BitQT BQ is a trading app that reportedly helps ordinary people make a passive online income trading bitcoin CFDs. The app is powered by Artificial Intelligence (AI) algorithms to enable it to conduct all trading functions automatically.
Some media posts allege that it is possible to earn thousands of dollars in profits daily trading with this robot. The minimum you can invest with this robot is $250. But is BitQT BQ trustworthy?
In this BitQT BQ review, we have taken a deep dive on this robot to confirm its legitimacy claims. From the data we have amassed, BitQT BQ seems legit. We will discuss how we have come to this conclusion in this review and also offer tips to help you trade with it successfully.
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Remember that all investment opportunities carry a certain risk.
What is BitQT BQ: Trading App Overview!
Thanks to the exponential growth of computing technology, automation is taking over nearly all facets of life. Analysts estimate that intelligent computer programs will take over 90% of jobs by 2025.
In finance, robots have already taken over 70% of professional jobs. Among these is investment management and trading. Robo advisors are currently managing over $1 trillion in the US and are expected to manage over $5 trillion by 2025.
In trading, institutions such as Goldman Sachs and Citi Group are investing big in trading robots. Individual traders are also resulting in robots due to their high supposed performance and low fees. While a professional trader charges a fund management fee of up to 20%, robots charge only 2%.
BitQT BQ is a trading robot that exclusively trades BTC CFDs. A BTC CFD allows you to trade BTC without going through the traditional buying process. Buying bitcoin traditionally is not only tedious but highly insecure. There are countless cases of people who have lost their BTC holdings through hacking.
When trading through BitQT BQ, you do not have to worry about losing your investment in a theft. This is because you are not owning BTC but speculating on the volatility behind it. BitQT BQ relies on military-grade encryption to protect your data from theft.
BitQT Scam? How does BitQT work?
While testing the live trading feature on this site, we paid close attention to the performance of the trading robot. Yes, we found the trading robot on BitQT; this is the feature that performs live trading actions independently.
The first step to using BitQT starts with the account creation process. We went through this action to create our first account, and it was registered.
After the account application was approved, we made a deposit, in this case, my team decided to start with the minimum deposit of $250, it did not take long to make a deposit, and we could proceed to start trading.
The trading session lasted for six hours, all we had to do was click on a button, and the system was activated, During trading, we were thrilled to watch the robot scan the crypto market to detect and follow different market trends.
My team observed that the trading robot on BitQT could scan the market in seconds. This is one of the reasons we believe so many people make money with BitQT every day. After identifying a positive market signal, the trading robot follows up and completes the deal on behalf of the account owner.
We had a seamless experience during our first live trading session, and it was so fast, there were no hitches during the trading process. We are delighted about BitQT because it means that our readers can start earning more money from the crypto market every day.
How Does BitQT Operate?
The company does not have any tangible information regarding how their application works. The trading conditions are not discussed. Additionally, we did not have the privilege of seeing their trading results, which is a significant drawdown.
In finance and investment, we do not rely on the theory. We use evidence to determine the viability of a product or service. Therefore, BitQT lacks adequate data that can verify that they are indeed profitable. The entity state that it is not an affiliate marketing firm or an MLM.
BitQT claims to have a laser performance that they cannot verify. Moreover, the entity also brags that they have won multiple awards as the best trading software. Unfortunately, they do not mention who awarded them this title.
However, they do not disclose the brokers that they are working with to the public. The company only brags of having an accuracy rate of 99.4%. Logically speaking, this is to means that the software does not lose any trade. Even the best trading bots in the markets do not have anything close to this accuracy.
It is something that should raise questions. Moreover, this scam bot also brags of not having any hidden fees, and what is even absurd it claims that some of their clients have become a millionaire within a period of 3 months. Watch out since this is clearly a Ponzi scheme.
Tips for Making the Most Out of BitQT
Like with any program, you won’t be making thousands of dollars a day right when you start using this program. However, you can quickly build up to this amount if you follow some of the tips that we have. These tips helped us earn as much as possible while testing the software.
Use Auto Trading
This program gives you the ability to trade manually or automatically. In this aspect, it’s essential to think of it as a trading tool, and use the features provided to make the most money possible. Auto trading can ensure that you’re making all the right moves with your money. This tip is the most important when you first get started and don’t know much about how to read the crypto market.
Unlike other forms of investment, you can start small with cryptocurrency and still turn a big profit. In fact, we recommend that you start with a small, initial deposit of just $250. Most people can afford to part with this amount if their trading goes sour. It’s always a good idea to only invest money that you can afford to lose. Although, your chances of losing money with this program are slim, it’s always a possibility when you invest.
Set Up Parameters That You’re Comfortable With
Setting up trade parameters is important when it comes to investing. It only takes a few minutes with this software, and it will give you some peace of mind. These parameters help you set up the strategies that your program uses to invest and the level of risk with which you’re comfortable. This includes the amount of money that you want to invest.
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How to Create an Account
Now that you know so much about BitQT, it’s time to create an account and get to trading. The good news is that creating an account with this program is easy. It only takes a couple of minutes. Before you know it, you’ll be trading in cryptocurrency with the best of them.
Step One: Open Your Account
The first step is the most in-depth and important. Before you can start, you have to create an account. Fortunately, the overall process is easy, but it can only be done on the program’s website. Thus, you must visit the BitQT website, and fill out the registration form. Luckily, it only needs your basic information to create the registration process. This includes your:
- Email address.
- Phone number.
- Full name.
- The password you want to use.
Step Two: Download the Program
Unless you’re only going to access this program from your web browser, you should download it to the device that you want to use. This includes downloading the program to your personal computer or getting the app for your mobile device.
Step Three: Fund Your Account
You can’t start trading until you put money into your account. Once again, we recommend starting with the minimum deposit of $250. Once you’ve tried the program for a while, you can always add more money into your account if you wish.
While you wait for your deposit to approve, you can start trading with the demo account if you haven’t tried it already. The demo account is a fantastic way to get familiar with the program and learn how to trade effectively. Best of all, you can use the demo account risk free before you start trading with real money.
Step Four: Start Trading in Cryptocurrency
With your deposit approved and your account set up, your last step is to trade. Unless you’re familiar with trading, we recommend starting with auto trading. It will make the right moves for you and put your investments on autopilot.
Once you make money, you can easily withdraw it to your bank account for free. This program doesn’t charge money for withdrawing money. However, some banks charge fees. Please refer to your financial institution to determine if there will be a fee for transferring money to your account.
Overall Rating 8.5/10