Bitcoin Trader Review
An extended look at Bitcoin Trader 【Updated For 2023】
- 100% free-to-use trading app
- Great demo app for beginners
- Awesome user interface
- Software is desktop and smartphone friendly
- Easy signup process
- Convenient combined wallet option
- Great demo app for beginners
- Very useful educational material is available
- Limited currencies
- No copy trading
- Not available in the US
These days, log on to any social media platform, and it will not be long until you come across an article, story, or news, about cryptocurrencies such as Bitcoin. What seemed, in the beginning, to be a passing phase, is now slowly becoming a household name, as more people start to take an avid interest in crypto trading.
Although it started off slowly, with a lot of people either not understanding how crypto works, or simply not trusting online trading platforms, it has certainly picked up speed. There are now millions of dollars worth of cryptocurrency exchanging hands daily, on various online platforms such as Bitcoin Trader.
With the right use, Bitcoin Trader has emerged as one of the trading robots that offers users a great way to break down and make full use of, all the information presented to them, before making a trade decision. This trading robot will help you towards making better trading decisions, and increase the chances of successful trades.
Bitcoin Trader has a wide range of helpful tools, that when used correctly, will result in a marked improvement in your trading. When you finish going through this review, you will have a greater understanding of what Bitcoin Trader is all about, and whether it is the best option for you.
Is Bitcoin Trader a Legitimate Trading Platform?
Bitcoin Trader is generally considered to be a reliable broker, which puts your financial safety above all else. The risks associated with trading online are always there, but trading on the Bitcoin Trader platform is relatively safe. The software is designed in such a way as to provide you with all the help you need when making your trade decisions.
All Bitcoin Trader platforms undergo constant and close scrutiny at all times due to the vast sums of money changing hands. This means when you register to trade on Bitcoin Trader, you can be sure that all your transactions are safe, secure, and transparent.
What Is Bitcoin Trader?
In simple terms, Bitcoin Trader is a trading platform that helps online traders to improve their trading performance, by providing data analysis, in such a way that gives the trader a bigger picture of the online trading market.
This trading robot is designed to constantly monitor trends 24 hours a day, unlike traditional brokers, who need to rest, or whose attention is compromised by events in their lives. However, Bitcoin Trader is not intended as a replacement for real brokers, but just as a tool to help traders make better decisions.
Bitcoin Trader is a trading platform that runs around the clock, tracking all your trades and analyzing market trends. It can be used by both advanced traders and beginners, who find its data presentation convenient when making online trades. The data analysis and presentation are relevant for both types of traders because the only difference is how you choose to make use of it.
How Bitcoin Trader Works
Bitcoin Trader works by gathering the vast amount of data that is generated by the trade market on a minute-by-minute basis. It then presents it to traders in such a way that it helps them make better decisions. This app gives you the bigger picture instantly, by bringing different trading parameters onto the same platform.
This bot has an impressive list of tools, such as stop-loss activation, demo accounts, and even a shared wallet feature, which is geared to helping improve your trading experience. Using its state-of-the-art software interface, Bitcoin Trader analyzes and sends back information, and at the same time executes your commands instantly, giving you the opportunity to make last-minute changes based on market fluctuation.
By doing most of the data collection for you, Bitcoin Trader, prevents unnecessary distractions and time-wasting, allowing you more time to focus on keeping an eye on market fluctuations, which can be volatile at times.
Bitcoin Trader Features
As soon as you access the Bitcoin Trader trading platform, the first thing that will catch your eye is the wide selection of great features that this platform has to offer. The developers of this app have ensured that, when it comes to trading, all the help you need is found under one roof. Bitcoin Trader has many different features that are geared to enhancing your trading experience. Some of those features are discussed below:
Great Interface
The user-friendly software interface means that all traders, beginners or advanced, can navigate through the platform with relative ease. Market trends, data analysis, and currency trades, are all presented clearly and concisely. All the complexity of online trading will be presented to you in a simple format which leaves your mind free to focus on the actual trading.
Mobile App
Bitcoin Trader’s mobile app is just as reliable as the desktop version, with the added convenience of being a lot more portable. Where many trading platforms tend to have a poor, and sub-standard mobile interface, Bitcoin Trader has done a good job developing its version.
All trades and transactions were quickly executed in a safe and secure environment. The link between the mobile app and the desktop version is so good, that switching from one device to another is a seamless, easy to manage the process. Traders can log out of their desktop, then later on, when they log in on the mobile version, they will find everything updated, meaning they can pick up exactly where they left off.
Most of the important features available on the desktop version can also be accessed via the mobile app. With Bitcoin Trader, you have the freedom to conduct trades anytime, anywhere.
