How does Bitcoin Up work?
Bitcoin Up relies on advanced AI technologies to read and glean insights from bitcoin (BTC) related news. The robot bets on BTC against a number of crypto and fiat currencies. With this robot, users can trade over 15 BTC pairs. Some of these pairs include BTCETH, BTCXRP, BTCBCH, and BTCLTC. The fiat pairs include BTCUSD, BTCGBP, and BTCEUR.
Simply put, trading these pairs involves speculating on how the price of bitcoin will fair against cryptos such as Ethereum, Ripple, Litecoin, and Bitcoin Cash. The fiat pairs include bitcoin against the USD, GBP, and EUR.
Bitcoin Up has a supposed win rate of above 90%. This means that it can make winning bets most of the times. Furthermore, the bot relies on several brokers to provide trading leverage of up to 1:5000. With such a level of leverage, traders can take trading positions that are worth up to 5000 times their capital.
It is through this level of leverage that a small account of $250 can generate the alleged daily profit of up to $3k. High leverage is undoubtedly the gamechanger for robots such as Bitcoin Up, but it can also lead to devastating losses.
Bitcoin Up applies risk management features such as Stop Loss, Take Profit, and Negative Balance Protection to shield users from huge losses. Even so, a significant level of risk remains, and hence you should only invest what you are willing to lose.
Getting started with Bitcoin Up
Bitcoin Up only requires little human input to operate. The robot comes with trading manual to help you navigate through the account setup and trading process.
As mentioned earlier, trading with this robot doesn’t require any form of expertise. This robot is reportedly a good fit for all, including those looking for a passive way to make money online. You do not have to disrupt your daily schedule to trade with this trading app.
Simply follow the setup instructions and open a trading session by clicking the live button. Bitcoin Up seems to perform best when left to trade unmonitored for at least 8 hours daily.
Signing up with Bitcoin Up only takes a few minutes. Visit their website here and click the register now button.
Bitcoin Up handles users’ data with the utmost privacy. As mentioned earlier, this robot applies the military-grade encryption. This ensures that intruders can’t copy data. Moreover, the bot complies with the GDPR data privacy law and hence can’t share your data without permission.
Bitcoin Up collaborates with several robot brokers and hence shares data with them. You will be notified of these brokers during registration and asked to verify that you agree to share data with them.
You will need to submit extra details and verify identity with the underlying broker. Financial regulators all over the world require deposit-taking institutions to observe Know Your Customer (KYC) measures, including identity and proof of address verification.
The aim is to flag fraudulent financial transactions and thwart money laundering. You should appreciate this process since it is a guarantee that the broker handling your deposit values transparency.
It takes a few hours for the process to complete, but you can proceed to deposit and trading as you wait.
Deposit and demo trading
Fund your Bitcoin Up account with at least 250 USD to access the Bitcoin Up trading platforms. All deposits happen through the partner broker and are free.
Moreover, you can fund your account through any debit or credit card or Wire Transfer. Some of Bitcoin Up brokers also accept Skrill, Neteller, WebMoney, and bitcoin. Also, it takes less than a minute for deposits to reflect in your trading account.
The robot provides a free demo for practice before going live. You will find live trading easy if you take your time to practice through the demo. Also, make sure that you go through their educational centre to understand how the robot responds to different market conditions.
Bitcoin Up live account is easy to use, especially after demo trading. Unlike trading platforms such as the MT4, the web-trader is made with the complete beginner in mind.
This means that all features are explained in a language that is easy to understand for anyone with no prior crypto trading background. As mentioned earlier, this bot is 100% auto, and hence anyone who can read and follow instructions can use it.
It is worth mentioning that there are robots that are semi-auto. These are best suited for experienced traders looking for some level of control. Even so, fully auto robots such as Bitcoin Up are also popular with experts.
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Bitcoin Up Features
We studied the different features of Bitcoin Up; my team discovered that everything we needed to study the system was provided. We made sure that this review was comprehensive and accurate. Here are the Bitcoin Up features that many users will experience while they trade;
We visited the registration page on Bitcoin Up to start our experience with this automated cryptocurrency platform. The process of creating an account is fast and simple. We were happy with this discovery because it was an indication that all traders who use Bitcoin Up will not have any issues, and it is ideal for beginners.
Deposit and Withdrawal feature
There is a dedicated web page for deposits and withdrawals. The deposit feature is used to transfer money into the Bitcoin Up account. This money will be used by the trading robot to buy and sell cryptocurrencies. We found out that the deposit range on Bitcoin Up is $250 – $15,000. We think this is a fair range, and the minimum deposit required is low and affordable.
The withdrawal feature can be used to transfer the profit we have earned from Bitcoin Up into a bank account. We can confirm that Bitcoin Up has one of the fastest withdrawal times, and there are no issues with the system.
