Bitcoin Era Review in the UK 2023: Is the Software Safe or a Scam?

Cryptocurrency has become a lucrative investment opportunity that competes with well-established assets like stocks, fiat, or gold in terms of popularity. Investors are putting hopes and big sums in crypto, aiming to multiple their profit while  digital currency market is booming.

To gain trading capital and get rich by trading Bitcoin or other cryptocurrencies, you need auto trading platform. There are many of them around the web. However, users always seek reliability and security to be sure that their money won’t be wasted or, in the worst scenario, stolen.

For this purpose, we have decided to create a Bitcoin Era review. If you are looking for a one-word answer, we can say it’s reliable. However, if you want to dig deeper and learn more, keep reading the article.

What Is Bitcoin Era?

Bitcoin Era is an AI-powered trading system that provides automated cryptocurrency investment services for the sake of gaining profit. The platform is backed up by algorithmic analysis that ensures a high level of accuracy. However, you can also apply customized parameters and abandon auto-trading.

It operates with the following cryptocurrencies:

Alongside this, it also deals in fiat currencies, supporting BTC/EUR and BTC/USD trades.

In order to make a profit, a user can register on Bitcoin Era for free and start the session. As soon as it’s done, the gain is deposited to the user’s account.

The platform roots back to traditional investment. Its founder used to be a senior portfolio manager at the Wall Street hedge fund, who designed a system for financial derivatives trading. He patented it in 2016 and applied the mechanism he developed for Bitcoin trading. According to some reports, the founder was also keen on crypto and made good money on trading before launching a FinTech company.

As the site states, eventually, this blend happened to be successful: the AI-powered bot earned more than $500,000 billion during 2016-2017 when Bitcoin was on the rise. Currently, the win rate is also impressive: it reaches 90%, which means that 9 out of 10 trades are successful.

What Are the Key Principles of the Bitcoin Era Software?

We have already mentioned that Bitcoin Era is an AI-powered and algorithm-based trading system. At its core, the founders have placed some secret strategies. According to the company, the number of strategies reaches fifteen.

Based on them, the smart bot generates entry and exit points for a particular cryptocurrency. Once the step is accomplished, trading robot transfers the data to a broker. As soon as they get the signal, they execute the trade according to the predetermined parameters.

The main idea of Bitcoin Era platform is fast-paced trading. It means that the bot carries out dozens of actions per second to make profit from the minor price fluctuations. It potentially results in profit despite trades being based on insignificant price movements. It comes from the broker’s leverage of 5000:1. That’s why a wide pool of reputable, trustworthy brokers is a must-have complement to the Bitcoin Era’s algorithms.

Is Bitcoin Era Safe to Put Money In?

Well, first things first: you don’t invest directly into auto trading platform. It’s merely an AI bot that helps you to trade your money on the crypto market. Now, let’s move to its credibility. Obviously, it’s one of the key questions when choosing a trading platform because there is a risk of running into a scam when browsing the web. That’s why we made it our top priority when assessing Bitcoin Era.

To put it briefly, Bitcoin Era platform is reliable. A trader can be sure that they won’t be tricked, the money will be used as intended, and the profit will be calculated fairly. Here are four factors that prove the bot’s legit.

Time-Honored Algorithms

The system that now drives profit for crypto investors used to be tested on traditional investing. As the developers claim, the bot has a time-leap advantage. It means that the profit is booked in every single trade.

Besides, the accuracy of the calculations is also rather high. Due to the extensive expertise from years of operation, it exceeds 90%. Some resources even claim it to be 99.4%, which is among the highest on cryptocurrency market.

High-Quality Crypto Trading Platform

How do you determine whether the platform is reliable or not? Look at what certifications and awards it can boast. With Bitcoin Era, everything is transparent. It has been receiving public recognition for a couple of years. The latest achievement is an award from the US Trading Association that grants it the title of the number one trading software.

High Level of Security

With security being among the top determining factors, the website did its best to protect users, their data, and funds. It’s said that the site has a foolproof system. It’s protected by robust encryption and adheres to the worldwide accepted data protection measures, such as the EU General Data Protection Regulation (GDPR).

Another crucial consideration is brokers - an integral part of the trading mechanism. The company doesn’t reveal their names but ensures that all of them work in compliance with their jurisdictions.

