Bitcoin Era review
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Bitcoin Era uses advanced artificial intelligence to identify and place crypto trades for you. The Bitcoin Era trading robot analyses the crypto markets 24/7 and automatically places trades when it spots winning price trends.
This Bitcoin Era review looks into the many claims it makes about success rates and cuts through the noise to tell you what you can really expect the bot to do. Read on to learn the results of our investigation into whether Bitcoin Era is legit or a scam.
We are aware of numerous websites which use false celebrity endorsements to send customers to unregulated brokers or call centres. Our website will only send customers to partners who have provided us with the required regulatory assurances. This is a marketing offer and our regulated partners will indicate what services they have available upon registration.
Pros & Cons
What is Bitcoin Era?
Bitcoin Era is an online cryptocurrency trading platform which can be used to place automated trades in the cryptocurrency markets. It uses a crypto robot to do this and all you have to do is turn it to ‘on’ and allow it to trade according to its algorithm.
For instance you can instruct the robot to buy Bitcoin when it falls to a certain price, or follow the price of Ethereum and sell when it reaches a certain level. The Bitcoin Era app does this automatically.
Bitcoin Era summary
|Supported cryptocurrencies||BTC, ETH, LTC, XRP and more|
|Withdrawal speed||24 hours|
|Customer support||Yes, after registration|
About the Bitcoin Era platform
How does Bitcoin Era work?
The robot on Bitcoin Era works by using artificial intelligence to analyse cryptocurrency price charts and spot patterns and trends. Once it has recognised a potentially profitable trade, it automatically sends a signal to a partnered cryptocurrency broker through an API (Application Programming Interface) to buy and sell cryptocurrency immediately.
What assets and products can be traded on Bitcoin Era?
Despite its name suggesting otherwise, Bitcoin Era offers more than just Bitcoin trading. You can use the Bitcoin Era system to trade a number of leading crypto coins. The following cryptocurrencies are supported with Bitcoin Era:
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Ripple (XRP)
- EOS (EOS)
- Dash (DASH)
- IOTA (MIOTA)
- Bitcoin Cash (BCH)
In addition to this, the Bitcoin Era crypto trading software also allows the trading of Bitcoin with fiat currency in BTC/USD and BTC/EUR currency pairs.
How much does Bitcoin Era cost to use?
There are no fees involved when you sign up to Bitcoin Era’s robot, but you may find some trading and withdrawal fees applied by the broker when you process any withdrawal of your funds. These fees are not controlled by Bitcoin Era so are not listed on their website.
What are the payment methods accepted by Bitcoin Era?
You can made deposits via bank transfers and card payments along with some digital payment providers. Here is the full list of payment methods that are available on Bitcoin Era:
- Bank transfer
- Debit/credit card
Is there a Bitcoin Era app for both mobile and laptop-computers?
Yes, it is possible to access Bitcoin Era’s website on any device that has an internet connection. There is a Bitcoin Era mobile app available for both Android phones and iPhones, or you can use a web browser to access it on the following devices:
- iOS devices
- Android devices
Bitcoin Era key features
Our expert panel reviewed Bitcoin Era and picked out a few features that caused them to rate it so highly. Here are the best ones.
The Bitcoin Era trading platform is designed so that beginners can get to grips with it. It’s simple to set the robot up to suit your trading process and you can find valuable information at your fingertips.
No fees to sign up
It’s completely free to sign up to Bitcoin Era. You won’t have to pay anything to create an account and you can immediately start trading with a demo account to practice. This is in stark contrast to many trading platforms where you have to commit to a subscription in order to access it.
Bitcoin Era prides itself on its security, including military-grade encryption to protect your personal information. It places all its trades through regulated brokers which are approved by the relevant financial bodies in each jurisdiction.
Which brokers can I use with Bitcoin Era?
Bitcoin Era’s robot works by connecting with a number of regulated CFD brokers, but the exact broker your trades will be placed on will depend on when you sign up for the platform. An example of a broker previously used by Bitcoin Era is Investous.
Can I trade assets with leverage?
Yes, you can trade cryptocurrencies with leverage on Bitcoin Era. The exact level of leverage you can access will depend on the coin you’re trading and the broker with which the Bitcoin Era trading software is partnered.
You should exercise caution before incorporating leverage into your trading strategy, however. While leveraged trades can lead to big gains if the market moves in your favour, they can also lead to huge losses if the opposite occurs.
Can I open long and short positions with Bitcoin Era?
Again yes, traders can use Bitcoin Era to take both long and short positions on a range of cryptocurrencies.
When investors ‘go long’ it means they believe the price of an asset (in this case a specific cryptocurrency such as Litecoin) will rise over time and so they buy and hold it in the hope of selling at a higher price later.
