Bitcoin Profit Review – Legit or Scam Bot?
Bitcoin Profit supposedly earns huge profits for users from an investment of as low as 250 USD. The robot was released in 2014 and it is said to be one of the most popular in the crypto trading industry.
But is Bitcoin Profit trustworthy, and is it worth your time and cash? As usual, we’ve done rigorous legitimacy tests on this app, and it appears reputable.
This review presents proof that Bitcoin Profit is reliable and also trading tips to help newbies hit the home run with this app.
What exactly is Bitcoin Profit?
Bitcoin Profit is a trading app founded by Steve McKay, a self-made crypto millionaire and also former investment banker.
The App enables ordinary people to trade BTC with a win rate of up to 95%. With just 250 USD of investment, a typical Bitcoin Profit user can reportedly earn up to 1500 USD every day. Bitcoin Profit makes the supposed profits by speculating on Bitcoin CFDs.
A Contract for Difference (CFD) is a high-risk/high-return financial derivative provided by most brokers. Bitcoin CFDs allow investors to bet on BTC volatility without needing to own the underlying asset. As a result, Bitcoin Profit users don’t have to go through the tedious BTC buying process.
Bitcoin Profit trades over 45 BTC pairs in both crypto and also fiat and with a supposed Return on investment of up to 300%. Some of the popular crypto pairs you are able to trade with Bitcoin Profit include BTC/BCH, BTC/ETH, and BTC/XRP. You can also bet on fiat pairs, including BTC/EUR, BTC/USD, and BTC/GBP. In total, you get exposure to over 45 BTC pairs when trading with Bitcoin Profit.
Moreover, users don’t have to select the pairs to trade since the robot identifies those with the most chance automatically. Bitcoin Profit can trade up to 5 pairs simultaneously and place tens of trades within a minute. This trading approach is known as scalping and is popular with institutional traders.
How Bitcoin Profit works
Bitcoin Profit depends on Artificial Intelligence (AI) to research and place trades on behalf of users. AI is the holy grail of trading among institutional traders and is gaining popularity with well-to-do individual investors.
AI robots tend to have an alleged high accuracy, and the best can supposedly generate up to a million-dollar in a day of trading. These robots these days run most hedge funds on Wall Street. Moreover, some of the well-known world traders earned their fortunes through AI robots.
Bitcoin Profit applies the same rules used in traditional assets trading in BTC trading. Nonetheless, it has a higher supposed profitability rate than most since the crypto markets tend to be highly volatile.
Unlike most robots, Bitcoin Profit is free and needs a first deposit of 250 USD only. Most robots with similar capabilities require an annual license fee of up to $4000 each month. As said before, Bitcoin Profit relies on partner brokers to receive deposits and also facilitate transactions.
Some of the world best regulators monitor these brokers. Adequate regulation is enough to sign that the broker is willing to operate in transparency. The world-leading regulators make it mandatory for brokers to segregate funds and only use customers money for the intended purpose.
Moreover, they must insure deposits to make sure that clients get a refund in the event of bankruptcy. Regulators also require brokers to go through regular external audits to discover if they’ve enough money to hold daily operations.
Is Bitcoin Profit legit? The decision!
Bitcoin Profit seems like a good bet for anybody looking for a great way to invest in bitcoin. It’s very popular, having 1000s of reviews on TrustPilot and also ForexPeaceArmy. Most reviewers appear pleased with its supposed profitability.
We’ve conducted rigorous testing on this App and can confirm that it is simple to operate even for those who’re green in cryptocurrencies. At any time try Bitcoin Profit through the link below and also let us know how you find it in the comment section.
Is Bitcoin Profit a good App?
Bitcoin Profit seems like the right choice for any investor looking to invest in bitcoin but without the know-how.
Is Bitcoin Profit profitable?
We’ve analyzed 1000s of Bitcoin Profit reviews on the internet and confirmed the supposed profitability. As mentioned above, a lot of users seem pleased with its performance.
How much do I need to invest with Bitcoin Profit?