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

Who Created Bitcoin Trend?

Bitcoin Trend was reportedly created by a team of developers who wanted to provide traders with an easy way to make money in the crypto industry. They especially targeted new traders and those who find it difficult to successfully trade digital currencies for a variety of reasons.

They claim that their software differs from most others out there, as it has features and tools that can be leveraged by investors to earn higher amounts than what most other similar trading bots can offer.

Of course, earning such high amounts is not guaranteed. A lot of it depends on the market situation, the instructions that traders give to the robot, as well as the risk management that they employ, among other factors.

Key Features of Bitcoin Trend

As mentioned, Bitcoin Trend has a number of features that will attract traders. Here are some of the most notable ones.

Payouts

The payout system is one of the most important aspects for any user of the app, and so it was tested extensively by app reviewers. The tests have reportedly revealed that the system works perfectly, with no reported issues.

Reportedly, the payout system is activated automatically, after the end of the live trading session. The app claims that it allows traders to earn hundreds of dollars with small deposits and that it brings an average of 10% daily profits.

This, however, is extremely difficult to achieve, and it would require a great deal of dedication and success on traders’ behalf, so we do not expect that a lot of traders will see such returns.

Verification system

The app has a very simple and fast verification system, which allows users to finish the setup of their accounts very quickly. This is good, as it means that users can start trading right away, instead of having to wait for days or even weeks to be verified.

All it takes is to create an account, and then proceed to the email. The service will send an email with a verification link, and upon clicking it, the process will be complete. There is also a possibility of phone verification, which happens via SMS.

Another thing worth noting is that the underlying brokers might require that the user submits their ID in order to confirm their identity. This is nothing unusual, given the strictness of Anti-Money Laundering procedures and the Know-Your-Customer (KYC) requirements. But, Bitcoin Trend claims that it handles the user data with extremely strict confidentiality.

Withdrawal process

Bitcoin Trend’s withdrawal process is another thing that was done excellently. Users get to withdraw their money at any time, and they do not have to pay any additional charges for doing it. All they need to do is fill a request form on their dashboard under fund management, and the process will be completed.

After that, the withdrawal will take place, although it might take up to 24 hours before the money actually reaches the bank account.

There are also several ways to withdraw the money, including credit card transfer, wire transfer, as well as eWallet services, including WebMoney, Neteller or Skrill. Of course, users can also withdraw BTC to their crypto wallet, if they wish to keep their funds in the form of cryptocurrency.

Costs and fees

Reportedly, the Bitcoin Trend app is completely free to use. However, it is worth noting that this might not remain true for much longer, as the firm behind it has said that it plans to introduce a premium license for new users.

User testimonials

Bitcoin Trend has received mostly excellent reviews on TrustPilot. As many as 70% of users of the UK version of the review website who rated the app gave it five stars, while the remaining 30% gave it four stars. There are no reviews that gave it less than that.

In other words, almost all traders who gave their testimonials regarding their experience with the app are quite pleased, describing it as easy to use and highly profitable.

Customer service

Customer service is an important aspect of every project, website, app, tool and service. It needs to be easily available and always there for users, especially if the service is targeting users globally, such as Bitcoin Trend does.

With that in mind, we are happy to see that Bitcoin Trend app offers 24/7 customer service that can be reached quickly via live chat, but also via email and even by phone. Of course, email inquiries are the slowest way of contacting customer support, and some reports say that it can take them quite some time before they respond—sometimes even up to 48 hours.

Fortunately, phone and live chat support work much quicker, so if you ever need a quick solution, we suggest trying one of these two methods. Other than that, customer support was described in user testimonials as excellent, meaning that you likely won’t have any troubles with resolving any issue or getting an answer to a troubling question.

Affiliated brokers

Its team says that the app is only partnering with proven and tested brokers and that it insists that the brokers are regulated, for their investors’ protection. These are all regulated partners, approved by various government services, such as the FCA, FSB and ASIC.

