Bitcoin Up Review 2021: Is it Legit, or a Scam?

Bitcoin Up is a trading robot that is designed to execute automatic transactions in the cryptocurrency markets. According to its official website, the platform has been in operation for the past five years; however, no information about the platform’s founders or the team can be discovered on the platform’s website.

Bitcoin Up’s trading platform says that the success rate of bitcoin trading is 99.4%, which is just a sweeping statement, particularly in a volatile market like cryptocurrency. In this Bitcoin Up Review, we will look into the claims made by the platform and determine how trustworthy this robot is when it comes to cryptocurrency trading.

Cryptocurrency trading has over time proven to be an effective way to make money either actively or passively. To make money from trading cryptocurrency requires timing, precision, and dedication because of the volatility of the market. This has discouraged a lot of people from it but technological advancement has provided a solution to trade easily and make a profit without too much effort from the user. The solution is a trading robot or as it is also called a bitcoin robot.

 

Table of Contents

Bitcoin Up at a Glance

Type Bitcoin Robot
Minimum Deposit $250
Withdrawal Duration 48 Hours
Mobile App No
Win Rate 99.4%
Supported Cryptocurrencies BTC, ETH, LTE

 

Bitcoin Up Review: What is Bitcoin Up?

Bitcoin Up Review

Bitcoin Up is a trading robot that uses intelligent algorithms to acquire market data and do market assessments to make money. The software generates a signal that users can use to place trades in the bitcoin trading market. The software analyzes market conditions, trends, historical data, and patterns in order to determine the most favorable conditions for entering or exiting a trading position. The robot claims to be able to use all of this information to place trades with a high rate of success.

 

Aside from automated trading, the Bitcoin Up app also makes manual trading for trading experts more convenient. On the trading interface, traders can enter their parameters, such as the asset to trade, the stop loss, the limits, and the price at which to purchase or sell, among other things. The deal is executed by the robot as soon as the trading requirements are satisfied.

Bitcoin Up: Legit or a Scam?

There are several strong indicators that Bitcoin Up is a reputable site to invest in. Because it is linked with some of the world’s leading licensed brokers, you can trade in demo mode using real market circumstances and virtual money before investing real money. This helps you to become familiar with the platform and the markets before risking your own money on a live trade.

Even if Bitcoin Up provides services that have been beneficial to traders, not everything they state about their platform should be taken at face value. It is improbable that the comments and testimonials of people who claim to be making $1200 in profits per day without any prior knowledge are accurate. A 99.4% accuracy claim has been made for the platform. This is not true because the bitcoin market is extremely volatile, and no robot could achieve such efficiency.

How Does Bitcoin Up Work?

Bitcoin up works with an automated trading robot that uses algorithmic tools with technologies like AI to analyze data and place trades based on the signals gotten. The robot after analyzing and has gotten optimum trades in the market sends the signals through an API to the partnered brokers that the platform uses.  The platform partners with various brokers across various jurisdictions and execute the trades. The use of API allows the robot to send signals to the broker’s platform. All these processes are completed and trade placed automatically with the user intervention.

Bitcoin Up Features

Payouts

The program is said to function nonstop around the clock, and its signals appear to be accurate, according to reports. In our opinion, software that makes use of artificial intelligence (AI) and other technologies, such as natural language processing (NLP), has the potential to offer users reliable signals. However, whether Bitcoin Up can create $1,200 each day as they claim would rely on a variety of factors, including the size of the stake, the experience of the user, and the current state of the market, among others.

Verification System

New users must register for accounts on Bitcoin Up by providing basic information such as their complete name and cell phone number, among other things. Furthermore, new users are required to submit a valid email address, which will be used by the team to verify their identification. After clicking the “Register Now” button, a representative from the Bitcoin Up team will call you immediately to confirm your registration. During the phone conversation, the representative will check on the status of the new user and answer any questions that may have arisen.

Withdrawal

Bitcoin Up accepts transactions made with MasterCard and VISA debit/credit cards, as well as bank transfers, for its services. The withdrawal process is only two clicks away from being completed, however, the time it takes for funds to appear in one’s account varies depending on the payment provider that has been chosen. In general, the withdrawal procedure is simple and uncomplicated.

