Cryptocurrency trading is trailblazing the trading world and redefining the financial markets. With so many crypto trading systems out there, it can be daunting to find the best trading system to begin trading. The key to finding the best trading app is determining which is legit or a scam. With our years of trading experience, we present our honest BitiQ app review, which will hopefully help you decide if the BitiQ trading app is the right trading system for you. BitiQ is a trading platform claiming to have many beneficial trading strategies. Check our comprehensive trader’s review to determine if it’s legit or a scam.
BitiQ Review – Is it a Legit Crypto Trading Platform? Let’s Find Out!
BitiQ is an automated trading system that claims to cater to the crypto trading needs of all kinds of traders. BitiQ claims on their official BitiQ website that BitIQ is not a brokerage itself. Instead, it is a platform that can connect you with regulated brokers with reliable trading software.
BitiQ’s brokers claim to find trading opportunities through their innovative trading software that employs auto trading robots incorporated with artificial intelligence technology. These auto trading robots utilise trading strategies such as but not limited to arbitrage trading, news trading strategies, and price trend analysis. These trading tools will be discussed in-depth later on in this BitiQ review to give you a clearer picture of this trading app.
You’ve probably researched several automated traders already in the hopes of finding the brokers with the most reliable automated trading software to trade crypto. Here’s some quick information on BitiQ to help you finalise your trading platform choice and start trading cryptocurrencies.
BitiQ | Quick Info
- Minimum deposit: $250
- Duration of Withdrawal Process: 24 Hours
- Mobile Application: No
- Tradable Cryptocurrency Coins: Bitcoin, Ethereum, Ripple, Bitcoin Cash, and more
BitiQ | Trading Strategy
Here are the investing tools claimed to be employed by BitiQ’s brokers that are described in detail. Reviewing these strategies through our trader lenses can help you decide if these are enough to make BitiQ legit.
AI trading robot with automated trading tools
BitiQ’s brokers’ auto trading robot feature facilitates the crypto trading process for you with the trading parameters you set. The crypto trading bot trades based on specific trading levels you and your broker set. Keep in mind that auto trading risks your own money while you’re away, and you should be careful before using these automated trading tools. This crypto trading bot incorporates artificial intelligence that learns from you and the crypto market. It can then recommend decisions based on your trading style and its crypto market analysis. Advanced traders can better manipulate this feature. If you’re a newbie trader and would like to use this feature, ensure to discuss it first with your assigned broker.
Arbitrage trading
Arbitrage trading strategies capitalise on the price differences between financial exchanges. The crypto market is fast and ever-changing, and thus financial exchanges differ in their evaluation of a coin’s current price. It’s a unique trading strategy that not many trading platforms have. BitiQ claims its broker can evaluate over 30 exchanges simultaneously to execute accurate arbitrage trades by the minute.
News trading
This strategy leverages the latest happenings and events in the crypto world. This is one of the better trading tools that many cryptocurrency trading platforms are beginning to use. Most of the news in the crypto world is readily available online on famous websites such as Twitter, Cointelegraph, and CoinMarketCap. BitiQ’s brokers claim they can siphon through large pieces of informational content from news sites and compare these findings against their technical analysis to formulate potentially better trading advice for their traders.
Price trend analysis
The brokers of BitiQ claim to have superior technical analysis skills that could potentially secure you higher profits. These brokers claim that their years of experience analysing crypto market trends have strengthened their traditional trading fundamentals. Combined with their trading software, these fundamentals give them an edge in creating trading strategies.
BitiQ | Pros and Cons
After reviewing BitiQ’s claimed features, here are what we deem as their pros and cons based on our assessment of their platform.
Pros
- Trade support for multiple cryptocurrencies
- Simple, easy to use interface
- Crypto trading bots
- Many trading tools
- Minimum deposit of only $250
- Demo account feature
- Vast network of regulated brokers
- Fast deposits and withdrawals
Cons
- No mobile app (but it is accessible on your mobile web browser)
- It does not entirely eliminate risk in trading
Disclaimer: We are not an affiliate marketer or promoter of BitiQ. There are many scam reviews out there designed to entice you to give your contact and financial information to their website. Some of these reviews may even obtain your credentials from your digital footprint on their site. We will never in any way ask for any of your private information. The sole purpose of this BitiQ review is to assess the BitiQ website for readership purposes.