Bitcoin Trend knows that the crypto industry is filled with scammers, which is why it insists on keeping the brokers regulated and its users’ money safe. After all, if they were to partner with a broker that turned out to be a scammer who disappeared with the money, there would be nowhere to raise a dispute and set things right again.

Is Bitcoin Trend legitimate?

Reportedly, based on online reviews and user testimonials, Bitcoin Trend appears to be a legitimate and reliable automated crypto trading software that has a fair amount of very satisfied users. There will always be those who lost money while engaging with the app, which is to be expected.

After all, the crypto industry is rather volatile and risky, so traders need to be prepared for that, as well. Bitcoin Trend claims that it can make money for its users, but nowhere does it say that there is no risk involved.

5 Reasons to Use Bitcoin Trend for Trading

If you are still debating whether or not you should use Bitcoin Trend, rather than trade Bitcoin manually, maybe these five reasons for using it will help you make a final decision.

Bitcoin Trend trades faster than any human

The fact is that people can never mimic a software program in terms of speed. Bitcoin trader is capable of searching the web in seconds, finding relevant information for improving the trades. Humans would take hours to collect the same amount of information, which would be outdated by the time they enter a trade.

Bitcoin Trend does everything automatically

Another benefit is that the trading robot is fully automated, and it can trade on its own without your involvement. You do need to deposit money and instruct it regarding how much to use per trade, what risk management tools to use, and alike, but other than that, you can pretty much leave it to do its work.

It has a demo trading system to practice on

Another great benefit is the demo trading system. This is basically a section of the robot where you can create an account and trade with fake money. It is used for practising and testing various strategies in a safe environment, rather than risking the funds in the live market.

It trades without emotions

One major disadvantage that human traders have is emotion. When you make several successful trades, you are more likely to enter risky trades, as you start thinking that you cannot lose. Sometimes, you may also hesitate due to uncertainty or fear of losing, which may result in missing out some great opportunities.

Bitcoin trader doesn’t have this problem. It operates strictly within the given parameters, using facts and information, rather than emotion and fear.

It has all the necessary technical analysis tools

The robot also has all the trading and technical analysis tools that allow it to follow the price performance, analyse its past performance, and make predictions for future performance. As such, it can be ready whenever the price moves in a favourable direction, while most traders would either get lost in their notes and enter positions too late, or miss the opportunity due to distractions and fear.

What’s the Best Way to Use Bitcoin Trend?

The best way to use the Bitcoin Trend robot is to give it instructions and watch it work. If you are a new trader, you may learn a lot about how to react in different situations, while existing traders can use it to further improve their trading.

The robot is very easy to use, as it can even operate on crypto derivatives platforms that offer Bitcoin CFDs and similar trading instruments. And, of course, you can always just use it for trading Bitcoin on regular exchanges. At the end of the day, the robot will either teach you how to trade, or help you earn if you don’t have the time, experience, or skill to trade yourself.

Has Bitcoin Trend ever Appeared on TV?

There are several TV shows where aspiring entrepreneurs can pitch their business ideas to successful businessmen in hopes of getting some of them to support such ideas. Dragons Den is one such show, and Shark Tank is another.

Dragons’ Den:

Unfortunately, we did not find any link between Dragons’ Den and Bitcoin Trend. This is not an indication that the robot is not legitimate, of course. Not every great solution out there has been presented in such shows. But, the fact of the matter is that the robot was not featured in any episode of these shows.

Shark Tank:

Bitcoin Trend was also not found in any episode of Shark Tank, as our research has indicated. That is a shame, as it could have received quite a bit of funding that way. However, its developers apparently had a different idea regarding how to go about financing the project.

Has Bitcoin Trend Ever Been Endorsed by a Celebrity?

There have been many celebrities that have been involved with the cryptocurrency industry, either with their own projects or through the endorsement of someone else’s.

