Bitcoin Superstar is advertised as a crypto trading app designed to trade Bitcoin and other cryptocurrencies on investors’ behalf. The platform uses its own in-house algorithm to determine precise entry and exit points for trades which are then used to create sustainable automated profits – although we haven’t been able to verify those claims.

If accurate this crypto trade bot could be a good choice for beginner investors as it is a completely manual process once an account has been set up. Readers may be questioning whether the Bitcoin Superstar site is legitimate as some similar Bitcoin robots on the market have been unrelaible. This is a key point we’ll cover in this Bitcoin Superstar review, alongside everything else users need to know about this crypto robot.

Bitcoin Superstar Summary

To kick off our Bitcoin Superstar review, we compiled a summary of the key features of the platform. These include supported cryptos, withdrawal time, and minimum deposit:

Platform Type Crypto trading platform
Supported cryptocurrencies BTC
Withdrawal time 2-3 business days
Minimum deposit No minimum deposit

Cryptoassets are a highly volatile unregulated investment product.

What is Bitcoin Superstar?

Bitcoin Superstar is an algorithmic trading platform, meaning that it uses AI and algorithms to analyze price movements. From this analysis, it can work out precise entry and exit points for positions, with the aim of generating profits. This process is completely manual, which makes it great for beginner investors with no prior experience.

The platform claims to be free of charge. This means that there are no commissions, no withdrawal or deposit fees, and no ongoing subscription fee. There is also no minimum deposit, so users can start with as little capital as they see fit. Funds can be withdrawn at any time directly back to their chosen payment method and should take no longer than three business days to process.

Alongside the website, the platform claims to support a mobile trading app. It is available on both IOS and Android, making it widely accessible. If users want to test out the Bitcoin Superstar algorithm before they begin placing trades, they can do so using a demo account. This could be a good idea to use before committing real capital, as it eliminates the risk factor of trading.

Bitcoin Superstar Pros & Cons

Pros

  • Claims to offer fully autonomous trading
  • Demo account available
  • Customisable algorithm for trading
  • No minimum deposit
  • Available on mobile as well as desktop

Cons

  • No indication of past performance
  • No clear regulatory body

Cryptoassets are a highly volatile unregulated investment product.

How Does Bitcoin Superstar Work?

The platform works by employing an algorithm to place trades, as previously mentioned. The trading app uses the same algorithm to conduct trades, also claiming to be fully autonomous. The website claims that the software has been developed by trading professionals and web developers, but no individuals are listed as proof. That is common with Bitcoin robot teams as the industry is unregulated.

Users must first set up an account, and then they can select how they want to trade. This is the customizable part of the platform. From here, the platform claims to make completely autonomous trades, by analyzing markets to find the best entry and exit points. It will them use users’ funds to purchase positions at these points, and hopefully sell them for a profit later down the line. Any profits that are made are returned directly to the user’s accounts. While this sounds promising, users should note that returns are not guaranteed and that crypto markets are heavily volatile in nature, often leading to steep losses.

To get started, users must enter their name, an email, and a phone number. From here, they can start deposit funds and start trading Bitcoin. As mentioned, the AI algorithm can be fully customized to suit individual investors’ needs, which is a good point to consider.

Bitcoin Superstar Key Features

As part of our article, we have located 5 of the key features that users gain access to when trading with Bitcoin Superstar:

Zero Fees

The platform claims to be fee-free. This means that all forms of trading are completely cost-free. If this is the case, then there are no commission fees, no fixed spreads, no ongoing subscription fees, and no deposit and withdrawal fees. In addition to this, there is no minimum deposit, making the platform an all-around cheap crypto app to trade with.

Auto Trading

The platform claims to be fully automatic in its trading capability. This means that once funds are allocated, there is no need for any interference by traders unless they want to pull out their funds or change up their assets. If this is the case, then it could save users tonnes of time. This feature makes it great for beginner investors as no prior trading experience is needed.

Demo Trading Account

The platform supports a demo trading account. This can be a great tool to use when testing out trading for the first time or getting to grips with the algorithm’s trading strategies. We recommend that all users trade using a virtual account before they commit physical capital. This is because it massively reduces the risks of trading with real capital.

