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Review of Bitcoin Equaliser
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Bitcoin Equaliser is a cryptocurrency robot that uses advanced algorithms to automate trades. It partners with brokers to offer trading in crypto assets via CFD trading instruments. The official platform does not mention any details on the financial backers or creators of the robot, and, while there are numerous theories on external sources behind the team of Bitcoin Equaliser, we could not find any solid proof.
Its official website claims that Bitcoin Equaliser can help generate returns up to 60%. The platform encompasses the testimonials of users who have benefitted from using its services. In this Bitcoin Equaliser review, we verify the authenticity of such claims and test the robot to understand its application. We also explore the different features and functionalities offered by the robot.
Pros & Cons
What is Bitcoin Equaliser and what can I do with it?
Bitcoin Equaliser is a trading software that uses technologies like Distributed Ledger Technology (DLT) and Machine Learning (ML) to automate cryptocurrency trades. Using algorithms, its software calculates potentially profitable trades it can make, and then executes them with its partnered brokers. It can then execute orders to open or close a trade without your intervention. The robot possesses the capabilities to place multiple trades as well as execute trade orders within seconds.
Additionally, Bitcoin Equaliser provides services for manual trading in cryptocurrency assets for experienced traders. Skilled traders can directly place the conditions to open or close a trade at their preference, meaning Bitcoin Equaliser can be used as a tool to enable your trading strategy and to capitalise on market movements even when you’re not at your computer.
How does Bitcoin Equaliser work?
As per its official website, Bitcoin Equaliser has partnered with EU-regulated brokers to offer the services of trading in digital assets. Upon receiving a trading signal, the robot sends instructions to one of its broker partners through an API. Trades will then be completed on the broker’s platform in accordance with the signals Bitcoin Equaliser has received.
All operations from deposits to withdrawals are conducted on the broker’s platform. The entire journey is automated and does not require your input at any point.
Bitcoin Equaliser key questions, answered!
Which brokers can I use with Bitcoin Equaliser?
Bitcoin Equaliser has secured partnerships with EU-regulated brokers that provide services of CFD trading in digital currencies. The associated brokers are licensed and hence follow KYC and AML guidelines for trading in any assets. Our research indicates that some of the partnered brokers may include EuropeFX and 24Option, although Bitcoin Equaliser doesn’t state which brokers it partners with.
What cryptocurrencies are supported on Bitcoin Equaliser?
The robot offers services of automated trading in prominent cryptocurrency assets including:
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Ripple (XRP)
- Bitcoin Cash (BCH)
- IOTA (IOTA)
- ZCash (ZEC)
- Ethereum Classic (ETC)
- Cardano (ADA)
- Neo (NEO)
- Binance Coin (BNB)
It offers over 60 trading pairs with different crypto coins and fiat currencies. These include BTC/USD, BTC/GBP, and BTC/BCH.
Can I use Bitcoin Equaliser on mobile and desktop?
Yes. You can access Bitcoin Equaliser on mobile and desktop through any operating system – Windows, Mac, or Linux. The cryptocurrency trading bot does not have a mobile app but you can access its software from a web browser on any Android or iOS smartphone.
Can I trade assets with leverage?
Yes. The brokers associated with Bitcoin Equaliser allow you to trade cryptocurrencies with leverage. Contracts for Difference (CFD) allow users to trade an underlying asset without actually owning it – meaning you’re just speculating on price and allowing extra techniques such as trading with leverage.
While the Bitcoin Equaliser website does not mention the leverage available to users, external resources suggest that the leverage offered by the platform can be as high as 1:2000. In other words, a trader can trade up to 2000 times the capital investment.
Be advised that trading with leverage holds risks. It exponentially increases your losses if a trade goes against you. Also, crypto markets are highly volatile, making trading with leverage is even riskier.
Can I open long and short positions with Bitcoin Equaliser?
Yes. The associated brokers of Bitcoin Equaliser allow you to open long and short positions in cryptocurrency trades.
In trading, a long position is when a trader bets that the price of an asset will move upwards, and a short position is when a trader bets that the price of an asset will move downwards in a specified amount of time.
What are the payment methods and withdrawal/deposit limits?
To enable autotrading, you need to make a minimum deposit of $250 into your trading account. To make the deposits, available methods include credit/ debit cards, Visa, Mastercard, Skrill, PayPal, Wire transfer, and SEPA transfer.
