What exactly is Bitcoin Profit?
Bitcoin Profit is a platform created by John Mayers in 2017, whose software allows you to trade Bitcoin automatically, without having the need to control the trades.
Once you create an account on the Bitcoin Profit platform, you just have to configure it according to the signals and trends emitted, and Bitcoin Profit will do all the work for you. The algorithm is very complex, but the interface on the platform is smooth and user-friendly.
Bitcoin Profit’s CEO, John Mayers, created this software which claims to operate much faster than its competitors, but the most important question is: Is it really reliable?
*Remember all trading risks and you shouldn’t risk more then you can afford to lose.
Has Bitcoin Profit Been Featured in the Media?
Before we start reviewing the Bitcoin Profit and its services, we searched online to find relevant information about them. Some of the information we found linked the Bitcoin Profit with some popular TV shows and celebrities. According to the information, the Bitcoin Profit was endorsed by those popular shows and celebrities. We realized that there is a need to confirm the authenticity of those claims.
We found some online articles which linked the Bitcoin Profit with the popular TV show Dragon’s Den. We found out that the claims were not valid as there is no mention of a direct affiliation between the Bitcoin Profit and the Dragon’s Den.
Some of the content we found online indicated that the Bitcoin Profit is strongly affiliated with the TV show Dragon’s Den. Well, our findings show that this is not true, at least not yet.
Shark Tank is another popular TV show that has been affiliated with the Bitcoin Profit. According to the contents, Shark Tank endorsed the Bitcoin Profit, but the information we found contradicts the reports.
We believe that marketers are promoting this false information online so they can attract more people to use their copied software. Due to the popularity of the TV show, the marketers believe using this name in conjunction with the Bitcoin Profit, will help them gain more users.
Asides from TV shows, we encountered some content were celebrities endorsed the Bitcoin Profit publicly. We dug further to find out the truth for ourselves, and here are the results of our findings:
Bill Gates commented that he believes cryptocurrencies can be better than the fiat currencies we currently use. However, his statement has been twisted to sound like he endorsed auto trading tools like the Bitcoin Profit. That is not the case as we didn’t find any evidence to determine if he mentioned or encouraged the use of the Bitcoin Profit software.
Sir Richard Branson
Richard Branson is another famous investor who has made public his admiration of Bitcoin and the new opportunities now available to the market. Despite his praise for cryptocurrencies, he doesn’t have any investment with the Bitcoin Profit neither has he endorsed the use of the software.
Chamath Palihapitiya is the brain behind AOL. As a smart investor with private Bitcoin holdings, he hasn’t endorsed the Bitcoin Profit software or invested in the company. The information circulating online that Chamath is affiliated with the Bitcoin Profit is false, and there is no proof to back up the claims.
The British celebrity chef and serial entrepreneur is another popular figure that has been falsely linked to the Bitcoin Profit platform. He doesn’t have any direct link with the Bitcoin Profit and hasn’t endorsed them in any way.
Although there is much useful information online currently, you should always visit the Bitcoin Profit’s verified website to get accurate information.
- Fully automated trading
- Very high win rate
- For both large and small traders
Should We Expect a Mobile App for Bitcoin Profit?
At the moment, there is no mobile app for the Bitcoin Profit. We searched the iOS and Android app stores and couldn’t see an app for the Bitcoin Profit. The Bitcoin Profit can however be accessed via any browser using a mobile phone or a computer.
How does Bitcoin Profit work?
Bitcoin Profit works similar to other robots like Bitcoin Future, although it claims to have features that make it different from the rest. This crypto trading robot has been said by many to be reliable but also very easy to use.
The Bitcoin Profit software claims it can read the signals it receives from the market trends, then analyses them and establishes a percentage of success in different operations. If you configure it in the right way, Bitcoin Profit claims it will be in charge of identifying the best opportunities in the crypto market and making the most profit possible.
The Bitcoin Profit software is completely free and they do not charge you anything by using it, except the 1% commission on all your successful operations.
The earnings of John Mayers and the entire team behind Bitcoin Profit are based on the success of its users. If people fail to succeed within the platform, Bitcoin Profit would fall into bankruptcy.
Pros and Cons of Bitcoin Profit
- Free of charge: You can use the program for free. It charges no commission or transaction fees. Since the robot receives payment for every user, it links to a broker; it does not need to charge the user directly.
- Reputable app: BTC Profit app has received several accolades from traders as one of the best cryptocurrency trading apps.
- Zero experience: The robot uses a sophisticated algorithm to conduct trading on behalf of the trader. You do not need the experience to trade successfully unless you choose the manual option.
- Demo account: It has a demo account where traders can try the operation of the robot before putting in their money.
- Fake websites: The main setback the robot suffers is the number of fake sites that dupe traders. Most traders who have declared BTC Profit as a scam refer to these fraudulent websites and their affiliate links often. While this review states only one, there are chances that there might be more
- No Broker freedom: The user never gets a chance to choose the broker of their choice as the robot does this automatically.
