Crypto Engine Review 2020 - Is It Worth It?
The crypto market is an inherently volatile place. This means that there are many opportunities for profit, as the prices are constantly changing drastically. Crypto Engine takes advantage of leading algorithms built to recognize these opportunities and trade on them automatically to ensure profit.
The technology allows users to catch trading opportunities which would otherwise be missed due to being too small or fast. As such we have prepared this review to go over this service in detail and see whether it is a good fit for novice traders, and not a scam looking to take advantage of eager newcomers.
What Is Crypto Engine?
Crypto Engine is one of the most effective crypto trading technologies available today. Its accuracy rate is at 95%, and it’s said to generate thousands of dollars of profit a day. In addition to Bitcoin, the platform allows for trading opportunities across the crypto market, including Ethereum and Bitcoin Gold.
It works in concert with reputable brokers to ensure that every trade is in line with regulations and best practices to provide security for all its users.
Features & Functionality
Who Created Crypto Engine?
Crypto Engine was created by twin brothers, where one brings years of trading experience to the table and the other extensive expertise in statistics. By combining their talents they created an award-winning platform which facilitates predictive analytics on the crypto market. They were able to create a leading robot through Artificial Intelligence and Machine Learning, adjusted to the specific needs of this volatile market, including keeping track of multiple tokens to maximize opportunities for profit.
The creation and availability of these new tools have opened up opportunities to make money off the crypto market to those who weren't professionally affiliated with the stock trading beforehand. Some users claim to earn up to $1,500 a day on the platform, which although might be a high expectation to have right off the bat it is not a completely unrealistic one.
Start Trading in 3 easy steps
Provide only your name, email and phone number and get started earning passive income in minutes.
The minimum deposit is $250 and we recommend not going higher than this for the first time.
All that's left to do is to begin trading, either automatically or manually. Ensure that you have applied the right stop-losses to minimize your exposure to loss.
What People Are Saying About Crypto Engine
Crypto Engine has made it possible for me to finally get in on the profits of crypto. I have wanted to for a long time but without any prior trading experience, I was really hesitant. All that changed once I came across this trading app. I started out small with the minimum deposit, but within days I was in profit. Since then, I've been hooked.
Ever since I started using Crypto Engine I have enjoyed more financial security than ever before. After one and half years my account has grown into a stable source of income, thanks to which I was finally able to pay off my mortgage. It's amazing how these new technologies have made it possible for so many more people to make money off the markets!
I always dreamed of retiring early, travelling the world with my family and living beach to beach. Of course, that's what I always thought it was - a dream. But after about 10 months of building up my account here on Crypto Engine, I am almost there! It doesn't happen right away, and you have to make sure you don't risk losing too much in any one trade. But oh man, when it hits the price and you make the trade, the potential profit is enormous!
I've only been on here for about 4 months but my account has already started generating handsome profits daily. I'm just about to finish off my university degree and before settling down to a company career I want to spend a year or two travelling the world. Thanks to Crypto Engine, this is now the plan!
Pros & Cons
Key Features of Crypto Engine
Some users claim to have succeeded at earning $1,500 a day using the platform. We would caution against expecting these kinds of earnings early on with the minimum deposit, but over time it is possible to reach these profits.
For safety purposes, users do need to have an account on the platform to use it. They must provide and verify their name and email address before they can make their first deposit. After that, all that is left is to get familiar with the platform and start trading.
The withdrawal process is quick and easy on Crypto Engine. You can do it at any time and within 24 hours your bank will receive the funds after processing. There is no limit to how often you can withdraw funds.
Costs and Fees
There are no fees or commissions that users are subject to. Everything that a user earns on the platform is theirs.
Ever since launching Crypto Engine has featured in several conversations. With upwards of 200,000 unique users, there have been many positive reports from across the globe where people boast of making a considerable passive profit from the bot.
To ensure that users are always able to get any questions answered, the platform provides 24/7 customer support, which in our experience has been instantly responsive and helpful.
Crypto Engine is affiliated exclusively with regulated and reputable brokers. A broker is made available as soon as an account is opened, and is there to help new users get acquainted with the platform and markets. This ensures that users learn best practices in risk management before an investment is made, in that way maximizing gains and ensuring safety.
Is Crypto Engine Legit?
We've found that Crypto Engine's reputation as the most advanced trading software out there is well deserved. The profits that they boast of are impressive at $1,500 a day for the more experienced users. These numbers are likely on the higher side and are likely unrealistic for a novice, which should be kept in mind to understand how to manage investments from the very beginning. However, the algorithm's accuracy is impressive, and combined with the availability of brokers and customer support make for a platform which facilitates trading for both new and experienced investors alike. An additional benefit to new traders is that full assistance from a registered broker is available, making it even easier to get started.
Through algorithmic trading, it's now possible to earn profits from small changes in the price of markets. These predictions are based on data analysis of the most sophisticated models in economics and finance. This way the robot catches the smallest changes in price across currencies and trading platforms, consistently growing in profits and learning through repeated interactions, becoming even more accurate in time. As such it is our verdict that Crypto Engine is entirely legitimate and real.
5 Reasons to Use Crypto Engine for Trading
1. Easy to Use
The layout of the platform is very easy to get around and learn quickly, designed for both experienced and beginner traders. It was purposefully designed this way to make it possible for a larger number of people to enter the crypto trading market.
2. Offers High Returns
Crypto Engine's accuracy rate of over 95% is very high and makes for impressive returns. One needs to remember however that even so there is still always a small chance that the prediction will be mistaken, which is why it's important to stay safe and be mindful of risk management.
3. Faster than a Human is Capable
Computationally we are able to detect many more trading opportunities than any single human watching the markets ever could. The robot gets the price information and processes it much quicker, while minimizing human error and optimizing profit opportunities.
