www.banklesstimes.com
HomeRobotsBitcoin Digital

An Honest Bitcoin Digital Review in 2022

Last updated 7th Sep 2022
Disclosure
Visit site & Sign up

Bitcoin Digital is a user-friendly cryptocurrency trading robot developed to trade in accordance with market trends. According to the company, since both experts and beginners might find the crypto market difficult to navigate, Bitcoin Digital has been created to solve the pertinent issues relating to trading difficulties. In this Bitcoin Digital review, we have analyzed the legitimacy of the robot’s features, performance, and other parameters to judge its success as a whole.

What is Bitcoin Digital?

The Bitcoin Digital robot allows users to trade Bitcoin and other cryptocurrency assets in the market automatically. The trading robot was created in 2017 according to the Bitcoin Digital website, although there is no documentation to verify the initial stages of its development. Hence, its developers are unknown.

On its website, the Bitcoin Digital robot claims to be able to generate thousands of dollars in profit on a daily basis – a near-impossible feat considering the volatility of the crypto market. The online platform facilitates automated trading of cryptocurrencies, reportedly using Artificial Intelligence (AI) and Machine Learning (ML) technologies to scan markets and find the ideal moment to, for example, sell or buy cryptocurrency. It then finds trading signals by analyzing data patterns, historic charts, and market emotions.

Once it finds a trading opportunity, it sends signals to its brokers to carry out a trade order. The auto trading robot works speedily and can carry out multiple trades simultaneously. Bitcoin Digital also has manual trading options for the more experienced traders who can adjust the risks and leverage parameters.

Also, if you're looking for another safe and easy way to buy and trade cryptocurrencies, you can read our guide on the best apps to buy cryptocurrency.

Bitcoin Digital Overview

🤖 Robot Type:AI Trading Software
💸 Minimum Deposit:$250
✅ Is It a Scam or Legit?Legit
🚀 Claimed Win Rate:99%
💰 Trading Fees:None
💰 Account Fees:None
💰 Deposit/Withdrawal Fees:None
💰 Software cost:Free
⌛ 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:Email, Live chat
✅ Verification required:KYC
🔁 Automated Trading:Yes
📈 CFD AvailableYes

Pros and cons of using Bitcoin Digital

Pros

Demo trading option is available
Multiple payment methods
Regulated brokers involved 
Intuitive user interface
Fast and easy registration process

Cons

Unverified testimonials with seemingly false profit claims
Lacks uniqueness as a platform
No information on founders

Who is The Bitcoin Digital Owner?

Many cryptocurrency traders and investors want to be sure about Bitcoin Digital’s credibility before using it to automate their trades. This includes understanding the team behind its establishment and understand how the robot came into existence. Bitcoin Digital was supposedly founded by financial experts with vast experience in the crypto market and then they teamed up with software developers to create a unique robot that is reportedly powered by AI for helping traders streamline short-term crypto trades.

It is not wrong to assume that the Bitcoin Digital owners had newbies in mind while developing the bot and hence, it is considered a user-friendly product that can help traders in navigating their way through the complexities in the cryptocurrency market. Most importantly, the team behind Bitcoin Digital updates the robot from time to time to improve the accuracy rate so that the traders don’t skip on potentially profitable opportunities.

Getting Started With Bitcoin Digital

Bitcoin Digital is a beginner-friendly trading bot, and you do not need to be an experienced cryptocurrency trader to use it. Below, we take you through an overview of step-by-step procedures for getting started with Bitcoin Digital. More details regarding the process are coming up later in this guide.

  1. Visit Bitcoin Digital’s official website and register for a trading automation account

  2. Deposit funds per Bitcoin Digital’s requirements (at least $250)

  3. Adjust Bitcoin Digital to suit your trading needs and activate it

  4. Monitor its performance as the bot tracks the market and trades on your behalf

Bitcoin Digital markets, assets, and options

What Cryptocurrencies and Products Can You Trade Using Bitcoin Digital?

Unfortunately, you can only use Bitcoin Digital to execute crypto CFD trades only and not other financial instrument classes like forex, commodities, stocks, etc. So if you wish to diversify your portfolio, we advise you to consider other robots with flexible options.