On the other hand, if a trader believes a cryptocurrency will lose value, they can ‘short’ it – meaning to sell it at the current price and buy it back at the lower price and pocket the difference.
How do I get paid? What about payouts?
To request a payout you must fill out a form on the Bitcoin Era website. Payouts are processed and sent out within 24 hours.
What is Bitcoin Era’s customer service like?
Bitcoin Era provides 24/7 customer service to all users registered on its platform. They have a good reputation for responsive customer service online, and the team will also get in touch with you if it seems like you’re having trouble initially setting up your account.
Safety and security
Is Bitcoin Era safe to use?
We found lots of customer reviews from users who have had a safe and successful experience with Bitcoin Era. The most important thing is to make sure any brokers you use to trade are regulated, as they are the ones that will be dealing with your money, rather than Bitcoin Era itself.
Is Bitcoin Era regulated?
Bitcoin Era is not a crypto broker, so it doesn’t have to be regulated. However, the brokers you trade with should be regulated. Bitcoin Era says that all of its partner brokers are regulated, which means you are protected if you use those platforms.
Is my money protected on Bitcoin Era?
Yes, if you use a regulated broker. Most Bitcoin Era brokers are regulated with CySEC, the Cyprus Securities and Exchange commission. The Cypriot financial authorities provide investor protection up to €20,000 per person, in the event of broker insolvency or financial irregularities.
Who owns Bitcoin Era?
Bitcoin Era is run by a group of anonymous cryptocurrency traders. There isn’t much information about the group in the public domain, but this is fairly common with people in the crypto space, who prefer to remain anonymous.
What is the registration and verification process?
The registration process is short and simple, and takes about half an hour to complete. If you aren’t sure about anything you can wait for your customer account manager to call you. Otherwise, follow the steps below to set up your Bitcoin Era account.
How to start trading with Bitcoin Era
Step 1. Create an account with Bitcoin Era
Navigate to the Bitcoin Era website and follow the registration steps. You are required to provide a phone number and email address, along with your name. Once you have clicked the confirmation link in the email sent to you you’re ready for step 2.
Step 2. Make minimum deposit of $250
Go to the platform and log in with the details you have just created, and then go to the ‘deposit’ section of the website. You have to make an initial deposit of a minimum of $250 before you’re able to start using the Bitcoin Era software. You can make this deposit with a bank transfer, card payment, or PayPal.
Step 3. Set up your Bitcoin Era trading system
Now decide how you want the Bitcoin Era crypto robot to trade. You can set the parameters on how large you want each trade to be, how active you want to be in making trades, and how tight to set your stop-loss limits.
Step 4. Adjust risk management settings
The final step before you start trading Bitcoin is to decide how much risk you are willing to accept. This is an important decision and depends on your personal financial circumstances and your attitude to trading. You can choose to let the Bitcoin Era software make higher or lower risk trades, depending on what you prefer.
Step 5. Start investing with Bitcoin Era
Now your account is created and funded, you can go to the robot’s trading interface and begin trading. It’s here you need to decide whether you want to just turn the Bitcoin Era software on’and let it trade automatically according to its own rules, or whether you want to set your own rules in the form of trading parameters. You can also start out in ‘demo mode’ – which is something we would recommend for beginner users.
Has Bitcoin Era been recommended by celebrities or appeared on TV?
Bitcoin Era has been linked with a few prominent celebrities and TV shows, but in our research we found no evidence to substantiate any of these claims. The crypto robot doesn’t seem to have attracted any of these rumoured endorsements, and platforms making such claims should be viewed with suspicion.
Below we have fact checked the claim that three notable celebrity figures have used or promoted Bitcoin Era.
Is it true that Richard Branson endorsed Bitcoin Era?
The reported claims that Richard Branson has recommended the Bitcoin Era trading software are false. 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. There is no evidence that Richard Branson has ever endorsed Bitcoin Era.
Does 50 Cent use the Bitcoin Era website?
While it has been rumoured that 50 Cent uses the Bitcoin Era software, these assertions are untrue and there is no evidence that this is the case. 50 Cent rose to fame as a rapper in the mid-1990s and enjoyed a long and successful music career. He has since become a well-known entrepreneur and television producer.
Fact check: False. Looking into the rumours, it is false that 50 Cent is a user of Bitcoin Era.
Has James McAvoy publicly recommended Bitcoin Era?
James McAvoy has not recommended the Bitcoin Era website, no. Mr McAvoy is a Scottish actor who has appeared in a number of blockbuster films including X-Men: Apocalypse, The Last King of Scotland, and Split.
Fact check: False. It is not true that James McAvoy has spoken favourably of this crypto robot platform.
