Bitcoin Formula Review 2020: Is it aScam or Legit Trading System?

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10 February 2021 | Updated: 10 February 2021

Bitcoin Formula appears to be a very popular trading system. This is according to numerous reviews and testimonials posted online by users from different parts of the world.

The robot enables users to speculate on BTC price with a high supposed win rate. Given that the robot is fully automated, anyone can trade with it and generate the said profits.

However, there is a lot of scepticism revolving around this bot due to the high reported profitability. So in this review, we will offer an in-depth review of Bitcoin Formula. You will learn if it’s legit and the justification behind its supposed profitability.

Bitcoin Formula seems legit and may be highly profitable. But this is not to mean that it’s a risk-free way to invest your money. Crypto trading involves risk, and hence it’s always advisable to only invest what you can afford to lose.

What is Bitcoin Formula?

Bitcoin Formula is an automated trading robot that offers crypto CFDs trading. It was launched in 2017 and has reportedly helped a lot of people become rich. It can transmit signals at incredible speeds that cannot be compared to those of other robots.

The platform makes trading easy for users and can reportedly generate crazy profits from a small investment. Even though numerous other robots are said to be popular and effective, Bitcoin Formula appears to be way ahead of the pack in various ways.

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The trading robot’s main competitive advantage is that it’s reportedly highly profitable and offers 100% automated trading. It takes a few minutes for Bitcoin Trader to analyze data that would take a professional trader several days to analyze.

Is Bitcoin Formula a Scam or Legit Robot?

Generally, the platform seems to be excellent. However, there are inherent risks that ought to be taken into consideration. For instance, traders may suffer huge losses if unexpected changes occur in the market.

The possibility of successful trades is extremely high. It’s reportedly possible to earn anything from $300 to amounts exceeding $1000 within a day of trading. However, it is advisable to start by investing the minimum amount required (in this case, $250).

The process of trading with the robot seems to be straightforward.  Bitcoin Formula software takes care of everything- from carrying out market analyses to making comparisons, searching for investment opportunities and making investment decisions as well.

Based on the comprehensive investigations that we have carried out, there is little doubt as to the legitimacy of Bitcoin Formula.

In all likelihood, the robot could be legit. Since its creation a few years ago, it has been trending on Google and other search engines. It’s important to note that most of the reviews have been positive.

The platform has been positively and widely reviewed by leading electronic and print media outlets globally.

There appear to be hardly any reservations regarding the legitimacy, repute and track record of this trading system.

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How does Bitcoin Formula work?

This is a trading system that automatically carries out crypto trading. Users are required to sign up at no cost on the official website and invest a minimum of $250 each.

Bitcoin Formula algorithms do the trading research, and the signals are relayed to partner brokers for implementation. The trader accounts can be managed through Android/iOS applications or the interactive website.

How to sign up to Bitcoin Formula

Register on the platform– To gain access to the system, all users must first complete a registration process. The procedure is straightforward and does not take much time. In case you need assistance, don’t hesitate to get in touch with the customer service team.

Fund your account– the second step involves funding your trading account to enable the system to carry out trades for you. All users are expected to have no less than $250 before gaining access to the web trader platform. With this paltry amount and thanks to the power of leverage, there is no limit as to how much money you can make.

Start trading– no experience is required to make money with this software. The automation level is said to be 99.99%. For this reason, hardly any manual input is needed. Also, you will be provided with detailed tutorials and guidelines to enable you to learn the ropes and eventually trade with a live account.

Customer reviews and testimonials

John F. only started believing in Bitcoin trading when he tried this trading robot. He admits how much his life has changed as a result of Bitcoin Formula. He used to worry about settling bills, but this doesn’t happen anymore. His mortgage is settled while savings have multiplied twofold. John resides in Dublin, Ireland and has so far made profits north of $48,000.

Maureen K, a resident of Dubai- United Arab Emirates- has reasons to believe that this trading system is the easiest and probably the most profitable technique of trading Bitcoin. Before that, she had reportedly never come across such profitable software. Surprisingly, she has been trading as a professional for more than a decade. According to Maureen, the system can generate returns over 60% every day.

Every month, Fiona W. allegedly makes more money than her friends, courtesy of Bitcoin Formula. What is astonishing is that she is a stay-at-home mother. In the last 60 days, the resident of Sydney, Australia claims to have made more than $10,000.

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How profitable is the Bitcoin Formula?

Bitcoin Formula is reportedly among the oldest AI-powered trading systems in the market today. Analysts claim that this robot is the best for BTC volatility trading.

A crypto boom is expected in 2021, which is why this trading robot is gaining a lot of popularity. Some reviews allege that the system is turning ordinary investors into crypto millionaires.

BTC price is on a rollercoaster again, which is why hundreds of thousands of people are signing up with Bitcoin Formula. You can also try your luck by signing up with this trading system.

Why is Bitcoin Formula better than other robots?

The trading system is way ahead of the pack because of three main reasons, as explained below.

Transparent trading environment– Bitcoin Formula reportedly adopts a client-centred approach. It is founded on blockchain to make sure that P2P transactions are conducted seamlessly. You can effortlessly monitor activities in your account as they unfold. Additionally, the trading system offers a Smart-Contract based dispute resolution centre.

Flawless withdrawal process– Trading is carried out via brokers of high repute. Clients can withdraw funds at no cost, and as many times as they wish. Withdrawals can be done at any time of day or night. You only need to present a request using the provided form. The method used to deposit funds is the same method that must be used for withdrawals. Withdrawals cannot be done from unverified accounts.

Powerful trading algorithms– The foundation stone of algorithmic trading is Artificial Intelligence. It appears that the trading system’s developers invested in the finest trading algorithms. The algorithms make use of High-Frequency Trading technique, an approach that involves scanning large data volumes at incredible speeds. The result is high-quality trading signals.

Bitcoin Formula Mobile app

Developers of this system offer Android/ iOS applications at no cost. Once you complete the registration process, a message will be sent to your email account.

You will be instructed on how to go about downloading the app and setting up your trading account. All platforms are securely encrypted to prevent cyber fraud.

Is the trading robot reliable?

This appears to be a trading system of high repute that operates in absolute transparency. It is powered by advanced Distributed Ledger Technology as well as Artificial Intelligence.

The foundation of any meaningful algorithmic trading strategy is Artificial Intelligence. With AI, trading algorithms can scan extremely large data volumes with enhanced accuracy and speed. It is alleged that this robot can sift through market data better than the experts at Wall Street, thanks to AI.

Conversely, DLT technology plays a pivotal role in making sure that trading is conducted with the utmost transparency. As a result, clients can monitor their trading accounts and solve disagreements via smart contracts. Additionally, they can take part in P2P transactions.

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FAQs

Is the trading robot scam or a type of pyramid scheme?

Bitcoin Formula is a legit system that generates profits for members by buying and selling in the fast-moving Bitcoin market. DLT technology ensures the trading environment is transparent.

Does the system charge any hidden fees?

There are no hidden fees associated with Bitcoin Formula. The only charges that you need to pay are 2% of all commissions. Unprofitable accounts do not attract any charges.

Is the robot profitable?

The unique trading algorithms make use of HFT trading strategies to make money from any market movements, however slight. Trading is conducted at high leverage to make sure that even small trading accounts generate high returns.

How long does trading typically take?

Very little time, investment is needed since the system runs on autopilot. To make necessary adjustments, you need to spend an average of 15 minutes daily. Ideally, the software should be allowed to run without interruptions for approximately 8 hours every day.

What do I need to get registered?

First, you must live in a country wherein CFD trading is allowed and supported. Secondly, you must be ready to invest not less than $250.