With the Bitcoin Era upon us and so many investors jumping at the chance to buy some Bitcoin, many new investors are looking towards the Bitcoin Era platform as a tool to use for their future investments. With so many platforms on the market, it can be confusing as to which platform to choose and with so many scam brokers out there it can be confusing as to who is legit and who is not. This is why we are writing a review on Bitcoin Era to investigate if it is legit or not and what features it offers its investors.
Is it user-friendly and easy to navigate for new users? Are automated platforms effective in generating profits? These are some of the questions we answer in this comprehensive review.
What is Bitcoin Era?
Bitcoin Era is a trading platform that allows its users to invest in multiple cryptocurrencies easily from its online, web-based platform. The Bitcoin Era web platform is available via your web browser. Unfortunately, there is no app as yet, but we predict there will be an app available in the near future. For now, all you need is an active internet connection to begin.
This platform has been redesigned to be easy to use for both new and experienced traders. Unlike other platforms, it has been designed and tested by many traders of different skill levels to create one platform to suit the newer and more advanced traders. Bitcoin Era has some distinct features that allows it to stand out from its competitors.
One such feature that has been much anticipated is the automated trading feature. This allows traders to set up the trading system to trade between specific trading sessions within specific limits. Doing this literally means you can trade while you sleep. But what many are asking is, can it perform as well as a human can? The answer is yes! Bitcoin Era is free of human-error, meaning it is incapable of making decisions based on emotions.
The Benefits of AI trading
AI or automated trading is becoming more of a norm in fast-moving, high volatility markets. The Cryptocurrency markets are one of those markets. But some traders are concerned that these AI traders will not be as good or as effective as human traders. Now there are many theories and while we cannot give a definitive answer yet, we can give you some benefits of using an automated trading system like Bitcoin Era:
- AI has no emotions and is therefore incapable of making irrational decisions. This means that all trades placed by Bitcoin Era will be based on a logical explanation.
- They are built by traders. AI trading algorithms are built by traders. This means they are designed and tested by people who actually make money trading the markets.
- They are fast. When you are monitoring the markets, you can look at one thing at a time. An automated system can look at many different currencies and factors and react instantly when there is a trade to be made.
- It is time effective. You don’t have to be at your desk all the time, you can spend that time making money elsewhere or spending your profits.
- Bitcoin Trader is great for new traders. Many studies have shown that it can take a lot of time and practice to master the art of trading. Using an automated trading platform allows a trader to trade live with the system and practice trading using their realistic demo trading platform.
How do I Start Trading with Bitcoin Era?
So now that you know what Bitcoin Era is, how do you get started? The process has been made easy and straightforward for you by the Bitcoin Era team.
Here is how you get started:
Registration & Sign Up
No longer do you have to read through hours of paperwork and wait for ages for someone to get back to you. Gone is the difficult signup process and long verification process. Bitcoin Era has worked hard to simplify this process while still complying with all relevant regulations.
Another feature they have added is the personal account manager. This account manager is assigned to you as soon as you sign up. They will be there to assist you every step of the way. From answering questions to helping you upload docs, their account managers are here to make your life easier. Start by filling out the form below and your account manager will contact you:
Make a deposit
The next step will be to make the affordable Є250 deposit. This will give you access to the entire platform. And you don’t need to worry, this is not a fee. All the money you deposit will be added to your trading account for you to trade. We always recommend that users start small and deposit more when they start to make profits. Payments can be made through the secure and encrypted payment system using your Credit or Debit Card, Wire Transfer or Mastercard.
Have you used a platform where the demo account looked nothing like the real platform? This can be very frustrating as it is not worth traders spending their time using demo platforms that are not realistic. Bitcoin Era’s Demo Platform is not like that. They have spent a great deal of time making the demo platform so realistic that it is hard to tell the difference. You can easily spend hours trading on it. This is a great feature as it allows traders to get used to the platform as well as try new strategies without risking their own money.
With your deposit made, your account verified and you have tested the demo account, you can now move to the live account. We do recommend using the demo platform as long as you need and until you feel comfortable to switch to the live platform. You can also go back to the demo platform to practice again. It is better to be over prepared than underprepared. Your account manager will also help you set your trading limits and stop-loss to limit losses and keep the automated system in line with your goals and wants.
