Bitcoin Oracle AI Review 2023 – Is it a Legit Trading Platform?
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Bitcoin Oracle AI touts itself as a machine learning (ML) driven crypto asset trading platform. The platform supposedly analyses terabytes of data to build powerful trading insights. Users reportedly generate high-quality trades from these insights.
Bitcoin Oracle AI claims that it outperforms all the other crypto trading options out there. It also claims to make crypto speculation completely easy for newbies. The platform also claims to work under tier-one regulated brokers. This ranks it among the safest crypto speculation platforms out there.
But is Bitcoin Oracle AI a scam or a safe trading platform? Our experts have investigated this AI trading system and shared their feedback in this post.
Table of Contents
Bitcoin Oracle AI – Introduction
Our research team has conducted in-depth research on the areas that determine the legitimacy of a platform. We’ve also explained the concept behind Bitcoin Oracle AIand answered the pertinent questions asked by its potential users.
We will provide comprehensive answers on each of the areas and summarise all the findings at the end of the review. Also at the end of this post is an extensive FAQs section.
Our team has done its best to provide factual information. However, our findings shouldn’t be mistaken as an endorsement or financial advice. You should take full liability for all your investment choices.
As explained in the intro, Bitcoin Oracle AI provides tools that enable the trader to analyze terabytes of data for insights.
This approach is known as data-driven trading and it involves an in-depth analysis of relevant big data for trading insights. The trader generates trading signals from the insights achieved through big data analysis.
Decisions that are driven by big data tend to be highly accurate. The signals generated by Bitcoin Oracle AI are, therefore, superior. Data-driven trading is only effective when implemented at high speeds. This is because the crypto markets change very fast.
Failure to trade at high speeds leads to many missed opportunities. It can also lead to negative slippage if the order is delayed and executed at a worse-off price. Bitcoin Oracle AI claims to use its AI algorithms to ensure high-speed trading.
How to trade with Bitcoin Oracle AI
Bitcoin Oracle AI makes crypto trading easy for newbies. This is because its AI algorithms automate some of the crypto CFDs trading functions.
As stated earlier, we couldn’t verify the trading functions automated by this platform. However, the platform has a great reputation and is, therefore, likely everything it claims to be.
Bitcoin Oracle AI users claim that it only takes four simple steps to get started with the platform. No experience is required to run the Bitcoin Oracle AI software. However, traders must be ready to follow its instructions to the letter to generate positive results. The steps to follow to use Bitcoin Oracle AI are explained below.
Register a free account
It will only take a few minutes to complete this step. Visit the Bitcoin Oracle AI website here and fill out the signup form. You are instantly taken to the password creation page after filling out the form.
Create the password as required and complete a contact details verification process as prompted. Bitcoin Oracle AI matches you with a local CFDs broker on signup.
Verify the account with a broker
The broker is strictly regulated and adherent to global anti-money laundering laws. These laws stipulate that all deposit-taking institutions must subject all their clients to a Know Your Customer (KYC) process.
The process involves the client uploading the proof of identity. Take a photo of your ID or driving license and upload it as required. The broker may take a couple of hours to process the document but you don’t have to wait. You can proceed with the other steps as the verification happens.
Fund the account with a minimum of USD 250
The underlying broker has a minimum trading capital requirement of USD 250. You must deposit the minimum to access the trading area.
The broker offers various deposit options including debit/credit cards, wire transfers, e-wallets, and bitcoin. Select your payment method of choice and complete the deposit process. The deposit process is described as self-explanatory. Your billing information is safe with the broker.
Trade on the demo platform
Bitcoin Oracle AI comes with a demo to help users master its functions without risking their trading capital.
Some reviewers describe the provided demo platform as a perfect simulation of the live platform. Users are, therefore, likely to hit the homerun on the live account if they have familiarized themselves with the demo.
Accompanying the Bitcoin Oracle AI demo account are tutorials to help users master all the trading functions.
