BitQT Review November 2024 – Is It Scam or Legit?
Cryptocurrency trading is a rising market. Considering this, different platforms have been created 100% supported by artificial intelligence. They help to obtain financial benefits and generate comfort thanks to the little interference that their users must do. In addition to this, it does not require previous experience to use, which makes it quite friendly to inexperienced investors.
The following BitQT review will give you a detailed review of the benefits and capabilities of this crypto trading platform. This review should help you to decide whether you would like to make use of it to trade.
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BitQT Summary
Rating 4.2/5 Platform Type Crypto Trading Platform Claimed Win Rate 90% Supported Assets BTC and several cryptocurrencies Is It a Scam? No Minimum Deposit $250 Withdrawal Timeframe 24 hours Mobile App Yes Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
What is BitQT?
BitQT is a state-of-the-art trading system with its application growing and gaining popularity, especially in Europe and the United States. It offers high-speed financial growth by promising a 99.4% win rate.
This platform is based on artificial intelligence, meaning that it performs cryptocurrency transactions through sophisticated market analysis. It uses artificial intelligence to generate profitable results for its users.
Traders of all experience levels will benefit from this application, as the ecosystem is friendly to both beginners and experienced traders. Since BitQT does not require the user to go through the tedious task of cryptocurrency trading, they are able to reach a level of profitability usually enjoyed only by a few experienced investors. As is the case with the Quantum AI crypto platform, it is a very popular platform, which allows you to operate in demo mode before using real money, which gives you the opportunity to make live trades and see how the platform performs before investing real money.
How Does BitQT Work?
If you desire to immerse yourself in the vast cryptocurrency market, you will want to get a system that meets your expectations and boasts a great success. We found that BitQT software identifies its trading patterns by analyzing thousands of trading charts while its fundamental analysis is performed by scanning the internet for trading news.
This crypto trading platform relies on subsets of artificial intelligence known as Deep Learning (DL) and Natural Language Processing (NLP) algorithms. These systems are supposed to distinguish between legitimate and bogus sources of information. It is believed that these tools are popular with expert traders due to speed at which they conduct research and execute trades. The supposed profitability rate of this operation would mean that even in changing market conditions, the platform could allegedly maintain its profitability rate.
Your capital is at risk.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
It uses tactics of scalping and short-selling to take advantage of any falls in the markets. It states that it utilizes High-Frequency Trading (HFT) methods to ensure it meets all of its promised returns. The HFT trading strategy makes hundreds of trades per microsecond using computer algorithms to provide real-time prices.
Bear in mind while you’re reading our review, that despite reports indicating it’s highly profitable to use, it also comes with significant risks. Therefore, if you want to avoid disappointing outcomes, it is strongly recommended to carefully calculate how much risk you are willing to take and only invest what you are willing to lose.
BitQT is deemed to be a secure and easy-to-use platform since it does not require prior knowledge in cryptocurrency trading. It offers a 100% passive experience for beginners and it can be accessed in most countries due to it having several offices worldwide.
What Is The Minimum Investment for BitQT?
If you want to trade with BitQT, the minimum deposit requirement is $250. This may seem steep however, it is worth noting that the platform does not charge any fees for trading, withdrawals or account management. You can use the entire minimum deposit to start trading and it is possible to withdraw funds at anytime.
Unlike other trading platforms, it is not possible to access the BitQT demo trading account without depositing the minimum funds. This could make the platform inaccessible for traders who have a lower budget. Nevertheless, our review concludes that no fees are charge for depositing which means that you could withdraw the entire $250 out of your trading account after using the demo trader.
BitQT Key Features
Operating in cryptocurrency trading is not an easy task. However, BitQT offers you several key features that can help you get more earning opportunities as it is designed so that anyone with or without experience can earn income.
User-friendly platform
The traditional way to get started in the cryptocurrency market is by securing a cryptocurrency wallet or keyfob and buying the asset of your choice directly from an exchange. However, the process tends to be a bit tedious and risky. Moreover, this buying process is generally too complicated and even more so if you are a beginner.
Following the example of some competitors such as the Quantum AI trading platform, the BitQT app makes this entire complicated process easy by reducing you from registering on the website and following the instructions provided. Furthermore, the application is the one that makes the buying and selling without you having to interfere in the process.
Low risk and high return
BitQT has higher profitability than trading coins manually as the app is primarily driven by trading strategies that take advantage of both rising and falling prices for your convenience.
Another factor that influences the profitability, not only in the case of BitQT but in other platforms like Quantum AI or Bitcoin Evolution, is the leverage provided by different associated brokers since leverage is a form of borrowing provided to allow your traders to position higher than their already invested capital.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
High level of security
The traditional way of buying and storing different cryptocurrencies has proven to be quite insecure over the years as it is exposed to hacking. However, investing in cryptocurrencies with BitQT eliminates the risk of theft as it does not involve the physical possession of cryptocurrencies and is associated with secure brokers.
BitQT Claimed Success Rate
One of the biggest attractions of BitQT is the profit rate it claims to offer. According to our research, it has been claimed that the platform has a profitability rate of 99.4% concerning numbers. Moreover, according to the above, 994 trades would generate profits out of every 1,000 trades made by the crypto trading platform. However, our analysis indicates that it depends on a few factors: the amount of your initial deposit, as well as whether you used leverage in your account.
