What Is Bitprime Gold?
Bitprime Gold is reportedly an AI-powered robot that automatically executes trades on behalf of cryptocurrency traders. It claims to use algorithms and trading signals to identify trends that could potentially be profitable. Once it figures out the best entry position, it will automatically deduct funds deposited into your trading account and open a position.
Note that Bitprime Gold claims to have a winning rate of 95% on the trades it opens. You can use it to trade Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and Ripple. If you are new to the cryptocurrency market and wondering if it could be a viable option, do not fret because the bot was developed with newbies in mind. It is user-friendly, has a modern design, and is customizable to maximize your experience.
While you do not require previous experience with trading robots to use Bitprime Gold, it is crucial to have extensive knowledge about this bot for maximum profitability. Also, do not completely rely on Bitprime Gold to manage your investments.
Always conduct thorough market research and analysis, and create time to monitor your cryptocurrency trading activities to remain in control.
Bitprime Gold Overview
|🤖 Robot Type:||Bitcoin Robot|
|💸 Minimum Deposit:||$250|
|✅ Is It a Scam or Legit?||Legit|
|🚀 Claimed Win Rate:||95%|
|💰 Trading Fees:||None|
|💰 Account Fees:||None|
|💰 Deposit/Withdrawal Fees:||None|
|💰 Software cost:||$0|
|⌛ Withdrawal Timeframe:||24 hours|
|#️⃣ Number of Cryptocurrencies Supported:||5|
|💱 Supported Cryptocurrencies:||BTC, ETH, BCH, XRP, LTE|
|💲 Supported Fiats:||USD, EUR, AUD, CAD, YEN|
|📱 Native Mobile App:||No|
|🖥️ Free Demo Account:||Yes|
|🎧 Customer Support:||Yes|
|✅ Verification required:||Yes|
|🔁 Automated Trading:||Yes/No|
|📈 CFD Available||Yes|
Bitprime Gold Pros and Cons
Who is The Bitprime Gold Owner?
Based on our thorough research, our findings indicate that Bitprime Gold does not have a specific single owner. Instead, BitPrime Gold was created by a team of computer scientists and traders with vast experience in derivatives trading. The developers started by studying the highly dynamic cryptocurrency market to develop trading strategies that were reportedly automated into algorithms.
Note that Bitprime Gold algorithms are claimed to be evaluated and updated regularly by its owners. This, along with partnering with world-renowned brokers, is done with the aim of ensuring that traders get to benefit from BitPrime Gold regardless of market conditions.
Getting started with Bitprime Gold
You must be wondering how to get started with Bitprime Gold to potentially succeed in your activities. Although we will get into more in-depth information later in this guide, here is a brief and quick overview of how to start using BitPrime Gold and start trading.
Learn How Bitprime Gold Works
Take your time and get informed as much as possible before signing up for a trading account.
Register an Account
Bitprime Gold allows you to register for a trading account free of charge. You will only make the required minimum deposit of $250, and you are good to go.
Once a broker integrated with BitPrime Gold confirms your deposit, you will then customize it to start trading.
Bitprime Gold Markets, Assets, and Options
What cryptocurrencies and products can you trade using Bitprime Gold?
Bitprime Gold is specifically tailored to assist traders in the cryptocurrency market. It lists more than 5 cryptocurrencies, all of which you can also trade as CFDs. With CFD trading, you will not own the assets, but rather speculate on their price movements. Based on your strategy, you will either make profits or losses.
That being said, here are the top cryptocurrencies you will have access to when using Bitprime Gold.
Bitcoin Cash (BCH)
Besides top cryptocurrencies, Bitprime Gold also supports various fiat currencies, including the USD, EUR, GBP, AUD, YEN, CAD, and more. You can always contact BitPrime Gold if you would like to learn more about featured fiat currencies. Unfortunately, traders venturing into other assets like stocks and forex cannot benefit from Bitprime Gold.
What leverage trading options are there?
Since Bitprime Gold allows traders to trade CFD assets, you get to apply leverage of up to 5000:1, which is more than what other cryptocurrency trading robots offer. Trading leverage with Bitprime Gold eliminates human bias.
Also known as margin trading, the application of leverage is a highly risky strategy in CFD trading. You will trade with more than your investment capital, which will maximize your profitability. However, remember that you can also lose the funds, leaving you with huge debts to pay.
That being said, you need to conduct thorough market research and analysis before applying margin trading in your activities. Additionally, trade with an amount you can easily pay back in case you lose a trade.
What are the spreads?
