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With each passing day, it seems that cryptocurrencies are here to stay for the long run. This couldn't be truer than during the Covid-19 pandemic, where due to the spread of the disease, people have opted for virtual money over its physical counterpart. Cryptocurrencies are designed to offer people freedom over their finances and, as such, have opened a way for individuals to create wealth.
One easy way to do this is through crypto trading. It's a daunting activity, but auto traders like Bitcoin Evolution claim to make this process much easier. Below, we will try to find out how efficient this robot is, and examine its legitimacy more closely.
Table of Contents
What is Bitcoin Evolution?
Online testimonials state that Bitcoin Evolution is a cryptocurrency trading robot that is well designed using sophisticated algorithms that help it collect, analyse, and predict the likely direction prices will move before the market reacts. This is possible through smart analytics, where the bot would scan the internet to find any breaking news, announcements, or other developments which could impact the market. It would analyse this information using artificial intelligence to try to predict likely outcomes before executing trades on behalf of the user.
Who’s Behind Bitcoin Evolution?
Alex Milner is reportedly the brains behind Bitcoin Evolution. It is said that he is an accomplished software developer with a track record for developing trading software. Before joining the cryptocurrency space, he was involved in building trading software for the traditional financial markets to trade stocks, indices, CFDs, and more. As a tech guy, he was very impressed with Bitcoin and watched keenly as the crypto market took shape.
The birth of crypto exchanges and crypto trading inspired him to jump ship and design products that served the cryptocurrency market. In a past interview, he mentioned trying to develop a coin that would be used to make real-time payments around the globe, but scalability proved a problem given that the project was based on the PoW consensus. He decided to go back to what he knew best, developing a trading system. He sought to create an automated crypto trading platform that would help users make money by spending a few minutes setting parameters and then letting the software trade for them.
How to Use Bitcoin Evolution
1. Getting Started
Getting started with Bitcoin Evolution is easy. You will have to visit the Bitcoin Evolution website and fill in the form that asks for your name, email address, and phone number. Then click on "Register." Ensure that you use your official name since you will have to verify the account.
2. Make a Deposit
Once signed in, you will be taken to a page where you will have to make a deposit. The minimum deposit on the platform is $250, and you will see several methods allowed, which can help you fund your account, including credit/debit card, Skrill, and more. Enter the amount and details required, then click on "Deposit". The funds should reflect in your account almost immediately.
3. Start Trading
The next step is trading, but you will have to verify your account by providing some documents before going on a live trading session. If you are a beginner, you will have to practice trading using the demo account, and once you gain enough confidence, you can start live trading.
Key Features of Bitcoin Evolution
Reported as one of the leading crypto trading bots, Bitcoin Evolution is said to offer several fantastic features. Below, we will go over five such features that users claim help the robot stand out from the rest.
According to user testimonials, Bitcoin Evolution offers fast and steady payouts. These payments are made immediately when a trading position closes. People who have cared to leave reviews on the internet about the robot also claim this is one reason why the platform has gained so much popularity within a short period of time.
Verifying your account on Bitcoin Evolution is a straightforward process that takes one to a few hours. Once you sign up, you will be taken to a page where you can deposit funds, and then you have to verify the account before you are allowed to trade. The process involves submitting a picture of your government issued ID or a passport and an official document that indicates your place of residence. Make sure the name you use when registering the account matches with what is on the ID.
The Withdrawal Process for Bitcoin Evolution
Once your trades are settled, any earnings made should be immediately reflected in your account. The withdrawal process should be easy since you have already linked your bank account. Also, there are other modes of payment supported, and withdrawals can be made using them too. All requests are reportedly processed within 24 hours, and the money is deposited in your respective accounts.
Costs and Fees
Bitcoin Evolution prides itself on being a 100% free trading robot. It doesn't charge any fees when depositing or withdrawing. The only costs one can incur may come from the service provider you are using to deposit on the platform. Bitcoin Evolution makes its money by taking commissions on spreads, i.e., bid and ask.
We loved the customer service offered to us on this platform. Once we signed up, we received a call by one of the assistants who walked us through the platform. Also, there is a chatbox on the dashboard where one can interact with the help desk anytime they have an issue. The customer support team can also be reached by writing to them via email, and they should get back to you within 24 hours.
To help traders access different markets, Bitcoin Evolution is in business with several brokers who operate in various locations worldwide. You should check to ensure that these brokers are regulated by relative authorities depending on where they operate, so for those based in the US, it's the SEC, in the UK, it’s the FCA, and in Japan, it’s the FSA. We investigated the broker who we were linked to and found they were fully regulated.
