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BitQT App Review 2020: Scam or Legit? Live Results!

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Author: Adam Green

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.

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.

  • Robot
  • Rating
  • Features
  • Trade
1
 
The Best Choice
  • 88% Claimed win rate
  • $250 Min Deposit
  • Accepts credit card and Sofort
All trading carries risk

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    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 App 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.

    Open your account

    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.

    BitQT App 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.

    BitQT App claims that it 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 BitQT reports having a 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 App 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.

    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. BitQT 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.

    Registration

    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. BitQT doesn’t send 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.

    Deposit

    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.

    Trading education

    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.

    Live trading

    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 BitQT 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.

    Open your account

    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. BitQT 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.

    Is BitQT 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.

    You can start trading with BitQT premium now through the link below. Do not deposit more than you are willing to risk.

    • Robot
    • Rating
    • Features
    • Trade
    1
     
    The Best Choice
    • 88% Claimed win rate
    • $250 Min Deposit
    • Accepts credit card and Sofort
    All trading carries risk

    FAQs

    What is BitQT?

    BitQT BQ is a tool that is said to help ordinary people make profits with bitcoin trading.

    Is BitQT app legit?

    BitQT app meets our criteria for a trustworthy robot. This software has excellent feedback from users and seems to operate in full transparency.

    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.

     

     

     

     

    All trading carries risk. Views expressed are those of the writers only. Past performance is no guarantee of future results. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. This website is free for you to use but we may receive commission from the companies we feature on this site.
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    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.