BitiCodes Review 2022: Is it Legit, or a Scam?
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.
Bitcoin and other cryptocurrencies have become one of the primary sources of income and great investment opportunities for investors/ traders for a couple of years now. However, the industry is highly volatile which is why bitcoin traders need to have access to tools that will ensure they make the right trading decisions. Many traders tend to use automated trading platforms to improve their efficiency and make their job easier as well.
BitiCodes is a crypto trading robot that claims to help users achieve up to 60% in daily profits from trading cryptocurrency. The platform only charges a small commission on your profits and offers a demo mode so you can backtest it and see if it’s right for you.
So, is BitiCodes a scam or legit? We’ll find out in our BitiCodes review.
|Withdrawal Duration||24 Hours|
|Supported Cryptocurrencies||BTC, ETH, XRP,BCH, LTE, XMR etc.|
BitiCodes is an automated trading bot designed for trading Bitcoin and cryptocurrencies. The platform was reportedly developed in 2017 and it claims to have a win rate of 90% which is higher as compared to human trading as it is based on a programmed algorithm backed by AI.
The platform analyzes the market, predicts the possible variation in price, and places trade orders automatically. Furthermore, BitiCodes is a trading platform designed and developed to help both newcomers as well as specialists in their trading activities. The robot analyzes the cryptocurrency market trends and also predicts the appropriate time to either buy or sell Bitcoin. Additionally, BitiCodes can easily classify data into fundamental and technical analyses and this has set it apart from other trading platforms. BitiCodes segregates the data into qualitative and quantitative, which is an edge over other platforms that can only observe and consider purely quantitative data.
It’s only reasonable to express doubt on a platform that claims to offer quick returns due to the high number of cryptocurrency scams that pestered the cryptocurrency world. However, in our research, BitiCodes seems to be a legit trading bot according to many users’ testimonials and BitiCodes app reviews, a lot of traders claim that the software has earned them good profit over the last few years while also benefitted from the customer service which is always accessible, responsive, and welcoming. Checking through several websites, you can find positive reviews that explain how the platform helped them acquire financial stability.
The platform is said to have a very high success rate compared to other trading platforms and also to create a self-learning algorithm, the trading platform utilizes the cutting edge in trading technology, by incorporating Machine Learning and Artificial Intelligence.
Moreover, it is said that you can withdraw your initial deposit at any time with no penalty if you change your mind about trading. Also, the demo account is a way to try out BitiCodes without risking real money. You can see how the algorithm performs under specific market conditions, and only commit money to live trades when ready.
It’s claimed that the platform can deliver profits up to 60% daily is one of the most impressive features of the BitiCodes. That simply means that you can earn up to $150 by the end of the first day if you start with $250, and this might continue day by day.
According to the BitiCodes website, the claimed win rate of its algorithm is around 90% of the trades that it opens. However, note that all trading carries risk and you could lose money while trading with BitiCodes also we were unable to verify BitiCodes’s claimed success rate or daily return.
With the availability of the demo account on this trading platform, those who are interested in trading but do not have substantial knowledge were able to learn the trading system and user interface.
Therefore, it is advisable to practice with the demo account to examine different trading strategies and also evaluate its performance before starting real trading.
Customer Service is accessible for 24 hours in 7 days and it can be contacted via phone, email or live chat. If some concerns or issues need to be attended to, the Customer service can be reached out to and they will be glad to render help. The services provided are exceptional and prompt.
Free registration is another outstanding feature of BitiCodes. The platform doesn’t take a share of your capital or profits. It’s completely free with no hidden charges.
BitiCodes registration process is simple, quick and straightforward. It doesn’t require you to fill out any lengthy forms and you do not need to go through any complex processes to complete your registration as all the processes don’t take more than 20 minutes of your time.
To retain a high success rate, it is reportedly said that the advanced crypto trading algorithm of this trading platform has been optimised by the team behind it over the years.
