A cryptocurrency trader earns on average nearly $94,000 per year in the United States. Even if you don’t live in this country, you can also get close to such an income. With the help of an automatic trading robot like BitApp24, you canmake more profits from crypto trading by working less. In any case, that’s what the site promises. We examined its offering to determine if it performs as well. In this BitApp24 review, we will tell you everything you need to know to use it effectively. We will also give you the elements to determine if it is a reliable trading robot or a scam.
Our opinion and key points about BitApp24 in brief
To begin our BitApp24 review, we present some of its key points:
Summary table of BitApp24 functions
The following table presents the main features of the trading robot BitApp24.
⌛ Withdrawal deadline
24 hours
💳Minimum deposit
€250
🏆 Indicated success rate
Not indicated
₿ Cryptos available
Bitcoin, Zcash, Bitcoin Cash, Litecoin, Bitcoin Gold and several other popular cryptos
🔎 Fees
None
📈 Demo mode
Yes
📱Mobile application
No
🌐 Official website
Discover BitApp24
Note
8.8/10
Our Verdict
Reliable
What is BitApp24? Definition
BitApp24 is an AI-poweredtrading platform that makes investing in Bitcoin more successful. Its trading robot is particularly suitable for traders who want to make profits by working a little each day. Indeed, BitApp24 is an automatic trading robot which allows the trader to navigate the turbulent cryptocurrency market without drowning. It was designed with beginner traders in mind. But experts can also use it to make profits.
BitApp24 is a trading platform available through a web interface. So you don’t need to download a third-party app to use it. Even on your phone, you canaccess it without downloading an application. The mobile interface of the website is well designed enough that it can be used from any device.
As a reminder, trading robots are software that uses artificial intelligence and trading techniques to trade in place and on behalf of the trader. In general, you need to be an experienced trader to benefit from a trading robot. However, since BitApp24 is made for beginners, you can also use it to make profits. Finally, before putting your money into it, take some time to understand how the platform works.
How does BitApp24 work?
During its operation, BitApp24 analyzes the market for cryptocurrencies and collects useful data to understand the market and predict movements of price. Once this is done, the robot sends a signal to the trader’s brokerage platform. If the latter is in automatic trading mode, transactions will be automatically launched in his name with the money in his account. In case of profits, they will then be transferred to the same account. On the other hand, if the trader is in manual trading mode, he will be invited to initiate the transaction himself.
Using artificial intelligence to provide analytics, graphs and reports
To trade successfully, careful market analysis is necessary. With regard to cryptocurrencies in particular, three types of analyzes are essential:
- Technical analysis : It allows you to study market elements such as transaction volumes, price fluctuations, RSI, trends, etc. It is more suitable for short-term trading.
- Fundamental analysis : This focuses on the intrinsic value of crypto. It helps determine whether the crypto is undervalued or overvalued.
- Chain Analysis : This involves analyzing the crypto Blockchain in order to understand its movements. It often helps determine whether the industry still trusts a crypto. If large investors buy and hold a coin, this could mean, for example, that its value will soon rise.
It takes strong skills to do all this analysis and win big. This is precisely where BitApp24 helps you. Indeed, it takes care of all these analyzes and just produces one result for you. It is up to you to determine whether you want to invest in crypto or not.
Executing orders with a broker
When BitApp24 has finished its analyses, it uses them to find the crypto(s) that could earn you big. It then generates a signal to your broker’s platform. This is a platform with which you will need to open an account. The broker is then responsible for launching an operation. Simply put, you can decide to buy or sell crypto from the broker’s platform.
BitApp24 can determine that the price of Bitcoin will rise in two hours. You will then be prompted to buy and hold BTC tokens. So when the price rises, you will resell to make a profit. It is your broker who will execute the purchase or sale order since it has access to financial markets and liquidity and not BitApp24.
Trading with the BitApp24 robot: Advantages and Disadvantages
In this Bitapp24 review, we explain the advantages and disadvantages of the bot.
Benefits
Disadvantages
Key features of BitApp24
Now we will see what makes BitApp24 an important trading partner.
