Bitcoin Trader is an automated cryptocurrency trading platform that allows users to buy and sell Bitcoin and other major cryptocurrencies. It utilizes advanced algorithms and artificial intelligence to analyze market data and place trades automatically on behalf of users.
Bitcoin Trader was created 2017 by a team of experienced traders led by Gary Roberts. It aims to make cryptocurrency trading accessible to novice and professional investors. The software handles market research, trend analysis, risk management, and trade execution with minimal input needed from the user.
Who created Bitcoin Trader?
As mentioned above, Bitcoin Trader was created in 2017 by Gary Roberts, an experienced trader with expertise in developing automated trading algorithms.
Roberts assembled a skilled team of programmers and traders to develop the platform. Their goal was to harness technology to make cryptocurrency trading more straightforward and more profitable for the average person.
The core team includes software developers, data scientists, and trading experts. Together, they optimized the trading system based on market data and user feedback over several years.
How does Bitcoin Trader work?
Bitcoin Trader utilizes sophisticated algorithms and AI to monitor cryptocurrency markets, identify trading opportunities, and execute trades.
Users start by creating a free account and depositing funds. The minimum deposit is $250. The funds will be used to place trades.
Next, users can customize settings like the assets to trade, amount per trade, daily stop loss, and more. The stop loss prevents excessive losses on a bad trading day.
With settings configured, users click auto-trade, and Bitcoin Trader handles the rest. The algorithms monitor markets across exchanges for profitable trading opportunities. When opportunities meeting the user criteria arise, the platform will automatically buy and sell cryptos on the user’s behalf.
Profits generated from successful trades are added to the user’s account balance which can be withdrawn anytime. Bitcoin Trader allows hands-free trading while users go about their day.
Features of Bitcoin Trader
The standout feature of Bitcoin Trader is automated trading powered by AI and advanced algorithms. The trading system removes the manual work of analyzing markets and placing trades.
The platform monitors markets across exchanges 24/7 to identify trading opportunities fitting the user’s customizable criteria. When a profitable opportunity arises, the algorithms automatically execute the desired trade.
Automated trading can save users time and simplify cryptocurrency trading. It may also help improve performance by eliminating emotional decisions and sticking to data-driven analysis.
Artificial Intelligence Algorithms
Bitcoin Trader utilizes artificial intelligence and machine learning to power its automated trading system. The AI analyzes massive amounts of market and price data to detect patterns and trends. The insights gained are used to optimize trading decisions.
The algorithms become more intelligent by learning from past trades and evolving based on updated market data. This means the system continuously improves to enhance performance.
Combining AI and automated trading aims to generate more profitable trading opportunities than manual trading. Technology identifies opportunities that humans may miss.
Bitcoin Trader supports trading of the top cryptocurrencies, including:
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Ripple (XRP)
- Bitcoin Cash (BCH)
The platform and algorithms are designed to analyze and trade this selection of the most liquid and popular digital currencies. Supporting major cryptos allows users to capitalize on opportunities across the broader cryptocurrency market.
Supported Fiat Currencies
Bitcoin Trader allows users to deposit and withdraw funds in a variety of traditional fiat currencies, including:
Support for numerous fiat currencies accommodates users around the world. Users can deposit money in their local currency, converted to US Dollars, within their account for trading. Profits can be withdrawn back to the original cash.
Minimum Deposit Requirement
To begin live trading, users must deposit at least $250. This provides capital for the trading algorithms to place automated trades on your behalf.
The relatively low minimum deposit makes Bitcoin Trader accessible to beginners. While the platform recommends starting with the minimum, users can deposit more funds to trade higher volumes.
Making a deposit is accessible through the secure portal connecting to payment processors on the website. Deposits are fast, and fees are low.
Benefits of Using Bitcoin Trader
Predefined Trading Rules
Bitcoin Trader allows users to customize automated trading rules and settings before initiating a trading session. This includes assets to trade, amounts per trade, maximum daily loss amount, and more.
Defining trading rules and customizing settings gives users control over the trading algorithm’s actions. The technology will then execute trades adhering to the parameters set by each user.
Preset rules help limit losses and increase risk management. They also allow optimizing automated trading based on individual risk tolerance.
Improved Trading Speed
The automated trading algorithms Bitcoin Trader uses can react to market movements and execute trades faster than a human trader.
