Bitcoin Digital App Review 2022: Legit or Scam? Live Results
Rumour has it that a lot of people made money by trading with Bitcoin and investing. Those that are making good money are reportedly using a trading robot known as Bitcoin Digital. For the record, a trading robot is a piece of software that automatically conducts trading on behalf of users.
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Bitcoin Digital: Review
Bitcoin Digital App is allegedly the most profitable robot in the crypto trading category. Some of its users report earning fortunes by investing as little as $250. But is Bitcoin Digital a scam or is it legit? We did background checks and have prepared this review to help you make informed choices.
All trading carries risk.
What exactly is Bitcoin Digital?
You’ve probably come across reports claiming that automation is taking over the world. According to a study by Oxford Economics, robots could take over 20 million jobs by 2030.
The power of automation is already a reality in the financial sector, where intelligent computer programs are taking over most functions. Among these functions are investment and trading. In investment, intelligent algorithms known as robo-advisors are taking over the traditional wealth management roles.
The likes of Betterment and Accenture are already managing billions of dollars of investors’ wealth. In trading, robots such as the Bitcoin Digital App are now all the rage. This platform is an algorithm designed to exclusively speculate on BTC CFDs.
The robot reportedly makes winning decisions in every 9 out of 10 trades. Consequently, with proper risk management, it’s nearly impossible to make losses when trading with this robot. As mentioned earlier, this bot has the power to earn up to $1000 daily.
Most people are sceptical about its alleged profitability at first but not until they learn about its technologies and trading conditions. We will explain this in the next section. Bitcoin Digital trades over 64 BTC CFDs pairs including popular pairs such as BTC/USD, BTC/GBP, and BTC/EUR.
Is the Bitcoin Digital a Scam? The test!
A legit trading robot must operate in transparency and have a proven track record. The Bitcoin Digital platform seems to have made all the disclosures that matter. For instance, it has listed its partner brokers and their credentials on its website.
Moreover, its pricing mechanism is also well explained. Regarding track record, this robot has reportedly won multiple awards among them the Best Performer for 2020 by the American Trading Association.
It is also top-rated on most review platforms, including ForexPeaceArmy and TrustPilot. Most of the reviewers report satisfaction with its performance. At least 90% of the reviewers confirm that it is possible to earn up to $1000 daily by investing as little as $250.
When profits are compounded, it is supposedly possible to grow a deposit of less than $500 to one million dollars in about 12 months of trading. Compounding is said to be the 8th wonder of the world given its ability to grow small investments to fortunes.
Like in any other high return investment, there is significant risk in trading with the Bitcoin Digital App. We strongly advise against committing more than you can stomach to lose. The best way to get started with this robot is to invest the minimum amount and grow your account by ploughing back profits.
This doesn’t necessarily mean that Bitcoin Digital is a scam. The robot trades on the volatility of Bitcoin, so it will guide you towards the best time to get in and the best time to get out when trading.
How does the Bitcoin Digital software work?
Bitcoin Digital is powered by both Artificial Intelligence (AI) and Blockchain technologies. The subset of AI known as Machine Learning (ML) makes it possible for the robot to learn and adjust to changing market conditions.
This means that it can maintain performance even in a changing trading environment. Moreover, the Bitcoin Digital software depends on subsets of AI of Deep Learning (DL) and Natural Language Processing (NLP) to scan the markets for tradable news.
The robot can identify news from legit sources and turn them into profitable trades 0.001% ahead of the markets. The Bitcoin Digital app reportedly beats the markets with a 88% win rate. This puts it among the best trading robots in the BTC trading category. We can understand why people would assume that Bitcoin Digital is a scam, but the win rate seems to be high because of the velocity that the robot places the trades, which means it can get out before the price varies when trading with Bitcoin.
Regarding blockchain, this robot applies it to create a transparent trading ecosystem. The Bitcoin Digital trading ecosystem enables users to interact with each other and exchange ideas. Moreover, clients can raise disputes against the broker or the robot through its Smart Contracts technology.
This software depends on select brokers to handle transactions with users and execute orders in the markets. These brokers are regulated to ensure that clients’ money is only used for the intended purpose. Bitcoin Digital relays trading signals to any of its partner brokers for execution.
How to sign up and trade with Bitcoin Digital
Bitcoin Digital App is available in most countries. Moreover, it is user friendly and highly recommended for both beginner and expert traders.
Experienced traders who prefer some level of control in trading can choose its semi-auto function. This function allows users to define the type of signals they prefer implemented in their account.
Beginner traders should go for the fully auto function since this doesn’t require any expertise. The fully auto function mostly performs better than the semi-auto function and is hence also recommended for the expert traders.
Bitcoin Digital registration slots are limited, and hence you need to keep trying your luck by checking on their website. Here is a step by step guide to registering and operating this robot.