There are no limits placed on withdrawals with Bitcoin Equaliser, but these will be handled by the broker with which your trades are pladed. You can withdraw at your own convenience without any limitations on time duration. The withdrawals are credited into your bank account and usually take 24-48 hours.
Are there any costs and fees involved?
Yes. As per its official website, Bitcoin Equaliser charges 2% of your profits in trading commissions. Its platform states that it is free to register and does not take any charges on your losses.
How do I get paid? What about payouts?
To get paid, you are first required to submit a withdrawal request in the Bitcoin Equaliser trading dashboard. You have to verify your banking details and also ensure that you have completed procedures for KYC and AML guidelines. The payouts will directly be credited into your mentioned bank account. There are no limits in terms of amount or duration placed on the payouts and you can withdraw whenever you want.
What is the registration and verification process?
It is easy and simple to register with Bitcoin Equaliser. You have to fill a signup form available on the robot’s home page. This will require you to fill in your details including name, contact number, and email address. After you have completed your verification process, you can start to access different features like demo trading or enable live trading. Currently, the robot offers its services in almost 170 countries.
At the time of registration, you are not required to submit any proof of identification. However, you may be required to complete KYC/AML guidelines before starting to trade through the partnered broker’s platform. This is because all the brokers are EU-regulated and thus comply by regulatory guidelines.
What is their customer service like?
Bitcoin Equaliser provides 24/7 customer service to its registered users. The available options includes phone number, email, and live chat. However, please note that you will not be able to access its customer service before registration.
Is Bitcoin Equaliser legit?
Bitcoin Equaliser provides legitimate services of automated and manual trading, but external sources claiming that it has helped generate $500/hour are dubious and highly unlikely to be true.
The robot uses advanced technological tools to execute trades and partners with reliable broker platforms, but overall its marketing techniques are dishonest. It states that the robot has a success rate of 98% and there is simply no possibility this is true. In our research, we found that many sources assert that the autotrading bot is endorsed by personalities like Gordon Ramsay, and again we can find no proof of this.
Bitcoin Equaliser does provide beneficiary features like demo trading that beginners can use to acquaint themselves with crypto. Expert traders can also use it as a way of pursuing their trading goals using automated technology. But neither beginners nor experts should solely rely on the trading platform; you should always conduct your own research before using Bitcoin Equaliser.
Has Bitcoin Equaliser been recommended by celebrities or appeared on TV?
We found that a number of sources stated that Bitcoin Equaliser is used by a host of famous celebrities around the world. Upon researching such facts, we found that these are pure speculations and there are no personalities associated or endorsing Bitcoin Equaliser.
Below we have fact-checked the claim that three notable celebrity figures have used or promoted Bitcoin Equaliser.
Is it true that Richard Branson endorsed Bitcoin Equaliser?
No, Richard Branson has never advertised for Bitcoin Equaliser. Richard Branson is one of the world’s most famous businessmen; he is the founder of the Virgin Group, which controls hundreds of businesses in sectors ranging from travel to telecommunications.
Fact check: False. We found out that Richard Branson is not associated with Bitcoin Equaliser in any way.
Is it true that Cillian Murphy uses the Bitcoin Equaliser website?
In a number of external websites, it is claimed that Cillian Murphy uses the services of Bitcoin Equaliser. This is not true. Cillian Murphy is an Irish actor who is well-known for his role in films including The Wind That Shakes the Barley and The Time but has never expressed an interest in cryptocurrency.
Has Ryan Reynolds publicly recommended the platform?
Ryan Reynolds has never recommended Bitcoin Equaliser. Ryan Reynolds is an actor and a film producer who has starred in multiple blockbuster movies including the Deadpool series. He has also won various awards for his performance in different films.
Fact check: False. Invezz could not find any connection between Ryan Reynolds and Bitcoin Equaliser robot.
How to trade with Bitcoin Equaliser
Bitcoin Equaliser partners with regulated brokers to place automated cryptocurrency trades. All your trading activities take place through the trading dashboard of the broker’s platform.
You can view your trading history, make deposits, request for withdrawals, and any other activity through the control panel. You can also view your trades, set limits like stop loss orders, and set individual trading parameters from this trading dashboard. It also features a demo trading feature for users to familiarise themselves with the platform.
To access the cryptocurrency robot’s services, here are the steps for opening an account:
How to open an account with Bitcoin Equaliser
- Step 1: Registration. To access services you need to become a registered member of the Bitcoin Equaliser robot. You need to fill its signup form and state your basic details. The process does not take more than 30 minutes.
