Bitcoin Money review updated 2020 and our conclusion. Bitcoin Money employs computer-based programming to let users trade cryptocurrencies and earn passive income from it. A user will create an account within minutes, deposit at least $250, then switch on the auto-trading button. Because it is an automatic trading app, it allows users to trade without any crypto knowledge or experience.
It makes quick and very accurate crypto price predictions, in addition to placing thousands of trading orders on broker platforms. This helps deal with the high price volatility in crypto.
Based on the information provided on the Bitcoin Money website, you can trade with the app at any time. Users should expect a profit return rate of 88%. In other words, 9 out of ten trades made using the app are profitable.
Users of the Bitcoin Money app earn profits by trading crypto price volatility. It does so by using computer algorithms to analyze crypto markets. The output is tradable insights that are used to design trading orders. When these orders are executed automatically, this app will make profits.
The possibility of making a profit is because the price prediction is very accurate. Therefore, most trades are profitable. The other reason is making very many trades per hour, which handles high volatility. Start trading now using the link in the table below or keep reading the Bitcoin Money review to find out why it is a genuine software.
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Is Bitcoin Money Scam or Legit?
An analysis of Bitcoin Money reviews by people who are using the app shows that it is highly likely a legit app. The Bitcoin Money website provides some information about the working of the app and what users should do to use it. The many positive Bitcoin Money reviews and the absence of many genuine Bitcoin Money scams appear to suggest this app is legit. There are many Bitcoin Money reviews posted on TrustPilot, which is an independent review site accepting genuine reviews from real users.
However, there are Bitcoin Money scams which allegedly are from crypto protagonists. These allegations are that this app is a scam. However, independent reviews and tests show a very different result that goes against claims in these Bitcoin Money scams.
The app uses computer algorithms such as artificial intelligence, machine learning, and natural language processing methods. These are known methods that work in trading of Forex and stocks.
Further, looking at many Bitcoin Money reviews, this app appears to be highly transparent. The information on the Bitcoin Money website is verifiable and credible. For instance, the app does not charge fees, and information on fees is accurate. However, it does not provide any information about the founders and team behind the app.
In addition to all the evidence pointing to a legit app, and defying all Bitcoin Money scam claims, the app has good customer service. Although the app does not disclose its founders, it is well established as an auto trader too, or bot. Many people are already finding it trustworthy and helpful.
What is Bitcoin Money?
The Bitcoin Money app allows you to profit from the falling and rising crypto market. In other words, it generates profit whether prices are falling or rising. It employs computer code to derive trading insights. It then formulates trading orders based on the insights and posts them on a broker exchange platform. When the orders are completed, it makes a profit out of it.
Profitability is high because of the high accuracy in the analysis of profits. Plus the app will send thousands of orders on a broker exchange platform in a minute. This is because prices are changing every other second and there is high volatility.
These changes can also be huge. Placing thousands of orders at different instances within a minute helps deal with high crypto price volatility.
First, it beats humans in the speed of doing these analyses. Plus it uses a vast amount of data at a very high speed, which beats any human manual price analyses. Additionally, they do not use only technical analyses. They combine these with news and reports and other information to comprise what is called fundamental analyses. The Bitcoin Money bot will then derive insights from these analyses.
High-frequency trading methods are proven to work in Forex and stock trading and are nothing new.
They work to make profits for users. The Bitcoin Money app makes a profit from 8 out of 10 trades. It stays ahead of the market by 0.01 seconds. This trading robot is similar to Bitcoin Rush, another trading software we have recently tested.
Although the app earns profit in most of the trades, users need to be aware of the risks involved in trading crypto. It is important to set a risk of at least 10% to minimize losses. Irresponsible trading such as setting a high risk can lead to blowing of the account. Users need to start trading with the minimum amount of $250. It is recommended to start small before increasing the investment. A good strategy is to plow back profits regularly.
How to Use BTC Money App
Users only require creating an account on the Bitcoin Money website, deposit at least $250, and then switch the auto trader button. The Bitcoin Money app can make users income within 20 minutes of trading. However, a user will not need to keep monitoring the app throughout. The user can return after about 8 hours or so to check performance and profitability.
Registering: A registration form on the Bitcoin Money website allows users to fill in their name, email and phone number to create an account within 5 minutes. The app secures data and information collected. This is because the website is SSL-encrypted and hackers cannot access user data from customers. It also employs strong password creation and data protection policies.
However, sending unsolicited offers to customers through the data they use to sign up, may be annoying for some customers.
The app allows sign-ups in select countries where they have brokers to work with.
Deposit, Live Trading, Demo Trading, and Withdrawal
Depositing: According to the Bitcoin Money website, a user needs to deposit a minimum of $250 to start trading. Visa, MasterCard, Skrill, and Web Money are some of the methods allowed for deposit. Customers can also deposit using Neteller, Maestro, and Wire Transfer.
Demo and live trading: This app allows users to test trading with it without real money, using the demo trading feature. You learn to trade with virtual money. Once a user is confident that the app will help him or her in trading activity, they can then switch the live trading button to trade with real money.
Withdrawing: Like is the case with deposits, withdrawals are free to do on the Bitcoin Money app. Bitcoin Money scam claimers should note that this is one of the features that define a genuine bot. It must allow withdrawals. This app allows you to withdraw capital and profits at any time.
Verdict: Is Bitcoin Money Scam? No.
It uses proven high-frequency trading strategies. The app has positive customer reviews on trustworthy third party sites such as Trustpilot and earns good profits from trading crypto. It also has good customer service. Further, it works with legit brokers who secure customer funds. Thank you for checking our Bitcoin Money review. Don’t forget to follow us on our Facebook page and Youtube channel. Also, don’t forget to subscribe to our website.
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