BitPrime Gold is a trading platform that specializes in Bitcoin. Overall, this platform is tailored to those who are looking for a Bitcoin-specific tool that targets both beginners and advanced traders. Our team at Best Forex Broker Australia has done extensive research regarding this trading robot to see if it’s a good fit for you.
No one can deny that Bitcoin is the most popular cryptocurrency to date. While there are thousands of crypto tokens out there, Bitcoin was the first one to come around, and it’s the one that most people know about. Even those who don’t have any trading experience may have something to say about Bitcoin.
Unfortunately, the increasing popularity of Bitcoin has made it particularly harder for investors to purchase it. The slightest mistake in their trading decisions could make them lose a lot of money. The best way to purchase Bitcoin today is to get help from a reputable trading platform that allows traders to understand the bigger picture of the trading markets.
BitPrime Gold caught our attention since it’s a platform that only focuses on Bitcoin, whereas other popular platforms prefer to offer a wider range of cryptocurrencies. Is BitPrime Gold a better option for Bitcoin traders? The following review will tell you everything you need to know about this platform so that you can decide whether it’s a good fit for you or not.
What Is BitPrime Gold?
As mentioned by the company itself, BitPrime Gold is a trading platform that allows people to “upgrade their Bitcoin trading skills” and make the most out of their investments. One of the most remarkable things about this platform is that it opens up the largest of all the cryptocurrency markets, which is the Bitcoin market.
Overall, BitPrime Gold works with some of the most effective trading expert brokers through a web and mobile platform, creating a much better and more convenient platform for traders.
It’s important to keep in mind that, while BitPrime Gold isn’t supposed to trade on your behalf, it can certainly help you gather all the skills necessary to become a better Bitcoin trader. The BitPrime Gold team claims this is the “ultimate Bitcoin trading platform.” Although that’s quite a statement to make, there are several features that certainly make this platform a decent option to consider.
BitPrime Gold’s Aim
As mentioned before, one of the things that make BitPrime Gold stand out is that it focuses on helping both beginners and expert traders. Most new trading platforms on the market prefer to target beginners, making the platforms much simpler. While that’s a great move to make, it leaves experienced traders with a shortage of options to choose from.
Moreover, beginners won’t stay beginners forever. When these beginners gain all the necessary skills to trade more efficiently, they will likely leave the platform in search of something else that caters to their needs. This is when platforms like BitPrime Gold go in.
Here, whether you don’t have any experience with trading or have been doing it for years, BitPrime Gold offers you a platform that you can adjust according to your current skill level.
Some of the things that the BitPrime Gold team claims to offer their community include:
- Simplified but effective displays of market information
- Educational materials that allow traders to understand everything that’s happening on the market
- Connection to industry experts who can help you set up your account correctly and make trades without making too many mistakes
- A demo account that allows you to test your trading skills without risking your hard-earned money
- A community where you can join and talk to people from all around the world about trading
- Tailored features for Bitcoin traders
As you can see, the aim of BitPrime Gold isn’t to trade on your behalf but rather to provide you with all the tools necessary to become a much better trader in the future. If you’re someone who’s been looking for a simple-to-understand yet powerful platform, this may be a decent option to consider.
Is BitPrime Gold a Scam?
According to our research, there weren’t any indicators telling us that BitPrime Gold was a scam. Overall, the platform’s home page doesn’t give users any unrealistic promises regarding the platform or profits. On the contrary, it encourages new and seasoned traders to keep learning more about the Bitcoin market through the platform so that they can make better investment decisions.
As for our testing process, we didn’t experience any particular issues with the platform, the trading process, or the withdrawals. Our programs didn’t detect any malware or viruses on the website, which is something that happens with some scam websites, so you’re good to go in this particular area.
The fact that you can create an account and use the “Demo” features with no extra cost was something that we particularly enjoyed since some platforms tend to charge extra for some features. Additionally, the company holds all of your earnings in regulated accounts, so there’s no need to worry about the withdrawal process.
Finally, we went looking for BitPrime Gold reviews to back up what we’re saying, and we mostly found positive reviews. Overall, BitPrime Gold seems to be a legit trading platform that you can use.
Determining whether a trading app is a scam or not must always be your number one priority. When it comes to our reviews, the first thing we take a look at is whether the app is a scam or not since these platforms involve heavy money investments. We don’t want to promote a trading platform that is known for taking money from people.
One of the most crucial parts of your journey as an investor (regardless of the cryptocurrency) is choosing the right platform. Many beginners go for suspicious websites since they are filled with unrealistic promises regarding trading, and since those beginners don’t know whether these claims are realistic or not, they decide to put their money there. Once you put your money into a trade, there’s no turning back, which is why we take these reviews seriously. In most cases, there’s no way to get your money back.
