Crypto Cash Review
Crypto Cash Review
- Passive Income Opportunity
- Start Investing with $25
- 75% Trade Accuracy
- Cutting Edge Trading Platform
- Good for Beginners
- Specialist Crypto Broker
- No Mobile App
- Only 4 Cryptos
- Undisclosed Algorithms
What is Crypto Cash Trading Robot?
Since cryptocurrencies gained popularity back in 2017 with Bitcoin price surging more than 1,900% at one point, many individual investors have made good money in this highly volatile but profitable asset class. There is a number of platforms available to cryptocurrency traders and one of the most popular among beginners are trading robots such as Crypto Cash. Trading robots or automated trading systems, are computer programs that trade financial markets, such as crypto or others, on autopilot. By using computer-generated signals, trading robots execute trades on your behalf and can analyse markets 24/7. Many people report that they were able to create additional passive income streams using automated trading systems such as Crypto Cash. So is Crypto Cash scam or legit? Can I make money with crypto trading robots such as Crypto Cash? We have completed this Crypto Cash review to find out how this trading robot works, what features it has and what is the trading profit potential.
Crypto Cash Trading Robot Features
Crypto Cash is a cryptocurrency trading robot that allows you to invest on autopilot and generate passive income. By using technical analysis, Crypto Cash algorithms aim to predict the short-term price moves and place Buy or Sell signal accordingly. Crypto Cash trading strategy is designed to profit from the price volatility, meaning that profit can be made when the price of Bitcoin is going up or down. Crypto Cash opens a large number of trades and holds trading positions for a very short time such as seconds or minutes. As soon as the profit target is reached for each trade, the computer algorithm closes the trading position. Trading robots such as Crypto Cash make a small profit but from a large number of trades, and the more consistently this is achieved the better.
One of the main advantages of Crypto Cash trading robot is that it is ideally suited for beginners, those who do not have previous experience in investing. Crypto Cash trading system is simple and easy to use. You can open an account in a matter of minutes and will be trading shortly after. Crypto Cash allows you to invest in Bitcoin, Ethereum, Litecoin and Ripple and trade these cryptos against USD or EUR.
Crypto Cash Review
When you invest in cryptocurrencies with Crypto Cash trading robot, you do so via an affiliated CFD broker. Depending on your geographical location, Crypto Cash will automatically connect you to the best available broker in your region. As we have been writing this review from the UK, we have been connected to the UproFX, CFD broker registered and operated out of Tallin, Estonia.
The advantage of trading cryptocurrencies with CFDs, compared to the cryptocurrency exchange, is the minimum required investment. With UproFX, you can start investing in cryptos with as little as $25 per trade and a $100 minimum deposit. As you may know, when you trade CFDs you don’t buy an underlying asset and therefore don’t have to pay a full price (and lock the money). Instead, all you have to invest is enough money to cover the potential price move (or the spread), that is why it’s called Contract for Difference (or CFD). While the initial investment is low, you will still benefit from the full price upside and your return on initial investment becomes much higher. With CFD broker you are also not exposed to the security risk and potential hacker attacks as crypto exchanges.
Crypto Cash works very well together with the CFD broker and has a number of clear advantages.
How to Start Investing with Crypto Cash Trading Robot?
As we mentioned before, Crypto Cash is one of the trading robots that is ideally suited for beginner traders. First thing you have to do to start investing in cryptocurrencies with Crypto Cash is to register an account.
Crypto Cash Review
Step 1 – Open Free Account
You need to register with Crypto Cash by providing your full name, email address and telephone number. By registering with Crypto Cash, you will automatically open an account with the CFD broker so you don’t have to go through this process twice. Upon registration, you will also be contacted by Crypto Cash client services representative to help you through account opening process. We found this very useful as a friendly lady from Crypto Cash also helped us to resolve some minor technical issues very promptly.
Once you verify your email, you will be log into the Crypto Cash dashboard and start investing. As you can see, it has a user-friendly interface and you should be able to navigate between main areas with no problems.
