BitiCodes, an automated trading robot, claims to offer significant profit-making potential.

To verify these claims, our team of crypto experts conducted thorough research, examining how BitiCodes works, its compatibility on various devices, potential profit markings, key features and fees. However, the main goal of our BitiCodes review was to determine whether this robot is legitimate or it is a complete scam.

BitiCodes Summary

The BitiCodes website provides a brief introduction to its trading platform:

🏺 Platform typeMulti-asset crypto trading
💠 Supported cryptocurrencies BTC, BCH, ETH, LTC, more
🕘 Withdrawal time Instant
💵 Minimum deposit $250

What is BitiCodes?

BitiCodes is an independent cryptocurrency trading platform, which states it can trade for the user after some simple calibration. However little third party auditing has been made available or backtesting for those yet to make a deposit, and no trial version appears to be available.

Biticodes website

Via BitiCodes website

This Bitcoin robot unlike some on the market can also trade Ethereum, Bitcoin Cash, Litecoin and more popular altcoins using its proprietary algorithms. We were unable to verify those claims as an initial deposit is required before accessing the BitiCodes platform or demo trade using it.

From the messages on the BitiCodes website there appears to be a limited number of spots available or time window to sign up, however that countdown timer could simply be a marketing gimmick.

How Does BitiCodes Work?

According to the BitiCodes site, its automated trading platform is able to make advanced trading decisions to produce a sustainable profit similar to a professional day trading.

No video tutorial or close-up screenshots seem to be available, however a message on the BitiCodes website reads:

‘BitiCodes is an automated trading software designed to ensure the best trading experience and apply the most sophisticated trading strategies.

Orders are triggered by highly precise algorithmic trading bots to strengthen your chances of making a profitable investment or trade.

BitiCodes is a powerful, innovative, and complete auto-trading software designed to catch opportunities in the market. It works by automatically placing trades in your account so that you don’t have to.’

On What Devices Can I Use BitiCodes Trader?

BitiCodes is available on any device with an internet connection and browser, so a mobile phone, tablet, laptop or desktop PC.

There is no dedicated BitiCodes app, however.

BitiCodes Pros & Cons

Pros

  • Automated trading platform for BTC and popular altcoins
  • Claimed high winrate, more than human traders
  • Instant cashouts via cryptocurrency

Cons

  • Little backtesting information
  • Requires $250 minimum deposit
  • Available for a limited time

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

BitiCodes Key Features

Our BitiCodes review team wasn’t able to verify the claims above or the following which are common across social media where BitiCodes is trending:

Fast Trading

The BitiCodes platform states it works via scalping rather than higher time frame swing trading – taking advantage of price fluctuations on the LTF chart to generate profits and automatically set a stop loss and take profit order instantly when it does execute a trade.

Claimed High Success Rate

BitiCodes purports to be the most profitable form of crypto trading bot on the market – with a success rate of 96% – although that may also be marketing language as little evidence to substantiate that is included on the basic homepage.

We could not verify those claims.

Demo Trading

BitiCodes offers a paper trading account to simulate real money trades. We’d recommend testing out the BitiCodes bot software using that before investing a large amount.

See our full guide to paper trading to learn more.

Instant Deposits & Withdrawals

Deposits and withdrawals can be made in crypto as well as fiat currency methods on the Biticodes AI platform. For crypto deposits and cashouts, the processing times are minimal, from instant to just a few minutes depending on network congestion.

BitiCodes does not store any trading funds on its website and they are instead held by the partnered broker.

To withdraw:

  • Visit the broker’s website and log into your trading account
  • Go to the wallet and select your preferred payment method
  • Enter the amount to withdraw and follow the steps on-screen
  • Once confirmed, the transaction should take up to 24 hours to process

Note that BitiCodes brokers only pay out in fiat currency and not crypto tokens.

BitiCodes Fees

Account opening fee Zero
Deposit/withdrawal fees Zero
Commission None other than an exchange’s own trading fees

BitiCodes Minimum Deposit

BitiCodes requires a minimum deposit of $250 to open a new trading account. You can make the minimum deposit using both crypto and fiat.

How Much Profit can be Made from BitiCodes?

BitiCodes has a claimed success rate of 96%, although we could not verify those claims.

Crypto trading can be lucrative but is fraught with inherent risks and losses on trades are inevitable.

Beginners should only risk capital they can afford to lose and monitor the performance of the bot daily – furthermore, leveraged trading of up to 5000:1 is also available but carries even more risk.

Investors should also note that tax on profits will be charged in many countries.

BitiCodes Customer Support

BitiCodes offers 24/7 email and phone support for registered users, according to its website. Since we didn’t deposit we were unable to verify those claims and others.

You can check out the Biti AI Codes Trustpilot page to see what other users who’ve traded with the platform have to say.

How to Use BitiCodes – Tutorial

Below is a step by step guide to getting started trading with BitiCodes:

Step 1: Sign Up

Visit the BitiCodes website and fill in the sign-up form available on screen. Adjust the mobile number country code depending on your jurisdiction.

BitiCodes

Step 2: Deposit Funds

BitiCodes users need to commit to a $250 minimum deposit to begin trading. Accounts can be funded using crypto, or via credit / debit card or bank transfer.

Step 3: Demo Trade

Make use of the demo trading version of the BitiCodes site to paper trade first for practice, before making a larger real money deposit.

Step 4: Trade

Choose a supported market – Bitcoin/USDT, BCH/BTC, etc. – using the instructions sent via email or available via the support staff. The BitiCodes robot can allegedly be set to an automated mode to scan the market itself 24/7 with little calibration required.

BitiCodes Celebrity Endorsements

As previously mentioned BitiCodes has been linked with Elon Musk and other celebrities in scam adverts on Facebook and other social media sites – these should not be trusted

Our research showed there is no connection between any ultra-net-worth individual and BitiCodes. That being said, any claims connecting Elon Musk, Jeff Bezos or Martin Lewis to BitiCodes is false.

Which Exchanges and Brokers is BitiCodes Partnered With?

BitiCodes does not disclose exactly which brokers it has partnered with, but they are regulated and licensed by CySEC (Cyprus).

Is BitiCodes a Scam?

Start with a minimum deposit and also see our reviews of other automated trading platforms if deciding to trade with BitiCodes as most bot programs are unregulated and some are outright scams.

Positive BitiCodes testimonials are listed on the website with more available after creating an account, however those may be paid / fake for advertising purposes.

We’ve also reviewed some verified trading bot tools that beat the crypto bear market with positive returns during ‘crypto winter’.

However, we were unable to verify all the claims made on the Biti AI Codes platform, including its 96% claimed win rate.

We researched social media sites such as Reddit and Twitter and found reviews were either overly positive or overly negative – the same can be said on peer review website TrustPilot, where only 5-star or 1-star reviews exist, which would appear suspect.

Furthermore, Facebook ads that carry Elon Musk (or other celebrity) endorsement are confirmed rogue and should not be trusted.

Make sure you do your own research and are well-informed before putting any money into it.

The Verdict

Despite our extensive research, our BitiCodes review was unable to validate the platform’s claims. Therefore, if you’re considering BitiCodes as your trading robot, we recommend proceeding with caution.

It’s advisable to conduct additional research on your part to ensure this robot is right for your investment strategy.

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

FAQs

Who owns BitiCodes

Is BitiCodes legitimate?

How to join BitiCodes?

Is BitiCodes safe?

Did Amazon invest in Biticodes?

Did Elon Musk or Tesla invest in BitiCodes?

Can I use BitiCodes in my country?

How to delete BitiCodes account?