Bitcoin Pro is a viral trading bot founded in 2016 and alleged to speculate on bitcoin a win rate of up to 90%. The robot supposedly makes thousands of dollars per day from an initial deposit of less than $500. Moreover, it is 100% automatic, which means that anyone, including complete beginners, can use it. But is Bitcoin Pro legit and is there proof that you can make the alleged profits with it?
As usual, Learnbonds went out in search of the truth. Bitcoin Pro appears to be legit, and there is a chance that the profitability claims are valid. Unlike most bitcoin robots, this robot has great individual consumer reviews on TrustPilot and other independent review sites.
A demo test on Bitcoin Pro also proves that it is easy to use. Live trading with this bot takes place at a click of a button. In this review, we will discuss the technologies and features that make Bitcoin Pro stand out from other robots.
Bitcoin Pro: Review
Bitcoin Pro appears to be trustworthy and has alleged daily profitability of up to $1k. We haven’t done a real-time test on this bot and therefore cannot guarantee of anything. However, from the feedback we have received from those who have tried it, we are convinced that it is worth trying.
Bitcoin Pro has great ratings on all the core areas including performance, ease of use, safety, and customer service. Most of those who have reviewed this bot online indicate that its web-trader is highly intuitive and quite straightforward even for complete beginners. We can concur with this since we find it so in our demo test.
All trading carries risk.
You can read more about Bitcoin Pro by selecting the topics below
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|Free Demo Account|
|Languages: EN, ES, FR, DE, IT, NL|
|No US Clients Allowed|
Minimum Deposit: $250 USD
What is Bitcoin Pro?
With the rate at which technology is evolving, almost every industry is moving to automation. The trading industry has for long embraced automation through advanced trading techniques such as high-frequency trading. Bitcoin Pro app is automation of tested and proven bitcoin trading strategies.
By automation, we mean that the robot carries out almost all the functions of a professional bitcoin trader from research to execution. Bitcoin Pro relies on Artificial Intelligence and its subsets of Deep Learning (DL), Natural Language Processing (NLP) and Machine Learning (ML) to conduct trading research.
The ML technology enables the bot to learn and improve itself as it interacts with diverse data. Consequently, it becomes more accurate with time and as more people continue using it. The DL and NLP technologies, on the other hand, enable Bitcoin Pro to derive insights from qualitative data. Bitcoin Pro can read news immediately they are announced, derive tradable insights from them, and execute trades before the market reacts. The bot can distinguish legit news sources from the fake ones.
Bitcoin Pro also conducts technical analysis by gleaning insights from trading charts. This robot can analyse tens of trading charts in a microsecond and instantly execute the corresponding trades. Bitcoin Pro is allegedly ten times more accurate than a human trader.
How does Bitcoin Pro work?
Bitcoin Pro embeds in a broker’s system to carry out trading the same way a professional trader does. However, the robot is faster and supposedly more accurate than the world best crypto trader. We can confirm that Bitcoin Pro partner brokers are adequately regulated and have an excellent reputation.
Apart from executing orders as instructed by Bitcoin Pro, the brokers’ responsibilities also include receiving deposits and processing transactions. For the record, any money you deposit through Bitcoin Pro goes directly to the underlying partner broker. Regulators in most countries prohibit non-financial institutions from receiving deposits from the public.
This explains why Bitcoin Pro must rely on registered brokers to facilitate transactions. A well-regulated broker guarantees users that their money is safe even if the broker goes bankrupt. Regulators require brokers to bank clients’ deposits in a special account and submit periodic reports on how they use them. This ensures that the deposit is only used for the intended purpose.
Another function of the broker is to provide leverage. Bitcoin Pro brokers provide a leverage of up to 1:2000. Our background research indicates that most of them are regulated by leading bodies such as the Australian Securities and Investment Commission (ASIC) and the Financial Conduct Authority (FCA).
What justifies Bitcoin Pro alleged Profitability?
Bitcoin Pro alleged Profitability is justified by the technologies that the robot use and the trading conditions offered by the underlying brokers.
- Artificial Intelligence technologies – Bitcoin Pro is supposedly equipped with AI and its subsets of ML, DP, and NLP. These technologies are popular in high-frequency trading. As mentioned earlier, ML enables the robot to improve itself as it interacts with diverse data sets. Moreover, the Bitcoin Pro algorithms conduct trading research and execution at very high speed. Accuracy and speed are the
- High leverage – Bitcoin Pro partner brokers offer a leverage of up to 1:2000. Consequently, traders can speculate on bitcoin worth up to 2000 times their capital. For instance, a deposit of $250 is enough to trade up to $500k (250*2000) worth of bitcoin. High leverage results to magnified profits but it can also result to catastrophic losses. Do not trade with what you can’t afford to lose.
