Bitcode Method Review 2024

Automated trading bots are popular tools that make it possible to implement advanced day trading strategies without needing to monitor your portfolio 24/7.

In this guide, we take a look at Bitcode Method – one of the newest crypto bots to enter the market. 

We reveal whether Bitcode Method is legit, how it works and what it has to offer. 

Our Take on Bitcode Method- Is It a Legit Platform?

Despite a large number of fraudulent crypto trading platforms that are out there, Bitcode Method appears to be legitimate.

Bitcode Method is a third-party charting tool which means that it doesn’t hold your funds directly. Instead, all money is held by reputable brokers that you are connected with after signing up to the tool.

As the website claims, Bitcode Method is an algorithmic platform that can monitor the market, spot trading opportunities and trigger trades on your behalf. After reviewing the platform, we have no reason to believe that Bitcode Method doesn’t do what it claims to.

However, it’s important to understand that automated trading comes with a high level of risk and there is no guarantee that you will make money.

Bitcode Method Platform Overview

What is Bitcode Method?

Bitcode Method is an algorithmic trading tool that supports passive trading. The system uses artificial intelligence and machine learning to scan the market, conduct analysis, spot patterns and make trading decisions in line with predetermined conditions.

Now, it’s important to note that Bitcode Method itself isn’t a broker, meaning it won’t hold any of your funds directly. Instead, think of it as your automated trading assistant—an analysis tool that works alongside your chosen broker to help streamline the entire trading process. 

With its sophisticated algorithms, you can automate your crypto trades and potentially make smarter decisions based on real-time data, without needing to constantly monitor the market yourself.

How Does Bitcode Method Work? 

Bitcode Method combines the power of AI and machine learning to analyze the crypto market, spot patterns, and identify potential trading opportunities for you. 

Once you create an account, you have the flexibility to set your own trading parameters—think of it as giving the tool specific guidelines on how you want it to trade. After that, the bot takes over and gets to work, scanning the market and finding trades that match your preferences. 

Bitcode Method User Reviews

If you only have a few minutes to research Bitcode Method, or any cryptocurrency robot, I recommend looking at previous user reviews. 

Compared to other bots that we have reviewed, Bitcode Method has a strong reputation. The platform has 39% 5-star reviews on TrustPilot and is regarded highly by other review sites. 

Most of the positive reviews praise the platform’s excellent customer support services, user-friendly interface and fast registration process. 

What We Liked About Bitcode Method

For the next part of our review, we will take a deep dive into the platform’s key features. Here’s what we liked about Bitcode Method. 

Trade multiple cryptocurrencies

One of the great things about Bitcode Method is that it offers access to a wide range of cryptocurrencies for trading. 

This is a major benefit because it allows you to diversify your portfolio and not limit yourself to just one or two coins. With multiple cryptos to choose from, you can spread out your risk, take advantage of opportunities across different markets, and potentially increase your returns. 

Plus, having access to several cryptocurrencies means you can explore emerging trends and not miss out on the latest movements in the ever-changing crypto landscape.

Artificial intelligence and machine learning 

Bitcode Method is powered by a combination of artificial intelligence and machine learning, which work together to give you an edge in crypto trading. 

AI is designed to mimic human intelligence by processing large amounts of data quickly and efficiently, while ML allows the system to learn from past market behaviours and improve its accuracy over time. 

What this means for you is that Bitcode Method can continuously analyze the crypto market, detect patterns, and adapt to changing conditions, all in real time.

The tool processes vast amounts of market data much faster than any human could, making it easier to spot trading opportunities that you might otherwise miss. 

User-friendly interface

Bitcode Method offers a simple and user-friendly interface, making it a great choice even if you’re new to crypto trading. The platform offers a clean, straightforward dashboard with just the essential features, so you won’t feel overwhelmed by unnecessary options or complicated tools. 

This simplicity makes it easy to navigate, allowing you to quickly set your trading parameters, monitor your trades, and access real-time data without any hassle.

What We Didn’t Like

Although we have no reason to believe that Bitcode Method is a scam, there were a few aspects of the platform that could do with some improvement. 

Company transparency

There’s limited information available about the company behind the platform, its regulatory status, or the brokers it partners with. This can be worrying, especially in the world of crypto trading where trust and security are critical. 

Without clear details on who is running the platform or whether it complies with financial regulations, it’s difficult to assess the legitimacy of the service. 

Additionally, not knowing which brokers Bitcode Method collaborates with makes it harder to assess the reliability and safety of your trades. For anyone looking to invest with a reputable platform, take a look at our list of the best cryptocurrency exchanges. 

