Bitcode AI Review – Scam or Legit?

With more people than ever trading cryptocurrency, numerous trading robots have been launched that aim to streamline the investment process. Due to the abundance of options, it can be challenging to narrow down which one to choose – although Bitcode AI appears to stand out from the crowd.

This Bitcode AI review will explore everything you need to know about the robot, discussing its fees and features before showing you how to begin using the robot today – all in a matter of minutes.

Bitcode AI Summary 

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

What is Bitcode AI?

Put simply, Bitcode AI is one of the best Bitcoin robots for automating the investment process. Like other trading robots, Bitcoin AI is a specially-designed software program that trades on the investor’s behalf. The robot claims to be able to identify trade opportunities using AI-powered software, removing the need for investors to conduct research beforehand.

Bitcode AI’s browser-based platform has been designed with beginners in mind, meaning this trading robot requires no previous trading experience. The robot apparently employs proprietary strategies informed by ‘Big Data’ to ensure a high degree of accuracy in its promoted trade ideas. All that’s required from the user is a €250 ($274) minimum deposit, as Bitcode AI is entirely free to download.

Notably, Bitcode AI also allows users to use leverage. As noted on the Bitcode AI website, the robot can employ up to 5000:1 leverage – much higher than most crypto exchanges. Although this can dramatically boost profits, it can also produce more considerable losses, so this is only recommended for experienced traders.

We couldn’t verify all the claims made my Bitcoin AI’s site, so we recommend doing your research before using this platform, just like we do for other Bitcoin trading bots like Bitcoin Era and Bitcoin Loophole.

Who Owns Bitcode AI?

Bitcode AI is said to have been developed by a group of professional traders and software developers, although the team is anonymous with no information on their website.

However, despite some articles and Facebook ads to the contrary, our research found that it the likes of Elon Musk and Ryan Reynolds have zero connection with Bitcode AI, with those adverts linked to crypto scammers and are best avoided.

Bitcode AI Pros & Cons

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

How Does Bitcode AI Work?

As an automated trading robot, Bitcode AI can buy Bitcoin (and other cryptos) on your behalf. Once you have downloaded and set up the robot, Bitcode AI’s advanced algorithms will scan the markets for viable trade opportunities. These opportunities are informed by Bitcode AI’s inherent strategies, which are claimed to be highly successful.

Once a trade opportunity is found, Bitcode AI says it will instantly place a trade on your behalf. According to the Bitcode AI website, the robot is 0.01 seconds ahead of the market, meaning that users will always receive the best possible entry price.

After a trade is placed, Bitcode AI will automatically monitor the position and close it out at the optimal time. This removes any human biases from the trading process and ensures that the greatest amount of profit is achieved from each trade. Once the position is closed, any winnings are deposited into your account, where they can be withdrawn or reinvested.

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

On What Devices Can I Use Bitcode AI?

Bitcode AI does not have a dedicated app buit is available on any device with an internet connection and web browser:

• Android or iOS smartphone
• Tablet
• Laptop/Desktop PC

Which Exchanges and Brokers is Bitcode AI Partnered With?

We were unable to verify exactly which brokers BitCode AI partners with as they differ for individual users.

However, the platform claims to only partner with those that are overseen by tier 1 financial authorities such as the Financial Conduct Authority in the UK and the Australian Securities and Investment Commission (ASIC).

Can I use Bitcode AI in My Country?

Bitcode AI is widely available, although the most notable exception is the USA.

See below for a select list of availability:

How Much Profit can be Made from Bitcode AI?

Bitcode AI claims to have a win rate of 90% on trades, although these claims are not verified.

Trading is inherently risky and losses on trades are inevitable – therefore it is crucial to not just leave the bot to work but consistently monitor it and develop your own knowledge on strategies and analysis.

Beginners should only invest funds they can afford to lose. Furthermore it is important to note that profits on crypto trading are taxable in many countries.

Bitcode AI Key Features

Now that you have an idea of what Bitcode AI is and how it works, let’s dive in and take a look at some of the robot’s features:

AI-Powered Strategies

Bitcode AI’s trading strategies are highly efficient and can analyze the markets much faster than humans can. Due to this, trade opportunities are identified at the optimal moment, allowing for greater profitability levels.

Broker Partnerships

Similar to the Bitcoin Profit trading bot, Bitcode AI has partnered with numerous brokers to facilitate trades. The platform claims their partners are licensed by CySEC.

Free to Use

The Bitcode AI software is entirely free to use, with no sign-up fees or monthly account fees. Furthermore, the minimum deposit is only €250, making it ideal for beginner investors.

Fast Trading

The Bitcode AI website states that the trading bot can execute high-end trading strategies extremely quickly, being able to enter and exit the market in no less than 0.01 milliseconds.

Trade Multiple Coins at Once

While some crypto bots only trade Bitcoin, Bitcode AI claims to allow users to automatically trade multiple popular cryptos at once, such as BTC, ETH and other exotic coins.

