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Bitcoin Trader: Is it a scam?

Bitcoin Trader: Is it a scam?
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Bitcoin Trader is a piece of software that makes money by speculating on cryptocurrencies. Traders who try this robot report profits of up to $1k per day from a trading capital of $500. But is Bitcoin Trader legit and can a trader make huge profits per day trading with it?

Yes! Bitcoin Trader is legit and amazingly profitable. We did a live test on this robot and made a profit of $104 in five hours from a deposit of $250.

A review of feedback from those who have tried this robot shows that it is consistently profitable. However, Bitcoin Trader is not without risk. Consequently, Cryptovibes recommends that you only trade with capital you can afford to lose. This review takes an in-depth look on Bitcoin Trader and provides tips to help you make earn more with it.

What is Bitcoin Trader?

Bitcoin Trader is a trading robot that makes money by speculating on the price swings of cryptocurrencies. The robot is fully automatic and hence requires little human input. You do not need any specialized skill or experience to use this robot.

Like most high-frequency trading robots, Bitcoin Trader is highly profitable but can also result in significant losses. As mentioned above, a trading account with a deposit of $500 or less can make up to $1k per day. Likewise, a deposit of $250 can double in a day.

Bitcoin Trader has a win rate of 92%, which implies that it is profitable in every nine out of ten trades placed through it. Other leading robots, such as Bitcoin Loophole and Bitcoin Profit, have nearly the same profitability level.

Also worth noting, Bitcoin Trader partner brokers offer a leverage of up to 1:1000. This means that for every $1, you can place a trade worth $1000. Consequently, an account with a deposit of $250 can place trades worth up to $250,000.

How does Bitcoin Trader work?

High-frequency robots depend on advanced technologies, mostly in artificial intelligence and Machine Learning. These two technologies enable bots to learn and adapt to market conditions. Moreover, they ensure high trading speed hence making it possible for the robot to profit on even the slightest market movement.

The Bitcoin Trader algorithms can conduct both fundamental and technical analysis. On fundamental analysis, they can read news and Tweets from authoritative sources and predict how the markets will react. This makes Bitcoin Trader the best robot for trading news. Technical analysis is all about deriving insights from trading charts. Bitcoin Trader can analyze thousands of price charts within a microsecond and with an accuracy level of above 90%.

Also worth noting, Bitcoin Trader app has all the essential risk management tools. Unlike most trading robots, this robot allows you to define the level of risk you are willing to take. For instance, you can limit the amount of capital to risk per trade. Remember that with a leverage of 1:1000, it takes a fraction of a second to lose all your trading capital.

Is Bitcoin Trader legit?

Bitcoin Trader is a legit robot, and we recommend that you try it. We have done a live test on this robot and discovered that it is highly profitable. As mentioned earlier, we deposited $250 and made a profit of $104 in five hours of live trading.

Likewise, a review of feedback from people who have tried this robot reveals that it is highly profitable. Some traders report making up to $1k per day from a deposit of $250. We suggest that you open a $250 account and grow your account gradually by plowing back your profits.

CryptoVibes has also established that all information on Bitcoin Trader website is accurate. We can confirm that their earning potential is true and they reveal crucial details such as legal registration and partner brokers. Scam robots are known to hide such information.

Moreover, we have reviewed the brokers listed as Bitcoin Trader partners and verified that they are adequately regulated. For the record, robot brokers are responsible for handling deposits and facilitating deposit. One way to determine if a robot is legit is by checking whether its partner brokers are legit. It does not make sense that a legit robot can partner with scam brokers.

Bitcoin Trader review: Cryptovibes Test Results

  • We deposited $250 with Bitcoin Trader and made a profit of $104 in five hours. Consequently, we can say that this bot is legit and worth a try.
  • Cryptovibes has combed the internet for Bitcoin Trader reviews and revealed that most reviewers are happy with this robot.
  • We can ascertain that Bitcoin Trader only collaborates with legit brokers. FCA, ASIC, and CySEC regulate most brokers that are in partnership with this robot. These three are the world most reputable regulators.
  • You do not need any trading experience to use Bitcoin Trader. All you need to start making money with this bot is to set up a trading account and click live trading. The robot does all the work for you.
  • We can confirm that Bitcoin Trader has all the necessary measures in place to safeguard users’ data.

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How to Register with Bitcoin Trader

Creating an account with Bitcoin Trader takes less than ten minutes. Once you make a deposit, you can go to the demo account or start trading immediately. This bot is fully automated. You need less than twenty minutes per day to monitor your account.

Create an account

Visit the Bitcoin Trader homepage and fill your names and email in the form provided on right side corner. Click next to be redirected to the password creation page. You need to create a strong password containing letters, numbers, and symbols to continue. A strong password is among the essential cybersecurity measures that you should take to protect your account.

After password creation, you will be asked to provide your phone number. Please note that you will be asked to verify your email and phone number to proceed.

Get matched with a broker

The next step involves getting matched with a broker. As mentioned earlier, Bitcoin Trader partner brokers are all well-regulated. The majority fall under the regulatory mandate of the FCA, ASIC, and CySEC. Bitcoin Trader is only available in countries where it has a regulated broker.

Robot brokers roles include handling deposits and facilitating transactions. Consequently, it is always essential to conduct enough due diligence about the underlying broker before settling on a robot. Legit robots only partner with legit robot brokers.

