Bitcoin trading has become very popular over the past few years. With the increase in popularity, there have been many tools created that can help people enjoy profitability when trading. One of these tools is the BitQT app. This is a computer program that performs the functions of trading automatically.
BitQT app was created in the year 2018 as a way to help regular people trade bitcoin easily. The robot is quite popular due to the high supposed profitability that is touted by many of its users. The app requires very little input manually. It seems like a good option for people who have a limited budget because in order to start trading with it you only need $250 to start trading on the platform.
What is BitQT?
The BitQT app is essentially a robot that will automatically trade bitcoin for its users. The claimed win rate for this bot is 99.4 percent. The robot uses trading research that involves both fundamental and technical analysis. Essentially, the program will read and analyze trading charts and then identify trade patterns. It uses this information to make trades. Through machine learning, the AI will improve with data as it changes. This means that it can basically predict the profitability rate even as market conditions change.
Is BitQT a Scam ?
Through much research and investigation, it seems that the BitQT app is fairly reliable. It is partnered with brokers that are regulated. The app is powered by artificial intelligence as well as blockchain technology. The AI ensures consistent performance and the blockchain provides transparency. Users will be able to monitor their accounts in real time. Disputes can be raised through contracts at any time.
All important and crucial data is published on the BitQT website. This information includes the regulation and identity of the brokers that it is partnered with. When you choose a robot to use it is important to make sure that you pay attention to the brokers that are being used. If the partners are offshore brokers, there is a good chance that it is a scam.
It is easy to get started using the premium BitQT software. All you need to do is follow the instructions that are provided on the website. The robot will automatically make trades, but you will have to set up your personal risk settings before a live session is started.
There is an extensive trading guide provided that supplies new users with information about the risk management process. In addition, there are video tutorials available that explain all of the settings and you can use a demo account to practice what you learn about.
It is a good idea to practice and read about using the platform before you start live trading as this is the best way to avoid mistakes. The robot is high returning, but this does not mean that it does not come without risks. For this reason, it is important to make sure that you are only risking what you can afford to lose.
Registering an BitQT Account
You can set up a free account with BitQT on the home page. Simply verify your contact details and then agree to the terms and conditions that are provided. You should sign up for their mailing list as this is how customer service will reach you when there are any updates. ID verification is very important and it is used to help weed out the possibility of money laundering.
Deposits and Withdraws
After you have reviewed the app and how everything works, you can make a deposit to begin trading for real money. The minimum deposit amount is $250. There are several ways to fund your account including wire transfers, Skrill, and Neteller. You can also use a debit or credit card.
You can withdraw funds at any time. Typically the process will take 24 to 48 hours to complete. The process is quite simple and you should see your funds returned to your bank account quickly. It is recommended to take profits out of your account and only keep what you are willing to lose.
Live trading through BitQT is quite easy. It is important that you follow the trading guide that you will be given in order to get the best results. You will need to pay close attention to the risk settings. This is the area where many new traders make mistakes. You should make sure that you set up the stop loss and take the profit feature that is available. There is information about this in the guidelines.
Research the best times to run the app. Typically this will be when there is a high volatility. Most often the best times to run the app will be during day time trading hours, which are from eight am until four pm EDT. This is when trading is the highest on Wall Street, which leads to a higher volatility.
It is important to make sure that you turn the robot off when you are done live trading. If you fail to do this you will be subject to rollover fees. Brokers charge these fees on any trade options that are left open overnight or through the weekend. You should leave BitQT running for eight hours a day to get the best results.
Our BitQT Review conclusion:
The alleged win rate for BitQT is 99.4 percent. The claims state that it can generate a profit of up to $1000 each day with a deposit of only $250. However, there are no guarantees that the average user can make these types of profits and there is no proof of these claims. It is always important to remember that losing capital is a risk when you are performing any type of trade.
When it comes to testimonials and reviews about BitQT, most users seem to be quite happy using this software. Most of the reviews that are found about this particular trading bot state thatprofitability is consistent when using this bot.
Conclusion: BitQT is a great bitcoin and crypto trading app for beginners and professionals