The cryptocurrency trading sector has quickly evolved and has even surpassed the forex and other financial markets trading scene. The massive growth and value of Bitcoin have led to several tools and software being developed to serve the needs of traders. To make it easier for crypto investors to trade cryptocurrencies and earn money, automated trading software has been developed and is easily available. The massive number of auto-trading software systems in the crypto space has, however, made it incredibly hard for traders to know which work and which are the legit ones.
One of the popular Bitcoin automated trading software is the Bitcoin Bank. The software has become a popular way for people to earn money online from trading Bitcoin and other cryptos. We will review the features of the Bitcoin Bank and determine whether this trading software is legit or a scam. Read on to find out more.
Table of Contents
What is Bitcoin Bank?
Bitcoin Bank is an automated trading software created to make it easier for people to trade Bitcoin and other cryptocurrencies. It is an online trading software that has been developed with a powerful and intuitive algorithm. Thanks to the advanced algorithm of the Bitcoin Bank software, it is able to decipher big data from the crypto market in order to find profitable trading opportunities and to ensure that traders make money from virtually all trades. As an automated trading software, the Bitcoin Bank handles various trading activities, starting from market analysis, signal generation, and even the entry and exit of trades. All these activities are carried out seamlessly by the Bitcoin Bank software and this helps traders to make a profit from trading online. The ROI of the Bitcoin Bank is up to 400%, which allows people to earn up to $1,000 in pure profits per day.
Is There a Bitcoin Bank Scam or Is It Legit?
To make it clear from the beginning, Bitcoin Bank is legit auto-trading software. Our research shows that it is one of the best and most effective software designed for trading cryptocurrencies. The Bitcoin Bank has a high return of up to 400%, which allows users to earn $1,000 in profit per day after depositing only $250.
What makes it such a profitable software is that the powerful and highly specialized computer program of the Bitcoin Bank was developed by five Wall Street gurus. The accumulated years of experience by these hedge fund managers and institutional traders played an important role in unlocking the profitability in the cryptocurrency market for both new and advanced traders.
The group first came together after the crypto boom of 2017 and they generated hundreds of millions of dollars from the market for themselves. With the size of the crypto market standing at over $300 billion, it is clear that there is still enough money for more traders to enjoy. This is why the Bitcoin Bank group decided to make their trading software and algorithm public.
The legitimacy status of the Bitcoin Bank can be strongly reaffirmed from the numerous positive and glowing reviews it has received from previous and current users. Interestingly, we did not find many previous users as it seems that anyone that trades cryptocurrencies with the Bitcoin Bank software, simply won’t let it go.
Keep in mind that the Bitcoin Bank is perhaps the only automated trading software that has a winning record of 99.99%. All the trading activities are automated, and it comes with a guide to help new traders to easily navigate the platform and start earning profits.
What makes the Bitcoin Bank even more appealing is that the software is not open to an unlimited number of users. The developers know that doing so would overcrowd the system and make it hard for users to get the returns they desire. Hence, all new account slots on the Bitcoin Bank are offered on a lottery basis. This means that if you want to sign up and join the Bitcoin Bank trading family, you need to constantly check the website to see if the registration window is open. By making it an exclusive membership platform, the Bitcoin Bank has further made a case for being a legit auto-trading software. To top it off, signing up is absolutely free of charge.
How Does the Bitcoin Bank Work?
While working to determine the legitimacy of the Bitcoin Bank software, we looked into the functions of the auto-trading system and how it works. We used the software to trade in order to enable us to study the automated trading software and how it processes market analysis and trading. From our observations, we can conclude that the Bitcoin Bank has a simple operating process, making it easy even for unskilled and new traders to invest and earn massive profits in the crypto space.
The Bitcoin Bank does not need a user to spend hours in front of their computer. The registered traders on the platform usually schedule trading sessions at the start of the day. They set up their preferred trading parameters on the system, such as the assets to trade, the amount to stake on each trade, the frequency of trades, and more. Once the user clicks the start button, the algorithm begins scanning the crypto market to identify the best trading opportunities that can earn the user profits based on their set parameters.
