How trustworthy is Bitcoin Code? – Review & test of the platform
- How trustworthy is Bitcoin Code? – Review & test of the platform
- What is Bitcoin Code?
- How to trade with Bitcoin Code
- What are the key features of Bitcoin Code?
Since 2009, Bitcoin has been catching the eyes of a lot of traders. Through the years, it has gained a significant following and is now one of the most traded assets on the market. Naturally, a lot of traders are jumping on the bandwagon of trading crypto.
This is why it’s so important to get to know the platform or the software that you will use to trade Bitcoin. In this article, you will read about Bitcoin Code and all its features. This article will also answer a bunch of important questions like “Is Bitcoin Code safe?”, “How does the software work?” and “Is it free?”.
(3.5 / 5)
What is Bitcoin Code?
Bitcoin Code is one of the safest automated trading software available on the market. This virtual trading bot was created by a team of well-trained software developers who have experience trading cryptocurrency.
This software is also known as a trading bot that allows its users to trade automatically without spending so much time on the platform. It is highly convenient, and a lot of user reviews claim that they have made huge profits because of this software.
Is Bitcoin Code legit and safe?
Just like any third-party trading software out there, Bitcoin Code needs to partner with a broker in order to function legally. According to the website, Bitcoin Code only partners with regulated and legit brokers that are registered under the ASIC or the Australian Securities and Investments Commission and FCA or Financial Conduct Authority based in the United Kingdom.
Both of these organizations are regulatory bodies that only register companies that follow strict rules and guidelines to protect consumers. As an added layer of protection, Bitcoin Code also has an SSL certificate. This ensures that the consumer’s data is safe and secure. Since the success rate of Bitcoin Code users can reach up to 99%, it is difficult to label Bitcoin Code as a scam. Additionally, featured on their website are clients that have made a profit using Bitcoin Code. You can check out these reviews on the website’s home page.
How do you create a Bitcoin Code account?
It won’t take you more than three minutes to create a Bitcoin Code account. All you need to do is fill in the registration form found on the home page of the website. You will need to input your complete name and email address.
Once you hit the “start trading now” button below the form, you will be sent a confirmation email to activate your account. The email contains a random password that you will use to sign in to your account. The details of the broker assigned to you, as well as their deposit method, can be found in the email as well.
How do you deposit and withdraw funds from your Bitcoin Code account?
There are many ways you can deposit funds into your Bitcoin Code account. You can use your Visa or MasterCard debit or credit card, wire transfer, or bank transfer. You are also given the option to use online payment systems like Neteller, Skrill, or any other e-wallet. A minimum of $250 is required for your initial deposit. After that, you can deposit any amount to your Bitcoin Code account.
To withdraw funds, you can use any of the methods mentioned above. Keep in mind that you might be charged a small withdrawal fee by the broker or bank. But you can rest assured that Bitcoin Code will not charge any fees when you deposit or withdraw funds.
If you are having trouble depositing or withdrawing funds, you can email their customer support representatives, and they will be more than happy to guide you.
How does Bitcoin Code work?
Just like most automated trading robots, Bitcoin Code uses its own algorithm to analyze the market and find opportunities in various crypto and fiat assets. Once the bot finds a trade that satisfies the parameters set by the system, it will instantly open the trade for you.
Alternatively, you can also make a few changes to the bot’s settings and configuration to adjust the details of your ideal trade. An example of this is you can set the maximum and minimum amount that you want to invest per trade, its respective stop loss and take profit levels, as well as the number of trades that it could make in a day without your supervision.
How to trade with Bitcoin Code
There are two steps you need to complete to start trading using Bitcoin Code. The first step is to create an account. The method for doing so is mentioned above. Keep in mind that you will be sent a verification email with your log-in credentials. The next step is to add funds to your account. A minimum deposit of $250 is required, but you can deposit any amount after your initial top-up. The details on how to deposit funds to your account are found in the confirmation email that was sent to you.
Once your deposited funds reflect on your Bitcoin Code account, you can start trading live manually or automatically.
