Review of Bitcoin Revolution
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Despite its name, Bitcoin Revolution actually allows users to use its robot to trade a small collection of cryptocurrencies in addition to Bitcoin. The interface is easy-to-use and the website claims that Bitcoin Revolution’s trading robot has a success rate of over 90% when buying and selling cryptos.
This review takes a closer look at the claims made by Bitcoin Revolution, and assesses whether the platform is legitimate and can be trusted with your money.
Pros & Cons
What is Bitcoin Revolution and what can I do with It?
Bitcoin revolution is an automated cryptocurrency trading robot for placing Bitcoin trades. According to the robot’s website, Bitcoin Revolution uses advanced technology to analyse the crypo markets 24/7 and place trades whenever it spots patterns that are likely to lead to profitable trades.
Expert traders can also use Bitcoin Revolution’s website to set parameters for trades they would like to make. Instead of just turning the robot on and allowing it to buy Bitcoin by its own rules, you can set unique instructions (for instance, buy a certain amount of BTC the instant the price falls below a set level). This means you can use Bitcoin Revolution to augment your own trading strategy.
How does the Bitcoin Revolution website work?
Bitcoin Revolution’s cryptocurrency trading robot works by using artificial intelligence to spot patterns and trends in live trading data of Bitcoin, Ethereum, and other cryptocurrencies. It then connects with a partnered broker to place trades automatically using the data it has gathered by analysing the markets.
Signals are sent to the partnered broker via an API, and the crypto robot automatically opens and closes positions on the broker’s online platform in the pursuit of generating profits for its users.
Bitcoin Revolution key questions – answered!
Which brokers can I use with Bitcoin Revolution?
The cryptocurrency brokers you can use with Bitcoin Revolution’s robot will depend on the platforms with which they have connected via an API. The full list isn’t publicly available, but is likely to include names such as FXTB, Investous, and EuropeFX.
What cryptocurrencies are supported?
While it’s natural to assume from the name that the Bitcoin Revolution robot lets you trade Bitcoin, it is not limited just to the world’s most famous cryptocurrency. In addition to Bitcoin, this automated trading service allows you to trade:
- Ethereum (ETH)
- Litecoin (LTC)
- Ripple (XRP)
- Dash (DASH)
- Monero (XMR)
- Bitcoin Cash (BCH)
Can I use Bitcoin Revolution on mobile and desktop?
Yes, you can use Bitcoin Revolution on both desktop and mobile devices using a browser. There is no mobile app for Bitcoin Revolution, but the platform’s automated robot is available on any of the following devices as long as you have an internet connection:
- Desktop computers
- Laptop computers
- Smartphones (both iOS and Android)
Can I trade assets with leverage?
Yes, the Bitcoin Revolution websites allows for leveraged trading of cryptocurrencies. This is because it partners with a number of CFD brokers that allow for leveraged trading, and the platform’s crypto robot is able to use these techniques as part of its automated trading capabilities.
You should always be careful before trading with high leverage, especially when placing trades in the cryptocurrency markets with a robot. This is because while leveraged trading can lead to larger gains, it can also maximise losses.
Can I open long and short positions?
Yes, Bitcoin Revolution’s advanced automated trading robot will open both long and short positions on your behalf – depending on which way it sees the market moving. To sell something short is also called ‘shorting’ and means betting that the asset will go down in price and is a way of making money even when markets are falling.
What are the payment methods and withdrawal/deposit limits?
In order to use Bitcoin Revolution’s robot you will first have to make the $250 minimum deposit to the platform. You can do this using the following payment methods:
- Credit card
- Debit card
- Bank transfer
In terms of withdrawing your money, this will be done from the broker with which the automatic trading robot places your trades. You will need to navigate to the account on the broker’s platform and process your withdrawal, which can take up to 48 hours to complete.
Are there any costs and fees involved?
While Bitcoin Revolution doesn’t charge any additional costs and fees, you might find that some of your trading amount will be deducted by the cryptocurrency broker with which the robot places trades on your behalf. The level of these fees will depend on the trading platform.
How do I withdraw my money?
Any withdrawals will need to be made from the brokerage account with which the robot is connected. This is because the trades are not made on Bitcoin Revolution’s platform but with the broker connected to the robot with an API.
To withdraw your money simply:
- Navigate to the broker’s platform
- Log in
- Click ‘withdraw’
- Enter the amount you wish to withdraw
- Give your bank details
- Click ‘confirm’
The money should then be delivered to you within 48 hours.
