Many people are buying cryptocurrencies primarily for investment with the sole objective to quickly make more money. Although there are hundreds of cryptocurrencies, Bitcoin, the first cryptocurrency conceived by Satoshi Nakamoto, dominates the cryptocurrency market. Furthermore, the high volatility of the cryptocurrencies, on the whole, presents greater opportunities to make money by investing or trading in bitcoins and other cryptos.
One can make money via bitcoins either by trading them or by speculating on its value. For the latter, the speculator may or may not own the cryptocurrency. And, generating income by speculating on the value of the cryptocurrency token is how CFDs work. However, for trading in bitcoins, the trader must own the crypto. Trading bitcoins or another cryptocurrency involves buying the crypto at a lower price and selling it for a higher price. It involves carefully monitoring the financial markets for suitable trading signals.
What Makes Bitcoins a Popular Trading Asset?
Cryptocurrencies are recognized as an independent asset class today. Although many countries are yet to recognize the viability as digital currencies, the cryptos and particularly bitcoins are widely recognized for their high volatility and liquidity.
In fact, the price of Bitcoins rose during October 2017, valued at $5000, and this doubled in value at $10,000 in November during the same year. The price of bitcoins reached an all-time high of close to $20,000 in December 2017. While this may be true, soon after the following year, the price of bitcoins rapidly fell to below $7,000 in April and recorded a low at $3,500 in November that year. However, the value of bitcoins recovered by the year 2019, where it reached $10,000. During March of 2020, owing to the COVID-19 crisis, the cryptocurrency market crashed hitting a low at $5,000. However, the price recovered by the end of July in 2020 where it was valued around $10,000.
The above instances reaffirm the price fluctuations of the cryptocurrency market, making digital currencies highly volatile digital assets. The rapidly fluctuating price movements, thus, provide a lot of scope for making money via buying and selling of bitcoins at the right time.
Introduction to Bitcoin Circuit
Bitcoin Circuit facilitates Bitcoin trading, it is an all-inclusive trading application or software specifically tailored for the cryptocurrency market. Furthermore, Bitcoin Circuit is backed by a powerful algorithm, which can access and analyze a myriad of financial markets. The objective of the trading software here is to narrow down lucrative trading indicators.
Bitcoin Circuits picks out profitable trading windows by evaluating a confluence of historical and new market data. As a result, the Circuit trading system provides 99% accuracy and a very high success rate. In fact, it is quite easy to use Bitcoin Circuit for generating passive incomes; because the software provides a time leap advantage of 0.01 seconds. And, in trading, the time difference implies the benefit of executing the trade before the rest of the world.
Other than trading cryptocurrency, Bitcoin Circuit also features CFDs options for traders. Using this option, the cryptocurrency traders can make money with Bitcoin Circuit by simply speculating the price movements of the digital currencies in the cryptocurrency market.
Simply put, bitcoin CFD allows traders to take the complete advantage of the risks and merits associated with bitcoins, but without owning the tokens. That is to say, the investor doesn’t have to buy or sell bitcoins.
Moreover, individuals holding bitcoins can also benefit from short selling CFD trades where they can offset their losses. CFD trades are especially beneficial when the trading conditions are not favorable or whenever the price of the crypto moves down. And, most importantly, Bitcoin Circuit is extremely suitable for aspiring traders with no prior experience or trading skills.
All About Bitcoin Trading
Before moving ahead with this Bitcoin Circuit review, let’s understand what Bitcoin trading truly entails. In a nutshell, Bitcoin trading is buying bitcoins for a lower price, but selling them for a much higher price. It differs from Bitcoin investments because unlike trading, investing in bitcoins or other crypto tokens involves holding them for a longer duration. Nevertheless, the underlying principle of profitable cryptocurrency trading and investment is the fundamental and technical analysis of the currency markets.
Bitcoin trading generally involves the following steps;
- Create a trade account on a cryptocurrency trading platform
- Verify the trading account and make the first deposit
- Start trading to generate passive income
Choosing a Reliable Auto Trading Software
With many auto trading platforms available in the market, choosing a reliable one over a scam website is a little difficult. However, when one knows what they are actually looking for in an auto trading robot, narrowing down the preferences becomes easier.
The main objective is to choose a software that provides a simple user interface and a user-friendly experience. Enlisting the advantages and drawbacks or even the unique advantage offered also helps you pick one of the best auto trading systems.
In this review blog, we have provided thorough information on Bitcoin Circuit. Our objective is to help you decide if it is a scam software or a reliable trading system.
What is Bitcoin Circuit?
