Bitalpha AI Review 2022 - Is it legit or a scam?

Bitalpha AI
Fact Checked
We are aware of numerous websites which use false celebrity endorsements to send customers to unregulated brokers or call centres. Our website will only send customers to partners who have provided us with the required regulatory assurances. This is a marketing offer and our regulated partners will indicate what services they have available upon registration.

If you're looking for a way to make extra money through cryptocurrency trading, you may have encountered crypto trading bots. Unfortunately, several on the market claim to be legit but are, in fact, scams.

Bitalpha AI is a crypto trading bot that claims to help traders create a passive income stream by automating the trading process using sophisticated algorithms.

Our Bitalpha AI review takes a closer look at what this robot offers so you can determine whether or not it's worth your time and investment.

Our Investigation Result: Bitalpha AI seems legitimate!

After a thorough analysis, undertaken as part of our Bitalpha AI review, we believe that Bitalpha AI is likely a legitimate crypto trading robot.

If you are interested in signing up to your free account, then register using the link below and a Bitalpha AI representative will be in touch to walk you through the process.

Bitalpha AI Summary

Minimum Deposit

$250

Fees and Commission

0.1% trade commission

Claimed Success Rate

70% 

Supported Cryptocurrencies

20+

Deposit and Withdrawal Fees

None

Trading Platform

MT4

Demo Account

Yes

Verification

Yes. KYC

Leverage

1000:1

Table of Contents

What Is Bitalpha AI?

Bitalpha AI is an automated trading platform that helps you trade cryptocurrencies. It is designed to help you make money by automating the trading of different digital coins. It is one of many robots available on the market but differs from others by offering certain features that make it worthy of consideration.

For example, Bitalpha AI claims that its trading bot is powered by artificial technology that uses a smart algorithm to profitably execute cryptocurrency trades. The platform offers customisable trading strategies and a free demo account for beginners.

Who Created Bitalpha AI?

The Bitalpha AI platform is the brainchild of a team of experienced developers and traders who came together to create the ultimate cryptocurrency trading robot. Drawing on their years of experience in the field, they created a bot to help traders profit from the volatile world of crypto trading.

How Does Bitalpha AI Work?

Bitalpha AI uses artificial intelligence (AI) to execute trades on your behalf, like many of the top crypto trading robots. It employs a sophisticated algorithm that analyses market data in real-time to identify profitable trading opportunities. The robot then executes these trades automatically, allowing you to profit from market movements.

Bitalpha AI uses contracts for differences (CFDs) which are derivatives that track the price of underlying assets to trade cryptos. These CFDs allow the bot to trade the market no matter the trend. It also allows for leverage facilities, which traders can use to magnify the results of their trades.

The Bitalpha AI trading platform is user-friendly, easy to set up, and requires no prior experience or knowledge of cryptocurrencies or trading.

1
Min. Deposit
$ 250
Promotion
User Score
4
Automated trading generates profit while you sleep
Reported returns of 200%+
Access a range of trending cryptocurrencies
Start Trading
Description:
This advanced Bitcoin robot uses AI to make trades automatically.
Payment Methods:
Credit Card, Debit Card, Wire Transfer
Full Regulations:
We are aware of numerous websites which use false celebrity endorsements to send customers to unregulated brokers or call centers. Our website will only send customers to partners who have provided us with the required regulatory assurances. This is a marketing offer and our regulated partners will indicate what services they have available upon registration.

Pros & Cons of Bitalpha AI

Pros

  • Automatic trading
  • Beginner friendly
  • Free to use
  • Quick withdrawals

Cons

  • High minimum deposit for some
  • No mobile app

5 Key Features of Bitalpha AI

User-friendly interface

Bitalpha AI has been designed with a user-friendly interface to make it easy for anyone to use. Even complete beginners will find it easy to navigate the trading platform.

24/7 customer support

If you have questions or concerns, Bitalpha AI's 24/7 customer support team is always available to help. They are reachable through email, live chat, and a contact form on the website.

Automatic Trading

Bitalpha AI uses sophisticated algorithms to automatically trade cryptocurrencies on your behalf, allowing you to benefit from the best possible returns. This means that you can trade at odd hours. This means that the Bitalpha AI program gives you 24/7 access to Bitcoin trading.

High success rate

Bitalpha AI has a high success rate, meaning you're more likely to make money with this robot than your wits, at least for beginners. While there is no official success rate, anecdotes place it around 70%.

Demo Account

Bitalpha AI offers a demo account for newbies to practice their trading strategies before being exposed to the open market. Often referred to as paper trading, demo trading allows users to gauge the bot's performance under normal market conditions.

How we rated Bitalpha AI across several performance categories

There are some things to think about before using Bitalpha AI. You should know how the robot works and the risks involved. We broke down our review of their platform and judged the tool in various performance categories.

Payouts: 5/5

Fund withdrawal payouts are processed within 24 hours. We tested our withdrawal and our funds were returned to us within 8 hours. To request a payout, fill out a withdrawal form and wait for your funds.

