British Bitcoin Profit Review 2022 | Scam or Legit? | Read on to find out
Hundreds and hundreds of platforms such as British Bitcoin Profit have spread, but for years this BOT has dominated the market we are talking about: crypto currencies. According to the extremely positive British Bitcoin Profit Trustpilot reviews on the web, the BOT’s claimed 88% accuracy is absolutely true, and can make you thousands and thousands of dollars a day. All this, without any effort on your part, as the BOT is automated.
British Bitcoin Profit: Quick Overview
Overall Rating 5* Type of Platform or Service offered Bitcoin Trading Robot Platform fees None Minimum Deposit $250 Demo Account Yes Mobile App Yes Payments and Withdrawals The Bitcoin trading robot funnels you to regulated brokers in your area. According to the British Bitcoin Profit site this trading software company supports debit and credit cards, and PayPal to withdraw funds. Customer Support Can only be contacted via its online contact form.
British Bitcoin Profit app review
We can define it as an automatic software composed of about 12 complex financial algorithms, created around 2017 by a group of retired investors. There are a few simple steps to start trading:
Account information → The supported languages are many, such as Spanish, English, German, Italian. Generally, the minimum deposit is $250, and you can immediately take advantage of a free trial account.
More profitable cryptocurrency pairs → there are different cryptocurrencies available based on their profitability, for example Bitcoin + Ethereum.
Accepted payment methods → The accepted payment methods are many. In any case, don’t worry: Skrill, credit or debit card are all accepted.
What is British Bitcoin Profit?
British Bitcoin Profit is a bot for online Bitcoin trading. It is not particularly dated as a program, but despite having been launched a few years ago, it seems to have dominated the market since then.
The fact that it is automated allows you not to be subject to the dilemmas and errors typical of the human mind, a manual trader can take days to analyse the Bitcoin signals, while British Bitcoin Profit does it over the course of a few hours through an advanced system of calculations based on multiple response algorithms operating on artificial intelligence.
We tried to get a private interview with the creators of this trading bot, but despite our considerable reputation in the Bitcoin field, it was not possible to get it, as the creators of British Bitcoin Profit tend to keep an extremely low profile, it is said around that they are retired brokers and investors.
British Bitcoin Profit, as well as the official website, is available in over 150 countries, including the UK, Australia, and parts of Asia, North America, the Middle East and Africa.
Is British Bitcoin Profit legit, or is it a scam?
There were numerous videos, especially in 2020, released on YouTube where it was repeatedly said that it was not reliable. This is simply due to the fact that the users who posted these videos were completely inexperienced: don’t get it wrong, you probably are inexperienced too, but these users immediately jumped into live trading without using the recommended settings provided by British Bitcoin Profit. Also, there’s a lot of volatility in Bitcoin trading, this is why more people are looking to start in this market as its high risk and high reward.
It is necessary to behave with caution in a market like that of Bitcoin, where the value of these tokens can easily exceed 20% of the current value in just over an hour based on the trading signals that are sent by the payment management platforms of these tokens.
The significant risks of the crypto currency market are reduced by the calculation capacity of British Bitcoin Profit, which claims to yield a transaction success rate of over 90%. British Bitcoin Profit is free due to the percentage of your earnings that its developers get, just over 1%. Therefore, it is obvious that the greater the volume of people using it, the greater the earnings of the platform itself.
The majority of British Bitcoin Profit Reddit users rated it as extremely beginner-friendly.
How to create an account?
Step one: registration
This part is absolutely necessary, the crypto trading service provider wants to avoid legal problems, intended as the reporting of digital money flows that have not been associated with specific user identities. The crypto currency market, and British Bitcoin Profit in particular, allow huge possible gains, if you do not use your personal data you would risk ending up in the crosshairs of anti-money laundering measures.
To get the ball rolling, simply head over to the official British Bitcoin Profit website to register a new account. After entering your name, email address and phone number simply click on the button marked ‘Register Now’.