Further, it turns out that the platform is supposed to generate daily profits of $1,100 based on what we observed. Therefore, it is unclear what configurations are needed to bring this amount of profit to the table. This is why it is advised that you proceed with caution until you can verify that the success rate of the platform is indeed what it claims to be.
BitQT Fees
Just like platforms such as Brexit Millionaire or Quantum AI trading platform, there is only one requirement to start trading with BitQT, and that is to make a deposit of $250 USD. It will appear instantly on your account in a matter of seconds. Moreover, since there is no commission structure for this particular product, it is highly probable that the capital you are earning through all transactions that you carry out with the relevant brokers will be attributed to your account.
Is BitQT Legit or a Scam?
From our research, it seems to be a genuine trading app. The official website provided all the crucial information that BitQT needs to know about the app. It provides information about its broker partners as well as their legal status. When selecting a trading platform, it is always vital to keep in mind that the underlying brokers have to be considered as well.
It is important to note that BitQT partner brokers have been completed a background check and have been found to be legitimate and trustworthy. It is pertinent to note that all of them make sure they adhere to strict regulatory guidelines such as deposit segregation, insurance, and regular audits by third parties. As a result, all funds deposited through these systems will be safe.
The feedback received from users on TrustPilot, on the same track as the Quantum AI trading platform, indicates that users see this tool as reliable. Furthermore, it has been confirmed by 90% of the reviewers that BitQT has met their expectations. Based on the assumptions we’ve made, we can conclude that BitQT is not a scam.
BitQT Customer Support
BitQT is notable for the possibility of displaying contact information on the main page of the platform. This makes it distinguishable from other platforms, like Quantum AI trading platform or Bitcoin Profit, currently available on the market. It appears possible to contact the customer service staff via email and through a Skype account.
Unfortunately, one of the slight drawbacks of this crypto app is that there is no live chat or phone support available. Nonetheless, you can be assured that the channels mentioned above of support will provide timely assistance for any concerns or problems you may have regarding the use of the system.
How to Use BitQT App
Below you will find a simple step-by-step guide to registering and starting trading with this innovative crypto trading platform.
Step 1: Register an account
In order to use the platform, you must visit their website and use the form provided to register a free account, verifying the information provided to avoid verification problems later.
Automatically BitQT will redirect you to the page of an associated broker where you must verify your identity. This process is quick as it only involves a photograph and a utility bill with your current residence address.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
Step 2: Deposit Funds
To fund your trading account, you will be assigned a broker to trade with BitQT. Then, the platform will redirect you to the broker’s deposit page, where you can choose your preferred deposit method.
In order to start financial operations, the minimum deposit is $250. It is recommended you start with the minimum deposit amount until you verify that the platform meets your profit rate.
When making the deposit, the amount will be reflected in just a few seconds in your account. This means that you can start trading immediately.
Step 3: Practice with a demo account
The BitQT app allows you to practice trading without risking real money. With the demo account, the platform helps users get a clearer idea of live trading without the associated risk.
It also provides you with a series of trading tutorials and a dedicated account manager. The account manager’s role is to guide you through your account setup and the first steps of trading.
Step 4: Activate the system
You must grant your authorization for BitQT to operate by exchanging cryptocurrencies on your behalf. This can be done from the control panel of your account. Once authorized, the software will begin to trade. You can control its performance in real-time and deactivate it when you see fit.
The Verdict on BitQT
BitQT is a legitimate artificial intelligence (AI) system that has gained praise for its accurate results. It has also been given awards for its high performance and customer support. In addition to having a high-profit rate, it has a user-friendly interface suitable for all users. Thus, it does not require prior experience to work with it and can be used by anyone.
Your capital is at risk.
FAQs
What is BitQT?
BitQT is a cryptocurrency trading platform that uses artificial intelligence to do a market analysis. The AI also enables it to make trades without your intervention. It is a tool that promises a success rate of 99.4%. BitQT will scan the markets 24 hours a day, 7 days a week, looking for profitable opportunities for the user.
Is BitQT genuine?
BitQT has several rave reviews online from users who have made huge profits from using the system. In our review we have seen that it operates transparently and is backed by several safe brokers.
Is BitQT safe?
BitQT is a totally secure cryptocurrency trading platform since it does not necessarily require the physical possession of cryptocurrencies. In addition, for the user to withdraw, they must go through rigorous identity verification.
How much money can I make with BitQT?
The platform claims a success rate of 99.4%. In optimal market conditions, it claims to generate a daily profit of $700 with just the minimum deposit of $250. However, we do not know how accurate these figures can be.
How does BitQT work?
BitQT is a crypto trading system powered by artificial intelligence that allows you to analyze the markets and perform operations. Using BitQT App, traders can identify trading patterns by analyzing thousands of charts. They can also conduct fundamental analysis by scanning news outlets through Artificial Intelligence technology.
Omar Ortiz Freelance Writer
View all posts by Omar OrtizOmar is a seasoned writer with a strong background in media. He has written for several high authority websites including Stockapps.com and Buyshares.co.uk, as well as TradingPlatforms.com.
Thanks to his strong investment knowledge, Omar is able to write in-depth stock trading and cryptocurrency articles that help readers to make informed decisions. He invests in the financial markets himself and is interested in sharing his expertise with others.
Before starting his career as a freelance writer, Omar studied at the Universidad de Bogotá Jorge Tadeo Lozano in Columbia.
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