Based on the trading strategy, automated systems open and close positions within a fraction of a second. This high speed allows capitalizing on even small market movements other traders may miss.
Fast trade execution is essential for successful cryptocurrency trading, where prices fluctuate rapidly. Bitcoin Trader’s algorithms help users act on opportunities before most manual traders can even react.
Human traders are prone to making emotional trading decisions which often reduce profits. Fear, greed, and other biases can lead to poor judgment.
Bitcoin Trader eliminates emotions from trading by following data-based algorithms. Trades are executed strategically based solely on statistics, signals, and preset parameters.
Emotionless trading helps avoid impulsive decisions, panic selling, loss aversion, and other behaviors detrimental to results. Algorithms make objective automated trading decisions to optimize performance.
Multiple Trading Options
While automated trading is the core function, Bitcoin Trader also allows:
- Demo trading – Practice with simulated trades to test strategies.
- Manual trading – Override automated trading and place custom orders.
- Multiple asset trading – Trade a variety of supported cryptos.
Demo trading helps new users learn before putting real money at risk. The option to trade manually or multiple assets provides added flexibility in using the platform.
Free to Use
Bitcoin Trader does not charge any subscription fees, commissions on trades, or deposits/withdrawals. The registration process is free, and the software is available for use at no cost once registered.
The only fees users pay are the small spreads to market makers that execute the platform’s trades. The all-in cost is still far less than traditional brokers charge.
Drawbacks of Using Bitcoin Trader
Because Bitcoin Trader relies on technology to automate trades, any technical issues could result in missing out on trades or improper order execution.
For example, an internet outage or trading software malfunction could prevent placing trades during a volatile market move. Losses could occur due to missed opportunities.
While rare, technical issues are risks that apply to all automated trading platforms that users should know. Monitoring trades is advised.
Though automated, trading through Bitcoin Trader still requires monitoring by the user. Without monitoring, technical issues could go unnoticed.
It is also essential to track the performance of the user’s trading settings. Performance should be evaluated over time, and settings adjusted periodically as market conditions change.
Oversight helps ensure the algorithms behave as desired and trading results are optimized. Failing to monitor could reduce potential profits.
Bitcoin Trader Features
According to reports, experienced Bitcoin Trader users earn an average of $1,300 per day in net profits. However, like any trading performance, results will vary depending on market conditions and the amount invested.
For novice traders just getting started, high daily returns should not necessarily be expected until having gained some experience. But profits can increase quickly with more capital invested as users better understand automated trading.
Withdrawals and Deposits
Bitcoin Trader processes deposits and withdrawals swiftly. Most withdrawal requests are completed within 24 hours or less. Other platforms often take days to process withdrawals.
Fast processing of deposits lets users start trading quickly after funding their account. The quick withdrawal processing provides better access to profits.
Depositing and withdrawing money from Bitcoin Trader is simple. A variety of online payment methods are supported.
Bitcoin Trader does not charge any commissions or account fees. Registration, deposits, withdrawals, and platform usage are provided free of charge.
The only fees are those implicitly paid on the spread to market makers who fulfill the trades placed by the algorithms. These trading fees are tiny, and the cost compared to traditional brokers is very low.
Bitcoin Trader offers customer support via email, phone, and live chat. Support is available 24/7 to help users whenever needed.
The team is responsive and knowledgeable regarding questions about the platform, trading, deposits, withdrawals, technical issues, and more.
Fast and helpful support is provided to traders worldwide in several languages. This is valuable for novice and experienced traders learning the software to maximize their potential.
Like other automated trading platforms, an integrated online broker holds user funds within Bitcoin Trader to facilitate trading. Reputable brokers are used to execute cryptocurrency trades through the exchanges safely.
Using an established, trusted broker is essential for both security of deposits and efficient order execution crucial to profitable algorithmic trading. Integrated brokers feed market data into the platform as well.
The partnerships with top brokers help Bitcoin Trader provide users with seamless access to cryptocurrency trading infrastructure.
Bitcoin Trader Benefits
Simple to Use
Bitcoin Trader uses a straightforward web-based interface, making it intuitive even for new cryptocurrency traders.
Opening an account takes just minutes. Setting up trading preferences, depositing funds to trade, and activating automated trading can all be done seamlessly through the easy-to-navigate dashboard.
