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.

Bitcoin Prime Review 2024 - Is It Legit Or A Scam?

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By Ehis Ohiwerei - Updated 10 June 2024
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Crypto trading robots like Bitcoin Prime are becoming a favourite tool amongst crypto traders.

Like other crypto bots, this tool will work on its own, analysing the market and making predictions based on the market data.

Once you set it up, you can leave it to trade automatically for you. Bitcoin Prime claims to make you a profit and the fees to use the trading platform are minimal but can you trust the platform?

We have done our checks on Bitcoin Prime, looking at how it works how you can use it, what is good about it, what is not so good, and some factors that you should consider before using it. We reviewed the trading bot in-depth to answer these questions for you.

Our Investigation Result: Bitcoin Prime Seems legitimate!

After looking closely and investigating the trading platform, Bitcoin Prime is a legitimate way to trade cryptocurrencies. Everything they say about what their tool can do seems to be valid.

If you’re considering creating a Bitcoin Prime account, just use the link below. An account helper will guide you through the setup process.

Table of Contents

Bitcoin Prime Summary

Minimum Deposit

$250 or €250

Fees and Commission

2% levied on profitable accounts

Claimed Success Rate

90%

Supported Cryptocurrencies

Over 70 CFD pairs (only CFDs)

Deposit and Withdrawal Fees 

There are no deposit fees and up to 10 free withdrawals per month

Trading Platform

Desktop

Demo Account

Yes, demo mode

Verification

Yes. ID and proof of address

Regulations

Cyprus Securities Exchange Commission (CySEC)

1
Min Deposit
$ 250
Promotion
User Score
4
AI that adapts to traders’ strategies
Can get started within 40 minutes
Get Support From A Free Advisor
Visit Site
Description:
Payment Methods:
Debit Card, Credit 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.

What is Bitcoin Prime?

Bitcoin Prime is like an intelligent helper for trading cryptocurrency. Both new and experienced investors have found it helpful. This tool uses innovative technology to determine when to buy and sell cryptocurrencies.

It makes quick trades that take advantage of price changes. It works with trusted crypto brokers to keep things safe. Once you set it up, Bitcoin Prime runs in the background, helping you make profitable trades without working too hard.

Who Started Bitcoin Prime?

The team behind Bitcoin Prime has some profound trading experience. They used to work on Wall Street.

Over the past three years, they’ve refined the technology that powers Bitcoin Prime, making it easy for regular people to invest in cryptocurrencies like professionals. They say this technology is based on confidential strategies that made enormous banks a lot of money.

When Bitcoin Prime started, it was a test for almost a year. After it did well, they launched the live version. Now, many people use it to make extra money and take control of their finances.

How Does Bitcoin Prime Actually Work?

Bitcoin Prime uses super smart computer programs to examine lots of data and find patterns. It knows it’s time to trade when it sees a pattern that has worked.

The bot communicates with a broker (a person who helps with trading) and tells them what to do. For example, it might say, “Buy Bitcoin now” or “Sell it when the price goes up.” Most of the time, it makes a profit, 90% of the time, according to others who have used it.

If it makes a profit, a small fee of 2% is taken. If not, no fee is charged. Bitcoin Prime doesn’t hold onto your funds. It works with trusted brokers to keep everything safe. When you want your money back, just fill out a form, and you’ll have it within a day.

Bitcoin Prime Pros & Cons

Pros

  • Bitcoin Prime manages your trades even when you're not actively involved
  • User-friendly interface
  • The AI algorithm studies data to forecast optimal trade timing
  • It reportedly employs strategies akin to those used by large financial firms
  • Bitcoin Prime prioritises the security and compliance of user funds

Cons

  • Trading inherently involves risks

Bitcoin Prime Standout Features

Trying Before Trading

The demo mode offers a risk-free testing ground for those cautious about going all in. It’s helpful to analyse and refine strategies before committing actual funds.

Always There To Assist

Whenever you need help, Bitcoin Prime’s support team is just an email away. They’re available 24/5 to aid with account setup or resolve any concerns.

Crypto Variety

Bitcoin Prime handles trading for 14 cryptocurrencies and over 70 CFD pairs linked to those cryptocurrencies. These include big names like Bitcoin, Ethereum, Ripple, and more.

Trading Triumphs

After serious upgrades, Bitcoin Prime’s algorithm has evolved into a smart predictor of price trends. According to outside reviews, it achieves success around 90% of the time.

Quick And Simple Withdrawals

Taking out your earnings is hassle-free. Submit a withdrawal form, and within 24 hours, your payment will arrive. Plus, you enjoy up to 10 monthly free withdrawals before a 1% fee.

Fee-Free Platform

Using Bitcoin Prime won’t cost you a lot. It’s free, with no hidden fees. The only charge is from profitable trades.

