BitQT claims to let traders make profits from the moment they sign up. According to the vendor, it can generate a large amount of wealth in a short period of time. Since there are many vendors making these kinds of promises, we need to assess the reliability of the system independently.
The headquarters of BitQT is located in London, United Kingdom. On the official website, we have the company’s email address and Skype ID. The seller has also shared the links for multiple social media accounts on the official website, but none of these links work. Upon clicking them, we are redirected to the website itself.
On the official website, the vendor focuses on the profit-making capability of the system. We have a list showing the profits made by different users while trading different assets. However, there is no way to determine whether these are actual people. There is a list of features, along with customer testimonials and FAQs. The vendor has also shared a brief review of the platform, although it is not from a trusted third-party source.
As per vendor claims, BitQT lets you earn a maximum of $1250 daily using a small deposit of $250. Since this is a 100% automated system, the user only needs to open a trading account and support it with funds. To set up the account, you can use the trading guide. The process takes around 20 minutes to complete, after which BitQT starts trading automatically.
BitQT has apps for iOS and Android using which you can trade while travelling. You can download them from the website itself without paying any extra fees. The company offers 24/7 customer service and traders can seek immediate assistance via email, live chat, and phone. You also have the option of using the call-back feature, where a company representative gets in touch with you in 5 hours.
Since beta testing is still ongoing for this software, you can use it for free. According to the seller, they will assign a fee for the license after the testing period is over. By signing up during the testing phase, traders can use the system for the next couple of years without any extra cost.
The Idea Behind BitQT
BitQT aims to make cryptocurrency trading available and affordable for all traders, including beginners. It offers educational resources for novice traders to get the hang of crypto trading. But unlike many other trading platforms, it doesn’t have a motto or a goal. The vendor stresses the money-making potential of the system but does not mention anything about what the company is working towards.
The Core Team
On the official website, we don’t have any information available on the team members working for BitQT. Seasoned crypto traders always look for investment services that maintain transparency. A company that reveals the details of its team members has nothing to hide, and a trader certainly feels more confident to invest in a system that is built and managed by experienced professionals. The lack of information in this department is a major red flag.
Safety of BitQT and the Network
BitQT uses encryption technology and has a cyber-security team on standby to deal with security issues. But these are basic measures that are taken by any crypto investment service. As per our understanding, this platform lacks some of the high-end security features available with other systems. Thus, traders might not feel too confident about using it for live trading.
Before you use this platform for real-time trading, the vendor recommends using the demo version. This demo includes a video that explains all the main functionalities of BitQT. It is advisable that you demo trade for a minimum of 40 minutes before jumping into live trading.
On the Trustpilot website, there are several user reviews on BitQT. Here, multiple users have claimed that this is a fake company running a scam. One user has complained that the company linked them to unknown third-party apps. There are also accusations that the company spam calls the traders.
Is BitQT a Legit Investment Service?
Our VerdictOur Verdict
- Free service
- 24/7 support
- Lack of vendor transparency
- Negative customer reviews
- Lack of advanced security features