What is Bitcoin Profit?
Bitcoin Profit is an automatic trading software that claims to make people money by buying and selling cryptocurrency at the right time, offering a win-rate of supposedly up to 92%.
The Bitcoin Profit app, also known as a bitcoin robot, uses a complex algorithm to detect market trends. These ‘signals’ are used by the most experienced traders to open and close buying and selling orders automatically. The Bitcoin Profit software completes this whole process on auto-pilot, making it beginner friendly.
You’ve probably heard about the Bitcoin Profit after seeing a Facebook ad claiming it’s made people rich. You may have also heard that the app was featured on some program such as This Morning and Shark Tank, and trusted by famous business men such as Peter Jones and Richard Branson.
In our Bitcoin Profit review, we look at whether Bitcoin Profit is legit and how it works.
Try Bitcoin Profit, the most popular auto trader in 2019!
- 92% Claimed win-rate
- $/£ 250 Min Deposit
- Accepts Debit and Credit Card
How to Place a Trade on Bitcoin Profit
Just like other similar Bitcoin robots, with BTC Profit it’s fairly simple to place a trade.
Follow these steps below to sign up, and learn how to make your Bitcoin Profit login and get started:
Firstly, click here to open your account with Bitcoin Profit. You will need to fill out their registration form with basic information including first and last names, e-mail address, and phone number. For your password, remember to put a word or code that is only known by you, that is easy to remember but at the same time difficult to be discovered. Once you’ve created the account, you will be assigned a broker automatically. This broker is the one your Bitcoin Profit software will be performing the trades with. In order to begin trading, you need to add funds to your broker account.
Once you’ve selected the option to deposit, you will be taken to the your selected broker’s website. It’s just an interstitial pop-up that’s open inside the Bitcoin Profit’s platform, which means you won’t have to browse all the way back to find your way inside their platform.
The minimum deposit is of $250. The payment methods accepted are many, including Skrill, MerchantPay, GiroPay, SafePay, Visa and Master Credit and Debit cards. It’s true that the more money you invest, the higher your payouts and profit could be. To begin, we recommend making a moderate investment of $250 until you familiarise yourself with the platform.
3. Demonstration account
You can try the demo account either before or after the initial deposit. Once you’ve selected the demo mode, you will be taken to an initial tour, so you can learn more about every functionality of the platform so you can trade bitcoin even if you’re a beginner.
On your test account, you receive a total balance of $1,500 to start the auto trade mode. It’s very simple, and you don’t need to fiddle with any of settings. Simply click on auto-trade ‘ON’, and the software will begin trading the pairs automatically.
4. Live account
Once you’ve familiarised yourself with the Bitcoin Profit platform, and you’re ready to start try the live mode, all you have to do is click on the switch that reads Push ‘Auto Trade’ to start on the dashboard screen.
On the dashboard is where you can check your Trade history, deposit additional funds, open trades, withdraw your profits, and change the settings. Bitcoin Profit trades with many pairs, including BTC/USD, ETH/USD, XRP/USD, LTC/USD and Crypto/Crypto as well. The cryptocurrencies available in the platform are Bitcoin, Ethereum, Ripple and Litecoin.
To begin your auto-trading, simply choose the amount you want to spend in every trade, the number of trades, and any limits you may want to set like Stop Loss or Take profit. After you’ve chosen the settings and configured the software, you will be ready to activate Bitcoin Profit and start trading.
Try Bitcoin Profit, the most popular auto trader in 2019!
- 92% Claimed win-rate
- $/£ 250 Min Deposit
- Accepts Debit and Credit Card
Do I need a Bitcoin wallet in order to trade with Bitcoin Profit?
Bitcoin wallets are not needed to trade with the software. The reason for that is because the software does not buy actual Bitcoins – it trades cryptocurrency and claims to profit on the winning trades. This makes it a very convenient tool as the set up is very minimal, and you also avoid the risk of having your funds hacked.
Bitcoin Profit: Key Features
The robot claims that on average, users earn at least $1,300 on a daily basis. Even though you may not earn such high amounts at first, some users have reported to make high profits, part of which they have reinvested to increase their balance.
To sign up you will need some personal information, including your email address and phone number. Once you have created an account all you will need to do is deposit funds into your account. To do that you simply have to provide your payment details, but no ID or utility bills. It really is as simple as that.
You can make a withdrawal at any time of the day and you can be sure that it will be processed within 24 hours. In the remote case that does not happen, do not worry, because it could take up to three days. There are robots on the market that take 10 days to process a single withdrawal.
The only fee you should be aware of is that Bitcoin Profit plans to keep only 1% of your profits. That is how the platform makes profit. That is a very small amount considering that other robots have ridiculously high commissions and fees to make profit.
The testimonials and stories shared on their website show that Bitcoin Profit has the potential to change lives. If you’re a new investor and do not know how to trade Bitcoin, Bitcoin Profit can definitely help you. Because the software handles all the trades for their users you don’t need much experience to trade with it. However, note that due to a lot the volatility with the cryptocurrency market, the team behind Bitcoin Profit recommend their users to invest 20 minutes of work per day, and let the software run automatically asides from that. The amount of work required of every user is minimal.
You can contact customer support at any time of the day or the night. There is staff available 24/7 and you may contact them via email. We contacted them to conduct our test and they were very professional and friendly and responded within an hour. Hopefully though, you will not be needing any support.
Like all crypto trading robots, with Bitcoin Profit your money is used to trade with online brokers. So basically your investments on assets are placed through brokers. These are regulated and secure so you should worry about this aspect.