Elon Musk

Elon Musk stated many times on Twitter that Dogecoin is his favourite crypto, and he has also praised Bitcoin’s decentralisation several times. He even admitted to owning a small amount of BTC that was previously gifted to him. Other than that, Musk is known for occasionally referencing the crypto industry in his tweet, usually in a joking manner, but he never addressed Bitcoin Trend robot.

Gwyneth Paltrow

Gwyneth Paltrow joined a crypto wallet Abra a few years back. She acted as a promoter for the wallet, and she seemed rather passionate about the wallet and the crypto industry. But, as far as her connection to Bitcoin Trend goes—it was never established, or even hinted at.

Mike Tyson

Mike Tyson launched his own crypto wallet nearly five years ago. Tyson became interested in cryptocurrencies quite early, launching a Bitcoin wallet, Bitcoin ATMs, and engaging with cryptocurrencies as far back as in 2015, possibly even earlier. However, to our knowledge, he has never had anything to do with Bitcoin Trend or other automated trading robots.

Ashton Kutcher

Ashton Kutcher is a celebrity and an actor who had invested in sports betting blockchain, and he even made major Bitcoin donations. However, he was also never linked to the Bitcoin Trend app.

5 Ways You Can Maximise Success with Bitcoin Trend

There are several things that you can use to maximise your success with Bitcoin Trend which do not have much to do with the technical aspects, but rather with how you use the app.

Start small

The first thing to remember is that you should start small. Especially if you are brand-new to crypto trading, or even if you have some experience, but have never used a trading bot before. In fact, even if you have used a bot in the past, you should still start small until you test Bitcoin Trend for yourself and see how well it works for you.

We mentioned several times already that the robot has a minimum deposit of $250, which is rather affordable for most traders. If the trade goes well, and after you see how well the robot works with the instructions you were able to provide, you can then increase the amount if and when you feel ready.

Save some profits

You should consider saving some of the profits that you made by withdrawing them directly to your bank account. You should also consider keeping some percentage of your earnings in your trading account.

Some of it can be used for further trades, or you can simply keep it there to be withdrawn in the future. That way, you won’t have to deposit new money in case some of your trades go south, and you lose some of the money, which is a realistic possibility, especially when it comes to the ever-volatile crypto industry.

Follow the advice of experts

If you are new to the crypto industry, that is nothing to be ashamed about. Even the greatest crypto experts of today were once new, and no one was born with the knowledge of how to trade or when to make (or not make) a certain move.

However, a smart thing to do is to use the advice offered by experts to your advantage. They often share their views of the market, advice on what is best to do at any given time, what to expect, or how to handle bull runs or bearish periods. You, of course, shouldn’t take their word as law, but you should hear them out.

In the end, you should decide what to do for yourself, but it is always beneficial to hear what more experienced traders have to say.

Keep a record for Tax Purposes

If you are new to crypto trading, keep in mind that cryptocurrency profits are still profits, and as such, they are subjected to taxation in most countries. The issue is that the process of calculating your crypto taxes can be very difficult, especially due to the shifting prices.

You, of course, need to report all of your transactions and profits, on all exchanges, brokerages, and alike, and that includes everything that your trading robot earns for you. So, our advice would be to keep detailed records of transactions, such as time, date, the amount won or lost during these trades, and alike.

It will definitely help in the long run, as it will be impossible to remember all the details at the time of filing taxes.

Only invest what you can afford to lose

Lastly, you should also be very careful with how you manage your money. We mentioned this once before, but it is all too easy to lose everything when trading crypto. The market is extremely volatile, the price goes up and down by thousands of dollars when it comes to Bitcoin, sometimes in mere minutes.

If you make a wrong move, it could cost you your entire balance, which would leave you with nothing. This is why you should always only trade with the money that you can afford to lose. Never risk the funds that are part of your savings.

Our Conclusion: Bitcoin Trend

In the end, we can say that Bitcoin Trend offers advanced AI software, great tools, easy and quick withdrawals and top-notch customer service.

Based on user reviews and online testimonials, it is every bit as genuine as Bitcoin Trader, Bitcoin Billionaire or Bitcoin Evolution.