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

These days, market dynamics are changing swiftly; sometimes it is at its zenith, and other times it simply falls; in such situations, it is difficult to maintain liquidity, as it has an impact on the supply of money in the economy, or, to put it another way, the money market. So why not upgrade ourselves to Cryptocurrency with the ever-changing technological dimensions and updating technologies, where bots simplify the majority of the things we do?  Our regular lives can be enriched by taking advantage of this and reaping the rewards that come with it. The BitPremium automated trading bot, for example, is an example of this type of bot.

As previously said, BitPremium is an automated trading bot that trades the cryptocurrency market using cutting-edge technologies. It studies and analyses market trends with the use of Machine Learning and Artificial Intelligence technologies. The robot touts a victory rate of over 90% and assures its subscribers of the greatest cryptocurrency trading services available. But, more importantly, does BitPremium Platform genuinely live up to the high expectations of its users? Is BitPremium legit or just another bitcoin scam? All of them are things that we shall look at more in this BitPremium review.

 

Table of Contents

BitPremium Review at a Glance

Type Bitcoin Robot
Minimum Deposit $250
Win Rate 90%
Withdrawal Duration 24 Hours
Mobile App No
Supported Cryptocurrencies BTC, ETH, XRP, LTE

 

BitPremium Review: What is BitPremium?

BitPremium is a web-based trading platform that is powered by artificial intelligence. Customers utilize the service to trade bitcoins and other altcoins on their behalf, which is provided by clever computer algorithms. Using a financial derivative known as a Contract for Difference, BitPremium makes crypto-related bets on the market (CFDs). A contract for difference (CFD) allows traders to speculate on the price movements of an asset without having to physically possess it. You will not require a cryptocurrency wallet in order to profit from BitPremium’s BTC trading platform.

 

In any computer-driven trading, artificial intelligence (AI) continues to be the golden standard of outrageous success. The top Wall Street banks and hedge funds have poured billions of dollars into artificial intelligence-driven trading algorithms. According to reports, BitPremium is one of the first trading systems to make these technologies available to regular people. You are not required to spend a lot of money in order to reap the benefits of the alleged BitPremium income. Sign up for a free account on their webpage and fund your account with as little as $250 to get started.

BitPremium App: Legit or a Scam?

According to our investigation, BitPremium appears to be a legit bitcoin robot, but consumers should use caution while interacting with it. Even though our analysis indicates that users are satisfied with and have profited from the services of this robot, the website’s claims of large income with little or no work appear to be improbable. Furthermore, any news of endorsements made by well-known persons about the robot is quite likely to be false.

Although you may be an experienced trader who wishes to employ a sophisticated instrument for trading, it is always advisable to conduct a preliminary study. If you trade on the cryptocurrency market, there is no assurance that you will make money, and market swings can frequently be quite big, placing your funds at risk – this is especially true if you use a robot service that conducts transactions on your behalf.

BitPremium Features

Deposits and withdrawals

In the cryptocurrency market, there are several fraud auto trading robots to be found. Although it is tough to locate a legitimate robot, trading on the site is straightforward and user-friendly. A trader can withdraw money at any time of day, and the funds will be credited to their BitPremium account in less than 24 hours.

Verification system

According to online BitPremium reviews, the verification mechanism on this platform is quite straightforward; the trader simply needs to register on the platform by providing a few personal details, and the platform will verify the information. They need to supply their full name, email address, and phone number in order to be considered. The link for verification will be emailed to their phone number as well as their email address if they provide one. It would be necessary for them to deposit at least $250 in order to be able to use this platform, and once the funds have been deposited into their account, they will be granted access. Furthermore, the trader must supply their payment information, but they are not required to disclose any bank account information, government identification, or anything else for that matter.

Testimonials

On the BitPremium website, you can find a number of positive testimonials. It also claims that the users are quite delighted with the results of using this auto program. They claim to have been successful in producing money in a short period as evidenced by their testimonies.

Fees

According to the company’s website, there are no hidden fees associated with the BitPremium platform. Furthermore, the registration process is free, and there are no commissions or broker fees on this platform, which is a significant benefit for traders.

Affiliated Brokers

A similar mechanism to that used by most auto trading bots, the BitPremium bot operates by channelling its funds through trusted robot brokers. This means that the money deposited by the trader on the BitPremium is deposited with the broker, and once you click on the auto trading button, the trades are placed on the trading platforms of the partner brokers.

Customer Support

BitPremium provides its users with a dedicated customer support department. Customer service is available 24 hours a day, seven days a week. Traders can reach out to customer service by email, phone calls, or live chat if they are experiencing any difficulties with their trades.

Advanced Technology

In addition to being extremely user-friendly, this program has been intended to incorporate complex algorithms as an advantage for traders. This suggests that both novice and expert traders can benefit from this software and make money with it. Additionally, they provide a well-designed cryptocurrency trading dashboard that makes it simple for anyone to move around this platform with ease.

