Is Bitcoin Pro a Legit or Scam Trading Robot?
There are many ways to join the crypto market for professional traders, however, automated trading robots allow newbies and inexperienced traders a great opportunity to enter the market without having any previous trading skills.
These automated trading robots claim to enable traders to run a piece of software without understanding the basic rules of trading and without having to spend much time and effort to create profits.
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Bitcoin Pro was recently launched in the market and it seems that this robot has a lot to offer.
In this review, we will explore this robot including the most essential elements that will help you determine whether you should trade with this robot.
Keep reading to learn more about this trading robot.
What is Bitcoin Pro, and how does it work?
Bitcoin Pro is a top automated trading software that was recently launched in the market.
According to experts in the market, this trading robot has a different trading algorithm that enables software to be more accurate and generate consistent profits. The robot reports on its website to have a 99.4% accuracy rate, meaning that its trading algorithms perform well.
Trading robots are found to be more accurate than humans, responding better to price fluctuations in the market.
The robot basically removes any human intervention from the systems, making it a fully automatic trading robot.
Users have to switch the auto-trading button every time they want to utilize the software and then monitor the account during the day.
Bitcoin Pro is an entirely automatic trading robot using some of the most advanced technologies that enable the software to scan the market, conduct market research and execute a large number of orders simultaneously.
The robot reports to use superior technology that allows the software to precede the market by 0.01 millisecond. Consequently, the robot reports having a win rate of 99.4% of the executed trades.
These technologies use both technical and fundamental analysis to derive trading signals.
The software can scan crypto-related news and analyze thousands of cryptocurrency trading charts.
Bitcoin Pro aims to find small price fluctuations in the market, a trading strategy that is called scalping.
Bitcoin Pro basically allows users to set the risk settings and connects them to a regulated broker’s trading platform.
The broker is responsible to provide a leverage ratio and execute the robot’s orders in cryptocurrency exchanges as well as in the secondary market.
Unlike other trading robots in the market, Bitcoin Pro enables users to trade crypto coins by using automated or manual trading.
Whenever you feel you want to take the decisions in the market, you can simply switch to the manual trading mode and start trading on your own.
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We caution you that there are no guarantees with any investment. The Bitcoin Pro software performs well according to many people, but don’t invest so much that you will leave yourself short of funds.
We recommend that you use the demo account until you are happy that you understand the software and trading process.
What is Bitcoin Pro?
Bitcoin Pro is a piece of software launched in 2015 by a team of guru traders and engineers. It is among the oldest BTC trading apps in the market today. Moreover, Bitcoin Pro popularity gained pace in 2017 during the crypto bubble.
At least 25% of those who were using the robot at the time allege earning up to $1 million in profits in a few months of trading. Bitcoin Pro popularity is going through the roof again as analysts predict another crypto boom in 2020/2021.
The likes of Max Keiser of the Keiser Report and Robert Kiyosaki of Rich Dad Poor Dad have recently predicted that BTC will hit $100k by the end of this year. Beginner and experienced traders alike are flocking to Bitcoin Pro anticipating to replicate the performance of 2017.
Bitcoin Pro software is based on proven trading strategies and applies artificial intelligence (AI), Machine Learning (ML), and blockchain to conduct research and execute orders. These two technologies are the holy grail of trading for both institutional and individual traders.
Institutions such as Goldman Sachs have invested billions of dollars into AI and ML-driven derivatives trading. AI robots such as the one applied by Navinder Sarao to cause the flash crash of 2010 are known to generate millions of dollars in profits. Bitcoin Pro allegedly uses the same technique, albeit for the BTC market.
How does Bitcoin Pro work?
Bitcoin Pro trades BTC through a financial derivative known as Contract for Difference (CFD). CFD trading is popular in Wall Street and most brokers today offer crypto CFDs. Bitcoin Pro partners with these brokers to automate the BTC CFD trading process.
There is a big difference between trading BTC CFDs manually and automatically. In manual trading, you open an account with a broker and then conduct research and instruct them on the trades to place.
You need the expertise to conduct fundamental and technical analysis manually. Robots such as Bitcoin Pro eliminate the skills requirement by conducting trading research automatically. When registering with the robot, you also connect with the underlying broker.
The roles of the broker include receiving instructions from the robot and executing them. Execution involves buying and selling the BTC CFDs as ordered by the robot. Consequently, the broker must have access to users’ capital to execute these orders.
It is, therefore, the role of the broker to receive funds from users and facilitate transactions. Bitcoin Pro app only works with regulated and reputable partner brokers. With a regulated broker, you have a guarantee that your money will only be used for the intended purpose.
Regulators have made it a requirement for brokers to segregate funds, undergo regular external audits, and belong to a deposit insurance scheme.
Benefits of Bitcoin Pro
Easy to Use
This application is equally useful for beginners for its ease of use. The interactive navigation tabs make all the features accessible at a click.
Expert Market Analysis
Bitcoin Pro uses Artificial Intelligence to analyze the market for you. The company has taken the services of trade experts and software designers to make the market analysis most accurate. The accuracy rate of this app is a spectacular 99.4%.
The lucrative trade predictions you get on Bitcoin Pro are very fast. In fact, this trading platform is faster than the market by 0.01 seconds. It gives you the lead time advantage to process your profitable transaction.
You can trade in all the global exchanges when you are a user of this trading platform. This multiplies the chances of making profits every time you trade.
Secure and Safe Trading
This trading app uses a very secure interface for fund transfer to the trading account from a credit/debit card. All your details and password are under secure encryption.
You can withdraw your profits at a click. If you need your funds, you can withdraw fully or partlyyour money credits to your bank account in 24 hours.
Earn thousands of dollars by registering with Bitcoin Pro
How to get started
A detailed guideline has been published on how to get started. The details have been written as different steps that new investors should follow when they need to trade with Bitcoin Pro.
Account registration process – According to the instructions given to new users, the account registration process is the first step to take; the steps to take indicate that it is so easy to start trading with Bitcoin Pro. All the user needs to do is complete the account registration form, which will be verified and approved.
Making a deposit- Bitcoin Pro users are informed that they will be responsible for providing the deposit that will be used to buy and sell cryptocurrencies on their behalf. More information is provided about the deposit – the minimum deposit for new users is $250, and the maximum deposit is $15,000.
How live trading sessions work- The information on the official Bitcoin Pro website indicate that live trading sessions are no different from demo trading. However, during live trading sessions, it is stated that Bitcoin Pro users will earn a significant profit. Users can start live trading sessions with a click. And the trading robot starts scanning the crypto market to detect and complete the best deals on their behalf. In the end, live trading sessions are stopped with a click, and the user can proceed to withdraw the profit they have earned.
Going by the consensus about Bitcoin Pro, it is evident that many of the supposed users are satisfied with their crypto trading experiences. The trading platform has been equipped with some impressive features that increase the chances of earning a reasonable profit.
Also, the users confirm that it takes only 24-hours to make a withdrawal after earning profits from Bitcoin Pro. Many users who need to access their funds quickly will find the short withdrawal processing time very convenient. With such a high number of positive comments about Bitcoin Pro, it is not surprising that the brand has been trending among the cryptocurrency trader circles for a while.
The statistics are out there on the Bitcoin Pro official website, and the information suggests that it is one of the best investment strategies any investor can use to make so much money in these tough times. Considering the low deposit needed to start trading with Bitcoin Pro, it should be worth an investor’s time.