Bitcoin Trader Review

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Bitcoin Trader: Trade Like A Pro

With the advent of trading tools and automated apps, everyone can try their hands at trading. When you are trading, be it in Bitcoins or in any other trading instrument you buy or sell assets based on market movements.

You might have your own rules to make decisions. But if you are a beginner without much understanding of the market, what do you do? Or if you know trading but do not have the time to spend on watching the market, then what do you do?

This is where Bitcoin Trader comes into the picture.

No matter what you budget for investment is, it is good to have a small portion invested in cryptocurrencies. This is a relatively new market that has been growing explosively. Tap into the potential of cryptocurrency trading the easy way, with Bitcoin Trader.

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What is Bitcoin Trader?

Bitcoin Trader is an app that is designed to help those who are looking for automation in trading. It can conveniently be used both for Forex and for cryptocurrency trading. It is a free app that can directly be used on any browser. Therefore you can access your account from any machine, anywhere.

Automated trading tools like this one are mainly focused on the use of trading bots. These are pieces of codes that run in the background performing tedious computations. They make a real-time analysis of the performance of the cryptocurrencies in the market.

The historical data is accessed and the current market movements are analyzed with the help of various technical indicators. The potential for growth of the cryptocurrencies would then be analyzed to choose whether to buy or sell a cryptocurrency.

Once this is made, the trading bot would also help place the order in the market and add the currencies to your trading account.

Bitcoin Trader

Name: Bitcoin Trader

Description: Bitcoin Trader is an app that is designed to help those who are looking for automation in trading. It can conveniently be used both for Forex and for cryptocurrency trading. It is a free app that can directly be used on any browser.

Application Category: Investing

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Summary

The Bitcoin Trader is a user-friendly and versatile app that carries complex calculations and analyses in the background to help you place profitable and reasonable trades based on market forecasts.

Overall

3.7   

• User-friendly
• Features
• Support
• Demo   

Pros

• Multiple trading indicators
• Automated trading
• Partners with trusted brokers

Cons

• You need internet access

How to Use Bitcoin Trader?

One of the best traits of this tool is that it is very simple to use. There are a few simple steps involved.

• Step 1: On the main page, you would find a link to create an account. Provide your name, email id and mobile number to create an account. Once you key in the verification code that is emailed to you, your account would be activated. This tool can be used absolutely free of cost. You do not have to make any payments to create your account.
• Step 2: Once your account is created you can directly start your investment or simply go through the market signals to know the current trends. You would be able to work with many of the popular cryptocurrencies like Litecoin, Ethereum, Bitcoin, Dash, Monero and others. There is also a live update of the recent buy and sell transactions that had taken place in each of these currencies. This helps you get a picture of the currencies that most people are buying or selling at any given point. Once you have made your mind, you can start your investments.
• Step 3: The next step is to make your deposit to your broker. It’d usually be a leading broker in the cryptocurrency realm. The deposit you make would then be traded in the market by investing in cryptocurrencies.
• Step 4: You get to choose between automated trading and manual-trading modes. If you wish to use automation click on the ‘Start Auto Trading’ button soon after you make your deposits. You would be able to view your account activity. This gives you a snapshot of your crypto trading portfolio created in the auto-trading mode.

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Features of the Bitcoin Trader

There is a simple web app interface that can directly be accessed on any device. The tool works with multiple brokers. The traders are connected with the brokers once they create an account.

The deposit to your trading account would be directly handled by the brokers who then pick the most profitable cryptocurrencies to work with. Bitcoin Trader has a built-in trading automation bot that performs technical analysis on cryptocurrencies in the background. This is how a conclusion is arrived at and the suitable buy or sell calls are made.

There is no limit on the deposit you can make at any point in time. The process of adding funds to your account is very simple. You can start your cryptocurrency investment with a small budget and then expand whenever you prefer.

There are no limits on the profits you can make as well. You get to make profits that depend on the performance of the cryptocurrencies upon which your money is invested in. Withdrawals can also be made directly to your linked bank account in a few clicks.

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Benefits of Using Bitcoin Trader

• The web application works smoothly both on mobile devices and on computers. Therefore wherever you are, you would be able to access your account from any device from any place.
• The trading robot algorithm of this tool makes use of a good mix of 6 trading indicators for technical analysis. The results are cumulative projections based on results from these indicators which are imposed on 7 timeframes. So you can expect a good deal of accuracy with the predictions made.
• Automation on this tool works like a charm. There are no delays even momentary ones when it comes to placing orders. Therefore sudden spikes or drops in prices would not affect your trades.
• The freedom to switch between manual and automated trading modes is one of the best features offered. If you are a beginner with no knowledge about technical analysis then you can make use of the fully automated mode. Once you sharpen your trading skills you can access the manual mode. This mode is also useful on those days when you do not have time to spend on trading. On the other days, when you have your trading priorities set, you would be able to make use of the manual mode.

• The platform only works with verified regulated brokers. Therefore you can be assured that you are not doing anything illegal. As long as you are clear about the cryptocurrency trading regulations in your region you can use this tool without any worry.
• The SSL encryption used by the app interface secures your transactions. You can thus browse at peace knowing that your personal and financial information is secure. This encryption also helps secure your financial transactions like deposits and withdrawals.

Who is the Bitcoin Trader for?

Anyone who knows to use a computer and with an email would be able to use the Bitcoin Trader app. It is designed with a sleek interface that is a pleasure to work with.

The features are built around the scope of making the app suitable for both the beginners and the pros. Therefore whatever be your proficiency level in trading, you would be able to use this app.

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Is Bitcoin Trader a Scam?

Bitcoin Trader is not a scam. It is an easy way to get into trading. You would be able to make significant profits even if you cannot spend hours on trading every day.

Final Verdict

When you are trading cryptocurrencies there are plenty of market-related factors and other external influencers. All of these put together would determine the accuracy of the predictions based on which the trading decisions are made.

These risks are applicable whether you use a trading tool or carry out the whole process yourself. Tools like Bitcoin Trader are particularly popular because of the flexibility they offer.

This system has earned the trust of traders around the world by giving a dependable performance. There are no fake claims about the exact figures of profits you make. It clearly states that it is a trading automation tool and performs exactly that.

Therefore, if you start making your deposits with realistic expectations then you can definitely start making small but significant profits with this tool.

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