1
Min Deposit
$ 250
Promotion
User Score
4
AI that adapts to traders’ strategies
Can get started within 40 minutes
Get Support From A Free Advisor
Visit Site
Description:
Payment Methods:
Debit Card, Credit 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.

Things To Weigh Before Jumping In

Before you commit, consider a few factors. We looked at how Bitcoin Prime’s workings function and gave a score for each category.

Payouts: 4/5

Withdrawals usually arrive quickly—less than a day after requesting them. Fill out a form, and your funds are on their way.

Verification Process: 4/5

New accounts need KYC verification. IDs like driver’s licenses and utility bills help confirm your identity.

Costs And Fees: 5/5

Unlike other platforms with numerous costs, Bitcoin Prime keeps it simple. Free trading is the norm, and only a transparent commission fee applies.

Trading Fees

2% on profitable accounts

Deposit Fees

None

Withdrawal Fees

1% after 10 free withdrawals in a month

Account Fees

None

Bitcoin Prime doesn’t charge for all features. They don’t charge for managing accounts, trading, deposits, or withdrawals. But if you make gains, a 2% commission applies; if you’re not profiting, no charges.

Deposits And Withdrawals: 4/5

Getting started requires a minimum deposit of $250. Cards, PayPal, and bank transfers work for deposits. For withdrawals, there is no minimum, but after 10 free monthly withdrawals, a 1% fee applies.

User Testimonials: 4/5

User reviews give insight. Bitcoin Prime boasts numerous positive testimonials from various platforms, validating its reliability.

Top-Notch Support: 5/5

Bitcoin Prime’s customer service is attentive and available via email 24/5. They help you set up and tackle issues.

Trusted Broker Partners: 4/5

Upon registration, you pick from reputable affiliated brokers, known players in the crypto market who are regulated and established.

How Does Bitcoin Prime Compare?

When choosing a trading bot, what matters most is how well its algorithm performs. Bitcoin Prime boasts a success rate of 90%, making it a top contender among popular cryptocurrency robots.

It’s amazing for traders seeking a hands-off approach. While alternatives like Immediate Edge and Bitcoin Up offer similar automated features, Bitcoin Prime’s algorithm is more effective.

Is Bitcoin Prime Trustworthy?

Since Bitcoin Prime is an automated trading bot with profitability claims, verifying its legitimacy is essential.

Real Users, Real Satisfaction

Through authentic reviews from numerous users over the past few years, we’ve discovered that Bitcoin Prime has been successfully utilized. Adapting to the platform may take a few weeks, but patience and consistency can lead to steady profits.

Responsive Support

Having contacted Bitcoin Prime’s customer service multiple times, we received timely and satisfactory responses. Their hospitable assistance aligns with the positive online reviews, suggesting the bot is reliable and user-friendly.

Is Bitcoin Prime Secure?

In terms of safety, Bitcoin Prime is entirely secure. User funds are held by a third-party broker, reducing risk. You can also implement stop orders with the broker to manage risk effectively.

When you sign up, a regulated broker is assigned, ensuring that your financial information remains with them, not the trading bot. So far, no security breaches or fund losses have been reported.

6 Reasons To Opt For Bitcoin Prime Trading

Here’s why you should consider Bitcoin Prime for trading:

  1. Speedy Trades: Bitcoin Prime executes orders rapidly, spotting trends and data patterns that might elude humans.
  2. Emotion-Free: The bot follows a set strategy without being influenced by emotions or biases.
  3. 24/7 Trading: Operating nonstop, Bitcoin Prime allows you to employ your strategy while sleeping.
  4. Risk Management: With strict risk management options, you can limit losses and calculate potential profits using a demo account.
  5. Arbitrage Potential: Sub-second trading enables you to capitalize on market inefficiencies by comparing prices across exchanges.
  6. Flexible Payments: Bitcoin Prime accepts various payment methods, including USD, GBP, EUR, bank transfers, cards, and e-wallets.

Optimal Approach To Trading With Bitcoin Prime

If you’re new to Bitcoin Prime, start with a demo account. It’s a risk-free way to get acquainted with the platform’s interface and test your strategies. As a new trader, relying on the automated mode is wise. Simply define your preferences and limits for the bot to follow.

Specify stop loss and take profit limits to manage risk. Unlike traditional crypto trading, Bitcoin Prime streamlines the process by analysing and executing orders on your behalf, eliminating the need for complex decisions.

Trading Approaches And Algorithms

Automated Trading

Bitcoin Prime’s automatic mode operates nonstop, adhering to your chosen strategy. Just set your rules, activate it, and the bot will take care of the rest.

Following Trends And News

Market-moving news like interest rates and inflation data can lead to price swings. Bitcoin Prime responds swiftly to these events, harnessing their potential with proper risk management.