Start Now

What leverage trading options are there with Bitcoin Digital?

Yes. Bitcoin Digital has partner brokers that provide leveraged trading by carrying out trades using CFDs. Thus, users can trade on market price fluctuations without possessing any coins. The platform boasts a 4000:1 leverage to its users, which means that you can trade with up to 4,000 times your initial investment amount.

Please note that leveraged trading carries increased risks and even the smallest of price changes could lead to massive losses. Only those who understand the full implications of leveraged trading should do it.

What are the spreads on Bitcoin Digital?

Not much information is given about the spreads with Bitcoin Digital, although its users say they enjoy competitive spreads and higher-than-average profits.

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

Fees, limits, and payment options on Bitcoin Digital

How Much Does Bitcoin Digital Cost?

While Bitcoin Digital offers its services for free, remember that it is connected to reputable brokers who charge fees to the users, which you must check to ensure if it fits within your budget.

💸 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 Digital?

Bitcoin Digital offers multiple payment methods such as:

  • Bitcoin

  • Visa

  • MasterCard

  • Wire transfer

  • Neteller

  • Skrill

  • WebMoney

  • PayPal

You can make deposits of at least $250, using your preferred option to start trading. You can also withdraw to your preferred currency but bear in mind that withdrawals might take more than a day sometimes.

Does Bitcoin Digital also charge fees and commissions?

Bitcoin Digital is 100% free to use. There are no hidden bitcoin digital login, registration, usage, download, deposit, or withdrawal fees associated with the platform.

Bitcoin Digital trade sizes and limits

Traders can leverage trades up to as high as 4000: The crypto bot does not place any limits on withdrawals in terms of time or duration. Therefore, you can withdraw any amount at any time. However, withdrawals might take up to 24-48 hours to appear in your account.

Visit Bitcoin Digital

Bitcoin Digital’s platform

How does Bitcoin Digital work?

Like most other cryptocurrency robots, the platform patterns with regulated brokers who support CFD trades to execute digital currency trades. After reportedly calculating signals using advanced technology, it then uses API to transmit the data to its partner brokers who then execute the trade upon the command given by the robot.

However, it is highly unlikely that traders can make thousands of dollars on trade every day as the website claims to have a 98% success rate on trades. The Bitcoin Digital crypto robot stipulates the best entry and exit points for trading a particular asset. This technology could be employed manually or automatically.

What devices can I use Bitcoin Digital on?

The Bitcoin Digital robot does not have any native mobile app that can be downloaded. However, you can access the website from any of the following devices:

  • Smartphones (Android and iPhone)

  • Tablet

  • Desktop

Because you can access the platform using any web browser, there is no need to install an app. But you can also use the Bitcoin Digital app.

For a smooth experience, you'll need a strong internet connection and a working device.

What exchanges and brokers does Bitcoin Digital partner with?

When it comes to partnership with exchanges and brokers, the website states that “Unless otherwise noted, our broker listings and comparisons may not include or compare all relevant brokers, exchanges, or investments, and are sorted by default based on our business relationships. We may list products or brokers from which we do not profit, and you will be able to tell since they will be listed without a "button" or in a different color.” This suggests that there is not much revealed about its brokers.

Can I use Bitcoin Digital in my country?

Bitcoin Digital states on its website that not all of the brokers and exchanges that it works with might be regulated in a trader’s country or state of residence. Therefore, it is of utmost importance to carry out your own research for your area.

Still, you will discover that most of the brokers listed on the Bitcoin Digital platform are regulated brokers, licensed by the financial entity of the country where they are registered. Popular countries where the website is used include:

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

How easy is it to use Bitcoin Digital?

This trading platform is designed to suit the changing trade needs of both rookie and experienced traders, and as a result, it offers a user-friendly interface. The platform works in both autopilot and manual modes, allowing you to choose between using the default settings and customizing your own preferences.

Bitcoin Digital is simple to use, and you may earn from successful transactions even if you have no prior trading experience. However, make sure that your risk management is set to a level that you are comfortable with, as high leverage trading should only be attempted by experienced traders.

