Bitcoin Motion is a crypto trading bot that helps traders execute buy and sell orders automatically. It runs on an AI-powered algorithm that allows it to ingest market data, analyse it, and make trading decisions without human intervention.
Trading robots are fast becoming a popular way for traders to leverage technology to increase their profitability. Thousands of people worldwide already use them to execute their trades.
This Bitcoin Motion review takes a closer look at the bot, how it works, its pros and cons, factors to consider before signing up, and whether or not it is a scam.
Fees and Commission
0.01% trade commission
Claimed Success Rate
Deposit and Withdrawal Fees
Bitcoin Motion is a cryptocurrency robot that trades on behalf of its users. It relies on a complex AI algorithm that processes vast amounts of market data, uncovers relationships between various components of the data like price and volume, spots recurring patterns, and gains insights.
This insight usually comes as signals that indicate the reversal or continuation of the current market trend. It then uses this information to execute profitable trades. While a human can do everything listed above, bots do it at astronomical speeds and can sift through far data far more efficiently.
This is why the Bitcoin Motion trading software has been gaining popularity among newbies and seasoned traders. It can automate most of the trading process and generate profit with little oversight.
Not much is known about Bitcoin Motion’s developer(s), and while that may impact trustworthiness, the bot’s claimed performance has drawn people to it regardless.
So far, there have not been widespread reports of capital loss or an inability to access deposited funds. Also, because the bot works with certified brokers, users rest safe knowing their funds are in their brokerage accounts.
Nevertheless, the development team seems to still be at work in the background as the bot’s adaptability to changing market conditions infers that it is regularly updated.
Bitcoin Motion takes in live price feeds from various exchanges simultaneously, It also obtains other types of variables from other sources like investor sentiment from social media. It then compares the prices, establishes relationships between them and other data points like market sentiments and interest rates, and discovers strong correlations and patterns.
The bot spots which variables are closely tied and how they behave during periods of volatility. When a certain variable moves, the bot then predicts how the other variables tied to it will move. For example, if Bitcoin’s price and volume are positively correlated, i.e an increase in volume equals a price increase, when volume moves up, the bot will predict that price will also move up and buy Bitcoin.
Traders have the choice of two modes with Bitcoin Motion, manual and automatic. The manual mode gives you granular control over your trades while the automatic mode relies on the bot’s analysis.
Newbies usually opt for the automatic mode while more seasoned trades use the manual mode. To begin using the bot, you’ll need to input a trading strategy, which is a set of parameters or directives that the bot follows.
Bitcoin Motion supports more than 10 cryptocurrencies, some of which include Bitcoin (BTC), Ethereum (ETH), Bitcoin (LTC), Ripple (XRP), Bitcoin Cash (BCH), Cardano (ADA), and Shina Inu (SHIB).
Multiple cryptos open the door to multiple profit opportunities.
Bitcoin Motion’s user interface makes it easy for newbies to get around the platform and get started with the bot. It usually takes a few days for newbies to get acclimated with the trading software, but they’re usually able to get a grasp of it pretty quickly.
Customer support on Bitcoin Motion is 24/7. Their team is on standby ready to help with account issues or other enquiries via live chat.
Bitcoin Motion’s manual mode is customisable. You can adjust the ideal market conditions already programmed into the bot, you can adjust the relationships between variables, entry and exit points, stop losses, and other parameters.
A high rate of success is an important feature of trading bots, especially for newbies as they rely on the bot’s analysis to make profits. At 92%, Bitcoin Motion’s success rate is higher than most.
Bitcoin Motion follows a comprehensive verification process, with basic details like the full name, phone number and email address gathered at the point of registration. Thereafter, the user is asked to pass through a phone call verification process, before an account is created on an appropriate broker site, on their behalf.
This phone call verification normally happens within 30 min. of the initial registration. Once the user is done with the phone call verification, they are redirected to the brokerage platform where they must fulfil the broker’s KYC verification requirements. This may include upload of a government-issued ID card, a valid address proof and in some cases a picture holding these documents as well.
There are no costs or hidden fees associated with Bitcoin Motion’s usage. The software users aren’t charged any commission or trading fees either. All that is required is an initial minimum deposit of € 250 which works as your starting-out capital.
