With BitQT, you get an auto-trading app that helps you make investment decisions. As the value of bitcoins rises and falls, the software automatically decides whether you should invest or not. According to the app, users have been able to make thousands of dollars per day with a success rate of 88 percent.
Is BitQT as good as it sounds? In this BitQT review, we will consider whether this software is a scam or not. We will also answer some of the questions people commonly ask about the app.
Is BitQT a Scam?
BitQT has appeared on popular television shows and in Facebook ads. Over time, there have been rumors about endorsements from people like Richard Branson, Elon Musk and Gordon Ramsey. While advertisements often make a product appear better than it is in reality, these ads are based on a few important facts.
In 2017, bitcoins were actually worth more than $20,000 each. People who invested in bitcoins before this peak ended up becoming extremely wealthy. Unlike other platforms, BitQT performs all of your bitcoin trades automatically. Depending on the state of the marketplace, it claims to achieve a success rate of 88 percent.
BitQT states that it can achieve the best possible success rate when investors stick to a Fibonacci strategy and 10-minute intervals for their investments. If you are a new investor, you may want to experiment with BitQT before you actually use real money. Like many trading apps, BitQT offers a risk-free demo you can use to experiment with the app.
To use this app, you need to start with a minimum deposit of $250 or £250. This can be done through a debit or credit card. While all trading involves taking risks, BitQT advertises a success rate of 88 percent in the right market situations.
Here are the main features of BitQT
Account registration feature
This is the first feature that many investors will use, except they want to first try the demo trading feature, which is free for all. The account registration feature allows each user to create a profile on the crypto trading platform. The user profile is completed, and the information provided is verified.
Making a deposit
We found out that it is so convenient to make a deposit. There are different online payment platforms to choose from, for our first live trading session, we made a deposit by doing a direct bank transfer from our account into the BitQT account. The transaction was completed in seconds.
Live trading with BitQT
This is the best part; we started our live trading session early in the morning and ended it after six hours. During the live trading session, we hardly needed to do anything except activating the live trading robot with a click. After the live trading session started, we had nothing else to do, the trading robot took complete control, and it automatically selected and completed the best deals on the market.
Is BitQT App a scam or reliable robot?
From our investigation, BitQT App seems reliable. It is similar to Cryptosoft which we have found to partner with regulated brokers. Read our review of Cryptosoft to find out more.
BitQT App is allegedly powered by AI and blockchain technologies. While AI allegedly ensures high and consistent performance, blockchain brings about transparency. BitQT operates in a transparent environment where users can monitor their accounts in real-time and raise disputes through smart contracts.
Moreover, BitQT has published all crucial data on its website. This includes the identity and regulation of its partner brokers. When choosing a robot, it is always important to pay attention to the underlying brokers. A robot that partners with sham offshore brokers is likely a scam.
We have carried out a background check on BitQT partner brokers and found them to be legit and worthwhile. They all report adhering to strict regulatory guidelines such as deposit segregation, insurance, and regular external audits. This implies that all deposits through this robot are safe.
Regarding platforms safety, BitQT premium applies military-grade data protection measures. These include 128-bit key encryption and database protection through SiteLock. BitQT is also compliant with the stringent EU General Data Protection Regulation (GDPR).
User feedback on ForexPeaceArmy and TrustPilot also indicate that this robot seems trustworthy. 95% of reviewers report a positive outcome with BitQT.
Getting Started with BitQT
Trading with the BitQT premium software should be easy if you follow the provided instructions. This robot trades automatically but requires users to define risk settings before starting a live session.
The risk management process with BitQT App is well elaborated in the provided trading guide. There are also video tutorials explaining different settings and a demo account to help you practice what you learn.
We strongly advise that you take enough time practising to avoid mistakes during live trading. BitQT is supposedly a high return robot, but it isn’t risk-free. It is, therefore, paramount that you only risk what you can afford to lose. Never fund a high-risk investment with your entire retirement savings.
Register a free account on BitQT app homepage using the provided form. Verify your contact details as instructed and agree to their terms and conditions.
You also need to verify whether to be in their mailing list. We recommend that you do so since this is how the robot’s customer service reaches out to users with updates. BitQT doesn’t send unsolicited offers or share your data with third parties.
Please note that you will also be redirected to the partner broker’s page to confirm details and verify identity. ID verification is a crucial measure recommended by all regulators to help weed out instances of money laundering.
Fund your BitQT premium trading account with at least 250 USD to start trading. All deposits happen on the partner broker’s page since they are the one to place orders in the market.
You can fund your BitQT app account through multiple methods including debit and credit cards and wire transfer. E-wallets such as Skrill and Neteller and leading crypto wallets are also accepted. There are no deposit fees with BitQT app partner brokers.
BitQT app offers a comprehensive trading resource centre to help users navigate through its platform and make the most out of it.
The resource centre includes a trading manual and several video tutorials explaining BitQT risk management process. There is also a demo trading account to help users practise what they learn during practice.
Also available are regular trading webinars to update users on the latest features on the robot. BitQT app also offers a trading calendar to help users take advantage of highly volatile market events. The robot trades volatility and therefore performs best when BTC price swings are high. Read our review of Bitcoin Code for another easy to use robot.
The BitQT live trading process is simple. However, you must follow the provided trading guide to the letter to get positive results.
You must pay more attention to the risk settings since this is where most BitQT app users go wrong. Make sure that you set the Stop Loss and Take Profit features following the guidelines provided in the BitQT trading guide.
Open your account
Feature of Bitqt
With a strong and broad active user base and positive online reviews, the Bitqt is one of the top robotic systems in the market. The characteristics that make this robot stand out from the competition are as follows.
Reportedly, the Bitqt website makes a regular gain of up to $1,000 per $250 cash investment. The machine trades 1 to 1000 on the leverage, which determines the high reported gain. Such a rate of return ensures that users can invest in opportunities worth up to $250,000 out of a deposit of $250,000.
An Easy Website
The Bitqt software is 100% automatic, implying that no expertise is necessary to go through it. If you create an account and transfer funds, the machine does the actual work for you and you can take it easy. Bitqt Software performs best for a minimum of 8 hours a day if it is given the time to work.
Outstanding Customer Support Service
You can always access the Bitqt customer support service at any time of the day with its Smartphone App. Their customer service agents are working from Monday to Friday. They are polite, professional and well trained. Plus, we can include phone calls, email and live chat as the Bitqt platform offers several mediums for interactions. If you are on Facebook and Twitter, you can access them there too.
The platform seems to take the protection of its users seriously. As mentioned earlier, the Bitqt software is concerned about security. There is top-level coding protection on this trading bot website, which ensures that hackers could never gain access and disrupt the web traffic. Furthermore, the Bitqt complies with the strict European union’s general data rule (GDPR) and this law ensures that digital sites comply primarily with the security of customer data.
The Final Word
This Bitqt is a legitimate site. At the end of this journey, we confirm that its robot has outstanding online feedback with most reviewers stating that it works consistently. Our team performed a Bitqt platform’s demo trade test and found it very easy to use. In addition, this operator has military-grade data security mechanisms and complies with the GDPR of the EU General Data Protection Safeguards.
With an investment of $250, you should go ahead and try this platform. An advice for you is to invest with proper caution. Do not invest extra unless you are happy with the way the platform will function.