If you want to make extra money through crypto trading, you may have heard of Bitsoft 360 Ai – a cryptocurrency trading robot. But is it legit? Or is this a scam?
Bitsoft 360 is a cryptocurrency trading bot that claims to help traders make money by automatically assessing the market and placing trades. It uses artificial intelligence to evaluate market data and, based on this information, takes trades for users. Bitsoft 360 also offers great signals for trade entry and exit.
It aims to provide traders with a market advantage over their competitors. It’s a proven fact that, over time, most traders lose more money than they make. With Bitsoft 360, users can rely on artificial intelligence’s computing power to guide their transactions. This Bitsoft 360 review examines Bitsoft 360 in more detail and determines whether it’s worth your time and money.
Who created Bitsoft 360?
Like many crypto projects, Bitsoft 360 founders still need to be discovered. Different sources point to a group of developers who wanted to help people trade cryptocurrencies. Also, more information is needed on the algorithm that powers the bot, which is logical given that it is the key to the bot’s performance. However, this also means that this platform is worth being careful with.
How does Bitsoft 360 work?
Bitsoft 360 uses artificial intelligence to set up automatic trading strategies, take profit/stop loss levels, and execute automated trades for profit. It explores algorithmic trading, where sophisticated computers make snap judgments based on strategy, data, and analysis.
| Fees and Commission | No commission |
| Trade success rate | >90% |
| Minimum deposit | $250 |
| Supported assets/cryptocurrencies | 20+ different cryptocurrencies |
| Deposit and withdrawal fees | None |
| Demo account | Available to all users |
| Leverage | Up to 1:500 |
Regardless of the situation, humans can make these decisions but must be faster, more efficient, and more focused to make effective decisions. Bots do not have these limits. Users can obtain greater accuracy by programming an algorithm with market conditions, trade settings, and historical data. An algorithm only needs to make the correct judgment once before repeating the same process a thousand times in the same way. With these contracts, you can trade any movement in the market instead of holding the currency and only making money when prices rise.
Finally, the bot’s program collaborates with certified crypto exchanges and brokers worldwide. You must open an account with one of them.
| Advantages | Disadvantages |
| Easy to use for beginners | No learning materials |
| Trade quickly and accurately | No verifiable information on the founding team |
| 24/7 customer service | |
| Fast payments, usually within 24 hours |
Main Features of Bitsoft 360
Simplified interface
Bitsoft 360 AI is designed for beginners. The dashboard’s straightforward design lets users easily identify tabs and icons and explore different interface portions.
Fast and precise algorithm
While there is no official success rate, online reviews put it around 90%, which accurately predicts around 9 out of 10 trades. This success rate, combined with its trading capabilities and Sub-Second-Order execution, means it can make profitable trades quickly, so you can make money even when the market is volatile.
Customizable dashboard
Bitsoft 360 offers many features, from beginner tools to advanced mechanisms. Automated mode comes pre-programmed with everything needed to make profitable trades, but expert traders can add more features to execute complex strategies.
Demo account
Before you start live trading, you can learn the demo account’s trading system and user interface. You can also test and assess the performance of various trading techniques before implementing them on a real account.
Simple registration process
Bitsoft 360 comes pre-packaged and ready to use right out of the box. After completing the account registration process, which takes about 20 minutes, you can start using the demo account or making genuine trades.
Factors to Consider Before Using Bitsoft 360 Ai
Safety
The AI platform works with regulated brokers to provide a controlled, legal trading environment. Bitsoft 360 also ensures that user information is protected by SSL encryption. Additionally, users must pass KYC to ensure they are who they say they are and avoid identity theft.
Customer support
Numerous users have tested the website’s claims of a responsive 24/7 customer service team. Canadian users have called Bitsoft 360 several times at different times of the day and got through to a human representative each time. Also, some users based in Canada had to wait about 10 minutes, which is expected for many companies that support phone lines.
Payments
Some platforms may take days or weeks to process withdrawal requests and return the funds to your bank account. However, when users complete their withdrawal form on Bitsoft 360, users usually receive their funds within 10 hours. This is not guaranteed as high withdrawal volumes may require more processing time, but expect withdrawals to be processed within 24 hours, even for high volumes.
User experience
Bitsoft 360 Ai provides clients with a simple tool with a smooth user experience. The website is simple to navigate, and its clean interface makes its features and functions clear to new traders.
Educational material
Perhaps the Bitsoft 360 Ai platform’s weakest area is its educational section. Some platforms have a wealth of educational materials that help users learn more about trading successfully.
Unfortunately, Bitsoft 360 Ai doesn’t offer much learning material.
Is Bitsoft 360 a Legit Autotrader?
Bitsoft 360 Ai is a cryptocurrency trading robot. The bot has favorable feedback on its official website and other high-quality review sites, which helps to establish trust, even though the excellent level of secrecy around its methodology may raise some red flags.
Is Bitsoft 360 safe?
