Ever since its inception, Cryptocurrency trading has faced a lot of criticism from the fintech community. This stems from its use for illegal activities, exchange rate volatility, and vulnerabilities of the infrastructure underlying it. However, it has also have been praised for its portability, divisibility, inflation resistance, and transparency.
Cryptocurrencies came into existence after the 2007 global financial crisis as a new form of currency or store of wealth that was not controlled by any government or financial institution. The first blockchain-based cryptocurrency was Bitcoin, which still remains the most popular and profitable.
Bitcoin’s value has since declined but many predict its value will rise again as adoption grows and financial institutions as well as governments start recognizing it’s value. Even with the decline from around $20,000, Bitcoin and cryptocurrencies are still the best performing asset class in the last decade.
The volatile nature of the cryptocurrency market makes new and inexperienced users sceptical about trading. Advanced cryptocurrency traders are still making huge profits from trading, but this can be a bit challenging for newcomers. This has led to a rise in cryptocurrency trading platforms that aim to make it easier for people to start making money from trading. One such platform is Bitcoin Era.
We’ve curated a comprehensive review which is aimed at answering new and experienced trader’s questions, specifically around Bitcoin Era and the opportunities that exist on this platform.
Let’s start by investigating what Bitcoin Era actually is and how this trading platform works.
WHAT IS BITCOIN ERA?
Bitcoin Era is an algorithm-based robot that facilitates the automated buying and selling of bitcoin as well as other prominent cryptocurrencies. This crypto trading robot uses statistical algorithms to compare a range of historical and existing data. It then applies it to the existing cryptocurrency market and further automates trading, calculating the optimum entry and exit points to ensure trades have maximum profits.
HOW DOES BITCOIN ERA WORK?
It operates by contacting digitally to various cryptocurrency brokers to facilitate trades. The robot first computes optimum points of entry and exit for trade in a particular cryptocurrency asset, and then sends this information to a partnered broker using an API. Upon receiving the trading signal, the broker automatically executes as per the criteria specified by the robot. The robot works with a number of regulated CFD brokers, to which it sends trading signals.
Additionally, the robot enables manual trading for its users. It allows a user to input trading parameters including the cryptocurrency asset, the amount that a trader wants to invest, stop loss, and trading strategy. Once market conditions move to match the user’s requirements, Bitcoin Era’s robot places the trade. We advise all traders to not rely entirely on the robot but to set trading parameters such as stop loss and daily limits as precautionary steps against crypto market volatility.
CURRENCIES SUPPORTED BY BITCOIN ERA
The following cryptocurrencies are supported with Bitcoin Era:
In addition to this, Bitcoin Era also allows trading of bitcoin in BTC/ USD and BTC/ EUR
PROs and CONs OF USING BITCOIN ERA
Bitcoin Era was created and launched in 2019; it features a system that performs transactions faster than the regular cryptocurrency market processes. However, we have found that it also has some challenges. We have summarised the PROs and CONSs for you and urge you to continue to do further research on this trading platform before you begin to trade.
|∙ Easy registration and verification process||∙ Limited cryptocurrency options|
|∙ Customisable trade settings||∙ No mobile app|
|∙ No hidden charges, fees and broker commission||∙ Vague and sometimes misleading information on the website|
|∙ Payouts can be accessed on a daily basis as there are no limits on withdrawals||∙ Has multiple websites under its name, therefore difficult to verify its authenticity|
|∙ Trades are only done using CFD brokers, so all transactions happen in fiat currency rather than in cryptocurrency.||∙ The website claims Award winnings but no proof has been found.|
HOW TO GET STARTED ON BITCOIN TRADER
The steps to make money with Bitcoin Era are simple. Investors just create an account (free of charge) with an accurate user profile, once its approved you make a deposit and start trading.
Step 1: Account registration and verification
Creating a Bitcoin Era account is a simple and easy process which takes under 30 minutes to complete as the platform interface is easy to navigate. The only information you need to enter is a user name, email address, and phone number. Once you have verified your email address, you can log in to your account.
**NOTE**: You can only register if partnered brokers offer services in your country. For instance – a trader from India cannot use the services.
