Bitcoin Prime Review: Is Bitcoin Prime Scam or Legit?
There are many individuals who are skeptical about using advanced trading software. This includes Bitcoin Prime. This skepticism is valid due to the volatile nature of the crypto market, which makes investing quite risky, especially for new traders who have no experience in the trading world.
This skepticism surrounding automated trading software is also mainly due to scammers on the internet who use illegitimate trading software to take money away from those who make use of this software. For this reason, many people believe that Bitcoin Prime is another one of these illegitimate trading software platforms. We have developed this Bitcoin Prime review to break down all the elements of this trading software and ultimately help you make an informed decision about becoming a member of the Bitcoin Prime community.
Is Bitcoin Prime Scam? Our Verdict
Crypto trading markets are known to have a volatile nature. Meaning, there are many changes within the market on any given day. Thus, there are more risks involved when trading with cryptocurrency. With that being said, you also hold the potential to gain exceptional trading opportunities due to this volatile nature.
The drastic results of using Bitcoin Prime, along with other trading software, make it seem as though the technology isn’t legitimate. Nonetheless, we don’t believe Bitcoin Prime to be a scam. In fact, this trading software provides users with an excellent way of conducting trades more productively.
Bitcoin Prime is equipped with a specialized algorithm that provides users with unmatched efficiency. The inclusion of this algorithm into the software offers it the ability to scan through the endless amount of ‘noise’ created previously within the trading market. This information is then used to determine how that particular cryptocurrency did on this day and other days within the last so many years.
With this information, Bitcoin Prime is able to help you decide whether or not Bitcoin (or another cryptocurrency) is going to rise or fall in value. In addition to this, Bitcoin Prime holds the ability to do this for any minute or hour of any day you decide.
Not to mention, it’s equipped with advanced technology that aids in identifying current market conditions and flows that are in line with your pre-set trading parameters. Once this has been identified, triggers are generated that ultimately make the trade on your behalf.
What is Bitcoin Prime?
This trading software provides incredible functionality to its users by incorporating intelligent technology backed by Al and machine learning.
Additionally, Bitcoin Prime is effortless and straightforward to navigate and use. It also has exceptional performance that’s unmatched by other trading software.
How Does Bitcoin Prime Work?
Advanced technology and algorithms are incorporated into Bitcoin Prime’s trading software design to scan through the market conditions and find trading opportunities that are in line with your trading parameters. In addition to this, this Bitcoin Prime trading software also holds the ability to effectively and instantly react to changes in the market.
This is vital, as the cryptocurrency trading market is exceptionally volatile. Thus, having the ability to react to changes instantly can prove to be extremely advantageous.
The Bitcoin Prime trading robot relies on specialized robot brokers as a method of bridging to crypto markets. The role of these partner brokers includes conducting order execution, as well as transaction facilitation with clients. Bitcoin Prime only employs these brokers if they are reputable and are well-regulated.
Registering with Bitcoin Prime and Getting Set Up
Bitcoin Prime is a trading robot that can be accessible in all countries that are supported with fast-paced trading derivatives. This includes countries in the EU, Africa, Asia, South America, and North America. You hold the ability to begin trading with Bitcoin Prime today by following the steps outlined below:
Step One: Register Your Free Account with Bitcoin Prime
You can visit the Bitcoin Prime website to start the registration process. You're going to be required to fill in the signup form on the right upper corner of the screen. After this, you should accept the terms and conditions.
Once this has been completed, you're going to need to verify your information and ID. Bitcoin Prime is going to link you with a locally regulated broker. However, this can only take place after you have confirmed your trading account. With full certainty, we can say that Bitcoin Prime manages all of your information with strict regulations and policies to ensure confidentiality.
Step Two: Investing Trading Capital
You're required to fund your Bitcoin trading account with a minimum investment of $250. You hold the ability to deposit more money if you want to conduct a large volume of trades. However, this can magnify the risk associated with your initial investment.
Step Three: Getting Set Up
The functionality of Bitcoin Prime makes it an auto-robot. Thus, little manual input is required to conduct trades. It's highly recommended to read out the beginner's trading guide and closely follow the guide's suggestions.