Demo Account

Users of this system can try out the system by registering for a demo account. After completing the registration process, the user will need to navigate to the trading dashboard in order to gain access to the demo trading account. They will be able to become more familiar with the platform and its features as a result of this. Profitable outcomes will be obtained when they proceed with Live trading.

How to Create a BitPremium Account

Step 1: Registration

First and foremost, registering and creating an account on the BitPremium platform would be necessary before beginning to trade on the site. In addition to the fact that registering up on this platform is completely free, there is a minimum first deposit amount that traders must make sure they meet before they are permitted to begin trading. Traders are not required to divulge any personal information, such as their bank account number, transaction data, or bank account security code, among other things. The trader must first visit the official website and create an account there.

 

Trades on the BitPremium platform are required to complete a registration form in which they must supply information such as their name, email address, phone number, and country of residence before trading can begin. They will be able to begin trading with it after the registration process has been completed.

Step 2: Initial Deposit

Once the account is created, the trader will be required to make a minimum deposit in order to continue trading. It is highly recommended that the trader begins with a minimum commitment of $250 in order to gain experience. Credit card or debit card payments, as well as Skrill and Klarna, are all acceptable ways of payment for this amount. They can also pay by bank transfer if that is their preferred method.

Step 3: Demo Trading

It provides its traders with a demo trading account, in which they can trade with virtual money and become more familiar with the platform and its features and functions. When a trader feels secure, he or she might increase the amount of money they are willing to risk and begin live trading.

Step 4: Live Trading

Trade for real

In order to proceed with live trading, there are a couple of things that the trader should be aware of and keep an eye out for. Despite the fact that BitPremium is an automatic trading robot, traders who are participating in Live trading must review the trade parameters on a daily basis to ensure that they are in compliance. This covers the maximum number of trades allowed each day, the stop loss, the amount of money invested in each trade, and various other parameters. Furthermore, BitPremium accepts a variety of cryptocurrencies, including Bitcoin, Ethereum, Ripple, and numerous others, as payment.

BitPremium Features – Why Choose this Bitcoin Robot?

User-Friendly

According to our BitPremium review, the application is extremely user-friendly. This platform makes use of sophisticated and intelligent algorithms in order to provide profitable trades to its consumers. Trading on the platform is straightforward, which is particularly beneficial for traders who are unfamiliar with the platform or are just getting started with it. This program is simple to use and quick to load.

Dedicated Customer Support

The BitPremium trading robot provides traders with dedicated and outstanding customer service. The customer service representatives may be reached 24 hours a day, seven days a week via live chat or email, and the difficulties will be resolved as soon as possible.

Fast and Seamless Withdrawals

Withdrawals are quick and frictionless at BitPremium, which means that traders can withdraw their money at any time of day or night, and their withdrawals are handled within 24 hours of the trader’s request.

Hidden fees

In addition to not charging any withdrawal fees, the BitPremium also has a number of other helpful features to offer. The BitPremium platform assists in the generation of income by charging commissions on the substantial gains earned by traders who use the BitPremium application.

Secure Platform

According to our BitPremium study and analysis, this platform is secure and trustworthy. In addition, the BitPremium website is site lock secure, which means it is protected against intrusions. It has a password policy that is impenetrable. Furthermore, the trader should keep in mind that weak passwords are the first point of entry for hackers into a computer system.

Pros Cons
 Fast withdrawal  No mobile apps
 User-friendly  Does not eliminate trading risks
 No hidden charges  Unreliable testimonials
 Demo trading available
 Responsive Customer service

 

 

Which countries is BitPremium in?

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

USA: US traders are also eligible to use the BitPremium services. It simply requires a $250 investment in capital.

Australia: Australia is one of the countries that can benefit from BitPremium services. The user interface of BitPremium Australia is user-friendly, making access to all functions straightforward.

Canada: BitPremium Canada includes an easy-to-use trading platform, allowing numerous bitcoin assets to be traded automatically.

How Much Money Can I Make Using BitPremium?

BitPremium claims to be able to turn its users into billionaires in as little as 24 hours. We realize it’s difficult to keep such a promise. Profits, on the other hand, are determined by a number of factors, including the amount of money invested and your understanding of the bitcoin market. While we can’t verify whether or not these promises are true, it appears that the vast majority of traders who tested them were pleased with the results.

When Should I Use a Bitcoin Bot?

Complex trading Technique

 Some trading procedures are physically impossible to carry out by a human. To automate complex procedures, trading bots are required. The technique in question would be impossible to adapt without the assistance of these measures. Trading bots, as seen above, can be used to automate trading procedures that are too complex to execute manually.

