BitQT App Review 2022: Scam or Legit? Live Results!
BitQT App is a tool that reportedly helps ordinary people enjoy immense profitability with bitcoin trading. It is a computer program that claims to be able to perform the functions of a professional trader automatically and at a higher alleged win rate.
With the BitQT premium robot, a trader can reportedly earn a daily profit of 1000 USD from a deposit of 250 USD. But is the BitQT trading app legit, and does it generate the said profits? We have carried out comprehensive tests on BitQT premium platforms to provide answers to these questions.
Many users are questioning whether BitQT is a scam or not. Read our BitQT App review to find out everything to know about this bot and discover tips to help you minimize risk and maximize potential when trading with it.
BitQT Premium Trading Robot Review
BitQT App was founded in 2018 to help ordinary people trade BTC easily. This robot is currently viral on the internet due to its high supposed profitability rate. BitQT is not a scam, and it seems highly popular with passive online investors since it requires very little manual input. Moreover, it looks like a good option for traders with limited budgets since you only need 250 USD to trade with it.
All trading carries risk.
What is BitQT App?
BitQT is a robot that automatically trades BTC with a claimed win rate of 95%. The robot supposedly applies advanced AI algorithms to perform trading research.
Trading research involves technical and fundamental analysis. BitQT App allegedly conducts technical analysis by analyzing tens of thousands of trading charts to identify tradable patterns. It also performs fundamental analysis by scanning the internet for tradable news.
This robot relies on subsets of AI known as Deep Learning (DL) and Natural Language Processing (NLP) algorithms to read human language. The robot can supposedly differentiate legit sources of information from the fake ones. The speed at which this robot conducts research and implements trades is believed to be what makes it popular with expert traders.
Through the subset of AI known as Machine Learning (ML), BitQT App improves itself with changing data. This means that it allegedly can maintain the supposed profitability rate even with changing market conditions.
There are claims about this app, which works by adopting trading strategies such as scalping and short-selling to profit of plummeting markets. Moreover, it claims to apply High-Frequency Trading (HFT) techniques to ensure the supposed returns. HFT is a trading approach that involves a robust computer algorithm implementing hundreds of trades within a microsecond.
It is important to note that while the reports are of users having high profitability, it also comes at significant risk. As a result, we strongly advise that you evaluate your risk appetite and only invest what you can afford to lose.
Is BitQT a scam or reliable robot?
From our investigation, BitQT App seems reliable. It is similar to Cryptosoft which we have found to partner with regulated brokers. Read our review of Cryptosoft to find out more.
BitQT App is allegedly powered by AI and blockchain technologies. While AI allegedly ensures high and consistent performance, blockchain brings about transparency. BitQT operates in a transparent environment where users can monitor their accounts in real-time and raise disputes through smart contracts.
Moreover, BitQT has published all crucial data on its website. This includes the identity and regulation of its partner brokers. When choosing a robot, it is always important to pay attention to the underlying brokers. A robot that partners with sham offshore brokers is likely a scam.
We have carried out a background check on BitQT partner brokers and found them to be legit and worthwhile. They all report adhering to strict regulatory guidelines such as deposit segregation, insurance, and regular external audits. This implies that all deposits through this robot are safe.
Regarding platforms safety, BitQT premium applies military-grade data protection measures. These include 128-bit key encryption and database protection through SiteLock. BitQT is also compliant with the stringent EU General Data Protection Regulation (GDPR).
User feedback on ForexPeaceArmy and TrustPilot also indicate that this robot seems trustworthy. 95% of reviewers report a positive outcome with BitQT. We can conclude that based on these assumptions, BitQT is not a scam.
Getting Started with BitQT
Trading with the BitQT premium software should be easy if you follow the provided instructions. This robot trades automatically but requires users to define risk settings before starting a live session.
The risk management process with BitQT App is well elaborated in the provided trading guide. There are also video tutorials explaining different settings and a demo account to help you practice what you learn.
We strongly advise that you take enough time practising to avoid mistakes during live trading. This robot is supposedly a high return robot, but it isn’t risk-free. It is, therefore, paramount that you only risk what you can afford to lose. Never fund a high-risk investment with your entire retirement savings.
Register a free account on BitQT app homepage using the provided form. Verify your contact details as instructed and agree to their terms and conditions.
You also need to verify whether to be in their mailing list. We recommend that you do so since this is how the robot’s customer service reaches out to users with updates. You will not receive unsolicited offers or share your data with third parties.
Please note that you will also be redirected to the partner broker’s page to confirm details and verify identity. ID verification is a crucial measure recommended by all regulators to help weed out instances of money laundering.
Fund your BitQT premium trading account with at least 250 USD to start trading. All deposits happen on the partner broker’s page since they are the one to place orders in the market.
You can fund your BitQT app account through multiple methods including debit and credit cards and wire transfer. E-wallets such as Skrill and Neteller and leading crypto wallets are also accepted. There are no deposit fees with BitQT app partner brokers.
