Bitcoin Bank trading bot was launched in 2017 and is currently the most popular automated bitcoin trading program.
It reportedly uses Artificial Intelligence to make the bitcoin trading process easy and, above all, insanely profitable. Some of its users have reportedly become millionaires within months of trading. The most amazing thing is that no skill is required to use it.
But is Bitcoin Bank legit and profitable as alleged? We have conducted thorough research and prepared this detailed and unbiased review for you.
What is Bitcoin Bank?
There are many money-making opportunities out there for those who are willing to take the risk. Bitcoin trading is arguably the most profitable method in 2021.
You can make money from bitcoin by mining, buying low and selling high, or trading through financial derivatives. Unfortunately, mining has become increasingly hard and therefore only affordable to well-invested institutions.
The traditional ‘buying low selling high’ is accessible to the masses, but most people report finding it tedious. Moreover, it’s limited since profitability is only achieved when prices rise.
Most of the money being made on bitcoin today is through day trading. Trading robots such as Bitcoin Bank eliminate the need for skills in trading. This implies that anyone can participate. Moreover, trading bitcoin through an automated trading system is more profitable than the manual option.
Case in point, Bitcoin Bank is said to generate a daily ROI of up to 60%. This makes it among the most lucrative auto-trading systems in the market. An average ROI of 20% is enough to make you a millionaire in a few months of compounding the profits.
A compounding calculator shows that it’s possible to turn a $250 deposit to a million in about 11 months of compounding all the profits. An average daily ROI of 15% is required for this level of profitability to be achieved.
Bitcoin Bank is said to trade both the rise and fall or bitcoin price. The bot uses sophisticated short-selling techniques to generate returns from the price decline. We won’t delve much into the details of this technique since you don’t need the technical know-how to use this bot.
The Bitcoin Bank Concept Explained!
Bitcoin Bank leverages the power of AI to automate the trading process. AI is the secret of success in any automated trading.
An AI-driven trading system can perform complex functions at high speed and accuracy. Accuracy and speed are the key determinants of success in any trading. The high accuracy is a result of the reliance on big data.
Bitcoin Bank algorithms are superfast with an alleged speed of 0.001 seconds ahead of the markets. Speed is important in trading since it ensures that trading opportunities are capitalized upon before the markets can react.
Bitcoin algorithms use the Machine Learning (ML) subset of AI to adapt to the dynamic crypto markets. This ensures consistent profitability despite the changing markets. Here are the powerful techniques applied by this bot to speculate on bitcoin.
News and sentiment Trading
Bitcoin Bank derives tradable insights from market news through the subset of AI known as Natural Language Processing (NLP).
It’s through this technology that machines can read and make meaning of human language. Bitcoin Bank can scan billions of web pages per minute for volatility deriving news. Moreover, the bot can differentiate trustworthy news sources from fake ones. This is quite important given the proliferation of fake news on the worldwide web.
Bitcoin Bank has gained attracted a lot of media attention lately as one of the best tools for trading Elon Musk Bitcoin news and sentiments. Elon Musk regularly tweets his love for bitcoin and Dogecoin. He is the founder of Tesla, a company that has invested $1.5 billion in bitcoin.
Bitcoin Bank is also hailed as the best arbitrage trading tool for crypto. Investopedia defines arbitrage trading as a technique that exploits tiny price differences between identical assets in two or more markets.
Arbitrage trading in bitcoin involves taking advantage of the price discrepancies on different crypto exchanges. Bitcoin Bank powerful algorithms can reportedly place up to 60 arbitrage trades per minute.
This reportedly makes it the world’s fastest arbitrage trading robot. Arbitrage trading is popular across all asset classes. George Soros, the world richest trader, used this technique to earn over $1 billion within hours.
Price Trend Analysis
Bitcoin is the world most volatile asset, with price swings of up to 300% daily. The price trend analysis technique involves analyzing data to determine the factors that cause certain price behaviours.
Bitcoin Bank analyzes thousands of price charts per minute to determine how certain factors influence the price patterns. By doing so, the bot can determine future price behaviour and place bets based on the prediction.
The price trend analysis technique is insanely powerful. It takes a highly powerful trading bot to implement it with accuracy. Bitcoin Bank has an alleged accuracy level of up to 90%.
Getting Started with Bitcoin Bank
We are amazed by how popular this auto-trading system is. Bitcoin Bank alleges to have an active user base of 100k. This is despite receiving an average of 10k signup requests daily.
Bitcoin Bank offers limited signup slots on a lottery basis. Some reviews allege that only less than 3% of those who attempt to sign up with this trading platform secure a registration slot. However, this shouldn’t dissuade you from trying your luck.
Bitcoin Bank reportedly offers extra signup slots for users in the EU, Australia, and some parts of Asia. Follow the simple steps below to create a Bitcoin Bank account and start your trading journey.
Register a free account
Click here to redirect to the official Bitcoin Bank website. Fill the registration form on the top right corner of the page and click the submit button.
You will automatically match with a local broker. Complete the signup through the broker by uploading the verification documents as directed. The verification is quite straightforward and fast.
We have verified that all Bitcoin Bank partner brokers are reputable, safe, and highly reliable. Most are well regulated in top jurisdictions such as the UK and Australia. The UK’s FCA and Australia’s ASIC are among the world’s best broker regulators.
Deposit trading capital
Fund your Bitcoin Bank account through the assigned broker. A minimum of USD250 is all that is required to get started with Bitcoin Bank.
Deposits happen through the brokers since they are the ones to place orders in the market. Bitcoin Bank relays all trading signals to these brokers for implementation. The brokers connect to the industry’s top liquidity providers to guarantee instant order execution.
This is extremely important since it eliminates order delay and, consequently, negative slippage. Negative slippage occurs when an order is delayed and implemented at an undesirable price, resulting in losses or reduced profits.
Start a live session
Navigate to the trading resources page after completing the signup to find the trading instructions.
Bitcoin Bank comes with a 15 minutes video explaining all the settings. Also available is a demo to offer users a risk-free tour before proceeding to live trading. Dedicate at least an hour to trading preparation to avoid costly mistakes during live trading.
Set the Bitcoin Bank risk control functions as learned during the trading preparation and start a live session. This bot does all the trading research and order placing automatically. You can do other things as it does the trading for you.
Experts recommend running Bitcoin Bank from 8:00 AM to 4:00 PM EDT. Do not leave the bot running beyond this time due to rollover costs.
Bitcoin Bank Gordon Ramsay
The British superstar chef and TV personality are rumoured to have invested in bitcoin through Bitcoin Bank.
This is highly unlikely since Bitcoin Bank doesn’t disclose the ID of its users. Moreover, the posts making these rumours do not lead to the official Bitcoin Bank site. There is a huge likelihood that these rumours are meant to divert traffic to cloned sites.
Avoid fake news by always relying on reputable information sources such as this one. Click here to visit the official Bitcoin Bank site.
Is Bitcoin Bank a Scam? The Verdict!
We are surprised by the level of transparency observed by this trading platform. Bitcoin Bank is not only safe but also highly reputable.
Many of its users have come forward and rated it extremely well. Amazingly, the majority alleges transforming their financial lives through this bot. Bitcoin Bank claims a daily ROI of up to 60%. Some expert reviews claim that the average daily ROI is 20%.
A daily ROI of 20% is enough to make you a millionaire within months of trading on a small account. It’s extremely important to note that Bitcoin Bank carries the risk found in other forms of automated crypto trading.
This implies a likelihood of losing the invested capital. A prudent investor never puts more than 10% of their savings in a high-risk trading tool.