Registering with Bitcoin Profit is simple and has the same process as other recommended robots. It consists of 3 steps; signing up, depositing into your account, and then simply hitting the button ‘auto-trading’. Follow the instructions below to start trading now.
STEP 1: REGISTRATION
Registering is easy, you’ll need to fill out your name, email address, phone number and then set a password. Signing up is completely free, click the link below to get started. Once signed up, you’ll receive a confirmation email and will need to verify your account.
STEP 2: DEPOSIT
Once into your account, hit the deposit button to get started. You will need to deposit the minimum amount, which is $250, and we’d recommend not going over this on day 1. Start small and grow. Bitcoin Profit offers several payment methods, with card payments being the most popular.
STEP 3: AUTO-TRADING
Once you have funded your account, you will need to decide the trade settings you intend to use. This includes managing your risk by determining your stop loss and take profit limits. You can also decide which cryptocurrencies you want to trade and how many you want to trade at once.
How It Works
The role of this software is to scour the bitcoin markets and look for favourable positions for traders. Its purpose is to generate signals which can alert traders about when to enter and exit trade positions. The software is programmed to perform under superior technology. Since it works at high speeds to analyse the markets, it is capable of helping traders execute profitable trades.
Traders are responsible for paying attention to the alerts that are sent to them. The software doesn’t require them to undertake complex analysis or study complicated graphs and historical data. It does require them just to take the right action at the right time.
Did You Know?
The smallest unit of a single Bitcoin is eponymously named after the creator of the first crypto coin – Satoshi. Other Altcoins can also be broken down into small fractions. The established practice is that users should be able to invest as little as 1/10 of the total value of the given crypto token. This is how small-time investors usually get started. If there is an upward market trend when this happens, the virtual monetary amount that they are in possession of slowly begins to gain value.
Offers a Complete Web-Based Solution
When you sign up with BTC Profit, you will get access to a complete web-based solution. At no point will you be required to install or download any app. You can use the app directly from your browser. Its compatibility with various operating systems makes it really convenient to use.
Bitcoin Profit Review: Our Conclusion
Over the past few years, it has become apparent that there is a massive earning potential within the crypto market. However, most people are not sure how to start making money trading digital currencies. Automated trading software, like the Bitcoin Profit, has helped solve this problem for many people. The software has made it possible for people to earn passive income trading cryptocurrencies, regardless of their level of knowledge.
We tested the crucial features available on the Bitcoin Profit, and we were pleased by our findings. The software has an excellent user interface, which is also very responsive, thus making it easy for anyone to use. The payment system has been streamlined to enable easy and fast deposit and withdrawal of funds at all times. With several payment options available, you can pick the one most suitable for you.
The customer support team is available 24/7 and is comprised of individuals with an in-depth knowledge of the financial markets. The trading software is automated, which means that it generates the trading signals and executes the trades for you. Ultimately, you don’t have to do much. The win ratio here is over 95%, which makes it one of the most successful cryptocurrency trading software currently available on the market.
- Fully automated trading
- Very high win rate
- For both large and small traders
Does the Bitcoin Profit really have a high win ratio?
Yes, it does. From our personal experience and calculations, we can confirm that the success rate of the Bitcoin Profit software is over 95%. This figure is impressive and makes it one of the best in the industry.
Which celebrities endorsed the Bitcoin Profit?
No celebrity has endorsed the Bitcoin Profit software yet. We checked the several claims online and realized that there is no public endorsement of the Bitcoin Profit by celebrities or TV shows at the moment.
Is it possible to withdraw Bitcoins from My Bitcoin Profit account to a crypto wallet?
No, it is not possible. While trades are executed in BTC or other cryptocurrencies, the earnings are converted to fiat currency and deposited into your bank account. That way, you don’t have to worry about maintaining a Bitcoin wallet.
Is Bitcoin Profit affiliated with any other trading platform?
No, it is not. The Bitcoin Profit is an independent auto trading platform. While there are platforms with similar names, they have no connections with each other. The Bitcoin Profit is only interested in granting users access to the cryptocurrency market and allowing them to make profits in the process.
What is Bitcoin?
Bitcoin is the leading digital currency that has been around since 2009. It is managed via a decentralized system called the Blockchain technology which gives it several beneficial features and security. Satoshi Nakamoto is said to have created Bitcoin, and the cryptocurrency has slowly gained acceptance over the past decade due to its fast and reliable mode of transaction.
What do I need before I can start using the Bitcoin Profit?
There is no special requirement needed before you can start using the Bitcoin Profit. Users don’t need an in-depth knowledge of the financial markets or training on trading cryptocurrencies before they can use the Bitcoin Profit. Anyone can use the Bitcoin Profit to trade the cryptocurrencies and to make massive profits from this software.
More and more robots are emerging for Bitcoin Trading which makes people find it very difficult to choose the most suitable for them. If you want to know more about Bitcoin Profit, we invite you to continue reading after trying this software ourselves.