If you’ve spent any time in the crypto industry or you’re simply looking for a good way to get started, there’s a high chance that you’ve heard of automated trading software.
With a wide variety of crypto bots out there, it can be important for investors who are interested in what these platforms have to offer to find the ideal one. Out of the different options on the market, it’s no secret that there are plenty of scam sites, so you might want to consider looking into reputable providers like BitQL.
BitQL is easy to get started with and has a lot to offer its users, making it a great choice for many traders hoping to improve their crypto investing experience. If you fall into this category, this BitQL review will be perfect for you.
Minimum deposit: $250 or €220, no transaction fees,
Trading system: BitQL uses machine learning technology to trade bitcoin
The shortest, simplest answer is that BitQL is a platform that can make it easier for experienced traders and newbies alike to successfully buy and sell cryptocurrency. Using smart technology, this robot is often able to make trading more straightforward, as well as more profitable – and this is why so many people are drawn to BitQL and similar platforms.
Essentially, when you’re using BitQL, you can relax knowing that advanced AI is assisting you with your crypto investments. In fact, some would say that it can do more than simply assist, taking care of all the hard work of trading, and doing most of it for you while you sit back and relax.
Of course, when choosing an automated crypto robot, you need to make sure that you pick the right one. After all, you’ll want your investments to be in good hands. To give you a better idea of what BitQL has in store for its users, here are a few of the benefits that it offers:
Accuracy rates over 90% to help you make the most profit
Quick and easy withdrawals and deposits, whenever you want
BitQL offers a simple trading experience with everything you need
Low commission fees to ensure you get the absolute best from your investments
A team of helpful brokers to assist you whenever you need them
Do all these points sound good to you? If so, you’ll likely be interested in learning more about what using BitQL could mean for your trading future.
Are automated trading platforms like BitQL worth it?
If you’ve never used a tool like this, you might be unsure of whether or not using BitQL will be a good idea – especially if you’re new to the world of the cryptocurrency market as a whole. While everybody’s opinions and preferences are different, there’s no denying that there can be some benefits to implementing automated trading.
Even those who prefer a more hands-on experience with their investments could benefit from using BitQL, since it can be a good way to automate repetitive tasks in the background, giving you time to focus on more important things (whether that’s your personal life, your business, or other investment opportunities).
There are also significant advantages that can come with leaving your investments in the capable hands of advanced technology. With the smart AI software used by BitQL, you can not only automate your investments but also rest easy knowing that doing so can be far more accurate than human trading. In fact, factors like being able to find the best trade deals in next to no time can increase your chances of success, as can the reality that trading robots can’t make bad trades based on emotions like we can, meaning there’s less room for error.
Essentially, it’s not hard to see why so many people choose to use BitQL and similar trading tools to assist them with their crypto-based endeavours.
How do you get started with BitQL?
If you’re interested in seeing what BitQL could do for you firsthand, you’re going to need to sign up. Fortunately, this isn’t going to be difficult; BitQL actually makes it quite easy for their users to get started with their platform. Here are the three simple steps for enrolling with this auto trader:
Step 1: Create your trading account
First, you’re going to need to register with BitQL to start using their services. Usually, this process won’t take long at all, nor does it require any sensitive information. Simply provide them with your first name, surname, phone number and active email address, and you should be good to go. Of course, when choosing a password, you should use something that you can remember to avoid getting locked out of your trading account, but not one that can be easily guessed by someone else.
Step 2: Deposit your funds
Once your BitQL account is functional, you’ll need to make a deposit. Without putting money in, you’ll have nothing to trade with (since you need to use cash to invest in crypto anyway, this shouldn’t be much of an issue for most investors). The minimum deposit fee is quite low, making it easier for beginners to start small and test the waters before putting all their faith into the software.
Step 3: Get trading
With some money in your account, you’ll be able to put the smart technology of BitQL to good use. You could easily go straight to live trading and start making your investments, but we’d advise you to start out by checking the trading parameters and ensuring that all the settings are right for you. If you’re not too sure about what to do, don’t worry too much, it’s laid out clearly and the platform has a team of brokers on-hand to help traders make the right calls.
