Bitcoin Era Review November 2024 – Scam or Legit?
Advancements in trading technology have paved the way for a series of new algorithmic trading platforms to enter the market. These platforms use AI and machine learning to scan the market, spot potential trading opportunities, and execute trades on behalf of users.
The main advantage of these platforms is that they allow traders to trade throughout the day, even if they can’t place trades themselves. This means that they can take advantage of all opportunities.
One algorithmic trading robot that has gained attraction in 2024 is the Bitcoin Era. In this Bitcoin Era review, we take a closer look at the robot to determine whether it is worth considering in 2024.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
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Key Takeaways From Our Bitcoin Era Review
Our team of experts spent time researching the Bitcoin Era trading bot to uncover whether it is legit or a scam. We can conclude that the platform is legit however, we found that a lot of information about the origins of the platform, the technology behind the algorithm and the platform’s security was missing.
Although we cannot say for sure that the platform is untrustworthy, we recommend taking caution when using it to trade. A lot of the user reviews that we came across during our research were negative. However, this is likely due to the fact that the website is unclear about the process of setting up an account.
Upon registration, users are connected to a partner broker and receive phone calls from the broker to discuss their trading account. This is not made clear on the website and we found that many negative reviews mentioned this.
Bitcoin Era Summary
Rating 4.5/5 Trading Platform Type Algorithmic Trading Platform Trading Accuracy Up to 99% Minimum Deposit $250 Trade Fees None Claimed Profitability Up to 60% Mobile App None Available Equities BTC, ETH, XRP, etc. Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
Our Methodology: How We Reviewed Bitcoin Era
To review the Bitcoin Era trading platform, our team used a mixture of first-hand experience and other user reviews. The information provided represents an ‘average’ experience based on what was found.
We attempted to standardize our findings however it is important to understand that some of the points discussed are based on professional opinion. Our team have years of experience at reviewing trading robots and used their knowledge to understand how the Bitcoin Era systems work.
To test out the trading system, our team used the demo account. The website claims that the demo account reflects the live trading tool however, we cannot guarantee this to be the case. It is a good idea to conduct your own research before investing any money in Bitcoin Era.
What is Bitcoin Era?
Bitcoin Era is an algorithmic trading system that runs 24/7. The platform uses a trading ‘robot’ to scan the markets, spot potential trading opportunities and execute trades on behalf of users. The Bitcoin Era platform claims to be hyper-accurate and ahead of markets by a fraction of a second. Allegedly, it gives users the potential to earn up to 60% daily profit under optimal market conditions.
The platform makes it possible for traders to take of potential opportunities around the clock. This increases the chances of placing a profitable trade.
The platform shares similar features to other desktop crypto trading platforms. Users can access a live price chart, risk management tools and market data. The main difference between Bitcoin Era and other crypto exchanges is that users can only access Bitcoin Era through a third-party broker.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
How Does Bitcoin Era Work?
The Bitcoin Era app relies on algorithmic trading and machine learning when picking equities to trade. Note that the trading software needs a conduit to access the cryptocurrency market, so users will be redirected to a partner broker that connects to the system via API.
With access to live market data from the broker, the robot can start identifying potential winning trades. It processes all this information and trading parameters through its system to identify the potential Bitcoin trading opportunities and trading signals.
All of these executions claim to perform at a 99.4% level of accuracy that the Bitcoin Era app is able to reach. However, we have yet to find users that can confirm this level of precision.
It is stated on the Bitcoin Era website that profit could be double, triple, or even quadruple of the initial capital, but so far, not even the testimonials indicate this and we cannot find any evidence to back up these claims.
It is likely that the Bitcoin Era algorithm works similarly to other automated trading bots. Nevertheless, users should be careful when investing money into an algorithmic trading system.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
Bitcoin Era Key Features
When reviewing the Bitcoin Era app, we found a number of features that may appeal to traders. Below are the most pivotal functions of the platform in this Bitcoin Era app review.
✔️ Mobile app
The Bitcoin Era app download is available for Android devices. It is downloadable through the Google Play store and it allows for easy access to your trading account via mobile.
For iPhone users, the Bitcoin Era app is accessible through Chrome and Safari. Other secure browsers such as Firefox should be compatible as well. It is also possible to download the HTML5 version of the Bitcoin Era app directly on your mobile device.
✔️ Demo account
The Bitcoin Era app has a demo trading feature, meaning users can practice trading with actual market data through virtual capital. This enables new traders to start learning the volatility and fluctuations of crypto assets without putting any real money at risk.
The demo trading account can also be used by experienced traders to test out new strategies and to adjust their processes when market conditions change.
✔️ Risk management tools
When reviewing Bitcoin Era, we were impressed by the risk management tools that are provided to users. The platform offers stop-loss limits, take-profit targets, daily loss limits and customizable lot sizes to ensure that users can trade within their risk appetite.
Risk management tools can be used to minimize the chances of losing funds however, they do not extinguish the chances of a loss completely.
Bitcoin Era Fees
One of the most important factors to consider when choosing a trading platform is fees. After analyzing the website and reading user reviews, we found that Bitcoin Era does not charge any account management or trading fees. However, the website does not provide any information about fees that could be charged by the partner broker.
It is likely that the partner broker will charge a fee for using their services and users should consider this before investing funds into the platform.
