Bitcoin Profit is a robot in crypto which promises to aid you in trading Bitcoin as well as other top cryptocurrencies to earn a profit. The company claims a win percentage of 85 percent and does not charge any charges for the use of its software.
So does that mean Bitcoin Profit a scam or legitimate? Find out through the following Bitcoin Profit report. Make sure you only invest money that you are able to afford to lose , and check out our other reviews of the most popular online trading systems that automate transactions.
Bitcoin Profit Summary
Are you unsure which of you’re unsure if the most effective Bitcoin robotics are the right choice for you? Let’s begin the review of our Bitcoin Profit review with an overview of all you must be aware of about this trading program:
|Supported Cryptocurrencies||BTC, BCH, ETH, LTC, BTG, ZEC, DASH, ETC, ADA, MIOTA, EOS, NEO, BNB, XRP|
|Claimed Success Rate||85%|
|Fees and Commissions||None|
|Withdrawal Time||All hours of the day|
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Crypto assets are a volatile , unregulated investment. Your investment could be at risk.
What is Bitcoin Profit?
Bitcoin Profit described as an automated crypto trading robot, also known as a “bot”. It is said to use the AI algorithm to detect trading opportunities within the cryptocurrency market and then act for you on their behalf. Bitcoin Profit can automatically open trades and close them in your trading account, and requires minimal or no manual intervention by traders.
Bitcoin Profit claims that around 85 percent of their trades are profitable in typical market conditions. It allows trading 24/7 with several dozen currencies. In addition, in our Bitcoin Profit review found that the platform does not charge transaction fees or account commissions.
Bitcoin Profit Pros & Cons
- 24/7 automated cryptocurrency trading
- High win rate, according to the Bitcoin Profit website.
- There are no account or licensing costs.
- Withdrawals within shorter than 24hrs
- Requires a $250 minimum deposit
- No mobile apps
Visit Bitcoin Profit
Crypto assets are a volatile , unregulated investment. Your money can be in danger.
How Does Bitcoin Profit Work?
Like other crypto machines, Bitcoin Profit works using an AI algorithm. The algorithm is private however, it has been honed over years of market data. It is capable of analyzing price changes in a tick-by tick basis. Additionally, it recognize price patterns that are most likely to indicate the direction of a movement.
If Bitcoin Profit’s algorithm detects any of these patterns, it initiates an account for you. Bitcoin Profit then continues to track the progress of the trade and ends the trade when the signal is gone or a profit threshold is met. The funds are returned to your account in addition to any earnings.
Bitcoin Profit monitors 14 cryptocurrencies in a variety of crypto-fiat and cryptocurrency trading pair. The platform is able to trade all hours of the day as its pattern-based algorithm detection is more efficient that any other human-powered trader. Based on Bitcoin Profit, around 85 percent of the trades algorithm-driven trades make are closed to make profits.
Bitcoin Profit Key Features
We’ll take a review of some of the platforms key capabilities as part of the Review of the Bitcoin Profit review.
Trading in 50+ CFD Markets
Bitcoin Profit is able to trade 14 different cryptocurrencies which include Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Bitcoin Gold, ZCash, Dash, Ethereum Classic, Cardano, IOTA, EOS, NEO, Binance Coin, and Ripple. Each of these cryptocurrency have a high volume of daily transactions and high volatility, which means there are numerous trading opportunities.
Instead of purchase and sell cryptocurrency direct, Bitcoin Profit trades crypto-fiat and crypto-crypto CFDs. It can, for instance, trade BTC/USD and BTC/EUR, Bitcoin/ETH, and many more. In total, Bitcoin Profit monitors and trades more than 50 CFDs.
Bitcoin Profit’s algorithm is able detect and execute trades in milliseconds, giving it an edge over the majority of human traders.
This is crucial as it allows Bitcoin Profit to trade even minor price changes for profit. The algorithm is active 24/7 which means that hundreds of profitable trades per day can make significant profit on your account.
Bitcoin Profit offers a demo trading option, allowing you to test the software without having to risk any money. This is a great way for novices to test Bitcoin Profit and determine whether it’s suitable for them.