To secure against malicious elements like hackers, to prevent data breaches and to keep your personal information and funds safe, it is allegedly said that the trading bot reportedly complies with the industry’s best practices.
What serves as the initial step in establishing an account in this trading platform is to register on the website and this registration process is very simple and quick.
Therefore, to get registered, you need to go to the official BitiCodes website and complete a registration form to create a free account. You should offer your basic information such as your first and last name that is, your full name, phone number, and email address. You do not need to add personal user information like bank account numbers, transaction details, or trading history related to the bank account.
Once you are done trading with the Demo Account, gained knowledge of how the trading platform works and are satisfied with the results, then it is time for you to begin trading with real funds. You can add any amount of money that you wish, but the minimum deposit that the platform requires is $250. Once you have added funds to the account, all you need to do is click on “Auto-Trade”, select the pair you wish to trade on, and then sit back to watch the platform perform trades on your behalf.
Note that it is advisable you make a bare minimum investment on your first attempt. The given payment methods that are available are Visa and Master cards, Credit card or Debit cards, Neteller, American Express and Discover Network.
To become familiar with the trading platform and its many characteristics while also gaining a general understanding of what it is like to trade, you may need to learn to trade with a sample account, which will help you improve your overall trading process and boost your profit.
From various BitiCodes reviews, it is reportedly said that the trading app offers a demo account for its traders. The BitiCodes crypto trading system grants the trader a credit of $1500 If a trader likes to test the software to its full extent. This amount can be used to start their trades in the demo mode for the trader to practice.
Please take note of this any money you make or lose in the demo trading environment is not real money. It is solely for demonstration in a demo account. After you have gained confidence, you can begin trading sessions.
After funding your account, you are ready to start trading with BitiCodes. You just have to switch your account from demo to live to trade. Then just sit back and watch the robot go to work. When the auto-trading feature is activated the trading bot begins scanning the markets in search of potentially profitable investment possibilities.
You do not need to go through a boring or complex registration process to create an account with BitiCodes. The registration process is free, simple, quick and straightforward. You only need to provide your basic information and it won’t take more than 20 minutes to complete the registration and start trading.
An amazing feature of BitiCodes is fast withdrawals, unlike many cryptocurrency trading platforms that require customers to wait for up to a week before making a trade. BitiCodes does not need this. With BitiCodes, you only have to submit the withdrawal form, and your payment is processed within 24 hours. And there are different payment methods available as well.
BitiCodes is reportedly said to be a free trading platform, unlike many trading bots and platforms which often charge commissions or have some hidden fees. That’s not the case with BitiCodes.
In the research carried out, BitiCodes appears to be a registered company that complies with regulations and has the authorization to conduct cryptocurrency trading on its users’ behalf.
Their customer service is said to be prompt and accessible 24 hours a week. Users testified to their availability in attending to issues or complaints on the platform.
Attempting to obtain assistance from one of the customer service representatives would take only some minutes before receiving satisfactory responses to your queries.
A variety of methods can be used by Users to deposit and withdraw funds from BitiCodes. This is, however, designed to make things easier for everyone involved.
|Fast withdrawals||An unverified claim about the bot’s efficiency|
|Always accessible and boasts supportive customer and technical service||A minimum deposit of $250 may be a barrier to entry for some|
|Easy and free registration|
|24/7 Customer care service|
|Free to use|
BitiCodes United States: BitiCodes just like almost all credible bitcoin robots works in the USA. You may quickly register to start trading on the platform’s official website
BitiCodes United Kingdom: BitiCodes services are accessible for UK traders as well, and to have access to these services, you must open an account on the trading platform. Just follow the process of our account creation above to start. Getting started requires only a $250 investment.
BitiCodes Canada: This platform is available also in Canada. It’s easy and quick to start with BitiCodes Canada. After your account has been created, deposit $250 and you can start trading your preferred cryptocurrencies. But don’t forget to test trial trading before real trading.
BitiCodes Australia: Australian citizens are also entitled to the services of the platform. BitiCodes Australia offers quick registration and use of the platform.
