xBitcoin AI Review 2023: Is It a Scam or Safe Platform?
Last Updated on
As the cryptocurrency niche continues to grow, evolve and provide an array of opportunities for traders worldwide, it’s now more important than ever before to make use of all the available information and tools out there to ensure the best possible results. As more and more individuals are selecting digital currencies for their investment endeavours, trading robots can be a worthwhile way to not only improve the chances of making successful trades, but they can offer insights, security and more. With this in mind, let’s take a look at everything you need to know about xBitcoin AI.
xBitcoin AI – a quick overview
At a glance, it can be difficult to define the differences between all the trading bots on the market and decide which is going to be a worthwhile selection. xBitcoin AI is one of 2023’s emerging platforms, so you may be weighing up the pros and cons before signing up. Here is a quick overview of what you can expect from this platform, before getting a more in-depth look at the features:
- Advanced AI allows traders to automate their transactions for a more simplified experience that minimises the time and effort spent when trading manually
- This platform is secure and offers fraud protection for users
- There is an array of user-friendly features provided by xBitcoin AI that make it worthwhile for both beginner traders and experts alike
- There are no daily limits on trades and users can invest as little as $250, right up to $250,000
- xBitcoin AI is the first software to use innovative neural networks to make its predictions for market trends, improving decision times and anticipating impactful changes – and this is not a feature that many of the popular bots provide
- With its own, unique blockchain technology, users have access to a secure network that offers the potential for scalability
- A wide variety of digital assets for traders and investors to get involved with, including both crypto and fiat currencies, as well as precious metals and more
Important information about xBitcoin AI
xBitcoin AI is a collaborative project, developed between a team of expert traders and skilled system traders to bring top-level functionality that simply performs. The resulting platform helps to increase users’ chances of making worthwhile transactions with little fuss, input and expense. You will be able to track price movements, scan trading opportunities in a matter of seconds, access a range of educational materials and more.
Two of the most prevalent features are the demo account (this will allow you to get to grips with everything the platform offers before you put your money on the line) and the fact that each currency has its own ‘learning center’ that provides essential trading information alongside charts, insights and relevant, up-to-date news.
How do you start trading with xBitcoin AI?
The good news is that xBitcoin AI trading bot has been designed to be easy to use and minimise the pain points that many users experience with other trading robots, but you may find registration a little frustrating when compared to its counterparts. For many trading bots, all you’ll need to do is create an account, deposit and get started, but this platform works a little differently. Here are the steps you’ll need to take:
1. Go to the xBitcoin AI official website
Here you are required to fill out a registration form and wait to be contacted by an account manager.
2. Fund your account
Once you have been assigned an account manager and your submission has been accepted, it’s time to fund your account. There is a minimum deposit fee of $250 and while this may sound high, it’s the standard amount for most trading robots.
3. Wait for a prompt
Your account manager will ask you whether you want to use their expertise to perform trades on your behalf or use the software instead. This decision should be made with your preferences in mind.
4. Begin trading
Be sure to start off with the demo feature to familiarise yourself with how tje xBitcoin Ai trading software works. Once you’re confident, you can start setting your trading parameters and get underway. While the automated software can do the hard work for you, it’s wise to check in on your account every now and again to ensure everything is functioning how you’d expect.
The features of xBitcoin AI
While all automated trading software tends to offer similar features, xBitcoin AI does have some aspects that set it apart from the competition, such as:
Cross-device compatibility
One of the features that many traders find lacking in their software is the fact that many don’t support mobile functionality. The good news is that this platform can be used online via smartphones, tablets, laptops and desktops.
Affordability
The platform is free to use and has no transaction fees, premium services, or commissions on deposits, making it a worthwhile choice for those who want to maximise their profit potential.
Educational materials
We touched upon the fact that the xBitcoin AI trading software has a host of relevant, targeted educational materials for traders of all calibers, but it’s important to outline the fact that users have access to blogs, Youtube videos, podcasts, training manuals, eBooks, online seminars and even workshops, so that you can learn all you need to know in one place. There is also the option to consult with financial experts, but this does come with a fee.
Comprehensive customer service
There are multiple ways to contact customer service if you need assistance. For one, the extensive educational materials will provide help when you need quick answers, but if this isn’t enough, you can use the live chat function, file a support ticket with the customer service team, or submit an online application along with your email address.
Security
xBitcoin AI features a high standard of encryption software to safeguard users when trading. You can be confident that it also complies with global data privacy regulations, the site has all the correct SSL certificates and has fraud protection.
How trustworthy is xBitcoin AI?
