Bitcoin Era Review April 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.

Bitcoin Era Summary

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

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.

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.

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