BitQL Review: Is it Legit or a Scam?

May 19, 2021

Bitcoin has fast become one of the most popular digital currencies in the world. It now has millions of investors and traders using the digital asset as a means of making and storing money. Even celebrities like Elon Musk have tweeted about using cryptocurrency.

Now I am sure you are here as you are looking to join in on the action. There are so many reasons you should trade Bitcoin from its volatility to its profitability. The digital currency has shown over and over that it can produce its users with constant and above average returns. But what do you need to trade these fast paced currencies?

The most important tool is your trading system. The system you use to trade can drastically affect your profitability when trading. The speed and features of a platform will either make trading a breeze or a nightmare. Today we are going to look at BitQL to see how its trading platform matches up against some of its competitors.

What is BitQL?

BitQL is a state of the art trading platform that allows users to trade on the cryptocurrency markets. Unlike the traditional systems which are slow and expensive, BitQL is fast and has extremely low fees. This makes trading easy and low-cost.

BitQL also has a number of features that make the platform standout from its competition. These include trading limits, trading signals and automated trading. These features have been designed to make the platform more profitable and easier to use. All these features are found on the BitQL system which is easy to use and navigate.

The BitQL platform is still fairly new on the market but has managed to get some amazing reviews.

How to Start Trading on BitQL

Now that you have seen the abilities and characteristics of the BitQL. You are probably wondering how to get started and sign up for this trading platform. You are also probably wondering how expensive this trading platform is and how much you will need to lay out for the deposit. Luckily we answer all these questions below:

Step One: Open an Account

The first step is to fill out the form below to start the sign up process. It is that easy. Just fill out the form below and you will be on your way. BitQL will only need your essential information, no credit card details will need to be given at this point.

Once you open your account you will be contacted by your account manager. They will help you to login to the BitQL platform. While your access is limited until you verify yourself, you can get a glimpse of the state of the art system.

BitQL

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

Step Two: Verify Yourself

BitQL is regulated by the relevant authorities and has to follow specific verification guidelines that the regulators set out. They have to perform a KYC or Know Your Customer verification process. This is to ensure there is no fraud, money-laundering or similar happening. They will require you to submit identification documents to show who you are.

Luckily, your account manager will work with you to make the verification process easier.

Step Three: Make A Deposit

The next step is to make your deposit. This gives you access to the whole trading system and allows you to take the steps to start trading. The minimum deposit with BitQL is only Є250 to start off with. This deposit will also be used as your initial investment capital. This means you won’t need to deposit more money to start trading as BitQL will use your deposit for your first trades.

What we recommend: Start with the minimum initial deposit for your first attempt at trading. Then add more money when you start getting the hang of things and making profits.

Step Four: Start Trading

This is where you will see the user-friendliness of the platform. The platform has been built to stand out from the other trading platforms through its user interface. It is easy to use for traders just starting out and complex enough for seasoned traders. This is the best of both often not seen on other platforms.

You will be able to see why so many traders have made this their main trading platform due to its profit making abilities.

Is BitQL Legit or Scam?

There are a lot of scam platforms out in the world. This has left many users and potential users worried about the safety. With cybercrimes on the rise, this is a justified concern and it is vital that you check that a platform is legit.

We can confirm that BitQL is legit and not a scam. We did some online research, looked at reviews, and read some surveys and found an unprecedented amount of data showing that BitQL is credible. Their users applaud their security systems and customer service. We have created a three step system to help determine whether a platform is legit and here are the results from BitQL:

  1. BitQL uses registered brokers. These are brokers who are regulated to ensure that your information and data is safe. They have gone through these brokers meticulously to make sure they only partner with the legit ones.
  2. BitQL has the newest security systems. This guarantees that your data and personal information is safe while you use the BitQL software. With the rise of hackers, this is a vital feature.
  3. BitQL has a real support team. The common telling point of a scam is they have no humans to talk to in their support team. BitQL has 24/5 support via telephone, in platform chat and email.

