Bitcoin System: Scam or a Trustworthy Robot?
In this article, we will examine whether or not this claim is true.
Bitcoin System is a trading robot that allegedly generates huge profits by speculating on bitcoin.
The Bitcoin System platform is an automated trading robot that claims to win 88% of transactions and make customers rich this way.
With an initial deposit of €250, users of this robot are said to earn at least €200 every day.
However, we wonder if Bitcoin System is reliable.
Our research shows that Bitcoin System is completely reliable. This robot is one of the few in the industry that has an almost perfect online reputation.
Therefore, most users seem to be extremely satisfied with this robot's results. This platform also has great reviews on ease of use and customer service.
Bitcoin System is fully automated, so you do not need any special skills to use it.
As a result, this trading robot seems to appeal to both experienced and inexperienced users.
Read this review all the way through to learn more about Bitcoin System and the trading strategies you can use to get the most out of this platform.
If you click on this link, you can go directly to the Bitcoin System website to sign up and make your first transactions.
Some interesting features of this trading robot are that it:
Claims to be able to offer a win rate of 88%
Only requires a minimum deposit of € 250
Also accepts debit and credit cards
Although the Bitcoin System platform claims that the chances of winning are high, you should always keep in mind that there are risks involved in using this type of trading robot.
By investing only an amount you can afford to lose, you will avoid any unpleasant financial surprises.
What is Bitcoin System?
Bitcoin System is an application that uses trading robots to trade crypto currencies fully automatically. Robots like these usually claim to have a small but significant edge in the market.
This gives them a tremendous advantage and a high chance of profitability.
This kind of trading platform is programmed on the basis of complicated algorithms that allow them to analyse the market and relevant financial news in just fractions of a second. Then these robots automatically place the most profitable trades for their users.
The interesting thing is that in doing so they basically use a technology that completely eliminates human error.
For example, most robots promise their users a success rate of over 90%.
The reality is that these promises are realistic for some robots, and not at all for others.
That is precisely why we wanted to use this review to find out whether Bitcoin System is trustworthy or not.
From our own analysis, we can indeed conclude that the Bitcoin System platform is trustworthy. As mentioned earlier, this Bitcoin robot has great online reviews.
Moreover, it seems to have shown all the necessary information to the outside world in a transparent way, allowing users to make an informed choice.
It seems that Bitcoin System relies on complex algorithms to read the Bitcoin markets and then make strategic trading decisions. These algorithms are driven by advanced trading technologies, such as machine learning and artificial intelligence.
The high alleged accuracy of the Bitcoin System is the result of these technologies and also the fact that it trades by a huge margin.
Even with the supposed level of accuracy, there is still considerable risk involved in trading cryptocurrencies on this platform. Therefore, only fund your account with an amount you can afford to lose.
How does Bitcoin System work?
Bitcoin System uses the exact same mechanism as other popular algorithmic applications that use crypto-robots to trade crypto-currencies.
Like those systems, Bitcoin System works in the following way: you register for a particular service, and if you are eligible, you need to verify your account. Finally, you need to fund your brand new account before you can start trading.
You may have noticed that not all platforms have the same pricing models.
Some robots require you to pay a fixed monthly fee to keep your account on the platform active, so that you can use the robot to trade crypto currencies. Other systems require you to hire the robots to place transactions for you.
Finally, there is also a third type of pricing model, which is popular with companies that have issued so-called "tokens" during an Initial Coin Offering (ICO). These services require you to purchase the native token and keep a certain amount on the platform to use various robots and/or functions.
If you are willing to pay this fee, you can set up the robots. Once you are ready, all you have to do is wait and hope that your balance grows systematically.
Bitcoin System works with several brokers.
They are responsible for processing deposits, enabling transactions, and providing leverage of up to 1:1000. To avoid any misunderstanding, we feel it is important to clarify that a robot is not a financial institution and therefore does not have the legal mandate to handle deposits.
Is Bitcoin System Trustworthy?
From the reviews we analyzed for this article, it is clear that Bitcoin System is reliable.
Most people who have used the platform to trade crypto currencies report that they are satisfied with the profitability of this trading robot.
This is a clear sign that most users are satisfied with Bitcoin System's overall performance. This robot has an alleged win rate of around 89%, which means that it reportedly has the potential to generate consistent profits of at least €150 every day from a relatively small deposit of €250.
Indeed, the demo test shows that Bitcoin System's return is so high and that this trading platform offers an easy-to-use web trader.
Bitcoin System also comes with enough educational resources to make users thoroughly familiar with all aspects of the platform.
It is no surprise, then, that this trading robot is one of the most popular in 2020.
Although Bitcoin System claims that the chances of winning are high, you should always keep in mind that, as with all investment opportunities, there are risks involved in using this type of Bitcoin trading robots.
This is especially true for crypto currencies, which are still relatively young on the financial markets. Therefore, to avoid unpleasant surprises, only invest an amount that you can afford to lose.
How To Trade With Bitcoin System?
Below we will explain the different steps of the Bitcoin System registration process.
STEP 1: Setting up your trading account
To use the Bitcoin System trading platform you will of course first need to create an account.
On the right hand side of this robot's homepage you will find a form where you must enter your full name and email address.