Demo Account
Bitcoin Trader has a very good Demo account available to all traders on the platform. The best aspect of the Demo account is that, even though the money is not real, the decisions you make are similar to the ones you will have to make in real-world trading.
Your choices and trades on the Demo account will have the same impact as if you were trading for real. This is the best way to learn which choices are good and which are detrimental. This means that, when you finally feel like you are ready to start trading using real funds, you will be stepping into familiar territory.
This tool is not only for beginners but for advanced traders as well. Even highly experienced traders sometimes feel the need to change strategies a bit. The best place to test new ideas is within the safety of a demo account, where any miscalculations will not cost a fortune
Educational Platform
The Bitcoin Trader educational center is very sophisticated and offers online webinars and video tutorials for its traders. The most common language used is English, although webinars will soon be offered in other languages too. Also on offer, are the latest news and trends in the trade market, and downloadable educational guides.
Other educational materials, such as articles and eBooks, are also available, for those who wish to read more about trading robots and the online market as a whole. There are links on the webpage which lead you to other sources of information that you may find helpful. A dedicated educational center is not a feature that you find on all platforms, and the fact that Bitcoin Trader has such a good one puts them ahead of their competition.
Easy Sign Up
Using either a mobile device or a laptop, signing up to Bitcoin Trader is quite an easy process. The software takes you through the entire process quickly, and before you know it, you will be ready to trade online.
Furthermore,the only waiting period is during the account verification stage. Bitcoin Trader is a regulated trading platform, which means it has to comply with the various rules and regulations concerning identity verification, according to the Know Your Client procedures. You will be requested to submit some documents for identification, and only after these have been processed and approved, will you be allowed to go ahead and begin trading.
Signing up can be achieved in with the following simple steps:
- Create an account
- Complete KYC by submitting relevant information
- Confirm registration via email
- Learn about the platform while you wait
- Start trading
Copy Trading
A very handy tool that is available on the Bitcoin Trader platform is the copy trading feature. When activated, it allows traders to copy the trades of other more experienced traders on the platform. This feature is great for beginners who are not yet good enough to trade without assistance.
Even experienced traders can make use of this feature every once in a while, for example, on very busy days when they cannot find the time to properly research the online market. They can simply log on to the platform, activate the copy trade feature, and make trades based on how other trusted traders are trading.
Is Bitcoin Trader Safe?
Due to the many cases of internet hacking and fraud, it is only normal to be concerned with the safety of your funds and personal information stored on this platform. However, the easiest way for hackers to gain access to your account is through you.
A system such as this one is only as safe as the user who controls it. Therefore, it is up to you to keep the relevant log-in details private, to prevent the chances of being hacked by an outside entity. For added security, ensure you generate a strong login password that you do not divulge to anyone.
However, having said that, Bitcoin Trader is a very safe and secure platform from which to do your trading. As a trading robot that is designed to handle large amounts of the investor’s money, it is protected by state-of-the-art encryptions and protocols that do not allow third parties to gain unauthorized access to your accounts.
Bitcoin Trader Pricing and Fees
One thing all users of this trading platform love, is that there a zero software costs. Using Bitcoin Trader is an entirely free service, and at no point are you expected to pay any account fees, commission, or negative interest charges.
Regardless of account size, this free-to-use software is offered to all traders to improve the trading conditions for investors who choose to trade with Bitcoin Trader. In fact, the only time where any sort of fee is charged is when funds are being withdrawn through a bank account of your choice. This money goes to the bank and not to Bitcoin Trader.
Bitcoin Trader Highlights
We have discussed many different features of Bitcoin Trader in this review – for your convenience, here are some of the most important aspects you should take note of before making your final decision:
Type of Robot | Bitcoin, Cryptocurrencies, CFDs |
Software Cost | $0 |
Withdrawal Fees | Yes |
Type of Platform | Web-based; desktop and mobile |
Deposit Options | Credit card, PayPal, wire transfer |
Country | All except the USA and Canada |
Conclusion
You should not underestimate the risks that are associated with online trading, because if you constantly make the wrong choices, you are very likely to lose a lot of money. However, making the right decision can be difficult, especially in the constantly changing online crypto market, with the vast amount of data that must be analyzed before making a decision.
It is for these reasons that having a reliable and efficient trading robot like Bitcoin Trader will be very beneficial to any trader wanting to make good trading decisions regularly. Additionally, it is a very easy-to-use software system whose impact on the way you conduct trades can be huge.
If you are thinking of signing on to a great trading platform, but are unsure of which option to choose, then hopefully the great features and attributes of Bitcoin Trader in discussed in this review have helped you understand why this is the best option.