Once a trading opportunity is found, the software will enter the trade automatically. After earning a profit from the trade, the Bitcoin Bank software automatically exits the trade at the right time. The earned profit is then transferred into the user’s broker account. The funds can then be reinvested or withdrawn to the user’s local bank account or any other payment method desired.
The Bitcoin Bank software offers more benefits to users than when they trade or invest via the traditional cryptocurrency exchanges. This is because, on crypto exchanges, you have to pay more to store your coins on hardware wallets, something that doesn’t happen with the Bitcoin Bank platform. Also, users don’t have to waste their time conducting market research and trying to identify the most profitable trading options since the software does all of this for you. Overall, trading with the Bitcoin Bank software has so many benefits for new and advanced traders and it is an excellent way to extract real profits from the crypto market.
Pros and Cons of the Bitcoin Bank
Here are the pros and cons of using Bitcoin Bank software to trade Bitcoin and other cryptos.
How to Earn Money Using Bitcoin Bank
Earning money with the Bitcoin Bank software involves a few simple steps. It starts by opening an account with the platform and ends by trading the choice of assets and earning profits.
To start with, you need to open an account with the Bitcoin Bank. Opening a Bitcoin Bank account is free for people that manage to secure a registration slot. The remaining process is straightforward. Provide your phone number, full name, country of residence and email address on the signup form and submit the information. Confirm your email and phone number via the sent link and SMS, respectively. After this, you can set up a password for your Bitcoin Bank account. Added to your password, the website has 128-bit key encryption, and so your personal and financial information will be secure on the platform.
The second step is to confirm and verify your identity as the Bitcoin Bank is required to abide by the GDPR and other regulatory requirements. You will be redirected to the Bitcoin Bank’s partner broker page to verify your identity. The Bitcoin Bank software partners with other brokers in order to give you direct access to the cryptocurrency market via their trading platform. It is, therefore, the role of the broker to facilitate transactions and trading, which means that all deposits are made through them. As a regulatory requirement for legit brokers, users are required to verify their identity and place of residence. The fact that Bitcoin Bank only partners with regulated and reputable brokers is a big plus. Their brokers are regulated by agencies such as Australia’s ASIC, UK’s FCA, and the South African FSB.
Deposit Trading Capital
The third step is to deposit trading capital into your trading account. The trading capital is what you need to trade assets and to generate profits. Bitcoin Bank has a minimum deposit requirement of $250. The amount is affordable, and it enables users to earn a daily return of $1,000. Bitcoin Bank and its partner brokers accept multiple payment methods, which means that you can fund your account using Visa, MasterCard, wire transfer, and various e-wallets and crypto-wallets.
Before you start trading with real funds, we recommend you try out the demo account on the broker’s platform and trade with virtual funds. This allows you to test various trading strategies, understand how the platform works, and learn how to deploy the various risk management techniques before you start trading with real money. The demo account simulates the live trading scene, and you can know what to expect once you switch to the live trading mode.
The fifth step is when you actually start trading Bitcoin and other cryptos. The process is easy if you read the trading guide and learn how the platform works via the demo account. The trader sets the trading parameters of the software to fit their trading preferences and risk appetite. Some of the parameters include which assets to trade, the amount to trade per session, the stop loss and take profit orders, the risk level and more. The software then starts working for you, ensuring that it stays within the range of the risk management guidelines like the Stop-loss, Take-Profit, and Negative-Balance-Protection. It carries out market analysis, generates profitable trading signals, opens trades, and closes them when the trader has made a profit from the trading process.
After earning profits from the trades, the funds will be transferred to your trading account. From here, you can withdraw the earnings to your local bank account or any payment method you desire. As stated earlier, the Bitcoin Bank brokers support multiple payment options and allow you to withdraw funds to an account of your choice. However, if you wish to earn more profits, you should reinvest your earnings as this could boost your profits even more.
Is Bitcoin Bank Legit? Final Thoughts
Bitcoin Bank is a legit automated trading software that generates massive profits for users. It is one of the leading auto traders designed for the crypto space, and it is easy for anyone to use, even for new traders. With the Bitcoin Bank software, you can now extract maximum profitability from the exciting Bitcoin and crypto markets.