Since the cryptocurrency market broke into the limelight, traders have been looking for easy ways to automate crypto investments.
Crypto trading bots are an impressive way to do this. These tools combine flexibility and ease of use. Bitcoin Buyer is one of the newer and most popular bots in the market today.
This Bitcoin Buyer review covers everything you need to know about the Bitcoin Buyer app. You’ll get to know how it works, the fees charged, and whether the platform is best for you.
Bitcoin Buyer Summary
|💥 Claimed Success Rate||99.4%|
|💠 Supported cryptocurrencies||BTC|
|📱 Mobile App?||None|
|💵 Minimum deposit||$250|
What Is Bitcoin Buyer?
Bitcoin Buyer is a crypto trading bot that offers an opportunity for investors to make money from cryptocurrencies.
Bitcoin Buyer was created by Matthew McCrady—a crypto trader with years of experience speculating and making money from the market. While doing the analysis for this Bitcoin Buyer review, we couldn’t find much information about McCrady. However, this shouldn’t be a dealbreaker since anonymous creators develop many bitcoin robots.
Bitcoin Buyer has been operating for a few years, and its goal is to simplify the process of making money in crypto. The platform states that its service works using artificial intelligence and machine learning, analysing massive data sets and activities across the crypto market to find the right entry and exit positions for your trades.
The developers of Bitcoin Buyer have claimed that the service can handle trades with a 99.4% accuracy rate.
This is much higher than what you would get with most crypto trading bots; this suggests that the Bitcoin Buyer robot might be cut above the others. However, it is important to note that cryptocurrency trading can be very volatile, so be careful while using this bot to avoid losses.
Grandiose claims aside, Bitcoin Buyer appears to be a tool that investors and traders can leverage. Once you set the right trading parameters, the Bitcoin Buyer robot handles the rest.
Who Owns Bitcoin Buyer?
It is not known who owns Bitcoin Buyer as they have anonymous owners, but sources suggest the team behind it is a group of former professional software traders and developers with long experience trading forex and crypto.
Although there have been consistent rumors about high-profile investors being behind the company, we found no evidence that billionaires Elon Musk, Jeff Bezos or Strive Masiyawa have anything to do with Bitcoin Buyer.
Bitcoin Buyer Pros & Cons
Cryptoassets are a highly volatile unregulated investment product. No UK or EU protection. Your capital is at risk.
How Does Bitcoin Buyer Work?
As a crypto trading bot, Bitcoin Buyer focuses on convenience and reliability. The bot’s entire job is to make it easy for you to trade and make money, and it does so using artificial intelligence and machine learning. Using both concepts, the bot parses through massive market data, analyses them, and finds the right entry and exit positions for traders.
The bot’s developers have claimed that it can help you make money with little to no supervision, but we recommend that you stay careful as cryptocurrency trading can be very risky.
As other Bitcoin Buyer reviews show, this bot works by trading contracts for difference (CFDs). These are contracts for you, for instance, to buy Ethereum or sell the coin at a later date, meaning that you’re not buying or selling the coin itself—just a derivative that tracks its price.
The Bitcoin Buyer robot is said to trade CFDs through a network of brokers. These brokers are the ones who primarily handle tasks such as trade execution and management while Bitcoin Buyer helps you to set your strategy and process your payments.
On What Devices Can I Use Bitcoin Buyer?
Bitcoin Buyer does not have a dedicated mobile app but can be used on any device that has an internet connection and a web browser – that means:
- Desktop PC/Laptop
- Android or iOS
Which Exchanges and Brokers is Bitcoin Buyer Partnered With?
Bitcoin Buyer does not reveal which brokers it has partnered with with individual users getting different partenrs.
It works with both regulated and unregulated broker partners so it is wise to ensure you find a regulated one, if you sign up.
Can I use Bitcoin Buyer in My Country?
Bitcoin Buyer is not available in any country that does not allow CFD trading, which means it is notably exempt for US-based users.
See below for a select list of availability:
|Is Bitcoin Buyer available in the USA?||No|
|Is Bitcoin Buyer available in the UK?||Yes|
|Is Bitcoin Buyer available in Australia?||Yes|
|Is Bitcoin Buyer available in Canada?||Yes|
|Is Bitcoin Buyer available in France/Germany/Italy/Spain?||Yes|
|Is Bitcoin Buyer available in Singapore?||Yes|
|Is Bitcoin Buyer available in South Africa?||Yes|
|Is Bitcoin Buyer available in Mexico?||Yes|
|Is Bitcoin Buyer available in Nigeria?||Yes|
How Much Profit can be Made from Bitcoin Buyer?
