Bitcoin Profits Way is a new crypto trading platform billed as trading assistance software rather than just automated trading software. Since there are many cryptocurrency trading platforms out in the market today, we’ve written detailed review of this platform to find out whether it is a good and genuine platform for traders.
In this Bitcoin Profits Way review, we examine every aspect of the platform and whether it’s worth the investment.
Bitcoin Profits Way Summary
Before we start, here is a quick glimpse at the information provided on the Bitcoin Profits Way website:
Minimum Deposit $/£250 Claimed Success Rate Not specified Supported Cryptocurrencies Bitcoin, Litecoin, Ethereum, and other popular cryptocurrencies Mobile App Web app Withdrawal or Deposit Fees Not specified Customer Service Not specified, and only available for registered users.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
What is Bitcoin Profits Way?
Bitcoin Profits Way is both a cryptocurrency trading platform and ‘assistance tool’, according to the site. However, it is not fully automated. Thus, it won’t be able to execute trades for you like other crypto robot tools. It claims to provide market analysis, data, latest updates and developments in the crypto space to help traders make good use of any market opportunities.
We believe that these resources will show the real picture of the crypto market which will help traders to decide cautiously. However, there is no information on the website regarding the success rate of trade. We are not surprised because generally, the success rate of any trade depends on the traders’ trading style, knowledge, skills, and risk appetite.
One can register from the official website and open a trading account free of cost. As per the information provided, it does not charge any additional costs, hidden fees, or commissions on profits accrued. However, there is a requirement of a minimum deposit of $/£250 to start trading.
What we liked about this platform is the fact that the web interface is easy and straightforward to navigate. The presentation is crisp and clear, our review team found, potentially making it a suitable platform for both novice and veteran traders.
Who Created Bitcoin Profits Way?
Since there is a lack of information on its official website, we cannot say for sure who are/is its founder. However, they have mentioned on the site that their team consists of experts from different industries – from artificial intelligence (AI) to finance.
For a potenial alternative to using Bitcoin Profits Way, see our list of the best AI coins to invest in.
Bitcoin Profits Way Pros and Cons
To gauge the viability and authenticity of any cryptocurrency trading platform, we must look at both its positive and negative points:
Pros: Cons:
How Does Bitcoin Profits Way Work?
In 2008, when Bitcoin was first created nobody knew what the future hold. There was only a tiny slimmer of its potential and possibilities but there were clouds of doubts surrounding it. Thus, the growth of Bitcoin was pretty slow at first. After the initial few years, cryptocurrency received a lot of traction and attention all over the world as blockchain technology was given practical utility across diverse sectors.
When the prices of cryptocurrency started to rise, people rushed in to invest in this sector. Initially, the competition in the market was low as there were only a few popular crypto coins available. But with the advent of more and more digital assets, people now do not know which one to trust and where to invest. The demand for crypto investment is growing, but it is not being properly met yet.
So, Bitcoin Profits Way claims to provide the platform and space with the correct real-time market analysis which could be used by traders to explore the cryptocurrency market and make the right choice.
Note: Bitcoin Profits Way is not related to Bitcoin Profit. Both are independent trading platforms.
Which Devices Can Be Used to Access Bitcoin Profits Way?
The website is responsive and can be used on any device with an internet connection. Thus, the application can be accessed and navigated via a laptop, desktop, or mobile phone. One can also use it across different devices by simply login in. This will allow the users to use this application as per their needs and convenience.
The functionality and features of Bitcoin Profits Way appears to be uniform no matter the device used.
Bitcoin Profits Way Key Features
Autonomy and Assistance
As per its official website, the Bitcoin Profits Way app is designed by a team of people who are passionate about cryptocurrency and blockchain technology. It claims to provide data-driven market analysis in real-time for volatile cryptos to help traders track and leverage market opportunities. It has various levels of autonomy and assistance which can be customised as per traders’ requirements.
Advanced Technologies
Bitcoin Profits Way claims that it is a trading assistance software that helps traders to find market opportunities and wisely use them. The application supposedly scans historic price graphs and data and generates optimal price points using over 20 indicators. This supposedly should help traders make good investment decisions.
Safety and Security
Bitcoin Profits Way mentions on its website that they are committed to providing a safe and secure trading environment. The website claims to use security protocols to make sure that personal data or information is never comprised. It has stated that its web pages are encrypted with SSL technology to protect private information.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
Is Bitcoin Profits Way a Scam?
Based on our research, we can say that Bitcoin Profits Way does not make any unreasonable promises or claims. It explicitly specifies that it is not an automated trading software but a trading assistance software. Some critical information is indeed missing from the site, such as customer service, the company’s founders, withdrawal charges etc. This signals a red flag, but this information could be available to users once they registered. Unfortunately, we could not verify that.
Bitcoin Profits Way is designed and created to guide traders find market opportunities and making good use of these opportunities. It claims to generate data-driven market analysis in real-time, the latest crypto market developments to depict a true picture of the market volatility and trends.
Since it is not big on flashy promises, it remains unclear if Bitcoin Profits Way is a scam or legitimate. However, important information should be added to the website to add weight to its authenticity.
What is the Minimum Deposit on Bitcoin Profits Way?
The required minimum deposit to trade on Bitcoin Profits Way is 250 USD, GBP or EUR. This is reportedly essential to start trading with as principal capital.
Bitcoin Profits Way Customer Support
We were unable to locate any customer support details on Bitcoin Profits Way’s official website. However, most cryptocurrency trading sites only disclose this information once the user has registered and made the minimum deposit.
There is a ‘contact us’ details at the bottom right of the page, where you can send your queries with your name and email address.
How to Use Bitcoin Profits Way?
Opening a trading account on Bitcoin Profits Way is a three-step process. It involves the following:
Step 1: Sign Up Process
Visit the Bitcoin Profits Way website. On the right, there is a window where you can fill in the required details of name, email, and phone number. After this form is submitted, it is approved shortly after and your trading account will be activated.
Step 2: Deposit the minimum fund
Once the trading account gets activated, you will be required to deposit the minimum fund of $/250 to start trading. However, there is no upper limit to the first deposit.
Step 3: Start Trading
Once your trading account is set and ready with the minimum deposit, you can start trading with Bitcoin Profits Way.
Is Bitcoin Profits Way Legit – The Verdict
Now that we have done this detailed review, we are faced with the most critical question. Is Bitcoin Profits Way legit?
We found that it does not make any lofty promises or profit assurance like many other crypto trading platforms out in the market. The website claims that it does not charge any hidden or additional costs. It claims to not charge any commissions on the profit earned. Although we have not been able to verify these claims yet, we feel that this information will be available once a user deposit the minimum required fund in their trading account.
In addition to this, we could not find any information regarding the founder of this platform. There was no information on the website about account fees or withdrawal fees, or customer care support.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.