Sign up
4.2
Trade BTC, ETH, XRP, LTC automatically
A secure platform, partnered with ASIC & CYSEC registered brokers
Sign-up with Bitplex 360 Sign-up with Bitplex 360

Bitplex 360 review 2024

Investing options: 4.1

Platforms & usability: 4.1

Products, markets, & assets: 4.2

Safety & reliability: 4.4

Deposits & withdrawals: 4.1

Research & analysis tools: 4.3

Fees & costs: 4.2

Education & learning resources: 4.1

Bitplex 360 review Summary

By:
Updated: May 17, 2024
Listen
16 min read
Bitplex 360 is an automated Bitcoin trading robot that allows you to trade cryptocurrencies using the latest AI technology.

The Bitplex 360 crypto robot offers an automated trading and coin tracking system, where you can monitor a token’s performance and learn how the market moves before starting to trade for real.

In this review, our team of crypto experts investigate Bitplex 360 to assess its fees, convenience, and results. We dive into the rumours you may have read online about who’s behind the platform, and judge whether it lives up to its claims. If you want to learn whether Bitplex 360 is the right automated service for you, then keep reading to find out.

We know numerous websites that 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 their available services upon registration.

Based on our research, Bitplex 360 appears to be a genuine trading robot

We test every crypto robot extensively and only recommend software that looks legitimate. The results of our investigation suggest that Bitplex 360 seems to be a genuine trading bot. To sign up for a free trial and test the software for yourself, follow the link below. Once you’ve done so, an account manager will call to explain how to create an account and set up the bot.

Sign up for free

What is Bitplex 360?

Bitplex 360 is a piece of automated trading software that employs cutting-edge technology, such as AI and Machine Learning, to detect potentially profitable trading signals in the cryptocurrency market. The proprietary crypto trading ap performs fundamental and technical crypto asset analysis to predict specific crypto tokens’ price movements. 

After analysing these market trends, it automatically executes the trading order without any instruction from the trader. The crypto robot uses blockchain technology, automation, and a strategy called High-Frequency Trading (HFT) to detect market movement, automatically take advantage of the small price movements in cryptocurrency, and identify profitable trades.

Additionally, the Bitplex 360 app also has a manual trading mode for experienced traders and a demo account. Users can specify their trading parameter conditions in the platform’s interface. The robot automatically executes a trader’s specified order at the precise conditions. This feature enables traders to trade at their preferred market conditions without constant monitoring. 

Pros & Cons

Pros:

Trade BTC, ETH, XRP, LTC automatically
A secure platform, partnered with ASIC & CYSEC registered brokers
Test the service with a free demo account
Copy trading and social trading features available
Trade through MetaTrader 4 & 5

Cons:

Can I open an account with Bitplex 360?

Bitplex 360 summary

FeatureBitplex 360
Supported cryptocurrenciesBTC, ETH, XRP, LTC
FeesNo fees
Success rate96.3%
Minimum deposit$250
Mobile app?Yes
Withdrawal speed24 hours
Demo account?Yes
Leverage available1000:1
Customer supportLive chat, phone, email
Verification requiredYes
RegulationYes, CySEC brokers
More Bitplex 360 features >
Great, I’m Ready to Sign Up Now

About the Bitplex 360 platform

How does Bitplex 360 work?

The Bitplex 360 app leverages artificial intelligence to analyse hundreds of cryptocurrencies and identify promising trades. The intricate process begins when the AI identifies potential trading opportunities, swiftly sending a signal to your broker account to execute the trade. This signal contains crucial trade details, including position size, entry point, and stop-loss and take-profit prices.

Integrated brokers then execute these AI-generated signals instantly on users’ behalf, allowing hands-free automated trading. Bitplex 360 partners only with reputable brokers regulated under ASIC, FSCA, CySEC and more.

Beyond automation, Bitplex 360 also functions as a backtesting tool for developing trading strategies. By assessing theoretical trades against historical data, traders can build custom rules and refine profitable methodologies.

The platform enables full customisation of traded assets, strategies, and risk management to align with user risk tolerances and goals. You can configure the system to receive more or fewer trade ideas within your ideal parameters.

What assets and products can be traded on Bitplex 360?

The Bitplex 360 app is primarily designed for trading Bitcoin. Its systems and strategies help people with no prior trading experience find profitable trading opportunities.

However, in addition to Bitcoin, Bitplex 360 also allows you to trade cryptocurrencies from around the entire crypto market. Here are some of the coins available to trade:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • ZCash (ZEC)
  • Ripple (XRP)
  • Monero (XMR)
  • Golem (GNT)
  • Status (SNT)
  • Lisk (LSK)
  • Bitcoin Gold (BTG)

How much does Bitplex 360 cost to use?

