BitBolt Review 2020 - All you need to Know
It’s incredibly evident now that cryptocurrency is highly tradable and popular. Digital currencies are there to offer you many benefits, including confidentiality and privacy, when making transactions.
There are considerably lower fees, and it’s faster to complete your trade with them. New traders don’t require any experience or trading knowledge now because of the advent of auto-trading robots. Now, you don’t need to buy Bitcoin directly and can trade through reputable brokers. Automated trading bots have been developed to reduce your risks during trading. This also helps you maximize profits. Since there’s no experience involved, anyone can use it to be profitable with crypto trades.
Therefore, we feel that each auto-trading robot should be reviewed extensively to provide our readers with the most accurate and honest information available. That way, you can select the right service and auto-trader and sign up confidently. Today, we’re focused on BitBolt.
You can watch a video about Bitcoin and how it became famous. Then, the sign-up box is right to the side of the video. It’s easy for you to sign up, and you get a glance of the dashboard where the live trades are made. In the demo mode, it’s possible to test the platform and see how everything works before investing any real money. This offers you a unique and exciting opportunity to learn about online trading and practice your trade strategies.
The dashboard provides various features that you can use. These can include Stop Loss and Take Profit. You may also set the risk level with which you feel most comfortable. This software offers direct access to the various trading assets available right now. Of course, you can also pick which brokers you utilize, which ensures honesty and transparency.
BitBolt also includes an automated mode, which lets you set your preferred parameters. Then, the bot takes over and does the rest. It makes trades for you and can open/close them in your name. That way, you don’t have to stay near to the device and watch it all personally. With all that we’ve said, initially, this all sounds positive, right?
Unfortunately, we never signed up to get a BitBolt account because we couldn’t be sure it was legitimate. If you look very closely (and most people don’t), you can see that the BitBolt platform and website are identical to that of the BitQT app. In fact, it’s our belief that BitBolt copied the design from BitQT itself. It features the same information and content from the original website. Therefore, we became wary immediately of the BitBolt software.
Please be aware that we’re not saying BitBolt is a scam website. That’s not the intention here with our article. Instead, we feel that BitBolt and BitSignal are copies of BitQT. Since BitQT was created first, we believe it’s best to sign up there because you know we’ve recommended it. It’s the original version and trustworthy. Still, we’re going to go more in-depth with the BitBolt website now.
What Can BitQT Offer to You?
You can easily and quickly trade various cryptocurrencies using it. Plus, the software offers some trading signals, which can help you decide how much and when to trade.
Uses Preferred Brokers
BitQT is always free to use. This is highly beneficial as you don’t want to spend a lot in the hope of earning money. When you’ve signed up, you can see each of the brokers on the website. They are all reputable, and many of them have already been reviewed by us. For example, you can choose from CPL One, InvCenter, and Midaswms.
Of course, BitBolt utilizes those same reputable brokers, but why should you use a copy of the original version when it’s available? These brokers offer you the all-inclusive environment with which you need to trade. You can also use the trading platform, making it all easier to understand.
With these brokers, you can make secure withdrawals and deposits and have access to many banking choices. That’s not all, as you’ve got access to various educational resources to help you learn about the system. When you require it, customer service is there to offer responsive and professional assistance, as well.
Customize the Trading Parameters
Another benefit of utilizing BitQT is that it’s suitable for all traders, whether you’re advanced or a beginner. BitQT knows that you’re not going to use the same strategies as another trader on the platform. Therefore, you can customize each aspect based on your particular risk preferences and needs. Of course, the same is true for BitBolt because it’s the exact copy of the BitQT app. Therefore, both dashboards are the same.
This includes the use of Take Profit and Stop Loss orders. Of course, the trading signals are also similar. Because you can customize the software to meet your needs, you’ve got more control of your experience each time. This is a huge advantage in the trading world. Still, though, why use a copycat version of BitQT? It’s best to use the original option to know you’re getting the safest and most secure features.
Manual and Automated Trades
One reason most people prefer BitQT is because they can choose automated mode with the software. This means it can trade for you, but it only utilizes those parameters that you set up at the beginning. This is highly beneficial because you can do other things while the algorithm finds appropriate trades, and the software carries them out. Of course, you don’t have to sit and watch the app do its work. Run errands and do household chores while you earn money. Plus, you never have to analyze the crypto markets again to figure out when it’s best to enter/exit the trades. BitQT does this for you!