Security is a matter of degrees when it comes to trading bots. However, the site has taken precautions to ensure that customer data and information are kept behind firewalls. Trading security depends on your strategy and risk management.
Reasons to Use Bitsoft 360 for Trading
Complete automation
Bitsoft 360 Ai includes a completely automated mode that performs all the analysis and trade execution associated with day trading. The bot can work 24/7, and since the crypto market also works all day, it can find multiple profit opportunities quickly. All you need to do is select the initial settings, such as a stop loss, and the bot will handle the rest.
User-friendly interface
Beginners are not left out with Bitsoft 360 Ai because the bot is user-friendly. Because the algorithm does most of the heavy lifting, there are only simple tasks left that novices can do, like adjusting the strategy.
90% success rate
Although Bitsoft 360 Ai’s success fluctuates, it is generally around 90%, a number high enough for profits. Critics have recorded the lowest at 70%, while the highest is around 88%. Users can expect to earn a decent profit from using this bot.
Feature-rich
Bitsoft 360 Ai is programmable. Advanced users who want to implement more complex (and profitable) strategies can change the bot’s parameters to take trades not previously programmed in automatic mode.
Free to use
Many bots and trading platforms charge commissions, while some have hidden fees. This is not true with Bitsoft 360 Ai, as you can use all its free features.
What is the best way to trade with Bitsoft 360?
Depending on your investment goals, trading style, and experience level, you may find that different methods work better than others.
1. Do your research. Before investing money in Bitsoft 360, learn how the robot works and its strategies. Also, learn the basics of algorithmic trading, as bots cannot predict every eventuality.
2. Use demo trading accounts first. If you are new to trading robots or need clarification on whether Bitsoft 360 Ai suits you, try using a demo account before investing real money. This will allow you to test the software and see how it performs in real market conditions without risking real money.
3. Remain disciplined. One of the most challenging aspects of trading is sticking to your rules. Market volatility and price fluctuations might make traders panic and make poor decisions. Make a clear plan and stick to it, even if upset.
Tips for Using Bitsoft 360 Safely and Managing Risk
When using trading robots, security should always be your number one concern. Here are five tips to ensure your trading bot experience is safe and successful:
Start small.
When you first start trading cryptocurrencies, remember to spend only what you can afford to lose. This way, if a trade does not go your way, you won’t have to be concerned about how it will affect your financial stability.
Learn more about cryptocurrencies.
Cryptocurrencies are becoming increasingly popular, resulting in additional trading options. Conducting research before investing in cryptocurrency is critical, as the market can be unexpected. Learning about cryptocurrencies and staying current about the market news are excellent places to start. Knowing these two aspects puts you in a better position to execute winning deals.
Save your profits.
When trading with Bitsoft 360 Ai, it’s a good idea to save a portion of your winnings so that you do not lose everything if the next deal does not go well. Set aside 50% of your profits to secure your continued participation in the game.
Document your transactions.
This will allow you to assess your trading style and make better judgments while ensuring that you comply with any tax rules.
Stay up to current with cryptocurrency developments
To become a good cryptocurrency trader, study from professionals and keep up with the newest developments. This will help you advance as an investor and cultivate the attitude required for success.
What assets can you trade using Bitsoft 360?
Bitsoft 360 Ai supports five main cryptocurrencies (Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash) but does not trade them directly. Instead, it uses CFDs, which reward the correct forecast maker with the difference between the contract’s opening and ending values.
These CFDs allow Bitsoft 360 to offer over 60 pairs to traders, as the supported cryptos are associated with significant currencies.
What are the leveraged trading options with Bitsoft 360?
Bitsoft 360 offers leverage of up to 100:1 on CFD trades. This is well within industry limits and suitable for beginners, as more generous leverage facilities (like 1000:1) could cause more problems for novices.
What are the spreads on Bitsoft 360?
Bitsoft 360 Ai does not specify its spreads on its website. Crypto spreads are typically dynamic based on market volatility and the popularity of the pairing. More exotic pairs have wider spreads, whereas typical pairs (such as BTC/USD) have narrower spreads.
Frequently Asked Questions
What does Bitsoft 360 Ai do?
Bitsoft 360 trades cryptocurrency CFDs on behalf of its users, utilizing AI algorithms to evaluate the market and execute winning deals.
Is there a BitSoft 360 app?
No, there is not. Bitsoft 360 Ai is primarily software integrating the MT4 trading terminal with brokerage accounts. This is why the bot works with brokers to provide its services.
Can you make money with Bitsoft 360?
You depend on your trading strategy, risk management, discipline, and bot accuracy.
What can I do if my BitSoft 360 account is frozen?
Bitsoft 360 AI may block your account for several reasons. The fastest way to resolve this is to open a support ticket and contact customer service.
What should I do if I lose money with Bitsoft 360?
With an 80% success rate, Bitsoft 360 AI is profitable in the long term. However, drastic changes in market conditions can render certain trading styles ineffective. Ensure that the strategy applied corresponds to current market conditions.
