so, is this crypto trade platform worth your time ? In our Bitcoin Prime review, we ’ ll cover everything you need to know about trade with a crypto automaton in 2022 and reveal whether we were able to verify the gallant claims made by the chopine .
Bitcoin Prime Summary
Let ’ s start off our Bitcoin Prime review with a quick summation of everything you need to know about this crypto automaton :
| Supported Crypto CFDs | 75 BTC CFD pairs |
| Claimed Success Rate | 90 % |
| Fees and Commissions | 2 % on profitable accounts only |
| Minimum Deposit | $ 250 |
| Mobile App | No |
| Withdrawal Time | 24 hours |
| Demo Account | Yes |
| Withdrawal fees | up to 10 dislodge withdrawals per calendar calendar month . |
What is Bitcoin Prime?
Are you looking to buy cryptocurrency passively ? Bitcoin Prime is a crypto automaton. It ’ s a trade service that mechanically monitors the cryptocurrency markets for deal opportunities. When it finds potentially profitable setups, Bitcoin Prime places a trade on your behalf. According to the web site, up to 90 % of the trades that Bitcoin Prime places are closed for a profit in optimum market conditions .
The success of Bitcoin Prime is subject on its AI algorithm, which is able of spotting price patterns and acting on them. While Bitcoin Prime doesn ’ metric ton reveal the details of its algorithm, it looks for many of the tested and true technical patterns that traders around the universe trust on to make money .
Bitcoin Prime is completely free to use. All you need to get started is a $ 250 initial deposit. The platform makes money by charging a 2 % deputation on profitable accounts. Until your trade report makes money, however, you won ’ deoxythymidine monophosphate give any mission .
Bitcoin Prime Pros & Cons
Pros
- Trades 14 different cryptocurrencies
- Only profitable accounts pay a commission
- Partners with third-party brokers to execute leveraged CFD trades
- Reviews from current and past users
- Provides a demo account
Cons
- Doesn’t offer a mobile app
- Requires a $250 initial deposit
- Only supports CFD trading
Set Up Bitcoin Prime Account
Cryptoassets are a highly volatile unregulated investment product. No UK or EU protection. Your capital is at risk.
How Does Bitcoin Prime Work?
Bitcoin Prime works by tracking monetary value movements in 14 different cryptocurrencies : Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Bitcoin Gold, ZCash, Dash, Ethereum Classic, Cardano, IOTA, EOS, NEO, Binance Coin, and Ripple. so, there ’ s a decent sum of popular cryptocurrencies that Bitcoin Prime claims to be able to successfully trade .
When the algorithm spots a price pattern that it recognizes, it will trigger a trade. Bitcoin Prime will enter an rate to your brokerage account, and then monitor the craft as it develops. When it ’ sulfur time to exit the military position, Bitcoin Prime will give the decree to do so and all funds – including any profits – will be returned to your explanation ( less a 2 % commission for profitable accounts ) .
Bitcoin Prime claims to trade 24 hours a day, 7 days a workweek .
One of the nice things about Bitcoin Prime is that it provides enough of educational resources equally well as a demonstration account so you can learn how the algorithm works. While there ’ s not much workplace required to trade with Bitcoin Prime, you will need to optimize the algorithm ’ s parameters to be successful in different market conditions .
importantly, your funds are stored with a third-party broke. Bitcoin Prime can issue orders to execute trades using the funds in your account, but it can not access your funds directly. This could provide a degree of safety when using this service, since entirely you have access to your money. You can withdraw your funds at any clock time and get paid out within a few hours .
If you ’ re on the hound for a popular Bitcoin automaton, why not read our in-depth Bitcoin Profit review angstrom good .
Bitcoin Prime Key Features
Let ’ s take a look at some of the features that make Bitcoin Prime stand out from other Bitcoin robots :
Supports Bitcoin CFDs
As one of the best Bitcoin robots, Bitcoin Prime lets you gain exposure to the volatile crypto market via BTC CFDs. These include both crypto crosses and currency crosses .
It’s important to note that with the Bitcoin Prime App you will be speculating on the price movements of popular cryptos via CFDs. This means that you will not own the underlying assets but alternatively will be trading contracts for dispute .
