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An Honest Bitcode AI Review in 2022

Last updated 15th Nov 2022
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Bitcode AI is a robot that lets users trade various cryptocurrencies such as Bitcoin, Litecoin, Ethereum, and more. The robot is designed with the aim of helping people make profits on cryptocurrency trading with little investment. In this guide, we’ll be looking at Bitcode AI’s features, pros and cons, and a how-to to help you decide whether it's the right choice for you.

What is Bitcode AI?

Bitcode AI is a cryptocurrency trading robot for automated trades in the crypto space. The bot is reportedly powered by artificial intelligence and precisely tailored to manage positions on traders’ behalf. Simply put, it claims to use machine learning to identify opportunities with more profitability, thus removing the need for traders to fully participate in their trading activities. Plus, Bitcode AI reportedly uses algorithms and trading signals to trade CFD cryptos, including Bitcoin, Ethereum, Ripple, Litecoin, etc.

Keep in mind that Bitcode AI is user-friendly and was developed with newbies in mind. This means that you do not need previous experience in the cryptocurrency trading field to use the bot. However, knowledge is crucial, and you must learn how it works before taking the plunge. Also, the trading crypto trading robot is integrated with proprietary trading strategies to guarantee accuracy. All you need to get started is a minimum deposit of $250.

Although Bitcode AI is user-friendly, including it in your trading activities comes with risks. For instance, using it doesn't mean you should stop conducting research on potential cryptocurrency investments. They only make moves when they feel the time is right. That being said, do not lose control of your cryptocurrency activities because Bitcode AI does not guarantee profits.

Bitcode AI Overview

🤖 Robot Type:AI-powered software
🔑 Official Bitcode AI website?https://thebitcode.ai/
💸 Minimum Deposit:$250
✅ Is It a Scam or Legit?Legit
🚀 Claimed Win Rate:90%
💰 Trading Fees:Small commission on profits
💰 Account Fees:None
💰 Deposit/Withdrawal Fees:None
💰 Software cost:$0
⌛ Withdrawal Timeframe:24 hours
#️⃣ Number of Cryptocurrencies Supported:20
💲 Supported Fiats:USD, GBP, EUR
📊 Leverage:5000:1
📱 Native Mobile App:No
🖥️ Free Demo Account:Yes
🎧 Customer Support:Phone, Email, Live chat
✅ Verification required:KYC
🔁 Automated Trading:Yes
📈 CFD AvailableYes

Pros and Cons of Bitcode AI

Pros

User-friendly automated features and platform
No previous cryptocurrency trading experience is required to use Bitcode AI
Hosts over 20 cryptocurrencies, including Bitcoin, Ethereum, Litecoin, etc.
Free to download
No hidden costs as the bot is transparent

Cons

It doesn't have a mobile app
Not available in the US
The $250 minimum deposit might be costly for low-budget traders

Who is The Bitcode AI Owner?

According to other sources, Bitcode AI was created by professional trading software developers and experienced traders with over 10 years of experience in the financial market. They are said to be well-versed with how the cryptocurrency market operates and ensure they integrate it with regulated brokers to guarantee safe trading. Also, Bitcode AI owners claim to track the crypto market and update the trading robot based on the latest trends with the aim of ensuring it is at its best performance to maximize traders’ potential.

Getting Started With Bitcode AI

If you haven't used trading software like this before, don't worry. Getting started with Bitcode AI is easy if you understand the procedure involved.

Fortunately, we give you a brief overview of using the crypto trading robot since we will discuss more later in this guide.

  1. Visit Bitcode AI to create a trading account

  2. Deposit funds considering the bot’s requirements

  3. Activate the robot and trade

Bitcode AI Markets, Assets, and Options

What Assets and Products Can You Trade Using Bitcode AI?

As mentioned earlier, over 20 cryptocurrencies are listed on the Bitcode AI trading platform. You can trade cryptocurrencies as CFDs depending on your strategy. CFD trading means that you will not buy and take ownership of CFD assets. Instead, you will speculate on its price movements based on your analysis findings. As a result, you will either make profits or losses.

That being said, here are some of the cryptocurrencies to trade using the Bitcode AI robot.

