Review of Bitcoin Circuit: it's safe? Be sure to read before investing
Bitcoin trading is becoming popular as analysts continue to predict its price will reach $100.000 by the end of this year. A good number of investors are turning to automated robots such as the Bitcoin Circuit.
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An automated trading robot is simply computer software that trades on behalf of users. Consequently, users do not need any technical skills to use it successfully. Automatic trading robots are said to earn up to 300% of daily profits with a deposit of $ 250. This translates to up to $ 1000 per day with a minimum investment of $ 250.
In this review, we'll take a deep dive into the Bitcoin Circuit to find out if it's legitimate and worth a try.
What is the Bitcoin Circuit?
O Bitcoin Circuit is a web application that allows users to trade Bitcoin automatically. The app runs automatically and trades Bitcoin volatility with a supposed 82% win rate. An 82% win rate means the robot is accurate in 8 out of 10 trades. Consequently, users are supposed to generate returns of up to 300% per day. The supposed high profitability is a result of the technologies that this robot applies.
This Bitcoin robot is probably among the first trading tools that were developed and perfected with Artificial Intelligence (AI) in trading. This technology not only refines the decision-making process, but ensures a trading environment with a smaller margin of error. O Bitcoin Circuit does not require any skill to operate. The platform comes with an easy-to-understand guide to help users register and start trading. Plus, users don't need to keep checking their accounts. You can continue with your daily activities while the Bitcoin Circuit negotiates for you. However, that doesn't mean there aren't trading tips to follow to maximize potential. We'll discuss these tips later in this review.
Even with the high potential, there is always significant risk in any form of automated trading. A small error in setting up trading conditions or a bad trade can result in devastating risk. You should only invest with the Bitcoin Circuit if you are aware that there is a high risk involved, as a robot that trades according to market volatility and trends will trade for you.
How does Bitcoin Circuit?
O Bitcoin Circuit trades Bitcoins through a renowned derivative known as Contract for Difference (CFDs). Trading CFDs is not new and applies to almost all asset classes including stocks, market indices, Forex and commodities. In layman's terms, a CFD allows traders to bet whether the price of a financial instrument will go up or down. This means you are betting on the price direction without having to buy the underlying asset. Trading Crypto CFDs is easier as it does not involve the tedious and often risky process of buying cryptocurrencies, which means that anyone including laypersons can participate.
The traditional way of buy Bitcoin involves securing a wallet and depositing your Bitcoin into that wallet. This is not easy for the uninitiated, and there is a risk of losing your Bitcoins if your encrypted wallet gets hacked or if you simply forget your password or passkey. When trading through the Bitcoin Circuit, you just bet on the Bitcoin price direction the same way you would bet on a football match. The best thing about trading CFDs through this robot is that it trades for you. In addition, the robot can make hundreds of contributions daily and, therefore, can operate by receiving the signals and trends of the cryptocurrency market.
How to negotiate with the Bitcoin Circuit?
You don't need any special skills to hit a great goal with the Bitcoin Circuit. The robot is fully automatic and comes with an easy-to-understand guide to help you get started. Also, the Bitcoin Circuit is available in most countries.
The robot relies on selected brokers as a bridge to the markets. These brokers are listed on their website, and once you create the account you will be recommended a broker to start with. You can start using the Bitcoin Circuit following the steps outlined below. Remember that every trade carries risk and therefore invest only what you could lose.
Register a free trading account:
O registration takes a few minutes and involves the submission of personal data via a form provided. O Bitcoin Circuit observes strict data privacy laws and therefore your information is secure with them. The registration process can only be completed after you agree to the terms and conditions of the Bitcoin Circuit. We strongly advise you to read the terms and conditions at the bottom of the page before agreeing to them. You also need to allow the Bitcoin Circuit send market updates and offers via email.
Failing to do this means you will lose critical information. Brokers require all users to confirm their contact details. The robot will also redirect you to a partner brokerage page, where you will need to verify your identity in accordance with Know Your Customer (KYC) requirements. These are regulatory measures implemented by all financial institutions around the world. remember that the Bitcoin Circuit depends on brokers to facilitate transactions. These brokers are the only ones to place orders on the market and therefore it makes sense that they handle all deposits.
