Bitcoin Supersplit Review 2024 - Is It Legit or a Scam?

Pros & Cons of Bitcoin Supersplit?

Who Created Bitcoin Supersplit?

Bitcoin Supersplit, according to the platform’s homepage, was created by a highly experienced team of developers. The team also apparently had amassed a wealth of experience trading on Wall Street before moving onto cryptocurrency. As the website notes, Bitcoin Supersplit comes from years of research and has had the best software engineers and computer science specialists work on its algorithms.

The result is an automated trading robot that is increasingly becoming popular within the crypto space. It is available license-free and is designed to help both beginners and seasoned traders. The team has also reportedly made it clear that they can only work with regulatory-compliant brokers, which is an aspect that has greatly added to this robot’s burgeoning reputation.

Key Features of Bitcoin Supersplit

Payouts

Bitcoin Supersplit has a payout system that calculates user gains as soon as a trade closes. The automatic process is said to be seamless, with customers reportedly able to access up to 94% in daily returns on the initial investment only. 

User testimonials note that traders can make higher gains by reinvesting their profits. While this can be a strategy to earn more, it is advisable to go small and take earnings off the platform for saving. Notably, payouts attract a 2% commission.

Verification System

You can only begin to use live trading on Bitcoin Supersplit once you verify your account. The verification process is fast and easy. The broker processing all financial transactions will demand users to verify their identity as well as set up a payment account. 

These measures help add to the overall protection offered to customers before they begin using the platform. You need a valid government ID or driver’s license and a utility bill during the verification. It reportedly takes only 10 minutes to be duly verified and set to start trading.

Withdrawal Process

Bitcoin Supersplit allows for unlimited withdrawals. Reviews and testimonials show that users can access withdrawn funds within 24 hours after successfully filling and submitting a withdrawal request. There are no withdrawal fees.

Costs and Fees

There are no fees or other hidden costs on Bitcoin Supersplit. Using the robot is free, with users only charged a small commission when they make money with winning trades. This means that users can only pay when they earn, which doesn’t eat into your deposits or account balances.

User Testimonials

One of the reasons Bitcoin Supersplit is reportedly getting all the attention is the high number of verified user reviews and testimonials offering positive feedback. The robot also has high ratings on reputable robot review sites, with most highlighting the ease of use, superior technology, and withdrawals as key features that cement its legit status.

Customer Service

Customer support is available 24/7 with customers able to get access to the support team via live chat, email, and phone calls. Customers also have dedicated account managers that help with details such as how the platform works, how to set trades, and handling payouts.

Affiliated Brokers

Affiliated brokers are registered entities, with regulatory oversight reportedly offered by bodies such as the FCA and ASIC. These partner broker firms offer access to market trades via the robot’s algorithm and safeguard customer funds.

Is Bitcoin Supersplit Legitimate?

Bitcoin Supersplit has been viral since it hit the market, with several reviews and thousands of testimonials now available. From these positive reviews and with users assigned a regulated broker, it is highly unlikely that it is a scam. Yet, it is perfectly in order to question whether Bitcoin Supersplit is legit, as that allows you to find out all you need to know about the robot.

This approach allows customers to try out the system and see how automated signals work. Traders also seek to understand how to manage risk using the robot, because as it is, crypto trading has inherent risks. Due diligence and an understanding of the market can help maximise potential benefits.

5 Reasons to Use Bitcoin Supersplit for Trading

Ease of use

Trading robots intend to make trading cryptocurrency markets easy, even to the most inexperienced user. Bitcoin Supersplit claims to offer this, with just a few minutes of trading Bitcoin and other digital assets making it largely hassle-free.

The registration and verification processes are easy and fast, while the demo account gives customers an avenue to practice before live trading. Overall this robot has an extremely easy-to-navigate interface, with users able to handle risk management settings and trades at the click of a button.

Fast and intelligent trading

Cryptocurrency trading can be very profitable with automated software that offers access to fast trades and highly accurate predictions. When trading CFDs, spotting trends is crucial. However, being able to pinpoint even the slightest of price movements can quickly make a difference, especially for traders looking to try high-frequency trading.