The live platform allows you to see how easy the platform is to use. It is easy to navigate and use for both new and experienced traders. The platform really stands out in terms of its user-friendly nature.
Is Bitcoin Era Legit?
We analysed the Bitcoin Era platform very closely to find out if the platform is as legit as it claims.
We did this by looking at three key areas:
- Do they use Registered and Licensed Brokers?
- What do their Online Reviews Say?
- Is there a human support team that you can contact?
These questions allow us to look at each platform in the same way. We did the same comparison for Bitqt platform. These questions have been designed to find the three key areas that scam platforms often fall short of.
Do they use Registered and Licensed Brokers? Yes.
If you have a scam broker, chances are you’re using a scam trading system. Most licensed brokers will not work with scam systems as it puts their license at risk with the regulating authorities. After doing some research we found that Bitcoin Era does indeed use licensed and registered brokers. This is a good step to showing they are legit.
What do their online reviews say?
Online reviews are another key element of evaluating the legitimacy of a platform. It is important to look at the reviews and see if they themselves are legit. Looking on sites such as TrustPilot and similar you will be able to see what score the users or reviewers have given the platform. You will also be able to see what the people are saying about the platform. What are they highlighting and what are they mentioning? Are there any bad reviews?
When we looked into Bitcoin Era we found great reviews all around. Some users on trust pilot are saying that it was great for first time traders. Others mention how good their customer service is. This is another feather in Bitcoin Era’s Cap.
Is there a human support team that you can contact?
We all have issues from time to time with platforms, and when we do, we need to have a support team who can help us. Most scam brokers won’t let you chat or talk to real people. They will only have some vague FAQs and no support email or chat feature. This is a clear sign that a platform may be a scam.
Bitcoin Era has a 24/5 support team who you can talk to via email, telephone or even the in-platform chat. This is not only a good feather in their cap, this is some of the best support we have seen.
Passing all three of our questions with flying colours, it is clear that Bitcoin Era is not a Scam. We always recommend that users do research before they invest to ensure a platform is legitimate. lucky for you, it is not.
How to Use Bitcoin Era to Trade Bitcoin
Trading Bitcoin is probably why you are looking into this platform. So how do you use Bitcoin Era to trade Bitcoin? There are many strategies for trading and we don’t want to get into all of that, but let’s start with what things you can do to better your chances at trading profitably:
- Monitor what causes price movements. Knowing what makes Bitcoin’s price move will help you in predicting and planning trades. News, Press releases, Twitter and Celebrities all influence the price and it is important to keep track of these media items. Other factors include new laws and restrictions that affect Bitcoin.
- Limit your exposure. Exposure is essentially the amount of money you have on the table. Too much and you can lose it all, too little and you won’t make any money. Use your trading limit to help limit your exposure.
- Set a stop-loss limit. Stop-losses are triggers that automatically close a trade when it reaches a certain price. This is helpful if the price suddenly changes and you are unable to close the trade. Using a stop loss can help limit losses and lock in profits.
- Don’t avoid shorting. Shorting a stock is essentially borrowing a stock to sell and then buying it back at a lower price. This helps you profit when the markets are moving downwards. Many people are scared of shorting and avoid it, but many successful traders have said that using shorting can form part of a successful strategy. So do your research, and learn how to use short correctly.
- Cut your losses. Don’t get attached to a trade and hang on forever. If it is not making money, cut it. Chances are it won’t make you money later.
- Use automated trading. Automated trading is a great way to profit from the markets according to some studies. This allows you more time and freedom as you don’t need to be at your computer as much.
Our Verdict on Bitcoin Era
Bitcoin Era is a great option for new and advanced traders. It is not a scam and has many reviews online talking to its great platform. The platform is very user friendly and has been said to make adjusting easy. Signing up for Bitcoin Era is easy and straightforward. You even get an account manager to help you along the way. With the low deposit of Є250, it is very affordable.
Their automated system is one of the best and allows traders the freedom to not have to be at their desk the whole time. With so many great features, there is no reason to wait any longer. Sign up for Bitcoin Era and start your trading journey.