High minimum deposit 

Another potential drawback of Bitcode Method is its $250 minimum deposit requirement. This could be a barrier for beginners or those who want to test the waters without committing a significant amount of money upfront. 

However, this minimum deposit is very similar to that required by other crypto trading bots including Immediate Spike and Quantum AI. 

What Are The Key Features of Bitcode Method?

We have already discussed most of the key features that we found during our Bitcode Method review. The platform focuses on providing a simple experience with a limited selection of features, specifically catering to those interested in algorithmic trading. 

While the platform may not offer a wide range of tools or investing options, it excels at what it does—making algorithmic trading easy and accessible. 

The simplicity of the interface ensures that you have everything you need to set up a customized, automated trading system without unnecessary distractions. Even if the variety of features is minimal, the platform’s algorithmic tool is advanced, allowing you to set your trading parameters and let the system implement the strategy on your behalf. 

During our review, we found the Bitcode Method does not allow you to buy crypto directly. Instead, you can trade cryptocurrency CFDs. CFDs are suitable for day trading but may not be the best option if you are looking to build a long-term investment portfolio. 

To support cryptocurrency CFD trading, Bitcode Method offers an advanced charting dashboard, live market data, technical indicators, alerts and APIs. These features are catered towards experienced traders. 

Trading Fees

The official Bitcode Method website does not mention any trading fees and there is no costs involved with creating an account. 

However, it is likely that the broker you are paired with will charge spreads on CFD trades. A spread is the difference between the bid and ask price of an asset. Spreads are added automatically to the cost of trading.

You may also come across currency conversion fees, withdrawal fees and overnight trading fees. However, we could not find any information about this during our review. 

It is a good idea to ask about the fees involved with using Bitcode Method during your initial phone call. 

Payment methods

You can deposit funds into your account with the following payment methods:

• Credit card
• Debit card
• PayPal

Security and Regulation

Bitcode Method is not registered with any regulator. However, the website is encrypted with an SSL certificate. This means that your personal information is protected from criminals. 

Although we could not find any details about the platform’s security features, we expect that the partner brokers follow local guidelines regarding anti-money laundering and user protection. 

Is Bitcode Method safe?

We have no reason to believe that Bitcode Method itself is unsafe. The platform works as a reputable charting tool and is protected with encryption. However, we cannot guarantee that the dedicated account managers/brokerages, who work alongside the platform, are safe. 

Therefore, it is wise to proceed with caution and only invest with funds that you can afford to lose. 

How To Use Bitcode Method

To start using Bitcode Method, you will need to create an account with the trading platform and also sign up to a supported brokerage. 

You can do this by following the steps below: 

Step 1: Fill out the registration form

Go to the official Bitcode Method website and navigate to the signup form. You will be asked to enter some personal details including your name, email address and mobile number. 

Although the website is protected, we recommend using a secure internet connection to complete this step. 

Step 2: Complete a phone call verification

After submitting the form, you will be contacted by a partner broker to confirm and complete the set up of your account. 

It is normal for trading systems, such as Bitcode Method, to use brokerages as a middle man. This is because the robots cannot manage funds themselves. The brokerage may ask you to verify your ID before you can deposit funds into Bitcode Method. 

During the phone call, you can ask any questions that you have about the platform. 

Step 3: Deposit funds

The next step is to fund your trading account with the $250 initial deposit. 

Only deposit funds that you can afford to lose and remember to do so through a secure browser. 

Step 4: Set your parameters

It is a good idea to spend time familiarizing yourself with the platform. From here, you will be able to customize the charting interface and set trading parameters according to your strategy. 

Once you are happy with the set up, you can go ahead and start the trading bot. 

Is Bitcode Method Available In My Country?

Unfortunately, Bitcode Method is not available in all jurisdictions. You cannot use Bitcode Mehtod or any crypto CFD trading platform in the US. The platform is also restricted to users in the UK. 

Final Thoughts

Bitcode Method offers a user-friendly, AI-driven solution for people who want to get involved in algorithmic crypto trading. With its simple dashboard, powerful automated trading tools, and access to multiple cryptocurrencies, the platform makes it easy to set up a customized trading system. 

However, the lack of transparency regarding its company details, regulations, and broker partnerships raises some concerns, and the $250 minimum deposit may be a drawback for some traders. 

Automated crypto trading comes with a lot of risk and we recommend taking time to research the platform further before making any final decisions. 

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