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An Honest Bitcoin Buyer Review in 2022

Last updated 7th Sep 2022
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Bitcoin Buyer is a trading robot that reportedly uses algorithms and artificial intelligence to buy and sell assets on your behalf. According to the website, this robot speculates on the crypto market, using trading signals to execute trades with a good chance of making a profit. Traders can buy and sell CFDs for all major cryptocurrencies, including Bitcoin, Ripple, Tether, and Ethereum. Today, we’ll look at Bitcoin Buyer’s advantages, disadvantages, key features, and more. Is this robot worth your time and money? Check out our full rundown for more information.

What Is Bitcoin Buyer?

Bitcoin Buyer is yet another trading bot that promises profits to inexperienced traders looking to buy and sell CFDs, offering automated functionality, so you don’t need too much knowledge about the trading industry. Traders can either set stop-loss limits and other parameters that match their trading strategy or leave the trades entirely up to Bitcoin Buyer. This robot is available in most countries, provided CFD trading is legal; you cannot use Bitcoin Buyer in Hong Kong or the USA.

Bitcoin Buyer may sound appealing, but there is no guarantee you’ll make any money. The platform promises easy profits, but you are more likely to lose your deposit and even in debt if you use the leveraged trading options. Remember: trading bots cannot predict which way the market will turn.

Bitcoin Buyer Overview

🤖 Robot Type:Bitcoin Robot
💸 Minimum Deposit:$250
✅ Is It a Scam or Legit?Legit
🚀 Claimed Win Rate:99.4%
💰 Trading Fees:2% commission on profits
💰 Account Fees:$0
💰 Deposit/Withdrawal Fees:$0
💰 Software cost:$0
⌛ Withdrawal Timeframe:4 - 6 days
💱 Supported Cryptocurrencies:BTC, ETH, USDT, LTE, XRP
💲 Supported Fiats:None
📊 Leverage:None
📱 Native Mobile App:No
🖥️ Free Demo Account:Yes
🎧 Customer Support:Contact form, Email, Phone
✅ Verification required:KYC
🔁 Automated Trading:Yes
📈 CFD AvailableYes

Pros And Cons Of Using Bitcoin Buyer

Pros

Sign up only takes a moment
Users do not need prior trading knowledge to use Bitcoin Buyer
Many CFD assets and brokers are available
Available in a wide selection of countries worldwide
Easy-to-use tools and features

Cons

Bitcoin Buyer cannot be accessed in countries where CFD trading is illegal
Customer support is unreliable
Trading bots are risky, especially if you don’t know what you are doing

Who is The Bitcoin Buyer Owner?

Bitcoin Buyer was created by a team of tech investors eho were early adopters of Bitcoin and say they ‘fell in love with the ethical implications of the coin’. Their primary goal for developing Bitcoin Buyer was to create a trading platform that would support what Bitcoin represented, but since then they have developed the platform to be a more mainstream, usable platofrm for the wider market. l. With their decades of experience and extensive skills, the software has been proven to be a one of the more successful crypto robots that has maintained in an ever changing market

Remember, the crypto market is dynamic, and this bot’s founders track it to stay abreast with developing trends and update the Bitcoin Buyer. In addition, this robot has undergone thorough testing (including extensive bug chasing), so user experience of the trading robot has also been considered. . Based on our experience, Bitcoin Buyer is intuitive and user-friendly for all traders. Also, it supports users with data-driven market analysis in real-time and is integrated with tier-one regulated brokers for maximum security.

Getting Started With Bitcoin Buyer

As mentioned earlier, you do not need to be an experienced cryptocurrency trader to use Bitcoin Buyer since the robot is user-friendly and customizable. Below is a brief overview of getting started with Bitcoin Buyer. We will provide further guidance on this process later.

  1. Go to Bitcoin Buyer’s official website and register for an account

  2. Deposit at least $250 per the bot’s requirements

  3. Customize Bitcoin Buyer and trade

Bitcoin Buyer Markets, Assets, And Options

What cryptocurrencies and products can you trade using Bitcoin Buyer?

Besides crypto assets, you cannot use Bitcoin Buyer to trade other financial instrument classes such as forex, stocks, indices, etc. Therefore, we do not recommend Bitcoin Buyer to crypto traders with diversified asset portfolios.

What Leverage Trading Options Are There?

Bitcoin Buyer does not provide any leveraged trading information on the homepage. That being said, most trading bots offer high leverage options.

