Bitcoin Champion: Scam or a Trustworthy Robot?
The Bitcoin Champion platform is a type of software that allows users to speculate on crypto and make a profit that way.
People who trade with this robot could be earning up to thousands of euros a day.
However, it is important to ask ourselves whether Bitcoin Champion is a reliable player or merely a scam. From the data we were able to analyse, we were indeed able to prove that Bitcoin Champion is a legitimate trading robot that you can get started with perfectly.
In fact, with a rating on TrustPilot of 4.7/5, this robot seems to be one of the most reputable platforms available on the market today.
Moreover, the majority of reviewers report consistent returns from this robot.
We did a demo test especially for you. It showed that the Bitcoin Champion platform is easy to use, making it an ideal robot for both beginners and experienced or even professional traders.
In this article, we will explain why Bitcoin Champion is worth a try.
Some interesting features of this trading robot include that it:
Claims to be able to offer a win rate of 88%
Requires a minimum deposit of only €250
Accepts both debit and credit cards
Is Bitcoin Champion Trustworthy? Yes, it is!
From our analysis, we can conclude that Bitcoin Champion is a trustworthy robot.
We determine the legitimacy of robots by analysing unbiased feedback on review websites, such as TrustPilot, and conducting a live test on the demo account of the robot in question.
Read more about our own findings on Bitcoin Champion below.
It is immediately noticeable that Bitcoin Champion has great user reviews; most of them even give a 5-star rating.
After 244 reviews, this trading robot even has an overall score of 4.6/5. Users seem to be especially satisfied with the platform's performance, security, easy-to-reach and friendly customer support, and ease of use.
A demo test on the Bitcoin Champion trading platform confirms this ease of use.
In fact, most people using this platform have no prior experience trading crypto currencies at all.
We did a background check on the information on the Bitcoin Champion website and found it to be correct.
After doing a background check on the information on the Bitcoin Champion website, we can conclude that it is all correct. Bitcoin Champion even has military-grade security measures, so users can rest assured that their information is in safe hands.
This trading robot only works with brokers who are regulated by the FCA, CySEC and ASIC. Thanks to these regulators, user funds are protected in case the brokers are unable to meet their financial obligations.
What is Bitcoin Champion?
Bitcoin Champion is an online platform that allows users to gamble on crypto currencies automatically. This robot claims to offer a profit rate as high as 98% and can reportedly generate returns of up to 300% every day.
Some Bitcoin Champion users even report earning up to three times their capital in the first 24 hours, and others claim to have earned as much as €1 million in less than a year with an initial deposit of just €500.
It is precisely because of this level of alleged profitability that most beginners are extremely sceptical of this platform.
However, an additional analysis of the technologies used by this robot shows that it does indeed have the potential to claim such profit opportunities.
Like other leading robots, Bitcoin Champion is powered by machine learning, deep learning, natural language processing, blockchain and artificial intelligence.
Robots with artificial intelligence provide even better perceived accuracy, while the blockchain ensures a high level of transparency.
Bitcoin Champion allows you to exchange Bitcoin against other crypto currencies, such as Ethereum, Dash, Monero, Litecoin and Bitcoin Cash. You can also bet on BTC against traditional currencies, such as EUR, GBP and USD.
The app automatically detects the currency pairs with the highest potential and trades them.
Thanks to the automatic feature, as a trader you don't have to worry about placing wrong trades.
How does Bitcoin Champion work?
To trade crypto currencies, Bitcoin Champion works with experienced brokers.
They adhere to high regulatory standards, most of which are even supervised by the UK Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), and the Cyprus Securities and Exchange Commission (CySEC).
These authorities ensure that as a merchant you are fully protected, even if Bitcoin Champion should ever go bankrupt.
These partner brokers also ensure that transactions are seamless and offer leverage.
For example, the Bitcoin Champion robot can offer leverage of up to 1:5000. This explains why, as a trader, you have the potential to make so much profit with a limited starting capital of €250. Indeed, with such leverage, a deposit of €250 can speculate on positions worth up to €1.2 million.
Trading with such high margins increases profits, but can of course also lead to huge losses.
As mentioned above, Bitcoin Champion is fully automated.
Therefore, you do not need any crypto experience to get started. This trading robot performs best when it can run for at least 8 hours a day.
You will need less than 20 minutes a day to set up your account and start trading live.
As with any investment, there are risks involved in using these types of Bitcoin trading robots. Therefore you should only invest an amount that you can afford to lose.
Who is the founder of Bitcoin Champion?
Bitcoin Champion was founded in 2017 by self-proclaimed crypto-millionaire Steve Higgins. Our analysis shows that he is indeed a well-known crypto trader.
Steve Higgins claims that he founded the robot to help ordinary people take advantage of the endless opportunities Bitcoin offers. Bitcoin Champion is currently maintained by a company led by Higgins and a team of computer scientists.
How to open a Bitcoin Champion account?
It takes less than 5 minutes to create a free account with Bitcoin Champion. However, it can take up to an hour before you can trade live as the broker must first verify your identity.
