Bitcoin Freedom is an automated cryptocurrency trading platform that uses AI and machine learning to analyze market data and place profitable trades for users. The system is designed to be easy for beginners and provide advanced features for experienced traders.
This comprehensive guide will explore everything you need about Bitcoin Freedom, including how it works, key features, getting started, and pros/cons. Learn if Bitcoin Freedom is the right automated trading platform for your crypto investing needs.
What is Bitcoin Freedom?
Bitcoin Freedom is an automated cryptocurrency trading platform that utilizes advanced AI and machine learning algorithms to scan and analyze market data, identify potentially profitable trading opportunities, and automatically execute trades on behalf of users.
The trading system is designed to monitor and analyze price charts, market volatility, volume, and other factors 24/7. When the algorithms detect trading opportunities that match the pre-defined parameters set by the user, the system will automatically open and manage trades.
Bitcoin Freedom aims to help users profit from cryptocurrency market fluctuations without requiring technical analysis skills or constant monitoring of the markets. The easy-to-use web-based platform allows users to customize trading settings and start automated trading with a few clicks of a button.
Here are some key things to know about Bitcoin Freedom:
- Automated Trading Platform: Bitcoin Freedom handles the market analysis and trade execution automatically using AI and machine learning. Users can customize settings but do not need trading skills.
- Web-Based Platform: Bitcoin Freedom is accessed through a user-friendly web-based platform compatible with desktop and mobile browsers—no downloads are required.
- Markets Analyzed: Bitcoin Freedom scans significant cryptocurrency markets, including Bitcoin, Ethereum, Litecoin, and Ripple. More assets may be added in the future.
- Takes Long and Short Positions: The algorithms seek opportunities to profit from rising and falling crypto prices.
- Developed by Experienced Traders: Bitcoin Freedom was created by a team of experienced traders, financial analysts, and software engineers.
- Supported Brokers: Bitcoin Freedom partners with regulated brokers to handle deposits, withdrawals, and trade execution.
By leveraging AI and automation, Bitcoin Freedom aims to make crypto trading simple and accessible to new and seasoned investors. But is it safe, and does it work?
How Does Bitcoin Freedom Work?
Bitcoin Freedom utilizes sophisticated trading algorithms and machine learning tools to monitor cryptocurrency markets, analyze data, spot trading opportunities, and execute trades automatically. Here is an overview of how the Bitcoin Freedom trading process works:
Step 1: Scan Markets using Technical Indicators
The Bitcoin Freedom algorithm uses technical indicators like volume, volatility, moving averages, and more to scan and analyze the markets continuously. This allows the system to identify when prices are overextended, or a reversal may be likely.
Step 2: Identify Profitable Trading Opportunities
Based on the technical analysis in Step 1, the Bitcoin Freedom software spots trading opportunities that match the pre-defined trading criteria set by the user. This may include long or short positions and leverage/position sizing.
Step 3: Automatically Execute Trades
Once a trading opportunity is identified, Bitcoin Freedom automatically opens and manages the trades on the user’s connected brokerage account. Trades are executed 24/7 when opportunities arise.
Step 4: Monitor Open Trades
Open trades are monitored around the clock and closed out based on parameters like take profit, stop loss, and trailing stops. The platform aims to lock in profits while limiting the downside.
Step 5: Repeat the Process
The Bitcoin Freedom system repeats this automated trading process to capitalize on opportunities in rising and falling crypto markets. Users can customize settings.
While the algorithms do the heavy lifting regarding analysis and trade execution, users can adjust parameters like assets traded, position sizing, max daily trades, risk levels, and more. This gives traders flexibility and control.
Is Bitcoin Freedom Safe to Use?
Safety is a top concern regarding automated trading platforms like Bitcoin Freedom. Here are some key factors to consider:
- Regulated Brokers: Bitcoin Freedom partners with regulated cryptocurrency brokers to handle deposits, withdrawals, and trade execution. This provides oversight.
- Reputable Platform: Bitcoin Freedom has built a generally positive reputation online as a trusted and legitimate automated trading platform.
- Secure Communications: The platform website and web-based software use SSL encryption and other security measures to protect personal data.
- Fund Protection: User funds are kept segregated from company funds for extra protection. Brokers keep a portion in cold storage.
- Stop Loss: Trades have stop loss protections in place to limit downside risk on individual trades and prevent blow-ups.
- Withdrawal Assurance: Users maintain complete control of deposits and account balances. Withdrawals can be processed at any time.
While trading cryptocurrencies have inherent risks, Bitcoin Freedom implements various security measures to protect user accounts and funds. Many online reviews indicate users feel the platform is trustworthy.
How Much Does Bitcoin Freedom Cost?