Security: 5/5

When signing up for your free account, you are required to verify your identity through a KYC process. You'll need a valid driver's licence or a passport photo and a recent utility bill to prove your address.

Fees: 5/5

Unlike many other trading bots, the Bitalpha AI platform does not charge fees for deposits and withdrawals. However, a 0.1% commission is levied on every trade. We also had to deposit a minimum of $250.


Account opening fee

None

Deposit/withdrawal fees

None

Commission

0.1% maker / taker fee


Customer service: 4/5

Lastly, we tried the 24/7 customer support that Bitalpha AI mentions on its website. We managed to get through to a human being each time we called. We only had to wait on hold for about 5 minutes before we got through to a customer service agent.

The agent was able to help us use the tool, and they had been well-trained on how to navigate the platform. Our query was handled successfully and with minimal hassle.

How Does Bitalpha AI Compare to Other Automated Cryptocurrency Traders?

Bitalpha AI is a relatively new entrant to the cryptocurrency trading robot space. As such, it has yet to be tested against more established players in this domain. However, what it lacks in experience, it makes up for with features.

Bitalpha AI offers a wide range of customisation options, which is not often found in competing products. For example, users can select their preferred risk level and the specific assets they would like the robot to trade. This grants traders a high degree of control over their trading experience.

Moreover, Bitalpha AI employs a unique algorithm that allows it to adapt to changing market conditions. This ensures that users always have the opportunity to make money, regardless of market conditions.

Overall, Bitalpha AI is a promising product that holds its own against more established competitors. It offers a wide range of features and customisable options, making it an attractive choice for all types of traders.

Here are a few popular other crypto trading robots which you can compare against Bitalpha AI:

  • Bitcoin Prime: This Bitcoin-specific trading platform offers users an automated approach to making profitable crypto trades

  • Oil Profit: For those looking for trading opportunities in the wider investment market, Oil Profit allows automated commodity trading.

  • Immediate Edge: For those looking to make profits from trading multiple cryptocurrencies, check out Immediate Edge

  • Quantum AI: This trading bot uses quantum computing in its algorithm.

  • 7Tesler: 7Tesler is a relatively new crypto trading bot, which is one of the more promising options on the market

Is Bitalpha AI a Legitimate Autotrader?

BitAlpha AI is a legit and reliable automated trading platform that has been on the market for over two years. The robot has a win rate of over 70% and has helped traders earn substantial profits. There are plenty of positive customer testimonials on the official Bitalpha AI website and other sites like Reddit and TrustPilot.

Is Bitalpha AI Safe?

Bitalpha AI is a new Bitcoin trading platform that has been making waves in the community. So far, it seems to be legit and effective, but as with any investment tool, there is always some risk involved. If you are thinking about using Bitalpha AI, it is important to understand the risks and rewards involved to make an informed decision.

5 Reasons to Use Bitalpha AI for Trading

Here are 5 reasons why you should consider using Bitalpha AI for your crypto trading needs:

24 Hour Withdrawals

Bitalpha AI withdrawals are processed within 24 hours of submitting a withdrawal form. Users can get their funds anytime they wish.

User Friendly

One of the biggest advantages of using Bitalpha AI is that it is extremely user-friendly. The robot can be easily operated through a simple online interface, and no prior trading experience is required to use it effectively.

Advanced Features

The robot offers a range of advanced features that can help traders maximise their profits, including risk management features and loss protection systems.

24/7 Customer Support

Bitalpha AI offers 24/7 customer support so traders can get help whenever needed. The team is available via email, live chat, and online form.

Full Automation

Bitalpha AI can run every day and execute trades without supervision. Once you set the initial parameters, the algorithm takes care of the rest, providing full automation of the trading process.

What is the Best Way to Trade With Bitalpha AI?

There is no one-size-fits-all answer to this question, as the best way to trade with BitAlpha AI will vary depending on the individual trader's goals, experience level, and risk tolerance.

However, starting with the demo account is advisable to familiarise yourself with the trading interface, indicators, algorithmic trading, risk management policies, and trading strategy.

Once you have built the discipline and confidence to face the real market, you may move to a live account. Use the automated mode to execute strategies and implement risk management protocols.

As you grow, you may implement more complex strategies that leverage indicators and more intricate algorithmic trading techniques.

Has Bitalpha AI Ever Appeared On TV?

There are various claims online that Bitalpha AI has appeared on financial TV shows or that the founding team were interviewed on national TV shows.

We reviewed these claims ourselves to see if there was any validity to them and we found that they were all false.

Dragon's Den

Dragon's Den is a popular British show where startups pitch to venture capitalists in hopes of securing funding to take their venture to the next level. Bitalpha AI did not appear on the show as claimed.

Shark Tank

Claims were also made that Bitalpha AI appeared on the US show Shark Tank. However, again, this is not true, as we found no evidence of Bitalpha AI ever appearing on the show.

