Business2Community is not affiliated with any of the Bitcoin robots featured on this page. We only facilitate traffic to these platforms. Please be aware that trading with crypto robots carries significant risk. There is no guarantee of a return on investment, and users should proceed with caution and conduct their own research before engaging in any trading activities.
The Bitcode Method allows new traders to access the Bitcoin market and analyze charts, providing a complete view of price movements. However, evaluating the legitimacy of crypto platforms is important due to the rise of online scams.
Is Bitcode Method legit or a scam?
In this Bitcode Method review, we’ll explore its features, user feedback, and financial aspects to determine its legitimacy.
Bitcode Method Summary
We’ll start off our Bitcode Method review with an overview of the platform:
| đș Platform type | Automated crypto trading platform |
| đ Supported cryptocurrencies | BTC, ETH, XRP, USDT |
| đ Withdrawal time | Same day |
| đ” Minimum deposit | $250 |
| đ„ Claimed success rate | Not specified |
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
What is Bitcode Method?
Bitcode Method is an automated trading platform that can trade several cryptocurrencies and mega-cap stocks on behalf of users. It offers a way for beginner and experienced traders to try to profit from the market without spending all day studying price movements.
The Bitcode Method utilizes an AI-powered crypto trading bot to identify price patterns that indicate a cryptocurrency or stock might experience significant price movements. Once these patterns are detected, the trading bot will automatically open and close trades on behalf of the user without the need for manual intervention. This means users don’t have to lift a finger to execute trades.
Bitcode Method is capable of trading 4 of the most popular cryptocurrencies and FAANG stocks. The service is free but requires a $250 minimum deposit to open a trading account. All traders using Bitcode Method have access to 24/7 customer support.
Bitcode Method Pros & Cons
Pros
- Free to use
- Claims to automatically trade 4 popular cryptocurrencies
- Claims to utomatically trade FAANG stocks
- Demo mode available
- 24/7 customer support
- Same-day withdrawals with no fees
- Accepts credit cards, debit cards, e-wallets, and bank transfers
- Positive user reviews
Cons
- Requires a $250 minimum deposit
- Does not support manual trading or alerts
- Does not offer mobile app
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
How Does Bitcode Method Work?
Bitcode Method claims to use AI to trade the market. The algorithm of the platform is trained to identify predictable price patterns, which are used to open trades with a trader’s funds.
The algorithm then monitors the progression of the price pattern and movement. When the profit target or stop loss for the trade is reached, Bitcode Method automatically exits the trade and returns the funds – including any profit – to the user’s trading account. The funds can then be used for another trade.
Bitcode Methods may place several trades daily and can have multiple trades on different crypto trading pairs or stocks open simultaneously. Traders can monitor their accounts, but the platform does not support manual trading at this time.
Bitcode Method Key Features
Our Bitcode Method review identified several features that help this platform stand out.
-
Multiple Crypto Trading Pairs
Bitcode Method claims to support trading across 4 USD trading pairs: Bitcoin, Ethereum, Ripple, and Tether. These represent some of the largest cryptocurrencies by market cap, ensuring plenty of liquidity for trading under all market conditions. Bitcoin, Ethereum, and Ripple are also highly volatile and offer frequent opportunities for trading.
The platform can also trade BTC/USDT and ETH/USDT. These additional trading pairs allow Bitcode Method to take advantage of any deviations in the price of the stablecoin USDT from its $1 peg.
-
Stock Trading
In addition to cryptocurrency trading, Bitcode Method supports stock trading on a limited selection of mega-cap US stocks. Specifically, the platform can trade the FAANG stocks – Facebook (now Meta) stock, Apple stock, Amazon stock, Netflix stock, and Google stock.
-
Demo Trading Account
Bitcode Method offers a demo account to new traders who want to test the platform. This way, traders can see how Bitcode Method works without risking actual money in the market. The algorithm performs normally in demo mode, but trades are opened using virtual money instead of a trader’s actual account balance.