The website of Bitcoin Supersplit claims that its smart algorithms and other advanced technology built into the trading software allow it to stay 0.01 seconds ahead of the market. It is this speed that reportedly combines with high accuracy, which can rise to 94% according to the company, to earn traders money.

Other than that, Bitcoin Supersplit allows for automated concurrent trading, meaning users don’t just benefit from fast trades but also be able to have multiple and concurrent trades.

Advanced analytics

Bitcoin Supersplit claims to use AI-driven smart algorithms built into the trading system. What this means is that users can benefit from advanced analytics related to research, analysis, and synthesis of market data. The robot’s inbuilt capacity allows it to quickly scan Bitcoin markets, pick out potentially profitable trades and execute them all within seconds.

The Bitcoin Supersplit system can therefore be a great tool a trader can use to automate their trading strategies, lessening the heavy-duty drawbacks of manual trading.

Deposit protection

If affiliated brokers are regulated, customers enjoy a deposit protection scheme. What this implies is that regulators demand that the broker handles all customer funds in a separate account from that of the firm. This is a safety measure that is also boosted by deposit protection where user funds are insured in case a broker goes bust.

Remove human errors

You can use automated trading software to remove the potential for human error in your trading. This is possible because automation and the use of AI-driven intelligent algorithms provide a high level of accuracy. But apart from that, the main benefit here is the removal of human emotion and thus human errors from the trading process. So, it’s not just split-second decisions, but decisions that are backed by data and market outlook and not emotions. While robots can miss trades, these misses are likely due to volatility and not human errors.

What’s the Best Way to Use Bitcoin Supersplit?

Traders look to robots for automation, which means finding the best way to incorporate manual trading activities for maximum benefit.

Bitcoin Supersplit can be put to good use in the same manner. Beginners can easily get a grip on trading via the demo account, while professional traders can leverage its algorithms to make the most of high-frequency trading. Before you use the robot it’s good to have trading goals and strategies to reach them.

Overall, it is good to note that while the software comes free of charge and is available to everyone, using it requires customers to keep tabs on their risk management and account security. In the case of the former, take note of stop-loss settings and such settings. For the latter, ensure two-factor authentication and learn to withdraw most of your earnings off the platform.

Has Bitcoin Supersplit Ever Appeared On TV?

A viral product such as Bitcoin Supersplit often attracts the attention of everyone. One impact of this is that it likely ends with the blurring of the lines between what’s factual and what’s not.

That’s why there are so many claims that popular TV shows have featured the robot. We looked into two such reports regarding Dragons Den and Shark Tank. Here is what we found out:

Dragons Den

Dragons Den is a hit British TV show that allows budding business minds to pitch their ideas to prospective investors. This could provide a perfect platform for a project like Bitcoin Supersplit to elaborate on the benefits of the robot. While rumours have claimed the TV show featured the robot’s team and even endorsed it, our research into this shows no evidence that it indeed happened. It is likely the link is down to the growing popularity of Bitcoin Supersplit and the enduring appeal of Dragons Den.

Shark Tank

Like the Dragons Den, the American hit TV show Shark Tank offers a stage for upcoming entrepreneurs to showcase their products and ideas in the hope of netting an investment opportunity.

It is claimed that Bitcoin Supersplit appeared on the show, with one of the hosts endorsing it for crypto trading. While this looks like something that could happen, the fact is that there is no record of the robot ever being on the show. If Shark Tank did endorse Bitcoin Supersplit, the news would be front-page news in financial publications. No such thing has happened so far, which means traders should rely on the rumour as the only factor to consider before investing.

Has Bitcoin Supersplit Ever Been Endorsed by a Celebrity?

Bitcoin Supersplit has allegedly captured the imagination of the trading community, with celebrities from across the globe endorsing it to millions of fans and on shows. But has any celebrity endorsed the robot? Here is what we found:

Gordon Ramsay

Celebrity chef Gordon Ramsay is one of those said to have endorsed Bitcoin Supersplit. As a TV personality and a highly respected individual, it’s easy to see how easily viral the claim can become. The entrepreneur’s charismatic personality and an open mind towards technology could be the reason for this rumour. We however have not come across any factual evidence to support the allegations.

