|Support Number||Email | Phone | Chat|
|Minimum 1st Deposit||$100|
|Minimum Trade Amount||$25|
|Free Demo Account||Open Demo|
|Trading Currency||Bitcoin , Ethereum , Ripple , Litecoin , USD , EUR , GBP|
|US Traders Allowed|
- Good for Beginners
- Trade on Autopilot
- Easy to Set up
- No Mobile App
- Black-Box Algorithms
Today, everyone has heard about Bitcoin and the spectacular returns it has delivered to its early investors and no surprise it has become the most profitable asset class in modern history. Even a few years ago, many considered Bitcoin to be an esoteric investment and only available to professional traders but today many cryptocurrencies became as popular as stocks and shares. You can buy Bitcoin, Ethereum and other altcoins on many crypto exchanges, CFD brokers or peer-to-peer transactions. But one of the main questions remains the same – can I make money investing in Bitcoin in these volatile markets? While professional trading requires skills and experience, thanks to recent developments in technology we now have an ability to invest in Bitcoin on autopilot thanks to automated trading systems, or trading robots. The Bitcoin System is one of such trading robots that has been particularly popular in the UK and EU countries. It allows you to invest in Bitcoin on autopilot with as little as $25 per trade generating passive income. Sounds too good to be true? Still not sure if Bitcoin System scam or legit? That is why we completed this Bitcoin System review to answer this and many other questions.
Bitcoin System Trading Robot Features
When it comes to most trading robots and the Bitcoin System in particular, one of their main features (as you could have guessed) is that allows you to invest in cryptocurrencies on autopilot. Bitcoin System is essentially a computer program that is run on algorithms, that analyses cryptocurrency market and price charts 24/7. Based on technical indicators and signals, the Bitcoin System algorithm aims to predict short-term price moves and places trade order on your behalf. Usually, the Bitcoin System holds trading positions for a very short period of time, from seconds to minutes, and closes trading positions as soon as profit targets per trade have been reached. So such trading robots aim to make a large number of small trades and every time pocket small profit, which can add up to quite substantial sums over time with many investors reporting 40-50% monthly profits. The Bitcoin System trading robot will work well during market volatility and can make money both in rising and declining markets.
Another distinct advantage of the Bitcoin System is that it works in partnership with most popular CFD brokers and that means you will be investing in Bitcoin with a CFD, or contract for difference. With CFD, you don’t need to buy the whole underlying asset but only need to put enough money to cover the potential difference in price, move, or spread. So with Bitcoin System, you can start investing in Bitcoin with as little as $25 per trade but still keep the full price upside. When registering with the Bitcoin System trading robot, you will be automatically connected to the most suitable CFD broker depending on your country of residence, so you don’t have to worry about that.
As you can see, the Bitcoin System trading robot is suitable for the absolute beginner investors who don’t have any prior trading experience. With the Bitcoin System, you can start investing in cryptos in a matter of minutes. The low minimum investment amount also attracts many investors who otherwise would not be able to invest in this asset class. So, are you interested to find out how to join these successful crypto investors?
How to Start Investing with the Bitcoin System Trading Robot?
As we mentioned before, you can open an account with the Bitcoin System and start trading in a matter of minutes. All you need to do is complete these 3 easy steps…
Step 1 – Open Account
To open an account with Bitcoin System, all you need to do is provide your name, email address and telephone number. As soon as you verify your email address, you will be able to log into the Bitcoin System trading dashboard. You will also get an account with CFD broker automatically opened and a customer service representative will contact you to help with the final account set up.
Ste 2 – Deposit Funds
Before you can start investing, you will need to fund your account with a broker. You can use USD, GBP or EUR and transfer money via bank transfer, credit or debit card, PayPal or number of other methods. Depending on your payment method the funds can be on your account in a matter of minutes or days (in case of bank wire). You will also need to complete the KYC process with the broker to comply with the regulation. For that, all you need to do is submit a copy of your passport and proof of address.
Step 3 – Adjust Settings and Start Auto Trading
As a final step before you can start investing, you can adjust settings to customise your trading strategy. You can choose the minimum size per trade, set daily stop-loss and daily take profit parameters. You can also specify profit per each trade as well as a maximum number of daily and concurrent trades. You can also select which cryptocurrency you want to invest in such as Bitcoin, Ethereum, Litecoin and Ripple, as well as fiat currency pair (EUR or USD). And that is it. Once your trading strategy is set up all you have to do is press the Start Auto-Trading button, sit back and relax.
Can I Make Money with the Bitcoin System Trading Robot?
This is the million-dollar question that many of our readers keep asking. Can I make money with trading robots such as the Bitcoin System? If so, what profit can I expect?
The good news is that to help you to answer this question, the Bitcoin System allows you to trade in a real-time market environment with $1,500 virtual cash. In that way, you can test-drive trading algorithms first before risking any money. We have also used this opportunity and run a moderate risk trading strategy for about 3 hours. The trade accuracy was pretty good and we managed to achieve 78% of profitable trades. The trading profit was $$1,025 after 3.5 hours of trading which we consider to be very good results.
We have also checked other reports on the internet to find out what other investors are saying about the Bitcoin System. Many of the active day-traders were reporting profits of up to $10k per day while others, more passive ones, were able to achieve up to $2k-3k in daily trading profit. While these results seem to be very good, we also urge you to remember about potential risks involved. Take your time to study the strategy and start investing with smaller amounts first. Once you feel more comfortable and familiar with the trading strategy you can commit additional capital.
Is Bitcoin System Trading Robot scam or legit?
After completing this Bitcoin System review, we can report that we consider it to be a legitimate trading software. First, Bitcoin System works with a number of CFD brokers which are automatically matched depending on your country. The account opening process was smooth and our account was funded in a matter of minutes. The broker’s customer success manager was also very helpful to guide us through the account opening process and we were satisfied with the user experience. We have also done some research and looked for customer reviews on the internet. It is not almost possible to find a company that everyone is happy with, and the Bitcoin System is no exception. There were some people who found support slow in times of peak market activity and some complained that bank transfers could take up to 5 days. But overall, we have not seen any scam reports and investors generally were satisfied with their trading results.
Bitcoin System Review – Our Verdict
We have reviewed the Bitcoin System which is one of the newest trading robots available on the market and can report that we had a positive experience with this trading platform. The Bitcoin System has a modern and user-friendly design and easy to navigate trading dashboard. You can start investing in Bitcoin with as little as $25 per trade via professional CFD brokerage platform. And you can do all that on autopilot even when you sleep. Many investors report that they are able to generate at least $2-3k in weekly trading profits only running trading algorithms for a few hours a day (and you don’t have to be in front of your screen during that time as well!). That is why it is so popular among beginner investors who are the main driver behind the popularity of trading robots such as the Bitcoin System.
This Bitcoin System review won’t be complete if we also don’t mention potential drawbacks of the Bitcoin System trading robot. Some more experienced and professional traders complain that the investment universe is only limited to 4 major cryptocurrencies and 3 fiat currencies. There is also very little customization with regards to the trading strategy. While you can set minimum trade amount as well as a stop loss and profit targets, you can not choose which signals you want to trade and what technical indicators to use. So Bitcoin Systems might not be ideal if you are looking for more customizable trading strategies. But if you don’t have much investment experience but want to take advantage of this highly profitable asset class and start investing on autopilot = Bitcoin System might be an ideal solution for you.