For manual trades, Bitcoin Code’s platform will give you trading signals that will act as ideas for you to use on your trades. All of your trades that have been opened or closed will be listed down on your portfolio and trading history. It is advised, however, for you to practice on a demo account first before trading with real money. If you opt to trade automatically, you simply need to turn on the auto-trade function of Bitcoin Code’s platform. From there, the system will run and perform trades up until it reaches the default maximum number of trades.
If you want more control over the trading robot, you can change and adjust some of the customizable settings to better suit your trading style or preference. The trading settings that you can change include the trade amount, minimum payout, maximum concurrent trades, daily stop loss, daily take profit, and maximum daily trades.
Aside from this, the assets that can be traded include, but are not limited to:
- and BTC/XRP
What are the key features of Bitcoin Code?
There are numerous features that Bitcoin Codes has to offer. You will find a short description of each down below.
Live automated trading
As their main feature, Bitcoin Code takes pride in their accurate analysis with high win rates as well as high ROI. Bitcoin Code’s proprietary trading system can consistently analyze multiple assets 24/7 without your guidance.
Although Bitcoin Code can function on its own, you have the option to customize it to fit your trading style and trading goals. All the settings you can alter can be found on the trading platform.
With the use of the demo account feature of Bitcoin Code, you can backtest their system with a virtual portfolio with no risk at all. This means that you could check the historical performance of Bitcoin Code’s system and possibly compare it with other similar third-party platforms.
Details such as profit ratio, drawdowns, and average gain or loss per trade can be noted to optimize the settings of Bitcoin Code’s trading bot.
Upon the creation of a Bitcoin Code account, you will be automatically given access to its demo account feature. You can utilize this feature to hone your trading skills to prepare you for live trading conditions. Additionally, trading on a demo account is risk-free, and it helps build up your confidence.
Downloading software can be a hassle to some, if not all, traders. Luckily, Bitcoin Code’s platform can be accessed via any web browser, both Mac and Windows desktop or mobile device. This makes trading convenient and saves you a lot of time because the platform is very easy to use.
On Bitcoin Code’s trading platform, you can trade multiple cryptocurrencies such as Litecoin (LTC), Ethereum (ETH), Ripple (XRP), Dash, and other tradeable cryptos. Additionally, Bitcoin Code clients can also trade fiat currencies like Euro, US Dollar, Great British Pound, and many more.
You will also see multiple tabs that will assist you in trading. These tabs include your trading history, the trading room, and a list of your open trades. Furthermore, Bitcoin Code’s web-based platform supports multiple languages such as Thai, Malay, Filipino, Turkish, Swedish, Russian, Romanian, Portuguese, Norwegian, Dutch, Finnish, Arabic, Danish, Polish, French, Italian, German, French, and English.
The official Bitcoin Code application can be downloaded on the Google Play Store. It functions the same way as the web-based platform, but the interface is more mobile-friendly. The images showcased on the Google Play Store show that the mobile app has multiple features such as the use of leverage, automatic trading, manual trading, and the adjustment of various settings when utilizing the trading robot.
Advantages of Bitcoin Code
Most trading platforms would require new clients to submit a lot of proof for identification, such as copies for ID and/or proof of address. Bitcoin Code doesn’t require that and instead allows you to create an account quickly without hassle by just asking for a few details such as your name and email address. Furthermore, it is beneficial that even with just a few details, you are automatically granted access to a designated broker.
Bitcoin Code doesn’t only offer BTC or Bitcoin as the sole asset their trading bot can trade, but the system is programmed to even trade other cryptocurrencies as well as forex pairs. With more options and opportunities, the client will be able to get more trades and more chances to earn as well.
A lot of third-party platforms that offer automated trading usually only offer that as their service. It is beneficial for clients of Bitcoin Code that they also have access to manual trading as well. With trading signals that showcase good opportunities as well as trending assets, you will be able to spot these opportunities yourself and make a quick buck without relying on the bot.
As an added layer of security, Bitcoin Code has an SSL certificate that acts as a privacy shield for your data’s privacy and security. SSL or Secure Sockets Layer is usually used for websites that require clients to put in their log-in details or credit card information. In regards to the use in the cryptocurrency world, the SSL encrypts data like wallet addresses as well as passwords used to send cryptocurrency through the decentralized system.