As stated at the beginning of this review, Bitcoin Circuit is a cryptocurrency trading platform. Unlike regular trading platforms and exchanges, Bitcoin Circuit features both automated trading and manual or traditional trading options.
What makes Bitcoin Circuit different from the other trading platform is that it enables the trade of Bitcoin CFDs or Contracts for Differences. Thus, traders can also make money with Bitcoin Circuit by speculating the price movement of bitcoins in the currency market. In fact, the closer the guess to the actual price of the Bitcoin, the more is the profit.
Bitcoin Circuit is simple to use for better trading experience. In fact, Bitcoin Circuit employs auto trading robots. And, this aspect undoubtedly makes trading easy even for new investors with no prior experience of cryptocurrencies and trading.
Why do I Need an Auto Trading Platform?
Success stories of bitcoin millionaires earning millions by trading in cryptocurrencies and bitcoins in particular have been circulating the multimedia. Backed by celebrity endorsements and a high success rate percentage makes one wonder if trading bitcoins leads to a steady profit influx. While this is true, to achieve better results, a trader must invest both time and effort. Right from fundamental and technical analysis to speculating the price movement to recognizing the market trends, trading is not as simple as it sounds. And, it is only those with considerable trading experience and knowledge on how the financial market works can execute successful trades.
Trading platforms with auto trade options are for people who do not know much about the cryptocurrency market or trading in particular. In fact, many scam sites make use of this opportunity to attract novice users. Thus, the primary step is to identify a genuine platform for your trading needs. Bitcoin Circuit is one of the auto trading platforms that facilitates auto trading mode. In this Bitcoin Circuit review, let’s go through the important aspects of this automated crypto trader.
Important Features of Bitcoin Circuit
Major part of our Bitcoin Circuit review involves listing out the key elements and vital aspects of the crypto trading platform. Here are some of the highlights as listed on the Bitcoin Circuit official website.
The US Trading Association awarded the Best Trading App title to Bitcoin Circuit making it one of the very few award-winning trading platforms.
Bitcoin Circuit is a suitable trading platform for both beginners and experienced traders. As a matter of fact, the auto-trading feature helps the novice traders to make profits, while the more experienced traders can use this feature for backtesting their trading strategy. Thus, Bitcoin Circuit presents a win-win situation irrespective of the trader’s expertise.
Bitcoin Circuit Customized Trading Sessions
Bitcoin Circuit enables traders to customize a trading session for the automated system to execute a trade on the behalf of the trader. Some of the customizable options include and not limited to;
- Assets to trade
- Trading funds to invest
- The level of risk
- Trade strategies
Bitcoin Circuit Manual Trade Mode
Better suited for professional or expert online traders, the manual trade mode is where the trader is in complete control of the trading activities. Here, the user executes the trade, unlike the auto mode where the trading robot executes the trade.
External Brokers at Bitcoin Circuit
Bitcoin Circuit outsources brokers for monitoring the automated trade process. The role of the brokers is to ensure that the trader bot only identifies profitable trade signals. In fact, Bitcoin Circuit is associated with most of the reputed brokers and cryptocurrency exchanges across the globe.
Bitcoin Circuit Service Charges
Bitcoin Circuit has a free registration process. Further, the Bitcoin Circuit trading platform does not charge any handling, processing, or service charges. Nevertheless, for live trading to earn real money, the trader must make a minimum deposit of 250 USD in their Bitcoin Circuit user account.
Deposits and Withdrawals
As stated above, the minimum deposit is $250 while the maximum deposit may go up to $15,000. There are multiple payment methods like bank transfer, credit/debit card, and a few payment gateways for user’s convenience.
The deposit amount reflects in the user’s account section in the finance tab. Users can withdraw their capital as well as the money generated from successful speculation after the end of a trading session.
Unlike the stock market, Forex and cryptocurrency markets trade 24/7. Once a particular session is completed, users can raise a request for payout or cash out. Bitcoin Circuit usually takes up to 24-hours to process the withdrawal request. And, in the case of high withdrawal amounts, the trader may have to verify his/her phone number, email address, etc.
Readers are advised to claim the passive income they have earned at the end of every trading session. It is imperative as Bitcoin Circuit is an auto trader and there are chances for the automated trading system to use the profits earned as funds to trade. Withdrawing your earnings is thus important when you cannot afford to lose the money you earned by buying and selling Bitcoins or the other crypto currencies.
Bitcoin Circuit Payout System
Traders must raise a request with the customer support team for cashouts. Typically, the whole process takes up to 24-hours. The payout system at Bitcoin Circuit is a standard one that applies to all traders irrespective of the withdrawal amount. Sometimes the account owner must verify their account details in the case of high withdrawal amounts.