There are no trading fees associated with the Bitplex 360 crypto trading bot. However, the brokers it partners with will charge a commission for each trade you make through the Bitplex 360 trading platform. We found that the average commission was between 1-2% on every trade.

What are the payment methods accepted by Bitplex 360?

To access the automated trading services of the Bitplex 360 trading platform, you have to make a minimum deposit of $250 into your account. Several payment methods are available, including credit/debit cards, Wire transfers, Neteller, WebMoney, Skrill, Bitcoin, and Apple Pay.

Here’s a full list of available payment methods on the Bitplex 360 app. 

  • Bank transfer
  • Credit card
  • Debit card
  • Wire transfer
  • Neteller
  • WebMoney
  • Skrill
  • Bitcoin
  • Apple Pay

Is there a Bitplex 360 app for both mobile and laptop computers?

Yes, the Bitplex 360 trading software has both a mobile app and can be used on desktop or laptop computers. All that is required is an internet connection to use the software on a desktop or laptop and the robot can be accessed through any web browser.

You can also use the Bitplex 360 mobile app, which can be downloaded on both Apple and Android devices. Below is a list of devices that the Bitplex 360 automated trading platform can be used on. 

  • Desktop computer
  • Laptop computer
  • Smartphone
  • Tablet

Bitplex 360 key features

Our trading experts tested all of Bitplex 360’s tools and below is a selection of its most unique features. 

Easy-to-use interface

The Bitplex 360 interface is ideal for new traders and takes little time to get to grips with. It’s been designed with both beginner and experienced crypto traders in mind. It can be accessed directly from a web browser or via a mobile app; adjusting its cryptocurrency trading platform is a simple process. 

Trade with leverage

All of the brokers that Bitplex 360 partners offer users the ability to trade with leverage. This means you only need to deposit a small amount of money to trade large positions. You can maximise your gains with leverage, although your losses can also be large. 

Free demo account

One of Bitplex 360’s best features is its free demo account. Using virtual funds to practice with the crypto trading platform is an excellent way to test its tools and make adjustments before moving to a live trading account.

Alongside this demo account, Bitplex 360 also offers copy trading and social trading, two forms of online trading that are perfect for beginners, allowing you to learn from other, more experienced, day traders.

Which brokers can I use with Bitplex 360?

Bitplex 360 partners with regulated and reputable broker networks to offer CFD trading in cryptocurrency assets. You cannot see the full list of available brokers until you sign up with the trading software.

During our robot testing, we were given the option to trade with either UFX or EuropeFX, although external reviews suggest the list is much larger. The Bitplex 360 trading platform partner brokers also offer forex trading services.

Can I trade assets with leverage?

Yes, the brokers partnered with the Bitplex 360 trading account allow leverage trading services in digital currencies. The official website does not provide details on the leverage trading options available. External research suggests that users can access leverage of up to 1:1000 with these brokers. 

Please note that trading with such high leverage is risky and should be avoided unless you’re very experienced. Crypto market prices are extremely susceptible to volatility. Trading with such high leverage causes losses in huge amounts if the market falls even a bit. 

Can I open long and short positions with Bitplex 360?

Yes, Bitplex 360’s partnered brokers allow traders to open both long and short positions. In other words, users can place trades irrespective of the market moving upwards or downwards. A trader can go long or short with the Bitplex 360 auto trading platform. 

A long position refers to a trader’s stance that the price of an asset will move upwards, whereas a short position refers to a trader’s stance that the price of an asset will go down

How do I get paid? What about payouts?

You can request a payout at any time from the Bitplex 360 auto trading platform. All you have to do is visit the trading dashboard and fill out a withdrawal form. You’ll need to enter the amount of money you wish to withdraw and your preferred payment method. Bitplex 360 will process your withdrawal and your money will be back in your bank account within 24-48 hours. 

What is Bitplex 360’s customer support like?

Bitplex 360 offers customer support around the clock, but only once you’ve created an account. When you sign up, you’re assigned a personal account manager who is on hand to answer any questions you might have and deal with any customer support queries.

Before registration, you can contact Bitplex 360 through a contact form available on their website. After registration, you can contact your personal account manager through the phone, live chat, or via email. Here is a list of the different customer support services that come with a Bitplex 360 app account. 

  • Online form
  • Email
  • Live chat
  • Phone 

Safety and security

Is Bitplex 360 safe to use?

