Bitcoin Trader Review

Bitcoin Trader is an automatic trading software created by Gary Roberts in 2017 that claims to automatically trade, buy and sell bitcoin for profit by following the market trends and executing automatic trades 0.01 seconds faster than its competitors.

The Bitcoin Trader app eliminates the manual process of buying and selling bitcoin on an exchange, inviting beginners to register, make an investment, and use the auto-trade functionality.

In this Bitcoin Trader review, we will examine whether the software is a scam or not, and whether it really has been endorsed on popular programs such as Shark Tank and the Dragons Den.

The software is used to trade bitcoin and five other cryptocurrencies. It claims to be able to generate $1300 minimum daily profit for its investors, all for a minimum trading fee of $250. But is Bitcoin Trader Legit? Find out everything you need to know about this app in our review today.

  • Robot
  • Rating
  • Properties
  • Trade

Free to use

  • 82% claimed win-rate
  • $250 Min Deposit
  • Accepts Debit and Credit Card

All trading carries risk

Is Bitcoin Trader Legit?

Having dealt with the Bitcoin Trader app to clarify its reputation on whether it is a scam or not, we have reviewed its registration procedure, robot functionality and financial trust to help every intending investor be abreast of this trading system.

So, is this trading robot scam or not? When topics on trading robots and software are being discussed, it is often unclear whether to trust them when they claim to have great accuracy and that trading on them guarantees great profits.

According to the reviews we have found online, Bitcoin Trader should not be trusted, but we believe that due to the fact that auto-trading bots are a relatively new invention, reviewers are much harsher when evaluating platforms. We tried to detach ourselves from such prejudices and simply tested the platform to tell you what our findings are and what to expect from it. We also played around with several settings, including time frames and trading strategies such as Fibonacci to get the best results.

Is Bitcoin Trader Scam or Not? The Verdict!

We have tested the trading software and have made the following observations:

  •  The software’s trading signals claims to have a possible return of up to 88%.
  •  The software is free and the app is very functional. However, risks in auto-trading remain.
  • We recommend for every intending investor to start with an investment of no more than $250 to start.

What is Bitcoin Trader?

Bitcoin Trader is not the only auto trading robot with these functions. We have found Cryptosoft and Bitcoin Code to be equally trustworthy. According to the software, users do not have to do any manual trading and trades are placed within minutes and with what appears to be a solid accuracy. It reportedly rarely places unprofitable trades, which may be one of the aspects that has made Bitcoin Trader such a popular robot.

While human traders take hours to do the appropriate research and find out what the most potentially profitable investment is, Bitcoin Trader claims to do the same amount of research in minutes and zero effort is required from you. As you may have heard though, the cryptocurrency market is known to be extremely volatile which means that even though the robot may have done all the work right, sometimes the market changes in a different direction than the one predicted by the robot and investments could go wrong. Even though the app claims that this is rare, it still is a possibility, so please be aware of it.

How does Bitcoin Trader App work?

If you have a lot of questions regarding the Bitcoin Trader app, rest assured because we are here to answer all of them. So, how does the robot actually work? It is pretty simple, and a very popular question. The main thing you should know is that it works independently from user inputs. It is not controlled by a person, it is 100% automatised, so once you register, create an account and deposit funds, your part is pretty much done. All that is left for you to do from then onwards is spend a few minutes every day to decide on the trading settings you prefer and then activate the auto-trading mode. What the trading app will do exactly is act as an investor and place the amount of trades you said you wanted to make. The software uses course progressions and statistics to ensure this happens. That basically means that before starting to buy and sell assets, the algorithm of the software is designed to scan market data for relevant information.

If you want to find out how to store Bitcoin and other cryptocurrencies, have a look through our Bitcoin wallets page.

Opening an Account – Step by Step

Getting ready to sign up for a trade account? Getting ready to make more money with this working software? Read and follow the instructions below.

Step 1: Registration

To sign-up, go to the Bitcoin Trader website. If you scroll down you will see the registration form that you will need to fill in to open an account with the robot. The registration process is pretty simple. It only takes three steps to complete and is totally free of charge. For the first step you will need your full name and email address.

Once you click on “next”, you will be moving on to the following step which will ask you to type in your password, which cannot be less than 6 characters and has to include both numbers and letters. The last and final stage asks you to choose your country and type in your phone number. After the three steps are completed, click on the “Register Now” button to sign up. On average, registration should not take more than 1-2 minutes.

