BitQT Review in the UK 2023: Scam or Legit?
Bitcoin, Ethereum, EOS, Cardano, XRP, Dogecoin and others.
Only 50 new accounts a day
Types of support:
Free demo account:
Open a FREE demo
BitQT is a cryptocurrency trading robot that promises impressive success. However, we noticed that Internet users are ambivalent about BitQT. So, is this software reliable or not? Let's discover its features and functions together to answer this question.
What we discovered when testing the trading platform:
AI Trading Robot
BTC, ETH, LTC, EOS, BNB and others
User data protection
Yes (AES 256-bit)
What is BitQT?
BitQT is an automated trading platform that is mainly designed for beginners who do not yet have the necessary skills to trade cryptocurrencies. This trading robot performs market analysis, makes decisions and trades for them when activated.
This autonomous work is also beneficial for those who have a busy schedule. However, note that many experienced traders also use this type of software. This trading robot is currently available in a hundred countries around the world.
BitQT Pros & Cons
How Does BitQT Work?
BitQT's role is to replace you in cryptocurrency trading thanks to its special algorithm.
Therefore, it has to go through a broker in order to access the market. This is why you register directly with one of the partner brokers after opening an account on the platform.
When you activate this bot, it begins to analyze the market based on the available data.
It then makes appropriate trading decisions and places orders.
It also makes any necessary adjustments. BitQT's execution speed is on the order of milliseconds, so it doesn't miss a single opportunity.
How To Start Trading With BitQT
Using the BitQT app is not difficult if you follow the instructions provided.
It has a tutorial section and several tutorials to get you started. These tutorials and guides are written in such a way that they are easy to understand for everyone.
BitQT also offers a demo account to help new users practice before they get started.
However, please note that the educational materials and demo are only available to users who register and make a deposit.
To trade through BitQT, traders must first create a free account, which can be registered on the BitQT website. All you need to register is a few personal details such as your name, email address and phone number. The data is verified by sms or email. After registering with BitQT, you will receive a short code, which you will then have to enter on the official BitQT website.
Firstly, this ensures that you have not registered with a wrong cell phone number or a fake email address. BitQT login is also protected from fraud by two-factor authentication, i.e. mandatory entry of a PIN code by SMS or email when logging in.
Once a trader has created a username and password, he can select a broker and make a minimum investment of €250 using a credit or debit card, PayPal, Discover Network or Neteller. Before the trader activates automatic trading and starts to work, he should get acquainted with the program through a demo account and make settings.
In the real account trading room, users can determine which cryptocurrencies the system should trade. It is also advisable to specify the number of transactions occurring simultaneously and select a starting amount for each transaction.
BitQT Key Features
Lightning-fast account registration
Account registration on the platform is fast and easy. New investors who have never traded cryptocurrencies will have no problems with the platform due to its ease of use.
There is a stop loss trading feature that works well when it is enabled. The Stop Loss trading feature is used to prevent losses when cryptocurrency market trends turn negative. It is a smart trading feature that can send signals to an AI-powered trading bot to pause trading when it suspects the market may be heading in a negative direction.
BitQT's withdrawal feature is fast and automated. It does not take long to withdraw your winnings. As a rule, your credit can be paid out within 24 hours.
Many automated cryptocurrency trading platforms restrict withdrawals from the platform to regulate the process. BitQT was found to have no restrictions. The only important note is that the user must inform the BitQT team if there are any changes in their bank details to avoid delays in withdrawals. Withdrawal of funds from BitQT will be completed within 24 hours.
Secure online trading
The BitQT team has informed its users that the platform is secure. There is no chance that cyberattacks or attempts to hack into the system or user accounts could be successful.
However, it is significant to note that your endpoint device must be protected from hacking attacks. Because BitQT can do nothing about this potential security gap. BitQT has been described by many active users as one of the automated cryptocurrency trading platforms that you can use without worrying about hackers or data loss.
As we said before, using BitQT is now completely free for everyone. Indeed, it will still be in the beta testing phase.
However, after this period, license fees will be charged to all new registrants.
In the meantime, the old ones will be able to use the program for free for another 2 years.
Also note that opening an account, deposits, and withdrawals are free.
BitQT Customer Support
Customer support, which can be contacted every day and at any time, will be at your disposal in case you have any questions or suggestions about the trading bot. Agents can be contacted by phone, chat or email.
Is BitQT a Scam?
We have tested the platform and can confirm that BitQT is a reliable provider. The trading bot works flawlessly and is becoming more and more popular due to its ease of use.
BitQT convinces with informative webinars and tutorials. Newcomers can get information on the site and continue learning. The training materials speak volumes about seriousness.
BitQT offers top-notch customer service that doesn't require waiting 24 hours for a response. This is also a sign of professionalism and inspires trust.
Winnings are paid within 24 hours; This is why there are quite a few positive reviews online.
Demo account, which not all trading bots have, also indicates seriousness. BitQT even offers virtual credit of 1500 euros which you can spend in the demo mode and get acquainted with the program functions.
In addition, BitQT works with regulated brokers that the user can even choose from. After registering, you will be connected to the selected broker who will manage the funds and invest them in assets.
Our top robot trading tips for beginners
BitQT operators have a reputation and provide a modern trading robot. They have shown that it is possible to make a profit even with a small investment. Of course, becoming a millionaire overnight is a utopian idea that rarely comes true, but if you follow common sense, BitQT is definitely a profitable platform - even for beginners.
The BitQT homepage can be accessed via the link below or by using the buttons in this article.
We have described the process in detail in the BitQT registration section. Once you click the link, registration works through a form where you enter your desired user details.
We have not been able to find out exactly who the programmer of the BitQT robot is. Because the author seems to want to remain anonymous. However, this is the case with many players of the crypto market, famous for their discretion.
Taxation in BitQT always depends on your personal situation, which is best clarified by your tax advisor. In principle, however, withholding tax is always payable on capital gains.
How we write reviews of Cryptocurrency Trading Platforms
When writing a review about a cryptocurrency trading platform, we consider key factors:
- User interface: navigation and understanding
- Available coins: supported coins
- Fees: Are the trading fees competitive with other platforms?
- Security: Security of use and measures to protect your funds
- Customer support: Is the customer support responsive and helpful?
- Reputation: the platform's reputation in the community
- User Experience: robot to use, any bugs or lags or any other issues we've encountered.
We provide a detailed review of our experience with the platform, including all the pros and cons that we have experienced.
Cryptocurrency trading entails a high risk and is not suited for all investors. You should carefully evaluate your investment objectives, degree of experience, and risk appetite before deciding to trade cryptocurrencies. You should not invest money that you cannot afford to lose because there is a chance that you will lose some or all of your initial investment.
You should be aware of all the dangers connected with cryptocurrency trading and seek counsel from a financial expert who is not affiliated with any cryptocurrency exchange. This website's Bitcoin Era review, opinions, news, research, analysis, pricing, and other information are offered as general market commentary and do not represent investment advice.