Cryptocurrency trading has always spiked enough interest for many people to invest in the industry. However, if not so long ago, such an investment required a lot of skill and time put in the process, these days, the tables turned. To establish a stable passive income, an average user needs a couple of hundred dollars to use as a primary deposit and a trusted vendor to endorse the income.
Bitcoin UP is a relatively recent addition to the cryptocurrency trading field, but it's proved to be worth precise attention. Its automated approach to the industry and detailed strategy has made numerous investors risk, so maybe it'll turn you into a billionaire too. However, before you start, you should value all the odds and consider the downsides, which are well-illustrated in the review. Read on to learn the information others won't share with you!
Pros & cons
- Simple and straightforward layout
- Beginner-friendly trading approach
- Automated and manual trades supported
- Flawless and feeless withdrawal
- Missing data on platform founders
- Only Android mobile application available
Bitcoin UP company overview
Team of expert crypto-traders
Bitcoin, Ethereum, Litecoin, Ripple
Bitcoin UP presents itself as a free crypto trading platform run by an automated algorithm. To put it simply, it's a computerized trading vendor offering users with all levels of experience to take part in crypto trading and potentially profit from it. The team of crypto traders has developed the system to apply all the best trading strategies in the process. What makes Bitcoin UP stand out from the variety of competitors is that it's faster. In reality, 0.01 second doesn't make much difference, but when compared to the ever-changing crypto market, the difference is crucial.
The Bitcoin UP trading algorithm scans the market, gathers all the vital, real-time information, and makes trading decisions on the potential of profiting from every single trade. Since it's so fast, it's comparatively better than most human traders, especially those who have no prior trading experience and background crypto industry knowledge.
Currencies and payment methods
Bitcoin UP software is primarily centered around Bitcoin, but should you be willing to try your luck with other popular digital currencies. You can experiment with the following:
- Bitcoin Cash
Bitcoin UP supports the most popular fiat currencies such as Euros, US dollars, and British pounds. However, the primary deposit and the following ones are stated in US dollars. Some trading vendors limit their payment options due to different reasons, but the Bitcoin UP platform has proved to be accepting payments from:
- American Express
Limits & liquidity
Many trading bots issue some withdrawal daily/weekly/monthly limits, but Bitcoin UP doesn’t belong to the category. Every investor can withdraw the amount they see fit at any time. As long as no issues arise with the trader's identity or payment option, you can easily take what you earn.
Since the matter of limits is brought up, Bitcoin UP belongs to the type of services that care about investors' losses. To ensure that you don’t lose more than you can afford, the platform offers a stop-loss limit feature to use. The feature is designed to ensure that no further trades will occur once the trade goes as low as the loss limit.
Bitcoin UP fees
Bitcoin UP is a free trading platform with an automated trading process. There are no fees deducted for the services provided. However, some broker fees are involved, which aren’t stated on the website since they vary from broker to broker. The users' testimonials have it that all the costs and charges are well-explained by the service and are totally transparent.
Bitcoin UP is among those vendors offering potential investors a chance to trade in a variety of currencies. That’s the ultimate advantage of the platform. However, the ever-changing conversion rate is to be personally observed to spot the currency that offers the highest range of profitability at the moment.
Withdrawal/deposit fees and withdrawal times
Bitcoin UP doesn’t charge a potential investor additionally for withdrawing or depositing their funds. However, depending upon the payment option you chose, the bank may be deducting a set percentage from the sum either deposited or withdrawn. It’s best to discuss the fees with the local banking operator to be on the safe side. Bitcoin UP offers a fast transaction processing that takes about 24 hours despite the payment method you prefer.
Bitcoin UP security
Bitcoin UP is one of the reputable vendors that require a lot of person-identifying and sensitive data to confirm the account holder's identity and rule out any fraudulent activity. However, when such information is provided, every customer wishes it to be safe and secure. Bitcoin UP rules out hacking possibilities by encrypting the data using recent SSL encryption.
