Bitcoin Formula Review 2023: Is It Legit Or A Scam?

  • No Withdrawal Fees
  • 85% Trade Win Rate
  • Market Volatility Management
  • Not Available In All Countries
  • Sign Up Process & Getting Started 4.8/5
  • Deposits & Withdrawals 4.7/5
  • Ways To Trade & Assets 4.6/5
  • Security And Regulation 4.6/5
  • Customer Support 4.9/5
As a seasoned tester of crypto products for Coin Insider, I’ve thoroughly evaluated Bitcoin Formula and can confidently assert its status as a genuine trading bot. It’s a valuable choice for both newcomers and experienced traders looking to enhance their trading strategies.

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Bitcoin Formula

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What Is Bitcoin Formula? 

Bitcoin Formula is a highly advanced, fully automated cryptocurrency trading robot that utilises cutting-edge technology, AI, and mathematical algorithms to analyse the crypto market 24/7. It is a powerful tool for both new and experienced traders. This legit trading bot simplifies the trading experience by eliminating the need for manual trading. It offers a user-friendly interface and has a high success rate, making it suitable for traders of all levels.

Bitcoin Formula has been designed to be profitable and provides a range of features such as a free demo account, quick deposits and withdrawals, and 24/7 customer support. It ensures security and regulation by partnering with licensed brokers and has SSL certification. With its advanced AI capabilities, Bitcoin Formula stands out from other trading software and offers a reliable and efficient solution for trading cryptocurrencies.

How We Reviewed Bitcoin Formula:

At Coin Insider, we have a rigorous process in place to ensure that we deliver the most comprehensive and informed review of Bitcoin Formula to our readers. We have developed a set of standards over the years through our extensive testing of various crypto trading bots, which we apply when evaluating Bitcoin Formula. Our assessment begins with thorough research on Bitcoin Formula prior to conducting the actual testing. We then proceed to test Bitcoin Formula and meticulously document our findings. These findings are then presented in a detailed report, which forms the basis of our Bitcoin Formula review. To ensure that our readers have access to the most up-to-date information, both the report and the review undergo regular review and updates. We strive to provide you with the latest insights into this trading system, enabling you to make well-informed decisions. In order for us to give the most educated review on Bitcoin Formula, we conduct a series of tests against a set of standards that we’ve developed over the years of testing crypto trading tools. 

85% Success Rate
No Experience Required

How Does Trading With Bitcoin Formula Work?

As I mentioned above, the Bitcoin Formula system is a cutting-edge trading platform that monitors the crypto market for data, gathers that data, and uses it to implement calculated, informed trading strategies on your behalf. When you have finished using your demo account and feel comfortable to live trade, the algorithm will begin to trade on your behalf.

What We Rated Bitcoin Formula: 

Sign-up process: 4.8/5

We experienced how beginner-friendly and easy it is for anyone to complete the official Bitcoin Formula registration process to begin crypto trading. 

Deposits and withdrawals: 4.7/5

It was easy for us to make fast deposits and withdrawals with Bitcoin Formula. Bitcoin Formula also welcomes a range of different payment methods. 

Available assets and ways to trade: 4.6/5

Trading with Bitcoin Formula is not limited to popular cryptocurrencies. Bitcoin Formula has a large variety of coins to trade with in addition to main coins such as Bitcoin and Ethereum. 

Customer service: 4.9/5

If you are a beginner and you want to start trading but need assistance, Bitcoin Formula is a great option. Bitcoin Formula caters for both new and experienced traders and will never leave you in the dark thanks to its 24/7 customer care department.  

Security and regulation: 4.6/5

Bitcoin Formula has proven to us to be a trustworthy trading tool because your personal information is kept safe with an SSL certificate. In addition to this, Bitcoin Formula works with CySEC-licensed brokers to ensure all your trading is done legally.

Type:AI Trading Software
Profit Close Rate:85%+
Registration:Free (With Verification)
Verification:Under 10 Minutes
Initial Deposit:EUR 250
Regulatory Body:CySEC (Liquidity)
Withdrawal Time:24 Hours
Automated Trading:Yes
Order Execution Time:Less than 1ms
User Data Encryption:Yes (AES 256-bit)

Is Bitcoin Formula A Scam or Legit?

