BitQT Review 2021 UPDATED – Test Results
Are you looking for a way to make passive income online? If so, you probably don’t have a lot of time or don’t want to invest so much of your time. Therefore, trading with cryptocurrencies is an option for you. According to some reviews, you could become a billionaire and make a living doing it. Those who are interested should continue reading to find out more.
Cryptocurrency, sometimes called crypto, is a virtual currency that works as an exchange for traditional money to Bitcoin. You can find a variety of other options, such as Ethereum, Ripple, or Litecoin, but Bitcoin is the most popular. You might even find some merchants that work online and offline who are going to accept cryptocurrency as payment for a variety of services and products. Plus, you can find many platforms that allow you to trade crypto. Still, it’s important to know which ones are scams and which are genuine.
BitQT is a trading platform for crypto and is said to be a successful one throughout the world. It uses robot brokers, all of which are powered by various technologies. These can include AI, DL, ML, and NLP. Users can expect roughly a 95 percent accuracy level because of those features and its ability for technical analysis.
A Brief Guide to BitQT and How it Works
BitQT utilizes unique robot brokers, and they can receive the deposits and execute the orders. In fact, they’re much different from live brokers and can complete your order instantly. The approach used for BitQT is called High-Frequency Scalping. If you were to use a live broker with this method, you are sure to see significant losses if a mistake is made (and that is a huge possibility). However, with robot brokers, there is a higher level of accuracy, so your losses can be minimized.
Of course, BitQT is regulated by the FA (Fubabcuak Conduct Authority), ASIC (Australian Securities and Investment Commission, and the FSB (Financial Service Board). In actuality, the brokers on the app are regulated. Regardless, it’s essential that you work with regulated brokers. This protects your assets in case the company goes bankrupt, or there is a large market crash.
You have a leverage of 1:5000; this means you can make trades that are much bigger than how much you invest.
Considering that the user could lose significantly with such a high leverage, BitQT balances that problem with its security features. We are going to talk more of that later. Still, risks are possible, so you should focus on limiting your trade amounts to what you can stand to lose without misgivings.
Why You Should Register on BitQT
There are so many benefits of trading using BitQT. They are presented below:
The platform is user-friendly.
Your money is much safer because of the partner brokers, all of whom are regulated.
The robot’s advanced technology makes for effective and smoother trades. These are safer, as well.
Trading is more accurate because there are regular updates for the market. Therefore, you place bets in the right time frame.
You earn profits very quickly, and the process is easy.
Registering with BitQT
It is free and easy to register on BitQT. You aren’t going to have to input a lot of details or have much skill right now. In fact, you just need to provide your name, a valid ID, and appropriate proof to verify your information. Then, it is as simple as depositing the minimum amount of money into the account. This deposit isn’t to open the account (which is free). Instead, it is to fund it so that you can start trading live and making money. Here are the registration steps with details:
Create the account. You are going to be asked to fill in a form on BitQT’s homepage. This is going to take you about 15 minutes to do, and it’s important to fill in everything correctly. When entering your name, make sure that you use your legal name, found on your government ID. You cannot enter a nickname. It’s also necessary to have a phone number and a valid email address.
Since you are entering personal information, be aware that the website is secured and encrypted. Therefore, no one else can gain access to this sensitive data.
Verification of your Address and ID. This next step requires that your address and identification be verified. It can take an hour up to a full 24 hours. The brokers have to make sure that your information is correct and accurate. Therefore, you may be asked to upload a copy of your current utility bill and possibly your government-issued ID card. They explain everything to you and can walk you through the process if necessary.
You may start checking out the system and using the demo account before your information is verified. However, you cannot begin live trading until the data is confirmed. In fact, most people often test out the system with the demo now so that they can be ready to go live when everything is verified.
The Trading Deposit. You do have to deposit a minimum of $250 into your account so that you can trade. Many forms of payment are acceptable. These include wire transfers, e-wallets, and debit/credit cards. Neteller, Ethereum, Skrill, Webmoney, and Bitcoin are also included.
Once you send your information, the deposit is put into the account automatically and immediately. Because you are working with regulated brokers, there is full transparency with all of the transactions.
Demo Account Trades. Before you start live trading, it’s a good idea to familiarize yourself with everything. The system is easy to use, but it can be daunting at first, especially if you’re new to crypto and making trades. This account looks just like the live one, but you aren’t going to lose any money or make trades with real money. Of course, this is the practice account. Any mistakes you make aren’t going to hurt, and this is a great way to learn the system and practice your strategies.
Live Trading . This is the goal that everyone wants to attain, though it is best to go through all the steps and practice first. Then, when you are familiar with the trading app, you can start live trading. BitQT offers automatic trading, which makes it much easier. All you do is set the risk level and go about your day for about eight hours. Of course, you can change your parameters, but it is best to stick with the 10 percent, which is the default and recommended option for beginners.
Remember, you can always reinvest your earnings or increase the deposit amount as you become better at gauging the market and start making money.
Tips for Getting Results on BitQT
Though everything is done automatically for you on BitQT, there are some useful tips that make sure you get the best results possible:
Ask a friend to join with you so that you can stay focused and make each other accountable.
Invest small amounts. You can always increase it as you start learning the system. Plus, you can reinvest your profits or withdraw them at any time.
Trade when Wall Street is open and peaking. This is often UTC/GMT-7 hours.
Don’t just sit there and watch the bot work. It can become monotonous, and you may be tempted to make changes that could hurt your winning potential.
You should note that BitQT is free to join and register. However, there is a required deposit of $250 to trade. This is the minimum and isn’t too hefty a price to pay to earn much more than that. Of course, the demo trading account is also free and allows you to practice.
Is BitQT a scam or legit?
BitQT is a legitimate platform.
How much in profits can I earn each day?
Other users claim that they have made decent profits in a single day. However, results can vary, and you must trade for yourself with the bot to find out what you can earn.
What currencies can I trade on the platform?
BitQT uses many digital currencies, which does include Bitcoin.
Some people just aren’t traders and can’t stand to take any risks. However, it is lucrative to think that you can make money without having to do much. Therefore, it makes sense to use an automatic trading bot, which handles everything for you after you set your parameters. Adjust them to your liking (or leave them at the recommended settings). Then, you are ready to set the bot to action and let it go unmonitored.
With little job security in the economy, crypto trading is an option. BitQT can help you achieve your goals with a safe, secure, and profitable platform.