You do not have to pay a licence fee for Bitcoin Champion, but a fee may be introduced in the future if the number of users continues to grow. Take the opportunity to sign up for a free account.
To get started with Bitcoin Champion, follow the steps below:
STEP 1: Sign up to create a free account
Go to the Bitcoin Champion website and use the registration form in the top right corner to create a free account.
You will need to provide some personal information, such as your full name, email address and a phone number.
To avoid any problems during the verification phase, make sure that you enter only accurate information.
Bitcoin Champion registration form
To use Bitcoin Champion, users must verify their email address and phone number, a process that should take no more than 3 minutes.
STEP 2: Submit certain documents for verification
After you create your free account, Bitcoin Champion will connect you with a broker.
This requires you to upload both sides of a government-issued ID card and a clear document of your current address. The latter could be a recent utility bill or a bank statement with your address on it.
These documents are now a requirement for all well-regulated brokers.
Bitcoin Champion and the partners it works with treat this user information with the utmost confidentiality, so you can rest easy.
STEP 3: Fund your account with a minimum of €250
Bitcoin Champion only accepts deposits from its partner brokers after verifying your address and identity. As mentioned before, you will need an investment of at least €250 to be able to trade with this robot.
This is your trading capital and should not be confused with any cost of using Bitcoin Champion, because as mentioned earlier, using this trading platform is completely free.
Accepted funding methods include Wire Transfer, Visa, MasterCard, Western Union, WebMoney, Neteller and Skrill.
You can also fund your account from a Bitcoin wallet.
STEP 4: Practice with a demo account and live trading
Bitcoin Champion offers a fully intuitive demo account to give you the chance to familiarize yourself with the live trading platform. Before trading live it is best to practice with this demo account.
This way you can get to know all the functionalities of the live account before you start trading with "real" money.
Once you feel confident enough, you can start trading live with just one click of a button.
As mentioned earlier, you do not need to have any trading experience to trade with this robot. However, we recommend you to read the available trading guide of the robot and follow the various useful tips of this review.
How to get the most out of Bitcoin Champion?
Bitcoin Champion is a fully automated robot, but there are certain things you can do to improve your profits with this trading robot.
Here are some tips to help you get the most out of this robot.
Keep your feet on the ground and start with small amounts.
Some people invest a huge amount of money in one go.
Don't do this and start with small amounts to learn the different settings of the platform.
Coins on the phone Bitcoin Champion
Once you have some experience, you can gradually add more capital to your account.
Always follow the time of the US East Coast.
Always follow the time of the US East Coast, as this allows you to trade in line with the opening hours of Wall Street in The Big Apple.
It is during these hours that Bitcoin shows the most volatility, which are the most interesting times to trade.
Reinvest some of your profits to benefit from the 'compound' effect.
Most experienced investors recommend reinvesting around 80% of your profits.
In this way, some traders have been able to earn millions of euros in a limited period of time!
Let the robot work for you for at least 8 hours a day.
You don't even need to monitor your account for this.
You can do what you normally do while the robot does all the math for you.
The main features of Bitcoin Champion
With Bitcoin Champion, you could reportedly earn up to €2,000 per day with an initial deposit of just €250.
Most users who have reviewed this robot on TrustPilot or ForexPeaceArmy support these claims.
Both your ID card and home address must be verified in order to use Bitcoin Champion.
As explained above, this is a relatively quick and easy process. You can trade until these details are verified, but you cannot withdraw money until this is done.
Bitcoin Champion is an online trading platform.
You do not need to install an app on your desktop or smartphone to use it.
We practiced with Bitcoin Champion's demo account and found it surprisingly easy to use.
Bitcoin Champion allows you to withdraw money via wire transfer, all major debit and credit cards, Western Union, and e-wallets like Neteller, WebMoney, and Skrill.
Unlike most trading robots, you can withdraw money within the hour.
Moreover, the above withdrawal methods are all free.
Is Bitcoin Champion trustworthy? Our conclusion!
Our analysis shows that Bitcoin Champion is a legitimate and reliable trading robot with excellent reviews on TrustPilot.
This shows that users find it worthwhile to trade crypto currencies with. It is especially noteworthy that especially the performance and ease of use of this trading robot receive positive attention.
We also experienced this during our own testing period.
However, you should always bear in mind that when trading, profit can never be guaranteed and that capital loss is a risk.
Therefore, only invest what you are prepared to lose.
Frequently Asked Questions
Yes, Bitcoin Champion scores high in our reliability test.
Read more about our positive experiences with this trading platform in the review above.
With Bitcoin Champion you can trade BTC against ETH, LTC, XRP, DASH and several fiat currencies such as GBP, EUR and USD.
The Bitcoin Champion platform claims to be able to generate profits of up to 300% every day.
As with any investment opportunity, there are risks involved in trading with this robot.
Therefore, you should only invest what you can afford to lose.
To use Bitcoin Champion you will need to invest a minimum of €250.
This is an ideal amount to start with.
As time goes by you can reinvest your profits so that this amount can gradually grow.