BitQT Review — Scam or Legit?

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.

Our BitQT review delves into the functionalities and potential of this Bitcoin trading robot. As automated trading gains prominence, platforms like BitQT become vital for investors seeking efficient and reliable trading solutions.

Understanding the capabilities of such robots is pivotal in making informed decisions in the ever-evolving digital assets market.

What Is BitQT?

BitQT is a cryptocurrency auto-trading robot that helps users navigate trading in the crypto market. Using technology such as artificial intelligence and machine learning, BitQT can scan the crypto market for the most profitable trades.

Running on AI and ML software, the BitQT robot claims to scan the market in seconds, while considering an asset’s technical and fundamental outputs.

BitQT can buy, sell, and execute trades with little human interference. It can also set market limits, including stop loss and take profit levels. Several investors turn to crypto trading bots due to their higher sense of emotional control.

For a platform using such sophisticated technology, BitQT is quite easy to use. This Bitcoin robot is user-friendly and properly streamlined. New users can easily navigate and find what they want without much hassle.

Furthermore, BitQT only allows users to trade crypto CFDs. CFDs stand for contract for differences (CFD). These are financial derivative products that allow users to trade the price movements of an asset without owning them. In essence, an investor agrees with a seller to buy or sell an asset for a particular price at a later date.

Investors profit from the marked differences between the purchasing price and when the contract expires. When you buy Ethereum with BitQT, you’re buying the CFD, not ETH itself.

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

BitQT Pros & Cons

How Does BitQT Work?

As we mentioned earlier, BitQT scans the market for profitable trading positions and can execute buy or sell orders for digital assets on your behalf. These strategies are largely driven by preset lines of codes that allow the BitQT protocol to consider an asset’s technical and fundamental details.

Once a profitable trading opportunity is identified, the crypto trading bot sends the transaction to one of its partners to execute the trades. This means you would have to sign up for an account with one (or more) of the supported platforms. These platforms can then execute the trades based on the market data and information supplied by the BitQT app.

BitQT then monitors the trade to make sure that you turn a profit. Deploying high-frequency trading (HFT) strategies, our BitQT review discovered that some of its strategies include scalping and short-selling techniques to make quick profits from price movements. This way, an investor can easily generate passive income without much stress.

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

BitQT Key Features

It’s tedious to make a living as a cryptocurrency trader. BitQT, on the other hand, claims to have several crucial features that can help you earn more money with little effort on your part. In this BitQT review, we’ll look at a few:

User-Friendly Platform

For a sophisticated platform, BitQT is highly user-centric in its operations. This is apparent from its streamlined registration process, which only requires your email, mobile number, and password. The general platform is also easy to navigate, and you can turn to the demo account to better acclimatize its operations.

Singular Payment Structure

BitQT requires users to make a singular deposit of $250 with no extra charges for deposits and withdrawals. This sum is used to provide liquidity for the trading bot to scan the market for profitable ideas.

AI-Powered Framework

BitQT gives investors an edge in hitting their financial targets due to sophisticated software like AI and ML. Given the use of this automated software, BitQT can easily identify profitable trading opportunities faster than a human would. The lack of emotions also means BitQT could be objective in its trading activities. This makes it a highly efficient method of trading the crypto market.

Minimum Deposit

There is only one criterion to begin trading with BitQT — a $250 deposit. In a couple of seconds, it will appear on your account. There is no commission structure in place for this product. It’s quite likely that the capital you make from all transactions with the relevant brokers will be credited to your account.

Claimed Success Rate

One of the most appealing aspects of BitQT is the profit rate it claims to provide. In terms of numbers, it has been claimed that the platform has a 90% winning rate. Putting this into perspective, 990 out of every 1,000 trades done by the bot would result in gains.

However, it’s contingent on a few criteria, including the size of your initial investment and whether or not you used leverage in your account. However, it’s impossible for us to verify this success rate, as we can only rely on the company’s word.

We recommend exercising caution when trading with cryptocurrencies as all trading carries risk.

BitQT Fees

What Is the Minimum Deposit for BitQT?

The minimal deposit to access the software is $250. Although you have the option of making a bigger deposit, it is recommended that you start with the smallest payment possible until you are confident that the robot reaches the profit rate.

Keep in mind that you might be subjected to fees from the brokers after paying this deposit. These include trading and account management fees.

Availability by Device

You can use BitQT on practically any device — laptops, computers, tablets, and smartphones. It supports both iOS and Android devices.

Similarly, there are no limitations when it comes to the search engine you use — Chrome, Safari, Firefox, IE, or any other browser will work fine.

Availability by Country

Like many other trading bots, BitQT is not available to you if you’re a resident of the US or UK. However, there are plenty of countries that will allow it — here are some:

• Australia
• Austria
• Denmark
• Finland
• France
• Germany
• New Zealand
• Norway
• Poland
• Romania
• Sweden
• Switzerland

Notable Celebrity Endorsements

While celebrity endorsements shouldn’t be the most important thing to factor in when investing your money, it’s clear that they have a certain sway on the crypto market — see Elon Musk and Dogecoin.

When it comes to BitQT, the aforementioned Elon Musk, as well as Richard Branson and Gordon Ramsay have been connected to the company in social media.

However, this should be an afterthought when making your investment moves — do your research and make an informed decision, regardless of any rumored endorsements.

BitQT Customer Support

BitQT displays its contact information on the platform’s home page. The customer service department can be contacted via email and Skype. They claim to be one of the best in the industry to deliver exceptional customer service. Unfortunately, as we discovered throughout our BitQT reviews, one of the crypto robot’s quirks is the absence of live chat or phone assistance.

Is BitQT a Scam?

We caution users to tread carefully while using this platform. This is because other BitQT reviews and ours have not been able to point out the development team behind the project. This leaves a lot of room for questionable conduct.

Despite its claimed high success rate, we wouldn’t put much weight on it if you intend to go forward with the platform. All trading carries risks.

The Verdict

As the crypto market has grown in popularity, many investors are drawn to the prospect of generating a passive income through coins. This is why cryptocurrency trading bots are so popular. These trading robots were created to relieve traders of the burden of research by allowing you to automate your trading process and profit from the nascent financial space.

BitQT is one such trading bot. Our BitQT review has pointed out the platform’s AI and its high success rate. However, this is largely unverified, as our review has shown. If you’re ready to get started with this auto trading robot, you can click on the link below.

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

FAQs