The official logo of Bitcoin Circuit

Bitcoin Circuit – Is it a scam or not? Review for traders

Review:
Type:
Min. Deposit:
Demo account:
Automated Trading:
3.8 out of 5 stars (3.8 / 5)
Cryptocurrency trading
$250
Yes
Yes
The official logo of Bitcoin Circuit

With the number of available trading software in the market, looking for the right automatic trading software can be difficult. After all, there are so many choices, and a huge percentage of them are unsafe and illegitimate.

This article will be talking about Bitcoin Circuit and all its features. You will also find the answer to important questions like “Is Bitcoin Circuit legit?”, “Do they charge fees?”, “How does the software work?” and many more.

The official website of Bitcoin Circuit

What is Bitcoin Circuit?

About the Bitcoin Circuit

According to the website, Bitcoin Circuit is an automated trading software that was created by two brothers who share a passion for trading cryptocurrency. This software utilizes an algorithm that analyzes market trends to ensure maximum profit for the client.

While Bitcoin Circuit automatically analyzes the trends and trades for you, it is still advisable for you to do your own research before investing any funds in cryptocurrency.

Is Bitcoin Circuit legit and safe?

FCA logo

Since Bitcoin Circuit is a crypto trading system, the trading robot is not regulated. This is common with many crypto providers. However, Bitcoin Circuit works with reliable brokers that may be regulated. This always depends on the respective broker.

Bitcoin Circuit is partnered with experienced and regulated brokers to ensure maximum security and legitimacy. These professional brokers are registered under the FCA or the Financial Conduct Authority and ASIC or Australian Securities and Investments Commission. The FCA and ASIC are reputable regulators that only allow applications from trustworthy and secure brokers.

ASIC regulation logo

For added security, Bitcoin Circuit has an SSL certificate that allows data encryption that offers another layer of security. Credentials such as log-in details and contact numbers, as well as your deposit and withdrawal information, are 100% secure and can not be accessed by hackers.

How do you create a Bitcoin Circuit account?

How to create a Bitcoin Circuit account

Creating a Bitcoin Circuit account is relatively easier than opening a Facebook or Twitter account. It also takes less than a minute to fill in the form that you will instantly find once you go to their website. The form will ask for your first and last name, email address, and contact number. Make sure to select your country of residence before you input your number.

Once you have filled up the form, click on the “Register” button, and you will be sent a confirmation email stating that your account has successfully been made. In this email, you will find a randomly generated password and deposit details so you can easily add funds to your account.

The Bitcoin Circuit sign up form

It is important to note that once your account has been made, Bitcoin Circuit will be in charge of assigning one of their regulated partner brokers. The contact details of the broker assigned to you can be found in the email as well.

How do you deposit and withdraw funds from your Bitcoin Circuit account?

Bitcoin Circuit supports several deposit methods. This is to ensure that clients won’t have a hard time adding funds to their Bitcoin Circuit account. Methods such as Visa and MasterCard debit and credit cards, online wallets, and bank wire transfers are available with Bitcoin Circuit and their partnered brokers. It is important to note that the funds you deposit will go directly to your assigned broker but will also be reflected on your Bitcoin Circuit account.

The steps for depositing funds to your account depend on the broker assigned to you. Alternatively, you could contact Bitcoin Circuit’s customer service representatives to assist you in depositing your funds.

When withdrawing funds from your account, the methods mentioned above are also available and would still depend on your designated broker. The withdrawal time will vary depending on the broker and your chosen method. But the average withdrawal time reported by users is one to two business days.

Keep in mind that the broker may charge a small withdrawal fee that you will have to shoulder. The good news is Bitcoin Circuit does not have any additional fees.

How does Bitcoin Circuit work?

As previously mentioned, Bitcoin Circuit utilizes an algorithm that automatically and carefully selects trades after doing a thorough analysis of the market. This means that even though you don’t have much knowledge when it comes to trading, having a trading robot such as Bitcoin Circuit will allow you to passively trade. As long as you have funds, you can task the bot to operate automatically to net you profits.

Once the trading robot has found a good trading opportunity, it will immediately invest your deposited funds to open a trade with details such as entry-level, stop loss level, and take profit level. As soon as the selected asset reaches a certain price, the system will automatically close that trade for you, and you will be able to see if your trade has made a profit.

Considering how volatile the cryptocurrency market is, it is important to note that making a profit is not always guaranteed. However, Bitcoin Circuit users have reported effective and consistent profit rates.