One of the advantages of Bitcoin Freedom is that the platform itself is free to use. There are no subscription fees, commissions on profits, or hidden costs. Users only need to make the minimum required deposit with a connected broker to begin trading.
Here are the primary costs associated with Bitcoin Freedom:
- Minimum Deposit: A minimum deposit of EUR 250/USD is required to activate an account and start automated trading.
- Broker Fees: The brokers handling trades may charge nominal trading fees, commissions, or spreads on trades. Check broker terms.
- Withdrawal Fees: Depending on the payment method, a small fee may be charged when withdrawing funds from your trading account,
Apart from the minimum deposit requirement, other fees are typical of cryptocurrency trading accounts rather than specific to Bitcoin Freedom. Keep deposit minimums and potential brokerage fees in mind when budgeting for trading.
Getting Started with Bitcoin Freedom
Ready to get started with Bitcoin Freedom? Here is a step-by-step walkthrough of the account signup, system requirements, and setup process.
How to Sign Up for Bitcoin Freedom
Signing up for a Bitcoin Freedom account is quick and straightforward, taking just a few minutes to complete these steps:
- Visit the Bitcoin Freedom website and click “Open Account” or “Get Started Now” to begin registration.
- Provide Contact Details – Enter your name, email address, and phone number in the registration form.
- Verify Email Address – Check your email inbox for a verification link to confirm your email address. This validates you are a natural person.
- Choose Broker & Deposit – Bitcoin Freedom will direct you to the broker selection page. Choose a broker, make the minimum €250 deposit to fund your account, and complete KYC verification.
- Set Trading Parameters – Log into your new account dashboard, review settings, and set parameters like assets traded, trade amounts, daily stop loss, and more.
- Start Automated Trading – When ready, enable automated trading mode, and Bitcoin Freedom will begin analyzing markets and opening/managing trades for you.
The intuitive signup process requires just basic personal details and a few clicks to create your account and ready for automated crypto trading.
What are the System Requirements for Bitcoin Freedom?
As a web-based trading platform, Bitcoin Freedom does not require users to download any software and has flexible system requirements. All that is needed is:
- A computer or mobile device with an updated web browser like Chrome, Firefox, Edge, or Safari.
- An internet connection – broadband wired or wireless internet access, ideally.
- Email account access to verify your registration and set up two-factor authentication for security.
The Bitcoin Freedom platform is mobile-friendly, allowing users to monitor accounts, change settings, or enable/disable trading from a smartphone or tablet. The lack of complex software downloads keeps things simple.
How to Set Up Bitcoin Freedom
Once your Bitcoin Freedom account is created, login credentials received, and a deposit made, follow these steps to finish the setup process:
- Access Dashboard – Login to your Bitcoin Freedom account dashboard using the provided username and password.
- Account Verification – Complete the connected broker’s Know Your Customer (KYC) verification process providing proof of ID and address.
- Fund Account – Fund your account with a minimum €250 deposit via payment methods like credit card, e-wallet, or wire transfer.
- Review Settings – Review the default trading settings and make any desired adjustments to assets traded, trade amounts, daily loss limit, etc.
- Demo Trading – Use the demo trading feature to test the platform, get comfortable with functionality, and backtest strategies.
- Start Live Trading – When ready, switch the account into a live trading mode to begin automated trading with natural capital.
Once these steps are completed, your account will be live, and Bitcoin Freedom can start scanning markets, identifying trades, and managing your crypto portfolio automatically using the parameters you set.
Features of Bitcoin Freedom
Bitcoin Freedom provides users with extensive features to optimize and automate cryptocurrency trading. Here are some of the critical capabilities of the platform.
What are the Features of Bitcoin Freedom?
- Automated Trading – The core function of Bitcoin Freedom is automated trading powered by AI and machine learning. The algorithms handle market analysis, trade identification, order execution, portfolio management, and more, with no manual intervention needed.
- Customizable Settings – Users can specify their account settings, like which assets are traded, maximum daily stop loss, position sizing, max open trades, and more. This provides control over the auto trading experience.
- Demo Trading – An unlimited virtual demo account lets users trial Bitcoin Freedom risk-free. This helps build familiarity with the dashboard and tools. Demo trade results mirror actual market conditions.
- Mobile Accessibility – Manage and monitor your Bitcoin Freedom account on the go directly from a smartphone or tablet via the mobile-optimized website. Turn trading on/off as needed.
- Available 24/7 – Bitcoin Freedom conducts automated trading around the clock, so you never miss opportunities, even when sleeping or away from your computer.
- Portfolio Diversification – The algorithms scan for opportunities across a diversified portfolio of cryptocurrency assets like Bitcoin, Ethereum, Litecoin, etc. This spreads risk.
- Secure Communications – 256-bit SSL encryption and other security protocols protect user data, account access, and trading activities.
