Bitcoin Motion review
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This Bitcoin Motion review asses the trading robot and what you can do with the crypto platform. Our cryptocurrency experts have tested the software to see if it lives up to its claims. Read on to learn if you should use Bitcoin Motion to trade the crypto market.
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 Motion?
Bitcoin Motion is an automated trading platform that opens and closes trade orders on a user’s behalf. You set the parameters of what you want to trae and when, and the Bitcoin Motion trading system does the rest automatically.
Bitcoin Motion is designed to work best with cryptocurrency markets and takes in several data inputs from the market to determine profitable trading opportunities. The use of AI in conjunction with auto trading means that users don’t need to spend time analysing the market on their own and can leave it up to the robot to make the decisions.
Bitcoin Motion also claims to have been endorsed by Elon Musk. However, there is no evidence he is involved in the trading system in any way. Elon Musk has never mentioned Bitcoin Motion nor claimed to have invested in it at all.
Bitcoin Motion summary
|Supported cryptocurrencies||BTC, ETH, XRP, BCH, USDT, LTC, BNB, TRX, ADA, LINK, CRO|
|Withdrawal speed||24 – 48 hours|
About the Bitcoin Motion platform
How does Bitcoin Motion work?
The Bitcoin Motion trading platform identifies potential trades using AI and then uses a network of brokers for the final execution of buy or sell orders. The AI determines what actions to take and passes on the orders to brokers who use CFDs on different platforms.
During all this, there is no human interaction. All the orders are sent from the Bitcoin Motion website to partner brokers through APIs which execute the orders, thus cutting down on the crucial time that is wasted by slow human reactions.
What assets and products can be traded on Bitcoin Motion?
A look into the robot shows that almost two dozen different cryptocurrencies are supported on Bitcoin Motion. The cryptos include popular ones like BTC, ETH, and BNB, and some more exotic ones like SHIB.
The complete list includes:
How much does Bitcoin Motion cost to use?
The Bitcoin Motion website states that registration and use of its services are free. It does however say that it takes a small fraction of the profits made to fund its expenses and pay for personal accounts managers’ salaries.
When using Bitcoin Motion you will be required to register an account with one of its partner brokers and deposit a minimum of $250. Every time the bot makes a trade you will also pay a commission, which is in the region of 2%.
What are the payment methods accepted by Bitcoin Motion?
Since Bitcoin Motion uses CFD trades (Contract For Difference), it accepts fiat-based payments. Currently, it accepts a number of different payment methods, including:
- Bank transfer
- Credit cards
- Debit cards
Is there a Bitcoin Motion app for both mobile and laptop-computers?
There is no Bitcoin Motion app and it is accessible only from a web browser such as Chrome or Safari. Given that there are different versions of browsers, users can access the platform from a multitude of devices:
- Desktop/PC and laptops
- Android mobile devices
- iOS devices
Bitcoin Motion key features
Bitcoin Motion comes with several features that help users understand the potential of the robot and how it can used to make trading gains. Things such as an intuitive dashboard, 24-hour customer support and SSL security makes it the perfect choice. Some of the most prominent features are:
For novices and experts
Designed to be user friendly, it allows all kinds of people to use its services. Whether a user is completely new to crypto trading or a seasoned expert, Bitcoin Motion can help generate profits.
A dummy trading feature allows users to study the effectiveness of the Bitcoin Motion trading system against their expectations and see for themselves how much profits they can make from their investments.
Post signup, every user has access to a personal accounts manager who can not only guide them through the complete registration process and get them set and running but cater to any issues or queries a user may have about Bitcoin Motion.
Trade other assets like forex and stocks
Bitcoin Motion is primarily used for trading cryptocurrencies, especially Bitcoin. However, according to lots of users of the automated trading bot, it can be applied to other markets. That means you can use it in forex trading or stock investing.
Which brokers can I use with Bitcoin Motion?
The Bitcoin Motion trading platform determines the best broker for you. All partners are regulated to ensure financial protection and as such, will require you to furnish personal data such as name, location, government-issued ID, and even proof of income. All data is protected under different privacy regulations.
Can I trade assets with leverage?
Bitcoin Motion offers leverage of up to 4x on a minimum deposit of €250. Though the robot does offer higher profits, users need to be aware that using higher leverage also runs higher risks of losses. Users are advised to only use leverage if they fully understand the risks.
Can I open long and short positions with Bitcoin Motion?