Deposit at least $ 250:
The minimum deposit the broker asks to start trading with the o Bitcoin Circuit, is $250 dollars. All deposits are made through partner brokers. Most of these brokers accept the initial deposit through Visa, Master Card, Maestro, WebMoney, Skrill, Neteller, Bitcoin wallets, among many others. No deposit fees will be charged to you. In addition, deposits via debit/credit cards and major e-wallets are processed almost instantly. It may take a few minutes for deposits through Bitcoin wallets to credit to your account.
Trade with a demo account:
O Bitcoin Circuit offers a free demo to help you practice trading. Practice is important as it helps to avoid mistakes during real-mode trading. In real mode, a simple configuration error can result in devastating losses. Therefore, it is critical that you spend your time trading on the demo before moving on to live trading. You can trade with the demo for at least an hour before switching to the live account. O Bitcoin Circuit it also offers video tutorials and an e-book to help you understand risk management in automated trading. This is the most important lesson when trading with the Bitcoin Circuit. You should take the time to understand the risk process before switching to the active account.
Definition of risk and trading in real mode:
The risk management process is simple for those who take the time to watch video tutorials. Once you are familiar with the risk settings, you can go ahead and open a trading session by clicking the “live” button. O Bitcoin Circuit it practices trading automatically and therefore you don't need to interrupt your daily activities to use it. The only thing you should note when trading with it is that it performs best when left to run for at least 8 hours a day. Also, according to the website, it appears to perform better during periods of high BTC volatility. Bitcoin tends to perform better during live trading on Wall Street. This occurs between 8am and 16pm GMT-5.
Bitcoin Circuit and partner brokers
The type of broker a bot works with determines how serious they take user security. A good robot should only work with reputable and regulated brokers. The broker's functions in trading robots include executing signals relayed by the bot and facilitating trades. Brokers should be regulated as deposit-taking institutions and therefore robots like the Bitcoin Circuit and the Bitcoin System depend on them to facilitate transactions. O Bitcoin Circuit seems to collaborate with brokers regulated by top tier authorities such as the UK Financial Conduct Authority (FCA). They also claim to be regulated in Australia through the Australian Securities and Exchange Commission (ASIC) and in the US through the Securities and Exchange Commission (SEC). However, CFD trading is prohibited in the US, so the Bitcoin Circuit trades Bitcoin directly to people in this region.
There is an App of Bitcoin Circuit?
As much as we've searched, unfortunately it doesn't seem like there isn't a mobile app 100% dedicated to the auto trading tool. Bitcoin Circuit. However, the site is mobile-compatible, and works just as well as it would if it were on mobile or desktop.
O Bitcoin Circuit it's trustable? The verdict!
We analyze data snippets to determine if the Bitcoin Circuit worth your money, and if it actually works. As we tested the platform, the 82% success was “guaranteed” by the website. Bitcoin Circuit not quite like that. For every 10 trades, only 2 or 3 were successful. The initial investment was little. We have invested $250 and are still unable to redeem the full initial amount invested. When consulting the Reclame Aqui website, apparently some users do not recommend the use of the platform, and said that they even lost money. Unfortunately, many people don't know how to use trading platforms and end up losing money easily. This is a reality.
As shown in the image above, the interface of Bitcoin Circuit it really is very user-friendly, and makes it very easy to understand how to trade. About brokers, some of them are regulated, and even brokers known as 24Option can be selected as partners. 24Option is a broker that has sponsored big teams like Juventus of Italy, and would hardly risk tarnishing its image with such an oversight.
The final verdict, therefore, is that you should invest at your own risk, and that if you choose to invest, you should only invest the amount that you could risk losing.
FAQ
What is the Bitcoin Circuit?
O Bitcoin Circuit is a web application that allows users to trade bitcoin automatically. The app runs automatically and trades on Bitcoin volatility. According to the official website, it operates with an 82% success rate.
O Bitcoin Circuit is it profitable?
According to the website of the Bitcoin Circuit, it has an assumed daily profit margin of up to 300%. This means that a small deposit of $250 could go up to $1K on the first trading day.
How do I withdraw my earnings from Bitcoin Circuit?
The process is quite simple. Fill out the withdrawal request form at the broker and wait 24 hours for your funds to be processed.