Bitcoin Digital Review: Is it a Scam or Legit

Find out if you can actually make money with Bitcoin Digital in our detailed analysis of the trading system. Find out how it works and what others say.

What is Bitcoin Digital?

Bitcoin Digital is a bitcoin trading application created to trade based on cryptocurrency market trends. The cryptocurrency market can be difficult to navigate through, especially for first-time investors and the market is extremely volatile. Bitcoin Digital has reported a high success rate of 89% for new users. Many reports have claimed Bitcoin Digital can assist users in generating thousands of dollars on a daily basis.

The Bitcoin Digital trading app makes trades on behalf of the investor using a highly intuitive algorithm. This algorithm searches for trade signals in the market and makes decisions based on the accurate data and in the confines of the trading parameters set by the user when the account was opened. Bitcoin Digital is constantly at work, scanning the markets in search of profitable trade opportunities.

Is Bitcoin Digital Legit?

Yes. Many new users make daily bitcoin profit using the Bitcoin Digital App and related trading systems.

  • This trading application has a high success rate, especially for new users. 
  • The higher the risk, the higher the rewards: the cryptocurrency is volatile and this means that there are more risks involved too. 
  • Bitcoin Digital offers new users a free demo account to try before executing any live trades. 

How to place a trade with Bitcoin Digital

The Bitcoin Digital trading App is completely free to use and is integrated with brokerage firms. The software broadcasts the signals with these brokerage firms. These signals are rapidly & meticulously analyzed to predict the tendency of the cryptocurrency market and increase the success rate of the trades placed and profits. This gives these brokerage firms a competitive edge as these trades have a higher success rate versus traditional methods.

On average, it takes minutes to create an account. One of the brokers on the trading platform should be able to assist you in activating your account. It is recommended that new users keep a close eye on their Bitcoin Digital trading account, at least an hour a day. All you need to do is make an initial investment to trade with the brokers and you’re all set. We recommend trying the demo & making the minumum investment of £250/€250.

1. Register

The first step involves creating your free account with Bitcoin Digital. Fill in your information below on the registration form. After successfully registering, you will be assigned a dedicated broker (who will contact you).

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Bitcoin Digital

Register your Bitcoin Digital account through Coin Insider and receive a FREE Personal Account Manager to walk you through your account setup process.

2. Deposit 

To activate live trading, you will need to make a deposit. This is only your initial deposit, which will be used to execute trades, at your broker’s discretion. Most of the brokers listed in the Bitcoin Digital platform require a minimum deposit of £250/€250. This is not a subscription fee, it is the capital that will be used for your very first trade.

3. Live Trading

Once the deposit is paid, live trading can commence. This technology can be used manually and automatically. It is advised that customers track their accounts for more than 20 seconds.

Key Features of Bitcoin Digital

  • Commission fees: there is no commission fee involved in registering or anywhere along the process of trading. Most brokers require a commission fee, but with Bitcoin Digital this is not true. Once you start making a profit, you can withdraw whenever you decide. 
  • Verification process: the verification process is mandatory and quite simple.  To register you will need an email address, full names, and phone numbers. To make the minimum deposit, you will need to verify your bank accounts. No statements or utility bills are required only verification. 
  • Withdrawals and Deposits: You will be able to make withdrawals in 48 hours with Bitcoin Digital. It is a quick, effortless process. 
  • Customer Support: Bitcoin Digital has a dedicated 24-hour customer support system. Which means you have around the clock assistance when needed. 
  • Regulated brokers: You will find that most of the brokers listed and available in the Bitcoin Digital platform are regulated brokers, or licensed by the financial entity of the country they are registered in. 

Can You Make Profit Trading With Bitcoin Digital?

Many new users have claimed to make huge profits in the first few weeks of opening an account. We recommend that you draw your own conclusions after registering and after first trying out the demo account. It is important to remember that trading in bitcoin can get complicated and it is important to choose a reliable tool to make the best decisions on your behalf.

Here are a Few Recommendation for New Users:

  • Learn more about the technology

Many new investors do not take the time to do their research and this can cause massive losses. The cryptocurrency market is volatile and time-sensitive. There are advantages and disadvantages to any technology.

