If you are a cryptocurrency trader, you have probably come across the Bitcoin trader bot. but, you should be very careful with such software since there is another platform with the same name but a different logo. In such a case, it is difficult to know which is genuine and which is a scam. Though both of them could still be scams.
As a crypto trader, you should be very careful when it comes to choosing a trading bot especially with the numerous bot service providers in the market today.
Bitcoin News Trader claims to be a crypto/bitcoin automated trading platform that trades cryptocurrencies without the help of a human being. The trader is supposed to make a deposit, activate auto trading and then rest back and leave the robot to do the trading.
Here, we pride ourselves on having a world-class research team, but in spite of our best efforts, we were unable to gain any information on the creators of this platform whatsoever!
This gave us an uneasy feeling. We have tested many products in the past who are only too willing to proudly place their name to the software they have made. Extreme caution is advised before using this platform.
It is disappointing to note that it is difficult to investigate the Bitcoin News Trader especially due to the fact that there are two robots with the same name. In our expert opinion, you would do better looking elsewhere and there are a variety of alternatives with which you can open accounts.
It is very serious business when it comes to choosing a genuine crypto bot. There are very many bot service providers around the internet and Bitcoin News Trader is just one of them and you should do all that it takes to determine if the crypto bot that you want to use is not a scam but a genuine software/platform for automated trading.
According to the developers, the Bitcoin Trader News platform automates the collection and analysis of cryptocurrency news.
After analyzing the market news, the robot is expected to place orders and also close the trades depending on the signals generated.
It would be wonderful to have a platform that can analyze crypto news and trade the news. However, it is disappointing since it is quite hard to determine if this robot is a scam or not given the scanty information available about it. That is why we propose signing up with Cryptosoft bot, which is a proved automated crypto trading platform.
Given the fact that we cannot confidently say whether Bitcoin News Trader is a scam or not, we would advise choosing an alternative instead. The best alternative to signing up with is Cryptosoft automated trading platform.
Below is the step by step guide on how to register, deposit and automatically trade on the Cryptosoft platform:
It is always fulfilling to get a genuine crypto trading bot amidst the many scams on the internet that almost make it impossible to get something legit. And after reviewing the Bitcoin News Trader platform, and being unable to rate it as a legit automated platform, we propose choosing Cryptosoft instead.