Bitcoin News Trader Review 2021: Know is Scam or Legit Trading Robot? (2024)

The Bitcoin News Trader platform is a remarkable smart and successful crypto-trading application. As per our Bitcoin News Trader review, the platform claims that their intelligent computerized algorithm helps its customers to predict the cryptocurrency prices with over 99% accuracy. From numerous user testimonials, online, it is clear that the crypto trade robot is completely autonomous, and is designed and crafted for investors with varying levels of experience. Further, numerous users of this application claim that they have made a huge amount of money from this versatile to use bitcoin trade platform.

Bitcoin News Trader Review 2021: Know is Scam or Legit Trading Robot? (1)

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Bitcoin News Trader makes life more comfortable with its advanced trade tools for clients wishing to earn profit by trading Bitcoin. The primary advantage of Bitcoin News Trader is that the application functions identically as a human crypto investor. The intelligent application executes trading decisions in a split second by automated trading market signals. The cryptocurrency market is highly unpredictable, and there are obvious financial risks linked with it. The trading robots of Bitcoin News Trader perform exceptionally and up to the best standard, but sometimes losses are still incurred due to crypto market volatility. To avoid such circ*mstances, Bitcoin News Trader offers many advanced tools to reduce financial risks.

The primary point for this trading software to become popular in the crypto industry is its flexible feature, which allows its customers to trade from anywhere around the globe without making a significant effort. The trading software is equipped with state of the art trading tools with an intelligent financial news hub that utilizes automatic crypto news aggregation and analysis to prognosticate the crypto market. Bitcoin News Trader states that the software is 100% free for anybody to download, but to profitably get started trading, the company recommends a minimum deposit of $250.

Registering a New Trading Account

Step 1: Registration

To initially open a trading account, a broker has to access the official website of Bitcoin News Trader via any internet browser on an iOS or Android smartphone or a personal computer running any popular Windows, Mac, or Linux operating system. Further, traders have to fill some mandatory information like first name, last name, e-mail ID, and mobile number. Soon after filling the form, the system generates a receipt validating details of the new trading account as well as brokers affiliated with the new account. Further, to maintain account security, users are prompted to activate a local password, not surpassing six characters.

Step 2: Demo Trading

One of the most striking features of Bitcoin News Trader is the computerized demo trading feature, which helps less experienced traders to try the trading application before starting real-time trading. The free demo trading tool included in the Bitcoin News Trader application is introduced to efficiently learn about the automated trading platform and also analyze vital market signals to make money with fictitious funds profitably. The demo trading option is optional, but experts at the Bitcoin News Trader platform firmly recommend using the feature before getting involved in live trading.

Bitcoin News Trader Review 2021: Know is Scam or Legit Trading Robot? (2)

Step 3: Depositing Money in the Trading Account

Bitcoin News Trader recommends a minimum deposit of $250 before starting a live trading session. The platform supports numerous payment methods for customers to keep the trading experience stress-free. Deposit and withdrawal options such as Visa, PayPal, MasterCard, and other alternatives like Neteller, Payoneer, credit/debit card, or Skrill are included in the application for smooth user experience.

Step 4: Real Trading

According to our Bitcoin News Trader review, Users of the platform can activate live trading soon after choosing any cryptocurrency and activating the stop-loss feature to avoid fund transactions during the negative market. The setting panel in the application further allows the users to configure personalized trade settings for making guaranteed profits.

Features of Bitcoin News Trader:

  • Excellent 24/7 skilled customer service team to assist users with any kind of problem whenever required.
  • Bitcoin News Trader comes equipped with a marvelous demo trading feature to provide, fabulous learning experience to all clients. Further, the platform also provides free webinars, video tutorials, and conducts online seminars for users to trade efficiently.
  • The platform provides a completely free registration with no deceptive hidden cost, unlike other cryptocurrency brokers in the market.
  • The Interface of the Bitcoin News Trader platform is extremely user-friendly for novices as well as for skillful traders.
  • Bitcoin News Trader highlights user testimonials on their official website, which proves its legitimacy and also popularity among the crypto-trading community.
  • Bitcoin News Trader boasts a massive triumph rate between 92%-99%, which makes it market-leading.
  • The cryptocurrency trading broker accepts a wide variety of deposit methods like Credit/Debit card, direct wire transfer to the bank, and PayPal among the most popular.
  • The Bitcoin News Trader software is a free software to download, and a minimum amount of only 250$ is required for starting a live trading session.

Bitcoin News Trader Review 2021: Know is Scam or Legit Trading Robot? (3)

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Conclusion

It always becomes confusing to choose a good Bitcoin trading robot from the best Bitcoin robots amidst so many scams on the market. But that being said, from our analysis of Bitcoin News Trader, we can conclude that by our Bitcoin News Trader review, that the platform is 100% legitimate and reliable for trading with Bitcoin and cryptocurrencies. On deep analysis of their official website, our team of expert analysts discovered numerous testimonials from their registered clients who claim the platform to be legit and further goes on to describe their substantial earning from the platform.

It is a well-known fact that Bitcoin and other types of crypto assets are high gain high risk financial assets, their super volatile price with humongous profit margin is the key reason why traders all across the globe are looking to invest in cryptocurrencies. Advanced cryptocurrency trading tools like Bitcoin News Trader offer a countless number of features which can help skilled as well as novice traders make a significant amount of money; nevertheless, it is important and is firmly recommended by experts, to research the market before investing a serious amount of money.

FAQs
1: What is Bitcoin News Trader?

Ans: It is a cryptocurrency trading platform, and it claims that its intelligent computerized algorithm has over 99% accuracy and it is easy to use.

2: Is Bitcoin News Trader legit?

