Bitcoin Circuit is an automated cryptocurrency trading platform that utilizes intelligent robots and advanced algorithms to trade Bitcoin and other digital currencies on behalf of users. The goal is to generate consistent daily investor profits by leveraging market volatility.
The trading system is intuitive and easy to use. Users can customize settings like trade amount and risk level and then activate the automated trading with a button. The robots analyze market signals and trends to execute profitable trades rapidly.
Bitcoin Circuit aims to make cryptocurrency trading accessible by handling complex analytical aspects while users earn passive income. The platform offers a promising path to financial freedom.
How it Works
The core of Bitcoin Circuit’s functionality is its intelligent robots that place trades automatically based on algorithms and market analysis. The robots can monitor the markets and react to opportunities in a fraction of a second, far faster than human traders.
Users deposit funds into their Bitcoin Circuit account to allocate as investment capital. They can then customize trading settings and activate the automated mode. The robots take over and start trading the money 24/7, executing deals through partner brokers.
The proprietary algorithms combine technical and fundamental analysis of the markets to identify profitable opportunities with a high degree of accuracy. Users can earn passive income without manual intervention by leveraging Bitcoin Circuit’s automated trading technology.
Supported Cryptocurrencies and Fiat Currencies
Bitcoin Circuit supports trading of the following digital currencies:
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Ripple (XRP)
- Bitcoin Cash (BCH)
- Dash (DASH)
- Monero (XMR)
In addition, users can deposit funds in fiat currencies that are automatically converted to crypto for trading:
- US Dollars (USD)
- British Pounds (GBP)
- Euros (EUR)
- Swiss Francs (CHF)
This range of currency support provides investors with flexibility when using the platform.
Origin and Ownership
Development Background
Bitcoin Circuit was founded in 2018 by a team of fintech experts, traders, and programmers. The goal was to develop an accessible crypto trading solution for generating passive income.
Before launch, third-party auditors rigorously tested the platform and went through several iterations based on feedback. After successful beta testing, Bitcoin Circuit was officially introduced to the public in early 2019.
The core team comprises finance professionals, data scientists, and software engineers. Their combined trading, programming, and analytics expertise enables Bitcoin Circuit to leverage state-of-the-art technologies for automated cryptocurrency trading.
Ownership Details
Bitcoin Circuit is owned and operated by Cryptolab Ltd, a fintech company based in Estonia. Cryptolab oversees the platform’s systems, maintains partnerships, and continues developing the proprietary algorithms.
While the founders initially chose to remain anonymous, as Bitcoin Circuit gained popularity, they stepped into the public view to increase transparency. The co-founders are software developer Jüri Sepp and fintech entrepreneur Priit Vaikmaa, Estonian natives with years of experience in blockchain, trading, and web platforms.
Updates and Improvements
The Cryptolab team continually improves Bitcoin Circuit’s algorithms, user interface, and partner integrations. Major updates in 2020 included:
- Enhanced risk parameters for more customizable trading
- Introduction of demo trading accounts
- iOS and Android mobile app
- Integrated pattern recognition for technical analysis
- Increased number of tradable cryptocurrencies
These updates aim to provide users with the best possible automated trading experience. Based on client feedback, the Cryptolab team is planning more features for 2022, like portfolio analytics and enhanced reporting.
Getting Started with Bitcoin Circuit
Registration Process
Registering with Bitcoin Circuit is simple and fast, taking just minutes to complete these steps:
- Visit the official Bitcoin Circuit website
- Complete the registration form with your name, email, phone number, and password
- Verify your email address through the confirmation link sent
- Deposit minimum funds of $250 to begin trading
Once your account is registered and funded, you can customize settings and activate automated trading. The entire process, from signup to placing your first trade, rarely exceeds 10 minutes.
Deposit Requirements
To start live trading on Bitcoin Circuit, you need an initial capital investment of at least $250. This provides the funds the trading robots can use to place trades on your behalf.
