![]() ![]() Here’s a breakdown of all the fees we found as part of our Bitcoin Profit review: You won’t pay a licensing fee or subscription for using Bitcoin Profit, and there are no commissions on your trades or profits. Our Bitcoin Profit review found that this platform doesn’t charge any fees for using its trading software. ![]() It also claims to be integrated with MetaTrader 4 (MT4), one of the world’s top trading platforms that’s home to a wide variety of advanced tools and charts. Bitcoin Profit Trading PlatformĪccording to the Bitcoin Profit website, this crypto trading bot operates using an intuitive and powerful trading platform that’s available via browsers on both desktop and mobile. That’s a benefit since it means your position is relatively liquid – you can easily make a withdrawal and move cash into another investment quickly if needed. Fast Withdrawalsīitcoin Profit states it aims to process withdrawals within 24 hours. You can toggle demo trading on and off easily using a switch in your account. You can change how conservative or aggressive the algorithm is under different market conditions and optimize it to get the biggest profits under highly volatile or highly stable conditions. It’s also essential to more experienced traders because it enables you to experiment with the Bitcoin Profit algorithm’s settings. This is a good way for beginners to check out Bitcoin Profit and see if it’s right for them. Demo Tradingīitcoin Profit offers a demo trading mode so you can try out the software without risking any money. The algorithm trades 24/7, so hundreds of small profitable trades each day can add up to significant profits in your account. This is important because it enables Bitcoin Profit to trade even small price movements for a profit. Ultra-fast Tradingīitcoin Profit’s algorithm is able to identify and execute trades in a matter of milliseconds giving it a significant edge over most human traders. In all, Bitcoin Profit monitors and trades more than 50 CFDs. For example, it can trade BTC/USD, BTC/EUR, BTC/ETH, and more. Rather than buy and sell cryptocurrencies directly, Bitcoin Profit trades crypto-fiat and crypto-crypto CFDs. All of these cryptocurrencies have high daily trading volume and relatively high volatility, creating plenty of opportunities for trading. Trading in 50+ CFD Marketsīitcoin Profit is able to trade around 14 different cryptocurrencies including Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Bitcoin Gold, ZCash, Dash, Ethereum Classic, Cardano, IOTA, EOS, NEO, Binance Coin, and Ripple. Let’s take a closer look at some of this platform’s key features as part of our Bitcoin Profit review. According to Bitcoin Profit, around 85% of trades that the algorithm makes are closed for a profit. The platform can trade 24/7 and its algorithm-driven pattern identification is faster than any human trader. Funds are returned to your account along with any profits.īitcoin Profit monitors 14 cryptocurrencies across dozens of crypto-fiat and crypto-crypto trading pairs. Bitcoin Profit then continues to monitor the development of the trade, and exits when the signal fades or a profit target is reached. When Bitcoin Profit’s algorithm identifies one of these patterns, it opens a trade on your behalf. The algorithm is proprietary, but has reportedly been trained on years’ worth of cryptocurrency market data and is able to monitor price changes on a tick-by-tick basis and can spot price patterns that are likely to precede a directional movement. Similar to other crypto robots, Bitcoin Profit works using an AI algorithm. High winrate, according to the Bitcoin Profit website.Ĭrypto assets are a highly volatile unregulated investment product.Notably, our Bitcoin Profit review found that this platform doesn’t charge any account fees or trading commissions. The platform can trade 24/7 across more than a dozen different cryptocurrencies. Bitcoin Profit can automatically open and close trades in your trading account, requiring little to no manual intervention on the part of traders.īitcoin Profit claims that around 85% of its trades close for a profit under normal market conditions. The platform reportedly uses an AI algorithm to identify trading opportunities in the crypto market and act on them on your behalf. What is Bitcoin Profit?īitcoin Profit is advertised as an automated crypto trading robot or ‘bot’. How to Watch Love Island UK From AbroadĬrypto assets are a highly volatile unregulated investment product.
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