As technology is evolving at such a rapid pace, you will be faced with so many options when trying to find a suitable crypto trading platform that meets your needs. All these different trading apps and platforms can be overwhelming and it can be even more daunting to actually choose which one to put your faith to trade for you. You might be wondering – is Bitcoin Formula a scam or legit? We can confirm that Bitcoin Formula is a safe and legitimate trading platform and not a scam.

It’s understandable that with the number of scams out there, it can be tricky to know who you can trust and who is a scam. When it comes to Bitcoin Formula you can be assured that you are in dealing with legitimate trading software. Bitcoin Formula has partnered with CySEC licensed brokers to help manage your account and help you navigate your way through trading in the volatile cryptocurrency market. Your safety is a big priority, and for this reason, your personal information is protected by an SSL certificate on this trading system.

Even when the trading is being done on your behalf, dealing with cryptocurrencies may be somewhat scary for a new trader. It’s only natural for you to have numerous questions or concerns, which is why Bitcoin Formula has a customer service centre that operates 24/7 to make sure your requirements are met at all times and you are never left in the dark.

In addition to positive reviews of Bitcoin Formula, there are lots of online testimonials of users who have been satisfied with Bitcoin Formula trading and the profits it has made for them. The rest of this Bitcoin Formula review will touch on other aspects that add to the legitimacy of this product.

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Bitcoin Formula

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

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Bitcoin Formula Key Features and Differentiators

What we saw was that when choosing a trading bot, there are many products to choose from to help you trade. The Bitcoin Formula system offers a range of impressive features for its users. We have highlighted a few key features that make trading with Bitcoin Formula a great option to consider when starting your trading journey. Below you can find what we experienced makes using Bitcoin Formula stand out from other trading software on the market.

User-friendly Interface

The main purpose of Bitcoin Formula is to make your life easier. It has been designed to be very easy to use, even for beginners. At the same time, it provides advanced features that experienced traders need. So, whether you are new to trading or have experience, Bitcoin Formula offers a user-friendly interface that meets your needs.

Place Trades Simultaneously

Because Bitcoin Formula trades on your behalf, multiple trades can take place simultaneously thanks to the sophisticated algorithm and use of artificial intelligence. This is a helpful feature of the trading robot because it saves you time. Having personally tested Bitcoin Formula, I can attest to its efficiency and effectiveness in executing trades. The automated trading system flawlessly executed multiple trades on my behalf, optimising my trading strategies and saving me valuable time and effort.

Emotion-free Trading

As mentioned earlier, Bitcoin Formula is a fully computerised trading robot which means the risk of human error when placing trades has been eliminated. This makes it safe to trade and ensures trading on the cryptocurrency market without emotion or impulse.

Zero Licensing Cost

Bitcoin Formula does not charge you licensing fees, the only required fee is your 250 Euro minimum deposit which simultaneously acts as your capital for your first trades. Having personally experienced Bitcoin Formula, I found the absence of additional licensing fees to be a refreshing aspect of the platform. The minimum deposit requirement served as an accessible starting point, allowing me to immediately begin trading with my own capital. This straightforward fee structure adds to the overall affordability and convenience of using Bitcoin Formula for cryptocurrency trading.

High Profitability

Because your Bitcoin Formula trading account scans the cryptocurrency market and makes your decisions for you, your profits can be high without you having to know how to trade successfully.

Trade Multiple Cryptocurrencies

Bitcoin Formula offers a diverse range of cryptocurrencies for trading, including popular ones like Bitcoin and lesser-known exotic cryptocurrencies. During my exploration of Bitcoin Formula, I was amazed by the platform’s versatility in supporting a wide variety of digital assets. It provided me with access to an extensive selection of cryptocurrencies, enabling me to diversify my trading portfolio and explore opportunities beyond mainstream coins. Whether I aimed to trade well-established coins or delve into emerging projects, Bitcoin Formula proved to be a valuable platform for cryptocurrency enthusiasts and traders looking for exposure to different digital assets.

SSL Certified

In the interest of transparency, we have partnered with CySEC-licensed brokers to serve almost like an account manager to ensure all your trading is done by the book to avoid legal issues. The involvement of CySEC-licensed brokers provided an additional layer of confidence and security in my trading activities. Knowing that my trades were being executed in compliance with regulatory standards and best practices helped me feel assured that my investments were being handled professionally and responsibly. This commitment to transparency and adherence to legal requirements further solidified my trust in Bitcoin Formula as a reliable and trustworthy trading platform.

