Bitcoin Prime Review 2023: Reliable Robot or Scam?
Bitcoin Prime Review 2023: Reliable Robot or Scam?
The Bitcoin Primee trading robot uses artificial intelligence to help investors trade automatically. According to the platform, the success rate of the trading robot is 90 %. Bitcoin Primee is reliable, or it is some other form of scam. In this Bitcoin Prime review, we review the features and characteristics of this trading robot. You will also know if the high claims of the platform are justified.
What is Bitcoin Prime?
Bitcoin Prime is an automatic trading system for Bitcoin and other popular cryptocurrencies. According to its developers, it relies on artificial intelligence and can manage trading operations on the user’s behalf.
The platform provides investors with a robot that allows them to execute thousands of automated trades in a brief period. The developers of Bitcoin Primee claim that the robot has a success rate of around 90%, and the platform works with regulated brokers. Unfortunately, we have not been able to verify this success rate claimed by the platform. That doesn’t mean it’s a scam; the promises should be scaled back.
Using Bitcoin Primee in almost all countries where cryptocurrency trading is allowed is possible. Our Bitcoin Prime review found that the robot scans the market. It subsequently detects profitable opportunities and then places orders for the trader.
Advantages and disadvantages of Bitcoin Prime
Advantages of the Bitcoin Prime trading robot
- A wide range of cryptocurrencies is available
- An easy-to-use trading platform
- Demo account
- Sophisticated algorithm
Disadvantages
- No mobile app
- Relatively high minimum deposit amount
- Only reserved for CFD trading
Crypto assets are unregulated and highly volatile investment products. They do not benefit from any protection in the European Union.
How does Bitcoin Prime work?
Like other trading robots from Immediate Edge, Bitcoin Prime’s process is quite simple. Register on the site for free, get a trading account and make your first deposit. Then, you configure the robot by mentioning the betting limits, and you let it trade for you. When Bitcoin Primee finds an opportunity, it will place an order. The robot can work 24/7. All you need is a stable internet connection.
The first thing we observed during our Bitcoin Primee review is that the platform uses an AI-based algorithm. According to the forum, this algorithm can decipher a large volume of transactions per second and make a profitable decision for the trader.
In addition, the operation of the Bitcoin Prime robot is based on the price movements of specific cryptocurrencies, which will explode. The robot analyzes an asset’s price fluctuations to identify the best time to complete a trade. The platform allows speculation on cryptocurrencies like Bitcoin, Ethereum, Bitcoin Cash, Litecoin, ZCash, Bitcoin Gold, Dash, Cardano, Ethereum Classic, IOTA, NEO, EOS, Binance Coin, and Ripple.
Key Features of Bitcoin Prime
Platform features and functionality are essential parts of our Bitcoin Primee review.
Bitcoin Prime demo account
Bitcoin Primee provides an opportunity for inexperienced users to test its functionality and find out what operations can be performed on it without risking real money. The demo account is identical to the real version. It has the same investment possibilities, but all within a demo with virtual money. Once you are familiar enough with how Bitcoin Prime works, then you can invest real money.
A wide choice of cryptocurrencies
On Bitcoin Prime, you speculate on the price movement of profitable cryptocurrencies through CFDs. In summary, you don’t own these assets but assume up or down to make a profit.
Bitcoin Prime supports a wide variety of cryptos in the form of CFDs. This is also the case with the BitAlpha AI robot. Thus, it is possible to trade more than 70 pairs of cryptocurrencies. It allows the creation of more profit opportunities for traders. For each crypto pair, the level of volatility is variable, and the price movements are unique.
Automated Trading
On Bitcoin Primee, the trading robot does the work for you. Once you have configured all the settings, there is nothing more you need to do.
The robot takes over to identify the best opportunities for you. As soon as it finds them, it performs the transactions. The platform claims that Bitcoin Primee would learn from successful transactions and from those that were unsuccessful. This would allow the software to trade better in the future.
Crypto assets are unregulated and highly volatile investment products. They do not benefit from any protection in the European Union.
