The traditional work culture is changing around the world. More people are looking for ways to earn passive income so they can quit their 9 – 5 jobs and spend more quality time with their loved ones. Investing in cryptocurrencies using automated trading software like Bitcoin Trader is one of the popular ways today’s people are using to make extra income on the side and grow their wealth.
However, there are thousands of automated crypto traders on the internet, and not all of them are legit. We scour the internet regularly to find popular trading platforms, investigate them, and share our findings with our readers to help them make informed investment decisions. Today, we’ll be sharing everything we uncovered after a thorough investigation of Bitcoin Trader. Continue reading this comprehensive and honest Bitcoin Trader Review to find out if the company is a scam or not.
Trading strategy: automated trading systems based on trading signals
Minimum deposit: $250 or €220 (free live trading and demo trading)
Verification process: easy and quick, doesn’t take more than 2 minutes
Bitcoin Trader is an automated trading platform that uses artificial intelligence (AI) and cutting-edge robotic technology to perform High-Frequency Trading (HFT) on behalf of its users. In other words, Bitcoin Trader helps you scan the cryptocurrency market and execute profitable trades. The software is 100% automated, meaning that it does everything for its users. According to the developers, this auto trading robot was developed to help crypto investors, especially beginners who do not have trading knowledge or experience, earn good money from the crypto market.
The information available on Bitcoin Trader’s website shows that the software’s win rate is 60%, and it is capable of executing hundreds of trades per minute. This capability means you will profit on at least 60 out of every 100 transactions the auto trader executes. The best part of Bitcoin Trader is the 100% automation, which makes it possible to earn thousands of dollars from the crypto market without doing the buying and selling yourself.
How does Bitcoin Trader work?
The concept behind this trading software is simple. The Bitcoin Trader app works by buying crypto assets when the prices are low and selling them when they go up. It does this by scanning billions of information on the internet using big data. Once the software identifies opportunities to buy low or sell high, it deploys its auto trading robots immediately to execute the transactions. It does this continuously to earn big profits for its users. However, you should note that the win rate of Bitcoin Trader is 60%, meaning that not all the trades will be profitable. Some will earn you money while others will not. But the good news is that most of the trades will be profitable.
Bitcoin Trader Review: Is it a scam or legit trading platform?
First, let’s take a look at what we found out during online research before going into the details of our firsthand experience. Bitcoin Trader is a popular crypto trading platform that has been in the mainstream for a couple of years. As expected, we found thousands of reviews about the platform on social media and many independent review sites like Trustpilot. Most of the reviews about Bitcoin Traders were positive. Many users claimed that they had used the bitcoin trading robot to achieve financial independence. However, a small fraction of users say their experience on the platform was not great. Overall, about 85% of users who wrote reviews about Bitcoin Trader agree that the software works and is not a scam.
Based on our firsthand experience with the Bitcoin Trader app, we believe the platform is 100% legit. We made money using the software. The website was easy to use. We completed the registration process and verified our account in less than fifteen minutes. We deposited funds, and our trading account was credited in a few minutes. We got access to the demo account and used it to practice trading.
After we were satisfied with the demo account’s experience, we went live. We set trading parameters, and the software took over from there. The bots executed thousands of trades in the first trading session, and a majority of them were profitable. At the end of the session, we made hundreds of dollars as profit. The software does everything itself. We believe that the founders’ claims about Bitcoin Trader are true. However, please note that no auto trader is 100% profitable. There is a chance that you may lose your investment too. So we recommend starting small and increasing your investment as you make more money on the platform.
Below is a step-by-step guide on registering, depositing, trading, and making money with the Bitcoin Trader app. We recommend using the demo account to learn how to trade and familiarize yourself with the essential features on the website before hitting the live trade button. Follow the steps below anytime you are ready to sign up on Bitcoin Trader.
Register on the Bitcoin Trader website
The first step is to visit the official website of Bitcoin Trader. The “Sign Up” button is on the upper left section of the home page. You can also click on any of the three “Invest Now” buttons on the home page to kickstart the registration process. This action will take you to the sign-up page to complete the platform’s registration form. To complete the process, you have to provide personal information like your email, name, and phone number. In addition, you have to create a password for your account. Once completed, you can sign in to your bitcoin trader account anytime using your email and password.
Verify your account
After completing the registration process, the platform will notify you to verify your account. This verification is to confirm that the information you provided during registration is truly yours. The process also helps the platform prevent fraudulent access to its system.
Deposit the minimum trading capital
Once your account is verified, you can go ahead to deposit the minimum trading capital, $250, to your bitcoin trader account. Their site offers several deposit options, including debit cards, credit cards, bank transfers, crypto and e-wallets. You can deposit more than the minimum trading capital, but we recommend starting with $250 and increasing your capital only when you get more comfortable using Bitcoin Trader. The amount you deposit will usually show in your account in less than 24 hours. When you use deposit options like e-wallet or crypto wallets, you will get the funds in your account within minutes.
