Bitcoin Up has received a lot of attention recently thanks to its alleged daily profitability of up to $1500. The robot allegedly generates this amount from a deposit of as little as $250. Moreover, users can allegedly earn up to $1 million in profits through compounding.
But what is Bitcoin Up and is that profitable? As usual, our team of experts has undertaken rigorous testing on this robot to ascertain if it is legit.
The robot scores above 90% in our legitimacy test and is hence likely to be reliable. We will present key facts about Bitcoin Up in this review and provide trading tips to help you get the best out of it. Please read to the end before registering with this robot.
Bitcoin Up software Review: Critical Points!
This software is not only reportedly highly profitable but is easy to use for all. You only need to observe the trading instructions that accompany it.
The instructions are in layman’s terms and hence easy to understand even for those with zero background in crypto. Here is a summary of everything you need to know about Bitcoin Up.
ü You do not need any knowledge or expertise in BTC trading to use Bitcoin Up. The robot trades automatically and with a supposed accuracy of up to 99%.
ü The high accuracy reportedly ensures profitability in every nine out of trades. Bitcoin Up places over a thousand small trades daily through a technique known as scalping.
ü You do not need to break your bank to invest with Bitcoin Up. The robot is free and requires a capital investment of as little as $250.
ü All deposits are handled by regulated brokers and hence have a guarantee that your funds are only used for the intended purpose.
ü This robot applies top-level risk management tools, including the Stop-Loss and Take Profit features.
ü Bitcoin Up encrypts all users’ information through a 128-bit key protocol. This is the highest standard of encryption.
Bitcoin Up may be highly profitable, but it isn't risk-free. All high performing trading robots tend to come at high risk. Even when Bitcoin Up has top-level risk management features, trading with it still involves risk. Do not invest more than you can afford to lose.
What is Bitcoin Up?
Bitcoin Up is an auto-trading robot founded in 2017. An auto-trading robot is simply a piece of computer software that automatically performs trading on behalf of users.
There are many trading robots out there, even though very few are trustworthy. Bitcoin Up seems to be highly trustworthy and is supposedly the most profitable robot in crypto trading. Like other leading bots, this robot relies on Artificial Intelligence (AI) and Machine Learning (ML) to conduct trading research and generate trading insights.
The application of AI in trading is not new. Leading Wall Street hedge funds such as Numerai, Cerebellum Capital, and Aidiyia Holdings rely on AI-powered trading robots. Big banks such as Goldman Sachs and CitiGroup are also investing big in AI robots.
Bitcoin Up is allegedly the first robot to implement artificial intelligence in crypto trading. This robot trades BTC through derivatives known as Contract for Differences (CFDs). A CFD allows you to trade volatility without having to buy the underlying asset directly.
Popular tradable pairs accessible through Bitcoin Up include BTC/USD, BTC/BCH, BTC/EUR, and BTC/GBP. In total, you get to speculate on over 50 BTC pairs when trading through this robot. As said earlier, Bitcoin Up helps users take advantage of BTC price swings. Consequently, it can take profitable positions on both the rising and falling prices.
Getting started with Bitcoin Up
Bitcoin Up only requires little human input to operate. The robot comes with trading manual to help you navigate through the account setup and trading process.
As mentioned earlier, trading with this robot doesn't require any form of expertise. This robot is reportedly a good fit for all, including those looking for a passive way to make money online. You do not have to disrupt your daily schedule to trade with this trading app.
Simply follow the setup instructions and open a trading session by clicking the live button. Bitcoin Up seems to perform best when left to trade unmonitored for at least 8 hours daily.
Signing up with Bitcoin Up only takes a few minutes. Visit their website here and click the register now button.
Bitcoin Up handles users' data with the utmost privacy. As mentioned earlier, this robot applies the military-grade encryption. This ensures that intruders can't copy data. Moreover, the bot complies with the GDPR data privacy law and hence can't share your data without permission.
Bitcoin Up collaborates with several robot brokers and hence shares data with them. You will be notified of these brokers during registration and asked to verify that you agree to share data with them.
You will need to submit extra details and verify identity with the underlying broker. Financial regulators all over the world require deposit-taking institutions to observe Know Your Customer (KYC) measures, including identity and proof of address verification.
The aim is to flag fraudulent financial transactions and thwart money laundering. You should appreciate this process since it is a guarantee that the broker handling your deposit values transparency.
It takes a few hours for the process to complete, but you can proceed to deposit and trading as you wait.
Deposit and demo trading
Fund your Bitcoin Up account with at least 250 USD to access the Bitcoin Up trading platforms. All deposits happen through the partner broker and are free.
Moreover, you can fund your account through any debit or credit card or Wire Transfer. Some of Bitcoin Up brokers also accept Skrill, Neteller, WebMoney, and bitcoin. Also, it takes less than a minute for deposits to reflect in your trading account.
The robot provides a free demo for practice before going live. You will find live trading easy if you take your time to practice through the demo. Also, make sure that you go through their educational centre to understand how the robot responds to different market conditions.
Bitcoin Up live account is easy to use, especially after demo trading. Unlike trading platforms such as the MT4, the web-trader is made with the complete beginner in mind.
This means that all features are explained in a language that is easy to understand for anyone with no prior crypto trading background. As mentioned earlier, this bot is 100% auto, and hence anyone who can read and follow instructions can use it.
It is worth mentioning that there are robots that are semi-auto. These are best suited for experienced traders looking for some level of control. Even so, fully auto robots such as Bitcoin Up are also popular with experts.
How to get the most out of Bitcoin Up
Bitcoin Up reportedly comes with a lot of opportunities for those who are willing to observe the trading rules. Here are several things you can do to hit a home run with the bot.
ü Start small and grow gradually by ploughing back the earnings you generate through the robot. Investing a lot of money at the beginning may cause anxiety hence tempting you to end trading prematurely.
ü As mentioned earlier, you should run Bitcoin Up during periods of high crypto volatility. The best time is GMT-5 since this is when Wall Street is live, and a lot of BTC derivative trading is happening.
ü Never leave the robot running overnight or during the weekend since this is likely to attract rollover fees.
ü Let Bitcoin Up run without interruption for at least 8 hours daily. Checking your account now and then is likely to trigger excitement and hence tempt you to interrupt trading.
ü If possible, get a close friend to register with the robot and work and compare performance to determine conditions that improve profitability.
Is Bitcoin Up legit? Final word!
Bitcoin Up seems legit and it may be a good idea to try it. You do not need any skill to operate this robot. Moreover, you only need a small deposit of 250 to access the markets through it. Bitcoin Up is reportedly highly profitable, but this doesn't mean that it is risk-free.
There is a possibility of losing your money, and hence you should only deposit what you are willing to risk. It is foolhardy to invest all your retirement savings in highly leveraged trading.
Is Bitcoin Up a scam?
No! Bitcoin Up seems legit since it has a lot of great reviews from users. Moreover, it works with reputable and trustworthy brokers.
How much should I deposit with Bitcoin Up?
You need 250 USD to start your trading journey with Bitcoin Up. You can deposit more, but we strongly advise starting small and building your account via reinvestments.
Is Bitcoin Up profitable?
Yes! The robot reportedly makes up to 1500 USD daily from the minimum capital deposit of 250 USD.
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