Bitcoin Era Fees Minimum deposit $250 Software $0 for members Demo account Free Trading fee 0% Is Bitcoin Era Legit or a Scam?
On the Bitcoin Era official website, live profit results, profiting testimonials from users, and highlights of quotes from reputable media companies are shown. Upon registration as well, the site says it prioritizes security as it is regulated by the state.
However, it is common for clone websites to be made under the same name as algorithmic trading tools. These clone websites are create to con users out of their payment details and steal their funds.
Therefore, users should be careful to use the official Bitcoin Era website when creating an account. You can verify this by looking for an SSL certificate, judging the quality of the content and only accessing the site through legitimate links.
Furthermore, we could not find any evidence of profits that have been made through Bitcoin Era. Therefore, we cannot confirm that the algorithm has ever been successful.
Bitcoin Era Customer Support
Several reviews have given positive feedback on the platform’s customer support, citing a friendly and helpful service for Bitcoin Era. Supposedly, their customer support network is open 24 hours a day, so users can send their inquiries to the agents at any time.
Customer support for any trading platform must be quickly accessible and consistent. Upon signing into the Bitcoin Era platform, users can expect an email from a customer service agent of the broker. From our experience, the email sent looked personal with the agent making sure to let us know their availability.
The main drawback is that customer support can only be accessed after opening an account. Therefore, it is not possible to contact customer services before depositing any funds.
How to Use Bitcoin Era
Below is an overview of how to get started with the Bitcoin Era trading bot.
Step 1: Create a Bitcoin Era account
First, you’ll need to sign up for an account.
To sign up for Bitcoin Era, simply fill out the sign-up form with your name, contact information (e.g. phone number), and email address on the Bitcoin Era website.
Upon registration, you will receive an email from a customer service agent of an affiliate broker of the site. You should be able to view the customer portal wherein your username and password will be given.
Do not share the password given. It is common and good practice to change your password when you first enter the platform.
Your capital is at risk.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
Step 2: Make your first deposit
Users need to make an initial deposit of at least 250 dollars. In our Bitcoin Era review, the partner broker allowed payment options for deposit via Visa, MasterCard, and wire transfer. Remember, payment methods (including credit cards) may vary depending on the broker that you get.
Step 3: Setup the demo account
It is a good idea to practice using the platform with the demo account before putting any real money at risk. The demo account allows you to trade in realistic conditions so that you can familiarize yourself with the trading interface.
Practice for as long as you wish before switching to live trading.
Step 4: Start live trading
After familiarizing yourself via the demo trader, switch to live trading to start placing real trades.
Once you switch to live trading, you will be able to view live market data and select instruments that you would like to trade.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
If you are looking to implement the Bitcoin Era robot system, make sure to connect the partner broker platform by using their API. Then, customize the trading parameters and use the risk management tools to ensure that you are trading within your limits.
The Verdict
Bitcoin Era is a popular trading robot that has received mixed reviews online. After conducting our own review, we can conclude that the platform is legit. However, the website is misleading and lacks transparency.
Users should conduct their own research and read other reviews before making any decisions about using the system to trade with their funds. There is no guarantee that you will make any profits from the Bitcoin Era platform.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
FAQs
What is Bitcoin Era?
Bitcoin Era is a crypto trading platform that uses algorithmic trading and machine learning to analyze and execute trades. It claims to have a 99% trading accuracy and allegedly gives its users the opportunity to earn up to 60% in favorable conditions.
Is Bitcoin Era genuine?
Yes, Bitcoin Era is genuine. Based on our Bitcoin Era review, we found positive testimonials and multiple other online reviews.
Is Bitcoin Era safe?
Bitcoin Era is compatible with regulated brokers and has affiliated partner brokers that are legit.
How much money can I make by trading Bitcoin Era?
Allegedly, it is possible to earn thousands of U.S dollars in just a few days. This claim is more likely to occur for more risk-tolerant traders.
How does Bitcoin Era work?
Bitcoin Era uses algorithmic trading and machine learning technology to identify Bitcoin trading opportunities.
Risk Disclaimer
The information provided in this review is based on personal opinion. We cannot guarantee that your experience of the trading platform will be the same. Bitcoin Era is an algorithmic trading tool that attempts to make profitable trades on behalf of users. However, we could not find any statistics to suggest that the platform actually works.
Users are advised to take precautions when using trading robots. This includes only using funds that you can afford to lose, using risk management tools to minimize losses and ensuring that you use the official website when registering for an account.
The cryptocurrency market is volatile and prone to risk. Daily fluctuations are normal and it is important that traders understand the instability that is involved with trading crypto assets.
The Bitcoin Era website mentions past performances. These cannot indicate future success and should not be basis of any decisions that are made around using the Bitcoin Era platform.
Jose Rafael Aquino Finance Wriiter
View all posts by Jose Rafael AquinoJose Rafael Aquino is a seasoned writer who specializes in the Finance and Tech industries. Jose is passionate about education and uses his writing skills to create informative content that improves the reader's understanding of complex industries.
Before he started working as a writer, Jose studied at the Ateneo de Manila University where he was awarded a Bachelor of Science in Information technology Entrepreneurship. After graduating, Jose founded AKADS PH - a tech startup that allows parents to book tutors for students. Aquino has a strong understanding of the tech industry which extends to blockchain and web3 technologies.
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