Unfortunately, there are many scam websites out there making bold claims about their software and ability to make traders significant amounts of cash. On the face of it, xBitcoin AI doesn’t seem to be one of them. Here’s why:
- There are no claims boasting how much you can make
- xBitcoin AI is affiliated with licensed, reliable brokers only
- You can enjoy trading without worrying about hidden fees or last-minute charges and the platform is free to use. Many scam websites will try to get you to part with your hard-earned cash at every available opportunity, so this lends to its credibility
One of the best things you can do is your own research and a great place to start is with third-party reviews. Be sure to learn all you can from reputable review websites, but also try to find testimonials from real users to get a more well-rounded view.
The benefits of using xBitcoin AI
There are so many attractive attributes to the xBitcoin AI trading tool, so here’s a quick look at the overall benefits:
- It offers an array of tools and resources for all traders, regardless of skill level
- It has one of the more extensive payment method lists on the market (including PayPal, Skrill, Neteller, Union Pay, Webmoney and more)
- The UI was designed to provide fast, uncomplicated interaction with the site
- Free demo account
- Access to reputable brokers
- No fees
- Available in all countries except the US
- Fast transactions (typically within 24 hours)
- Transparent trading
- xBitcoin AI supports a host of assets, including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and more
Are there any downsides to using xBitcoin AI
As with any AI software, while it can be a useful tool to automate trading and can take the pressure off of individuals who may fall victim to emotional trading decisions, it isn’t infallible. Trading robots can still make mistakes, so keeping a regular eye on how it’s performing and your parameters and account in general can help to ensure everything is running smoothly.
At the same time, it can be important to remember that no tools or software will be able to guarantee wins on every single trade. Losses are as common as profits, but software can help you to make better decisions overall. When putting your money on the line, you will still have a responsibility to be active in your endeavours.
Many of the brokers on xBitcoin AI offer leveraged trading and as this can have its own pros and cons, be sure to understand what it entails before getting started. One of the biggest downsides is that you won’t be able to select a broker yourself, as the platform will automatically assign one to you.
Worthwhile tips for new traders
Are you new to trading? Here are our top tips when getting started with xBitcoin AI:
- Aside from using the demo trading feature, it can be a good idea to familiarise yourself with a host of trading strategies before getting started. Some will perform better on xBitcoin AI than others and it can be important to define your trading style without risking your finances.
- Don’t put in more than the initial deposit amount when you start trading to ensure you don’t spend more than you can afford. Once you have had some success and built your confidence, you can begin to increase the amount you can comfortably afford.
- Research is key before starting your trading journey, so be sure to do your due diligence before depositing anything. xBitcoin AI may have a host of great features and tools, but nothing is guaranteed so the more you safeguard yourself, the better.
- Diversify your portfolio to maximise your chances of making a profit. When you limit yourself to one cryptocurrency, you’ll be impacting your ability to make use of the price movements in a host of markets. As xBitcoin AI offers a good range of coins and investment opportunities in one place, why not make the most of them?
- Crypto is volatile, so always practice caution when getting involved with leveraging and when setting up your trading parameters. The promise of profit can sometimes get the better of you, but it is just as important to minimise losses as it is to maximise gains.
Final verdict; Is xBitcoin AI legit?
There is a lot to love about xBitcoin AI; from the fact that it is free to use and has no fees, to the array of tools on offer. It has one of the most extensive libraries for relevant information and assistance – and users can interact using a host of mediums (which can be especially worthwhile for those who prefer more interactive learning than simply reading).
While it can be a good selection when compared to other bots on the market, remember to do your research and always practice caution when putting your money on the line. Losses are as likely as profits as cryptocurrencies can be volatile, so always practice trading first, set solid parameters and never put forward more than you can afford.
xBitcoin AI FAQ
How does xBitcoin AI work?
This platform uses a combination of expert knowledge, artificial intelligence and smart technology to scan financial markets and decipher the best possible trades. It will collate important information like historical data, price shifts and more to determine the most logical, profitable transactions.
Who are the founders of xBitcoin AI?
This platform has been designed and developed by a team of trading experts with the main aim of providing simple, easy-to-access software for traders of all skill levels.
What currencies are available on xBitcoin AI?
You can find cryptocurrencies like Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple and more, as well as other types of investment models like stocks and CFDs.
Does xBitcoin AI have a mobile app?
The good news is that xBitcoin AI does have mobile functionality and can be used across an array of devices. Not all trading robots boast this feature, so users will have the additional capability of trading on the go, from anywhere in the world. This also means that you will have access to financial markets day and night, so your efforts won’t be limited.