Bitcoin Circuit Safety and Security Aspects
Bitcoin Circuit is protected by a powerful encryption technology making it highly impossible for cyber thefts, and further protecting the trader’s account from hackers and malware. Further, Bitcoin Circuit is in full compliance with the EU General Data Protection and Regulation (GDPR), ensuring the user’s information is strictly protected and handled by the trading platform.
Bitcoin Circuit Trading Processes
Both auto trade and manual modes are quite straightforward at Bitcoin Circuit. Registration is a must for the demo trading feature as well. Upon successful registration, the new user is provided with the opportunity to choose either a demo account or a live trading account.
If the trader selects the demo account, their demo account is credited with $1,500 virtual cash as the investment capital using which traders get a clear picture of the working of Bitcoin Circuit software. It is the best way of learning to trade especially for new traders.
Live Trading at Bitcoin Circuit
To make money while trading, users must opt for the live trading session. Here, they need to deposit the capital fund of $250, which is the lowest deposit limit. For a large trade size, users may deposit more, in which case the highest deposit amount is $15,000.
Currencies Supported at Bitcoin Circuit
Apart from Bitcoin, Bitcoin Circuit supports the trade of other cryptocurrencies like Litecoin, Ethereum, Monero, Zcash, NEM, Dash, NEO, Verge, to name a few.
Customer Service at Bitcoin Circuit
Bitcoin Circuit when compared to its contemporaries has better customer service with multiple options to reach the customer support team. Unlike the other platforms, the Bitcoin Circuit Customer support system comprises live chat, phone, and email support. Bitcoin Circuit also provides customer service via social media platforms like Twitter and Facebook. Apart from the above-mentioned, users can also fill in a Contact Form to receive support from the customer support team, where they reach the account owners either over phone or by mailing to the registered email address.
Bitcoin Circuit Review: Pros and Cons
- Bitcoin Circuit has a high win rate of around 98%
- It has one of the highest success scores of 97%
- Bitcoin Circuit is a completely automated system
- 24/7 live customer support
- Customized automated trade settings and trade sizes
- Faster withdrawal process
Is not accessible by countries where Bitcoin is considered to be illegal
How Bitcoin Circuit Works?
To trade bitcoins or CFDs at Bitcoin Circuit, users must first register with the platform. The registration process is free and the steps involved are as follows:
Step one: Account Registration Process
Bitcoin Circuit website has an easy to fill registration form. The users are required to provide their name, email address, and phone number for creating their Bitcoin Circuit account. In this registration step, the users must set a password for logging into their user account.
Step two: Account Verification
Once the registration is complete, the next step is the verification of the trader’s Bitcoin Circuit account and information, which generally takes only a few minutes. In fact, it would not be wrong to assume that Bitcoin Circuit has an efficient verification system in place.
Step three: Demo Trading Feature
Bitcoin Circuit has the option of a Demo account that can be accessed soon after the user’s Bitcoin Circuit account is created and verified. To get started with trading, it is imperative to understand how the automated trader works. Enabling the demo trade feature will provide insights on the risk levels and the trade sizes.
Step four: Fund your Account
The demo account feature of Bitcoin Circuit is apt for understanding the auto trading feature. However, the demo account does not involve real money. In order to start trading for money, live trading on the platform is imperative. Thus, users must make a deposit of $250 as an investment capital into their trade accounts. And, this amount is the minimum deposit limit. It is important to note that traders can invest as high as $15,000, which is the maximum deposit limit.
Scam Bitcoin Circuit: What you Need to Know
Over the years, Bitcoins have garnered quite the popularity in the celebrity circles worldwide. Some of the notable names in the business world like Richard Branson, Eric Schmidt have openly supported bitcoins. In fact, these celebrities believe in the potential of the crypto coin. While this is true, there are various articles that suggest that cryptocurrency trading platforms like Bitcoin Circuit are actively promoted by well-known personalities.
In our research for this Bitcoin Circuit review, we did not find any proof that supports these claims. Our verdict is that these claims are fuelled by affiliate marketers who are interested in attracting web traffic by spreading this scam. Bitcoin Circuit website does not promote such claims on its official website.
Apart from the above, there are rumours claiming that celebrity chef Gordon Ramsay is an avid user of Bitcoin Rush. We did not find authentic sources supporting this claim. Apart from Gordon, many believe that technology entrepreneur Elon Musk of Tesla Group earns passive income via Bitcoin trades. As per our research, Elon Musk has refuted such claims calling.