- Customer Support – Get access to customer support and assistance from Bitcoin Freedom via email, phone, or live chat. Help is available 24/7.
Bitcoin Freedom aims to provide an optimal mix of automation, control, accessibility, and risk management for crypto investors.
How to Use the Demo Account of Bitcoin Freedom
The free Bitcoin Freedom demo account is the best way to learn how the automated trading platform works before putting real money at risk. Follow these steps:
- Select “Demo Account” after logging into your Bitcoin Freedom account. This loads the demo version.
- Review the list of available virtual currencies and select which you would like to include in demo trading.
- Allocate a virtual deposit amount to fund your practice account balance for demo trading.
- Explore the dashboard, change settings, enable trades, and execute demo trades as desired to understand the functionality.
- Monitor demo trading performance over hours, days, or weeks to build skills without financial risk.
- Identify any changes or adjustments to settings, criteria, or strategies you want to implement in live trading mode.
- When satisfied with your platform grasp, click “Switch to Live Account” to exit demo mode and commence actual trading.
Leveraging the demo account to become proficient with Bitcoin Freedom before placing natural capital at risk is strongly recommended for all experience levels.
How to Use the Live Trading Account of Bitcoin Freedom
Once ready to trade cryptocurrencies for real, follow these steps to get the most out of your Bitcoin Freedom live account:
- Ensure your account is funded with the minimum €250 deposit required to activate live trading.
- Double-check all account settings are adjusted to your preferences for assets traded, trade amounts, risk limits, etc.
- Enable “Live Trading” mode on the dashboard, allowing Bitcoin Freedom to start analyzing markets and opening/managing positions automatically based on your criteria.
- Monitor account performance periodically to stay apprised of trading results but avoid checking compulsively. The algorithms do the work for you.
- Use tools like the mobile app to view your account, pause/resume trading, or withdraw funds as needed, whether home or away.
- Customize settings like stop losses and position sizing conservatively as you build confidence in the trading system over time.
- Withdraw profits regularly so they accumulate in your wallet rather than just your trading account.
- Reach out to Bitcoin Freedom customer support with any questions or issues so they can quickly assist.
Following these best practices will help you get the most benefit from automated trading and manage your account effectively.
Performance of Bitcoin Freedom
How well does Bitcoin Freedom perform when it comes to generating trading profits? Here is an overview of key metrics associated with the platform’s trading performance.
What is the Performance of Bitcoin Freedom?
According to data provided on the Bitcoin Freedom website and user reviews, the performance metrics of the automated trading platform include:
- 86% Reported Win Rate – Bitcoin Freedom reports an 86% win rate for executed crypto trades based on historical testing and live account trading results.
- Up to 57% Monthly ROI – Some users report earning average monthly returns on investment (ROI) between 20-57% depending on market conditions and settings.
- 9+ Cryptocurrencies – The algorithms scan major crypto markets for trading opportunities, including Bitcoin, Ethereum, Litecoin, Ripple, Dash, Bitcoin Cash, Monero, Stellar, and Cardano.
- According to Bitcoin Freedom, 0.02 Seconds Reaction Time – The software can analyze data and react to opportunities in as little as 0.02 seconds. This provides an edge.
- €250 Minimum Investment – Users can start automated trading with a minimum account balance of EUR 250 or USD. Higher ratios allow more excellent position sizing.
- 24/7 Trading Access – The algorithms trade Bitcoin and altcoins around the clock so users don’t miss opportunities during sleeping hours.
While past performance does not guarantee future results, Bitcoin Freedom has generated consistently strong trading performance metrics based on backtesting and live trading data. Users may experience varied individual results.
How to Make a Deposit on Bitcoin Freedom
To begin live, automated trading, you must make a minimum deposit of EUR 250/USD into your new Bitcoin Freedom account. Follow these steps:
- After registering, you will be redirected to the deposit page of the integrated broker chosen during signup.
- Select your preferred deposit method – options include credit/debit card payments, wire transfers, e-wallets like Neteller, and more.
- Enter your funding amount of at least EUR 250/USD. You may deposit more than the minimum if desired.
- Provide any details the broker requires to process the deposit through your chosen method.
- Confirm the deposit and allow time for funds to reach your trading account. This is generally near instant but can take 1-3 days for bank transfers.
- Once funded, log into your account dashboard to customize settings before live trading.
Depositing is simple, and your account will be activated immediately after your funds hit the trading account and reflected in the balance.
How to Withdraw Funds on Bitcoin Freedom
Follow these steps when you are ready to withdraw your capital or trading profits from your Bitcoin Freedom account:
- Log into your account dashboard and click “Withdraw Fund, “redirecting you to the broker withdrawal page.
- Select your desired withdrawal method – you can withdraw back to the method used to deposit or an alternate option.
- Enter the withdrawal amount in EUR or USD. The funds will be converted and sent in cryptocurrency.
