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An Honest Bitcoin Edge Review in 2022

Last updated 7th Sep 2022
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Bitcoin Edge is an automated trading bot that allows users to make digital trades on numerous crypto assets with little or no knowledge of the cryptocurrency market. Trading bots like Bitcoin Edge make trades on your behalf, claiming to use trading signals and algorithms. In this Bitcoin Edge review, we’ll be looking at the benefits and drawbacks of using this platform and deciding whether or not the platform is legit or a scam.

What is Bitcoin Edge?

Bitcoin Edge is an automated trading service that places trades with partnered brokers by reportedly using algorithms and market analysis. By analyzing trading signals, Bitcoin Edge makes trades based on the most likely profits. Users can adjust trading parameters if they have a trading strategy. They can also use a demo tool to practice trading without losing any money.

Bitcoin Edge targets traders with little experience in the market. Users need to deposit $250 with their broker before they can enable live trading. The homepage talks about the benefits of Bitcoin trading and also includes information about the potential risks in the small print.

Bitcoin Edge Overview

🤖 Robot Type:Bitcoin Robot
💸 Minimum Deposit:$250
✅ Is It a Scam or Legit?Legit
🚀 Claimed Win Rate:90%
💰 Trading Fees:2% commission on profits
💰 Account Fees:None
💰 Deposit/Withdrawal Fees:None
💰 Software cost:Free
⌛ Withdrawal Timeframe:24 Hours
💱 Supported Cryptocurrencies:BTC, BCH, ETH, XRP, LTC
📊 Leverage:1000x
📱 Native Mobile App:No
🖥️ Free Demo Account:Yes
🎧 Customer Support:Email, Phone
✅ Verification required:KYC
🔁 Automated Trading:Yes
📈 CFD AvailableYes
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Pros and cons of using Bitcoin Edge

Pros

The registration process is quick and easy
Streamlined, uncomplicated user interface
Automated trading is simple and requires little knowledge
Numerous cryptocurrency assets are available
Different tools and charts for custom trading strategies

Cons

False claims and reviews online
Only available in certain locations

Bitcoin Edge markets, assets, and options

What assets and products can you trade using Bitcoin Edge?

Bitcoin Edge allows users to trade various cryptocurrency assets. Some of those assets include:

  • Bitcoin (BTC)

  • Ethereum (ETH)

  • Bitcoin Cash (BCH)

  • Litecoin (LTC)

  • Ripple (XRP)

Consult your broker for a full list of available cryptocurrency assets.

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What leverage trading options are there?

Bitcoin Edge partners with many brokers offering CFD trading (where you purchase a contract for difference but not the underlying asset) and leveraged trades.

Bitcoin Edge does not have any information on its website about its leverage trading options. However, some reviews claim you can trade as much as 1000x on your deposit. So, if you trade $300, you’d be loaned $300,000 to maximize your potential profit.

Leveraged trading is notoriously risky and unreliable. Bots cannot accurately predict crypto market movements and they can just as easily drop rather than rise. You may end up losing a significant amount of money if you trade with leverage. Conduct research and only trade what you can reasonably afford. We recommended only knowledge traders try leveraged trading and never through a trading bot.

What are the spreads?

Bitcoin Edge does not disclose any spread information. If you’d like to know more about the spreads available on this service, speak to your broker directly. Every broker will offer its own spreads. Keep in mind, spreads will change with market fluctuations.

Fees, limits, and payment options on Bitcoin Edge

How much does Bitcoin Edge cost?

Bitcoin Edge charges a $250 fee to use its live trading service. However, users do not need to pay any membership fees and account creation is completely free.

What are the payment methods accepted by Bitcoin Edge?

Bitcoin Edge does not provide any information about available payment options. However, most trading bots take credit or debit card payments. Speak to customer support for further information about payment methods.

Bitcoin Edge has zero withdrawal or deposit fees. However, your credit card company may apply fees to your transaction.

Does Bitcoin Edge also charge fees and commissions?