Fees

Bitcoin Up is a completely free piece of software. Interested users only need to establish a free account, and then everything is up and running! In addition, there are no fees or commissions charged on victories through the site, which is a huge plus. Suppose you earn $1,000 and request a withdrawal, you will be paid the entire amount.

Customer Support

When it comes to reaching out to users, Bitcoin Up is lightning fast. A representative contacts you immediately after you register for an account to inquire about any problems you are having and to give support. Customers can also contact customer support by email if they choose. Following our analysis, we discovered that messages got feedback within five minutes at the most. When you consider that the customer service department deals with thousands of inquiries in a single day, this is a quick and dependable service.

Affiliated Brokers

Once the account is activated, Bitcoin Up connects new users with brokers who are linked with the company. Typically, the recommended broker is the one who is closest to you – which is why it is critical to include your location in the registration form. New users are referred to a broker, and you should take the time to verify that they are in compliance with regulatory requirements.

How to Create a Bitcoin Up Account

Step 1: Registration

To start using the app, you must first register on the Bitcoin Up platform. To register, you have to fill the registration form on the home page. The required information includes your name, email address, and contact number.  After completing the sign-up procedure (which is simple and free), you will be required to verify your account. Following that, Bitcoin Up links you with a broker who is authorized to operate in your jurisdiction. As a result of regulatory regulations, reputable brokers will require identification verification, which means you will be required to upload a scanned copy of your approved government-issued ID as well as evidence of residency. Always keep in mind that if you fail to provide proof of your identity, you will be unable to withdraw your money.

 

Step 2: Make a deposit

After that, make a deposit of $250 or more in order to begin trading with the Bitcoin Up app. It should be noted that all deposits are made through the broker’s platform. Cryptocurrency exchanges that are regulated have joined with Bitcoin Up to provide a safe and secure trading environment for their customers. In order to protect their clients’ cash, some brokers have put in place safeguards such as segregated client accounts and insurance. Users can also fund their trading accounts using a variety of methods, including debit/credit cards, wire transfers, e-wallets such as Skrill and Neteller, and cryptocurrency wallets.

Step 3: Try Demo

However, while this step is not required, it is recommended and an alternative for traders who wish to test their trading techniques and have a better understanding of how the Bitcoin Up app works before proceeding. The demo account allows you to experiment with the software and get a better understanding of how it works by spending fictitious money. As a result, you will have a better understanding of what to expect when trading in real-time.

In addition, your broker will provide you with a plethora of training resources, like video lessons, live webinars, and guides, to assist you in becoming familiar with the platform.

Step 4: Trade for Real

This is the point at which you can begin trading Bitcoin for real money in order to make real money. Before beginning a live trading session, the trader adjusts the trading and risk parameters in the software, which takes a few minutes. The trader also has the option of trading manually or allowing the software to trade on his or her behalf automatically. After that, the Bitcoin Up program will take over and begin conducting market analysis, producing signals, and executing bitcoin trades on behalf of customers. Because Bitcoin Up is fully automated, it requires little to no human involvement and produces excellent results for traders. It is possible to tailor the program to trade based on your preferences, such as which assets to trade, how much money to invest, what level of risk you want to take on, and so on.

Bitcoin Up Features – Why Choose this Bitcoin Robot?

Easy to Use: This software is said to be quite simple to use, with testimonials from beginners with little expertise stating that they had no difficulties at all.

High Profitability: Bitcoin Up says that users can earn up to $1,200 in daily returns if they use their service. Even though we were unable to verify this, we believe that the cost is a little inflated, especially for a well-designed piece of software.

Speed and Accuracy: Algorithms become faster and more accurate as a result of advances in artificial intelligence and natural language processing (NLP). The algorithms collect massive volumes of data and analyze it in a matter of seconds. A human dealer, no matter how experienced, will never be able to accomplish such a feat.

Regulated Brokers: Bitcoin Up exposes new users to relevant partner brokers according to their location. Several of Bitcoin Up’s connected brokers have the appropriate and essential licenses. Users will no longer have to be concerned about swindlers who may steal their money and hide it in the shadows thanks to these safeguards.