  • Learn more about the cryptocurrency market

As mentioned before, this cryptocurrency market is volatile and may be complex for a new investor to understand. Therefore it is important to do as much research as possible into this investment.

  • Build your portfolio gradually

The best trading strategies in any investment is long term. This means that you will be generating continuous growth over a long period of time.

  • Start small

We suggest you invest the minimum amount to start off with, which is €250. This investment can be grown over time. Be mindful that you may withdraw the money at any time.

  • Don’t invest everything

Earning a profit is the main aim of Bitcoin Digital technology. The potential to earn high profits is a possibility, we would advise you to invest your disposable income. Set yourself financial limits for your trading future.

Celebrities involved with crypto projects

Celebrity Crypto Projects
Richard Branson Richard Branson reportedly has $30 million invested in BitPay.
Mel B announced that she was going to accept Bitcoin payments for her new single.
Ashton Kutcher Ashton Kutcher has been an advocate for Bitcoin and he invested in a sports betting blockchain, Unikrn
William Shatner Involved with Solar Alliance, a Vancouver-based company which operates a solar-powered bitcoin mining farm
Mike Tyson Tyson launched his own line of bitcoin ATMs in Las Vegas in 2015.
50 cent Sold an album for the cryptocurrency titled: holding it and forgetting about it
Gwyneth Paltrow Joined the Bitcoin wallet startup Abra as an advisor during an episode of the Apple series, Planet of the Apps.
Snoop Dogg In 2017, Snoop Dogg was presented with 1,500 SparkleCOINs from the company worth approximately $55,500 as a donation for his youth football program.
Dennis Coles Dennis Coles, announced his investment in the cryptocurrency world as a co-founder of Cream Capital, a firm aiming to build a blockchain ATM network to facilitate the use of coins like Ethereum and bitcoin
Jamie Foxx Jamie Foxx jumped on the cryptocurrency bandwagon when he began promoting the token sale of Cobinhood, a free cryptocurrency trading exchange
Richard Sherman Richard Sherman announced on Facebook that his official online store would begin accepting bitcoin payments, calling it “the currency of the future.”
Johnny Depp In the fall of 2018, the actor became a partner with TaTaTu blockchain startup, which deals with film-making.
Luis Suarez Luis Suarez now also wants to make money by predicting who wins a match. Uruguayan football star invited 25M of his followers on Instagram to join him in signing up to the Ethereum-based prediction market platform Stox and making their predictions for the US Open
Lothar Matthaus Lothar Matthaus joined as a Football Ambassador, because, as he stated, by decentralizing talent scouting TokenStars has a big potential to ensure that we’ll see the new maradonas and ronaldos in the nearest future.
Gianluca Zambrotta He is focused on coaching the football club in China and in the crypto world as a TokenStars Football Ambassador.
Redfoo He is a coder working on an Ethereum project! He is very into the blockchain and donated several personal items for TokenStars Crypto Christmas Charity Auction.
Roger Ver Currently he is involved in numerous projects, such as Bitcoin Cash, bitcoin.com, Ripple, Bitpay, Kraken, Coinsetter. Roger donated his T-shirt to the Crypto Charity Auction of TokenStars.
Tommy Haas Is a Tennis Ambassador for TokenStars.

Bitcoin Digital Review: Our conclusions

The Bitcoin Digital technology is appealing to both new and experienced investors, with some new investors claiming to make huge profits in a matter of days from opening an account. It is reported that Bitcoin Digital only allows investors to trade four cryptocurrencies.

We recommend that any new investor should not enter the cryptocurrency market without doing research on the technology they’re using. Bitcoin Digital is simply a tool to help you trade.

FAQ’s

  • What is Bitcoin Digital?
    Bitcoin Digital is an automated trading software programmed to recognize cryptocurrency market opportunities for users interested in starting to trade.
  • Is it profitable to invest in Bitcoin Digital?
    There are investors claiming to have earnings over €5,000 daily. However, users need to invest large sums of money to earn such returns. We advise new users to start with the minimum deposit of €250 and grow their profit from there.
  • How does the trading application work?
    The trading robots work using an intelligent algorithm. They scan and analyze massive volumes of data to find cryptocurrency at very low prices. These cryptocurrencies are then purchased and sold at a higher price later.
  • Is my information safe on Bitcoin Digital?
    It is reported that Bitcoin Digital uses an SSL certificate which is an online security protocol that encrypts confidential information on the site.
  • What is the fee to open the new account?
    There is no fee charged to open a new Bitcoin Digital account. It is completely free.