How to trade with Bitcoin Circuit

How to trade on Bitcoin Circuit

After successfully creating your Bitcoin Circuit account, you will be required to deposit a minimum of €250 to access the live trading feature for both manual and automatic trading.

To start trading manually, you will need to select the asset that you wish to trade. You will find a list of the available asset on the platform. Next, input the capital that you wish to invest and the ideal entry price for your trade to be executed at. Once the trade is executed, it will show up on your portfolio, and you can track its progress there.

If you wish to trade automatically, the process is more simple. All you have to do is choose the appropriate settings for your trading bot. These settings include trade amount, trade stop loss, maximum concurrent trades, daily stop loss, daily take profit, and maximum daily trades.

All executed automatic trades are also reflected on your portfolio. With their designated stop loss and take profit values, you will also be able to monitor both open and closed trades.

What are the key features of Bitcoin Circuit?

Bitcoin Circuit, as a reputable third-party automatic trading robot, aims to provide the best features for its clients. The features mentioned below showcase what Bitcoin Circuit has to offer.

Web platform

About Bitcoin Circuit

Without the need to download the software, Bitcoin Circuit hosts its platform on its website. You can easily access their web-based platform through the home page by logging in to your Bitcoin Circuit account.

The password for your account can be found in the confirmation email that Bitcoin Circuit sent to you when you opened your account. Use this to log in to use the platform.

Bitcoin Circuit’s platform contains a tab for your portfolio, a broad summary of the trending cryptocurrencies, as well as a trading page that allows you to set up your live automatic or manual trades.

On the portfolio, you will see details such as your open trades as well as your trading history. For your open trades, details such as the asset you traded, the direction of your trade, the investment amount, opening price, stop loss rate, take profit rate, as well as the current price can be found here.

Below the open trades table is your trading history. You can monitor past trades and your corresponding profit and loss for each of them here. You can use this data to gauge how effective Bitcoin Circuit’s system is. You can also compare this to other trading bots on the market.

Your total profit, total balance, and the number of winning trades are shown on your portfolio.

Mobile app of Bitcoin Circuit

To manage your funds on your own, Bitcoin Circuit has developed a mobile application. This mobile application is available on the Google Play Store for Android users. Within their downloadable software, you can still enjoy Bitcoin Circuit’s proprietary algorithm wherever you are. You may also opt for manual trading using their software so that you have more control over your funds.

The interface of this application is simple and easy to use. The app features the top trending cryptocurrencies in the market with their corresponding charts and daily change. This allows you to view what’s in and probably find opportunities within those options.

Additionally, you could view your crypto portfolio on the application and subsequently choose to either add or decrease your assets.

Live automated trading

With Bitcoin Circuit’s live, automated trading feature, you can passively trade without spending too much time on the platform. All you have to do is calibrate the settings of your robot, and it will do the work for you.

Manual trading

Bitcoin Circuit’s platform also showcases trading signals that you can follow if you choose to trade manually. The trending tradeable cryptocurrencies are also shown, and they can be bought with a click of a button.

All of these trades go through your partner broker and will reflect on both your portfolio in Bitcoin Circuit’s platform and in the broker’s.

Demo account of Bitcoin Circuit

Demo accounts allow traders to train on the trading platform under live market circumstances with zero risks. This is very important not only to newbie traders but to professional traders as well. If you’re just starting out, you can try to apply what you learned and devise your own strategies. A demo account will also help you build up your confidence and prepare you for the real thing.

Professional traders, on the other hand, can test out other methods and continue to hone their skills to increase their chances of profit. You can also try out Bitcoin Circuit’s trading robot to see which settings best suit your trading style.

Advantages of Bitcoin Circuit

Advantages of Bitcoin Circuit

The best thing about Bitcoin Circuit is that using its core features won’t cost you anything. Signing up is 100% free, and Bitcoin Circuit has no other fees or commissions. This means that even though you haven’t deposited any funds, you are allowed to use Bitcoin Circuit’s proprietary trading robot on their demo account.

You will definitely notice that it would only take up to a few minutes to set up an account with Bitcoin Circuit. This would enable you to trade and use their account as soon as possible once you have deposited funds and verified your account.

Additionally, when compared to other brokers and third-party services, Bitcoin Circuit does not require you to send IDs such as proof of address or bank statements. Instead, at the very least, the only significant identification that you will need to provide are your bank details when depositing and withdrawing funds from Bitcoin Circuit.