  • Bitcoin (BTC)

  • Bitcoin Cash (BCH)

  • Ethereum (ETH)

  • Litecoin (LTE)

  • Ripple (XRP)

  • Tether (USDT)

Keep in mind that Bitcode AI trading software is only applicable in cryptocurrency trades. Therefore, if you diversify your portfolios with other assets like forex and stocks, you may want to consider other bots for the trades. Also, the bot supports fiat currencies like US Dollars, Pounds and Euros.

What Leverage Trading Options are There?

You can apply leverage of up to 5000:1 when using Bitcode AI trading software in your trading activities. This is more than the average range used by other cryptocurrency trading bots, thus maximizing potential profitability. The best element about leverage application with this trading robot is that you will eliminate human bias.

Leverage trading is also known as margin trading and is a risky CFD trading strategy. The fact that a broker will lend you money for your investment puts you at risk for losses. That is why it is crucial to be confident about your trading strategy before applying leverage. Note that brokers' leverage is far less than those included in Bitcode AI trading software. Therefore, based on your level of experience, it is advisable to opt for the one you can easily pay back in case of a loss.

If you want to know more about leveraged trading, take a look at our guides:

What are the Spreads?

Bitcode AI website doesn't expressly state the amount of spreads to pay when using the tool. However, since the crypto trading robot is integrated with various cryptocurrency brokers, you can confirm with your broker regarding spreads. In general, most brokers charge low spreads for cryptocurrency trading. Therefore, if you are budget-conscious, do not fret since there are plenty of options.

Fees, Limits, and Payment Options on Bitcode AI

How Much Does Bitcode AI cost?

Downloading Bitcode AI is free, and there is no registration fee. However, you must make a minimum deposit of $250 to access its live features. Note that no subscription fees are included in the Bitcode AI robot.

The good news is that you can test Bitcode AI using brokers’ demo accounts and decide whether they suit your cryptocurrency trading needs. You can also use the demo account to explore the assets offered and test its performance.

Additionally, the bot charges a small commission on the profits earned using it. All transactions are free but remember, there might be additional charges imposed by the brokers it is connected with. Therefore, while Bitcode AI is affordable, always confirm the fees on the brokers they are integrated with and ensure they suit your budget. Overall, Bitcode AI is beginner-friendly and offers deposit bonuses from time to time to improve your cryptocurrency trading experience.

💸 Minimum Deposit:$250
💰 Trading Fees:Small commission on profits
💰 Account Fees:Zero
💰 Deposit/Withdrawal Fees:Zero
💰 Software cost:zero
💰 Subscription cost:Zero

What are the payment methods accepted by Bitcode AI?

Before deciding whether Bitcode AI suits your trading needs, it is crucial to check the available payment methods and see if they are flexible. These are Bitcode AI’s accepted modes of payment for deposits and withdrawals.

  • Bank/wire transfers

  • Debit/credit cards

  • Mastercard, Maestro, and Visa

  • Bitcoin if you own

  • E-wallets like PayPal and Neteller

Some payment methods are faster in transactions than others. This means that depending on the transaction mode you choose, it can take a few days to complete a withdrawal.

Does Bitcode AI Also Charge Fees and Commissions?

Using Bitcode AI service is free, and you will not incur deposit and withdrawal fees. The trading platform is transparent, so there is no need to worry about hidden costs. However, there is a small commission to pay when you earn profits. Also, if you are using a broker, there are brokerage fees to incur. So, confirm all charges, fees, and commissions to ensure they fit into your budget.

Bitcode AI Trade Sizes and Limits

There are no maximum trade limits specified by Bitcode AI unless an affiliate broker has one. However, its minimum limit is a $250 deposit to access the live features, and the size of the trade will depend on the amount of capital you invest with.

Bitcode AI Trading Platform

How Does Bitcode AI Work?

Advertised as an AI-powered robot, Bitcode AI reportedly uses machine learning and trading signals to manage positions on your behalf. This includes predicting cryptocurrencies’ prices and executing trades with more profitability. To get started, you must download and set up the trading robot, which as mentioned earlier, is free of charge. Also, you will use it through regulated brokers. So ensure you find a broker meeting your crypto trading requirements.