The platform is catered to beginners, as well as professional traders. To accommodate these beginners, the Bitcoin Prime platform is equipped with a demo trading account. The goal of this demo account is to help you establish a clear picture of what you can expect during a live trading session.
You're able to practice with virtual money of up to $5,000. The information portrayed in the demo account is all based on historical data. Thus, it's equipped to function under the ordinary circumstances you would find in a normal trading session.
In addition to this, Bitcoin Prime has made its app entirely beginner-friendly. Not to mention, it doesn't take much time to set up and use, so you don't need to sacrifice your daily activities in order to trade with Bitcoin Prime. On average, you only need approximately 20 minutes a day to make adjustments to your trading settings, as well as open and close your trading sessions.
Why Should You Trade with Bitcoin Prime?
Any users who are new to the site are going to find the platform and its technology easy to navigate and work with. The developers of this site have specifically made the features of Bitcoin Prime effortless and straightforward to comprehend.
As previously mentioned, Bitcoin Prime only partners with well-regulated and reputable brokers to ensure the safety of your investment. In addition to this, a personal broker can be specifically assigned to your individual profile and execute different investment strategies on your behalf.
A licensed trading company is required to conduct a verification process on all of its users. This is what Bitcoin Prime does, which helps in showing the trading platform’s legitimacy.
However, instead of simply incorporating a verification process into its system, this process has specifically been designed to be hassle-free and quick. This helps the user save time verifying their identity and rather spend it using the unmatched Bitcoin Prime trading software.
The trading software and platform is catered to allow beginners to conduct trades. Bitcoin Prime provides these beginner users with the ability to learn about the different trading mechanisms before they start funding their trades and investing money from their trading account.
In addition to these features, the Bitcoin Prime trading account also works to safeguard beginner users from investing massive sums of money into a market that they aren’t sure about or comprehend well enough.
Frequently Asked Questions
The minimum amount that you can deposit into your Bitcoin Prime trading account is $250. However, some traders wish to invest more because they want to conduct more trades. The underlying broker that you’re provided with manages all of these deposits.
We have thoroughly tested the Bitcoin Prime platform and found that it meets all of the standards to classify it as a legit and trustworthy trading robot. Nonetheless, users still need to recognize that just because a trading robot is legit, it doesn’t mean it’s invincible and is always going to return favorable results. All trading, even automated trading robots, carry risks.
Yes, the Bitcoin Prime trading software is also accessible through an app for both iOS and Android devices. However, only registered users have access to these apps, so you’re going to need to register on a laptop or computer before you can begin using the Bitcoin Prime app. The app is built to be highly intuitive, as well as it includes all features provided on the live-web trader. Thus, you’re able to monitor your account while you’re on the go.
Bitcoin Prime doesn’t charge anything to become a member of the Bitcoin Prime community and register a trading account with the platform. Making use of the Bitcoin Prime platform, along with its trading software, is completely free. Nonetheless, one cost that needs to be paid is the initial deposit into your trading account.
However, it’s important to note that this money isn’t payable to Bitcoin Prime. This is entirely your money that works as an investment into trading Bitcoin and other cryptocurrencies. The money in your trading account is used to fund your trading activities. Bitcoin Prime doesn’t take a percentage of this money. It’s your money, and you can control how you use it.
Bitcoin Prime is available in more than 150 countries. You’re able to start trading on the Bitcoin Prime platform from anywhere in the world as long as it’s legal to do so in that specific country.
Our conclusion has also been heavily based on the research and reviews we have found stating that Bitcoin Prime is indeed a reliable platform for investment consideration.
When looking at the Bitcoin Prime platform, we concluded that the safety, customer service, ease of use, performance, and reputation were all of high-quality, further suggesting that the Bitcoin Prime platform is one that can be trusted. Thus, it falls into the category of being a legit trading robot like Bitcoin Revolution, Bitcoin System, and Crypto Trader. It doesn’t fall under the category of being a scam such as other trading robots, including Crypto Bank and Bitcoin Bank.