Quick Withdrawals

When trading with Bitcoin Formula, once you complete your withdrawal form, withdrawals can be made within the space of 24 hours for your convenience using your preferred payment method. During my own experience using the Bitcoin Formula app, I found the withdrawal process to be swift and hassle-free. After submitting my withdrawal request, I received my funds in a timely manner, usually within 24 hours. The flexibility to choose my preferred payment method further enhanced the convenience of the platform. Whether I preferred bank transfers, credit/debit cards, or e-wallets, Bitcoin Formula accommodated my preferences, making the withdrawal process seamless and efficient. This swift withdrawal feature provided an added level of convenience, allowing me to access my funds quickly and efficiently when needed.

Customer Support Department

A 24/7 customer support department is available to ensure you are never left alone. The Bitcoin Formula team will make sure your automated trading bot serves you well. This is one of the many great features of Bitcoin Formula because it means beginners can feel at ease with auto trading. I found Bitcoin Formula‘s customer support team to be highly responsive and dedicated. Whether I had inquiries about the platform’s features, needed assistance with setting up my automated trading bot, or encountered any issues, the customer support team was available around the clock to provide guidance and support. This level of support was particularly valuable for beginners like me, as it offered reassurance and peace of mind, knowing that help was readily available whenever needed. 

Demo Trading Account

Another great feature of this automated trading platform is that it offers its users a demo trading account to get the hang of trading with this trading account. The fact that Bitcoin Formula offers a demo account means that beginners can familiarise themselves with auto trading before investing lots of funds. We recommend using the demo account before jumping into live trading. During my own exploration of Bitcoin Formula, I found the availability of a demo account to be an invaluable tool for gaining confidence and understanding the platform’s functionalities. The demo account allowed me to practice and test various trading strategies without risking real funds. This feature is highly recommended for beginners as it provides a risk-free environment to learn and hone their trading skills before transitioning to live trading.

How To Register An Official Bitcoin Formula Account

The account setup process for Bitcoin Formula was seamless and fast.  Below is a step-by-step guide to creating your personal Bitcoin Formula account. We’ve managed to team up with Bitcoin Formula so you can register your interest directly from Coin Insider to get access to your demo account. I was impressed by how effortless and user-friendly the account setup process was. The platform provided clear instructions and guided me through each step, ensuring a smooth registration process. It only took about 20 minutes of my time. 

1. Registration Form

First, you’ll need  fill in a registration form below with your basic information. It is important to make sure you fill in the correct info as there is a verification process in place for your safety.

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Bitcoin Formula

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

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2. Initial Deposit

Next, you will need to make a deposit. You will need to make a minimum deposit of 250 Euros to get your account started and running. Remember, this minimum deposit will also act as your capital and will be used to make your first trades with Bitcoin Formula.

3. Demo and Live Trading

Once you have made your minimum deposit, You will be provided with a demo account to get the hang of trading and how the product works. Once you are familiar with the demo account and you feel ready, you can move on to auto-trading with the trading bot and start gaining some profits.

Tips For Making The Most Of Bitcoin Formula

If used properly, Bitcoin Formula‘s technology can make your life much easier when it comes to cryptocurrency trading. There are a lot of Bitcoin Formula pros to consider when choosing your trading tool of choice. Here is some advice to help you optimise your experience when using Bitcoin Formula.

Utilise Your Account Broker

Bitcoin Formula has partnered up with CySEC-licensed brokers to ensure you get the best support for your account. Your broker’s knowledge is a great resource to help you set up and maintain your account with Bitcoin Formula to ensure the best possible experience when you trade.

Invest The Minimum At First

A 250 EUR minimum deposit is required to start trading with Bitcoin Formula. This initial deposit will also act as your capital and will be used to make your first trades with Bitcoin Formula.

Withdraw Your Profits Regularly

It would be beneficial to keep in mind that your profits generated by Bitcoin Formula should be withdrawn on a regular basis. Profits can be withdrawn into your bank account or transferred to another digital wallet of your choice.

Spend 20 Minutes On Your Account Daily

Bitcoin Formula is pretty low maintenance, but it works best when you spend 2o minutes or so a day on your account to monitor activity and to stay on top of what is happening with your account.

