BitiQ Review – Is an app that provides a simple way for retail investors and traders to start trading Bitcoin. The app is designed to be helpful to all sorts of traders, from the complete novice to seasoned professionals. It can help traders find a trading robot or other nifty software to carry out Bitcoin trades quickly and safely. Bots are particularly necessary when dealing with cryptocurrencies due to the crypto market’s famed high volatility.
These days there are many websites and apps that make similar claims. They focus on the potential of cryptocurrencies to bring in a lot of profit quickly and forget to mention that high-reward assets also come with high risks. Some companies out there are outright scammers ready to take your hard-earned money and offer nothing in return.
Due to the high interest in the cryptocurrency market, especially in Bitcoin trading, we feel compelled to find and review such apps and brokers. Our goal is to sift through all available services online to help you identify trustworthy ones and avoid scammers. This 2022 BitiQ review explores what this app offers and if it is legit or a scam.
An Analysis on What is BitiQ
BitiQ is an innovative platform that aims to make Bitcoin trading more accessible for everybody. The BitiQ app helps traders, regardless of their level of experience, make their way to the cryptocurrency market.
The BitiQ team developed this app because they deemed that the crypto markets might be too intimidating for some. Beginners, in particular, often struggle to learn about all sorts of strategies, chart analysis methods, and so forth. This complexity can discourage people from trading and lead them to miss profitable opportunities.
A Review on How Does BitiQ Work?
BitiQ reduces the burden of trading by pairing each trader with a free personal account manager. They help with managing all investments the trader wishes to make. In addition, the personal account manager can also answer financial questions, offer advice, and explain various trading strategies to the client.
Moreover, the BitiQ app provides news and analysis of the price trends of assets like Bitcoin. Such real-time data is crucial for traders. Often, one’s success depends on their ability to make lightning-fast decisions, which are impossible without getting all the info on the asset you’re trading.
Note that BitiQ is not a broker but merely a tool that provides access to the crypto market. The BitiQ trading platform puts customers in touch with brokers offering crypto trading bots, a practice demo account, tools for analysing market trends, and more.
Review of BitiQ if it is Safe or Is It a Scam?
After a thorough investigation, our team determined that the BitiQ app is perfectly safe. The services it provides are legitimate and do not violate any laws. We did not encounter software bugs, hidden fees, or other issues while testing the BitiQ app.
Furthermore, we were impressed that the app is entirely free to try. Everyone can easily open an account and explore the functions and resources BitiQ offers without an initial investment. So, on the off-chance that you determine that BitiQ is not for you, you can stop using the app without wasting any money.
Our BitIq review concludes that the app offers reliable trading software for cryptocurrency trading.
How to Register
Registration for the BitiQ app is pretty straightforward.
You simply need to head over to the BitiQ website or download the BitiQ app from the Apple Store or Google Play.
To sign up, all you need to do is fill in your contact details (name, email, phone number), and you’re good to go. The app does not ask for other personal information to set up your account.
BitiQ Key Features Review
BitiQ offers all the necessary features to enable you to trade Bitcoin on the financial markets. The main advantages that stood out in our BitiQ review include:
- Multi-platform solutions: BitiQ is available on both PC and mobile devices. Thus, you can trade BitiQ from your PC at home, or use your tablet or smartphone on the go, if you prefer. The BitiQ app is compatible with all mainstream operation systems.
- A free personal account manager: each client gets help and investment advice from a professional account manager. They can help you identify trading goals and create a profitable investment portfolio.
- Compatibility with all types of traders: BitiQ offers a well-rounded app that can meet the needs of both casual and professional traders. Thanks to its user-friendly interface, the app is perfect for beginners, while also offering all the functionalities a pro requires.
- Trading software: the BitiQ app includes various options to assist traders. For example, you can find trading robots, expert advisors, and other AI-powered tech, which help significantly reduce the time it takes to plan and execute trades.
- Copy trading: BitiQ allows customers to automatically copy successful traders’ trading strategies. This feature is especially handy for beginners who don’t know the ins and outs of the financial markets yet.
FAQs
Does BitiQ Use AI?
The BitiQ app may suggest crypto trading AI assistance tools, such as an EA or a trading bot if the customer is interested. Though it’s not mandatory to use them, these expert advisors can be beneficial in identifying profitable opportunities and eliminating the human error factor from the trading process.
Is BitiQ Easy to Use?
Based on our team’s BitiQ review, this trading app is very beginner-friendly. The design felt intuitive, and we didn’t have to spend a long time searching for the basic functions we were testing out. We like the way things were organised and believe that customers wouldn’t have any issues using the trading platform. If you choose a BitiQ trading robot, those are easy to set up too.
Does BitiQ Offer Any Advanced Features?
In our BitiQ review, we found the app’s trading system to be highly customizable. Depending on your trading needs and experience, BitiQ may suggest advanced features to help increase your profitability. Demo trading, different trading platforms, automated trading tools, and trading parameters depend on the broker BitiQ connects clients with. The app can certainly satisfy the needs of even professional traders using a more complex trading strategy.
Trading Bitcoin with BitiQ
The primary goal of the BitiQ app is to help people trade Bitcoin. Thus, we find that BitiQ has made it easy to set everything up and start trading. All you need to do to trade Bitcoin with BitiQ is:
- Register a BitiQ account. Opening a BitiQ trading account is free, and you can explore the app’s features without spending money.
- Make a deposit. When you’re ready to start trading, add funds to your account to place orders. Thankfully, BitiQ has an excellent selection of payment methods (including online bank transfers), so making a deposit is not difficult. The minimum deposit amount depends on the broker, not on BitiQ.
- Begin trading! You can start a live trading session in the BitiQ trading app once you have funds on your account.
Cryptocurrency Markets: Is Trading Bitcoin Profitable?
Bitcoin is the first and most popular asset in the cryptocurrency class. It has been part of the trading world for over ten years and has amassed a market cap of $700 billion. Thanks to its unique properties and lack of formal regulation, it has gained a cult following and has already made many people rich.
Some of the wealthiest people in the world have placed their money and trust in Bitcoin. These include business figures like Elon Musk, Cathie Wood, Mark Cuban, the Winklevoss twins, and even some entertainers like Kanye West, Snoop Dogg, and more.
While all of the people mentioned above have earned money from Bitcoin, we did not find a direct connection between them and BitiQ specifically.
Risk Disclaimer in our BitIQ Review
This BitiQ review is subjective and reflects our team’s experience with the app. The statements made in this BitiQ review are purely informative and do not constitute formal investment advice.
All financial investments involve risk. Make sure you understand the terms and conditions of financial trading and do your own research before making an investment. Trading cryptocurrencies and arbitrage trading are associated with higher risk. Do not wager more funds than you can afford to lose in the crypto market.
For UK residents: CFDs on cryptocurrencies face special restrictions in the United Kingdom. The Financial Conduct Authority has banned trading them via PS20/10. We do not support the marketing of such instruments and do not advertise them to UK residents.