Bitcoin Edge takes a 2% commission on any profits. You will only pay a commission or fee when you make money through the service.

Bitcoin Edge trade sizes and limits

Bitcoin Edge has no maximum trade limit information. Your broker may set its own trading limits. For further information about trade sizes and limits, speak to your broker directly.

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Bitcoin Edge platform

How does Bitcoin Edge work?

Bitcoin Edge places trades with partner brokers on your behalf. Users can set their own trading parameters, select leverage limits and similar factors based on their trading strategy. However, users can also enable live trading and trust the trading bot.

What devices can I use Bitcoin Edge on?

Bitcoin Edge is available on any device that uses a web browser, such as Chrome, Safari, Firefox, Opera, IE, etc. Functionality may be affected if you use a web browser on a mobile device. There is no mobile app available.

Bitcoin Edge is available on these devices:

  • Laptops

  • Computer

  • Android

  • iOS

  • Tablets

What exchanges and brokers does Bitcoin Edge partner with?

Bitcoin Edge does not offer any information on its partnered brokers. Users are paired with a broker automatically based on location. Every broker offers CFD trading. We recommend researching your broker to make sure they are regulated by a recognized governing body. Only trade with regulated brokers.

Can I use Bitcoin Edge in my country?

Bitcoin Edge is available in many countries across the globe. These include:

  • UK

  • Spain

  • Germany

  • Italy

Bitcoin Edge is unavailable in any location where cryptocurrencies or CFD trading are illegal. These countries include:

  • China

  • USA

Is Bitcoin Edge available in my language?

Currently, Bitcoin Edge is available in English. There is no drop-down menu to select a different language, though other languages may be available in different countries.

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How easy is it to use Bitcoin Edge?

Bitcoin Edge is easy to use. The simple user interface is best enjoyed on a desktop computer. The platform is intuitive and users can adjust parameters without difficulty. Bitcoin Edge is set up to support people with little knowledge about crypto trading.

Bitcoin Edge has numerous tools and charts to inform your trading strategy. However, users can enjoy automated live trading and let the trading bot make all the decisions for them.

Remember, CFD trading is very risky and many trades will result in loss. Trading bots are unreliable and should be avoided unless you are an experienced trader. Only use trading bots if you have a developed and workable trading strategy. Only deposit money that you can afford to lose.

Key features

Bitcoin Edge has various features that make trading easy. Different tools let users set parameters, make trades, and understand the crypto market. For example, demo trading and customer support assist users who are new to auto trading.

Bitcoin Edge’s key features include:

User-friendly interface

Bitcoin Edge has a streamlined user interface that is simple to use if you are a knowledge trader or otherwise. Users can execute trades automatically or according to their trading strategy.

Market analysis and APIs

Bitcoin Edge claims to use trading signals and APIs to make trades on the user’s behalf, predicting the most profitable trades. However, if you prefer control over your trades, you can adjust trading parameters yourself.

Demo trading

Like other trading bots, Bitcoin Edge offers a demo account to users who want to get comfortable with the platform before enabling live trading. If you want to practice a new trading strategy, the demo trader is a useful tool.

Security and regulation

Is Bitcoin Edge legit?

It is difficult to say whether Bitcoin Edge is legitimate or not. There are numerous reviews and testimonials online that seem fabricated. As such, you may find it hard to trust Bitcoin Edge.

That being said, Bitcoin Edge includes disclaimers at the bottom of the homepage, highlighting the risks of trading CFDs and leveraged trading. Remember, users are more likely going to lose money via trading bot services, especially when trading with leverage. Do your own research and come up with a trading strategy that works according to your budget.

Is Bitcoin Edge safe?

Bitcoin Edge has various security protocols in place. These include account verification and comprehensive SSL encryption to protect your personal and financial information.

Bitcoin Edge partners with different brokers across many locations. Unfortunately, users cannot choose the broker beforehand. When assigned a broker, do some research and make sure they are regulated in their jurisdiction. Regulated brokers are more trustworthy and follow guidelines to eliminate fraud and money laundering.

