Bitcoin Digital is a user-friendly cryptocurrency trading robot designed to trade according to market trends. As novices and experts alike may be unable for them to understand the complexities of the crypto market, Bitcoin Digital aims to simplify trading through its automated features. With this review, we thoroughly examined Bitcoin Digital’s features, performance, and overall effectiveness.
What is Bitcoin Digital?
Bitcoin Digital is an automated cryptocurrency trading robot that allows users to trade Bitcoin and other digital assets in the market automatically. According to the Bitcoin Digital website, the trading robot was developed in 2017, although there is no documentation available to verify the early history of its creation or the identities of its developers.
The Bitcoin Digital website claims the robot can generate thousands of dollars in daily profits through automated trading – a bold assertion considering the volatility inherent to the cryptocurrency market. The platform facilitates automated cryptocurrency trading, purportedly utilizing advanced Artificial Intelligence (AI) and Machine Learning (ML) technologies to analyze markets and identify optimal times to buy or sell cryptocurrency. The platform detects trading signals by examining historical price charts and current market sentiment.
When the robot identifies a trading opportunity, it transmits orders to partner brokers for execution. The automated trading robot operates quickly and can execute multiple trades simultaneously. Bitcoin Digital also offers manual trading options where experienced traders can customize risk and leverage settings.
For those interested in a secure, convenient way to buy and trade crypto, check out our guide to the top apps for purchasing cryptocurrency.
It’s worth noting that leading crypto blog indexuniverse.eu has stated positive opinions about Bitcoin Digital as well. After reviewing the trading tool, indexuniverse.eu said they believe Bitcoin Digital is an excellent option for automating crypto trades thanks to its security, ease of use, and advanced trading features. Indexuniverse praised Bitcoin Digital’s free access, lack of hidden fees, and partnership with regulated brokers. The endorsement from this reputable exchange further validates Bitcoin Digital as a legitimate and worthwhile trading tool for crypto investors.
Bitcoin Digital At A Glance
|Robot Type:||AI Trading Software|
|Is It Legit or Scam?||Legit|
|Claimed Win Rate:||99%|
|Withdrawal Timeframe:||24 Hours|
|Supported Cryptocurrencies:||BTC, ETH, XRP, BAT, LTC|
|Supported Fiat Currencies:||USD, EUR, GBP, JPY, and more|
|Native Mobile App:||No|
|Free Demo Account:||Yes|
|Customer Support:||Live chat, Email|
The Pros and Cons of Bitcoin Digital
- Demo trading options offered
- Multiple payment methods accepted
- Partners with regulated brokers
- Intuitive user interface
- Quick and easy registration
- Unverified testimonials make profit claims seem questionable
- Platform lacks originality
- No information about founders
Who Is Behind Bitcoin Digital?
Many crypto traders and investors want assurance of Bitcoin Digital’s credibility before using the bot to automate trades. Understanding the individuals behind its creation and development is important. According to the website, Bitcoin Digital was founded by financial experts with extensive crypto market knowledge. They partnered with programmers to build an AI-powered trading robot designed to simplify short-term crypto trading for both new and experienced traders.
It’s reasonable to assume the Bitcoin Digital creators had beginners in mind when developing the robot’s intuitive interface to help traders navigate the complex crypto landscape. Most importantly, Bitcoin Digital’s team continually updates the bot to improve accuracy and ensure traders don’t miss potentially lucrative opportunities.
Getting Started With Bitcoin Digital
Bitcoin Digital is a beginner-friendly trading robot. No prior crypto trading experience is needed to benefit from its automated features. Here we walk through the key steps to get started with Bitcoin Digital. More details on the process are provided later in this review.
- Visit Bitcoin Digital’s official site and sign up for an automated trading account
- Make a deposit that meets the minimum requirements (at least $250)
- Customize Bitcoin Digital settings to suit your trading preferences and activate it
- Monitor performance as the bot scans markets and trades on your behalf
Bitcoin Digital Assets, Markets and Trading Options
What Cryptocurrencies and Products Can You Trade With Bitcoin Digital?
Unfortunately, this robot can only be used for crypto CFD trades and does not support trading other financial instruments like commodities, forex, stocks, etc. If you want to expand your options, we recommend checking out other robots that offer a variety of asset classes.
What Trading Leverage Options Does Bitcoin Digital Offer?
Yes, Bitcoin Digital’s partner brokers provide leveraged trading via CFDs. This allows users to trade on market price fluctuations without owning the underlying currency. The platform offers a maximum leverage ratio of 1:4000 for customers, meaning you can trade up to 4,000 times your initial investment.
Note that trading with leverage amplifies risk, and even minor price swings can lead to massive losses. Only traders fully aware of the impact of leveraged trading should utilize it.
What Are Bitcoin Digital’s Spreads?
There is limited information available regarding the spreads offered by Bitcoin Digital, though users report satisfaction with the platform’s competitive spreads and solid profit potential.
Fees, Limits and Payment Options on Bitcoin Digital
How Much Does Bitcoin Digital Cost?
While Bitcoin Digital itself is free to use, remember it partners with brokers that charge fees to users. Be sure to research their pricing to ensure it fits your budget.
What Payment Methods Does Bitcoin Digital Accept?