Glossary of Cryptocurrency Terms

Bitcoin Bitcoin is reported to be the world’s most popular cryptocurrency. Bitcoin runs on a Bitcoin Blockchain and is a decentralized currency that operates independently from central banks and authority
Ethereum Ethereum, like Bitcoin, is a cryptocurrency that is decentralized. Here, investors can transfer and exchange value.
Litecoin Litecoin is also a cryptocurrency and a blockchain mirroring Bitcoin.
Exchange The crypto exchange is basically an online platform where crypto investors get to exchange different cryptocurrencies for other cryptocurrencies.
Bitcoin mining Bitcoin mining occurs when Bitcoin transactions are verified and confirmed before being added to the Bitcoin Blockchain.
Crypto wallet A crypto wallet is a software program that stores the private and public keys of investors. It also allows users to transfer, receive, spend, store and check their balances.
Circulating supply This refers to the amount of a given cryptocurrency or tokens that are publicly available and circulating on the market between buyers and sellers.
Market cap Market cap refers to the market value of all of the cryptocurrencies available in the market per day.
Altcoins Bitcoin was the first and most successful of all cryptocurrencies. All other coins are grouped together under the category of altcoins.
Block Explorer An online tool for exploring and analysing the blockchain of a cryptocurrency.
Block Height Block height refers to the number of blocks connected in the blockchain.
Block Reward An incentive given to a bitcoin miner who has successfully calculated the hash (verification) in a block.
Chain Linking Transferring one cryptocurrency to another. This requires the transaction to be lodged in two separate blockchains.
Consortium Blockchain A privately owned and operated blockchain.
Cryptography The process of encrypting and decrypting information.
Decentralized Autonomous Organization Refers to organisations that are run by computer programs or software rather than a human input. There is no central authority in this regard.
Token Tokens are strongly associated with ICO’s and are often built on the pre-existing standard from established ‘smart contract’ blockchains like Ethereum.
ICO This stands for Initial Coin Offering and refers to a disruptive new method for projects to gain funding.
Fork In cryptocurrency terms, a fork is an event where an existing cryptocurrency splits into two variations of the code.
Wallet A cryptocurrency wallet is the primary way owners of cryptocurrencies are able to access their coins.
Hot and cold storage This refers to where a particular wallet is hosted. Hot storage refers to a wallet that is accessible from an internet connection, where cold storage refers to hosting your wallet offline on a separate piece of hardware.
Escrow An escrow is a financial arrangement where a third party holds and regulates payment of the funds required for two parties involved in a given transaction.
Smart contract The Ethereum blockchain allows for code to be deployed onto it in the form of a smart contract. This contract is essentially a set of mathematical rules that dictate how the transactions function
Proof-of-work (PoW) For transactions to be confirmed and added to the Blockchain ledger, there are various approaches that have been developed to complete this process.
Proof-of-stake (PoS) In PoS-based cryptocurrencies, the creator of the next block is chosen via various combinations of random selection and wealth or age.
Proof of Importance (POI) This is a style of proof pioneered by the coin NEM as a third alternative to PoW and PoS.
TA Shorthand for a technical analysis, or the analysis of coin values based on historical price movements and sophisticated indicators.
Node a computer that is connected to the network of a particular cryptocurrency.
Mining Mining is the process of validating new transactions on a cryptocurrencies distributed ledger.
Moonshot This refers to a cryptocurrency shooting upwards dramatically.
Bear and Bull markets A bull market is refers to rising prices and optimistic sentiment that encourages buying. Bear markets are considered the opposite of bull markets, with downward price trends and a pessimistic sentiment that encourages selling
Whale Refers to someone who holds a large amount of cryptocurrency
HODL Refers to the passive investment strategy of ignoring market turbulence and waiting for long term returns.

Disclaimer: The content on this page should not be taken as financial advice. It is for informational purposes only. Never invest what you can’t afford to lose. Always research as much as possible before making any financial decision and consult a certified financial advisor.

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