Cryptosoft is a crypto trading bot powered by advanced trading technologies. The bot is said to be fully auto and highly accurate. But is Cryptosoft legit? Learnbonds went out in search of answers and has prepared this detailed review for you.
From the information we have managed to analyse, Cryptosoft appears to be legit. The robot reportedly has a win rate of above 90% and can be used by anyone, including those with zero trading skill.
This review presents facts about Cryptosoft and tips to help those who chose to try it. Keep reading or go straight to this robot’s website to learn more.
Table of Contents
What is Cryptosoft?
Cryptosoft is a trading robot that claims to help users make money betting on the direction of crypto prices. In other words, it is a trading algorithm that automatically conducts crypto industry research and speculates on prices direction. The robot is said to rely on trading strategies used in high-frequency trading, a trading technique that involves high leverage and speed.
Even better, Cryptosoft can allegedly profit in both the rising and falling markets. Consequently, your luck with this robot is not dependent on rising prices. Case in point, when the markets are on a dive, Cryptosoft applies a strategy known as short selling. This trading technique is also popular in traditional assets trading, including stock and forex.
As mentioned above, Cryptosoft is fully automatic. What this means is that anyone can use it irrespective of their professional background and day to day schedule. This bot does all the trading research and execution automatically. Users are only required to switch it on and leave it running. Cryptosoft reportedly performs the best when left to run for at least 8 hours per day.
How does Cryptosoft work?
As mentioned above, Cryptosoft claims to be the automation of tested and proven crypto trading techniques. The robot reportedly applies powerful algorithms to conduct trading research and execute trades. These algorithms are said to have an accuracy level of about 90%.
We cannot confirm whether this is true given that we have not done a live test on this platform. However, we have found many testimonials from users claiming that this robot is highly profitable.
Cryptosoft claims that their reported high accuracy is as a result of the trading technologies it applies. These include Artificial Intelligence (AI), Natural Language Processing (NLP), and Machine Learning (ML). NLP and ML are said to enable the robot to scan the web for news and make moves before the markets can react.
Moreover, the AI technologies allegedly enable Cryptosoft to glean insights from thousands of trading charts and within a microsecond. This approach to trading is known as technical analysis and is said to contribute significantly to the accuracy level reported by this bot.
Cryptosoft relies on robot brokers to offer leverage, handle transactions, and execute trades. These brokers claim to provide leverage of up to 1:1000. Such high leverage enables traders to place trades worth up to 1000 times their capital. As a result, their profits allegedly have the potential to magnify to that level.
A highly leveraged account is at high risk of enormous losses which explains why you should always trade with what you can afford to lose. You can get started with $250 and grow your capital through reinvestments — most of the reviewers who are happy with this robot report to have started small and increased gradually.
Is Cryptosoft a scam?
From our investigation and our review of online feedback, we do not find Cryptosoft to be a scam. It is legit, and real. Cryptosoft claims that their tool is the right choice for those looking to make money trading crypto. As explained above, the bot is entirely auto, and anyone can use it. Cryptosoft claims that the majority of its users have no crypto trading background.
Furthermore, Cryptosoft is easy to use. All you need to do is to create a free account on this robot’s homepage and deposit a minimum of $250. Live trading with Cryptosoft happens at a click of a button. This robot does provide a demo account to help users familiarise with the trading platform.
As mentioned above, Cryptosoft also gets praise for its excellent customer services. A test on their customer service platforms shows that they are reachable through phone, email, and live chat. While calls and live chats get a reply almost instantly, emails can take up to 24 hours. It is, therefore, a no-brainer that all urgent communications should be through phone and email.
Cryptosoft also scores high on cybersecurity. All their platforms are adequately encrypted. Moreover, Cryptosoft claims to be GDPR compliant. The GDPR is a law in the EU requiring all platforms handling EU citizens’ data to adhere to strict confidentiality requirements. We did not find a way to verify if it is true that Cryptosoft has met all the GDPR requirements.
How to register with Cryptosoft
The registration process with Cryptosoft is quite straightforward. As explained previously, this robot operates in collaboration with several robot brokers. The registration process, therefore, involves submitting data and verifying identity with these brokers.
Before we look at the steps to follow to register with this robot, it is essential to note that it is not available in all countries. You should try the signup process here to determine if it is available in your country. If not, read our review of Bitcoin Circuit, another leading bot with a similar platform to Cryptosoft.
STEP ONE: Registration
Visit the Cryptosoft website and register a free account. The registration process involves submitting your email, phone number, and name through the provided form. You will be asked to create a strong password and verify your name and email before proceeding.
