Bitcoin Motion Review 2022- Scam or Legit ?
Cryptocurrency trading bots have become a popular part of the market in recent years. Traders looking to ease their workload will appreciate the automation capabilities of trading bots.
One popular name in the market right now is Bitcoin Motion. But, before you use any bot, it’s important to study the auto trading robot software to know how it works.
This Bitcoin Motion review covers everything you need to know about this bot, what it is, online claims as to how it performs, and whether you might want to consider it.
Bitcoin Motion Summary
Minimum Deposit | € 250 |
Claimed Success Rate | 92% |
Supported Cryptocurrencies | BTC, ETH, BNB, LTC, IOTA, EOS, BTG, BCH, XRP |
Mobile App? | No |
Cryptoassets are a highly volatile unregulated investment product. No UK or EU protection. Your capital is at risk.
What is Bitcoin Motion?
Bitcoin Motion is an automated cryptocurrency trading bot. The robot claims to monitor the market using high-quality algorithms, searching for buy and sell opportunities for traders looking to maximize their earnings.
Bitcoin Motion uses artificial intelligence (AI trading) and machine learning algorithms to find profitable trading opportunities and make moves even when you’re not at your computer.
According to the developers, the setup is key. Once you set your desired trading parameters, the bot does the rest for you. According to their claims, this Bitcoin robot can help even beginner traders make money from the market.
One of the benefits of Bitcoin Motion is that the bot executes different trading strategies on investors’ behalf. The bot states its users won’t miss an opportunity to profit from the market from scalping to short selling.
With access to the market at all times and a simple-to-use interface, Bitcoin Motion claims to be suitable for all classes of investors. Many Bitcoin Motion reviews that we found online have credited it for being reliable.
We couldn’t verify any of these. However, traders still need to understand that the crypto market is highly volatile and they should tread with caution when dealing with auto trading tools like the Bitcoin Motion Bot.
However, if the company’s claims are true, using Bitcoin Motion would be beneficial because the app is automated. You don’t need to do the heavy lifting, and you can also customize it to suit your preferences and trading style. The bots developers also claim that it achieves a success rate of 925, which is competitive with the market for crypto trading bots.
Bitcoin Motion Pros & Cons
Pros
- Automated trading on your behalf.
- No trading fees or hidden charges.
- Supports trading in over 10 assets.
Cons
- Anonymous developers.
- No mobile app functionality.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU protection. Your capital is at risk.
How Does Bitcoin Motion Work?
As explained earlier in this Bitcoin Motion review, this bot works with artificial intelligence and machine learning models. The platform claims both technologies are responsible for their impressive success rate and ability to time the market.
Notably, Bitcoin Motion works by trading cryptocurrency contracts for difference (CFDs). Contracts for difference are contracts that give you the right to buy Bitcoin or sell at a later time.
The difference between your position size and Bitcoin’s actual value at the time is eventually paid. So, with the Bitcoin Motion robot, you’re not actually trading the cryptocurrencies themselves. Instead, you’re trading via CFDs.
To trade these CFDs, Bitcoin Motion connects with a network of brokers.
The Bitcoin Motion robot leverages machine learning and other high-end mathematical tools to scan the market, analyze massive data sets, and identify possible position entries.
The bot doesn’t trade cryptocurrencies following human emotions, so it claims to achieve a higher accuracy rate. It also claims to have the ability to predict coin price movements in real-time, ensuring that you have the proper platform to make money.
Bitcoin Motion says its tool empowers even newbie investors to profit from the market with its customisation and automation. Simply put in your initial €250 deposit, set the parameters, and the bot handles the rest.
However, it is important to note that trading cryptocurrencies – especially with robots – can be risky. So, only invest small amounts to limit your downside.
Bitcoin Motion Key Features
Below, we’ll cover what Bitcoin Motion has to offer you and how they can benefit your trading experience.
One of the most important parts of the Bitcoin Motion robot is the demo account. The demo account affords both newbie and professional investors the opportunity to test their strategies and refine their parameters. This section provides access to what the robot does and how it works.
Bitcoin Motion is a highly customizable bot. In a way, this is one of its strengths. With the demo account, traders can try out different strategies to see which one works best. The demo account isn’t a necessity, but we would definitely recommend that you give it a try.
You might think that this bot only supports Bitcoin, but that’s wrong. As the Bitcoin Motion website shows, this bot supports trading in several other popular crypto assets. These include Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH), Litecoin (LTC), Dash (DASH), XRP (XRP), ZCash (ZEC), Bitcoin Gold (BTG), Ethereum Classic (TC), IOTA (MIOTA), EOS (EOS), Cardano (ADA), and Binance Coin (BNB).
With support for multiple currencies, Bitcoin Motion makes it easy for you to diversify your portfolio and make the most out of your cryptocurrency investments. Of course, keep in mind that crypto trading and investment are very risky. So, take precautions and only trade small amounts of money.
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Account Creation Made Easy
These days, a lot of crypto services tend to waste time with account creation and registration. They take your data because they need to comply with anti-money laundering (AML) and know-your-customer (KYC) laws. While this is understandable, it can also be frustrating.