Start a live session
Everything in this step is easy if you have taken enough time to prepare. Bitcoin Oracle AI reportedly does most of the crypto speculation functions on autopilot. This explains why it’s said to be quite easy to use.
Newbie traders can speculate on up to 600 crypto pairs using this platform. They can reportedly profit from the platform from day one of trading. But as explained earlier, trading with Bitcoin Oracle AI is quite risky.
Users are encouraged to thoroughly evaluate their risk appetite and avoid trading with more than they can afford to lose.
The reviewers conclude that this AI trading system is the perfect bet for beginner traders. This is because Bitcoin Oracle AI automates most of the technical trading inputs. We couldn’t verify if it’s a fully or partially automated trading platform.
But the platform is undoubtedly popular with beginners and experienced traders. Many beginners claim that it has helped them achieve success from the first day. We couldn’t verify if this is true and how it achieves that.
The experts claim that it allows them to control while refining their trading decisions. We were also not able to verify how it helps expert traders achieve their goals. Bitcoin Oracle AI also boasts of being the best resource for Bitcoin trading education.
Its trading courses are reportedly the best in the market. It also claims to offer a news portal to keep users updated on the latest market developments. The portal is accompanied by a blog with market commentaries.
Some reviewers allege that the commentaries are spot on and very helpful in making trading decisions.
Bitcoin Oracle AI Features
This crypto trading platform is said to come with some amazing features. These features make it stand out from the competition. Listed below are the top 6 features that make Bitcoin Oracle AI worth considering.
AI-driven trading algorithms
Powerful risk management tools
Multiple trading platforms
Fast order execution
Well-structured educational materials
As stated in the intro, every conclusion made in this post is informed by the feedback shared by other reviewers.
The features listed above were, therefore, arrived at after studying these posts. We can’t confirm with 100% certainty if these features are accurate. Let’s elaborate on each of these features below.
Artificial Intelligence (AI) technologies equip machines with human capabilities. An AI-driven trading system is a computer program that performs the functions of a trader on autopilot.
The computer program mimics the intelligence of the best traders to deliver the best trading results. Some AI-driven trading systems borrow the intelligence of popular AI inventions such as ChatGPT and GoogleBard.
Bitcoin Oracle AI is reportedly powered by such algorithms. We couldn’t determine how the platform uses these algorithms to trade. But it’s a performer since it has an amazing reputation.
Many people assume that Bitcoin Oracle AI only trades Bitcoin. But our investigation reveals that it trades up to 600 crypto pairs.
Each of these pairs has a crypto as a bid or quote currency. Bitcoin Oracle AI partners with brokers to allow users to access these pairs. It claims to work with brokers with the largest product offerings.
All the crypto pairs are offered in the form of a derivative known as a CFD. The platform claims that traders shouldn’t worry about the technicalities of trading since it does the heavy lifting on their behalf.
Powerful Risk Management tools
Risk management is all about minimising potential losses without sacrificing potential profitability.
You don’t know how to trade if you can’t manage trading risk. Risk management is quite complicated when implemented manually. But it becomes easy when AI tools are applied. Bitcoin Oracle AI alleges that it provides the most advanced AI-driven risk management tools.
These tools are also user-friendly with beginners finding them quite easy to apply. There is scanty information on how the Bitcoin Oracle AI tools manage trading risk.
Multiple Trading Platforms
Bitcoin Oracle AI claims that it allows trades to bet on their favourite digital currencies straight from their phones.
It comes with a smartphone app that works on all mobile operating systems. Traders must be fully registered to access the Bitcoin Oracle AI app download link. The platform also provides a desktop app for Windows, MAC, and Linux. This app is also available after signup.
Traders who don’t want to install apps on their devices can use its web trader. The web trader is built for all browsers. However, you should use Chrome, Brave, Safari, and Mozilla for safety reasons.
Fast order execution
The speed at which orders are implemented greatly impacts the trading outcome. High-speed order execution ensures that all the trading opportunities that are present are capitalized upon.