Bitrpime Gold doesn't charge spreads for automating your cryptocurrency trades since it is free for usage. However, you will pay a 2% commission on the profits you make from using the tool. Moreover, BitPrime Gold is integrated with regulated brokers, most of which will charge you spreads for their services. Therefore, make sure you confirm a broker’s fee before making a commitment. Luckily, most cryptocurrency fees incurred through brokers are low, and we believe they will fit your budget.
Fees, Limits, and Payment Options On Bitprime Gold
How Much Does Bitprime Gold Cost?
Installing Bitprime Gold and creating a trading account is free. In addition, there are no subscription and transaction charges. All you need is a minimum deposit of $250 to get started. Typically, regulated brokers also do not charge sign-up fees. Therefore, in case you meet a trading platform charging account opening fees, you may want to rethink its credibility.
Note that Bitprime Gold has a demo and live trading account. Let’s understand what each account is meant for and how they can help in streamlining your cryptocurrency investments.
Demo Account: Demo trading account is a risk-free account you can use to test Bitprime Gold and see if it suits your trading style and requirements. You do not need to use real money on this account since it is loaded with virtual funds. However, you won't access the live markets.
Live Account: This account lets you in on the live markets where you will use real money to trade cryptocurrencies. Here, there are trading risks, and without solid strategy and caution, you can lose your money in the process.
Keep in mind that to access a demo or live trading platform, traders must sign up for the trading platform and create a trading account and make a deposit of $250. Of course, there are deposit bonuses, which vary from time to time. Therefore, always be on the lookout for such bonuses to enjoy your experience.
|💸 Minimum Deposit:||$250|
|💰 Trading Fees:||2% commission on profits earned|
|💰 Account Fees:||None|
|💰 Deposit/Withdrawal Fees:||None|
|💰 Software cost:||$0|
|💰 Subscription cost:||None|
What are the payment methods accepted by Bitprime Gold?
Bitprime Gold accepts various payment methods for making deposits and withdrawals. As a cryptocurrency trader, it is crucial to confirm if the bot accepts your preferred transaction mode for the best experience. There are no transaction fees for using these methods.
That being said, here is a list of all payment methods accepted by Bitprime Gold.
Mastercard, Maestro, and Visa
Bitcoin if you own
E-wallets like PayPal and Neteller
Keep in mind that some payment methods complete transactions faster than the others. Therefore, regardless of the mode you use to make deposits and withdrawals, it will take upto 24 hours to complete a transaction.
Does Bitprime Gold Also Charge Fees and Commissions?
One thing we like about Bitprime Gold is its transparency with fees and commissions. Based on the information we gathered from its website, you will not incur deposit or withdrawal fees. There are also no spreads but commission, which is 2% for every profit made in a trade. This means that you will not pay a commission in case of a loss.
Remember, since Bitprime Gold is integrated with brokers, you might be charged some fees by the brokers. In this regard, ensure you understand all the costs that come with trading with trading platform and ensure they fit your budget.
Bitprime Gold Trade Sizes and Limits
Bitprime Gold doesn't specify the maximum trade limit you can make while using it. The only limit available is the minimum deposit of $250, and the trade size will depend on the amount of capital you put in.
How Does Bitprime Gold Work?
Bitprime Gold reportedly works by using algorithms and trading signals to manage cryptocurrency positions on traders’ behalf. BitPrime Gold claims to study the market to identify trends that could potentially be profitable, predict prices, and use the already deposited funds to open positions and track them till the exit points.
For you to get started using Bitprime Gold, you need to download and set it up based on your skill level. This procedure is free of charge and pretty straightforward. Remember, BirPrime Gold partners with regulated brokers, these brokers will differ per country. In this case, ensure the brokers fit all your cryptocurrency needs.
Bitprime Gold claims that one of its key features is advanced machine learning that quickly scans the market, so you never miss out on any trading opportunities. They say this has a win rate of 95%, but you should urge caution on claims such as these.
What Devices Can I Use Bitprime Gold On?
BitPrime Gold is web-based, meaning you can only use it on browser-enabled devices. Unfortunately, BitPrime Gold doesn't have a mobile trading app. Here are the browser-based devices you can use this trading platform on;
Desktops and laptops
Android and iOS smartphones
Although BitPrime Gold can work seamlessly on the above devices, you need a fast and stable internet connection to enjoy your experience.
Can I Use Bitprime Gold in My Country?
Although Bitprime Gold is a relatively new robot in the cryptocurrency space, it is widespread and accepted in over 100 countries. Remember, there are some countries that do not allow cryptocurrency trading. Therefore, it is important to confirm whether cryptocurrency trading is legal in your country before considering it. Good examples of countries allowing cryptocurrency trading include;
|Country||Is Bitprime Gold Available?|
|United Arab Emirates||Yes|
Is Bitprime Gold Available in My Language?