BitQT app offers a comprehensive trading resource centre to help users navigate through its platform and make the most out of it.
The resource centre includes a trading manual and several video tutorials explaining BitQT risk management process. There is also a demo trading account to help users practise what they learn during practice.
Also available are regular trading webinars to update users on the latest features on the robot. BitQT app also offers a trading calendar to help users take advantage of highly volatile market events. The robot trades volatility and therefore performs best when BTC price swings are high. Read our review of Bitcoin Code for another easy to use robot.
The BitQT live trading process is simple. However, you must follow the provided trading guide to the letter to get positive results.
You must pay more attention to the risk settings since this is where most of the app users go wrong. Make sure that you set the Stop Loss and Take Profit features following the guidelines provided in the BitQT trading guide.
All trading carries risk.
How to get the most out of BitQT App
The best time to run the trading app is when BTC volatility is high. BitQT recommends from 8:00 AM to 4:00 PM Eastern Daylight Time. This is the time when BTC derivative trading is high on Wall Street and hence high volatility.
Make sure that you switch off the robot at the end of each trading day to avoid rollover fees. The broker charges these fees on trading positions left open overnight or during the weekend. It is reported to perform better when left to run unmonitored for 8 hours daily.
This means that there is no reason to disrupt your daily schedule when using this robot. You can go about your daily business as BitQT app reportedly makes money for you. If you have started with a small account, it is essential that you reinvest at least 70% of the supposed profits for growth.
It’s important to note that most users who call BitQT a scam, are just unaware of how volatile the Bitcoin market is. Bitcoin has been seen to move up by thousands of dollars in only a few minutes. There risk vs reward ratio is high. High risks also bring high rewards.
BitQT vs other platforms
- BitQT is a new system that has been said to provide exceptional results when trading with Bitcoin. Unlike other robots, there doesn’t seem to be many negative comments online about this platform.
- 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 BitQT is a scam. It appears that most users who invest in this platform get some sort of results.
- Most of the trading Bitcoin robots have had their reputation tainted, or bad comments spread on the internet. Robots like Bitcoin Loophole 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 that promise high returns and rewards, but are a sham.
Has BitQT been featured on the news?
There are rumours about this robot being the chosen tool amongst a lot of investors, and having been featured in websites and TV shows. One in particular is the rumour of BitQT in This Morning. The English TV show, hosted by Holly Willoughby and Phillip Schofield is one of the chosen morning shows watched by thousands of people. We have looked into this matter, and this rumour appears to be false. We haven’t seen and can’t confirm whether BitQT has appeared in the TV show This Morning.
Another rumour that has been spread around is about BitQT and The Mirror. The famous newspaper has been said to have shown advertisement and even a featured piece of news about a trading software. In the supposed BitQT review on The Mirror, there were claims of investors making thousands of pounds by starting with a small investment. This is actually a false rumour, and we can confirm that it’s never been featured in The Mirror. In fact, what does seem to be on the rise is the amount of advertisement involving crypto and trading scams with sponsored ads like Taboola ads.
We haven’t found any articles online claiming that BitQT is a scam, or any evidence saying that this platform has been featured in any TV shows. There are some unfounded claims of BitQT being featured in Dragons Den, but this appear to only be a rumour. We haven’t found any information to support this claim.
Is there a mobile app for trading with BitQT?
Although the name itself suggests that this robot does have an app, we couldn’t actually find one in google or apple stores. What we did find is that the website is actually browser friendly, and will adapt itself according to your device. Whether it is a tablet, PC, or phone, you can access the most suitable version directly from your device.
Is BitQT Review: Is the app legit? Final words!
BitQT App trades BTC CFDs with an alleged win rate of up to 95%. This robot claims that it can generate daily profits of up to 1000 USD from a small deposit of 250 USD. However, we cannot guarantee or prove that you will make any profits when trading with this bot, and loss of capital is a risk when trading.
When it comes to user reviews and testimonials, most investors seem happy with the software. We have conducted background checks on the reviews, and they seem genuine. At least 90% of BitQT reviews on TrustPilot allege that the bot produces consistent profitability. Therefore we can tell you that if people call BitQT a scam, its either because they haven’t earned up to all the amount they thought they would, didn’t know how to work the platform properly, or simply just read other articles online and haven’t confirmed for themselves.
You can start trading with BitQT premium now through the link below. Do not deposit more than you are willing to risk.
What is BitQT?BitQT is a tool that is said to help ordinary people make profits with bitcoin trading.
Is BitQT a scam?BitQT app meets our criteria for a trustworthy robot. This software has excellent feedback from users and seems to operate in full transparency. It does not seem to be a scam.
How much should I deposit with BitQT?Fund your BitQT premium trading account with at least 250 USD to start trading. All deposits happen on the partner broker’s page since they are the one to place orders in the market.
Is BitQT app profitable?BitQT claims to have a daily ROI of up to 300%. Most of those who have reviewed it on ForexPeaceArmy seem to support these claims. However, we cannot guarantee any profits.Scroll Up