The crypto automaton trades many of these cryptos as CFDs against a scope of early cryptos or decree currencies. In all, Bitcoin Prime can trade more than 75 crypto-crypto and crypto-fiat CFD pair .
This wide excerpt of trading pairs is authoritative because it creates more opportunities for trade. Every crypto-crypto and crypto-fiat trade copulate experiences singular price movements and has varying levels of volatility. thus, even when the market is relatively slow, Bitcoin Prime should be able to identify and execute trades .
Deep Learning Algorithm
Bitcoin Prime says that it ’ s twist AI algorithm uses trench learn to constantly improve its trade success. The algorithm learns from both successful trades and trades that turn a loss so that it can trade more systematically and productively in the future .
According to the Bitcoin Prime web site, the algorithm has achieved a success rate of up to 90 % in most grocery store conditions .
Demo Trading Mode
Bitcoin Prime offers a show trade manner in addition to live trading. In fact, you can easily switch back and forth between show and populate trade at any clock using a interchange in your on-line account dashboard .
demonstration trading is important because it gives you an opportunity to test out different parameters for Bitcoin Prime ’ s algorithm. For example, if the algorithm is yielding a success pace of alone 70 % on a given day, you can switch to demo mode, modify some of the parameters, and see what it takes to push the win pace close to 90 %. once you ’ re satisfy with the algorithm ’ sulfur operation, you can switch back to live trade .
According to Bitcoin Prime, it typically only takes around 30 minutes of show trade to identify the best algorithm parameters for any market conditions .
News Trading
Bitcoin Prime ’ s trading algorithm besides claims to monitor market newsworthiness feeds to stay one step ahead of the marketplace. The platform looks for news that could significantly impact the price of any cryptocurrency or decree currentness and then issues trades around that news.
Read more: ‘Final Fantasy’ Creator Square Enix Is Getting Serious About NFTs, Crypto Games – Decrypt
News-based trades can be very successful since Bitcoin Prime ’ s algorithm is able to react faster than most human traders .
Broker Partners
ever wondered if there was another way to gain exposure to the crypto commercialize without going through a crypto rally ? Bitcoin Prime works with third-party brokers to hold the funds in your report and execute trades. According to the locate, available broke partners offer the 75+ CFDs that Bitcoin Prime trades and don ’ thyroxine charge excessive deal fees. When you sign up for Bitcoin Prime, you will automatically be assigned one of several spouse brokers based on your localization .
Bitcoin Prime Price & Fees
Bitcoin Prime is exempt to get started with. The platform charges a 2 % deputation on trades for profitable accounts lone. If your score has so far to make money, Bitcoin Prime won ’ thymine charge any commission .
The chopine doesn ’ t charge sediment fees and there are no withdrawal fees for your first 10 withdrawals each month. After the tenth secession, Bitcoin Prime charges a 0.1 % transaction tip per secession .
note that your broker may have extra fees for deposits, withdrawals, or trade. These fees are set by your agent and are not charged by Bitcoin Prime .
here ’ s a summation of all the fees our Bitcoin Prime review turned up :
| Trading Fees | 2 % ( profitable accounts only ) |
| Account Fees | none |
| Deposit/Withdrawal Fees | 10 complimentary withdrawals per month, then 1 % |
| Minimum Deposit | $ 250 |
Is Bitcoin Prime a Scam?
One of the cardinal questions we wanted to address with our Bitcoin Prime inspection is, is Bitcoin Prime a victimize ?
Bitcoin Prime ’ s unverified gain rate of 90 % is in pipeline with what alike cryptocurrency trade robots have achieved. however, we were not able to independently verify the claims made by the bitcoin trade platform. please keep in judgment that all trade and crypto investments come with risks and potential losses. merely invest capital that you can afford to lose .
The chopine is well-reviewed on sites like TrustPilot in summation to testimonials offered by Bitcoin Prime itself, but we strongly recommend to do your inquiry and weigh up the potential risks before signing up and depositing money into the platform .
Bitcoin Prime Minimum Deposit
Bitcoin Prime requires a minimal deposit of $ 250 in regulate to get started. This money is the seed money you need to open a brokerage house history. It ’ randomness besides the money that Bitcoin Prime ’ mho algorithm will use to begin growing your account .