Next, you will need to choose a password with at least 6 and maximum 10 characters, including letters and numbers.
Finally, you need to select your country of residence and enter your phone number with the correct country code.
Once all this is done, you can move on to step 2.
STEP 2: Starting with a demo account
Now that you have a Bitcoin System account you can try to make some transactions in demo mode.
On this account you have € 1500 to practice with. All you have to do is click on the "Go to Demo" button on the left side of the screen.
At the top, you will see three different statistics: total profit, total balance and winning transactions (i.e. those that resulted in a profit). On the right side of the "Open Trades" tab, there is a box next to "Automatic Trades".
Clicking on this will activate it, allowing you to start your first demo trade. Before long, you will see multiple trades executed by the platform's crypto-robots.
Based on this demo account, you can decide for yourself if this platform is worth your money.
However, you should always keep in mind that trading crypto currencies is risky.
STEP 3: Funding your trading account
If you have decided that you want to trade crypto on Bitcoin System live, you first need to deposit "real" money into your account.
To do this you need to leave the demo mode by clicking on the "Go Live" button on the left side of the page. Then click on the green "Deposit funds" button and the site operators will show you how to deposit funds to your Bitcoin System account.
Bitcoin System trading platform interface
Search your inbox for their email and carefully follow the instructions to fund your Bitcoin System account.
These types of robots work with online brokers; depending on which broker the platform is connected to, there are different payment options to deposit money into your account.
You can pay with debit/credit cards, and in some cases also with e-wallets and Bitcoin.
STEP 4: Trading
Once your money has been credited to your account, you can start trading. But first you will need to adjust your settings, such as a stop loss, the maximum profit you want to make in one day and how many trades you want to make per day.
You will also have to choose your investment amount per trade, and decide which crypto currencies you want to trade with, depending on your personal preferences.
If you have no preferences, the robot can of course decide for you.
On the right side of the screen you will see a red circle with the text "OFF". To activate the system, you need to click on this. Now you are all set. All that is left for you to do is to sit back and watch the robot do for you.
Bitcoin System Features
Our analysis shows that Bitcoin System has some interesting advantages.
Here are some of them.
Bitcoin System claims to make a daily profit of up to €200 from a deposit of only €250.
Indeed, the user reviews we analysed show that this robot performs consistently.
However, we have not done a live test and therefore cannot guarantee how much you will earn.
You can of course try it out yourself with a small deposit of € 250.
Easy Cash Withdrawals
The Bitcoin System platform allows users to withdraw their money whenever they want.
Simply fill out the form on the cash management page and wait up to 24 hours for your funds to be deposited into your account.
Bitcoin System's platform is easy to use for both inexperienced beginners and experienced experts.
As explained earlier, this platform is 100% automated.
Easy verification process
All you need to do to start trading with Bitcoin System is to verify your email address and phone number.
Bitcoin coins graphic matix background
This process should not take more than 15 minutes.
Is Bitcoin System Trustworthy? Our Conclusion!
As you have read, we gave Bitcoin System a good rating based on performance, ease of use, and customer service.
This trading robot is also completely transparent, providing all the information users need to make an informed choice.
Moreover, Bitcoin System has many good reviews on reputable review sites, such as Trustpilot. From the reviews we have come across, this robot is profitable and user-friendly.
Since the platform is fully automatic, you do not even need to have any special knowledge or skills.
Although Bitcoin System has a very high perceived profitability, it is not completely risk-free. The robot trades at up to 1:1000 leverage, which means that there is a chance that you could lose more than what you initially invested.
One of the few drawbacks of the Bitcoin System is that it does not have negative balance protection. This means that users who do not balance this risk run the risk of liquidating their accounts.
So please read the risk management guides carefully before using this robot. Also, make sure you only deposit what you can afford to lose. There are numerous heartbreaking stories about people who have wagered their retirement money only to lose it all.
However, a deposit of €250 is ideal to get started with Bitcoin System.
Frequently Asked Questions
Bitcoin System seems to be a reliable robot.
We tested it with a demo account and analyzed its evaluation to come to this conclusion.
Bitcoin System reportedly generates daily earnings of up to €200 from a deposit of only €250.
Some reviews claim that it is possible to turn a deposit of €250 into €2000 in just one week with this robot.
Yes, the risks of algorithmic crypto trading are high. There are two main reasons for this.
Firstly, crypto currencies are usually volatile, so their price can rise by five percent in one hour and fall another five percent in the following hour. Secondly, some of these types of trading robots are not reliable, which unfortunately means that the service providers in question are scammers who want to steal your hard-earned money.
Moreover, some algorithmic crypto trading platforms require specific knowledge from their users. Therefore, beginners will have difficulty trading digital currency on such services, which may lead to painful losses for them.
Therefore, use algorithmic crypto trading platforms at your own risk and be extra careful when you decide to try out a new service.
It is possible that some robots require your own algorithmic trading strategies to be successful and generate profits.
However, most platforms, like Bitcoin System, do not require you to develop your own algorithmic trading strategies.
Bitcoin System reportedly generates daily profits of up to €200 from a deposit of €250.
Some reviews even claim that it is possible to turn a deposit of € 250 into € 2000 in just one week with this robot.