Exhaustive Bitcoin Revolution Review: Legit or a Scam?
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These days, many people are looking for additional income streams. Unfortunately, some projects and jobs yield too little income but require lots of effort. With our focus on trading cryptocurrencies, we want to highlight platforms and services that can help people earn daily profits.
A quick online search will reveal many websites that claim to bring substantial profits from trading crypto. But certain unregulated brokers promise too much while delivering too little. We want to verify whether you can actually trust what they say.In this review, we’ll be looking at Bitcoin Revolution. Their trading software is said to have up to a 99.4% accuracy rate. Read on to learn if these claims could be backed up.
What Is Bitcoin Revolution?
Bitcoin Revolution is a live trading platform with automated trading functionality. The platform is fairly new - it was launched in 2017. Over the last few years, it has managed to build a good reputation, although some hurdles were faced along the way.
This solution aims to meet the growing investor need for simplified crypto trading. With the Bitcoin Revolution bot, users get the opportunity to enter the market with a very basic understanding of crypto. While a human takes hours or even days to analyze signals and find potentially profitable positions, a bot can do so in just a few moments. Moreover, it might end up generating higher returns.
The Bitcoin Revolution bot speculates on crypto market movements through CFDs. This approach isn’t new - CFDs on stocks have been traded on Wall Street for many years. Only this time, Bitcoin Revolution automates the process.
History and Notable Dates
There is no exact information on who founded the platform. The website mentions that the team consists of investment bankers and computer mathematicians with years of experience working for leading Wall Street institutional investors. They decided to take their knowledge and create cryptocurrency trading software enabled with an all-time winning algorithm.
Here is how the platform developed over the years:
Now the website features a trading guide and an option to open a demo account. The first allows you to get familiar with trading terms and strategies. The second allows you to practice in a safe environment without risking your money.
How Does Bitcoin Revolution Work?
Bitcoin Revolution uses artificial intelligence and machine learning. Based on these technologies, the crypto bot processes fundamental and technical data to determine optimal times to enter trades. They have the ability to open or close trades on behalf of the trader. That said, they don’t roam free. Instead, they use the predefined parameters of the user’s choosing.
The Bitcoin Revolution trading algorithm is advertised to not only react to price movements but also predict them. According to the team, the bot can stay 0.01 seconds ahead of the market. This is due to the immense amounts of data it gathers across the Internet during market analysis.
The platform is partnered with cryptocurrency brokers by way of an API. With Virtual Private Servers (VPS), the trading signals are sent to the broker, and a particular asset is bought or sold.
In addition to automatic algorithms, users can also opt for manual trading. If you feel ready and experienced enough to manage manual trades, you can start customizing all the elements of trading. You can specify trading indicators, set stop loss, indicate daily limits, and more. Based on these particular parameters, the bot can manage assets without human intervention.
Is Bitcoin Revolution Legit?
With the rise of scammy services, many people are worried about the safety of their funds. Because of it, there are some unpleasant remarks circulating the Internet. For example, some publications are talking about the Bitcoin revolution scam, but we’re here to shine a light on it.
Bitcoin Revolution is a registered brand with the necessary licenses. The bot works as advertised, and there haven’t been any cases of the bot malfunctioning. According to the development team, they were inspired by modern macroeconomic trading models. Those allowed the developers to build their own predictive models to anticipate movements in the short term.
Additionally, we need to talk about the service’s security. Scams aren’t the only thing that might be damaging to traders. Malicious activity must also be considered. Based on our research, Bitcoin Revolution wasn’t exposed to any hacker attacks. Granted, the platform was taken down for some time in 2017, but it’s unclear whether attacks had anything to do with it.
An important reminder: cryptocurrency trading always comes with a degree of risk. It doesn’t mean that it might turn out to be fraudulent. It simply means that you need to be prepared for occasional losses. The crypto market is very volatile and hard to predict. So, there will inevitably be some unprofitable trades that have nothing to do with the platform’s legitimacy.
Advantages and Disadvantages of Bitcoin Revolution
Can you successfully automate your trading activity with Bitcoin Revolution? For your convenience, we’ve listed the pros and cons in the table below.
Bitcoin Revolution’s Main Features
Most trading platforms have similar features. This is unsurprising since you need roughly the same functionality to facilitate crypto trading. But Bitcoin Revolution wanted to put its own twist on each feature.
Fully Automated Trading Bot
The service’s biggest selling point is that they offer full automation. This platform carries out operations directly and automatically through online brokers, even if you're not behind your computer. The team has worked hard to develop its algorithms so that investors won’t need to worry about trading errors.
Once the bot is set up and ready to go, it needs practically no supervision or assistance. It’s up to individual traders whether they monitor it and how often. At first, if you want to be entirely sure of the bot’s effectiveness, visit the terminal to see all open positions. If something isn’t working, consider tweaking the settings. Other than that, it can operate on its own.
Customizable Trade Settings
Like we’ve mentioned, you aren’t subject to only one way of trading. There are strategies that are used most often. But as you learn more about trading, you start seeing where they can be adjusted and improved.