Manual mode is another option and is open to everyone. With it, you can get more control of the trading activities. Use your own strategies, make them up and wing it, or do what you feel is best at that time. This can work out well when testing new theories. Seasoned traders often like this mode because it helps them hone their skills, but anyone can try manual mode if they prefer.
While BitBolt also does this, we feel you should utilize BitQT because it’s the original.
Accuracy with the Trading Signals
The signals offered by BitQT are extremely accurate. In fact, they can tell you which assets are best to trade and when to do it. Of course, the advantage of this is mainly for new traders. You can trade online without previous experience of the crypto markets. Plus, you also don’t require much knowledge of any financial markets to do things right.
Professional traders often benefit from the trading signals, too. This confirms that all of your market analysis was accurate and done correctly. You can also test your strategies against the signals to see if everything is on the up-and-up. If they aren’t, it’s easier to fine-tune them to meet your particular needs.
Of course, we did not sign up for BitBolt because we didn’t feel comfortable doing so. Therefore, it’s impossible for us to comment on the trading signals it uses and whether or not they’re accurate. Still, we do believe that if it successfully copied the full website and platform and uses the BitQT algorithm, it could work the same. We cannot guarantee this, though.
In fact, we do feel it’s safer and easier to just sign up on BitQT instead of BitBolt. That way, you know the developers have done their research, and everything works correctly for you. Otherwise, you run the risk of utilizing software that copies and steals from another. Therefore, it’s our belief that you should consider BitQT as your preferred automated trading software.
Powerful Experience and Accurate Trades
BitQT went above and beyond to ensure that the trading platform offers the features, tools, and services you require to be effective and profitable with your trades. Therefore, you can see live financial news straight from the dashboard and have access to the info you need to learn how to open trades. You also have access to asset price charts to help you analyze the market when you want to manually trade.
Interestingly, when watching the video on the BitBolt website, you learn that it offers the same features from BitQT. Again, we do believe that BitBolt copied the BitQT trading dashboard and rebranded it with its own name. While this isn’t illegal (technically), it does make us question BitBolt and its legitimacy. This is why we prefer to recommend BitQT to you.
Responsive and Professional Customer Support
Sometimes, you’re going to need customer service, so you need to be able to contact them whenever the need arises. With BitQT, you have a professional team that responds fast when you message them. They’re available with Live Chat and email 24 hours a day, but only Monday through Friday. Of course, you also work with the brokers and can contact their customer support systems, too. Everything is partnered, so the brokers can offer excellent support. Therefore, you get peace of mind that someone is available to talk when you need them.
BitBolt, on the other hand, only offers Live Chat. Though this is better than email in many ways, we filled out the questionnaire and never received a response. This red flag indicates that you shouldn’t use BitBolt if you want reliability. Use BitQT or BitQL instead.
Is BitBolt Suitable for All Traders?
While each one can cater to all trader types, the goal here is to focus on the original. You already have an indication that it’s safe because we have reviewed BitQT already. In this case, BitBolt doesn’t meet the standards we set forth since it was copied.
This is fake or virtual money, but it’s there to help you test the trading platform to learn how it works. That allows you to get used to making trades and how the automated system works, as well. Of course, you also get to use the trading signals from the software and algorithm. That way, you can start practicing and making your own, testing them without risking your money. You can come back to the demo whenever you need to, as well.
This is an amazing benefit for new traders. Advanced traders may want to use this demo account to test their strategies, as well. Even if you’ve already got real funds in your account, you can continue using the demo as needed.
While BitBolt also provides demo trades, it’s a copy. You’re best bet is to join BitQT. This way, you’re not going to join and use the BitBolt demo and then cancel your membership to just join BitQT, which is our preferred auto-trading bot.
You can easily see that BitQT works properly and those who use the system make money. While BitBolt does copy the platform and everything else, it didn’t directly take the testimonials from BitQT. Still, we researched things and found that similar review sites do show BitBolt to be a scam. We aren’t going that far to say that, but we do believe BitQT is a safer choice because it’s the original from the two sites.
BitBolt Scam or Legit – Your Bottom Line
We’ve reviewed other software throughout the years and can easily tell when a site is just a copy of another. This indicates that the platform isn’t the safest. While we can’t be sure BitBolt copied all elements, we also can’t vouch for accuracy and algorithms. Therefore, we feel you should sign up for BitQT.