We at Forexadvies.com have reviewed the platform of Bitcoin Profit. In order to be able to assess this platform, we have made several comparisons with other trading robots.
In addition, we did an extensive internet research and tried out the Bitcoin Profit platform ourselves.
The professional research team of Forexadvies.com has drawn up this review after this extensive research. Learn all about Bitcoin Profit by reading our review.
We are aware of numerous websites that use fake celebrity endorsements to steer clients to unregulated brokers or call centers. Our website only sends customers to partners who have given us the required legal guarantees.
This is a marketing offer, and our regulated partners will indicate what services they have available upon registration.
Explanation of the trading platform of Bitcoin Profit
What is the Bitcoin Profit Trading Bot?
Bitcoin Profit is a platform that offers an automated robot. This robot is controlled by AI, which stands for artificial intelligence.
Bitcoin Profit is advanced software itself can carry out transactions on the crypto market. The robot executes these transactions based on the criteria you set.
We of Forexadvies.com have thoroughly analyzed this platform with the robot they offer and we have come to the conclusion that Bitcoin Profit is a good tool for traders who want to make trading a passive activity.
Bitcoin Profit is not a scam. If you prefer to trade actively, you can also choose to trade live manually on the platform. When trading manually, you place the trades yourself.
Which products and assets can be traded with Bitcoin Profit?
On the Bitcoin Profit platform you can choose from multiple cryptocurrencies. The most famous such as Bitcoin and Ethereum will of course not lack this. But also new crypto coins that have just been released can be traded in. The choice is entirely up to you. Below you will see a list of assets that make up the product range include:
Product offerings include:
- Ethereum (ETH)
- Bitcoin (BTC)
- Bitcoin Cash (BCH)
- Litecoin (LTC)
What are the costs to be able to use Bitcoin Profit?
To be able to use Bitcoin Profit, you do not have to worry about high costs. You can create an account for free.
For the use of the platform and the use of the offered demo account you do not have to pay anything. You can also use this quietly at no cost.
When you start trading for ‘real’ money, the transactions will take place through cooperating brokers. These brokers may charge fees per transaction. Our research shows that these brokers charge on average between 1 and 3% per transaction. Pay attention to this when choosing a broker.
With which payment methods can payments be made via Bitcoin Profit?
You can transfer money in various ways. Because as soon as you want to start trading, the intention is that you first make a deposit of at least $ 250 dollars.
This deposit of 250 dollars can be made via a bank transfer or PayPal.
Below you can read the most used payment methods via Bitcoin Profit The most used payment methods at Bitcoin Profit are:
- Credit card
- Debit Card
- Skrill Hotels
- Klarna Hotels
- Bank transfer
Is there a desktop and a mobile version of Bitcoin Profit?
There is no doubt about this. There is a mobile version and a desktop version of Bitcoin Profit. You can easily open the website on any desired device.
The website will automatically adapt to the device you use. You obviously need an internet connection to start the website.
What features distinguish the Bitcoin Profit trading bot from other trading bots?
The makers of trading robots have to distinguish themselves from their competitors. There are more and more automated crypto robots. Below we have listed a number of functions of Bitcoin Profit with which they distinguish themselves from other trading bots.
If you are willing to open larger positions, you can use leverage. Bitcoin Profit works with brokers who offer this leverage. A leverage of 1:1000 is offered continuously.
Free demo account
As soon as you are a member on the platform of BItcoin Profit you have access to the demonstration profile. With this profile, you can discover the entire platform and figure out how an automated robot works. This way you get the hang of trading a bit before you start investing real money on the crypto market.
User-friendly platform for starting investors
Not only professional investor but also for novice investors can make super easy use of the platform of Bitcoin Profit. The website is well structured and the possibilities are clearly explained. There is also a knowledgeable helpdesk that can support you with, for example, setting up your dashboard or setting up your robot.
Which brokers does Bitcoin Profit work with?
There are several brokers that Bitcoin Profit works with. These brokers can all be found on the website.