Remember, Bitcode AI claims to have advanced algorithms that scan the market for profitable opportunities. It reportedly uses its incorporated trading strategies to identify opportunities, which from our tests and analysis, have higher success rates. Once this bot identifies trading opportunities, trades will be executed on your behalf. According to the information provided on its website, the bot is 0.01 seconds ahead of the market, guaranteeing the best entry points to users.

What Devices Can I Use Bitcode AI on?

Bitcode AI does not have a mobile app to download and install on mobile devices. However, it only operates on browser-powered devices, including;

  • Desktops and laptops

  • Android and iOS smartphones

  • Tablets

Although the trading robot can work seamlessly on the above devices, you need a fast and stable internet connection to enjoy your experience.

What Exchanges and Brokers Does Bitcode AI Partner With?

Bitcode AI robot partners with numerous institutions globally, and it is challenging to list them all here. However, based on your jurisdiction area, you can understand your regulation status and contact them. Remember, with many brokers and exchanges available, find those regulated in your region to guarantee your crypto trading funds’ safety.

Can I use Bitcode AI in my country?

Over 100 countries globally accept the Bitcode AI platform for trading activities. Keep in mind that countries such as the US and Hong Kong do not allow cryptocurrency trading. Therefore, confirm whether cryptocurrency trading is legal in your country to benefit from the Bitcode AI platform. Some of these crypto-friendly countries include:

CountryIs Bitcode AI available?
Can I Use Bitcode AI in the UKYes
Can I Use Bitcode AI in CanadaYes
Can I Use Bitcode AI in AustraliaYes
Can I Use Bitcode AI in USANo
Can I Use Bitcode AI in South AfricaYes
Can I Use Bitcode AI in New ZealandYes
Can I Use Bitcode AI in PhilippinesYes
Can I Use Bitcode AI in UAEYes
Can I Use Bitcode AI in SingaporeYes
Can I Use Bitcode AI in FranceYes
Can I Use Bitcode AI in SpainYes
Can I Use Bitcode AI in ItalyYes
Can I Use Bitcode AI in GermanyYes
Can I Use Bitcode AI in NigeriaYes
Can I Use Bitcode AI in MexicoYes

Is Bitcode AI Platform Available in My Language?

Bitcode AI platform is available in various languages, including;

  • English

  • Spanish

  • Germany

  • Dutch

  • Italian

You can select your preferred language on the bot’s platform to trade.

How easy is it to use Bitcode AI?

Bitcode AI's automated features and streamlined user interface makes it user-friendly. In fact, testimonials indicate that newbies or traders with zero experience have no challenges navigating the robot. The fact that it reportedly navigates the cryptocurrency market to identify trading opportunities simplifies your activities.

However, it is essential that you take control of your activities regardless since bots cannot be wholly relied on. Some analyses might be accurate, and others not accurate. That is why we encourage you to apply stop-loss and take-profit orders to manage risks in your cryptocurrency investments.

Furthermore, it is easy for you to understand how Bitcode AI works without spending your money. Through demo accounts, you get to explore its features and assets provided to see if it suits your trading style and requirements.

How Much Profit Can You Make Using Bitcode AI?

While many cryptocurrency new and experienced traders are making profits with Bitcode AI, others are losing money. This shows that you cannot entirely depend on the robot to manage your positions. Remaining in control is crucial so that you can pick up on trends that the robot doesn't identify and maximize your potential.

If you are a newbie, start by exploring Bitcode AI’s demo account to familiarize yourself with how it works for free. Once you are skillful enough and confident with your trading approach, increase your initial capital. Remember, losses may occur but take it as a learning process. In due time, you will be earning thousands of dollars worth of profits daily with the robots. Also, report your earnings to the IRS/ HMRC for tax deductions to avoid encounters with the law.

Key features

Although Bitcode AI features various elements that resemble other bots in the market, some set it apart from the rest. These include;

AI-Powered Strategies

This robot’s reported AI-powered trading strategies are said to be efficient when it comes to analyzing the financial markets in an attempt to maximize traders’ profitability.