Bitcoin Motion claims to work with fully regulated brokers that are reportedly licensed by the reputed Cyprus Securities and Exchange Commision (CySEC). These brokerage service providers assist you with account operation and apparently do all that is within their means to help you make the most of the trading bot’s potential.
Before signing up for a Bitcoin Motion account, ensure that its real word processes are suitable to your region and needs. Consider these metrics.
Bitcoin Motion has a minimum deposit requirement of €250. You can deposit using a credit card, debit card, or bank transfer. Withdrawals are not subject to any limits.
While there are rumours of scam trading bots on the web, Bitcoin Motion has several positive reviews endorsing it. Several independent third-party reviews show that the trading bot works to earn profits for its users.
With Bitcoin Motion, you don’t have to worry about transactional costs like commissions, withdrawal fees, funds storage charges and other expenses. The trading platform charges a single 0.01%trading fee.
When opening a new account, you’ll need ID documents like a driver’s licence and a utility bill or bank statement to verify your account.
Customer support on Bitcoin Motion is available 24/7 via live chat. Agents are on standby to help set up your account and fix any issues you may face.
Bitcoin Motion partners with a global network of regulated crypto brokers. New users can choose brokers in their region when signing up. This way traders around the world have access to the trading bot through their local brokers.
Bitcoin Motion’s payment methods are quite limited compared to some of its counterparts. The platform accepts deposits in major fiat currencies like USD, GBP, and EUR through payment channels such as credit and debit cards, and bank deposits.
Bitcoin Motion supports ten major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Ripple (XRP), Bitcoin Cash (BCH), EOS, USDT, Shiba Inu (SHIB), and Dash (DASH). The bot trades a financial derivative called Contracts for Differences that track the prices of its underlying cryptos.
These CFDs allow Bitcoin Motion to pair the cryptos it supports with major fiat currencies, BTC, and ETH, allowing for over 60 CFD pairs that can be traded both ways i.e. long and short.
According to their website, Bitcoin Motion offers its users a maximum of 5000:1 leverage facility. This means that traders can borrow up to 5000x their capital to make trades. However, this value is a maximum and traders can use lower leverage which is advised as 5000 is much higher than the recommended ratio.
Bitcoin Motion does not state its spread directly on its website, however, reports suggest that it is quite low, given that the service charges a 0.01% trading fee.
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 Motion review.
The major decider between trading bots is how successful their algorithm is and how consistently they can generate profit for their users. Bitcoin Motion has a success rate of 92%, placing it ahead of several other popular crypto bots.
Other robots like Immediate Edge and Bitcoin Up offer a similar automated experience but Bitcoin Motion’s algorithm outperforms most others.
The quickest way we check the legitimacy of a bot is by looking at its satisfied customers via reviews and customer service.
We searched out genuine reviews from people who have used Bitcoin Motion. We always expect reviews to be mixed, but there were a significant number of positive reviews to back up the trading bot.
We reached out to the customer service team and got quick responses. They helped with our enquiries and their answers were satisfactory.
Our findings from researching online reviews and testimonials show that Bitcoin Motion appears to be a reliable trading bot and is easy for new traders to use.
Bitcoin Motion uses SSL encryption on its website with up-to-date certificates. The platform also ensures users pass KYC before operating a fully functional account.
Other partners are also regulated and have their security measures, ensuring that client funds are safe and in a regulated environment.
Here are five reasons why Bitcoin Motion may be suitable for your Bitcoin trading needs:
This is probably the most compelling reason to use the Bitcoin Motion trading platform. At a 92% success rate, the bot is one of the highest. User reviews corroborate the trading bot’s success rate.
Beginners need to be able to get started as easily as possible. Bitcoin Motion’s simple user interface makes it the perfect option for beginners. Users can get a hang of using the bot in no time. The demo account also helps.
Unlike several Bitcoin-only bots, Bitcoin Motion trades over 10 cryptocurrencies including BTC, ETH, XRP, DASH, SHIB, and BCH. Because the bot trades CFDs, the number of instruments may be significantly more than 10 depending on the pairs.
The team at Bitcoin Motion is always available to answer enquiries and technical assistance via email and live chat 24/7.
Bitcoin Motion is fully automated. Once you set your trading strategy, it executes it verbatim, allowing you time to focus on other tasks.
