Jimmy AkiCrypto trading bots are becoming increasingly prevalent in the industry. They are a type of automated software that tracks the crypto market to identify favourable trades for investors.
One of the upcoming trading bots is Crypto Engine. This powerful tool claims to achieve over 90% success rate in its forecasts. However, before investing in the crypto space through this platform, we recommend going through our Crypto Engine review to establish if these claims are valid.
This Crypto Engine review explores how the trading bot works and whether you should consider it as a novice trader.
Crypto Engine Summary
The table provided below covers major offerings of the Crypto Engine robot for users.
| Minimum Deposit | $250 |
| Mobile app? | None |
| Claimed Success Rate | 90% |
| Withdrawal Period | 24 hours |
| Supported Coins | BTC, ETH, BNB, ADA, DOT, BCH, DASH, ETC, MIOTA, EOS, NEO, XRP, LTC, ZEC, BTG |
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
What is Crypto Engine? 
Crypto Engine appears to be a Bitcoin trading robot that utilises automated intelligence (AI) and natural language processing (NLP) tech to scan the crypto market.
This trading bot claims to scan the crypto market in seconds to identify profitable trades. These trades are then forwarded to the user, who can execute them on supported platforms.
Crypto Engine claims that its crypto trading robot guarantees a 90% success rate on its trades. However, these claims are largely unverified and may be a bit unrealistic, given the cryptocurrency market’s volatility in general.
The Crypto Engine app automatically joins brokers and potential traders together, according to its website. These partner platforms are said to be various brokers. It’s worth noting that we couldn’t identify information about any of its partner brokers from the website.
In terms of platform functionality, our Crypto Engine review points out the user-friendly setup and the streamlined nature of the platform in its crypto trading activities. Starting with the signup procedure.
The signup process is easy and takes less than 5 minutes to complete. New users can easily get started by filling in their email address, full name, and verifiable mobile number. Also, the trading interface is clean-cut and easy to navigate.
Bitcoin robots have become increasingly popular due to the overall volatility of the crypto market. Although the crypto industry has witnessed exponential growth in the past year, they have also witnessed severe dips in the Q1 2022 market downtrend.
Per their nature, trading bots are designed to minimise potential losses. This robot should handle the process hassle-free for investors who want to buy Ethereum or any other alternative coins (‘altcoins’).
Trading bots take on the responsibility of profiling market moves. This sophisticated software is said to locate profitable trades better, place limits, and plot potential profit zones.
Due to their hands-off approach, platforms like Crypto Engine can easily support experienced and novice traders. Users can easily tap on the relevant button and let the trading bot scan the market with only minimal intervention required.
Most online Crypto Engine reviews show that the platform does not have an operating license from a government body. However, the platform is said to liaise with different crypto brokers to ensure that all trades are executed safely and transparently.
The trading bots developers are anonymous, so we recommend interacting cautiously with the platform.
Crypto Engine Pros & Cons
Pros
Cons
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
How Does Crypto Engine Work?
Before answering the question, ‘is Crypto Engine a scam?’ it is necessary to identify how the trading bot platform functions.
AI and other sophisticated software power Crypto Engine. These algorithms are hard-coded into the trading bot, allowing it to execute preset commands without human interference. Like several crypto trading bots in the booming space, Crypto Engine asserts its ability to easily scan the market, find profitable trading ideas, relay them to the user, set stop loss, take profit zones, and execute the trades within seconds.
Crypto Engine could be a perfect tool for beginners and novices who lack the needed expertise in dealing with the crypto market. Crypto Engine takes away the toll of manually scanning the crypto market for profitable trades. Also, the trading bot allows for a more hands-on approach as you can be more involved in the trade execution process.
With the information relayed from the fundamental and technical analysis of the market, a user gets to select their risk preferences before handing over control to the bot. This keeps the user in perspective and serves as a form of a second loss mitigation strategy.
Additionally, all trades executed are routed through brokers; the user selects these entities and brokers from a host of supported platforms. However, the user would be required to have an account with the broker and pre-fund their account for instant trade executions. Funding your account is entirely separate from the $250 minimum for the Crypto Engine robot.
Crypto Engine features some of the top coins in the crypto space. However, the trading robot does not enable direct purchases of these blockchain-based assets. Instead, this bitcoin robot trades cryptocurrencies as a contract for difference (CFD) instruments on supported broker platforms.
CFDs are financial derivative instruments that allow users to trade the price movement of an asset without holding the underlying asset in their portfolio. It allows an investor to buy Bitcoin, for instance, without actually buying the asset. CFD means you buy the derivative that tracks the asset, not Bitcoin itself.
CFD trading of crypto assets has spiked in the past year, and several crypto brokerage firms are integrating this service offer into their operations.
Crypto Engine claims to make it easy for anyone to trade BTC, ETH, BNB, and several others without worrying about storage space or asset slumping in a market downtrend.