Security: Top cybersecurity vendors such as McAfee and BitGo are tapped to supply services for the program. This means that user data is protected and that transactions are protected from prying eyes during the transaction process. Bitcoin Up guarantees to respect user data, which is stated as one of its policies in the platform’s Terms and Conditions page.

User Testimonials: Trustpilot reviews for Bitcoin Up are overwhelmingly positive, with 85% of all Bitcoin Up reviews being positive. The vast majority of them are testimonials to Bitcoin Up’s professionalism, particularly when it comes to assisting consumers in navigating the website.

Pros Cons
 Easy to use interface  Brokers are chosen automatically
 Automated Trading  Misleading promotion
 Regulated brokers  No mobile app
 Safe and secure platform
 Responsive Customer Support

 

 

Which Countries is Bitcoin Up In?

United States: Traders based in the US are also eligible to use the services provided by this robot. Bitcoin Up is a user-friendly platform for all cryptocurrency traders in the United States.

United Kingdom: Bitcoin Up is a cryptocurrency that is available in the United Kingdom. Traders can get started by simply registering on the robot’s official website and then beginning to trade with the robot.

Canada: Canadians are also able to take advantage of the services provided by Bitcoin Up. If you want to get started right away, you can quickly register on the platform’s official website by entering the necessary information.

South Africa: South African traders also have access to the services of this trading robot, and all they need to do is sign up on the platform’s website.

Italy: Bitcoin Up offers its services to investors in Italy, providing them with an easy-to-navigate user interface and a simple-to-use platform.

India: To accommodate traders from India, the affiliated brokers of Bitcoin Up have a variety of payment options available. This means that traders in India will be able to take advantage of the services provided by Bitcoin Up as well.

Brasil: Traders in Brasil can use the Bitcoin Up platform to trade Bitcoin and other cryptocurrencies. In just four simple steps, you can get started.

Uruguay: Trading bot services are also available to traders based in Uruguay, who can take advantage of the bot’s services. Because the platform is user-friendly, users can gain access to the app’s features and functionality quickly and straightforwardly.

Ireland: Citizens of Ireland are also eligible to use the services provided by Bitcoin Up. Bitcoin Up Ireland has a straightforward signup process, as well as a straightforward platform to use once you have signed up.

Australia: Australian users now can sign up for a Bitcoin Up account and use the robot’s features, as the site now allows them to do so.

How Much Money Can I Make Using Bitcoin Up?

According to the corporation, Bitcoin Up produces profits for its consumers of up to $2,000 each day or more. Cryptocurrency trading, however, is not almost as profitable without experience or prior expertise. Under no circumstances can this be applied to everyone. Before calculating how much a user may achieve in one day, several criteria have to be considered. Profit depends on the number of investments made, current market conditions, trade platform experience and the criteria of cryptocurrency and risk. We cannot thus promise a certain rate of return.

When should I use Bitcoin Robots?

Accuracy: As a very volatile cryptocurrency market, traders have to be accurate in their techniques to succeed. As traders have to enter and leave the market at a suitable time, these bots carry out the essential analyzes and enter or leave a trade at the appropriate time.

Keep your emotions under control: Traders might sometimes grow emotionally tough about their companies. When they leave with the anticipation of generating a profit, they can stay on the market excessively long. This can hurt your portfolio considerably, which is why an automatic trader is utilized. Write down your trade strategies, and the software will work ruthlessly for you if you want to trade securely without allowing your emotions to get in danger.

Simplifying complex trade procedures: certain business techniques are difficult to apply because they take too long to create or are too tough to grasp. These commercial approaches are undoubtedly profitable, but the employment of new technology will be necessary. Bots are able to perform these trades to optimize revenues.

Is Bitcoin Up Right for Me

The Bitcoin Up trading robot is packed with great features. With its high speed, automation and user-friendly interface among many other features, you don’t need to be a crypto expert to operate it. The Bitcoin Up platform is right for anyone who wants to make a good profit while trading the crypto market.