Arbitrage Opportunities

By scanning cryptocurrency prices across different exchanges, Bitcoin Prime identifies price variations, exploiting them for quick profits. Its rapid trades enable users to capitalize on arbitrage opportunities effectively.

1
Min Deposit
$ 250
Promotion
User Score
4
AI that adapts to traders’ strategies
Can get started within 40 minutes
Get Support From A Free Advisor
Visit Site
Description:
Payment Methods:
Debit Card, Credit 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 Bitcoin Prime Made TV Appearances?

As Bitcoin Prime gained widespread popularity, it attracted online rumors about TV appearances. Some claimed the algorithm was pitched on investment shows in the UK and US for funding. We investigated these claims to find the truth.

Dragon’s Den

Despite the rumors, Dragons Den, a well-known venture investment show with notable guests, has yet to feature Bitcoin Prime.

Shark Tank

Similar rumors suggested the algorithm appeared on the US show Shark Tank. Still, after our search, an episode backing these claims must be found.

Has Bitcoin Prime Received Celebrity Endorsements?

Online chatter also speculated about celebrity endorsements for the trading bot, particularly from tech-savvy figures involved in cryptocurrency ventures. We dug into the matter to determine the authenticity of these claims.

  • Kate Garraway: Kate Garraway has shown no strategic or financial support for Bitcoin Prime.
  • Richard Branson: Though a cryptocurrency advocate, there’s no solid proof of Richard Branson endorsing the Bitcoin Prime app.
  • Elon Musk: While a proponent of decentralized projects, Elon Musk has not officially endorsed Bitcoin Prime, despite rumors suggesting otherwise.
  • Mark Cuban: An esteemed investor, Mark Cuban, was rumored to invest in Bitcoin Prim. Still, no evidence from the Shark Tank show or his social media accounts supports this claim.

Tips For Safe And Risk-Managed Bitcoin Prime Use

If you’re aiming to handle risk wisely, these tips are your guide:

Start Small

Newcomers often must avoid going all-in on one trade, risking too much. Rule one: only invest what you can afford to lose. If a trade does not work out, your finances remain safe.

Keep Profits Aside

Although it’s tempting to reinvest all your gains, it’s not a solid strategy. When trading with Bitcoin Prime, it’s an excellent practice to save some of your profits. For example, save around 50% to cushion potential losses.

Listen To Experts

To excel in Bitcoin trading, stay updated on news and trends. Follow credible analysts and cryptocurrency experts. Blend this insight with your strategies for better odds of success.

Keep A Record For Tax Purposes

Smart traders maintain records of trades, including investments and earnings, for tax purposes. This helps calculate accurate tax payments, as different countries have distinct crypto tax regulations.

Invest Only What’s Safe

New investors often get carried away, sinking their savings into trades. Make sure your investment won’t hurt you financially if things go bad. Base your choices on analysis to minimize risk.

Step-By-Step Guide To Using Bitcoin Prime

Ready to start with Bitcoin Prime? Follow these steps:

  1. Sign Up for an Account: Provide your email and phone number. Completing registration demands KYC documents like ID and address proof.
  2. Finish the Form: You’ll be directed to a partner broker. If you don’t have an account, sign up. You might need an ID and address proof, and some brokers ask for proof of fund source.
  3. Choose a Strategy: Experiment with new, existing, or custom strategies. Bitcoin Prime offers educational content, catering even to inexperienced users.
  4. Practice with Demo: Test your strategy using the demo account. It helps refine the model’s understanding of your strategy’s market parameters, improving execution.
  5. Deposit Funds: Deposit money into your account to start trading. The broker, not Bitcoin Prime, handles the minimum $250 deposit. Check payment methods and limits with the broker.
  6. Activate Automated Trading: and set values for your strategy’s key parameters. Every strategy has entry and exit points, plus a stop loss. The latter is a price point to limit losses. It’s often wise to never risk over 3% of your total account value on one trade. Position your stop loss accordingly.

Bitcoin Prime: What You Can Trade And How

Which Assets Are Available For Trading On Bitcoin Prime?

Bitcoin Prime facilitates trading in four primary cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). However, direct trading of these coins still needs to be done. Instead, it engages in Contracts for Differences (CFDs), allowing traders to take long and short positions. With this approach, Bitcoin Prime offers more than 70 tradeable pairs, presenting various earning opportunities.

Leverage Options In Bitcoin Prime

Reportedly, Bitcoin Prime extends a leverage option of 3000:1 to its users. This implies traders can borrow capital up to 3,000 times their initial investment for trading. It’s essential to note that this level of leverage significantly exceeds industry norms. Beginners and experienced traders alike are advised to exercise caution and use minimal leverage to mitigate risk.

