xBitcoin App Review 2023 – Scam or Legit?

This xBitcoin app review takes an in-depth look at this new cryptocurrency trading app. Unlike other popular cryptocurrency trading platforms, xBitcoin aims to assist users in their trading process by leveraging its automatic trading software. 

Using artificial intelligence and machine learning, the xBitcoin app supports a system which can automatically scan the cryptocurrency markets for the best possible trades. This review will look at the available trading features and determine whether the xBitcoin app is a scam or legit.

xBitcoin App Summary

Before we look any further into this xBitcoin app review – our guide will assess some of the main features of this app. The table below looks at some of the available assets, prices and more of the xBitcoin app. 

On the xBitcoin app, users can get started by making a minimum deposit of $250 or more. The platform reportedly states that there are no additional fees for software or maintenance costs. 

After creating an account, users can buy Ethereum (ETH), Bitcoin (BTC), XRP and other top cryptocurrencies. 

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

What is xBitcoin App?

In 2022, we witnessed the cryptocurrency markets undergo a monumental price correction – nearly 60% of the total market cap has been erased. Since volatility has been prevalent among the space’s top altcoins, investors are looking for new ways to capitalize on profits. 

xBitcoin aims to offer a new solution through its cryptocurrency trading platform. On xBitcoin app, investors can begin trading in top cryptocurrencies with little effort. The platform uses in-built software that automatically scans the cryptocurrency markets for potential price actions and buy/sell levels. While xBitcoin app is available via desktop features – it offers an app version on iOS and Android. Through the xBitcoin app, users can quickly start trading on the go. 

Thus, investors can quickly begin trading after making a $250 investment. Moreover, the software will take care of the users’ investments – and even displays the ability to initiate new trades on behalf of the customer. After registering an account by entering your details – xBitcoin will allow users to deposit funds through various payment methods such as credit cards and e-wallets such as PayPal, Skrill and Neteller. 

The platform claims to provide a success rate of 88% – since its software can scan the markets at a speed of 0.01 seconds quicker than any other data algorithm. When using the xBitcoin app – experienced users can also take advantage of unique trading features. 

The xBitcoin app also claims to secure users’ funds and data using various encryption devices and 2 Factor Authentication methods. On the app, xBitcoin app will also provide a built-in wallet to store digital assets safely. The xBitcoin app connects users with various brokers – who claim to be a part of regulatory bodies such as the CySEC (Cyprus Securities and Exchange Commission) and BaFin (Federal Financial Supervisory Authority). 

xBitcoin App – Pros and Cons

The sections below discuss the pros and cons of the xBitcoin app. 

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

How does the xBitcoin App Work? 

xBitcoin app is a newly launched Bitcoin and cryptocurrency app that supports digital assets trading. This platform deploys its software – which uses artificial intelligence and machine learning to scan the cryptocurrency markets automatically. 

By using several technical indicators and trading tools – the software constantly scans the cryptocurrency markets in search of actionable insights, new trades and much more. Since the platform claims to receive signals 0.01 seconds faster than its competition – it provides potentially successful outcomes to its users. For the user – getting started with xBitcoin app is a relatively straightforward process. 

Users can register their accounts through the app or desktop in a few minutes. xBitcoin app also claims to comply with AML (Anti-Money Laundering) regulations and requires new customers to complete a KYC (Know Your Customer) form. After this is achieved, a minimum deposit of $250 or more can be made. Notably, there is no upper limit on deposits – allowing users to trade with as many funds as they require. The software is also available on xBitcoin’s demo account – which mirrors live market conditions and lets one trade with virtual assets. 

Individuals can choose how much autonomy they wish to give to the automated trading platform. On the settings, users can put the software on manual trading mode. With this setup – users can receive trading signals and act on the tips at their discretion. However, the automatic mode can initiate new trades on behalf of the user. The platform has suggested that it works with various global brokers – who create new businesses for the consumer. 

xBitcoin app even leverages Meta Trader to assist in automatic trades on the platform. 

xBitcoin App Features

Convenient Automatic Trading

As mentioned above, the xBitcoin app supports automatic trading for various cryptocurrencies. Furthermore, trading through an app means that investors can access the platform when they are on the move. Available on iOS and Android, xBitcoin app can be used by virtually anyone. 

Users can initiate new trades when they are not using the platform through the automatic trading option. At the same time, they can customize the settings and act upon the various signals provided by the trading software as well. Another great feature is that xBitcoin is compatible with Meta Trader and Web Trader – which are popular trading platforms that can automate trades. 

Built-in Cryptocurrency Wallet 

On the xBitcoin app – users can also access the in-built cryptocurrency wallet. A cold wallet allows users to store all their digital assets under one roof safely. This cryptocurrency wallet can be accessed with a private key – which will be provided only to the wallet’s owner. 

Customer Safety 

xBitcoin app also tries to maintain customer safety by incorporating several security measures. In our xBitcoin app review, we found out that xBitcoin uses SSL (Secure Sockets Layer) encryption – which ensures the protection of user communications on an internet connection. 

TLS (Transport Layer Security) is another encryption that xBitcoin uses to protect internet communications. On the xBitcoin app – users must also complete a 2-Factor authentication (2FA) process to access their funds.

