BitTrader Review 2023: Is It Legit Or A Scam?

  • No Software License Fee
  • Account 2FA (Two-Factor Authentication)
  • 85% Trade Win Rate
  • Does Not Completely Limit Risk
  • Sign Up Process & Getting Started 4.9/5
  • Deposits & Withdrawals 4.7/5
  • Ways To Trade & Assets 4.6/5
  • Security And Regulation 4.5/5
  • Customer Support 4.7/5
At Coin Insider, we have been giving expert opinions on crypto trading tools for years. After having tested BitTrader, we believe that it is a legitimate and helpful trading platform and we can highly recommend both new and advanced traders to use BitTrader.

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What Is BitTrader? 

BitTrader is a fully automated trading platform that has been skillfully created to help both novice and experienced traders maximise their trading experience.

BitTrader is an online crypto trading platform that employs the latest technology, trading innovations, and artificial intelligence to perform automated trading on the user’s behalf. It has been proven to be highly a profitable trading tool for those who use it.

The main incentive for having a BitTrader account is to make your trading journey as effortless and efficient as possible. To achieve this, BitTrader has been designed with the sole purpose of handling your cryptocurrency trading for you. With its user-friendly interface, BitTrader is perfect for beginner traders and experienced traders who do not have time to trade for hours a day.

the BitTrader algorithm is made up of intricate mathematical to analyse the crypto market 24/7. With the data collected, BitTrader makes informed, calculated trading strategies on behalf of the user. BitTrader uses artificial intelligence to successfully execute trades and increase profitability for the user. As mentioned above, this BitTrader review will cover all the facts you need to make an informed decision when choosing a tool to trade with.

How We Reviewed BitTrader:

We adhere to a strict procedure when evaluating the product to make sure we have given our readers the greatest BitTrader review.  In order for us to give the most educated review on BitTrader, we conduct a series of tests against a set of standards that we’ve developed over the years of testing crypto trading bots. Initially,  we researched BitTrader prior to testing, next we tested BitTrader and recorded the findings, we then detailed our BitTrader findings in a report. This report and the BitTrader review are revisited regularly and updated to ensure you have the most up-to-date information on this trading system.

85% Success Rate
No Experience Required

How Does Trading With BitTrader Work?

As mentioned above, the BitTrader software is an automated trading bot 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.

To start the process, all you need to do is register for free. To create your account, kindly click the following link to the official website for BitTrader.

What we rated BitTrader: 

Sign-up process: 4.9/5

BitTrader proves to be beginner-friendly and it is easy for anyone to sign-up on the BitTrader website to begin crypto trading. 

Deposits and withdrawals: 4.7/5

It is easy to make fast deposits and withdrawals with BitTrader. BitTrader also welcomes a range of different payment methods. 

Available assets and ways to trade: 4.6/5

Trading with BitTrader is not limited to a handful of cryptocurrencies. Aside from being able to trade with bitcoin and other popular cryptocurrencies, BitTrader has a large variety of coins to trade with.

Customer service: 4.7/5

BitTrader will never leave you in the dark thanks to its 24/7 customer care department.  

Security and regulation: 4.5/5

BitTrader has proven to be a trustworthy trading tool because your personal information is kept safe with an SSL certificate. In addition to this, BitTrader 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)

BitTrader Pros & Cons

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

 Licensed CySec Brokers Does Not Completely Limit Risk
 Portfolio Management Features Requires Quick Phone Call To Verify Account
 Demo Mode (With Deposit)
 No Software License Fee
 Full User Risk Control Tools
 FINRA-rated Brokers

Is BitTrader A Scam or Legit?

With technology advancing at a rapid pace, there are constantly new products on the market and you will be faced with so many options when trying to find a suitable crypto trading robot that meets your needs. All these different trading platforms can be overwhelming and even more daunting to choose which one to put your faith to trade for you. You might be wondering – is BitTrader legit or a scam? We can confirm that BitTrader is a safe and legit trading platform and a reliable trading robot.

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 BitTrader you can be assured that you are in dealing with legitimate trading software. BitTrader 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 BitTrader 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 this, there are lots of online testimonials of BitTrader users who have been satisfied with BitTrader and the profits it has made for them. The rest of this BitTrader review will touch on other aspects that add to the legitimacy of this product.

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BitTrader’s Key Features and Differentiators

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

User-friendly Interface

BitTrader has been designed with the goal of making your life easier, so it has been designed with the intention of being as user-friendly to navigate as possible.

Place Trades Simultaneously

Because BitTrader 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.

Emotion-free Trading

As mentioned earlier, BitTrader 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

BitTrader 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.

High Profitability

Because the BitTrader platform analyses 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

BitTrader is able to trade with a larger variety of crypto ranging from the most popular ones like Bitcoin to other, more exotic cryptocurrencies.

