At times novice traders have a very hard time learning how to trade cryptos. And even after learning the basics, it is still hard to identify trading opportunities. And to make the matter more complicated, a trader is most likely to delay even after identifying a trading signal, which will, of course, cost him/her some profits.
To try and solve all those trading problems, developers are in constant development of crypto trading bots/robots, like the Bitcoin Formula, which completely automate the trading process and reduce the trading burden for the trader.
Trading robots do not require any time to learn how to trade. Once programmed, they start trading immediately. The only thing that you could probably do is to test whether it works according to your expectations.
Again, robots are not affected by emotions and once a trading signal is generated, the robot acts very fast to place the trade.
Is Bitcoin Formula legit? Or is it a scam?
Before choosing to use any crypto bot, you have to do a thorough background check to find out whether it is a genuine application or just a scam on the internet. There are very many scammers out there ready to rob you off your hard earned money and if you are not careful, you may end up losing all your investments.
Bitcoin formula is a proven crypto trading robot. It is a genuine legit bot and traders have made money by using it. And in case you still have doubts, you could open their demo account and test it first.
However, Bitcoin Formula does not allow traders from all countries around the globe. There are countries that you cannot register from.
How does the Bitcoin Formula work?
The Bitcoin formula uses a cutting-edge algorithm that takes over the entire trading process including all decision making.
It pulls data from the crypto charts and computes it within fractions of a second to identify any trading opportunity. In case a trading signal is generated, the robot is very quick to place an order.
One thing that is quite unique with this trading robot is that its trades normally run for a very short period of time. The orders are normally closed within seconds. It is a kind of a scalping robot for cryptocurrency trading.
How to start using the Bitcoin Formula
To access the services of Bitcoin Formula, you will be required to register with the application’s platform first. The registration process is very simple and takes only about 5 minutes to complete.
STEP 1: Filling in your personal details
When you visit the official Bitcoin Formula website, you will see a dialog bot on your right-hand side
After entering your email address and pressing ‘get started now’, you will be directed to another dialog box where you are supposed to fill in your phone number and set your password. If you press ‘get access now’, you will be directed to your new account dashboard. However, if you are from a country where they don’t operate in, you will not be able to go past this stage.
STEP 2: Test in the demo
Once you get access to your account, it is advisable to first test the robot before falling heads over shoulders for it. Only after testing it should you go ahead and deposit money with it.
Once you are satisfied that Bitcoin Function is fit for you, you can go ahead and deposit funds not less than 250 €.
The most commonly used mode of payment is credit cards.