A Review of the Bitcoin Trader Platform – Legit or Scam

Let’s review Bitcoin Trader, a popular auto-trading bot designed in 2017 by Gary Roberts. It boasts a 99.4% win-rate, $1300 minimum daily profit, excellent user security, and zero withdrawal fees
bitcoin trader logo

With the new crypto craze sweeping the world, a host of automated trading platforms have sprung up. There are many trading bots on the internet. Over 90% of trading platforms are fraudulent schemes or simply promise what they would not offer. However, some do.

In this article, we’re going to take a look at everything you need to know about Bitcoin Trade. More than that, we shall answer and try to give a verdict regarding the legitimacy of the trading platform. Does it offer what it promises? Is it a scam or legit? You may want to know. So, stick around and find out.

What is Bitcoin Trader?

bitcoin trader app

Bitcoin Trader is a robust and automated trading platform that deals in the trading of different cryptocurrencies such as Bitcoin, Ethereum, Bitcoin Cash, Monero, Litecoin, Ripple, Dash, and so on. Using specially crafted software programs, it carefully monitors the market and suggests profitable trades based on its observations. Trading deals are then carried out by trusted brokers who are affiliated with the platform.

This platform boasts a win rate of 99.4% and returns of at least $1300 per day with a minimum deposit of $250. The platform is surprisingly easy to use. When tuned to auto-trade, all users have to do is set up their favorite trading strategy and let the trading bot do the rest of the work. It’s that simple!

Robot Rating Properties Trade
circuit The best choice $250 Min Deposit98% - Success RateVery Easy To Use Trade Now

When was it founded?

Gary Roberts founded Bitcoin Trader in 2017. Since then, the platform has grown to be quite popular in the crypto scene. It boasts trading speeds that is 0.01 seconds faster than even its closest competition. In our opinion, Bitcoin Trader is a topnotch trading bot, one every crypto fanatic should watch out for at that.

How does it work?

Bitcoin Trader is a fully automated trading bot platform that uses complex algorithms to map market trends, recognize trading signals, and predict profitable trades based on this information. This is sent to trusted brokers who leverage these deals and then buy or sell in your name.

A great thing about the platform is that the algorithm it uses is incredibly sophisticated. Not only is it able to monitor the market and look out for signals, but it also learns from these trades, thereby improving its success rate over time. Interested in creating an account? Keep scrolling 

Here’s how to open a Bitcoin Trader account

Opening a Bitcoin Trader account is quick and easy. With the following simple steps, you’ll be fully registered on the platform before you know it. In fact, within 5 mins, most users have already started trading. So here is how to register on the Bitcoin Trader Platform:

Step 1: Enter the website

Log in to the Bitcoin Trader Website here. You will be directed to their homepage. Here, you will see some important information about the trading platform—things such as their win rate of 99.4% and profit of up to $1300 per day.

Unfortunately, these claims cannot be verified unless you trade on the platform when you’re done looking around the homepage look for the sign-up section at the top of the page.

Step 2: Type in your details

The Bitcoin Trader platform requires that you fill in necessary information like your name, email address, password, phone number, and country. The process is very simple and straightforward. Always be wary of sites that require excessive verification details and unusual information about you.

After this, you will be redirected to one of the several brokers affiliated with the trading platform. As we said, these trusted brokers carry out the deals suggested by the trading bot. Your selected broker will request additional billing information from you, which will be used to process your fund deposits and withdrawals.

Step 3: Make a deposit.

Once you’ve successfully signed up to the platform, you still have to take further steps before making your first deposit. Speaking of deposit, the minimum deposit on the platform is $250. Bitcoin Trader allows its members to fund their accounts through various means. This flexibility gives users the option to pay in cash or crypto.

They accept deposits through channels like Visa, MasterCard, Wire Transfer, and Maestro. E-wallets like PayPal, Skrill, and Web Money, are also used. For users who would instead use cryptocurrencies, Bitcoin and Ethereum are some of the most popular and acceptable means of payment.