Fast Trade Execution

Bitcode AI is fast and can execute all trades quickly. According to its website, it can enter and exit the market in less than 0.01 seconds.

Higher Leverage

As mentioned earlier, you can get up to 5000:1 leverage using Bitcode AI, which is way above most bot’s leverage of 1000:1. This gives you an opportunity to make substantial profits with the right approach and strategy since Bitcode AI executes trades based on market trends rather than emotions. However, you still have risks of losing money, so be careful.

Trade Multiple Coins

Bitcode AI hosts over 20 cryptocurrencies, allowing you to explore different assets for portfolio diversification. Examples of such coins are listed in the assets section above.

Security and Regulation

Is Bitcode AI Legit?

Based on our information so far, Bitcode AI doesn't seem to be a scam. Although we couldn't verify various details on its website, there are numerous online reviews and testimonials positively recommending the cryptocurrency trading robot.

Note that using trading robots, in general, is highly risky, and you can lose a lot of money. This is because the cryptocurrency market is highly volatile, and although Bitcode AI app is said to be fast in navigating the market, it sometimes misses out on trends that could benefit or harm your trades. In this regard, always conduct your own research and market analysis when using Bitcode AI app. It is crucial to stay on top of your activities to ensure everything turns out as planned.

Is Bitcode AI Legal?

Many countries allow the use of Bitcode AI, and this is evident from information on its website stating that thousands of traders have signed up for the bot’s trading account. Besides, the robot partners with cryptocurrency brokers overseen by top-tier authorities, including the Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), and more.

Is Bitcode AI safe?

There is no history of traders having their money stolen, meaning that Bitcode AI can be considered safe for trading. The bot also complies with the rules and regulations of ​​GDPR with the aim of securing all traders’ personal information or data against cyber crimes.

Am I and my money protected?

Bitcode AI doesn't store traders’ money but only assists in streamlining cryptocurrency trades. However, you will pay a small commission for your trades only once you make profits. Note that trading funds’ are stored on brokers’ platforms. With many scammers in the market today, finding a broker regulated by tier-one authorities is crucial to guarantee your funds’ safety.

Is Bitcode AI regulated?

Bitcode AI is not regulated but integrates with brokers overseen by world-renowned authorities. This makes it comply with all protocols the brokers adhere to.

Some of the authorities regulating Bitcode AI integrated brokers include the FCA, CySEC, ASIC, BaFin, etc.

Do I have to verify my account with Bitcode AI?

Yes. Bitcode AI has a standard procedure that enables all users to verify their cryptocurrency trading accounts before having them fully activated. This creates a safe trading platform, thus keeping away scammers. Note that the verification procedure complies with the KYC, and you will not be requested to provide sensitive or private information for your account.

How Does Bitcode AI Work? Trading Strategies and Algorithms

The crypto market is highly volatile, and automating your trades can improve your ability to identify opportunities that could potentially be profitable. Bitcode AI is one of the robots said to be efficient and reliable due to its ability to track the volatile crypto market by reportedly using cutting-edge algorithms and trading strategies.

The way Bitcode AI is said to work is by using sophisticated technologies like artificial intelligence to clean big data and identify ideal trading deals for you. Some of the top features that make Bitcode AI popular include;

  • Automated Trading Tools

  • Arbitrage Trading

  • News Trading

  • Price Trend Analysis

Extra Information About Bitcode AI

Educational Resources

Unfortunately, Bitcode AI does not feature educational resources. The good news is that you can learn about cryptocurrency trading through online brokers and exchanges. These platforms host information in articles, guides, recorded videos, webinars, seminars, etc. You can also learn from YouTube channels, blog posts and podcasts.

Tools and charting

The robot displays various tools and charting resources to simplify your live trading activities. Any trader, whether newbie or experienced, will definitely find something that complements their skill level.

Customer support

Bitcode AI has a dedicated customer support service that they say operates 24/7. There is also a small FAQ section on its trading platform where you can get quick answers if need be. Alternatively, traders can reach out to supported brokers’ support services for assistance.