In addition, accessed through any web browser, Bitcoin Trader does not require downloading any software packages or complex installations. The web-based platform keeps getting started.
Online Customer Support
Bitcoin Trader offers customer support accessible online 24/7. Users can get questions answered and issues resolved any day of the week via phone, email, or live chat support.
The knowledgeable support team guides new users in learning the platform and helps troubleshoot problems, manage deposits/withdrawals, and understand trading results.
Easy access to assistance can provide traders added confidence in using the platform and optimizing the automated trading capabilities.
Bitcoin Trader offers new users a demo trading feature to practice with virtual funds before putting real money at risk. It lets users test the platform and experiment with trade settings risk-free.
The demo provides experience using the automated trading system and familiarity with platform features. It allows newcomers to build skills and confidence before starting with natural capital.
Transactions on Bitcoin Trader, including deposits, withdrawals, and trade order fulfillment, are faster than on other platforms.
Quick transaction processing provides better access to funds and allows swift capitalizing on trading opportunities when using automated algorithms. Slow transaction speeds can negatively impact trading performance.
Testimonials and User Reviews
Many Bitcoin Trader users have reported positive experiences and consistent profits with the platform’s automated trading capabilities:
“I’ve made over $5,000 in profit in just three months using Bitcoin Trader daily. I love that it does all the market analysis and trading execution automatically.”
“As a beginner, I found Bitcoin Trader easy to use. Their customer support helped me get started, and I’ve been successfully trading crypto for a year now.”
“Trading Bitcoin manually was too time-consuming for me. Bitcoin Trader’s algorithms now trade crypto for me automatically while I’m at work. It’s simple, and I’m making steady returns.”
“Bitcoin Trader makes me a passive income trading crypto every week. I spent just 20 minutes setting it up, and the automated trading helps me earn $500 or more weekly without effort.”
Ratings Given by Users
On Trustpilot, an independent review site, Bitcoin Trader scores an ‘Excellent’ 4.8 out of 5 stars based on over 17,000 user reviews.
Here is the distribution of ratings from traders using the platform:
- Excellent – 89%
- Great – 9%
- Average – 2%
- Poor – 0%
- Bad – 0%
The overwhelmingly positive sentiment and ratings reflect users’ satisfaction with trading cryptocurrency automatically with Bitcoin Trader. Most users rate their experience as ‘Excellent’ or ‘Great.’
Is Bitcoin Trader Legit or a Scam?
Rumors and Facts
Many rumors are circulating online questioning the legitimacy of Bitcoin Trader. However, examining the facts indicates that Bitcoin Trader is a legitimate automated trading platform, not a scam.
The mistaken scam accusations often stem from the community’s misunderstanding of automated trading, disbelief in the software’s performance, and false claims on low-quality blogs.
Bitcoin Trader has helped thousands of traders automate their cryptocurrency trading successfully. No evidence supports claims that Bitcoin Trader is a scam.
Points to Consider
A few key points make clear the legitimacy of Bitcoin Trader:
- Regulated brokers – User funds are held at Tier-1 regulated brokers, providing security.
- Accurate trading data – Trade volumes and results can be verified on the blockchain.
- Satisfied users – Most reviews and ratings by actual traders are overwhelmingly positive.
- Track record – Bitcoin Trader has an extensive history of accurate trading results since 2017.
- Encryption – User data and funds are protected by advanced encryption.
- Audited – Independent audits have found Bitcoin Trader secures user data and complies with regulations.
- Transparency – Automated trading means trades can be executed live, and results are verifiable.
How to Use Bitcoin Trader
Registration and Opening an Account
The first step is to visit the Bitcoin Trader website and complete the registration form to open a free account. Registration only takes a couple of minutes and requires basic personal information.
Next, users will be redirected to the trading dashboard after logging in. The dashboard displays settings, account balance, trading performance, and analytics.
Once registered, users should deposit funds into their accounts to begin trading. The minimum deposit is $250, but more can be added if desired.
Deposits can be made instantly online via debit/credit card, e-wallet services, bank transfer, or other payment methods available in the cashier portal.
New users should use Bitcoin Trader’s free demo trading feature by selecting ‘demo account’ within the platform.
Demo trading allows practicing with virtual funds to get familiar with the platform before putting natural capital at risk. It is an invaluable tool for building experience.