However, most users prefer to pay with their credit cards. To make payment via a debit or credit card, you’ll have to fill in your card number, the card type, expiry date, and security code. Rest assured because the payment gateway is secured for online transactions using SSL encryption to prevent anybody besides your trusted broker from gaining access to your billing information.

Step 4: Familiarize yourself with the demo account

Now that you are a registered member of the platform, you can access the enormous features on their demo account. This helps users who are new to trading familiarize themselves with both the platform and the concept of trading.

You will be given a demo balance with which you can make trades based on the demo market conditions presented by the program. Useful tutorials are also available on the platform in their numbers to help navigate every aspect of the platform and how they are used during trading. Once you’ve exhausted your demo balance and feel comfortable with the platform, it’s time to ready yourself for the final step – Trading in real-time.

Step 5: Start live trading.

Now that you’ve completely mastered the demo account, it’s time to dive into the real deal. Click on live trading to leave the demo account and start trading using funds from your deposit. Set the trading bot to auto-trade, which means it predicts profitable deals and instructs affiliated brokers to carry out these trades on your behalf.

Just take out a few minutes to set out your preferred trading strategy. Remember, all trading carries some level of risk, so there’s a chance your plan won’t work, and you might make some losses. In any case, it’s best to start with the platform’s default settings until you’ve mastered the trading art.

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Logging on to the site

Logging into the site is quick and easy. Simply fill in your email address and password. This will direct you to the place where you can continue trading.

Advantages & Disadvantages of the Bitcoin Trader

Advantages

  • Their security is topnotch: When dealing with crypto, security is one of the most critical factors. The Bitcoin Trader platform is dedicated to protecting user security and information. Using standard encryption and verification techniques, they make sure no one has access to your information.
  • The high return of investment (ROI): Promising profitability of $1300 per day on a deposit of $250 and a win-rate of 99.4%, Bitcoin Trader is one of the most profitable trading platforms out there.
  • It’s effortless to use: Unlike other trading platforms, the Bitcoin Trader platform is easy to navigate. Even newbies may easily find their way around the platform with a little help from the platform tutorial.
  • Powerful trading AI: The algorithm on the Bitcoin Trader platform is one of the most powerful on the market. It quickly takes in market information and predicts the best trades based on market signals. The site claimed to be 0.01 seconds faster than even it’s the closest competition. This means the AI behind the platform must be a powerhouse.
  • They have an excellent demo account: The Bitcoin Trader platform offers users the opportunity to trade using a demo account. This allows users to gain experience on how crypto trading works on the platform, i.e., using real data taken from previous trades to make an accurate decision.
  • No withdrawal fees: Withdrawing your funds from this platform is straightforward, safe, and, most of all, 100% free. Bitcoin Trader allows the withdrawal of funds at any moment. Simply fill out a request form, and your fund withdrawal request will be processed within a few hours via your preferred channel.
  • Low minimum deposit: Bitcoin Trader is ideal for entry-level traders and those with low budget. The $250 minimum deposit is affordable to most severe investors and a safe place to start for most.
  • Excellent customer service: Bitcoin Trader has excellent customer services that are available for members 24/7. They will patiently walk you through any difficulties you may be experiencing on the platform.
Robot Rating Properties Trade
circuit The best choice $250 Min Deposit98% - Success RateVery Easy To Use Trade Now

Disadvantages

  • There is a risk of losing money at higher risk settings: All trading requires risk. The Bitcoin Trader platform is not a reliable service. There is still a high probability that members will lose money, even if they are not properly guided.
  • You can throw away a lot of money by following fake strategies: A lot of so-called experts will claim to have the perfect plan to make over $10,000 per day using only $100. Most of these so-called experts are fraudulent, and you may end up losing your entire investment by following their trading strategy.
  • It cannot react to influences outside the market: Like other trading bots, one of the significant shortcomings of the Bitcoin Trader platform is its inability to respond to signals outside the market. Things like government policies and the media influence the crypto market. The AI does not have access to this information and therefore, cannot adapt to these changes.
  • Bad reputation online: Bitcoin Trader has several negative reviews online. Various traders have claimed to have lost money when trading on the site. It may be due to their relative inexperience and the newness of automated trading.
  • Not available in the US: Bitcoin Trader might be unavailable to users in the US. Instead, they can try the trusted crypto trading platform like eToro, which is quite popular in the US.

