Jimmy AkiBitcoin trading robots like BitQT have become increasingly popular largely due to their ability to trade on behalf of investors. These trading bots are skilled at identifying market opportunities in a manner that is almost better than humans.
In this BitQT review, we consider the crypto bot’s features and how to set it up.
BitQT Summary
From BitQT reviews online these appear to be the main features of the BitQT sofware:
| 💠 Supported Assets | 14 |
| 💥 Claimed Success Rate | 90% |
| 💵 Minimum Deposit | $250 |
| 📱 Mobile App | No |
| 🕘 Withdrawal Time | 24 hours |
What is BitQT?
BitQT is said to be a cryptocurrency auto-trading robot that aids users in trading the crypto market. Using cutting-edge technology such as artificial intelligence (AI) and machine learning (ML) models, BitQT can scan the crypto market for the most profitable trades.
The crypto trading robot is one of many sophisticated software traders use in their investment process.
Running on AI and ML software, the BitQT robot claims to scan the market in seconds and considers an asset’s technical and fundamental outputs.
This makes it easy for the Bitcoin trading bot to gain a fuller picture of a digital asset’s current market trend. Devoid of emotions and human feelings, BitQT can buy, sell, and execute trades with little human interference. It can also set market limits, including stop loss and take profit levels. Several investors turn to crypto trading bots due to their higher sense of emotional control.
In the area of profits, BitQT says its trading forecasts guarantee a 90% success rate. Our BitQT review was not able to verify this information. Another area where little information is provided is the team behind the project. The BitQT is devoid of any information on the group of individuals behind the trading bot. However, this is not unusual in the crypto trading space, given the heavy cloud of regulation floating around the nascent industry.
To shore up its credibility, BitQT says it works in collaboration with various brokers. These crypto brokers are responsible for executing the trades once a profitable market entry and exit point are identified. So, if BitTQ finds an opportunity to buy Bitcoin, the robot would send the necessary details to the broker to execute the trade.
For a platform using such sophisticated technology, BitQT is quite easy to use. This Bitcoin robot is user-friendly and properly streamlined. New users can easily navigate and find what they want without much hassle.
Furthermore, BitQT only allows users to trade crypto CFDs. CFDs stand for contract for differences (CFD). These are financial derivative products that allow users to trade the price movements of an asset without owning them. In essence, an investor agrees with a seller to buy or sell an asset for a particular price at a later date.
Investors profit from the marked differences between the purchasing price and when the contract expires. When you buy Ethereum with BitQT, you’re buying the CFD, not Ether itself.
BitQT Pros & Cons
Pros Cons
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
How Does BitQT Work?
As we mentioned earlier, BitQT scans the market for profitable trading positions and can execute buy or sell orders for digital assets on your behalf. These strategies are largely driven by preset lines of codes that allow the BitQT protocol to consider an asset’s technical and fundamental details.
Once a profitable trading opportunity is identified, the crypto trading bot sends the transaction to one of its crypto partners to execute the trades. This means you would have to signup for an account with one or more of the supported platforms. These platforms can then execute the trades based on the market data and information supplied by the BitQT app.
BitQT then monitors the trade to make sure that you turn a profit. Deploying high-frequency trading (HFT) strategies, our BitQT review discovered that some of its strategies include scalping and short-selling techniques to make quick profits from price movements. This way, an investor can easily generate passive income without much stress.
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
BitQT Key Features
It’s tedious to make a living as a cryptocurrency trader. BitQT, on the other hand, claims to have several crucial features that can help you earn more money with little effort on your part. In this BitQT review, we’ll look at a few:
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User-friendly Platform
For a sophisticated platform, BitQT is highly user-centric in its operations. This is apparent from its streamlined registration process, which only requires your email, mobile number, and password. The general platform is also easy to navigate, and you can turn to the demo account to better acclimatise its operations.
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Singular Payment Structure
BitQT requires users to make a singular deposit of $250 with no extra charges for deposits and withdrawals. This sum is used to provide liquidity for the trading bot to scan the market for profitable ideas.
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AI-Powered Framework
BitQT gives investors an edge in hitting their financial targets due to sophisticated software like AI and ML. Given the use of this automated software, BitQT can easily identify profitable trading opportunities faster than a human would. The lack of emotions also means BitQT could be objective in its trading activities. This makes it a highly efficient method of trading the crypto market.