Leverage

Finally, Bitcode AI claims it can use up to 5000:1 leverage whilst still employing the same effective strategies. Human bias would naturally come into play when trading manually with this leverage – which isn’t an issue with Bitcode AI. 

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

Bitcode AI Fees

If you’re looking to invest in the best altcoins with Bitcode AI, it’s wise to consider the robot’s fees. Fortunately, this robot doesn’t have any trading fees to consider whatsoever. The Bitcode AI website notes that there are no hidden fees, and the platform is entirely free to sign-up for.

Ultimately, this is one of the best features that we noted during this Bitcode AI review, as it ensures the trading process is as cost-effective as possible. The only thing to be aware of is that the brokers Bitcode AI uses may employ their own spread when facilitating trades – although this will depend on the platform.

Account Opening Fee	No
Commissions	No
Inactivity Fee	No
Monthly Account Fee	No
Additional Charges	No

Is Bitcode AI a Scam?

Given the information presented until this point, can Bitcode AI be considered a scam? Given that the website doesn’t showcase any verifiable testimonials or trading results, it’s difficult to say with any certainty.

However, a quick search on the internet will display numerous Bitcode AI reviews that give the trading robot a glowing recommendation. Furthermore, social media sites such as Twitter and Reddit also make note of Bitcode AI, highlighting that retail traders have used it. However, these could be paid-for and should not be totally trusted.

The respected peer-review website TrustPilot does not carry any reviews for Bitcode AI ans we were unable to verify Bitcode AI’s claim that its trading bot has a 90% win rate.

What is certain, however, is that Facebook adverts mentioning Elon Musk, Ryan Reynolds or other high-profile celebrities are scams and should not be trusted.

Overall, it’s challenging to determine the robot’s level of legitimacy, so it’s best to do your own research into this. 

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

Bitcode AI Minimum Deposit

As touched on earlier, the Bitcode AI minimum deposit is only €250. The robot requires this amount to implement its trading strategies effectively to make substantial profits.

The Bitcode AI website doesn’t state any specific approaches in terms of deposit methods. However, many trading robots accept credit/debit cards and bank transfer deposits, so these payment methods are the most likely to be accepted.

Bitcode AI Celebrity Endorsements

As mentioned previously  Bitcode AI has been linked to a number of celebrities with claims they are either backers or investors.

Most of these adverts, which largely appear as Facebook news articles, appear to be scams and should not be trusted.

Does Elon Musk Endorse Bitcode AI?

We found zero connection between Tesla founder Elon Musk and Bitcode AI, despite claims from some Facebook ads.

Does Ryan Reynolds Endorse Bitcode AI?

Again, there is no evidence to suggest Ryan Reynolds has every endorsed or invested in Bitcode AI

Does Jeff Bezos or Amazon Endorse Bitcode AI?

We found zero evidence to suggest Amazon or its founder Jeff Bezos have invested in or endorsed Bitcode AI

Bitcode AI Customer Support

Finally, Bitcode AI has a dedicated customer care department staffed by real people. This department is stated to be open 24/7, ensuring traders can obtain all the help they require.

Furthermore, Bitcode AI’s website also has a dedicated FAQs section at the bottom, which provides quick answers to many of the most-asked questions.

How to Withdraw Money from Bitcode AI?

User funds are not stored on the Bitcode AI platform but instead with the partnered broker. Therefore, to withdraw funds, users have to:

• Visit the broker’s website and log in
• Visit the wallet in the account
• Enter the amount to withdraw and start the withdrawal process
• Once confirmed, the transaction should take up to 24 hours to complete

Brokers will not pay out in crypto but in fiat currency.

How to Delete Bitcode AI Account?

Deleting a Bitcoide AI account should be simple. Either head to the platform and follow the instructions under the settings menu, or do the same via the broker’s platform.

Speak to customer services if it is still not deleted.

Latest Bitcoin News

Due to the volatility and ever-evolving nature of the space, it is vital to keep up to date with the latest news from the crypto world. Here are some of the top headlines from the week ending January 29, 2023:

• Goldman Sachs have placed Bitcoin ahead of the S&P 500 Index, Nasdaq 100, gold and US Treasury Bonds as the best-performing financial asset of 2022.
• Robinhood’s verified Twitter account was hacked and briefly promoted a crypto scam before it was quickly deleted, with only $1,000 stolen.
• Elon Musk and Tesla did not buy or sell any Bitcoin in Q4 2022 despite the market turbulence which saw the value of its holdings fall by $34 million.

The Verdict

In summary, this Bitcode AI review has taken a look at the trading robot and its features, highlighting how it works and the steps you need to take if you’d like to begin using it today. However, it’s difficult to find reliable information on proprietary crypto trading bot software and we could not verify claims of a 90% win rate.

We recommend proceeding with caution if deciding to use Bitcode AI and avoiding any articles or adverts that claim the likes of Elon Musk and Ryan Reynolds are connected with the platform.

For those interested in AI (artificial intelligence) in general we also reviewed a list of AI cryptos – tokens within that industry listed on a safe crypto platform.

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

FAQs on Bitcode AI