Crypto trading robots are becoming increasingly popular following the growth of digital assets like Bitcoin and Ethereum.
These automated software scans the crypto market for profitable trades on behalf of the investor. Crypto Bank is a new crypto trading robot with a claimed success rate of 98%.
This Crypto Bank review aims to find out if this claim is true and how you can get started using this trading software.
Crypto Bank Summary
This Crypto Bank review provides detailed information on how investors can navigate the platform and what they can expect. To begin, here’s a rundown on the most important things to know when trying out the platform for the first time.
Minimum Deposit | € 250 |
Claimed Success Rate | 99% |
Supported Cryptocurrencies | BTC, ETH, XRP, BAT, LITECOIN |
Mobile App? | No |
Fees | None |
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
What is Crypto Bank?
Crypto Bank is an automated crypto trading robot that allows investors to easily invest in bitcoin. The software is designed to operate automatically and only needs investors to activate and set trading parameters. This trading bot can analyse the market for the best trade deals and create orders on behalf of the investor.
Leveraging artificial intelligence (AI) and machine learning (ML) models, Crypto Bank is built to scan the market in seconds to identify profitable trades. The Bitcoin robot takes into consideration both the technical and fundamental aspects of the market to gather a more comprehensive overview of opportunities for investors to profit from day trading crypto.
Features on the platform are easy to use and there are no restrictions on access. Crypto Bank is available to people with full-time jobs, part-time jobs, or people in between jobs. It’s also suitable for newbies and experienced traders alike.
The platform promises investors returns of up to 98%, which is similar to what’s obtainable on other auto trading robots. It also offers swift withdrawals within a 24-hour window. However, please keep in mind that all trading involves risks.
Interested users are able to monitor price movements and trade several crypto assets. This means, using this robot, investors can buy Bitcoin, Ethereum, Litecoin, Ripple, and the Basic Attention Token.
However, these transactions are essentially crypto CFD trades and you won’t directly be buying the digital assets. CFD is short for contract for difference and is a financial derivative instrument that allows a trader to buy or sell an asset at a preset price once the contract expires. The benefit of a CFD is the trader does not need to worry about storage as they only trade the price movements of the asset in question.
The platform also comes with a reasonable minimum deposit of $250. This unlocks the trading software for users to utilize the trading bot. Fee-wise, Crypto Bank says its software is free to use.
However, the Bitcoin robot partners with many brokers, and these platforms could levy spread fees or commissions for trading on their platforms.
The robot works with these crypto brokers to facilitate trades and apply the preset parameters highlighted by the robot from scouting for trades. Based on a user’s region, Crypto Bank would pair them to one of its network of brokers for account maintenance and trade management.
Since crypto trading robots are computer software, they are devoid of any human emotions and bias. The absence of these subjective emotions allows Crypto Bank robot to easily identify profitable trades based on facts and figures and not sentiments.
Our Crypto Bank review won’t be complete without discussing platform availability. We found out that the robot doesn’t have a mobile app at this moment. This means, all users need to make use of the web platform while setting up and monitoring their trades. The platform runs on the highly popular MetaTrader 4 (MT4) platform and users can easily tap into an intuitive and user-friendly trading experience.
Crypto Bank Pros & Cons
Like all trading robots, the Crypto Bank robot has its advantages and disadvantages. The platform offers a lot of features that are similar to other trading robots, however, some of these are yet to be verified.
Here are some of the merits and demerits of Crypto Bank:
Pros:
Cons:
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
How Does Crypto Bank Work?
Crypto Bank is easy to use as it only takes a few minutes to sign up on the platform. After signing up, setting up the trading system daily takes a few minutes as investors only need to activate the robot by paying a minimum deposit of $250. Once the trading robot has been activated, it pairs you up with a broker and starts scouring the market for trading opportunities.
It is free to register on the platform as no registration fees apply and account owners have access to all the features available on the robot.
During the withdrawal process, there are no restrictions and the process is swift. Withdrawals can be made in 24 hours, so investors can pull their profits out of the platform or increase their stakes.
Crypto Bank does not require any special skill of investors and anyone with a smartphone or laptop can use the auto trading robot. The platform claims to provide investors with up to 98% in profits. Although the profit margin is unusually high, investors are advised to only invest capital that they can afford to lose as crypto trading can be risky.
