Review of Bitcoin Bank: it's trustable? Be sure to read before investing
For most people who have invested in trading cryptocurrencies, the year 2020 started off in a very profitable way, generating a lot of gains financially. Many of these profits come from tools called Bitcoin robots like Bitcoin Bank.
It is not too late to start making money from this type of market and there are some ways to achieve your goal of becoming an online trader. If you plan to join thousands of traders to make money from buying and selling cryptocurrencies, you should consider using systems with automated trading robots.
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For those who do not have experience in this type of market, we know how difficult it is to find an alternative source of income, in addition to a full-time job; This is where the idea of using an automated trading platform for cryptocurrency comes in. To make it easier for those who want to start making money from the cryptocurrency market, there is the Bitcoin Bank, one of the automated trading platforms that has been on the market for some time.
To make sure that the Bitcoin Bank it is a good option for automatic buy and sell trading system, we have made a summary to help you understand how the company operates and thus, be able to choose if it will be a good investment for you, or if the Bitcoin Bank it's a serious platform.
What is Bitcoin Bank?
Bitcoin Bank is a passive online income tool that uses an automated platform to make trades on behalf of the user. A more detailed survey of consumer review sites indicates that the majority of those looking to invest in the site are ordinary people with no previous trading experience.
O Bitcoin Bank it is also popular with specialist traders. But what is it and how is the reported high rate of return achieved? O Bitcoin Bank, as we mentioned before, uses a powerful and highly specialized computer program, founded on the wisdom of five Wall Street institutional brokers.
According to information on the internet, the five are former fund managers with years of experience in trading traditional foreign exchange and stock assets. They met in 2016 and decided to share the top-level automated trading strategies for bitcoin trading. Initially, they made the robot for private use and reportedly used it to generate more than $ 100 million in the 2017 cryptocurrency boom.
It's important to note that this platform is among the few robots that are 99,99% automatic, according to the site. O Bitcoin Bank comes with a trading guide to help beginners navigate the platform and avoid costly mistakes.
How does it work?
To understand how the Bitcoin Bank works, you need to familiarize yourself with the traditional ways of investing and trading Bitcoin.
Traditionally, people invest by buying low and selling high. The purchase process is quite tedious and involves investing in an encrypted wallet. Storing your profits in a wallet is not safe, given the possibility of being hacked.
The purchase process is not easy and the loss of the code that defines your market shares means that you lose your investment. In addition, you can only benefit from your shares if the price goes up.
The traditional form of trading, on the other hand, involves speculating about its variation without buying it physically. This is easy and can be more profitable, given the level of leverage applied and the fact that you can trade on the bull and bear markets.
The challenge is that you need to conduct a market survey of the cryptocurrency against competing assets, such as the Dollar and the Pound.
Trading tools like the Bitcoin Bank make trading easier by automating search and execution. The robot conducts market research and transmits marketable insights into an underlying broker for execution.
With Bitcoin Bank, the opportunities are endless. According to the website, you can supposedly make high daily profits during favorable market conditions.
How to create an account?
We first note that the simple operational processes of Bitcoin Bank will make it easier for anyone to use the system. Investors will have an easy experience on the platform, which is intuitive.
Registered users can schedule negotiations, which are initiated with a click of a button. When a buying session starts, the robots scan the cryptocurrency market to find the best crypto trades that can give the investor the highest possible return.
According to Bitcoin Bank, when good deals are secured and processed automatically, in the end the profit is transferred to the user's account balance on the platform, where it can be reinvested or withdrawn.
- Account registration
O Bitcoin Bank it's free for those interested in using it. The registration process appears to be secure and straightforward.
Register your full name, phone number and email on the registration form and confirm your email and phone number via an SMS and a link. O Bitcoin Bank guarantees all users data security.
By registering with Bitcoin Bank, you are redirected to a partner broker's page to verify identity.
All trading robots depend on brokers to access the markets. It is the broker's role to facilitate transactions and, therefore, all deposits take place through them. As a regulatory requirement, all legitimate brokers must verify the identity of their users.
