Bitcoin Evolution Review
Everything you should know about Bitcoin Evolution Trading Platform 【Updated For 2022】
- Beginner-friendly
- No hidden fees
- Educational tools and features
- User-friendly interface suitable for beginners
- Supports a large number of cryptocurrencies
- Great customer service
- Social and educational features
- Minimizes emotional trading and preserves traders' discipline
- Allows backtesting
- Cryptocurrency fees
- Mechanical failures can happen
- Can perform poorly
- Requires the monitoring of functionality
Bitcoin Evolution is a cryptocurrency exchange that facilitates the ease of buying, selling, and exchanging cryptocurrency. Buying Bitcoin with Bitcoin Evolution has never been easier with this trading platform. Continue reading this comprehensive Bitcoin Evolution review to find out how this is possible.
Introduction to Bitcoin Evolution
Bitcoin Evolution is a cryptocurrency trading platform. It offers its users the ability to exchange, buy and sell many tradable cryptocurrencies, for example, Bitcoin.
Cryptocurrencies are considered a relatively new asset class, making them volatile and risky, which may not be suitable for all investors. However, if you are interested in investing in cryptocurrencies such as Bitcoin, Bitcoin Evolution is a good choice for a trading platform for beginner and veteran traders alike.
Bitcoin Evolution users can trade on two platforms. The original platform is a relatively simple user-friendly platform that allows users to use fiat currency to purchase cryptocurrency.
Bitcoin Evolution also has a more advanced platform containing charting functions that allow traders to place stop, market, and limit orders, as well as make crypto-to-crypto transactions.
As such, Bitcoin Evolution is a trading platform that is considered best for traders that are looking for convenience and those that are wanting to easily convert one cryptocurrency to another.
Features of Bitcoin Evolution
If you are considering using Bitcoin Evolution as your next trading platform, here are some of this trading tool’s most prominent features:
User Authorization and Verification
Bitcoin Evolution provides its users with a simple and interactive onboarding experience. User verification minimizes the chance of fraud and maintains transparency with regard to transactions. Safety is an attractive feature of all trading platforms, and Bitcoin Evolution ensures users the complete safety of their data by integrating two-factor authentication and anti-bot verification.
User-friendly Interface
Having a user-friendly interface includes all of the components of a trading platform that connects with the user directly. Bitcoin Evolution has an interface that is easy to understand and interactive to use, even for those users who are not familiar with cryptocurrency trading.
Its exchange dashboard includes quick access to the following exchange features:
- View order history
- Market monitoring
- Withdraw funds
- Create and cancel orders
- Connect with support
Multi-asset Platform
Bitcoin Evolution is a trading platform with a plethora of assets, which include currencies, cryptocurrencies, stocks, EFTs, commodities, and indices. The list below gives a glance at some of the most popular currencies on Bitcoin Evolution:
- Bitcoin (BTC)
- Solana (SOL)
- Dogecoin (DOGE)
- Ethereum (ETH)
- Litecoin (LTC)
Demo Trading
A unique feature of the Bitcoin Evolution trading software is its demo account. Professional traders wanting to test out new strategies or beginners investing in crypto for the first time are given the opportunity to practice. With the demo trading feature, Bitcoin Evolution is providing users risk-free experimenting with analyses before they actually begin to trade properly.
How to Sign up to Bitcoin Evolution
In order to purchase cryptocurrencies with a credit card or bank account, users first need to create an account with Bitcoin Evolution. Signing up with Bitcoin Evolution is a relatively straightforward process. To begin, using the web browser or mobile app, go to Bitcoin Evolution and click on the signup button located in the top-right corner.
This sign-up button will redirect you to a form containing fields that need to be filled out with your personal information, such as your name and surname, email address, and password. Make sure your password is strong; try to use a combination of lowercase and uppercase letters in addition to at least one number. Next, check the reCAPTCHA security box and the user agreement and privacy policy check box, and finally, select create an account.