How Does the BitPrime Gold Platform Work?
The way in which BitPrime Gold works is fairly simple. Once you create an account, you will get greeted by the platform, which you can explore as much as you want. Moreover, you can connect with professional licensed brokers who can help you place trades until you feel comfortable working on your own.
Remember that BitPrime Gold isn’t supposed to trade on your behalf. It’s not an automated trading platform. If you truly want to see results, you must pay attention to your trades or what your professional broker does. This platform is supposed to help you become a much better trader through access to educational resources and help from licensed professionals.
On the other hand, if you’re already an expert trader, you will notice you have access to a wide range of options regarding trading. Moreover, one of the most remarkable features of BitPrime Gold is its demo account. Typically, trading would be a trial-and-error process, but thanks to the demo feature the company offers, you’re able to test everything you need before spending real money.
When it comes to your investment, you’re free to spend as much or as little money as possible. We always suggest new traders start with a low amount of money since there are fewer risks when trading.
It’s important to note that the BitPrime Gold platform is entirely free of charge. There are no extra fees for using the demo account either, so you can rest assured the only money you will be using will be the one you decide to invest.
Those who are looking for the best way to learn about Bitcoin can greatly benefit from what BitPrime Gold has to offer since it’s a platform that only focuses on this cryptocurrency.
Once you’re done with your trading, you’re free to request a withdrawal. Here, you will get your funds transferred to either your bank account or your crypto wallet, whichever feels more comfortable for you.
One of the things we liked about BitPrime Gold is that it’s transparent with what it offers. Once you check out the platform’s home page (and the platform itself), you will notice that there are no unrealistic expectations for traders. This is greatly appreciated since there are hundreds of different apps on the market that don’t offer what they’re marketing online.
How to Create a BitPrime Gold Account
Creating an account at BitPrime Gold is fairly simple. The process is similar to other crypto trading platforms on the market, so whether you’ve traded with another platform before or not, you won’t have any problems with this process.
Those who are interested in creating an account at BitPrime Gold may follow these steps:
Step One – “Register and Confirm”
First, the company requires traders to submit a registration form, which is located at the top and bottom of the website. The form requests basic information like your name, your phone number, and your email address.
Once you’re done, you must wait for the company to send you a confirmation email, although it doesn’t take that long to arrive.
Step Two – “Speaking with an Expert”
Now that you have an account, you can start browsing the platform and take a look at what it has to offer. The company states it wants to provide the best support to traders possible, which is why you have the option to contact one of the company’s licensed brokers to ask any questions you may have.
Moreover, you can choose one out of two trading methods. The first method involves using the platform yourself, which is more suitable for advanced traders, and the second one allows you to place your trades through brokers. Overall, the second option is recommended for those who don’t have that much experience with trading, although you can choose the option that fits your needs the best.
Keep in mind that, regardless of the option you choose, you’re able to change it later on.
Step Three – “Discover the Platform and Trade”
Finally, you can use the company’s demo account to understand how the platform works until you’re confident enough to trade with real money. Once you’re done with the demo account, all you have to do is add the deposit and start trading.
H2 What Are the Key Features of BitPrime Gold? There are several features that make this program stand out from the rest. You can read more about BitPrime Gold’s features below:
Focus on Bitcoin
As mentioned before, this platform focuses solely on Bitcoin, making it a perfect option for those who are only interested in trading with that cryptocurrency. Unfortunately, this means that if you ever want to switch to another crypto, you may have to look somewhere else.
A trading platform that gives out inaccurate information is useless. Thankfully, the technology behind BitPrime Gold’s platform is good enough for those who are looking for a safe and reliable trading experience.
Keep in mind that this isn’t an automatic trading app, so if you’re looking for a way to automate your trades and call it a day, you may have to look somewhere else.
Help from Brokers
While BitPrime Gold doesn’t automate your trades, you can decide to get help from a licensed broker. These brokers have years of experience and will help you make the most out of all your trades.
Military Grade Encryption
The website for this platform has 256- AES bit encryption, meaning your personal information and money will always be safe from hackers or any other person trying to steal your funds.
Registering and processing trades through BitPrime Gold is entirely free of charge. There are no extra fees, so you don’t have to worry about spending more money than you can afford to lose.
The process to make a deposit or withdrawal on some platforms tends to get tedious. Thankfully, this isn’t the case with BitPrime Gold since we noticed that all of our transactions were completed in under 24 hours, which is fairly fast.
In essence, BitPrime Gold seems to be a reputable platform that traders at any skill level can use. However, this doesn’t mean that you don’t have to put in a lot of work to become a better trader. If you decide to create an account here, make sure to use all of the educational resources available, including the brokers’ help, to make the most out of your trading experience.
Remember that everything we just told you was our experience. If you want to know how this platform works in depth, you can create an account.
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