O Bitcoin Bank works with some of the best brokers in the industry. These brokers adhere to regulatory guidelines from top-tier agencies, such as ASIC from Australia, UK FCA and South African FSB. First-rate regulators are globally recognized for their strict deposit protection measures.
- Starting the "Trade"
Before you start making your trades, you can practice what you've learned from the trading guide on the highly intuitive demo account. Bitcoin Bank. The demo simulates live trading by backtesting based on historical data. Consequently, the results you receive through this account reflect what to expect from live trading.
Although the software of the Bitcoin Bank is free, you need to invest initial capital to trade with partner brokers. The least you can invest is $250 dollars. This amount, according to the official website of bitcoin bank, can generate a high daily return for its investors when the settings and trading conditions are correct, as explained in own company page.
As mentioned above, deposits are managed by the broker of the Bitcoin Bank. You can fund your account via Visa, Master Card, Wire Transfer and most e-wallets and crypto-wallets.
- Negotiations
The live trading process is very easy to understand if you read the trading guide, and if you practiced through the demo available to those who have already registered and confirmed their identity.
All you need to do is adjust the risk features to suit your profile and toggle the live session button. Risk management is simple to understand and to have a successful purchase, you must pay special attention to this tool.
O Bitcoin Bank offers a performance test to help users determine their investment limits. You need to take the test before defining the level of risk you are willing to take per trade. Even to get an idea of how much the return on your intended investment might be. O Bitcoin Bank a dedicated account manager is available to work with you through risk management.
In addition, the robot comes with “Stop-Loss, Take-Profit and Negative-Balance-Protection” features. All these tools are explained in detail in the Trading Guide. Bitcoin Bank.
- Transfer money to the account.
Within your profile you have access to your “wallet”, the virtual wallet of the website itself. In it that will be made your deposit, you will find all the gains and also the total amount available for use.
The investment deposit can be made at any time, in case you want to add more. Like most cryptocurrency platforms there are multiple ways to add any amount to your account. The most used is bank transfer, also accepted, Mastercard, visa and etc. You need to check the rules with your card. Also pay attention to the transfer times and time zones.
Bitcoin Bank it's safe?
On site Bitcoin Bank we didn't see any security seals on display, but during the site registration process everything seemed to be very safe and clear. With data and connection confirmations.
Furthermore, the Bitcoin Bank observes data privacy regulations such as the GDPR (general data protection regulation). This is a sufficient sign of your commitment to safety.
Bitcoin Bank have an app?
Unfortunately there is no specific application for this robot, but it is only available for use in your browser. Operates normally on Androids and IOS. Because it is simple to use, it has fast loading even with limited connection.
Throughout this analysis, we were able to easily access the automated trading platform through web browsers on mobile devices and computers, so we did not identify any difficulties with online accessibility
Bitcoin Bank it's trustable? The verdict!
We conclude that the platform Bitcoin Bank it has all the systems and features that make it worth checking out. But it's a financial negotiation, so it's good to say that it is up to you the final decision to invest and what is the amount to be invested.
If you still don't have experience as a “trader”, it's a good chance to research and better understand how the cryptocurrency buying and selling market works.
FAQ
Can I profit from Bitcoin?
There are also claims that it is possible to increase such a small investment to a million dollars in less than a year, when at least 70% of the returns are reinvested. With Bitcoin the opportunities are endless. You can reportedly earn up to 400% in daily profits during favorable market conditions for Bitcoin.
How do I withdraw earnings from Bitcoin Bank?
Access to your virtual account can be done at any time and the withdrawal of profits as well. Just select the desired amount and request the transfer. Like most automated robot companies, you need to pay attention to how long it takes for your money to fall into the account. THE Bitcoin Bank it says that in 24 hours you will already have access, but it is worth stressing that it is a company abroad and the arrival time will depend on the regulations of your bank and your card.
How much can I earn trading with the Bitcoin Bank?
With Bitcoin Bank, the opportunities are endless. According to the official website, investors can make daily profits during favorable market conditions.