Elon Musk

Elon Musk has recently made comments regarding Bitcoin and openly used his Twitter account to tout the cryptocurrency Dogecoin (DOGE). As the world’s richest man and CEO of Tesla and SpaceX, the celebrity entrepreneur commands a following. His word about Bitcoin Supersplit could therefore be instant news. The fact is that Elon Musk has made no such endorsement or comment about the robot. So rumours linking him to the project are nothing but rumours that traders should not take as a basis for investment decisions.

Richard Branson

Sir Richard Branson is a British entrepreneur and philanthropist. He is famous for his Virgin Group business and has acquired celebrity status for his love of tech-driven business ideas. He has been variously linked to Bitcoin Supersplit, but as our investigations show, neither Branson nor his company nor businesses have endorsed the robot. As such, the whole claim has no basis.

5 Ways You Can Maximise Success With Bitcoin Supersplit

There are a few strategies a trader can put in place when using a robot such as Bitcoin Supersplit to maximise their potential success. Here are a few of those steps that have worked in other trading situations.

Start Small

Ask any expert trader or successful business person, and they are likely to offer this as the first piece of advice. Start small, build your strategy, and then grow. Place the minimum allowed trade amounts and keep looking to make progress. It is a bad strategy to try to go all-in during your first several trades. Starting small also calls for emotional discipline, with risk management key to ensuring you minimise losses and maximise profits.

Save Some Profits

Trading cryptocurrencies using robots can see you earn some profit, especially when the trader implements a winning strategy. Maximising these profits requires that users save some of it and only keep the initial capital for trading purposes.

Withdraw the gains as soon as possible. The best way to go about it would be to ensure you don’t plough all the earnings back into a trade. It is important to remember that trading cryptocurrencies can be risky due to the highly volatile market. As such, trades can go wrong and lead to unexpected losses.

Follow the Advice of Experts

As noted above, experts can offer invaluable trading advice and can see you make the most of the trading robot.

Bitcoin Supersplit is said to be automated, which would mean that most functions are executed automatically. However, when it comes to maximising what they offer, nothing comes close to the advice of a successful expert who has been there and done all that. The most basic concept you are likely to get from an expert is in understanding risk management and how to go about it.

You can get expert advice one-on-one, through social sharing platforms, or copying and learning. The latter is a strategy that has been made so popular by the eToro trading platform. You can check out how this platform works here.

Keep a Record for Tax Purposes

One mistake you should not make is to fail to keep track of your transactions. Luckily, you can easily monitor and record all your trade details on Bitcoin Supersplit. You need these records when doing taxes because most countries and jurisdictions now classify BTC trades as taxable events. So keeping a record will help you handle tax filing and stay tax compliant. This is important as it means you are unlikely to run into issues relating to your financial transactions.

Only Invest What You Can Afford to Lose

Trading financial assets, including cryptocurrencies, carries inherent risks that can see you lose money. The strategy most successful traders will tell you to adopt is to only invest that which you can comfortably afford to lose. In most cases, such money would come from your disposable income. In this way, when a trade goes against you, you are not losing money that should be handling other critical life needs or your savings.

Although Bitcoin Supersplit is automated and reported to be highly accurate, crypto is volatile and thus losses are inevitable. Therefore, having the above approach (or not) when trading is what usually differentiates successful traders from those that rue missed opportunities.

Our Conclusion

Bitcoin Supersplit is reported to be a user-friendly auto trading system that features a highly intuitive interface. Its intelligent algorithms claim to allow a trader to access fast trades, with new users getting a chance to learn how to use it via a demo trading account.

There are numerous positive testimonials and user reviews to support the view that this is a legit trading tool. However, we’ve found no evidence of celebrity or TV show endorsements. This means that a prospective customer should not make investment decisions based on such information that might be available online.

Overall, it’s worth remembering that crypto trading is highly risky due to its volatility and users are better off with due diligence and a thorough understanding of the market.

If you’d like to consider an alternative to Bitcoin Supersplit, why not check out these three popular robots we’ve covered before: Bitcoin Champion, Crypto Trader, Bitcoin Bank.