Worthy Tips for Beginners to Make Positive Returns Using Bitcoin Robots

Learn all you need to know about trading cryptocurrency

It is crucial to remember that it takes time and effort to understand the fundamentals of a trade. You need to know a couple of crucial concepts when you decide to use bitcoin robots as your business platform to get started and understand what you’re doing. You won’t have any trouble starting because, fortunately, the overwhelming majority of Bitcoin robots give you the vast majority of information you need.

Learn about the crypto assets you want to trade

Know more than just the current performance of the asset about your favourite asset enables you to design stronger trade strategies based on changes in asset performance over time. Instead, if you have insufficient information on your item, you may be exposed to greater trade risks, hence raising the possibility of losses on your initial investment.

Just invest money you can afford to lose

When you start as a trader, you will undoubtedly make big initial deposits to earn more significant returns later on in your career. The money you invest can boost your odds of profits, but the money you invest can also up your chances of losing your money. In studying the principles of trade, starting with little amounts of cash and progressively increasing their investment as they gain more knowledge, novices must make every effort to be as secure as possible.

Don’t Rush

However, despite the ever more competitive cryptocurrency market, this does not indicate that transactions should be entered as soon as accessible. Before you start trading, take time, among other things, to analyze your options, goals and dangers. This is the secret to success in the financial trading sector. The bulk of people make hasty financial judgments and research has proven that they take full advantage of their financial blunders.

Withdraw your profits

Please ensure that after every profitable deal, you make a profit and deposit it into your account. This will help you to differentiate between your profit and the amount you invested.

Consistently Trade

As the trading platform is always available, you can trade every day or night. There is nothing in your way to perform your routine. It is not necessary to spend at least 20 minutes a day on the platform.

Why are Bitcoin Robots Profitable?

Timing

Bitcoin bots exceed manual cryptocurrency trading efficiency, because bitcoin bots are software programs that buy and sell cryptocurrency far faster than human beings can. You may want to use a trading bot to assist you to make more accurate market orders in stock exchanges with more precision utilizing a trading indicator.

Consistency

Consistency is one of the most significant differences when comparing bots and humans. Bots may work and transact continually according to particular indicators, although human beings are not. Robots outperform people by a considerable margin. It can be tough to maintain business discipline while dealing with cryptocurrencies; however, you can lessen the likelihood of emotional trading by using a trading bot.

Speed

Speed is crucial in the Bitcoin trading process since it’s particularly true in the Bitcoin trading process in most other financial transactions. Bitcoin Trading Bots can therefore maximize your profits while enhancing the trader’s efficiency.

Possible Risks when trading with Bitcoin Up

The platform has no problems, even though the earnings are dim. One feature of bots’ share is a high level of leverage, and Bitcoin Ups’ leverage is as high as any other. While big gains are possible, it is also true that your whole capital could be lost in a matter of seconds. The platform offers leverage of 1:1000 which means the trader can bet 1000 the profit or loss. Trading with higher leverage is risky especially in the crypto space. For a new user, trading with leverage or using the robot to place leveraged trade may not work in your favor, as the returns are high so is the possibility of a loss of all your capital.

Does Bitcoin Up have an app?

Yes. You can use your web browser to access the Bitcoin Up application. With this, you won’t have to worry about app upgrades, installations, or any other problems related to downloading apps. You can also use your mobile devices to access this platform, such as tablets and smartphones.

 

Has Bitcoin Up Been Featured on the Media or Endorsed by a Celebrity?

Reddit - British Trade Platform

Bitcoin Up Reddit

Prominent Reddit articles claimed that Bitcoin Up is endorsed by several celebrities. None of them could, however, give substantial proof in support of their assertions. Some even believe that some of these famous people possess this bitcoin robot. However, our study has found that these rumours are not real and that no attention should be paid to such speculations.

Trustpilot

Bitcoin Up Trustpilot

Bitcoin Up has a big amount of trust pilot evaluations, most of them positive and some of them bad. However, the robot received about 4.5 out of 5 ratings, making it well known. The reviewer’s comment shows that it is an outstanding trading offer.

Elon Musk

Bitcoin Up Elon Musk

Elon Musk is an independent millionaire behind SpaceX and Tesla Motors, and the brain behind it. He is also a powerful celebrity with a unique comment that he can wreak havoc in markets around the world. He didn’t endorse Bitcoin Up at any time.

