BitAi Method is a Bitcoin trading platform that claims to provide access to a variety of different coins. According to the BitAi Method website, this software is completely free to use.
So, is BitAi Method legit? In our BitAi Method review, we’ll cover everything traders need to know about this trading platform.
BitAi Method Platform Summary
We’ll begin our BitAi Method review with a brief summary of the key points traders need to know about this platform.
| 🏺 Platform type | Bitcoin and crypto trading platform |
| 💠 Supported cryptocurrencies | BTC, ETH, BCH, BNB, LTC, DASH, BT and more |
| 🕘 Withdrawal time | Instant via cryptocurrency, 12-24 hours by fiat |
| 💵 Minimum deposit | $250 |
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
What is BitAi Method?
BitAi Method is an automated crypto trading platform, also known as a Bitcoin robot.
According to the BitAi Method website, this trading software uses AI to predict Bitcoin’s short-term price movements. Using this information, traders can place quick trades that anticipate Bitcoin’s price changes and potentially turn a profit.
BitAi Method can be used to generate crypto trading signals. In addition, the website claims that the software can trade automatically on a user’s behalf. In this case, traders may not need to do any manual research or even be present at their computer to trade.
According to the BitAi Method website, the software is completely free to use. Traders won’t pay any account fees or commissions. In addition, BitAi Method says that traders don’t need any prior trading experience to benefit from this platform.
Who Owns BitAi Method?
BitAi Method does not provide any information about its owners or investors on its website. The company is privately owned so there are no available records of who owns it.
BitAi Method Pros & Cons
Pros
- Uses AI to predict changes in the price of Bitcoin
- Can trade Bitcoin 24/7
- Does not require prior trading experience
- Free to use
- Demo account available
Cons
- Requires a $250 deposit
- Doesn’t provide information about past performance
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
How Does BitAi Method Work?
According to the BitAi Method website, this trading software uses a proprietary AI algorithm to predict short-term changes in the price of Bitcoin. Based on these predictions, the algorithm can signal whether traders should buy or sell Bitcoin to try to make a profit.
BitAi Method doesn’t provide much information about its AI algorithm or what information it considers. Other algorithmic trading platforms that work similarly to BitAi Method use algorithms that have been trained on years’ worth of Bitcoin price data. These algorithms are trained to detect price movements that have led to profitable Bitcoin trades in the past and can identify those setups in current market data.
Notably, BitAi Method claims that it can execute trades automatically on a trader’s behalf using funds from their account. This could save traders from having to be present at their computer in order to trade, which is important since Bitcoin trades 24/7.
However, BitAi Method does not provide any information about its past performance or success rate during recent market conditions. The website also doesn’t say anything about whether it uses stop losses or other risk management tools to prevent large losses in traders’ accounts.
On What Devices Can I Use BitAi Method?
BitAi Method is available on the web. There is no mobile app, but it can be accessed from an iOS or Android device using a smartphone’s web browser.
Which Exchanges and Brokers is BitAi Method Partnered With?
BitAi Method likely routes trades through a crypto broker or crypto exchange. The website does not specify what brokers or exchanges it uses, and it does not say whether these platforms are regulated. Users should assume that any funds they trade with BitAi Method are not covered by investor protections.
Can I use BitAi Method in My Country?
BitAi Method is available in most countries except the US and UK. Here is a representative list of countries where BitAi Method is and is not allowed:
| Is BitAi Method available in the USA? | No |
| Is BitAi Method available in the UK? | No |
| Is BitAi Method available in Australia? | Yes |
| Is BitAi Method available in Canada? | Yes |
| Is BitAi Method available in France/Germany/Italy/Spain? | Yes |
| Is BitAi Method available in Singapore? | Yes |
| Is BitAi Method available in South Africa? | Yes |
| Is BitAi Method available in Mexico? | Yes |
| Is BitAi Method available in Nigeria? | Yes |
How Much Profit can be Made from BitAi Method?
In theory, there is no limit to the amount of profit that traders can make from BitAi Method. Traders can reinvest their profits in the platform to increase the amount that they earn from each subsequent winning trade.
Keep in mind that there is no guarantee that traders will profit while using BitAi Method. The platform does not publish information about its past win rate or the percentage of traders who make money using the software. Traders should only use money they are willing to lose.
BitAi Method Key Features
Our BitAi Method review found several features that can potentially help traders make money trading Bitcoin.
AI-assisted Bitcoin Trading
BitAi Method claims to use AI to trade Bitcoin more effectively than most human traders could. The platform identifies price movements that may signal a tradeable setup. Traders can use BitAi Method’s signal to trade on their own or enable the platform to trade on their behalf automatically.
24/7 Bitcoin Trading
A major advantage to using BitAi Method is that the software can reportedly trade around the clock. The BItcoin market never closes, unlike the stock market, so being able to trade 24/7 can be a competitive advantage for traders. While human traders are sleeping, BitAi Method can continue to work.
Beginner-friendly Platform
According to the BitAi Method website, traders can use this software even if they do not have any prior Bitcoin trading experience. The platform is intended to be beginner-friendly and easy to learn. Traders need to do only minimal monitoring of BitAi Method’s activity.
