Over the last few years, crypto trading robots have made it easier for investors to enter the crypto markets and join the crypto craze. These trading robots can allegedly use sophisticated and advanced trading algorithms to predict price movements in the crypto market and can be used by everyone with no need for trading skills and previous trading knowledge.
Bitcoin Up is one such trading robot that has been gaining popularity since its inception. So, if you are wondering if this is the right trading robot for you, this guide will cover everything you need to know. In our Bitcoin Up Review 2021, we’ll show you how this trading robot works, what is the cost of using this robot, and show you how to get started.
In This Guide
Like many other cryptocurrency trading robots, Bitcoin Up has developed its own trading software that allegedly can predict price movements in the bitcoin and crypto markets by using cutting-edge technology and tested trading algorithms. The robot simply uses its own AI and machine learning algorithms and is able to place thousands of orders for its customers at the same time.
To make this happen, Bitcoin Up also operates in collaboration with multiple regulated brokers around the world. With these brokers, Bitcoin Up is authorized to collect funds from users and place orders on the brokers’ Bitcoin trading platforms.
With so many scams and frauds out there in the crypto markets, this is the most important factor you need to check before you sign up for any automated trading robot. In this case, it appears that Bitcoin Up is a completely legit trading robot although its website is not as advanced and clear.
Secondly, the claims made by users who have used the robot are generally very positive and indicate that this is not a scam operation. For instance, the robot has a score of 3.5 stars on TrustPilot, which is fairly high for crypto robots.
Lastly, from our test, we can confirm that Bitcoin Up partners with regulated brokers around the world. This means that clients’ funds are always safe and held in segregated accounts, as required by top-tier regulators.
From our review, Bitcoin Up seems to be a unique trading robot with some crucial benefits. With that in mind, below we want to show some of the benefits of using this revolutionary crypto trading robot:
According to Bitcoin Up and user reviews, the robot uses a sophisticated AI and machine learning technology that can predict price movements in the bitcoin and crypto markets. From our understanding, the robot has been developed by top programmers and traders that created successful algorithms based on advanced coding and programming languages.
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Currently, the crypto market is not necessarily the right place for beginners, largely because cryptocurrencies are volatile and unpredictable. Yet, many people want to join the crypto bandwagon and be part of this exciting new market. Bitcoin Up is the ideal way to get into the crypto market as users do not need to have any trading skills nor specific knowledge. Instead, all you need to do is to invest $250 and activate the robot.
As we explained in the section above, Bitcoin Up is not a financial services firm and thus it is not authorized to collect funds from customers. Moreover, Bitcoin Up is not a brokerage firm but a pure fintech software company that has the technology to integrate its software on various trading platforms. Consequently, the robot must collaborate with brokers that collect and hold clients’ funds and enable the robot to place orders in the markets.
On this matter – while many other automated trading robots partner with unregulated brokers, we can confirm that Bitcoin Up partners with regulated and licensed brokers in the client’s country.
By now, you know that Bitcoin Up is a legit trading robot with an accurate trading algorithm. So, if you are ready to start using this bitcoin trading robot, in this section of our guide we are going to show you the step-by-step process, from signing up to start using the robot.
The first thing you need to do is to sign up for an account on Bitcoin Up official homepage. To do that, head over to the robot’s site and complete the details in the registration form including your first and last name, email address, and phone number.
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Next, you’ll be channeled to one of the Bitcoin Up partner brokers. From there, you need to make a deposit of at least $250, which is the minimum amount that Bitcoin Up requires in order to use its software.
Fortunately, Bitcoin Up operates in collaboration with CFD platforms that very often provide demo paper account. A demo account is a trading account that enables users to test the features of the platform and test various trading strategies. As such, you’ll be able to use a demo account to see if Bitcoin Up has a successful automated trading software.
After you have used the demonstration account and you see that the robot has an accurate trading algorithm, all that is left for you to do is to activate the Bitcoin Up software. From the broker’s dashboard, simply click on the Run button and let the software start trading.
At this point, we also recommend that you monitor your trading account for at least 1-2 hours per day.
Below, you can find some of the main features that make Bitcoin Up perfectly suitable for those who want to trade with an automated crypto trading robot.
Perhaps the most unique feature of Bitcoin Up is the use of Artificial Intelligence and machine learning technologies to identify successful trades in the crypto markets and simultaneously place thousands of orders in the market for all of its users. By using these technologies, Bitcoin Up claims it is able to provide users the potential to earn up to 60% in daily profit under optimal market conditions.
As previously mentioned, Bitcoin Up requires a minimum investment of just $250 to start using its software. When we compare this amount to other trading platforms, you can be sure that it is a fair initial investment requirement as it ensures that Bitcoin Up has enough capital to trade on your behalf.
Perhaps the most important factor to consider when using a trading robot is the safety of your funds and whether you can feel confident to add funds to the platform. In this case, Bitcoin Up appears to be safe and secure and has no fraudulent intent. It uses several methods to protect clients’ funds and privacy, and it does share your information with third-party providers.
When you use a bitcoin trading robot like Bitcoin Up, there’s not much for you to do as the robot basically does all the work for you. Nonetheless, there are some things that can be maximizing the chances of making a profit. Some of these include:
The good thing with Bitcoin Up is that it allows you to test the robot’s performance on a demonstration account. This is simply a trading account that is funded with virtual money. As such, the best way is to use the demo account and see if Bitcoin Up has an accurate trading algorithm. If so, you can then add funds to your account.
At Bitcoin Up, things are very simple in terms of the minimum deposit requirement. If you want to get started, you need to meet a minimum requirement of just $250. And, because there’s no guarantee that Bitcoin Up will generate profits for you and you still cannot be sure it has an accurate algorithm, it is advisable that you start with $250 and increase your account balance in case you see that the robot generates consistent profits for you.
Once you activate the robot, you should monitor the account for at least 2 hours per day. Remember that you can turn on and off the Bitcoin Up robot and even make slight adjustments if necessary. Also, you should follow the market and check if the robot makes returns for you. In this case, withdraw the profits and leave the same amount of $250 in your account for the first months.
Bitcoin Up Pros
Bitcoin Up Cons
If you look online, you’ll find many automated trading robot sites that claim that celebrities have endorsed their software, saying it is possible to make money by using their robot. But in the case of Bitcoin Up, the robot does not make any fake statements that celebrities endorsed its software, which makes this company more legit and trustworthy. The software company, however, does mention the statements made by Bill Gates and Eric Schmidt about the future of bitcoin and blockchain technology.
To sum up, Bitcoin Up uses artificial intelligence and machine learning technologies to identify Bitcoin trading opportunities and make high returns for those who are willing to invest in its software. From this review, the robot seems to be legit and to have an accurate trading algorithm, which makes it one of the best bitcoin robots in the market in 2021.
If you want to start trading with Bitcoin Up, all you need to do is to register on the robot’s site and make a deposit of at least $250 to the partner broker.
According to Bitcoin Up, you can make up to 60% return of the amount you have in the account balance.
From our research, Bitcoin Up appears to be completely legit and trustworthy. It discloses crucial information on the site, partners with regulated brokers, and gained positive reviews from users who have already used the software
Using Bitcoin Up is free, meaning there's no cost for using the software. Further, the robot does not charge any trading fees nor account management fees. The only cost for using the robot is to make a deposit of at least $250 to the third-party broker.
The minimum deposit requirement for using Bitcoin Up is just $250.
Like any other type of investment, there's a risk of investing your money with Bitcoin Up. However, at the same time, where there's risk there's an opportunity, and you might be able to get high returns of 60% in one day.
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