Am I and my money protected?

When users trade through automated trading services like Bitcoin Edge, their deposit is held in a broker wallet. The trading bot is not responsible for those funds, only the trades. If you have questions about your funds or wallet, contact your broker directly.

Is Bitcoin Edge regulated?

There is no available information on Bitcoin Edge’s regulation status. Some brokers may be regulated but you will have to check once paired with your broker. Remember, users should only do business with a regulated broker.

Do I have to verify my account with Bitcoin Edge?

Yes. Every user needs to verify their email address and phone number when they register with Bitcoin Edge. Users can only enable live trading once they register their account and pay the deposit amount.

When users are paired with a broker, they need to complete a KYC questionnaire. This includes proving your identity and home address. Users will need a passport or driving license to complete the KYC process. They may also require additional financial information.

Bitcoin Edge - Visit now

Extra Information

Educational resources

Bitcoin Edge does not offer many educational resources to inform your trading strategy. There are no blogs or articles available on the website. Bitcoin Edge has some information about Bitcoin’s potential and a small FAQ section. However, there is no other information or even a contact form for potential users to get more information.

Tools and charting

Once you become a Bitcoin Edge user, you can access various charts and tools to develop a comprehensive trading strategy and choose your own parameters. Every partnered broker offers CFD trading instruments. The platform reportedly uses trading algorithms and APIs to make trades, eliminating the need for many manual tools.

Customer support

Bitcoin Edge users can speak to their broker representative by phone or email. However, some traders have had difficulty speaking to an advisor about withdrawing funds. In addition, there is no customer support option available on the website.

How to get started with Bitcoin Edge

Follow the steps below to create an account and trade with Bitcoin Edge.

  • Step 1 - Create a Bitcoin Edge

Head over the Bitcoin Edge website, find the sign-up form, and input your details. Users need their name, email address, and phone number to create an account.

  • Step 2 - Speak to your Bitcoin Edge advisor

Once you’ve created an account, you’ll be contacted by an advisor to complete your registration. You’ll need certain KYC documents to complete this step.

  • Step 3 - Add funds to your wallet

Once you have passed the KYC process, you’ll need to add $250 to your account. This will be held in your broker wallet and used to make the first trade.

  • Step 4 - Try the demo account

If you are new to trading bots, play with the demo account until you feel comfortable on the site.

  • Step 5 - Set parameters or enable live trading

Once you know how the site works, make your first trade. Users can either enable live trading or select custom parameters so Bitcoin Edge knows your preferred trading strategy.

Get Started today with Bitcoin Edge

Is there a Bitcoin Edge alternative?

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

Crypto RobotMinimum DepositRead our review
Immediate Edge$250Read our Immediate Edge review
Centobot$250Read our Centobot review
BitAlpha AI$250Read our BitAlpha AI Review

Final thoughts on Bitcoin Edge

Bitcoin Edge allows users to set their own trading strategy and enjoy a user-friendly interface. While many online reviews back up Bitcoin Edge, these claims are most unsubstantiated and promise potential profits without any proof. There are no false promises on Bitcoin Edge itself, but many others across dubious crypto review sites.

Trading bots are very risky. Users should not expect any proper profits overnight, especially if they are new to trading. If you enable live trading without setting parameters, you can easily lose all your deposited funds.

Bitcoin Edge users should also take care if trading with leverage. Try the demo account first to figure out a trading strategy and learn how much you can make or lose with leveraged trades. Make sure you research the crypto market regularly and follow professional insights from independent experts rather than trust Bitcoin Edge to make trades on your behalf.

Stephen Ngari

Stephen Ngari

Stephen is a seasoned crypto and fintech specialist with industry experience. Having worked in tech, helping people send money globally and rollout solutions, he understands the impact that tech like blockchain brings to real world issues. He is passionate about crypto, writing and basketball.