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How Much Can I Make with The Bitcoin Trader?

Trading bot platforms are a great way to make a profit. The Bitcoin trader platform claims to have a win-rate of 99.4% and profitability of over $1300 per day from the minimum deposit of $250.

However, like all investments, there’s still a certain level of risk involved. So,  maximize your investment and reduce your risk of losing money as much as possible; the steps to follow are:

●      Start small

All forms of trading come with some sort of risk. Therefore, it is unwise to immediately invest vast sums of money if you are just learning the rope. Start with a minimum deposit of $250. Use the demo account extensively. Start with smaller deals. With time you’ll become comfortable and confident enough to exert more control over the trading bot strategies.

●      Allow the bot to trade for you.

As a novice, just set your trading bot to auto-trade and let it suggest and carry out trades on your behalf. As you get better and maybe get advice from some trading experts, you may tweak the settings to your preference. Don’t just rush in, thinking you’re the next Wolf of Wall Street, a lot of traders have lost their investment in that way.

●      Only put in as much fund as you can afford to lose

Like all right trading platforms, Bitcoin Trader advises users to invest what they can afford to lose. All forms of trading carry some level of inherent risk. Therefore, it is wise to put in little funds and build upon the profits you receive in the course of dealing.

●      Always withdraw your profits.

Many novice users are in the habit of immediately reinvesting their profit once they make a profitable trade. A lot of users have fallen into this trap and lost all of their benefits in the process. The best thing to do is to withdraw a significant portion of your profit immediately and reinvest the rest.

Robot Rating Properties Trade
circuit The best choice $250 Min Deposit98% - Success RateVery Easy To Use Trade Now

Has The Media Endorsed it?

Bitcoin trader has been rumored to have been endorsed on some prominent TV shows like Shark Tank and Dragon’s Den. Unfortunately, these rumors are untrue, and Bitcoin Trader has not yet been displayed on any television show.

Have Any Celebrities Endorsed the Bitcoin Trader?

Several celebrities like Elon Musk, Gordon Ramsay, and Peter Jones have been rumored to have shown support for the Bitcoin Trader platform. These rumors are also not true. Although these celebrities have been prominent supporters of the adoption of cryptocurrency, they have not officially endorsed any trading platform yet. However, the Bitcoin Trader platform is firmly against the spread of fake news and has worked hard to deny all sorts of false allegations and rumors.

Is the Bitcoin Trader System A Fake?

The Bitcoin Trader System is not fake. But, a significant issue here is that the platform faces several negative reviews online. However, this may be due to the newness of automated trading in the crypto scene. A lot of positive testimonies also speak on behalf of the platform. The only way to know for sure is to register and trade.

Bitcoin Trader Vs. Other Crypto Robo-Traders

Bitcoin TraderOther Trading Bots
High user security and secure site encryptionOther trading bots have sketchy security, and some have been accused of intentionally leaking user information for fraudulent purposes
The platform is incredibly easy to use. Even first-time users have little or no problem navigating around the siteSome trading platforms have extremely complicated formats which take forever to master
The Bitcoin Trader has lightning speed trading speeds which are much faster than other platformsSome platforms are notoriously slow when it comes to trading and are seconds behind Bitcoin Trader
Excellent customer service which is available to members 24/7May have little or no customer care, leaving members stranded when they run into issues on the site
Bitcoin Trader promises a high return on investment and delivers on this promiseOther trading platforms promise unrealistic returns and usually leave investors penniless
Dedicated tutorial to help users navigate the platformA lot of trading platforms practically abandon their new users after collecting their initial deposit
The $250 deposit is affordable for most investors who wish to invest in the platformOther traders offer extremely high minimum deposits
Robot Rating Properties Trade
circuit The best choice $250 Min Deposit98% - Success RateVery Easy To Use Trade Now

