BitQT Review 2023 – 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 so that you will be able to decide whether you would like to make use of it to trade.
|Platform Type||Crypto Trading Platform|
|Claimed Win Rate||90%|
|Supported Assets||BTC and several cryptocurrencies|
|Is It a Scam?||No|
|Withdrawal Timeframe||24 hours|
Your capital is at risk.
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 this crypto trading platform is responsible for performing cryptocurrency transactions through sophisticated market analysis 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.
Your capital is at risk.
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 has the success rate that you expect. In order to achieve this, we found out for our BitQT review US that BitQT App identifies tradeable patterns by analyzing thousands of trading charts to determine whether they can be traded. Fundamental analysis is also performed by scanning the internet for news.
In order to understand humans’ spoken language, this crypto trading platform relies on a set of subsets of artificial intelligence known as Deep Learning (DL) and Natural Language Processing (NLP) algorithms. In addition, systems are supposed to distinguish between legitimate and bogus sources of information. It is believed that this tool is popular with expert traders because of the speed at which it conducts research and executes trades.
It improves itself with changing data when using the subset of Artificial Intelligence known as Machine Learning (ML). 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.
Your capital is at risk.
The app is said to work by adopting the tactics of scalping and short-selling to take advantage of the fall in the markets through trading strategies. The company further states that it utilizes High-Frequency Trading (HFT) methods to ensure all of its promised returns will be met. HFT (High-Frequency Trading) is a trading strategy that makes hundreds of trades in just a microsecond using computer algorithms to provide real-time prices.
The main thing to bear in mind while you’re reading our BitQT review US is that despite reports indicating users are highly profitable, 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 characterized by being a secure and easy-to-use platform since it does not require prior knowledge in cryptocurrency trading since it offers a 100% passive experience with beginners and can be accessed from anywhere since it has offices in several countries as we have checked for our BitQT review.
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. Let’s take a look at some of them in our BitQT review.
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.
Your capital is at risk.
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 for BitQT review US, 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.
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 for our BitQT review, it seems to be a genuine 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.
Have Celebrities Endorsed BitQT?
There have been reports that BitQT has been featured on Shark Tank and the Daily Mirror in recent months. Despite this, these allegations seem to be untrue. BitQT admins took quick action and warned users not to trust gossip blogs for information about the application. Also, celebrities are not likely to recommend or promote cryptocurrency trading tools, like Quantum AI or Bitcoin Up, since the products are not well-known by them. However, it is worth mentioning that among some of the celebrities who some pages have used to profit from their fame and prestige are:
The CEO of electric vehicle company TESLA and space logistics company SpaceX, an entrepreneur with a wide range of interests, has created rumors that he has invested in and recommended BitQT over other cryptocurrency trading platforms.
Beyond being known as the “Dodge Father” for his April 2021 tweet that caused the meme coin price to spike from $0.25 to $0.30, there is no clear evidence of its endorsement of crypto trading platforms such as BitQT.
Among the richest and most recognized chefs globally, Gordon Ramsay, also an actor, is one of them.
According to some websites, it is claimed that Ramsey uses the trading technology of BitQT to maintain its financial status. While we did not find any information to support this information, nor did we find any sources of information that would prove it to be false. For this reason, we encourage you to be cautious when considering these claims.
ITV’s This morning is one of the most popular shows in the UK for which Holly Willoughby is the presenter.
The internet is full of fake news reviews claiming that Holly is registered with BitQT, which caused a wave of comments around these claims. However, we confirmed that these claims are false due to extensive research. So that we confirm she’s not interested in investing in cryptocurrencies through this platform since Willoughby has not paid attention to them.
Mr. Bean is Rowan Atkinson’s most famous character around TV viewers worldwide.
Many people claim that the actor, known for his somewhat eccentric appearance, once endorsed BitQT in one of his shows. However, there is no evidence to support these claims to be mentioned on our BitQT review US.
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. Furthermore, in accordance with the published information, it appears possible to contact the customer service staff via email and through a Skype account.
Unfortunately, as we have verified for our BitQT review, 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
Next in our BitQT review US, 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 takes only a few minutes as it involves only a photograph and a utility bill with your current residence address since it is required.
Your capital is at risk.
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. Although you can make a larger deposit, it is recommended that you start with the minimum until you verify that the platform meets the 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 crypto trading platform helps users get a clearer idea of live trading to avoid mistakes in live trading.
On the other hand, the BitQT trading platform will provide you with a series of trading tutorials and an account manager whose role will guide you through 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.
BitQT Review – The Verdict
BitQT is a legitimate artificial intelligence (AI) system that has gained praise from all over the internet for its accurate results and being given awards for 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.