The BitQS platform is one of the many automatic trading software websites that are available on the internet. This website is used by those who wish to conduct Bitcoin trades using CFDs or Contract for Difference.
Due to the popularity of this trading software and members’ success, many looking at the app from the outside believe it to be a scam. For this very reason, we wanted to find out for ourselves and provide you with a trustworthy source to find out if this trading platform is a scam or not.
- 1 BitQS Review
- 1.1 Is BitQS a Scam?
- 1.2 Is BitQS a Legitimate App: Our Verdict
- 1.3 What is the BitQS App
- 1.4 How Does BitQS Work?
- 1.5 The Features Making Up the BitQS Software
- 1.6 Why Should You Be Using the BitQS App to Conduct Trades
- 1.7 Our Verdict
Is BitQS a Scam?
Many trading platforms have been formed to accommodate this demand. Unfortunately, a fair amount of these trading sites have only been created to take advantage of those who want to get into the Bitcoin trading world.
Many people believe that BitQS is one of these sites. However, from our research, we have found that this trading app has primarily been formed to help members make trades and mainly caters to traders who don’t know much about Bitcoin or online trading as a whole. Due to its functionality, it can be used as a useful tool for CFD trading.
Nonetheless, we still wish to offer a disclaimer when using this and any other trading software. When conducting trades on a trading platform, such as BitQS, BitQT, Bitcoin System, and more. you should always treat this system with caution as cryptocurrency still remains incredibly volatile. Thus, any form of trading Bitcoin comes with risks, and trading with BitQS is no different.
Is BitQS a Legitimate App: Our Verdict
This trading platform is equipped as a legitimate automatic trading platform, but that doesn’t mean you shouldn’t be cautious. This trading website uses an algorithm to provide members with a higher success rate than other trading platforms that don’t use the same feature.
We highly recommend familiarizing yourself with BitQS’s system before you start investing money into your trading account. In addition to this, we also suggest investing small amounts until you feel more comfortable using the platform. Still, cryptocurrencies hold the reputation of being highly volatile, which means that your trading activity is going to have an unpredictable nature.
What is the BitQS App
It’s relatively new and uses an algorithm based on historical data, which aids in providing members with appropriate trading signals to help indicate when you should open trades.
In addition to this, the advanced technology equipped in the trading software provides you with the ability to find out what’s going on in the cryptocurrency trading market a second before other trading platforms. This isn’t a huge difference, but it allows you to know the market conditions sooner than other traders who are using alternative platforms.
Not to mention, this means that the auto-trading functionality reacts first to changes in the market than other trading software. Many members have stated that the platform offers a straightforward and easy-to-use site that’s incredibly effective.
Moreover, many of these members lack experience in the trading world and can still see a return on their trading activities. Although we’re unable to verify each of these members who have given these testimonials, we feel that we have researched enough of this trading software to conclude that this software is legitimate.
How Does BitQS Work?
How do the founders make money if they aren’t taking it from their members? From our extensive research, we believe that the founders of BitQS are gaining money from the brokers, which is based on how many trades are complete. However, we aren’t 100 percent sure about this.
When becoming a member of the BitQS trading platform, you’re required to deposit $250 after setting up your account on the BitQS trading site. This money is used to conduct trades on the Bitcoin trading market. You’re also paired with a broker that’s located on the BitQS platform.
This broker is the person who handles the transaction for you. Each trade takes around 20 minutes and is all conducted on an automated basis. Due to this, you don’t need to take to the broker to discuss the conditions surrounding your trades, as the platform implements your pre-set trading parameters to conduct trades on your behalf.
How Do You Set Up an Account with BitQS?
Once you have filled out this registration form, an email is going to be sent to your email, which contains a verification link. After receiving this email, you should click the link to verify your email address. This link is going to redirect you to the login page, where you can enter your verified email address as your user ID and password you chose in the registration form. During this process, you aren’t required to enter your debit or credit card number or pay for anything.
After you’ve gained access to your BitQS trading account, you can take as much in the website to become familiar with the features and layout. Once you feel comfortable and would like to start trading Bitcoin on the cryptocurrency market, you can go ahead and invest a minimal amount of $250 into your BitQS trading account. This is the smallest amount you can invest, but you can invest more if you want.
When these funds have been placed into your trading account, you can begin trading with the trading platform. We highly recommend checking various trading parameters before starting a trading session. When you are ready to start a trading session, you can click the trade button.
If you haven’t made any adjustments to the trading parameters, the BitQS trading software is going to be set to default mode. This is known as the beginner stage, and we recommend trading in default mode until you get more familiar with online trading.
The Features Making Up the BitQS Software
It’s easier to trade crypto, as there isn’t any exchange. When joining the BitQS trading community, you get paired with a broker. This is where, in a certain sense, you’re going to tell your broker if the price of Bitcoin is going to either rise or fall. You’re going to earn a profit on this trade that’s based on the parameters you’ve set, if you’re correct. There is an excellent chance of winning, but there’s no guarantee as this type of trading does come with risks.
As mentioned previously, there aren’t any guarantees when it comes to trading Bitcoin or other cryptocurrencies. However, the win rate of this trading software is excellent. Due to this, it’s clear that you can earn money through this website. Nonetheless, new traders may have a significantly lower initial payout. The payout amounts vary from member to member, but it’s clear that these trading activities are profitable.
The majority of similar auto-trading platforms require that you send forms of identification, such as bank institution information and utility bills. However, this takes a long time to verify and is more complicated. Not to mention, many people dislike sending such sensitive information. This is why BitQS is an excellent choice, as it only requires minimal information, which can be verified quickly.
You aren’t required to pay any fees for using this trading platform. This trading system doesn’t make traders pay any fees or commissions to brokers. You can trade on this trading platform for free.
The money investing into your trading account is entirely yours to control and manage. You can withdraw these funds whenever you wish. However, it would be in your best interest to reinvest your profits into this trading account. You can also withdraw from your trading account. The withdrawal process is easy. All you need to do is fill out a withdrawal form, and you can receive this money in your bank account in around 24 hours.
You might find that you have a few questions or problems you would like resolved when using the platform. This is especially the case if you’re a new trader. There are many resources on the platform that allow you to gain the information you need. One of these resources is the live chat or email, where you can talk to one of the experts at BitQS. This support is known to be incredibly helpful and rapidly available.
Why Should You Be Using the BitQS App to Conduct Trades
Set it and Forget It
After you've set your trading parameters and clicked on the trading button to start a live trading session, you don't need to do anything else. You can check on your trades progress throughout the day, but you aren't necessarily required to do so. This is contrary to conventional trading activities where you need to sit and watch all changes to the trading market.
Easy Trading Process
Due to the automatic functionality of this trading software, all you need to do is set your trading parameters. The system is then responsible for conducting trades that fit these parameters on your behalf, making it very easy to trade online with this system. Not to mention, it only takes around 20 minutes to set your trading account and begin trading.
Quick Set Up
The process of creating a trading account with BitQS is speedy and effortless. This is primarily because you don't need to provide a copy of your ID or bank statement. The registration form takes a couple of minutes to fill out, and the confirmation email is sent in mere minutes.
Low Upfront Pricing
You're only required to invest a minimal amount of $250 to start trading. Thus, this isn't a significant investment to make. Not to mention, the returns on these trading activities can be reinvested into your trading account or withdrawn.
However, although this trading platform is a legitimate and trustworthy trading system, you should still treat these trading activities cautiously. This is because all cryptocurrencies, including Bitcoin, are volatile in nature and, therefore, unpredictable. It’s for this reason that you should know what you’re doing before making the first step.