Is there a Bitcoin Era alternative?
There are lots of crypto trading robots that you can use instead of the Bitcoin Era app, if you aren’t sure about the software yet. Here are our top five rated platforms.
- Bitcoin Prime. Bitcoin Prime is our top rated crypto trading software and it allows you to find and place winning trades automatically.
- Immediate Edge. Immediate Edge is a great trading robot that works with a wide variety of different cryptocurrencies.
- Ethereum Code. Ethereum Code is a crypto trading bot that works best with ERC-20 coins on the Ethereum blockchain.
- Bit Index AI. Bit Index AI uses advanced AI technology to identify trading opportunities and the trading robot works across all financial assets.
- Oil Profit. Oil Profit is a piece of trading software that is designed for commodity trading and aims to make it as simple as trading the cryptocurrency markets.
Our top robot trading tips for beginners
Before using a crypto trading robot to automate your trades, it is important to understand how crypo markets work and the different trading strategies you can use. Many people think using a robot means they don’t have to do their research, but you should never invest in anything you don’t understand. Here are our top tips.
- Learn about trading before you use a robot. Not only should you never start trading in a market you haven’t researched, but also gaining a deeper understanding of the cryptocurrency space can help you figure out how you want to configure Bitcoin Era’s robot.
- Learn more about cryptocurrency. Using Invezz’s cryptocurrency courses you can learn more about the inner workings of cryptocurrencies and blockchain technology. This will give you a better insight into the markets and help you spot profitable trading opportunities.
- Start with a demo account. If you’re totally new to investing in cryptocurrency, then it is always best to start out with a demo account. The Bitcoin Era app offers a demo account, which means you can assess the robot’s performance in real time with imaginary money – meaning you get to grips with the process without risking any capital.
- Build your portfolio gradually over time. Instead of trying to ‘get rich quick’ with your trading account, you should think long term. Successful investors start small and grow over time, honing their strategies so they win more often than they lose and hedging their bets to avoid being wiped out in one trade.
- Only invest what you can afford to lose. You cannot lose that you don’t risk – so make sure that any money you’re using to trade cryptocurrency is money you could afford to lose. Cryptocurrency markets can be very volatile and you don’t want to be overly exposed in case the value of the coins you’re buying plummets.
Our final verdict on Bitcoin Era
The Bitcoin Era trading platform offers the ability to trade a wide range of cryptocurrencies and has a good reputation for its customer service. You can manually set limits on the crypto robot to enhance your trading strategies, rather than simply trusting the algorithm.
Our research rates this as one of the best crypto trading bots around, although we always recommend that you only use it as part of your overall crypto trading strategy. It’s a good way to learn what works and what to look for in the crypto markets, but you shouldn’t rely on it entirely.
We have seen some of Bitcoin Era’s best performances come as part of a varied trading process, where the bot works alongside manual research to find winning trades. That way, you can sense-check the trading robot and adjust its settings to best suit your style.
Methodology: how we scored this Bitcoin Era review
We asked our team of crypto experts to rate and review Bitcoin Era. Each of them created an account and set up their own trading robot, before using it to place trades automatically. They then gave the platform a score according to how well it met their expectations.
We pooled all their answers together to give a final result, which is the ranking you can see at the top of the page. The expert ratings have been supplemented by online research and some of our own testing of Bitcoin Era’s customer service.
No platform can influence their rating on Invezz in any way, but we may earn a small commission if you sign up and create an account via a link on this page.
While the underlying software of the website does allow you to use a robot to trade cryptocurrency automatically, users should be wary of believing all the claims made by Bitcoin Era.
There are many false assertions that different celebrities have used or endorsed the platform, and also questionable claims made about the robot’s effectiveness. There is no information made publicly available about who designed Bitcoin Era’s software, and so it is not possible to verify many things written on the website.
No, while the robot allows you to trade cryptocurrencies it does not allow you to make withdrawals in them. This is because it partners with CFD brokers and therefore uses contracts for difference to speculate on crypto price movements with fiat currency, rather than directly buying and selling coins.
Bitcoin Era does not use the MLM model, which functions more like a pyramid scheme: users get paid due to how many people they bring on board rather than by their performance. You’re not guaranteed to make money when using the platform’s robot, as nobody can ever guarantee profits when trading, but your success is driven by how well the robot performs, not your ability to promote the site.
To delete your account you will have to do two things: notify Bitcoin Era and close your broker account. Here is the process:
- Email Bitcoin Era informing them you would like to close your account
- Go to the brokerage platform and log in
- Process a withdrawal request for the money you have deposited with the broker
- Wait for the money to be credited to your account
- Close your broker account
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 >