Crypto Engine is a famous automated trading robot with more than 6000 members worldwide. This trading robot is said to be highly accurate and profitable by using a cutting-edge technology that can allegedly predict price movements in the cryptocurrency market. Moreover, Crypto Engine is fully automatic, meaning it is suitable for beginners as well as professional traders.
We have decided to review the Crypto Engine trading app. In this review, we will investigate Crypto Engine’s features and trading performance. You can Find out everything you need to know about this trading robot in our complete review below.
Crypto Engine Overview
Crypto Engine is an automated cryptocurrency trading robot that was specially designed in order to scan the cryptocurrency market and identify profitable trading opportunities. This robot claims to use the latest trading technologies to keep users’ trades running smoothly and ensure users’ protection.
According to Crypto Engine, the software can be used by all levels of traders, beginners, and professionals. Like any other trading robot, Crypto Engine connects traders to CFD brokers that are authorized to collect clients’ funds and execute orders in the market. As a result, users can get full assistance and trading materials from a registered broker. It’s important to note that Crypto Engine funnels traders to regulated brokers, meaning investors’ funds must be kept in segregated accounts and the broker must comply with all regulatory requirements.
Crypto Engine Features
Payouts and win rate: Crypto Engine reports that the profits depend on the amount the user invests. The majority of the robot’s users claim it is possible to make an average daily profit of $500-$1000 from an initial investment of $250.
Cost and Commissions: According to Crypto Engine, the service is completely free and there are no hidden commissions charged by the robot. Yet, we must inform you that users have to pay a buy and sell spread fee for every executed order.
Security: Crypto Engine appears to be a safe trading platform. On the robot’s website, you will find protection measures such as Norton Secured, McAfee Secured, and Truste. Moreover, users report having a positive and safe trading experience with this trading robot including responsive and helpful customer support and instant withdrawal process.
A wide range of cryptocurrencies: Unlike other automated trading robots that offer a narrow selection of few cryptocurrencies, Crypto Engine allows users to trade on hundreds of cryptocurrencies including Bitcoin, Ethereum, Bitcoin Gold, Bitcoin Cash, Monero, ZCash, Golem, Lisk, Status, Ripple and more.
Crypto Engine algorithm: how does Crypto Engine work?
Crypto Engine claims to have the most advanced trading technologies that enable the software to scan the cryptocurrency market and detect trading signals. Different from other trading robots, this robot reports to use the latest trading engine that makes lower errors related to trading. In simple terms, the robot allegedly uses Artificial Intelligence and Machine Learning algorithms to analyze big data in the crypto market and detect successful trades. The robot reportedly can predict small price movements by using both technical and fundamental analysis and by placing order 0.01 millisecond ahead of the markets. This strategy is known as High-Frequency Trading (HFT), which has a lot of profitability potential in the crypto market due to its immature stage.
The robot simply requires users a minimum deposit requirement of $250 and then connects its traders to a regulated broker that is authorized to collect funds and execute the software orders. Crypto Engine’s robot is entirely automatic and gives traders live trading signals and updates 24/7.
Is Crypto Engine a scam or trustworthy?
User testimonials and our investigation show that Crypto Engine appears to be completely legit and real. Here are the key points that confirm Crypto Engine legitimacy:
- The robot partners with well-known regulated brokers.
- Crypto Engine discloses important information on the website which seems to be accurate and legit.
- Crypto Engine allows users to withdraw funds with no limitations. Users report that the withdrawal is fast and reliable.
- Crypto Engine has a good reputation online. The majority of users claim they had a positive experience trading with this bot.
How to use the Crypto Engine robot
It took us less than ten minutes to open an account with Crypto Engine. Below is a step-by-step guide to start trading with this trading robot.
Step 1: The first step to creating a free trading account with Crypto Engine is to visit the robot’s official website and fill in your personal details on the registration form. Note that Crypto Engine is available in most countries, however, you will have to complete the signup process in order to determine whether you can trade with this bot in your country.
Step 2: Once you have completed the registration process, Crypto Engine redirects you to a regulated broker in your country. The broker is responsible to collect clients’ funds, provide a leverage ratio and execute orders in cryptocurrency exchanges. The broker might require you to submit additional documentation to verify your identity before you can start trading. The verification process takes a few hours and then, you can deposit funds through one of the provided payment methods.
Step 3: After you deposited funds, you can start trading the live markets or spend a few days on the demo account to get familiar with the software. It is highly recommended that you start with a demo account before you risk real money.
Step 4: Before you activate the auto-trading mode, we suggest that you adjust the risk settings. On the robot’s trading dashboard, set a daily stop loss and stop loss per transaction. You can also adjust the maximum traders per day and the maximum open trades. Once you have finished the account configuration, simply click on the auto-pilot trading button.
There are a few things you will have to do to increase the chances of earning. First, start small and do risk a high capital, it will release the stress associated with trading and allow you to test the software with rational thinking. Then, practice your skills and get familiar with the platform on the demo account. Most Crypto Engine partner brokers offer a demo account and it’s recommended that you try it for a few days before you risk real money.
Crypto Engine allows you to set the risk settings before you activate the auto-trading mode. We suggest that you limit your daily loss and set a stop loss per trade. Once you activate the account, you should monitor the account for at least 30 minutes per day and follow crypto market news on reliable news media platforms. We also recommend that you turn on the software after 6-8 hours of trading in order to analyze the software’s trading performance.
Do any celebrities use Crypto Engine?
There are rumors that Crypto Engine has recommendations from celebrities such as Jamie Oliver, Gordon Ramsay, and Martin Lewis. Let’s see if there’s truth in any of these rumors.
Jamie Oliver was linked to many automated cryptocurrency trading robots such as Bitcoin Evolution, Bitcoin Revolution and Bitcoin Trader. Recently, the same sites that linked Oliver to these robots also have been spreading rumors about Oliver’s investments in Crypto Engine. However, this review confirms that Jamie Oliver has never invested in any automated trading robot including Crypto Engine.
Our investigation reveals that there is no proof of Gordon Ramsay Crypto Engine endorsement. In fact, these rumors have been clearly perpetrated by people with immoral interests who want to promote their sites’ rankings on search engines. Ramsay has never confirmed his bitcoin trading robot endorsement and therefore, it appears that he has never invested in any trading robot.
Another celebrity that was rumored to have invested in Crypto Engine is Martin Lewis, the English journalist and TV presenter. These rumors are, of course, unfounded and misleading. In fact, Lewis has released a warning about these scam sites, saying he will take legal actions to prevent these scam ads.
Is there a Crypto Engine app?
No. Crypto Engine currently supports a desktop trading app. Yet, the software runs on any web-browser so users can access the software from any electronic device.
Crypto Engine: final thoughts
There’s a huge selection of cryptocurrency trading robots in the market and it is quite difficult to find reliable and accurate trading software. This review finds Crypto Engine as one of the most transparent and professional trading robots in the industry. The robot has a well-designed informative website, it partners with highly regulated brokers and has plenty of positive user reviews across the web.
Yet, you must remember that trading with automated robots carries a certain risk, therefore, we recommend that you start with the minimum requirement and do not trade with capital you cannot afford to lose.