What is the registration and verification process?
The registration process on Bitcoin Revolution is quick and easy. You simply need to provide your name, email address, contact number, and set a password. Once this is done you’ll receive an email with a confirmation link to click and then you’re ready to start trading using the cryptocurrency robot.
Registering for an account on Bitcoin Revolution requires you to fill your name, email address, contact number, and setting a password. Once your account is verified, which usually takes a few minutes, you can begin to start trading in your favourable cryptocurrency.
What is their customer service like?
Bitcoin Revolution’s customer service team is available 24/7 to users registered on the platform. You can contact the team via both livechat and email, and a member of the team will call you immediately upon registration to help you set up the automated trading services of the robot.
How does it compare against other autotraders?
Bitcoin Revolution holds up well when compared with other prominent robots such as Bitcoin Code, Bitcoin Profit, and Bitcoin Era. Its trading robot gives access to a broader range of cryptocurrencies than most, offers great customer service, and regularly appears in lists of the best Bitcoin robots online.
Is Bitcoin Revolution legit?
Bitcoin Revolution does offer a robot that places automatic cryptocurrency trades, but users should be very wary of its misleading and factually incorrect marketing techniques.
The platform boasts that users can make £1,000s a day without doing anything and claims that famous celebrities have endorsed the platform. Both of these claims are totally untrue. Those kinds of gains are not possible when trading cryptocurrencies with a robot, and we run through some of the disinformation about Bitcoin Revolution and celebrity recommendations below.
While the platform does allow users to trade cryptocurrencies with a robot, you should not rely on this completely and users should treat any marketing communications from Bitcoin Revolution with suspicion.
Has Bitcoin Revolution been recommended by celebrities or appeared on TV?
There has been speculation online that Bitcoin Revolution has been used and endorsed by several high profile celebrities. We could find no evidence that any of these claims are true, and below you’ll find a fact check of the three celebs and TV shows that have been most prominently rumoured to be associated with the platform.
There have been numerous other celebrities and public figures rumoured to be linked to this trading robot, but here we have looked into only the three most commonly mentioned.
Has the platform ever appeared on Dragons Den?
No, Bitcoin Revolution has never appeared on Dragons Den or been endorsed by any of the individual ‘dragons’. Dragons Den is a popular British TV show on which entrepreneurs have the chance to pitch their business ideas to a panel of wealthy investors, hoping to entice one of the group (known as ‘the dragons’) to invest in their idea.
Fact check: False. Many different platforms have speculated that this platform had been one such business seeking investment, but we investigated this and found it not to be true.
Is it true that Ant McPartlin endorsed Bitcoin Revolution?
It is not true that the trading robot has been endorsed by Ant McPartlin, no. Half of Britain’s much loved presenting duo ‘Ant and Dec’ with Declan Donnelly, Ant McPartlin is one of the UK’s best-known TV stars.
Fact check: False. Despite various online assertions, he has never been associated with Bitcoin Revolution in any way.
Does Connor McGregor use the Bitcoin Revolution website?
No, famous Irish UFC fighter Connor McGregor has never used or spoken about the platform publicly. Former Ultimate Fighting Championship featherweight and lightweight champion McGregor has been a rather controversial figure in recent years, and has rarely been out of the public eye.
Fact check: False. There have been stories linking McGregor to crypto investing and to Bitcoin Revolution, but these reports are incorrect.
How to trade with Bitcoin Revolution
Trading using Bitcoin Revolution’s crypto robot is a simple process. The platform has a user-friendly interface on both desktop and mobile browsers which can be used to monitor your trading activities and set trading parameters.
To trade using the robot you first have to make the minimum deposit of $250 and then navigate to the automated trading dashboard. Here you’ll have the option to turn on the robot and allow it to execute cryptocurrency trades according to its algorithm.
If you want to trade Bitcoin and other cryptocurrencies more precisely, you can give the robot instructions such as limits at which to buy and sell different coins. If you’re completely new to crypto trading, then you can also start out by using Bitcoin Revolution’s demo account. This allows you to program the robot and make trades in real time but with fake money. You can therefore learn the ropes without risking your capital.
How to open an account with Bitcoin Revolution
- Register. To register for a Bitcoin Revolution account you simply need to provide your name, email address, and a contact number. An email will then be sent to you to verify your identity and you can move onto the next step.
