Bitcoin Gemini is a cryptocurrency trading robot that claims to help investors make a profit from speculating on cryptocurrencies’ price movements. The robot is based on innovative trading algorithms that allegedly can analyze the crypto market and place orders in the market via a custom set of statistical analysis and charts. But is Bitcoin Gemini a scam or legit trading robot?
We’ve conducted an in-depth review of this trading robot to determine whether it is legit, and what are the benefits of trading with Bitcoin Gemini. Read on to find out everything you need to know about this popular trading robot.
What is Bitcoin Gemini?
Bitcoin Gemini is a cryptocurrency trading robot that operates similar software like many other trading robots in the industry. However, new trading robots enter the market with different algorithms that can crack the market. This is another reason why new trading robots pop up more often than ever. As the cryptocurrency market is in its early stage of development, the trading volume is low compared to other markets such as the stock, forex, and futures market. This allows crypto trading robots to add liquidity to the markets and make substantial profits by making arbitrage transactions.
Obviously, trading robots like Bitcoin Gemini are more accurate than humans. Bitcoin Gemini, for instance, reports an outstanding win rate of 99.4%. With this high claimed accuracy rate, the robot claims that users can make an average daily profit of $1,111.36.
How does Bitcoin Gemini work?
According to Bitcoin Gemini, the trading software has been created using the most advanced trading technologies in the market. These technologies allow the software to place orders 0.01 millisecond ahead of other players in the market. The robot is basically scanning the market throughout the day, searching for small price fluctuations derived from technical analysis or fundamental news-based events. The software applies a trading strategy called scalping, which is a trading method of arbitrage of small price gaps that is usually done by strong computing systems.
Bitcoin Gemini is a fully automatic trading robot which means it removes any human intervention from the process of trading. According to the robot and user reviews, users need to complete three easy steps in order to get started with this robot. Apart from that, a user needs to monitor the account and change the settings occasionally to maximize the robot’s performance.
Like any other legit trading robot in the market, Bitcoin Gemini must connect traders to CFD brokers that are authorized to hold investors’ funds and execute orders in the market. This review confirms that Bitcoin Gemini partners with well-reputed regulated brokers.
Bitcoin Gemini: trading
There are some things you can do to get the most out of trading with automated trading robots like Bitcoin Gemini. First, Bitcoin Gemini allows you to trade on a wide range of cryptocurrencies and therefore, it is recommended that you explore exotic crypto coins that might generate higher profits than the most popular coins such as bitcoin and ethereum. It’s also advisable to follow market news and understand what drives cryptocurrency prices.
Furthermore, Bitcoin Gemini partners with CFD brokers that enable users to leverage their capital. A leverage ratio is basically a loan you can take from the broker in order to increase your capital. It allows you to leverage your position, hence, make higher profits in relation to your capital but also increases the risk of losing your investment. Before you start trading, it’s advisable that you set an appropriate leverage ratio, a daily stop loss, and a fixed stop loss rate per trade. Whenever you decide to utilize the automatic software, we suggest that you track the account for a few minutes per day and analyze the robot’s performance in segments of 6-8 trading hours.
Bitcoin Gemini celebrity endorsements
There have been rumors that Bitcoin Gemini has been endorsed by celebrities such as Gordon Ramsay, Winklevoss twins, and Richard Branson. These rumors, however, are unfounded and misleading. Fake sites are using the popularity of trading robots and celebrities to create fake titles in order to promote their ranking on search engines. A background check of these rumors confirms that these celebrities have never confirmed to have invested in Bitcoin Gemini.
Can you get rich by trading with Bitcoin Gemini?
According to Bitcoin Gemini, users profit a minimum of $1,111.36 per day. Reviews on the robot’s site as well as across the web indicate even higher profits made by investors. We found user testimonials of people who claim they have made profits of more than $2000 per day. Bitcoin Gemini also reports on the website that the profits are unlimited with this software.
Having said that, trading is a risky business and in particular cryptocurrency trading. Do not expect to get rich by trading with Bitcoin Gemini, however, it has a proven trading track record and a generally positive opinion among users. Therefore, it seems like a good reason to try this software with a minimum requirement of $250. Then, if the robot generates long term consistent profits, you might want to increase your account balance by reinvesting the profits.
Bitcoin Gemini User Testimonials
The robot presents on its official website some user testimonials of traders who have made high profits with this trading robot. These testimonials appear to be from real people. Most of the reviews report that it is possible to make high profits with Bitcoin Gemini and that that robot has excellent customer support and a seamless withdrawal process. There are also many reviews across the web claiming that Bitcoin Gemini is legit and to have had a high success rate with this bot.
Yet, we recommend that you remain careful with automated trading robots as this type of investment carries a high risk and therefore, it’s advisable that you invest the minimum requirement of $250.
Bitcoin Gemini: verdict
There are plenty of crypto trading robots out there that claim to have a successful and unique trading algorithm. Yet, most of them of scams and the robot’s reliability and reputation are the most crucial factors when choosing a trading robot. Following this review, we can verify that Bitcoin Gemini is a legit automated trading robot. We can confirm that all their partner brokers are highly regulated and the robot allows traders to withdraw funds anytime they want.
Furthermore, the robot has a positive reputation and the majority of the reviews report that Bitcoin Gemini is reliable and transparent. The robot states on its website that there are no hidden fees and the use of the software is free of charge. These factors indicate that Bitcoin Gemini can be trusted.
Is Bitcoin Gemini legit or a scam?
Bitcoin Gemini is not a scam trading robot. Following our careful investigation and based on the reviews we have found, this robot appears to be legit and can be trusted.
Do I need to have trading experience and skills to start trading with Bitcoin Gemini?
As we mentioned in the above, Bitcoin Gemini’s software was specially designed so anyone can utilize it without any trading skills or experience. Users who have used the software report that it is intuitive and easy to use.
How much should I deposit with Bitcoin Gemini?
Bitcoin Gemini requires an initial deposit of at least $250. We suggest that you start with the minimum requirement.