Bit Urex GPT Review 2023: Is it a Legit Trading Software?
Last Updated on
BitGPT is a popular AI-driven trading robot best known for delivering superior profits to users. The robot is said to derive its trading insights from big data analysis. It can reportedly perform advanced price trend analysis and news trading at high accuracy.
Bit Urex GPT has many reviews on Trustpilot and Reddit. The experts conclude that it’s the most popular AI-driven robot in all categories. It’s also the best rated with over ten thousand five-star reviews on Trustpilot.
This review dives into this robot to find out if it’s legit and if it’s worth trading with. We will also highlight some tips to help you hit you earn the best returns with it.
Table of Contents
Type of robot
Fully Automated Bitcoin Robot
Is it legit or a scam?
Competitive spreads applied by the underlying broker
BitGPT is an AI-based trading system created to help users derive the best results out of crypto trading. Experts claim that the robot can execute tens of trades simultaneously. This explains its huge profitability potential.
The Bit Urex GPT algorithms study historical price movements to predict future movements. This approach to trading is based on the premise that asset prices move in cycles that repeat when the conditions are similar.
The goal of price trend analysis is to capture the points at which the price patterns are likely to repeat and build signals on that. Price trend analysis is sophisticated and requires skills to implement manually. You don’t need any skills to implement it through the BitGPT trading system. This bot also claims to derive signals from news trading.
Its algorithms are reportedly built on Natural Language Processing (NLP) technology to read and interpret human language. The Bit Urex GPT software scans billions of web pages and social media platforms to detect and trade relevant news. This bot has earned recognition as the world’s most accurate trading system.
Trading with BitGPT is easy when you take the provided instructions seriously. The tutorials explaining the robot’s settings are easy to follow for beginners.
Please dedicate at least an hour to going through the tutorials and running the bot on the demo. The demo account should give you an idea of how it feels to run the bot on a live account. Take the steps below to kickstart your trading journey.
1. Create an account
Visit the Bit Urex GPT website and sign up through the registration form. You must complete a contact details verification to authenticate your account. Failure to submit verifiable information can lead to account suspension in later stages.
2. Verify identity with a partner broker
You are taken to a broker’s page after you have completed step one. The Bit Urex GPT trading platform works with brokers to help you access a wide range of tradable instruments at the best trading terms. These brokers adhere to strict regulations including the anti-money-laundering KYC requirements.
The KYC requirements dictate that all deposit-taking platforms should determine the true identity of their partner brokers. Verifying your ID with the underlying broker is a straightforward process.
3. Make a Deposit
You redirect to the account funding page upon finishing step two. Select a payment method from the list offered by the broker. Follow the straightforward prompts to complete account funding.
Please note that you must have at least USD 250 in trading capital to access the trading robot. No deposit charges are applicable and it takes less than a minute for the funds to reflect in your trading account’s balance.
4. Take the tutorials and practice with the demo trading feature
Navigate to the trading dashboard and select the trading tutorials tab. Watch all the tutorials carefully and set the robot as instructed. Click the ‘run on demo’ tab to test the robot on a practice account.
The BitGPT demo is reviewed as accurate. It reportedly delivers results that are very close to what you should expect in live trading. Trading settings that deliver good results on the demo are likely to yield positive results during live trading.
But nothing is guaranteed given how fast the crypto markets change. You should always be prepared for any trading outcome.
5. Trade on a live account
Once you have practised and developed confidence, set up the bot to execute trades automatically. The robot will do all the heavy lifting for you. You can monitor its performance through the trading dashboard.
This trading system works on web, desktop, and mobile devices. As stated earlier, the trading program is developed for all including newbies.
The concept behind this software is driven by how athletes sprint, denoting the ability to perform various commands within a nick of time.
Cryptocurrency volatility demands quick decisions that humans cannot manage consistently. BitGPT was created to take advantage of short-term market movements. The bot implements sophisticated techniques to trade the bull and the bear markets.
The bull markets are characterized by a generally rising market. 2023 is expected to be a bull market with the crypto industry recovering fully and entering into a boom. The anticipated boom could reportedly push Bitcoin to its highest point ever.
On the other hand, a bear market is defined by falling asset prices. An example of a bear market is the crypto winter of 2022. The Bit Urex GPT software allegedly uses advanced short-selling strategies to profit from this market.
Benefits of BitGPT
BitGPT can generate high returns within a short period. Traders take advantage of volatility by buying and selling crypto and crypto derivatives at high speeds.
Failure to trade at high speeds is likely to lead to negative slippage. Negative slippage happens when the orders are delayed leading to execution at a worse-off price. Slippage could be positive but it’s recommended that you avoid all slippage to avoid negative slippage.