The demo trading account allows traders to adjust the algorithm’s parameters in Bitcode Method. They can make the algorithm more or less sensitive to price patterns under different market conditions.
-
Streamlined Payments
Bitcode Method makes it relatively straightforward for traders to move money into and out of their trading accounts. The platform accepts deposits by credit or debit card, bank transfer, PayPal, Yandex, Skrill, and Neteller. It also accepts BTC, ETH, XRP, or USDT cryptocurrency transfers. There are no fees on deposits or withdrawals, and withdrawals are typically processed in less than 24 hours.
-
24/7 Support
Bitcode Method provides human support 24 hours a day, 7 days a week. Support is available through in-app chat or over the phone. All traders also have access to a personal account manager to help them navigate the platform.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
Bitcode Method Fees
Bitcode Method is completely free to use. The platform does not charge a registration or subscription fee for using its services. Bitcode Method also doesn’t take a commission on traders’ profits. There are no deposit, withdrawal, or inactivity fees if traders take a break from the platform.
| Account fees | None |
| Deposit/withdrawal fees | None |
| Commissions | None |
Bitcode Method Minimum Deposit
Bitcode Method requires a minimum deposit of $250 when opening a new account. This is the money that the platform uses to begin trading on a user’s behalf.
The deposit can be paid by debit card, credit card, bank transfer, e-wallet, or crypto transfer. There are no deposit fees and no withdrawal fees. Traders who try out Bitcode Method and decide it isn’t right for them can withdraw their deposit anytime.
Bitcode Method Customer Support
Bitcode Method claims to offer 24/7 customer support by phone and in-app live chat. New traders are also assigned a dedicated account manager when they join the platform. Note that there is no way to contact Bitcode Method’s support team before signing up.
Is Bitcode Method a Scam?
One of the questions we want to answer with this review is, Is Bitcode Method a scam? Our Bitcode Method review found that, broadly speaking, this platform’s service is similar to what other automated crypto trading platforms offer. The service does not make claims about its performance or success rate, but Bitcode Method reviews are generally positive and testimonials speak to how the platform has helped users make money.
However, we could not verify the claims made by Bitcode Method. Traders can try out the platform for themselves using the demo account. While this requires making the minimum deposit to open an account, there are no deposit or withdrawal fees. In fact, Bitcode Method doesn’t charge any fees at all for using its service.
How to Use Bitcode Method
Ready to give Bitcode Method a try? Weâll walk traders through the steps to register a new account and start trading with this platform?
Step 1: Sign Up for Bitcode Method
Head to Bitcode Methodâs website and find the registration box at the top of the page. Traders must enter their name, email, and phone number, then click âRegister for Free.â
Step 2: Deposit Funds
To complete registration, deposit at least $250. Bitcode Method accepts debit cards, credit cards, bank transfers, e-wallets, and crypto transfers, all with no deposit fees.
Step 3: Demo Trading
All new Bitcode Method accounts start in demo mode, making it easy to test the platform before risking real money in the market. Traders can navigate the platform and adjust the algorithmâs sensitivity to match current market conditions. An account manager should also be available to answer questions during this time.
Step 4: Live Trading
Once traders are satisfied with Bitcode Methodâs simulated performance, they can switch to live trading. Simply toggle the platform from demo mode to live trading mode using the switch in the account dashboard. Bitcode Method will instantly begin finding trades and executing them using the money in a traderâs account.
The Verdict
It is clear from the Bitcode Method review that it is a trustworthy trading robot that can make trading easier and boost traders’ profits. The bot offers unique social features that allow traders to connect with a trading community. The community can access forums to communicate and engage with other traders on the same journey.
It does require an initial deposit of trading capital however, and we recommend starting with the minimum amount and testing out the withdrawal process early on.
However, considering the increasing number of scams, it is important to consider the security, user experience, customer support, and payouts before using Bitcode Method.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.