This is our 2022 BitQT App review
BitQT App is one of many automatic trading software options on the market. It is used by people who trade Bitcoin using Contracts for Differences (CFDs). The bot claims that it offers an 88 percent win rate for its members and that people can earn a thousand dollars a day while using the software. Still, we wanted to find out if those statements were true or not.
Is this a scam? At TrustPedia, we wrote this BitQT App review to help you decide if it is worth investing with this trader bot or not.
- 1 BitQT Review
- 1.1 This is our 2022 BitQT App review
- 1.2 Is BitQT Scam Software?
- 1.3 Is BitQT App Legitimate: The Verdict
- 1.4 What Is BitQT App?
- 1.5 Some of the Best Features for BitQT
- 1.6 Why You Should Be Trading with BitQT App
- 1.7 Is It Truly Possible to Make Money with BitQT?
- 1.8 Tips to Use BitQT App
- 1.9 Is There a Mobile App?
- 1.10 Our Verdict
Is BitQT Scam Software?
However, it wasn’t always like that. It is the oldest of the cryptocurrencies, but people didn’t significantly invest in it until 2017. After that, though, Bitcoin soared in value, and it became one of the most popular of the cryptocurrencies. Then, everyone wanted to trade it online.
Celebrities often claim that they trade and invest in Bitcoin and added millions to their net worth. This is one reason why ordinary people invest. Still, though, we think that might be a bit exaggerated and is an advertising tactic.
Of course, you can research the celebrities who might have used Bitcoin to earn their wealth. However, BitQT App doesn’t make these types of claims, and we think that adds to its legitimacy.
Regardless of who has invested in the past, Bitcoin is still lucrative because it’s jumped to $20,000 in value in 2019. Sources claim that it might even go as high as $50,000 in value by the end of 2020. No matter who has invested in it, they have the opportunity to become wealthy.
With that said, BitQT App is there to help you make trades without having to know much about Bitcoin or online trading. It’s a tool for CFD trading, and we feel that it works. Still, use caution because cryptocurrency is highly volatile, so trading anything comes with risks.
CFD trading might even be riskier than exchange trades. However, we do feel that the website and software are legitimate because it does have a high win rate, though it isn’t perfect. Nobody can make perfect trades all of the time.
BitQT App is software that uses an algorithm to help search through historical data and find out how the cryptocurrency did that day and time in the past. That way, you can see how the market flows and make appropriate trades on what it might do right now.
You’ve got to set the parameters for trading so that the software knows when to make trades based on what you want to bet and when. Though you can’t see how the market is going to move, the software provides an edge.
With all this said, we believe that BitQT App is a legitimate option to use for automatic trading software. However, we must recommend that you be cautious. Familiarize yourself with the system before adding money to the account and starting the trade process. Invest smaller amounts until you feel comfortable and then consider reinvesting some of those earnings.
Is BitQT App Legitimate: The Verdict
BitQT App utilizes an algorithm, so it has a higher success rate than those that don’t have the same feature.
It appears legitimate, but there is high volatility when trading cryptocurrencies like Bitcoin. Therefore, keep those risks in mind.
What Is BitQT App?
Regardless of who created BitQT App, the fact remains that it is an auto-trading system for cryptocurrency and is quite new. The algorithm keeps track of historical data and uses it to provide you with appropriate signals as to when you should open trades. You find out what’s going on in the market about a second faster than others. It’s not a big time difference, but it means you know something sooner than everyone else. If you set it to trade automatically, there is no hesitation, and you have a good chance of winning.
Member testimonials often mention that the platform is easy to use and effective. Plus, many of them say they didn’t have any experience trading and still earned tidy profits. Though we can’t verify each member or their testimonials, we feel that this indicates the software is legitimate.
How Does BitQT Works?
We think that they earn money from the brokers based on how many trades are completed. However, we are 100 percent sure that they don’t charge the members anything.
You, as the trader, have to deposit a small amount ($250) once you’ve set up your account and are ready to trade. You get paired with a broker on the platform. This person handles the transaction, and then you trade through them and see if you win. Each trade can take about 20 minutes, but it is all automated. This means you don’t have to talk to the broker, and the platform uses your set parameters to make the trades for you.
How to Set Up the Account
Your first step is to create your account directly on the website.
You don’t have to provide a lot of information, but you do need a valid email address and cell phone number. A password is required, but the system can generate one for you.
Now, check your email to get a confirmation.
There’s a link inside the email, which you click on to verify your identity and go to the website. Use the email as your user ID and enter the password you created or had generated. From then until now, you aren’t required to pay anything or input a credit/debit card number.
You can spend as much time on the platform as needed to get familiar with it.
Once that happens, you can put the minimum amount ($250) in your account. This is the smallest amount allowed, but you can add more. It’s recommended that you don’t, but this is your choice. Remember, you can always reinvest your earnings.
Of course, when you are ready to trade, you click the trade button.
Consider checking the various parameters. They’re set to the default, which is what we recommend you leave them at, but this is your choice. As you get more familiar with online trading, you can change it to see what outcomes you see.
Some of the Best Features for BitQT
Since there is no exchange here, it’s easier to trade crypto. You get paired with a broker and, in a sense, tell them if you think Bitcoin’s going to rise or fall. If you’re correct, you earn a profit based on the parameters you set before turning on auto trades. There’s a good chance of winning, but it’s not a guarantee, and there are risks.
In fact, since the market is so volatile, it’s often best to set the trading to automatic and do other things. That way, you aren’t just staring at the screen and giving yourself anxiety, as it can be hard to watch.
Why You Should Be Trading with BitQT App
Is It Truly Possible to Make Money with BitQT?
This has led you here to learn more about BitQT App. You’ve got many testimonials to read from the homepage. These people are satisfied and are talking about their accomplishments while utilizing the bot.
Therefore, you can earn money on BitQT App. It has an 88-percent win rate, which is claimed by the company. We can’t disprove that and have made some money while testing the system. However, we aren’t the only ones, and many people have made money on the software. Since the auto-trader works in real-time, you know instantly if you have won or lost. Though there are indications of making profits, risks are there, too.
Cryptocurrency is highly volatile, and the markets can change fast and a lot. Therefore, we ask that you be aware of the risks and are careful with your investments. Start off with the lowest minimum deposit and check your earnings from that. Reinvest some of the money and consider adding more to your fund, as well. Please remember that you aren’t actually buying Bitcoin to store in a virtual wallet. You’re trading it back and forth.
Tips to Use BitQT App
You’re going to start seeing profits soon, so you should keep some of that in your account. However, we think it’s best to keep about 75 percent of your profits in there and remove the rest. That way, you’ve got a steady passive income from your earnings. However, you can choose different amounts based on what you need to live off of that week.
It’s fun to watch each trade and see it all in action, but this gets a little worrisome with time. You may start to second-guess the system and miss out on good opportunities.
You’re reading about it now, so that means you’re thinking of joining BitQT App. With the small investment requirement, it’s easy for many people to afford. We think it’s good to start off with the minimum amount. Of course, this is up to you to decide for yourself.
Is There a Mobile App?
No, you cannot download a mobile app from any store. The website can be accessed from any device and is mobile responsive to fit any screen. Therefore, you shouldn’t have issues using it.
However, BitQT App has a variety of good things said about it, so you can be sure it is legitimate. We think some people might have had bad experiences because they didn’t pay attention to the directions and didn’t understand it first.
Therefore, we recommend that you always read everything and know what you’re doing before making the first step.