Bitcoin Millionaire is the hottest name in the algorithmic trading space this week. The people behind the software are early adopters of Bitcoin itself. The software is a result of their changing views on the present state of the cryptocurrency market. According to the key people behind the software, the cryptocurrency market has been flat for a while and will stay so in the near future. The software named Bitcoin Millionaire is built to leverage the continuous price fluctuations of cryptocurrencies and other asset classes.
According to the developer’s website, the algorithms driving the software were designed with expert help from some of the best brains in the industry. At first glance, this software, which I could run on my browser, looks promising. In this Bitcoin millionaire review , I will try to break down my experience digging deep into the usability and utility of this new kid on the block.
|Trading App Name||Bitcoin Millionaire|
|Registration||Free(Include The Verification)|
|Verification||Under 10 mins|
|Profit Rate||85 %|
|Withdrawal time||24 hours|
|Regulatory body||CySEC (Liquidity)|
|User Data Encryption||Yes (AES 256-bit)|
|Customer Service||Live Chat, Email, and Call.|
|Order Execution Time||Less than 1 ms|
What is Bitcoin Millionaire?
Bitcoin Millionaire is a fully automated trading software that supports the buying and selling of cryptocurrencies, most notably Bitcoin. It is a SaaS software you can access with any browser on your phone or computer. The team behind the software claims to have incorporated short-term trading strategies into this product to capitalize on the price volatility of cryptocurrencies.
According to the official website, the software operates based on advanced algorithms designed by experts in the finance and tech world. Though the software can be used right away with the default settings, there is an option to tweak the parameters to customize the software for advanced traders. The service also comes with a customer support team and lets you trade with a broker of your choice available on the platform.
How to register on Bitcoin Millionaire
Creating an account for Bitcoin Millionaire is pretty straightforward. You can sign up on the official website with your email and it doesn’t cost anything. Once you register, they will send you a verification email that you would need to confirm. You may also have to wait a few seconds for the approval but the whole process can be done in less than five minutes.
Once your account is approved, you can choose a broker from the platform to carry out your trades. After that, you should load your trading account with the minimum deposit capital, which can vary with the broker chosen. Transactions on Bitcoin Millionaire support all popular payment methods, including major credit/ debit cards, e-wallets, and bank wire.
Once everything is in place, you can start trading by activating the software. If you are a beginner, you may activate the software right away with the default settings. If you are an expert looking for some flexibility in fixing the different trading parameters, you can tweak them to fit your needs.
Fill out your registration details at the form and submit it.
Fund Your Trading Account
If approved, you will be required to fund your trading account.
After funding your account, simply activate the Bitcoin Millionaire and let it make money for you.
Bitcoin Millionaire Main Features
The software offers a free and unlimited demo account supported by all the broking partners on the platform. This allows the investors to assess the software’s performance before putting real money on the table. Advanced users can also take advantage of this feature to test different combinations of trading parameters.
The software is integrated with a VPS (Virtual Private Server). This provides a shared server with dedicated resources isolated from other servers, ensuring uninterrupted operations even if you are offline. It also offers all the features of a private network without the cost.
With so much competition, closely tracking the price movements in real-time is a necessity to take advantage of the price movements in the cryptocurrency markets. The makers of the Bitcoin Millionaire software claim to leverage the best in cloud technology to track the price changes of assets faster and more accurately allowing its users to beat the retail investors who do the trades manually.
Bitcoin Millionaire offers more testing modes that allow advanced users to test different combinations of parameters on different asset classes to assess and verify the performance of each before implementing them on real capital. This will help optimize the performance of the software.
How Does the Bitcoin Millionaire Work?
Inside the Bitcoin Millionaire software, all trades can be automated. According to the official website, the software is programmed with advanced algorithms that can identify the most profitable trading opportunities in the crypto market and much else. The algorithms are designed based on research done by top economists, mathematicians, and programmers in the industry. The creators also claim that the algorithms are trained with advanced risk management strategies to prevent loss of capital.
Like other automated trading software, Bitcoin Millionaire also comes with the feature to instantly identify and act on the price movement patterns before manual traders do. But Bitcoin Millionaire goes one step further by using the Virtual Private Server (VPS) technology to execute the signals in real-time. The software comes as a SaaS (Software as a Service). The website is optimized for mobile and desktop browsers making them accessible from anywhere. This also eliminates the need for manual software updates.