Fees on Bitcoin Prime
In our Bitcoin Primee Tesla review, we looked at the various fees the auto trading platform offers. To trade on Bitcoin Prime, you will not be charged any fees. Nevertheless, profitable accounts will pay commissions of 2% of their earnings.
In addition, no deposit fees are applied, and you pay no fees for your first ten withdrawals of the month. A commission of 0.1% is applied after your 10th monthly withdrawal. You should also know that brokers may involve additional fees not dependent on Bitcoin Prime.
Is Bitcoin Prime a scam?
One of the questions you ask yourself in this Bitcoin Primee Tesla review is whether the bot is a scam. Bitcoin Prime claims to have a 90% success rate and partnerships with regulated brokers. Our team was unable to verify these claims. Therefore, you must be careful when investing in a trading robot. Placing only the minimum amount and testing the platform’s reliability would be better.
On the internet, Bitcoin Primee Trustpilot reviews are low, but you should not rely on this alone to confirm the reliability of an auto trading platform. Also, you need to check Bitcoin Primee reviews in forums. There, you can read the testimonials of people who have used the trading robot. In our Tesla Bitcoin Primee review, we noticed that the identity of the owner of the platform is unknown, which casts doubt on the bot. In addition, there are many rumors that Elon Musk, the founder of Tesla, is related to Bitcoin Primee and Bitcoin 360 AI. However, these supposed Bitcoin Prime reviews from Musk are unfounded.
Bitcoin Prime Customer Service
Bitcoin Prime has a customer support service to solve their customers’ difficulties in real-time. You can share your concerns and problems with them by emailing them with all the necessary information. The platform claims that you will be assigned an account manager to explain how the trading robot works once you register.
The Bitcoin Prime trading platform
According to Bitcoin Primee, the platform offers users an intuitive interface and a clean design for easy navigation. Accessing Bitcoin Primee from your PC without downloading any software is possible. Like BitIQ, you must open your browser and visit the official Bitcoin Primee website. You can also trade with Bitcoin Prime using your internet browser on mobile. This web-optimized version of Bitcoin Prime allows you to change even on the go.
Additionally, Bitcoin Prime claims that its trading platform is integrated with MetaTrader 4 (MT4). It is one of the most popular trading platforms in the world. MT4 provides its users with a diverse range of technical analysis tools.
How to use Bitcoin Prime?
To start using Bitcoin Prime, follow a few simple steps. The approach is similar to Bitcoin Trader. Let’s see this in detail!
Register on Bitcoin Prime
You need to create an account on Bitcoin Primee to use the trading robot. To do this, all you have to do is go to the official website of Bitcoin Prime. Once you are on the homepage, you will see an online form to fill out. You will need to mention your name, email address, and telephone number. When all the information is filled in, click “Open my account.”
You will then receive a confirmation email asking you to complete some of your information. Once you do, your account will be up and running.
Deposit funds
You must make an initial deposit to operate the Bitcoin Primee trading robot. The minimum amount you will have to pay is €250. It should be noted that you can make this deposit by bank transfer or by using a credit or debit card.
Test the platform in a demo account.
Bitcoin Prime allows its users to practice in a free demo account. This will enable you to refine your strategy and master the different parameters of the trading robot. Getting familiar with the platform will take you about 30 minutes.
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Start live trading
When you have mastered the settings of Bitcoin Prime enough, you can now invest real money. To do this, you must first configure specific parameters within the platform so that the operations run automatically. These settings only change if you decide to change them. You should know that trading cryptocurrencies can have advantages. However, it also carries risks if the operations are improper.
Bitcoin Prime review – is it reliable?
Bitcoin Primee is a trading robot that claims to have a 90% success rate and deals with regulated brokers. In addition, the platform claims to use a very sophisticated algorithm to analyze the cryptocurrency market and identify winning trades for its user. Also, investors who manage to make money must pay 2% for each transaction.
However, we recommend only investing amounts you can afford to lose. Indeed, many trading robots make unverified claims to lure customers. However, you can opt for trading robots with certain reliability because they have been established for years.
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Bitcoin Prime Review 2023: Reliable Robot or Scam?
