whether Bitcoin Dynamit is the way to go. 

Pros of Bitcoin Dynamit

Requires zero trading experience

Traders of all experience levels can trade with Bitcoin Dynamit effortlessly. As an auto trader, it removes the need to spend months learning crypto trading or sit in front of your PC for several hours daily to make orders. Further, it is simple to navigate even though it has several robust features. In addition, the site has several guides to help you get started on the right foot. 

 High Success rate

Though the founders didn’t mention the trading bot’s success rate, we believe it is around 80%  – 90%. Most of the orders the software opened for us were profitable. We made profits all through the time spent reviewing the Bitcoin Dynamit trading software. 

 Supports multiple cryptos

Bitcoin Dynamit is one of the few trading bots that does not restrict users to a few cryptocurrencies. With this software, you can trade Bitcoin, Ethereum, Litecoin, Dogecoin, Bitcoin Cash, Binance Coin, Ripple, and more.  

 Demo account 

Bitcoin Dynamit comes with a demo account that allows you to learn how to trade and find your way around the platform without risking your hard-earned money. So even if you are a newbie, you can leverage Bitcoin Dynamit to master crypto trading.

Zero fees and commissions

Bitcoin Dynamit offers free registration for all categories of users. Furthermore, the company does not charge users fees when they deposit or withdraw funds from the platform. In addition, the founders claim they don’t charge commissions on trades. Our experts weren’t charged fees or commissions when they used the trading bot. 

 Multiple payment methods

Another advantage of trading with Bitcoin Dynamit is its multiple payment methods. You are sure to find a banking option that’s convenient for you on the platform. Some payment methods available on the site are credit cards, debit cards, bank transfers, electronic wallets, and cryptocurrencies. 

Fast deposit and withdrawals

You can expect fast deposits and withdrawals when using the Bitcoin Dynamit robot. When you deposit to the platform, it will show in your account within a few hours, and you can start trading with the fund immediately. Likewise, withdrawals from Bitcoin Dynamit are almost instant. We got the fund in our bank account within hours when we withdrew it from our trading account. 

24/7 Customer support

Bitcoin Dynamit’s customer support team works round the clock to help users resolve issues and answer questions. You can contact the company’s representatives anytime, any day, including on weekends and holidays. 

Cons of Bitcoin Dynamit

Anonymous owners

Throughout our research, we found no information about Bitcoin Dynamit’s founders or development team. So there is likely no one to hold responsible if things go south. However, not sharing founders’ info is a common trend with auto traders – so we were not taken by surprise.  

 Exclusive customer support

Another thing we don’t like about Bitcoin Dynamit is that potential investors not registered on the platform can’t contact the customer support team. You have to be a user before you can send a message to their representatives. 

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Is Bitcoin Dynamit legit or a scam?

After thoroughly scrutinizing Bitcoin Dynamit, our cryptocurrency experts believe the platform is legit. We didn’t discover anything to suggest that the trading robot is a sham designed to rip users off their hard-earned money. Through our firsthand experience on the website, we confirmed that the claims made by the founders are genuine. We created an account on Bitcoin Dynamit, traded with the AI-aided bots, and made some money. 

While we believe beginners and seasoned crypto investors can make money using Bitcoin Dynamit, we like you to know that trading robots are not money-printing machines. Although these tools can support you in trading on the cryptocurrency market and earning steady profits, they will unlikely make you a millionaire overnight. Moreso, there is a slight chance you can lose the amount you invested in trading robots. Thus, we recommend investing with caution when using the Bitcoin Dynamit automated trading platform and other auto traders. 

Let’s share some of the things we uncovered during our research. First, we confirmed that registering on the site is free, and no deposit and withdrawal fees are charged. Second, our experts ascertained that the bots are effective in trading profitably. We made hundreds of dollars in each trading session on the platform. Third, Bitcoin Dynamit is a beginner-friendly auto trader. You would be able to use the software so far you can operate a smartphone. Further, there are no restrictions on withdrawals. You can get your investment out of the platform anytime you like. 

Frequently asked questions about Bitcoin Dynamit

Is Bitcoin Dynamit legit or a scam?

Our cryptocurrency experts confirmed that the Bitcoin Dynamit bot works effectively, as claimed by its founders. The auto trader is legit, profitable, and not a scam. We believe users can earn at least hundreds of dollars daily by investing in Bitcoin Dynamit. However, as mentioned earlier, Bitcoin Dynamit is not a money-printing machine that can turn you into a millionaire overnight. So invest in it with reasonable expectations. 

Is investing in Bitcoin Dynamit risky?

The cryptocurrency market is highly volatile, so investing in cryptos is risky regardless of the tools you are using. Hence, we always advise our readers only to invest an amount they can afford to lose. Always remember that trading robots don’t come with guarantees.

Who owns Bitcoin Dynamit

The founders of Bitcoin Dynamit are anonymous. We didn’t find any information about the brains behind the project.

Is Elon Musk affiliated with Bitcoin Dynamit

We didn’t uncover reliable information suggesting that Elon Musk, Twitter’s CEO, or other celebrities are affiliated with Bitcoin Dynamit. We believe the claims about Bitcoin Dynamit being owned by some celebrities are false. 

Does Bitcoin Dynamit have a mobile app?

Bitcoin Dynamit does not have a mobile app you can download and install on your phone. However, you can access the platform with your mobile browsers.