Bitprime Gold’s language coverage is vast, and below, we list the top four common ones across various regions globally.
You can select your preferred language on the bot’s menu to trade.
How Easy is it to Use This Trading Platform?
Bitprime Gold has automated features that streamline your activities. It is user-friendly with an intuitive design, thus attracting excellent reviews from users on platforms such as Trustpilot. Based on our analysis, BitPrime Gold is beginner friendly, and you do not require previous experience with trading robots to use it. This is because the tool does most of the trading tasks, and all you need is to keep track of your positions.
Traders do not need expert advice to create a trading account with Bitprime Gold since the procedure is pretty straightforward. However, we advise you to always stay in control of your trading activities. This is because, like humans, robots are never 100% accurate, and they may miss out on opportunities, or negatively impact your trading activity. So, conduct research to develop trading strategies and use risk management controls like stop-loss and take-profit orders to minimize losses and lock-down profits.
To benefit fully from BitPrime Gold, it is advisable to learn how it executes traders before putting up your money. This is quite easy when using its demo trading account since it is a version of the live account. So, explore Bitprime Gold’s features and ensure its asset offerings suits your needs and skills.
How Much Profit Can You Make Using Bitprime Gold?
Based on information from Bitprime Gold’s website, the robot is allegedly one of the best-performing algorithmic systems in 2022. Its outstanding services have attracted excellent testimonials from traders, thus attracting more individuals willing to automate their investments.
Note that it won't be easy making profits with Bitprime Gold, especially if you have limited knowledge about it and the cryptocurrency market operations. So, if you want to earn profits, ensure you analyze an asset’s market and develop a solid strategy. This way, you can start to learn to identify trends and have a more hands on approach to managing your account.
We understand that some traders may wonder whether they need to pay tax on profits from Bitprime Gold. Well, while cryptocurrency trading is not regulated, profits made from the activity must be reported to the IRS/HMRC. The amount of tax per earning will depend on your country’s regulations. Therefore, ensure you confirm this before venturing into the cryptocurrency market.
Key Features of Bitprime Gold
Like any other robot in the cryptocurrency space, Bitprime Gold features various elements that set it apart from the rest. For instance, it has a claimed win rate of 95%, hosts a demo account, conducts fast withdrawals, and is user-friendly for newbies. Here is an overview of its key features to help you understand why it is a viable option for managing your crypto investments.
No Experience Required
Beginners in the world of cryptocurrency do not need to worry about using Bitprime Gold since it is user-friendly. This also means that you do not need to have previous experience with trading bots to use it.
Some cryptocurrency trading robots take days to complete withdrawals, but Bitprime Gold excels in this category. The maximum duration to withdraw funds from your trading account is 24 hours, keeping you on top of your activities.
Claims Success Rate of 95%
Once Bitprime Gold is activated, it can trade the cryptocurrency market 24/7. This means that your chances of missing out on potentially profitable opportunities are limited. With its excellent features, BitPrime Gold claims to have a 95% success rate, thus setting it apart from other cryptocurrency trading robots.
Note that we could not verify this claim, and your results will vary depending on the market conditions. Remember, cryptocurrency trading itself is risky, so always remain cautious.
Bitprime Gold has a demo account, thus saving you the stress of putting up your money into it without understanding how it works. With this account, you can evaluate its performance and customize the bot’s parameters to suit your style. Once you see if it meets your trading requirements, you can then invest real money in its live trading account. Remember, to access Bitprime gold’s demo account, you need to sign up for it and make the $250 deposit per the bot’s requirement.
Trading With Bitprime Gold: Security and Regulation
Is Bitprime Gold Legit?
Based on our review so far, Bitprime Gold doesn't seem to be a scam. For instance, online testimonials from trusted platforms like Trustpilot positively recommend the robot. Also, BitPrime Gold is integrated with brokers regulated by tier-one authorities such as the FCA, CySEC, and ASIC, thus proving its credibility even more.
Being BitPrime Gold legit doesn't mean that it should execute trades successfully. Sometimes, you can lose money with the bot, especially if you do not conduct the necessary due diligence before using it to manage your positions. Furthermore, BitPrime Gold is legal to use but only in countries that legalize cryptocurrency trading. Simply put, there are no laws or rules preventing traders from using the robot.
Is Bitprime Gold Safe?