Profitability in BitiCodes is dependent on a variety of factors, for instance, the amount of money spent, the level of risk taken on each trade, and the volatility of the market. Because the market is volatile, there is no guarantee that your money will not be lost as a result of this.
When it comes to complex trading techniques that must be automated, trading bots are essential as some techniques are physically impossible for a human to carry out in their entirety. However, with the assistance of this trading bot, such activities can be done with ease. Therefore, trading bots are advantageous when used.
Using an automated trading bot like BitiCodes is vital in repetitive tasks while trading. When you employ a trading bot, you are essentially performing the same thing we are doing with our trading strategy when we trade manually. As long as you keep the trading bot running, once the operation is performed and the trading bot is configured, you will be able to reproduce your previous work endlessly.
Using cryptocurrency trading bots is a simple and quick process because all trades are completed automatically. All that is required is that you follow the procedures of BitiCodes and set up your trading account there. This indicates that the platform is very easy to use. To begin trading with a reliable bot, you should use the BitiCodes Website to get started.
It is advisable and beneficial for Beginners to make modest initial investments in the cryptocurrency market, which we define as “starting small.” By doing so, you will have a better understanding of how the automated cryptocurrency trading system operates
BitiCodes asks for $250as working capital but $25 is the minimum trade limit, you should always start small and see how your trade works. You can increase the amount gradually to improve your overall returns after you’ve gained some experience and confidence. Knowing all these will help you to play safely in the market.
Many traders have the habit of investing all their earnings. However, this is a poor trading strategy. It is advisable to always save some percentage of your profits to ensure trading remains an overall net positive for you.
Do well to take out your profits regularly and when feasible to avoid a negative cash flow. This is because the cryptocurrency market is extremely volatile by its definition. Therefore, it is important to remove your money as soon as possible and keep it safe.
It is important to only invest what you can afford to lose. One of the factors that negatively impact human traders is greed. If you invest all your profits in a trade after making a massive profit in the previous one can result in a loss of everything you have earned if it failed. So, be careful when investing, it is advisable to invest what you can only afford to lose.
BitiCodes, like other trading robots, have a huge profit potential but also come with a high level of risk. Note that there is a risk associated with the use of leverage, which is one of the considerations that you must consider before trading with this bot.
Generally, trading via the internet is inherently unpredictable due to the nature of the medium. The BitiCodes was, however, created in order to reduce the intensity of the trading process itself. According to the developers and the user’s testimonials, the software is capable of conducting and recognizing successful price action, as evidenced by the results obtained.
Unlike Humans, Bitcoin robots never get tired of working. Therefore, their response time to changes in market circumstances and volatility is quite short. Once the trade rules or criteria have been met, trade orders are immediately sent, including protective stop losses and profit objectives, to ensure that the deal is successful.
Yes. It had a highly intuitive desktop trading application, according to the platform’s official website. This application can be accessed through your desktop computer or Laptop
There are some threads on Reddit suggesting some certain celebrities are affiliated with or have endorsed BitiCodes. However, most of the claims could not be verified.
The entrepreneur and founder of Tesla are also said to have backed BitiCodes, according to media reports however this claim could not be verified.
Holly Marie Willoughby is a British novelist, model, and television presenter on This Morning. News spread that he endorsed a robot crypto platform on his show, however, his endorsement was complete misinformation.
Martin Lewis is a TV star and it has been falsely advertised that he endorsed the crypto trading bot BitiCodes. However, he confirmed in a blog post that he has nothing to do with it.
BitiCodes offers auto trading services in the bitcoin market, which can be quite beneficial to a large number of investors. We carried out a comprehensive analysis of online reviews and testimonials concerning this trading bot and found many to report it legitimate, trustable and reliable trading platform. If you consider using this software, do well to check it out yourself using a demo account before risking trading with real money. The trading platform is reportedly said to be free without any hidden charges and easy to use. Additionally, contrary to what the platform states, BitiCodes is not linked with any celebrities or other notable persons.