Bitcoin Buyer claims to have a win rate of 99.4% – we were unable to verify those claims and they are much higher than similar trading robots, which usually claim around 85% success.
Although it is possible to make huge sums while trading crypto or other financial assets, trading is an inherently risky pursuit, and losses on some trades are inevitable.
It is important that users do not leave the bot but consistently monitor its performance – as well as develop their own knowledge of trading strategies and analysis.
Beginners should only invest what they can afford to lose. It is also important to note that and trading profits are taxable in many countries.
Is Bitcoin Buyer Legit?
We were not able to verify this and the claimed win rate appears high. It is not as highly regulated as other trading platforms.
However, Bitcoin Buyer claims to work with a variety of brokers, showing its developers are concerned about legitimacy – do your own research and ensure that you trade safely.
Bitcoin Buyer Key Features
Below, we’ll look into what makes the Bitcoin Buyer platform is so popular:
Advanced Trading Technology
The Bitcoin Buyer developers have spoken extensively about the platform and its use of innovative technology. They claim it uses an algorithm that is less than a second faster than the market and other trading bots. While this might seem like a small difference, it adds up and can mean a lot when trading is concerned.
The platform reportedly adjusts its in-trade management protocol as the market trends move. This way, you know when to act and even have help when you need to. With all of this, it’s quite understandable that the bot’s developers claim such a high success rate.
Quick Signup & Verification
Bitcoin Buyer is also especially great because it insists that it employs a very fast verification and signup process. Today, most crypto services require that you complete long anti-money laundering (AML) and know-your-customer (KYC) steps. But Bitcoin Buyer bypasses all of these, allowing you to get started as quickly as possible.
All you need to do is register by filling in your name, phone number, and Email address. Then, the bot directs you to begin accessing all of its features.
This speed also extends to the bot’s payout process. Most crypto trading bots require a few business days to complete your withdrawal—especially if you’re hanging a massive transaction. But Bitcoin Buyer claims to immediately process transactions, allowing its user to receive payment in a few minutes.
Many Bitcoin Buyer reviews have also heralded the bot and its impressive security infrastructure. Bitcoin Buyer states it operates on advanced level encryption standards, protecting all transactions that go through its window. This is built to safeguard your money.
It is also worth noting Bitcoin Buyer doesn’t handle trades. According to the platform, these activities are instead run by its network of brokers who abide by the strict customer protection laws. This way, there’s little to worry about once your funds are escrowed by the brokers.
The platform also takes seriously the issue of data protection. Since the bot only requires the investor’s email and phone number, there´s little exposure in the case of a security breach compared to a platform that has access to your crypto funds.
A demo account is a critical tool that every Bitcoin Trading bot needs. They allow for proper acclimatisation and testing.
If you’re looking to run a Bitcoin Buyer test for your trading strategy, you’ll need to do so with the demo account. The Bitcoin Buyer demo account is said to help you get acquainted with its main platform—especially if you’re a beginner. As our Bitcoin Buyer review shows, it is important first to understand how the platform works—the demo account is your gateway to understanding this.
Affordable and Versatile
The Bitcoin Buyer robot has a very simple fee structure that allows you to know your financial commitments to the platform. There are no hidden fees. Essentially, Bitcoin Buyer charges nothing but commissions on every successful trade.
Bitcoin Buyer Fees
Several Bitcoin Buyer reviews all allude to the platform’s affordability. We provide a breakdown of its fees below:
|Account Opening Fee||None|
|Account Inactivity Fee||None|
|Account Maintenance Fee||None|
As our Bitcoin Buyer review shows, the bot charges a 0.01% commission on every successful trade. This means that Bitcoin Buyer only makes money when you make a profit.
It is worth noting that the bot also makes money on spreads when you make a deposit. But, compared to what Bitcoin Buyer’s developers claim that you can earn, this seems rather affordable.
Of course, none of this is a guarantee that you will make money. The crypto market is very volatile, and you need to be careful when trading coins.
Is Bitcoin Buyer a Scam?
With all that’s been said, is Bitcoin Buyer a scam? We cannot verify if this platform is a scam or not and were not able to verify its claims of a 99.4% win rate.
We were also unable to verify exactly which brokers Bitcoin Buyer uses and while many will be regulated, it does also use unregulated brokers.
Potential investors should also be aware that some genuine Bitcoin trading robots have had their imagery and name used in rogue Facebook ad scams, linking them to high-profile celebrities such as Elon Musk, Jeff Bezos, Martin Lewis and others.
We found no evidence that Bitcoin Buyer was associated with any of the individuals and the Facebook ads should be avoided.
For this review, we also scanned other social media sites including Twitter and Reddit to see what user sentiment was like – the reviews had some positive and some negative.
