Bitcoin Money is a cryptocurrency trading platform that says it can spot changes in Bitcoin’s price and execute trades for users. It aims to make it easy for anyone to profit from Bitcoin price shifts, even those without any experience in the crypto market. Plus, Bitcoin Money is free to use, and anyone can register today.
So, is Bitcoin Money legit? In our Bitcoin Money review, we’ll cover everything traders need to know about this Bitcoin trading platform and whether it’s legit.
Bitcoin Money Summary
Let’s start off our Bitcoin Money review with a quick overview of the key features and claims that this Bitcoin trading platform makes.
| Platform type | Crypto trading platform |
| Supported markets | Bitcoin |
| Claimed success rate | Not specified |
| Withdrawal time | Less than 24 hours |
| Minimum deposit | $250 |
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
What is Bitcoin Money?
Bitcoin Money is a type of automated trading platform, meaning that it is able to buy Bitcoin and sell it on behalf of a user. So, Bitcoin Money users don’t have to watch the market all day in order to use the platform. Instead, Bitcoin Money simply recommends that they check in at least once a day to monitor the platform’s performance.
Part of what makes Bitcoin Money powerful is the AI algorithm behind the software. This has been trained on cryptocurrency market data and is able to predict tradeable price movements before they happen. Bitcoin Money doesn’t provide details about how profitable its platform is, but testimonials suggest that the platform can help traders make money.
Importantly, Bitcoin Money is free to use and doesn’t require any prior trading experience. Anyone can sign up to start trading with this software, even if they’re completely new to cryptocurrency trading. Bitcoin Money charges a commission on traders’ profits, so the platform makes money only when it is making money for traders.
Bitcoin Money Pros & Cons
Pros
- Uses AI to predict price movements in Bitcoin
- Can trade automatically on behalf of traders
- Only makes money when traders earn profits
- Does not require prior trading experience
- Demo trading account included
- Free withdrawals in under 24 hours
Cons
- Requires $250 minimum deposit
- No details about the platform’s success rate
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
How Does Bitcoin Money Work?
Bitcoin Money claims to use a proprietary AI algorithm to monitor the price of Bitcoin and identify price movements that could be suitable for trading. The algorithm has been trained on years’ worth of Bitcoin price data and can find patterns that fit a specific set of rules.
When these patterns are detected, Bitcoin Money creates a trading signal, either a buy or sell. The software then uses money from a trader’s account to execute a trade. Each trade has a profit target and stop loss – typically just a few percent in either direction – and Bitcoin Money will automatically exit the trade when the profit target or stop loss is reached.
At the end of each trade, funds are returned to the trader’s account along with any profits (minus Bitcoin Money’s commission). The funds can then be used again for another trade, enabling a trader’s initial deposit to compound over time.
Bitcoin Money does not require any manual intervention on the part of users. However, the platform’s developers recommend that traders monitor Bitcoin Money to ensure the system is working as expected each day.
Bitcoin Money Key Features
We identified several important features during our Bitcoin Money review that traders should be aware of, according to its website.
24/7 Trading
Bitcoin Money can buy Bitcoin and sell it 24 hours a day, 7 days a week. That’s important because the cryptocurrency market never sleeps, but traders themselves have to. Bitcoin Money can keep trading even without a user monitoring it, so traders never miss out on opportunities simply because they can’t be at their computers all the time.
No Experience Required
Bitcoin Money does not require users to have any prior trading experience. The platform is designed to be equally easy to use for first-time traders and seasoned crypto day traders. An introductory tutorial explains how to use the platform when traders first sign up, and they can use the platform’s demo account to learn the ropes of Bitcoin Money without risking any money.
Profit-based Commission
Bitcoin Money only makes money when it’s earning profits for traders. That’s because the platform only charges a single fee: a 2% commission on trade profits. This commission is not applied if a trade loses money and it only applies to the profits from a trade, rather than the principal invested in a trade. So, the incentives of Bitcoin Money and its users are aligned.
Fast & Free Withdrawals
Bitcoin Money enables traders to request a withdrawal at any time, making it easy to realize profits and use them for whatever a trader wants. Withdrawals are completely free and Bitcoin Money claims to process most requests in less than 24 hours. Withdrawals can be made by credit card, debit card, or bank transfer.