While you will be able to start making investments and using BitQL soon after making a deposit, you might want to give the demo trading feature a try first. Essentially, this will allow you to see how it all works without using any real money. This is something that we’d encourage anyone to do, regardless of their experience level, since it’s always worth familiarising yourself with a site and its software before putting your money on the line.
When it comes to the world of crypto, you can never be too careful. With a number of frauds and fakes, you need to be wary of the scams that litter the market. This isn’t exclusive to automated traders either; you also have to be wary when choosing wallets, exchanges and even with which currencies to invest in. With this in mind, you always need to ensure that you’re choosing a legitimate tool – but is BitQL software really trustworthy?
There are often a few things that you can consider when trying to determine how genuine a platform is. Licensing and regulation are always worth looking out for, as they’re generally a good sign. Outside of this, we’d recommend looking into some reviews on BitQL online to get a better idea of how real users see the site. This way, you can get a better understanding of whether or not your expectations will meet reality.
From our own time using BitQL, we believe that it’s legitimate. While everyone may have different experiences, we think that the tool is considerably successful – and even if it’s not 90% accurate like they claim, we certainly think it comes close.
What can BitQL do for you?
If you think that this particular automated trading robot could be a good fit, it’s worth doing some research into the key features that users will get to enjoy. Here are some of them; we’ve included both good and bad points so that you can make a better-educated decision before signing up to BitQL.
High accuracy rates
The success that you see on your investments will often be determined by several different factors, although the accuracy of the auto crypto robot will often play a significant role in this. Fortunately for those who are considering using the BitQL app, this site has quite a high win rate of +90%.
When looking out for a platform to use, you should always consider how much they’ll be able to help you with earning a profit – after all, that’s one of the main reasons why so many investors choose to use these tools in the first place.
For most people, alongside the profit potential, knowing that your data and money are safe is the priority. This doesn’t just relate to whether or not a site is a scam or not, but also the measures they have in place to protect their users.
When you sign up and start bitcoin trading with BitQL, you can relax knowing that your personal information and investments will be safe and sound. Regulated by CySEC and featuring high-end user data encryption, you’ll be able to rely on BitQL in this regard.
Crypto isn’t an investment asset that you can easily just leave to grow if you want to make a success from regular trading. You need to be on top of things and be aware of the shifts in the market in order to make the right moves on time. Doing so can often be quite hard, especially with the amount of information that you’ll need to consider in such a short period of time.
With the high speeds that BitQL operates at, its artificial intelligence is able to process large amounts of data and search the market for the best trades in an instant, leaving you with the most profitable transactions possible.
As mentioned earlier, those who are new to the site can use the demo account to give them a better idea of how the site works and what to do when making investments. You’ll be able to use fake money to test things out, whether you just want to see what settings work best for you or try different strategies so you know what to implement when going forward.
BitQL giving their users a chance to see how things work without the risks of losing cash on a bad transaction is essential and well worth keeping in mind when choosing a platform to start trading on.
Low trading fees
While it’s understandable that the creators of bitcoin trading software and similar tools will want to make some money for the services they provide, most investors will want to try and get the best deals they possibly can from a website. With BitQL, the commission fees are incredibly fair, only taking a small portion of your profits (you can always take a look at the site to see what exactly to expect).
While there are some free auto traders out there, it can often be harder to trust a platform that offers amazing services and high profits without asking for anything in return. At least with BitQL, you know you’ll get quality for a small and reasonable fee that won’t make a dent in your gains.
All the advantages of automated trading
These kinds of platforms are often able to do a lot for their users. When considering the benefits of the BitQL app, you can’t overlook the general advantages of using an auto trading bot.
This includes some of the things that we’ve already discussed, such as the higher potential for profit, faster transactions and generally having to put less effort into repetitive tasks. Other factors, like being able to make investments based on facts and logic over emotion are just another example of how you could use a tool like BitQL to your advantage.
Availability in a variety of destinations
There are a number of different regulations on crypto trading platforms, with varying restrictions depending on where you are. Some areas are stricter while some have no rules at all – which can make it harder to get started with trading.
