BitIQ Review 2022: Is it an Effective Trading Platform?
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Looking for reliable, detailed, and unbiased information about the BitIQ trading platform? There are thousands of automated trading tools are available to crypto traders on the internet. However, only a few of these auto traders are legit. Most of the companies out there don’t make good on their promise. To help our fans make the right investment decision, we regularly research crypto trading bots and other online money-making tools to ascertain whether they are legit and effective.
Is the BitIQ legit or a scam? Can you make a huge profit by investing in this trading program? Continue reading this BitIQreview to learn all you need to know about this crypto trading software. Our experts researched the platform extensively and got firsthand experience to understand how it works and whether it is possible to make a huge profit from their program. Let’s take a deeper look at the platform now.
Table of Contents
What is BitIQ?
BitIQ is one of the popular cryptocurrency trading software that promises investors a huge profit. The developers claimed that it was created to help beginners who do not know about trading to make money from cryptocurrency.
With the BitIQ app, you can invest in bitcoin and other assets without going through the stress of learning how to trade. Also, the platform is 100% automated, so you won’t have to monitor market trends or study charts to make profits. The software executes the trade on your behalf while you sit back to cash in your profit.
The BitIQ crypto robot uses cutting-edge Artificial Intelligence (AI) and quantum computing to trade bitcoin volatility and make huge profits. The software leverages this technology to scan the cryptocurrency market and analyze price trends to identify profit opportunities.
According to the developers, their computer program can scan billions of web pages within seconds and perform over 100 trades per minute. The BitIQ trading robot have about a 90% success rate. If it performs ten trades, nine out of them are sure to be profitable.
Aside from leveraging AI and quantum computing, the platform also uses news trading, price trend analysis, and arbitrage trading to make good money for its users. Arbitrage crypto trading involves studying the cryptocurrency market for small price discrepancies and making money from it. BitIQ is capable of executing 100 arbitrage trades in one minute.
Similarly, price trend analysis involves collecting and analyzing historical data to identify trends and predict future prices. BitIQ uses this strategy to execute trades at a 90% win rate for its users. In simple terms, the software makes a profit by buying assets when the prices are low and selling them when they go up.
How to create an account on BitIQ?
Are you interested in making passive income and growing your wealth by investing in BitIQ? Below is a step-by-step guide on how to register, make deposits, trade, and earn profits on the platform.
Creating an account on BitIQ is pretty straightforward. The first thing to do is to visit their official website. You will find the signup button in the upper right corner of the home page. You can also click on the ‘Invest Now’ button at the bottom of the home page to get started. Like other websites, you will have to submit some personal information like your name, phone number, and email address to complete the registration process. Also, you will need to create a password to secure your BitIQ account.
Verify your information
After completing the registration form, you will get a prompt to verify your account and the information you supplied. Once done, you will get access to the trading robot and all its features. After verification, you can log out and log into your account using the email address and password you supplied.
Fund your BitIQ account
The trading app requires you to make a minimum deposit of $250 before you can trade on the platform. Though you can pay any desired amount into your account, we advise that you start with the minimum and increase the fund only after gaining experience on the platform. There is a variety of payment options available on the App. You can make payments to BitIQ App via debit/credit cards or online bank transfers. Additionally, you can make use of e-wallets like Skrill, Neteller, and more.
Try the demo account
BitIQ App is one of the few cryptocurrency auto traders that offers users a demo account. This account allows you to learn how the platform works. The demo trading feature works exactly like the live trading system. We advise that you use it to familiarize yourself with how the software works.
Start live trading
Once you are satisfied with your demo account experience, you can start trading with real money. After clicking on the live trade button, you will get a prompt to set the trading parameters like risk level, trade volume, and more. After the trading session, you can withdraw both your initial deposit and profit to your bank account, card, or e-wallet. The average withdrawal processing time on the platform is 24hrs.
Here are some of the top features of BitIQ software we uncovered during our thorough examination of the platform.
Free trading software
Unlike some automated trading platforms, BitIQ is completely free to use. You don’t have to pay any amount to create an account on the platform. Also, there is no fee on deposits or withdrawals. Any amount you deposited or withdrew is what you get. BitIQ only charges a 2% commission on the profit it makes for you. The developers claim this deduction is to keep the system sustainable.
As we stated earlier, BitIQ is one of the few auto trading robots with the demo trading feature. So as a beginner with zero experience in bitcoin trading, you can use the demo account to test the platform and understand how it works. Furthermore, you can use it to learn how to trade and identify the best strategy to use without risking your money.