It’s also important for more experienced traders since it permits users to test your Bitcoin Profit algorithm’s settings. You can adjust the amount of aggressive or conservative the algorithm operates under various market conditions and adjust it to maximize gains under extremely unstable or extremely stable conditions. Demo trading can be turned off and on easily by using the switch on your account.
Bitcoin Profit states it aims to make withdrawals in 24 hours. This is advantageous as it means your account is relatively liquid , meaning it’s easy to take a withdrawal and transfer money into another investment fast should you need to.
Bitcoin Profit Trading Platform
As per the Bitcoin Profit website, this crypto trading bot runs on an efficient and intuitive trading platform that is accessible through browsers for desktops and mobile. It’s also claimed to be fully integrated with MetaTrader 4 (MT4), one of the most popular trading platforms. It’s home to numerous advanced charting tools as well as charts.
Bitcoin Profit Fees
The Bitcoin Profit review found that Bitcoin Profit doesn’t charge charges for the use of its trading software. There is no cost for licensing or a subscription making use of Bitcoin Profit, and there is no commission on profits or trades. Bitcoin Profit is free.
Here’s a breakdown for all the charges we discovered in the review of Bitcoin Profit. Bitcoin Profit Review:
Is Bitcoin Profit a Scam?
We set out to answer an important question in the help of Bitcoin Profit review: Is Bitcoin Profit a scam? Bitcoin Profit claims to be an authentic service. This software is accessible for free and provides access to a cryptocurrency trading robot but offers only minimal details before making a deposit.
If you’re unsure you’re comfortable with Bitcoin Profit, you can begin trading in demo mode. It lets you test how the algorithm does under simulated market conditions, without risking funds on trades.
Bitcoin Profit Minimum Deposit
One thing to bear in your head one thing to remember is Bitcoin Profit does require a minimum amount of $250.
It’s also the capital investment Bitcoin Profit will use to trade on your behalf, and to grow the balance of your account. But, keep in mind that all trading involves risks and loss.
The initial deposit you make is yours to keep and you’re able to take it out at any time should you not be satisfied in your experience with Bitcoin Profit.
Bitcoin Profit Customer Support
Bitcoin Profit offers 24/7 customer assistance for its customers who are active. However, there’s no method to contact Bitcoin Profit’s customer service department before you sign-up and sign up for an account.
How to Use Bitcoin Profit
In this section of the Bitcoin Profit review we’ll explain how to begin using Bitcoin Profit in four simple steps should you decide to take the plunge.
Step 1: Sign Up for Bitcoin Profit
Go to the Bitcoin Profit website. You must enter your name, email and number to sign up. Additional instructions will be sent by email.
Step 2: Deposit Funds
You must make the initial payment of $250 to finish the process of opening your account. Payment options include debit and credit cards, bank transfer, and electronic wallets like Neteller or Skrill.
Step 3: Practice using Demo Trading
You should now be able to access Bitcoin Profit’s trading platform. Begin in demo mode so you are able to see how the platform functions and play around with the settings for the algorithm. This will allow you to test the way Bitcoin Profit performs and whether it’s right to your.
Step 4: Activate Live Trading
When you’re done to start live trading. Switch on the live trading feature within your account then Bitcoin Profit will automatically begin trading live using the funds you have in your account for trading.
According to their website, Bitcoin Profit can trade more than 50 crypto CFDs at a the highest win rate. If you’re looking to purchase Bitcoin CFDs, Bitcoin Profit is a good option to think about.
Bitcoin Profit itself is free to use, however the platforms it operates on might charge fees for trading as well as Bitcoin network transfer fees for withdrawals. We suggest that you use the demo account to begin with a small amount of money and experimenting with withdrawals early in order to ensure that whether the Bitcoin Profit platform functions as stated. The majority of crypto trading bot software is not regulated.
Check out our complete guide to automated trading platforms to find some Bitcoin Profit alternatives. Our top recommendation from this guide is the one that is automated (in in the shape that of the copytrading) through an exchange which provides greater detail regarding backtesting, and offers a lower deposit of $10 to $50, depending on the location.