Yes, we found Bitplex 360 to be safe. It offers a clear indication of the risks involved and provides an appropriate level of protection to its users.

All of Bitplex 360’s partner brokers are regulated in their local jurisdiction, while Bitplex 360 offers a demo platform for beginners to get started without risking any money. Once you do sign up, you’re protected by Two Factor Authentication (2FA) and SSL data encryption.

However, we have heard some reports that Google users have seen scam Facebook ads, purporting to be from the Bitplex 360 platform. We do not believe these ads, or those on any other social media sites, to have been produced by Bitplex 360 itself.

Is Bitplex 360 regulated?

The Bitplex 360 trading app itself is not regulated. However, the brokers it is partnered with all are. CySEC is the regulatory body that provides licences to Bitplex 360’s partner brokers. CySEC is one of Europe’s largest and best-known regulators and offers protection to clients depending on location. 

Is my money protected on Bitplex 360?

Yes, all of the brokers with which Bitplex 360 is partnered offer protection for your money. One of the benefits of trading with a licenced broker is the compensation schemes on offer. For example, for CySEC-regulated brokerage firms, compensation of up to $20,000 is available if a broker ever goes out of business. 

Who owns Bitplex 360?

There have been many online rumours about the owners of Bitplex 360, with many people speculating that a well-known celebrity figure created the software. While investigating for our Bitplex 360 review, we could not verify any of these claims. 

Our investigation uncovered the Bitplex 360 trading bot owners are a group of traders and software developers with many years of experience in the cryptocurrency market. While their names remain unknown, this is quite common, especially in the crypto world where privacy remains a high priority. 

What is the registration and verification process?

Registering with Bitplex 360 is easy and can be completed in a few minutes. To register, you have to fill in the details on the sign-up form available on the robot’s home page. You must provide details, including your name, phone number, email, and country of residence. A verification and SMS link will be sent to your provided details. 

How to start trading with Bitplex 360

Step 1. Create an account with Bitplex 360

The first step you need to take is to visit the official Bitplex 360 website, where you can fill out a signup form. This is a very quick step and will take just a few minutes. You’ll be required to enter your name, email address, and phone number.

Bitplex 360 website page

Step 2. Make a minimum deposit of $250

Once your Bitplex 360 trading platform account is registered, you will need to make a minimum deposit of $250 in one of its partner brokerage accounts. You’ll need to create an account with one of its brokers, so make sure you have an ID, such as a passport or driver’s licence.

Step 3. Set up your Bitplex 360 trading system

Now it’s time to set up your Bitplex 360 platform. Its user interface is very simple so setting it up won’t take much time. You can decide which coins you want to trade and how often you want to buy and sell crypto.

Bitplex 360 website page 2

Step 4. Adjust risk management settings

Before you let the crypto trading system start trading on your account you should take the time to adjust its risk management settings. This is an important step because it can help protect you from losing too much money. Start off slow and increase your risk if you feel comfortable.

Step 5. Start investing with Bitplex 360

You can start trading with the Bitplex 360 platform when everything is set up. Before you do, we recommend you run it on a free demo account. This way, you can iron out any issues without risking your money and decide for yourself, if Bitplex 360 is legit.

Bitplex 360 web page 3

Open Demo Account

Despite many online rumours about partnerships between Bitplex 360 and figures in the public eye, we could not find any proof that this trading robot has been promoted by any celebrities or appeared on television. These claims are commonly made for trading platforms, but appear to have no basis.

For the benefit of our users, we have fact-checked three of the most commonly made claims about the platform appearing on TV or being used by celebrities.

No, the Bitplex 360 trading bot has never appeared on the popular British breakfast television show This Morning. The show is broadcast every weekday morning in the UK on ITV and has won many awards at both the National Television Awards and the TV Choice Awards.

Fact check: False. Some people have claimed that This Morning has discussed this crypto robot, but these claims are untrue.

Does Elon Musk use the Bitplex 360 website?

Elon Musk does not use this platform to trade cryptocurrencies. Elon Musk is one of the most famous businessmen in the world, regularly battling the likes of Jeff Bezos and Bernard Arnault to be the richest man in the world.

Fact check: False. Upon looking into these claims, we discovered no evidence backing them up and Elon Musk does not use any crypto trading platforms.

Has the platform ever appeared on The Project?

Bitplex 360 has never been featured on The Project. The show is broadcast weekly in Australia on Network 10 and focuses on carrying news and current events to people across the country alongside opinion talk shows.

