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Bitcoin Smarter Review: Is It A Legit Crypto Trading Platform In Germany, Austria, Switzerland, Netherlands & UK? Unbiased Investigation Inside!

Cryptocurrency trading has become increasingly popular over the past few years, with investors looking to capitalize on the volatility of digital assets like Bitcoin and Ethereum. However, navigating the crypto markets can be complex for novice traders.

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Bitcoin Smarter Review
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This is where trading bots like Bitcoin Smarter come in. Bitcoin Smarter is an automated trading platform that leverages artificial intelligence (AI) to analyze market data and execute trades on your behalf.

But is Bitcoin Smarter a legit and profitable trading bot? Or is it just another overhyped product in the crowded world of crypto trading tools?

In this comprehensive review, we will take an in-depth look at how Bitcoin Smarter works, its features, claimed accuracy rate, and ease of use. We'll also discuss potential risks and provide tips for getting started with the platform.

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Here are some of the key questions we'll answer:

  • How does Bitcoin Smarter work?
  • What are the main features and tools offered by the platform?
  • Is Bitcoin Smarter easy to use for beginners?
  • What cryptocurrencies can you trade with Bitcoin Smarter?
  • Is the trading platform legitimate and secure?
  • What is Bitcoin Smarter's claimed accuracy rate?
  • What are the potential risks associated with automated trading bots?
  • Is Bitcoin Smarter the right choice compared to other crypto bots?

By the end of this detailed review, you'll have all the information you need to determine if Bitcoin Smarter is the right automated crypto trading tool for your needs.

Bitcoin Smarter At A Glance

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Platform Type

Automated cryptocurrency trading bot

Main Features

AI-powered trading algorithms, automated & manual trading modes, demo accounts, customizable settings, mobile apps, and copy trading

Cryptocurrencies Supported

Bitcoin, Ethereum, Litecoin, Ripple, Binance Coin, Cardano, Dogecoin + many more

Claimed Accuracy Rate

88-95% per day

Getting Started

Sign up, connect broker account, fund account, customize settings, enable automated trading

Pricing

Free to use. Only trading fees charged by connected brokers

Security

256-bit SSL encrypted, regulated brokers handle funds

Ease of Use

Intuitive dashboard, Beginner-friendly, Demo account for practice

Customer Support

24/7 live chat, email, and phone support

Advantages

Automated trading, wide coin support, high accuracy claimed, easy to use

Ideal For

Traders seeking hands-off automated trading, access to advanced trading algorithms

Understanding How Bitcoin Smarter Works

Bitcoin Smarter utilizes advanced AI algorithms to analyze historical and current market data. It identifies potentially profitable trading opportunities based on detected patterns and market trends.

The trading bot then automatically executes buy and sell orders on your connected exchange account to capitalize on these opportunities. This takes the stress and effort out of manually analyzing charts and entering orders.

According to the Bitcoin Smarter website, the trading algorithms are 0.01 seconds ahead of the markets. This gives it an edge in detecting patterns and entering/exiting trades faster than human traders.

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Some of the technical analysis techniques used by Bitcoin Smarter's algorithms include:

  • Volume analysis: analyzing trading volumes to identify increasing or decreasing momentum.
  • Chart pattern recognition: identifying patterns like heads and shoulders, triangles, flags etc. that could indicate potential trend reversals or continuations.
  • Indicators: using indicators like moving averages, RSI, stochastics etc. to determine overbought/oversold conditions.
  • Trend analysis: detecting overall market trends for major cryptocurrencies.

In addition to automating trades, Bitcoin Smarter also sends real-time trading alerts via SMS, email or push notifications. These alerts allow you to monitor trading activity and close trades manually if desired.

Key Features and Tools of Bitcoin Smarter

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Let's look at some of the standout features that Bitcoin Smarter offers:

  • Automated mode - This is Bitcoin Smarter's main feature, which enables fully automated trading based on its algorithms and AI models. You simply allow the bot to execute trades on your connected exchange account.
  • Manual trading mode - If you prefer being more involved, you can switch to manual mode. This allows you to have greater control over your trades by closing or opening deals at your discretion.
  • Demo account - The platform offers a demo trading feature that mimics real market conditions. This allows you to test and adjust your settings risk-free before live trading.
  • Customizable settings - You can customize Bitcoin Smarter's automated trading parameters like assets traded, amounts per trade, take profit/stop loss levels, max concurrent trades etc.
  • Risk score - Bitcoin Smarter provides a risk score for your portfolio based on its algorithms. This helps you adjust risk exposures.
  • Copy trading - Allows you to copy trades from other experienced users on the platform. Useful for beginners learning the ropes.
  • Mobile app - Trade on the go with Bitcoin Smarter's iOS and Android mobile apps. Monitor your portfolio and enable trading alerts.
  • 24/7 customer support - Get your questions answered and issues resolved any time with Bitcoin Smarter's round the clock live chat and email support.
  • Secured trading - The platform uses industry-standard SSL encryption and secures user data on secure cloud servers to guarantee safety of funds and personal information.
  • No hidden fees - Bitcoin Smarter is free to use and does not charge any trading commissions or monthly subscription fees. You only pay trading fees charged by your connected broker.