Also, while registration on Bitcoin Era does not require any ID documents, you will need to provide these if withdrawing money. While withdrawing profits, you will be asked to submit an ID on the broker’s account as the partnered broker complies with the anti-money laundering act.
Step 2: Finance
You can opt for a practice account, in order to familiarise yourself with the basics of cryptocurrency trading. Alternatively, you can directly go for live-trading. In order to do so, you need to fund your account with a €250 minimum investment. Making a deposit on Bitcoin Era is very easy: The site offers multiple payment options such as MasterCard, Visa, PayPal, Net-teller and Skrill, among others. We are particularly impressed with this service as multiple payment options make it possible for users from all parts of the world where Bitcoin Era is available to participate. The maximum deposit on Bitcoin Era is €15,000.
Step 3: Demo Trading
The demo trading feature experience was nothing short of amazing. We were afforded the opportunity to understand how trading works and how the system can help us make a profit from trades. The demo trading feature is a duplicate of an actual live trade without the use of real money. It showcases how the platform operates. The demo trade features a dashboard just like the real one used on the live platform. Please note: you cannot receive your profits made on the demo account as it is not the live platform, should you wish to profit in real money you may deposit the minimum amount of €250 to gain real profit on the live trading platform. WE HIGHLY RECOMMEND THAT IF YOU ARE NEW TO TRADING, YOU START OFF WITH DEMO TRADING!
Step 4: Live trading
Once you’ve familiarised yourself with how the Bitcoin Era platform works, and a deposit has been made into your Bitcoin Era account, you can now start live trading. You can simply do this by clicking on ‘Start Auto Trading’ in order to enable the robot to place trades on their behalf. Even in this case, you do have to specify the settings which include your credit limit, price, and which cryptocurrency you want to trade. Alternatively, you can opt for manual trading wherein you place trades based on your strategies.
Once you’re setup on the platform, we think it will be worth your while to understand the interface. On the Bitcoin Era account we could view and edit our profile. We also found information about the broker assigned to our account, deposit options, activity, and a summary of recent transactions.
Tabs that can be found on Bitcoin Era System include:
Trading Account: A click on this tab reveals account activity- this helps with monitoring account activity. However, there is so little to do because the trading robots take charge of everything.
My Profile: On this page, there are options to modify your password, account information, and bank details for payments and withdrawals.
Fund Transfer: This is the portal used to initiate withdrawals and make payments.
Platform Downloads: The trading platform is hosted online; however, users who wish to download can do that here.
IMPORTANT FEATURES OF BITCOIN ERA
The Bitcoin Era platform is equipped with some great features that make the live trading experience a success.
∙Payouts: The payout system on Bitcoin Era is fantastic; we were impressed with the speed of processing and its accuracy. Users can earn between €2,000 and €8000 weekly and all funds can be accessed with a click of a button. You can transfer your profits or trading capital directly to your bank account. To do so, a trader first needs to fill a withdrawal request form. The robot does not levy any commission on profitable trades, which means you receive your whole amount.
The system also does not pose any limits on your withdrawals and payouts can be accessed on a daily basis. It is worth noting that Bitcoin Era does not offer payouts in bitcoin or other cryptocurrencies as it only trades with CFD brokers.
∙Cryptocurrency Pairs: It is easier to make more money by investing in Bitcoin Era; we discovered that the auto trading platform offers users a chance to set auto trades with different currency pairs such as BTC/USD, BTC/EUR, etc.
∙Deposits and Withdrawals: Funds can be deposited and withdrawn at any time of the day since the system is always live. The process of withdrawals occurs through the broker’s account. While there are no restrictions on the withdrawal limits, it takes up to 36 hours for the money to reach your account.
∙Verification system: The verification system is enhanced to ensure that all the information entered by account holders is accurate. This prevents delays in payment or withdrawals and also lowers the chances of fraud.
∙Professional brokers: To ensure that all users make much money with Bitcoin Era, the system is monitored by professional brokers who vet trades selected by the auto trading robots.
∙Customer service helpdesk: The help desk is available to all users 24/7; we tested the helpdesk and can confirm that it is responsive. We are happy about this feature because everyone can get guidance and support when they have any problems.
