According to Forbes Magazine, a new class of bitcoin millionaires is about to emerge from an upcoming event known as bitcoin halving. The event is expected to happen in the next few weeks and involves halving of bitcoin block rewards hence pushing the prices up. Bitcoin traders all over the world are excited about this event with most turning to bitcoin trading robots. One of these robots is the Bitcoin System app, a robot founded in 2017 and with an estimated user base of nearly 100k users.
The robots trade volatility and therefore make a perfect case for speculating on the bitcoin halving event. But is the Bitcoin System software legit, and is it the best tool to trade huge crypto swings? This review of the Bitcoin System will provide these answers.
Contents
What is Bitcoin System?
Technology is taking over the financial sector with nearly all significant functions being automated. The Bitcoin System app is a robot that carries out trading on behalf of the owner. It is equipped with advanced Artificial Intelligence (AI) algorithms to ensure a supposed accuracy level of 90%.
This level of accuracy can supposedly generate thousands of dollars in profits in a single day. A good number of users who have reviewed this bot on TrustPilot allege making up to 1500 USD daily from a deposit of 250 USD.
Bitcoin System trades bitcoin volatility rather than price appreciation. This makes it possible for users to earn the alleged profits even when the prices are plummeting. While the bitcoin halving event is expected to boost bitcoin prices, it can also trigger a massive sellout hence leading to a market plummet.
Buying bitcoin directly means that you are at risk of experiencing losses in the event of a fall. However, you are safe with the Bitcoin System software since it can forecast on price direction and take favourable positions. As stated previously, this robot has a supposed accuracy of 90%. Even so, it can still make a wrong move hence leading to losses.
We always insist that you deposit what you can afford to forego. A deposit of 250 USD seems like a good starting point for beginners.
How does Bitcoin System work? The finer points!
Bitcoin System carries out trading research and sends orders to an underlying partner broker for execution. The broker has systems in place to ensure that all orders from the robot execute instantly.
This eliminates slippage hence maximizing earning potential. Slippage happens when order execution delays thus leading to change in prices.
We have checked Bitcoin System partner brokers, and they all appear reputable and trustworthy. One way to determine the reputation of a broker is to check if they are regulated and who their regulators are.
Legit brokers work with tier-one regulators and have great reviews from users. Tier-one regulators monitor all Bitcoin System partner brokers. They report to segregate users’ funds and to insure them against losses in case of an eventuality.
The Bitcoin System software also relies on these brokers to facilitate all transactions. They handle deposits and withdrawals and provide trading leverage to help users take larger positions. This leverage plays a critical role in determining the supposed profits.
A trading account with as little as 250 USD can trade bitcoin worth $250,000 under the leverage of 1000:1. Bitcoin System provides 3000:1 through its partner brokers. Keep it in a mind that high leverage is a double-edged sword. Never use a high margin robot to trade with what you can’t afford to lose.
What Justifies Bitcoin System supposed profitability?
There are a lot of reviews on the internet alleging that it is possible to earn thousands of dollars in daily profits trading with the Bitcoin System app.
Bitcoin System can supposedly turn a mere 250 USD to over 1000 USD in less than 24 hours of trading. This may seem to be too good to be true, but it makes sense when several factors are taken into account. These include;
- The Bitcoin System software is powered by Artificial Intelligence (AI) technology. Some hedge funds in Wall Street have used AI robots to make billions of dollars in forex and stock trading. The Bitcoin System app brings the power of AI to bitcoin trading.
- With Bitcoin System, you can trade bitcoins worth up to $750k from as little as 250 USD. This is because the bot trades on leverage of up to 3000:1 as provided by its partner brokers.
- The Bitcoin System software has a supposed accuracy level of 95%. Consequently, it allegedly makes profits from every 9/10 trades. The high supposed accuracy is as a result of its ability to analyze big data within milliseconds.
- With this robot, traders get to speculate on both the rise and fall of bitcoin prices. The traditional way of investing in bitcoin means that you can only benefit from rising prices.
- This robot relies on blockchain to create a transparent trading environment. User can monitor their accounts in real-time and settle disputes through the smart contracts technology.
Bitcoin System is a margin trading robot that has a high supposed profitability potential but also a risk. Take extra precaution by only investing what you can afford to lose.
How to trade with the Bitcoin System App
You can trade with the Bitcoin System app from anywhere across the globe. All you need is the minimum trading capital and ability to read. You will need to go through a trading guide that comes with this bot before going live.
It is important to note that Bitcoin System is fully auto. You should leave it to run as continue with your daily business. Moreover, you should only set aside not more than 20 minutes daily to monitor your account. This robot performs better when left to run uninterrupted.
The Bitcoin System software is available in multiple languages, including English, French, German, Chinese, and Italian. Follow the guide below to get started with Bitcoin System.
Register a trading account
This step involves visiting Bitcoin System website and registering a trading account. The process is self-explanatory and only takes a few minutes. Bitcoin System safeguards users’ data through standard level encryption. It is also compliant to data security measures, including the EU General Data Protection Regulation.
You must verify identity and personal details to trade with Bitcoin System. Email and phone verification happen at the robot’s page, while identity verification is carried out by the underlying broker.
You should embrace this measure since it is nowadays a requirement for all well-regulated brokers.
Deposit a minimum of 250 USD
You can only access Bitcoin System web-trader after depositing $250 with the underlying broker. The accepted deposit methods include Visa, Master Card, Wire Transfer, WebMoney, Neteller, Skrill, and bitcoin.
It takes a few seconds for deposits to reflect in a trader’s account. Bitcoin System doesn’t charge any deposit fees.
Read the trading guide and practice with the demo
The Bitcoin System app comes with a 12-page guide to help traders set up an account and start trading. It is written in plain language and comes with graphical representations to help users understand complex processes.
You should read the guide thoroughly and then practice through the demo account. Bitcoin System demo runs on historical data and hence simulates real market developments. The experience you get through demo trading reflects what you should expect in live trading.
Live trading should be a breeze if you have practised enough through the demo account. It involves defining the level of risk according to your risk appetite and clicking the live trading button. Live sessions should run uninterrupted for at least 8 hours daily.
You should continue with your daily business as the robot trades for you and only check it at the end of each trading day.
Bitcoin System and Elon Musk
Elon Musk is said to have invested millions of dollars in Bitcoin System. But are the Elon Musk Bitcoin System rumours true? It seems that this entrepreneur hasn’t expressed any interest in this robot. The rumours are therefore unfounded and should be taken with a grain of salt.
You should verify any information you find on the internet before taking it as the truth. Bitcoin System has warned its users of the rampant celebrity rumours revolving around it.
Is Bitcoin System the best robot for me? Final word!
Bitcoin System is likely legit given the many great reviews it has online. This review also confirms that it relies on advanced trading technologies and is in partnership with reputable brokers. You can try the Bitcoin System app through the link below.
FAQs
Is Bitcoin System legit?
Bitcoin System meets our criteria of legit robots. It may, therefore, be a good idea to give it a try. You can get started with as little as 250 USD.
Is Bitcoin System profitable?
Bitcoin System can allegedly turn an investment of $250 to $1k in less than a day of trading. A lot of online reviews confirm the supposed profitability.
How much should I deposit with Bitcoin System?
The minimum capital you can invest with Bitcoin System is 250 USD. This is more than enough to build the supposed wealth.