Simple and Fast Payouts

We needed to verify how easy it is to get money from the system. We found out that Bitcoin Era can pass this test with flying colors. The money appears on the user’s account as soon as the session is finished. Then, these funds can be withdrawn in a second with one click only. Typically, the investor receives them within less than 24 hours.

Advantages and Disadvantages of Bitcoin Era

How does Bitcoin Era work? Strategies and Trading features

Bitcoin Era works by using a combination of trading strategies and algorithms to identify profitable trading opportunities in the cryptocurrency market. The system uses a combination of technical analysis, fundamental analysis, and market sentiment analysis to identify profitable trading opportunities. The system then executes trades on behalf of the user, based on the parameters set by the user.

The system is designed to be user-friendly and easy to use, allowing users to customize their trading strategies and algorithms to suit their individual needs. The system also provides users with real-time market data and analysis, allowing them to make informed decisions about their trades.

The system also provides users with a variety of tools and features to help them maximize their profits. These include automated trading, stop-loss and take-profit orders, and a variety of risk management tools. The system also provides users with access to a variety of trading platforms, allowing them to trade on multiple exchanges at once.

What Are the Main Features of Bitcoin Era?

With the wide variety of available trading platforms on cryptocurrency market, every founder strives to make their creation unique. Although the features are fairly the same, each system has its own peculiarities. Here is what makes Bitcoin Era different.

1. Customizable Automated Trading Platform

Turning to an automated bot that gathers the historical data and manages trading based on it is no surprise. Typically, the software calculates the entry and exit points. However, with Bitcoin Era, a user can also control trading process.

It means that you don’t have to leave all the decision-making process to the bot. A user can interfere and set up the parameters, including the stop-loss, on their own. Although this isn’t a perfect scenario for beginners, experienced cryptocurrency traders will appreciate such a feature.

2. Fair and Transparent Payouts

This system involves several stakeholders: an investor, the bot or Bitcoin Era, and a broker. Of course, everyone has to get their share. The system calculates payouts fairly. Firstly, there are no hidden fees: everything is 100% transparent. Secondly, there is no broker commission. This burden is put on the company’s shoulder, not the investor’s.

3. Verification System

Bitcoin Era strives to enhance its position in terms of security and reliability. Besides implementing proper website protection, it also keeps track of users by introducing a compulsory verification system. The measure is meant to ensure that the data provided is accurate.

Bitcoin Era system is very simple. It doesn’t require a lot of effort: you can complete all the steps in a couple of minutes. Basically, all you have to do is to prove that you are of age and can engage in trading legally.

4. Supportive Customer Service

Bitcoin Era customer service is outstanding. You can always reach out to the help desk that is available whenever you need them. The staff is very friendly and competent on any topic that might concern you. Replies don’t take a lot of time, and overall, you’ll be satisfied with the service you receive.

If you have any trouble with the system (for example, you can’t withdraw the funds), the support team is always here to help you out. This proves the company as a reliable service that values customers’ needs.

Is the Bitcoin Era profitable in the UK?

Of course, it’s reasonable to question the profitability of any trading platform. With Bitcoin Era platform, the chances to win are pretty high. We have already mentioned that it boasts a high win rate and accuracy. According to the site’s statistics, every ninth trade wins.

What also attracts users to Bitcoin Era is a low entry point. You can start crypto trading with as little as $250. Potentially, you can gain about $800-900 per trade. Some users managed to get even higher incomes on one trade.

Another factor in favor of the service is their attitude. The company doesn’t try to steal your winnings. On the contrary, it’s interested in helping you win. That’s why the developers constantly update the system and improve the accuracy of the algorithm.

Ultimately, we can’t say that you will receive a huge payout all the time. But the platform isn’t responsible for this. There are many factors, including the general market situation, volatility, the chosen crypto asset, etc. For example, a coin can be growing and drive profit for a certain amount of time. However, if it suddenly loses in value, every investor will lose regardless of the trading platform.

A Step-by-Step Guide to Trading on Bitcoin Era

The Bitcoin Era trading platform is only available in countries where it has a regulated broker and account manager. You can start the registration process here to start trading and find out if this platform is available in your country.

Below we explain the different steps of the registration process.

