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 cryptocurrency market has earned a lot of money for people in the past, attracting even its harshest critics. However, many struggle to make profits because they lack knowledge and the market is very volatile. Crypto trading solutions are available to help these individuals by using advanced methods to trade on their behalf.
CoinGPT promotes itself as one of these tools. This trading software asserts that it offers the ‘best trading experience for investors of all skill levels.’ Users are assured access to a variety of cryptocurrencies to trade, along with an easy-to-use interface for everyone. This CoinGPT review will examine the truth of these claims to determine if the platform is worth your attention.
CoinGPT Summary
From the CoinGPT website below is a summary of this platform:
| 💠 Supported tokens | BTC, ETH, LTC, BCH and others |
| 🏺 Success Rate | Not provided |
| 💵 Minimum Deposit | Not stated |
| 🕘 Withdrawal Speed | 24 hours |
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
What is CoinGPT?
CoinGPT plays on the wording of OpenAI’s ChatGPT tool to advertise itself as the premiere crypto trading platform that allows hands-free trading. The official website says that users of all levels can buy and sell top digital assets without the need to constantly monitor the crypto market conditions and price action.
The site claims that users can use the trading tools available on the platform to make gains even under bear market conditions – which, as we all know, are still prevalent even to this day.
Trading on the platform first requires a minimum deposit. However, we couldn’t find any information about what the minimum deposit is. But if it is anything like other crypto trading platforms of the same nature – it is that you need to deposit at least $250 to get started. This may be a big amount, but if the site’s claims are true, CoinGPT may make a lot of gains for traders.
Multiple cryptocurrencies on CoinGPT, including Bitcoin, Ethereum, Ethereum Classic, Ripple, Miota, and a handful of other popular altcoins in the market.
The signup process for this platform is simple. And since the site doesn’t specify that it has a KYC requirement, it is likely that it is available all across the globe.
The site claims to have multiple security measures. A quick run at the ScamAdviser website has revealed that it has implemented SSL certification. DNSFilter finds this website safe, and Flashstart hasn’t detected any phishing.
One thing to note here is that the makers of CoinGPT have not revealed their identities. And there are also rumors of celebs endorsing it – for which we didn’t find any evidence.
The platform lacks information, and what we were able to gather came from third-party sites. Reputed as these sites may be, investors are recommended to do their own research and assess the terms and conditions before getting started.
CoinGPT Pros and Cons
Listed below are the pros and cons of the CoinGPT trading platform:
Pros
- The site claims a high success rate
- It is easy to create an account
- Multiple cryptocurrencies supported
- A demo trading account is available – according to the claims
- The site claims that there is no transaction fee levied on traders
- It advertises to use of a highly secure approach to trading
Cons
- The platform is severely light on information
- No detail is available about the makers of this platform
- There is no historical data indicating the success rate of this site
- The minimum deposit requirement is likely $250 – which is high for newbies
How Does CoinGPT Work?
CoinGPT claims to be a high-end automated trading platform that uses machine-learned mechanics and historical data analysis to establish patterns in the price charts to predict price movement. It supposedly allows CoinGPT to make quick trading decisions that users can profit from.
The process begins once a trader deposits the minimum amount, at which point CoinGPT may get into action and scan the markets for the best trading opportunities. According to CoinGPT, the crypto robot it employs focuses on finding tokens that have hit bottom with the possibility of bouncing back. The app then buys the asset and waits for it to peak – at which point it sells the asset and transfers the profits back to the user’s account.
CoinGPT says that this facility is available on all devices. While we couldn’t assess it because much of the information is locked behind the deposit requirement, we did find the site responsive on mobile. The site has apparently employed meta trader 4 to make trades more worthwhile and powerful.
While the platform claims to have a high success rate, historical data or audit information is not available. The site is also low on information available on the home page. Therefore, we recommend that our readers stay cautious while trading on this platform and learn that crypto trading doesn’t come with guaranteed winnings.
CoinGPT Key Features
Listed below are the key features that CoinGPT claims it has:
Intuitive website
A good user interface is essential for traders to effortlessly navigate the market. The crypto space is complicated enough as it is, and not fighting a platform’s complexity while going through that space is a great plus. CoinGPT claims that it has a UI that all traders – veterans and novices – would appreciate. All the charting tools can reportedly be accessed quickly.
While we can’t comment on the UI as a whole, we can say that the signup format is a simple one.
Reportedly Successful Platform
CoinGPT claims that its in-built trading mechanics that self-execute trades on an investor’s behalf are successful most of the time. The claimed win rate is high – which might increase the chances of those who use this platform. We couldn’t verify the win rate since no information was available publicly. Investors must do their own research before trading on CoinGPT.
No Hidden Fees
Users reportedly don’t have to pay anything other than the initial deposit requirement. There are arguably no transaction fees, deposit fees, or even a commission. It might sound too good to be true, which is why research is a must before trading on this platform.
Demo Trading Account Available
Having access to a demo trading account allows users to train to trade before they trade for real. This paper trading facility is common in most crypto trading platforms. CoinGPT claims the same, but the account may be only accessible to those who have registered and made the mandatory deposit requirement.
