Bitcoin trading robots have grown in popularity due to their ability to trade on behalf of investors. In our Bitcoin Digital review, we explain why this bot is positioned as one of the most profitable cryptocurrency trading robots in the sector.
We also provide responses to a number of burning questions like fees and deposits. Is Bitcoin Digital a scam or a legitimate business? We’ll answer this and more in our review.
Bitcoin Digital Summary
This table lists the most important details about the Bitcoin Digital trading robot:
| 💠 Supported cryptocurrencies | BTC, ETH, XRP, BAT, LITECOIN |
| 💥 Claimed Success Rate | 99% |
| ℹ Fees | None |
| 💵 Minimum Deposit | € 250 |
| 📱 Mobile App | No |
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
What is Bitcoin Digital?
Bitcoin Digital is a web-based crypto trading robot that enables automated cryptocurrency trading. It analyses crypto price data, including historical charts, patterns, and the current news. This trading robot scans the cryptocurrency markets and uncovers trading trends.
The bot uses Artificial Intelligence (AI) and Machine Learning (ML) technology. The trading bot is also splittingly fast as the development team claims that it is 0.1 seconds faster than the broader crypto market.
Robot apps are taking over traditional asset management positions in the investment world. These automated softwares are becoming the tools of choice. They are better able to execute trade based on facts and figures. Given that they are made up of several lines of complex code, they are better suited to identify profitable trades faster than their human counterpart.
While day trading crypto, robots like the Bitcoin Digital robot, are all the rage. This bot is a trading algorithm that focuses solely on crypto contracts for difference (CFDs). Crypto CFDs give you exposure to the bitcoin price without purchasing the underlying asset. Here, a user is able to buy Bitcoin, for instance. The investor can also sell the crypto asset at a preset price once the contract expires.
Bitcoin Digital robot sends signals to one of its affiliated brokers to place trades after discovering trading opportunities. These platforms are some of the best Bitcoin brokers in the industry with multiple crypto offerings.
The robot claims that its trading predictions guarantee a 99% success rate. We couldn’t verify this detail while conducting research for our Bitcoin Digital review. We advise new users to be cautious while using this automated trading bot.
New investors will be required to deposit a minimum of $250 to activate the bot. This is in line with the majority of Bitcoin trading bots.
There are no registration or transaction fees when using the Bitcoin Digital cryptocurrency robot. The trading bot earns profit through partnerships with its brokers and business partners.
In addition, Bitcoin Digital offers manual trading solutions for experienced traders.
Users can trade manually by setting the robot’s parameters when making deals (e.g., to set risk parameters according to the user’s preference). The trading bot then monitors the markets for trading opportunities and automatically initiates or terminates a trade based on the trader’s specifications.
Furthermore, Bitcoin Digital supports five major cryptocurrencies, including Bitcoin, Litecoin, Ripple, Ethereum, and Bitcoin Cash. This means the robot can track the price movements of this asset. So if you want to buy Ripple, this robot can track the price movements and place the trades for you.
We discovered that the crypto robot does not have a stand-alone Bitcoin Digital app from our Bitcoin Digital review. Users would have to work with the web-based automated trading software.
Based on the claims on its website, this robot is said to make winning judgments nine out of ten times. The robot claims to have the potential to generate up to €1000 each day. However, when trading with this robot, ensure you use adequate risk management.
Our Bitcoin Digital review discovered that the platform does not charge extra fees aside from the €250 minimum deposit. This is the fee required to activate the software. However, partner brokers may charge fees for spread, account management, and other services common to online brokers.
Bitcoin Digital Pros & Cons
Let’s take a quick look at some of the pros and cons of this crypto trading robot:
Pros
- High-Security Claim
- Partners with Brokers
- Demo Trading
Cons
- Unverified founders and profit claims
- No Bitcoin Digital app
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
How Does Bitcoin Digital Work?
Bitcoin Digital is a cryptocurrency robot that executes digital currency trades in collaboration with brokers. It uses innovative technology to calculate trade signals and then sends them to connected brokers via an API. The associated broker then places the robot’s order on its trading dashboard and executes it. This trading robot also makes use of blockchain to establish a transparent trading economy.
Artificial Intelligence (AI) powers Bitcoin Digital. Machine Learning (ML) is a subset of AI that allows the robot to learn and adapt to changing market conditions. This means it can keep performing even if the trading environment changes.
Furthermore, the Bitcoin Digital software scans the markets for tradable news using AI subsets from Deep Learning (DL) and Natural Language Processing (NLP).
The bot relies on many brokers to conduct user transactions and execute market orders. These brokers ensure that clients’ funds are only utilised for what they were intended. For execution, Bitcoin Digital sends trade signals to any of its partner brokers.
