Bitcoin Trader

Details

Broker Bitcoin Trader
Website URL https://ethereumtrading.pro/visit/bitcoin-trader/
Support Types Email , Phone , Chat
Minimum 1st Deposit $150
Minimum Account Size
Minimum Trade Amount $25
Bonus Start Investing
Free Demo Account Open Demo
Trading Currency Bitcoin , Ethereum , Ripple , Litecoin , E-krone , USD , EUR , GBP
US Traders Allowed No
Overall Score 82

Pros

  • Up to 80% Trade Accuracy
  • Robust Risk Management Systems
  • EU-based Broker

Cons

  • Black-box Trading Algorithms
  • No Mobile App

What is the Bitcoin Trader Robot?

Today cryptocurrencies became major investment asset class and their popularity is growing. The major price surge in Bitcoin, Ethereum and other altcoins back in 2017, attracted many individual investors who made good profits during the bull run. Cryptocurrency trading still presents a good opportunity to make money in volatile markets and thanks to development in technology, now even beginner investors can have access to automated investment tools such as trading robots. Bitcoin Trader is an automated trading system that allows investing in cryptocurrencies on autopilot. It is, essentially, a computer program that analyses the market 24/7 and makes short-term price moves prediction. The computer then executes trading orders on your behalf thus removing the human element from the investment process completely. You can, of course, adjust trading settings, and leave the trading robot to do the rest. Many individual investors report that they were able to create an additional source of income with automated trading and robots such as Bitcoin Trader. They claim they are able to generate at least $3,000-4,000 profit per month in moderately volatile market conditions. So is it possible to start investing in cryptocurrencies and make money with no prior experience? Can you automate the process and are trading algorithms reliable? We have completed this Bitcoin Trader review to answer these questions and provide an in-depth review of this crypto trading robot. 

Bitcoin Trader – Trading Robot Features

Trading robots such as Bitcoin Trader are designed to perform technical analysis on the market and predict short-term price moves in Bitcoin and other cryptos. The computer then takes a trading position and holds it for a very short time (seconds or minutes) and closes trading position as soon as profit target per trade has been reached. It is essentially a day-trading strategy that allows profiting from both up- and downward moves. The more volatile the price, the better, that is why cryptocurrencies make a perfect asset class for day trading. Bitcoin Trader typically makes a large number of smaller trades aiming to improve the trade accuracy.  Bitcoin Trader is also reportedly using AI and Big Data to improve its trading strategies and overall performance

Bitcoin Trader has an intuitive design and user-friendly interface with only the most important functionality on the dashboard. It makes Bitcoin Trader trading robot an ideal option for beginner investors with no prior experience. Once you adjust your trading settings, all you have to do is press auto-trade, sit back and relax. You can monitor your positions occasionally and adjust trading settings if required, but all the trading will be done by the algorithm.   

bitcoin trader robot review features

Another reason is why Bitcoin Trader has been extremely popular among individual investors is that it works in conjunction with the CFD broker. CFD, or Contract for Difference, is a popular financial instrument that allows you to bet and make money from the price moves without actually owning an underlying asset. When trading CFD, you only need to put enough money to cover the potential price move or spread, and not to pay the full price. With Bitcoin Trader, you can start investing in cryptocurrencies with as little as $25 per trade and $150 minimum deposit. While you only need to cover the spread, you can benefit from the full price upside and that makes Return on Investment with CFDs considerably higher. But it is also important to about risks involved and not to invest more than you are prepared to lose. 

CFD broker review

Bitcoin Trader works with a number of selected CFD brokers and will automatically connect you to the best available broker in your country. As we have been writing this Bitcoin Trader review from the UK, we got an account with the Quantom Capital, a CFD broker registered in the European Union. It is a specialist cryptocurrency broker that offers an advanced trading platform and a number of digital assets to trade. It also offers an elegant and easy to use trading platform and you can earn money through a systematic approach to cryptocurrency trading, with a trading bot such as Bitcoin Trader.  You will have access to state-of-the-art charting tools, fast trade execution, precision-based spreads, low margins, the intuitive and simple trading interface.  

bitcoin loophome review broker trading platform

How to Start Investing with the Bitcoin Trader?

So, what do you need to start trading Bitcoin, Ethereum and other cryptocurrencies on auto-pilot? First, you have to open an account with Bitcoin Trader. The account opening process can be completed in 3 easy steps

Step 1 – Open Free Account

All you have to do to register with Bitcoin Trader is to provide some basic details such as your full name, email and telephone number. You will receive a confirmation email and also a call from Bitcoin Trader client representative. Please make sure that you provide the correct number so you can finish the account set-up and deposit promptly. A Bitcoin Trader client representative will take you through the account opening process, will determine your trading experience and will help to deposit funds with the broker. You will need to complete the AML and KYC process with before you can deposit and withdraw funds but this should not take too long.

bitcoin trader robot review registration

Once you register with Bitcoin Trader, you will be able to log into the trading room. As you can see, the interface is very simple and easy to navigate. You can access a demo account to see how your trading might look like in real-time and also get an understanding of how automated trading works before investing real money.

bitcoin trader review trading dashboard

Step 2- Deposit Funds

As we mentioned before, in order to start trading you will need to deposit funds with Bitcoin Trader. You can transfer USD, EUR or GBP using Debit or Credit card, bank transfer, EFTpay or iPay payment systems. You can also use Bitcoin and Ripple to deposit funds with the broker. The broker account should be automatically connected to the Bitcoin Trader, and you finalise the account set up online or by speaking to one of the client service representatives.  

