Any crypto trader would love to have software that can automate the trading experience for him or her. It is a nice experience earning money, no matter how small the profits can be, without applying any effort.
With the right crypto bot/robot, the trading experience can be great fun. The bot analyses the crypto markets for you, identifies the correct entry points and generates trading signals and also goes ahead to place the respective trades. If the generated signals was a sell signal, the bot places a sell trade and vice versa. Also, the bots have a mechanism for closing the opened trades. Therefore, the work of a trader is just sitting withdrawing the profits may be at the end of the day, week, month or year.
However, it is worth noting that not all crypto software or platforms found on the internet are crypto bots. Some are just mere exchange platforms. Those who are experienced must have come across names like Bitcoin Code, Cryptosoft, crypto Capital and the like. The main challenge is normally distinguishing which is an exchange and which is a crypto bot.
Also, even when they are crypto bots, you should be careful to avoid scams. Nowadays, there are too many scammers out there waiting to prey of novice traders.
Is Crypto Capital a legit bot? Or is it a scam?
When looking for a crypto bot, it is always very important to get a genuine platform. There are many scam platforms/websites on the internet and if you are not very careful, you may end up in their hands.
That is why you should do a lot of background checks to find out what a platform offers before jumping in to cash with them.
Crypto Capital is not a crypto bot and we could therefore not verify if it a legit or not. We would recommend looking for a crypto bot platform instead.
How does Crypto Capital work?
Though Crypto Capital isn’t a crypto bot, it could be worth knowing how it operates.
To access the services of the Crypto Capital platform, you will have to sign up with them first. Then you will have to complete the KYC/AML verification and then proceed to deposit your money. The deposits are made in the form of fiat currencies.
Then with fiat money in your Crypto Capital account, you can purchase cryptocurrencies from a variety of crypto exchange platforms that Crypto Capital has partnered with. You can also move currencies between exchanges.
Therefore, if you require a crypto bot, we would advise that you look for an alternative platform that offers proven cryptocurrency trading robot services.
Want a crypto Capital account? Try an alternative!
After reviewing the Crypto Capital platform, we identified that it is not a crypto bot. Therefore, we would recommend looking for an alternative account if you want a crypto bot trading account. We would recommend opening an account with CryptoSoft, which is a verified automated cryptocurrency trading platform.
Below is a step by step guide on how to register for an account with them and get started:
STEP 1: Registration
On their official website, you will see a dialog box on the right-hand side where you should enter your name and your email address.
After clicking ‘Get started NOW’, you directed to the next step where you are supposed to fill in your phone number.
After entering your phone number, just hit the ‘Start making $2,200+ a day’ button and wait to be redirected to their trading platform. However, if they do not accept traders from your region, you will not be able to move past this step.
Another thing worth noting is that CryptoSoft has a set number of Traders that can register with them per day and once that limit is exceeded, you will have to wait till next day to register.
STEP 2: open a demo account
If you are allowed access, you should first open a demo account so as to familiarize yourself with the robot and see how it operates so as to make a decision on whether to trust it with your funds or not.
STEP 3: Deposit funds
Once you are satisfied that CryptoSoft is a genuine crypto trading robot, you should go ahead and deposit funds into your real trading account. The only allowed payment methods for deposits and withdrawals are credit cards and bank wire transfers.
The minimum allowed deposit is 250 €.
STEP 4: Activate automated trading
After making the deposit, you should click on the ‘AUTO TRADE’ button at the top to allow the robot to take over trading and make profits for you.