Instant Transactions
Creating an account should not take you more than a couple of minutes – according to CoinGPT. Transaction speeds are also reportedly fast, with deposits being instant and withdrawals not taking more than a day. Quick transactions are mandatory for a crypto trading platform, and it seems like CoinGPT offers it.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
CoinGPT Account fees
CoinGPT says it is a fee-free crypto trading platform. Meaning that it levies no fee, be it a deposit, withdrawal, or commission on traders. However, it doesn’t account for the broker fee or the crypto broker integrated with the account. Here is the breakdown of the fee structure of CoinGPT.
Trading Fee
None
Account Fee
None
Commission
2%
Withdrawal/Deposit Fee
None
CoinGPT Minimum Deposit
Trading platform CoinGPT hasn’t been upfront about the minimum deposit requirements on the T&Cs section of its homepage.
There are third-party sites that claim that CoinGPT has a minimum $250 deposit requirement similar to its rivals like the BitGPT app.
CoinGPT Compatible Devices
We tested CoinGPT on a slew of devices and found its features to be optimal. All the texts were visible, and all icons were interactable on the following devices.
- Desktop
- Laptop
- Tablets
- Apple and Android Phones
Is CoinGPT Scam or Legit?
As we reviewed the website looking for the legitimacy of its various features, we would like to point out the lack of information. The website presents itself as a single page with information that showcases the value it can bring to users. However, details about the in-app mechanics are absent.
Little information is available about the site on third-party sites, which makes is especially difficult since there are many copycats as well. Information about the founders is also not available. Furthermore, we didn’t have many venues to comment on the win rate since the unavailability of historical data.
Customer reviews about CoinGPT aren’t many, either. However, those who have used it say have mixed reactions to it. Some say that it offers an optimal success rate, while others allege scams. And there are also those who are in the mid-way, saying that while the site is effective, the success rate is average.
Regardless of the guaranteed success rate, it is important to know that crypto trading is risky. Success is never a guarantee, and investors must be well-informed about the markets before investing.
See our list of other AI crypto platforms and tokens for some CoinGPT alternatives.
CoinGPT Customer Support
The official website claims that users can reach out to the customer support team whenever they want. Email and live chat are seemingly available. But we didn’t have that option on the homepage, which makes us think that these services are likely reserved for those who have deposited the amount after creating an account.
How to Use CoinGPT
After careful deliberation of the features of CoinGPT, if you are still inclined to use it for your trading needs, take the following steps.
Step 1 – Visit the CoinGPT Website
The first step is to visit CoinGPT’s official website. There are many dubious sites online – so make sure to only use the right link. Enter your name, phone number, and email to register an account.
Step 2 – Make the Minimum Deposit
Once you have created your account, it is time to fund it. You will likely be informed about the minimum deposit requirement after you create an account. Deposit methods available on this website include PayPal, EWallets, credit cards, debit cards, and bank transfers.
Step 3 – Start Trading on CoinGPT
Once you have funded your account, you can start trading instantly. You can make adjustments to the tools available on the platform to customize your trading experience if you want – if such features are available.
How to Delete CoinGPT Account?
Information about how to delete an account is not available on the official home page. And details about that on the third-party websites are also not there. But if CoinGPT is anything like other trading platforms – which at the outset, it seems that it is – deleting the account will require logging in, going to the settings page, and removing the account.
Does Jeff Bezos Use CoinGPT?
There are rumors that Jeff Bezos, founder of Amazon and one of the leading names in the financial space, is using CoinGPT to compound his cryptocurrency gains. As amazing as this news would be, it is not verified and we found no evidence of that.
Does Elon Musk Use CoinGPT?
One of the biggest names in the crypto space is Elon Musk – which is surprising, considering the only token he has shown a passing interest in is Dogecoin.
It is not uncommon for the Tesla CEO’s name to be associated with many crypto projects – and falsely so. The official CoinGPT website also doesn’t claim to be endorsed by the likes of Elon Musk.
Does Martin Lewis Use CoinGPT?
Popular finance journalist Martin Lews is often mistakenly associated with many cryptocurrency trading platforms. The original founder of MoneySavingExpert.com is not affiliated with any cryptocurrency trading platform – including CoinGPT.
Who is the Founder of CoinGPT?
There is no information available about the founder of CoinGPT. And social media handles for this platform also don’t exist. While having anonymity is nothing new in the crypto space, investors must pay heed since people are now looking for more transparency. Investors must invest cautiously on these platforms.
CoinGPT Payment Methods
Listed below are the payment methods that CoinGPT supports.
- Debit cards
- Credit cards
- PayPal
- E-Wallets
- Bank Transfers
The Verdict
CoinGPT claims that it is a reliable platform that makes crypto trading easier for all. It claims that it has a high win rate and is affordable. However, much of the information about this website is not available – even on third-party sites.
No detail is revealed about the founders, and historical data or backtesting surrounding the win rate is also absent. Therefore, investors must only go to this platform if it meets their exact trading requirements. And conducting research on your own is also recommended.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.