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Overall, Bitcoin Smarter provides a good range of features that enhance the automated trading experience for both novice and experienced crypto traders.

Experience Bitcoin Smarter's Powerful Features Yourself -

Is Bitcoin Smarter Easy to Use for Beginners?

One of the major advantages of Bitcoin Smarter is its simplicity. The platform is designed to be intuitive even for someone who has never traded cryptocurrencies before.

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Here are some examples of how Bitcoin Smarter simplifies the trading process:

  • Straightforward account setup - Registering an account with Bitcoin Smarter takes just minutes. You simply fill out a registration form with your basic info like name, email etc. and you're ready to trade.
  • User-friendly dashboard - The dashboard provides clear metrics on your portfolio performance, open trades, trading history, connected broker account and more. Important data is easily accessible.
  • Pre-defined trading strategies - You don't need complex technical knowledge to use Bitcoin Smarter. The platform comes loaded with pre-optimized trading strategies crafted by its algorithms.
  • Automated mode - As mentioned earlier, turning on automated mode allows Bitcoin Smarter to automatically handle trading activity based on its strategies. Little input is needed from you
  • Demo account - The demo feature lets you trial Bitcoin Smarter's automated trading in a safe, test environment. It helps you learn the ropes risk-free.
  • Detailed trading guide - Their website provides an extensive trading guide explaining everything from account creation to making withdrawals in easy-to-understand language.
  • Responsive customer support - Bitcoin Smarter's customer service team assists you quickly if you need help via live chat, email and phone support.

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For crypto trading newcomers, Bitcoin Smarter offers an easy pathway to get started thanks to its intuitiveness. Of course, you still need to do your due diligence before committing real capital.

Cryptocurrencies Supported by Bitcoin Smarter

Bitcoin Smarter allows you to trade a wide variety of top cryptocurrencies and digital coins.

These include:

  • Major coins like Bitcoin, Ethereum, Litecoin, Bitcoin Cash and Ripple.
  • Large cap altcoins such as Binance Coin, Cardano and Polkadot.
  • DeFi tokens including Uniswap, Chainlink and Aave.
  • Metaverse and gaming cryptos like Decentraland, The Sandbox, and Axie Infinity.
  • Additional altcoins such as Dogecoin, Shiba Inu, Polygon etc.

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With Bitcoin Smarter, you can trade these cryptocurrencies against the US Dollar as well major stablecoins like USDT, USDC, BUSD etc.

The platform aggregates liquidity from multiple exchanges to ensure you get the best prices across markets when trading these digital assets.

The altcoin diversity gives you more opportunities to capitalize on the most potentially profitable trends across the expanding crypto space.

Is Bitcoin Smarter Legitimate and Secure?

As cryptocurrency trading has grown, so have the scams related to it. This makes it crucial to ascertain the legitimacy and security of any crypto trading platform before using it.

Here are a few reasons why Bitcoin Smarter checks out as a legitimate automated trading solution:

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  • Established platform - Bitcoin Smarter has been operational since 2019 and already has active users in over 100 countries according to its website.
  • Regulated brokers - The platform partners only with regulated brokers (regulated in their respective countries) to manage users' funds safely. These include XTB, FXOpen and Axi.
  • SSL encrypted - User data on Bitcoin Smarter is encrypted using 256-bit SSL technology to prevent hacking attempts and keep information private.
  • Safe fund management - Users must deposit funds into their brokerage account, not directly to Bitcoin Smarter. Regulated brokers have strong fund security policies.
  • Withdrawal transparency - Bitcoin Smarter facilitates withdrawals in 24-48 hours provided required broker account and identity verifications are complete. Quicker than many auto trading platforms.
  • Positive user feedback - Online reviews of actual users highlight smooth onboarding, withdrawals and Trading experience. This enhances credibility.
  • Responsive team - Bitcoin Smarter's customer support team promptly answers queries and resolves issues which breeds trust.

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While risks exist when using any crypto platform, key security features implemented by Bitcoin Smarter ticks the boxes for being a legitimate and safe automated trading solution.

What is Bitcoin Smarter's Claimed Accuracy Rate?