Practice with the Demo Account
Bitcoin Trader software offers all users a demo trading feature they can use to learn more about the software, practice trading, master their strategy, and test the system’s accuracy. The demo account works exactly like the real account, and the only difference is that you will be trading with virtual money and not real money. Before we clicked on the live trade button, we used the demo account to learn how to set the software’s trading parameters. We tested how it trades and the results using different parameters. After several trading sessions, we hit the live trade button.
When you become comfortable with the demo account, it is time to find out if truly you can make hundreds or thousands of dollars through Bitcoin Trader. When ready, all you have to do is set account trading parameters like your risk appetite, the amount you want to invest per trade, and the maximum trading volume for the day. Once done, you can sit down to watch the software do its magic. After setting the parameters we wanted, we monitored the software to see how it executes trades. From our observation, the win rate of the software is high. Almost all transactions executed were profitable.
Interested in knowing the remarkable features of Bitcoin Trader software? This section covers some of the software’s main features and highlights what makes it different from other cryptocurrency trading platforms in the market.
Unlike cryptocurrency exchanges where you buy and sell assets yourself, the Bitcoin Trader trading platform helps you make passive income by executing profitable trades on your behalf. The software scans the market for news that may impact the volatility of crypto assets, analyze charts, make predictions, and execute trades. You won’t have to do anything other than set the trading parameters and sit down to enjoy your profit.
Beginners and experienced cryptocurrency traders will find Bitcoin Trader easy to use. The site’s design is simple, and the user interface is friendly. You won’t have difficulty figuring out how to sign up, make a deposit, use the demo account, trade live, set parameters, and withdraw your profit. What’s more, the website is responsive on all devices. You can access the platform via the mobile browser on your desktop, laptop, smartphone and tablet.
Big Daily Payouts
We confirmed that users could make hundreds or thousands of dollars daily through Bitcoin Trader. While the probability of making a big profit is high, it is almost impossible to predict the exact amount you will earn. This is because profits vary according to the market conditions, trading capital, and trading parameters. However, most users online claim they make at least a thousand dollars on the platform daily.
Bitcoin Trader processes all withdrawal requests in less than 24 hours. When it comes to deposits and withdrawals, we believe Bitcoin Trader leaves most of its competitors in the dust. All our banking transactions on the site were smooth, effortless, and fast.
No Hidden Fees
There are no deposit or withdrawal fees on the site. Also, there is no registration fee. The amount you get to pay the platform is 2% on all your profits. According to the developers, the commission covers the company’s costs and keeps the software functional.
You can connect with the representatives of Bitcoin Trader via email or live chat. We believe you will hardly need to contact them because their site is user-friendly, fast, and glitch-free. However, you will be impressed with the quality of service you get when you do. While testing the platform, we contacted their support team to assess their willingness to help. They responded and provided useful answers to all our inquiries.
Bitcoin Trader is one of the few automated trading platforms that work with reputable brokers regulated by global authorities. These brokers monitor the platform to ensure its trading bots are working as programmed.
We are renowned for always recommending only crypto trading systems that check all the right boxes. Check out some of the reasons why we believe Bitcoin Trader is a good platform for beginners and experienced crypto traders.
No trading experience or knowledge required
Bitcoin Trading is fully automated, so it does all the work for you. Newbies with zero experience and knowledge of cryptocurrency trading can use the website to trade without hassle. Additionally, you do not have to be a computer guru to use the software. Anyone that can operate a smartphone can use the software to trade and make money.
Fair Win Rate
Bitcoin Trader’s win rate is 60%, and we confirmed this claim to be true. Though the information available on their site suggests 60%, we recorded profits from over 80% of the transactions performed by the software. So based on our experience, we recommend this automated trading platform to anyone that wants to grow their wealth by investing in the cryptocurrency market.
Secure Trading Platform
Despite being around for a couple of years, the security of Bitcoin Trader has never been breached. The website uses bleeding-edge SSL security technology to protect users’ data and money. Based on our thorough investigation of the site, we believe the security features on the platform are adequate.
Reliable Customer Service
We understand that there is always a possibility of running into problems when using even the most user-friendly platforms. So we don’t take customer support with levity when reviewing automated trading platforms. When we examined Bitcoin Trader, we were satisfied with the quality of customer support we got. Their representatives were responsive and fast. The overall experience dealing with their support team was remarkable.