Try demo trading

The Bitcoin Trader demo account has all the functionalities of the live account. Moreover, the demo robo-trader uses historical data to give traders an idea of the profitability level they should expect with a real account. The profits you will generate through the demo account are almost the same with what you will earn in the live account.

Deposit a minimum of $250

You need to deposit $250 to access the Bitcoin Trader live trader. The amount is your capital and not the cost of the robot. Bitcoin Trader does not require any license fee. However, they do charge a small commission on the profits made through the app. This means that they only make money when you are profitable.

Bitcoin Trader brokers accept deposits through Wire Transfer, Visa, Master Card, American Express, Maestro, Discover Network, Webmoney, Skrill, Neteller, and Bitcoin. All deposits take less than a minute to reflect on a trader’s account.

Click the live trading button

What you need to do to start making profits with Bitcoin Trader is to click the live trading button. During the live test, we made a profit of $25 in the first five seconds of trading. As mentioned earlier, Bitcoin Trader can make up to $1k per day from a deposit of $250.

If you want to make the most out of Bitcoin Trader, let the robot run for at least 8 hours per day. Also, ensure that you switch it off at the end of each trading day.

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Why you should trade with Bitcoin Trader

Bitcoin Trader ranks among the best trading robots today in terms of profitability and ease of use. Here is why you should trade with this robot.

  • Consistent profitability – Bitcoin Trader has a win rate of 92%, which means that it makes money in most trades. However, there is a risk in trading with this bot. As a result, we recommend that you only trade with what you can afford to lose.
  • Easy to use – Bitcoin Trader is a fully auto trading bot. You only need to click the live trading button to make money.
  • Seamless withdrawals – This robot allows you to withdraw your profits whenever you want. Fill the withdrawal form on the trading dashboard, and your funds will be processed within 24 hours.
  • High transparency – Bitcoin Trader reveals all the crucial information beforehand to help traders make informed decisions. For instance, unlike most robots, Bitcoin Trader reveals its partner brokers before deposit.
  • Excellent customer service – Bitcoin Trader provides 24/7 customer service. We recommend that you use a phone or live chat to get a quick response. Inquiries through an email take up to 24 hours to get an answer.
  • Secure platforms – Bitcoin Trader has all the necessary measures in place to ensure that your data is safe. We can confirm that they are GDPR compliant and have a cyber incident response team to address any threats.

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Bitcoin Trader on Shark Tank and Dragons Den UK

Rumors are going around that Bitcoin Trader has appeared on Shark Tank and Dragons Den, UK. However, we could not verify these claims.

Bitcoin Trader is a legit robot, and it does not matter whether it has the endorsement of mainstream media. The most important thing is that people who have tried it are happy with it. Cryptovibes provides comprehensive and unbiased reviews to help you make informed decisions.

Do any celebrities endorse Bitcoin Trader

We also found rumors that celebrities have endorsed Bitcoin Trader. These rumors are not unexpected, given the broad media coverage of this robot. Here are some celebrities that are said to recommend Bitcoin Trader.

Did Elon Musk endorse Bitcoin Trader?

Elon Musk, the founder of Space X and an outspoken lover of AI and Blockchain, is one of the celebrities said to endorse this trading bot. However, we did not find any evidence of Elon Musk Bitcoin Trader endorsement.

Bitcoin Trader is a legit robot that is well known in the circles of traders and does not need celebrity endorsement. The association between Elon Musk and Bitcoin Trader is a rogue trick by affiliates to rank on search engines.

Did Peter Jones endorse Bitcoin Trader?

Peter Jones, the British billionaire, is another celebrity said to have endorsed Bitcoin Trader. However, Cryptovibes could not verify these claims. We cannot stress enough on the need to avoid any reviews that revolve around these endorsements.

Bitcoin Trader has recently released a statement warning that it will revoke affiliate rights on platforms that are making such misleading statements.

Tips for trading with Bitcoin Trader

The following tips will help you get the most out of Bitcoin Trader.
  1. Start with the demo account – The demo account will help you avoid mistakes during live trading.
  2. Trade for at least 8 hours per day – You need to trade consistently for at least 8 hours per day to make considerable profits. Bitcoin Trader is entirely auto, so you only need less than 20 minutes of account monitoring per day.
  3. Close trading sessions at the close of each trading day – This will help avoid slippage and hence losses.
  4. Follow market news – you need to follow crypto market news to be able to capitalize on periods of high volatility.

Bitcoin Trader: Is it legit?

We can confirm that Bitcoin Trader is a legit robot. Our live test indicates that traders’ can make up to $1k per day from a deposit of as little as $250. However, Bitcoin Trader is not without risk. We recommend that you trade with an amount you can afford to lose.

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FAQs

Is Bitcoin Trader a scam?

No! Bitcoin Trader is a legit high-frequency robot. We suggest that you give it a try right away.

Is Bitcoin Trader profitable?

Yes! Bitcoin Trader is a highly profitable robot. We did a live test and made a profit of $104 in five hours from a deposit of $250.

How much should I deposit with Bitcoin Trader?

We suggest that you start with a deposit of $250 and grow your capital through reinvestments.

Is Bitcoin Trader risky?

Bitcoin Trader comes at a degree of risk, given that it trades on high leverage. Consequently, do not trade with an amount you cannot afford to lose.

Can I withdraw my profits from Bitcoin Trader?

Yes! Fill the withdrawal request form, and your money will reflect in your bank account within 24 hours.