Now that you have created an account with Bitcoin Evolution, a confirmation email will be sent to the email address you entered in the steps above. Open the email in your email inbox; you should come across a verification link. Clicking on the verification link will open the Bitcoin Evolution browser window in which you will activate your account.
Follow the set of steps required to confirm your identity, provide Bitcoin Evolution with the required documents, and allow the trading platform some time to verify your submitted documents.
Once complete, a recommended broker or account manager will be in contact with you shortly. Here, they will offer you the option of making trades through them or through the Bitcoin Evolution app that they will provide you with.
How to Use Bitcoin Evolution
Too many trading platforms make it seem a very complicated task to sign up for their software and begin trading. Waiting up to 24 hours for your account to be verified or to make transactions is a long time in this fast-paced world.
Luckily, Bitcoin Evolution is a trading platform that has managed to defy the odds, providing users with both a simple registration and trading process. Here’s the way in which you would trade using Bitcoin Evolution.
Now that you have successfully launched an account with Bitcoin Evolution online, you will be able to begin trading, but before you can do so, you will be required to fund your account first. A minimum of $250, a standard deposit amount in the trading industry, should be deposited into your trading wallet.
You do have the option to deposit more than $250, but you should not be investing any more money than you are willing to lose. Experts recommend starting off small so that you are able to enjoy your trading journey. The minimum deposit amount is enough to set a solid training foundation without a user having to incur unreasonable losses or risks.
Once you have deposited the minimum amount of fiat currency or more using the payment methods available, it should take up to 24 hours or less to reflect in your wallet. If you chose to trade using a broker, they will ensure that your transactions are swift and that very little resistance occurs.
On the other hand, once you have funded your account, you will need to set your market position in the Bitcoin Evolution trading dashboard. The financial market cannot be handled light-heartedly; you are required to follow some sort of crypto trading strategy.
Bitcoin Evolution provides an in-depth trading analysis for users, which is often very helpful when it comes to setting a market position. While accepting guidance from a broker is not compulsory, it is a strong move in the right direction in terms of your funds.
Once you have selected your position, your broker will get to work. However, it is ultimately you who sets how much you are wanting to invest, and at which amount you want to take your profit, although profit is not guaranteed. This is what gives you control of your trade and will minimize how much you can potentially lose in the long term.
You can either choose to leave the trading up to your broker to do, or you can choose to regularly check your account, but all that’s left for you to do now is click that trade button.
To Trade or Not to Trade
After reading this Bitcoin Evolution review, you should be familiar with everything this trading platform has to offer. When it comes to choosing a trading platform, there is no one-size-fits-all, so the decision on whether or not to select Bitcoin Evolution as your trading platform is ultimately yours to make.
Frequently Asked Questions
Is Bitcoin Evolution legit?
When questioning the legitimacy of Bitcoin Evolution, one will see that this trading platform possesses all the necessary qualities of a legitimate trading platform. However, that is not to say that there is no associated risk. As with all trading platforms, users should always use caution with trading platforms as they can be extremely volatile. Start small or with the minimum amount, and work your way upwards from there.
What Is the Best Trading Platform?
A recommended platform for those who wish to begin their trading journey is Bitcoin Evolution. Its user-friendly interface, minimal fees, and easy registration make it very hard for traders to pass up.
What Payment Options Does Bitcoin Evolution Offer?
Bitcoin Evolution users have the option of using PayPal to redeem cryptocurrency for cash, for withdrawing and depositing funds, users can do wire transfers, and for buying crypto coins, users have the option of using debit and credit cards as a means of payment. However, the best option to date is to link a bank account to your Bitcoin Evolution account, as this is an all-around payment method. Linking your bank account allows for the buying and selling of crypto, as well as the depositing and withdrawing of your funds. Users will normally be asked to add a payment option once they have verified their identity in their initial account setup.
Bitcoin Evolution users can also add payment methods from within their account by clicking on the buy or sell link in the top menu and choosing to add a new account under the payment method.
Does the Broker Require You to Do Taxes?
You are required to pay taxes on any profit made using Bitcoin Evolution or any other trading platform.