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Daily trading feature
We found a demo and live trading feature. My team tested both features; however, there was really no need to use the demo trading feature because the crypto robot on Bitcoin Up does all the trading work.
The demo trading feature allows users to trade with the system for free. However, it is only a demo, and it does not require real money.
The live trading feature is the ideal tool used to make money from the crypto market daily. We tested the live trading feature and discovered that it is consistent, stable, and reliable. We earned a profit after trading with Bitcoin Up for the first time.
Customer Support Feature
We also found a customer support feature for all users. Our checks revealed that Bitcoin Up works in over 120 countries, all across the world. In all these countries, users can contact the customer support centre for quick assistance because the support system works 24/7.
We were able to easily sign in to use our account through mobile browsers and desktop browsers. This is a good thing because users can check and monitor their trading activities conveniently.
Is Bitcoin Up worth it?
Yes, we advise everyone to create an account and start earning money with Bitcoin Up. The trading platform is excellent for all types of cryptocurrencies. It is fast and secure.
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Since April 2020, Bitcoin and other cryptocurrencies have returned to the limelight in full force, despite the decline in bitcoin price along with the crashing of traditional markets in the month prior.
As governments and central banks move to saturate the market with freshly-minted currency to combat the coronavirus pandemic, bitcoin investors are readying for a boom.
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This chiefly has to do with a repeal on India’s two-year Bitcoin ban in March, allowing trading to explode.
The benefits of which were pushed higher by a country-wide economic decline and a mandatory coronavirus lockdown.
Trading volume rocketed by 800% in the two days following the lift on the country’s ban. This has sparked renewed interest on a global scale.
Benefits of Bitcoin UP
Bitcoin Up can take some of the mystery out of Bitcoin trading, especially for beginners or those who don’t quite know where to start. By using intelligent AI that scans and reads bitcoin news, you’re always ahead of the markets and trading in the most resourceful way. Let’s break down the overall benefits we found during our Bitcoin Up review below:
- Set up is easy and free with provided resources such as an account manager and step-by-step guide to trading on the platform.
- Intelligent AI does the hard work for you, scanning bitcoin news for insights on markets and valuable trades.
- Only a $250 deposit is required to get started with live trading.
- All brokers are regulated and vetted to provide the utmost protection against losses or defaults.
- The robot is always 0.001% ahead of the markets thus able to boast a 99% or higher win rate.
- You’ll never be in the dark as to when a Bitcoin boom is about to occur, especially during a volatile market.
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Is Bitcoin Up Legit?
After delving into positive reviews on TrustPilot and other cryptocurrency trading platforms, our Bitcoin Up review process found that the service appears to be legit.
Though the technology has only existed for under a year, the robot has already gained a loyal following of 50,000 users. That number continues to surge as bitcoin currency regains some traction in the markets due to Coronavirus.
Nearly all users report feeling satisfied with the profitability of the Bitcoin Up robot and the overall ease of use.
Still unsure of BitcoinUp? Here are a few reasons why we find the technology to be legit.
- Unlike similar platforms, Bitcoin Up is powered by authentic artificial intelligence technology that operates on a renowned subset of the field known as machine learning. Machine learning seeks to identify and garner insights from all bitcoin related news it encounters.
- Nearly all of the robot partner brokers are heavily monitored by the UK FCA and Australia’s ASIC. Reputable and highly regulated robot brokers are the norm with Bitcoin Up.
- Anyone can utilize the Bitcoin Up platform to their benefit, including those new to the world of bitcoin. Most users of the platform are complete beginners with little to no experience in crypto trading. This means that the platform is straightforward and easy to use.
- With the addition of blockchain technology there is a truly transparent trading environment being used with Bitcoin Up. Users can easily figure out why a robot has made a decision and what the outcomes of that decision may be.
Is Bitcoin Up legit? Cryptovibes findings
Bitcoin Up seems legit, and it may be a good idea to give it a try. You need at least 250 USD to trade with this robot. The bot is license-free, but this may not be the case for long. We suggest that you grab the opportunity by registering with this robot now.
- Bitcoin Up has a nearly perfect score on TrustPilot and ForexPeaceArmy. This means that most users find it worthwhile
- Cryptovibes has tested Bitcoin Up trading platforms and confirmed that they rely on the said artificial intelligence technologies
- Bitcoin Up relies on highly reputable and adequately regulated robot brokers. The majority of these brokers fall under the regulatory mandate of the UK Financial Conduct Authority (FCA).
- Cryptovibes can confirm that Bitcoin Up trading platform and website is highly secured. Their website has standard level encryption, and they are adherent to data safety measures such as the GDPR.
- Bitcoin Up can allegedly turn a deposit of 250 USD to more than 1000 USD in less than 24 hours of trading. At least 90% of reviewers on TrustPilot support this claim.
Like any other margin trading robot, Bitcoin Up is not risk-free. It is therefore crucial that you only trade with what you can afford to lose.
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