Crypto Trader Review: Scam or Legit?

  • by

The world is in awe of the returns being seen in the Cryptocurrency market. With major returns being seen now after Bitcoin soared past $50k, the amount of traders and investors starting to consider cryptocurrency as a viable option is growing by the day. And with systems like Crypto Trader making the process much easier than before, the new signups are predicted to keep climbing.

No longer do you have to be a pro to trade Bitcoin. With sophisticated algorithms such as Crypto Trader allowing users to trade without any experience. This is thanks to their automated trading system that allows users to essentially trade while they sleep.

Is Crypto Trader Legit? Do they have an automated trading system? Read on to see our full in-depth review on Crypto Trader.

Is Crypto Trader a scam?

With so many new platforms joining the marketplace, it can seem overwhelming and impossible to tell who is who. It can be even more complicated to tell which platforms are legit and which are complete scams. It is vital that you as the potential user of a platform, do your research before signing up. This research can be done by reading review articles, reading online user reviews and checking the information given on the systems website?

What information to look out for?

Platform websites can often be filled with lots of information and data making it hard to find what you are looking for. But what exactly are you looking for?

You are looking for information that helps prove that these systems are safe or not. These are some of the common scams and what to lookout for:

  • Which brokers do they use?

Brokers are the people who process the actual trades. These people are well trained professionals who have to be registered, licensed and regulated with the market regulators to be able to process your trades and be a broker. A fake broker will not have a registration number or regulation number. 

These are the numbers issued to the broker by the regulating authority. These numbers are unique and can be checked on the regulating authorities website.

Crypto Trader for example only uses registered brokers who are licensed. This gives its users peace of mind that their data is safe. 

  • Can you call them?

I know this sounds incredibly simple. That’s because it is. Being able to call a platform’s support team and speak to a real person is a big step in the right direction. Most scammers do not want to share their information or talk to you at all. As this opens them up to getting caught. Instead they will just point you to other pages or have false numbers.

Try talking to their support team through one of their channels to see if they are legit or not.

Crypto Trader dominates this point. They have an attentive support team available twenty four hours a day, five days a week. This is some of the best support we have seen offered by a platform.

  • Crypto Clubs

Crypto clubs are a common Ponzi scheme that has caused many investors to lose a lot of money. These scam platforms draw users in saying that investments are pooled together for better returns. Another tactic they use is to limit when you can withdraw, examples “Invest now and withdraw in a year’s time”. A year down the line the company will be gone, and so will you money.

These Ponzi schemes play on investors’ emotions to draw them in with the chances of unrealistic returns. Crypto Trader is definitely not one of these platforms. You can withdraw your money at any time! 

  • Fake Cryptocurrencies

Another popular scammers trick is to use fake currencies or fake ICO’s. It is vital to only take part in these offerings through registered and regulated brokers. These scammers draw on the public’s want to get in early and before the price rises. To buy the next Bitcoin while the price is still low. They then take your money and disappear leaving many devastated. 

Unfortunately with the world of Cryptocurrency still relatively young, it can be hard to distinguish between the real and fake currencies. This is why it is crucial that you sue registered brokers to assist you through the process. 

  • Using Celebrities as Clickbait

Many of these scammers use celebrities as clickbait in their social media ads. These celebrities are popular amongst the people they are targeting and they play off their reputation. They fabricate false rumours of specific celebrities investing in Bitcoin to draw your interest.

It is vital that you check up on these rumours to see if they are true or not. Coin Insider does regular celebrity reviews to help share the truth and squash the fake rumours. 

Crypto Trader is a legit platform. With Registered brokers who are licensed and regulated, they are far from a scam. They also used the latest security systems to ensure the users on their platform are safe from attack. 

What is Crypto Trader?

Crypto Trader is a combination of the latest software, the latest features and the best user interface seen on the market. No longer will you feel lost and confused when trying to make a trade. Crypto Trader has demolished the confusion and left you with a top class trading system.

The system allows you to trade an array of different digital currencies including Bitcoin, Bitcoin Cash, Etherum, Ripple and more. They are also constantly exploring and adding new currencies to ensure you have the best possible chance of profitability in the markets. You will never need to miss out again.

The automated trading system is another great feature on the Crypto Trader Platform. It allows even the newest of users to trade profitably. The system has shown some significant profitability reports due to its complex trading algorithm. This algorithm was carefully designed and created with input from real traders. It also took lots of testing on historical data to ensure the system is successful. 

The system has also been built on the latest technology allowing for fast and better responsiveness on the platform and better security. Part of the technology was focused on ensuring safety. Users can be ensured that safety and reliability are a top priority for Crypto Trader. The users can also be assured of ultra fast response times leading to effortless and more accurate trading.

How to Get Started on Crypto Trader

Now that you have seen what Crypto Trader can do and characteristics of the platform. 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: Get Registered

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. Crypto Trader will only need your essential information, no credit card details will need to be given at this point.

Crypto Trader

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

Once you have filled out the form and submitted your details, you will be allocated to an account manager. This makes the whole process so much more relaxed as you will have an actual person to help you through the whole process. They will be able to lead you through the verification process and solve any issues you may have. And they will be in contact with you from then on.