Leveraged trading (also referred to as margin trading) sees brokers lend money to traders to make larger trades. The broker then takes that borrowed money back following the trade, and the trader keeps the profit. Most brokers offer leveraged trading. However, unregulated brokers provide much higher leverages, which are risky and lead to financial debt.

Before trying leveraged trading, traders should have plenty of experience and only do business with regulated brokers; the margins may not be as substantial, but regulated brokers are more trustworthy.

What Are The Spreads?

Bitcoin Buyer does not disclose any spreads information. Contact brokers directly for more details.

Brokers will offer varying spreads, but these can change along with the cryptocurrency market.

Fees, Limits, And Payment Options On Bitcoin Buyer

How Much Does Bitcoin Buyer Cost?

Note that Bitcoin Buyer does not charge commissions or transaction fees. It also offers deposit bonuses to newbies and loyal clients for maximum potential. Remember, signing up for an account with it is free, and there are no subscription charges. If you are new to cryptocurrency, or trading robots, , it is best to test Bitcoin Buyer via its demo account and gauge your skill level before investing with real money.

💸 Minimum Deposit:$250
💰 Trading Fees:Zero
💰 Account Fees:Zero
💰 Deposit/Withdrawal Fees:Zero
💰 Software cost:Zero
💰 Subscription cost:Zero

What Are The Payment Methods Accepted By Bitcoin Buyer?

Bitcoin Buyer accepts the following payment methods:

  • Credit card

  • Debit card

  • Bank transfer

There is no other available information about withdrawal and deposit options. However, users cannot use Venmo or Paypal with Bitcoin Buyer.

Withdrawals will be sent to the same account used to make deposits. Withdrawals and deposits may take several days to reach your account.

Does Bitcoin Buyer Also Charge Fees And Commissions?

Bitcoin Buyer does not charge any deposit or withdrawal fees. However, users need to pay a 2% commission whenever they make a profit. Bitcoin Buyer will take this payment automatically.

Bitcoin Buyer Trade Sizes And Limits

Bitcoin doesn’t have a maximum trading limit. However, users must trade a minimum amount of $250.

Bitcoin Buyer Platform

How Does Bitcoin Buyer Work?

Bitcoin Buyer claims to use trading signals, artificial intelligence, and algorithms to predict whether cryptocurrencies will rise and fall in value. The platform then executes trades according to your trading strategy. In addition, users can change their stop-loss limit and adjust other parameters, giving them additional control over Bitcoin Buyer’s protocols.

Bitcoin Buyer partners with brokers in various jurisdictions. This is also where the robot stores your funds. Some brokers may be regulated, though we could not verify if any brokers are regulated. Most trading bots will partner with regulated and unregulated brokers.

Users can also play around with Bitcoin Buyer’s demo account, so they know what they are doing when making actual trades. This is one of the most important parts of using any cryptocurrency trading platform.

What Devices Can I Use Bitcoin Buyer On?

Bitcoin Buyer is only available on browsers. These include Chrome, Firefox, Safari, IE, and others. Users can access Bitcoin Buyer on any device with a browser. These include:

  • Computer

  • iOS

  • Android

  • Laptop

  • Tablets

Bitcoin Buyer does not have a mobile or desktop app available to download. Usability may be affected on mobile devices.

Can I Use Bitcoin Buyer In My Country?

Bitcoin Buyer is available in any country that allows CFD trading. These include:

  • UK

  • Denmark

  • Italy

  • Sweden

Unfortunately, traders cannot access Bitcoin Buyer in the United States or Hong Kong, where CFD assets are prohibited.

CountryIs Bitcoin Buyer available?
Can I Use Bitcoin Buyer in the UKNo
Can I Use Bitcoin Buyer in CanadaNo
Can I Use Bitcoin Buyer in AustraliaYes
Can I Use Bitcoin Buyer in USANo
Can I Use Bitcoin Buyer in South AfricaYes
Can I Use Bitcoin Buyer in New ZealandYes
Can I Use Bitcoin Buyer in PhilippinesYes
Can I Use Bitcoin Buyer in UAEYes
Can I Use Bitcoin Buyer in SingaporeYes
Can I Use Bitcoin Buyer in FranceYes
Can I Use Bitcoin Buyer in SpainYes
Can I Use Bitcoin Buyer in ItalyYes
Can I Use Bitcoin Buyer in GermanyYes
Can I Use Bitcoin Buyer in NigeriaYes
Can I Use Bitcoin Buyer in MexicoYes

What Exchanges And Brokers Does Bitcoin Buyer Partner With?