Nevertheless, every user should realize the high volatility of the crypto market, which usually involves a lot of risk loss. Bitcoin UP claims on the landing page that your personal information is safe, but the risk of losing the investment is potentially high.
How to create an account with Bitcoin UP platform
To create a personal account with Bitcoin UP, there are few simple but necessary steps to follow.
No user can get involved with the trade until a personal account is created. The moment you visit the vendor's official website, you'll see the form to fill out. The form is simple, and only basic information, such as your name, surname, phone number, and email address are required. After you fill all the fields out, the verification process will take place. Should it turn out to be successful, you'll be sent a confirmation to the provided email, and then you can proceed with the platform.
When you log into the platform, you'll be suggested to fund your account. While the service is free of charge, live trading requires real money to generate profits. As soon as you choose the suitable depositing method and transfer the sum of $250 to your profile, it'll be shown in your account almost instantly. After that, the system will assign you an affiliate broker who'll monitor all the trading processes to rule any misunderstanding or inappropriate actions.
The assigned broker will be the one found the closest to you. Your personal broker will give you a call soon after to take you through the trading process and explain all the functions and questions that you may find interesting.
Another peculiarity that Bitcoin UP shows off is that there’s a demo mode to run. The main aim of such a mode is to give the user a general idea of how all the processes work. The demo test is free, but it’s the closest to real-life trade it can possibly be. Even the seasoned traders use the opportunity to monitor the strategies of the vendor and evaluate their profitability.
Once you’re through with the test mode, you can proceed with the live trade. Bitcoin UP is a simple and straightforward platform, so all the functions and operations are intuitive. But there are some educational materials, as well as tutorials provided to supply an inexperienced user with the best understanding of the process there is.
A live trade can be an automated one, set by default by the vendor, manual – when the trader sets all the parameters, as well as partially manual — when an investor sets such essential options as stop-loss limit and trading pairs. After all the parameters are set, all it takes is to press the 'Auto Trade' button and let the fun begin.
Bitcoin UP alternatives
Bitcoin UP isn’t the only trading platform that offers such a great success rate. Several related trading vendors have been on the market for a while too. You can check Bitcoin Circuit and Bitcoin Code software out! Both are automated trading robots aiming at Bitcoin trades, but the currency types and the vendors' algorithms may differ slightly.
Bitcoin UP primary benefits
The variety of competitors to try your luck with is excellent. Thus, you must be fully aware of the advantages that each enlists.
Ease of use
Bitcoin UP may not be the most innovative-looking vendor of all. However, that doesn’t affect its operation, not in the least. Besides, such a simplified layout guarantees that even users with no trading experience would be able to make their way through the platform and succeed with the process.
Improved return rate
With cryptocurrency trading, it's all about the success rate the vendor can offer. In the case of Bitcoin UP, countless positive reviews state an average return rate of 88%. Thus, if you trade regularly, you can double your primary investment with the platform within the shortest period possible — all due to the fast and precise algorithm developed and implemented by the founders.
Increased trading speed
Even the most professional trader is rarely as fast as the machine is. Not to mention the fact that machine trades are based on pure research and analysis without any emotions involved. Such an emotionless approach combined with increased speed results in greater profits.
Trusted and licensed brokers
When trading with a free automated platform, there’s always some risk of getting used by an untrustworthy broker. All the brokers that Bitcoin UP connects investors with are verified and reliable so that there’s no chance of losing your profit due to the fraudulent actions of a broker.
It's stated right on the website's landing page that the best cybersecurity providers support the platform. McAfee and BitGo, to be more precise. With such trusted security providers watching out for your sensitive data, there’s nothing to worry about.
Bitcoin UP may seem like an automated trading platform similar to a grand variety of others. However, the list of advantages the vendor has to offer will make even a devoted skeptic reconsider his beliefs. Bitcoin UP proves that it's more than possible to make money fast and effortless. All that's needed is a bit of courage to take the risk and program your life for undoubted success, hop on!