BitSignal Review 2021: Is it Legit, or a Scam?

The times have proven that it’s hard to get well-paying jobs that will satisfy your needs thoroughly.  This has given rise to the need to get alternative sources of income to help you live the life you want to live and have excess to spare. One of those ways to make extra income is trading cryptocurrencies or coins as they are called.

Like the ‘Dot com’, there is an opportunity for everyone to start trading cryptocurrencies regardless of financial status. Everyone wants to make money from the cryptocurrency market, but some are hindered by either not having knowledge or having time to dedicate to trading every day. The answer is auto trading bots which all a user need is basic knowledge of how to operate a computer or smartphone.

BitSignal is an amazing system that helps trade the cryptocurrency market automatically without too much input from the user and has a high winning ratio. This platform is great because it allows new people to the crypto world to trade profitably. It has amazing features like automated trading, stop losses, and good customer service which has caused it to be popular among traders. It has been reported that traders make up to $1300 a day trading on this platform.

There are so many auto trading platforms out there that it’s almost impossible to distinguish the real ones from the fake ones. A new user should research any platform they want to invest in and in this review, we want to find out if the BitSignal platform is legit or a scam? Are they secure? Are their claims true? Let’s find out about the BitSignal trading platform.

 

BitSignal at a Glance

Type Bitcoin Robot
Minimum Deposit $250
Win Rate 95%
Withdrawal Duration 24 Hours
Mobile App No
Supported Cryptocurrencies BTC, ETH, XRP, XMR, LTE, BCH

 

BitSignal Review: What is BitSignal

BitSignal is a state-of-the-art platform that is automated for trading cryptocurrencies by using sophisticated algorithms. The software uses artificial intelligence that helps minimize the risk of losing money when trading. The platform scans through multiple sources reading accurate forecasts within milliseconds to give the user the best deals and make a profit.

 

BitSignal trading app is designed by expert analysts specifically to trade the crypto market and manage the risk that may occur due to volatility. The platform is tested and proven profitable and consistent. It allows users to set up automated trading systems that make trades for the user within the users’ specified limits to help the user save time and make a profit from the platform. It is claimed you can make up to $1300 a day trading on this platform.

The platform has gained ground among traders because of its manual and automatic trading options. The platform also has great security for your data and has customer service that offers 24/7 help to users of the platform.

BitSignal: Legit or a Scam

BitSignal platform appears to be a legit one, from our research. Not only has this trading app received positive feedback from users, but it has also received accolades for its user-friendliness, performance, customer service, and security. While it is true that BitSignal does offer automated trading in cryptocurrency markets, the claims made on its official website are far too good to be true, and it is recommended that you proceed with caution. Although a trading bot is a useful tool in cryptocurrency trading, its website claims to have a success rate of 95%, which is virtually impossible to achieve, and the platform provides no additional information to support this claim. Furthermore, customers have stated on the website’s testimonial section that they have generated more than $1300 in profits daily by employing BitSignal services. In addition, this appears to be highly improbable, and there is no evidence that such profits have been generated.

When navigating the cryptocurrency markets, a trader should always exercise caution. It is critical to understand the fundamentals of both trading and cryptocurrency before getting involved in any way with cryptocurrency trading.

BitSignal: Features

Trading Bot for Free

Most cryptocurrency trading platforms now levy fees at various points of interaction, such as deposit, withdrawal, and trade order execution. For many people, this makes crypto trading an unappealing venture. As a result, BitSignal eliminates all fees, commissions, and hidden charges. There are no financial obstacles to your participation.

Fast and reliable transactions

The BitSignal system is intuitive and so easy to use which makes the performance of the transaction fast. You can easily deposit and start trading easily and have all your earnings withdrawn to your account in no time.

Outstanding performance

The platform has an impressive performance rating. This has kept investors coming back to trade on the platform. Investors are assured that the bot will perform as advertised on the platform.

Accuracy

The Bit Signal bot is accurate in calling signals for an investor to trade profitably. The platform also deals accurately with payout and withdrawals. There is no discrepancy in the amount gained and the amount remitted to the account.

Customer support

You can contact customer service at any time during the day if you are having problems with the trading bot, or you have any questions or concerns about it. The customer support can be contacted as many times as needed and be relied upon to be met with a friendly representative ready to help.

Online safety

The safety protocol of the BitSignal is not difficult to identify.  It uses an SSL security system that’s effective in encrypting the user’s personal information and ultimately offers protection for the user’s fund.

