Pros
- Easy to open a trading account
- Works with reputable brokers
- Access to trading tools and guides
- Easy-to-navigate interface
- SSL secured
- Accepts various payment methods
Cons
- A $250 minimum deposit is prohibitive
- No dedicated mobile app
- Not live chat, phone, or email support
| 🤖 Type of Service | Bitcoin and CFDs trading |
| 💰 Software cost | $0 |
| 💰 Withdrawal fee | 2% commission on profitable accounts |
| 📊 Type of platform | Web-based platform |
| 💵 Deposit options | Bank wire transfer, Skrill, MasterCard, PayPal, and WebMoney |
| 🌐 Countries | Available in all countries |
Bitcoin Loophole is a crypto trading platform that operates on behalf of traders to identify potential trading opportunities in the market and executes trades according to their set parameters. Users don’t need prior knowledge or technical experience to use this platform. The platform uses an algorithm to complete trades faster and to trade continuously.
An in-house system tracks fluctuations in crypto values and spots patterns expected to come before a significant directional movement. The system inserts a buy/sell order into a trade through a brokerage account when an appropriate pattern is available.
Bitcoin Loophole uses leverage trading to create substantial holdings with just little capital to increase potential earnings from a slight price change. The transaction is closed immediately when the algorithm’s profit target is reached. According to the platform, this may include various active trades. We didn’t manage to verify Bitcoin Loophole’s success claim.
The platform’s high-frequency trading techniques research, analyze, and execute trades for different cryptocurrencies and place bids in various markets. After every profitable trading session, it automatically closes trades and deposits profits in traders’ accounts.
Contents
What Is Bitcoin Loophole?
Bitcoin Loophole is a trading platform that relies on high-frequency trading to help users trade in cryptocurrency around the clock. The platform promises users 60% daily returns after depositing a minimum of $250. It claims 99.4% accuracy, which increases the chances of getting decent earnings after understanding its features.
The platform employs a contemporary algorithm making it 0.01 seconds ahead of other trading platforms. This difference is very significant in the highly volatile cryptocurrency market. Users of this platform have the edge over those using different platforms.
Furthermore, the platform is available in auto or manual mode. An auto mode allows trading without human interaction. The manual mode allows users to trade without any assistance from the platform’s automated features.
Is Bitcoin Loophole Legit?
The trading platform is legit since it allows users to participate actively in the trades. Users set the parameters the system uses to recommend potential markets. They can also set the amount to trade and a stop-loss limit. A demo version is also available for users to test the platform’s features before investing their money.
Its reputation also proves Bitcoin Loophole is legit. The platform has received comprehensive media coverage and multiple online reviews on sites such as TrustPilot, where it’s rated 4.8 by nearly 10 thousand users. This system is also legit because it uses licensed and registered brokers and has no hidden fees.
How Bitcoin Loophole Works?
Before using any trading platform, it’s crucial to understand how it works. During our review, these are the three steps to discovering how the platform works.
The first step for users to find out how the platform works is to create an account. It’s a simple process which requires users to fill in their first name, last name, email, and telephone number on a registration form.
Registration is free, but users must verify their accounts to prove their emails exist and belong to real people. Verification requires clicking on a link that takes the user to the platform’s website to access their dashboard.
After verifying their accounts, users can access the demo account to try out the platform’s features before using the live version. The demo doesn’t require depositing to use the features. Users can develop strategies and understand how to limit losses without risking their money.
After gaining confidence that they understand the platform’s features, users can now switch to the live version. This requires depositing a minimum amount of $250 and a maximum of $15,000. Users must give brokers their preferred parameters to identify trading opportunities for them.
Bitcoin Loophole Features
Every trading platform has unique features to give users a wonderful experience. These are the ones we discovered when reviewing Bitcoin Loophole.
- Bitcoin Loophole Demo Account
The platform offers new users an understanding of how it works to minimize losses during live trading. A demo version has similar features to those in the live version. However, users do not need to deposit money into their accounts to use the demo account.
Its primary purpose is to give users a chance to understand the platform’s various features and develop winning strategies for use when trading with real money.
- Customer Support
The platform has a contact form on its official website where users can fill in their names, email, and message to the customer support department. The website is available in multiple languages to cater to different users.
On the flip side, we couldn’t verify how long it takes to get a response. We also failed to trace other forms of support, such as email and telephone number.
- Easy Registration Process
Creating an account on the platform is seamless. Users must fill in their first name, last name, telephone number, and email. The process is simple and takes a few minutes. There’s no need to go through Know Your Customer (KYC) procedures which take some time and are frustrating.
Users can begin trading immediately after verifying their accounts and depositing the minimum amount
- Multiple-Cryptocurrency Markets
Bitcoin Loophole allows users to trade various cryptos apart from Bitcoin. The platform tracks and monitors price changes of over 14 cryptocurrencies, including Bitcoin Cash, Ripple, Ethereum, and Litecoin.