Bitcoin Buyer doesn’t have any information about partnered brokers on the homepage. Trading bots typically pair with many brokers around the world. However, we couldn’t determine whether these brokers are regulated or otherwise. Speak to the broker directly if you need to know their regulation status. Remember, only execute trades with regulated brokers.

Is Bitcoin Buyer Available In My Language?

Bitcoin Buyer is available in numerous languages, including:

  • English

  • Hungarian

  • Dutch

  • Spanish

Choose your preferred language from a drop-down menu at the top of the homepage.

How Easy Is It To Use Bitcoin Buyer?

Bitcoin Buyer is easy to use, much like every other trading bot. The robot is geared towards inexperienced traders and does not overcomplicate the process with complex features. Bitcoin Buyer is fully automated, so you don’t need to worry about placing trades yourself; the algorithms reportedly do everything for you. Traders should still adjust parameters and stop-loss limits to keep their funds safe.

Bitcoin Buyers provides a demo trading option, so you can figure out the features and protocols without risking your deposit. This is the best way to familiarize yourself with any trading bot. Bitcoin Buyer also provides cryptocurrency charts, so you always know how much your trades are worth.

While Bitcoin Buyer is straightforward, most traders will not make any money. These bots target new traders because they don’t know enough about trading strategies to know when they will lose money. Remember to set stop-loss limits and never place leveraged trades with a trading bot.

There is no way of knowing whether Bitcoin Buyer is placing the best trades for you or if you’re just going to lose money everything the bot executes a trade. So if you intend to trade CFD assets, build up your knowledge base and only do business with regulated brokers.

How much profit can you make using Bitcoin Buyer?

Bitcoin Buyer aims to help traders make the most of the cryptocurrency market through the use of its AI and trading technology. With Bitcoin Buyer, the aim is that you will not spend much time monitoring your positions since the algorithm does most of the work for you. All you need is a few minutes to ensure everything is under control, set your positions and set your maximum spend amounts. However, note that the bot’s claimed win rate is 99.4%, meaning you cannot wholly rely on it to execute trades successfully. Therefore, constantly strategize and track its performance for maximum potential. This win-rate could not be verified at the time of writing the article.

Keep in mind that it is impossible to tell the specific amount of profit you can earn with Bitcoin Buyer, and it should be noted users may also lose money using the robot as well. This is because the crypto market is highly volatile, and asset prices keep changing based on a number of different conditions - including economic,coin developments and in some cases ‘crypto whales’ investing, or pulling money out of, certain coins . We advise you not to be money-driven but to be open to learning about crypto trading in full, and ultimately you should not trade more than you can afford to lose. Also, consider your tax deductions to the IRS/HRMS when calculating your potential profits.

Key Features

Bitcoin Buyer’s best features include demo account options, multiple CFD assets, and automated functions.

Multiple CFD Assets

Bitcoin Buyer allows users to trade various CFD assets for the most popular cryptocurrencies on the market. These include Bitcoin, Litecoin, Ethereum, and more. Users can trade one or several assets if they want to diversify their trading portfolio.

Automated Features

Bitcoin Buyer claims to use automated trading features, AI, machine learning, and in-built algorithms to place trades on your behalf.

Demo Account Option

If you want to remain safe on Bitcoin Buyer, you can use the demo account to execute virtual trades and understand how the website works. Practice your trading strategy, adjust your stop-loss limit and see how much money you can make (or lose).

Security And Regulation

Is Bitcoin Buyer Legit?

Bitcoin Buyer is not legitimate, especially when compared to regulated brokers like eToro and Kraken.

Firstly, trading bots are the most unreliable way to trade assets. Most users will lose their deposits when they make their trade. They will then need to add more funds if they want to continue. Also, certain reviews are fabricated.

We also recommend avoiding trading bots or brokers that ask for a deposit to register for an account. If a trading bot asks for money before you can look around the site, you are better off trying another site.

In addition, we could not verify if Bitcoin Buyer places trades with a good chance of making a profit.

Is Bitcoin Buyer Safe?

Bitcoin Buyer does not provide information regarding security practices, and we could not verify whether it uses SSL encryption. However, Bitcoin Buyer does give your information to third-party businesses. If you want to ensure your financial and personal information remains secure, you should choose another trading platform.

Are my money and I protected?

