Due to the cryptocurrency market’s volatility and tedious trading process, traders have recognized the need for technology to help streamline the process. Trading bots are automated software that enables traders to buy and sell cryptocurrency efficiently and profit from trading. These trading bots have allowed traders to use the volatile market to their benefit, and now many traders are earning more profit than they used to make when they were trading manually.
Unfortunately, with every legit trading bot built, four shady ones are created. The numerous trading bots online have made it difficult to differentiate the real ones from the fake. And if one is not careful, it is possible to lose money to these scam sites posing as trading bots. There are several reviews online that distinguish fake trading bots from real ones. Some of these reviews are available on Bitconnect.
BitQT is an automated cryptocurrency trading software that trades cryptocurrencies for traders. Despite the users’ reviews concerning the trading bot, people still ask whether BitQT is legit or a scam. With the many fake software online, one can not be too safe, and it is necessary to ask questions about where you want to put your money.
Table of Contents
What Is BitQT
BitQT is an automated robot used to trade cryptocurrency. BitQT is one of the newer trading bots, although not that new as it was created about three years ago. Since several platforms were already in the market before they created BitQT, the creator’s invested a lot to ensure that BitQT was better than most pre-existing trading bots. Among most trading bots, BitQT probably uses the most advanced technologies.
The creators’ goal to build a better trading bot worked because BitQT has milliseconds over other trading bots in terms of speed. And since timing is crucial in trading since prices can fluctuate within a millisecond, you can see how it is more profitable, therefore, better.
The software does everything trading-related for you, analyzing the market, detecting possibly profitable opportunities, and executing trades. Just switch on the auto trading mode each day. Then the software goes to work, buying coins when the market is at its lowest price and selling at its highest.
BitQT Trading Bot; Is It A Scam?
BitQT is a legit trading robot. Although it is pretty new to the scene, it has lasted three years. Most fake businesses do not last up to a year. Every user claims that the platform is safe and secure for trading. BitQT is in partnership with reliable brokers, and every information and fund is secured and encrypted.
BitQT runs on AI and blockchsin technologies. Blockchain technologies ensure that trading bots run a secure and transparent system. And BitQT is upfront and transparent about itself. All information about the software is available on the official website. Also, users have access to their funds at all times. Users can also raise issues with the customer support system, and the customer care service responds almost immediately.
Some people believe that BitQT is a scam because trading on the platform is entirely free. And with its high daily ROI, many find it too good to be true. But BitQT is legit, and it retains a small part of every profit made as a commission. Also, BitQT is regulated under regulatory authorities.
How To Start Trading With BitQT
To start trading with BitQT, you have to sign up and set up your account. These are the steps involved with creating your BitQT account:
Register your details
The first step to creating your account is registering your details, including name, email address, and phone number, then you create a secure password and agree to the terms and conditions. You will need to verify your account through the software’s verification link to your registered mail. And with that mail, you will receive information on the website, that way, and you will be able to receive updates.
Fund your account
If you’re trading for the first time, you should start with $250. You will be redirected to the broker’s page for this process as they’re the ones in charge of executing trades. The software accepts funding through various payment methods, including Skrill, wire transfer, credit, and debit cards.
If you’re using the platform for the first time, try the demo trading first. The demo trading will help you practice trading, so live trading will be familiar to you when you start. Also, you learn how to navigate the BitQT software.
Live trading is the final stage and the actual trading process. As long you have tried the demo trading, you’ll know what to do in this stage. Although if you’re not careful, it might be easy to make a mistake here, especially when you’re setting your trading parameters. You should set the Stop Loss and Take Profit features following the instructions.
There have been rumors that BitQT has been featured in websites and tv shows and endorsed by celebrities and famous investors. Most of these rumors are false, except those in publications that review cryptocurrency. One of such rumors is that Shark Tank featured BitQT. This rumor is untrue and is just a means to create web traffic.
Another such rumor is BitQT appearing on the daily mirror, with claims of investors earning thousands with minimum deposit. This rumor is also is untrue as the mirror newspaper has never featured BitQT. The rumor of the tv show, This Morning, hosted by Holly Willoughby and Phillip Schofield featuring BitQT, is also false and should be disregarded.
BitQT is legit, and there has been no information to state otherwise. Reviews on the website show that users are genuinely happy with the platform and the results they’re getting. And most people who call the platform a scam probably read some lousy review somewhere else, made a mistake in their trading process that affected their investment or didn’t make as much profit as expected.
BitQT is a transparent and safe platform for trading, and it is the best choice for beginners or seasoned traders who want to boost their sales.
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