Simple registration process
Registration on the website takes less than five minutes. The process to follow is pretty straightforward, so you won’t have a hard time navigating the platform. We won’t be wrong to say BitIQ has one of the most user-friendly interfaces in the industry.
BitIQ leaves most of its competitors in the dust when it comes to withdrawal processing time. It takes about seven days to withdraw your fund on most crypto trading platforms; however, BitIQ processes withdrawals and credits users’ accounts in less than 24hrs. What’s more, the withdrawal process is simple. All you have to do is select your banking option, input the amount you want to withdraw, and hit the withdraw now button.
Secure trading robot
We believe BitIQ is 100% safe and secured. The App uses high-end SSL encryption and other cutting-edge security technologies to safeguard the system and protect your information. There has never been a data breach incident on the platform. So you can invest in their crypto trading program with complete peace of mind that your funds and personal information are safe.
90% Win rate
The BitIQ trading bot has a 90% success rate. We confirmed this claim when we tested the App. The trading bot knows when to enter and exit the market. It also has the ability to correctly predict news that could make the price go up or down. BitIQ is the platform to use if you like to make huge profits by taking advantage of bitcoin’s volatility.
Supports multiple cryptocurrencies
Unlike most traditional auto traders, which support only bitcoin, the BitIQ trading robot gives you more currency options. You can trade Bitcoin, IOTA, NED, Ripple, Bitcoin Cash, Litecoin, Bitcoin Gold, Ethereum Lite, Ethereum, Zcash, Dash, Cardano, and more on the platform.
No trading experience required
You don’t need to have trading experience or technical knowledge to make money using the BitIQ trading app. You will be able to trade with the App so far you can operate a smartphone. The website design is simple, and the user interface is friendly. From registration, deposit, trading, to withdrawal, our experts didn’t have a hard time finding their way around the site.
100% automated trading software
Once you set the trading parameters, the software will execute the trades for you. It uses machine learning technology and artificial intelligence to scan the markets for profit opportunities and execute trades. So you won’t have to follow price trends, analyze the market, keep track of trades or do anything else. Just sit back and watch it make some good money for you.
Impeccable customer service
Our BitIQ review won’t be complete without a thorough examination of their customer service. When we contacted them, our team was pleased with how they attended to our request. Our experience with their customer service team was awesome. They showed eagerness to help and were very professional with their service.
Based on our thorough investigation, we believe BitIQ is legit and not a scam. We started our research by checking out reviews about their trading program. Most of the online reviews are positive, with thousands of users expressing their satisfaction with the platform. However, we also uncovered a few negative reviews. Our research found out that over 95% of BitIQ users made good money, while less than 5% of their users lost money.
Our experts took a step further in their investigation by signing up on the platform to get a firsthand experience of how it works and to determine the App’s effectiveness. Getting started on BitIQ was very easy. We agree with the developers that the website is user-friendly. Anyone who can operate a smartphone will be able to use the software to trade and make money. Registering and verifying our account on BitIQ took less than five minutes.
After the registration, we deposited the minimum amount and used the demo trading system to acquaint ourselves with how the software works. Then we set our trading parameters and hit the live trade button. The software executed trades automatically without requiring any input from us. At the end of the first trading session, our initial deposit had increased by over 20%. Most of the trades executed by the software were profitable.
After several crypto trading sessions, we decided it was time to get our initial deposit and profit out of the system. The software instantly processed our withdrawal request, and our bank account was credited with the full amount within 24 hours. Based on our firsthand experience, we believe the BitIQ app can execute trades profitably, and you can make thousands of dollars by investing in the platform.
However, cryptocurrency trading comes with a level of risk. So we advise that you start with the minimum deposit amount. You can invest more money after familiarizing yourself with the system and how it works. Following this strategy will help you minimize your risk on the platform.
Frequently asked questions about the BitIQ trading bot
Our goal is to make this BitIQ review as detailed and informative as possible. So we added some frequently asked questions about the App just in case you still have some unanswered questions. Please, read this section if you need more clarification on how BitIQ works.
Is BitIQ legit or a scam?
After examining the App thoroughly, checking thousands of online reviews, and getting a firsthand experience on the platform, we believe BitIQ is legit. The company is not a scam. You can invest with them without worrying about losing your money. Also, the website is secured with SSL encryption, so any information you share on the platform is safe.
How much money can I make with BitIQ trading software?
According to the reviews we saw online, some users claim they earn thousands of dollars daily using the BitIQ software. However, the amount of money you can make depends on the invested capital and your risk appetite.
Are the scam rumours about BitIQ true?