Step two: make a deposit
Now that your account is ready, you can make your first deposit. Remember that the minimum is $250, and we know it is surprisingly low for platforms of this type, but British Bitcoin Profit has started an indefinite-timed promotion period to maximize the number of its users and thus crush the competition. The accepted payment methods include PayPal, credit/debit cards, and bank transfers.
Before you start live trading it’s highly recommended that you can make use of the demo account. This way you can assess whether the Bitcoin trading robot is right for you without investing any real capital in the volatile cryptocurrency markets.
Step three: live trading
Remember, you will not have to spend hours and hours on the computer hunting for an offer: British Bitcoin Profit will do everything by itself, but first you have to configure it. In fact, through this step you can have access to all your previous operations in order to understand which ones have paid off the most. If you click on the ‘instant trading’ button, you will be able to see the operations that are carried out in real-time and better understand how the algorithm operates.
Start a live session on British Bitcoin Profit this morning at the open of the markets and leave it to run on autopilot for up to 8 hours. Autopilot allows the software to do all the work for you.
British Bitcoin Profit: Key features
British Bitcoin Profit has a constant profit capacity, which adapts to market fluctuations. Of course, you will need to get some experience before you can get rich, but the fact that British Bitcoin Profit is fully automated will allow you to minimize your losses by removing the emotional aspect of investing. British Bitcoin Profit also claims to generate potential earnings, at least in the beginning, of around $1000 weekly.
A Well Optimized Web-Based Application
As always, we remind you that all online trading platforms can involve risks and it is not certain that you can have these gains immediately. This bot is special compared to other online auto trading platforms: as well as trading Bitcoin you can buy and sell different cryptocurrencies, such as Litecoin, Ripple, Ethereum. You can of course use the currency you prefer such as dollars or euros.
Onboarding process is quick & simple
The brokers used are completely safe, internationally verified and widely known throughout the world of online cryptocurrencies. Once you have made your first earnings, you will be able to make other deposits and withdrawals of money instantly, the platform will never take more than 15 hours to process a payment, and any delays will be exclusively due to your bank. To verify your identity the process is extremely fast, and simply requires a phone call with one of the technicians who manages the platform.
British Bitcoin Profit Demo Account
What is a demo account? The British Bitcoin Profit demo account allows you to familiarize yourself with the trading software without risking your own hard-earned capital. Instead, you can practice your trading strategies in a risk-free simulated environment that mimics real crypto market conditions.
This means you can test the British Bitcoin Profit’s trading algorithms to see if they suit your trading objectives and needs.
Low initial investment
The minimum deposit to open an account with British Bitcoin Profit is $250, which is slightly above industry standards. But as we mentioned earlier, using the demo account is a sure-fire way to determine whether British Bitcoin Profit is right for you or not.
Although British Bitcoin Profit is an extremely complex software, whose source code is still secret, we can define it as a method to invest in Bitcoins within the reach of all types of users. Its interface has a customizable set of options, but at the same time it is extremely intuitive to start using.
In less than an hour you will have already carried out all the operations up to live trading included (listed above), and you can start trading online in complete safety. There is a 24/7 customer service, always ready to help you with anything. On the flipside, the only way to contact customer support is via an online contact form. It also offers an extremely large and varied set of tutorials and basic guides.
Tips on using British Bitcoin Profit app
While anyone can use British Bitcoin Profit, there are some tricks that will minimize the risk of losing your starting capital: always start with a demo account, make the most of the exceptional customer service and watch all the tutorials on the site.
It is also convenient for you, if you are not an expert, to start with a moderate investment (the minimum, i.e. $ 250), because the crypto currency market changes continuously.
Most market analysts and expert investors recommend that you conduct your own thorough research before you start investing money with any trading platform or software. Is British Bitcoin Profit regulated? Are there any investor protection schemes in place? What deposit methods can I use? Are there any non-trading fees I need to be aware of? These are just some of the questions you need to ask yourself.
Furthermore, you need to determine your risk tolerance levels. This means you should only invest money that you can afford to lose.
How can can I make money using British Bitcoin Profit?