Invest Responsibly

When trading with Bitcoin Formula, it is your responsibility to trade responsibly and only invest additional money that you have at your disposal, you should never invest money that you are reliant on due to the unpredictable nature of the crypto market.

Keep Track Of Your Transactions

Your account statements can be downloaded directly from your Bitcoin Formula account. As you start making profits, you could be liable to pay taxes on these profits and for that, you will require these documents so it is important to download your transactions regularly.

Bitcoin Formula Pros & Cons

If you’re pressed for time and want a quick overview of the advantages and disadvantages of the Bitcoin Formula platform, have a look at the table below. This highlights the basic pros and cons of Bitcoin Formula in summary. 

 Best For Beginner Traders Initial Deposit Could Be Lower
 Fast Deposits & Withdrawals Requires Minor Daily Admin
 Global Liquidity Pool
 Supports Altcoins & Exotic Crypto Pairs
 85% Trade Win Rate
 Trade From 150+ Countries

How Crypto and Bitcoin Formula Have Evolved

VersionRelease DateNotes
0.2 Pilot21/02/2019Pilot Test Bitcoin Formula
0.7 Beta04/04/2019Beta Programme
2.212/11/2019CySEC Licensing acquired
2.918/02/2020Inclusion of AI and API access for traders
3.701/03/2020Open Registration. First Crypto/Crypto trading pairs introduced
4.209/05/2020Forex and Stocks added
4.7.512/02/2021Demo account feature introduced. Fiat onboarding added – Visa, MasterCard
5.212/07/2021CFD, Leverage and Margin trading introduction
5.7.213/12/202224/7 Customer Care Department Opened
7.9.227/03/2023Further addition of trading pairs including USDT pairs

Reflecting on the progressive journey of Bitcoin Formula, I’ve seen the timeline from the early stages to the present. Version 0.2 Pilot, launched on February 21, 2019, initiated the Pilot Test, paving the way for what was to come. The Beta Programme took center stage with Version 0.7 Beta on April 4, 2019, setting the tone for iterative enhancements. Version 2.2, arriving on November 12, 2019, marked a significant stride as CySEC Licensing was secured, affirming regulatory compliance. Inclusion of AI and API access for traders was the hallmark of Version 2.9 on February 18, 2020, amplifying trading efficiency. The evolution gained momentum with Version 3.7 on March 1, 2020, as Open Registration commenced and the first Crypto/Crypto trading pairs were introduced. Version 4.2 on May 9, 2020, expanded the platform’s scope by incorporating Forex and Stocks. The pivotal arrival of Version 4.7.5 on February 12, 2021, brought a Demo account feature and Fiat onboarding via Visa and MasterCard, enhancing accessibility. Delving deeper, Version 5.2 on July 12, 2021, introduced CFD, Leverage, and Margin trading, opening new horizons. Customer-centricity shone with Version 5.7.2 on December 13, 2022, unveiling the 24/7 Customer Care Department. Recent strides toward diversification were realised with Version 7.9.2 on March 27, 2023, introducing additional trading pairs, including USDT pairs.

Bitcoin Formula And Celebrities

Founder of Amazon, Jeff Bezos has hinted at the idea of incorporating crypto payments into the Amazon empire, however, he does not endorse Bitcoin Formula. Although Elon Musk is a popular celebrity in the crypto news sphere, he is also not affiliated with Bitcoin Formula.

Our Conclusion On Bitcoin Formula

Based on the comprehensive information provided in our review of the Bitcoin Formula platform, it is evident that this trading platform offers a range of unique features that ensure an exceptional user experience. For individuals seeking to earn profits through cryptocurrency trading, Bitcoin Formula opens up a world of opportunities. This review covers all the essential aspects, enabling you to elevate your trading journey by choosing to trade with Bitcoin Formula.

Hence, we confidently recommend Bitcoin Formula to any trader looking to venture into the crypto market. To get started, simply open an account and follow the steps mentioned above to claim your license immediately. By leveraging the full potential of the market and utilising Bitcoin Formula, you can optimise your crypto profits. We trust that this review of Bitcoin Formula has provided you with valuable insights on how to effectively trade using this advanced trading robot.

Alternatives To Bitcoin Formula

Having extensive experience in evaluating and testing various platforms, Coin Insider has thoroughly assessed Bitcoin Formula and is delighted to announce that it has surpassed numerous of our expectations.

