Bitcoin News Trader Review
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.
What is Bitcoin News Trader?
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.
Our Recommended Robot to Try Out
Whilst we would recommend you staying away from the above robot, there are robots that are trustworthy. Below is a step by step of Bitcoin profit, a robot that we have tried and tested and found that it is not a scam. Signing up to this robot is simple, it consists of 3 steps; signing up, depositing and the start trading! The instructions below will give you more information, you can click the link below to get started.
Step 1: Registration
Registering is easy, you’ll need to fill out your name, email address, phone number and then set a password. Signing up is completely free, click the link below to get started. Once signed up, you’ll receive a confirmation email and will need to verify your account.
Step 2: Deposit
Once into your account, hit the deposit button to get started. You will need to deposit the minimum amount, which is $250, and we’d recommend not going over this on day 1. Start small and grow. Bitcoin Profit offers several payment methods, with card payments being the most popular.
Step 3: Auto-trading
Once you have funded your account, you will need to decide the trade settings you intend to use. This includes managing your risk by determining your stop loss and take profit limits. You can also decide which cryptocurrencies you want to trade and how many you want to trade at once.
Is Bitcoin News Trader legit? Or is it a scam?
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. Nevertheless, you should not get worried, 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.
How does Bitcoin Trader News work?
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.
Want a Bitcoin News Trader Account? Get an alternative instead!
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.