Bitcoin Motion is a program that automates trades by initiating and closing trade orders on your behalf. Users identify their desired profit ratios and level of risk. The AI analyzes data inputs from the cryptocurrency market to find potentially profitable trades and executes those transactions on its own.
Bitcoin Motion’s auto trading concept means you do not need to analyze the market yourself. This is beneficial for new and experienced traders looking to boost their crypto income.
Pros and Cons Of Using Bitcoin Motion
Pros
Cons
Bitcoin Motion Markets, Assets, and Options
What Assets And Products Can You Trade Using Bitcoin Motion?
Bitcoin Motion supports nearly two dozen cryptocurrencies, including BTC, ETH, and ADA. The robot also supports niche cryptocurrencies like SHIB.
The full list includes:
BTC
ETH
ADA
ALGO
AVAX
AXS
CRO
DAI
BCH
BNB
BUSD
DOGE
MATIC
SHIB
SOL
TRX
DOT
LINK
LTC
LUNA
USDC
USDT
WBTC
XRP
What Leverage Trading Options Are There?
Bitcoin Motion offers leveraged trading of up to 4x on your minimum deposit ($250). The robot offers higher profits, but leveraged trading is risky. Users should only trade with leverage if they understand the risks and can afford to take them.
What Are The Spreads?
There is currently no information online regarding Bitcoin Motion’s spreads. Most robots have varying spreads that change with market fluctuations.
Fees, Limits, And Payment Options On Bitcoin Motion
How Much Does Bitcoin Motion Cost?
Bitcoin Motion does not have any registration fees or subscription costs. However, users are required to pay a flat deposit of $250 when they sign up to place their first trades. This deposit is non-negotiable.
What Are The Payment Methods Accepted By Bitcoin Motion?
Bitcoin Motion is an automated CFD trading robot. As such, Bitcoin Motion only accepts fiat currency payments. There is no information regarding payment method charges. These charges will vary depending on the assigned broker. Users may also be charged by their bank.
Currently, Bitcoin Motion accepts:
Bank transfer
Credit card
Debit card
Does Bitcoin Motion Also Charge Fees And Commissions?
Bitcoin Motion states that there is a small commission on profits to cover its cost. However, there is no information on whether this includes broker commissions.
Bitcoin Motion Trade Sizes And Limits
Bitcoin Motion sets a minimum deposit of $250 when users create a new account. However, trading limits depend on your assigned broker. Many brokers set very low minimum trade limits. Check with your individual broker to find out more.
Bitcoin Motion Platform
How Does Bitcoin Motion Work?
Bitcoin Motion’s AI technology generates trading signals by continuously tracking the cryptocurrency market. However, the robot uses a series of brokers to execute buying and selling orders for users. The AI decides which trades will take place and then relays those orders to CFD brokers across the network.
Bitcoin Motion does not have any human interaction once users set their order parameters. User choices go through APIs which execute the trades, greatly reducing trading time.
What Devices Can I Use Bitcoin Motion On?
Bitcoin Motion does not have a mobile app. The robot is only accessible via a web browser like Safari or Chrome. However, you can access the platform on numerous devices. These include:
Desktop or laptops
Tablets
Android devices
iOS devices
Please note: Bitcoin Motion may not run smoothly on mobile-based browsers.
What Exchanges And Brokers Does Bitcoin Motion Partner With?
Bitcoin Motion does not mention any specific partnered brokers. However, the website states:
“If required, Bitcoin Motion uses regulated brokers to help optimize your portfolio.”
When using Bitcoin Motion, make sure your paired broker is regulated by the relevant body. Regulated brokers require proof of identity (passport or driver’s license) and sometimes proof of income. Regulated brokers ensure your data is protected as well.
Can I Use Bitcoin Motion In My Country?
Users can access Bitcoin Motion in any country that accepts cryptocurrency trading and CFD trading.
These countries include:
UK
Germany
France
Netherlands
Bitcoin Motion is prohibited in the USA due to the strict CFD laws. Also, Bitcoin Motion is unavailable in China (where cryptocurrency is prohibited) and a few other countries.
Is Bitcoin Motion Available In My Language?
Bitcoin Motion is available in three languages:
English
Dutch
German
Select your preferred language from a menu at the bottom of the homepage.
How Easy Is It To Use Bitcoin Motion?
Bitcoin Motion is an easy-to-use robot thanks to its automated trading features. Users can enjoy CFD trading with no prior knowledge of crypto trading; you only need to input your leverage level, stop losses, trading times, etc.
Users can use different charts to inform their decisions. However, Bitcoin Motion incorporates those charts into its trading decisions for you.
The platform has a personal account manager to guide you through any account issues that may arise.
Keep in mind that automated trading bots are notoriously unreliable. You should proceed with caution and only risk what you can afford to lose.
Key Features
Bitcoin Motion offers numerous features to help users place orders and enjoy CFD trading. Functions such as customer support, SSL security, and an intuitive dashboard make Bitcoin Motion an appealing automated trading service. Some of the top key features include
User-friendly Interface
Bitcoin Motion is designed to work for traders of all experiences. Whether users are new to CFD trading or if they have been trading for years, Bitcoin Motion’s user-friendly interface provides a service for a wide range of traders.