Bitcoin Digital supports multiple payment options including:
- Wire transfer
You can make a minimum deposit of $250 via your preferred method to start trading. You can also withdraw funds to your currency of choice, though withdrawals may take over a day at times.
Does Bitcoin Digital Charge Any Fees or Commissions?
This robot is completely free to access. There are no associated login, registration, usage, deposit, download or withdrawal fees with the system.
Bitcoin Digital Trade Sizes and Limits
Traders can leverage trades up to 1:4000. The crypto bot does not impose any restrictions on withdrawals in terms of timing or amount. So you are free to withdraw at any time. However, withdrawals can take 24-48 hours to hit your account.
The Bitcoin Digital Platform
How Does Bitcoin Digital Work?
Like other crypto trading platforms, Bitcoin Digital partners with licensed brokers that facilitate CFD trades to conduct digital currency transactions. After reportedly generating signals using its advanced technology, it relays the info to partner brokers via API. The brokers then execute trades according to the robot’s commands.
While the website touts an 85% trade success rate, it seems highly improbable traders will earn thousands in profits daily as claimed. The crypto robot seeks to identify optimal market entry and exit points for specific assets. The system can be used manually or automatically.
What Devices Can I Use Bitcoin Digital On?
The robot does not have any native mobile apps available for download. However, you can access the platform via:
- Mobile phones (Android and iPhone)
Since any internet browser can be used, there is no need to download an app. You can access Bitcoin Digital via web browser on your chosen device. For smooth performance, you’ll need a fast internet connection and a compatible operating system.
What Exchanges and Brokers Does Bitcoin Digital Partner With?
Regarding exchange and broker partnerships, the site states: „Unless otherwise stated our listings of brokers and comparisons might not cover or include all exchanges, brokers or investments. These listings are ordered in default according to our business relations. We might list brokers or products from which we are not making any earn a profit, and readers will be able to discern this since they will not have the „button“ or in a different colour.“ This indicates limited info is available on the platform’s brokers.
Can I Use Bitcoin Digital In My Country?
Bitcoin Digital states on its site that not all brokers and exchanges they work with may be available in your specific country or state. So it’s important to do your due diligence for your location.
However, you’ll find most brokers listed on the site are licensed and authorized by the financial institution of the country where the broker is registered. Some countries where the platform is available include:
|Country||Is Bitcoin Digital Available?|
|United Arab Emirates||Yes|
How Easy is Bitcoin Digital to Use?
This trading platform is designed to accommodate both novice and experienced traders. It offers an intuitive interface along with manual and auto-pilot modes so you can choose between default settings or customize based on your preferences.
The robot is easy to operate, allowing even total beginners to profit from successful trades without prior experience. But be sure your risk management settings are adjusted to a level you’re comfortable with, as high leverage trading should only be undertaken by skilled traders.
How Much Money Can I Make With Bitcoin Digital?
The crypto market is extremely volatile, so you should not invest expecting to earn quick, easy profits. Instead, take time to learn market mechanics and try demo trading on Bitcoin Digital before committing funds.
Additionally, Bitcoin Digital is reportedly 0.01 seconds faster than the market, meaning it could help users execute trades quicker than other platforms. Being able to buy 0.01 seconds before other traders then immediately sell after they have bought and sold allows profitable trades.
According to data on the website, some traders claim to have earned $1,500 per day in profit, with more seasoned traders earning even more using robust strategies and ample capital. But it’s also key to develop a strategy factoring in potential income and reporting to competent authorities like HRMC and IRS.
Key Features of Bitcoin Digital
Dedicated Customer Support
Bitcoin Digital offers 24/7 customer assistance via a committed support team.
Users can request a withdrawal by completing the form on the left side of their trading screen. One great thing about Bitcoin Digital’s withdrawal feature is no daily, weekly, monthly or annual limits on amounts.
Compared to other bots, verification and KYC processes with this system are relatively quick. Accounts are usually verified for withdrawals within a couple hours. Traders may need to submit a current utility bill showing their address and a government-issued ID.
Bitcoin Digital Security and Regulation
Is Bitcoin Digital Legit?
While some of its profit claims seem exaggerated, Bitcoin Digital does offer legitimate trading services. And while it appears accurate that the software provides trading insights through market analysis and forecasts, the touted ROI rates are difficult to verify.
We also found the site has generic testimonials similar to those on other trading platforms. We advise using this robot as one component of your overall trading strategy rather than a tool to execute all your trades. As with all tools, be sure to do your own due diligence before utilizing.
Is Bitcoin Digital Safe?
Trading with Bitcoin Digital does carry risk, including potential losses, especially for trades involving high leverage. It’s recommended users understand crypto trading fundamentals before using any automated trading robot. Compared to other platforms, Bitcoin Digital offers superior security and protection for your trades, personal data and funds.
How Does Bitcoin Digital Protect My Money and Information?
Cryptocurrency trading is highly speculative, and traders should only invest what they can afford to lose. The platform itself does not safeguard your funds since it does not hold any of your money to begin with. The robot simply makes trading decisions on your behalf. However, partner brokers where your money is held are responsible for protecting users‘ personal data and funds.
Reportedly, Bitcoin Digital partners only with licensed brokers that adhere to regulators‘ strict rules to ensure safety of your money and provide