BitiQ | Frequently Asked Questions (FAQs)
Before we review their sign-up process, we’ll do our very best to answer some of the questions asked about the BitiQ app.
Do I need prior trading knowledge to use BitiQ?
No, you don’t need prior knowledge to begin altcoin and Bitcoin trading with BitiQ’s brokers. Over time, you have the potential to learn trading while trading with the guidance of your broker.
Is there demo trading?
Yes, BitiQ’s brokers have a demo trading feature. You can practice on a demo account before you switch to live trading. Demo mode allows you to hone your skills before trading with real money. Most traders say that practising on a demo account is essential for successful trading.
Are there any other fees in registering with BitiQ?
No! BitiQ’s brokers don’t charge any hidden fees. All you need to do is make a minimum deposit of $250 using your preferred payment method, and voilà! You can begin crypto trading on your new trading account.
How can I transact with the brokers of BitiQ?
BitiQ’s brokers make it easy to make deposits and withdrawals from your bank account through online bank transfers. These transaction features are readily available on your broker’s trading dashboard. A withdrawal request can take up to 24 hours. Ensure to discuss with your broker your transactions before making them.
How much can I make with BitiQ?
There’s no limit to how much you can potentially make with the brokers at BitiQ. Successful trading depends on your patience and dedication to the markets. Most traders fail in the live trading session because they fall prey to emotional trading. Managing risk is your own personal responsibility. Practising trading through the demo feature and regularly consulting with your broker can do much to potentially increase your chances of gaining more money.
Are there famous people who use BitiQ?
We have heard rumors but don’t have sufficient information to confirm them. Elon Musk is currently the world’s richest man at the time of this writing, and he has founded many innovative companies such as PayPal, Tesla, and SpaceX. Elon Musk is a known cryptocurrency investor with a publicly known portfolio with Bitcoin, Ethereum, and Dogecoin as assets. There have been rumours saying that Elon Musk used BitiQ’s brokers to get into the crypto market, but these rumors are speculative and not confirmed until factual evidence has come out.
BitiQ | Registration Process
If you’re feeling convinced that BitiQ is the trading platform for you, here’s their user-friendly and straightforward registration process that you can do to be a trader of one of their world-class brokers.
STEP 1: Create a trading account
On the landing page, you’ll see BitiQ’s query form. Enter your personal information, such as your name, email address, and contact number. Please don’t fret; BitiQ’s privacy policy holds them liable for sharing your information publicly. BitiQ will never leak your private information. Once done, BitiQ will scour its broker network for one to be of service to you.
STEP 2: Verify your account
Your assigned broker will reach out to you for onboarding. They will first confirm your identity through a simple verification process to make sure it was you who signed up. Make sure to respond to your broker to begin your partnership. A good bond with your broker is helpful in any crypto trading journey!
STEP 3: Fund your account and trade
This is the final step before you can begin trading. Hoorah! Transact with your broker and make an initial deposit, and there you go! You may now make your first trade on their live trading feature. Be sure to study all the trading procedures of your broker first before making any decisions.
BitiQ | Final Words
We conclude our BitiQ review here and would like to thank you for reading our article. After all, we’ve seen with BitiQ, we only have the following thing to say:
BitiQ Review – It’s Legit!
As traders, we indeed saw how BitiQ eases the trading process by connecting you with reputable brokers quickly and how these brokers can provide you with the latest tools and technologies that can potentially make you a successful trader. Their BitiQ app can be understood by traders of all levels, making trading with BitiQ hassle-free. This combined creates a pleasant and easy live trading experience for any trader.
As always, success in trading is totally up to you. Learn how to trade intelligently and not emotionally. Trading involves a lot of risk management. This can be learned through persistence and allowing time and effort to study trading. Most of all, enjoy the trading journey! Start trading today!
Note: Cryptocurrency trading is highly volatile and subject to fluctuating price movements. Do your research before making any trading decisions. Anything written in this article will not be considered investment advice, and we are not liable for any potential losses. You can lose your entire investment.