Automatic trading
The automatic trading is a feature that is one of those that we appreciated the most. When you enable automatic trading mode, the platform does almost all the work for you. You simply configure the automatic trading robot and it takes care of making profits for you. Of course, everything is not that simple. You must enter correct parameters since it will rely on these parameters to operate.
That said, the big advantage with automatic trading is that you can free up your free time to do other things. Indeed, for a trader who knows what he is doing, configuring the robot can take an hour or even less. Afterwards, you can go play, watch or read a book. The trading software will take care of finding the best cryptos to trade and initiate trades for you.
Easy to use trading robot
Most crypto tradingplatformso have complicated interfaces and their use is not self-evident. You arrive on these platforms and you find trading jargon everywhere. It is difficult for a beginner to know what futures contract or even stop loss and take profit mean. Moreover, it is this difficulty in getting to grips with the platform that causes losses among novice traders. Fortunately, the BitApp24 developers took beginner traders into account when designing the platform. You will find simple to understand features. Trading jargon is simplified as much as possible. Before you start investing per se, take a few minutes to browse the platform. Get to know it and see where the most useful features are for you.
Security
We didn’t have too many complaints about this platform during our BitApp24 review. Indeed, its website applies the basic security measures that one would expect from such a platform. It of course usesstrong SSL encryption and its security certificate and verified and validated by Google Trust Services LLC. Remember that this is the same service that Google uses for its search engine.
What can you trade on BitApp24?
BitApp24 allows you to trade on several promising cryptocurrencies. This is the only asset class that the platform supports. You will find tools for trading on: Bitcoin, Bitcoin Cash, Bitcoin Gold, Litecoin, Ethereum, Ethereum Classic, Dash, Neo, Zcash, Cardano , Iota, Binance Coin etc. At any time, BitApp24 may add support for another crypto if it deems it profitable enough for you.
BitApp24 will offer you exposure to pairs such as: ETH/BTC, BTC/USD, ETH/USD, DOGE/USD, BTC/FDUSD, XRP/USD etc.
How much does BitApp24 cost?
Using BitApp24 costs nothing, its trading features are free. You will be able to open an account, make deposits and initiate transactions without paying anything. On the other hand, the platform has not been clear regarding the commissions on your winnings. Some platforms take between 1 and 5% of everything you earn. Please ask your broker if they will apply other fees, or even commissions on your winnings.
Account opening
€0
Deposit Fees
€0
Transaction fees
€0
Withdrawal fee
€0
Minimum investment
€250
In any case, the €250 you deposit when registering should not be used to pay any fees. They must be fully used topurchase cryptocurrencies.
Is BitApp24 a scam?
BitApp24 presents itself as a platform that facilitates investment in cryptocurrencies. We were able to verify that this is exactly what it is. From your first use of the platform, you will realize that it is functional and reliable. We therefore have no serious reason to believe that BitApp24 is a scam.
A reliable trading platform is first and foremost a secure and safe platform. For this aspect, you can count on BitApp24. Security measures for customer data and funds include:
- Strong SSL encryption and a security certificate verified by Google Trust Services LLC.
- Double authentication to make it even more difficult for hackers trying to access your account
- Verifications during your withdrawals to ensure that the request really comes from you.
- Geographic locks to prevent foreign hackers from accessing your account.
- Safeguarding your funds in the accounts of a broker regulated and supervised by strict financial authorities.
BitApp24 is definitely not lagging behind in terms of customer protection. However, traders often leave negative reviews on certain trading platforms because it failed to bring them the expected profits. Please note that trading or investing involves serious risks of loss of capital. No winnings are guaranteed; this is why you should always invest an amount that you are prepared to lose.
How to trade with BitApp24? Detailed tutorial
Trading or investing correctly in cryptocurrencies with BitApp24 involves the following 05 steps.
Step 1: Account opening
You can get a BitApp24 account by filling out the form on the homepage of its website. Fill out the form with First Name, Last Name, Email and Phone Number.
Read the Terms of Use and Privacy Policy now. This way you will know how BitApp24 manages your data. Finish by clicking “Learn More”
Step 2: Account verification with your broker
Open the email that the trading platform sent you when you completed step one. Then, click on the link that invites you to complete your registration on its platform. Complete the new additional information form.