Bitcoin Oracle AI ensures instant order execution. It claims that its algorithms analyze big data at high speeds and delivers the signals to a broker with quality liquidity. The quality liquidity ensures that all orders execute instantly. Bitcoin Oracle AI only trades crypto pairs with enough liquidity.
In-depth educational materials
You must be ready to master the basics to succeed with any trading platform. Bitcoin Oracle AI claims to help users master the basics within hours.
It claims to provide in-depth courses covering everything that a trader should know before getting started. Also provided under this platform is a newsfeed that is reportedly updated after every hour.
The news feed also comes with a blog providing commentaries on the latest market events. Traders describe the commentaries as spot-on.
Is Bitcoin Oracle AI a scam?
Bitcoin Oracle AI is reviewed as a trustworthy Bitcoin trading platform. The experts identify the following as the justifications for its legitimacy.
Quality partner brokers
Doesn’t charge upfront fees
No complaints about withdrawals
Only a legitimate platform has a perfect score in the areas listed above. Bitcoin Oracle AI’s trustworthiness is evident in its disclosures. Its partnership with regulated brokers also shows its commitment to transparency.
The popularity of Bitcoin Oracle AI also signifies that it’s useful. Only a genuine platform can attract such superb feedback. Users are happy with its performers and describe it as a newbie-friendly platform.
Advantages of Bitcoin Oracle AI
Bitcoin Oracle AI has many advantages over other trading platforms. Our investigation reveals that it beats competition in many areas.
Some of the reviewers claim that it has a history of outperforming professional crypto traders. We’ve summarised the advantages of Bitcoin Oracle AI below.
Easy to use for beginners
Supports mobile trading
Free deposits and withdrawals
No hidden charges
Secure trading environment
Trustworthy partner brokers
There is no reason why you shouldn’t give Bitcoin Oracle AI a try. However, don’t put all your savings in one investment since there is a risk of losing the entire investment. The risk of losses is particularly higher in fast-paced trading.
This review presents the unbiased findings of expert investors. However, we aren’t financial advisors and therefore we can’t be held liable for actions taken through this platform. Do your research before trading or investing.
Is Bitcoin Oracle AI legit? The Verdict
Bitcoin Oracle AI appears trustworthy and could be a great performer as many of its reviewers claim. As stated earlier, this AI-driven crypto trading platform is among the most popular in 2023.
It seems more popular in European and Asian countries even though it’s available on nearly all continents. Bitcoin Oracle AI claims that it’s accessible in 120+ countries globally.
But it offers limited signup slots with only a few users managing to secure an account. Bitcoin Oracle AI operates under high-quality CFDs brokers offering a wide range of tradable instruments.
All the instruments traded under the platform include crypto as the base or quote currency. This platform was originally founded to trade bitcoin CFDs but it recently started offering CFDs on other cryptos.
Bitcoin Oracle AI has a history of superior performance but this doesn’t imply that it’s risk-free. Users must always take extra precautions since all crypto trading involves high risk.
Yes! The reviewers claim that it's quite easy to withdraw funds from the Bitcoin Oracle AI platform. Withdrawals reportedly take up to 48 hours. But users may be able to withdraw instantly if they use the same method they used to deposit.
Does Bitcoin Oracle AI charge signup fees?
Bitcoin Oracle AI claims that it offers all its registration slots for free. But these slots are hard to come by given that it only accepts 1% of the over a thousand signup requests sent daily. This platform reportedly takes a commission on profitable trades.
Can I use Bitcoin Oracle AI on my smartphone?
Bitcoin Oracle AI is a multi-device trading program supporting web, desktop, and mobile trading. Its mobile trading app is reviewed as highly intuitive and compatible with Android and iOS devices. The Bitcoin Oracle AI app download link is accessible after registration.
Is Bitcoin Oracle AI good for a beginner?
Beginner traders have a lot to gain from Bitcoin Oracle AI if its reviews are anything to go by. This platform is reviewed as quite easy to operate. Users only need to watch the tutorials on its resources page to get started. The tutorials are quite easy to understand.