- Deposit Funds. Before you can start trading cryptocurrencies you need to make Bitcoin Revolution’s minimum deposit of $250. You can deposit more if you wish, but you won’t be able to use the robot until you have deposited at least this amount.
- Trade. Once you’ve set up and funded your account you’ll be able to turn the broker on and allow it to start placing automated trades on your behalf. You can either just set it to ‘on’ and sit back, or you can set rules for it to follow when making trades.
Our top robot trading tips for beginners
Even if trading using a cryptocurrency robot, you need to take the time to understand how cryptocurrency trading works. You never want to invest in something you don’t understand, even if using automated software. Always bear the following in mind.
- Learn about trading first. Getting to know the basics of trading will help you better understand how the robot works and how best to utilise it. Take our cryptocurrency trading courses to find out everything you need to know.
- Learn more about cryptocurrency. The more you know about cryptocurrency, the better you will be able to spot opportunities to make money in the crypto markets. Keep up to date with all the latest crypto news here.
- Start with a demo account. Using a demo account allows you to gain experience of trading, and learn how Bitcoin Revolution’s website works, before risking any of your money in the markets.
- Start small. When you’re just starting out you’re bound to make mistakes. Because of this, start out making small crypto trades and then increase the amount you invest as you gain more experience.
- Only invest what you can afford to lose. This is the most important thing when it comes to investing in cryptocurrency. Nobody is guaranteed to make money when trading, and so never invest more than you could lose without it impacting your quality of life.
Bitcoin Revolution allows users of any level of experience to trade cryptocurrencies using an automated robot. While the platform’s robot will execute crypto trades, users should treat all the outlandish marketing claims made by Bitcoin Revolution with deep suspicion. The website has not been endorsed by any major celebrities, nor can it achieve a trade success rate of over 99% (this is impossible even for the best crypto traders).
While you won’t get rich overnight using Bitcoin Revolution, you can progamme its trading robot to execute trades according to your strategy. This means that experienced traders can use the robot to place trades 24/7 without them having to be at their screens every minute of the day. This feature means that Bitcoin Revolution can be used as part of a broader strategy – rather than being trusted completely with all your trades (which we would not recommend).
We strongly recommend that any beginner users of Bitcoin Revolution’s platform strat out using its ‘demo account’ feature. You may feel that nothing can go wrong with automated trading, but this is far from the case and taking the time to understand how the robot works before trusting it with your money is the best strategy.
In the sense that the platform gives access to a cryptocurrency trading robot with automated trading functionality, Bitcoin Revolution’s services work as described. However, the claims the company makes about its effectiveness are entirely bogus and should not be believed. You will not make thousands of pounds in a short space of time with the robot.
If you’re going to use Bitcoin Revolution’s services, you should do so by setting your own trading parameters on the robot. This way you can use it as a tool to aid your trading strategy, rather than a ‘get rich quick’ solution.
Yes, it is quick and easy to open an account on Bitcoin Revolution. All that is required is a name, email address, contact number, and password. Typically the sign up process only takes about half an hour and then you’re ready to start trading.
No, you cannot withdraw any cryptocurrencies from Bitcoin Revolution. This is because the robot makes trades with partnered brokers which use CFD trading to speculate on cryptocurrency markets. As such all payouts are made from the broker and in fiat currency.
It depends on your perspective. Bitcoin Revolution does offer robot trading services as described, but at the same time the platform makes clearly bogus marketing claims – such as the ability to become a millionaire in months and that it has won trading awards (we could not find any evidence of this).
The platform’s automated trading robot does trade cryptocurrencies without the need for human intervention, but there is no way that it is as successful as it claims. Near 100% accuracy when placing trades is impossible and you will not see this level of success if you use Bitcoin Revolution.
There are no fees for using Bitcoin Revolution, but you might face withdrawal fees when trying to get your money out of the broker with which it places trades. What fees may be involved on the broker side aren’t clear and are not listed on the Bitcoin Revolution website.
Deleting your Bitcoin Revolution account involves two steps: closing your account on the platform itself, and closing the broker account that is set up for the robot to place trades. You should email Bitcoin Revolution and let them know you wish to cancel your membership, then withdraw your money from the broker and click ‘close account’.
It is not clear who owns Bitcoin Revolution. Our researchers looked into the information on the platform’s website but could find no mention of any details on who owns it or who wrote the software.