Last Updated on May 18, 2023
It’s no secret that the cryptocurrency market is well-established and due to the volume of individuals getting involved every day, it’s not likely to fall out of favor any time soon. There has been speculation on its success since the original inception of Bitcoin a little over a decade ago, but it has held strong and continues to offer financial potential in a host of ways. This has lead not only those within the trading industry to consider its potential as a viable income stream such as BitQS, but also for people around the world and from all backgrounds to think about whether or not crypto trading will be for them.
As AI is making endeavors simpler and providing a lower level of entry in terms of time, effort, funds, skill and education, more and more people are turning to trading robots as time goes on. The bad news is that the industry is still widely unregulated, so it can be difficult to determine which software providers are legit, so research can be especially worthwhile. With this in mind, we’re reviewing BitQS.
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BitQS is an automated trading platform that utilizes AI software to allow users to make crypto trades using an array of tokens, with little knowledge or input. It connects users with a selection of brokerages to facilitate a better trading experience with smaller financial commitments than when trading alone. While this is essentially what a typical trading robot will offer (although not all pair with brokers), BitQS has much more to it than easy, cheap access to this potentially lucrative market.
The good news is that users can expect access to advanced AI programs with a powerful infrastructure that has the ability to scan crypto markets in seconds (in accordance with a few simple trading parameters set prior to trading), taking data from technical analysis, market trends, and fundamental performance to execute the trades with the most potential. Signing up with the BitQS trading software could help you to minimize financial risk and maximize your chances of profit – and it does this intuitively and with little fuss.
There will be similarities in the signup processes involved with crypto trading software, but BitQS does have some significant differences. With this in mind, here’s all you need to know about creating an account:
Having access to an account manager will help you to increase your overall potential when trading, as they can give you worthwhile insights and tailor your experience by providing personalized, user-centric alerts to your preferences and limitations – straight to you when worthwhile trades are on the horizon.
One of the top ways to tell if a trading robot is safe to use is to take a look at some of the key information available about BitQS. The best things to look at are:
At a glance, BitQS seems to have been developed by a team of tech and financial specialists with a host of competencies in their respective fields that wanted to make crypto trading as accessible for the average person as it is for trading professionals. While members of the team are not named or verified, the fact that many similar trading platforms don’t offer this level of information could be seen as a marker of legitimacy.
The core principle of trading software is to carry out crypto trades on behalf of the user by buying and selling selected tokens to meet their needs. While manual trading can still be undertaken using the BitQS software, the potential will be increased by setting the right parameters, such as the cryptocurrency market, limit and stop orders that align with your trading style, strategies and budget. BitQS utilizes high-performance AI to swiftly scan the financial markets, define the most profitable trades, create the necessary orders and execute transactions – all in a matter of seconds. It reports a 60% success rate and this lends to its credibility as it is a viable number (where some platforms report an unachievable 90+).
During our research, we found evidence to suggest that BitQS only partners with CySEC-registered brokers and that’s one of the most attractive aspects of choosing this site. In fact, users can only trade using CFDs (contract for differences) with the software, so you will need to create a separate account with the right crypto exchange to facilitate the storage of coins and transactions.
From here, the BitQS crypto trading software will step in to make your endeavors easier than ever before. Of course, there are risks that come with leveraged trading, so be sure to do separate research on this before putting your money on the line.
BitQS doesn’t have any sign-up, transaction, or trading fees and there doesn’t seem to be any commissions for trades. It does ask new sign-ups to make a $250 deposit to gain access to the site, but this shouldn’t be a concern as it is the standard across the industry.
A great way to tell if a trading robot is a worthwhile selection or is legitimate is to take a look at the consumer reviews and testimonials. The good news is that when looking around online, there is a lot of support and good sentiment out there regarding BitQS and how well it functions, the success users of had and the responsiveness of customer services.
Let’s take a look at what you can expect from the BitQS automated trading in terms of features:
One of the biggest assets when using trading software or the services offered by brokerages is demo account trading. Once you have opened your BitQS account, you will need to make an initial deposit of $250 and this will give you access to a demo trading section (as well as all of the other areas of the platform) where you can get familiar with the software, test out different trading parameters to see what works best for you and help you to gain some worthwhile experience before putting any real money on the line.