You can withdraw your initial depository to Bitcoin Prime at any clock time with no penalties if you ’ re not satisfied with the platform .
Bitcoin Prime Customer Support
Bitcoin Prime enables you to get in touch by electronic mail at any time. once you sign up, you will be assigned a give account coach who will walk you through how to use the software. Your account director is a valuable resource for learning how to modify Bitcoin Prime ’ s parameters to optimize the algorithm .
If you ’ re enjoying this Bitcoin Prime review, you could besides check out our NFT Profit recapitulation, and our Bitcoin Evolution review .
Bitcoin Prime Trading Platform
According to the Bitcoin Prime web site, it claims to offer a potent and intuitive trade platform with a user-friendly purpose. It ’ s available on both desktop and mobile so you can use it on a device of your choose, whether than be a personal computer, iPhone, Android mobile, or tablet .
Bitcoin Prime besides says it ’ s trading platform is integrated with MetaTrader 4 ( MT4 ). MT4 is one of the populace ’ s most democratic deal platforms and provides a huge align of technical analysis tools .
How to Use Bitcoin Prime
ready to get started with Bitcoin Prime ? We ’ ll display you how you can sign up and start trade in barely a few comfortable steps :
Step 1: Sign Up for Bitcoin Prime
The first gear step to using Bitcoin Prime is to sign up. head to Bitcoin Prime ’ s web site and chink ‘ Sign Up. ’ then insert your identify, e-mail address, and earphone number to register .
open Bitcoin Prime Account
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
Bitcoin Prime will mechanically assign you to one of its partner brokers. You ’ ll need to submit a replicate of your driver ’ s license or recommendation to verify your identity and complete your brokerage report setup .
Step 2: Deposit Funds
once your accounts are set up, you must make an initial deposit of at least $ 250. accept payment methods vary by broke, but most of Bitcoin Prime ’ s partners accept debit cards, credit cards, and bank transfers .
Step 3: Optimize Bitcoin Prime
Your fresh Bitcoin Prime explanation is set to demo mode by default option when you first log in. This is your prospect to learn how the software works and play about with the algorithm parameters. According to Bitcoin Prime, optimizing the software lone takes around 30 minutes for most users .
Step 4: Start Live Trading
once you ’ re glad with how Bitcoin Prime is performing in demonstration modality, you can activate live deal. now, Bitcoin Prime will deliver orders to your brokerage for alive execution using the money in your trade account. Remember, however, that we couldn ’ thyroxine identical the claims made by Bitcoin Prime, so there ’ s a risk of losing money .
The Verdict
Bitcoin Prime is a crypto trade automaton that claims to be capable of 24/7 automated trade in 14 different crypto markets. According to the site itself, the software uses bass learn to constantly improve its deal performance. There are no score fees for using Bitcoin Prime, but profitable traders will pay a 2 % commission in central for the platform ’ south aid .
ready to give Bitcoin Prime a judge for yourself ? If you want to sign up today to see how it can support your crypto trade scheme, you can click the connect below to visit the Bitcoin Prime web site .
open Bitcoin Prime Account
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.
Frequently Asked Questions on Bitcoin Prime
What is Bitcoin Prime?
Bitcoin Prime is a crypto trade automaton. It places BTC CFD crypto trades automatically on your behalf 24/7 using a sophisticated algorithm. Bitcoin Prime lets you speculate on more than 75 BTC CFDs. These include crypto crosses and currentness crosses. You ’ ll besides have access to a show bill, which means you can commit and experiment with the crypto automaton before you invest real capital .
How legit is Bitcoin Prime?
According to the web site many users have already signed up to and are using the Bitcoin Prime crypto automaton. In addition, the reviews from current users are by and large positive .
How do I use Bitcoin Prime?
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You can get started with Bitcoin Prime just by signing up today. You ’ ll besides need to create a trading account with one of Bitcoin Prime ’ s collaborator brokers. The chopine requires a minimum deposit of $ 250 to start trade .
Has Elon Musk invested in Bitcoin Prime?
While there have been rumors of Elon Musk investing in Bitcoin Prime, these appear to be false .