How much profit can you make using Bitcoin Digital?

The cryptocurrency market is highly volatile, and you shouldn’t make the dive in expectation of quick returns. Instead, understand how the market works and practice trading with Bitcoin Digital on its demo account first.

Furthermore, Bitcoin Digital is 0.01 seconds ahead of the market which means that it can help the users in executing trades faster than other traders. You can buy 0.01 seconds before other traders and sell the asset right after all the traders have bought, creating room to make profitable trades.

Based on the information furnished on the website, the traders have reportedly made $1,500 daily as profits, and some experienced traders are making relatively more using robust strategies and substantial capital. Also, it is important to have a plan that includes calculating your potential earnings and tax deductions to responsible authorities like the IRS and HRMS.

Get Started Today

Bitcoin Digital Key features

Dedicated Customer support

Bitcoin Digital has a committed 24-hour customer support system, which provides round-the-clock assistance to those in need.

Payouts

Customers can request a payout by completing the withdrawal form that pops up on the left side of the trading dashboard. One exciting thing about Bitcoin Digital’s withdrawals is that there are no daily, weekly, monthly, or yearly limits to how much you can withdraw.

Quick verification

The verification and KYC processes with Bitcoin Digital are relatively fast compared to other bots. Accounts get verified for transactions within a few hours. Traders might need to upload their most recent utility bill showing their residential address and a government-issued photo ID.

Bitcoin Digital Security and regulation

Is Bitcoin Digital legit?

Bitcoin Digital offers legitimate trading services though some of its profit claims seem unrealistic. While it looks to be true that the software gives insights to traders through its predictions and market analysis but the rates of ROI seem difficult to prove.

We also confirmed that the website has testimonials that are similar to those found on other trading robot platforms. We can only recommend that you use Bitcoin Digital as a part of your trading strategies rather than as a sole tool to carry out your trades. As usual, always do your own research before using its services.

Is Bitcoin Digital safe?

Making trades using Bitcoin Digital as an instrument does not come without its risks. There is a high risk of losing money from trades especially those with high leverage. Users are advised to understand the dynamics of cryptocurrency trading before using any robot trade. When compared to other platforms, the Bitcoin Digital trading app guarantees you a high level of security and safety on your trades, while also protecting your personal and financial data.

Are my money and I protected with Bitcoin Digital?

Trading cryptocurrency is highly speculative and potential traders should also know that the software's past performance does not necessarily predict future results. Only trade with the money that you can afford to lose. The Bitcoin Digital platform does not protect your money since it does not have any of your money, to begin with. The robot only makes trade decisions for you. However, the brokers where your money lies, protect users’ data.

Bitcoin Digital is reportedly connected to licensed brokers who adhere to financial regulators’ stringent regulations to guarantee the funds' safety while offering the best trading environment. Plus, Bitcoin Digital safeguards your data and email through RSA encryption and ensures all traders participate in the KYC verification procedure to preserve its trading platform.

Is Bitcoin Digital regulated?

Bitcoin Digital provides the highest level of security to its traders, thanks to the various security regulations put in place. The company complies with the stringent General Data Protection Regulation (GDPR) of the European Union, where it maintains strict confidentiality with traders’ data.

Do I have to verify my account with Bitcoin Digital?

Verification of details remains an integral part of your experience with Bitcoin Digital. After create an account and have a Bitcoin Digital login, traders need to provide their banking details and complete the Know Your Customer (KYC) protocol before initiating a withdrawal. You will be asked to upload a government-issued photo ID and your most recent utility bill. This process is usually quick but could take up to 48 hours.

How Does Bitcoin Digital Work? Trading Strategies and Algorithms

According to information revealed on the official website of Bitcoin Digital, it is integrated with cutting-edge AI algorithms that help in managing short-term crypto trades on your behalf. This program is web-based, and you can access it via desktop or a laptop. The fact that it is automated allows it to take control of your activities while you focus on other crucial matters. Below are some of the best features that make Bitcoin Digital reliable and worth considering.

