Robots created for cryptocurrency exchange are a reality and today we are going to review one of the newest models on the market, the Bitcoin TradeRobot.
What Is Bitcoin TradeRobot?
Bitcoin TradeRobot is an auto trading robot which uses artificial intelligence to buy and sell cryptocurrency looking to achieve the highest return on investment possible. This program was created by a team of cryptocurrency and technology professionals which saw the opportunity to create such a product in this market.
Basically, the Bitcoin TradeRobot uses the volatility of the cryptocurrency market to predict how people are going to invest and then it buys cheap coins and sells them when they are at a high price. The company states that this program can be used for cryptocurrency trading because it will win most of the time and it will lose on the trades so rarely that it will be profitable.
How Does Bitcoin TradeRobot Work?
The Bitcoin TradeRobot emits trading signals. The trading signals are the trigger that decides if the robot should trade some cryptocurrency or not. These signals are emitted when the artificial intelligence decides using its algorithms.
The company states that the software is very easy to use and that you will not need to use more than 20 minutes a day to set up the system and to decide how to program your Bitcoin TradeRobot. At the moment, you can only use it to buy and sell Bitcoin.
The company does not show any kind of data that can really do what it promises, but it lets you use it for free, so you can see by yourself if this program is the right fit for you. Unfortunately, the company also does not show any employee that works in the company and we are unable to know who works in the company
How To Invest Using Bitcoin TradeRobot?
You can use the Bitcoin TradeRobot or use it for free. If you want to use it, you only have to visit the company’s site (http://bitcointraderobot.com) and register using a valid email. While you do not have to pay anything to use it, the site will charge a small amount of money when you need to withdraw it (which is how the site keeps itself alive).
You can use PayPal, American Express, Visa and MasterCard to buy Bitcoins and use them on Bitcoin TradeRobot. The payments will be made directly to your account after 24 to 48 hours.
The Bitcoin TradeRobot Verdict
Is the Bitcoin TradeRobot a good tool for investments? We doubt it. To know why we are so skeptical of this program, you have to know that many bots do not feature the necessary abilities to really invest well and that, even if it advertised otherwise, you are only gambling with your money by using them.
Another red flag is that the company does not give you much information about who created the program and who works there, it just says that you can get rich by using the Bitcoin TradeRobot to trade your cryptocurrency.
We advise you to be cautious if you decide to use the services provided by this company. In the case that you still want to use it, think twice. You could find another great tool to make good investments if you actually look more for it.