According to the information on its website, Bitcoin Smarter provides an average daily accuracy rate between 88% and 95% based on backtested and live trading data.

This means users can expect approximately 9 out of 10 trades made on Bitcoin Smarter to generate profit through the platform's algorithmic trading and machine learning capabilities.

However, promises of unusually high accuracy rates should be taken with a grain of salt. Crypto markets tend to be highly volatile, making massive winning trade rates consistently difficult.

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Realistically, an accuracy rate between 70% to 85% would be considered good for automated crypto trading tools. Bitcoin Smarter's claimed 88-95% rate exceeds this benchmark.

But there is no guarantee that every user will achieve this level of accuracy. Individual results can vary depending on risk settings and market conditions.

Maintaining discipline by starting small, following risk management rules and monitoring performance are advised if using Bitcoin Smarter. This can help achieve consistently profitable results.

Potential Risks to Consider

While Bitcoin Smarter's automated trading algorithms open new opportunities, automated crypto trading does entail some inherent risks to be aware of. Some key risks include:

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  • Technical failures - Software crashes, internet outages and other technical mishaps could lead to bot downtime and missed trading opportunities during market volatility.
  • Incorrect settings - Entering the wrong parameters and rules could cause the bot to make losing trades on your account.
  • Market volatility - Cryptocurrencies are among the most volatile markets. Rapid price swings can lead to large unexpected losses.
  • Removing human oversight - Fully automating trades means less direct human insight into your positions and portfolio performance.

The key is being prudent about trade sizes, using stop losses, choosing regulated brokers, being hands on and not treating automated trading like a set-and-forget money making solution.

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Education, risk management, updated algorithms and proper platform vetting are essential to succeeding with crypto trading bots like Bitcoin Smarter.

Getting Started with Bitcoin Smarter: A Step-by-Step Walkthrough

If you decide that Bitcoin Smarter's algorithmic trading capabilities could work for you, here is a quick step-by-step guide to getting started:

Step 1 - Visit Bitcoin Smarter's website and click "Register" to create your account by entering your name, email ID, phone number, and password.

Step 2 - You will need to deposit funds into your broker's account to begin trading. Bitcoin Smarter's dashboard shows recommended brokers in your country that you can seamlessly integrate.

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Step 3 - Once your broker account is funded, you can link it to your Bitcoin Smarter dashboard and start using either the demo mode or live site to trade.

Step 4 - Customize any trading parameters according to your preferences like assets to focus on, amounts to invest per trade, take profit targets etc. Use the demo mode to trial different settings.

Step 5 - When you're ready, turn on the automated trading function and Bitcoin Smarter will begin executing trades automatically based on your settings and market conditions.

Step 6 - Monitor any open trades in real-time on your dashboard. You can also enable trading alerts via SMS or email for closer oversight.

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Remember to start small and take time to learn system nuances at your own pace. Bitcoin Smarter's customer service team is available 24/7 if you need any assistance getting set up or managing your account.

Ready to Automate Your Crypto Trading? Get Your Account Set Up in Minutes Here!

Is Bitcoin Smarter Right for You?

Here are a few key factors to consider when deciding if Bitcoin Smarter is the right automated crypto trading tool for your specific needs:

  • Your experience level with cryptocurrency investing and crypto markets
  • Your tolerance for risk, keeping the volatility of crypto markets in mind
  • Your need for hands-on trading versus fully automated trading
  • The level of technical complexity you are comfortable managing
  • Your capacity to monitor account performance consistently
  • Your budget for trading fees charged by integrated brokers

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For newer investors, Bitcoin Smarter's demo account provides an opportunity to learn the platform's functionality risk-free before putting real capital at stake.

Overall, Bitcoin Smarter is suitable for traders seeking access to automated trading strategies generated by advanced AI, provided you take a measured approach to risk management.

The Bottom Line - An Automated Trading Tool Worth Considering

By leveraging AI and machine learning for automated trading, Bitcoin Smarter provides an accessible gateway to algorithmic crypto trading - an emerging trend in digital asset markets.

Its wide range of tradable coins, high claimed accuracy rate, intuitive interface and smooth onboarding process from sign up to live trading make it appealing for both novice and seasoned traders.

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However, as with any crypto investment platform, being aware of the risks like volatility and proper account security, starting small and avoiding going "all-in" remain prudent.

For most traders willing to implement commonsense risk management practices, incorporate human oversight and learn the platform's nuances over time, Bitcoin Smarter presents a powerful automated trading solution worth considering.

Disclaimer: The above is a sponsored post, the views expressed are those of the sponsor/author and do not represent the stand and views of Outlook Editorial.

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