Crypto Bank Key Features
These are some of the key features of Crypto Bank that help it to stand out:
Fast withdrawals
The platform promises investors that they can withdraw their profits from their accounts without any hassle. Its withdrawal process is designed to complete withdrawal requests in 24 hours, which is considered to be faster than most trading platforms. It is also convenient as traders who require funds from other investment purposes can get their profits out of the system quickly.
Random trades
The trading platform is designed to perform random trades. Crypto Bank claims to employ a world-class trading selection system that is guaranteed to provide investors with high profits.
Demo trading account
The platform provides investors with a demo trading account after making deposits. Its demo trading feature is essential, especially for traders who are not familiar with using a trading platform. A demo trading account is important and traders are advised to use it to understand how the platform works and what to expect from it.
Simple to use
Crypto Bank is easy to use and investors regardless of their experience can use the platform. Registering on the platform only takes a few minutes as it only requires a name, phone number and a password.
High return rate
The platform claims to provide investors with up to 98% profit on their investment. It offers high assurance that customers will earn significant profit while trading on Crypto Bank daily.
Crypto Bank Fees
Crypto Bank is fee-free. This makes Crypto Bank one of the best Bitcoin robots out there. But partner brokers may charge extra fees. These charges may erupt from managing an investor’s account, spreads, and other fees prevalent with online brokers.
Registration Fees | None |
Deposit fees | None |
Withdrawals | None |
Hidden charges | None |
Is Crypto Bank a Scam?
Investors keep asking, ‘is Crypto Bank legit?’. Having carried out investigations, we found out that Crypto Bank claims to offer investors a chance to make high yields on their investments up to 98%. We couldn’t verify this claim on their website or any other third-party provider. Besides this, Crypto Bank seems to have several features that grant the software legitimacy.
The platform works with brokers, keeps customer funds outside of their platform, has a customer support channel and provides fast withdrawals. Crypto Bank also provides investors with a fee-free trading process as the platform does not charge for registration, deposit, or withdrawals.
Crypto Bank reviews were not available on any third-party platforms but the platform claims to onboard thousands of crypto investors with testimonials of profits earned.
Crypto Bank Minimum Deposit
The minimum deposit amount on Crypto Bank is $250. Investors who decide to invest with this trading robot are advised to stick with the minimum deposit amount and increase their capital as they get comfortable with the software. Please remember that crypto trading is risky and investors can lose all of their funds.
Crypto Bank Customer Support
Customer support is one of the most important aspects of any trading platform, especially a trading robot.
Crypto Bank boasts of responsive customer support that is professionally set up and controlled by experts. The platform claims to provide fast customer service to customers. The customer service is handled by experts who ensure that there are no delays in processing complaints or providing the required assistance.
How to Use Crypto Bank
Follow this simple step-by-step guide to open an account with Crypto Bank:
Open an Account
The first step to gaining complete access to Crypto Bank’s trading features involves creating an account. Investors must provide their full name, email address, phone number, and password. Be sure to provide a current phone number as you will receive a call from a representative. The call will provide insight on how new users are to navigate the platform and set up their accounts.
Make a Deposit
After setting up the account, users will need to make a deposit using any of the payment methods available on the platform. Some of the payment methods include PayPal, wire transfer, or credit cards.
The minimum deposit amount on the platform is $250. Investors can deposit funds within this range to start trading. However, it is advised that users stick to the minimum deposit and grow their profits, as trading is risky and there is a high chance they can lose their funds.
Use the Demo account
After depositing funds, users now have access to the full features of the platform and can start trading. However, Crypto Bank provides investors with a demo trading account they can use. The demo trading feature simulates a live trading interface and investors can practise with the tools available before going on to use the live trade option.
Start Live Trading
After using the demo feature, investors can start trading on the Crypto Bank app.
The Verdict
This Crypto Bank review shows that the platform is an automated trading robot that seeks to help investors make profits off a small principal amount deposited on the platform. The platform does not require any skills in trading. It assures investors that they have a responsive customer service unit to attend to their complaints. The platform also promises investors high returns on their investment, up to 98%, which they can withdraw in 24 hours.
Investors interested in getting started with Crypto Bank can register by clicking this link.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.