  • Automated Trading Tools

  • Arbitrage Trading

  • News Trading

  • Price Trend Analysis

Start now with Bitcoin Digital

Extra information about Bitcoin Digital

Educational resources

Bitcoin Digital does not offer native educational resources but the traders can check out the guides, articles, webinars, recorded videos, eBooks, etc. provided by the brokers. Some of these brokers also feature social trading platforms that you can join to meet your peers and learn from each other. In addition, there are a gazillion third-party website blogs, YouTube channels, and podcasts to take advantage of and improve your skill. On top of that, Bitcoin Digital has a small FAQ section on the website to learn more about its performance and features.

Tools and charting

An API connects Bitcoin Digital to the broker’s trading account. From the connection, it regularly sends trading signals to the broker who then carries out the trades orders accordingly. Traders can open long and short positions with the investment and trading tools found on the brokers’ platforms.

Customer support

You can contact Bitcoin Digital's customer care staff before signing up by filling out a contact form on the platform's official website, which is available from anywhere. After you've been validated as a member of the site, you can contact customer care via email or live chat.

Bitcoin Digital Customer SupportDetails
Bitcoin Digital support emailNot available
Bitcoin Digital support contact numberNot available
Bitcoin Digital live chat optionYes
Bitcoin Digital other support options…Online Form

Demo Account

Bitcoin Digital understands that new traders are not confident enough to venture into the live crypto market. For this reason, it offers a demo account that allows you to test it risk-free without spending your hard-earned money. With the demo account, you can also test your skill level and effectively plan your activities. To account Bitcoin Digital demo account, you must register for an account on its website and deposit at least $250 per its requirements.

How to get started with Bitcoin Digital

You can register on Bitcoin Digital with the following steps:

  • Step 1 - Registration

You will be asked to fill in your personal details such as first and last names, email, and phone number on a pop-up form. You will also need a valid national ID and some of your bank details for verification. Upon completing this form you will be taken to a regulated broker.

  • Step 2 - Deposit

After completing your registration, you can make an initial deposit of at least, $250 using your credit card, Bitcoin, or third-party payment providers such as Skrill, Neteller, and Webmoney.

  • Step 3 - Try out Demo trading

The auto trading platform allows new users to open an account in the demo mode. This helps them to get familiar with the platform before going on to live trade. The demo account simulates real market conditions.

  • Step 4 - Live trading

You can access Bitcoin Digital’s live trading feature by selecting the trading button on the main screen. Make sure that you determine the level of risk that you can manage on each trade. A good piece of advice is to avoid putting more than 10% of your capital on a single trade.

How to Delete Bitcoin Digital Account?

Trading with Bitcoin Digital can earn you good profits if you apply the best strategy and dedicate time to tracking its performance. However, if for some reason you want to delete the account, you should contact the bot’s support service for assistance.

The support service will guide you on two ways to delete your Bitcoin trading account: through its menu section or via a broker’s platform. However, deleting your Bitcoin Digital account through a broker will clear all your data and investments, leaving you with nothing.

How to Withdraw Money From Bitcoin Digital?

You cannot withdraw money from Bitcoin Digital since it doesn't have a wallet to store your assets. All your earnings are secured on a broker’s platform it partners with. Therefore, if you want to withdraw your profits from Bitcoin Digital, below are the proper procedures.

  1. Go to the broker’s platform and sign into your account

  2. Identify your wallet and click withdraw

  3. Enter a suitable payment method supported by the broker

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

  5. Click continue to initiate the withdrawal process, which should take up to 24 hours to complete.

Making withdrawals with Bitcoin Digital partnered brokers can only be done using fiat currencies. The brokers do not make payouts in cryptocurrencies, so ensure you select suitable fiat currency to avoid incurring high currency conversation charges.

Start Trading

Bitcoin Digital Celebrity/ Company Endorsements

Online speculations claim that prominent companies and celebrities endorsed Bitcoin Digital. To ensure you are not misinformed, we analyzed these claims, and below are our findings.

Is Elon Musk Related to Bitcoin Digital?

