Bitcoin Profit Review

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4.9/5
Ideal for novice and professional traders
Begin trading immediately on signup
Platform available in 12 languages
OPEN ACCOUNT *Risk is involved with all trading actions

Pros

  • Low initial deposit
  • Accessible on any device
  • Easy withdrawal process
  • Secure trading platform
  • Trade immediately after signup

Cons

  • Restricted in some countries
  • Various website clones
  • A $250 minimum investment is prohibitive
Bitcoin Profit Highlights
🤖 Type of Service Bitcoin, CFDs, and cryptocurrencies
💰 Software cost Free
💰 Withdrawal fee 2% on all profitable accounts
📊 Type of platform Web-based and mobile compatible
💵 Deposit options Credit cards, bank transfer, PayPal, and e-Wallets such as Skrill
🌐 Countries EU, Asia, Australia, North America, and Africa that accept CFDs except the US

Bitcoin Profit is a trading platform that allows working directly from a browser without downloading anything. New users can use a demo account to discover how the platform works before using the pro version. The platform also has an app available on all devices, whether Android or iOS, including desktops.

Users access a list of all active trades to make sound decisions before participating. The platform considers user parameters to customize their experience. New users can rely on preset parameters or set their own according to their preferences. Customer service is available 24/7 in about 12 languages for users who may experience issues along the way.

The platform charges lower fees on withdrawals and is automated to give users precise market forecasts. It observes and assesses the crypto market and makes projections on the potential success of the transaction. Users get a dedicated manager to handle their accounts after creating an account on Bitcoin Profit.

What Is Bitcoin Profit?

Bitcoin Profit is a trading platform for Bitcoin founded by two brothers. The trading platform allows investors to trade with ease. Anyone can use the platform, including those without prior knowledge of online trading platforms.

The platform was developed the brothers who were very good at math. One liked creating formulas to make life easier for others. The other brother liked working with numbers from an early age and developed a great interest in online trading, especially cryptocurrency.

He studied the market, realized how to make the right trades, and sought to develop a platform for others who don’t have much time to study the market as he did. Bitcoin Profit evolved from a beta platform he had created to help ordinary people participate in fast-paced Bitcoin trading.

The platform utilizes three crypto trading techniques: news trading, arbitrage trading, and price trend analysis. It ensures accurate trading and is constantly updated to keep up with the highly dynamic market.

Is Bitcoin Profit Legit?

This platform has been operating since 2014 and featured multiple times on TV shows in the USA and the UK. Any reputable brand wouldn’t want to associate itself with a scam. The trading platform is accessible in about 150 countries and is registered as a public limited company in the UK and Australia.

According to information on its website, the platform invested thousands of dollars in making it safe. It relies on Rivest-Shamir-Adleman (RSA) encryption, a public key encryption scheme for securing sensitive data. It’s the world’s best cryptography method for encoding information on a website.

Bitcoin Profit also uses AES encryption to secure user data. Investing in state-of-the-art encryption to protect user information makes the platform legit. It proves that the people behind the platform care about its users and can’t let them fall into the hands of scammers while using the platform.

How Does Bitcoin Profit Work?

Anyone can use the platform even without prior experience using online trading platforms. Users must deposit a minimum of $250 to begin trading after signing up and logging in. They can set a stop loss limit which is a cap on the amount to trade to avoid making significant losses.

The platform doesn’t charge any fee to deposit, and the funds are reflected on the users’ accounts in seconds. Users can access the platform and input their parameters and preferences.

Preset options are available for beginners to give them an optimal experience. Seasoned traders can adjust the parameters to test theories and strategies. Users have the discretion to go with preset parameters of their own.

The next step is to read the rules and guidelines. When satisfied with them, click “Trade.” Furthermore, the platform will begin searching for trades matching their criteria. Once completed, the platform will help close the trade and search for another.

Users can keep their profits on the platform to trade again or withdraw them using methods including bank transfer, PayPal, and Skrill. The platform takes a 2% charge off all profitable accounts. Withdrawals are possible through the app or web-based platform and take about 30 minutes to reflect in the user’s account. 

Bitcoin Profit Features

It’s always very important to assess the features available on a trading platform before using it. Here are some features we came across while reviewing this trading platform.

The platform has dedicated support available 24/7 through a contact form on its website. Users can fill in their name, email and message before sending. There’s also a FAQs section with answers to some frequently asked questions. We couldn’t find an email or telephone number to contact support on the platform.

Creating an account is accessible but restricted to citizens in countries that accept CFDs worldwide. The platform only asks for a bit of information from users to create an account. Getting started requires filling in their first and last name, email, and telephone number in the registration form. Opening a new account takes a few minutes to begin trading immediately.

After registration, you choose the user’s preferred deposit method and amount to deposit. Users must deposit a minimum of $250. The trading dashboard becomes accessible, and they can start immediately after choosing their parameters.