Is Bitcoin Profit Scam or Not?
It’s no secret that everyone is looking for the perfect way to make money online. With the word spreading around trading robots, this is no exception. While some robots claim to be able to generate thousands per day, not all of them stand up to the best. BTC Profit claims to be one of the robots with the highest conversion rate in the wide selection of automatic trading tools, just like CryptoSoft and The Bitcoin Code software. If you’ve been scouring the web for reviews about this robot you will find that the search “Bitcoin Profit Scam” is very popular. However, after having reviewed the software in detail and read user testimonials and reviews, it seems that there is a very positive opinion of Bitcoin Profit online. We have tested the software and we have found that it appears legitimate and fully working. Read on to find out everything you need to know about this software and whether it’s worth investing in.
Bitcoin Profit Versus other Robots
|Bitcoin Profit||Other bitcoin robots|
|Bitcoin Profit is one of the most popular and well-reputed robots because of its reported success of around 88%.||Many robots have hidden fees and leave the trader with little or no profit at the end of trades.|
|Bitcoin Profit requires users to deposit a minimum of $250 to start trading.||Other robots tend to require higher sums, which pushes new users to take higher risks.|
|Bitcoin Profit offers a wide variety of digital coins that users can choose to trade with or without.||Most trading robots offer a very basic choice of assets.|
|Bitcoin Profit uses regulated and/or reliable online brokers.||Some platforms channel funds through unreliable brokers, risking users’ funds by investing them on the platforms supported by such broker.|
|The trading platform is suitable for all kinds of users, both beginners and experienced.||Trading platforms on other robots can often be perceived by beginners as too complex or by professionals as too simple.|
Can You Make Money With Bitcoin Profit?
The software claims it can generate good profits. Just like the other users that have left their testimonials in their website, the platform was easy and simple to use when we tested the demo. Although we didn’t commit as much as the serious investors, we did make automatic trades on the demo. Bitcoin and other crypto assets are highly lucrative, but also have a very high risk due to their volatility. Using a tool like Bitcoin Profit or Bitcoin Revolution can be helpful for new and experienced traders who may wish to invest in cryptocurrencies but do not have the time for manual trading. Below, we will share some tips on how to make the most of your Bitcoin Profit subscription:
- Start Small. You should start with a small investment to get yourself familiarised with the software. We recommend starting with the minimum deposit required of $250. Once you start making profitable trades, then you can choose to invest a little more to make higher payouts.
- Withdraw Your Profits. Don’t forget to withdraw your profits when you invest with Bitcoin Profit. Remember though to always reinvest some of the haul earned, to continue earning more and more.
- Follow the Expert’s Advice. You should definitely mix up a little bit with other settings and strategies from users who have tried the software themselves. Reading about Bitcoin Profit on other blogs and watching videos on Youtube could help you to find the best settings for this robot and to make the most of your account.
- Only Invest What You Can Afford to Lose. That’s right, you should only invest additional money that you are willing to risk. Investing in cryptocurrencies has a high risk due to volatility. You will find lurking on the web reviews of users who have invested a lot of money into Bitcoin Profit, but didn’t get the results expected. This is completely normal in such a volatile market like cryptocurrencies.
Why Trade with Bitcoin Profit?
There are many trading bots available in the market, and some claim to have extraordinary conversion and performance rate. The problem is that you will always find a feature that doesn’t make other robots as good as Bitcoin Profit. In comparison to other bitcoin robots, here’s what Bitcoin Profit brings to the table:
- Bitcoin Profit has an intuitive and user friendly platform. Needless to say that this is one of the features that makes Bitcoin Profit stand out from the crowd. The software works with a very complex algorithm, but the user experience is simply one of the best ones out of every platform tested by Inside Bitcoins. It’s very easy to set up the software, and have it up and running in no time.
- Bitcoin Profit claims to have a high success rate on its trades. Another major difference between Bitcoin Profit and other platforms is the amount of trades that are placed. Basically, the reason why the software claims to have a high success rate of 90% or more is because of the concurrent trades being placed with shorter investments. Out of a $250 deposit, it could place many concurrent trades of as little as $25 USD each.
- Demo account and tutorials. Inside the platform, you can create a demo account to get yourself familiarised with the software and its functionalities. If you access your mirror account, an account that is created with the broker at the same time you register on Bitcoin Profit, you can access many tutorials and tips on trading and educate yourself in their educational section.
- Responsive and dedicated customer support. Another strong point for Bitcoin Profit is their customer support. You can engage one of their customer experience representatives any time from your dashboard screen, or on the homepage. The fastest way to do so is via live chat.
Has Bitcoin Profit Been on TV?
Bitcoin Profit has not been advertised on TV. The reason for that is because they have recently completed their open beta platform, and their exclusive selection process for accepting new users is on a first come, first served basis.
Although Bitcoin Profit seems to be one of the best automatic trading platforms out there, it has never appeared in Dragon’s Den. There are, however, a lot of images and fake news spread around the internet that indicate otherwise.
The same goes for Shark Tank. Despite the rumours spread by fake news and online images, Bitcoin Profit has never appeared on the popular TV shows. These websites are usually just trying to deviate the serious investors on their path of choosing a platform like Bitcoin Profit.
There are rumours that link Bitcoin Profit to the UK TV show “This Morning”. We have analysed the images that are circulating on the web, and we haven’t found anything that looks legit, or any episode that has Bitcoin Profit being featured on This Morning.