Bitcoin Prime Review 2023: Is it a Safe Trading Platform?
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With cryptocurrency and blockchain technology being the future of the financial world, numerous automated crypto trading platforms have been springing up recently. Besides the rise in crypto interest worldwide, it is observed that there is increased popularity of trading robots in the past few years. With several crypto trading platforms out there, it is not easy to find which one is legitimate. Though most of this software are fraudulent sites, you will also come across some reputable trading platforms.
Bitcoin Prime is one such reliable automated crypto trading platform that works smartly to help investors gain daily income from the crypto market. Due to the volatility of the crypto market, Bitcoin enthusiasts, investors, and trading experts are now using this volatility to generate large amounts of earnings.
Furthermore, this bot allows brokers and crypto traders to trade using digital currencies within seconds to gain massive profits. Read on our Bitcoin Prime review to find out whether it is a legit crypto trading platform or not.
Table of Contents
Bitcoin Prime: The Introduction
Bitcoin Prime is an automated trading platform that uses machine learning and AI algorithms to predict market fluctuations and execute trade accordingly. Investors must register and deposit a minimal trading amount to take part in the live trades. The software executes a trade at a lighting speed to take advantage of even the slightest market fluctuations.
One of the leading trading bots provides convenient and free crypto trading to both seasoned and novice traders. This bot also links these traders with the top regulated crypto brokers in the industry. The brokers provide high leverage to amplify the small trades, which is one contributing factor to generating higher returns.
By investing a low initial deposit, this bot allows crypto traders to generate passive income while trading in the crypto market. In Bitcoin Prime, the deposit invested by the traders remains as their property, which they can withdraw along with their earnings after completing a live trade.
Moreover, the developers have revealed information that claims Bitcoin Prime is a registered auto trader for cryptos. This is a huge relief for investors as it is always safe to trade with registered trading bots. The credibility of the software makes it comfortable for users to invest their hard-earned money. Also, Bitcoin Prime adheres to the Securities Commission’s regulations that guide the crypto trading market.
Minimum deposit: $250 (€220)
Success rate: up to 95%, based on advanced trading signals
Trading: AI-based crypto trading toolSecurity level: high (regulated brokers and SSL encryption)
Steve McKay, a former Wall Street trader, is claimed to be the mastermind behind creating the Bitcoin Prime software.
With more than 10 years of trading experience in many major financial institutions, McKay optimized the AI algorithms behind the app that enables users to invest in cryptos. The AI algorithm and machine learning use innovative strategies mostly used by financial institutions to generate massive profits.
When Bitcoin Prime was initially launched in 2015, it remained in the beta testing phase for many months. After the huge success of the trading system across the globe, the final consumer version was launched to help investors generate passive income and gain financial independence.
How To Register And Set Up A Bitcoin Prime Trading Account?
Bitcoin Prime is an automated trading software accessible in most countries that support the fast-paced crypto trading derivatives. This trading robot is available in countries across Europe, North America, Asia, Africa, and South America.
Thanks to the numerous crypto traders who have shown interest in using the Bitcoin Prime trading system, it has increased in popularity recently. To access Bitcoin Prime as a legit crypto trader, users must create a free trading account on their official website. The completely free and impressive registration procedure won’t take more than a few minutes to complete. To start trading with this automated trading robot today, follow the steps mentioned below:
1. Free Bitcoin Prime Account Registration:
Log onto the Bitcoin Prime website to open a free trading account. You will have to complete a sign-up form available on the top right-hand corner of the screen for the registration process. Here you will have to provide your name, email address, country of residence, and contact number. Next, accept the terms and conditions at the end of the page to submit the form.
Once you complete the sign-up procedure, the system will proceed to verify your personal information and identity. For this, the software will link you with a locally regulated broker. Based on website claims and user testimonials, it can be assured that Bitcoin Prime adheres to strict policies and regulations to manage all the user’s information with the utmost confidentiality.
2. Trading With The Demo Bitcoin Prime Account:
Bitcoin Prime has a demo trading account feature, mainly for inexperienced and new investors. In order to familiarize with how the trading bot operates, the automated trading bot enables users to conduct trades for free.
The demo trading feature is similar to the live trading platform but does not deal with real money. By using a virtual amount of €5000, you get to experience the crypto trading process, understand how their live trading works, and measure the efficiency of the software.
3. Deposit A Minimum Trading Capital
To get started, you need to initially deposit a minimum amount of $250 into your Bitcoin Prime trading wallet. Those who wish to execute large volumes of trade can invest more funds into the account. Though this software is less risky than the manual trading platforms, it is advisable to invest modestly to avoid magnifying the risks related to the initial investment.
