Bitcoin Trader Review UK – Scam or Legit?

The cryptocurrency market has been very active in the past few years, with traders multiplying their incomes and making great livings by speculating on the prices of these coins. Despite its relative popularity, crypto trading can be a daunting task.

This is where trading bots and automated trading systems have come into play. In this Bitcoin Trader review – we’ll examine one of the most popular Bitcoin trading bots, its features, and what makes it tick.

Bitcoin Trader Summary

Remember, all trading carries risk

What is Bitcoin Trader?

Bitcoin Trader is a Bitcoin trading platform that allows users to trade popular cryptocurrencies like Bitcoin on autopilot.

Bitcoin Trader allows you to automate your trading activities and make money even while you’re away.

With a focus on user experience, Bitcoin Trader targets both beginners and professional traders. The manual trading section of the app is available for experienced traders as they can tweak its settings to their preference and begin trading as soon as possible.

Today, Bitcoin trader is available in several tier-1 jurisdictions – including Canada, Germany, and the United Kingdom. The app is not registered or licensed to operate in the United States.

All crypto trading carries risk.

How Does Bitcoin Trader Work?

As part of our Bitcoin Trader UK review, it’s important we explain how the service works.

The trading platform offers manual and automated trading, so you can select which works best for you at any time. As expected, the primary objective is for you to buy coins at low prices and sell high.

Bitcoin Trader vs Other Crypto Robots

Bitcoin Trader Features

The Bitcoin Trader  trading platform offers many features and benefits. They are:

Responsive Platform

Bitcoin Trader offers both web-based and mobile app trading platform.

Identity Verification System

Bitcoin Trader requires that brokers and traders verify their identities and accounts before they can start trading. While the process makes your sign-up procedure even longer, it helps to keep the platform free of hackers.

Bitcoin Trader has also simplified the verification process even more. So, you don’t have to work through the bells and whistles that several of its competitors impose on their clients.

Affiliate Brokers

Bitcoin Trader automatically connects you to a trusted crypto broker when you create your account. The brokers are important as they help the bot to access the market and trade for you.

Available Trading Indicators

The Bitcoin Trader app has an impressive lineup of six trading indicators, as well as its top-of-the-line algorithm. The indicators make it much easier for you to conduct price analysis on your crypto for more accurate entry and exit points.

Indicators are an especially important part of manual trading. You will be able to analyze coin patterns and compute them into the bot’s algorithm.

Demo Account

Bitcoin Trader offers a demos account for you to test strategies and get a feel of the platform. The demos account is useful to both beginner and expert traders as it offers a great way to get acquainted with the Bitcoin Trader app.

Once you trade using the demo account and are sure of a strategy, feel free to test it on the live account and see how you do.

A Broad Range of Supported Cryptocurrencies

Bitcoin Trader supports more than just Bitcoin – even though it’s in the name. The platform supports the following crypto assets:

• Ether (ETH)
• XRP (XRP)
• Bitcoin Cash (BCH)
• Litecoin (LTC)
• ZCash (ZEC)
• Cardano (ADA)
• EOS (EOS)
• NEO (NEO)
• Binance Coin (BNB)

Multiple Payment Channels

Bitcoin Trader allows you to make deposits and withdrawals using credit/debit cards and bank transfers.

You must look into the carrier’s rates before you make a transaction. Bitcoin Trader itself won’t take any fees on the transactions, but you will need to ascertain how much you’re paying in processing fees for the sake of accuracy.

Security

The Bitcoin Trader developers claim that they use Secure Socket Layer (SSL) encryption to protect all user information and funds. In our Bitcoin Trader review, we also found that the service doesn’t ask for much information. So, you’re more or less safe even if a hack happens. Of course, they’ve taken extra precautions to prevent the possibility of a hack from happening.

Bitcoin Trader Fees

Bitcoin Trader is free to use. There’s no barrier to entry in terms of cost. The service also doesn’t charge for deposits or withdrawals, although it takes a small percentage of the profits you make on each trade.

The service also doesn’t charge any hidden fees except for those on withdrawals.

Bitcoin Trader: Mobile App

At the moment, Bitcoin Trader doesn’t have a mobile app.  This is a bit of a blow to the Quantum AI trading platform as it means you can’t trade your favourite coins on the go.

However, you should note that Bitcoin trader has a very responsive and adaptable website. So, it will have no problems working seamlessly on any mobile platform.

Is Bitcoin Trader Legit or a Scam?

Given that the crypto industry still doesn’t have any major regulatory clarity, it’s understandable that you might be skeptical about Bitcoin Trader and its offering. All trading carries risk, and regardless of legitimacy you should never invest more then you can afford to lose.