Bitcode AI Customer SupportDetails
Bitcode AI support emailNot available
Bitcode AI support contact numberNot available
Bitcode AI live chat optionNot available
Bitcode AI other support options…Online Form

Demo Account

Bitcode AI has a demo account loaded with virtual funds to help you understand how it works without risking real money. It operates like its live trading account, but you won't access the live markets. We advise new cryptocurrency traders with no experience with trading robots to start on Bitcode AI’s demo account until they are confident enough to dive into the live markets.

How to Get Started with Bitcode AI

Now that you have a better understanding of the Bitcode AI robot and its benefits for your cryptocurrency activities, below is the sign-up process to kickstart your venture.

How to register with Bitcode AI?

Step 1: Account Registration

The first step toward using Bitcode AI is completing the registration form, which is available on its website. You will fill in your personal details, including your name, email, and phone number. A link will then be sent to your email for the verification process.

Bitcode AI sign up

Step 2: Complete the KYC Process

A broker representative will contact you to complete the KYC process, after which you will be required to make the minimum deposit of $250. Remember, there are many payment methods available, so transact with the one that will ease your experience.

Step 3: Start With a Demo Account

Whether you are a newbie or an expert trader looking for a reliable trading robot, it is essential to test Bitcode AI and see if it meets your trading requirements. Once you get familiar with the bot, you can proceed to the live trading account.

Step 4: Adjust Your Strategy

Before diving into the live market, ensure you have a solid strategy to increase your chances of succeeding. You can also include risk management controls like stop-loss orders in your strategy.

Step 5: Open a Position

Once you have everything figured out, including risk management controls, you can enable live trading and start your activity.

Bitcode AI crypto robot

How to Delete Bitcode AI Account?

Bitcode AI trading account can be deleted through its platform or the broker it is integrated with. When deleting via the bot’s platform you will access the settings command on its menu and follow the commands to delete your account. However, conducting the same procedure on a broker's platform will make you lose all your data on both platforms. Therefore, make sure you understand how you want to delete your Bitcode AI account before initiating the process.

How to Withdraw Money From Bitcode AI?

Withdrawing money from Bitcode AI is impossible since it doesn't own a digital wallet to store traders’ funds. Instead, you will withdraw your earnings through the broker it is integrated with. That being said, here are the step-by-step procedures for withdrawing your earnings through a broker connected to Bitcode AI.

  1. On the broker’s platform, sign in to your trading account using your username and password.

  2. Go to the broker’s digital wallet where your cryptos are stored then click withdraw funds

  3. Before initiating the withdrawal process, choose a preferred payment method based on the available options.

  4. Enter the amount of money you wish to withdraw.

  5. Confirm the details and initiate the process. Your funds will be credited to your preferred account within 24 hours.

Since cryptocurrencies are not considered legal tenders in most countries, some brokers will not allow payouts using the assets. For this reason, they support various fiat currencies that you can convert your cryptos into to successfully withdraw your funds.

Bitcode AI Celebrity Endorsements

Bitcode AI has proven to be among the best trading robots in the cryptocurrency space by offering cutting-edge services to traders. However, rumors are claiming that the bot’s popularity is also contributed by celebrity/company endorsements. We did our research on these claims and below is what we found out.

Is Ryan Reynolds Related to Bitcode AI?

No. Ryan Reynolds is a Canadian-American actor and producer. He has received multiple awards as one of the best actors and is featured on the Hollywood Walk of Fame. Unfortunately, Reynolds has never invested in cryptocurrencies nor has he endorsed Bitcode AI.

Is Jeremy Clarkson Related to Bitcode AI?

No. Jeremy Clarkson is an English broadcaster, game show host, and farmer. Clarkson is rumored to endorse Bitcode AI, but unfortunately, these rumors are untrue and misleading.

Is Elon Musk Related to Bitcode AI?

No. Elon Musk is a popular business magnate and investor. He is known as the CEO of SpaceX and Tesla, a leading manufacturer of electric vehicles. He also founded the Boring Company and invested in Bitcoin. However, there is no concrete information proving that Musk is related to Bitcode AI.

Is Bill Gates Related to Bitcode AI?