Fortunately, Bitcoin Motion doesn’t need any of this. The platform claims to operate a quick and seamless account opening process. This swift setup allows you to get started in just a few minutes. This Bitcoin Motion review will explore how to get started with the bot in the subsequent sections. However, rest assured that the process is very fast.
The speed of the Bitcoin Motion also extends to its trade execution process, the platform claims. The Bitcoin Motion says the bot can spot a trade setup and initiate a position much faster than any human trader. Most trades on Bitcoin Motion are said to be executed in less than 1 millisecond.
Since Bitcoin Motion handles your funds, it is important that it keeps you safe.
Bitcoin Motion says it uses optimal encryption technology to protect your personal details. The encryption also ensures that no one can steal your funds.
As for data, Bitcoin Motion only takes your mail and telephone number during signup. However, please remember that all trading includes risk. Be sure to always protect yourself, and ensure proper position sizing to limit your downside in the event of a market downturn.
Unlike some other trading bots, Bitcoin Motion doesn’t dally when it comes to handling withdrawals. The bot’s developers claim that it handles withdrawals almost instantly. This means, if you make a profit of €1000 from your initial investment, the platform says it would process your withdrawal without fail. We didn’t test this feature and we also couldn’t find any negative reviews from past customers on withdrawal issues. With the speedy withdrawal features, it makes Bitcoin Motion more favourable compared to many other bots – which tend to take up to seven business days to process withdrawals.
It also means when the market is in a downturn and you want to withdraw your funds, you don’t have to worry about liquidity with Bitcoin Motion.
Bitcoin Motion Fees
Several Bitcoin Motion reviews all allude to the platform’s affordability. Below is a breakdown of its fees:
Account Opening Fee | None |
Commissions | 0.01% |
Inactivity Fee | None |
Account Maintenance Fee | None |
Transaction Charges | None |
As the table above shows, Bitcoin Motion doesn’t charge anything. The bot makes money by charging a small 0.01% commission on all successful trades. This means that Bitcoin Motion doesn’t make any money if traders don’t. Its commission is much lower than what you find on most other trading bots.
Is Bitcoin Motion a Scam?
So, is Bitcoin Motion a scam? It’s understandable that you might not want to trust trading bots with your money. These days, many bots come into the market with the promise of helping traders make money, only to be fake.
As per online Bitcoin Motion reviews and its website, their bot works with a network of brokers who handle most of the trade execution and position sizing. The bot’s primary job is to enforce transactions and content you with these brokers.
Several Bitcoin Motion reviews have also alluded to the bot’s efficiency. At the same time, remember that cryptocurrency trading can be risky. Always do your own research (DYOR) in crypto and on the Bitcoin Motion trading robot before investing.
Bitcoin Motion Minimum Deposit
The minimum deposit available on Bitcoin Motion is €250. This is competitive with other trading bots. Bitcoin Motion’s developers claim that you will be able to make many times more on your investment.
But, keep in mind that crypto investment can be tricky. The market is very volatile, and you should start investing with the minimum amount – especially if you’re a newbie investor.
Bitcoin Motion Customer Support
Bitcoin Motion’s developers have claimed that they offer 24/7 customer support for current users. However, we couldn’t get a response in time from customer support as part of our Bitcoin Motion review. But, while you run your Bitcoin Motion test, you could try to contact their customer support to see how quickly they respond.
There is also no contact information available on the website before you sign up. What we found was a contact us form with no company address or phone number on their website.
How to Use Bitcoin Motion
If you’re looking to conduct a Bitcoin Motion test or you want to use the platform, here are the steps you can take:
Visit the Bitcoin Motion home page. You can click on the “Register” button or just enter your details in the dialogue box at the top right-hand corner. You will need to enter your name, Email address, and phone number.
The Bitcoin Motion app will immediately connect you to one of its partner brokers. From there, you will be taken to your profile page.
The demo account is an important part of your platform experience. It isn’t required, but it will help you get a better understanding of the platform and how it works. The demo account also allows you to test different trading strategies, so you can be more confident about your trades.
Next up, you will need to deposit your funds. Bitcoin Motion allows you to deposit using cards or bank transfers, and you should remember that the minimum deposit is $250. For traders with limited budgets, this should be more than enough.
Once you’ve funded your account and got a feeling of the demo account, you should be ready to begin trading for real. Simply customize your trading bot, set your risk management tools, and leave the bot to trade for you.
The Verdict
Bitcoin Motion looks to be a simple-to-use trading bot that can help you make money in the market. The service claims to have a backtested success rate of 92%, and its developers have also touted its security and efficiency.
Is Bitcoin Motion legit? We can’t give a definite answer to this. but, the bot appears to have the features of a legitimate platform.
However, since the crypto market is very volatile, we recommend that you only trade with money you’re willing to lose. Also, be sure to use your stop loss and take profit when trading. Guard against greed and start small – also make a test withdrawal early on.
Ready to try Bitcoin Motion? Sign up below to start trading.
Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.