Here are the tabs where you can make changes:
Essentially, you don’t pay anything to use the platform. The registration is free, and later on, you don’t need to pay for account maintenance either. All the funds sent to your account are ready to be used directly on trading.
What the service profits from is a cut from your profits. While it’s an important point to keep in mind, a 2% fee is a fairly reasonable requirement.
Variety of Coins
Despite the name, Bitcoin Revolution doesn’t only focus on BTC. In fact, the following cryptocurrencies are all supported on the platform:
Additionally, the service enables trading in currency pairs with BTC, EUR, and CHF.
Several Payment Methods
As for payments, there is also some variety. Funding your account with the platform includes several methods, such as:
If you’re new to the platform, a demo account is a great place to start. Try out the strategies you’re interested in without using real money. The strategies are tested on real trading conditions to get prepared for the actual thing.
A demo account grants you $1,500 in virtual funds. Choose the right settings and click Auto Trade to launch the bot. Take a peek at how it’s working and make the final decision if you want to continue.
Profitability of the Bitcoin Revolution Platform
Is Bitcoin Revolution real in terms of profits it generates? To start off, we should mention that a daily profit from the crypto market can be life-changing. However, there are no guarantees that a trading bot can help you achieve that. Regardless of the claims, there is never a 100% certainty in both automated and manual trading activities.
The promise of a large payout shouldn’t be the only driving force in the choice of a trading bot. Potential investors should manage their expectations, even considering the advertised >90% success rate of the bot.
One thing to consider about the platform’s intentions and potential profitability is that they earn a cut of successful trades. Bitcoin Revolution takes a 2% commission from the profit that their users make.
This proves that the platform is directly interested in users making profits. The more advanced their bot becomes, the more money users will make. Subsequently, the more prosperous the platform becomes.
Judging from real users’ accounts, weekly earnings can sometimes exceed $1,000. It doesn’t happen for every trader, but it is a possibility.
How to Trade with Bitcoin Revolution
Below we will describe how to get started on BTC Revolution as a new user. As you will soon see, the process is clear and gets you straight to the trading experience.
Step 1 – Register
Go to the website, and on the right side of the screen, you will see a registration form. You will need to fill in your first and last name, email, and telephone.
Please provide accurate details to avoid potential issues later during verification. After clicking “Register Now”, your information will be verified by the system, almost instantaneously, to confirm the validity of what you’ve provided.
Once you have a registered account, log in with your credentials, and you’ll be transferred to a new page.
Step 2 – Practice on a Demo Account
Inside the Member’s Area, you will see tables of information on open trades, trading history, and a few other essentials. But before you proceed to live trading, it’s useful to explore the demo mode. All features are available for demo traders, so you’re not sacrificing anything.
Demo trading is the best way to understand the basics as a beginner. You get a chance to place trades in real market conditions but without exposing yourself to risks.
Sure, demo trading doesn’t offer any profits in return, but it’s an invaluable experience to get familiar with new interface and strategies.
Step 3 – Make a Deposit to Start Live Trading
Finally, you’re ready to activate your account and get to the real thing. If you’re in demo, on the left section of the screen, you will see “Go to Live”. If you’re in live trading mode, it will say “Go to Demo”.
When you switch to live trading, you will see a green button “Deposit”. Click it to make your first deposit ($250 or more). Once the funds are added to your account, you can place trades on the crypto market and, hopefully, see satisfying results!
Bitcoin Revolution on TV and in Media
During the 2017-2018 crypto boom, there were some rumors about Bitcoin Revolution. For example, some said that the tool was featured in popular TV shows. Let’s see whether any of them are true.
Shark Tank was one of the shows that reportedly had Bitcoin Revolution in one of the episodes. In reality, it’s not the case. The rumor was probably started by a few users who invested recklessly and wanted to take their form of vengeance.
At some point, people believed that Bitcoin Revolution appeared on the UK version of the show, Dragon’s Den. However, the British “sharks” haven’t made any investments in the project. If you come across screenshots from the program, don’t be fooled by them - they’re fake.
Another British show, This Morning, also reportedly had associations with the software. This may be linked to the fact that the hosts, Philip Schofield and Holly Willoughby, were featured in an online ad. Similar to the other shows, these images were most likely photoshopped by some bored online users. So far, we haven’t seen any confirmations that Bitcoin Revolution was on the show.
Does Bitcoin Revolution Have Celebrity Endorsements?
There are stories circulating the Internet about Bitcoin Revolution and its celebrity endorsements. The promo video paints a very pleasant picture - Virgin Group founder Richard Branson, Microsoft founder Bill Gates, Google’s Eric Schmidt, and Virgin Galactic chairman Chamath Palihapitiya all reportedly endorsed Bitcoin Revolution. But we can’t say with certainty that they actually stand behind the project.
Anyway, it’s common for celebrities to share their favorite crypto. Taking into account the growing interest in digital currencies and trading activities, we may see more and more endorsements in the future. With this particular robot’s efficiency, it won’t be surprising if some celebrities start sharing their affiliation with Bitcoin Revolution.
What Do Real Users Think?