Step 1 - Sign Up

The first step is to create a Bitcoin Era account. For this, visit the website and ­fill in the quick registration form right on the main page. You can also sign up via Bitcoin Era app if you have an Android device. To complete the process, you will need only an email and a phone number.

After that, you will receive an email with all the necessary data to activate Bitcoin Era account and proceed to the verification stage. The verification stage is also fast and simple. It will take only a couple of minutes to verify the identity and start crypto trading.

Step 2 - Try a Demo Account

A demo account is just like a real Bitcoin Era account. The only difference is that no real money is invested here. Its ultimate purpose is to help you get acquainted with the system. It imitates real trading and allows you to practice before making your first deposit.

Step 3 - Start Live Trading by Depositing Your Funds

Once you are done practicing, you can enter the world of real trading. The first step, obviously, is linking your payment provider. You can choose from several depositing methods that include but not limited to  Visa, Mastercard, Neteller, which are some of the most commonly used options.

Keep in mind that you don’t need to transfer everything from your bank account. The minimum sum of the deposit is $250.

After that, you can move to the live account and choose the type of crypto trading. You can select between auto and manual trading. In the first case, the bot will manage your investments. But if you choose the second option, you will be the one in control. If you need help, you can always ask the service for advice.

As you can see, Bitcoin Era is user-friendly and intuitive. It won’t take much time to get a basic grasp of the platform and start purchasing and selling crypto via a network of reliable brokers.

What Does Mass Media Say About Bitcoin Era?

Bitcoin Era is a relatively new platform that didn’t manage to establish a reputation in the mass media.

Like anything that undermines the traditional forms of making money, it has been criticized by some resources. However, there were no significant accusations except for using the CNN video about Bitcoin on the main page. Some believe it was done to mislead the users, while this is a normal practice for many trading platforms to provide the latest data about the best-performing coins.

As for the positive mentions, the service is highly appreciated by GlobeNewsWire and PRNewsWire. Both resources have published some information about how the system works.

What Do Celebrities Say About Bitcoin Era?

Bitcoin Era states on its website that celebrities use its services. In particular, it mentions tech-entrepreneur Elon Musk and iconic British chef Gordon Ramsay. Unfortunately, that’s the only touchpoint between the platform and celebrities we managed to find.

Such a situation is hardly surprising, though. Celebrities may speak about using Bitcoins, but they hardly reveal who their brokers or trading platforms are. There are many reasons for this, including personal privacy. After all, they don’t have to give their secrets away, especially when it comes to such a sensitive issue as finance.

Bitcoin Era Reviews

We have decided to visit TrustPilot and see Bitcoin Era Reviews. Here is what we found:

As you can see, there are many positive reviews. However, there were some not so admiring ones. Here is an example:

“Probably a scam, possibly a pushy trading app” – A user didn’t even try crypto trading on the platform (he admits this in the first sentence). He just saw an advertisement and visited Bitcoin Era website.

Some Tips for Newbies

Your crypto trading debut is certainly a stressful event if you aren’t familiar with the system, with the cryptocurrency trading market, and probably even with coins. To help you adjust successfully, we have prepared a list of tips for crypto beginners:

Practice comes first. Before going live and trading for real money, practice for a couple of days with Bitcoin Era demo account. You will not only familiarize yourself with the platform but also understand the basics of trading.

Expand your knowledge. Even if you decide to auto-trade (i.e., delegate the process to the bot), you still need to understand the basics. Otherwise, how are you going to assess how the software works?

Diversify your portfolio gradually. Don’t rush to buy all the coins at once. You can start with Bitcoin and add altcoins as your portfolio increases later. Not all of them are as profitable as Bitcoin.

Start from the minimum deposit. You may be tempted to invest more and, therefore, gain more. However, the risk of such a move increases significantly if an investor is inexperienced. Gain knowledge, then increase the budget.

Don’t deposit more than you can afford. If you aren’t afraid to lose $5,000, you can always try depositing the whole sum at once. However, most people would want to start with what you can really lose without significant consequences for their financial state.

Bitcoin Era vs. Regular Trading Systems

What about opting for a regular trading system instead of delegating the process to Bitcoin Era? Here is the data for you to consider to choose wisely.

