Bitcoin Code Review 2024 - Is it Legit or a Scam?

Our Investigation Result: Bitcoin Code Seems Legitimate!

After extensive investigations, we can say that Bitcoin Code is a legitimate crypto trading platform.

If you want to set up your free Bitcoin Code account, use the link below and an account manager will walk you through the simple steps to signing up.

Bitcoin Code Summary

What is Bitcoin Code?

Bitcoin Code is a crypto trading bot that executes trades on behalf of its users, helping to simplify the trading experience.

It runs on an AI algorithm that tracks market prices and spots opportunities to buy low and sell high or vice versa profitably. Bitcoin Code states that it supports a number of cryptocurrencies, including Bitcoin, Ethereum, Bitcoin Cash, XRP, and others.

Claiming to be one of the leading and most reliable cryptocurrency trading bots available, it offers affordable, convenient, and user-friendly crypto trading services.

The main goal of a trading bot is to use artificial intelligence to analyse the market and create profitable signals so that traders don’t spend considerable amounts of time carrying out analysis, and can execute trades even when they sleep.

The Bitcoin Code platform promises a success rate of 99.4%, a high rate even among trading robots, and a 0.01-second execution speed.

All the features on Bitcoin Code are, apparently, free. The only requirement is that you’re asked to invest $250 minimum deposit when you first sign up.

Who Created Bitcoin Code?

As with many crypto trading bots, Bitcoin Code has decided to forgo revealing the team behind the platform. As a result, not much is known about the bot’s creators, which may be a deterring factor for some traders.

Its lack of a social media presence is also noted, which is surprising given that many crypto platforms use social media to update their followers on any business news. As a result, no transparency on Bitcoin Code’s team could, potentially, stop investors from parting with their money.

How Does Bitcoin Code Work?

Bitcoin Code reads market data, analyses the relationships between variables like price and volume, and uses artificial intelligence and machine learning algorithms to mark out optimal buy and sell points.

Some of the cryptocurrencies the bot monitors are: Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, Bitcoin SV, Tether, and EOS.

The software then executes trades on behalf of the traders, meaning they don’t have to spend hours monitoring the market.

To help you achieve this, the robot comes with two major modes: manual and automated.

The manual mode analyses the market, but does not trade. Instead, it sends signals when it spots good opportunities. The automated mode, however, carries out analyses and executes trades on behalf of its users.

The platform interface is designed to be user-friendly and easy to navigate, so even newbies can use it. Any funds or profits are sent back to the investor’s account and used for the next trade.

Key Features of Bitcoin Code

User Friendly

Bitcoin Code was built with both expert and newbie traders in mind. The intuitive user interface is easy enough for novices to use while still providing custom settings for advanced traders to deploy trading strategies.

Multi-Crypto Support

Bitcoin Code supports more than eight cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin SV (BSV), Tether (USDT), and EOS.

Customer Support

Bitcoin Code support agents are available 24/7 via live chat and email; however, this only applies to active accounts.

High Success Rate

Bitcoin Code claims a 99.4% success rate, one of the highest among its peers. Note that this claim has not been extensively tested and should not be taken as a guarantee.

Payment Methods on Bitcoin Code

Bitcoin Code’s payment methods are not as flexible as some of its counterparts. Nevertheless, it accepts deposits in major fiat currencies like USD, GBP, and EUR through payment channels such as credit and debit cards, and the electronic wallet Neteller.

The Verification Process

Bitcoin Code’s verification process can be completed within a few minutes so you can get started with the bot quickly. All that will be needed is a government-issued ID, such as a driver’s license or international passport.

As for payment method verification, you might also be required to provide details of charges made to your bank account, credit, or debit card as proof of authorised access.

When you’ve submitted your verification details, most users can proceed within a few hours and be able to access the full functionality of their bot account. A major benefit of account verification to both the user and the broker is to protect the integrity of users and everyone on the platforms.

Demo Trading Mode

Bitcoin Code provides a demo trading mode that allows users to trade actual market conditions without risking real cash.

This mode creates an environment for traders to test new strategies, build skills and discipline, and get familiar with the market without worrying about losing funds to mistakes common to the learning process.

Factors to Consider Before Using Bitcoin Code

We’ve reviewed some of Bitcoin Code’s key features, and we’ve awarded a score to each of the key factors you should consider before making a decision.