Step 2: Deposit

Having completed the registration process successfully, you’ll log in to your account using the details used in registration. You’ll be required to make a deposit to start live trading. The minimum investment required for live trading is $250. As an advice, do not go beyond this amount for a start. So, for those who think $250 is quite affordable, do not be shortsighted about the presence of risk in trading.

The web platform accepts different forms of payment methods for deposit. Deposits can be best made by using a credit card. To make a credit card payment, you’ll be required to fill in the card number, card type (MasterCard, Visa or Maestro), the validity period, and security code. The payment gateway is secured for online transactions using SSL to prevent theft of financial information.

Step 3: Demo trading

The software offers you the option to trade in demo mode. We always advise users to do that because it gives them the possibility to gain first-hand experience with how it would be like to trade on the platform with real money. Not only the demo account gives you access to all the trading functions and opportunities on offers but it also allows you to place trades with a demo balance. Once you finish that balance and are confident about how the trading platform works, you can place real money into your account and start trading.

Step 4: Trading

After the deposit, you will be only one last step away from starting your trading experience. Before you can do that you will be suggested to change the trading settings, which include the amount you want to invest for each trade, the maximum amount per trade every day, the profit you want to make each day and so on. If you wish, you can also decide which currency pairs to trade with, such as XRP/EUR, BTC/EUR, BTC/USD, etc…

Of course, the more you know about the proceedings, tools and functions of the platform the more likely Bitcoin Trader claims you will be to make profits, so we recommend to start off with small investments and gradually increase them if you wish to scale up your trading activity.

How it works

The process is quite easy to understand. We have carefully studied the Bitcoin Trader, and how it works so, you can trust this review for accurate information. First, new users will be required to register an account. After this stage, they can deposit funds and activate the auto trading feature to start working for them. Sound easy right? We were happy about the straight forward process, and sure many users won’t have problems creating an account. In our case, we set up our account and ready to start earning in a few minutes.

The information we were required to provide are as follows, full names, contact information- we entered a phone number, and an active email address which was verified. The steps for registration have been described below

ROBOTRATINGPROPERTIESTRADE
The best choice Bitcoin Trader is NOT a scam
High Profit Ratio
Easy & Fast Withdrawals
Works also via App
Trade Now

Creating a Bitcoin Trader account

Step 1: Registration

Registration is done on the official BitcoinTrader website. There a registration form is provided which we completed before proceeding. There were no charges at any of the registration stages, unlike some other software we had tested.

After entering the required information – full name and contact information, we proceeded to the next registration stage, password creation. We entered a secure password of six characters according to the mandatory requirement. It is also stated that the password must be alphanumeric or the process cannot continue. Done with this step, we selected our country and entered a valid phone number. At this stage, the ‘Register Now’ tab was highlighted to continue the process. Averagely, this whole process should take less than two minutes.

Step 2: Making a Deposit

We chose to proceed by selecting the minimum deposit of $250. A deposit must be made before any user can activate the live trading feature. It is best if new users start with the minimum deposit of $250 and have the first experience before making higher deposits.

Making a deposit was easy because multiple payment options are available on the website. We saw that deposits could be made using MasterCard, Visa, or Maestro. To confirm the authenticity of a card, the user will be required to enter the expiry date and security code on the card. Before we entered this information, one of the experts in my team double checked the security in place for online safety. Thankfully, we found out that all transactions are protected with SSL. Satisfied with the security on the website, we proceeded to enter our payment information.

Step 3: Demo trading

Before starting the automated trading feature for live trade, we were prompted to tests the demo. The demo mode is a replica of the real trading process but without the use of real money. We tried it, and the demo mode was fantastic. We were able to view how live trades are done and how effective the system is, good enough, we made some money on the demo trade. Though earnings on the demo mode are not redeemable, we were confident in making real profits from our deposit of $250.

Step 4: Trading Process

It was interesting to find out that other cryptocurrencies were available for live trade. We were happy at this discovery because the existence of other cryptocurrency means traders can gain more from matching different currency pairs such as BTC/USD, XRP/EUR, or BTC/EUR and other combinations.

