We are aware of numerous websites which use false celebrity endorsements to send customers to unregulated brokers or call centers. Our website will only send customers to partners who have provided us with the required regulatory assurances.

Bitcoin Profit Review

Bitcoin Profit is an automatic trading system which promises profits to its users. Bitcoin, the first digital currency has taken the world by storm with many people becoming first-time millionaires during the spike in Bitcoin prices in 2017. Since then many have taken trading in cryptocurrencies seriously, with some even making it a full-time day job.

Making money through trading in these digital assets requires technical and analytical skills that very few possess. Additionally, it takes time to learn the practical details that lead to successful trading. As a result, trading robots have become invaluable trading assistants .

Unfortunately, there are more fake bots than legitimate ones. Our goal is to research different trading robots to find out if they are legit. In this review, we share our findings of the famous robot, Bitcoin Profit.

Many reviews claim that Bitcoin Profit is a legitimate robot, and it seems traders also agree. Our research makes the same conclusion, but we’ve still broken down Bitcoin Profit and analysed its capabilities.

What is Bitcoin Profit?

BTC Profit is free and automated cryptocurrency trading software that helps beginners, as well as professional traders to maximise their profit gains. It achieves this by first linking the trader to trading exchanges and then uses specific market indicators to determine the future performance of a given cryptocurrency. According to the official website, it is ahead of the market by 0.01 seconds. That is, if the price is to change at 14:00:00hrs, the robot will indicate it at 13:59:99hrs.

Whos behind

Who is Behind Bitcoin Profit?

Not much is available on the background of the robot. It claims to be the brainchild of a person named John Mayer, but no information is available about him. The terms and conditions on the site also indicate that the software operates under the laws of Estonia.

The little information about the team behind the robot is not a sufficient reason to flag it as a fraud. Several legitimate robots do not provide details of the team behind them. It might be a trend amongst the whiz kids behind these sophisticated platforms, or they do it for safety reasons. There is a lot of attention in the auto-trading industry due to the many copycat scams out there. For this reason, many owner/operators try to remain anonymous to protect any unwarranted issues.

Start Trading in 3 easy steps

1
Registration

Registering is easy, you’ll need to fill out your name, email address, phone number and then set a password.

2
Deposit

Once into your account, hit the deposit button to get started. You will need to deposit the minimum amount, which is $250.

3
Auto-Trading

Once you have funded your account, you will need to decide the trade settings you intend to use.

Pros & Cons

Pros

Free of charge: You can use the program for free. It charges no commission or transaction fees. Since the robot receives payment for every user, it links to a broker; it does not need to charge the user directly.
Reputable app: BTC Profit app has received several accolades from traders as one of the best cryptocurrency trading apps.
Zero experience: The robot uses a sophisticated algorithm to conduct trading on behalf of the trader. You do not need the experience to trade successfully unless you choose the manual option.
Demo account: It has a demo account where traders can try the operation of the robot before putting in their money.

Cons

Fake websites: The main setback the robot suffers is the number of fake sites that dupe traders. Most traders who have declared BTC Profit as a scam refer to these fraudulent websites and their affiliate links often. While this review states only one, there are chances that there might be more
No Broker freedom: The user never gets a chance to choose the broker of their choice as the robot does this automatically.

Is Bitcoin Profit Legit?

The official website is simple and straightforward. It provides some performance expectations, claiming 99.4% accuracy. It also offers insight into crucial features of the robot, and an option to use the demo account before starting. 

Unfortunately, there are many copycat scams out there of this robot, so be careful and make sure to use the official robot link on this page.

Our Bitcoin Profit Experience

Bitcoin Profit Key Features

  • Automated trading: The robot automatically takes over trading activities for the trader. It uses an advanced algorithm to select trade options, as well as open and close trades.. Additionally, you can still control your loss limits, trade assets, and the amount of money the robot spends on a trade.
  • Mobile app: BTC Profit already has an easy to use web-based platform. It is also one of the leading crypto trading robots with an app. Download it from the main website to avoid the numerous clones.
  • Real-time alerts: The robot monitors the changes of various indicators in the market, identifies trends, and predicts profitable opportunities using its sophisticated algorithm. It then notifies the trader through SMS or email notifications are real time.  You can turn off the alerts.

How Does Bitcoin Profit Compare with Other Robots?

Bitcoin Profit is free and delivers with nearly the same accuracy as subscription-based robots. It provides you with a certain level of control; which is a standard feature in all legitimate trading robots. Its limitation, besides the numerous clones, is not allowing the trader to choose a broker of their choice, but as a beginner, this is usually something that won’t impact your trading results.

1
Min. Deposit
$200
Exclusive promotion
Our score
10
Highly Rated Trading Software
Low Deposit with Reportedly Potential High Returns
Advanced Class A Trading Algorithm
Start trading
Payment Methods:
Skrill, Debit Card, Credit Card, Sofort, Visa, Mastercard
Full Regulations:
CySEC, IFSC
We are aware of numerous websites which use false celebrity endorsements to send customers to unregulated brokers or call centers. Our website will only send customers to partners who have provided us with the required regulatory assurances.

Conclusion

It has been reported by many online that Bitcoin Profit is a legitimate cryptocurrency trading robot. Its reputation has made it a target for scammers who have created several clones to dupe traders. It does, however, still require polishing on its website to remove the sales pitches that worked well in 2017 when the cryptocurrency market reached all-time high prices. They include 99.4% accuracy, $1,300 profit daily, and the other high yield investment sort of adverts that really were from the huge boom in cryptocurrency back in 2017.

The promises may have been attainable between January and November 2017, when the price of Bitcoin rose by over 2000%, and other cryptocurrencies even hit 7000%.

However, the market soon took a nosedive and has since remained on the bottom baseline. As a result, such claims make this reputable robot sound like a scam to anyone without a background on the market conditions when the site was set up.

Cryptocurrency trading is becoming more sophisticated as many factors come into play and the market matures. The best practice is to opt for a trading robot that has grown with the industry, probably as old as Bitcoin itself. Try Bitcoin Profit today on your browser or download the mobile app to give it a try for yourself.

 

[faq cat=bitcoin-profit title="Frequently Asked Questions"]

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Disclaimer: All testimonial photos are stock imagery and do not represent the people behind the feedback.
All information provided in this review has mostly been obtained through internet posts and alleged user testimonials, and may not be a true representation of the product in question