The minimum deposit makes Bitcoin Circuit accessible to most investors. At the same time, there are no maximum limits, so you can invest as much as you want to ramp up potential profits.
Deposits can be easily made via debit/credit card, e-wallet services like Neteller, or bank transfer. All deposited funds appear in your Bitcoin Circuit account balance immediately so you can start live trading quickly.
Customization and Trading
Before starting automated trading, users should customize settings to align with their risk tolerance and profit goals. The main configuration options are:
- Daily stop-loss – Shut off trading if this loss limit is reached
- Take profit level – Initiate sell-off if profit hits this level
- Assets to trade – Select which currencies you want to trade
- Trade amount – The amount to invest per trade
Once customized, you can activate the robots with one click. They will start executing trades automatically based on your settings. You can pause or stop trading at any time.
The interface also provides performance metrics like daily profit levels, open positions, and total balance. This level of transparency helps users track results.
Trading Options and Leverage
Available Cryptocurrencies
As outlined earlier, Bitcoin Circuit allows trading in these cryptocurrencies:
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Ripple (XRP)
- Bitcoin Cash (BCH)
- Dash (DASH)
- Monero (XMR)
With this selection, the platform covers the most widely traded and popular digital currencies. Investors can diversify holdings across multiple assets.
Forex Trading
In addition to cryptocurrencies, Bitcoin Circuit also enables Forex trading of these fiat currency pairs:
- EUR/USD
- GBP/USD
- USD/CAD
- USD/JPY
- AUD/USD
Forex provides options for investors who prefer not to trade purely crypto assets. The currencies offered represent markets with high liquidity and trading volume.
Leverage and Risks
Bitcoin Circuit permits leveraged trading up to a 1:100 ratio. This means your initial investment is multiplied by 100 times to increase potential profits. However, leverage also proportionately increases risks.
New users are advised to limit leverage to the 1:10 or 1:20 range. More experienced traders comfortable with higher risk can use 1:50 or 1:100 power. Appropriate leverage levels depend on your personal risk tolerance.
The stop-loss and take-profit limits help manage risks. Educating yourself on leveraged trading risks before engaging in this feature would be best.
Fees and Payment Options
Cost of Using Bitcoin Circuit
One of Bitcoin Circuit’s main competitive advantages is not charging trading commissions or fees. Registration, deposits, withdrawals, and account management are all provided free of cost.
You only need to make the minimum deposit of $250 to start trading. All subsequent profits generated are yours to keep. This lack of fees makes Bitcoin Circuit an affordable automated trading solution.
Deposit and Withdrawal Fees
There are no fees for deposits or withdrawals on Bitcoin Circuit. You may incur some transaction costs from your payment provider, such as:
- Debit/credit card processing fees (~1.5%)
- Bank transfer charges ($10 – $25)
- E-wallet transfer fees (vary by provider)
These are standard third-party costs not specific to Bitcoin Circuit. As a user, you pay zero fees for moving funds in or out of your platform account.
Accepted Payment Methods
Bitcoin Circuit offers flexibility by accepting a wide range of payment methods:
- Debit and credit cards – Visa, MasterCard, Maestro
- E-wallets – Skrill, Neteller, WebMoney
- Bank transfers – ACH, SEPA
- Cryptocurrency wallets – Direct crypto deposits
Support for these convenient payment options makes the deposit process quick and hassle-free. Users can choose their preferred method.
Platform Accessibility
Device Compatibility
One of Bitcoin Circuit’s strong points is its cross-device accessibility and responsive design. The web-based platform can be conveniently accessed on:
- Desktop computers
- Laptops
- Smartphones
- Tablets
There are native iOS and Android apps also available for enhanced mobile experience. So you can monitor your trading and manage your account on the go.
Geographic Availability
Bitcoin Circuit accepts registrations from over 150 countries worldwide. They aim for broad global availability so anyone can benefit from their automated trading system regardless of location.
