Bitcoin System promises to provide traders with a new way to trade Bitcoin. According to the vendor, this platform lets you trade without expert knowledge of the industry. You can trade in multiple cryptocurrencies using this fully automated software.
We don’t know anything about this company’s history or location. The vendor has not provided any contact details on the official website, and to get in touch with the service team, you need to use the contact form. In this Bitcoin System review, we shall try to determine whether this is a reliable trading platform or not.
Bitcoin System Overview
On the official website of Bitcoin System, the vendor has shared the story of how the idea for this platform was conceived. They have explained how to get started with this system and have provided the answers to some commonly asked questions. It is worth mentioning that there is not much explanation available for the features, which is quite odd. Thus, we can tell that Bitcoin System does not have too many high-end features.
To create an account with this service, you need to share your first name, last name, email address, and phone number. The company sends you a confirmation email that you can use to confirm the registration procedure. To get initiated, you need to deposit at least $250. For new members, the vendor recommends starting with a low deposit.
The vendor sets the default parameters but the trader can alter them as needed. Bitcoin System continuously scans the market to seek out trading opportunities. You don’t need to pay any fees to use this platform and it is possible to use it from your private account as well. Since this is a cloud-based platform, you simply need to access the website using any device.
The Idea Behind Bitcoin System
These days, most people want to get invested in cryptocurrencies but they have no idea how to go about it. Many of them think that they need to spend hours analyzing the price shifts in the market and deal with complicated calculations. Bitcoin System aims to make cryptocurrency trading accessible for novice traders through automation.
This is something that you would expect from an automated trading platform. Reputable crypto trading systems are not just trading tools. They have a greater objective they plan to work towards, and this allows them to provide the best service to their customers. Bitcoin System doesn’t have any kind of motto or long-term objective, which is quite disappointing.
The vendor has not shared any information on the team members for Bitcoin System. This is unacceptable since it is important to know whether the system is handled by people who have the required technical knowledge and experience. We don’t have any information related to the founders of the company or their history, which makes it difficult for us to place our trust in this platform.
Safety of Bitcoin System and the Network
On the official website, the vendor does not reveal any details about the security features of Bitcoin System. Crypto trading platforms usually have advanced safety measures to protect the funds and personal data of the traders. It seems that the Bitcoin System lacks some of these features, which makes it a risky platform to trade with.
In the “About Us” section, the vendor has shared the story of how their brother told them about building an automated trading software for cryptocurrency. After this, they reportedly hired investors and a legal team to determine the signals they were going to use. It is stated that within a month, they had built the software and the website. Now, this story does not seem believable to us, since it is quite difficult to do all of this in just one month.
There are several customer reviews for Bitcoin System on the Trustpilot website. Here. The users have praised the system’s performance, claiming that it helped them establish an additional income source.
Is Bitcoin System a Legit Investment Service?
Our VerdictOur Verdict
- Low starting deposit
- Lack of vendor transparency
- Advanced security features missing
- No information on team members