It is important to understand that there are a range of factors that influence your returns. Some of these factors can be controlled while others are completely out of your control. For example the amount of leverage you choose to use is something you can tailor to suit your trading needs, while governmental policies and levies on cryptocurrencies have a huge impact on the volatility and liquidity of the crypto markets.
Bitcoin trading robots are favoured amongst crypto enthusiasts because they remove human emotions from the investing process and can conduct trades 24/7 relentlessly. This means that the Bitcoin trading bot will execute trades on your behalf based on predetermined parameters, avoiding common pitfalls like the fear of missing out (FOMO) and panic selling during bear markets.
Has British Bitcoin Profit been featured on TV?
During the crypto boom in mid-2020, It’s been said that it appeared on several TV shows. These claims are unfounded though, and we cannot confirm the veracity of these, but it appears that it hasn’t been featured in any TV shows like This Morning or Dragons Den.
Have celebrities endorsed British Bitcoin Profit?
Rumours circling around celebrities, and information in this subject are very polemic. There are rumours about celebrities such as Peter Jones from Dragons Den to have invested in this bot, however these claims appear to be false and unfounded. It’s true that a lot of celebrities like Ashton Kutcher invest in Bitcoin and cryptocurrencies, but it’s not clear whether they endorse trading bots. Also, there are rumours Bitcoin British Profit has been endorsed by Gordon Ramsay and has reportedly made him millions. We can confirm this is not real. Gordon Ramsey has never invested, used it nor promoted the British Bitcoin Profit software.
British Bitcoin Profit: final verdict
It may be worth investing in British Bitcoin Profit, as you will have understood from the exhaustive explanations in this article. The company claims that if you can minimize the risks of loss with its advice you could become rich in a very short time and thus change your life and that of your loved ones. Our main advice, however, is this: invest only what you can afford to lose, because the cryptocurrency market is extremely volatile.
How much money can I make with this platform?Some users manage to make around $ 3000 a day, but they are the exception: most of them are between $ 500 and $ 1000 a day.
Can I withdraw Bitcoins directly?It is not possible to do this, because you will not directly acquire the Bitcoins by trading on British Bitcoin Profit, but they will be the brokers you rely on during the transactions. Basically, you will act as an intermediary between the Bitcoin market and the brokers you use, you will never come into direct possession of the Bitcoins but you will earn from their sale.
Can I only select brokers that are offered by British Bitcoin Profit?Yes, you can only select these. You shouldn't even try to rely on other brokers not included in British Bitcoin Profit's list, because those included are the most reliable and known worldwide.
What is the minimum deposit required?The minimum deposit is of $250. This money will also be used to place your first trades automatically by British Bitcoin Profit.
Is British Bitcoin Profit safe?Yes! Learnbonds has tested this bot and confirmed that it is safe. As explained mentioned earlier, their site has adequate encryption and they have a robust policy in place to safeguard data.
Is British Bitcoin Profit legit?British Bitcoin Profit is not regulated by the UK's Financial Conduct Authority. Furthermore, in 2020 the FCA issued a warning stating that British Bitcoin Profit offers its services without the authorization of the FCA. This means that users are not covered by the Financial Services Compensation Scheme (FSCS), so you are unlikely to get your money back if things go wrong. Having said this, British Bitcoin Profits funnels its users to regulated brokers and is simply a trading software designed to offer an automated Bitcoin trading robot for crypto enthusiasts looking to invest in the crypto markets passively.
Is British Bitcoin Profit safe to trade with?British Bitcoin Profit is not regulated or authorized by the UK's Financial Conduct Authority and users are therefore not protected by the FSCS. This means that should the company go into liquidation you will not be entitled to any compensation. Nevertheless, considering that British Bitcoin Profits connects users with affiliate regulated brokers, it is safe to trade with regulated crypto exchanges and brokers.
How does British Bitcoin Profit work?British Bitcoin Profits works by taking your trading parameters to search for optimal trading opportunities that are best suited to your trading goals. The Bitcoin trading robot will execute trades around the clock, and considering that the crypto markets are open 24/7 this means that you won't miss a unique trading opportunity even while you sleep as the process is fully automated.