What these brokers all have in common is that they are regulated brokers. They are supervised by the authorities and must comply with strict regulations: When you trade with a broker via Bitcoin Profit, you know that you are dealing with regulated and reliable brokers.
Are there any brokers or exchanges linked to Bitcoin Profit that offer leveraged trading?
The various brokers that Bitcoin Profit works with may offer leveraged trading. If you would like to use leverage, make sure you look carefully at whether the broker you have chosen offers leverage.
How high this is can also differ per broker. They usually offer leverage of 1:1500, 1:1000 or 1:500.
Is it possible to open short positions and long positions with Bitcoin Profit?
This is absolutely no problem. The automated trading robot can therefore place trades in downward and upward markets at lightning speed.
With long-position you speculate that prices will rise considerably and with short positions you speculate that your prices will fall. Just make sure you have the robot set up properly so that it makes the right decisions when long positions or short positions occur.
How does it work if I want to be paid out?
Money can be paid out at any time. If you want to have your money, you only have to request this on the platform of Bitcoin Profit. Fill in a short application and your application will be processed immediately.
You definitely don’t have to wait long for your money. Bitcoin Profit indicates that it has processed the applications within 24 hours.
Is there customer service available?
Of course there is also a customer service available. As we have already indicated in this review, this customer service is available 24 hours a day for the members of the platform.
This customer service offers, among other things, help with setting up a robot, when requesting a money deposit and all other questions related to the platform or trading via the platform.
Good customer service is also indispensable on trading platform.
There is a lot of money involved in this business and if there are problems, you want to be helped quickly and well as an investor. Fortunately, Bitcoin Profit offers such helpful customer service.
Is there also an app available from the Bitcoin Profit?
The trading platform has a mobile app. You can download this app on your mobile phone or, for example, on a tablet.
The handy thing about this mobile app is that you do not have to log in again and again when you want to use the platform.
The possibility to receive notifications so that you stay up to date about your trading robot is also present. You can set yourself whether you want to receive these notifications.
Of course, the demo account is not missing on the trading platform of Bitcoin Profit. This is an extremely good way to try out all the possibilities.
If you do not know much about trading yet, you can practice with the demo account. If you have been familiar with trading for some time, the demo account is certainly also suitable for testing your trading strategies before you start betting them on the market.
After you have created an account on the platform you have access to the demo account. Use of the demo account is completely free. You can use it for as long as you wish.
Security and reliability of Bitcoin Profit
Is it safe to use Bitcoin Profit?
The Bitcoin Profit is ostensibly trading platform that you can safely use. We at Forexadvies.com have tried out the Bitcoin Profit ourselves and we have done extensive research into this.
Bitcoin Profit indicates on their website that it handles the personal data of its customers very safely. In addition, the Bitcoin Profit platform works together with international brokers who are all regulated and safe.
From the above we can conclude that it is safe to use Bitcoin Profit.
If I deposit money is my money protected?
You don’t have to worry about the money you invest. The brokers that Bitcoin Profit cooperates with are regulated by the Cyprus Securities and Exchange Commission. When these brokers go bankrupt, your invested money is (to a certain extent) insured and you will receive this back.
Is bitcoin profit’s trading platform regulated?
Bitcoin Profit itself is an unregulated platform. As a rule, this is also not necessary. You do not deposit money directly on the platform, but you do this with the brokers with whom the platform cooperates. The partner brokers are in possession of a trading license.
The platforms of the regulated brokers are regulated in Europe under the Cyprus Securities and Exchange Commission. Bitcoin Prime therefore does not have to be self-regulated.
Who made the Bitcoin Profit?
During our research into Bitcoin Profit, we have not been able to discover who owns Bitcoin Profit or who its creators are. Unfortunately, nothing can be found about this.
It is well known that the creators of crypto robots want to remain anonymous. They do not want their names to be made public.