Users can trade in various CFDs for cryptocurrency and fiat currency pairs such as BTC/ETH and BTC/USD. The availability of CFD pairs increases the number of marketplaces available for users to trade. Users can also trade in fiat currencies such as the US dollar and the Euro.
- Seamless Deposits
Users who use the live version of the platform must deposit a minimum of $250. The platform accepts deposit methods, including PayPal, credit cards, bank transfers, and crypto-wallets. This gives users the convenience of depositing using their preferred payment method.
- Bitcoin Loophole Strategy Tester
This trading platform has an inbuilt strategy tester for users to perform back tests and forward tests on their preferred strategies. Users can optimize their trading by using the strategy tester to minimize the chances of losses.
- Simultaneous Withdrawals
The platform promises to process withdrawals in less than 24 hours to allow users quick access to their money. When users make a payment request, the system charges $2 commission.
Users are advised to withdraw at most 20% to invest when the markets are at their lowest. The platform advises users to return the remaining 80% to their trading accounts to generate more profits. However, users can choose an investment approach that works for them
- Bitcoin Loophole on Mobile
Despite not having a native app, users can still access all platform features on the go. There’s no need to download any software to use the platform on mobile. This eliminates worry about the installation process or getting regular updates for the platform.
The web-based platform is developed with HTML5, adopting it well on mobile devices. Users can access the platform through their web browsers on Android, iOS, or Windows smartphones. They can also access the trading platform on tablets and desktops regardless of the operating system.
- Consistent Earnings
The platform is configured to track potential trading opportunities in the crypto market 24 hours. The chances are high that each tradable session has lucrative opportunities for users. Understanding how the platform works may help them earn consistent profits.
- Exceptional Customization Options
Bitcoin Loophole allows users to customize their experience on the platform for more control over their trading activities. Users set parameters such as tradable coins, trading times, stake amount, stop-loss, and profit level. There’s also an option where users can switch between auto and manual trading modes.
Is Bitcoin Loophole Safe?
We tested the platform’s security and discovered it to be secured with an SSL certificate. A padlock icon in the address bar proves this. It secures communication between users and the platform through the browser.
The platform also works with brokers constantly monitored by tier-one regulatory bodies in the UK, South Africa, Australia, Asia, and the US. The bodies include the Australian Securities and Investment Commission (ASIC) and the UK Financial Conduct Authority (FCA). This proves that all brokers on the platform are transparent and comply with top-level security standards in the industry.
Bitcoin Loophole Pricing and Fees
The platform doesn’t charge users for accessing their services. Deposits and withdrawals are free. Users don’t have to pay any monthly or annual fee for using the platform. Bitcoin Loophole says it doesn’t charge for its services because they get money from third-party brokers.
Conclusion
Whether you’re starting or experienced in crypto trading, a trading platform is essential. Bitcoin Loophole is a platform that relies on advanced algorithms to analyze the market and give users potential trading markets. Using this platform doesn’t cost anything, and users can first use the demo version without depositing anything to test its features.
We found the platform legit and secure in various ways. Users can participate in the trades and let the system do it on their behalf. All brokers on the Bitcoin Loophole are duly registered and licensed by leading bodies in the industry to limit wrongdoings. Users can have peace of mind that their investments are in good hands.
FAQs
Let’s highlight some frequent questions users have about using this trading platform.
How Do I Access the Bitcoin Loophole Demo Account?
We strongly recommend new users on the platform use the demo account. It’s accessible by going to settings and selecting “Demo Account”. Users don’t have to deposit any money to test the platform’s various features.
The demo account works like a simulation to give users a real-life experience that prepares them for what to expect when trading real money. Additionally, the demo account allows for understanding the modes and methods that make trading easier.
How Do I Increase the Chances of Making a Profit?
According to our experience after using the platform, use the demo account to understand how the platform works. After gaining the confidence to stake real money, users must start by staking a small amount and increase gradually.
It is equally important to rely on the broker for professional advice on tradable assets. Users must also understand when to leave the market by setting a stop-loss to avoid making significant losses.
Additionally, users must also have a winning strategy and set realistic targets. However, one must know when to adjust the strategy if they need help getting it to work for them. Since the platform has other tradable assets, users must diversify their investment portfolio to increase their chances of earning profits.
How Many Trades Can I Do Daily on the Platform?
Bitcoin Loophole has no limit on how many traders users can undertake in a day. Users can set the auto mode to trade 24 hours, provided they have enough money in their account.
TrustPedia is a financial portal-based research agency. We do our utmost best to offer reliable and unbiased information about crypto, finance, trading and stocks. However, we do not offer financial advice and users should always carry out their own research.
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