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.
Crypto Genius is advertised as a crypto trading tool that scans the market for potentially successful trade signals using high-end algorithms. The platforms’ software collects information from external sources and automatically suggests new trades to the users, according to their website.
Since there is high competition among popular algorithmic trading platforms, our guide will conduct a thorough analysis of Crypto Genius. We explore the key features of this crypto trading platform and decipher whether Crypto Genius is a legitimate trade bot, or a scam – as some similar auto trading platforms can be.
Crypto Genius Summary
🏺 Platform Type | Crypto Trading Platform |
💠 Supported Cryptocurrencies | BTC, ETH, LTC, XRP & BAT |
🕘 Withdrawal Time | 24 – 48 hours |
💵 Minimum Deposit | $250 |
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
What is Crypto Genius?
Crypto Genius has been trending on social media as a trading algorithm that can provide potentially profitable trades to investors. According to the Crypto Genius website, the platforms’ software is designed to analyse and scan volatile crypto markets constantly.
Then this new crypto robot can find new trade ideas and guide users throughout the investing process. Although we haven’t been able to verify the claims on the site.
Crypto Genius can also be used to diversify users’ funds. Firstly, users can buy BTC and other popular cryptos with the digital asset signals that this software provides.
Additionally, Crypto Genius claims to support trading commodities like Gold, indices like Dow Jones and even forex currency pairs. Users can read our how to trade Gold guide and analysis for more information on this particular asset class.
Investors must complete a quick registration and verification process before trading with Crypto Genius. The minimum deposit on this crypto platform is $250. However, the Crypto Genius website mentions that there are no hidden fees or costs while depositing funds.
Crypto Genius – Pros and Cons
Pros
- Trade in multiple asset classes
- Fast Deposits and withdrawals
- No prior trading experience required
- Leverage Trading Options
- Multiple Currency Support
Cons
- High minimum deposit ($250)
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
How does Crypto Genius work?
After registering, users are facilitated with Crypto Genius’ proprietary trading software for free. This unique trading algorithm works to detect potential trade opportunities in the crypto markets. Crypto Genius claims to predict the price movement by analysing a combination of 22 technical and fundamental indicators in real-time. This also allows the software to detect when cryptos are on sale for a lower price.
Notably, users are provided with customisation tools to choose the level of autonomy they wish to deliver to Crypto Genius’ software. On the one hand, traders manually information live market information and decide to open new trades.
On the other hand, Crypto Genius scans the markets 24/7 and makes trades on behalf of the user. Once the funds are deposited into the trading account, the software works and allocates the funds into multiple trades.
Crypto Genius states that they have partnered with various brokers that assist in the transaction process. Once the software collects the market data, it sends the information to the brokers using API keys. The brokers quickly execute these orders without any need for human intervention.
Crypto Genius Features
The Crypto Genius trading platform comprises several features that enhance the trading process for investors. The sections below highlight and discuss some of the most critical attributes that Crypto Genius brings to the table.
Leverage Trading
Leverage trading is a high-risk, high-reward feature which Crypto Genius says it supports. Users can increase their leverage by 1:100 on the trading platform – increasing the value of their trades without adding more funds.
However, leverage trading is a double-edged sword. The potential for profits is as high as the potential for loss-making. Therefore, users with a low-risk tolerance may want to avoid this feature.
Diversification Opportunities
Crypto Genius states that it supports investing in multiple asset classes – including cryptocurrencies, commodities, indices and forex trading pairs. So it’s not just a Bitcoin robot like other automated trading platforms we reviewed.
Firstly, users have access to some of the biggest cryptos and altcoins in the market. With Crypto Genius, users can buy ETH, BTC, LTC, and other digital assets. However, investing in deflationary assets like Gold allows users to diversify their portfolios.
Finally, long-term investors can access forex currency trading pairs and trade on the exchange rates of countries with Crypto Genius.
Demo trading account
Demo mode is an available feature with Crypto Genius, according to their website. To get a proper idea of the available tools & features that this platform supports, a demo trading account allows users to invest with virtual currency.
Investors will get a first-hand opportunity to study the schematics of Crypto Genius, as the demo account mirrors live market conditions. After assessing the platform, traders can switch back to standard mode and begin trading quickly.