Before live trading starts, we were prompted to set trading limits for safety and select the currency pairs of our choice. This is where our knowledge of cryptocurrency trading was helpful. The initial settings will apply every day of trading, except it is changed before live trading starts.

In our case, we had some useful knowledge about cryptocurrency trading, so we were confident in deciding to activate the live trading feature. However, we advise everyone to use the demo mode first and start with little amounts to avoid loss. Trading limits can be slowly increased as the user learns more about the system.

We made impressive profits with our initial deposit and were able to withdraw our earnings without any problems. The transaction was fast and smooth, a plus for the Bitcoin Trader in our assessment.

Important Features of the Bitcoin Trader

Payout system

Let’s talk about our findings on the payout first since it is an area many people will be interested in. The platform is designed to help every trader earn as high as $1,300 every day. While this figure may only be achievable by experienced traders, from our experience, we are confident that new users with the minimum deposit can make impressive profits daily, just like we did. Over time, and with more experience, earnings will increase.

Verification Process

Verifying personal information is important. The details needed include full name, phone number, and an email address.

Withdrawal and Deposits

To make a deposit, we needed to enter the security code provided by our payment source as an authentication step before our account was debited. After earning a profit on the initial deposit we made, it was time to withdraw earnings and test the system. Thankfully, this was another smooth process. We were able to initiate a withdrawal request, and the transaction was completed in a few hours, unlike other platforms we had tested when our credit did not reflect for a few days.

Charges

We were particular about investigating the fees charged on the Bitcoin Trader platform because many of such services have different hidden charges unknown to users. It is with great pleasure that we found out there are no hidden charges on the Bitcoin Trader. Our initial deposit reflected in the account we created, and no deduction was made. So regarding hidden fees, using Bitcoin Trader is free.

Feedback system

We found some reviews posted by users on the website. They were interesting to read, some users made as much as $100,000 in profits after using the Bitcoin Trader for two months. Others have been able to make consistent profit every day, remarkably increasing their passive income.

Customer Support

We also tested the customer support system on Bitcoin Trader website, and it was a good experience. We saw options such as live chat, email, or phone numbers to contact a member of the customer support team. Using the live chat feature, we got a quick response, and the staff knew much about the system to provide the information we needed.

Brokers

The system is affiliated with online stockbrokers who support the different investments made by users. After making a deposit, our account was linked to an online stockbroker registered and vetted by the system.

ROBOTRATINGPROPERTIESTRADE
The best choice Bitcoin Trader is NOT a scam
High Profit Ratio
Easy & Fast Withdrawals
Works also via App
Trade Now

Registering a new Bitcoin Trader account

Step 1: Registration

The registration process is fast, we opened the registration form, and entered the required details, created a password and hit the submit button. We got an email notification in less than three minutes that our account details have been verified and we could proceed to make a deposit. The entire process lasted about five minutes. We were impressed with the registration process. It is fast, unlike many other platforms that require too much information.

Step 2: Making a Deposit

Regarding the deposit, we had a choice to deposit the minimum limit of $250 or the maximum limit of $15,000. We decided to start with the minimum limit for this review. A list of payment options was loaded on the screen, we chose to make our deposit with the MasterCard option, payment was completed in seconds.

Step 3: Demo trading

We had some time to test the demo trading feature which we think is very important. On the Bitcoin Trader site, the demo trading feature has been improved; it offers users a chance to see how the auto trading robots work. Also, there are tutorials and lots of information about cryptocurrency trading to guide investors.

Step 4: Live Trading With Bitcoin Trader

To use the live trading feature, we discovered that there are options to select different currency pairs. This is a good feature because it can increase the earning potentials of investors. The currency options for pairing include BTC/USD, XRP/EUR, ETH/USD, and other options for different coins. Before hitting the ‘starts live trading’ button, we set a stop-loss limit which is the smartest way to protect our funds because the cryptocurrency market has a tendency to suddenly become unpredictable.

Our first live trading experience was a huge success. We ended the live trading session after six hours, and the payout was calculated. We earned a profit of $130, every member of my team was so happy with the profit we had made.

It was another proof that Bitcoin Trader works. The next day, we tested the withdrawal system and it worked seamlessly.

Main features of the Bitcoin Trader

Payout system

We have good news about the payout system on Bitcoin Trader. It is accurate and fast. We had no issues with the wrong calculations, our funds were accurate. This aspect was also mentioned in the testimonial section. Many users confirm that they got the right payments on time.