No Fees or Hidden Charges: 5/5

One of the best things about the Bitcoin Code trading platform is that it doesn’t charge any fee from traders and there are no hidden commissions for using the bot or making transactions. Everything you deposit and earn is completely yours.

High Success Rate: 4.5/5

Although there are other crypto bots on the market, Bitcoin Code is reported to be one of the most accurate trading platforms for amateurs and professional traders alike. The website claims that inexperienced traders can also earn money as the robot does the trading on their behalf.

Web Platform: 4/5

Bitcoin Code isn’t a piece of software or an application. Instead, it’s a web platform, meaning you can access your account from any device using a browser if you have an internet connection. It works on all devices including PCs and smartphones.

Choice in Cryptocurrencies: 5/5

Bitcoin is the most popular currency on the platform, but other prominent digital currencies are available including Ripple’s XRP, Ethereum, Bitcoin Cash, Litecoin, Dash, and more. You can also use it for fiat currency trading.

User-Friendly Interface: 4.5/5

It makes it quite easy for beginners to start trading with its intuitive and user-friendly UI and UX. Setting up your account is a quick process and all you need to do is specify the trading criteria to start earning money.

Easy Withdrawals & Deposits: 4/5

It’s quick and easy to deposit and withdraw your funds. The service accepts a variety of bank cards as well as electronic wallets such as Neteller. You can withdraw your money within 24 hours by submitting a form.

Practice with a Demo Account: 4.5/5

If you’re new to bitcoin trading, you can use the demo account to learn the ins and outs of cryptocurrency markets. The demo account can also be used for testing and evaluating a range of different trading strategies before you invest your real money.

Low Minimum Deposit: 4/5

To set up your account, you only need to deposit a sum of $250 which acts as your trading capital. However, you don’t need to stake all of your money to start trading. You can put up as little as $25 for each trade.

24/7 Customer Service: 4.5/5

This trading bot has professional and experienced customer care staff that help traders navigate the platform, answer questions, and address their concerns. Moreover, you can reach out to a customer services representative at any time of the day.

Bitcoin Code Markets, Assets, and Options

What Assets Can You Trade Using Bitcoin Code?

Bitcoin Code supports eight major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), EOS, USDT, Bitcoin Cash (BCH), and Dash (DASH).

Using a financial derivative called Contracts for Differences (CFDs), the bot can trade several crypto pairs by combining them with major fiat currencies like USD, GBP, and EUR as well as BTC and ETH.

These combinations allow Bitcoin Code to offer over 60 CFD pairs that can be traded both ways i.e. long and short. However, the bot does not trade the underlying cryptos directly.

What Leverage Trading Options Are There with Bitcoin Code?

Reports say that Bitcoin Code offers its users a 1,000:1 leverage facility. This means that traders can borrow up to 1,000x their capital to make trades. This ratio is far within the industry average and is suitable for traders. However, beginners still need to exercise caution.

What Are the Spreads on Bitcoin Code?

Bitcoin Code does not state its spread directly on its website, however, reports suggest that it is quite low, given that the service charges a 2% commission on profits.

Which Devices Can Access Bitcoin Code?

Bitcoin Code is available for most modern devices, provided they have a browser and a strong internet connection.

• Desktops/laptops: Desktops are the ideal devices to access Bitcoin Code’s account dashboard. You can create and execute strategies, monitor trades, and use all the features that the bot has to offer.
• Mobile phones: Phones with a good browser and an internet connection can also access the Bitcoin Code dashboard. However, this device is ideal for monitoring and managing trades as the experience may not be as robust as on a desktop.

How Does Bitcoin Code Compare to Other Automated Cryptocurrency Traders?

Bitcoin Code is just one player in the field of AI-powered automated trading, with investors claiming it has a focused interface compared to robots including Immediate Edge, Chainwizard AI and Immediate Momentum.

Bitcoin Code is arguably one of the best “built for Bitcoin” robots out there.

Various other companies provide similar functionality with minor differences. Here are a few examples of such choices:

1. Qumas AI: Tailored for frequent short-term trades, this bot is particularly well-suited for active day traders.
2. 7Teslar: Geared towards newcomers, this bot strives to simplify trading through a highly automated approach.
3. Oil Profit: With a focus on trading commodity CFDs such as oil, this bot expands beyond cryptocurrencies.
4. Quantum AI: This bot aims to enhance prediction accuracy by distinguishing itself from machine learning models.

