You may trade cryptocurrencies around the clock with the aid of Bitcoin Era, a trading program that employs algorithms, high-frequency trade. The service boasts that traders may make daily profits of approximately 60% with an initial commitment of just $250.
Therefore, should you trust Bitcoin Era or not? In this study, we'll go further into the capabilities of the Bitcoin Era trading bot.
Bitcoin Era: What Is It?
Just like other trading bots, Bitcoin Era is an automatic crypto trading robot. It scans the bitcoin market for profitable deals and makes the trades automatically. Bitcoin Era says it can make trades far more quickly than a person can because it employs an artificial intelligence system. In addition, it may do business around the clock.
Traders using Bitcoin Era are promised daily gains of up to 60% thanks to a system that supposedly wins 85% of the deals it initiates. These statements cannot be verified by us, although they are consistent with those made by other crypto robots.
The platform will not charge you for opening an account or making trades, but it will deduct a 2% fee from any gains it helps you make. In other words, you only pay for Bitcoin Era when the service begins to generate profits. Dont forget that theres always the risk of losing money while trading with the Bitcoin Era.
You may test out the Bitcoin Era without spending any real money by signing up for a free trial account.
What Is The Process Of Bitcoin Era?
The Bitcoin Era says its trading system is based on artificial intelligence. The unique system can track the fluctuating values of cryptocurrencies and spot trends that usually come before a dramatic price swing.
The algorithm will place a buy or sell order via your brokerage account when it detects such a price pattern and proceeds with the deal automatically. The Bitcoin Era may use leverage to establish huge positions with a little sum of money, multiplying the potential gains from a tiny price change. Do not forget that the risk of loss is significantly amplified by using leverage.
Your transaction will be closed and your money refunded to your account after the predicted price movement has concluded or the algorithms profit objective has been reached.
Everyday, hundreds of transactions follow this pattern. The Bitcoin Era boasts of a high win rate (85%) and the ability to run numerous profitable transactions at once.
While the Bitcoin Era claims a high rate of success, we were unable to confirm this.
The Main Characteristics of the Bitcoin Era
To help you make an informed decision about the Bitcoin Era, well be reviewing some of the most important aspects of this trading platform.
Numerous Cryptocurrency Marketplaces
Bitcoin Era, as stated on its website, can track and trade 14 different cryptocurrencies. Its important to note that the Bitcoin Era doesnt directly acquire cryptocurrency. Instead, CFDs are traded in crypto-fiat and crypto-crypto pairings like BTC/USD and ETH/BTC. Using CFD pairings is crucial since it greatly expands Bitcoin Eras access to trading marketplaces. The website tracks over 50 different CFD markets in total, allowing users to take full advantage of daily trading possibilities.
Margin Trading
One of Bitcoin Eras best features is its ability to trade CFDs with a high degree of leverage. Popular crypto CFDs may be leveraged up to 5,000:1 on the platform. As a result, Bitcoin Era may invest $1.25 million with only a $250 starting capital investment. That level of investment means that a change of only 0.1% in price may result in a gain of $1,250.
The Bitcoin Era may increase its leverage to take more direct advantage of trends in which it has high confidence. You should know that leverage might potentially increase your losses. Trading using the Bitcoin Era has a certain level of risk.
Quickly Placing Orders
The technology behind Bitcoin Era can detect new price trends almost instantly. It has a major advantage over human traders because it continually analyses and re analyses the market with each new tick. Bitcoin Era claims that transactions may be made on the platform moments after a pattern has been identified.
Live Account Demonstration
Bitcoin Era, like other crypto bots like Bitcoin Era and Bitcoin Profit, has a sample trading option so that you may test out the platform before committing any real money to transactions. See how Bitcoin Era functions in the real world and determine whether it is a suitable match for your trading needs by testing it out for yourself.
Instantaneous Withdrawals
Withdrawals may be expected to be processed by Bitcoin Era within 24 hours. Youll have rapid access to your funds anytime you need them.
To be prepared to invest during market lows, Bitcoin Era suggests regularly withdrawing 20% of your winnings. According to the Bitcoin Era, you should put back 80% of your gains into your trading account. The greatest approach to investing is the one that you choose for yourself.
Transaction Costs for Bitcoin Era
There are zero Bitcoin Era fees for opening an account or making a trade. Instead, this service earns money by taking a 2% cut of whatever gains the platforms algorithm generates on your behalf. This may add up to a substantial sum for bigger accounts, but it also ensures that the Bitcoin Era is only costing you money when it is producing a profit.
The cryptocurrency brokers with whom Bitcoin Era executes transactions charge their own fees. The majority of CFD trading platforms also charge spreads, and some even charge to fund or withdraw from an account. The Bitcoin Era has no say over these charges, which are set by the individual brokers.
Could Bitcoin Era Be A Fraud?
For our Bitcoin Era review, we set out to find out whether the Bitcoin Era is legit or a fraud. You should be wary of any service that guarantees a daily return of 60% with negligible expenses.
You may test the waters of Bitcoin Eras trading platform with a virtual money account before committing any real cash. You only pay Bitcoin Era for its services if and when the platform generates a profit for you. The same holds for other well-known Bitcoin robots like Bitcode AI.
We were unable to independently verify the platforms stated 85% win rate, and remember that any trading involves risk. However, the platforms success percentage is comparable to that of other crypto trading robots.
Bitcoin Era collaborates with top-tier authorized brokers that follow national regulator guidelines. These include the FCA of the United Kingdom.
Final Thoughts
A daily 60% profit is promised by Bitcoin Era, a cryptocurrency trading robot. Claiming an 85% success rate on deals it initiates on your account, the programme deals 14 distinct cryptos nonstop. Neither the daily return nor the success rate of the Bitcoin Era could be confirmed. Trading and investing always come with some degree of danger.
Bitcoin Era has a demo mode so you may test it out without spending any of your own money. You simply have to pay for the privilege of using the platform out of any profits you may accrue from its usage.