Bitcoin Method Review – Legit Crypto Trading Platform?

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The imminent growth seen in the blockchain sector has given rise to a number of cryptocurrency trading platforms being introduced. One of these recently introduced platforms is Bitcoin Method, which has grown in popularity in the last couple of months.

But before joining any platform, one needs to be wary of its offerings, and other important details to ensure that they don’t end up losing funds. This article will cover everything from the features and availability to reviews and compatible devices of Bitcoin Method. We shall review each detail individually so as to get an idea of what to expect from the platform and ascertain its genuineness as a trading platform.

Bitcoin Method Platform Overview

Let us start by taking a look at some of the most important details one needs to be aware of about Bitcoin Method before diving deeper into the platform. Note that all the information presented in the following table has been obtained from the Bitcoin Method website itself, which means that we cannot vouch for the accuracy of these details.

Type of Platform Advanced Crypto Trading
Minimum Deposit $250
Claimed Success Rate Not Stated
Supported Cryptocurrencies BTC, LTC, ETH, XRP, ADA, BNB, etc.
Mobile App No
Withdrawal or Deposit Fees None
Customer Service 24/7(After Registration)

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

What is Bitcoin Method?

As stated above, Bitcoin Method claims to be a trading platform for cryptocurrencies that caters to a global audience. However, unlike many platforms that provide users access to just one crypto, Bitcoin Method supposedly allows them to enjoy access to multiple assets at the same time. This reduces the time required to register, research or navigate from one platform to another simply to diversify one’s trading portfolio.

Bitcoin Method

Since it is a multi-asset crypto trading platform, users have apparently shown more interest from the very start. However, what sets Bitcoin Method apart according to the platform is its compatibility with crypto signals services. Those help users trade on the platform without having to physically research and open positions themselves, Bitcoin Method can supposedly help investors research, open and close positions, and even take smaller profits whenever needed based on market trends.

The interface initially has a very simple layout, with a normal theme and some information about the historical movement of BTC and its potential movement in the upcoming years. There is also a mention of the devices it can be used on, and some other legal details towards the end of the website.

Not much about the platform has been mentioned in general on the website, except for the fact that it is a powerful and intuitive trading avenue. Now, this may be a claim any platform makes in general but it was something we weren’t able to verify since no proof regarding the speed or software used had been featured on the Bitcoin Method landing page.

Who Created Bitcoin Method?

Bitcoin Method’s creators haven’t been identified yet. This is usually common among the founders of multiple cryptocurrency companies. A majority of entrepreneurs of such platforms prefer staying anonymous. However, they do feature some kind of insight into the identity or the professional experience of at least the core team, which was not found on the Bitcoin Method site.

Despite scouring the website for any affiliated companies or names that could have backed the project, we were unable to find any results. However, we did notice that some reviews online and on crypto websites mentioned that Bitcoin Method may have been created by a group of celebrities or VC companies. This too is highly unlikely as per our research, since there was no evidence to support this rumor.

Bitcoin Method Pros and Cons

Bitcoin Method features a set of pros and cons that may help you understand and assess the platform better. It will give you an overall idea of what experience you may get if you actually start using the Bitcoin method. We would, however, like to reiterate that any data mentioned herewith is solely derived from the information that was publicly available on the website. The accuracy of these claims cannot be verified.

Pros pros

  • Powerful trading dashboard
  • Supports a demo account
  • Multi-asset crypto trading
  • No fees
  • Quick Sign-up Process

Cons cons

  • High minimum deposit
  • Not much information provided for beginners

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

How Does Bitcoin Method Work?

Bitcoin Method’s operations and how the team manages it are something that has not been revealed. Since there is no information about the team, it was difficult to reach out to employees and understand how the platform conducts business.

Despite no real data or proof regarding the functioning of Bitcoin Method, the website we did come to find out from the website that trading algorithms on the platform run autonomously and execute trades when they spot recognisable patterns. The trading platform can automatically end trades when a stop loss or profit target is reached.

The platform’s website also withholds information on the algorithm’s historical win rate, degree of accuracy, and rate of return on investment for traders. While there are some articles on a variety of crypto websites that do cover these topics, it may be difficult to verify them as legitimate content, since the website itself has not attested to these claims yet publicly.

Which Devices Can be Used to Access Bitcoin Method?

The devices that can be used to access the Bitcoin Method platform have been mentioned on the website itself. The available options for users to trade using the Bitcoin Method trading dashboard as per the website are PC, Laptops, Mobile Browsers etc. There is no dedicated mobile application. However, it does support the highly popular trading engine MetaTrader 4 or MT4.

Bitcoin Method Supported Exchanges

There is no mention of any major broker or exchange anywhere on the website.

Several online Bitcoin Method testimonials state that it is compatible with highly popular exchanges however data hasn’t been made public yet.

Bitcoin Method – Supported Countries

Bitcoin Method claims to cater to every corner of the world. Naturally, people living in locations where the use or trading of cryptocurrencies is entirely banned may have difficulties using the platform. However, interested people from restricted countries can reportedly set up a VPN or Virtual Private Network. Using this, they can register and use the platform like they normally would.

