Since the cryptocurrency market broke into the limelight, traders have been looking for easy ways to automate crypto investments.
Crypto trading bots are an impressive way to do this. These tools combine flexibility and ease of use. Bitcoin Buyer is one of the newer and most popular bots in the market today.
This Bitcoin Buyer review covers everything you need to know about the Bitcoin Buyer app. You'll get to know how it works, the fees charged, and whether the platform is best for you.
Bitcoin Buyer Summary Minimum Deposit $250 Claimed Success Rate 99.4% Supported Cryptocurrencies BTC Mobile App? None What Is Bitcoin Buyer?
Bitcoin Buyer is a crypto trading bot that offers an opportunity for investors to make money from cryptocurrencies.
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Bitcoin Buyer was created by Matthew McCrady - a crypto trader with years of experience speculating and making money from the market. While doing the analysis for this Bitcoin Buyer review, we couldn't find much information about McCrady. However, this shouldn't be a dealbreaker since anonymous creators develop many bitcoin robots.
Bitcoin Buyer has been operating for a few years, and its goal is to simplify the process of making money in crypto. The platform states that its service works using artificial intelligence and machine learning, analysing massive data sets and activities across the crypto market to find the right entry and exit positions for your trades.
The developers of Bitcoin Buyer have claimed that the service can handle trades with a 99.4% accuracy rate.
This is much higher than what you would get with most crypto trading bots; this suggests that the Bitcoin Buyer robot might be cut above the others. However, it is important to note that cryptocurrency trading can be very volatile, so be careful while using this bot to avoid losses.
Grandiose claims aside, Bitcoin Buyer appears to be a tool that investors and traders can leverage. Once you set the right trading parameters, the Bitcoin Buyer robot handles the rest.
Bitcoin Buyer Pros & Cons
Pros
Quick withdrawals and transactions
A demo account allows for effective testing
No hidden fees as the bots only charge a commission
Cons
There's no Bitcoin Buyer app
Bitcoin Buyer's developers are anonymous
Cryptoassets are a highly volatile unregulated investment product. No UK or EU protection. Your capital is at risk.
How Does Bitcoin Buyer Work?
As a crypto trading bot, Bitcoin Buyer focuses on convenience and reliability. The bot's entire job is to make it easy for you to trade and make money, and it does so using artificial intelligence and machine learning. Using both concepts, the bot parses through massive market data, analyses them, and finds the right entry and exit positions for traders.
The bot's developers have claimed that it can help you make money with little to no supervision, but we recommend that you stay careful as cryptocurrency trading can be very risky.
As other Bitcoin Buyer reviews show, this bot works by trading contracts for difference (CFDs). These are contracts for you, for instance, to buy Ethereum or sell the coin at a later date, meaning that you're not buying or selling the coin itself - just a derivative that tracks its price.
The Bitcoin Buyer robot is said to trade CFDs through a network of brokers. These brokers are the ones who primarily handle tasks such as trade execution and management while Bitcoin Buyer helps you to set your strategy and process your payments.
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Is Bitcoin Buyer legit?
We can't verify this. However, Bitcoin Buyer claims to works with a variety of brokers, showing its developers are concerned about legitimacy - do your own research and ensure that you trade safely.
Bitcoin Buyer Key Features
Below, we'll look into what makes the Bitcoin Buyer platform is so popular:
Advanced Trading Technology
The Bitcoin Buyer developers have spoken extensively about the platform and its use of innovative technology. They claim it uses an algorithm that is less than a second faster than the market and other trading bots. While this might seem like a small difference, it adds up and can mean a lot when trading is concerned.
The platform reportedly adjusts its in-trade management protocol as the market trends move. This way, you know when to act and even have help when you need to. With all of this, it's quite understandable that the bot's developers claim such a high success rate.
Quick Signup & Verification
Bitcoin Buyer is also especially great because it insists that it employs a very fast verification and signup process. Today, most crypto services require that you complete long anti-money laundering (AML) and know-your-customer (KYC) steps. But Bitcoin Buyer bypasses all of these, allowing you to get started as quickly as possible.
All you need to do is register by filling in your name, phone number, and Email address. Then, the bot directs you to begin accessing all of its features.
This speed also extends to the bot's payout process. Most crypto trading bots require a few business days to complete your withdrawal - especially if you're hanging a massive transaction. But Bitcoin Buyer claims to immediately process transactions, allowing its user to receive payment in a few minutes.
Many Bitcoin Buyer reviews have also heralded the bot and its impressive security infrastructure. Bitcoin Buyer states it operates on advanced level encryption standards, protecting all transactions that go through its window. This is built to safeguard your money.
It is also worth noting Bitcoin Buyer doesn't handle trades. According to the platform, these activities are instead run by its network of brokers who abide by the strict customer protection laws. This way, there's little to worry about once your funds are escrowed by the brokers.
The platform also takes seriously the issue of data protection. Since the bot only requires the investor's email and phone number, there´s little exposure in the case of a security breach compared to a platform that has access to your crypto funds.
A demo account is a critical tool that every Bitcoin Trading bot needs. They allow for proper acclimatisation and testing.
If you're looking to run a Bitcoin Buyer test for your trading strategy, you'll need to do so with the demo account. The Bitcoin Buyer demo account is said to help you get acquainted with its main platform - especially if you're a beginner. As our Bitcoin Buyer review shows, it is important first to understand how the platform works - the demo account is your gateway to understanding this.
The Bitcoin Buyer robot has a very simple fee structure that allows you to know your financial commitments to the platform. There are no hidden fees. Essentially, Bitcoin Buyer charges nothing but commissions on every successful trade.
Bitcoin Buyer Fees
Several Bitcoin Buyer reviews all allude to the platform's affordability. We provide a breakdown of its fees below:
Account Opening Fee None Trading Commissions 0.01% Account Inactivity Fee None Account Maintenance Fee None Transaction Charges None
As our Bitcoin Buyer review shows, the bot charges a 0.01% commission on every successful trade. This means that Bitcoin Buyer only makes money when you make a profit.
It is worth noting that the bot also makes money on spreads when you make a deposit. But, compared to what Bitcoin Buyer's developers claim that you can earn, this seems rather affordable.
Of course, none of this is a guarantee that you will make money. The crypto market is very volatile, and you need to be careful when trading coins.
Is Bitcoin Buyer a Scam?
With all that's been said, is Bitcoin Buyer a scam? We cannot verify if this platform is a scam or not.
However, the bot makes some grand claims, but traders who understand the market will find that Bitcoin Buyer could be a good tool to help them make money from the market.
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