|Support Types||Phone , Email , 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|
- Top Performance
- Fast Trade Execution Speed
- Profitable in any Market Conditions
- No Mobile App
- Limited number of cryptos
What is Crypto Genius Trading Robot?
Over the last 2 years, Bitcoin, Ethereum and other cryptocurrencies went from being obscure to a highly popular new digital asset class making thousands of people millionaires on the way. The phenomenal growth in Bitcoin price at the end of 2017, more than 1,900% in a matter of months, attracted the attention of many individual and professional investors, entrepreneurs, software houses and trading venues. While there is a large number of options available to professional cryptocurrency investors, many people who do not have investing experience are also wondering how they can also start investing in this new digital asset class. In this Crypto Genius trading robot review, we are going to explain how beginner traders can start investing in cryptocurrencies on autopilot and generate passive income.
Crypto Genius robot is an automated trading system that allows investing in cryptocurrencies on autopilot and profit in both rising and declining markets. Crypto Genius trading algorithms analyse markets 24/7 and provide trade recommendations for buy and sell orders. The computer program can also execute orders on your behalf, and run automatic trading so you don’t have to sit in front of your computer all the time.
Many investors are reporting that they generate up to $6,000 per month in passive income from trading cryptocurrencies. Is it too good to be true? Is Crypto Genius a scam or legitimate trading software? We have completed this review specifically to answer this question so read further to find out.
Crypto Genius Trading Robot Features
First, let us explain how trading robots such as Crypto Genius work. Crypto Genius is a trading software that runs technical analysis by analysing the market and price charts. It does not make long term predictions but analyses short-term trends and predicts the price moves based on technical indicators. It then sends Buy or Sell order to the trading venue which could be cryptocurrency exchange or the broker. The way cryptocurrency trading robots such as Crypto Genius make money is by placing a very large number of small trades on a daily basis and holding the trading positions for a very short period of time (from a few seconds to minutes). The goal is not to make as much money as possible on every single trade but to make more profitable trades than losing ones consistently on a daily basis. Also, trading robots such as Crypto Genius benefit more from the price volatility (when the price is going up and down a lot) and less from the one-directional upward or downward trends.
For many years, automated trading has been very popular among individual investors especially that trading Forex and currency markets. Now, cryptocurrency investors can take advantage of the trading strategies and systems that were previously used by professional traders and benefit from it.
One of the key features of the Crypto Genius trading robot is that it is very easy to use and start investing. If you don’t have any experience in investing or trading but still want to make money from cryptocurrencies – Crypto Genius is a perfect fit for you.
Another advantage is that you need very little initial capital in order to start with Crypto Genius. The minimum deposit starts with $100 and you can start investing with as little as $25 per year trade but still benefiting from the full price upside. So how does that possible? The answer is simple…
Crypto Genius is connected to the CFD broker which means all your trades are sent and executed by the broker. With CFD broker, you don’t invest in the underlying asset (which requires capital commitment) but only need to put enough money to cover the difference in price move (or spread). That is why it is called Contract for Difference. Because you need to put very little money in each trade but still benefit from the full price upside the Returns of Investment (ROI) are considerably higher. Of course, not every trade will be profitable and you should expect that you can lose money as well. But you don’t have to lock in a large amount of money that will be tied up to the value of the underlying asset.
As we mentioned, Crypto Genius works with a number of CFD brokers and depending on your geographical location it will connect you to the best broker available in your jurisdictions. As we have been writing this review out of the UK, we have been connected to the EL Currency, a specialized cryptocurrency CFD broker registered in the Marshall Islands and operated out of Scotland. EL Currency offers 4 types of accounts such as Silver, Gold, Diamond and VIP, and provides an advanced cryptocurrency trading platform.
Some of the other popular trading robots are Bitcoin Evolution, Bitcoin Code, Bitcoin Revolution, Bitcoin Trader and 1K Daily Profit which we covered in other reviews.
How to Start Investing with Crypto Genius?