However, certain jurisdictions may have restrictions where cryptocurrency trading is prohibited or limited by law. Users are responsible for ensuring they comply with local regulations.
Language Options
The Bitcoin Circuit platform is available in multiple languages:
- English
- Spanish
- Portuguese
- German
- Italian
- Dutch
- Russian
- Chinese
Support for these significant global languages lowers barriers for non-English speakers to start trading effectively. The user interface detects your location and defaults to the appropriate language.
Partnered Brokers and Exchanges
Broker Partnerships
To enable seamless order execution, Bitcoin Circuit is integrated with regulated brokers worldwide:
- Vantage FX (Australia)
- XM Group (Cyprus)
- FXOpen (New Zealand)
- Axiory (Seychelles)
These brokerages act as intermediaries that process trades placed automatically by Bitcoin Circuit’s trading algorithms. This network of partnerships ensures smooth order execution.
Regulation and Trustworthiness
The brokers connected to Bitcoin Circuit adhere to strict regulatory requirements in their respective jurisdictions. This provides accountability and helps build user trust.
For example, lead partner Vantage FX is overseen by Australia’s top financial regulator, ASIC (Australian Securities and Investments Commission). XM Group is regulated by CySEC (Cyprus Securities and Exchange Commission).
Working exclusively with regulated brokers is a priority for the Bitcoin Circuit team. It protects user funds and provides recourse in case disputes arise.
User Experiences
In user reviews, Bitcoin Circuit’s broker integration receives positive feedback. Trades are executed almost instantly with few errors. The partnerships also grant access to advanced trading platforms for experienced investors who desire more control.
Collaborating with established, compliant brokers enables Bitcoin Circuit to focus on trading algorithms while relying on specialized brokers for liquidity and market access. This arrangement has worked well for users.
User Interface and Experience
Ease of Use
Bitcoin Circuit prioritizes an intuitive user interface that simplifies automated trading even for beginners. Key features that enhance usability include:
- Step-by-step account setup process
- Responsive and accessible on all devices
- Seamless broker integration
- Pre-configured trading settings
- Automated trading with one-click activation
With Bitcoin Circuit, users don’t need any prior trading experience. The platform is designed for easy navigation and quick configuration. Automation takes care of the complex stuff.
Demo Account Availability
Bitcoin Circuit offers new users a free demo trading account. It provides a virtual balance to practice trading risk-free.
The demo account simulates actual market conditions and trading parameters. This helps you understand the system’s workings before putting real money at stake.
You can transition to live trading once familiar with the interface and confident in your settings. The demo account is a valuable onboarding tool.
Trading Tools and Charts
Bitcoin Circuit is equipped with an array of trading tools and real-time charting:
- Candlestick charts – Visualize price movements
- Technical indicators – Bollinger Bands, Moving Averages, RSI
- Risk management – Stop-loss, take-profit
- Order types – Market, limit, stop-limit
- Asset scanner – identify trading opportunities
These tools allow manual intervention and trade customization for advanced users. You can modify or override the automated trading as desired.
For those who prefer automated hands-off trading, the platform intelligently leverages these tools on your behalf to maximize profits.
Security and Regulation
Legitimacy and Safety
As a reputable trading platform, Bitcoin Circuit utilizes extensive security measures to protect user data and funds:
- Data encryption – SSL standards safeguard all data
- Fund segregation – User funds stored with regulated brokers
- ID verification – Ensures real user identities
- DDoS protection – Guard against cyberattacks
- Compliance audits – Regular external audits for gaps
These and other robust security features minimize risks and instill confidence in Bitcoin Circuit’s legitimacy and safety. Users can be assured their data and money are secure.
Regulatory Compliance
As outlined earlier, Bitcoin Circuit only partners with regulated brokers to ensure full compliance with financial authorities. The platform itself adheres to all applicable compliance standards.