Verification Process

The verification system checks all the information investors provide when registering a new account or updating user information. This is necessary to prevent fraud or issues when making a deposit or withdrawal.

Withdrawal and Deposits

The withdrawal system on Bitcoin Trader is fast, we made a withdrawal request, and the funds were cleared in 24-hours. We were amazed at the speed. Many other platforms we have tested processed withdrawals in one week. We know that many people will be impressed with the withdrawal process; it is a plus for Bitcoin Trader.

Charges

There are no hidden fees on this platform. It is one of the areas we were focused on while testing all the features. It is free to join, open a new account, and make a deposit. A commission is taken by the system from profits earned for investors. We think this is fair, the system only takes a commission after it makes you richer.

Feedback system

The developers have made it easy for users to provide feedback after a live trading experience. On the site, the feedback page features mostly positive reviews about Bitcoin Trader.

Customer Support

We only contacted the customer support team to test the system. There was no real need for the service. But we can confirm that the response is fast and they knew all the answers we wanted to hear.

Brokers

The brokers are responsible for monitoring the automated processes to ensure that investors get a high ROI after every trading session.

How is Bitcoin Trader different from other trading robots?

Bitcoin TraderOther Bitcoin trading platforms
The registration of a new Bitcoin Trader account can be completed in a few minutes.The lengthy registration process is usually too hectic.
Alternative payment options have been provided for convenience.New users may be restricted to only one payment method, which can cause delays if there is a downtime.
Multiple options to configure trading settings.Too many restrictions that can hinder opportunities to make money from the cryptocurrency market.
Real testimonials from satisfied users indicate that people are making money with Bitcoin Trader.Many bad reviews which indicate that it is risky to invest with the platform.
Fast withdrawal processing usually completed in 24-hours. Slow-paced withdrawals which can be inconvenient.

 Benefits of trading with Bitcoin Trader

Based on our experience with the auto trading system, we have identified the following benefits of using Bitcoin Trader;

  • Simple and easy to use features- A new user will not find it difficult to use the main Bitcoin Trader features because they are basic, and the site is easy to navigate.
  • Online customer support- The online customer service team is available 24/7, this is a good idea, and it is possible for everyone from all over the world to get help when needed regardless of their home country.
  • Demo trading feature- There is so much to learn with the demo trading feature. We also noticed that trading platforms with demo trading features are interested in helping their users make more money instead of hiding their processes. We commend trading platforms that offer users a chance to use demo trading.
  • Fast transactions- To make more money from the cryptocurrency market it is important that users have access to a system that performs very fast transactions. We are impressed with the Bitcoin Trader system; the robots work fast and are accurate.

The Bitcoin Trader System and Its User Interface/UI

The Bitcoin Trader Software makes real-time predictions about market trends. It also anticipates the top trader preferences and habits in the binary options trading markets. The Bitcoin Trader System puts forth the optimal trading options for beta testers. Members will benefit from the system, which performs all the calculations and makes the right decisions for profitable, risk-free trades.

You can access the Bitcoin Trader without paying any money. The Bitcoin Trader will never cost you any cash ever. No hidden costs or amounts are ever subtracted from winning trades and this just isn’t that type of a trading platform. When you fill out the Bitcoin Trader form for registration, you get access to The Private Bitcoin Trader member’s area, where the form is completed and you are subsequently connected with the binary brokerage. For an exceptional trading experience, trust the Bitcoin Trader platform, with its award-winning features.

Should you want to withdraw funds in the Bitcoin Trader member area, all you need to do is fill out a withdrawal request with the Bitcoin Trader platform and the cash is transferred to your bank account within 2 working days.

Moreover, the Bitcoin Trader UI is simple to use, besides being an effortless and a quick way to earn cash. The members also have the option to select languages, their Active Trades and get real-time updates on Trading History. The Bitcoin Trader Interface is so easy and simple, that even those without any experience in trading for a single day in their lives can access it and achieve quick profits.

Final Word

The Bitcoin Trader Software is a legit trading system with advanced, automated features. The bitcoin trader scam, as claimed by some review websites, is not true after all. You can download this 100% risk-free, brand new Bitcoin Trader app without paying a single cent and see quick results in just within the next 20 minutes, as the company claims!.