The cryptocurrency business has rapidly gained popularity among financial investors and it is offering more opportunities than people could ever think of. One of the main catch among cryptocurrency investors/traders nowadays is the use of automated trading software also commonly know as crypto robots or crypto bot.
There quite a many crypto bot service providers that have come up and Bitcoin System is one of them. But before making any investment with a crypto robot platform, there should be thorough research about the platform to avoid falling into the hands of scammers.
Is Bitcoin System legit? Or is it just a scam?
It is always the dream of every cryptocurrency trader to find a genuine automated trading platform. And the process of identifying one is not that easy. You will have to go through the rigorous process of researching and analyzing the platform and even going through the reviews of fellow traders to find out whether a platform is surely legitimate or it is just a scam.
After trying to check and analyze the services offered by Bitcoin System, we were disappointed since we could not even find the official website of the robot. Therefore, this trading bot could have been a scam. Nobody really knows whether they had a website which they closed making money from the traders who had made deposits or they have never had a website, to begin with.
How does Bitcoin System work?
Bitcoin System was intended to help crypto traders to trade by automatically trading for them through its platform.
But since there is very scanty information about their official website, we recommend that traders open an alternative auto trade account with Bitcoin Trader, which is a proved crypto bot platform. Below is a step by step guide on how to open an account with Bitcoin Trader, fund the account and even start auto trading:
STEP 1: Registration
If you visit the official Bitcoin Trader website, you shall notice a dialog box on your right-hand side where you are supposed to fill in your names, email address, phone number and also set your password. Then press ‘SIGNUP’ button to get an account.
However, there are countries from which Bitcoin Trader do not allow traders. If you are from one of those countries, once you click the signup button, you will see a notification at the bottom saying your country is not supported and you cannot go past this step.
STEP 2: Deposit funds
Once you get an account, you will have to activate the account by depositing a minimum of 250 €. There are a number of payment methods that you can use but credit cards are the most commonly used methods.
Your account dashboard will look like the one below through the balance there will reflect what you deposit.
STEP 3: Activate auto trading
After depositing funds into your account, the next thing that you should do is to activate the auto trading mode so as to give Bitcoin Trader bot the authority to place and close trades.