Another crucial detail about our Crypto Engine review is that the platform features a demo account. A demo account helps you better simulate the trading bot’s market scanning capabilities before paying for the service. The demo account lets you discover the platform’s potential while making needed adjustments.
Crypto Engine claims that its powerful AI software can earn investors a high return of 90%. Our Crypto Engine review has been unable to validate these claims. We can only recommend that users use this platform with caution. If you are an experienced trader, you can use the trading bot to validate your technical analysis before taking the leap.
Crypto Engine Key Features
Crypto Engine comes with many features. Here are a few of them:
- User-friendly Platform
Crypto Engine has a user-friendly interface. You can kick start the crypto trading bot easily by tapping on the ‘Scan Market’ button found in the middle of the screen.
- Quick Signup Process
The Crypto Engine team have streamlined the entire signup process. New users can easily access the Crypto Engine robot by completing a short signup form with their full name, email address, and mobile number.
- Fast Withdrawal Window
Crypto Engine proclaims a swift withdrawal feature. All crypto withdrawal requests are processed within a 24-hour window, making it easy for anyone to cash out their profits anytime they want.
- Works with Different Brokers
The Crypto Engine robot claims to work with various brokers. This is done to ensure the safety of the platform’s trades.
- Offers a Reasonable Portfolio of Crypto Assets
Most crypto trading robots come with a limited amount of crypto support, comprising major ones including Bitcoin and Ether. However, Crypto Engine offers more than five crypto assets, including BTC, ETH, BNB, ADA, and BCH. This is quite impressive. It shows why Crypto Engine is becoming more popular among users.
- Demo account
Crypto Engine comes with a trial account. Users easily learn how the platform works and simulate live trading sessions before investing. We recommend using this feature for a better understanding of the platform.
- 24/7 customer support
Crypto Engine comes with a 24/7 customer support system. Once the signup process is complete, users are connected to a customer care representative for guidance through the onboarding process. Users can also contact support via written email, which is available on the “Contact Us” page if they have any further questions.
Crypto Engine Fees
To begin trading, a minimum of $250 is required to activate the Crypto Engine robot. Partner brokers usually charge a 2% commission for profitable trades.
| Deposit fees | None |
| Withdrawal fees | None |
| Trading commissions | None |
| Hidden charges | None |
| Inactivity Fee | None |
Is Crypto Engine a Scam?
This Crypto Engine review seeks to answer the crucial question: ‘is Crypto Engine legit?’ We cannot verify the legitimacy of the Crypto Engine robot.
Only invest what you can afford to lose, just as you wouldn’t go ‘all in’ on one altcoin don’t put all your eggs in one basket with one trading bot.
Note that there is no data on the development team behind the project. This leaves a lot of room for bad actors to step in and impersonate. Another crucial challenge is its claimed success rate of 90%. While cryptocurrencies are known to see sporadic surges, the crypto market is well known for its volatility. Such a high-value guarantee is a bit unfounded.
We recommend dealing cautiously with this platform and immediately withdrawing your profits if and when you make some.
Crypto Engine Minimum Deposit
Our Crypto Engine review shows you can gain access to AI-powered software with a minimum investment of $250. This is largely used for providing liquidity to the platform.
Crypto Engine Customer Support
The platform has a customer support section that can be reached via email and phone calls.
How to Use Crypto Engine
If you are interested in using the Crypto Engine robot, you can get started by following these steps:
- Sign up
Head over to the Crypto Engine official website and click on the ‘Sign Up’ button to access the registration page. Fill in your first and last name, email address, and mobile number with your country code. Tap on the ‘Register Now’ button to complete the process.
- Use demo account
Once your account verification is complete, we recommend using the demo account to simulate many scenarios in the crypto asset you are interested in. The demo account helps investors get acquainted with the tools available.
- Deposit
Tap on the ‘Deposit’ icon and select a payment method. Crypto Engine has a minimum deposit of $250. Your transaction should be processed in a few minutes.
- Place Trade
Once the deposit is confirmed, you can now begin live trading. Set your trading parameters, like risk levels, and click on the ‘Scan’ button to kickstart the process.
The Verdict
Crypto trading bots are largely unregulated. However, they are becoming increasingly popular as investors seek to limit their risk exposure when trading crypto. Crypto Engine comes with many promises, but we cannot verify them. Users must exercise caution when using these platforms.
Crypto Engine claims to have a high percentage of success, which should interest potential investors. However, when selecting the best Bitcoin robots, consider important factors before investing. We advise you should proceed with caution when dealing with this service. Ready to get started with trading using Crypto Engine? Click on the button to signup.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.
Frequently Asked Questions on Crypto Engine Review
What is Crypto Engine?
Is Crypto Engine legit?
How do I join Crypto Engine?
This article was written for Business 2 Community by Jimmy Aki.
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