Have Celebrities Endorsed Bitcoin Trader?

It is unclear whether Bitcoin Trader has gotten any shout-outs from celebrities. As many know, celebrity endorsements are a common part of the crypto market. Companies and services use these celebrities to increase their reach and market themselves.

So far, most of the links between Bitcoin Trader and celebrities are simply rumours. Some of these rumours have linked Bitcoin Trader with the following:

Elon Musk

There have been rumours that Tesla and SpaceX CEO Elon Musk has recommended Bitcoin Trader in the past.

An astute engineer and builder, Musk is one of the most popular crypto enthusiasts in the world. However, there hasn’t been any concrete evidence linking the billionaire with Bitcoin Trader. Since we can’t confirm Musk’s links with Bitcoin Trader, it’s safe to say that the rumours were unfounded.

Dragon’s Den

Dragon’s Den is one of the most successful TV shows in British television history.

It included entrepreneurs bringing their business ideas to a panel of judges who could invest in their ideas and work with them. While Bitcoin Trader was rumoured to have been mentioned on the show, Naomi Simson – one of its hosts – denied these rumours.

Gordon Ramsay

One of the most successful and famous British chefs, Ramsay has also been notable for having a diversified portfolio of businesses and investments. Perhaps this was why he was rumoured to have partnered with Bitcoin Trader.

However, we were also unable to find any reports linking the famous chef with the Quantum AI crypto robot.

Bitcoin Trader Customer Support

Bitcoin trader is also lauded for its impressive customer service. While you most likely won’t have any issues with getting used to the platform, you can always reach out to the developers via email and live chat if you encounter any issues.

You can access the customer support channels via the Bitcoin Trader website. They’re quick, and they’ll get back to you as soon as possible.

How to Use Bitcoin Trader

Step 1: Create an Account

Remember, all trading carries risk

Once you visit the Bitcoin Trader site, fill the form on the sign up box with your personal details. Bitcoin Trader won’t ask that you submit identification or any other information. Once your name, Email, and phone number have been recorded, you’re in. You’ll get a confirmation message on the screen. Click on it and you’ll be taken to your trade screen.

Step 2: Connect With Your Broker

Our Bitcoin Trader review saw us linked with a broker in less than a minute. Note that this might not be the case for everyone. Some jurisdictions might not have crypto brokers.

Step 3: Fund Your Account

Once you’re connected, you should be able to deposit funds into your account immediately. Just enter your credit card details and the desired amount you want to deposit.

Step 4: Use the Demo Account

You can also open a demo account to get acquainted with the Bitcoin Trader app. While this isn’t a necessity, we recommend it, especially if you’re a beginner. As explained earlier, this will help improve your familiarity with the platform and it even comes in handy with testing your trading strategies.

Step 5: Start Trading

Remember, all trading carries risk

Once you get comfortable with the demo, you can begin trading on Bitcoin Trader Immediately.

Bitcoin Trader: Pros and Cons

To summarize our Bitcoin Trader UK review, let’s get a quick glimpse at the Quantum AI crypto robot and its features:

Bitcoin Trader Pros

Bitcoin Trader Cons

Remember, all trading carries risk

The Verdict

Bitcoin Trader will help as much as possible, but your trading strategy needs to be effective if you’re to make money.

While using Bitcoin trader isn’t a surefire assurance that you’ll be profitable in your trades, this service makes it much easier – particularly for investors who are new to crypto trading.

Remember, all trading carries risk

FAQs

What is Bitcoin Trader?

Bitcoin Trader is an automatic crypto trading software. The service supports trading in Bitcoin and several other leading cryptocurrencies, allowing you to speculate on their prices and make money - even if you’re not physically present.

Is Bitcoin Trader Genuine?

Yes, Bitcoin Trader is real. The service makes it easy to place crypto trades and earn profits from the market.

Is Bitcoin Trader Safe?

Yes, it appears to be genuine and safe to register on. The service has a streamlined payment system that ensures fund safety, and it uses state-of-the-art SSL encryption to keep customer information and funds safe. You can always start with the demo account before transferring your funds to the platform.

How Much Money Can I Make with Bitcoin Trader?

It’s difficult to say. Bitcoin Trader can increase your chances of earning profits, but you also have a part to play in this process. To maximize profitability, you will need to have an airtight trading strategy and finetune the bot to improve the accuracy and efficiency of your trades.

How Does Bitcoin Trader Work?

Bitcoin Trader uses algorithms and an AI-based system to improve your chances of making a profit trading crypto. The service also capitalizes on its impressive speed to help traders enter and exit trades instantly.