Pros And Cons of Bitcoin Millionaire
I have compared Bitcoin Millionaire with other automated trading software available in the market. From my analysis, the software stands out among its competitors as a compelling option for both beginners and experts in the crypto trading ecosystem. I have identified the following advantages and disadvantages of the software.
Cost, Minimum Deposit, And of Profit Bitcoin Millionaire
Signing up for an account on Bitcoin Millionaire is free. All the approved beta testers will also gain access to the software free of cost. To start trading, you would have to choose a broker that is available on the platform. Though the minimum deposit capital on your trading account will be $250 for most brokers, they would not charge any transaction fee for deposits and withdrawals.
According to the key people behind the project, the profits you can make with Bitcoin Millionaire will depend upon several factors such as initial capital, early results, asset classes opted, trading activity, and risk management parameters chosen. The initial investment and early results set your starting position and other parameters make up your performance.
Cryptocurrencies Supported by Bitcoin Millionaire
On the Bitcoin Millionaire platform, you can trade with all the major cryptocurrencies, including Bitcoin, Ethereum, Ripple, BAT, and Litecoin. The software also allows you to trade with other major financial asset classes including Gold and Forex such as EURUSD and indexes like the S&P 500. The users can choose whatever asset class is hot on the market, without switching to another software or trading platform, making this a welcome add-on.
Customer Support of Bitcoin Millionaire
According to the software website, the platform offers round-the-clock customer support. The website boasts that they consider customer support to be a vital part of their whole service. The platform offers professional technical support via chat, email, and call.
They also ensure that the brokers they have partnered with also offer prompt support. From Bitcoin Millionaire reviews posted by its users on the web, I have found that their customer service stands up to their claims. Most of the users gave a nine or ten-star rating for tech support.
Bitcoin Millionaire Eligibility
Anyone with an email address can create a free account on Bitcoin Millionaire. People from over 150 countries, including the United States, can add money to their accounts and activate trading on the software. Users can choose from the brokers available in their country who have partnered with the platform.
People residing in countries where the federal government does not allow transacting with or buying cryptocurrencies would not be able to use the services of Bitcoin Millionaire. In the United States, you can experience the software without leaving out any of the features.
Following the blockchain revolution pioneered by Bitcoin, so many illegitimate businesses have popped up in the world of crypto. In the case of Bitcoin Millionaire, I have found out that their user policies are transparent and straightforward.
The Bitcoin Millionaire reviews I saw on the web by members of the community are also positive. They clearly mention on the official website that their income source is derived from trading on the price movements of Bitcoin and other cryptocurrencies. Bitcoin Millionaire is not a scam trading platform; it is legitimate software.
Final Verdict of Bitcoin Millionaire Review
Going through the official website and Bitcoin Millionaire reviews of users online, I think Bitcoin Millionaire software offers value, and hence, is worth checking out. Rolling out the software as a SaaS was also a welcome move. I think that using the VPS servers will give the software some edge over its competitors and will outperform manual retail traders by a large margin. I am also impressed by their decision to incorporate the feature to trade with multiple asset classes in the software.
According to the Bitcoin Millionaire reviews, the software seamlessly carries out trading on the crypto and other financial markets. The users also reported good earnings in their portfolios. This could mean that their trading algorithm is trained with a model that actually works.
The official website was also quite comprehensive, covering everything I was looking for, including the technical details. It has also addressed the major concerns expected from a novice trader. Overall, my Bitcoin Millionaire review is that I would recommend everyone to give this software a try.
FAQs of Bitcoin Millionaire
The official website claims that, to ensure client security, the software follows the highest level of security and encryption standards, which will ensure that client funds and customer data are safe. The platform also follows Anti-money laundering guidelines and Know Your Customer (KYC) policies to prevent any misuse
According to the official website, trades can be fully automated and the software can be used right out of the box with the default settings. Expert traders can tweak the software with custom trade parameters and it would take less than 20 minutes to set it up. According to the creators, this is done to make Bitcoin Millionaire useful for both beginners and pros alike.
As of now, anyone who signs up on the Bitcoin Millionaire platform can use the demo account for free as long as they want.
Traders can choose from the brokers supported by the Bitcoin Millionaire platform who have partnered with them. According to the official website, the service offers a large pool of brokers to choose from.
The software is offered in the SaaS format and can be run from any modern browser. According to the team behind the project, Bitcoin Millionaire is optimized for both mobile and desktop devices so that anyone can use it on their phone or laptop without downloading an app from the app store.