It’s safer to invest smartly when it comes to beginners who do not have prior experience in trading with digital currency. Users can fund their Bitcoin Prime wallet using bank transfers and credit cards such as Maestro, MasterCard, or Visa.
New users concerned about their personal details and credit card security need not worry. This bot complies with GDPR and uses SSL licenses to back up the transfers made.
4. Start Live Trading:
Once you have deposited the initial funds in your trading account, you can start trading in the live crypto market. This is where the trader gets to make profits by executing successful trades in the market.
For live trading, the Bitcoin Prime trading platform analyzes the market fluctuations, detects the best possible deals, and executes the transactions using your initial deposit. Due to the auto robot functionality, very little manual input is required from the traders’ end.
The trading software caters to serve both professional and beginner traders. New traders are advised to establish trading limits to minimize the risk of losses while trading. For more assistance, your regulated broker will help you configure your account settings by deciding when to open and close your live trading session or fixing a stop-loss limit.
The creators of Bitcoin Prime have designed the app to have a beginner-friendly user interface. In addition to this, it does not consume much time to register and use the software. It won’t take more than 20 to 30 minutes in a day to adjust your trade settings and open and close your live trading sessions.
The system works by combining the smart algorithm, detection tools, and trading bot to enhance the performance of the software. Once activated, it scans the entire crypto market and signals the best lead at a specific point in time. The profitable deals in the market are leveraged by the software to execute trades and generate maximum profits. The trading process is repeated until the account holder ends the live trading session when the transaction is complete.
Due to the software’s innovative algorithm, it can identify the right moment to trade using cryptos. Moreover, it scans the entire crypto trading market and shows only the deals that yield the biggest bargains, thereby reducing the chance of losing your hard-earned money.
It is not easy for even experienced traders to make smart and quick decisions with the sudden fluctuations in the crypto market, as each live trade cycle is not the same as the ones before. By using Bitcoin Prime, you need not worry about these fluctuations, as the bot can predict the movements with accuracy to provide the best market signals to execute the trade.
Why Trade Cryptos Using Bitcoin Prime?
The main reason you should trade using Bitcoin Prime is the exceptional benefits it offers to users after making a trade. Here are some of the benefits you get to enjoy with Bitcoin Prime.
Demo Account Trading
The demo mode allows beginners to make trades and understand the different types of trading mechanisms before they start investing and funding their trading account. In this manner, investors get to familiarize themselves with the trading bot and practice trading strategies without risking their money.
This feature also helps protect beginner traders from investing huge amounts of money into the live trading market that they are not familiar with or completely sure about.
We give Bitcoin Prime a five-star in this aspect. The website is user-friendly, and we believe beginners in the crypto world will find it super easy to use. Unlike some other auto traders that are complex to use, Bitcoin Prime is pretty straightforward. You don’t need to be a computer expert or have in-depth crypto knowledge to start using the automated crypto trading platform.
Additionally, creating an account of the platform is easy. You can complete the registration process, including depositing the required minimum trading capital to your Bitcoin Prime account in less than ten minutes. Furthermore, the platform offers users multiple payment methods, so you are not restricted to one banking option.
Accepts varieties of cryptocurrency
Bitcoin Prime is one of the few legit auto trading systems that allow you to trade Bitcoin and other popular cryptocurrencies like Litecoin, IOTA, EDS, NED, Bitcoin, Ethereum Classic, Binance Coin, Cardano, Ripple, Ethereum, Zcash, Bitcoin Gold, and more.
This means you can diversify your portfolio by investing in Bitcoin Prime. You can invest in multiple cryptocurrencies and some FX instruments and enjoy multiple income streams. Likewise, this diversification will help you reduce your risk since you won’t be putting all your eggs in one basket.
100% Automated trading
The Bitcoin Prime trading system allows you to sit back and watch its algorithm go to work for you. The system is 100% automated; this means it scans the cryptocurrency market for you, studies charts and trends, and executes profitable trades on your behalf. With Bitcoin Prime, you don’t need to be a cryptocurrency trading guru before you can trade coins profitably, grow your wealth, and attain financial freedom. However, this does not mean there is no risk involved when investing in Bitcoin Prime. Though minimal, there is still a chance that you can lose your money.
One of the main reasons Bitcoin Prime stands out in the crypto market is its unrivaled transaction processing time. Unlike some auto traders that take forever to withdraw your fund from their platform, you can get both your profit and capital out of Bitcoin Prime in as little as twenty-four (24) hours. In addition, the process of depositing and withdrawing funds on the website is simple.
Quick Verification System
A licensed crypto trading software conducts a straightforward verification process on all its users. Bitcoin Prime does the same, indicating this trading boat is legitimate. To log in and register with Bitcoin Prime, you’ll have to provide your basic information such as your name, country of residence, and email address. For security reasons, the auto trader will verify your identity to ensure that your personal information and funds remain secure.