Bitcoin Buyer partners with brokers regulated by top-tier authorities such as the FCA, ASIC, BaFin, etc. Such brokers guarantee the safety of your trading funds since they have brokerage licenses and adhere to all set conditions in various jurisdictions. Additionally, Bitcoin Buyer is highly encrypted to help secure its users’ data and emails from hacking.

Is Bitcoin Buyer Regulated?

We could not confirm whether Bitcoin Buyer is regulated in any jurisdiction.

Do I Have To Verify My Account With Bitcoin Buyer?

Yes. Users must confirm their email address and personal information before using Bitcoin Buyer. In addition, users need to complete a KYC questionnaire.

How Does Bitcoin Buyer Work? Trading Strategies and Algorithms

Bitcoin Buyer applies machine learning when managing traders’ positions. It uses trading signals and algorithms to track the market and only makes a move when the conditions match what a trader's pre-set variables. Remember, you must deposit at least $250 to use this robot since it will require these funds to take positions on your behalf. Take a look below at some of the Bitcoin Buyer's other features.

  • Automated Trading Tools to reduce time spent trading by the user

  • Arbitrage Trading

  • News Trading based on ongoing news cycle and potential options that open in the market

  • Price Trend Analysis to aid in predicting future moves in the price of a coin

Extra Information

Educational Resources

The online resources include website blogs, YouTube channels, and podcasts. Also, most Bitcoin Buyer integrated brokers host a gazillion learning resources, including articles, blogs, eBooks, webinars, recorded videos, seminars, etc. You will also find other brokers with social trading platforms that connect you to like-minded traders to share ideas.

Tools And Charting

Bitcoin Buyer has numerous CFD and leveraged trading instruments. In addition, traders can browse charts to find out the real-time value of their assets. Most Bitcoin Buyer tools are automated.

Customer Support

Bitcoin Buyer has a contact form available for non-members. Additionally, users can speak to a broker representative via phone or email. However, some customers have been unable to contact anybody when they have had issues with their accounts.

Bitcoin Buyer Customer SupportDetails
Bitcoin Buyer support emailNot available
Bitcoin Buyer support contact numberNot available
Bitcoin Buyer live chat optionYes
Bitcoin Buyer other support optionsOnline Form

Demo Account

As a beginner, deploying your trading strategies in the live market is risky since you are not confident in your skill level. For this reason, Bitcoin Buyer offers a risk-free, virtually funded demo account to practice what you learn and test it before diving into the live market. Like the live account, Bitcoin Buyer’s account is user-friendly, and you must make a minimum deposit of $250 to use it.

How To Get Started With Bitcoin Buyer

Follow these steps if you still want to create a Bitcoin Buyer account.

  1. Go to the Bitcoin Buyer website, add your details to the signup form, then verify your account.

  2. Talk to the broker advisor who will guide you through a KYC questionnaire, then pay the $250 deposit into your broker wallet.

  3. Practice on the demo trading account before using your standard Bitcoin Buyer account. Then, once you know how the platform works, you can switch to the normal account.

  4. Set your stop-loss limits and adjust other parameters to suit your trading strategy.

  5. Enable live trading.

How to Delete a Bitcoin Buyer Account?

Bitcoin Buyer is a popular cryptocurrency robot but not suitable for all traders’ needs. Therefore, if you find the robot unsuitable for you and want to delete your account, simply go to its menu section and access the settings page to delete your account.

Alternatively, you can delete a Bitcoin Buyer account through its partner broker. However, deleting through a broker’s platform will also delete your data, unclaimed earnings, and assets with the broker. Therefore, if you are unsure how to go about which option is correct for you, contact the Bitcoin Buyer support service for guidance.

How to Withdraw Money From Bitcoin Buyer?

Since Bitcoin Buyer doesn't have a crypto wallet to secure your assets and money, you will access your funds through a broker it is connected with. Here is the proper procedure to withdraw your money from Bitcoin Buyer integrated brokers.

  1. Visit a Bitcoin Buyer’s connected broker’s platform and sign into your trading/investment account

  2. Go to your wallet, whereby you should click withdraw to start the withdrawal process

  3. Enter your preferred payment method supported by the broker

  4. Enter an amount to withdraw in your preferred fiat currency

  5. Click continue to initiate the withdrawal process, which should take up to 6 days to complete depending on the payment method you use.

Withdrawals using fiat currencies are mandatory since cryptocurrency brokers partnering with Bitcoin Buyer do not support payouts in cryptocurrencies. So, ensure you choose the correct fiat currency to streamline the withdrawal process.