Demo Trading Mode
BitAi Method claims that all traders receive access to a demo trading account. This paper trading account is important because it gives traders a chance to evaluate BitAi Method without risking money on live trades. Traders can learn how to navigate the platform and evaluate how it performs under current market conditions.
Free Withdrawals
According to the BitAi Method website, withdrawals are free and can be requested at any time. Withdrawals in Bitcoin are processed instantly, while withdrawals in fiat currency can take 12-24 hours.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
BitAi Method Fees
BitAi Method claims to be completely free to use. The website says that there are no account or sign-up fees, no trade commissions, and no commissions on profits. BitAi Method also does not charge deposit or withdrawal fees.
| Account fees | None |
| Deposit/withdrawal fees | None |
| Commissions | None |
Is BitAi Method a Scam?
BitAi Method makes some exciting claims, but it’s important for traders to be cautious about approaching any new trading software. So, is BitAi Method a scam or legit?
BitAi Method operates similarly to many other trading robot. It uses AI that has likely been trained on market data to predict movements in the price of Bitcoin.
In addition, trading signals and technical indicators are commonly used in market analysis in the crypto, stock, and forex markets.
However, BitAi Method does not provide any details about its past trades or overall performance. This makes it difficult to know ahead of time whether the platform can help traders make a profit from trading Bitcoin.
BitAi Method reviews online suggest that it can. Reviews we found indicate that the software has helped a number of traders earn profits and most reviews were favorable. We cannot confirm that these reviews are genuine or that they reflect real profits. BitAi Method doesn’t have any testimonials on its own website.
Traders can use BitAi Method’s demo account to evaluate this trading platform under current market conditions before risking money on live trades.
BitAi Method Minimum Deposit
BitAi Method requires a minimum deposit of $250 to open an account and access the trading software. A required minimum is common among the best crypto trading bots.
BitAi Method does not charge deposit or withdrawal fees, and traders are free to withdraw their deposit at any time.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
BitAi Method Reviews
BitAi Method reviews online are positive about the platform. Some individuals who claim to be former traders say that they made significant profits while using the software.
We could not verify that any of the BitAi Method reviews we found are genuine. BitAi Method does not have any testimonials on its website.
BitAi Method Celebrity Endorsements
It is rumored online that BitAi Method has been endorsed by several major celebrities, including Elon Musk and Jeff Bezos. We did not find any information linking celebrities or brands to BitAi Method.
Does Elon Musk Endorse BitAi Method?
Elon Musk has been very outspoken about his support for cryptocurrencies. However, there is no evidence that he has ever traded Bitcoin with BitAi Method.
Does Jeff Bezos Endorse BitAi Method?
Jeff Bezos is rumored to be a BitAi Method user. However, we did not find any information to suggest that Bezos has ever used BitAi Method.
Does Amazon Endorse BitAi Method?
Amazon has suggested that it could accept cryptocurrencies for payment in the future. However, this is not an endorsement of cryptocurrencies. There is no record of the company investing in or supporting BitAi Method.
BitAi Method Customer Support
BitAi Method claims to offer customer support by phone and email. However, support is only available to current account holders.
How to Use BitAi Method
Traders who want to try out BitAi Method for themselves can get started in just a few steps.
Step 1: Sign Up
Visit BitAi Method and locate the registration form at the top of the homepage. Traders must enter their name, email, and phone number. Then click Register Now.
Step 2: Deposit Funds
BitAi Method requires a minimum deposit of $250. Traders can pay by Bitcoin, bank transfer, credit card, debit card, or e-wallet.
Step 3: Demo Trading
It’s a good idea for traders to begin using BitAi Method in demo mode. Traders can evaluate how the software performs under current market conditions and learn how to navigate the trading platform.
Step 4: Live Trading
Once traders are comfortable with BitAi Method, they can activate live trading. BitAi Method will then begin using funds from a trader’s account to execute live Bitcoin trades.
How to Withdraw Money from BitAi Method?
BitAi Method says that withdrawals are free. Bitcoin withdrawals are processed instantly, while fiat withdrawals can take up to 24 hours.
The website does not provide step-by-step instructions on how to withdraw funds. Traders can contact BitAi Method’s support team for assistance.
How to Delete a BitAi Method Account?
BitAi Method’s website does not provide information about how to delete an account. Traders should contact the BitAi Method support team.
Latest Bitcoin News
Given the volatility and fast-moving nature of Bitcoin and other cryptocurrencies, it is always worth keeping abreast of the latest news in the space. Here are some of the top headlines from the week ending March 19, 2023:
- Bitcoin (BTC) has rallied by around 30% this week to break $28k – its highest price in eight months – after the collapse of two major banking institutions, Signature Bank and Silicon Valley Bank.
- Circle-issued stablecoin USDC dropped all the way to $0.87 this week before bouncing back and restabilizing following the news on the banks.
- Crypto assets across the board also improved after Credit Suisse announced it would take a $54 billion loan from the Swiss National Bank to shore up its reserves.
The Verdict
BitAi Method is an automated Bitcoin trading platform that uses AI to predict movements in the price of Bitcoin. According to the platform’s website, BitAi Method can help traders be more profitable even if they don’t have any prior crypto trading experience.
BitAi Method is completely free to use. However, the platform doesn’t provide any details about its past performance, so traders should approach this software with caution. Traders can try out BitAi Method’s demo account today to see whether this platform can maximize their trading profits.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.