4. Affiliated with Regulated Brokers
A crucial part of our review included doing background checks on the brokers we were put in contact with to ensure their legitimacy. We found that the brokers which are working with Crypto Engine are all verified and adhering to regulatory standards and practices. This is of vital importance to make sure your investments are safe and you are not being scammed.
5. Automated Trading
Crypto Engine makes it possible to earn money passively, without having to spend all your time in front of a screen the way traditional traders do. With the trading app, you set yourself up with the right safety controls and the algorithm earns money for you the rest of the time.
What’s the Best Way to Use Crypto Engine?
After the first step, account creation is completed, the best next thing to do is to get on a call with a broker who will walk you through the markets and give you any information or advice you're looking for. With their guidance on how to use the robot, you will become quickly acquainted with the ins and outs of the platform and market. Over time as you become more familiarized with the methodology experts use you will start recognizing the very same signals and start forming your own strategies.
At the point, you are ready to start investing real money, deposit the minimum $250 dollars while ensuring your safety guards are in place. Start small and keep going while becoming more comfortable with the platform, as well as listening to leading experts in the field. Always keep risk management in mind and keep withdrawing portions of your profits, while continually evolving and strengthening your positions. Make full use of the platform's features, including 24/7 customer support.
Has Crypto Engine Ever Appeared On TV?
Certain rumours about this trading robot have been circulating in forums online, such as that it has appeared on the UK and USA financial reality TV shows Dragons Den and Shark Tank. We looked closely at these claims in an attempt to check if there was any truth to these rumours.
There have certainly been rumours that the twin creators of Crypto Engine have been featured in the British show Dragons Den, but we couldn't find any episode where they appeared personally. Other software programs which made similar claims of algorithmic trading did show up on the show, but we found that Crypto Engine itself was never featured.
On this show from the U.S, a panel of experts evaluate the entrepreneurial ideas of contestants, and algorithmic trading technology has certainly been featured in the past. However, we couldn't find any proof that the specific robot featured was Crypto Engine.
Has Crypto Engine Ever Been Endorsed by a Celebrity?
Many high-profile celebrities have publicly endorsed Bitcoin and said that they stand behind it and believe it will only have a growing role in society. This has spurred some rumours that there have been certain celebrities who have publicly endorsed Crypto Engine. We take a closer look at some of those claims below.
A world-renowned hedge-fund manager and investor, Michael Novogratz has publicly endorsed Bitcoin and said that he expects the price to hit its all-time highs very soon. Although he is active in the Bitcoin space, it doesn't appear to be true that he has commented on this trading platform directly.
Bill Gates is an eager proponent of Bitcoin and its potential to empower the poorer in society, providing new opportunities for communities across the world. He speaks regularly on the topic of cryptocurrencies and has made his position and belief on Bitcoin quite clear. However, we were unable to find any evidence that he endorsed Crypto Engine directly.
A well-known wealthy entrepreneur Peter Jones is one of the stars on the hit show Dragons Den. He is a proponent of Bitcoin who is outspoken about the scams that circulate the internet claiming that he has spoken out in favour of any specific product. As such, we believe that the rumours about his endorsement are unfounded.
The famous Hollywood actor has been quoted as saying that the relevance of Bitcoin is only growing in society and that it is something worth investing in. He has been known to trade in numerous currencies, including both Bitcoin and XRP, as an active member of the crypto community. However, we were unable to confirm that he has spoken out about Crypto Engine specifically.
5 Ways You Can Maximise Success With Crypto Engine
The important thing to make sure to always keep in mind is that it is possible to lose money at any time. Due to the volatility of markets, one can never know with absolute certainty which way the price will go, so make sure to practice risk management which doesn't expose you to losing more than you can afford at any moment. Below we outline some of the industry's best practices which will help you stay safe while reaping profits.
As a general rule, we always recommend new users start small with their investments, no matter how excited they are about the trade. The minimum deposit is $250 and we strongly recommend starting out with no more than that, and then working slowly towards growing your account by reinvesting portions of your profits.
Save Some Profits
After earning some profits make sure to put some aside into savings. Although it's tempting to put back all your money into another trade to grow your account, remember that you're not going to have success with every single trade. Never risk losing everything.
Follow the Advice of Experts
There are endless resources online today from various experts providing insights into their strategies and analyses. Take full advantage of the community and learn as much as possible from those who do this professionally, and keep upgrading your strategies as your profits increase.
Keep a Record for Tax Purposes
This is an issue which varies from country to country, so make sure to check your local laws for taxation purposes. After all, capital gains from trading in Bitcoin are taxable and it is best to ensure you have good records from the very beginning so as to not regret it in the long run.
Only Invest What You Can Afford to Lose
Most importantly, always remember that you should never trade with more than you can afford to lose. It is always a possibility that the market will turn, no matter what happened previously, and as such, some trades will inevitably be losses. Ensure you are not be exposed to lose more than you can afford.
With one of the most impressive accuracy rates out there, Crypto Engine has proven to be a really powerful tool in the arsenal of crypto traders. The algorithm will continue to learn, becoming only more accurate in time, while continually generating profits for users. While it is computationally analyzing enormous amounts of data, looking for specific points for profit, the user can focus on the bigger picture and enjoy the benefits of generating income passively.
The most important thing to remember when starting out in trading is to always practice risk management and trade safely. No matter how accurate the algorithm there is always a chance that the markets will turn, meaning every trade carries the risk of loss. Keep withdrawing smaller quantities and reinvest only what you can afford to lose, and you could have a very profitable side-business soon.
If you're interested in learning more about what other similar platforms have to offer, we suggest you check out Bitcoin Era, Crypto Code and Bitcoin Formula. Those are some of the other trading platforms we have vetted and which offer interesting services of their own.