This is the reason that there is nothing to be found about the makers. Due to the advanced software and the possibilities that the platform of Bitcoin Profit offers, we can conclude that the platform is made by very experienced traders, who understand well how the crypto market works.
How to register yourself and how does the verification process work?
The process of registering starts with entering your full name, your e-mail address and not to forget your telephone number. If you have filled in this information, you can send it immediately. When this information has been reviewed, you will receive an email with a verification link.
If it does not work via this link, it may be that the service desk of Bitcoin Profit will contact you.
If all data is verified, you will automatically have access to a trading dashboard within your personal account.
Is Bitcoin Profit fake? Is it a scam?
Rumors often surface that robots that automatically trade on the crypto markets are fake. Our research team has found out that Bitcoin Profit is certainly not fake.
You will not be scammed on the Bitcoin Profit website. You can use everything the platform has to offer.
It is possible to get nice earnings with the use of Bitcoin Profit but this is not a guarantee. You can use the trading robot for free. It is therefore important to know that Bitcoin Profit does not give any guarantees for achieving profit.
The automated crypto robot provides support in trading. It makes trading a passive activity.
How reliable is Bitcoin Profit??
On the Bitcoin Profit is completely reliable,. You don’t have to doubt that. We have tried the platform ourselves, there are many positive reports about it and the platform itself also claims that they are very reliable.
You cannot use the platform without having registered. The platform asks for some personal data from you and this data will also be verified before you can access your trading account.
During our research, we did not encounter any factors that show that the platform is not reliable.
How do you start using the Bitcoin Profit?
To get started on the Bitcoin Profit platform, you go through a number of steps. These steps will only take a few minutes of your time.
Read on below to find the order of the steps. The steps you have to go through are simple but necessary to be able to use the platform.
The first step: creating an account
On the Website of Bitcoin Profit you can easily and quickly fill in a registration form. Just entering your name, e-mail address and telephone number are sufficient.
You will then be asked to verify your details and then you will have direct access to your trading account and you will have joined the platform.
The second step: Making the minimum required deposit
A minimum deposit of 250 dollars is required to be able to start trading via the platform. You do not make this deposit directly on the platform of Bitcoin Profit, but you deposit it with a broker that you have chosen. With this broker, the trading trades will also take place, which is why you deposit the money directly with the chosen broker.
You can transfer your money using multiple payment options. You can think of Visa, Paysafe or PayPal.t.
The third step: Setting up your personal trading system
To be able to use a crypto robot, you must of course set the robot to how you want the robot to trade.
Determine the configuration of the robot according to your wishes. You can set the desired trading times, cryptocurrencies and amounts here. Once you have done this, you can proceed to set up your risk management.
The fourth step: adjusting risk management settings
If you do not want to run too much risk, you must set the settings of risk management properly.
This covers your risk. The robot can then not act more than your set maximum and the robot can not exceed any amounts. You can always make the robot stop trading. You can then easily take the robot offline
The fifth step: starting trading with Bitcoin Profit
You are now ready to start trading. If you have checked all the general settings and the settings for risk management, you can put the crypto robot online.
Once you have done this, the robot will analyze the market and automatically place trades based on the results.
How to create an account with Bitcoin Profit?
You have chosen the platform of Bitcoin Profit. To be able to use this, you need to create an account. On the website of Bitcoin Profit you will find a short registration form. All you have to do is enter your name, telephone number and e-mail address here.
You will then be asked to check and verify the information you have sent. After verification, you will immediately have access to a trading account in your name. In this trading account you will find a dashboard. This contains all your trading position and how you can use the platform and the crypto robot.
What are the merits at Bitcoin Profit?
Making a profit is certainly one of the options at Bitcoin Profit. The many success stories support this claim. We cannot tell you how high this profit is.
The amount of profit achieved depends on the amount of money you have invested and the way in which you have set up your robot.
Cashier: Withdrawals and deposits at Bitcoin Profit
With the Bitcoin Profit platform, there are no costs associated with creating an account.
