Choosing to use a new type of crypto trading platform can be both profitable or risky – often a new trading bot appears on the crypto market that promises tremendous results, but can also bring uncertainty and losses. Is that the case with BitAI Method, one of the latest trending crypto tools? We attempt to find out in our BitAI Method review.
What is BitAI Method?
BitAI Method is advertised as a crypto trading software that claims to help new and experienced traders navigate the volatile crypto market. It allegedly relies on artificial intelligence algorithms (hence the AI in ‘Bit AI Method’) that help predict the crypto market moves intraday.
A combination of real-world experience, digital tools, and training materials is said to be perfectly optimized and tailored to the market. This way, BitAI Method claims never to miss a beat.
Essentially, technology apparently has the capacity to complete all of your tasks automatically, saving you time.
For those with no experience, the platform says to offer a dedicated account manager to assist new users with account setup. Also, BitAI Method says it can provide seamless transactions and easy-to-use controls. InsideBitcoins didn’t test the platform however. Therefore, we can’t say whether this is the case.
Pros and Cons of the BitAI Method
Proponents of trading platforms say that these platforms increase the possibility of winning, while opponents say these platforms prevent full control over the money you invest. Let’s see what are advantages and disadvantages of the BitAI Method are.
Advantages:
- Encrypted privacy protocols.
- Large selection of cryptocurrencies.
- Customer support is available 24/7.
- No costs or fees for using the platform.
- Fast transaction and withdrawal process.
Disadvantages:
- No mobile app.
- High minimum deposit.
- No reliable testimonials.
BitAI Method Key Features
It’s important to know what features are considered BitAI Method’s strongest points.
Speed
The unsteady nature of the crypto market is well-known. This is why investors want a trading platform that can enter and exit the market in a flash. In less than a millisecond, the BitAI Method can apparently analyze significant amounts of data.
According to the BitAI Method website, users don’t need to worry about devoting too much time to research because technology now makes it possible to complete tasks more quickly.
User-friendly Platform
Once you enter the platform, you will see an interface that seems to be straightforwardly designed. It seems you don’t need prior experience to open an account on the platform.
Artificial Intelligence
AI plays a crucial role in crypto trading platforms as it helps to improve the efficiency and accuracy of trading decisions. BitAI Method claims to rely on AI to help it make better-informed decisions, manage risk, and react quickly to market changes, ultimately leading to improved trading outcomes.
Low Maintenance
BitAI Method is said to be the best trading platform for anyone wishing to make a passive income while still keeping their full-time jobs. This trading platform assures users they don’t have to spend more than 20 minutes on their accounts daily.
How does BitAI Method Work?
BitAI Method claims to use the newest technology to find chances that will bring profit to all users. According to the platform, anybody who wants to start trading on this platform doesn’t need any formal trading expertise or experience.
BitAI Method is said to be entirely independent, where its algorithm can scan the markets on your behalf, collect pertinent information, and spot profitable transactions.
The success percentage of the BitAI Method is supposedly 85%. According to some online reviews, the technology has increased the profit of some users in a couple of hours. We didn’t find any specific testimonials to verify such claims.
The way BitAI Method says to operate is by gathering all the crucial data from the crypto market and presenting it on its platform.
To start using the platform, you need to register and deposit some funds. The minimum is $100. Keep in mind crypto market is highly volatile and not regulated. Invest only the amount you can afford to lose.
Why Choose BitAI Method?
Many trading platforms guarantee security and give many reasons why you should choose them. Here, we will concentrate on BitAI Method and the reasons why the platform thinks it is the best option for you.
- The platform is 100% free of charge.
- Withdrawals are fast and free.
- Users can trade on the go when they want.
- It provides a constant update with new information from the market.
Read our review of other trading robots and see if some can be a good fit.
BitAI Method Review: Final Words
Crypto trading is complex, even for experienced traders. Many trading platforms usually offer the same services. It depends on the trader which one will choose.
As per BitAI Method, this trading platform claims to be suitable for beginners, like others. It appears to provide learning material and follow all crypto market movements.
According to the website, AI helps the platform trade better and make smarter decisions. Still, InsideBitcoins haven’t tested the platform. Hence, we can’t say for certain if BitAI Method is legitimate or not.
We collected all information in the BitAI Method review and presented them as such. It’s up to you to decide whether you should go for it.
Since we didn’t find evidence showing this trading platform collaborates with regulated brokers, you can pick one of the regulated brokers, like eToro, and start trading.
Also, remember that all investment opportunities carry a certain risk. This especially applies to cryptocurrencies, which are still relatively young in the financial markets and are not regulated. Keep in mind investor protection is not applicable while trading with unlicensed brokers.
Bottom Line
An alternative to using a bot is to use the copy trading feature on eToro – this FCA and CySec-regulated cryptocurrency exchange allows you to replicate the trading decisions of a winning, profitable trader of your choice or a combination of several.
You can diversify your portfolio by allocating part of your funds to a long-established, safe, and reputable platform such as eToro – never invest 100% of your cryptocurrency into one trading bot or hold it on one website, broker, or exchange. Start with a minimum deposit on any platform you use, and make a small withdrawal as a test.
