Bitcoin Prime Review: Scam or Legit?

March 3, 2021

We understand that many new investors who are curious about investing in Bitcoin, may have some concerns, especially those who do not have a lot of experience. More and more users are registering with tools like Bitcoin Prime. These trading systems were programmed to help new and experienced users succeed on the cryptocurrency market.

We decided to test and analyse the Bitcoin Prime trading system to check whether the software works and whether it is profitable for new users.

What is Bitcoin Prime?

Bitcoin Prime is a trading system that is fully-automated. Its main aim is to help users gain profit through trading cryptocurrency. After conducting numerous tests, we have found Bitcoin Prime to be very reliable and capable. You may find that there are many Bitcoin Prime user-testimonials online. Bitcoin Prime is growing in popularity, particularly because new investors do not need any prior skills or experience. Because the trading system is automated, it does everything on your behalf. All you need to do after registering is configure your setting to minimize your risk of loss. We decided to do an in depth review of the trading system to provide you with as much information as possible.

Is Bitcoin Prime Trustworthy?

The good news is that Bitcoin Prime is a legitimate trading system. We tested its features and did our research. We found that Bitcoin Prime users regulated and licensed brokers to manage your accounts. We should warn you against investing in a trading system that does not have brokers. We also found that Bitcoin Prime offers users a free demo account. This allows you to test whether this trading system is for you or not. It can be used for educational purposes too. Any investment does have its risk, this is why we caution our users to make sure they do their homework, whenever investing in a trading system. Your personal information is safe too. Bitcoin Prime users encryption and anti-virus software to protect you from hackers and scammers. However, it is your responsibility not to share your personal or account information with anyone else.

How do I Begin Trading with Bitcoin Prime?

Now that we have determined that Bitcoin Prime is not a scam, we can proceed to getting you ready for live trade. We’ll take you through the process:

Registration

To begin, you will need to register. All investors must have a registered account to start trading with Bitcoin Prime. We found the registration process to be quite easy and the best part is that it is free. All you need to do is complete the form below and wait for a consultant to call you.

Bitcoin Prime

Register through ICODATA and get a free account manager to help set up your account.

Make a deposit

To start with Bitcoin Prime, you need to make a deposit of Є250. This deposit is your first investment. Meaning it will be used for trades. You can make your deposit via, debit or credit card, Wire Transfer or using a MasterCard. Once the deposit is paid you will have full access to the rest of the features.

Demo-trading

Once you have paid a deposit you can go ahead and demo trade. The demo trading feature is a replica of the live trading feature. You will basically be placing trades based on historical data. This will allow you to build up the skills and experience that can enhance your trading performance. The demo trading account is completely optional.

Live trading

You can move directly to live trading if you are comfortable. All you need to do is configure your account settings with the help of your account manager. This includes deciding when you will open and close trading sessions and setting a stop loss limit. With the right settings you can minimise your risk of losses significantly.

How Does Bitcoin Prime Work?

Bitcoin Prime is powered by a very intelligent algorithm that is programmed to scan the markets and find the most profitable for you. The algorithm is fast and very efficient. It is able to adapt to sudden changes in the market and works around the clock to make sure you get the most out of your investment.

Bitcoin Prime’s Key Performance Areas

  • Powerful trading system: The Bitcoin Prime trading system is able to study large amounts of data and extract the most accurate trading signals from there. The algorithm can do both technical and fundamental analysis.
  • Highly rated trading system: As mentioned before, there are many positive Bitcoin Prime reviews online. The majority of testimonials report and amazing trading experience.
  • Licensed and regulated brokers: Bitcoin Prime has partnered with licensed and regulated brokers, who help manage your account transactions.

Bitcoin Prime Key Features

We thought it would be helpful to list some of Bitcoin Prime’s key account features, so you know what you’re investing in.

Brokers

When you register an account with Bitcoin Prime you will have access to all of the systems main features, this includes brokers. Bitcoin Prime has partnered with brokers who work in conjunction with the trading system. These brokers are regulated and licensed.

Payouts

We found the payout feature to be equally impressive. After making your earnings, you can make a withdrawal request. Once the request is approved, your funds will reflect in your account within 48hours. All the profit you make on trades will be visible on your account. We encourage you to always withdraw your earnings, so you can easily distinguish between profit and investment capital.

Costs or Fees

There are no hidden costs or fees with Bitcoin Prime. You will be made aware of all costs to your account. There is no registration fee charged when signing up.

User-testimonials

The quickest way to find out if trading systems are legit is to check user-testimonials. We’ve checked and found that Bitcoin Prime is highly sought-after. There are many positive user-testimonials online.

Customer Service

Bitcoin Prime has a very effective customer support service that is available 24hours a day, five days a week. You can contact the Bitcoin Prime customer support service via email, live chat or telephonically.

Why Trade with Bitcoin Prime?

With Bitcoin Prime you are able to speculate on over 80 Bitcoin CFDs pairs. The algorithm is able to place up to 15 trades per second. The trading system also makes use of regulated and licensed brokers, using a trading leverage of up to 5000:1. This leverage means that you can earn huge profits from a small investment. The trading system has a variety of tools at your disposal to help you minimize your risk of major losses. Your account manager will help you configure your settings, such as set a stop-loss limit and deciding when to open and close trades.

