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Crises in the traditional financial industry are becoming more frequent and deadlier. That is why the rise of Bitcoin as an alternative investment vehicle is incredibly fast. The entire cryptocurrency industry could not have appeared at a better time. To make it even more interesting, software like Bitcoin Era are claiming to help crypto investors speed up profit-making through automation of trading activities.
But the young industry is facing a huge problem in terms of scams from entities posing as auto trading software. In this Bitcoin Era review, we will thoroughly evaluate the trading system in a bid to determine its authenticity.
What is Bitcoin Era?
The Bitcoin Era website describes the software as a product of superior technology and advanced programming techniques. Because of this, the website claims the trading software is capable of achieving 99.4% accuracy in its prediction of Bitcoin prices. Although it is optimized to trade a range of cryptocurrencies, Bitcoin makes up about 52% of Bitcoin Era’s target crypto markets. The software also has a mobile app to enable cross-platform utilization.
Who’s Behind Bitcoin Era?
Available information is unclear about the mind behind Bitcoin Era. However, our research found out that many reputable brokers service the software to bring the user the best cryptocurrency trading experience. A majority of the brokers allow users to access their trading accounts via the Bitcoin Era app, which is one of the things that sets this platform apart.
How to Use Bitcoin Era
1. Getting Started with Bitcoin Era
To register with Bitcoin Era, you first need to supply your full names and a working email address. You will then click the “NEXT” button that leads you to another box to enter an active and verifiable phone number. Again, click on the “NEXT” button to move onto the last step that entails specifying the password that will secure the account. Click “NEXT” for the last time and then wait for a call as well as an email message. During the call, a customer service agent will ask you a few questions including your desire to trade cryptocurrencies, as well as answer any questions you might have. After the details are verified, you will be redirected to the trading platform to complete the registration process.
2. Demo Account
Because Bitcoin Era is said to be specifically designed as automated trading software, a Bitcoin Era account alone will not suffice if you want to trade. That is why the trading robot works in partnership with various brokers around the globe to facilitate market access. Therefore, the trading platform to which you are redirected should belong to the most appropriate broker based on Bitcoin Era’s criteria. Bitcoin Era and the affiliated broker offer new users a chance to test the trading environment by way of opening a demo account. From this account, you will take positions in the market using dummy funds supplied to you by the trading platform. Besides familiarizing yourself with the software, this account should help you to learn the best techniques for setting risk management levels. This means learning how best you can use stop loss and take profit orders.
3. Deposit Funds
We advise that you only activate live trading after you familiarize yourself with the trading platform, as well as how you can deploy the trading software to automate the trading software. We learnt that Bitcoin Era accepts $250 as the minimum deposit but users can go up to $30,000 but this depends on the payment options you choose. Direct bank transfers allow deposits only up to $2,000. Also, we learnt that users can deposit funds in their accounts using a variety of channels including digital wallets such as PayPal as well as traditional payment providers.
4. Start Trading
Trading with Bitcoin Era can be automated or manual. For manual trades, ensure the trading robot is off by switching the “ACTIVATE” button to “OFF” mode. Similarly, ensure that the status of the software is “ON” to engage the automation. To trade for the first time, it is advisable to use the least leverage level available, as well as to take smaller positions. This is to avoid cases where you lose everything in the account if the market turns against your position.
Key Features of Bitcoin Era
Bitcoin Era is reported to stand out in a crop of new trading robots built on advanced technology. Here, we highlight some of the features we read about online.
For the last 24-hours before this writeup, the lowest earner reported on the Bitcoin Era website got $79 while the highest earned $769. This information, if authentic, would certainly highlight the prowess of the Bitcoin Era algorithm in terms of analysing and interpreting market-data. Several factors might, however, lead to lower performance. Some of these factors include the size of the deposit in your account, the size of the trade, and market gyrations – which are outside of your sphere of control.
The moment you click “NEXT” for the last time when registering for a Bitcoin Era account, a call will come in through the phone number you supplied. In the call, a Bitcoin Era customer service agent will ask you some questions relating to the details you provided. The aim is likely to verify the veracity of the details to make sure that you are a real person looking for genuine Bitcoin trading opportunities. Once you are handed over to the affiliated broker, you will provide more details such as banking information to facilitate the transfer of funds between your bank account and your Bitcoin Era account. Here too, the broker will take at least 24-hours to verify the information.
The Withdrawal Process for Bitcoin Era
Withdrawal from Bitcoin Era is reported to be quick and easy. Users can request to withdraw funds any time and however much they like, as long as the account has some funds. Bitcoin Era does not have a limit on the amount of money you can request to withdraw from your account.
However, you might want to first confirm with the payment provider you are using because some may not move a certain amount of money because of adherence to AML regulations. Once you have withdrawn from the Bitcoin Era account, the funds arrive without delay although some payment providers may need longer to fulfil the transaction.