Beginners’ tips for trading profitably on the Bitcoin Trader platform
All crypto trading robots come with some level of risk. Fortunately, you can reduce the risk of losing your money and increase the profit you earn by taking some steps. Our experts scoured the internet to find time-tested and proven tips beginners can use to make money on Bitcoin Trader. Following the tips below will help you get the most out of the software.
Start with a small budget
While it is true that the more money you invest in an auto trader, the more profit you get, this approach is risky and not always the best. We advise beginners to start with a small budget, preferably the minimum trading capital. Do not assume that there is no risk because of the many positive reviews you have seen. Starting small will limit your loss and help you avoid heartbreak if things do not go as expected. However, you can increase your trading budget when you start making profits on the platform.
Withdraw your profits regularly
Do not feel tempted to turn all your profits back into the system. We recommend withdrawing your profits regularly to be on the safe side even if there is a major correction in the market. This way, you will significantly reduce the risk of losing money. What’s more, you will have benefitted even if the unexpected happens.
Follow the golden rule
The golden when investing in an automated trading program is to only put in what you can afford to lose. Never invest borrowed money on cryptocurrency, whether you are trading manually or using an auto trader. Also, investing your life savings in trading programs is a NO-NO. Remember that the crypto market is highly volatile, and there is a chance that you can lose your money.
Seek professional advice and learn from experts
Talk to experts if you have any issues using the software. Do not be shy to contact the customer support team if you have any questions about the Bitcoin Trader platform. In addition, seek more knowledge about cryptocurrency by watching YouTube videos, reading crypto blogs, and following crypto experts on social media to keep yourself abreast of the latest information in the market.
What we do not like about Bitcoin Trader
Like every other automated trading software in the market, Bitcoin Trader does not have a 100% win rate. There is still a chance that users can lose their money on the App. This is why we advise newbies to start small and invest only the amount they can afford to lose. Another drawback is that poor internet connection can negatively impact the trading experience and result. Users need a stable and fast internet connection to get the best out of Bitcoin Trader.
Did Elon Musk or any other celebrity endorse Bitcoin Trader?
We have seen several reports about Elon Musk and other celebrities endorsing Bitcoin Trader. Also, there is news that Bitcoin Trader was featured on popular shows like Shark Tank and Dragon’s Den. Below is what we discovered after scouring the internet to find out the truth about this information:
Though Elon Musk, CEO of Tesla, is a known cryptocurrency supporter, we did not find any information linking him to Bitcoin Trader. We believe that news flying around on Google, YouTube, Facebook, Twitter, and some popular crypto blogs about Elon Musk endorsing Bitcoin Trader is false.
Peter Jones, an Irish entrepreneur, is another popular figure that people have always associated with Bitcoin Trader. There are claims that this millionaire endorses Bitcoin Trader. Our investigation showed that this claim is false. There are no links between Peter Jones and Bitcoin Trader.
Our readers have asked us several times if Gordon Ramsay, a popular TV personality, has connections with Bitcoin Trader. Though there is news suggesting that Gordon Ramsay endorsed the software, we found this information to be false.
If you have been researching Bitcoin Trader online, you may have come across blogs or videos suggesting that the App was advertised on popular TV shows like Dragon’s Den and Shark Tank. Our in-depth investigation shows there is nothing like the Bitcoin Trader Dragons Den or Bitcoin Trader Shark Tank association.
We believe Bitcoin Trader is 100% legit and not a scam. The trading platform is also not a Ponzi scheme. It is a legit, AI-powered auto trader that allows users with zero knowledge about trading to make hundreds and thousands of dollars from the cryptocurrency market. Our unbiased and independent investigation of the program shows the claims on the website are true.
Can I make money by trading on Bitcoin Trader?
Yes, you can make passive income and grow your wealth by investing in Bitcoin Trader. There are thousands of reviews online from users who have achieved financial freedom with the help of the App.
Do I need trading knowledge or experience to use the software?
You do not need any trading knowledge or experience to trade profitably on the website. The software is completely automated, so it does all the legwork for you. The only thing you will be doing on the software is setting trading parameters. Once done, you can sit back to watch the system perform its magic.
How much do I need to register on Bitcoin Trader?
Bitcoin Trader is completely free for users. You do not need to pay money to sign up. However, $250 is the minimum trading capital on the platform. You can only start trading on the platform after depositing the fund into your account.
What are the fees on the platform?
You pay a 2% commission on the profit the software makes for you. Aside from this commission, there are no other fees. The company does not charge registration, deposit, or withdrawal fees.
How much time will I need to commit to Bitcoin Trader daily?
You will be good with 15 minutes to 30 minutes daily. The system runs on autopilot, so you do not have to do any work aside from setting your account's trading parameters. We recommend allowing the software to run uninterrupted for at least 10 hours daily.