A Comprehensive Review of Bitcoin Revolution – Is it Legit?
A Comprehensive Review of Bitcoin Revolution – Is it Legit?
Trading cryptocurrencies with robots is now a more common practice as lots of people have made money from automated trading. However, the industry seems to have been plagued with the increased incidence of fraudulent platforms and this has brought about a need to review the robots.
Bitcoin Revolution claims to be one of the best Bitcoin robots of 2021. The automated software boasts a win rate of almost 95% and more than $1,500 in daily profits. Our Bitcoin Revolution review reveals to you the legitimacy of these claims. We will appraise the robot’s performance, legitimacy, security, markets, and other key areas.
What is Bitcoin Revolution?
Bitcoin Revolution is a leading cryptocurrency trading bot established in 2018 by a group of brokers. The software analyzes the market and executes automatic trades through its associated brokers. The website claims that it has a win rate of 95% and that traders have generated huge profits by trading on this platform.
Bitcoin Revolution facilitates automated trading using Artificial Intelligence (AI) and other computer algorithms to scan markets. It then finds trading signals by analyzing data patterns, historic charts, and other market parameters. Once it spots a trading opening, it sends signals to its brokers to carry out a trade order. This process can be done for multiple trades.
The signup process for Bitcoin Revolution is simple. You only need to fill out the required information and register your account. You can begin trading with a $250 minimum deposit. A demo account trade option allows you to get used to the system before proceeding to live trade, which could be done in an automated fashion or manually.
Pros and cons of using Bitcoin Revolution
Both manual and automated modes are available
Simple to use
No hidden charges
Supports multiple cryptocurrencies
Bitcoin Revolution’s founder is unknown
The platform claims only 1% of the registered users are given the opportunity to trade with the robot, meaning it is not open for all users
Payment and withdrawal options are long and usually restricted to certain modes
What assets and products can you trade using Bitcoin Revolution?
Bitcoin Revolution only trades cryptocurrency assets. Apart from Bitcoin (BTC), other coins you could trade with the automated trading service include:
Bitcoin Cash (BCH)
What leverage trading options are there?
Bitcoin Revolution partners with brokers to provide leveraged trading using contract for difference (CFD) trades. We expect the system to provide up to the average 1000:1 leverage as seen with most other crypto robots.
Leveraged trading carries huge risks and tiny price changes could lead to massive profits or losses. Only those who understand the full implications of leveraged trading should do it.
What are the spreads?
The website does not state the spreads associated with Bitcoin Revolution.
Fees, limits, and payment options on Bitcoin Revolution
How much does Bitcoin Revolution cost?
Bitcoin Revolution is 100% free to use, so you do not need to pay any subscription fee. Also, the platform does not charge any fees on deposits. However, to start live trading, you need to deposit a minimum of $250 in your account. This money will be available to you for trading.
What are the payment methods accepted by Bitcoin Revolution?
You can fund your Bitcoin Revolution account through the following:
Does Bitcoin Revolution also charge fees and commissions?
Bitcoin Revolution does not charge any fees or commissions on transactions. Yet, due to its partnership with brokers and exchanges, you might be charged a little commission on your trading activities.
Bitcoin Revolution trade sizes and limits
According to the official website of Bitcoin Revolution, traders make an average of €1,300 each day. However, we do not expect most traders to hit these figures, if that claim is even true. Apart from the minimum $250, there are no trade limits on Bitcoin Revolution. The platform supports traders with different budgets. There is no limit to withdrawals although it might take up to 24 hours for the money to enter your account.
Bitcoin Revolution’s platform
How does Bitcoin Revolution work?
The cryptocurrency trading robot from Bitcoin Revolution uses artificial intelligence to recognize patterns and trends in live Bitcoin, Ethereum, and other cryptocurrency trading data. It then connects with a partner broker to execute trades automatically based on the information it has received through market analysis.
The crypto robot sends signals to the partnered broker via an API, and the crypto robot automatically starts and cancels positions on the broker’s web platform in order to make money for its users.
What devices can I use Bitcoin Revolution on?
The Bitcoin Revolution robot does not have any native mobile app, but you can use the software on the website from your devices such as:
Smartphones (Android and iPhone)
Desktops and laptops
You can use the software from practically any web browser. You only need a strong internet connection on your device.
What exchanges and brokers does Bitcoin Revolution partner with?
Bitcoin Revolution relies on internet brokers to function, so when you switch to systematized mode, your money goes through a broker before being invested in crypto assets. Bitcoin Revolution has some of the best and most renowned brokers in the market. The full list is not publicly available, but most likely includes brokers like FXTB, Investous, and EuropeFX.
Can I use Bitcoin Revolution in my country?
Bitcoin Revolution is accessible to users in most countries. You can make profits on your investment from virtually anywhere in the world, as long as Bitcoin Revolution is legal in your jurisdiction. Some countries where you can use the robot include the United Kingdom, Australia, Canada, United States, and several European and many Asian countries.