No. Bill Gates is an American business mogul, investor, software developer, author, and philanthropist. Gates is also known as the co-founder of Microsoft but he hasn't invested in the cryptocurrency market. This proves that Gates is not related to Bitcode AI.

Is Mel Gibson Related to Bitcode AI?

Mel Gibson is an American actor, film director, producer, and screenwriter. Unfortunately, we couldn't find information indicating that he is related to Bitcode AI or any other trading robot.

Is Gordon Ramsay Related to Bitcode AI?

Gordon Ramsay is a British chef and television personality. There are claims stating he endorsed Bitcode AI, which is untrue based on our findings.

Bitcode AI In the News

Discussions are going around regarding Bitcode AI being covered on media platforms. Here is what we found out regarding these rumors.

Is Shark Tank Related to Bitcode AI?

No. Shark Tank is a TV reality show that connects entrepreneurs to potential investors and partners. On the show, business personnel pitches their ideas to top investors, and only the best receive funding and partnership. With many episodes aired so far, we couldn't find one that featured Bitcode AI.

Is This Morning Related to Bitcode AI?

No. Rumors have it that Bitcode AI was featured on This Morning Show by multiple celebrities and hosts. However, we couldn’t verify the rumors and consider them false

Other Bitcode AI Reviews & User Testimonials

We couldn't complete our research on Bitcode AI system without analyzing user reviews and testimonials on Reddit and Trustpilot. Here are our findings to help you clear any doubts regarding the bot’s efficiency and credibility.

What Are The Top Bitcode AI Reviews on Forums and Reddit?

User testimonials on Reddit are plenty and we had to sample the top ones to give you an overview of other traders’ experiences. Most of the users say that the bot is user-friendly and newbies with no experience can use it. Also, it is safe since it operates under tier-one regulated brokers. It is also highly encrypted, thus protecting users’ data and emails.

What Are The Top Bitcode AI Reviews on Trustpilot?

We also visited the Trustpilot platform to gather reviews on user experiences on Bitcode AI. The top ones claim that Bitcode AI has an intuitive design platform to maximize traders’ experience. It is also said to have one of the most reliable support services that effectively guides you through any challenge. On top of that, users also say that Bitcode AI’s demo account works just like its live trading account and recommend it to newbies with zero experience.

Is There a Bitcode AI Alternative?

Yes. There are plenty of cryptocurrency robots that you can use in case Bitcode AI doesn't complement your trading needs. They include;

Crypto RobotMinimum DepositRead Our Review
Quantum AI$250Read our Quantum AI review
BitAlpha AI$250Read our BitAlpha AI Review
Bitcoin Motion$250Read our Bitcoin Motion review

Bitcode AI Legit or Scam?

Bitcode AI is one of the trading tools that promise to simplify traders’ activities. With the robot, you do not need to take full control of your activities since it does most of the work. This can be a risky move, and you can lose a lot of money, considering that it is not 100% accurate in picking up trends with profitability. In this regard, ensure you conduct thorough research on the markets and apply risk management controls in your investment. Consider getting started on its demo account before going all in. Also, use regulated brokers that guarantee your funds’ safety. With brokers, you also get access to many learning and research resources for skills and strategy development.

Find Out About More About Robots

FAQs

Do I need any crypto trading knowledge to get started with Bitcode AI?
Are there any risks of using Bitcode AI?
Does Elon Musk or any corporations (like Tesla) use Bitcode AI?
Bitcode AI celebrity and media endorsements, is it all true?
My Bitcode AI account is frozen, what can I do?
How much profit can I make with Bitcode AI?
Are there any hidden fees with Bitcode AI?
What to do if you're losing money with Bitcode AI?
How to stop receiving Bitcode AI spam emails?
Is Bitcode AI a scam and a pyramid scheme?
Can Bitcode AI be trusted?
What are crypto robots?
Keith Hodges

Keith Hodges

Keith is a finance SEO specialist, having worked previously as a journalist in the industry. He is currently the Head of SEO at BanklessTimes and is based in London. Keith has written and worked extensively in the personal finance and investment industries, with particular focus on international and digital currencies.