BitQS offers access to a customer service team that can be reached from live chat, via phone, or by email 24/7.
When it comes to the design and functionality of trading robots, being beginner friendly is a huge plus and BitQS has one of the simplest, well-laid-out websites on the market. Users will be able to easily navigate the platform, track the AI’s performance, enter into contracts with their chosen broker, make transactions and more.
Not only does the BitQS crypto trading platform facilitate Bitcoin, Ethereum, Cardano, Bitcoin Cash and several more, but there are multiple payment options including debit and credit card payments, as well as PayPal and eWallets.
Aside from all of the necessary security certificates and SSL encryption, BitQS is also supported by protection software like McAfee, Norton and SecureTrading to give users ultimate peace of mind.
The pros of the BitQS auto trading robot are as follows:
There is another pro to keep in mind; the BitQS website is full of information about trading, trading robots, their AI software and their services – and this helps new users to not only learn about trading and the platform itself, but it also helps to make it look more legit in terms of its competitors.
The cons of the BitQS trading robot are as follows:
Throughout our research, there has been a strong theme of legitimacy, although you should do your own research and make up your own mind on whether you trust this software. With factors like KYC verification on new signups, a wealth of information on the BitQS website, the fact that there are no fees and also that the proposed win rate is set at a respectable 60%, there certainly seems to be a lot of advantages.
It is made clear on the website itself that the developers consist of a team of designers, financial analysts and other niche professionals that combined their skills to bring a user-friendly, helpful platform to users worldwide. When combined with the array of positive reviews across the internet and the fact that there are quite a few positive online reviews on third-party sites, it certainly looks more viable than plenty of its competitors.
One more thing to keep in mind to determine whether BitQS is legit is the fact that it has added the necessary trading disclaimers on the website, so they are not misleading users with jargon and false claims.
It can be a worthwhile idea to understand at least a little bit about crypto trading before signing up to a trading platform and putting your funds on the line. Firstly, one of the most important things to keep in mind is that the cryptocurrency markets are volatile, so fluctuations are to be expected and won’t always go your way.
When trading using the support of a brokerage and CFDs, you will be using a borrowed amount against a small margin of your own funds to place larger (or more frequent) trades – but just as the wins will be awarded across the full contract, so too will the losses. This means that you could end up losing more than you expected. You can practice risk management to help minimize the size of the hit you could potentially take. Of course, always start small, keep your budget in mind and never put forward more cash than you can afford.
As briefly mentioned above, the overall market is still unregulated in plenty of areas and this leaves room for scam websites to step into the fray with little restriction. It can be worthwhile to check security protocols to ensure your safety when transacting online.
This is a difficult question on one hand, but a simple one on the other. This is because there are simply so many providers out there right now and scammers have the ability to mask their shady dealings by copying more reliable platforms. The good news is that the BitQS trading software can be a significant asset to trading endeavours for individuals of all skill levels when used properly and when the right risk management is performed.
The choice should ultimately come down to your own research and needs, so always look at the services on offer, what features align with your preferred trading style and more (for example, BitQS only offers CFDs and you may not be looking to trade with these). There are pros and cons to BitQS and it does seem to be one of the more legit sites out there, with good customer support, state-of-the-art trading AI and brokerage support.
Once you have signed up, you can expect the AI software used by BitQS to scour crypto markets, determine the best trades and execute them in seconds. There are a host of parameters that can be set to suit your trading needs, so be sure to maximize your potential by selecting the right ones (but don’t forget to check in on them and adjust them if anything is functioning less than it should).
As with many crypto-based software and platforms, there is often talk of celebrity endorsements in the media that many take to be a notifying factor of legitimacy. Unfortunately, the fact is that there are no websites out there that have actually earned the support of big names like Elon Musk and Richard Branson, not even BitQS.
As mentioned above, with BitQS, you won’t need to have any prior experience when it comes to crypto trading as the site is beginner-friendly, offers a wealth of information about trading and facilitates both brokerage support (leveraged trading), automated endeavors and more, so you can simply get started with little collateral.
especially as many report to offer much more (which can be a sign of a scam). There is potential with any trading robot, but losses will be unavoidable as wins won’t happen 100% of the time.
As you will be assigned a professional account manager with BitQS, you will have access to personalized alerts, expert advice and more - and this can help to increase your overall potential when trading crypto.