Qumas AI Review 2023: Is it Legit, or a Scam?

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In the current cryptocurrency trading landscape, many traders are turning to tools like Qumas AI and other crypto auto trading robots. These tools enable traders to place profitable trades without the need for continuous monitoring or in-depth technical analysis.

Qumas AI is a crypto trading robot that purports to have the capability to scan extensive market data and respond quickly to fluctuations in cryptocurrency prices, thereby aiding users in making profitable trades. This 2022 review of the Qumas AI robot aims to furnish you with all the necessary information about this robot. Continue reading for more insights.

 

Qumas AI at a Glance

Type Bitcoin Robot
Minimum Deposit $250
Win Rate 88%
Withdrawal Duration 24 Hours
Mobile App No
Supported Cryptocurrencies BTC, ETH, XRP,BCH, LTE,XMR etc.

 

Qumas AI Review: What is Qumas AI?

Qumas AI is a trading platform that makes trading cryptocurrencies profitable and simple. It is said to leverage cutting-edge trading technologies powered by blockchain and artificial intelligence to enable smart trading on the crypto markets. Users attest that the algorithm can analyse the markets quickly, identify profitable transactions, and execute on behalf of a trader with a very high degree of accuracy.

There are rumours that the trading platform was developed by a group of financial engineers and cryptocurrency specialists. However, we could not find conclusive proof to support these claims. Also, the official website does not mention the robot’s developers.

The platform’s official website includes customer reviews from people who have benefited from its services. In our Qumas AI review, we examine the validity of these assertions. We will also explore the features and functionalities of this robot.

 

Qumas AI: Legit or a Scam?

Although Qumas AI provides good automated and manual trading services, claims made by third parties that it has helped people earn $500 per hour are dubious and improbable.

The robot is said to partner with trustworthy broker platforms and employs cutting-edge technology innovation to make trades. And online reviews have testified to this. Many users have also talked about how much they have benefitted from its services.   

Qumas AI provides valuable features like demo trading that newbies can use to study the basics of cryptocurrency trading. Expert traders can also use it to leverage automated technologies to pursue their trading goals. But before using Qumas AI app, you should always do your research; neither beginners nor professionals should entirely rely on the trading platform.

Qumas AI Features

Easy Registration and Navigation

According to multiple users’ online testimonials, the Qumas AI registration process is quick and simple, and the user interface is reliable and friendly. The majority of brokers will let you register with them. Then, after depositing funds, you can activate the system within a few hours, at which point you can start trading right away.

Customer Service

The Qumas AI trading platform is easy to understand and use and offers round-the-clock customer service. In addition, you can contact the support team via email or live chat to address any queries you might have. Their website also has an FAQ section to learn more about it and how it works.

Customer Testimonials

The platform has many positive Qumas AI robot reviews and testimonials from people who claim to have made significant profits. Although it is impossible to confirm the honesty of these testimonials, they are all positive and recommend this automated trading platform.

Deposits and Withdrawals

It is crucial to know that the Qumas AI wallet accepts bank/wire transfers and other payment options available. These options include PayPal, Neteller, Bitcoin Wallet, Maestro, MasterCard, Visa, Skrill, and WebPay. These methods make deposits and withdrawals easy and accessible from various countries. Additionally, deposits are immediately visible in the trader’s account.

Demo Trading

The Qumas AI’s demo account offers a useful approach to learning about the platform and crypto fluctuations without spending real money. This experience is informative and educative. The numerous hints available in this mode will help beginners be ready when they switch to live mode.

Trading Purpose

The developers of the Qumas AI trading platform have built an algorithmic trading feature into the system. All trading operations are carried out passively by this function without user input. The software aims to scan all accessible resources and identify and analyse their results. This data allows you to trade each asset according to your chosen parameters. As a result, it will carry out the trade and make money for you without your awareness.

Customer Support

Customers can contact the support team in a variety of ways, according to online reviews. These include email, phone calls, and live chat. The customer support is impressive because it is available around the clock and responds to emails in less than 48 hours and not days.

How to Create a Qumas AI Account

Step 1: Qumas AI Registration

To start with the Qumas AI app, you must register on the platform. You can do this by clicking on the “register” button at the top of the web page. That will redirect you to the Qumas AI signup form, where you will fill in your basic information such as name, email address, phone number, address, etc. After completing the registration, you will be asked to verify your identity. This is a standard KYC procedure. All you require is a valid ID card and proof of address. All these will only take about 20 minutes for you to complete. Once you have passed the verification, you are ready to begin trading.