How to create a BitSignal account

Registration

The first step is to fill out a registration form which can be found on the platform’s official website. Once the form is filled, you’re ready to start.  All BitSignal wants for the registration is your essential information like your name, email, your phone number, your country of residence. There is no need to give out your private information like credit card details. After the form has been submitted, you’ll be assigned a personal account manager to help you through the entire process of getting your account set up. They will be there through the verification and help solve all the issues you may have or arise while creating the account.

 

Deposit

To get full access to the whole trading platform and helps you begin trading, you have to make a deposit and fund your account. BitSignal does not require any signup money so the money deposit will be available in full for you to trade with. The minimum deposit for the BitSignal trading app is $250. Deposits can be made through various payment channels including cryptocurrency wallets. The platform uses SSL certificates and follows GDPR rules which make sure your card details and personal information are safe. It is recommended that first-time investors start with the minimum deposit and increase their holdings as they start making profits.

Demo trading

BitSignal provides a variety of trading tools to assist you in getting ready to go live. A fully functional demo trading option is available. The demo looks exactly like the live platform, giving you a true taste of live trading. The BitSignal demo trading platform allows you to test and familiarize yourself with the system for real without using real money. It is advisable to use the demo account first before live trading to get the hang of things.

Live Trading

After you must have tested and tried the platform and you’re confident enough, then you can start trading for real. Contact your account manager to ensure that everything is in order before going live. They will assist you in setting your trading parameters to reduce your risk of losing money on the platform. The platform is user-friendly as you must have noticed and stood out from other platforms.

BitSignal Review: Features – Why Choose this Bitcoin Robot?

Daily Earnings

The chance of a daily earning with the Bit Signal is higher than most other trading platforms. This is based on the review of the automated trading option. A lot of users have claimed to earned great profit from trading every day using the Bit Signal bot.

Fast withdrawal

BitSignal makes it easy to withdraw your money and fast. External sources have confirmed that BitSignal facilitates transactions within 24 hours of the transaction being initiated. The earnings are sent directly to the account of the user.

Easy to use

 The platform is easy to use, from registration to trading. When everything appears to be so difficult at first, newcomers are hesitant to move any farther. BitSignal offers an easy-to-use interface that makes it extremely adaptive for newcomers to the market.

Demo Trading Mode

This is a system where you are not financially committed yet but you are learning trading strategies with real trades. This ensures that new users do not jump into trades with a large sum of money without understanding how the whole platform or the market works.

Pros Cons
 SSL Encryption for security  No mobile app
 User-friendly  Does not eliminate trading risks
 Free and fast registration  Vague information about the founders
 Demo trading account
 Responsive Customer service
 No prior experience required

 

 

What countries is BitSignal in?

United States: Bit Signal is can now be used for trading in the United States. Traders in the US are free to open an account and trade successfully.

United Kingdom: For United Kingdom traders this trading platform is available. UK users have access to all of the trading robot’s capabilities. Register to start an account.

Canada: The Bit Signal platform includes an easy-to-use trading platform, allowing numerous crypto assets to be traded automatically in Canada.

Germany: The Bit Signal robot is now open to traders from Germany. The trading robot gives traders in Germany a simple-to-use interface. Registration for Bit Signal is simple, and it will only take a few minutes to get things started.

Australia: Among the countries that can take advantage of the services provided by Bit Signal is Australia. Bit Signal Australia’s user interface is simple, making it simple to access all of the site’s functions.

How Much Money Can I Make Using BitSignal?

Bit Signal is said to yield daily profits of $1,300 or more for people who use the system. When it comes to cryptocurrency trading, no constant reward can be guaranteed. So this profit cannot be used for everyone. Before declaring how much a user may do in a day, a lot of different variables need to be considered like the amount of money invested and your knowledge of the cryptocurrency market. We cannot promise a certain return due to changes in the market, trading platform, investment, and risk criteria.

When Should I Use a Bitcoin Robot?

Complex trading Techniques

Some trading procedures are advanced procedures that are almost physically impossible for a human to implement which necessitate the use of trading bots. The approach in question would be difficult to implement without the support of these measures. Trading bots can be used to automate trading methods that are too difficult to execute manually.

Timing

Because of the volatile nature of the market, timing is essential when trading Bitcoin. It is necessary to consider this because trading with better timing may result in greater accuracy in your trade. Every trade has the potential to significantly increase your overall profit. Finding the cryptocurrency market and determining when to enter the market, on the other hand, can be time-consuming tasks. Using bitcoin bots is advantageous in this case. Trading bots are automated programs that can watch and analyze the market on your behalf before completing transactions on your behalf at a convenient time if you have a time-consuming task to complete.

