Bitcoin Code Test & Review - Scam or Not?
Cryptocurrencies have disrupted the global investment market positively in recent years with billions of dollars pouring in from all over the world. The volatility of the market and ROI in double digits looks too appealing to be ignored.
However, as a relatively new investment portfolio, many people do not understand the fundamentals. In this regard, the introduction of trading robots is a potential avenue for returning profits from investment into the crypto market.
Cryptocurrency trading robots make the entire process of profiting from the market simpler, in that anyone can make money investing in digital currencies.
With trading bots hugging the headlines in many countries, all you need to know is covered in this Bitcoin Code review.
What is Bitcoin Code?
Bitcoin Code reportedly uses artificial intelligence to analyse cryptocurrency market data around the globe to arrive at the most rewarding investment decisions.
With so many cryptocurrency exchanges and thousands of cryptocurrencies to choose from, automatic trading systems can identify opportunities for profit making.
Who is Behind Bitcoin Code?
John McKay is reportedly the creator of Bitcoin Code. The website claims him to be an accomplished Bitcoin trader and software engineer who is reported to have more than 10 years’ experience creating trading software. The pedigree of the creator could explain why the bot is so widely reviewed and acclaimed.
How to Use Bitcoin Code
To use Bitcoin Code, you need to register. This step requires you to provide your email address, contact number and full name. You will need to validate your new account by clicking on the confirmation link sent to your inbox. You should expect a call from a regulated broker thereafter, who will explain how to use the bot and its interface.
2. Make a Deposit
The next step is to make a minimum deposit of $250 so that your trading account can be activated. Do note that access to the bot does not guarantee trading until your deposit is confirmed. The common deposit methods are VISA, Mastercard and bank deposits. Processing time is normally within 24 hours for transaction completion.
3. Start Trading
Before you move on to live trading, the first step necessary will be to determine your daily trading amount and your withdrawal frequency. Investors are advised to peg their stop loss at a price range you are comfortable with. This is necessary to preserve your trading capital and maximize your profits. It is wise to learn more about managing risk at this stage as Bitcoin Code only works within the parameters provided, just like every other robot.
4. Take Your Profits
An important aspect of trading with Bitcoin Code is to also recognize when to take your profits. Several investment experts recommend that you should withdraw your daily profits as soon as they show up in your accounts. It is also an excellent risk management technique irrespective of how profitable your trading might be.
Key Features of Bitcoin Code
Each cryptocurrency trading robot presents a set of features that underlies their selling points. We present below the leading features of Bitcoin Code as reported by the testimonials of its users.
Bitcoin Code enjoys a high pay-out rate according to the reports we have monitored online. With the positive testimonials on the bot homepage, the success rates look believable. Judging by the immense capacity of Bitcoin Code to analyse market data and detect opportunities to make a profit, investors could be at an advantage to make gains within split seconds of changes in the market.
The Verification Process
Bitcoin Code’s verification process can be completed within a few minutes so you can get your hands on the bot quickly. All that will be needed is a government-issued ID, such as a driver’s license or international passport. As for payment method verification, you might also be required to provide details of charges made to your bank account, credit, or debit card as proof of authorised access.
With the verification details submitted, most users can proceed within a few hours and be able to access the full functionality of their bot account. A major benefit of account verification to both the user and the broker is to protect the integrity of users and everyone on the platforms.
The Withdrawal Process for Bitcoin Code
Bitcoin Code has an easy withdrawal process. Having set your withdrawal frequency, you should expect the funds to reflect in your chosen withdrawal method within 24 hours.
You are free to withdraw your profits daily, although some investors prefer to do so once in three days.
Costs and Fees
Making a withdrawal or deposit attracts no fees with Bitcoin Code. You can keep 100% of your trading profits and the platform is funded by fees generated from the operational trading processes.
Several user reviews show that Bitcoin Code works as advertised. Each new user is given a walk-through by a broker representative who will explain how the bot works and the processes involved in its operations. Most users can gain first-hand insight on Bitcoin Code at this stage. You should expect a phone call as soon as you click on the new account confirmation link.
When we tried out the bot, we received a phone call from an assigned representative who was able to let us know how platforms such as these work and was courteous to answer the questions we asked. Users are also able to forward their concerns or requests to customer service from the account dashboard and receive timely responses to queries.