Is Bitcoin Code a Legitimate Autotrader?

The bot makes many claims which may sound too good to be true to many sceptics.

However, Bitcoin Code seems to have a proven track record according to the testimonials posted by its users. The presence of round-the-clock customer service means any trader who has questions or is facing any difficulty can reach out to a customer rep and get their concerns addressed.

This also speaks to the legitimacy of the auto-trading bot. Moreover, testimonials and video reviews on the internet that seem to be genuine are mostly positive.

Is Bitcoin Code Safe?

Bitcoin Code uses SSL-encrypted certificates on its web platform to secure user data. From our research, we have found any widespread reports of data breaches. Furthermore, the bot requires every user to pass Know Your Customer (KYC) requirements before creating accounts.

5 Reasons to Use Bitcoin Code for Trading

Higher Probability of Earning Profits

Bitcoin Code has a higher claimed rate of success compared to some other crypto trading bots, which could translate to a higher chance of earning with this robot.

Intuitive & User-Friendly Interface

The bot has a mild learning curve so even non-tech-savvy people can familiarise themselves with the ins and outs of the interface.

Quick Withdrawals

With Bitcoin Code, all you need to do is fill out a withdrawal form and your broker will process it and send the payment within 24 hours.

Automated Trading

Using the automated trading mode, crypto traders can potentially start earning profits after setting up their trading preferences.

Regulated Brokers

To our satisfaction, all of the referred brokers were compliant with regulations and best practices. That said, you should always take the time to check the regulatory status of the broker that you are referred to.

Best Way to Trade with Bitcoin Code

The best way to get into trading is to start with the demo mode. It allows you to become familiar with the UI and how the algorithm works without putting your money at risk.

As a new trader, it’s better to use the automated trading mode. It will only ask you for your preferences and trading criteria and all the other operational tasks such as technical analysis and order execution will be done automatically.

Also, never forget to specify your stop loss and take profit limits, helping you manage your risk.

Bitcoin Code Trading Strategies and Algorithms

Automated Trading

In auto mode, Bitcoin Code trades round the clock. Traders can trade alongside institutions from different parts of the world and execute strategies even while they sleep. All you need to do is set your parameters and the bot does the rest.

News and Trends

Thanks to its sub-second order execution speed, Bitcoin Code can trade important news events known to cause massive price swings. The bot’s algorithm can ride waves as they begin to pick up momentum.

Arbitrage Trading

Bitcoin Code can be programmed for crypto arbitrage trading to scan the prices of supported crypto across various exchanges and take advantage of price discrepancies.

Has Bitcoin Code Ever Appeared on TV?

Bitcoin Code has been the subject of many rumours over the years. The most prominent seems to be the one where it’s claimed the developers pitched the idea of an automated trading bot on famous investment shows in the US and the UK.

We’ve tried to find if there’s any semblance of truth to these claims.

Dragons’ Den

Although similar trading software has been pitched on Dragons’ Den, they were far different from the algorithm coded by the Bitcoin Code team who were never on the show.

Shark Tank

Similar claims have been made about Bitcoin Code being featured on the US investment show called Shark Tank. However, our research shows that there’s no evidence to back that claim. Not a single episode of Shark Tank features the developers pitching their product.

Has Bitcoin Code Ever Been Endorsed by a Celebrity?

Bill Gates

While the founder of Microsoft has often backed Bitcoin and cryptocurrencies, there’s no evidence of any interview or session where he specifically mentioned this trading bot.

Elon Musk

The eccentric founder of Tesla and SpaceX was said to be behind the trading bot, but our research once again demonstrates that while being a big fan of decentralisation and democratisation of currency, Elon Musk has never explicitly endorsed this trading system.

Peter Jones

Claims that the technology guru and one of the dragons on Dragons’ Den, who has funded many businesses over the years, endorsed Bitcoin Code surfaced, but it was easy to find out that there is no evidence to suggest that claim is true.

Tips for Using Bitcoin Code Safely and Managing Risk

Regardless of how great an algorithm is, always keep in mind there is never 100% guaranteed success when it comes to crypto trading. This is why it’s a good idea to exercise due diligence to minimise your risk exposure and maximise your profitability.