No. Elon Musk is the current CEO of Tesla and SpaceX. He is also an investor in the cryptocurrency market since he believes that the crypto market is promising. However, Musk does not use Bitcoin Digital to manage his investments, nor is he connected to the robot.

Is Keanu Reeves to Bitcoin Digital?

No. ​​Keanu Reeves is a Canadian actor featured in many movies like John Wick and The Matrix. He owns crypto assets, which he claimed were gifted to him by a friend. Unfortunately, Reeves has never endorsed Bitcoin Digital, and he doesn't have much interest in the crypto market.

Is Mahathir Mohamad Related to Bitcoin Digital?

No. Mahathir Mohamad is the former prime minister of Malaysia. Besides being a politician, Mohamad is also an author and physician. Unfortunately, no concrete information proves that he is related to Bitcoin Digital, making all rumors untrue.

Is Manny Pacquiao Related to Bitcoin Digital?

No. Manny Pacquiao, also known as Emmanuel Dapidran Pacquiao senior, is a Filipino politician and former professional boxer. He is one of the greatest boxers of all time and has his own cryptocurrency token called “Pac.” However, Pacquiao has never used Bitcoin Digital to manage his investments nor endorsed it on any of his social platforms.

Bitcoin Digital In the News

We have also come across claims that Bitcoin Digital was featured in the news to boost its popularity across diverse markets. Below is what we found out based on our analysis.

Is This Morning Related to Bitcoin Digital?

No. This Morning TV show has aired many episodes on lifestyles, beauty, celebrity gossip, cooking tips, and more. Sadly, no factual information proves that it once featured Bitcoin Digital, making the rumors misleading.

Is Shark Tank Related to Bitcoin Digital?

No. Shark Tank is an American television series featuring aspiring entrepreneurs pitching their business ideas to a panel of investors. Those with the best ideas receive funding and even partnership from investors. Unfortunately, there is no episode where Bitcoin Digital was mentioned, leaving us to believe that the rumors are untrue.

Other Bitcoin Digital Reviews & User Testimonials

We have studied Bitcoin Digital reviews and user testimonials on Trustpilot and Reddit. Based on our research, we have fetched some insights which will help you clear your doubts regarding the bot’s credibility and start your investments on a good note.

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

Reddit is one of the best go-to social platforms for getting honest reviews and ratings regarding users’ experience with a product or service. However, we couldn’t track any reviews about this trading bot on Reddit. While we did some additional hunting, the reviews on some other forums have revealed that the platform is a reliable choice owing to its lightning-fast trade execution speed that enables the traders to stay ahead in the game.

What Are The Top Bitcoin Digital Reviews on Trustpilot?

We have found mixed reviews on Trustpilot but the majority of them are in favor. Besides complying with AML and KYC policies, users on Trustpilot attest that Bitcoin Digital is safe and trustworthy. They also recommend the bot to investors trying to explore the crypto market for the first time since it is user-friendly and customizable.

Is there a Bitcoin Digital alternative?

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

Crypto RobotMinimum DepositRead our review
Bitcoin Code$250Read our Bitcoin Code review
Immediate Edge$250Read our Immediate Edge review
Bitcoin Profit$250Read our Bitcoin Profit review

Final Thoughts on Bitcoin Digital

The Bitcoin Digital platform looks suitable for both skilled and unskilled traders. However, the reviews on the site seem rather unrealistic with profits that even the most experienced traders would feel lucky to get - this could lead to suspicions. Also, all the statements related to celebrity endorsements of Bitcoin Digital are unfounded.

Overall, the platform is user-friendly and requires little knowledge before getting started. Again, remember that cryptocurrency trading is risky and should be carried out with caution. Also, the robot should not be relied on completely. Only invest money you can afford to lose.

FAQs

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

Khashayar Abbasi

Khashayar discovered Bitcoin back in 2014 and has since spent countless hours researching the different use cases of cryptocurrencies. He has a bachelor's degree in International Relations and has been a writer in the financial services industry for nearly half a decade. In his spare time, Khashayar enjoys photography, cycling, and ice skating.