Bitcoin Method – Top Features

Some key features distinguish Bitcoin Method as a viable option for users looking for a trading platform. These are again, simply a bunch of claims made by the website itself, with no supporting evidence. So it is always ideal to conduct research before considering Bitcoin Method as an option. However, some of the most popular and appealing features on the platform are:

Automated trading

As previously stated, one of the main features of the Bitcoin Method platform is automatic trading. Users gain access to a tool that allows them to trade on their behalf and potentially earn large profits. However, they lack evidence to support their claim that it is a legitimate platform capable of carrying out profitable trades.

Account for Demo Trading

Naturally, some traders will want to practise or assess their strategies carefully before investing money and crypto into trading. The Demo account that Bitcoin Method claims to offer can be useful in this regard because it does not require any money. However, a major drawback is that despite being a demo account, the user will need to deposit a mandatory amount of $250 first in order to gain access to this platform.

Multi-Asset Platform

The fact that Bitcoin method supports multiple cryptocurrencies makes it much easier for users to enjoy trading on multiple currencies without having to access, download or use a variety of platforms.

Buy and Sell from a Vast Collection of Cryptos

The Bitcoin Method trading platform allegedly trades some of the best cryptocurrencies to buy, including Bitcoin. Among the well-known altcoins that can be traded are Ethereum, Cardano, Ripple, and Bitcoin Cash.

Is Bitcoin Method Legit or a Scam?

After evaluating some of its features, costs, and available assets, we discovered that this platform allows users to create accounts in just a few minutes. According to the website, this platform is integrated with other web-based trading systems. However, the Bitcoin Method platform as a whole is poorly understood, thanks to the limited data on the website.

Bitcoin Method

It does not describe the platform’s interface or trading tools in depth to newcomers or people who simply want to explore the platform. We also don’t know who founded this cryptocurrency trading platform. Furthermore, there aren’t many user reviews for the platform on well-known websites like Trustpilot.

A minimum deposit is required before viewing the trading dashboard, making things even more complicated for a new trader. As a result of the lack of data, we were unable to assess the platform’s legitimacy.

What is the Minimum Deposit Amount on Bitcoin Method?

The minimum deposit amount on Bitcoin Method is $250, similar to its competitors like Bitcoin Motion and Bitcoin Era.

This is reportedly a prerequisite for anyone looking to access and use the platform to place trades. The minimum deposit has to be made first, and only then will users be able to even get access to basic services like customer support.

Bitcoin Method Reviews

There are not a lot of reviews about the Bitcoin Method platform online at the moment. However, on websites that did feature the platform, we found their reviews to be neutral. Either way, each website endorsed increased scrutiny when it comes to actually using the platform.

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

Do Celebrities Endorse Bitcoin Method?

This too is simply a rumor that was picked up from several online quorums that mentioned such a claim. Upon further research, we concluded that there is no celebrity who is publicly associated with the platform. Even the website does not have any information that would suggest otherwise.

Bitcoin Method Customer Support

The Bitcoin Method site states it has a responsive customer support system that users can take advantage of. They can apparently get in touch with the team through email or phone calls. While the service is available 24/7, it can only be enjoyed by those who have registered as users and deposited.

How to Get Started with Bitcoin Method

If you feel like Bitcoin Method can be a platform worth trading on after reading the review and analysing the platform from a trader’s perspective, then follow these steps to get started.

Step 1: Visit the Bitcoin Method Website

Bitcoin Method registration

Create a new account by visiting the Bitcoin Method website. Registration is fairly easy; you will only be required to give your name, email ID and contact number.

Step 2: Make a Minimum Deposit

The Bitcoin Method platform requires a $250 minimum investment, as explained already. This payment can be made using a variety of methods, including credit cards and electronic wallets. Specify your desired deposit amount, then confirm the transaction.

Step 3: Start Trading on Bitcoin Method

Once processed you may be able to access all the features available on the platform and start trading right away.

How to Delete a Bitcoin Method Account?

In order to delete a Bitcoin Method account, one is supposedly meant to access the main menu that will be available for users. While there should be an option which allows this, not much clarity has been provided by the platform about the entire process. We would recommend users get in touch with customer support and get it solved by seeking their professional advice.

Is Bitcoin Method Legit? – The Verdict

Bitcoin Method does feature some highly appealing components on its platform. There are several exciting additions that can be beneficial for any trader. However, the legitimacy of Bitcoin Method cannot be accurately verified, since the information on the website and any related resource is daily limited. Moreover, the lack of any social media presence makes it even harder to authenticate it as a trusted entity.

Due to this, we will surely request users to conduct due diligence before actually investing in the platform hoping to make massive profits on trades.

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

Bitcoin Method FAQs

What type of trading does Bitcoin Method allow?

Is KYC required to register as a user?

What type of a crypto trading platform is Bitcoin Method?

Eric Dunne
Editor
Eric Dunne
Editor

Eric is a highly skilled and experienced writer specialising in the Fintech domain. He is an active member of the blockchain journalism community and has released several insightful articles across multiple reputed websites consistently since 2021. His research focuses on new and innovative concepts like Web3, Metaverse, NFTs and much more. As a self-taught professional, Eric's articles manage to tackle complex topics in a way that can be understood by all types of readers. Eric graduated from the University of Delhi with a Bachelor's degree in Journalism.