Bitcoin Up App Review:
Legit or Scam Robot?
Bitcoin’s next boom has most certainly already begun.
Since April 2020, Bitcoin and other cryptocurrencies have returned to the limelight in full force, despite the decline in bitcoin price along with the crashing of traditional markets in the month prior.
As governments and central banks move to saturate the market with freshly-minted currency to combat the coronavirus pandemic, bitcoin investors are readying for a boom.
This chiefly has to do with a repeal on India’s two-year Bitcoin ban in March, allowing trading to explode.
The benefits of which were pushed higher by a country-wide economic decline and a mandatory coronavirus lockdown.
Trading volume rocketed by 800% in the two days following the lift on the country’s ban. This has sparked renewed interest on a global scale.
Benefits of Bitcoin UP
Bitcoin Up can take some of the mystery out of Bitcoin trading, especially for beginners or those who don’t quite know where to start. By using intelligent AI that scans and reads bitcoin news, you’re always ahead of the markets and trading in the most resourceful way. Let’s break down the overall benefits we found during our Bitcoin Up review below:
Is Bitcoin Up Legit?
After delving into positive reviews on TrustPilot and other cryptocurrency trading platforms, our Bitcoin Up review process found that the service appears to be legit.
Though the technology has only existed for under a year, the robot has already gained a loyal following of 50,000 users. That number continues to surge as bitcoin currency regains some traction in the markets due to Coronavirus.
Nearly all users report feeling satisfied with the profitability of the Bitcoin Up robot and the overall ease of use.
Still unsure of BitcoinUp? Here are a few reasons why we find the technology to be legit.
What Is Bitcoin Up?
Simply put, Bitcoin Up serves as an ingenious software platform that is programmed to scour and read bitcoin-related news.
From that material, the software can extract observations and insights directly.
The robot itself is fashioned with a state-of-the-art AI technology known as Natural Language Processing.
This enables the robot to not only read news but to make sense of what it is reading.
What makes the bot so beneficial is that the information it hands over is believed to be 0.001 seconds ahead of the markets. Hence, how it is able to uphold a win-rate of 99%.
Keep in mind, even the most adept human trader in the world only has a win-rate of less than 50%. By taking human thought patterns and behaviors out of the equation, Bitcoin Up can make relevant insights that lead to profitable investments.
News trading, which is what Bitcoin Up specializes in, has been known to generate massive returns when used correctly. As the Coronavirus pandemic skews the markets in the favor of Bitcoin and countries such as India lift restrictions, there is literally no better time to take advantage of this bot or the art of trading news.
Many insiders estimate that bitcoin itself will hit €100,000 by the end of 2020 as standard USD currency loses appeal and value. Bitcoin will evolve into a true safe-haven currency for investors. Based on our research, this is one of the best times to invest in Bitcoin.
Robots such as Bitcoin Up make investing feel more sure-footed and secure than going it alone in a volatile market.
How Does The Bitcoin Up App work?
As mentioned above, Bitcoin Up specializes in a unique form of AI that relies on natural process learning and advanced AI algorithms.
The robot uses such algorithms to help identify unique trading signals from all bitcoin related news.
Since the robot is almost always ahead of the markets by 0.001%, it can boast an accuracy rate of 99% or above.
As is standard with any trading platform, Bitcoin Up depends on brokers to manage advised orders and expedite transactions.
Unlike other trading robots, the service only employs brokers that are regulated and thus able to cover a users’ capitals against any debt or loss in the event of default or bankruptcy.
Of course, what makes Bitcoin Up unique is that beginners are able to easily trade with comfort. Since the service is entirely auto, all one has to do is read the provided manual.
The robot will provide a dedicated account manager who can also assist first-time users through the initial steps of trading.
Getting Started with Bitcoin Up
It only takes a few minutes of your time.
Since Bitcoin Up provides a handy guide to help users navigate the platforms, the entire process is relatively straightforward.
STEP 1: Register on the Website
Getting started with Bitcoin Up is a seamless and easy process. It only takes a few minutes of your time. Since Bitcoin Up provides a handy guide to help users navigate the platforms, the entire process is relatively straightforward.
STEP 2: Deposit a Minimum of 250 EUR
Now you’ll need to deposit some trading capital. Bitcoin Up requires an initial deposit of at least 250 EUR to trade with the platform.
This is your trading capital, not a fee. The platform itself is free. However, as bitcoin itself continues to surge, it is best to register now before any fees are introduced.
How do you deposit money into your account?
Our Bitcoin Up review found that you can pay via Mastercard, Visa, Western Union money order, Wire Transfer, Maestro, WebMoney account, Neteller, Skrill, or additional crypto wallets.
Keep in mind that any and all deposits are done through a reputable partner broker who is well regulated.
STEP 3: Trading Guide and Demo
Now is where you will get into the bulk of what makes this crypto bot shine.
Once your money has been safely deposited, you’ll receive access to the training guide.
This guide will take you step-by-step through the process of setting up your account and trading live.
There is also a demo in which you can practice before getting started on the true platform.
If you’re still feeling a bit uncertain, you can yield advice from the dedicated account manager who can help you to work through every feature of the robot.
STEP 4: Live Trading
On to the best part: live trading. To engage with live trading, head to the platform’s risk settings and click the ‘live’ button.
The robot will commence all trades automatically. This is why even a beginner can use the platform and still earn that coveted return.
Tips For Getting The Most Out
When it comes to cryptocurrency you always want to get the most out of whatever service or platform you trade on.
Bitcoin Up is fully auto, yet there are a few things you can do to make the most of your account. Here’s some simple tips and tricks:
- Don’t get in over your head — start small. Some people dive in without dipping a toe in the water, but starting small allows you to explore the variety of settings without losing any capital. Once you’re more comfortable with the platform, then you can start slowly adding more capital to your account.
- Let the bot put in a full day’s work. You work for at least 8 hours a day and your Bitcoin Up bot should too. Let the bot run unmonitored for at least 8 hours per day. You don’t need to monitor your account, simply go about your day and let the robot do the heavy lifting.
- Always stick to US time, specifically eastern standard time. It is always best to trade in line with New York or Wall Street hours. Bitcoin tends to be the most volatile during this timeframe.
- Reinvest profits and take advantage of compounding. The general rule of thumb is to go ahead and plough back around 80% of your total profits. In some traders, this has garnered around $1 million in reinvestment profits.
Is Bitcoin Up Legit? The Verdict!
To the best of our knowledge and research, we found that Bitcoin Up isn’t just legit it is a downright useful tool that can help both novice and experienced bitcoin enthusiasts.
With overwhelmingly positive reviews on TrustPilot, you can be certain that with Bitcoin Up, what you see is what you get.
Additionally, unlike similar Bitcoin trading platforms, the technology that makes Bitcoin UP tick is verifiable and fully disclosed. Users are able to make informed choices due to a transparent trading environment powered by blockchain.
Want to get started with Bitcoin Up? Simply click the link below. Feel free to provide us with any insights or comments on your experience with this platform in our comments section