Bitcoin Rocket Review – Scam or Legit?

Bitcoin Rocket advertises itself as a crypto trading platform that can identify potentially profitable setups and trade on a user’s behalf. The platform claims to use sophisticated algorithms to track the movements of the crypto market.

To answer the question ‘Is Bitcoin Rocket legit?’, we took a deep dive into the platform. Our Bitcoin Rocket review will cover everything traders need to know about trading with the Bitcoin Rocket platform.

Bitcoin Rocket Summary

The table below identifies several of the key features that we identified during our Bitcoin Rocket review:

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

What is Bitcoin Rocket?

Bitcoin Rocket is an algorithmic crypto trading platform that uses artificial intelligence and machine learning to identify potentially profitable trades in the crypto market. For traders, this means that it is possible to use Bitcoin Rocket to identify times to enter and exit trades.

Bitcoin Rocket also states it is capable of entering and exiting trades on its own using traders’ funds. This eliminates the requirement for traders to place buy and sell orders manually.

The Bitcoin Rocket crypto app is able to trade Bitcoin, Ethereum, Litecoin and Eos. The platform offers a demo trading mode that enables traders to test it out for themselves first as a way of backtesting and auditing it – which we recommend before committing to a large real money investment.

Bitcoin Rocket does not charge any fees or commissions on your profits. Traders must make a minimum deposit of $250 to open a real money account, which can be withdrawn at any time with no fees.

Bitcoin Rocket Pros & Cons

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

How Does Bitcoin Rocket Work?

Bitcoin Rocket states it uses an AI and machine learning-driven algorithm that has been trained on years’ worth of cryptocurrency market data. The algorithm identifies price movements that may be potentially profitable setups for traders.

When the algorithm recognizes one of these setups, it will enter a trade using funds from users’ accounts. The platform will follow the trade as it progresses and exit when a stop loss or price target for the trade is reached. At the end of the trade, all funds, including any profits, are returned to users’ accounts.

Bitcoin Rocket doesn’t require traders to manually intervene in order to trade. However, the platform does offer a demo account and some of the algorithm’s settings can be customized. This enables traders to tune Bitcoin Rocket so that it performs optimally under current market conditions or so that it takes greater or lesser risks with traders’ funds.

Keep in mind that there is no guarantee that any trade Bitcoin Rocket opens will be profitable. All trading carries risk and traders must determine for themselves whether Bitcoin Rocket is suitable for their trading style.

Bitcoin Rocket Key Features

Our Bitcoin Rocket review identified several features that set this platform apart from other crypto trade bots and Bitcoin robots.

Multiple Cryptocurrency Markets

Bitcoin Rocket is able to buy Bitcoin as well as Ethereum, EOS, and Litecoin. These popular altcoins are highly volatile and offer more opportunities for Bitcoin Rocket to trade. The platform can have simultaneous trades open across these markets in order to increase potential profits for traders.

Note that Bitcoin Rocket does not currently trade other crypto markets, such as Ripple, Bitcoin Cash, or DeFi coins.

24/7 Trading

One key feature that differentiates Bitcoin Rocket from other crypto trading platforms, if its claims are correct, is that it’s capable of monitoring and trading the crypto market 24/7. Unlike human traders, Bitcoin Rocket’s algorithm does not need to sleep or take breaks. This means that it can potentially find more trading opportunities, especially as markets open in Europe and Asia at times when most US-based traders are asleep.

No Experience Required

Bitcoin Rocket does not require traders to have experience with cryptocurrency trading before coming to the platform. According to Bitcoin Rocket, anyone can learn how to use the platform and traders only need to monitor Bitcoin Rocket for around 20 minutes per day to make sure it’s functioning properly.

Demo Account

Bitcoin Rocket offers all traders access to a demo trading account. This is important because it enables traders to test out the platform for themselves and see how it performs under current market conditions. The demo account also gives traders an opportunity to modify the algorithm parameters safely and see what effects they have on trading performance and risk management.

Fast Withdrawals

Bitcoin Rocket enables traders to withdraw funds from their account with no fees. Withdrawals are typically processed in under 24 hours. This makes it relatively straightforward for traders to realize gains from the platform.

Bitcoin Rocket Fees

Bitcoin Rocket does not charge any fees for trading and does not take commissions on traders’ profits. The platform also does not charge deposit or withdrawal fees. We were not able to identify any hidden fees as part of our Bitcoin Rocket review.

Is Bitcoin Rocket a Scam?

A key goal of our Bitcoin Rocket review is to help traders decide if this crypto trading platform is a scam or legit. Our review found that Bitcoin Rocket uses AI-driven algorithms to find crypto trading opportunities and is capable of trading 3 cryptocurrencies on behalf of traders. We were not able to determine how accurate Bitcoin Rocket is at identifying profitable trades.

Bitcoin Rocket displays testimonials and live trade results on its website. These Bitcoin Rocket reviews are very positive. The live results show profits ranging from $450 to $1,200 per trade and there are no losing trades displayed. Traders should take these results and testimonials with a grain of salt as our review was unable to confirm that they are representative of Bitcoin Rocket’s overall performance.

Bitcoin Rocket offers a demo trading account, so traders who are interested in the platform can test it out for themselves. The demo account is free to use once traders open a Bitcoin Rocket account.

Bitcoin Rocket Minimum Deposit

Bitcoin Rocket requires all traders to make a minimum deposit of $250 to open a new trading account on the platform. This deposit is also required to access the Bitcoin Rocket demo account.

There are no deposit or withdrawal fees at Bitcoin Rocket and traders can withdraw their deposit in full at any time. Withdrawals are typically processed within 24 hours.

Bitcoin Rocket Customer Support

Bitcoin Rocket support is available by phone and email. The service offers customer support for existing traders only. There is no way to get in touch with the platform’s customer support team prior to opening an account.

The Verdict

Bitcoin Rocket is a cryptocurrency trading platform that uses an AI algorithm to trade cryptocurrency. The platform is able to identify potentially profitable setups in the markets for Bitcoin, Ethereum, and EOS.

While Bitcoin Rocket testimonials are very positive, there is no guarantee that Bitcoin Rocket will be profitable. Traders can use the platform’s demo account to test out Bitcoin Rocket for themselves.

For some Bitcoin Rocket alternatives see our list of algorithmic trading platforms – top of those rankings is a crypto exchange that verifies the backtested performance of various professional traders which can be automatically copytraded.

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

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