Yes, when using Bitcoin Motion you can open long and short positions. This allows the robot to operate in all trend directions. When the automated software opens a long trade it means it expects prices to increase. When the bot opens a short position, it anticipates the market to move down.
How do I get paid? What about payouts?
Bitcoin Motion doesn not place any restrictions on withdrawals. When you use the cryptocurrency robot it is connected to a trading platform brokerage. This means you can request withdrawals directly from the crypto platform you are using. Most of the time, your money will be back with you in 24 – 36 hours.
What is Bitcoin Motion’s customer service like?
Users of Bitcoin Motion’s trading robot can access their accounts 24/7. Customer service is available around the clock too through different modes, including live chat, phone, and email.
Safety and security
Is Bitcoin Motion safe to use?
Bitcoin Motion offers a high level of security by claiming to use features such as SSL encryption and world-renowned anti-virus and anti-phishing security firms.
At the same time, Bitcoin Motion claims to only use regulated brokers who must comply with financial protection and other regulations to operate, meaning users of the trading robot are not only technically safe, but financial safeguards are also in place.
Is Bitcoin Motion regulated?
No, Bitcoin Motion itself is not regulated. The crypto bot is connected to a brokerage account via an API. Most brokerage accounts are well regulated and those in Europe have some of the strongest licences. CySEC are one of Europes biggest regulatory bodies and cover many platforms that Bitcoin Motion is partnered with.
Is my money protected on Bitcoin Motion?
While you may be interacting with Bitcoin Motion, you have to keep in mind that the robot does not store your money, but simply passes it on to its brokers who only take signals from it and orders are placed using the APIs.
As such, all funds are stored on broker accounts rather than on the Bitcoin Motion platform and their specific security and local regulations will determine how protected your funds are.
Who owns Bitcoin Motion?
Who owns Bitcoin Motion is not entirely clear, although while conducting our research into the trading platform we discovered it was set up by a group of cryptocurrency traders and software developers with many years of experience behind them.
While the website does not provide specific names, it is common for trading robot developers to remain anonymous, especially in the cryptocurrency space where privacy is an important factor.
What is the registration and verification process?
Signing up requires you to give basic information about yourself such as name, email and contact number, and you have to have a phone call with one of the Bitcoin Motion personal account managers before you can access anything.
While Bitcoin Motion doesn’t ask for more information, there may be extensive details such as a source of income or government-issued ID required by its partner brokers. Below we’ll run you through the steps to start trading with Bitcoin Motion.
How to start trading with Bitcoin Motion
Step 1. Create an account with Bitcoin Motion
Head over to the Bitcoin Motion website and fill in the registration form. You only need to give your name, email address and contact number. Then you are assigned a personal account manager to help you through the rest of the set up process.
Step 2. Make minimum deposit of $250
Follow the instructions to deposit your funds. Depending on the broker you are assigned, you may need to give additional information about yourself under KYC and AML regulations.
Step 3. Set up your Bitcoin Motion trading system
After you have signed up and deposited funds its time to set up your trading system. When doing this you will be able to select the number of coins you want the automated software to trade. Its a good idea to select a few so that you spread your risk across different options.
Step 4. Adjust risk management settings
To make sure you dont lose all of your money make sure you adjust your risk settings. Risk is a key component of any automated trading software so it will pay to take your time during this stage. If you want to be greedy, then set it high, but its recommended that you keep it low at the beginning.
Step 5. Start investing with Bitcoin Motion
Use the demo feature or head directly to real trading to start making live trades. Put in your risk criteria and let the Bitcoin Motion trading platform take care of the orders.
Has Bitcoin Motion been recommended by celebrities or appeared on TV?
Is it true that Bill Gates endorsed Bitcoin Motion?
No, Bill Gates has never endorsed Bitcoin Motion. Bill Gates is one of the worlds richest men and founded technology giant Microsoft. Despite online rumors, there is no confirmation that Bill Gates endorses or uses Bitcoin Motion.
Fact Check. False. Bill Gates does not endorse Bitcoin Motion.
Is it true that Ant McPartlin uses the Bitcoin Motion website?
Our researchers have found no evidence that Ant McPartlin uses the Bitcoin Motion website. Ant McPartlin is part of the famous duo, Ant and Dec who are well known television presenters in the United Kingdom.
Fact Check. False. Ant McPartlin does not use the Bitcoin Motion website.
Was Bitcoin Motion featured on Dragon’s Den?
Dragons Den has never featured Bitcoin Motion in any of its episodes. Dragons Den is a popular prime time television show where budding entrepreneurs showcase their business ideas infront of a panel of prominent experts in hope of securing funding.