Costs and Fees
Registration for a Bitcoin Era account is free. The only time you have to spend money is when you are funding your account. When withdrawing, you do not pay commissions or fees meaning 100% of the funds belong to you. Users of Bitcoin Era report that the software does not have hidden fees and no part of your funds will disappear magically during the withdrawal process. We would, however, always advise that you take time to carefully go through the terms and conditions.
As noted earlier in this review, a Bitcoin Era customer service agent will likely reach out immediately after you submit registration details. This is the phone number that you can use to communicate with the customer service in case of a problem on your end. In addition, the customer service team has an email address that is active 24/7. From our experience, messages sent to the email are answered in under four hours.
Various brokers from around the world service the Bitcoin Era software. The brokers are the link between the trader and the cryptocurrency market. Once your account is set up, the page automatically refreshes to a trading platform belonging to the affiliated broker.
If you are using the trading app, an algorithm will search the market for the most appropriate broker and the trading platform can be viewed from within the app. But for web users, the transfer to the affiliated brokers’ trading platforms is simply a matter of a redirect. The Bitcoin Era software appears as an integral part of the trading platform and can be activated simply by switching to “ON” or “OFF”.
Is Bitcoin Era a Scam?
A new era in investing is unfolding through Bitcoin trading but cases of swindles have also been rife. For this reason, potential high achievers have grown cold feet when thinking about entering the market and making use of software such as Bitcoin Era. That is why we dedicated long and painstaking hours to determining the legitimacy of the Bitcoin Era software.
We stumbled upon thousands of testimonials and reviews on the internet extolling the trading experience they had when using the trading robot. Also, users were not sparing in narrating the positive experience they had with the affiliated brokers. This background would seem to lend weight to Bitcoin Era being a reliable software that can produce legitimate earnings for its users.
5 Reasons to Use Bitcoin Era for Trading
According to online reports, the robot stands on a number of key issues that define a great trading system. We would like to highlight some of the most recurring features highlighted in numerous testimonials.
1. Intuitive User Interface
Most trading platforms are blunt with a sharp focus on charts and a few items showing some crucial details. Bitcoin Era has a layout that encourages your attention. You need just a few clicks to navigate the platform and the features are well aligned just for this purpose, and this makes the software very user friendly.
2. Boasts Market-Leading Win Rate
Bitcoin Era claims that the software’s algorithms are a product of advanced programming based on superior technology. This is why the website assures users that they should expect a 99.4% level of accuracy when using the software for live trading. Throughout the crypto-verse, getting a robot with such an incredible win rate is impossibly difficult.
3. Faster than Manual Trading
The essence of any trading robot is to automate certain aspects of crypto trading with the aim of increasing the speed of making trades. Bitcoin Era takes this functionality to the next level as its algorithms collect massive amounts of data that it interprets faster than the best human brain. Algorithms are programmed to cut through tons of data swiftly with the help of a high recalling capacity. The time that you might waste on punching at your keyboard during manual trades is saved by the software’s automatic operations.
4. Smart Analytics
Bitcoin Era algorithms are reported as not only fast also smart. Both the website and users claim they arrive at the best available decision based on the insights gleaned from market data. In cryptocurrency trading, the more data interpreted, the better the quality of the decision made. Bitcoin Era aims to best the human brain because of the capacity to gather and interpret gigabytes of data in a very short period of time.
5. Remove Human Error
The biggest downside to manual trading is the susceptibility to human emotions. Human emotions are always heightened especially when the volatility in the market is high. Because of this, you might end up making the wrong decision that will mess up your account. Contrariwise, Bitcoin Era is devoid of human emotions because it does not require any human intervention. The software is always objective and is reported to be led by the data collected.
Advantages and Disadvantages of Bitcoin Era
Bitcoin Era: Our Conclusion
Bitcoin Era promises generous payouts which we believe do not make mention of certain factors that would be necessary in order to achieve them, such as experience and market conditions. These boasts quite possibly describe the absolute maximum potential of the software. The verification system complies with KYC and AML regulation which is reassuring.
The security of the platform is reinforced with the partnership of reputable brokers. From our experience, Bitcoin Era has one of the most friendly and responsive customer services in the market. The website also clearly states that users retain 100% of their earnings made using the bot.
Investment trading certainly carries inherent risk, however, and we would advise familiarising yourself with the mechanisms of the software and the cryptocurrency market in general before putting your money on the line.
Frequently asked questions
According to online reports, yes. Our search for information led to us to many testimonials attesting to the fulfilling experience that users have had with the software.
New users interested in registering a Bitcoin Era account need just a computer and internet access and they do not have to pay anything because the software is free. To register, provide your authentic details and you have your account live in minutes.
Bitcoin Era has reportedly one of the fastest withdrawal processes in the market. Once you make a request, expect the funds in less than 24 hours. However, this might vary if your payment provider needs more time to ensure the transaction checks out under AML guidelines.
Bitcoin Era supports various cryptocurrencies including Bitcoin, Ethereum, Ripple, and more. However, 52% of the target market is reported to be focussed on Bitcoin.
Not necessarily, although it is always advisable to learn as much you can about the market you intend to invest in.