When signing up to BitQL, you’ll be glad to find that it’s available in quite a few locations, even those that have tighter restrictions on what is and isn’t allowed. This gives many more individuals the chance to take advantage of the rewards that crypto can offer.
There isn’t a mobile app
For those who are hoping to be able to trade with ease on their phone through an app, it might be disappointing to hear that this platform is only available as a website. While this isn’t hard to access via phone or other smart devices, those looking for the added convenience of an application may have to deal with using BitQL on their browser.
There are no guarantees of making a profit
There might be higher chances of being successful on your trades, but you should be sceptical of any websites that claim to be profitable on every transaction. Due to the volatility of cryptocurrency, it’s just not possible at the moment to create technology that can consistently score a good trade. Robots like BitQL rely on current data and historical patterns in order to make more accurate decisions – and while these can occur most of the time, cryptocurrency is known for being unpredictable.
This isn’t all bad; it’s essentially the reason why crypto investments are even possible (and so worthwhile), but it is important to remember that you may not get a win on every single trade. Most should be rewarding, but don’t be upset if you hit a run of bad luck. It happens to all traders, new and experienced, and it’s bound to happen to you at some point during your journey regardless of what tools you have.
Regardless of everything that the BitQL software has to offer, there are still a few things that you can do to maximise your profits and overall get the most out of the crypto trading platform. With that in mind, here are a couple of things that could give you a helping hand while using BitQL:
Start trading with the minimum and work your way up
Despite the fact that a site like BitQL has quite a lot to offer its users, we’d advise anyone getting started with this trading robot to begin with the base deposit amount before making large investments. Crypto may have the potential to be profitable, but it’s always worth being cautious before putting significant amounts in and expecting a profit.
Listen to the brokers on the site
If you’re new to the crypto niche, you’ll be glad to hear that BitQL has a team of brokers that can assist you with trading bitcoin. Those who are unsure of what to do could greatly benefit from the advice that their licensed brokers have to offer, so it’s often worth listening to what they have to say if you need a little help from time to time.
Take the time to make the right decisions
When you have a tool like BitQL taking care of the hard work for you, it’s still important to be considerate of what you do with your investments. Think about what you are trading and whether or not the transaction will be worthwhile for you in the end. Whether that’s the amount you invest or what you choose to invest in, making the right decision can always benefit from a little thought.
Keep your statements safe and accessible
On BitQL, you’ll be given the option to download your transaction statements – which could be incredibly beneficial to you later down the line. Once you have to start paying taxes on your crypto, having access to all the information you need with ease will be vital, so be sure to keep a record of everything so you’re prepared.
While there are different trading platforms available on the crypto market, there are quite a few reasons why you might want to consider BitQL. From its high success rates, to simple interface; there are several things that can make this particular robot a good choice for a wide range of crypto investors, trading needs and more.
Crypto trading FAQ
Is trading cryptocurrency profitable?
As well mentioned earlier, the value of cryptocurrency is often extremely volatile, leading to significant gains and losses for many people. So, while it can be profitable, it could also be the exact opposite. The more you put in, the more you stand to lose/will earn depending on the situation (from the current market, to the coin you’re investing in). Before getting into crypto, it’s important to be aware of both the risks and rewards that are up for grabs.
How do I start crypto trading?
In general, your journey to getting started will depend on many things. Will you use an auto trader like BitQL, or stick to an exchange and trade manually? Will you invest in a stable coin, or go for a cryptocurrency that’s new and offers unique potential for the future? There are simply so many paths you could take, but the best advice we can give you is to do your research to ensure that you’re making the right choices.
Is crypto trading legal?
While there are different rules and restrictions in certain parts of the globe, there are many areas that allow for buying, selling and holding cryptocurrency. While it’s always best to check, you shouldn’t have to worry too much about getting into trouble for making your investments.
Which cryptocurrency is best for trading?
It can often be hard to pinpoint one particular coin to invest in; there are several to choose from, each with its own attributes and fluctuating values. However, it can often be a good idea to invest in the more stable cryptocurrencies, such as Bitcoin, Ethereum, XRP and other similar big names in the business to boost your chances of success.
Whichever ones appeal to you most will likely boil down to your preferences for trading, but it’s usually worth looking into those that are better established (especially when starting out).