Bitcoin Code Bot Review
|Support Types||Email , Phone , Chat|
|Minimum 1st Deposit||$100|
|Minimum Trade Amount||$25|
|Free Demo Account||Open Demo|
|Regulation||CySEC Regulated Broker|
|Trading Currency||Bitcoin , Ethereum , Litecoin , Ripple , EUR \ GBP , USD|
|US Traders Allowed|
- Regulated CFD Broker
- Award-winning Trading Platform
- Trade 4 Major Cryptocurrencies
- No Mobile App
- Black-box Algorithms
What is Bitcoin Code?
Bitcoin Code is an automated trading system, or so-called trading robot, that allows to invest in cryptocurrencies on autopilot. Bitcoin Code trading software is analysing the market based on technical analysis, makes short-term price move predictions and also automatically places Buy or Sell orders to achieve profit on both upward and downward trends.
As we all know, cryptocurrency markets showed tremendous growth in 2017 and made many early investing in Bitcoin millionaires. After the price bubble burst, the Bitcoin price has recovered and is showing consistent growth. Now, many individual investors who want to start investing in cryptocurrencies can do this autopilot with the help of cryptocurrency trading robots such as Bitcoin Code, that we are going to cover in this Bitcoin Code review. The Bitcoin Code is an automated trading system that analyzes the market aiming to predict Bitcoin short term price movements. The trading robot also places orders and closes the position as soon as a profit target per trade has been reached. The trading algorithms of the Bitcoin Code are designed in such a way that you can profit when the price is going up or down. Generally, the more volatile the market price (i.e. when it is going up and down a lot) the better. Bitcoin Code trading strategy is aiming to make a large number of smaller trades on a daily basis and make a small profit on as many trades as possible. Of course, you can not expect to make a profit on each trade but if on average you have more winning ones then losing, you can close the day in profit.
Many people report that they are making $4,000-5,000 in passive income per month by investing in cryptocurrencies with trading robots such as Bitcoin Code. So we have completed this Bitcoin Code review to share our experience with this trading robot, demonstrate trading results and to find out if all this buzz around Bitcoin Code is worth it.
Watch Bitcoin Code Bot platform walk-through video
Bitcoin Code Bot Review
Bitcoin Code Trading Robot Features
Bitcoin Code main feature is that it allows you to invest in cryptocurrencies on autopilot. All you have to do is to open a free account, configure the main trading settings and start investing. One of the key advantages of Bitcoin Code trading platform is that it is very user-friendly and easy to use. You can also start investing with as little as $25 per trade and invest in Bitcoin, Ethereum, Litecoin and Ripple – the most popular cryptocurrencies. So what is Bitcoin Code and how does it work?
Bitcoin Code is a cryptocurrency trading robot analyzes the market and sends signals when to Buy or Sell cryptocurrency. It is also connected to the CFD broker and places trades automatically on your behalf. Bitcoin Code trading robot is performing technical analysis of the cryptocurrency market and aims to predict short term price moves of different coins. Bitcoin Code trading strategy works quite well in volatile markets, i.e. when prices go up and down a lot. Such market conditions present many opportunities allow to profit from both up and down price moves Bitcoin Code usually makes a large number of smaller trades holding the positions for a very short period of time (from few seconds to minutes). As soon as the profit target has been reached, the trading position will be closed. That allows Bitcoin Code to make a large number of trades and make a small profit on each (or most of) the trades which adds up to consistent returns over time.
Another key feature of Bitcoin Code is that it works with the CFD broker and therefore you won’t be exposed to the security risk of the crypto exchange. When trading Contract for Difference (or CFD), you won’t invest in the underlying asset and therefore don’t need to pay a full price. Instead, you only need to invest enough to cover potential price move of the underlying asset. With Bitcoin Code, you can start investing with as little $25 per trade and $100 minimum deposit.
Based on your geographical location, Bitcoin Code will connect you to the best available broker in your country. As we have been writing this Bitcoin Code review from the UK, we have been connected to the ETFinance, the CFD broker based in Cyprus and regulated by Cyprus Securities and Exchange Commission (CySEC). ETFinance operates an award-winning trading platform that allows you to invest in cryptocurrencies, forex, stocks, indices and other assets. It is also a regulated broker which is a big advantage as it means its business practices and capital base are constantly monitored by the financial regulator. As Bitcoin Code is connected to the CFD broker via API, it will automatically open you an account with the broker and will run all the trading for you. So if you don’t have any previous experience with the trading platforms, you can easily start investing with Bitcoin Code.
