As cryptocurrency trading gains popularity, many trading robots have emerged to simplify the investment process. However, with numerous options available, it can be difficult to decide which one to choose. Bitcode AI stands out among the competition and may be worth considering.
This Bitcode AI review covers everything you need to know about the robot, its fees, features, and credibility.
Let’s get started.
Bitcode AI Review Summary
| 💠 Supported Crypto | 20+ |
| 💥 Claimed Success Rate | N/A |
| 💵 Minimum Deposit | €250 |
| 📱 Mobile App | No |
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
What is Bitcode AI?
Bitcode AI is one of the best Bitcoin robots for automating investment. Like other trading robots, Bitcoin AI is a specially designed software program that trades on the investor’s behalf, identifying trade opportunities using AI-powered software and removing the need for investors to conduct research beforehand.
Bitcode AI’s browser-based platform is beginner-friendly and requires no previous trading experience. The robot apparently employs proprietary strategies informed by ‘Big Data’ to ensure high accuracy in its promoted trade ideas. All that’s required from the user is a €250 ($274) minimum deposit, as Bitcode AI is entirely free to download.
Notably, Bitcode AI also allows users to use leverage. The Bitcode AI website notes that the robot can employ up to 5000:1 leverage – much higher than most crypto exchanges. Although this can dramatically boost profits, it can also produce more considerable losses, which is only recommended for experienced traders.
We couldn’t verify all the claims made my Bitcoin AI’s site, so we recommend doing your research before using this platform, just like we do for other Bitcoin trading bots like Bitcoin Era and Bitcoin Loophole.
Who Owns Bitcode AI?
Bitcode AI is said to have been developed by a group of professional traders and software developers, although the team is anonymous with no information on their website.
However, despite some articles and Facebook ads to the contrary, our research found that it the likes of Elon Musk and Ryan Reynolds have zero connection with Bitcode AI, with those adverts linked to crypto scammers and are best avoided.
Bitcode AI Pros & Cons
Pros
- Free to download and use
- Works with over 20 cryptocurrencies
- Employs the use of AI-powered strategies
- No prior trading experience is required
- No withdrawal fees
- The minimum deposit is only €250
Cons
- No mobile app
- The success rate is unverified
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
How Does Bitcode AI Work?
As an automated trading robot, Bitcode AI can buy Bitcoin (and other cryptos) on your behalf. Once you have downloaded and set up the robot, Bitcode AI’s advanced algorithms will scan the markets for viable trade opportunities. These opportunities are informed by Bitcode AI’s inherent strategies, which are claimed to be highly successful.
According to the Bitcode AI website, the robot is 0.01 seconds ahead of the market, meaning users will always receive the best possible entry price.
After a trade is placed, Bitcode AI will automatically monitor the position and close it out at the optimal time. This removes any human biases from the trading process and ensures that the greatest amount of profit is achieved from each trade. Once the position is closed, any winnings are deposited into your account, where they can be withdrawn or reinvested.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
On What Devices Can I Use Bitcode AI?
Bitcode AI is not a dedicated app but can be accessed through any device with an internet connection and web browser, including Android or iOS smartphones, tablets, and laptops/desktop PCs.
Which Exchanges and Brokers is Bitcode AI Partnered With?
We could not verify exactly which brokers BitCode AI partners with as they differ for individual users.
However, the platform claims to only partner with those overseen by tier 1 financial authorities such as the Financial Conduct Authority in the UK and the Australian Securities and Investment Commission (ASIC).
Can I use Bitcode AI in My Country?
Bitcode AI is widely available, although the most notable exception is in the USA.
See below for a select list of availability:
| Is Bitcode AI available in the USA? | No |
| Is Bitcode AI available in the UK? | Yes |
| Is Bitcode AI available in Australia? | Yes |
| Is Bitcode AI available in Canada? | Yes |
| Is Bitcode AI available in France/Germany/Italy/Spain? | Yes |
| Is Bitcode AI available in Singapore? | Yes |
| Is Bitcode AI available in South Africa? | Yes |
| Is Bitcode AI available in Mexico? | Yes |
| Is Bitcode AI available in Nigeria? | Yes |
How Much Profit Can Be Made from Bitcode AI?
Bitcode AI claims to have a win rate of 90% on trades, although these claims are not verified.
Trading is inherently risky, and losses on trades are inevitable – therefore, it is crucial not just to leave the bot to work but to consistently monitor it and develop your own knowledge of strategies and analysis.
Beginners should only invest funds they can afford to lose. Furthermore, it is important to note that profits on crypto trading are taxable in many countries.
Bitcode AI Key Features
Now that you have an idea of what Bitcode AI is and how it works let’s dive in and take a look at some of the robot’s features:
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AI-Powered Strategies
Bitcode AI’s trading strategies are highly efficient and can analyze the markets much faster than humans. Due to this, trade opportunities are identified at the optimal moment, allowing for greater profitability levels.