STEP ONE: Create a free trading account
Visit Bitcoin Digital website and register a free account. The registration process is self-explanatory and fast.
You will be asked to verify your contact information for your account to be approved. Moreover, you will be redirected to a local broker’s page for additional details and ID verification.
Identity verification is nowadays a requirement with most regulators given the increasing cases of money laundering. The process is important since it assures you that the broker is undertaking necessary measures to protect your funds.
STEP TWO: Deposit a minimum of $250
You can proceed to deposit as your ID is verified. The minimum you can invest with Bitcoin Digital is $250. Please note that all deposits happen through the matched broker since they are the one to place orders in the market.
As explained earlier, the Bitcoin Digital platform only works with highly reputable and regulated brokers. A regulated broker adheres to measures such as deposit segregation to ensure that clients’ funds are only used for the intended purpose.
You can fund your Bitcoin Digital account through any debit/credit card or make a wire transfer. Some e-wallets and crypto wallets may also be accepted. Bitcoin Digital has entered into a pact with its partner brokers not to charge any deposit fees.
STEP THREE: Practice through a demo account
Bitcoin Digital App offers comprehensive educational materials and a demo account to help you prepare before staking real money.
The robot is auto, and hence you only need to master a few things before going live. The most important is risk management through the Stop-Loss and Take-Profit features. Defining the level of risk per trade you are willing to take depends on your risk appetite.
Bitcoin Digital platform offers a free risk appetite test to help you determine this. You can try different risk settings on its highly intuitive demo account to determine what works best for you. Dedicate at least 2 hours of preparation before moving to the live account.
STEP FOUR: Open a live trading session
Live trading should be easy if you have taken your time to prepare. It involves adjusting the risk management tools and clicking the live trading button.
TheApp works best if left to run uninterrupted for 8 hours daily. This is a clear sign that you can continue with your daily business as it works for you. The best time to run Bitcoin Digital is between 8:00 AM and 4:00 PM EDT.
This time zone comes with high BTC CFDs volatility given the heavy BTC derivatives trading on Wall Street. Remember that Bitcoin Digital is not risk-free and hence only trade with what you can afford to forego.
Bitcoin Digital vs other platforms
Bitcoin Digital
- This is a trading robot that has been said to provide excellent results when trading with Bitcoin. This new system seems to be causing quite the commotion regarding the success rate, which is said to be 88% or higher.
- There are many different methods to pay for your initial deposit. The most common and acceptable ones are via debit or credit card.
- There are no claims that say Bitcoin Digital is a scam. It appears that most users who invest in this platform get some sort of results by trading on the volatility of Bitcoin.
Other Robots
- Most of the trading Bitcoin robots have had their reputation tainted, or bad comments spread on the internet in reviews. Other robots have been said to not deliver the results advertised by their founders.
- It’s difficult to bypass the credit card payment block by the banks with robots that are not trustworthy.
- It’s very common to find Bitcoin trading robots and platforms that promise high returns and rewards, but don’t really deliver what they advertise.
Is there a Bitcoin Digital App?
We have searched online for traces of this app in the Play and App stores, but we haven’t found a specific app for this. What we did find is that the browser version is compatible with all sorts of devices you use. You can access your account and trade with your mobile, tablet or even desktop.
The Bitcoin Digital App Review: The Verdict!
Yes! The Bitcoin Digital App scores highly in our legitimacy tests. It has recently been nominated as the most Profitable BTC robot for 2020 by the American Trading Association. Moreover, it is among the best-reviewed trading robots on TrustPilot.
Users report a great trading experience and high profitability. We can confirm that Bitcoin Digital is not a scam, and only works with reputable and regulated brokers. This means that your money is safe with them.
Like in any other robot, there is a degree of risk in trading with the Bitcoin Digital software. We strongly recommend that you start small and reinvest more as you get familiar with the platform. A deposit of $250 is enough to test the waters.
FAQs
What is Bitcoin Digital?
Bitcoin Digital is an algorithm designed to exclusively speculate on BTC CFDs. It is powered by AI and blockchain to conduct trading at a high win rate.
Is Bitcoin Digital a scam?
No! We have tested the Bitcoin Digital and ascertained that it relies on real trading technologies. It generates returns for users by speculating on BTC CFDs.
How much can I earn with Bitcoin Digital?
That depends on how much you invest, the settings you apply, and current market conditions. In a good day, you can reportedly earn up to six times your invested capital.
Does Bitcoin Digital allow withdrawals?
Yes! You can withdraw your earnings when you want. Fill the withdrawal form, and the funds will be processed in the next few hours.
Cryptocurrency – A-Z Directory
Adam Green
Adam Green
Adam Green is an experienced writer and fintech enthusiast. He he worked with LearnBonds.com since 2019 and covers a range of areas including: personal finance, savings, bonds and taxes.View all posts by Adam GreenWARNING:
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