Bitcoin Prime is a Bitcoin trading robot that uses state-of-the-art AI algorithms to automatically trade on your behalf. The platform claims a 90% win rate and is completely free to use – you pay only a small commission on your profitable business.

So, is this corrupt trading platform worth your time? In our Bitcoin Prime Review, we will cover everything you need to know about trading with crypto robots in 2022 and show whether we can verify the lofty claims made by the platform. Were able

What is Bitcoin Prime?:

Do you want to passively purchase cryptocurrency? Bitcoin Prime is a corrupt robot. It is a trading service that automatically monitors cryptocurrency markets for trading opportunities. When it comes to potentially lucrative setups, Bitcoin Prime trades on your behalf. According to the website, 90% of Bitcoin Prime trades are closed for profit under the best market conditions.

The success of Bitcoin Prime depends on its AI algorithm, which is capable of finding and tracking price patterns. Although Bitcoin Prime does not disclose the details of its algorithm, it seeks out many trials and true technical models on which traders around the world rely on to make money.

Bitcoin Prime is completely free to use. All you need is an initial deposit of $ 250 to get started. The platform earns money by receiving a 2% commission on for-profit accounts. However, you will not pay any commission unless your trading account makes money.

Bitcoin Prime Advantages and Disadvantages:

Pros:

  • Trades 14 different cryptocurrencies.
  • Only for-profit accounts pay commission.
  • Partners with third-party brokers to conduct leveraged CFD trades
  • Current and past user reviews
  • Provides a demo account.

Cons:

  • The mobile app does not offer.
  • $ 250 initial deposit required.
  • Only CFD supports trading.

How does Bitcoin Prime work ?:

Bitcoin Prime works by tracking price movements in 14 different cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum, Bitcoin Gold, ZCash, Dash, Cardano, IOTA, NEO, Binance Coin, and Ripple. Therefore, there is a reasonable amount of popular cryptocurrencies that Bitcoin Prime claims to be able to trade successfully.

When the algorithm sees a pattern of the price that it recognizes, it will trigger the trade. Bitcoin Prime will place an order in your brokerage account, and then monitor the progress of the trade. When it’s time to exit the position, Bitcoin Prime will order you to do so and all funds – including any profits – will be returned to your account (less than 2% commission for profitable accounts).

One of the great things about Bitcoin Prime is that it provides a lot of educational resources as well as a demo account so you can learn how the algorithm works. Although it doesn’t take much work to trade with Bitcoin Prime, you will need to improve the algorithm parameters to succeed in different market conditions.

The important thing is that your funds are kept with a third-party broker. Bitcoin Prime may issue orders to conduct trades using funds in your account, but it cannot directly access your funds. This can provide a degree of security when using the service, as only you have access to your money. You can withdraw your funds at any time and pay in a few hours.

Key Features of Bitcoin Prime:

Let’s take a look at some of the features that set Bitcoin Prime apart from other Bitcoin robots:

Bitcoin supports CFDs:

As one of the best Bitcoin robots, Bitcoin Prime lets you access the volatile crypto market through BTC CFDs. These include both cryptocurrencies and currency crosses.

It is important to note that with the Bitcoin Prime App you will be speculating on the price movement of popular cryptocurrencies through CFDs. This means that you will not own the underlying assets but will have trade agreements for the difference instead.

Crypto Robot trades many of these cryptocurrencies as CFDs against other crypto or fiat currencies. In total, Bitcoin Prime can trade over 75 crypto-crypto and crypto-fiat CFD pairs.

This wide selection of business pairs is important as it creates more business opportunities. Each crypto-crypto and crypto-fiat trading pair experiences unique price movements and has different levels of volatility. Therefore, even when the market is relatively sluggish, Bitcoin Prime must be able to identify trades and execute them.

Deep-learning algorithm:

Bitcoin Prime says that this state-of-the-art AI algorithm uses deep learning to continually improve its business success. The algorithm learns from both successful trades and trades that turn into losses so that it can make more sustainable and profitable trades in the future.

According to the Bitcoin Prime website, the algorithm has a success rate of up to 90% in most market conditions.

Demo trading mode:

In addition to Bitcoin Prime Live Trading, it also offers a demo trading mode. In fact, you can easily switch back and forth between demo and live trading at any time using the switch in your online account dashboard.

Demo trading is important because it allows you to test the various parameters of the Bitcoin Prime algorithm. For example, if the algorithm is achieving a success rate of only 70% on a given day, you can switch to demo mode, modify some parameters, and see that the winning rate is 90%. What is needed to get closer to%? Once you are satisfied with the performance of the algorithm, you can return to life to trade.

According to Bitcoin Prime, it usually takes about 30 minutes of demo trading to identify the best algorithm parameters for any market conditions.

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