Bitcoin Digital Key Features
Bitcoin Digital Fees
The one requirement to start trading with Bitcoin Digital is a €250 investment. There are no additional expenditures or fees associated with the platform. The company’s official website states that the software is free to use. However, you’ll be charged a commission fee for each trade made on the broker’s platform after it is completed.
Sophisticated Technology
The Bitcoin Digital trading algorithm is sophisticated. It is said to be capable of pulling real-time data from cryptocurrency markets and worldwide financial news. On the cryptocurrency market, the algorithm can detect even the tiniest signals. This makes it possible for the Bitcoin Digital robot to identify profitable trades.
Claimed Secure Platform
The trading platform claims that the auto trading software ensures that all data security measures are correctly applied to provide its traders with the best security and safety. Bitcoin Digital claims to adhere to the European Union’s strict General Data Protection Regulation (GDPR). The online auto trading platform is expected to ensure strict secrecy when dealing with the data of its traders under the terms of this legislation.
Partnerships with Brokers
According to the site, when their account is set up, traders are matched with brokers who are permitted to conduct business in their jurisdiction. The traders would be required to give extra information and identity to the partner broker. ID verification is compliant with the Know Your Customer (KYC) regulation, which has become a requirement worldwide.
Easy Payout
You’ll need to fill out the withdrawal form on the left-hand side of the trading dashboard’s control panel to request a payout. While using the cryptocurrency bot, withdrawals are not restricted by a minimum amount or a time limit. Withdrawals can be requested without limits, and the funds are credited to the trader’s bank account within 24 to 48 hours.
Bitcoin Digital Fees
| Monthly Charges | None |
| Inactivity Fee | None |
| Commissions | None |
| Additional Charges | None |
There are no registration or transaction fees when using the Bitcoin Digital robot. This is in line with some of the best Bitcoin robots out there. However, its partner brokers may charge spread fees or commissions so you need to look out for those.
Is Bitcoin Digital a Scam?
Although we can’t confirm it, Bitcoin Digital claims to be a reputable trading robot. You do not need to be an expert in cryptocurrency trading because the system promises to do it for you.
Bitcoin Digital claims to be a reputable trading robot. You do not need to be an expert in cryptocurrency trading because the system promises to do it for you.
There are no extra fees requested from you except the €250 minimum deposit. Also, the bot claims to offer high security and partnership with several brokers. There are also claims that it is possible to earn up to €1000 daily by investing as little as €250. However, all trading comes with added risks.
However, the website’s testimonials area looks similar to those of other robot sites. Before employing this robot’s services, we recommend carrying out additional research.
Bitcoin Digital Minimum Deposit
To begin using Bitcoin Digital, you must fund your account with a €250 minimum deposit using the trading dashboard. The linked broker will determine the mode of payment, but credit/debit cards, Visa, Mastercard, Neteller, wire transfer, and Skrill are some of the most prevalent options for deposits.
Although the software is free to use, you will be charged a commission for each trade executed on the broker platform. However, don’t forget that every trading carries some level of risk.
Bitcoin Digital Customer Support
Bitcoin Digital has a reliable customer support system available 24 hours a day, 7 days a week, to help individuals in need. Before joining, you can reach out to Bitcoin Digital’s customer service team. This is done by filling out a contact form on the platform’s official website, accessible anywhere. You can contact customer service by email or live chat once you’ve been authenticated as a site member.
How to Use Bitcoin Digital
Create an Account
For your account approval, you will be required to verify your contact details. You’ll also be led to a local broker’s page for more information and ID verification.
This procedure is vital because it ensures that the broker takes the appropriate precautions to safeguard your assets.
Deposit
After your ID has been verified, proceed to deposit. With Bitcoin Digital, you can invest as little as €250. However, a corresponding deposit should be made through the matching broker, as they are the ones that place market orders.
You can fund your Bitcoin Digital account with a wire transfer or debit/credit card. Some e-wallets and cryptocurrency wallets may be accepted as well.
Use Demo Trading
To help you prepare for trading before investing real income, Bitcoin Digital provides comprehensive educational resources and a demo account. New users can easily use this dummy account to fine-tune their trading strategies as well as learn how the platform operates.
Start Live trading
By selecting the trading button on the main screen, you may access Bitcoin Digital’s live trading feature. Make sure you know how much risk you can afford to take on each trade. A decent rule of thumb is to never risk more than 10% of your cash linked to the broker’s platform on a single transaction.
The Verdict
Cryptocurrency trading bots continue to enjoy massive adoption. They were created to free newbie traders from the load of research by allowing them to automate their trading process and profit from the developing financial market.
One of such trading bot is Bitcoin Digital. Our Bitcoin Digital review highlighted the platform’s AI and claimed success rate. However, because some of the platform’s claims are unverified, we advise you tread with caution and only invest an amount you can afford to lose.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.