Wide Accessibility

Another key feature is that the platform is widely accessible. It offers a mobile app, also available on tablets, and a website platform. This means that users can trade on pretty much any gadget they have, as long as it is connected to the internet. This is a good point as it makes the platform good for beginners who might not have the most up-to-date trading technology.

Customizable Experience

A final positive is that the platform is fully customizable. After users set up an account, they can set up their platform to suit their investment needs. This is great as it would make the trading experience individual to each investor.

Bitcoin Superstar Fees

As mentioned, the platform claims to be completely free of charge. This does seem a little weird as there would therefore be no way of it making any money unless it charged large, fixed spreads. However, this information is not disclosed. If this were the case, then users would not have to worry about any of the usual broker costs which include commissions, deposit and withdrawal fees, and ongoing subscriptions. There is also no minimum deposit. We have summarised this information in the table below:

Account fees None
Deposit/withdrawal fees None
Commissions None

Is Bitcoin Superstar a Scam?

The main question we set out to answer in this article is whether or not the platform is a scam. When answering this question in general, users should consider if the broker is regulated, if it reveals its past performance, its costs, whether it has any visible founders, and its Trust Pilot reviews.

There is no telling whether the broker is regulated from looking at the website, as no information on the matter is disclosed. In addition to this, there is no indication of any performance of the platform’s software in generating returns. Both of these factors seem like red flags when considering the platform’s legitimacy.

In addition to this, Bitcoin Superstar is completely free to use, which seems weird as usually, brokers charge some kind of fee to make any money! Looking at Trust Pilot gives no additional signs of legitimacy, as there are no reviews on the company. Considering all of these points, it seems that Bitcoin Superstar is probably not the most reputable broker to trade with. As a rule of thumb, users should always check that their brokers are regulated by a top-tier governing body – which we couldn’t verify for this bot program.

Bitcoin Superstar Minimum Deposit

The website claims that there is no minimum deposit for users. However, if users want to generate real returns, then they must contribute funds to their profiles. These funds are used in order to buy and sell Bitcoin at the arranged price by the algorithm. The platform claims that once funds are deposited, they can be easily withdrawn back to bank accounts and should arrive within three to five days.

We recommend starting with a small deposit and testing out the Bitcoin Superstar withdrawal process early on. Only invest what you can afford to lose.

Bitcoin Superstar Customer Support

The platform offers customer support via an online contact form. This can be reached by navigating the ‘Contact Us’ button on the top Ribbon. Users will have to enter their full name, email address, and message. They will receive a reply via an email that aims to be delivered within 24 hours of the query being raised. Anyone can submit a query, regardless of if they possess a Bitcoin Superstar account.

How to Use Bitcoin Superstar

We have now covered all of the necessary information regarding the crypto trading platform. If users have decided they wish to set up an account, they should follow the instruction below in order to do so:

Step 1: Sign Up

To set up an account, users can visit the official Bitcoin Superstar website and fill in the registration form. They will need to enter a first and last name, and email address, and a phone number in order to complete this step. Once this has been completed, users will have successfully created their accounts.

Step 2: Start Demo Trading

We recommend that users start trading with a demo account before they start trading with real capital. This will allow them to learn how to trade properly, and also learn how the algorithm works before they commit real capital and expose themselves to real risk.

Step 3: Deposit

Once users have got comfortable trading with a demo account, they can allocate real capital to trade with. To do this, they will need to connect their bank details with the platform and transfer the amount they wish to trade with. Once the transfer is completed, users can start to buy Bitcoin through their accounts.

Step 4: Start Trading Bitcoin

Now users have set up and funded their accounts, they can begin the final setup process. Users can customize the platform to suit their investment needs before allowing the algorithm to start trading. All progress can be checked on a smartphone, tablet, or computer.

Conclusion

Bitcoin Superstar states it is a proprietary online trading platform supporting fully autonomous trading. It claims to be free of charge and has no minimum deposits. However, when we dig deeper, there is little information regarding the past returns, the founders, and the regulation of the platform.

If users do want to set up an account, we recommend setting up a virtual one first (a demo account) to test the validity of the platform before they fully expose themselves to the risk of real capital. Also see our list of the top algorithmic trading platforms – #1 on our list was a crypto exchange with 27 million users. Those are some Bitcoin Superstar alternatives.

Cryptoassets are a highly volatile unregulated investment product.

FAQs

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