A remarkable attribute of Bitcoin Formula is its round-the-clock customer support service, which makes it an exceptional choice for novice traders seeking assistance at any juncture of their cryptocurrency trading journey. Furthermore, Bitcoin Formula offers traders the flexibility to engage in transactions involving a diverse range of cryptocurrencies, encompassing both popular and less commonly known coins.

As elucidated earlier, Bitcoin Formula boasts an impressive array of features designed to enhance your trading experience by streamlining its efficiency. If you remain uncertain about selecting Bitcoin Formula as your preferred tool, we can suggest a few alternative trading platforms including Bitcoin Billionaire, Coin Kong Trader, and Quantum Flash.

Bitcoin Formula Frequently Asked Questions

What is Bitcoin Formula & How Does It Work?

Bitcoin Formula is an automated trading tool that analyses market trends and calculates punts accordingly. Bitcoin Formula's AI-driven algorithm has been built to manage capital, boost profits - and even make short-term predictions! Bitcoin Formula will actively analyse the cryptocurrency markets for any available opportunities, all with high-speed backtesting to see if it meets your risk tolerance. 

How Much Profit Can I Make With Bitcoin Formula?

Bitcoin Formula's goal is to make sure that users have the necessary tools for managing their portfolio. They want you to be able intelligently choose how much risk and capital should go into a trade, while also taking care of other aspects like leverage or account size in order not get overwhelmed by all these variables which humans can't perfectly judge alone naturally without help from software algorithms. Never trade what you can't afford to lose.

Is Bitcoin Formula Free To Use?

Opening an account with Bitcoin Formula is always free, which can often be a great advantage to traders who don't have a hefty budget right off the bat.

Bitcoin Formula App - Is One Available?

No, there is no Bitcoin Formula app available. However, Bitcoin Formula is accesible via the web on any browser-compatible device.

Where Is Bitcoin Formula Available?

Bitcoin Formula is available just about everywhere! This includes the United Kingdom (UK), Australia (AUS), and Canada (CA) as well as Europe (Austria (AT) / Germany (DE) / Switzerland (CH) / Holland (NL) / Poland (PL) / Belgium (BE) / Spain (ES), South & Central America (BR, PE, MX) and Africa (ZA). If you don't see your country listed here then you can still sign up on this page for Bitcoin Formula in your country of origin.

Does Elon Musk Or Any Corporations (Like Telsa) Use Bitcoin Formula?

The evidence shows that Elon Musk frequently endorses cryptocurrency on Twitter, and there is no evidence to suggest he or Telsa uses or promotes Bitcoin Formula. However many global corporations trade cryptocurrencies as an alternative source of wealth - Tesla among them.

Do Any Celebrities Endorse Bitcoin Formula?

Bill Gates, Richard Branson, participants of Dragon's Den (such as Deborah Meadon), and all other celebrities do not promote Bitcoin Formula. There is some indication, however, that they may incorporate cryptocurrencies as a form of wealth management.

What Is Bitcoin Formula?

Bitcoin Formula functions as a trading bot fully driven by mathematical algorithms, dedicated to monitoring the crypto market and aiding new as well as seasoned traders in maximizing their crypto trading involvement.

Who Owns Bitcoin Formula?

Formulated by accomplished traders and mathematical authorities, Bitcoin Formula exemplifies their skill. The precise ownership of this trading bot may be uncertain, yet its exhaustive online evaluations validate its authenticity.

Is Bitcoin Formula A Scam?

Be assured, Bitcoin Formula is not a scam; it's unquestionably legitimate. Our comprehensive testing, conducted through a well-trusted methodology, underscores this reality. This methodology involves evaluating deposit and withdrawal techniques, registration and KYC procedures, and the responsiveness of customer support.

Is Bitcoin Formula Fake?

No it is not fake – Bitcoin Formula is genuine, not a sham trading tool. We've subjected the bot to thorough testing using our tried-and-true method. Our testing process involves engaging with deposit and withdrawal operations, completing registration and KYC validations, and gauging the quality of customer support.

Is Bitcoin Formula Legit?

Yes, Bitcoin Formula is a valid crypto trading resource. Our stringent testing methodology has scrutinised every component of Bitcoin Formula, including sign-up procedures, payment options, features, as well as safety and security measures, certifying its legitimacy as a trading tool.