bitcoin trader review deposit funds

Step 3 – Adjust Trading Settings and Start Investing

As the last step, you will have to adjust the trading setting such as Trade Amount, Take Profit, Daily Take Profit, Daily Stop Loss, Maximum Daily Trades and Maximum Concurrent Trades. You can also choose which currency you want to trade, Euros or US Dollars. Once the deposit has been made and trading settings are defined, you can start trading. Press the Auto-Trade button and Bitcoin Trader will start trading via the CFD broker. You can monitor your positions regularly but you won’t have to do anything else to trade.

bitcoin trader robot review trading settings

For new users, Bitcoin Trader also gives an opportunity to test it’s trading strategy in the real-market environment with $1,500 in virtual cash. We have been traded for about one and a half hours and achieved $1,075 trading profit. We consider this to be a good trading result during moderate price volatility. We also think that it is possible to achieve up to $4K in profits per month with minimum investment and manageable risk. 

bitcoin trader robot review trading results

Can I Make Money with the Bitcoin Trader?

That is the question everyone is asking about cryptocurrency trading robots and in this Bitcoin Trader review, we will try to answer it. In general, automated trading is designed to profit from price volatility and trades can typically be open for a few seconds, minutes or sometimes longer. The more volatile the price is and the more often it goes up and down, the better for the traders. That means they can take many positions and profit even from small price swings. Given the price volatility of Bitcoin, Ethereum and other altcoins, cryptocurrencies make it a good place to make money and many individual investors are reporting good profits  All your crypto trading strategy has to do is make more winning trades than losing ones in order for you to make money. But you also have to remember, that it is not possible to make money in trading all the time, especially if the price is only decreasing. So it all depends on the trading algorithms and how the trading strategies are designed.

bitcoin trader review open free account

Automated trading strategies are the most kept secret in the investment community and usually not publicly disclosed. If everyone follows the same strategy, then competitive advantage disappears and it will become more difficult to make money. That is why most of the trading robots that are affiliated with the CFD broker do not disclose their trading algorithms.

It is reported that Bitcoin traders can make on average 1-2% profit a day or 25-30% monthly. A lot of it depends on the broker and the trading signals that they use. So we always suggest starting with relatively small amounts to test crypto broker and their trading algorithms. Once you get more comfortable with trading, understand how your strategy is performing and what the profit is, you can then top up your game and deposit larger amounts.

Is Bitcoin Trader Scam or Legit? Our Verdict

In the wild and unregulated crypto market, there is still a lot of shady market participants. You can hear about many scams and that people lost all their money on Bitcoin. That makes many people sceptical about cryptocurrencies. But it is important to remember that one of the main reasons for that happening is that people don’t educate themselves enough to understand how things really work. You can not expect to make a great fortune as a Bitcoin trader without taking any risk. As long as you understand the risks associated with trading in general, educate yourself and never invest more then you are prepared to lose, you can study and become good at cryptocurrency trading.

Our experience with Bitcoin Trader robot was positive and we have not seen any substantial negative reviews. There were some unhappy customers with the system glitches bot no one lost money and there were no scam reports. 

bitcoin trader review client testimonials

The only potential down-side about Bitcoin Trader is that its CFD broker is not regulated. However, we do not see it as necessarily being negative as many other CFD brokers who specialize in cryptocurrency trading are the same. It is important to remember that cryptocurrencies are the new asset class and not yet covered by the traditional financial regulators. As the industry matures, we will see more reliable market players entering the market and offering new and interesting solutions to the crypto world, At the moment, laws in many jurisdictions do not require crypto trading companies to be regulated, which helps the industry to develop and grow faster. It is important to remember that cryptocurrency trading is considered to be what is called “high-risk” money activity. Please don’t invest more than you are prepared to lose and always try to educate yourself to understand the market and trading platforms. 

Bitcoin Trader Robot Review – Conclusion

So what is our conclusion after completing this Bitcoin Trader review? This cryptocurrency trading robot is very similar to others such as Bitcoin Code, Ethereum Code and one of the most popular among individual investors. The trading platform is simple and easy to use and the account opening process is straight forward. Our experience with Bitcoin Trader was positive and we can recommend it especially to the beginner investors. 

The CFD broker seems to have a good and modern trading platform, appropriate security systems and fast execution speed. While it is not regulated, we have not seen negative reviews which give us additional confidence in this broker. Account opening and deposit process are easy, and you can start investing in Bitcoin pretty much immediately. It is also very easy to set up your trading strategy with no technical skills required.  

You can start investing with as little as $25 and adjust your trading strategy to risk appetite. But even with the moderate initial investment and risk controls, many investors are able to generate up to $5K in monthly profits that to Bitcoin Trader trading robot. Of course, you need to remember about the risks involved and not to invest more than you are prepared to lose. Bitcoin Trader offers stop-loss feature so you can always put your trading on hold if the market turns against you. 

We have not seen any negative reports or scam alerts and, based on our experience, can recommend Bitcoin Trader as a reliable trading robot. We would be also interested to hear from our readers about their experience and trading results. So if you used Bitcoin Trader before please send us a direct message or leave your feedback in the comments section below. We would love to hear from you! 

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