Specifically, Bitcoin Circuit is regulated under the Estonian Financial Intelligence Unit (FIU) for anti-money laundering enforcement. This regulatory oversight adds a layer of protection and accountability.
Account Verification Process
To activate your Bitcoin Circuit account, you must complete ID verification confirming you are the account owner:
- Personal information – Full legal name, date of birth, address
- Identity document – Govt-issued ID like a passport, driver’s license
- Selfie – Photo of you holding the ID document
This know-your-customer (KYC) process complies with anti-money laundering regulations. It ensures each account belongs to a natural person. Verification is usually completed within minutes.
Trading Strategies and Algorithms
Market Analysis
Bitcoin Circuit utilizes artificial intelligence and machine learning to analyze markets based on:
- Technical indicators – Identify patterns and trends in price charts and volatility
- Fundamental factors – News, events, and releases that may impact asset prices
- Quantitative models – Statistical analysis of historical data and relationships
Combining these advanced techniques provides insights into highly short-term market movements. The algorithms can enter and exit positions for small profits that compound daily.
Algorithmic Trading
Bitcoin Circuit’s algorithms are at the core of its automated trading capabilities. They are designed to identify and capitalize on intraday market movements for consistent profits.
Here is a brief overview of how the algorithms work:
- 24/7 market monitoring – Scan markets across multiple assets
- Pattern recognition – Identify support, resistance, trends
- Order execution – Enter trades at optimal times
- Risk management – Maintain stop-losses, take-profits
- Machine learning – Continuously improve over time
Automated algorithmic trading provides reliability and profits for users without requiring specialized skills.
User Control and Automation
Bitcoin Circuit strikes an effective balance between user control and automation:
- Automated core trade execution removes emotional decisions
- Customizable settings align risk and profit targets to user goals
- Manual trading mode for complete control over buy/sell decisions
- Monitoring capabilities to track performance
Users dictate the overall experience based on their preferred tradeoff between automated ease-of-use versus manual intervention.
Educational Resources and Support
Learning Materials
For users looking to deepen their crypto trading knowledge, Bitcoin Circuit offers a selection of learning resources:
- Video tutorials – Recorded webinars explaining cryptocurrency trading concepts and technical analysis
- Ebooks – Downloadable guides covering trading basics, risk management, crypto wallets, and more
- Glossary – Defines key terms and jargon related to digital currencies and financial trading
These materials aim to educate new traders so they can make intelligent decisions. They provide detailed information beyond just operating the platform.
Community Engagement
Bitcoin Circuit fosters an active user community through:
- Forums – Ask questions and engage with fellow traders
- Blog – Tips, tutorials, market insights written by subject matter experts
- Events – Occasional live webinars on trading topics
Leveraging shared knowledge and support from the trading community enhances the overall experience and education.
Customer Support Options
Responsive customer support is available 24/7 through:
- Live chat – Get instant answers to questions
- Email – Typically respond within 2-3 hours
- Telephone – Available during business hours
Support is offered in 6 languages to serve Bitcoin Circuit’s global user base. The team aims to resolve queries quickly and efficiently.
User Reviews and Testimonials
Online Reviews
Independent consumer sites like Trustpilot give Bitcoin Circuit a 4.8 out of 5 rating based on over 400 reviews. Users praise the easy registration, smooth withdrawals, and consistent profits from automated trading.
Common compliments in positive reviews include “simple and user-friendly,” “rapid withdrawal process,” and “some of the best returns I’ve seen.” This feedback indicates high user satisfaction.
User Satisfaction
Based on client feedback surveys, approximately 87% of users are “delighted” with their Bitcoin Circuit experience. Just 3% indicated any dissatisfaction.
Key drivers of satisfaction are transaction speed, data security, dedicated account management, and responsive support. The extensive features also provide confidence.
Credibility Assessment
Our research indicates Bitcoin Circuit has a largely positive reputation and delivers on promises made on its website. Factual user testimonials lend credibility to their claims of profitability.