Step Two: 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 Crypto Trader 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 Crypto Trader will use your deposit for your first trades.

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

Step Three: Try out the Demo Account 

Wouldn’t it be cool if you could practice without any risk? Wouldn’t it be unbelievable if you could learn without trading for real?  

Well, luckily you can! With Crypto Trader, you have access to a demo account that functions and feels exactly the same as the live trading platform. This allows you to practice, test and familiarize yourself with the system before you trade for real. 

We always suggest testing out the demo account until you know you are ready to trade for real.

Step Four: Move into Live Trading 

Now that you have tried and examined the platform you are presumably impressed and excited to get started. At least we were fascinated. You feel like you are using a very expensive platform and what’s crazy is the platform is absolutely free! 

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.

Should You Try Crypto Trader’s Auto Trading Feature?

Trading can be hard, especially when you’re new to trading on the cryptocurrency market. It can also seem that without being an expert, you cannot trade. This is untrue! While you are able to learn and become an expert, it does take some time and practice. So what are your options then if you want to trade now? 

A great option is using the auto trading that Crypto Trader offers. The platform automatically makes trades within the sessions and markets you define. It also operates within the trading limit that you set. This allows you to carry on with your life, checking in for 20 to 30 minutes per day to see your profits and results. Some studies suggest that automated systems may be more profitable than normal systems. 

Many traders have said that using an automated trading system was easier than trading themselves. 

Advantages of using an Automated Trading System:

  • Trading is free of human-error.
  • The system can be tested on historical data.
  • The system is very disciplined and not swayed.
  • It allows a user to have multiple accounts.

Disadvantages of using an Automated Trading System:

  • There are on rare occasions minor system issues.
  • Does require some monitoring, but only 20-30mins per day. 

It is no wonder that Crypto Trader is growing so fast. With a top class automated system, it certainly stands out. The time saving benefits of using an auto trader are also very beneficial. An automated trading system is a great option for traders who have other focuses and cannot spend large amounts of time trading and learning to trade.

Celebrities who Trade Cryptocurrency?

With Cryptocurrency being such a talked-about subject at the moment and many people trading and investing in it, you are probably wondering what famous people trade cryptocurrency? Are there any?

We spoke earlier about spam platforms using celebrities as clickbait, well here is what we found on 5 well known figures who had rumours written about them.

The answer is yes there are a few celebrities who have stated that they have interests in Bitcoin:

  1. Lionel Messi – Many people have asked about this famous soccer player Crypto investments. Although Lionel Messi has not said he owns or trades Crypto, he has stated and partnered with Blockchain companies. So there are many speculations.
  2. Gordon Ramsay – The famous British Chef and TV personality has not yet invested in Bitcoin. 
  3. Somizi Mhlongo – Somizi has not invested or traded in Bitcoin and released a statement on Social Media stating this.
  4. Trevor Noah – The Daily Show host is popular in the world of TV. However, he has not yet invested or endorsed Bitcoin.
  5. Cyril Ramaphosa – The South Africa President and Businessman has made a lot of money investing in companies. But he is not yet involved in Bitcoin.

With many rumours around, a lot of them are false. But there are still a number of celebrities who are using and investing in Bitcoin. 

 Other Features on the Crypto Trader platform

Crypto Trader is a fully automated live trading system that is relatively new to the crypto markets. The system uses the top security software available. 

But what additional features set Crypto Trader apart from its competition? 

  1. Users can trade in six different languages: English, Spanish, French, German, Italian and Dutch. This means no matter what your home language is, there is a good chance you can use Crypto Trader to trade successfully. 
  2. It can trade many different crypto pairs. Diversifying is very important when it comes to investing. Even the likes of Warren Buffet have said not to have all your eggs in one basket. Crypto Trader offers trading on Bitcoin, Ethereum, Ripple and others to help you diversify. 
  3. Latest Technology. Because the system is newer than a lot of its competitors, it has the benefit of being built on newer technology. This means faster response times and newer technology.
  4. One Best Reporting Systems in the Industry – the Crypto Trader system offers state of the art reporting. This allows traders to receive the latest updates on their profits via email or even SMS. Even when the automated trader is trading, you are still kept in the loop. 

Our Verdict: Crypto Trader Review

Cryptocurrency is becoming more and more popular. With great returns, movability, liquidity and more companies accepting it as a form of payment. This makes it a great option and alternative to a country’s currency. Some experts have stated that the blockchain technology is also more secure and transparent than the current financial systems used today. 

The market is also a profitable investment option as shown by many reviews and returns. Some of the reviews say that fast and efficient platforms like Crypto Trader are key to getting good profits. 

Crypto Trader has demonstrated its commitment to safety with its latest encryption and security systems as well as their due diligence with the brokers they use. This helps assure users that their data and money is safe. 

These systems along with their 24/5 support team and registered brokers show us that the system is legit and not a scam. 

Crypto Traders Automated trading makes it easy for both beginners and experts to get going on the platform in no time at all. With the help of your Account manager you can be guided through the process.

Stop considering and start making profits with Crypto Trader. Sign up Today!