Is Bitcoin Prime Profitable?

Bitcoin Prime has received many positive user-testimonials, attesting to the profitability of the trading system. Many investors have reported satisfying results after trading, even in the initial stages of their journey. Although there are always risks when investing in the cryptocurrency market, there are success stories too.

Smart Investing- A Few Tips for Starting Out

To minimise the risk of losing funds, here are a few tips you should take into account:

  • Start small– the first financial deposit should be a minimum of €250. This amount of money is enough for any investor to gauge the validity of the platform and earn a profit while learning more.
  • Reinvest– more money is made when reinvesting after the first withdrawal. We suggest reinvesting some of the earnings made initially.
  • Learn from the experts- read reviews or guides such as this one to assist in your understanding of this system. Cryptocurrencies can become complex and sometimes a basic understanding is not enough. A careful investment is way better than an irresponsible one.

Have Big Companies Invested in Cryptocurrency?

Yes. There has been mainstream adoption from a few major companies. Many experts predict that this is a game changer for the cryptocurrency market. Since these companies are now endorsing bitcoin as a profitable asset.

Has PayPal Invested in Bitcoin?

PayPal has not invested in Bitcoin, but the company is now allowing its account holders to buy and sell cryptocurrency. PayPal is very positive about its migration toward digital payments and digital representations. The company is also allowing users to hold cryptocurrency too.

Has Tesla Invested in Bitcoin?

Yes. Tesla, the American electric vehicle and clean energy company co-founded by Elon Musk, made an announcement recently in a filing with the Securities and Exchange Commission, that they have bought $1.5 billion worth of bitcoin, and are now accepting bitcoin as a payment option. This makes Tesla the first major automaker to accept bitcoin.

Have Celebrities Invested in Bitcoin?

There have been rumours online that many celebrities have invested in Bitcoin. We decided to investigate these claims to find out whether they are true.

Has Elon Musk Invested in Bitcoin?

Elon Musk has been one of many businessman who have expressed positive commentary when it comes to Bitcoin, infact, recently he added the hashtag #bitcoin to his Twitter profile. In addition to this, the company he co-founded and leads, Tesla, has invested $1.5 billion in Bitcoin and is working on allowing its customers to make payments using the cryptocurrency.

Has Deborah Meaden Invested in Bitcoin?

Deborah Meaden is a British businesswoman and TV personality who ran a successful multi million-pound family holiday business, before completing a management buyout, but is now best known for her appearances on the BBC Two business programme Dragons’ Den. There have been reports that Deborah has invested in Bitcoin. We can confirm that these claims are false. We have found no proof that Deborah has made such an investment.

Has Bill Gates Invested in Bitcoin?

Bill Gates is the founder of Microsoft and is considered to be one of the richest men in the world. There have been reports that the billionaire has invested in Bitcoin and that this has added to his wealth. Although, he has expressed interest and even given his opinion on the cryptocurrency. We have no proof that suggests that Bill Gates has invested in Bitcoin. We do know that he has received Bitcoin as a birthday present.

FAQ’s

  • Is Bitcoin Prime legit or scam?

According to various reports and reviews, Bitcoin Prime is legit and not a scam. Many investors have left reviews where they have received or generated a profit after investing.

  • Will I make a profit with Bitcoin Prime?

There are many investors who claim to be making €1k+ per day with Bitcoin Prime. This may vary depending on the investment you make initially.

  • Can I withdraw the Bitcoin on my Bitcoin Prime account?

Unfortunately not. You won’t really acquire the Bitcoin, it will be used Bitcoin available in the market by the broker of your choice.

  • Should I invest with Bitcoin Prime?

Bitcoin is a very volatile asset and many people have claimed that it has made them millionaires overnight. Bitcoin Prime is a good idea to start for beginners.

  • Does the Bitcoin Prime have a high success rate?

According to sources it does. An estimated success rate of over 88% is predicted.

  • Have celebrities endorsed the Bitcoin Prime?

Many celebrities have shared their positive opinions around Bitcoin Prime but none have openly endorsed it.

  • Why are there so many products similar to the Bitcoin Prime and do they all offer the same benefits?

The cryptocurrency market is broad and there are many other tools that now exist as a result of Bitcoin Prime, this does not necessarily mean that these tools are better. Be alert for scammers using these tools and stealing your funds.

  • Is it mandatory to have Bitcoin savings before using the Bitcoin Prime?

No. You do not need any Bitcoin savings to use the Bitcoin Prime software. The tool was created to enable people to make profits without needing to buy and save the cryptocurrency.

Why We Recommend Bitcoin Prime

We have thoroughly tested the Bitcoin Prime trading system and we have found that it is efficient and helpful in generating profits for its investors. It has a dedicated customer support team on hand, dedicated account managers and it has partnered with regulated and licensed brokers to make sure your account is managed properly and transactions are accurate. We believe that Bitcoin Prime should be considered as a helpful trading tool for new investors especially.

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