 

Step 2: Initial Deposit

Funding your Qumas AI wallet with actual money is the next stage in setting up the app. The Qumas AI platform demands a minimum investment of $250, so it can be affordable to many traders, including novices. The brokers accept a variety of payment options for deposits and withdrawals, including Visa, MasterCard, Neteller, Skrill, bank wire, and others.

Step 3: Demo Trading

Although it is not necessary, finishing this step is highly advised. Before investing your money into Qumas AI, you can use the demo account to examine their various trading strategies or figure out how the algorithm functions. You can trade virtual money in the demo account, and the features available in the live trading account are identical to those in the demo account.

Step 4: Trade for Real

Trade for real

The final step in making money on the Qumas AI platform is to start live trading on the site. This is when the Software algorithm comes into play, automatically detecting trading opportunities and executing trades on the user’s behalf. Once the software’s high-end algorithm is configured to trade automatically, the software will begin trading. To begin, a trader can customise the robot’s trading parameters, which include information such as the cryptocurrency pairs to be traded, the amount to be invested in every trade, and other risk management settings. First, the system analyses hundreds of websites for the most recent bitcoin market information, which it then saves. Next, it analyses the data and generates trading signals. The Qumas AI robot then executes trades on the trader’s behalf and closes them when the trader realises a profit.

Qumas AI Features – Why Choose this Bitcoin Robot?

Free Software: Qumas AI offers its sophisticated algorithm for free. You can use the robot without needing a license, payments, or other requirements.

Easy-to-use Platform: Qumas AI has a straightforward interface that even those who have never traded cryptocurrencies before may utilise.

Safe and Secured Platform: The Qumas AI platform ensures user safety by encrypting data using the most recent technologies and maintaining the security and transparency of transactions on the blockchain. An example of the security measures it employs is SSL encryption.

Reputable brokers: According to the robot, top-tier, licensed brokers have been attracted, giving consumers the confidence they need to conduct trading.

Fast and Highly Accurate: The fact that Qumas AI algorithms are far more advanced than any manual process is a key benefit.

Excellent Customer Support: The customer support of the Qumas AI robot is easily accessible. The customer care agents respond instantly via live chat and email in less than 48 hours. The agents are also courteous and professional in dealing with users.

Pros Cons
 Excellent customer support  Misleading marketing strategy
 Demo account  Founders’ information is not available
 User-friendly platform
 Fast and easy registration
 Free software.
 Fast withdrawals

 

 

Which Countries is Qumas AI in?

United States: US traders can also access the Qumas AI trading tools. 

United Kingdom: Qumas AI’s UK services are available for UK traders; you need to open an account to access these services. Just follow the Qumas AI registration process above to get started. After that, it requires only a £250 investment as capital to get started.

Canada: To use Qumas AI in Canada, you must register, deposit and start trading using the registration form.

Australia: Qumas AI opens its doors to Australian users, who can create an account on the site and access the robot’s trading tools.

How Much Money Can I Make Using Qumas AI?

According to reports, customers of the Qumas AI platform can expect daily gains of at least $1,000. But in reality, there is nothing like a guaranteed profit in cryptocurrency trading. How much you make will depend on the market, your understanding of the crypto market, your proficiency with the trading bot, and many more.

When Should I Use a Bitcoin Robot?

Timing

Since the crypto market is so volatile, the time you spend working with this digital currency is critical. Trading with better timing can help you achieve more trading precision, which you should consider. Also, entering the crypto market and deciding when to enter it regularly may take some time. And this is when using a trading bot is advantageous. Trading bots can save time by watching and analysing the market on your behalf before making trades for you at the most appropriate time. In addition, when you have a long-term assignment to finish, trading bots come in handy.

Precision

Traders must be extremely precise in their strategies because of the volatile crypto market. To complete all necessary analysis and enter or exit trades at the appropriate times, traders must enter and exit with the highest possible precision. If you want a high yield at uncertain times, then using a Bitcoin robot is the best option.

Worthy Tips for Beginners to Make Positive Returns Using Bitcoin Robots

Take Advice from Crypto Experts

You will need to learn about crypto to profit from it. As a result, you should try to listen to the opinions of crypto experts and professionals. To better understand bitcoin trading, you might start following certain publications from top websites. You’ll be able to comprehend the market more accurately and execute high-quality trades.

Know what your investment limit is

When beginners begin to make money, they frequently make the error of dedicating all their funds to trading, which is not a smart move. Note that even if the bot’s previous results were flawless, there’s no guarantee it will do so again. Increased investment does not always imply increased earnings. These choices must be based on hard facts, evidence, and information rather than gut instincts and human feelings.