Bitcoin Buyer Celebrity/ Company Endorsements

Like most trading robots, Bitcoin Buyer is rumored to be endorsed by top companies/celebrities. Let’s see below if these claims are valid.

Is Elon Musk Related to Bitcoin Buyer?

No. Elon Musk is an American business mogul and the CEO of Tesla and SpaceX. Musk has been known to invest in cryptocurrncy, but he is unrelated to Bitcoin Buyer. He doesn't use the robot to automate his investments and any stories connecting him to cryptocurrency robots should be considered false.

Is Kate Winslet Related to Bitcoin Buyer?

No. Kate Winslet is an English actress famous for her work across Hollywood and independent movies. Winslet doesn't invest in the cryptocurrency market and is unrelated to Bitcoin Buyer. So, all the ongoing rumors claiming she endorsed Bitcoin Buyer are false.

Is Omar Sy Related to Bitcoin Buyer?

No. Omar Sy is a French actor featured in numerous movies. Sy does not invest in cryptocurrency and has never endorsed Bitcoin Buyer.

Is Holly Willoughby Related to Bitcoin Buyer?

No. Holly Willoughby is an English television presenter, author, and model. She is currently the co-host of This Morning and Dancing on Ice shows. So far, Holly Willoughby has not endorsed Bitcoin Buyer, and she is not connected to the robot. Bitcoin Buyer In the News

We also researched whether Bitcoin Buyer was featured on news platforms, and here is our conclusion.

Is This Morning Related to Bitcoin Buyer?

No. This Morning is a British TV show featuring diverse guests to discuss matters on various topics, including celebrity news, cooking tips, beauty, lifestyle, etc. We reviewed all episodes aired on this show, and we couldn't find one featuring Bitcoin Buyer, making the ongoing rumors false. This Morning is commonly associated with robots in the UK due to the huge popularity of cryptocurrency across a number of key demographics.

Is CNN Related to Bitcoin Buyer?

No. The Cable News Network (CNN) is a US-based news channel owned by CNN Global. Numerous stories have been aired on the channel, but we couldn't find one linking CNN to Bitcoin Buyer. News stories coming out of CNN which claim to endorse cryptocurrency are more than likely fake.

Other Bitcoin Buyer Reviews & User Testimonials

Bitcoin Buyer’s robust technology is impressive, which has earned it excellent reviews from users globally. Below is a summary of user testimonials on Reddit and Trustpilot for you to have a better understanding of the robot.

What Are The Top Bitcoin Buyer Reviews on Forums and Reddit?

Reddit is one of the social platforms where users leave honest reviews regarding their experiences with cryptocurrency robots. Bitcoin Buyer has excellent reviews on this platform, and a number of positive recommendations to match. The robot is also rated highly for helping thousands of traders make the most of the crypto market with minimal effort. Most importantly, Bitcoin Buyer is regulated by tier-one authorities, guaranteeing safe trading.

What Are The Top Bitcoin Buyer Reviews on Trustpilot?

Trustpilot is also an excellent platform to visit for honest user comments and recommendations. Here, many users commend the Bitcoin Buyer robot for being safe and helping them make substantial profits within a short timeframe. Although its minimum deposit requirement might be high for some traders, users recommend it to newbies who can afford it. Fortunately, a demo account exists to test it before taking a plunge with real money.

Is there a Bitcoin Buyer alternative?

Yes, there are many more crypto robots available. If you don't want to use Bitcoin Buyer, check out some of our other reviews:

Crypto RobotMinimum DepositRead our review
Immediate Edge$250Read our Immediate Edge review
Centobot$250Read our Centobot review
Bitcoin Up$250Read our Bitcoin Up review

Final Thoughts On Bitcoin Buyer

Bitcoin Buyer may appear to be an easy way to make money, but we do not recommend this trading bot if you are looking for a reliable trading platform. Bitcoin Buyer is risky and not very transparent.

In addition, users may be unable to contact Bitcoin Buyer if they have any issues with their account. Customer support is not as attentive as other trading bots or brokers.

We recommend only using a regulated trading platform. The features may be more complicated, and you may not be able to trade with high leverages, but your information and funds will be safer; you’ll also benefit from better resources and customer support.

FAQs

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

Danny Maiorca

Danny is a freelance writer specialising in technology and finance. Prior to working for himself, he spent several years working within those sectors in London. Since then, Danny has relocated to Denmark.