Here are a few pointers which can be helpful to you.

Don’t Invest More Than You Can Afford to Lose

Once amateur Bitcoin traders start seeing returns, they often make the mistake of trading all of their money. That’s a poor investment strategy. Remember, there’s no certainty that the bot will yield similar results in the future even if its historical performance has been flawless.

Start with a Small Working Capital

Even if you have enough disposable income, it’s never a great idea to go all in. Instead, familiarise yourself with market dynamics and how the software works to ensure you’re getting the optimal return on your investment.

Always start with a small amount of money and gradually increase your working capital as you rack up profits. This will result in organic growth without putting yourself at too great a financial risk.

Don’t Invest All the Profits

When you are earning great returns, it’s tempting to reinvest all of your profits. Keep in mind that investment is all about making rational decisions not relying on your emotions.

Depending on your investment strategy, set aside a certain percentage of your profits as savings and use the remainder to grow your working capital. This strategy will ensure that you aren’t putting everything at risk.

Keep a Record of Your Financials

Many traders make the mistake of not maintaining proper records of their Bitcoin trading, which can lead to legal issues.

Having a record means you always have access to factual information whenever you need it. It can also help you determine your tax liability on the capital gains that you’ve earned through the cryptocurrency trading process.

Listen to Cryptocurrency Experts

If you’re unsure about what strategy to follow, it’s a good idea to rely on experts’ advice.

Professional traders who have had years of experience in trading cryptocurrencies and other assets usually have the insight to make accurate predictions and suggest strategies that are more likely to work out. With experts’ recommendations, you can also learn risk management.

What is the Success Rate of Bitcoin Code?

Bitcoin Code has a claimed success rate of 99.4%, one of the highest among crypto trading bots. However, these claims are not guaranteed and tend to be the upper boundaries rather than average values.

Also, the bot’s profitability depends on prevailing market conditions and the quality of the executed trading strategy. Usually, traders provide parameters the bot works with, like acceptable risk and desired entry points.

Nonetheless, the bot is profitable enough to generate consistent profits.

Can I Use Bitcoin Code in My Country?

How to Use Bitcoin Code: A Step-by-Step Guide

To begin using Bitcoin Code here are some the steps to follow:

1. Register for an Account

Register for an account using an email address and phone number. You’ll also need to provide some personal information such as your name, and age in some cases. Next, you’ll need to submit KYC documents such as an ID card and proof of address, which can be a utility bill.

2. Choose a Broker

After creating an account you’ll need to choose a crypto broker. Bitcoin Code partners with regulated brokers around the world to deliver their services to clients in different geographical regions.

You may be required to repeat the signup process for the broker. You may also be required to provide a source of funds document. If that’s the case, a bank statement should be sufficient enough.

3. Develop a Trading Strategy

A trading strategy is a set of directives that a bot follows to execute trades. The bot adapts its analysis to the strategy so you need to ensure your strategy is solid. You can do this by testing it in a demo account first.

To keep things simple, set an entry price, exit price, and stop loss price.

4. Make a Deposit

Bitcoin Code’s minimum deposit is $250. Funding usually occurs on the broker as the bot does not keep your funds. Ensure that the broker’s deposit methods and limits are favourable when signing up.

5. Set up Automatic Trading

Once your trading strategy is set and your account is funded, you can begin trading. If you’re a newbie, you might find sticking to the automated mode suits you to start with. For advanced traders, you can use the manual mode, giving you control over your trades.

Bitcoin Code Review - Final Thoughts

Bitcoin Code is a trading bot that relies on an AI algorithm to accurately predict price action and execute profitable trades.

With features like zero commissions and fees, an intuitive user interface, easy signup, quick verification, and automated trading, Bitcoin Code makes for a promising crypto trading bot, according to the testimonials of its users online.

However, never let the strengths of a trading bot lure you into a false sense of security. All types of trading, especially cryptocurrency trading, can be highly volatile and are subject to factors that are out of anyone’s control.

Keep in mind that its 99.4% success rate is not guaranteed. Despite its high success rate, you can still suffer losses, so exercise caution and never invest all of your savings.

Bitcoin Code 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 Bitcoin Code review.