The entire process won’t take more than half an hour, and you’re all set to execute trades in no time. In addition to incorporating a simple verification process, the system has been uniquely designed to deliver a seamless and hassle-free experience to the investors.
Top-rated Affiliated Brokers
Bitcoin Prime partners with reputed and well-regulated brokers to guarantee the safety of your funds. With the inclusion of a wide range of experienced brokers, both seasoned professional and new traders get to choose affiliated brokers of their choice.
As these leading crypto brokers have a long-term reputation in the crypto market industry, they deliver powerful order execution systems to conduct instant trades. This helps in reducing the risk of losses and enhances performance.
Furthermore, the trading bot assigns a specific trading broker for each individual account to execute investment strategies on behalf of the user. They also take care of the regulated compliances to avoid losing the initial capital and earnings.
The software allows the users to withdraw their funds from the trading account anytime they want after conducting a successful trade. All you need to do is submit a withdrawal form, and your payout will be processed quickly. In less than 24 hours, the amount will be credited to your local bank account.
Low fees and Charges
While using most traditional crypto trading software, you will have come across numerous transactional charges such as withdrawal fees, commissions, charges for funds storage, and various other expenses. When it comes to being Bitcoin Prime, investors get to enjoy a completely free trading experience with zero charges and hidden costs involved.
Online Customer Service Support
In order to open an account and start trading with Bitcoin Prime, you do not require any support. But, if you happen to have any queries or face difficulties, the platform is equipped with highly responsive and effective customer care support that is available 24/7 to address your concerns.
Compared with the other traditional trading bots, Bitcoin Prime’s customer service is reliable and quick to respond. Also, it has an online broker that will guide you through the entire trading process. You get to interact with the live chat support team anytime, anywhere. Having a legal license, thus crypto trading platform is permitted to operate in more than 150 countries across the globe.
Besides, users have the privilege to choose the preferred language while getting in touch with the online support team. Though most crypto trading robots are involved directly with a third-party program, Bitcoin Prime does not use third-party participation.
How Can You Maximize Profits Using Bitcoins Prime?
By going through the user testimonials, you will understand that there is no limit to generating income using this trading robot. Some traders claim to have earned up to €2000 by successfully executing trades with Bitcoin Prime in the live trading sessions.
For those who cannot afford to invest large amounts of money, it’s advisable to start small and slowly increase your investments by using passive income as a source. In this way, investors can minimize the risks of losing their money. Here we have a few tips to help you earn securely and maximize success while trading on the Bitcoin Prime software.
1. Invest Small:
Most investors who are new to the crypto trading market take the plunge by putting all their funds into a single trade. This move is considered to be highly risky due to the high volatility of the crypto market. It is advisable to deposit only a minimum amount till you generate some earnings.
By investing the amount you can afford to lose, you don’t have to compromise on your financial wealth. Once you gain huge amounts of profit, you can reinvest a certain percentage of the earnings to conduct future trades. In addition to investing a minimal amount, take the time to learn the tricks of trading successfully in the crypto market.
2. Follow Crypto Trading Expert Advice:
If you happen to take crypto trading seriously, you will have to familiarize yourself with all the relevant cryptocurrency developments and their recent news. Subscribe to some of the major cryptocurrency blogs to gain insight into what trustworthy and incredible crypto analysts predict about the various cryptos. By relying on this advice and using your own insights, you will be able to come up with your own innovative investment strategies to attain a higher level of success.
Whether you happen to be an experienced or beginner trader, it is advisable to get the support of well-regulated and licensed brokers in the crypto space. The creators of the Bitcoin Prime trading robot acknowledge that this support is crucial to trade effectively in the cryptocurrency market. Hence, the automated trading bot has partnered with CySec licensed and experienced brokers to act as personal advisors for all their account holders.
3. Monitor Your Trading Account Closely:
One of the best ways for enthusiastic crypto traders to remain up-to-date is by regularly checking the Bitcoin Prime trading account. For traders who have full-time jobs and cannot spend more time monitoring their accounts can use the automated trading bot setting. All you have to do is spend a minimum of 20 minutes each day to open and close the live trading sessions
4. Withdraw The Profits Regularly:
While making your first trading profit is exciting, it is advisable to withdraw the amount into your local bank account as soon as possible. In this manner, you will be able to distinguish between your trading capital and the amount of profit earned. In case the trading platform stops operating, you will not lose out on the profits earned.
5. Save Your Profits:
It can be extremely tempting to invest all the profits back into the subsequent trade, especially when you consistently get successful trades. However, this is not a smart crypto trading technique. While trading with Bitcoin Prime, it is advisable to cultivate a habit of saving a certain percentage of your earnings.