Some articles and news also suggest that Bitcoin Rush was featured on TV shows like Dragon’s Den, Shark Tank, This Morning, among others. According to our research, it is not true. However, there are TV shows where Bitcoin supporters have expressed their opinions concerning the growing popularity of bitcoins and as to why it is crucial to invest in them.
So, is the Bitcoin Circuit truly a scam? Let’s get to the verdict in this Bitcoin Circuit review. Bitcoin has gained quite the fan base in the past decade. Most of the well-known celebrities and businessmen believe in the future of bitcoins. Using their publicly spoken opinion about bitcoins, many affiliate marketers connect it to the automated trading platforms. Nevertheless, while these stories are scam, the potential of the automated trading systems like Bitcoin Circuit is certainly not a scam.
Tips for New Investors
Whether experienced or beginners, the auto trading mode can be used by anyone. While choosing the auto trading option, it is important to customize the trading parameters. For instance, traders can set features like stop-loss limit, take profits, trade size, risk level, etc. We recommend new traders to start trading with a small trade size as low as $25 and low risk level. It is very crucial as one cannot afford to lose all their trading funds by choosing a high risk level.
Successful trade execution involves staying up to date with market trends. We suggest traders spend at least 20 minutes a day to study the price movement of the currency pairs. In fact, better market research is the key to making better trading decisions.
Lastly, but most importantly, ensure to invest only the minimum amount to carry a live trading session. Many people generally tend to get carried away and spend huge trading capitals in a bid to make more money. It is important to remember that irrespective of the trade size or your investment funds, profits can be made only when the time is right for conducting a profitable trade (buy or sell bitcoins or other cryptocurrencies.)
The bottom line is, while it is possible to make money by executing successful crypto trades, it all narrows down to avoid the many scam websites. Also, investing in bitcoins and other cryptos are often associated with high risks where there are chances for the trader to lose money. For such instances, it is vital to make the right investment decision, which starts from choosing a trading system with CFD trades features.
With many new traders choosing automated robots to execute a successful crypto trade, there is a rise in the number of scam websites as well. Choosing a reliable and efficient automated trading system is hence very important. In this Bitcoin Review article, we have provided the complete information regarding the features, benefits, and drawbacks of Bitcoin Circuit. Our intention is for the reader to make an informed decision as to use Bitcoin Circuit or otherwise.
Bitcoin Circuit FAQs
- Is Bitcoin Circuit legit or scam?
Yes. Bitcoin Circuit is one of the legit cryptocurrency auto trading systems. Many users have claimed that the Bitcoin Circuit trading system has a win rate of around 98%, which is a very good number. What makes Bitcoin Circuit different from the other trading platforms is that the live trade feature of the account also has some of the sophisticated analytics tools that helps users make real money in record time. The withdrawal process is also faster where it takes within 24-hours to process the trader’s withdrawal request.
- Is the Bitcoin system legit or scam?
Bitcoins are one of the most widely accepted and valued cryptocurrencies where every transaction is recorded on a blockchain system. Over the years bitcoins have expressed intense price fluctuations, which makes them a highly volatile asset. Needless to say, people can generate passive incomes by either trading cryptocurrencies in general or bitcoins in particular. Besides, bitcoins are also eligible for CFD trades.
Typically, there is not a single crypto exchange that allows CFD trades of cryptos. On the other hand, only some of the auto trading platforms like Bitcoin Circuit provide Bitcoin CFDs options. Nevertheless, we advise traders to tread with care while choosing an auto trading software.
- Can you lose money in Bitcoin?
Yes, while there are chances, the probability is quite low. Also, rather than losing money, another threat traders have to worry about is avoiding the scam websites. As there are many scam platforms that promise huge returns on investments, it is easy to overlook the genuine ones. Also, bitcoins are subject to market volatility. And during such instances, we suggest CFD short trades where one can benefit from predicting the price drop of the asset concerned. The trick lies in choosing the right automated trader from the scam sites. In fact, opting for an automated trader software with CFD options will prove to be beneficial in the long run.
- Is it worth buying bitcoin 2019?
Irrespective of the year, it is important to understand that bitcoins are highly volatile where there is a significant change in its price movements over short periods. And buying or selling cryptocurrencies or bitcoins in particular involves taking advantage of the asset’s volatility.
- What is the Bitcoin Circuit minimum deposit amount?
To enable profitable buying and selling of bitcoins at Bitcoin Circuit, users must make a deposit of $250, which is in fact, the lowest deposit limit. Needless to say, users can deposit higher capital funds where the maximum limit is $15,000.