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BitQT Fees
There is only one criterion to begin trading with BitQT: a $250 deposit. In a couple of seconds, it will appear on your account. There is no commission structure in place for this product. It is quite likely that the capital you make from all transactions with the relevant brokers will be credited to your account.
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BitQT Claimed Success Rate
One of the most appealing aspects of BitQT is the profit rate it claims to provide. In terms of numbers, it has been claimed that the platform has a 90% winning rate. Putting this into perspective means of every 1,000 trades done by the bot, 990 trades would result in gains.
However, it is contingent on a few criteria, including the size of your initial investment and whether or not you used leverage in your account. We couldn’t verify this success rate. We recommend exercising caution when trading with cryptocurrencies as all trading carries risk.
BitQT Fees
| Monthly Charges | None |
| Commissions | None |
| Monthly Account Fee | No |
| Additional Charges | No |
Is BitQT a Scam?
When they encounter this trading bot, every investor asks, ‘is BitQT a scam?’
We caution users to tread carefully while using this platform. This is because other BitQT reviews and ours have not been able to point out the development team behind the project. This leaves a lot of room for questionable conduct.
Despite its claimed high success rate, we advise caution if you intend to go forward with the platform. All trading carries risks.
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
BitQT Minimum Deposit
The minimal deposit to access the software is $250. Although you have the option of making a bigger deposit, it is recommended that you start with the smallest payment possible until you are confident that the robot reaches the profit rate. Keep in mind that you might be subjected to fees from the brokers after paying this deposit. These include trading and account management fees.
BitQT Customer Support
BitQT displays its contact information on the platform’s home page. The customer service department can be contacted via email and Skype. They claim to be one of the best in the industry to deliver exceptional customer service. Unfortunately, as we discovered throughout our BitQT reviews, one of the crypto robot’s quirks is the absence of live chat or phone assistance.
How to Use BitQT
1. Create a User Account
To get started, visit the BitQT website and fill out the form to create a free account to sign up. Make sure to double-check the information to avoid any complications later.
BitQT will automatically redirect you to a page where you must verify your identity with an affiliated broker. This procedure takes a few minutes. What is required here is a photograph and a utility bill with your current home address.
2. Fund your Account
To trade with BitQT, you will be assigned a broker to finance your trading account. The robot will then send you to the broker’s deposit page, where you may select your preferred deposit method.
The minimum deposit to begin financial operations is $250. Although you have the option of making a bigger deposit, it is recommended that you start with the smallest payment possible until you are sure that the robot reaches the profit rate. Then, when you make a deposit, the amount will appear in your account in seconds. This means you can begin trading right away.
3. Demo Account
We recommend practising with the BitQT test or demo account to understand how the platform works and how to invest in cryptocurrency.
The BitQT trading platform also has a series of trading courses and an account manager who will assist you with account creation and the initial trading steps.
4. Go Live!
BitQT needs your permission to operate by exchanging Cryptocurrency on your behalf. This can be done using your account’s management panel. The software will start trading once it has been approved. You can monitor its functioning in real-time and turn it off as needed. Also, remember to adjust your risk parameters before every trading session.
5. Withdraw your Earnings
BitQT guarantees that you will be able to withdraw funds at any time. However, you must initiate these withdrawals using the same method of payment that you used to make the deposit. For example, if you used a debit card to deposit funds into your account, your proceeds can only be withdrawn to the same card.
The Verdict
As the crypto market has grown in popularity, many investors are drawn to the prospect of generating a passive income through coins. This is why cryptocurrency trading bots are so popular. These trading robots were created to relieve traders of the burden of research by allowing you to automate your trading process and profit from the nascent financial space.
BitQT is one such trading bot. Our BitQT review has pointed out the platform’s AI and its high success rate. However, this is largely unverified, as our review has shown. If you’re ready to get started with this auto trading robot, you can click on the link below.
Crypto assets are a highly volatile unregulated investment product. Your capital is at risk.
Frequently Asked Questions on BitQT
What is BitQT?
Is BitQT legit?
How do I join BitQT?
This article was written for Business 2 Community by Jimmy Aki.
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