Fact Check. False. Dragons Den has never shown an episode featuring Bitcoin Motion
Is there a Bitcoin Motion alternative?
There are many other cryptocurrency trading robots on the market and if Bitcoin Motion isn’t for you, then it’s worth checking out what else is available. Some focus solely on crypto, while others include automated forex trading or stock investing. Here are five options you can have a look at.
- Oil Profit takes a different approach to standard crypto trading and focuses on commodities instead. It particularly trades the oil markets ups and downs.
- Immediate Edge is one of the most popular cryptocurrency trading robots and finds opportunities in the whole crypto market.
- BitIQ is a top choice if you want to trade smaller altcoins which are often more volatile but provide bigger moves. Although big moves dont always result in profit
- Ethereum Code is one of the few crypto trading robots that trade coins operating on the Ethereum blockchain and particularly ETH.
- Bit Index AI uses artificial intelligence to identify profitable trading opportunities and send them to partner broker platforms automatically.
Our top robot trading tips for beginners
- Familiarise yourself with trading. Trading is a complicated process and even if your planning to use automated software its a good idea to understand the basics at the very least.
- Understand cryptocurrency space. The cryptocurrency market is still fairly new and changes can happen very quickly. Its helpful if you take the time to get to know the space and learn about coins like Bitcoin.
- Practice with a demo account. Just because a crypto robots website says you will make lots of money doesnt mean you will. Before you start using a bot, make sure you practice on a demo account so you dont risk any money.
- Start small and build gradually. As your knowledge and experience of the Bitcoin Motion robot grows you can add to your risk. But you should always start of slow and build gradually.
- Only invest what you can afford to lose. Cryptocurrency trading robots are volatile and it is possible to lose all of your money. So never invest more than you can afford to risk.
Our final verdict on Bitcoin Motion
Using an advanced AI to analyse the cryptocurrency markets, Bitcoin Motion claims to be able to react more quickly than other users and says this is how its users can make profits. While this may seem like a good strategy, the bold profits the Bitcoin Motion website claims are questionable.
For instance, it suggests €1,500 per day profit is achievable, but doesn’t say how much of an investment is required to generate it.
If you are interested in the Bitcoin Motion trading platform, we advise you to sign up and first use its demo account to see if the profits claimed by the robot are possible or not. At the same time, make sure to familiarise yourself with cryptocurrency and the crypto markets so that you are best placed to adjust your trading strategy as and when needed.
Methodology: how we scored this Bitcoin Motion review
Everytime we review a cryptocurrency trading platform we follow the same process. We first create an account and make an initial deposit. Next we adjust some settings and set up the robot before allowing it to automatically place trades.
For our Bitcoin Motion review we also conducted indepth research into online reviews from other users of the software. We also tested the website’s customer support function and made some adjustments to the platform’s settings.
Following our research and analysis, we used the information gathered to provide our final verdict. Our review is independent and unbiased; no platform or software can influence our rating. However, we may earn a commission if you sign up using any of the links on this page. Our how we make money page has more information.
The Bitcoin Motion website gives no information about who owns the trading robot.
Bitcoin Motion is free, but it charges a fee of a small percentage of the profits its users make to cover its expenses.
There are several user reviews in which they say they have been able to make higher than usual profits using Bitcoin Motion. This reflects that the trading robot does work.
Yes, there are no signing up or annual charges associated with Bitcoin Motion. However, you may have to pay trading fees with one or more of Bitcoin Motion’s partner brokers.
Several online reviews show Bitcoin Motion delivering on its promises, indicating that it is a legitimate service and not a scam.
Bitcoin Motion could be worth it if it can live up to its promise of a more than 80% success rate. You can also use it to generate trade ideas and then do the live trading yourself.
The use of AI and a vast network of regulated brokers enables the Bitcoin Motion trading platform to capture market movement faster than its competitors, making it more suitable for people willing to make higher profits.
No, there is no Bitcoin Motion app yet. However, any internet-enabled mobile with a compatible browser can still be used to access the services.
It is possible to make money with Bitcoin Motion, but cryptocurrencies are highly volatile and where there are chances of making money, you can lose too. You can make profits but you have to weigh the risks at the same time.
No. Currently, Bitcoin Motion only offers trading suggestions for cryptocurrencies.
You can contact your personal account manager to initiate an account deactivation. Just make sure you withdraw your funds beforehand.
You can contact Bitcoin Motion’s customer services or your personal account manager and they will help you through the password recovery process.
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 >