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.

Quick Withdrawals

When trading with BitTrader, once you complete your withdrawal form, withdrawals can be made within the space of 24 hours for your convenience using your preferred payment method.

Customer Support Department

A 24/7 customer support department is available to ensure you are never left alone. The BitTrader team will make sure your automated trading bot serves you well. This is one of the many great features of BitTrader because it means beginners can feel at ease with auto trading.

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 BitTrader 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.

How To Register With BitTrader

Registering a trading account with BitTrader is quick and easy and won’t take up more than 20 minutes of your time. Below is a step-by-step guide to creating your personal BitTrader account.

1. Registration Form

First, you’ll need to visit the BitTrader website and fill in a registration form 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.

85% Success Rate
No Experience Required

2. Make Your First 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 BitTrader.

3. Demo or Live Trade

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.

How To Use BitTrader Optimally

If you use BitTrader correctly, its technology can make your life much easier when it comes to cryptocurrency trading. There are a lot of BitTrader pros to consider when choosing your trading tool of choice. Here is some advice to help you optimise your experience when using BitTrader.

Utilise Your Account Broker

BitTrader 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 BitTrader 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 BitTrader. This initial deposit will also act as your capital and will be used to make your first trades with BitTrader.

Withdraw Your Profits Regularly

It would be beneficial to keep in mind that your profits generated by BitTrader 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

BitTrader 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 BitTrader, 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 BitTrader 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.

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

How Crypto And BitTrader Have Evolved

The buzz around cryptocurrency started in 2008 when a group of people under the pseudonym Satoshi Nakamoto published the Bitcoin white paper, describing the functionality of the Bitcoin blockchain network, in 2009 the first block of the Bitcoin blockchain network was mined. Since then, Bitcoin trading and the crypto industry as a whole have evolved at a rapid rate, with an estimated 320 million crypto users globally in 2022.

With both technology and the crypto industry evolving at an accelerated rate, we ensure that we recommend the latest innovations regarding crypto trading. With the BitTrader trading platform, the newest technology has been used to ensure the most efficient, up-to-date cryptocurrency trading will be done on your behalf. The BitTrader website is kept updated to ensure it aligns with the evolution of the crypto industry. An example of a trading bot that has been around for a long time is Bitcoin Union who were around in the early days of crypto trading.

Celebrities And BitTrader

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

Conclusion On BitTrader

After considering all the information in this BitTrader review, it can be confirmed that the BitTrader trading platform will make any user experience an excellent one with all its unique features. BitTrader unlocks a world of potential for new users who are eager to earn money through cryptocurrency trading. Of all the BitTrader reviews, this one has covered all the important bases to help you take your trading experience to the next level by choosing to trade with BitTrader.

As a result, we think that BitTrader would be beneficial to any trader looking to enter the cryptocurrency market. You can claim your license immediately by opening an account and following the abovementioned steps. We recommend that you take full advantage of the market and use BitTrader to help you maximise your crypto profits. We hope this BitTrader review has helped you understand more about how to trade with this crypto trading platform.

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

Alternatives To BitTrader:

We’ve been reviewing and testing trading platforms for many years and BitTrader comes out on top for many of the aspects that we review. When comparing the BitTrader website to other trading platforms such as Bitcoin Loophole and Quantum Code, BitTrader has an impressive range of features to help make your trading experience as efficient as possible.

BitTrader Frequently Asked Questions

What is BitTrader & How Does It Work?

BitTrader is an automated trading tool using artificial intelligence to predict market movements and capitalise on it. The investment strategy is celebrated for its ability to capitalize massively in the high volatility environment of cryptocurrency markets. There are no fund managers to take risks, monitor market activities or wait for opportunities - profits come automatically every hour until it reaches the desired amount.

How Much Profit Can I Make With BitTrader?

BitTrader'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 BitTrader Free To Use?

Yes, BitTrader does not charge any license fees or charges to open a trading account.

BitTrader App - Is One Available?

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

Where Is BitTrader Available?

BitTrader is almost 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 your home is not listed above, you may still register via this page for BitTrader.

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

Elon Musk is a well-known advocate of cryptocurrency, but there's no evidence to suggest he uses BitTrader. In fact the famous entrepreneur has been quite vocal about his opinion on Twitter. There is no evidence to suggest that Tesla or any global corporations use BitTrader, but many people and companies in power trade and store crypto as an alternative way of making money.

Do Any Celebrities Endorse BitTrader?

Bill Gates, Richard Branson, and Dragon's Den panellists (such as Deborah Meadon), as well as all other celebrities, do not promote BitTrader. There is some indication, however, that they may utilise cryptocurrencies as a form of wealth accumulation.