How to Start Investing with the Bitcoin Code Trading Robot?
It is very easy to open an account with Bitcoin Code and it can be completed in 3 easy steps.
Step 1 – Open Free Account
To open a free account with the Bitcoin Code, you have to provide your full name, email and phone number. Once you provide your details, Bitcoin Code will also automatically register you with the best available broker in your country and you will receive a confirmation email. Once your account is verified, a customer services representative will get in touch with you to help to finalise the account opening process. We found this to be quite helpful as the lovely lady from Bitcoin Code customer support also guided us through the platform and explained how it works.
Once you login into the Bitcoin Code trading dashboard, you will see that is it very user-friendly and easy to navigate. It only has the key settings but before you start investing you need to complete the next step.
Step 2 – Deposit Funds
In order to start investing with the Bitcoin Code trading robot, you first need to deposit some funds with the broker. You can transfer money via the bank transfer, debit or credit card or using other popular methods. You can transfer money in USD, EUR or GBP but before that, you will need to complete the KYC process to comply with regulations. You will need to provide a copy of your passport and proof of address to the broker but this process does not take too long (it was less than 10 in for us).
Step 3 – Adjust Settings and Start Investing
Once you deposit the funds, you are ready to start investing. But before that, you might want to review and adjust your trading strategy settings. You can set minimum Trade Amount, Take Profit per trade, Daily Stop-loss, Maximum Number of Daily and Concurrent Trades. You can also select which cryptocurrency pairs you want to trade. As we mentioned before, with Bitcoin Code you can invest in Bitcoin, Ethereum, Litecoin, Ripple and trade these most popular cryptos against EUR or USD.
Bitcoin Code also allows new users to test-drive its trading algorithms in the real-market environment with $1,5000 virtual cash. We have been trading on autopilot for about 45 minutes and have achieved $1,375 profit results with around 80% trade accuracy. While this might sound a lot for just 45 minutes trading, we have been placing larger bets, therefore, our profits were higher. But even with $25 minimum trade size, a small number of daily trades and low stop-loss, Bitcoin Code can achieve up to $4,000-5,000 in trading profits per month on a consistent basis.
Can I Make Money with the Bitcoin Code Trading Robot?
If you read cryptocurrency forums and discussions among the investment community, many people report that they are generating at least a few thousands of dollars per month in passive income with the help of Bitcoin Code trading robot. Our trading results can confirm that and, depending on your trading strategy and risk appetite, you can generate from a few hundred to a few thousand dollars per day in profit. Of course, you can not expect that you will make money all the time and trading robots such as Bitcoin Code perform not as good in strong upward or downward trends. But remember, with Bitcoin Code the goal is not to make a large profit on each trade but, on average, make more winning trades than losing ones on a daily basis. As these small profits add up and can become substantial over the longer period.
Is Bitcoin Code Scam Or Legit? Our Verdict
We have completed this Bitcoin Code review and our verdict that it is a legitimate trading robot and you can make money with it. It is affiliated with a regulated CFD broker which is a huge advantage, meaning that your investments are handled by the professional trading counterparty. Bitcoin Code is one of the most searched cryptocurrency trading robots on Google and many individual investors report positive trading results. Of course, every now and then you might read an unhappy customer, but such reviews are usually associated with technical glitches most of which are usually quickly getting fixed.
Bitcoin Code Review – Conclusion
After completing this Bitcoin Code review we can report that our experience with this trading robot was positive. Bitcoin Code trading robot is ideally suited for beginner investors, especially those who do not have previous experience in trading. You can start investing in cryptocurrencies on autopilot with as little as $25 per trade and make a profit from the Bitcoin price volatility.
This Bitcoin Code review won’t be complete without covering trading algorithms and signals. Unfortunately, the Bitcoin Code does not provide much information about the trading strategies it uses or how the algorithms work. Given that, we encourage you it starts with a smaller amount of money and tests the algorithms first before committing larger investments. But Bitcoin Code is affiliated with regulated CFD broker and that gives us more comfort that the investors’ money would be safe.
Bitcoin Code Bot Review
Bitcoin Code does not offer a mobile app but we don’t think it is a problem as all your trades are automated anyway and you don’t have to be in front of the screen all the time. However, it could be good to have access to your trading account on the go so we are hoping that the Bitcoin Code will introduce a mobile application soon.
We would be also interested to hear what experience our readers have with Bitcoin Code trading robot and what trading performance you have. Please send us a message with your feedback directly or share it in the comments section below. Happy trading!Visit Broker