At the time of writing there is only one review on peer review website TrustPilot and it has a positive score of 3.5/5 stars.
However, traders who understand the market will find that Bitcoin Buyer could be a good tool to help them make money from the market.
Of course, this isn’t to say that there aren’t risks to crypto trading. The crypto market is extremely volatile. However, you shouldn’t have problems increasing your earnings or limiting your downsides with proper trade management.
Bitcoin Buyer Celebrity Endorsements
There have been some rumors circulating that several leading companies and figures have endorsed or investing in Bitcoin 360 Ai, with numerous ads on social media sites such as Facebook, Reddit and Twitter produced by bots and run by scammers.
Our research didn’t turn up any proof that any of these rumors are true.
Does Elon Musk Endorse Bitcoin Buyer?
Despite his well-publicized links and interest in Bitcoin and cryptocurrency, we found no evidence that Elon Musk is involved with Bitcoin Buyer.
Does Strive Masiyawa Endorse Bitcoin Buyer?
Strive Masiyawa is a Zimbabwean billionaire and philanthropist. There is no connection between Masiyawa and Bitcoin Buyer.
Does Jeff Bezos Endorse Bitcoin Buyer?
We found no connection between Jeff Bezos and Bitcoin Buyer.
Does Amazon Endorse Bitcoin Buyer?
Although Amazon may accept crypto payments in the future, we could not find any evidence that Amazon endorses Bitcoin Buyer.
Bitcoin Buyer Minimum Deposit
Bitcoin Buyer has a minimum balance of $250. This is quite competitive when you consider what other crypto trading bots require that you start an account with. So the bot also ranks highly in this regard.
As the crypto market remains volatile, we recommend that you only trade with money you’re willing to lose. Limit your downsides and always use the top loss and take profit features.
Bitcoin Buyer Customer Support
Bitcoin Buyer claims that its customer support is available and can be accessed at any time of day or night, seven days a week. For any questions you have, you can check the platform for its customer service channels
How to Use Bitcoin Buyer
How do you begin with Bitcoin Buyer? Check out the steps below to see how to get started:
Visit the Bitcoin Buyer home page. You can either click on the “Register” button or use the dialogue box in the right-hand corner to enter your details. The bot requires entering your name, email address, and phone number.
Once your phone number has been verified, Bitcoin Buyer will connect you to one of its partner brokers in your region. From there, you will be taken to your profile page.
The demo account is critical for all traders on Bitcoin Buyer. It isn’t compulsory, but we recommend that you give it a go. The demo account allows beginners to get a feel of Bitcoin Buyer while also letting advanced traders test their strategy. This is the same with other crypto bots like Bitcoin Prime.
To be on the safe side of the Bitcoin Buyer review, we recommend always using the demo account.
Make A Deposit
Next, you will need to fund your account. Bitcoin Buyer allows you to deposit using cards or bank transfers, and you should remember that the minimum deposit is $250.
Go To Live Trading
Once you’ve funded your account and gotten a feel of the demo account, you should be ready to begin trading for real. Simply customise your trading bot, set your risk management tools, and leave the bot to trade for you.
How to Withdraw Money from Bitcoin Buyer?
Funds are not stored with Bitcoin Buyer platform but instead by the individual user’s partnered broker – to withdraw funds, users will have to:
- Log in to your account on the broker website
- Find the wallet section
- Enter the amount to withdraw and start the process
- The transaction should take up to 24 hours to complete after confirmation.
Brokers will pay out in fiat currency rather than in crypto with no fees attached. Withdrawals take up to six days depending on the method used.
How to Delete Bitcoin Buyer Account?
Deleting any Bitcoin Buyer account should be relatively simple – head to the platform and follow instructions under the settings menu, or do the same on the broker platform.
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 February 5, 2023:
- The UK Government have published a consultation paper that will outline how exactly crypto regulation will work in the country.
- Bankrupt crypto lending firm Celsius has revealed those eligible to withdraw funds need to update their accounts with AML and KYC data.
- Tesla lost around $140 million on their Bitcoin holdings in 2022, it has been revealed, with a $204 million gross impairment loss offset by a gain of $64 million from sales of BTC in Q2.
It’s easy to see the appeal of Bitcoin Buyer. The robot makes it easy to make money from the market, offering a flexible and convenient trading system that beginners and advanced traders can use. However, please remember that all trading includes risk. Investors should always tread with caution.
If you’re interested in trying out the Bitcoin Buyer bot software, sign up below. We recommend starting with a minimum deposit.
Crypto assets are a highly volatile unregulated investment product. Your capital is at risk.