For example, if the odds are not in your favour, you can save around 50 – 60% of the generated profit to avoid facing the high risk of losses. In this way, you will not lose all your earnings and will be able to increase your wealth and attain financial stability.
6. Maintain Record for Tax Purposes:
While trading in the crypto market, it is recommended for all investors and traders to maintain a record of the trades executed. When it comes to the Bitcoin Prime app, it includes the number of funds invested and the profits gained for taxable reasons.
This will help you to easily calculate how much passive income you have earned through Bitcoin Prime and calculate the amount of tax you need to pay to the local government. Different countries have different taxation laws for cryptocurrencies, and the tax policies vary from one region to another.
Bitcoin Prime uses advanced technology and complex algorithms to find the best price rates in the crypto market. You need not have any prior experience in trading using bitcoins and other cryptos. However, users must be familiar with the basics of cryptos and use the demo feature to understand how the trading bot works before trading in live sessions.
The best part of the Bitcoin Prime trading robot is that it supports Bitcoin and uses other cryptos for executing a trade. Since trading specialists designed this trading program to find the best deals in the market, it’s time-saving and generates more profit. The cutting-edge technology allows the automated trading system to function at a rate of 0.01 seconds, which is much faster than its counterparts. With just a minimum deposit of $250, you can start trading using this legitimate platform.
Though most crypto trading bots are subject to skepticism for their performance, this does not apply to Bitcoin Prime. Numerous user testimonials from their website and different platforms claim the trading robot to be a reliable crypto trading software. This indicates that investors were able to use the trading software to generate huge amounts of profit consistently. However, due to the extreme volatility of the crypto market, always keep in mind that no tool or program is completely devoid of risks.
It comes as no surprise that cryptocurrencies have helped investors to gain massive amounts of profits. Trading in cryptos successfully can be quite complicated and requires an understanding of the crypto trading market. This limitation acts as a barrier for new and aspiring traders to invest in the cryptocurrency world.
As a solution, automated trading platforms like Bitcoins Prime use innovative algorithms to identify potential opportunities to execute trade transactions. Being a legit, user-friendly, and trustworthy site, Bitcoin Prime provides a compelling crypto trading solution for seasoned and novice traders. However, while using this automated trading software, make sure to invest only the amount you can afford to lose to minimize financial risks.
Bitcoin Prime FAQ
Is Bitcoin Prime legit or a scam?
We believe Bitcoin Prime is 100% legit. The company is not a scam. All the claims about the software's profitability are true. The reviews available online show that hundreds of thousands of investors have been able to grow their wealth by trading bitcoin and other cryptocurrencies on Bitcoin Prime.
What is the minimal amount I can invest in Bitcoin Prime?
The minimum trading capital on the platform is $250. There is no upper limit to the amount you can deposit or trade with on Bitcoin Prime. However, we don't recommend investing more than you can afford to lose because all forms of trading have its risk.
Is Bitcoin Prime a Ponzi scheme?
No, Bitcoin Prime is not a Ponzi scheme. It is a legit platform for trading Bitcoin and other cryptocurrencies. It works by buying digital assets at low prices and selling them when the prices are up.
How many hours do I need to dedicate to Bitcoin Prime per day?
You only need to spare about 20 – 30 minutes daily to keep track of your account. All you have to do is set the trading parameters, and the system will take over from there. Bitcoin Prime is fully automated, so you can trust it to execute profitable trades on your behalf.
Is there any restriction on fund withdrawal on Bitcoin Prime?
No, there is no restriction on fund withdrawals. You can withdraw profits anytime on Bitcoin Prime. Once you submit a withdrawal request, you will get the funds in your bank account within a few hours.
How much money can I make by investing in Bitcoin Prime?
The amount of profit you can make on Bitcoin Prime depends on the amount you are willing to stake. On average, if you invest $250, you can expect to make about $750 - $1000 in profit daily. Although the chance of making this amount as profit is high, there is still a small chance of losing your money to the crypto market's volatility.
How much does it cost to use Bitcoin Prime?
Bitcoin Prime is currently free. There is no license or registration fee. However, to start trading after registration, you must make at least a deposit of $250. This deposit is your trading capital, and you can withdraw the money alongside your profits at any time.
Does Bitcoin Prime have a mobile app?
No, Bitcoin Prime does not have an app you can download to your phone. However, you can access your account to trade anytime and any day via your phone's mobile browsers.
Is Elon Musk affiliated with Bitcoin Prime?
Though Elon Musk is a popular cryptocurrency advocate, our team didn't find any link between him and Bitcoin Prime. Also, there is no evidence to show that his company, Tesla, is affiliated with Bitcoin Prime.