 Time Consuming Task

Because of the volatile nature of the market, timing is essential in Bitcoin trading. It is vital to consider this because trading with better timing may result in greater accuracy in your trade. Every trade you make has the potential to significantly increase your profit. Finding the cryptocurrency market and deciding when to enter the market, on the other hand, are both time-consuming activities. Using bitcoin bots makes sense in this situation. Trading bots are computer programs that, if you have a time-consuming task to complete, can monitor and analyze the market on your behalf before executing deals at a convenient time.

Repeating tasks

Certain administrative tasks, which are time-consuming and repetitious, necessitate a substantial amount of effort. As a result, such work could be exhausting and discouraging. This is one of the reasons why using crypto bots to assist you with such responsibilities and improve the efficiency of your crypto trading process might be really beneficial.

Is BitPremium Right for Me?

We determined that the BitPremium Platform was created for all traders based on our assessments and research, as detailed in this BitPremium Guide. The platform is designed exclusively for you, whether you’re a novice trader learning the ropes or a professional trader. For traders looking for a high-quality trading system, the automated and fully online solution makes it an excellent alternative.

 

Worthy Tips for Beginners to Make Positive Returns Using Bitcoin Robots

Use Demo Trading Account

Before you start investing real money on this site, try out the BitPremium Simulator. We’ve already provided some background information in the preceding paragraphs, so don’t go right into trading without first learning about the site’s capabilities.

Start with a small budget

This is the golden rule for any type of life investment. If you’re a beginner, you should begin with the basics to learn how things work. You can invest additional money to increase your income once you’ve gained enough confidence.

Save a portion of your profits

Even if the corporation advertises 98 per cent success, this does not mean that every business you perform will be profitable. As a result, avoid the temptation to reinvest all of your earnings in order to increase your profits.

Follow the Advice of Professionals

You have two options: either learn from your mistakes, which is the best, albeit potentially unpleasant, method or follow in the footsteps of others who have gone before you and avoid the traps. I recommend the second option.

Why are Bitcoin Robots Profitable?

Speed and Efficiency

Bitcoin trading bots are pre-programmed programs that perform tasks more quickly than humans. Bitcoin trading bids are too high for even the most trained and experienced traders to surpass. Your Bitcoin trading bot will continue to make transactions quickly and effectively as long as you code it correctly. And, like with most other financial transactions, speed is essential in the Bitcoin trading process. By increasing your efficiency, bitcoin trading bots can help you make more money from your business.

Trading without Emotions

When it comes to Bitcoin trading, emotions can cause costly mistakes. Unfortunately, some traders base their decisions on their emotions when deciding whether to buy or sell Bitcoin. Losses will arise as a result. Using Bitcoin trading bots reduces emotional needs because these technologies are based on market data. Trading concerns stemming from emotions like greed and fear of profit failure are eliminated with a trading bot because it is emotion-free.

Seamless Trading

Using a trading bot, a trader can profit from market opportunities at any time of day or night. This is because this bot is available at all times. Even if you spend Saturday and Sunday evenings with your friends, an automatic bitcoin trading bot will continue to work for you.

Possible Risks when Trading with BitPremium

Monitoring

Even if your business is automated, you should nonetheless check it on a regular basis. The success of automated trading systems is dependent on resources such as the internet and the proper functioning of servers. These factors, however, are prone to occurrences such as internet outages caused by natural or man-made disasters, failure to comprehend irrational markets, and so on. There is a risk of financial loss in such circumstances.

Does BitPremium Have an App?

Yes, the software is a web-based application. There is, however, no mobile application available for downloading this program at this time. However, the BitPremium Trading platform can be accessed using a browser. You can still trade while on the road without fear of unexpected app updates or collisions, which could result in missed trading opportunities.

 

Has BitPremium been featured in the media, or has a celebrity-endorsed it?

BitPremium Reddit

BitPremium was mentioned this morning on numerous TV shows, according to some online comments on Reddit. Because BitPremium has not made this information available, there is no evidence of these claims. The shows mentioned above are popular television shows that would have become even more popular if the BitPremium platform had been available.

Trustpilot

BitPremium Trustpilot

The Trustpilot reviews for the BitPremium App are overwhelmingly positive. On the BitPremium Trust Pilot, there is negative feedback accessible. Constant phone calls and other communication issues are the most common complaints.

Elon Musk

BitPremium Elon Musk

Tesla and SpaceX are both led by Elon Musk. His support for BitPremium has been rumoured. It is not linked to the BitPremium platform in any way. We discovered no evidence to substantiate these claims during our investigation.

Dragons Den - Bitcoin

BitPremium Dragons Den

Some external source claims that BitPremium has been featured on some episodes of Dragon Den’s episodes. But after searching social media on other platforms, we found no evidence supporting this claim. Therefore, these claims are untrue.

BitPremium Review: Our Conclusion

BitPremium makes several stunning claims about the effectiveness of the robot but we were not able to find any evidence to back up these claims. Exclusives years can find this trading platform beneficial as a part of their trading strategy, as the robot may be programmed to scan particular trades

 

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/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.