The BitGPT trading robot ensures fast-paced and slippage-free trading by linking to quality liquidity. The liquidity is provided by its market-maker partner brokers. We have done a little background research on the partners listed on its site and found them reliable.
Bit Urex GPT is a fully automated and newbie-friendly trading system. You don’t need to know anything about crypto and crypto trading to use this trading bot. Many users claim that it offers a perfectly designed user interface with game-like features.
This robot is also reportedly super profitable. The BitGPT reviews on Reddit and Trustpilot are enough proof of its potential. You can also learn about its potential by reading the expert reviews.
We are also convinced that this bot is safe. The official Bit Urex GPT website is secured through advanced encryption. Some experts allege conducting penetration testing on the site and finding it to be unbreakable. The advantages of BitGPT are summarized in a nutshell below.
Like any other trading system, BitGPT is not without its disadvantages. The main disadvantage is the level of risk associated with trading with this system.
While the robot comes with advanced risk control features, it’s still highly risky to trade with. All crypto trading is extremely risky given how volatile the markets are. Trading crypto through Bit Urex GPT is less risky than traditional methods.
But this doesn’t mean that trading is risk-free. There is a significant possibility of losing money when trading with this software. We insist that you always treat it as a high-risk trading system and avoid investing more than 10% of your savings in it.
BitGPT is only available in 60 countries globally. You won’t be able to sign up with it if you are in an unsupported country.
High-level trading risk
Not available in all countries
How does BitGPT compare with other trading systems?
The BitGPT crypto bot beats competitors in all the areas that matter. We have compared it with many other popular trading systems and concluded that it’s superior. Unlike most competitors, this trading system is affordable.
While competitors require a minimum deposit of $1000, you can get started with Bit UrexGPT for just $250. Moreover, this bot doesn’t charge registration fees. At least 90% of its competitors charge an annual license fee of up to $5000.
BitGPT makes money by deducting a 2% commission on profits earned. On the other hand, nearly all its competitors charge a commission of 20%. If its reviews are anything to go by, this bot performs better than all its competitors.
The reviewers claim that it can generate daily profits of up to 25%. Its closest competitors only manage a daily profitability rate of 7%. The table below summarizes how BitGPT compares with other popular Bitcoin robots.
Other Trading Bots
Daily profits of up to 25%
Daily profits of up to 7%
Minimum investment of $250
Minimum investment of $1000
2% commission on profits
20% commission on profits
Supports multi-device trading
Only available on the web
License free trading
Charges annual license fees of up to $5000
Discloses partner brokers
Doesn’t disclose partner brokers
Is Bit Urex GPT Legit? The Verdict
BitGPT has emerged as an ideal trading robot for newbies and experts. Many users have given positive feedback after using the software.
This review determines if Bit Urex GPT is a scam or a legit robot. We have analyzed feedback from hundreds of sources to conclude that the robot is trustworthy and worthwhile. Our team has also carried out important tests on its demo platform.
BitGPT is not only legit but is also profitable, easy to use, and safe. We conclude that it’s profitable after reading its reviews and analyzing the expert feedback. Many passive investment blogs describe the bot as the best Bitcoin trading platform for the masses. This is because no technical skill is required to operate it.
Our safety tests reveal that the BitGPT website is built on military-grade encryption. The investigation also indicates that its servers are secured through quality security measures. Bit Urex GPT offers enough educational resources to prepare you for live trading experiences.
The platform comes with a demo for practice. Users must test all the settings on the demo before applying them on the live system.
BitGPT is a crypto trading robot that automatically builds and executes quality trades. The robot allows users to trade up to 500 crypto pairs. These include Bitcoin and up to 100 highly volatile altcoins. The pairs are crypto to crypto and crypto to fiat.
Is Bit Urex GPT a safe trading platform?
Bit Urex GPT is a high-risk investing system and hence caution is required in trading with it. The crypto market in general is highly volatile. Trading the highly volatile markets on leverage translates to high trading risk.
How much should I invest in BitGPT?
The minimum you can invest in BitGPT is USD 250. Invest more if you can afford it to maximize the daily profits. But be careful since this is a high-risk trading system. It would be foolhardy to invest all your savings in BitGPT.
How do I maximize the potential of Bit Urex GPT?
Your potential income is influenced by several factors. Some of these factors are within your control. Ensure you set up the robot as instructed and align it with your risk appetite. Research every day to adjust the settings accordingly to capture trends correctly.
Do I need any skills to trade with BitGPT?
BitGPT is a fully auto-trading system. You don’t need any trading experience to use this platform. Please note that failure to implement the trading instructions as required could lead to a negative trading outcome.
Is Bit Urex GPT available in my country?
Bit Urex GPT operates in 60 countries through partnerships with brokers. Most of the supported countries are in the EU, the Americas, and Asia. This bot is also popular in Australia, Dubai, and a few African countries.