Also for withdrawals or deposits there are no fees charged. Once your registration is complete, you can proceed to make the minimum required deposit and start investing your money.
If you want to deposit money, it is now only logical that several ways are offered for this. Since you deposit the money directly with the partner brokers, they determine which ways these are. The most common payment methods are:
- Visa or Mastercard Transfer money with your credit card. A fast and safe way of depositing money.
- Transfer via your personal bank
Wallets online: These are online ‘wallets’ with which you can quickly and easily transfer money or deposit money.
If you want to withdraw money from your trading account, the processing time is 24 hours. So you can have the money in your account the next day.
To withdraw money, you submit a withdrawal request. Fill in a number of details and the amount of the amount and this will be processed immediately.
There may be certain conditions attached to withdrawing money. You can easily read these conditions on the Website of Bitcoin Profit.
Factors to consider when trading with the Bitcoin Profit trading bot
When you choose a trading robot, you have to take into account a number of factors. Based on the ratings of these factors, you will most likely make your choice for a trading robot. Below you will find a number of important factors that you should take into account when trading with the Bitcoin Profit trading bot:
If you want to make a money deposit, you usually have almost immediately access to the money you have deposited. The money is then visible in your trading account.
If you want to have money paid out, you have received the money paid out for 24 hours.
Feedback from users is always interesting to read. These are success stories or not of people who have already used Bitcoin Profit for you.
In addition to the many positive feedback on the internet, our own feedback regarding the use of Bitcoin Profit can certainly also be called very positive.
Bitcoin Profit is owned by a professional helpdesk. This helpdesk speaks well to the customers of Bitcoin Profit and is helpful in solving any problems.
The customer service on the website can be reached 24/7.
Bitcoin Profit’s platform has partnerships with various international brokers. These are all regulated brokers.
These brokers are under the strict supervision of the authorities. The choice with which broker you want the transactions to take place lies with you.
The Bitcoin Profit platform does not charge commissions. Registration on the platform is free. When you have chosen a broker, read that on the platform of the broker after which costs this broker himself charges.
Enrollment and verification process
The enrollment and verification process is usually very fast. You don’t have to do much during this process either.
A number of small steps and you are already in possession of an account with Bitcoin Profit.
Fill in some basic details and send them. You will receive a verification link in your mailbox. If you have verified the details, you can log in to your personal trading account on the website
Has Bitcoin Profit ever been in the media?
Although multiple stories have surfaced on the internet that the Bitcoin Profit has been in the media, these stories cannot be confirmed. Our team that conducted the research on Bitcoin Profit has not been able to find any evidence for these stories.
Such stories claim that Bitcoin Profit, for example, was discussed in the television program Shark Tank. This well-watched program has high ratings. If Bitcoin Profit were to be discussed in this, it would obviously be good marketing for the platform.
But we have not been able to find any evidence for this either and therefore cannot confirm that these stories are correct.
Has Bitcoin Profit ever been promoted by celebrities??
In addition to the stories that Bitcoin Profit has appeared in the media, there are also various stories circulating that Bitcoin Profit is promoted by several celebrities.
For example, it is claimed that Jeremy Clarkson is publicly promoting Bitcoin Profit. Jeremy Clarkson is known for the very successful series Top Gear.
After top Gear, Jeremy Clarkson has become a host at Amazon’s auto show, called The Grand Tour.
We have not been able to find any supporting evidence for these claims either. From this we conclude that these stories are not true.
Experiences with the platform of Bitcoin Profit
There are a lot of experiences with the Bitcoin Profit platform online. Among these experiences are reactions from people who claim to be both professional and novice traders. These many experiences are positive.
Several claims are made that people have earned a lot of money by using Bitcoin Profit.
The experiences with the use of the platform in general are also extremely positive. We at Forexadvies.com have also tried this platform.
Our experience with Bitcoin Profit is not inferior to the many positive experiences that we have found online.