There is a good mix of both positive and negative reviews about Bitcoin Revolution. This is actually a good thing. It would be suspicious if the service only had positive comments. A few negative testimonials here and there show that the platform is used by real people that can’t possibly have one shared opinion.
Positive ReviewsOn TrustPilot, we’ve found the following reviews:
“Happy with the service provided.”
This user found the platform easier to work with compared to similar ones. They appreciated the interface layout that had just the right amount of details. They also found customer support to be helpful and patient.
This user noted that payments were fast. It didn’t take long to see BTC accumulating in their account. They are praising this broker for reliability.
“Thank you very much.”
Although they haven’t used the platform very often, this user still found it effective. Since everything went well, they promised to come back to make more trading transactions.
“Worth trying out!”
This user was surprised by the fact that you could make money without making manual trades. The bot was consistently entering profitable trades for months. Over the period of trading, their account was topped up with some generous gains.
Is Bitcoin Revolution a scam? At least one person thinks so. Although we’ve verified that the service doesn’t engage in fraudulent activity, it’s important to also consider reviews from unsatisfied customers.
“Works okay, just don't expect too much.”
They were aware of the mixed reviews and press coverage. They didn’t make a fortune but still shared that there is a possibility to capitalize very nicely. The fact the trading software runs on autopilot makes up for the negatives.
“I am a victim.”
This is by far the most negative review that we’ve come across. The user claims that the website showed errors during deposits and transactions and that it was troublesome to withdraw funds. Still, it’s unclear whether these claims are actually true.
Tips and Tricks for Beginner TradersWe understand that the crypto world might be intimidating. If you’re just starting out with this activity, there is a lot to learn. We wanted to share our suggestions on making the journey as smooth as possible. Bear in mind that it’s just a fraction of the knowledge that you need to possess.
Bitcoin Revolution vs. Regular Trading Systems
Let’s compare the Bitcoin Revolution bots to the traditional trading format.
Regular Trading System
A user can opt for either manual or auto trading
Only manual trading
100%: Beginners can practice with a demo account. Moreover, they can get help from the customer support
Depends on the platform. Typically, a user should be competent enough to trade crypto on his own
According to some data, it’s above 99%
The profitability of the deal depends on the trader’s skills and knowledge
Available 24/7. Can provide advisory services
Depends on the platform. Typically, it aids in solving technical issues only
Supports the major cryptocurrencies (Bitcoin, Litecoin, Ripple, Ethereum, Bitcoin Cash, etc.)
Depends on the platform: some are limited to a couple of cryptos, while others support all.
Available for all registered and verified users
May not exist on the majority of platforms.
This concludes our Bitcoin revolution review, and here is what we’ve learned. The Bitcoin Revolution website is a legitimate service. They have a competitive edge due to their bot with just the right amount of complexity and its systematized features. This suggests that you can actually earn money by using it. But nothing is guaranteed.
However, they did go overboard with their marketing tactics. Perhaps they aren’t responsible for TV show appearance rumors, but their promotional videos and online ads are still somewhat questionable.
Additionally, the reviews aren’t all positive. Even more, there are a few particularly enraged customers that we can’t ignore.
You’re free to try Bitcoin Revolution out anyway, but we can’t fully endorse the service. What we can recommend instead are several unquestionably trustworthy platforms that we stand behind.
To conclude this Bitcoin revolution review, let’s look at several common questions about the service.
What Is Bitcoin Revolution?
Bitcoin Revolution is an automated trading platform that allows users to make profits from cryptocurrency trading without effort. The platform aims to simplify the process of trading to make it accessible for people who are looking for an additional source of income.
How Does Bitcoin Revolution Work?
The trading system uses bots running on smart algorithms that detect potentially profitable positions. The system places trades on the user’s behalf. This means the account holder doesn’t need to constantly monitor the markets or have specialized trading knowledge.
How Is Bitcoin Revolution Different From Other Trading Bots?
Bitcoin Revolution boasts an impressive success score. Although it’s not perfect, it’s certainly better than most platforms. If you’re not sure whether the platform suits you, you can start with a demo account to verify its transparency and test the bot’s profitability. As a bonus, investors can look up tips and recommendations from seasoned specialists.
Who Is Behind Bitcoin Revolution?
Unfortunately, the names of the CEO and the team behind the project aren’t publicly available. The only thing the official website mentions on this topic is that their team consists of highly motivated individuals with a unique skill set. But it’s unclear who actually owns or operates the platform.
How Much Do You Need to Use Bitcoin Revolution?
You can start trading on the platform by making a $250 deposit. This unlocks the full functionality of the Bitcoin Revolution. The highest possible deposit is $15,000.
Do You Need Special Skills to Trade with Bitcoin Revolution?
You don’t need any trading skills to join the platform. In fact, this is the exact reason the platform was created - to give newbies a chance to participate in cryptocurrency markets. The bot is fully automated. It is both a pro and a con - you need to rely on the bot and trust it to handle your funds and assets correctly.
Is Bitcoin Revolution a Con?
No. Bitcoin Revolution isn’t a scam, and there are plenty of successful user stories. However, we need to mention that it won’t work for everyone. Perhaps you should look into other platforms that we can fully stand behind.