SOME TRADING TIPS FOR BEGINNERS
It’s important to do some research before trading cryptocurrencies. Crypto is a complicated and sometimes volatile market, and even experienced traders should proceed with caution before trusting their funds to a trading robot. Here’s the advice from our team of experts for anyone getting into automated trading:
- Learn about trading before you use a robot. For people who are new to trading, it is important to learn about the details of what it involves – even if using a robot. Through this you can familiarise yourself with strategies like setting limits and stop losses to protect your funds and create a better trading strategy.
- Learn more about cryptocurrency. Cryptocurrency is a complicated asset, and it is important to understand the basics of what you’re trading before signing up to a robot service.
- Research market trends: Sign up on digital forums where the cryptocurrency market is analysed and stay updated with current trends. With the information you can gather, it will be easier to know when you should invest more to make significant profits from trades.
- Start with a demo account. Robot services allow users to start trading on a demo account, giving you the chance to familiarise yourself with the platform without putting any of your hard earned money at risk.
- Build your portfolio gradually over time. The best trading strategies are long term, based around generating continuous growth over a long period of time. It is always best to start your experience with a perfect auto trading platform such as Bitcoin Era with the minimum deposit of $250. After earning your first profit, you can gradually increase your investment over time when you have a better understanding of how auto-trading cryptocurrency systems work.
- Only invest what you can afford to lose. The most important rule when it comes to trading assets of any sort is only to invest what you can afford to lose. There’s no guaranteed trading strategy and there will always be some risk to individual traders, so don’t invest all your money with a trading robot.
Celebrities involved with 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 cryptocyrrency 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.|
OUR FINAL THOUGHTS: IS BITCOIN ERA LEGIT OR A SCAM?
The Bitcoin Era App has been created using the most advanced programming the trading world has ever seen. The software is ahead of the markets by 0.01 seconds. This ‘time leap’ makes the software the most consistent trading app on the planet. There is no other trading app in the world that performs at the 99.4% level of accuracy that The Bitcoin Era is able to hit.
We can confidently conclude that Bitcoin Era is a great auto trading platform that can help users earn profits daily. Getting started is fairly easy, with a quick registration and verification process which allows you start trading in under 3o minutes. Whilst navigating the platform, we encountered no problems, which is a very important factor in the world of crypto trading. The interface is easy to navigate, with 24/7 customer help ready to assist should users have questions or encounter any problems.
We also found proof that the developers in charge of managing the system are committed to providing adequate online security on the platform to protect user information and funds. The payouts system is also transparent and accurate.
Lastly, we can report that every investor in Bitcoin Era is guaranteed to receive their earnings and profit because the system has a high win rate. So Bitcoin Era is a legit auto trading platform and if you’re planning to use it, the best way to approach it is as a supportive tool in perfecting your trading strategy. By learning more about trading and cryptocurrency, you can set parameters on your account that can help you mitigate risk and deliver higher returns.
Can I withdraw Bitcoins from the system?
No, this is not possible, the system converts earned Bitcoins into your local currency with is sent to your bank account.
Can I choose a broker for my Bitcoin Era account?
No, this is also not possible, the system automatically links accounts to brokers. However, we have confirmed that all the brokers affiliated with Bitcoin Era are experienced and reliable. We know that they can be trusted to ensure maximum profits are earned from trades done by the trading robots.
Is this like MLM or Affiliate Marketing?
No, Bitcoin Era is not like MLM, affiliate marketing or anything else out there. The software wins trades with 99.4% accuracy.
What is the maximum amount that I can make?
According to the Bitcoin Era website, your profits are unlimited within The Bitcoin Era and some members earned their first million within just 61 days.
How many hours per day do I need to work?
Members work an average of 20 minutes a day or less. This is because the software handles the trading the amount of ‘work’ required is minimal.
How much does the software cost?
Members of The Bitcoin Era get a copy of the proprietary software free of charge.
Are there any fees?
There are no hidden fees, broker fees or commissions. All of your money is 100% yours and you are free to withdraw it at any time you choose without delay.Register now for 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.|
Other Advanced Trading Systems
|Crypto Trader||Bitcoin Loophole||Bitcoin Lifestyle||Bitcoin Rush|
|Bitcoin Evolution||Bitcoin Revolution||Bitcoin Profit||Bitcoin Code|
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.