Step 2 – Deposit Funds
Before you start investing with Crypto Cash you will need to deposit money with the broker. You can use debit or credit card, bank transfer or a number of other popular payment methods. You can deposit funds in USD, GBP or EUR and the whole process is very fast. You will also need to complete the KYC process with the broker by sending a copy of your passport and proof of address. That is required to comply with all the necessary financial regulations.
Step 3 – Adjust Settings and Start Investing
Once your funds have been cleared you are ready to start investing. But before that, you might just want to adjust some key trading settings to suit your strategies, such as Trade Size, Trade Profit, Stopp Loss, Daily Take Profit and Daily Stopp Loss, Maximum Number of Concurrent and Daily Trades. You can start investing with as little as $25 but the ticket sizes per trade can be considerably higher to suit investors with different risk appetite. You can also choose which currency pairs you want to trade – Bitcoin, Ethereum, Litecoin, Ripple versus USD or EUR.
One useful feature that Crypto Cash has, is the ability to test it’s trading strategy in a demo account. Crypto Cash trading robot provides new users with $1,500 in virtual cash so they can run demo trades in a real market environment. We have been running this trading account for about 2 hours and have achieved $1,075 trading profit with around 70% trade accuracy. We consider this to be a decent result taking into consideration we have been trading only with $25 per ticket.
Can I Make Money with Crypto Cash Trading Robot?
Many of you would be interested to know what trading result it is possible to achieve with trading robots such as Crypto Cash. If you look at forums dedicated to investing in cryptocurrencies, many users report that they are able to generate consistent passive income thanks to this software. Average profit reported being around $3,000-3,500 per month during relatively stable market conditions. Of course, you can not expect that Crypto Cash will make you money all the time. As we have seen during our trading session, about 30% of our trades lost money. But Crypto Cash trading robot removes the emotional element and strictly follows its trading strategy. Please also remember about potential risks involved when investing in cryptocurrencies. Don’t invest more than you are prepared to lose, take time to learn the markets and your trading strategy, start slow and only increases takes when you feel more confident.
Is Crypto Cash Scam or Legit? Our Verdict
After completing this Crypto Cash review, we can say that it is a legitimate trading robot. Crypto Cash has a simple yet robust trading algorithm and powerful platform. It is associated with the UproFX, a specialist cryptocurrency broker registered and operated in Estonia, in the EU. While the broker is not regulated we don’t see it as a major problem as cryptocurrencies are not yet in the regulated environment. We have not seen Crypto Cash being mentioned in any negative reviews or scam reports, only minor complains from the customers about occasional technical glitches. All in all, we consider Crypto Cash to be a reliable cryptocurrency trading robot that is worth giving a try.
Crypto Cash Review
Crypto Cash Trading Robot Review – Conclusion
As this Crypto Cash review shows, our experience with this trading robot has been pretty positive. The Crypto Cash trading dashboard is very easy to understand and navigate, and only has the most important settings. We also quite liked UproFX broker’s trading platform, it offers institutional-grade execution capabilities and trading speed, robust trading strategy and very low minimum entry barrier. Crypto Cash is ideally suited for beginners who can start investing with as little as $25 per trade and $100 minimum deposit. During our 2-hour trading session, we managed to achieve $1,075 profit with 70% trade accuracy which we consider to be a good result.
While you can only invest in 4 major cryptos, they still offer you a good exposure to the whole market and also remain the most liquid. Crypto Cash does not have a mobile app which can be inconvenient for those who are constantly on the go. But we were informed that they are working on the suite of mobile applications so that should be hopefully coming soon.
Crypto Cash Review
So that is the end of our Crypto Cash review. We would be delighted to hear from our readers about their experience of investing in this trading robot. How was your experience with Crypto Cash trading robot? What were your trading results? Please send us a direct message or leave your feedback in the comments section below. We look forward to hearing from you!