Monotonous tasks

There is a considerable degree of work required to execute administrative tasks because they are time-consuming and boring. In other cases, a tedious, mundane job can become monotonous and frustrating because of its repetitive nature. This is one of the key reasons why many cryptocurrency traders choose to employ crypto bots: they are exceptionally helpful in streamlining and automating the many aspects of bitcoin trading

Is BitSignal Right for me?

This robot was built to provide its users with good trading services regardless of their level of expertise. With its free and fast registeration, high speed, user-friendly interface, and other great features,  It was made for all.

 

Worthy Tips for Beginners to Make Positive Returns Using Bitcoin Robots

Research the market well

Do your research and not follow word of mouth when investing to make a profit. Be sure of the investment and the returns you can get. Due diligence can be the difference between you making a loss or profit.

Be strict with your profit targets

Decide when to take profit or leave the money to make more investment. This is the same thing as taking your profit early. You want to take profit early on your investment as that is the point of the investment.

Invest your money wisely

A word of caution: Putting all one’s savings into cryptocurrency trading is not suggested. A modest amount of their earnings should be set aside to generate passive income through cryptocurrency trading.

Use the Demo Account

Before you start investing real money on this site, use the Demo trading account feature. We’ve already given you some information in the preceding paragraphs, so don’t start trading without first learning about the site’s features.

Follow the Advice of Professionals

Seeking a professional for advice and following it can be the difference between a costly mistake that can wipe out your whole portfolio or more financial gains.

Why are Bitcoin Bots Profitable?

Speed and Efficiency

Bitcoin trading bots are automated programs that perform trades more quickly than humans. Even the most skilled and experienced traders cannot outperform Bitcoin trading bots. Provided you code your Bitcoin trading bot appropriately, it will continuously execute deals in a timely and efficient manner. And speed is critical in the Bitcoin trading process, as it is in most other financial transactions. As a result, Bitcoin trading bots can assist you in making more money from your activity by increasing your efficiency.

Emotionless Trading

When it comes to Bitcoin trading, emotions can lead to costly mistakes. Regrettably, some traders rely on their emotions to decide whether to buy or sell Bitcoin. As a result, there will be losses. The use of Bitcoin trading bots reduces emotional needs because these technologies are based on market data. Trading problems arising from emotions such as greed and fear of profit failure are eliminated when using a trading bot because it is emotion-free.

Effective

The effectiveness of bitcoin trading bots is substantially superior to traditional trading methods because they accomplish trades considerably faster than people can. Using a trading indicator to assist you place market orders on the crypto market with a trading bot is an idea that you may want to examine. Using a trading indicator to assist you place market orders on the crypto market with a trading bot is an idea that you may want to examine.

Possible Risks when Trading with Bit Signal

The fact that your trade is automated does not negate the need for you to examine it regularly. Trading, as well as any investment, always carries a risk of losing your money and you can only be protected by the platform and the stop losses you have in place. We suggest that you take your profit early, invest wisely as in don’t put your saving but your extra income and don’t be greedy when trading.

Does BitSignal have an app?

Yes, the platform website can be accessed via smartphones or other appliances such as tablets and laptops and is an app on its own. The app does not require installation, as conventional browsers which are already installed on mobile phones allow it to be viewed.

 

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

BitSignal Reddit

BitSignal was reported mentioned by some comment on Reddit to be talked about in various TV shows. BitSignal ascertains these claims, there is no way to verify these claims. From research, we did not find any TV show that featured this bitcoin robot.

Trustpilot

BitSignal Trustpilot

There are numerous BitSignal reviews on Trustpilot. The BitSignal App has received a lot of positive feedback on Trustpilot. Even though there are some negative feedbacks about the trading platform which may be due to individual preference, the bulk of the reviews are positive.

Elon Musk

BitSignal Elon Musk

Elon Musk has established himself as a respectable scientist, industrial designer, and entrepreneur who has made a name for himself. Several products in the cryptocurrency industry are said to have received his endorsement, according to rumors. The fact that Musk has indicated an interest in Bitcoin does not mean that there is any connection between Musk and the robot, nor does it mean that he has given the robot his endorsement.

BitSignal Review: Our Conclusion

BitSignal seems to be an efficient robot that scans the crypto market, analyses trends, and predicts profitable trades. However, despite its claim to predict trades with 95% accuracy, the robot does not predict trades with that level of accuracy. This robot appears to be legitimate, and many online users have stated that they have benefited from it. Traders should not make decisions or make judgments based on their website’s lofty promises.

 

Top 3 Alternative Bitcoin Robots:

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FAQs

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About James Diko PRO INVESTOR

James Diko is a content writer 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.