With Bitcoin Circuit, not only can you trade using an automated system, but you can also manually set up trades. You can even learn from their system and just copy what their trading signal tells you to do. With this, you could learn how to trade independently after getting more experience.

Notice:

Since Bitcoin Circuit is partnered with a broker, you can rest assured that your trades will go through a liquidity provider that would usually give you the volume that your trade requires. In addition to this, most brokers are connected to networks at high speeds that would give you accurate pricing to minimize your losses and maximize your gains.

Some brokers and third-party services for automated trading do not support all devices, but thankfully, Bitcoin Circuit does. You can access their system on smartphones, tablets, and desktop computers.

Bitcoin Circuit also supports SSL Encryption on its website. This means that the information you enter on their website is secured and kept confidential. This adds a layer of confidence as you navigate through their platform.

With Bitcoin Circuit’s robot, you don’t even need to set up anything. The software does the work for you, but as an added bonus, you could customize it. Some of the settings that you could adjust are the invested amount per trade, the choice of assets, and the risk level.

Disadvantages of Bitcoin Circuit

There isn’t much detail on the team that made Bitcoin Circuit which affects their credibility a bit. However, according to their website, a pair of siblings have made this system using algorithms that could produce accurate trades that would open and close trades for the client automatically.

Even with Bitcoin Circuit’s highly profitable system, there will always be a risk in every trade. This also applies to all assets and ventures that involve cash.

According to Bitcoin Circuit’s website, they close registration regularly because of high media demand. It is suggested that willing clients should sign up immediately so as to not lose the opportunity to use Bitcoin Circuit. In short, the software rushes you to sign up with them because of the limited spots. However, they don’t really have a limit when it comes to new users, as this is just a market ploy.

Tips and tricks

The official logo of Bitcoin Circuit

Since the market crashed due to the coronavirus pandemic, Bitcoin’s price has risen more than 1200%. This has provided so many opportunities to traders, investors, and to newbies in the market. Learning about Bitcoin and the other cryptocurrencies gives you the advantage should this happen again in the crypto-space

With Bitcoin Circuit’s highly accurate trading bot, you can automatically execute trades without breaking a sweat. Furthermore, it is suggested to adjust the settings of your trading bot to trade certain assets only and to change the amount you risk per trade. This would greatly affect your gains and losses.

If you’re not that confident with Bitcoin Circuit’s system, you can always try out their demo account with no repercussions at all. It is free, and you will be experiencing most if not all of the services of your chosen robot.

Notice:

Bitcoin Circuit also provides trading signals that you could use to manually set up trades. You could even use this to your advantage by learning how their system works in hopes of copying it so that you could apply it to your own trades. At some point, with consistent practice and backtesting, you will be profitable even on your own.

Starting as soon as possible with Bitcoin Circuit would allow you to compound all of your earned profits as well as your initial capital to exponentially increase your gain. With the low minimum deposit, achieving gains of more than 100% would be easily attainable as long as you let the automatic trading system run constantly.

Never forget to take some of your profits. Aside from reducing your risk in the market, you could reward yourself for having taken this excellent opportunity of passive investing. Also, don’t forget to keep track of your portfolio value so that you could decide what your next move would be.

With your partnered broker, you can even demo trade or even live trade other asset classes. Should Bitcoin lose its steam and enter a bear market, having the knowledge and know-how to trade these other assets will give you a competitive edge. Having the ability and skills to trade in whatever market will allow you to be even more consistent with your trades.

Customer support of Bitcoin Circuit

The customer support of Bitcoin Circuit and how to contact them

Bitcoin Circuit’s customer service can be contacted via email. To do this, navigate your way to the “contact us” tab on Bitcoin Circuit’s website. Once you get there, fill up the form with your complete name, email address, and your query or concern.

You can send them an email anytime, but it usually takes one to two days before they respond to your email. If you have more urgent questions, you can join Bitcoin Circuit’s community and see if other clients can help you regarding your concern.

The Bitcoin Circuit

The Bitcoin Circuit is a trading robot offering the possibility to earn passive income.

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Summary:

The Bitcoin Circuit is an automated trading platform.

3.8

Frequently asked questions about Bitcoin Circuit:

Does Bitcoin Circuit have a mobile app?

Bitcoin Circuit does not currently have a mobile app. However, you can access Bitcoin Circuit’s platform from your web browser on your mobile phone or tablet.

Is there a limit to how much I can earn with Bitcoin Circuit?