Should you trade Bitcoin/ Cryptocurrency?

Many people have differing opinions on Bitcoin as an investment, but Bitcoin as a trading asset cannot be disputed. In the past, traders used to think that trading major currency pairs was the only way to make profit. This was often due to volatility and liquidity constraints of the other asset in the marketplace. However, today that is no longer the case. Traders have the choice of many currency pairs, CFDs and commodities to trade. But none of them match the Bitcoin Markets and Cryptocurrency Markets.

The Bitcoin Market, Bitcoin Pairs and other Cryptocurrencies are some of the most traded assets on the world markets. This is because unlike other assets, they run and can be traded 24/7. This gives investors all around the world unlimited access to trade the swings and patterns in their mission to get profits.

Here are Three more Reasons to Trade on the Crypto Markets:

High Volatility

New traders may struggle to grasp the importance volatility plays in the trading arena. If you want to be making consistent short and long term profits, you must trade volatile assets. If the assets don’t move or move slowly. Your profits are slow and eaten up by interest from your margins.

The Cryptocurrency markets are known as some of the most volatile and fast-paced markets in the world. With platforms like BitQL making trading the markets a breeze, you can easily.

The Market Movement is Easy To Understand

If you have ever traded Forex pairs, you will know the struggle in finding the trends. This is because it often runs on a major long-term trend.

Bitcoin on the other hand can be traded regardless of the trend. This is thanks to the volatility and the way the asset is traded.

Not as Influenced by the News

Forex and CFDs are hugely impacted and often driven by the news. Unlike them, Bitcoin has been shown in studies to be less influenced by the news. This means less fundamental analysis is needed when trading Bitcoin as opposed to Forex.

Five Features of BitQL that Stand Out from its competitors

There are many trading tools on the market, making the choice very difficult. However, there are a number of features that make BitQL standout. These features have all been designed and added to help make trading easier and more profitable.

Here are five standout features you need to know about:

Stay Ahead of the Market: The BitQL programming is way ahead of the financial market. It is said to be 0.01 seconds ahead of the market. This speed can help you make fast and accurate trades. With markets as fast as the crypto markets, your trading system needs to be fast.

Profitable Trading Signals: BitQL is able to detect even the smallest changes in the market. Which means it can produce the most precise trading signals on the platform for you to act on.

No Registration Fee Required: BitQL, unlike other similar trading tools, does not charge any registration or brokerage fees. All you need is a minimum deposit. This lets you put more money toward trading.

Online Platform: Once you have registered, you can access the BitQL platform from anywhere in the world. There is no mobile app yet, but we predict that there will be one soon. You can access it via all popular web browsers. All you need for now is an active internet connection.

Affordable Minimum Deposit: BitQL only requires a minimum deposit of €250. This makes it affordable for traders to get started. This deposit will also be used as your first initial capital investment which will be used to trade. We suggest you stick to the minimum deposit. You can always deposit more once you make your first earnings.

The Verdict: Should you use BitQL

BitQL is one of the latest platforms to hit the crypto markets. This system has been shown to be one of the best around. It has only been around for a short while and already has numerous reviews and recommendations online. This is thanks to the design team who consulted real traders while building the system.

Security is of a top priority at BitQL. The system uses the latest encryption and security systems to ensure that the platform is secure and safe to use. The platform also ensures that the brokers it is using are legit, regulated and licensed in the right jurisdictions. This gives investors a peace of mind.

The platform has some of the fastest response times we have seen helping you stay ahead and profitable. The system also has a sophisticated signalling system that helps you see the latest opportunities happening in the market.

The automated trading system is a great feature that helps new and experienced traders save time and trade more profitably. The system allows traders to set the trading system to make trades within specific sessions and trading limits. This helps you to remain in control while still saving time.

Stop considering and stop earning with BitQL! Invest Today!

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