- Step 2: Deposit Funds. A minimum deposit of $250 is required to access the autotrading functions of Bitcoin Equaliser. You can make this deposit quickly and easily through the dashboard.
- Step 3: Trade. You can now start autotrading with the robot. Either take the time to fill out trading parameters for the robot to follow, or simply turn it on and allow it to make trades automatically on your behalf.
Our top robot trading tips for beginners
Cryptocurrency markets are volatile. As such, it is not enough to rely solely on Bitcoin Equaliser or any other robot. You have to conduct your own research and learn the schematics of trading in cryptocurrencies such as Litecoin or Ethereum before investing. As markets are volatile, you stand to lose money quickly if you are not careful.
- Familiarise yourself with trading. Before you start trading cryptocurrency, it is vital that you learn the basics of trading. Even when using a robot, you need to understand how the process works.
- Understand cryptocurrency space. Never invest in something you don’t understand. You shouldn’t invest in cryptocurrency before you gain some knowledge of the space. Our courses can help you in this regard.
- Practice with a demo account. It is a good idea to start practicing by using a demo account. This allows you to familiarise yourself with crypto trading as well as the robot’s services before risking your money.
- Start small and build gradually. Start trading in small amounts, practice and learn from your lessons, and gradually build your trading portfolio.
- Only invest what you can afford to lose. Cryptocurrency markets carry risk. It is recommended to always invest what you can afford to lose so you don’t end up in financial difficulties.
Bitcoin Equaliser facilitates automated trading in crypto assets and offers a range of features that benefit both beginner and experienced traders. That being said, the platform is marketed very dishonestly and you should be very sceptical about the claims it makes in terms of its effectiveness.
The robot does allow CFD trading in crypto, but it does not have a success rate of nearly 100% as claimed by external websites. Also, the trading bot is not associated with any famous celebrities as mentioned by different sources.
Beginners should not solely rely upon the robot to engage in cryptocurrency trading. You should always conduct your own research and use the robot as one of the convenient tools. Expert traders can also benefit by using Bitcoin Equaliser’s features like backtesting and manual trades, but not solely rely on them.
Practice in small amounts, trade carefully, and only invest what you can afford to lose.
The platform works, but the claims it makes are untrue. Bitcoin Equaliser is a software that provides cryptocurrency trading services, but you cannot expect to make thousands of dollars in profits from using it. There are a number of testimonials on external websites claiming that the trading bot helped them buy luxury cars but be wary of such claims as they are simply not true.
It is also not associated with any leading celebrities, despite proclamations by numerous sources. It does predict crypto trading signals but it cannot predict with an accuracy rate of nearly 98%.
Yes. It is relatively simple and easy to register on Bitcoin Equaliser. Currently, it offers its services in 170 countries, and all you need to do is to fill a signup form and provide your basic details. At this stage, you do not have to submit any ID proof. The entire process is complete in under 30 minutes. But please note that you have to submit all your documents for KYC (Know Your Customer) at the time of trading with the robot.
No. The broker platforms associated with Bitcoin Equaliser facilitate margin trading with CFD instruments in crypto. Contracts for Difference (CFD) are derivative products wherein you do not hold the actual asset. You hold the contracts that follow the underlying price movements of an asset. All your withdrawals are therefore credited in fiat currency into your bank account.
The robot does provide automated services of trading in crypto, but it cannot help you make profits of $10,000. This means the platform does work as it describes, but does not do so as effectively as is claimed.
With respect to automating trades using advanced algorithm software in digital currencies, yes but you cannot generate thousands of dollars in profits through Bitcoin Equaliser. The robot has partnered with brokers offering CFD crypto trading. It passes crypto trading signals through an API and the broker in turn executes the trade.
As per its official platform, the license for using the robot is free. But you need to pay a commission charge of 2% on the profits made from Bitcoin Equaliser. It claims that you do not have to pay any charge for losses made on a trade.
To delete your Bitcoin Equaliser account, you need to submit a request to both the broker’s and the robot’s platforms. Ensure that all your funds are credited into your bank account before placing the request, and then it should take a day or so to delete your account.
Nobody knows. The official platform lacks any information on the founders behind Bitcoin Equaliser. There is also no mention of the team behind it. We found numerous sources speculating different personalities, but they do not provide any substantial evidence.
Fact-checking & references
Our editors fact-check all content to ensure compliance with our strict editorial policy. The information in this article is supported by the following reliable sources.
Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >