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Bitcoin Formula Review 2020: Is it a Profitable Trading System?

Bitcoin Formula is one of the latest crypto robots, claiming to be able to help its users profit from automated bitcoin trading. Is it really a legit system or is it yet another crypto scam? Find out in our review.
Adam Green
Author: Adam Green

Last Updated: November 13, 2020
Our Rating 4.4/5

Bitcoin Formula is reportedly a highly profitable auto-trading system. This system is said to offer the easiest way to make a million trading bitcoin. But is Bitcoin Formula a scam or a legit system?

We have investigated the Bitcoin Formula, and it seems to be the best tool for those looking for an easy way to make money online.

Bitcoin Formula trades automatically, and hence users can concentrate on their daily business as the robot works for them. Read this review to the end to learn more about this system.

Try Bitcoin Formula For Free

Our Rating

bitcoin formula website
  • 60+ crypto pairs to trade
  • Reportedly 70%+ of users are profitable
  • Start with as little as $/£250
  • Leverage up to 5000:1
bitcoin formula website
All trading carries risk.
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bitcoin formula review

What is Bitcoin Formula?

Bitcoin Formula makes bitcoin trading easy and handsomely profitable. The trading system is powered by top trading technologies to ensure a seamless experience.

It has inbuilt algorithms that help you make profits through bitcoin speculation. You do not need to be a savvy trader to use this system successfully.

Bitcoin Formula depends on AI to analyze and generate signals from historical charts and market news. It then automatically sends the signals to the underlying broker for execution. Trading systems such as Bitcoin Formula eliminate human emotions hence improving decision making.

The platform is transparent and comes with no hidden trading fees. Bitcoin Formula also trades through regulated brokers.

Is Bitcoin Formula a Scam?

A lot of people have asked us to verify if Bitcoin Formula generates profits as claimed. We have put this trading system under rigorous scrutiny and found it to be legit.

Bitcoin Formula seems to be the most popular trading robot on most independent consumer review platforms. Tens of thousands of users have reviewed it and rated it highly on TrustPilot.

These reviewers allege that Bitcoin Formula is profitable and easy to use. No skill whatsoever is required to invest and make money through this platform. Moreover, about 70% of those who trade with it report generating decent profits.

Several reviewers allege making profits from the first minute of trading. Some allege blowing their trading accounts within a day of trading. Trading with any fast-paced trading system comes with additional risk. Users are advised to only trade with an amount they can afford to lose.

The minimum balance with Bitcoin Formula is USD250. Its stringently regulated partner brokers facilitate account funding. As mentioned earlier, FCA regulated brokers are respected globally due to the stringent measures they are required to comply with.

These include separating working capital with clients’ deposits and conducting regular external audits. FCA regulated brokers are also required to join a deposit protection scheme to ensure that clients get compensated in case of bankruptcy.

How does Bitcoin Formula work?

Bitcoin Formula bets on crypto price swings. You can trade over 60 crypto-related CFDs pairs with this trading system.

The most lucrative pairs traded with this system include fiat pairs such as BTCUSD, BTCGBP, and BTCEUR. You can also trade crypto to crypto CFDs on pairs such as BTC ETH, BTCBCH, and BTCXRP among many others.

bitcoin formula crytocurrencies

Bitcoin Formula is powered by leading CFDs brokers. These brokers support trading through this robot by offering trading leverage of up to 5000:1. This level of leverage allows users to generate huge profits from a small investment.

Please note that high profitability potential also translates to increased risk. You may lose a part of or your entire capital when trading through Bitcoin Formula. The general rule of not putting all your eggs in one basket applies when trading with this robot.

Auto-trading brokers also execute the orders relayed by the robot. They need capital to do this, and hence they are responsible for handling all transactions with clients. Bitcoin Formula brokers are safe given that they are stringently monitored in over 15 jurisdictions.

Their tier-one regulators include the UK Financial Conduct Authority (FCA), and the Australian Securities and Investment Commission (ASIC).

Now that we know that Bitcoin Formula is legit, profitable, and safe, let us look at the signup and trading process.

Open your account

Sign up with Bitcoin Formula

Bitcoin Formula offers an easy and safe client onboarding process. This trading robot is viral and hence a top target for clones.

You should, therefore, make sure that you are signing up on the official Bitcoin Formula website. Bitcoin Formula trades through select brokers, and hence you will be matched with one of them during this stage.

The partner brokers are top quality and hence observe strict regulatory measures. These measures include the global anti-money laundering law. This law requires all deposit-taking institutions to verify the identities of their users.

bitcoin formula steps to get started

Deposit trading capital with the broker

Fund your Bitcoin Formula account to start trading. Please note that this trading system relies on its partner brokers to facilitate transactions with clients.

Consequently, all deposits happen through the matched broker. You can deposit through Visa, Mastercard, Maestro, WebMoney, Skrill, and Neteller, among many other methods. Please note that the minimum deposit with Bitcoin Formula is $250.

You shouldn’t be worried about the safety of your billing details and funds. Bitcoin Formula platforms are encrypted, and it’s adherent to privacy laws, including the GDPR. Moreover, it only works with top-quality brokers.

Test the waters on a demo account

The Bitcoin Formula demo simulates a live trading experience. You need to dedicate at least 40 minutes to demo trading to test different functionalities.

The Bitcoin Formula demo account is a copycat of the live platform. This means that the experience you get here fully prepares you for live trading.

Bitcoin Formula offers all beginner users a dedicated account manager to guide them through the first steps of trading. Make good use of the account manager by asking them questions.

Live trading with Bitcoin Formula

This is extremely easy if you have practised enough. There is a trading tutorial video on the Bitcoin Bitcoin Formula Review :...Formula resources page explaining the account setup process.

Make sure that you watch this video before going live. Bitcoin Formula requires very little manual input to run. You only require less than twenty minutes daily to set your account for live trading.

You can continue with your daily activities as this trading bot makes money for you. We can’t stress enough on the need to only trade with what you can afford to lose.

Bitcoin Formula on the Mainstream TV

This trading system has featured on top TV shows in the UK and Australia. But did it appear on the Shark Tank, the Dragons Den, This Morning Show, and Good Morning America? Find out below!

Bitcoin Formula and the Shark Tank

A lot of bitcoin-related products have been featured on the Shark Tank. However, Bitcoin Formula is not among them.

Bitcoin Formula is operated by a billion-dollar conglomerate and hence has never been pitched to angel investors. The Shark Tank is a reality TV show where startups can pitch their products for angel investment.

Bitcoin Formula and the Dragons Den

Contrary to what some Reddit posts claim, Bitcoin Formula has never been pitched in the Dragons Den show.

Just like the Shark Tank, the Dragons Den includes entrepreneurs in the UK, pitching their products to angel investors. Several Bitcoin-related projects have been pitched in the Dragons Den, but Bitcoin Formula is not among them.

Bitcoin Formula and This Morning Show

This Morning Show is a British TV program aired on ITV. It features renowned hosts such as Holly Willoughby and Phillip Schofield. Unconfirmed social media posts are alleging that Holly Willoughby has discussed Bitcoin Formula in the show.

However, there is no proof. Both Holly Willoughby and Phillip Schofield have discussed bitcoin-related topics on the show, but Bitcoin Formula isn’t among them.

Bitcoin Formula and Good Morning America

Good Morning America TV show is also highly popular and aired on ABC. It features a lot of topics, some related to bitcoin.

However, we didn’t identify any reputable information linking it to Bitcoin Formula. You should never rely on celebrity news to make investment decisions. We have tested Bitcoin Formula, and it seems to be the best tool to make money online.

Is Bitcoin Formula legit? The Verdict!

We have investigated Bitcoin Formula and verified that it’s a reputable platform. Moreover, it’s profitable and easy to use.

You can sign up with Bitcoin Formula on their official website by clicking the link below. Please note that trading on high leverage involves increased risk. Only invest what you can afford to lose.

Try Bitcoin Formula For Free

Our Rating

bitcoin formula website
  • 60+ crypto pairs to trade
  • Reportedly 70%+ of users are profitable
  • Start with as little as $/£250
  • Leverage up to 5000:1
bitcoin formula website
All trading carries risk.

FAQs

How do I make money with Bitcoin Formula?

Sign up with the bot and fund your account with USD250. Follow the provided instructions to set up an account and click the live button to start trading.

How much money can I make with Bitcoin Formula?

Bitcoin Formula is reportedly extremely profitable. You can generate fortunes from an investment of as little as $250 if you follow the provided trading instructions.

How do I withdraw profits?

The withdrawal process is easy. Click the withdrawal tab and fill the provided withdrawal form. The underlying broker will facilitate the transaction within a few hours.

Users should remember that all trading carries risks and users should only invest in regulated firms. 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.
Adam Green

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.