Fact check: False. This crypto robot has never appeared on the Australian TV show The Project.

Trade Now

Is there a Bitplex 360 alternative?

There are lots of other Bitcoin bots out there. Many offer a similar service and are tailored to crypto trading, while others take a broader approach and let you trade stocks and forex as well. Here are some other trading platforms you might want to consider:

  • Immediate Vortex is a trading bot that uses machine learning to trade Ethereum and other ERC-20 cryptocurrencies.
  • Immediate Connect is a crypto auto trader with a trading system that’s easily adjustable to suit top cryptocurrencies and altcoins alike.
  • Bitcoineer is a crypto bot that uses a combination of artificial intelligence, machine learning, and natural language processing to identify and place trades.
  • Immediate Bitwave is a crypto auto trader with a trading system that’s easily adjustable to suit top cryptocurrencies and altcoins alike.
  • Trader AI is a fully automated crypto robot that uses advanced technology to craft highly optimised trading strategies on crypto, stocks, and more.

Our top robot trading tips for beginners

It is necessary to understand how cryptocurrency markets work and the process of trading crypto-assets, even if you are using a robot to execute trades. Never invest money in something you don’t understand. Here are a couple of tips you should be aware of before selecting a crypto trading platform.  

  1. Familiarise yourself with trading. Beginners must be familiar with the schematics of cryptocurrency trading and crypto market movements.  
  2. Understand cryptocurrency space. Cryptocurrency trading differs from trading in traditional markets. This is primarily because coin prices are susceptible to volatility. A trader must understand the space before beginning to invest. 
  3. Practice with a demo account. Bitplex 360 offers the feature of demo trading. It is advisable to start trading using the demo account feature, which allows traders to navigate different functions from the control panel without risking any capital.  
  4. Start small and build gradually. Invest in small amounts. Practice and build your portfolio gradually. These are the best ways to be successful in the long term.
  5. Only invest what you can afford to lose. Always remember that you cannot become a millionaire overnight by trading in cryptocurrency markets. Do not invest your hard-earned money and bet big. Start small and invest what you can afford to lose when using trading platforms in the crypto market.  

Our final verdict

The Bitplex 360 robot could make a good addition to your trading strategy and help start your trading journey. It’s one of the rare bots we’ve found that is specifically designed for beginners, with a convenient, user-friendly interface to help any new users get started.

During our time testing the bot, we experienced positive results and a successful trading experience, however, they were not in line with what is claimed on the official Bitplex 360 website or what we have read online, regarding a success rate of more than 90%.

Before you decide on using Bitplex 360 you should conduct your own research. If you’re looking for an addition to your trading strategy, then Bitplex 360 is a good choice, however, if you’re looking for a get-rich-quick scheme for the crypto market, it’s best to look for another piece of auto trading technology. 

Visit Bitplex 360 & Create Account

Our methodology: How we scored this Bitplex 360 review

Helping people make better financial decisions is at the heart of our mission at Invezz. 

We test each crypto robot to provide clear, accessible guidance on the service it offers and how it compares to the 63+ other platforms we review. Testing is carried out by our panel of crypto experts, analysts, and active traders who sign up to the robot, conduct research, and score the service.

To supplement our practical testing and experience, we research the AI robot to gather any further relevant information and provide context to help you decide whether the automated trading platform is right for your investing needs. We read online customer reviews, app reviews on the Play Store and App Store, and conduct user surveys to get feedback from real people about what works, and what doesn’t.

The robot is awarded a final score based on 130+ data points across 8 ranking categories: cost, reliability, user experience, deposit & withdrawals, investing options, range of products/markets, research & analysis tools, and the availability of educational & learning resources.

We work closely with each individual robot to ensure all factual information displayed here is accurate. All data is then fact-checked by an independent reviewer. You can learn more about our expert panel and how we test, rate, and review platforms in our review process

FAQs

Is Bitplex 360 legitimate or not?
Is it easy to open a Bitplex 360 account?
Can I withdraw cryptocurrency from Bitplex 360?
Is Bitplex 360 an MLM or Affiliate scam?
Does Bitplex 360 really work as described?
How much does it cost to use Bitplex 360?
How do I delete my Bitplex 360 account?
Who owns Bitplex 360?
Is Elon Musk the owner of Bitplex 360?
Is Bitplex 360 genuine?
Get Started Today for FREE


Sources & references
Risk disclaimer
Pooja Kadia
Financial Writer
Pooja is a financial writer for Invezz. She has held the positions of Content Head at more than 7 companies. She has written for prominent cryptocurrency... read more.