Spreads On Bitcoin Prime: What To Know

While Bitcoin Prime doesn’t impose spreads, be mindful that its partner broker might. Always be aware of broker-imposed spreads before you commence trading.

Can I Use Bitcoin Prime In My Country?

Can I use Bitcoin Prime in the US?

No

Can I use Bitcoin Prime in the UK?

No

Can I use Bitcoin Prime in Australia?

Yes

Can I use Bitcoin Prime in Sweden?

Yes

Can I use Bitcoin Prime in Germany?

Yes

Can I use Bitcoin Prime in Austria?

Yes

Can I use Bitcoin Prime in Switzerland?

Yes

1
Min Deposit
$ 250
Promotion
User Score
4
AI that adapts to traders’ strategies
Can get started within 40 minutes
Get Support From A Free Advisor
Visit Site
Description:
Payment Methods:
Debit Card, Credit 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.

Bitcoin Prime Review: Final Insights

Bitcoin Prime is a trading bot that enables automated cryptocurrency trading. Driven by a machine learning model, it analyses past price data to identify recurring patterns and execute profitable trades when these patterns reappear.

With user-friendly navigation, a free trading system, a demo mode, and swift withdrawals, Bitcoin Prime presents an appealing trading solution suitable for novice and seasoned traders. However, remember that investing only what you can afford to lose and minimizing financial risks are vital precautions before trading.

Despite surrounding uncertainties, Bitcoin Prime has emerged as legitimate software with an impressive success rate, validated by independent third-party reviews. It comes at no cost and charges a modest 2% commission on profitable accounts.  Before diving in, ensure you grasp their processes and limitations. For instance, the minimum deposit is $250.

To create an account, complete the registration process, verify your account, define a strategy, deposit funds, and observe the bot’s profit generation.  Read our “How to Use Bitcoin Prime” section to learn more about starting with Bitcoin Prime. Alternatively, if you prefer other reputable trading bots, choices include Bitcoin Era, Bitcoin Profit, and Bitcoin Evolution.

Review Methodology

Our approach involves compiling diverse tests, reviews, and testimonies from various online sources, culminating in a balanced perspective that accounts for multiple viewpoints. For insights into our testing process, visit our ‘why trust us‘ and ‘how we test‘ pages. Acknowledging the prevalence of misleading testimonials online, particularly scams posing as trading bots, our thorough evaluation spans internet sources to provide a comprehensive Bitcoin Prime review.

1
Min Deposit
$ 250
Promotion
User Score
4
AI that adapts to traders’ strategies
Can get started within 40 minutes
Get Support From A Free Advisor
Visit Site
Description:
Payment Methods:
Debit Card, Credit 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.

FAQs

Will I need to learn about trading to invest with Bitcoin Prime?
While trading and cryptocurrency familiarity aren't obligatory, they can aid in making informed decisions. However, newcomers can rely on Bitcoin Prime's automated mode for crypto investment.
How much time do I need to invest?
Bitcoin Prime demands minimal attention. Set preferences and let the bot operate. Check occasionally to ensure it's functioning as intended.
How can I withdraw my profits on Bitcoin Prime?
Submit a withdrawal form and expect processing within around 24 hours.
Can my Bitcoin Prime account get hacked?
Chances are low. Bitcoin Prime reportedly employs advanced security measures like SSL encryption to secure communications.
Can I practice my trading risk-free on Bitcoin Prime?
Indeed. Use the demo account to acclimate yourself to the trading bot. It also serves as a free practice platform for testing investment strategies.
What does Bitcoin Prime do?
Bitcoin Prime is an automatic crypto trader, executing buy and sell orders using an algorithm that identifies price trend patterns.
Is there a Bitcoin Prime app?
No, a native app is unavailable; Bitcoin Prime remains a browser-based platform via its website.
Can you make money with Bitcoin Prime?
Yes, by furnishing software and learning resources, Bitcoin Prime facilitates sound strategy deployment for profit generation.
Is Bitcoin Prime a scam?
Based on testimonials and credible reviews, Bitcoin Prime is not a scam. The brokers within the bot network reportedly uphold regulation and credibility. User feedback implies simplified crypto trading through Bitcoin Prime's correct usage.
How can I enhance my Bitcoin Prime success?
Educate yourself extensively about automated crypto trading. Utilize the demo trading feature to practice your acquired knowledge. Staying informed about current crypto market developments is also crucial.
Are affiliated brokers regulated?
Bitcoin Prime cooperates with brokers worldwide. However, regulatory status isn't guaranteed, highlighting the importance of checking your assigned broker's legality.
Is profit guaranteed with Bitcoin Prime?
No, the volatile nature of crypto markets precludes any trading bot from guaranteeing consistent profits.