Frequently Asked Questions

How Much Should I Deposit with The Bitcoin Trader?
We would advise that you start small. The minimum deposit of $250 is a great place to start. After a few successful trades, you can then invest more into the platform.
How Much Can I Make with The Bitcoin Trader?
Bitcoin Trader claims to have a win-rate of 99.4% and profitability of $1300 per day. This means you stand to make quite a lot of money with your little deposit. However, how much you earn may vary based on specific market conditions and your initial deposit.
Can I Withdraw My Money from The Bitcoin Trader?
Of course, withdrawals from the platform are processed as quickly as possible. Withdrawals and deposits are typically processed within 24 hours. Simply fill out the withdrawal form, and your request will be attended to as soon as possible.

Our Verdict

From what we’ve seen, the Bitcoin Trader system is not a scam. The site can boast of user security and SSL site encryption. The registration process is simple, and the user interface is friendly. The demo account is a great asset that helps new users get over the sharp learning curve of crypto trading. With its high trade success rate and profitability, Bitcoin Trader is a great investment platform for all traders. Newbies and veterans alike

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Article info Author:
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Education: Cass Business School Master of Science (M.S.), Shipping, Trade & Finance 2009-2011 Cass Business School Bachelor of Science (B.S.), Investment & Financial Risk Management 2005-2008

Comments: 8
  1. Avatar
    Alex

    Is Bitcoin Trader a safe investment option?

    1. Philip Hawkins
      Philip Hawkins (автор)

      No form of trading is 100% risk-free. There is always an inherent risk that comes with trading or any business venture. However, the Bitcoin Trader platform uses highly sophisticated technology to promise users a high degree of profitability. The platform has a win rate of 99.4% and returns of at least $1300 per day. The minimum deposit on the platform is $250. A win-rate of 99% may not be perfect, but it is one of the best options.

  2. Avatar
    Mathiew

    Is Bitcoin Trader profitable if you don’t know how to trade?

    1. Philip Hawkins
      Philip Hawkins (автор)

      Yes, even if you do not have much experience with trading, it offers excellent tutorials and a free demo account, which are more than enough to get you started. Though you don’t have to be an expert trader, having some experience with cryptocurrency trading can help you make more profits. You can trade using your strategies and investment plans. You can also just let the bot trade at its default settings and make a profit if you do not feel confident enough to add your strategy.

  3. Avatar
    Joe K.

    Does Bitcoin Trader use High-Frequency Trading (HFT) technology?

    1. Philip Hawkins
      Philip Hawkins (автор)

      The platform uses High-Frequency Trading to make multiple trades in a second. High-Frequency Trading works by collecting signals from the market and analyzing it quicker than any human or lower trading technology. Using this information, it feeds profitable deals to a selection of brokers who execute multiple transactions within a second. This is much quicker than even the most seasoned trader. This is possible due to its robust programming algorithm with which the platform was built.

  4. Avatar
    Joan

    How strict is their user verification?

    1. Philip Hawkins
      Philip Hawkins (автор)

      The platform only deals with licensed cryptocurrency brokers who operate using the Know Your Customer (KYC). This means they have strict user verification standards. You will be required to submit specific details for added security. These include a government-issued ID and a document that indicates your current residential address for verification. This is part of the Know Your Customer campaign. It was initiated by governments all around the world to stamp out money laundering and other fraudulent activities. Be wary of any broker platform which does not request this information.

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How Much Should I Deposit with The Bitcoin Trader?
We would advise that you start small. The minimum deposit of $250 is a great place to start. After a few successful trades, you can then invest more into the platform.
How Much Can I Make with The Bitcoin Trader?
Bitcoin Trader claims to have a win-rate of 99.4% and profitability of $1300 per day. This means you stand to make quite a lot of money with your little deposit. However, how much you earn may vary based on specific market conditions and your initial deposit.
Can I Withdraw My Money from The Bitcoin Trader?
Of course, withdrawals from the platform are processed as quickly as possible. Withdrawals and deposits are typically processed within 24 hours. Simply fill out the withdrawal form, and your request will be attended to as soon as possible.