- Bitcoin volatility – Bitcoin Pro performance depends on general volatility and not the direction that the prices take. This implies that the robot can generate a return even when the prices are plummeting. The higher the bitcoin volatility, the better the robot performs.
All trading carries risk.
How to trade with Bitcoin Pro
Bitcoin Pro runs on autopilot which means that anyone can use it. The robot is available internationally but not in the United States and some few other countries. Read our comprehensive top Bitcoin robot 2019 review for an alternative to Bitcoin Pro.
You can start trading with this bot through the following steps.
STEP ONE: Free registration
Register a free account with Bitcoin Pro by visiting their website and filling your name as it appears on your government issued ID and a working email and phone number. As is expected, you must verify the phone number and the email to continue. The process involves confirming an SMS sent to your phone and a link sent through email.
From the data we have managed to look at, Bitcoin Pro appears to hold users data in strict confidentiality. They are GDPR compliant and require users to create strong passwords and change them after every three months. Bitcoin Pro is license-free and makes money by charging a little commission on any profits made through it.
STEP TWO: ID and proof of address verification
Bitcoin Pro redirects users to a partner broker page. Here, you will be asked to provide more personal detail and verify identity and current address. You will need to upload a clear picture of your government-issued ID and a recent utility bill with your address displayed on top to be verified. The verification process takes less than three hours on working days.
It is worth noting that ID and address verification is nowadays mandatory for financial institutions in most countries. The goal is to detect and prevent financial crimes such as money laundering. A broker that does not require users to go through this process is likely to be a scam. As mentioned earlier, Bitcoin Pro holds all users data in strict confidentiality.
STEP THREE: Deposit a minimum of $250
After verification, you can proceed and make a minimum deposit of $250. This amount is the trading capital and should not be confused with the cost of trading with Bitcoin Pro. As explained earlier, this bot is license-free. However, traders are charged a small commission on any money they make through the robot.
Bitcoin Pro partner brokers mostly accept deposits via debit and credit cards, wire transfer, e-wallets such as Skrill and Netteller, and Bitcoin. This broker does not have deposit limits and does not charge any fees.
STEP FOUR: Practice with a demo account
The demo account is only accessible after the deposit. As mentioned earlier, Bitcoin Pro runs on autopilot and hence you do not need to be a professional trader to use it. The role of the demo account is to familiarize you with the features found in the live platform.
Learnbonds recommends that you pass through this step to avoid making costly mistakes during live trading. Bitcoin Pro demo runs on historical data and hence simulates real market conditions. The results you will receive through the demo account are not far from what you will get in live trading.
STEP FIVE: Live trading
Live trading with Bitcoin Pro involves two simple steps. These include risk management setup and toggling the live button. Risk management setup is all about defining the level of risk you are willing to take per trade. As a rule of thumb, you should never risk more than 10% of your account on a single trade when using a fast-paced robot such as Bitcoin Pro.
You do not have to worry about navigating through the setup given that Bitcoin Pro is set at 10% by default. Consequently, do not bother with the risk settings if you are not conversant with the platform. If you would like to trade at a higher or lower risk per trade, you should test it with the demo account first.
Is Bitcoin Pro a scam?
Bitcoin Pro is a well-rated robot with alleged daily profitability of up to 300%. Some of the reviews we have seen allege a daily profit of up to $1500 from the minimum deposit of $250. Learnbonds has carried out a demo test on Bitcoin Pro and found it to be surprisingly easy to use.
The robot also has military-grade level cyber protection measures and a standby cyber response team. Consequently, your data including billing information is safe with this robot. You can go ahead and try this robot if you are looking for a 100% auto-trading robot. Leave us a comment about your experience with Bitcoin Pro in the comment section below.
From the information we have managed to gather, Bitcoin Pro appears to be legit. The robot has great ratings in performance, ease of use, customer service, and safety. The earning potential with Bitcoin Pro depends on the invested capital. Some of the people who have tried this robot allege making up to $1k per day from a capital deposit of $250. The minimum deposit with this trading app is $250. We suggest that you start with this amount and grow by ploughing back earnings. Bitcoin Pro allows users to withdraw their money whenever they want. You need to fill the provided request form and wait for up to 2 days for your funds to be processed.
From the information we have managed to gather, Bitcoin Pro appears to be legit. The robot has great ratings in performance, ease of use, customer service, and safety.
The earning potential with Bitcoin Pro depends on the invested capital. Some of the people who have tried this robot allege making up to $1k per day from a capital deposit of $250.
The minimum deposit with this trading app is $250. We suggest that you start with this amount and grow by ploughing back earnings.
Bitcoin Pro allows users to withdraw their money whenever they want. You need to fill the provided request form and wait for up to 2 days for your funds to be processed.