Customer Service
Crypto Genius claims to offer 24/7 customer support to all traders. The customer chat team can be accessed before registration itself. Either via live chat, email or phone, traders are assisted by the customer department with all their trading needs and enquiries.
Furthermore, Crypto Genius deploys a feedback system for customers to comment on the platform’s functionings and review its operations.
Multiple Currency Support
Crypto Genius allows users to use various fiat currency options while depositing and withdrawing funds. Funds are deposited via USD and EUR, with a minimum deposit of $250/EUR 250.
Furthermore, USD, EUR and CHF are available to trade as forex pairs on the platform.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
Crypto Genius Fees
Crypto Genius claims to offer very low fees on the platform compared to its competitors. Firstly, there is no registration fee or software costs with Crypto Genius.
Deposits are 100% free of charge with this crypto trading platform. Furthermore, the platform does not charge any hidden fees. Crypto Genius only collects a commission from a profitable trade. The remaining amount is sent back to the user.
Withdrawals are conducted from the trading dashboard. Users must fill out a form and request a withdrawal amount. A verification link needs to be accessed on email to access this trading dashboard.
Trading Fees | None (Partial Commission on Profits) |
Account Fees | None |
Deposit Fees | None |
Software Cost | None, |
Therefore, the minimum fees charged by Crypto Genius allow users to trade freely.
Is Crypto Genius a Scam?
Crypto Genius states most of the account rules, features and charges before the registration. The website says that users can customise their trading preferences and provide as much autonomy to the software as they wish.
Furthermore, Crypto Genius offers demo trading features to enable users to access the account features with virtual currency. Investors can, at any point, decide to withdraw their funds and have full access to their accounts.
Crypto Genius also supports SSL encryption – ensuring that protocols are taken to protect users’ funds and privacy.
Users can conduct their due- diligence on Crypto Genius and analyse the platform for themselves before investing in it – crypto trade bots are unregulated and some are scams. Only invest what you can afford to lose and test out a withdrawal before committing to a larger deposit.
Crypto Genius Minimum Deposit
The Crypto Genius website mentions that all users must pay a minimum deposit of $250 or EUR 250 to use the platform. While the deposit is hefty at first glance, the lack of additional fees and costs on Crypto Genius evens this out.
Furthermore, users can access several payment options to deposit funds. VISA, Express, Discovery, MasterCard, Neteller and PayPal are available to use with Crypto Genius.
How to Use Crypto Genius
After reviewing and analysing Crypto Genius, users are free to choose whether or not to use this crypto trading platform. For those interested in trading with Crypto Genius, the below sections provide a step-by-step process on how to trade crypto with this platform.
Step 1: Open Your Trading Account
Firstly, users can head to the Crypto Genius website and access the registration form on the home screen. Fill in your full name, email address and phone number to register an account.
Users become new members of the Crypto Genius community once the registration is confirmed. Its trading robot software is then accessible.
Step 2: Verification Process
After the sign-up process, Crypto Genius will send verification links to a user’s email address and phone number. Within 30 minutes, traders can verify their identities and access the trading dashboard.
Additionally, the associated broker platforms connected with Crypto Genius will conduct a quick KYC and AML (Anti-Money Laundering) process.
Step 3: Deposit Funds on Crypto Genius
Once verification is cleared, traders are required to deposit funds on the account. A minimum of $250 or EUR 250 is to be deposited on Crypto Genius.
The platform supports multiple payment providers such as VISA, MasterCard, PayPal and Neteller, to name a few. Choose a preferred payment method and confirm the transaction.
Step 4: Begin Trading
Users can now customise their preferred settings on Crypto Genius. By accessing the auto trading option, the software will begin conducting trades on behalf of the user. The software identifies potential trades and opens new positions with the available funds.
On the other hand, users can customise their settings to use the account manually. In this setting, the software provides data-driven insights and trade signals that traders can use to their advantage. Investors can manually open new trades as per their liking.
Conclusion
Crypto Genius claims to provide users with a way to trade without requiring prior trading knowledge. The platforms’ software scans the various markets by applying several indicators and identifying potentially profitable signals.
This guide has analysed the Crypto Genius software and the main features accessible on the platform. Exercise caution though and take the testimonials on the website with a pinch of salt. Also see our full guide to the best algorithmic trading platforms for some alternatives to Crypto Genius.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.