5 reasons to use Bitcoin Profit
1. 99 % success rate
A success rate of 99% is very high. This is the percentage that Bitcoin Profit itself claims to have. Whether a successful transaction is actually made in 99% is not possible to find out
2. Regulated brokers
The partner broker of Bitcoin Profit are all regulated brokers. So you can place trades with these brokers in a safe and reliable way. The brokers are in possession of a marketing license and must therefore comply with rules and laws.
3. High transaction speed
The Bitcoin Profit robot has a very high speed with which the robot can make transactions. Multiple transactions can be made at the same time. The robot can therefore monitor and assess multiple markets at the same time.
4. Payment by PayPal
If you want to deposit money, you can always do so in different ways. In addition to the well-known ways such as Visa and Skrill, it is also possible to pay via PayPal at BItcoin Profit. PayPal is an excellent way to transfer money easily.
5. Low deposit required
When you want to start trading you have to make a minimum deposit. The minimum deposit required via Bitcoin Profit is 250 Euro. This is a low starting amount. Due to this low required deposit, it is possible for many traders to make this deposit and start investing in cryptocurrencies.
Useful trading tips for newcomers to the platform of Bitcoin Profit
If you have no knowledge of trading at all but you still want to start trading with a trading robot, this is of course possible.
But we advise you to first read up and gain general knowledge about trading in general and about trading with a crypto robot.
Tip 1. Gather information about crypto-currencies
There are a lot of different crypto coins on the market. Which of these crypto coins you want to trade in will depend on several factors. Gather information about the crypto coins you are interested in before you start trading in them.
Tip 2 . Gather information about trading with a robot
The crypto robot will do all the ‘heavy’ trading work for you. But the robot works on the basis of the trading criteria that you have set. Some information about how to best set up a crypto robot is not a superfluous luxury.
Tip 3. Demo account use
Test your trading strategies with the demo account. Do they work or don’t they work? Furthermore, with the demo account you can first familiarize yourself with the platform.
Use the demo account as if you are already really trading so that you can certainly gain good experiences with it.
Tip 4. Don’t invest more than you could afford
Set your risk management settings appropriately. Do not run an unnecessary risk of loss. If you cannot afford to lose more than a certain amount, make sure that the robot cannot exceed this maximum.
Our final review of the Bitcoin Profit trading bot
Bitcoin Profit is a crypto platform that all traders can use. It offers an automated trading robot that can make trades for you on the different markets. The trading robot consists of professional software.
The trading robot ensures that trading is facilitated for you. Bitcoin Profit state on their website that they have a 99% success rate.
This is a very high percentage and certainly also attractive to try out the platform. This claim is supported by the many success stories out there about Bitcoin Profit.
The extensive platform is user-friendly and certainly clear. You can set up the trading robot in such a way that it acts exactly according to your wishes.
If you want the robot to stop doing transactions, you can choose to (temporarily) take the robot offline. Signing up on the platform is free.
Also, no hidden costs were found on the platform. The customer service is professional and is available 24/7.
Our final verdict on Bitcoin Profit is very positive. We enjoyed testing the platform.
Are there alternatives to the Bitcoin Profit?
In addition to the Bitcoin Profit trading robot, there are many other trading bots available. The range of these trading bots can of course be different.
Below you will find a number of alternative trading robots for the Bitcoin Profit. If you want to know more about it, read the extensive product reviews that we have written for these trading bots.
Alternative Crypto Bots
How did we write this review about the Bitcoin Profit?
We have examined every trading platform where you can use trading robot in the same way and then assessed it.
Each point has been prepared in advance for writing this review. In order to be able to write a good opinion of Bitcoin Profit itself, the team of Forexadvies.com has created a trading account on the website of Bitcoin Profit.
We have also carefully tried out the demo account of Bitcoin Profit. We conducted an extensive online survey in addition to our own experiences with the platform.
We compared the results of our experiences in the research with the extensive internet research.
Before we have prepared this review, an extensive review process has preceded it. Our final assessment is therefore absolutely independent and without prejudice.
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