Finish by verifying your identity. You will need to film and send your identity documents as well as proof of address
Step 3: Deposit funds
Click the deposits button now that your account is verified. Next, choose a deposit method. Keep in mind that some payment providers will cost you more in fees.
Then enter the amount to deposit. The minimum accepted here is €250. Deposit this minimum first to test the effectiveness of the platform. Finally, complete the deposit information and validate the transaction.
Step 4: Use the demo account
In order to put all the chances on your side, you better use the BitApp24 demo account to understand how trading works. So start by switching to demonstration mode. Take advantage of historical data to test your strategies. Try different investment amounts as well as different periods and techniques. Only exit the demo account when you are sure you understand how the software works.
Step 5: Start Live Trading
All you have to do is configure the trading software by choosing the right settings:
- Amount to invest
- Crypto to buy : You can also let the trading robot choose
- Leverage : This is an amount that you can borrow from your broker to increase your own capital and therefore your profits
- Stop Loss : The minimum price the crypto must have for the trading software to stop the transaction and limit losses.
- Take profit : The maximum price that the crypto must have for the trading software to stop the transaction and return the profits to your account.
Finally launch the software and see if it makes profits. If not, understand why and fix it until it generates profit.
How to contact BitApp24?
To get help on this platform, you have several ways:
- Email : It is most convenient when you have supporting documents to send to customer service. An email will be sent to you when you open your account.
- Live chat : It is available directly on your broker’s platform. This is the best way to get help on the platform
- Phone call : Depending on your country, you may be able to request a call from your account manager. So it won’t cost you anything. This is not the case in all countries.
Our 05 expert tips for getting started on BitApp24
Increase your chances of making profits with this trading robot by following the tips below. You will benefit from several decades of expertise from our traders.
Train yourself to trade
BitApp24 is a powerful trading robot and it can even do trading for you. However, you need to configure it well otherwise it’s not worth expecting much from it. And to set it up properly, you need to understand thenew cryptocurrencies, as well as the financial market. According to ZipRecruiter, a developer can earn up to $264,000 per year. But we are talking about experienced traders who take the time to train. So take some time to read trading guides and tutorials. Learn how to use trading indicators, read reports and perform analysis.
Use the demo account
The demo account is a blessing for the intelligent trader. It is very useful to improve your level without risking your own funds. After opening your account and making the first deposit, you will receive a free amount in your demo account. You can use it to place trades on historical data. This is almost like trading in real conditions. The demo account is available infinitely.
Start small
Don’t be afraid to start by investing small amounts. When I started, I made the huge mistake of starting out with several thousand euros. I didn’t even have the level of an average trader. Of course, I quickly found myself in debt and almost lost faith in cryptocurrencies. But I quickly understood that I was the problem since others were making profits. And those who lost money didn’t complain much since it was small amounts. In short, never put more than 5% of your income into a crypto investment.
Meet experts
You can easily find a list of the most experienced traders online. Follow them through their social networks. If there are ones near you, try to visit them every day or at least every week. You improve very quickly by staying in contact with these professionals. Binance has its own list ofbest crypto traders. Check it out.
Always do your own research
Everyone can make a mistake, even an expert. Always do your own research before initiating any transaction. This is even more true if you doubt the profitability of said transaction.
Conclusion: Our final opinion on BitApp24
Ultimately, you should seriously consider using BitApp24 to improve your performance. This trading robot isreliable and fully functional. It could allow you to make profits like a pro if you use it correctly. The secret is to take the time to understand how it works. If in doubt, do your own research. You can already start using it, all you need is to open an account and deposit €250.
Our methodology: How do we evaluate platforms?
To evaluate our trading platforms, we take our time. This way we can be sure not to miss any details. Each trading platform has its particularities. We must be able to recognize them and understand how they can be useful to our readers. We therefore proceed in three consecutive steps:
- Step 1: analysis of the offer. Our experts collect information about how the platform works and try to understand how it can be useful.
- Step 2: We consult expert opinions from our competitors. Thus, we have a clear idea of what professional traders think of the platform.
- Step 3: user reviews. It’s about what not everyone thinks. We collect opinions from traders who are like you.
We compile this data to provide scientific and independent advice.
Frequently Asked Questions
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