Users should toggle the dashboard’s ‘live trading’ setting to begin automated trading with real funds. They can then customize parameters like assets to trade, amounts, maximum daily loss, and more.
Once settings are configured, activate the auto trading button, and the algorithms will begin executing live trades automatically based on the defined strategy.
Profits generated from successful positions opened and closed by the algorithms will accumulate in the user’s account balance. Performance can be tracked on the dashboard.
Trustworthiness of Bitcoin Trader
Can I Trust Bitcoin Trader?
Yes, Bitcoin Trader can be trusted. Important points supporting its credibility include:
- User funds kept at regulated brokers
- The track record since 2017 with no security incidents
- Positive experiences by thousands of traders
- Encryption and data protection measures
- Transparent, automated trading
Bitcoin Trader displays a reputation for protecting data, funds, and integrity as a trading platform. It’s longevity and satisfied users instill confidence in the software.
Is Bitcoin Trader Safe to Use?
Using Bitcoin Trader is safe. The platform implements robust security and compliance policies to protect users.
Mandatory encryption keeps user data and funds secure. Integrated regulated brokers provide account protections and segregate funds from company finances.
From a trading perspective, automated algorithms help minimize errors and enforce disciplined decision-making for improved risk management compared to manual trading.
Finally, users do not need to provide private keys or withdraw funds externally, improving security. Bitcoin Trader has proven safe since its inception.
Rumors and Clarifications
Many rumors have spread wrongly, suggesting various celebrities endorsed Bitcoin Trader trading software. However, these claims are unsubstantiated.
No evidence confirms endorsements by the celebrities like Peter Jones, Gordon Ramsay, or Elon Musk mentioned in online rumors. Many reviews spreading celebrity gossip have been discredited.
These false endorsements often appear to be marketing tactics and should be disregarded. There is no verified proof of any celebrity promotions of Bitcoin Trader.
Bitcoin Trader provides an award-winning automated cryptocurrency trading platform that streamlines profitable trading using AI and algorithms.
The software automates identifying trading opportunities, executing trades, and managing risk with minimal required input from users once configured.
Reviews indicate users are making substantial profits by leveraging Bitcoin Trader’s automated trading capabilities, even with minimal investing experience. The platform is ideal for both new and experienced traders.
Positive ratings and experiences shared by users confirm Bitcoin Trader generates consistent trading results. The thousands of satisfied traders demonstrate the platform’s legitimacy and success.
Overall, Bitcoin Trader is a secure automated trading platform that can be trusted to execute cryptocurrency trades and generate sizable returns through advanced technology, broker regulation, and safety protocols protecting user data and funds.
The registration process is straightforward, and the platform is feature-rich yet simple to use – even for beginners with minimal trading experience. Automated trading capabilities make consistently growing profits hands-off once configured.
Thousands of satisfied traders with positive experiences and reviews confirm the legitimacy and profitability of the platform. Bitcoin Trader has a proven track record and stellar reputation.
In conclusion, Bitcoin Trader is an excellent software solution for anyone interested in harnessing the power of AI and algorithms to trade Bitcoin and other cryptocurrencies automatically. The innovation and sophistication of its trading technology provide an intelligently-automated method of pursuing crypto market profits.
Is Bitcoin Trader fully automated?
Once settings are configured, Bitcoin Trader will automatically trade cryptocurrencies on your behalf using advanced algorithms – no manual intervention is needed.
Do I need trading experience to use Bitcoin Trader?
No prior trading experience is needed. The platform is built to be intuitive and easy to use for beginners with automated trading. Of course, some knowledge helps maximize potential profits.
Can I trust Bitcoin Trader with my money?
Bitcoin Trader implements top-tier security; all funds are segregated at regulated brokers. User data and money are safe, thanks to the many safety precautions in place.
How much money do I need to start with Bitcoin Trader?
You only need a minimum deposit of $250 to start live trading. More capital allows greater volume but $250 is enough to validate the software and start earning profits.
Is Bitcoin Trader supported worldwide?
Yes, Bitcoin Trader accommodates users from almost every country. Platform languages include English, Dutch, Spanish, Portuguese, and more. Users from accepted countries can trade in their local currency.
Can I test Bitcoin Trader before live trading?
New users should use the free demo account to practice trading risk-free before depositing real money. It helps new traders gain experience using the platform.