Conclusion

After compiling such a comprehensive Bitcoin Era review, we can say that the platform offers a decent trading experience. First of all, it is backed up by the time-tested technology that used to drive profit for traditional trading. Later on, it performed amazingly on the crypto market and keeps doing so up to this day.

Although the platform is rather new, it has a lot to offer. For example, a user can choose between custom settings for manual trading and auto-trading, managed by the AI-powered bot. Besides, you can always switch between a demo and live account.

Last but not least is outstanding security and transparent payouts. Users don’t need to wait long to have their trading account credited. The withdrawal is also rather fast: typically, it takes less than 24 hours.

With all these in mind, there is no doubt why customers are predominantly positive about the service. We also support their opinion and believe that Bitcoin Era is legit and worth giving a shot.

Glossary

Bitcoin Era Summary

FAQ

What Is Bitcoin Era?

Bitcoin Era is an auto trading platform that offers users AI-powered algorithms to drive profit from trading cryptocurrencies. The software was patented in 2016 by the founder, who had extensive experience in trading. A user can switch between automated and manual trading depending on their personal preferences. Those who are new to the world of crypto coins can start from a demo account that is also available after the registration.

How Safe Is Bitcoin Era?

The trading platform is considered to be a safe service for several reasons. First, the website is protected by encryption that minimizes the risk of data security threats. Secondly, the company deals only with reliable brokers that carry out legal activities in their jurisdiction.

Is Bitcoin Era Legit?

Yes, Bitcoin Era legit. The software that is backed up by fifteen strategies patented in 2016. To prove their credibility, the platform introduced a verification process for every user. Moreover, it adheres to all the data security regulations and stands for transparency.

What are the best crypto trading robots?

The best crypto trading robots are those that have been designed by experienced traders and developers with a deep understanding of the market. These robots offer a variety of features and materials to help users make informed decisions about when to buy or sell their assets. Some popular crypto trading robots include Gekko, Cryptopanic, and Zenbot.

When choosing a crypto trading robot, it is important to consider its accuracy, fees, user-friendliness, and security features. Additionally, it is helpful to read reviews from other users to get a sense of whether the robot is reliable.

How Do You Access Bitcoin Era?

Bitcoin Era can be accessed via any desktop browser or on mobile. Mobile users can also download an application. Currently, it’s available for Android devices only.

How Does Bitcoin Era Work?

Bitcoin Era system relies on a pool of brokers. As soon as the parameters of the trade are set, they are sent to the trader. The specialist executes the deal when they receive the data. The parameters can be set automatically or manually. For an auto-method, it’s a trading robot that decides the entry and exit points, relying on technical analysis.

Can You Make Money with Bitcoin Era?

Yes, you can earn money when trading with Bitcoin Era. The chance of winning is 9/10, meaning every ninth trade wins. The founders claim that the platform generated $500,000 profit for users in 2016-2017.

Who Owns Bitcoin Era?

Little is said about the platform’s owner. According to Bitcoin Era website, the founder used to work on Wall Street, but after the collapse, he decided to develop a trading software. The experiment was successful. Later, he patented the software and applied it to cryptocurrency trading.

Is Bitcoin Era a robot?

Bitcoin Era trading robot helps you trade Bitcoin and other cryptocurrencies. It can be used by both experienced and inexperienced traders, as it provides a lot of features that make it easy to use. In addition, the robot is said to have a high success rate, which makes it an attractive option for those looking to invest in the cryptocurrency market.

What are the best bitcoin trading strategies?

There are many different bitcoin trading strategies that people use. Some people believe in buy and hold, some people use technical analysis, while others use fundamental analysis. There is no one perfect way to trade bitcoin, and each approach has its own risks and rewards.

The best thing for a trader to do is to find a trading strategy that suits their personality and risk tolerance, and stick with it. Bitcoin is a very volatile asset, so it's important to always be aware of the risks involved in trading it, and never invest more than you can afford to lose.

What is the best bitcoin trading platform?

There is no best bitcoin trading platform because different platforms offer different features and benefits. It's important to research the different platforms and compare them to see which one would be the best fit for your individual needs.

Some popular bitcoin trading platforms include Coinbase, Bitstamp, and Kraken. Each of these platforms has its own strengths and weaknesses, so it's important to explore them all and decide which one will work best for you.