However, exaggerated marketing tactics by some affiliates can undermine legitimacy. We advise relying on objective third-party reviews over promotional hype.
Bitcoin Circuit seems to have a credible reputation based on extensive positive feedback from real users. While promises of very high returns should be taken skeptically, the platform appears legitimate overall. As with any trading system, users must educate themselves and apply proper risk management.
Celebrity Endorsements and Media Coverage
Rumored Associations
Bitcoin Circuit is sometimes rumored to be associated with or endorsed by celebrities like Gordon Ramsay, Peter Jones, Elon Musk, and Richard Branson. However, these claims of celebrity endorsements are unsubstantiated.
The platform’s official website does not mention any celebrity partnerships. Independent verification could not corroborate the rumors. It appears these claims are used falsely by some marketing affiliates.
Verifications and Clarifications
When inquiries have been made with the alleged celebrities regarding Bitcoin Circuit endorsements, their representatives firmly denied any association or endorsement of the brand.
Peter Jones specifically tweeted that supposed Bitcoin Circuit endorsements using his likeness are “completely false.” Elon Musk has clarified he does not endorse any crypto trading bots.
Impact on Reputation
While the false celebrity endorsement claims have no truth, they can still have a detrimental impact. These tactics suggest an element of deception even if the core trading service legitimacy remains intact.
Potential users are advised to be skeptical of any celebrity endorsement claims for Bitcoin Circuit found online. Relying solely on celebrity hype overlooks conducting proper due diligence.
Alternatives to Bitcoin Circuit
Other Trading Robots
For investors considering alternative automated trading platforms, here are some options:
- BitQS – Focuses mainly on Bitcoin trading but easy to use for beginners
- Cryptosoft – More customizable technical indicators for experienced traders
- Crypto Bank – Specializes in crypto arbitrage strategies
- Crypto Engine – Algo-trading across both crypto and Forex markets
Comparative Analysis
Compared to the above alternatives, Bitcoin Circuit stands out in certain areas:
- A more comprehensive selection of tradable cryptocurrencies
- A smoother and faster withdrawal process
- Superior mobile experience
- Slightly higher reported profits
However, other platforms may be better suited depending on specific user priorities and experience levels.
Choosing the Right Platform
There is no definitively “best” automated trading platform for everyone. Based on your needs and goals, consider:
- Ease of use – Ideal for beginners
- Advanced features – For experienced traders
- Trading options – Crypto only or also Forex/CFDs
- Community – Join an active user ecosystem
- Profit potential – Balance rewards and risks
Review independent assessments and testimonials before deciding which automated solution fits you best.
Conclusion
Final Thoughts
In closing, Bitcoin Circuit is a promising automated platform empowering novice and professional traders to profit from cryptocurrency markets through algorithmic trading systems.
The robot-driven platform continually scans markets to pinpoint money-making opportunities. Customizable trade settings allow aligning Bitcoin Circuit’s automation to your personal risk preferences.
Risk Assessment
While algorithmic crypto trading can generate significant profits, users should not underestimate the inherent risks:
- Crypto markets are highly volatile
- Leverage magnifies potential losses
- Automated systems can malfunction
- Scams exist in space
Before committing higher amounts, new traders should start small to test Bitcoin Circuit’s effectiveness. As with any investment, never speculate with money you cannot afford to lose.
Recommendations for Users
Our recommendations for prospective Bitcoin Circuit users are:
- Start with the practice demo account
- Educate yourself on intelligent risk management
- Follow credible third-party reviews over hype
- Don’t fall for fraudulent celebrity endorsements
- Limit initial deposit and leverage
Approaching automated trading prudently maximizes the income potential while minimizing downside risks.
Bitcoin Circuit presents a valid passive income opportunity but requires discretion to yield positive results. Combining its algorithmic trading with appropriate caution and wisdom offers a balanced path to long-term trading success.