Unlike some brokers and third-party software providers that require you to deposit money first before accessing their product, Bitcoin Circuit allows you to create a live account as well as a demo account for free for you to experience their services. Additionally, with your designated broker, you could also try to demo trade other asset classes. Bitcoin Code’s trading bot can run even if you don’t make changes to it. Additionally, you can opt to customize some of its settings to make it more optimal for your trading strategy. This, in turn, will allow you flexibility in regard to your trading goals as well as portfolio protection.
Lastly, Bitcoin Code’s website supports numerous languages. These languages are English, Greek, Yoruba, Shona, Hausa, Swahili, Indonesian, Bulgarian, Croatian, Hungarian, Romanian, Czech, Slovak, Korean, Indian, Chinese, Arabic, Turkish, Thai, Swedish, Russian, Portuguese, Polish, Filipino, Norwegian, Dutch, Malay, Italian, Finnish, Spanish, Danish, and German.
Disadvantages of Bitcoin Code
Just because Bitcoin Code has a high hit ratio for its trades doesn’t mean that it doesn’t come without risk. Like other brokers and third-party systems, trading manually or automatically will always put your capital at risk. This, however, gives a sense of legitimacy for Bitcoin Code as you will always get whatever is the outcome of your automatic trades through its platform and system.
Occasionally, new visitors to Bitcoin Code’s website will be notified that they will close registration in a few minutes. This is not true and is just a marketing strategy used by their team. Keep this in mind so as to not pressure yourself to sign up. Bitcoin Code also boasts of its award-winning platform. However, when you take a look at the website, there doesn’t seem to be any information to back their claim.
Tips and tricks
With hundreds and thousands of citizens losing their jobs because of the recent pandemic, having additional income from investments bring positivity amidst the pandemic. With Bitcoin Code’s claim of a consistent and profitable trading robot, you could be at ease and could even earn more than you could imagine. As a source of passive income, you could go about your day or search for new ventures while making the trading system do the work for you.
Trading Bitcoin and other cryptocurrencies aren’t all about profits. It’s also about believing in a future where it can replace fiat. If you choose to trade manually, invest in a cryptocurrency that you believe has the potential to be a household name. Not only veterans and intermediate-level traders can use Bitcoin Code’s service, but this is also available for beginners. In fact, using an automated trading robot could make newbies’ lives easier as they don’t need to learn to start profiting. All users should take advantage of the fact that these robots already set automatic stop-loss levels and take profit levels once the trade has been executed.
To learn how to trade manually through Bitcoin Code, you can always start with a demo account. You can perform an unlimited amount of trades using virtual cash without risking even a single time. Learning how to trade will allow you to have a better understanding of how cryptocurrency trends work. A good way to learn how to trade is to follow experts in the cryptocurrency world. Find someone with a good track record or perhaps enter a mentoring group. It’s always better to trade with other people for you to share and get new ideas.
It’s a good rule of thumb to take profits once in a while. As much as going all-in-one trade even on an automated trading robot sounds appealing, the capital you put in is still at risk. Always protect your capital so that you have adequate buying power when the markets and assets reach an even more attractive price. Since Bitcoin Code is partnered with a broker, you also have the opportunity to practice trading with other asset classes. This gives you the experience you need to survive in a difficult trading environment should Bitcoin or the entire crypto space enter a bear market.
Unlike other trading robots, Bitcoin Code has a dedicated customer support service that is readily available 24/7.
For time-sensitive concerns or queries, you can contact them via their telephone number or their built-in live chat on the website. Keep in mind that you will need to input your complete name and email address on the live chat bubble along with your question or concern. Alternatively, you can log in using your Google or Facebook account to start chatting with a live agent.
If your concern does not need immediate attention, you can send them an email and they will get in touch with you as soon as possible. Bitcoin Code’s customer support representatives are very knowledgeable, so you can rest assured that they will be able to answer any of your queries regarding their software.
Last Updated on March 6, 2022 by Andre Witzel