Bitcoin trading has boomed recently because of the many software programs that have been developed to make the process more accessible to investors. A lot of people now want to get their hands on the cryptocurrency because it has been deemed as the currency of the future with its decentralized nature and potential for universal use.
The first Bitcoin was mined and sent by Satoshi Nakamoto—an anonymous person who conceptualized the electronic cash system—to Hal Finney. Mining is having your computer solve a complex mathematical equation to process transactions in the network, also known as blocks. These transfers are then recorded in a public ledger called the blockchain, which is literally named as such because the blocks are stacked on top of each other.
Aside from mining, you can also acquire BTC by accepting it as payment in exchange for your products or services. This setup is ideal if you own a business. Some people, on the other hand, choose to invest in Bitcoin and go into trading to grow these digital assets.
Trading BTC involves buying the electronic cash at a low price and waiting for the best time to sell so that you can earn a profit. Another method entails speculating or predicting its value, whether it will rise or fall during a specified period.
It can seem overwhelming since Bitcoin’s value is still relatively volatile due to people’s uncertainty about cryptocurrencies in general. However, you ought to take advantage of this trait right now because its price will inevitably rise to new heights when all 21 million BTC has been mined. Moreover, most investors believe that BTC price will break upwards soon.
Fortunately, automated trading platforms have been developed to make Bitcoin trading more convenient and understandable for aspiring traders. One software program is Bitcoin Profit. It was created by John Mayers to help inexperienced users build their wealth through cryptocurrencies.
What is Bitcoin Profit?
The platform boasts running on an algorithm that’s 0.01 seconds faster than the market average. This means that Bitcoin Profit can send you trading signals almost instantaneously, which are valuable when you decide to buy or sell your digital assets.
This software can help you make a profit on your Bitcoin trading venture. If you’re still unsure of how the program can become a lucrative source of extra income, check out this complete review of Bitcoin Profit.
Meanwhile, here are the key things you should know about Bitcoin Profit:
1. Placing a Trade is Easy
Starting your Bitcoin trading journey with Bitcoin Profit is very straightforward. You just need to sign up on their website and put funds in your account. Then, you’re ready to begin profiting from buying and selling cryptocurrency.
These are the steps to help you get started with Bitcoin Profit:
Fill out a registration form on their website. You’ll be required to disclose personal information like your full name, email address, contact number, and password. After completing the process, you’ll be paired with a broker, who will be executing the trades with the software.
Once you’re ready to transfer funds into your account, you’ll see a pop-up of your assigned broker’s website. The minimum deposit is 250 USD, which you can pay through credit or debit cards, Skrill, MerchantPay, SafePay, and GiroPay. Of course, you can choose to put in more money for higher profits.
You can test out the system before you deposit money in your account. With the demo account, you’ll be taken on a virtual tour of the software and get to know its different functions and features. You’ll be given 1.5 USD to start the auto-trade mode and see how the process works.
After becoming familiar and confident with navigating through the platform, you can turn on the auto trade feature on the dashboard to start your Bitcoin trading journey using your deposited funds. On the home panel, you can also find the buttons to invest more money, open trades, withdraw your profits, and change the settings.
Moreover, you can use the software immediately after completing the registration process because it doesn’t have a rigid verification system. You don’t need to take a picture of your ID or utility bills as proof.
2. The Software is Free
Bitcoin Profit is a free tool. The software earns money by taking one percent of all the users’ profits. This is the only fee that you should be aware of, which is still significantly lower than the costs of using other similar trading robot programs.
3. You Don’t Need a Bitcoin Wallet
Another surprising feature of the automated trading software program is that it doesn’t require users to have a Bitcoin wallet to conduct trades. This is because the bots don’t purchase actual BTC. It trades the cryptocurrency and earns revenues on the winning trades, which is convenient for users, especially regarding setup and security.
Bitcoin Profit gives you the best of both worlds. You can take advantage of the cryptocurrency’s surging value while ensuring the liquidity of your digital assets because you earn in dollars through the platform.
You can deposit or withdraw funds anytime and anywhere. The platform assures users that they aim to process the requests as early as within 24 hours to three days, which is the maximum.
If you don’t receive your money, their customer service team is available 24 hours a day, seven days a week. You can contact them through email anytime with your concerns.
4. They Work with Brokers
As mentioned above, Bitcoin Profit works with brokers to trade your money on your behalf. This means that your digital assets are placed with regulated and secure entities, which should mitigate your worries because your cryptocurrency investments are in safe hands with these trading experts.
Bitcoin Profit is an automated trading platform that makes buying and selling BTC more accessible, convenient, and straightforward for inexperienced users. You just need to register on their website, deposit funds into your account, and become familiar with the system. Afterward, you can set the parameters of your trading preferences and let the trading bots do their jobs.
The free tool can help you grow your digital assets while ensuring liquidity because the trades aren’t done with actual Bitcoin. You profit through winning trades which will make you successful in crypto trading. Plus, they work with reliable brokers who’ll make sure that your electronic cash is safe and secure.