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Broker Partnerships
Like the Bitcoin Profit trading bot, Bitcode AI has partnered with numerous brokers to facilitate trades. The platform claims its partners are licensed by CySEC.
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Free to Use
The Bitcode AI software is free, with no sign-up or monthly account fees. Furthermore, the minimum deposit is only €250, making it ideal for beginner investors.
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Fast Trading
The Bitcode AI website states that the trading bot can execute high-end trading strategies extremely quickly, entering and exiting the market in no less than 0.01 milliseconds.
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Trade Multiple Coins at Once
While some crypto bots only trade Bitcoin, Bitcode AI claims to allow users to automatically trade multiple popular cryptos at once, such as BTC, ETH, and other exotic coins.
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Leverage
Finally, Bitcode AI claims it can use up to 5000:1 leverage while employing the same effective strategies. Human bias would naturally come into play when trading manually with this leverage – which isn’t an issue with Bitcode AI.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
Bitcode AI Fees
Before investing in Bitcoin or some of the best altcoins with Bitcode AI, it’s wise to consider the robot’s fees. The Bitcode AI website notes no hidden fees, and the platform is entirely free to sign-up for.
Ultimately, this is one of the best features noted during this Bitcode AI review, ensuring the trading process is as cost-effective as possible. The only thing to be aware of is that the brokers Bitcode AI uses may employ their own spread when facilitating trades – although this will depend on the platform.
| Account Opening Fee | No |
| Commissions | No |
| Inactivity Fee | No |
| Monthly Account Fee | No |
| Additional Charges | No |
Bitcode AI Minimum Deposit
As mentioned earlier, the Bitcode AI minimum deposit is only €250. The robot requires this amount to implement its trading strategies effectively to make substantial profits.
The Bitcode AI website doesn’t state any specific approaches in terms of deposit methods. However, many trading robots accept credit/debit cards and bank transfer deposits, so these payment methods are the most likely to be accepted.
Bitcode AI Customer Support
Finally, Bitcode AI has a dedicated customer care department staffed by real people. This department is stated to be open 24/7, ensuring traders can obtain all the required help.
Furthermore, Bitcode AI’s website also has a dedicated FAQs section at the bottom, which provides quick answers to many of the most asked questions.
Is Bitcode AI a Scam?
Given the information presented until this point, can Bitcode AI be considered a scam? The website doesn’t showcase any verifiable testimonials or trading results, so it’s difficult to say with certainty.
However, a quick search on the internet will display numerous Bitcode AI reviews that give the trading robot a glowing recommendation. Furthermore, social media sites such as Twitter and Reddit also make note of Bitcode AI, highlighting that retail traders have used it. However, these could be paid-for and should not be totally trusted.
The respected peer-review website Trustpilot does not carry any reviews for Bitcode AI, and we were unable to verify Bitcode AI’s claim that its trading bot has a 90% win rate.
What is certain, however, is that Facebook adverts mentioning Elon Musk, Ryan Reynolds, or other high-profile celebrities are scams and should not be trusted.
Overall, it’s challenging to determine the robot’s level of legitimacy, so it’s best to do your own research into this.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
How to Use Bitcode AI
Let’s look at the sign-up process before rounding off this Bitcode AI review. Below are the three quick steps that you need to take to begin using Bitcode AI today – all in a matter of minutes.
Step 1 – Create a Bitcode AI Account
To sign up for Bitcode AI, head to the robot’s website and enter your name, email address, and phone number to create an account. You will then receive an email asking you to verify your email address by clicking the link.
Step 2 – Make a Deposit
Once you have signed up, you can access Bitcode AI’s web-based platform. You can now proceed to make a deposit (minimum €250), allowing the robot to trade the crypto market effectively.
Step 3 – Start Trading
Finally, head over to your account settings and alter the robot’s parameters to suit your goals and risk appetite. You can change the leverage ratio, trading schedule, and other specifications. Once you are happy with everything, opt to begin live trading, and the robot will immediately start scouring the market for opportunities.
How to Withdraw Money from Bitcode AI?
User funds are not stored on the Bitcode AI platform but instead with the partnered broker. Therefore, to withdraw funds, users have to:
- Visit the broker’s website and log in
- Visit the wallet in the account
- Enter the amount to withdraw and start the withdrawal process
- Once confirmed, the transaction should take up to 24 hours to complete
Brokers will not pay out in crypto but in fiat currency.
How to Delete Bitcode AI Account?
Deleting a Bitcoide AI account should be simple. Either head to the platform and follow the instructions under the settings menu or do the same via the broker’s platform.
Speak to customer services if it still has not been deleted.
The Verdict
This Bitcode AI review has provided an overview of how it works and the required steps. However, finding trustworthy information on proprietary crypto trading bot software is difficult, and we could not verify the 90% win rate claims.
Therefore, we recommend conducting comprehensive research and trying the demo account before using the platform.
For those interested in AI (artificial intelligence), we also reviewed a list of AI crypto projects – tokens within that industry listed on a safe crypto platform.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.