Is Bitcoin Revolution available in my language?
The Bitcoin Revolution website has a wide language coverage including common languages like English, Portuguese, Italian, Spanish, and French. Traders can translate the website to their preferred language without any hassle.
How easy is it to use Bitcoin Revolution?
Bitcoin Revolution has a user-friendly interface that works on both computers and mobile devices. The software’s intuitive interface and control panel are easy to use. This control panel allows the trader to keep track of his or her trading actions and to configure various trading parameters.
Bitcoin Revolution is unique because of the following key features:
Backstaging is an extraordinary highlight of Bitcoin Revolution that allows you to set your trading principles and strategies based on historical and current performances of the crypto market trends. This empowers traders to polish up and modify their trading parameters in the best possible way for more profits.
Other crypto robots impose fees at different points when using their services but this is not so with Bitcoin Revolution. There are no registration, deposit, withdrawal, or trade order fees when using the website – the platform effectively eliminates all commissions, fees, and hidden expenses. However, as mentioned, the brokers may charge a fee per trade made.
Bitcoin Revolution has a user-friendly interface, which makes it great to use for anyone. You can make deposits, withdrawals, and place trade orders without stress.
According to our Bitcoin Revolution review, this robot is both legitimate and not a scam. We have chosen to ignore the marketing gimmicks involving celebrity endorsements and outrageous profits. Still, for most aspects, Bitcoin Revolution appears to be authentic and legit. More so, it has a secure payment and withdrawal option, which further cements its legitimacy claims.
Is Bitcoin Revolution safe?
According to their website, Bitcoin Revolution maintains the highest level of security by using cutting-edge SSL encryption to protect your personal and financial data and make sure they are not stolen or leaked. Although, these claims have not been proven by documentation of any kid.
Are me and my money protected?
Trading crypto comes with huge risks and an interplay of several factors. Bitcoin Revolution was built on an intelligent algorithm to help you make smart trading decisions. The robot does not store your money for you. It is only involved in the decision making of trades. All trades are conducted through reputable brokers and exchanges, which means your data is protected. If you are a beginner, do not risk more than 10% of your capital in a single trade.
Is Bitcoin Revolution regulated?
Bitcoin Revolution works with only regulated brokers through an API that connects them in real-time. We recommend that you find out if there are local restrictions or regulations to cryptocurrency trading as this could affect the use of the robot in your location. Do this before making any deposits.
Do I have to verify my account with Bitcoin Revolution?
Yes, you have to verify your account details with Bitcoin Revolution before you can withdraw any profits. It has a verification system that complies with KYC and AML regulations for extra security. The documents required for your KYC include details such as your full name, email address, phone number, address, and date of birth. Verification is via SMS and email.
There are educational resources available on Bitcoin Revolution’s vast network of brokers. Therefore, you can analyze trades freely and make informed judgments with the resources available.
Tools and charting
Bitcoin Revolution has financial and trading tools integrated into its system. They allow traders to understand the ongoing activities better as the charts show historical prices for the instruments and make it easier for users to trade. This is beneficial to both new and experienced traders on the site.
Bitcoin Revolution claims to have 24/7 customer service for traders. You can get in touch via their live chat option, and email.
How to get started with Bitcoin Revolution
You should not encounter any problems when signing up with Bitcoin Revolution. By following the simple steps below, you can start trading right away:
Signup: To become a member of the online trading platform, you need to create an account on the website. You will be required to fill in certain information such as your names, contact number, email address, and country of residence in the form provided. Once your account has been created, you will be assigned to the partner brokers.
Demo Account: In our opinion, it is always best to test Bitcoin Revolution’s software on a demo mode before entering live trade. The demo account enables you to understand the dynamics of the platform before putting in real money. You can play around with different trading strategies to find what suits you.
Deposit Funds: The Bitcoin Revolution website is free to use. However, traders need to make a minimum deposit of $250 to start live trading. Once deposited, you will find the amount of money in your portfolio. Bitcoin Revolution accepts multiple payment options, including credit cards, Visa and MasterCard, payment providers, and cryptocurrency wallets.
Start Live Trading: You can trade multiple cryptocurrency pairs with real money on the website. Here, you instruct the robot on how to carry out the trades based on your plan.
Traders at any skill level can use Bitcoin Revolution to trade bitcoins using an automated robot. While the platform’s robot operates smoothly and legitimately, customers should be sceptical of Bitcoin Revolution’s outrageous marketing claims. It is doubtable that the platform is about to attain a transaction success rate close to 95%. While the marketing claims make it seem so, the robot is not a get-rich-quick scheme. Users should exercise caution when using the robot.
However, you can program the trading robot to execute trades according to your strategy. This means that skilled traders can use the robot to place trades 24 hours a day, seven days a week, without needing to be in front of their computers. Remember that trading cryptocurrency is highly risky and trading robots do not eliminate this risk. Thus, it should always be done with caution. Only invest what you can afford to lose.