Bitcoin Code is available in several countries all around the world. There are affiliated brokers for every country to provide a platform for you to access the bot. Bitcoin Code uses a customer service algorithm that matches you with a broker that is available in your location, just as you sign up for the bot.
No matter where the new accounts are opened, the quality of service is maintained on the network of affiliated brokers. You should always check to make sure that the broker to whom you are referred is regulated and reputable.
Is Bitcoin Code a Scam?
The challenge that some investors have is that several crypto trading bots designed to be scams are easy to come across. These scams have the appearance of regulated bots like Bitcoin Code but are unregulated and lack credibility.
We subjected Bitcoin Code to tests for its use and outcomes of registration to deposits and withdrawal processes. We have surmised that the bot is likely to be genuine based on positive online reviews and as described in user success stories posted online.
From its much-regarded success rate to the application of cryptography to safeguard the data of its users, the bot appears to have shown its credibility and rather outstanding user experience. In light of overwhelming positive evidence and reviews from many users in different parts of the world, we feel encouraged about this platform. It is advisable, however, to check out the platform yourself, and not to place complete trust in the testimonials of previous users.
Trading always carries risks due to market conditions, so there is no guarantee that every trader using Bitcoin Code will be profitable.
5 Reasons to Use Bitcoin Code for Trading
1. Intuitive User Interface
The account dashboard is user-friendly and well laid-out on the trading platform. The design of the user dashboard makes it possible for an experienced user or a newcomer to navigate the bot and be at ease.
While some investment platforms are not user-friendly and can turn customers away with a non-technical background, Bitcoin Code excels in this area. With an excellent user experience on offer, many investors have claimed to be at ease here.
2. Boasts Market-Leading Win-Rate
Many new investors want to know about the win-rate of bots before they commit their funds. Users claim online that Bitcoin Code has an amazing success rate that trumps most of its competitors.
3. Faster than Manual Trading
To trade cryptocurrency is not as simple as playing the lottery or betting on horse races. Even when trading Bitcoin Cash or Bitcoin, there could be up to 2,000 changes in price before a trading day comes to an end. There are over 5,000 tradable digital tokens and more than 1,000 marketplaces offering a chance for arbitrage earnings, quick sales and day trading for low hanging fruits.
However, it’s impossible to trade optimally when market data changes by the second and never closes. Unlike traditional stock exchanges, crypto markets are open every day, all-year-round. Therefore, automated trading software is a preferred option, as it can trade when you sleep.
4. Smart Analytics
To-the-minute changes in market data requires a smart analytics functionality for an investor to have optimal returns. Using a well-developed algorithm, access to market data to the split-second is ensured, allowing the software to access and interpret the data for the best profitable decisions. So, while an individual will find it difficult to wade through 1,000 pages in several hours, a bot can do so within a few seconds accurately.
5. Remove Human Error
Human error is an ever-present danger that many people cannot avoid when faced with investment decisions in volatile markets. However, when faced with figures, computations and the line of best fit, human error takes on a greater reality. With software, not only is fast computation usually assured, decisions to be taken can be expected with a greater degree of accuracy than a human can achieve.
Trading software is often configured to automate trading 24/7, which means that while you are tired and sleeping, it keeps working.
Advantages and Disadvantages of Bitcoin Code
Bitcoin Code: Our Conclusion
The best cryptocurrencies investment opportunities are covered every day around the world by the news and data-gathering platforms. From the benchmarks we have access to as well as the tried and tested metrics we have reviewed, Bitcoin Code appears to be a legitimate trading software. That said, we advise to test the demo account on the platform yourself rather than blindly trusting user testimonials and online reviews.
Customer usability, ease of navigation and reported reliability are some clear areas that Bitcoin Code seems to excel.
To be able to optimise the bot, it is better that you improve your knowledge of crypto markets and risk management. The crypto market is highly volatile and the more you understand its workings, the better you are positioned.
Frequently asked questions
There is no specific profit level that you should expect from Bitcoin Code. Returns depend on the market conditions when you open and close trades. Learn all you can to make insightful choices.
User testimonials posted online state that Bitcoin Code is a legitimate software.
Yes. You must deposit a minimum of $250 to use the platform. How much you trade thereafter depends on you, as no fixed amount is specified per trade.
No. At present, deposits are only allowed using VISA, Mastercard, wire transfers and bank deposits.
This depends on your level of experience, trading capital and the market conditions. Properly managing your risk settings and making use of the demo account is advisable if you are new to trading.