Accounts Manager
Once users create an account, Bitcoin Motion pairs them with account managers who guide them through the registration procedure and answer any questions the user may have about Bitcoin Motion’s service.
Demo Trading
Bitcoin Motion also offers a demo account so users can get to grips with the trading robot before using any real money. Users can see for themselves whether their trading strategy stands to make a profit.
Security And Regulation
Is Bitcoin Motion Legit?
Bitcoin Motion makes many claims that users can make massive profits through its automated trading service (as much as $1,500 a day in some cases). The website showcases users who have made substantial profits.
However, we could not verify any of these claims. In addition, the disclaimer at the bottom of the pages states that most investors will lose money and that CFD trading is a risky endevour.
Bitcoin Motion may be profitable for some people, but users should do their own research before trading with this particular robot.
Is Bitcoin Motion Safe?
Bitcoin Motion offers a comprehensive level of security, using SSL encryption, BitGo, Norton, and McAfee to protect users from viruses, phishing, and theft.
In addition, Bitcoin Motion claims to use regulated brokers. If this is true, those brokers must follow financial regulations to stay in business, meaning users’ funds are financially safe and more protected than with unregulated services. However, we were unable to verify how many regulated brokers are partnered with this robot.
Am I and My Money Protected?
When using automated trading platforms like Bitcoin Motion, keep in mind that these robots do not hold your funds. Instead, your deposit is passed to a broker who receives signals from the robot to place trades using APIs.
Therefore, all funds will be deposited into a wallet on the broker’s platform. Those funds are subject to the broker’s specific protocols and security regulations. If you require more information, consult your paired broker.
Is Bitcoin Motion Regulated?
There is no information on whether Bitcoin Motion is regulated by any local regulators in any jurisdictions. However, certain partnered brokers may be regulated. For more information, consult the broker platforms themselves.
Do I Have To Verify My Account With Bitcoin Motion?
Yes. All users must verify their accounts before they can trade with Bitcoin Motion. When users sign up, they must provide their name, contact number, and email address. A member of the Bitcoin Motion team will then be in touch to finish the registration process.
Bitcoin Motion does not require any more information, but users will need to provide proof of income and a government-issued photo ID to comply with the partner broker’s KYC requirements.
Extra Information
Educational Resources
Bitcoin Motion does not have many educational resources on its website. However, there is a limited FAQ at the bottom of the home page. Bitcoin Motion does have a team of account managers who are on-hand to ensure account holders use the platform correctly.
Tools And Charting
Bitcoin Motion users have access to numerous cryptocurrency charts to analyze crypto value trends before they set their trading parameters. Users can also access Bitcoin Motion’s feed to the hottest cryptocurrency and CFD news from around the world, keeping them informed of any crypto developments.
We recommend users keep up to date with their preferred cryptocurrency to make more informed trades.
Customer Support
Bitcoin Motion has a group of account managers available 24/7. Online user reviews claim the service has been useful when answering their queries. That being said, we were unable to verify the authenticity of these reviews.
Additionally, there is no customer support contact form on the website
How To Get Started With Bitcoin Motion
If you want to become a Bitcoin Motion user, follow these steps:
1) Register For An Account
Go over to the Bitcoin Motion homepage and add your details to the sign-up form. You will need to provide your full name, email address, and phone number.
2) Speak To An Advisor
You will then need to speak to an advisor to complete your registration. This may involve a KYC process (proving your identity, address, income, trading knowledge, etc.) but that depends on your paired broker’s registration protocol.
3) Deposit Funds Into Your Account
Follow Bitcoin Motion’s instructions to deposit the minimum amount of fiat currency into your account. Keep in mind all users must pay $250 to start trading with Bitcoin Motion.
4) Use The Demo Account
If you are new to Bitcoin Motion, use the demo feature to figure out how the robot works. Practice your trading technique and judge the likelihood of profits before risking your funds.
5) Initiate Your First Trade
Once you are comfortable with Bitcoin Motion, make your first trade. Input your trading criteria and let Bitcoin Motion’s APIs deal with your broker to make the best deals for you.
Final Thoughts On Bitcoin Motion
On the surface, Bitcoin Motion promises to be an easy way into the cryptocurrency market for inexperienced traders and seasoned veterans alike. The company claims to react quicker than humans, which is the key to its users’ success. Bitcoin Motion also claims that users can make up to $1,500 per day. However, it does not state how much investment is needed to make those profits.
While the advanced AI may seem appealing, we recommend extreme caution whenever using an auto-trading robot. When in doubt, create an account and use the demo account to see whether those bold claims stand up. In addition, you should conduct your own research into the crypto market and set your parameters based on those findings.
Bitcoin Motion concedes that 70% of users will lose money through auto trading. Therefore, we recommend only trading what you can afford to lose. Also, we recommend dealing with regulated brokers directly if you want to try CFD trading and to exercise caution when trading with leverage. Robots like Bitcoin Motion may make trading easier for beginner traders, but you should broaden your cryptocurrency trading knowledge before joining any service.