So what do you need to start trading with the Crypto Genius trading robot? As we mentioned before, even if you don’t have any experience in trading, it is very easy to open an account and you can be up and running in a matter of minutes. It all is done in 3 easy steps…
Step 1 – Open Free Account
First, you need to register with Crypto Genius by providing you full name, email address and telephone number. As soon as you register, you will be able to log into the Crypto Genius trading room. Once you register an account, a customer service representative from Crypto Genius and it’s CFD broker will give you a call to help with the account final set up so make sure there are no spelling mistakes in your contact details. We found this feature to be quite helpful which also saved us some time. You also don’t have to register with CFD broker twice as Crypto Genius will also automatically open your account with the broker.
Step 2 – Deposit Funds
Before you can start investing in Bitcoin, Ethereum and other cryptos, you will need to deposit some real money into the account. You can deposit funds using debit or credit card, bank transfer or a number of other popular methods and payment systems. You can deposit funds in USD, GBP or EUR. To comply with regulations, you will also need to complete Know Your Client (KYC) with the broker by sending a copy of your passport and proof of address. But this process should not take too long and we were up and running in a matter of minutes.
Once the funds are cleared on your account, you are ready to start trading. Before that, you might need to adjust key settings such as Trade Amount, Daily Take Profit, Trade Stop Loss, Daily Stop Loss, Maximum Number of daily and Concurrent Trades. You can invest in Bitcoin, Ethereum, Ripple and Litecoin – the main and most liquid cryptocurrencies. As you can see, the trading settings could vary and can accommodate pretty much any trading strategy, from super conservative to very aggressive one.
One thing you can do before investing real money and to test the Crypto Genius trading algorithm is to trade with a demo account. Crypto Genius gives you $1,500 in virtual cash and you can simulate a real trading environment. We have been running a demo trading account for about two hours and made $1,375 profit with around 75% trade accuracy. Once the trading strategy starts running, we didn’t have to be in front of the screen and only returned when our trial ended.
Can I Make Money with Crypto Genius Trading Robot?
This is the most popular question our readers are asking and the general answer is Yes. Many individual investors are reporting that on average they can generate 2-3% in daily profits or 30-40% per month. Many investors are reporting that they are taking up to $6,000 in passive income per month by investing with the Crypto Genius trading robot. However, the trading results will depend very much on the market conditions, price volatility, your risk appetite and trading strategy. It is also important to remember that investing is considered to be high-risk money activity and you can also lose money. We always recommend starting small and not to invest more than you are prepared to lose. But we were happy with the trading results on a demo account and the trade accuracy of 75% was pretty good as well.
Is Crypto Genius Scam or Legit? Our Verdict
After completing this Crypto Genius review, we can conclude that this is a legitimate trading robot and you can generate profit with it in most market conditions. It offers a solid trading platform and gives you the ability to invest in most liquid cryptocurrency assets. While EL Currency broker is not regulated, we find that not to be much of a problem as the crypto space is not regulated in general as well as all other market players. We also have not seen any negative or scam reports from its users which is also a good sign.
Crypto Genius Review – Conclusion
Overall, we had a positive experience with Crypto Genius and can recommend this trading robot as a reliable partner. As demonstrated in demo trades, it’s trading algorithm works well and provide a good trade accuracy. One of the main advantages of Crypto Genius is that is very easy to use and you can start investing with as little as $25. That makes it an ideal platform for beginner investors who do not have much experience in trading.
Some users complain that you can only invest in 4 cryptocurrencies with Crypto Genius but we don’t see it as much of a problem. Bitcoin, Ethereum, Ripple and Litecoin remain the most liquid ones and can give you good exposure to the cryptocurrency market. Crypto Genius also does not have a mobile app which some users find inconvenient but as you will be running your trading on autopilot you won’t have to check your screen too often, so we don’t see it as a major problem as well.
But all in all, the trading strategy worked well and we managed to achieve $1,375 profit just over 2 hours trade. We can imagine that if it performs consistently on such basis we could have easily achieved 45,00-6,000 passive income per month.
That said, we would be very interested to hear your experience of trading with the Crypto Genius trading robot and what trading results did you have. Please send us your feedback directly or leave it in the comments section below.