Bitcoin Thunderbolt Review 2022: Is It a Scam or Legit Trading Software?
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When it comes to investments, it’s no secret that cryptocurrency not only has the potential to be lucrative, but also that there are many helpful tools and resources out there to assist traders of all skill levels when increasing the success of their endeavours. Having said this, combining the simplicity to get set up in the niche and little regulation, it’s also far easier for scam websites to get established and take advantage of those hoping to make an income. So what do you do when you want to use a platform to help you trade and weed out the shady ones? In all cases thorough research is the key, so here’s a look at Bitcoin Thunderbolt.
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Bitcoin Thunderbolt Features
As the crypto industry continues to hold its favour in digital finance, trending trading robots are easy to come by. Bitcoin Thunderbolt automated trading software has been in the industry since 2015, so this may lend some credibility to its standing. With this in mind, here are the top features of Bitcoin Thunderbolt at a glance:
As with other trading platforms, users can expect to use a host of AI implementations to improve their success when making decisions regarding their crypto market moves, but the main focus of Bitcoin Thunderbolt is touted as fast-paced order placement and learning via market insights;
Users will have access to a range of third-party brokers offering leveraged trading, a demo account feature, analytics tools and the additional help of graphic technology;
There is multi-platform connectivity, with support for MAC, Windows and Linux operating systems, alongside a mobile app;
Bitcoin Thunderbolt plays host to 20 cryptocurrencies, including the major coins like Bitcoin (BTC), Ethereum (ETH) and Bitcoin Cash (BCH), as well as altcoins and even mining-based coins (which many platforms aren’t supporting just yet);
The platform claims that its features and functions can help users reduce the risk of losses by over 50% and has no trading fees to consider;
Bitcoin Thunderbolt trading platform offers a range of trading insights, such as real-time cryptocurrency prices, with interactive charts and market statistics;
This platform offers security via bank-level encryption.
Important considerations for the Bitcoin Thunderbolt platform
One thing that tends to throw up a red flag in the industry is the lack of information about the owners of the platform and the development team. Notable names in the niche will promote the faces behind the tech to give users an idea of just how well-put together their services are. Bitcoin Thunderbolt app doesn’t display this information and while this doesn’t necessarily mean anything bad, it may be worthwhile to keep in mind.
Getting started with trading
When selecting Bitcoin Thunderbolt for your trading endeavours, you will need to:
Create an account
The Bitcoin Thunderbolt official website requires users to fill out an online registration form, including information such as their full name, email address and phone number. Once this is completed, users should receive a verification call.
Make the minimum deposit
Unlike almost all trading robots, there is no information to suggest that there is a minimum deposit amount (this is typically $250 for most sites).
Start demo trading
While it is advisable for new traders to make use of the demo trading feature to get to grips with all that’s involved, it can be of benefit for established traders to also spend some time here to gain familiarity with the platform itself.
Move onto live trading
Users will be partnered with a broker whose role it is to advise and execute investment decisions on their behalf. There will be a consultation period to outline investment goals, risk tolerance and available funds, alongside trading preferences, priorities and potential limitations.
It may be worthwhile to know the payment options on Bitcoin Thunderbolt, so these are as follows:
When signing up to a crypto robot, there’s often no way of telling whether or not it is legit. One of the factors going in Bitcoin Thunderbolt’s favour is the fact that it has been established for quite some time. It can be worthwhile to check out user reviews and testimonials, but always check third-party opinions over those provided by the platform itself. Some additional information that may be indicators of reputability are:
Security features are well-appointed with industrial-grade encryption
Simple transfers and exchanges
AI and analytics tools to track and optimise crypto-asset investments
Users will be partnered with a licensed, skilled broker to undertake their trading endeavors
No hidden fees or charges that will eat into your profits
Many reputable sites also offer a host of customer support methods to ensure users can reach them at any time. Bitcoin Thunderbolt only offers users an online contact form that can be used 24/7 and while they claim this to be extensive and well-appointed, other websites do offer additional channels like live chat, email and more.
The benefits of using Bitcoin Thunderbolt
Bitcoin Thunderbolt prides itself on its range of available market insights, so users can expect to have not only a comprehensive overview of global crypto marketplaces, but also access to fresh trading concepts that other platforms may not provide. There are real-time cryptocurrency prices with interactive charts and market statistics, top-performing portfolio analytics, exclusive crypto market alerts, smart charging, wallet tracking and charting functions and more on offer.
Bitcoin Thunderbolt frequently updates software and adds new features continuously to ensure that users stay up-to-date with market shifts. As crypto can be extremely volatile, having access to a platform that delivers real-time, relevant and innovative tools and insights could spell the difference between profits and losses.
Are there any downsides to using Bitcoin Thunderbolt
While Bitcoin Thunderbolt claims that users can reduce the risk of losses by over 50%, this isn’t a likely statement. The very nature of crypto is volatile and as traders are putting real money on the line, they should always ensure that they practice risk management. While these types of software make automated, intelligent market decisions, they’re not infallible and shouldn’t be left for any length of time to take care of investments. Users should check in on their accounts and make sure that everything is performing how they’d expect and tweak any parameters that aren’t meeting their needs.
Celebrity endorsements for Bitcoin Thunderbolt
One thing that many crypto enthusiasts look for is celebrity endorsement and while there have been claims of support from the likes of Elon Musk, Jeff Bezos and British financial expert Martin Lewis, there isn’t currently any evidence to suggest that they use Bitcoin Thunderbolt.
With all of the above information taken into consideration, Bitcoin Thunderbolt doesn’t look like a scam platform, so with a little research, users can make use of a host of benefits – some of which other platforms simply don’t have (such as support for mining-based altcoins and no fees). The fact that it promotes a focus on learning can be worthwhile for new traders who are hoping to start their crypto journey in the right way, as well as for more experienced traders who want to increase their chances of success, diversify their portfolios and continue to build upon their current knowledge.
Users will never make a profit 100% of the time, no matter how good the software they use is or their skills and experience, but there are ways to ensure that trading is going to provide more wins than losses. Of course, a platform like Bitcoin Thunderbolt can assist with its demo trading account and the ability to diversify trading portfolios with a range of supported coins, but users should always practice caution when using their own money to trade.
Remember that as there is seemingly no deposit amount on this platform in particular, you will have the ability to put less in than the industry standard of $250. This could end up being the deciding factor for many traders when comparing trading robots.
Users will have access to a host of tools and market insights, alongside a dedicated broker, to help them make more educated trading decisions. One of the key features promoted by this platform in particular is that it aims to educate, so traders will grow their knowledge over time to increase their chances for success as their efforts progress.
What currencies are available on Bitcoin Thunderbolt?
There are over 20 cryptocurrencies on offer including (but not limited to): Bitcoin, Ethereum, Bitcoin Cash (BCH), Dogecoin, Litecoin, Auroracoin and Monero.
How can you use Bitcoin Thunderbolt?
Bitcoin Thunderbolt can be used on MAC, Windows and Linux operating systems. This is one of few trading robots to also offer mobile functionality via a well-appointed app.
Can I use leverage to trade crypto on Bitcoin Thunderbolt?
Yes. As users are partnered with an expert broker, leveraged trading is supported. However, be sure to do some extra research to understand the additional risks that this can pose when putting your money on the line.