Demo Trading Account
Bitcoin Money offers a demo trading account for every trader. This enables traders to take advantage of paper trading to test out the platform without risking real money. Traders can learn how to use Bitcoin Money and evaluate the platform’s performance under current market conditions. Traders can switch from demo to live trading and back at any time.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
Bitcoin Money Fees
Bitcoin Money does not charge account fees, deposit fees, withdrawal fees, or per-trade commissions. The only fee that traders will find at Bitcoin Money is a 2% commission on profits that the platform earns for them. This ensures that Bitcoin Money only makes money when traders make money.
This table shows all of the fees at Bitcoin Money:
| Account fees | None |
| Deposit/withdrawal fees | None |
| Commissions | 2% on profits |
Is Bitcoin Money a Scam?
Bitcoin Money claims to be a crypto trading platform that aims to help traders make money from volatility in the price of Bitcoin. The platform is one of several that claim to use algorithmic trading to predict price changes in Bitcoin and profit from them. Many competing platforms are also free to use and have a similar 2% commission to the one that Bitcoin Money charges.
Bitcoin Money offers testimonials from current users on its website, many of which are favorable. Third-party Bitcoin Money reviews are also positive and suggest that the platform can make money for users.
The fact that Bitcoin Money apparently has no account fees is important. Traders can use the platform’s demo account to try it out for themselves without risking real money. If traders decide that Bitcoin Money isn’t right for them for any reason, they’re free to withdraw their deposit at no cost.
We couldn’t verify all the claims made by this platform, so make sure you do your own research before signing up.
Bitcoin Money Minimum Deposit
Bitcoin Money requires a minimum deposit of $250 for all new accounts. This deposit is used as the seed money to begin trading on a user’s behalf and start compounding their profits.
Deposits can be made by credit card, debit card, or bank transfer. There are no fees and the deposit can be withdrawn at any time for free if traders decide Bitcoin Money isn’t right for them.
Bitcoin Money Reviews
Bitcoin Money offers testimonials from current users on its website. These are very positive and suggest that Bitcoin Money can be highly successful for some traders. However, keep in mind that the testimonials may be hand-picked and may not be representative of Bitcoin Money’s typical results.
That said, third-party Bitcoin Money reviews are also positive. These reviews suggest that Bitcoin Money can generate profits for users, although estimates of how much profit the platform generates can vary widely.
Bitcoin Money Customer Support
Bitcoin Money claims to provide 24/7 customer service by phone and live chat. However, there is no way to get in touch with the support team prior to registering a trading account.
How to Use Bitcoin Money
Want to start trading with Bitcoin Money? Here’s how traders can sign up for this Bitcoin platform and begin trading in just a few simple steps.
Step 1: Sign Up for Bitcoin Money
Head to Bitcoin Money’s website and locate the registration form near the top of the homepage. Enter a name, email, password, and phone number, then click ‘Register.’
Step 2: Deposit Funds
Bitcoin Money requires a minimum deposit of $250 when registering a new trading account. Traders can make a payment by credit card, debit card, or bank transfer.
Step 3: Demo Trading
Most traders will want to begin using Bitcoin Money in demo mode. Demo mode offers a chance to evaluate how the platform is performing undering current market conditions and to learn how to use Bitcoin Money effectively. Traders do not risk any real money when placing trades in demo mode.
Step 4: Live Trading
Once a trader is ready to begin placing live trades with Bitcoin Money, they can switch from demo mode to live trading using a toggle in the account dashboard. Bitcoin Money will immediately begin executing trades using funds from the trader’s account.
The Verdict
Bitcoin Money claims to be a sophisticated crypto trading platform that uses AI to earn traders profits from movements in the price of Bitcoin. The platform can trade Bitcoin 24/7 on behalf of users and enables traders to compound their gains over time. Bitcoin Money is free to use and only makes money when traders earn profits.
Want to try Bitcoin Money? We couldn’t verify all the claims made by this platform, so make sure you do your own research before signing up. If you want to learn more about the platform, you can visit the platform by clicking the button below.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.