Demo Account

On the xBitcoin app, users can take advantage of the demo account. The platform suggests a demo account is provided, allowing one to practice trading with virtual funds. This account will mirror live market conditions and give users access to all the same trading tools and software as the original trading platform. 

This account type can benefit new users looking to get the hang of the platform without risking any real funds. 

Leverage Trading 

One of the critical features of xBitcoin is leverage trading – a method through which users can heighten the value of their trades. For example, if a user applies 50:1 leverage, every $10 in your account can be used to make trades for up to $500. 

Thus, if the price goes up, you can increase your earnings. However, leverage trading is risky due to the chance of heightening losses. Therefore, this feature may be used by investors with a high-risk appetite. 

xBitcoin App Fees

On xBitcoin, there are no additional fees to be paid. As mentioned above, the minimum deposit is the only time when funds will be taken from the account. Users can also access trading pairs and quickly switch their funds to fiat currency. 

However, there are no additional fees to access the software or account maintenance. While the no fees claim may appeal to users, we could not verify the credibility of these claims due to a lack of information available on xBitcoin.

xBitcoin App Minimum Deposit

On xBitcoin, users must make a minimum deposit of $250 before beginning their trading activities. There is no maximum investment size per day, meaning one can invest as much as they wish.

Does Elon Musk have any Affiliation with xBitcoin’s App?

Elon Musk is the CEO of Tesla and has recently been in the limelight for his takeover of Twitter – one of the world’s most significant social media applications. Musk is one of the wealthiest people in the world, with a reported net worth of more than $200 billion. In the past, Musk has made news for showing his support for popular altcoins such as Dogecoin.

Thus, many believe that Musk may have something to do with this new crypto trading platform. However, after looking at various Reddit threads and online forums, we found no information suggesting that Elon Musk has anything to do with the xBitcoin app.

Does Jeff Bezos endorse the xBitcoin app?

Jeff Bezos is another billionaire whose name has been thrown around with the xBitcoin app. However, the executive chairman of Amazon does not appear to endorse or have any relation with the xBitcoin app or trading platform.

Does Martin Lewis use the xBitcoin App?

Martin Lewis is an English-based financial journalist and broadcaster. He is famous for offering sound financial advice and founded the website – MoneySavingExpert.com. Thus, people want to know whether he uses the xBitcoin app. After researching more about the company, we could not find anything linking xBitcoin with Martin Lewis.

Who owns the xBitcoin app?

Despite the reputable features that the xBitcoin app claims to offer – there is not much news available on the owner of this organization. While big celebrity names such as Elon Musk and Martin Lewis have been rumoured to be associated with the brand – no evidence can verify this claim.

As of now, the owner of the xBitcoin app is anonymous.

Is xBitcoin App a Scam? 

The xBitcoin app claims to offer automatic trading features for multiple cryptocurrency assets. Furthermore, the platform suggests using SSL encryption, 2-factor authentication and other features to protect users. 

However, there is little evidence that can help us confirm any of the claims made by the platform. Thus, we recommend that users research and adequately analyze the platform before investing. 

How to Begin Trading with xBitcoin? 

The steps below show interested users how to begin trading with xBitcoin App. 

Step 1: Create an Account 

The first step is to access xBitcoin via the app or the online desktop.

Users can enter their personal information to create an account, including their full name, email address and phone number. 

Step 2: Make a Minimum Deposit

The next step is to make a minimum deposit of at least $250. Users can do this through a credit card or an e-wallet option such as Skrill, Neteller or PayPal. After entering the amount to deposit, confirm the transaction. 

Step 3: Begin Trading 

After making a minimum deposit, you can access the built-in software that xBitcoin offers. User can customize their preferred trading options through the setting option and begin investing in the top cryptocurrency assets in the space. 

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

Available Payment Methods with xBitcoin

Here are some of the payment methods that can be used on the xBitcoin app:

• PayPal
• Neteller
• Webmoney
• Union Pay
• Skrill

What is the Success Rate of the xBitcoin App?

The xBitcoin website claims to offer a success rate of 88%. This high number is due to the software leveraging artificial intelligence to scan the markets for potential trading signals. However, we could not find much information to verify the claims made by this organization.

How do I delete my xBitcoin App Account?

Deleting an account on xBitcoin app is a straightforward process – as the account can be terminated from the menu. However, users can terminate their accounts with the third-party brokers the site claims to work with. Any issues when closing the account can be taken up with the xBitcoin customer service.

 xBitcoin App Customer Service

xBitcoin has taken many measures to ensure customer safety via SSL and TLS encryptions along with 2FA verification setups. Moreover, the platform also aims to offer a customer service team that is present at all times to help users with their account queries and problems.

While we could not find any customer ratings on Trustpilot or a similar platform, xBitcoin does state that its customer service can be accessed through live chat and email.

Conclusion

In this xBitcoin app review, we have looked at this new cryptocurrency trading software. The xBitcoin app lets users access software that states to use artificial intelligence and machine learning to scan the cryptocurrency markets automatically. 

Users can begin trading with xBitcoin after analyzing the platform and making an investment decision. 

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

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