Furthermore, you will be asked to agree to their terms and opt-in or out of their mailing list before proceeding. The Cryptosoft registration process appears to be safe and quite straightforward.
STEP TWO: Deposit a minimum of $250
After registration, Cryptosoft automatically redirects you to the partner broker page. Here you are asked to provide additional details and also deposit a minimum capital of $250. Cryptosoft partner brokers appear to be legit and highly dependable. A good broker should have a good reputation and should be adequately regulated.
It is worth noting that robot brokers are somehow different from traditional brokers. These brokers rely on sophisticated technologies to ensure that orders execute almost instantly. Moreover, robot brokers tend to provide high leverage hence making it possible for the robot to allegedly maintain high profitability.
Cryptosoft brokers accept deposits through Wire Transfer, Master Card, Visa, Maestro, Web Money, Neteller, Skrill, Bitcoin, and many more.
STEP THREE: Demo trading
Cryptosoft demo trading account is meant to help you get used to the features found in the live account. You must go through this step to avoid making mistakes during live trading.
Even when the Cryptosoft is highly intuitive, it can be confusing to first-time users. The demo account eliminates this confusion by taking you step by step through the live trading process.
STEP FOUR: Live Trading
Live trading with Cryptosoft happens at a click of a button. The robot is said to perform optimally when left to run for at least 8 hours per day. Moreover, you should only trade the US markets since they tend to contribute the highest volatility to the crypto market. Remember that Cryptosoft’s alleged profitability depends on the level of volatility and not the direction that prices take.
The best time to trade is when it is day time in Wall Street. Research has shown that crypto markets tend to have some correlation with Wall Street. This is because there are derivative products hedged on crypto and traded on the city.
All trading carries risk.
Key Features of Cryptosoft
High alleged profitability
Cryptosoft reportedly has a win rate of 90%. This implies that this bot claims to be profitable in every 9/10 trades it executes. We cannot guarantee if this is true since we have not done a live test. However, from the feedback we have received shows, there is a high likelihood that this is true. Cryptosoft claims to have the power to turn a deposit of $250 to thousands of dollars in less than a month.
Cryptosoft allows users to withdraw their profits whenever they feel like. The withdrawal process takes less than 24 hours and involves sending a request through a provided withdrawal form. There are no withdrawal charges with this robot. However, a small fee may be incurred on the side of the broker, facilitating the transaction.
Excellent customer services
Cryptosoft also has excellent customer services. Users who have tried this bot are happy with the speed at which Cryptosoft agents respond to calls and live chats. However, there are a few complaints about their email channel. This is not unexpected for a busy robot such as Cryptosoft.
It is worth noting that Cryptosoft services are available for 24/7. Moreover, their agents collaborate with the partner brokers’ agents to ensure that users get all help in one call.
Easy to use platform
Cryptosoft has a highly intuitive web-trader. The platform is neatly arranged to help users’ access to different features quickly. Even so, beginner traders can experience difficulties if they skip the demo account.
Even when Cryptosoft is 100% auto, it does come with a lot of features to help traders define their risk. Beginner traders should leave these features at default since they come set at the right level for risk-averse traders.
Adequate trading resources
Cryptosoft, in collaboration with its partner brokers, provides enough funds to help traders navigate through their platforms. These resources include a comprehensive FAQs page, trading guides, and a dedicated account manager.
You will receive a phone call from the dedicated account manager immediately after the registration. The roles of an account manager include taking you through the account and providing any needed assistance during live trading.
All trading carries risk
Is Cryptosoft legit or not?
Cryptosoft appears to be legit and their platform is real and fully working. While this robot is said to have a high accuracy level, it also comes at a degree of risk. Consequently, traders should only deposit with it what they can afford to lose. Cryptosoft users praise it for its profitability, easy to use the platform, safety, and excellent customer services.
This robot is 100% license-free and profits by charging a small commission on the gains made through it. You can try this robot today through the link below and let us know about your experience through the comment section.
Is Cryptosoft legit?
From the excellent reviews we have come across, Cryptosoft appears to be legit.
How much should I deposit with Cryptosoft?
You need a minimum of $250 to trade with Cryptosoft. You must start small and grow your account via reinvestments.
How much profit does Cryptosoft make?
This bot claims to have endless earning potential.
Does Cryptosoft allow seamless withdrawals?
Yes! Cryptosoft allows its users to withdraw their money whenever they want. The withdrawal process is simple and straightforward.