There is no limit as to how much one can earn with Bitcoin Circuit. However, depending on how much you invest, you can earn up to 12% of your initial deposit every day.

I have no experience in trading. Can I still use Bitcoin Circuit?

Anyone can use Bitcoin Circuit. It doesn’t matter how much knowledge you have when it comes to trading. Since Bitcoin Circuit is an automated trading software, all you need to do is familiarize yourself with the parameters and terms. However, it is recommended that you do a bit of research before investing in Bitcoin.

How much do I need to deposit before I can use Bitcoin Circuit?

The minimum deposit required at Bitocin Circuit is $250.

Does Bitcoin Circuit accept traders from all countries?

Bitcoin Circuit is not open to all countries.
Below is a list of the accepted countries:

Afghanistan, Algeria, Albania, American Samoa,
Andorra, Angola, Anguilla, Antigua and Barbuda,
Armenia, Argentina, Aruba, Austria,
Australia, Azerbaijan, Bahrain, Bahamas,
Barbados, Bangladesh, Belgium, Belarus,
Belize, Bermuda, Benin, British Virgin Islands,
Bolivia, Botswana, Brazil, Bosnia and Herzegovina,
Bhutan, Brunei, Burkina, British Indian Territory,
Bulgaria, Burundi, Cameroon, Christmas Island,
Canada, Cape Verde/Cayman Islands, Carribian Netherlands,
Chad, Chile, China, the Central African Republic,
Colombia, Cambodia, Comoros, Cocos Islands,
Congo, Costa Rica, Cook Islands, Cote d’Ivoire,
Cuba, Croatia, Curacao, Czech Republic,
Cyprus, Djibouti, Denmark, Dominican Republic,
Dominica, Ecuador, Egypt, El Salvador,
Ethiopia, Eritrea, Estonia, Equatorial Guinea,
Fiji, Faroe Islands, French Guiana, Falkland Islands,
France, Finland, French Polynesia, Gabon,
Gambia, Ghana, Germany, Greece,
Gibraltar, Grenada, Greenland, Guam,
Guadeloupe, Guernsey, Guatemala, Guinea-Bissau,
Guinea, Guyana, Haiti, Hong Kong,
Honduras, Hungary, India, Iceland,
Indonesia, Ireland, Iraq, Isle of Man,
Italy, Israel, Japan, Jersey,
Jamaica, Jordan, Kenya, Kazakhstan,
Kosovo, Kiribati, Kuwait, Kyrgyzstan,
Latvia, Laos, Lesotho, Lebanon,
Liberia, Liechtenstein, Libya, Lithuania,
Luxembourg, Macedonia, Malawi, Madagascar,
Macau, Malaysia, Maldives, Mali,
Malta, Martinique, Mauritania, Marshall Islands,
Mauritius, Mexico, Mayotte, Micronesia,
Monaco, Moldavia, Montenegro, Morocco,
Montserrat, Myanmar, Mozambique, Namibia,
Nepal, Nauru, Netherlands, New Caledonia
New Zealand, Nicaragua, Nigeria, Norfolk Island,
Niger, Niue, North Korea, Northern Mariana Islands,
Norway, Oman, Palau, Pakistan,
Palestine, Paraguay, Papua New Guinea,
Panama, Philippines, Poland, Puerto Rico,
Portugal, Qatar, Reunion, Russia,
Romania, Rwanda, Saint Helena, Saint Barthelemy,
Saint Lucia, Saint Martin, Zimbabwe,  Saint Pierre and Miquelon,
San Marino, Samoa, Saudi Arabia, Sao Tome and Principe,
Senegal, Serbia, Sierra Leone, Seychelles,
Sint Maarten, Singapore, Slovakia, Slovenia,
Solomon Islands South Africa Somalia         South Korea
South Sudan, Sri Lanka, Spain, Suriname,
Sudan, Swaziland, Sweden, Svalbard and Jan Mayen,
Switzerland, Syria, Taiwan, Tanzania,
Tajikistan, Thailand, Timor-Leste, Tokelau,
Togo, Tonga, Tokelau, Trinidad and Tobago,
Turkey, Tunisia, Turkmenistan, Turks and Caicos Islands,
Tuvalu, Uganda, Ukraine, US, Virgin Islands, Zambia,
United States, United Kingdom, Uruguay, United Arab Emirates,
Uzbekistan, Vanuatu, Venezuela, Vatican City,
Vietnam, Western Sahara, Wallis and Futuna, Yemen.