We couldn't find any information indicating that Bitprime Gold is unsafe to trade with. There is no history of traders’ funds being stolen nor cases of hacking on the trading platform. Based on this information, we believe that the robot is safe to trade with. Moreover, it complies with GDPR’s stringent regulations and is highly encrypted to secure traders’ data.
Am I and My Money Protected?
Bitprime Gold is not responsible for your funds’ safety since it doesn't store them. You only use its services to automate and streamline your trades at a 2% commission, which is only charged on profits earned. Traders’ funds are protected by brokers the bot partners with. Therefore, we advise you to contact your broker to get a concrete answer regarding this question.
Generally, the robot is deemed to be safe to trade with, being highly encrypted with the aim to protect your trades from hackers. It has also been proven to be legit, giving no reasons to worry about having your email or other personal trading platform hacked by the robot.
Is Bitprime Gold Regulated?
Bitprime Gold is not regulated but integrated with brokers - who should be regulated in the jurisdiction offered. This makes it comply with all protocols the brokers adhere to. To give you a headstart, the best brokers integrated with the robot are regulated by tier-one authorities, including the FCA, CySEC, ASIC, etc.
Do I Have to Verify My Account With Bitprime Gold?
Yes. Bitprime Gold requires all traders to verify their trading accounts before fully activating them. This is a way of keeping the cryptocurrency trading space safe and secure, thus shunning away fraudsters. The verification procedure complies with the KYC protocol, requiring you to provide a utility bill and ID card to verify your location and identity, respectively. Keep in mind that Bitprime Gold does not request traders to share sensitive or private information for their trading accounts.
How Does Bitprime Gold Work? Trading Strategies And Algorithms
As mentioned earlier, Bitprime Gold reportedly uses algorithms and trading signals to identify trends that could potentially be profitable. The system is said to be AI-powered, managing your positions more accurately than human efforts. Some of the common strategies featured include the following.
Automated Trading Tools
By reportedly automating your trades using advanced tools, Bitprime Gold aims to minimize your chances of losing a trade.
By featuring arbitrage trading, you can manage identical assets in multiple markets. However, remember this strategy is risky, and you must strategize carefully and monitor your positions to benefit.
Bitprime Gold also takes positions based on market news and expectations.
Price Trend Analysis
The crypto market is highly volatile, and Bitprime Gold claims to analyze price trends based on historical data to identify the best entry and exit points.
Extra Information About Bitprime Gold
Bitprime Gold doesn't feature any educational resources on its trading platform, whether articles, blogs, recorded videos, or webinars. You will only find a small FAQ section answering basic questions. Luckily, you can learn more about cryptocurrency trading from featured brokers. Additionally, there are alternative resources online, such as podcasts, youtube channels, and blog posts. Plus, the robot has a demo account you can use to practice what you've learned until you are confident to venture into the live market.
Tools and Charting
The robot displays various tools and charting resources to simplify your trading activities. Any trader, whether newbie or experienced, will definitely find something that complements their skill level.
Bitprime Gold has reliable customer service available 24/7 via email and live chat. Based on our analysis, the support service has been beneficial to most users. However, you must sign up for a trading account to access the services.
|Bitprime Gold Customer Support||Details|
|Bitprime Gold support email||Not available|
|Bitprime Gold support contact number||Not available|
|Bitprime Gold live chat option||Yes|
|Bitprime Gold other support options||None|
As mentioned earlier, Bitprime Gold has a demo account to test it out with before taking the plunge. This account is risk-free, and you will not use real money to explore its offerings. The demo account is already virtually funded, and all you have to do is create a trading account and deposit at least $250 to access it.
How to Get Started With Bitprime Gold
You need to download the Bitprime Gold software and set it up to get started. Below, we take you through the step-by-step procedure of opening a trading account and starting your trading journey.
Step 1: Account Registration
Step 2: Complete the KYC Process
Step 3: Start With a Demo Account
Step 4: Adjust Your Strategy
Step 5: Open a Position
How to Delete a Bitprime Gold Account?
Deleting a Bitprime Gold account is a pretty straightforward procedure. Simply access a broker’s menu and identify the remove command to complete the process.
How to Buy and Trade Cryptocurrencies With Bitprime Gold?
Buying and trading cryptocurrencies with Bitprime Gold is easy. Below, we take you through the steps to get you started.
Download and install Bitprime Gold on a broker’s trading platform of your choice.
Create a trading account by providing your personal details, including name, email, phone number, etc.
Deposit $250 per the bot’s requirements
Select your preferred asset, whether Bitcoin, Ethereum, Litecoin, etc, and identify the best entry point.
Customize Bitprime Gold to suit your needs and let it open and manage trades. Do not forget to apply risk management controls to minimize risks.