Is Bitcoin Evolution a Scam?
A scam project is easy to identify if you pay attention. First of all, it's likely to be hosted on a not so secure website, one that lacks a padlock icon on the site link. Fortunately, popular browsers like Google Chrome, Brave, Mozilla Firefox, Safari, and other reputable browsers will warn you before accessing such a website with a message that reads, "Your network is not secure." Based on this measure, Bitcoin Evolution checks out. Another thing to pay attention to is how the website is set out. Is it fast? Does customer support respond quickly? Does the platform abide by any regulations? What do people who have used the platform before have to say? These are just a few red flags you can check out for yourself. Based on the above criteria, we felt reassured regarding Bitcoin Evolution. The payouts are reported to be instant, and the withdrawal process is easy. Customer support is always on hand to help out. The website is secure, and the platform associates with some very reputable brokers.
5 Reasons to Use Bitcoin Evolution for Trading
1. Intuitive User Interface
Once you sign up, you will be taken to the dashboard, where you will find an excellent GUI. The interface is simple and easy to use for users of all skill levels. All the dashboard features are arranged neatly, making it easier to set strategy, buy and sell, withdraw, and communicate with customer support.
2. Boasts Market-Leading Win Rate
Bitcoin Revolution boasts a higher success rate than most auto traders available in the crypto market today. Past users' testimonies show the robot has almost a perfect score on trades placed, making it an absolute necessity for anyone who needs to automate their trades.
3. Faster than Manual Trading
Manual trading involves a lot of work doing technical analysis and also having to scan the market to see news or announcements that are likely to influence a particular market. But with an auto-trader, this process is fast since the software does the analysis, and it can decipher vast amounts of data and make decisions within a fraction of a second.
4. Smart Analytics
Bitcoin Evolution is reported to use smart technology, including AI, to collect crypto market data that is likely to impact coin prices. It could be project announcements like the launch of an airdrop or an upcoming fork. It also claims to take into account news like new regulations or decisions that are likely to impact the market. All information is reportedly collected through smart algorithms that employ machine learning to predict the likely market trends and movements. The auto trader can then execute trades using this information, thereby offering the user an advantage.
5. Remove Human Error
Robots aim to increase the chance of success on trades by eliminating errors that human traders are prone to. Most of these errors are due to emotions that can blur our decision-making abilities, especially when faced with hard logical decisions.
Advantages and Disadvantages of Bitcoin Evolution
Bitcoin Evolution: Our Conclusion
Right now, there is a lot of buzz around this auto trader within the cryptocurrency market. As a reputable media platform, our work involves discovering the best products within the markets and offering our audience an honest opinion about the project. We signed on Bitcoin Evolution seeking to understand if it was as good as we heard. The signup process was easy, and we were linked to a broker where we had to deposit, verify our accounts, and begin trading. This went smoothly, and within an hour, our account was verified, and we were ready to trade.
We received a call from customer support who gave us a few pointers on how to use the platform, including using the demo account, which provides the user with $100,000 virtual money to practice setting parameters.
The withdrawal process is reported by users to be very easy, having funds reflected in their accounts within 24 hours.
Finally, we sought to check what people who had used the platform in the past had to say in general about the software and found some very positive feedback.
Trading CFDs on cryptocurrency carries a certain amount of risk and should not be done without first researching the markets and ensuring that you are familiar with the trading software by making use of the demo accounts and any other online resources available.
Frequently Asked Questions
Our investigation found testimonials on various internet platforms professing Bitcoin Evolution’s legitimacy.
Reportedly, an average user needs an hour of setting up Bitcoin Evolution per day. We feel that the time could have been arrived at based on the experiences of pro users.
Bitcoin Evolution’s website claims that the amount users can using the software is unlimited. Nonetheless, we feel that the declaration is impractical given the volatile nature of cryptocurrencies.
Using Bitcoin Evolution is more successful when you when you equip yourself with the right information. Learn everything you can about cryptocurrencies, and from diverse sources. Also, learn to exercise patience and ensure you learn how to use the software first no matter how long it takes before staking capital.
In our case, the affiliated broker was regulated but our research shows this is not always the case. To be on the safe side, verify if the affiliated broker is legitimate before depositing money.
No. The world is still wrapping its mind around crypto and the prices of the coins are highly volatile. Usually, such scenarios present opportunities for profit but without guarantee of success.
Yes. We have compiled a list of similar pieces of software in our robot hub for you if you care to visit.
No. Some online sources alleged that Bitcoin Evolution enjoys the support of some popular celebrity but we could not find any information to corroborate the claims.