- Provide the wallet address you want funds sent to if withdrawing to a crypto wallet.
- For bank transfers/wire withdrawals, supply account details requested by the broker.
- Submit the withdrawal request and allow approximately one business day for funds to reach your wallet or account outside Bitcoin Freedom.
Withdrawing funds is quick and secure. Remember that any small fees are charged for withdrawals based on payment method.
Pros and Cons of Bitcoin Freedom
Before committing to automated trading with Bitcoin Freedom, consider some critical advantages and potential disadvantages.
What are the Pros of Bitcoin Freedom?
- Sophisticated auto trading algorithms
- Very user-friendly and intuitive platform
- Allows customization of trading settings
- Starts trading with just a €250 minimum deposit
- Robust security protocols protect accounts and data
- 24/7 customer service and support
- High reported win rates of up to 86%
- Potential for generous monthly ROI based on settings
- Free to use with no hidden fees
- Accessible via web browser and mobile app
What are the Cons of Bitcoin Freedom?
- Automated trading remains risky despite protections.
- Requires an internet connection to access accounts
- Withdrawals take up to 24 hours to process
- High returns depend on market conditions
- Not all user reviews are positive (as with any platform)
- Only works with cryptocurrency (no stocks, options, etc.)
When weighed objectively, the pros of simplicity, strong performance, great features, and low costs outweigh the cons for most crypto investors.
Alternatives to Bitcoin Freedom
Bitcoin Freedom is not the only automated trading platform available. Here are some alternatives to consider if you want to compare services:
- Bitcoin Era – Bitcoin Era is another popular automated trading platform with AI-based software. It offers some unique social trading features.
- BitQL – BitQL utilizes machine learning for automated trading across Bitcoin, Ethereum, Ripple, Litecoin, and other assets.
- CryptoSoft – CryptoSoft is a long-running auto trading platform with robust security features like two-factor authentication.
- Bitcoin Prime – Bitcoin Prime uses intelligent algorithms and machine learning for the automated trading of cryptocurrencies.
- Crypto Revolt – Crypto Revolt offers automated trading for both cryptocurrencies and forex. It has positive reviews from users.
- Crypto Nation Pro – This platform focuses heavily on security with bank-grade encryptions and hacker insurance coverage.
- Bitcoin Profit – Bitcoin Profit uses market volatility algorithms to trade Bitcoin and generate daily profits for users.
- CryptoHopper – While not fully automated, CryptoHopper lets users automate custom trading strategies across multiple exchanges.
There are several viable Bitcoin Freedom alternatives to compare. Each platform has its pros/cons.
User Reviews of Bitcoin Freedom
Before deciding whether to use Bitcoin Freedom or any cryptocurrency bot, checking out user reviews can provide valuable insight.
What Do Users Say About Bitcoin Freedom?
Overall, Bitcoin Freedom user reviews tend to skew positive. Here is an overview of the feedback shared by users:
- Many praise the simple signup process, calling it quick and hassle-free.
- Users mention the platform’s intuitive dashboards and easy-to-use features. The software is lauded as beginner friendly.
- Traders remark that setting up customizable trading parameters is straightforward. They like the control given.
- Users mention positive experiences with the responsive 24/7 customer support when issues arise. Problems are solved quickly.
- Many traders report strong results, with accounts growing steadily through automated trading. Some share financial freedom stories.
- Some negative reviews are questioning the advertised win rates. Individual trader results appear mixed.
- A minority of users report issues with withdrawals taking longer than expected to process at times.
- Some lament the required minimum deposit, wishing they could start with less than EUR 250.
- Traders wish the platform supported more altcoins and fiat currency deposit/withdrawal options.
Judging by the predominantly positive tone, satisfied users appear to outnumber unsatisfied customers by a wide margin, according to reviews.
Is Bitcoin Freedom Worth It?
In summary, Bitcoin Freedom provides a user-friendly and powerful automated trading platform that can amplify profits thanks to AI and machine learning algorithms. Bitcoin Freedom is a strong choice for traders who want an accessible entrance into crypto investing.
Here are a few final thoughts on Bitcoin Freedom:
- The automated functionality takes the work out of trading for a better quality of life.
- Backtesting has consistently demonstrated strong win rates, ROI, and risk-adjusted returns.
- Smooth and fast withdrawals make getting profits from the platform reliable and convenient.
- Bitcoin Freedom’s reputation as a legitimate and trusted partner adds peace of mind.
- Starting with €250 removes barriers and allows new traders to begin small if desired.
- Integration with regulated brokers provides security and oversight for traders and their funds.
While evaluating available options is wise, Bitcoin Freedom makes automated crypto trading accessible and potentially highly profitable. The robust platform combines the best of AI, technology, usability, and customer satisfaction.