No, the scam rumours are false. The software trades effectively and can help you make thousands of dollars on the side. We confirmed that the trading bot has a 90% success rate. Also, the huge number of testimonials available online shows that BitIQ is not a scam.
How many hours would I need to set aside for crypto trading every day?
The trading software is completely automated. It will execute the trades on your behalf. All you need to do is set trading parameters like risk level and trading amount. Once done, you can get busy with your other daily activities while the App does all the work for you.
Are there hidden fees on BitIQ?
No, BitIQ does not charge any hidden fee. The software is completely free for users. You won’t be charged any fee for registration, deposit, withdrawal, trading, or account maintenance. The company only charges a 2% commission on your profit.
What is the minimum deposit amount on BitIQ?
The minimum amount you can deposit on the platform is $250. You can deposit more than this amount if you like. We recommend only investing an amount you can afford to lose since all trading carries risks.
Does BitIQ have a mobile app?
The company does not have a mobile app. So you won’t find any on Google Play or Apple Store. However, you can access the site on your phone through your mobile web browser. The website is mobile-friendly. You will get the same experience whether you are using a PC, smartphone or tablet.
Is Elon Musk one of the founders of BitIQ?
No, Elon Musk has no affiliation with the company. The post about Elon Musk funding BitIQ is completely false. Just like other auto traders in the market, BitIQ keeps the identity of its founders and investors confidential.
Trading Strategy Tips for trading profitably on BitIQ
Below are some beginners tips that can help you make huge profits and reduce your risk on BitIQ.
Invest what you can afford to lose
We always advise traders, especially newbies, to start with a small amount. Don’t make a mistake by investing a big amount from the start. Learn more about the platform, how it works, and how to trade profitably before investing a big sum. Even when you decide that you are ready to trade big, make sure you trade with an amount you can afford to lose. All forms of trading, including crypto trading, carries risk.
Learn more about cryptocurrencies
Though you don’t need trading knowledge to use BitIQ, learning more about cryptocurrencies can help you make more money on the platform. With more information, you will be able to make informed decisions, set trading parameters to your advantage, and increase your earning potential on the platform.
Use the demo account to learn
Don’t make the mistake of starting live trade without using the demo account to acquaint yourself with the software. Mistakes are costly when it comes to cryptocurrency trading. You should take your time to understand all the features of the platform by using the demo account.
The cryptocurrency market is very volatile. Though BitIQ uses the latest AI-powered tech to trade, there is still the possibility of losing your money. We advise that you should be very careful when choosing your trading strategy and setting the trading parameters.
Reliable trading software has a high success rate. They leverage machine learning and artificial intelligence to identify and take advantage of advanced trading strategies. Unlike humans, trading robots don’t trade with emotions.
So there is less risk of losing money due to emotional trading. In short, auto traders are capable of generating higher profits from the crypto market than humans. Another advantage of using trading robots is their speed. For example, BitIQ can execute about 100 trades per minute and make huge profits for you. Humans can’t trade at this speed.
Summary of key facts about BitIQ
Below are some of the key facts you should know before investing in the BitIQ trading program.
There are thousands of testimonies about the App on the internet. You will find some on reputable review sites like Trustpilot.
The software algorithms use machine learning, artificial intelligence, and robotic technology to study historical market data, analyze price trends, and execute trades profitably.
BitIQ has no mobile app. You can only access it via your mobile or web browsers.
The BitIQ auto trading robot is completely free. There are no hidden charges on the platform. The company only takes a 2% commission on your profit.
The trading program is fully automated. It does everything for its users. You can use the software to make passive income.
Though the software is legit, it is not risk-free. Just like other bitcoin trading robots, there is also the chance that you can lose your money.
There is no limit to the amount of money you can make on the platform. Your profit depends on your risk appetite and the amount you invest in financial markets.
Pros and Cons of BitIQ
Pros of BitIQ
The software is completely free to use
Utilizes machine learning, artificial intelligence, and robotic technology
Suitable for newbies
Supports over ten cryptocurrencies
User-friendly trading platform
Demo accounts available
Low minimum deposit
Cons of BitIQ
Though BitIQ has a high success rate, it doesn’t eliminate cryptocurrency trading risks.
Overall, BitIQ is a legitimate company. The trading tool is legit and not a scam. Our researchers dug out reliable information about them by getting a firsthand experience on the platform and checking what other users have to say about them. Though few users claim that they lost money, over 95% of the reviews we saw online were positive. BitIQ is ideal for beginners who don’t have trading knowledge.
Also, the software is completely automated, so it is a good way to make passive income as it does not require you to set time aside to trade. We recommend BitIQ for anyone looking to grow their wealth through trading on the crypto market.