How to Withdraw Money From Bitprime Gold?
Bitprime Gold doesn't hold trading funds, and the profits you make will directly be credited to your brokerage account. Here is how to withdraw funds from a broker.
Sign in to your account
Click withdraw and choose the payment method you want to use
Complete the process and wait for the funds to be transferred to your personal account.
Note that Bitprime Gold supports various fiat currencies, and you must ensure you transact with your preferred currency. Unfortunately, the robot doesn't have a cryptocurrency wallet, and as mentioned earlier, all profits are stored on a broker’s trading platform.
Bitprime Gold Celebrity / Company Endorsements
After being introduced in the market, Bitprime Gold has attracted many traders. However, while some traders are excited about the tool and its excellent features, others are skeptical and have concerns about using it. This has brought about heated discussions regarding its celebrity endorsements. Therefore, we decided to conduct the necessary due diligence to discover if any celebrities or companies endorsed the robot.
Martin Lewis - Bitprime Gold
For instance, many individuals argue that Martin Lewis, a millionaire personal financial expert, endorsed Bitprime Gold. Since he is among the top celebrities interested in the cryptocurrency market, his opinion regarding Bitprime Gold is highly valued. However, based on our Bitprime Gold US review, we couldn't find substantial proof backing these claims.
Elon Musk - Bitprime Gold
Another celebrity believed by many to have endorsed Bitprime Gold is Elon Musk. These claims were also not true, and Elon Musk has no association with Bitprime Gold. In this regard, we advise you to focus on the information provided on Bitprime Gold’s website rather than rumors and controversies in the market.
Bitprime Gold In the News
Like celebrity endorsements, some individuals claim that Bitprime Gold has been featured in the news. Let’s take a look below at some of the media platforms believed to have covered Bitprime Gold.
This Morning Show: It is claimed that the hosts of This Morning show have endorsed Bitprime Gold. However, this is not the case, and there is no proof indicating the robot is being featured. Apparently, such claims are ways to lure investors to sign up with the robot.
CNN: CNN is one of the top media platforms, and having Bitprime Gold endorsed by it is huge. However, these claims are also not true, and any information regarding this bot’s endorsement is included on its website.
Other Bitprime Gold Reviews & User Testimonials
To give you a clear understanding of Bitprime Gold, below is how users reviewed it on Reddit and Trustpilot.
What Are The Top Bitprime Gold Reviews on Forums and Reddit?
There are both positive and negative testimonials regarding Bitprime Gold on Reddit. However, the positives supersede and negatives, making it a considerable choice for automating your trades. For instance, there are no claims regarding celebrity endorsements on Reddit. Also, the app has made no such claims.
What are The Top Bitprime Gold Reviews on Trustpilot?
We analyzed users' reviews on Trustpilot, and while there are positive reviews regarding trading using Bitprime Gold, there are also negatives. For instance, many traders loved their experience and highly recommend it. The robot is also claimed to be user-friendly and has a high win rate. However, note that we cannot verify most of these claims, and we advise you to always be careful before trading.
What to Consider When Starting With Bitprime Gold
Before you kickstart your trading venture using Bitprime Gold, there are things you must put into consideration. They include;
Take the advice of your regulated and licensed broker to trade securely
Start with a minimum deposit and add the amount once confident with your activities
Withdraw your profits early to avoid misusing them, as trading can be addictive
Check your account daily to ensure your positions are well monitored and data secured
Only invest what you can afford. You see, losses are inevitable, and you do not want to be emotionally traumatized when they occur.
Is There a Bitprime Gold Alternative?
Yes, there are many more crypto trading robots available. If you don’t want to use this robot, check out some of our other reviews:
|Crypto Robot||Minimum Deposit||Read our review|
|Bitcoin Circuit||$250||Read Bitcoin Circuit Review|
|Bitcoin Evolution||$250||Read Bitcoin Evolution Review|
|Bitcoin Lifestyle||$250||Read Bitcoin Lifestyle Review|
Bitprime Gold Review: Final Thoughts
If you were wondering whether Bitprime Gold is a scam, we hope you have cleared all the doubts and are ready to consider it in your cryptocurrency investments. The robot is relatively new in the cryptocurrency space but has managed to gain popularity among diverse traders globally. Fortunately, Bitprime Gold is user-friendly, and you do not need previous experience in the field to get started.
Remember, the cryptocurrency market is highly volatile, and you lose a lot of money if you are not careful. Also, since Bitprime Gold is not 100% when it comes to picking up trends with more profitability, ensure you develop solid trading strategies and apply stop-loss and take-profit orders.,