Bitcoin has been the center of attention since recession-related disruptions toppled interest rates, bonds, financial markets, and other safe-haven assets. In fact, Bitcoin turned out to be a great investment choice for long-term investors while price volatility allowed short-term investors to capitalize on both upside and downside price movements.
On top of that, high-frequency traders have also been benefiting from short price discrepancies.
Despite all this, traders need a solid trading platform that should be equipped with modern technologies and permit investors to use various strategies to benefit from the price movements of the world’s best-performing asset.
Bitcoin Era is among the famous trading platforms that allow investors to use various crypto strategies including long, short, and high-frequency trading.
In response to the increasing popularity of the Bitcoin Era, Best Forex Broker Australia, a review portal website, decided to review and test this automated trading software to find out whether it is reliable or a scam.
What is Bitcoin Era?
Developed by professional traders, Bitcoin Era is an AI algorithm-based trading platform. The trading robot is designed to help investors to benefit from the crypto market movements while reducing human interference in the process. The platform permits traders to place both short and long bets. In addition to this, traders can also use high-frequency trading that was previously only available to wealthy and institutional investors.
High-frequency trading is offered by only a few apps right now. This is because it involves the use of powerful systems that can read the signals and execute orders in less than a microsecond.
Is the Bitcoin Era a Scam?
The legal status of the platform should always be on top of the trader’s list when selecting any automated trading app. Best Forex Broker Austalia always gives significant importance to the legality of the trading platform and performed due diligence in the case of the Bitcoin Era.
Choosing the right trading platform is one of the most crucial aspects of trading. You will be exposed to risk if you fail in selecting the right broker. There is no way to recover funds if fall into the trap of scammers.
In the case of the Bitcoin Era, the platform looks reliable and trustworthy. Furthermore, there is no fee to create an account and use its demo account. On top of that, the platform is engaged with the most reputable and legit brokers. Bitcoin Era also doesn’t hold traders’ money in their business accounts. They hold users’ funds in a separate account to comply with regulators’ guidelines.
A key factor in Bitcoin Era’s success has been its ability to analyze complex data using advanced technologies. The majority of users’ reviews suggest that Bitcoin Era is reliable.
How Does Bitcoin Era Work?
The platform’s user-friendly nature is key for both new and advanced investors. We reviewed Bitcoin Era’s features and registration process and found it very user-friendly.
Bitcoin Era is an automated trading platform and executes trades on behalf of users. The platform has been providing services to traders since 2017. Account creation is easy and the platform is user-friendly. The platform is free to use. It only charges commissions on profitable trades.
Bitcoin Era is a good option for investors who are beginners and don’t have any prior experience. You are not required to study the market fundamentals and examine complex charts. Users are only required to set trading parameters and let the robot do the rest of the work. It equally works well for advanced investors as the platform offers advanced tools and features and permits investors to execute advanced strategies like high-frequency trading.
The low minimum investment requirement along with easy deposit and withdrawal methods makes it a good choice for both advanced and new investors. The availability of a demo account enables all the users to test the platform before using real money.
Below are a few simple steps to get started on this platform:
In order to use the Bitcoin Era platform, you must create an account. To open an account, simply register.
Step 1: Registration:
You are required to visit the official website of Bitcoin Era to fill the registration form. The registration form is placed on the top of the website. The registration process is simple and composed of a few steps. Unlike other platforms, Bitcoin Era only requires you to provide information like name, email, and addresses.
Once you are done with the required information, click the register button and the platform will immediately send a verification email to you. All this process will not take more than a minute. You are required to confirm the account verification email to proceed to the next step.
Step 2: Demo Account
There is also a demo account available for users, and the platform should be tested before using real money. A demo account allows traders to trade the market in real-time with fictitious money. You can test your strategies and learn about trading parameters settings through demo account trading.
In fact, parameters settings are one of the most important steps when trading with automated platforms like Bitcoin Era. Your trading parameters setting could make a big difference in your earnings potential. If you are a beginner, you need to learn about parameters before trading with real money. The trading bot will work according to the defined preferences.
Step 3: Deposit Funds:
After completing the registration process and testing the platform, the users are required to fund the account to trade the market in real-time. The minimum deposit requirement is $250 and the clients are accepted from across the world. The platform offers various deposit methods such as credit cards, wire transfers, and online digital methods.
Step 4: Live Trading
Once your funds are deposited into your Bitcoin Era account, you will be free to make as many bets as you want. The platform only requires users to set trading parameters while the rest of the work will be done by the automated software. As crypto markets are significantly volatile, traders are suggested to set stop losses to avoid uncertainty. It’s also good to move on with small investments instead of betting all the deposited amounts in a single trade.
What are the Key Features of the Bitcoin Era?
Best Forex Broker Australia believes that a platform with outdated technologies and features could create a negative impact on returns.
Bitcoin Era is one of the most unique trading bots due to its user-friendly interface and technologically equipped tools. Below are the few features that make it different and superior to other bots:
High-Frequency Trading:
High-Frequency Trading is one of the most popular forms of investment strategy that was previously available only to elite investors. This is because HFT trading requires powerful computers, software, and other technological resources to find and execute trading opportunities in less than microseconds to take advantage of small price discrepancies. Human traders are unable to detect these price discrepancies with traditional tools.
Bitcoin Era has democratized institutional level of investment styles to common investors. Its software has the potential to detect small price changes and analyze a large amount of data at a lightning-fast pace.
Innovative Technologies:
In order to reduce the risk and enhance the accuracy rate, Bitcoin Era used the most advanced technologies like artificial intelligence and blockchain technology.
In order to make trading decisions on behalf of humans, algorithmic trading uses complex and advanced mathematical models. This model identifies the optimal trading time with the least impact on stock prices by using built-in rules.
AI systems operate for crunching data, finding correlations, and attempting to predict future outcomes. Machine learning refers to the process of AI systems repeatedly going through data and trying to gain insights.
Easy Deposit and Withdrawals
As Bitcoin Era accepts clients from across the world, it permits traders to transfer funds through various methods. The minimum deposit requirement is $250. However, you can deposit as many dollars as you want. The platform will hold your money in a separate account.
You are also eligible to withdraw these funds any time you want. You need to set your withdrawal method. The platform sends money through various channels such as wire transfers and online methods like PayPal.
Commission, Fee, and Safety
Several trading platforms charge hidden fees and commissions that always have a massive impact on the overall returns. The account opening is free while demo trading is also free for its users. There are no charges on deposits and withdrawals.
In terms of safety, the website has military-grade encryption, and the platform adheres to global data protection standards. Bitcoin Era also has brokers who are reputable and regulated in all countries.
Bitcoin Era Review – Final Verdict
Bitcoin Era trading software is developed by a group of experts who have strong knowledge of cryptocurrency markets, with extensive experience in trading. It appears like one of the best platforms to enhance trading returns and reduce risk. Its automated tools and features are backed by innovative technologies. Moreover, the simple account registration process along with low minimum deposit requirements and the availability of a demo account make it a perfect place for beginners.
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