Start small and work your way up

You should become familiar with market elements and how the trading bot operates before you can invest a lot of money into it. As a result, you should always start with a small amount of capital and increase your working capital progressively as you earn from the bot. 

Observe your trades and take notes

Even if a Bitcoin robot can automate some of the time-consuming aspects of manual trading, you should still do your homework. Setting better trade criteria and instructions for 

the bot will help you grow as a cryptocurrency trader and position you to maximise your profits. It is smart to experiment with different trading tactics to see how they perform. You may test your ideas without risking any money using the built-in demo mode.

Get a Trading Friend

Your crypto trading colleague can help you assess the market’s risks. You can also set trading objectives with a group of individuals and try comparing your results to those of others with similar trading traits.

Is Qumas AI Right for Me?

The two most valuable qualities of the Qumas AI are its speed and automation. There are other benefits as well. But with these two, you can be assured of precision like none other. If you’d like to trade more precisely, you should use Qumas AI as your trading platform. 

 

Why are Bitcoin Robots Profitable?

Precision

When utilising a bot to place market orders on crypto assets, users can employ a trading indicator to assist them in placing more accurate market orders.

Consistency

Among the most notable distinctions between bots and humans is their ability to operate continuously without interruption. This is because they carry out transactions following a set of rules. In this regard, robots exceed humans by a wide margin. It can be difficult to maintain emotional control when it comes to cryptocurrency. However, utilising a trading robot can help reduce the likelihood of emotional trading.

Timing

Bitcoin bots are far more efficient in terms of time than manual cryptocurrency trading. This is because they are programs that can buy and sell cryptocurrency much faster than people can. You could use a trading indicator in conjunction with a trading bot to place more precise market orders on stock exchanges.

Possible Risks when trading with Qumas AI

One of the major limitations of the tech is the possibility of mechanical failure of an automatic trading robot. Even though all automated trading robots are outfitted with sophisticated trading tools, discrepancies are possible. Another significant limitation of the Qumas AI trading software is that it requires a continuous and reliable internet connection; failure to do so may result in significant trading losses.

Does Qumas AI have an app?

The bitcoin trading bot does not have a mobile app, but any Android or iOS smartphone with a web browser can access its software. Also, regardless of your operating system (Windows, Mac, or Linux), you may view Qumas AIon mobile and desktop. 

 

Has the Qumas AI been featured in the media, or has a celebrity endorsed it?

Qumas AI Reddit

Several Reddit posts claim that several celebrities have joined the Qumas AI. However, none of them was able to provide concrete evidence to back up their claims. Therefore we can conclude that they are false.

Trustpilot

Qumas AI Trustpilot

Qumas AI has many reviews on Trustpilot, with the majority being positive and only a few being negative. As stated by the reviewers, it is an excellent trading bot. However, you should beware of fraudulent people promoting Qumas AI app scams through misleading testimonials.

Qumas AI Elon Musk

Elon Musk is a multibillionaire and the CEO and founder of several companies, including Tesla and SpaceX. He’s rumoured to have made some Qumas AI investments. However, there is no proof to support these untrue claims.

Qumas AI This Morning

Rumours have it that Qumas AI has been featured with some celebrities on the This Morning tv program. However, there are no such episodes. Therefore, these rumours are mere rumours and are not true.

Qumas AI Martin Lewis

Martin Lewis of Money Saving Expert has previously sued Facebook over ad scams, falsely claiming he has profited from crypto investments such as those made through the Qumas AI. He never endorsed Qumas AI investment.

Qumas AI Review: Our Conclusion

With various features advantageous to novice and expert traders, Qumas AI enables the automatic trading of crypto assets. According to reports, the robot has a high success rate. However, beginners shouldn’t rely entirely on the robot to trade cryptocurrencies. Only use the robot as one of the useful trading tools at your disposal while you conduct your independent research whenever possible. Backtesting and manual trades are features of the Qumas AI that expert traders can also take advantage of.

 

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FAQs

Does Qumas AI work?

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What are Bitcoin Robots?

 

About Peter Knight PRO INVESTOR

Peter Knight is a content writer and also a Crypto enthusiast with years of experience as an investor/trader in the crypto market. Peter believes Cryptocurrency is the future of the Fintech industry, and it is his passion to enlighten people about it. As a result, Peter 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, Peter writes honest reviews about trading platforms and automated trading tools to guide inexperienced traders and help intending users make good choices.