Bitcoin Up Don Cherry

There are just several websites that have claimed that Don Cherry is connected to Bitcoin Up in some way. These stories, on the other hand, are completely false, and Don Cherry has never spoken about this particular website.

Gordon Ramsay - British Trade Platform

Bitcoin Up Gordon Ramsay

Gordon Ramsay is a famous chef who has appeared in several movies and TV shows. He is one of the world’s best-known and wealthiest chefs. He was rumoured to have invested in the exchange of Bitcoin Up. Some even hypothesized that he exploited this commercial bot to disclose the source of his great wealth. However, because there is no evidence to date that Morgan has made or has not done Bitcoin Up investments, there is little more to say regarding his involvement in Bitcoin Up. We all know that Ramsay has accumulated significant wealth in its culinary efforts.

Bitcoin Up This Morning

It is rumoured that Bitcoin Up was highlighted on This Morning with several celebrities. This sparked our interest and sought out these episodes. However, we did not find any of these episodes. So these rumours are pure rumours and they are not genuine.

British Bitcoin Profit - Holly Willoughby

Bitcoin Up Holly Willoughby

This Morning co-host, Holly Willoughby is alleged to have invested in Bitcoin Up. When we looked into her interest in bitcoin, we found she had never mentioned it. As a result, the platforms making these claims are likely to be misleading.

Bitcoin Up Justin Trudeau

There have been rumours that Justin Trudeau uses Bitcoin Up because of internet ads presenting Trudeau as affluent due to Bitcoin. It is unknown if Justin Trudeau has invested in bitcoin. However, our research turned out that he never invested in Bitcoin Up.

Bitcoin Up Jim Carrey

Jim Carrey has never, to our knowledge, made use of the Bitcoin Up platform, despite the contrary claims of some online sources. Jim on the other hand, does not appear to be a user of this platform.

Bitcoin Up Keanu Reeves

Keanu Reeves, the famous Canadian actor, was supposed to have put $360 million net in Bitcoin Up, which is the source of his fortune. We searched the Internet, we reviewed evidence to back that allegation. We did not find a link or sign of his approval for Bitcoin Up. Therefore, we believe this rumour is incorrect.

Xavier Niel

Bitcoin Up Xavier Niel

Some have said that Xavier Niel endorsed Bitcoin Up. Some even said he invested in it. We found no evidence of his involvement with Bitcoin or Bitcoin Up. Neither have we found traces of his investment in the trading platform.

Bill Gates - Bitcoin

Bitcoin Up Bill Gates

Bill Gates is an American entrepreneur and billionaire co-founder of Microsoft. Rumours say he Endorsed Bitcoin Up. Currently, there is no evidence to support these claims. This means the rumours are most likely false.

BBC - British Trade Platform

Bitcoin Up BBC

Fake news has been spreading regarding the BBC website promoting celebrities who “heavily” invested in bitcoin systems like Bitcoin Up. Beware of fake BBC websites that are clones of the original. Checking the URL is one way to readily detect this as they misspell the URL. Beware of such ads. The BBC does not advertise Bitcoin Up.

Bitcoin Up Review: Our Conclusion

According to our investigation, Bitcoin Up appears to be a legitimate robot. While the services of a trading robot can be utilized as a part of a trading plan, a trader should avoid being fully reliant on the robot’s capabilities. Furthermore, boasts of customers achieving profits of $1200 per day are nothing more than marketing tactics – you might not experience returns of this magnitude if you utilize Bitcoin Up. Furthermore, even though the robot’s website makes it appear as if there are prominent individuals or celebrities linked with the platform, there are no such people or celebrities associated with the platform.

 

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FAQs

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About James Diko PRO INVESTOR

James Diko is a content writer/editor and also a Crypto enthusiast with years of experience as an investor/trader in the crypto market. James believes Cryptocurrency is the future of the Fintech industry, and it is his passion to enlighten people about it. As a result, James has written articles on many aspects of the Cryptoverse through thorough research and analysis, reviewing different trading platforms including crypto trading, forex, and stock trading. Now, James writes honest reviews about trading platforms and automated trading tools to guide inexperienced traders and help intending users make good choices.