1
Min. Deposit
$ 250
Promotion
User Score
4
Automated trading generates profit while you sleep
Reported returns of 200%+
Access a range of trending cryptocurrencies
Start Trading
Description:
This advanced Bitcoin robot uses AI to make trades automatically.
Payment Methods:
Credit Card, Debit Card, Wire Transfer
Full Regulations:
We are aware of numerous websites which use false celebrity endorsements to send customers to unregulated brokers or call centers. Our website will only send customers to partners who have provided us with the required regulatory assurances. This is a marketing offer and our regulated partners will indicate what services they have available upon registration.

Has Bitalpha AI Ever Been Endorsed by a Celebrity?

We also investigated whether Bitalpha AI had been endorsed by any A-list celebrities. Again, we found almost all of these claims to be unverifiable.

Nicole Kidman

Rumours arose that Nicole Kidman used Bitalpha AI to profit from the crypto market. However, our investigations show that the A-list movie star does not use Bitalpha AI to trade the crypto market.

Trevor Noah

Trevor Noah is said to have supported Bitalpha AI. However, while he has talked about cryptocurrency on The Daily Show, we could find no evidence to support this rumour.

Elon Musk

The richest man in the world and founder of forward-thinking startups like Tesla and SpaceX was said to be backing Bitalpha AI. Once again, our assessment reveals that while he is a big fan of decentralised projects, Elon Musk did not officially endorse Bitalpha AI.

5 Tips for Using Bitalpha AI Safely and Managing Risk

When it comes to cryptocurrency trading, there is always a certain level of risk involved. With that said, here are 5 tips for using Bitalpha AI safely and managing risk:

Research Before Investing

This is always important, especially for new and relatively untested investment opportunities like Bitalpha AI. Make sure you understand how the robot works, what you're risking, and what potential returns you could get.

Use a Conservative Investment Strategy

Don't put all your eggs in one basket. When trading with Bitalpha AI, start by investing a small amount of money that you can afford to lose. This will help minimise your risks while you get used to the robot's workings.

Stay Disciplined

One of the biggest dangers of trading is letting your emotions get the best of you. When things are going well, it's easy to get overexcited and invest more money than you should. When things are going poorly, it's tempting to sell off your holdings at a loss. Stay calm and rational when trading with Bitalpha AI – this will help you make better decisions overall.

Use Stop Losses

One of the most important tools for any trader is a stop loss that protects their capital in case a trade goes bad. BitAlpha AI includes built-in stop-loss features that help traders exert granular control over their risk.

Save a Percentage of Profits

Many traders, especially those starting, often develop a bad habit of reinvesting all their earnings. This is a poor trading strategy that doesn't account for mistakes. Regularly withdraw profits to ensure trading remains an overall net positive, otherwise, one bad trade can put you back in the red.

How to Use Bitalpha AI - Step-by-Step Guide

To begin using Bitalpha AI:

1. Register for an account on Bitalpha AI

The first phase of registering for an account requires an email address and a phone number. After creating the account, you’ll need to submit KYC documents like an ID and proof of address to verify your account.

2. Deposit Funds into your Account

Next, you’ll need to deposit at least $250. Bitalpha AI accepts deposits through credit cards and PayPal.

3. Decide on a trading strategy

This is where you set entry positions, exit positions, and stop losses. The entry position is where the bot enters a trade. The exit position is where the bot exits the trade when in profit, while the stop loss is where the bot closes the trade when in a loss.

4. Start Trading

Activate the automated mode to start trading according to your strategy.

Our Overall Verdict of Bitalpha AI

Overall, we found Bitalpha AI to be a legitimate and helpful tool for those looking to invest in cryptocurrencies.

The robot’s ability to trade on behalf of its users is impressive, and we didn’t find any major red flags with the program during our testing period.

While there are risks associated with investing in volatile markets like cryptocurrency, we believe that users who take the time to understand how Bitalpha AI works will likely see positive returns over time.

If you’re interested in trying out this crypto trading robot, head to their website and sign up today – you may be surprised at just how profitable it can be.

Review Methodology

We review crypto robots by aggregating various tests, reviews, and testimonies across the web, allowing us to give you a balanced view that accounts for multiple perspectives. Check out our why trust us and how we test pages for more information on our testing process.

We are aware that the internet is full of false testimonies: there are several purported trading robots out there that are, in fact, scams. For this reason, we find it important to compare information from across the internet in our Bitalpha AI review.

Frequently Asked Questions

Is Bitalpha AI a scam?

No, Bitalpha AI is not a scam. It is a legitimate cryptocurrency trading bot.

Is Bitalpha AI a good investment?

Bitalpha AI has a lot of promising features. However, the anonymity of its founders is a concern for some. Users are advised to proceed with caution.

How do I sign up for Bitalpha AI?

Signing up for Bitalpha AI is as simple as visiting their website and filling out the registration form.

What is the cost of Bitalpha AI?

Bitalpha AI is completely free to use. However, there is a 0.1% commission on trades

What profit should I expect from Bitalpha AI?

A $250 deposit can make you $1000s in a few months, however, this is not guaranteed.

Disclaimer: All testimonial photos are stock imagery and do not represent the people behind the feedback.