Bitcoin Motion is fairly new compared to some of its peers. As such, they focus mainly on online marketing. While they have made impressive strides in that department, they have mostly steered away from TV appearances.
In this section, we explore whether or not Bitcoin Motion has been endorsed by a celebrity or if there are any well-known people that have made Bitcoin Motion Reviews.
The Virgin Group founder is a fan of cryptocurrencies but has not endorsed or mentioned Bitcoin Motion, according to our research.
Tesla’s CEO is famous for his involvement with cryptocurrency, most especially Dogecoin. However, there are no records of him endorsing Bitcoin Motion.
The Shark Tank billionaire has also been deeply involved with crypto and crypto-associated projects. But similar to Elon, Mark has not endorsed Bitcoin Motion.
Snoop Dogg is an American rapper known for his music and involvement in NFTs and the metaverse. However, we did not come across any reliable source that indicates that he endorsed trading with Bitcoin Motion.
It’s important to be safe and responsible when using trading bots to minimise the possibility of loss. Here are a few tips to help you achieve that:
Secure your account by using a strong password, ideally one with alphanumeric characters. Also, turn on two-factor authentication to add extra security. If you have issues remembering your passwords, use a password manager. Strong passwords reduce the likelihood of an attack.
There are no guarantees in trading. The claimed success rates are not a guarantee. The cryptocurrency is volatile and can change rapidly. Make sure you only invest money you can afford to let go.
Always use a stop loss when trading, especially with bots that execute trades in a fraction of a second. Stop losses protect you when the market moves against you by closing your position before your losses compound.
The crypto trading bot space is rife with scams and dubious products. Ensure that the bot you use is from a legitimate company. Aside from scams, some trading bots run on wonky algorithms that don’t work properly. Always backtest against market data to ensure your bot functions well.
Bitcoin Motion trades around the clock when in automatic mode. Traders can deploy strategies at all hours and do not need to stay awake to ensure that their orders are carried out, provided they set them correctly.
Bitcoin motion can take advantage of market volatility which usually happens in reaction to important news events. The bot can identify price trends before they pick up steam and set positions.
Bitcoin Motion can be programmed to scan the prices of supported cryptos across various exchanges and take advantage of price discrepancies.
To begin using the Bitcoin Motion trading system and start your trading journey:
The signup process requires your first name, email address, phone number and password after which you’ll be required to verify your account. Submit KYC documents like a government-issued ID and a utility bill or bank statement that clearly shows your name and address.
After verification, you’ll need to choose a crypto broker. Bitcoin Motion partners with affiliated brokers that provide the trading terminal that connects to the trading bots. These brokers are usually regulated by the Cyprus Securities Exchange Commission, but you can run a background check just in case. Sign up for a broker of your choice and add a deposit method such as a bank account.
If you’re a newbie, create a trading strategy using the basic parameters: entry level, exit level, and stop loss. You may also want to try the demo account first to ensure your strategy is functional before deploying it on a live account.
You’ll need to deposit funds into your account to use the bot. The minimum amount is €250. You can deposit using a bank transfer, a credit card, or PayPal.
Setting up automatic trading means letting your bot trade with the parameters set laid out in the trading strategy. For newbies, this involves selecting the automatic trading mode.
Can I use Bitcoin Motion in the US?
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Bitcoin Motion is a trading bot that runs AI-powered algorithms to analyse market data, spot trends, and execute profitable trades. It works strictly with cryptos like Bitcoin, Ethereum, Ripple, and Litecoin.
Its most compelling feature is a 92% success rate according to online reviews where users claim that the bot is profitable enough to warrant consistent usage. However, the success rate is not a guarantee as an above 90% win rate is rare, even for trading bots.
Aside from the high claimed success rate, the Bitcoin Motion platform excels in its customer support which is available 24/7 and its simple user interface which can be used by newbies with no prior trading experience.
Bitcoin Motion collaborates with brokers around the world to deliver its services to people in various geographical regions. These brokers are usually regulated but it wouldn’t hurt to confirm before signing up with them.
When signing up, ensure you have the appropriate KYC documents listed in the How to Use section above. Also, remember that the minimum deposit is €250. You’ll need to deposit before you’re given access to the live account.
You may use the demo account without depositing as it is freely available to all account holders.
Other similar bots reportedly making a difference include Bitcoin Future, Bitcoin Revolution and Bit Index AI.