Ans: Yes, it is a 100% legitimate and reliable platform for trading the Bitcoin and other cryptocurrencies.

3: How does Bitcoin News Trader work?

Ans: To start trading on this platform, you need to fill the registration form. Once the registration process is done, you need to deposit the fund in your account, and then you can start trading on the platform.

4: Is my information safe on this platform?

Ans: Yes, your information is 100% secure on this platform.

Bitcoin News Trader Review 2021: Know is Scam or Legit Trading Robot? (2024)

FAQs

Is Bitcoin Trader legit or scam? ›

Bitcoin Trader is not a trusted broker because it is not regulated by a financial authority with strict standards. We recommend you open an account only with brokers that are overseen by a top-tier and stringent regulator. All the 100+ brokers reviewed on the BrokerChooser website meet this criteria.

Which trading bot is legit? ›

What's the best crypto trading bot in 2024?
PlatformExchanges supportedIdeal for
Hummingbot19 dexes + 24 dexesProfessional liquidity providers and market makers
CryptoHero10Simulated trading
TokenSets3 blockchainsDeFi crypto trading bots
Coinrule10Crypto trading bots for beginners
6 more rows
Feb 12, 2024

What are the fake Bitcoin companies? ›

Key Consumer links
Primary SubjectScam Type
Bytobit.comFraudulent Trading Platform High Yield Investment Program
Bitcoin Mining svcoin.space my-minings.topIdentity Theft Advance Fee Scam
100ExFraudulent Trading Platform Pig Butchering Scam
Coinegg ceggcc.vipFraudulent Trading Platform Pig Butchering Scam
32 more rows
Mar 28, 2024

Can I get my money back if I got scammed from Bitcoin? ›

It is very unlikely that you will be able to get a refund from a scammer if you paid them with Bitcoin or another cryptocurrency. Cryptocurrency transactions are irreversible, which means that once the money has been sent, there is no way to get it back.

What is the most trusted Bitcoin trading platform? ›

Best Crypto Exchanges and Apps of April 2024
  • Best for Low Fees and Best for Experienced Traders: Kraken.
  • Best for Beginners: Coinbase.
  • Best Mobile App: Crypto.com.
  • Best For Security: Gemini.
  • Best for Altcoins: BitMart.
  • Best for Bitcoin: Cash App.
  • Best Decentralized Exchange: Bisq.

How to find Bitcoin scammer? ›

Signs of crypto scams include poorly written white papers, excessive marketing pushes, and get-rich-quick claims. Federal regulatory agencies, such as the Federal Trade Commission (FTC), and your crypto exchange are the best places to contact if you suspect you've been the victim of a scam.

Can you lose money with trading bots? ›

Despite advancements in technology, trading bots are not immune to common mistakes. In some cases, insufficient risk management strategies, over-optimization of algorithms, or heavy reliance on historical data have led to significant financial losses for users.

Can trading bots actually make money? ›

Conclusion. Trading bots have the potential to generate profits for traders by automating the trading process and capitalizing on market opportunities. However, their effectiveness depends on various factors, including market conditions, strategy effectiveness, risk management, and technology infrastructure.

Do Bitcoin trading bots work? ›

Crypto trading bots can be an excellent tool for experienced traders looking to execute automated trading strategies. However, they are not plug-and-play money-making machines. To successfully trade using a bot, you will have to have it execute a trading strategy that you have thoroughly backtested.

Has anyone been scammed by Bitcoin? ›

Scammers have found creative ways to cheat investors out of their money, the BBB said in its annual report about the biggest scams of 2023, which is based on 67,000 reports of scams. About 80% of Americans targeted in crypto and investment scams last year lost money, the BBB reported.

How can you tell if a Bitcoin website is real? ›

Many states also have requirements for cryptocurrency trading websites to register. To see if a site is registered, visit fincen.gov/msb- registrant-search. Registration alone won't protect you from fraud, but most scams involve unregistered entities, people, and products.

What is the number 1 Bitcoin company? ›

#1 Coinbase Global Inc.

Coinbase Global (COIN) is a global provider of financial infrastructure, including transaction services, and technology designed for the crypto economy.

How do you track a scammer? ›

Key strategies include:
  1. Reporting the scam to authorities for a professional investigation.
  2. Utilizing social media and search engines to gather clues.
  3. Leveraging financial transaction records to trace the scammer's identity.
Feb 27, 2024

What can I do if I've been scammed out of money? ›

Federal Trade Commission: Contact the Federal Trade Commission (FTC) at 1-877-FTC-HELP (1-877-382-4357) or use the Online Complaint Assistant to report various types of fraud, including counterfeit checks, lottery or sweepstakes scams, and more.

How to get money from scammer? ›

Provide information about the scam to your bank or credit card company. Remain calm, and describe the facts of the scam in chronological order. Be as detailed as possible, including the date and amount of the transaction. If there were multiple transactions, be prepared to explain why you sent the scammers more money.

Does the Bitcoin trader work? ›

Bitcoin Trader offers numerous advantages to its users. Its user-friendly interface makes it easy for even novice traders to navigate. This is particularly beneficial for those new to online trading as the software has some basic features that are easy to understand.

How does Bitcoin trader work? ›

A bitcoin exchange is a digital marketplace where individuals can buy, sell, or trade Bitcoin in exchange for other cryptocurrencies or fiat currencies. These crypto exchanges act somewhat like a stock exchange, but instead of trading stocks, users trade cryptocurrencies and other digital assets.

What does a Bitcoin trader do? ›

Cryptocurrency trading is the act of speculating on cryptocurrency price movements via a CFD trading account, or buying and selling the underlying coins via an exchange.

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