The trading platform offers users a demo to test their services. New users who have never used an online trading platform can use the demo to learn how the platform works. The demo version works like a live platform but doesn’t require using real money.

This feature makes the platform legit since it allows everyone to learn how it works before activating the pro version. The demo account also showcases the platform’s maximum capacity to allow users to get acquainted with selling and buying.

Users can trade various currencies on this platform apart from Bitcoin. Some top currencies available include Bitcoin Cash, Ripple, Cardano, Litecoin, Ethereum, and Binance. There’s no reason to move to another platform for users who trade other cryptos apart from Bitcoin.

The platform has a live trading feature activated at a click. Users must set a stop-loss limit to begin trading. A stop loss activates when the market experiences a sudden downtime. The platform restricts investing more of their funds to save you from losing money.

Users must choose their best crypto pairs based on the current market situation. Some trading pairs include BTC/USD, ETH/USD, LTC/USD, and XRP/USD. Then, the platform will perform the trade on the user’s behalf.

When reviewing this trading platform, it was discovered to be 0.01 seconds faster than the live market. This is very important since the price of cryptos is highly volatile, and any difference in second may contribute to a profit or loss. The faster marginal response advantage of Bitcoin Profit enhances opening and closing positions to impact profitability.

The Bitcoin Profit App is available for Android and iOS users. It’s a hybrid app that is a conversion of the web trader’s HTML5 version. Users can access all features of the platform on mobile, including withdrawals.

Users can withdraw their earnings or keep them on the platform to continue trading. For withdrawals, a 2% charge applies to all profitable accounts. There are various withdrawal methods, including Skrill, PayPal, and bank transfer. The funds take about 30 minutes to reach the user’s account.

The platform has some inbuilt financial tools for users to use. Every trader can use these tools, such as a Bitcoin Profit Calculator, to make their experience comfortable. Users can get whatever they want from a single platform to keep them focused on their trades.

Is Bitcoin Profit Safe?

Bitcoin Profit ensures client safety using Advanced Encryption Standard (AES). It also complies with data privacy laws in all jurisdictions where they operate. AES encryption is the most advanced safety protocol, which offers maximum safety from all cyberattacks. Both the web-based version and app of the platform are AES encrypted, making them safe for users.

The platform is legit since its website is protected with a Secure Sockets Layer (SSL) certificate. A padlock icon shows an encrypted connection to the website using Hypertext Transfer Protocol Secure (HTTPS) and that the website has an SSL certificate.

Its privacy policy also proves the platform works under legal obligations. This policy handles customers’ information collected during its operations. It gives visitors what to expect from working with the platform.

Bitcoin Profit Pricing and Fees

Registration on the app is free, unlike their competitors, who charge a license fee that may go up to $10,000 monthly. This platform takes just 2% wherever users make a profit. This fee doesn’t apply to unprofitable accounts.

There’s no limit on the amount users can withdraw from the platform or hidden fees. All pricing information is highlighted on the trading resources page. Users are notified wherever there are adjustments in pricing.

Conclusion

Bitcoin Profit is a trading platform for cryptocurrencies. The platform is legit and has users from over 150 countries worldwide. Users’ information is protected using AES and RSA encryption and an SSL certificate on their web-based platform. A mobile app is available for Android and iOS users. The platform offers a demo version to try out its services and charges 2% on profitable accounts.

Bitcoin Profit FAQs

Let’s highlight users’ frequently asked questions about using this trading platform.

Why Use Bitcoin Profit?

Bitcoin Profit is a trading platform with an easy-to-use interface. Its developers sought to help ordinary people to trade cryptocurrencies regardless of experience. The platform combines conventional trading strategies and new technologies, making it user-friendly.

Registration and verification are effortless without any hidden charges. The platform only deducts a 2% commission wherever users make a profit. A demo account allows new users to understand its dynamics and interface before beginning live trading.

The system is automated to analyze profitable market trends and signals users on ideal trading options. Bitcoin Profit is legal and accessible in over 150 countries. Thanks to AES and RSA encryption, it keeps users’ information with an SSL certificate.

How Do I Use Bitcoin Profit and Manage Risk?

Managing risks effectively on the platform requires starting with a demo account to understand its dynamics and develop some winning strategies. Afterward, start with a smaller or minimum investment investing more. Keep some profits away from the platform to have something just in case the market isn’t working in their favor.

Setting a stop loss limit is also essential to avoid making significant losses. Finally, ensure to trade on a legit platform such as Bitcoin Platform that allows withdrawing their earnings and has security protocols in place to protect users.

How Do I Withdraw From Bitcoin Profit?

The withdrawal process is simple and requires users to log into their accounts on the website or app. Go to the wallet and click “withdraw” and then choose a preferred payment method.

Afterward, users select the amount they want to withdraw. The money usually reflects in the users’ accounts in about 24 hours. Cryptocurrencies aren’t legal tender in some countries. However, the platform allows users to use fiat currency such as USD to complete the withdrawal process.

Risk Disclaimer

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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