There are quite a few trading platforms in the crypto market, which claim to have a positive profit or win rate. Bitcoin Loophole is one of them. It is an auto trading platform that claims to provide a positive win rate of 99.4% by buying and selling the bitcoins at the right time through the deployed robots. This Bitcoin Loophole review will check and answer the question: Is Bitcoin Loophole a Scam or Legit? Is it another Bitcoin trader scam? How does It work? Can people make a profit if they use Bitcoin Loophole?
After one studies the online trading cryptocurrency software and experiences its way of operations, and studies user testimonials and reviews, one can easily understand that Bitcoin Loophole is a legitimate trading robot. It meets most of the expectations and claims made by the online trading cryptocurrency software and the website there are no hidden charges, there is no withdrawal fee, and the withdrawal process is quite fast. Plus, if one goes to the customer services, Bitcoin Loophole definitely appears to be reliable and secure trading software.
If we think about some more facilities and features provided by the Bitcoin Loophole, there is a trading facility wherein you can trade in demo mode. This trading platform asks users to opt for a demo account before they get started with a live trading session. This facility is very useful, especially if you are a new user or a beginner. The demo account will work exactly like the live trading account where the user will get a demo balance of $1500 using which the trader can get an idea of how the actual trading will be on Bitcoin Loophole.
As Bitcoin Loophole claims to have a win rate of 99.4%, its popularity is amazing, and the platform is trending in the market. Traders find this trading system reliable for the claims it makes and for the services it offers. If one digs deep into the claim made by the Bitcoin Loophole seems to be genuine. This review will talk more about it. The review will consider questions like, does the Bitcoin Loophole really help users in making a profit, how should one invest in this trading system, etc.
Is Bitcoin Loophole a Scam or Legit? Is it one of the bitcoin trader scams, or is it legit?
The answer is positive. The Bitcoin Loophole is certainly a legitimate trading robot. Though there are claims in news sites, social media platforms and TV programs that it is a scam, we did not find any evidence to confirm that. It is an automated bitcoin & cryptocurrency trading platform where the operating system conducts the trade on behalf of the users of the traders. The trading app charges no transaction fees or other fees for using it; the withdrawal process is transparent and fast, the deposit of money is hassle-free and can be done through multiple payment methods like Visa/Mastercard debit cards, credit cards, and more. The accuracy of trading with Bitcoin Loophole is precise and helps traders in making money in huge amounts.
The customer reviews are encouraging and positive, and why not? Bitcoin Loophole provides good user experiences to its users/traders. The navigation on this trading system is easy and simple and the transactions are transparent. The availability of demo accounts adds to the attraction towards Bitcoin Loophole. The trust money one gets while using the demo trading feature can be used for a trading in demo mode just like one will use the deposited money for trading. It has been immensely popular among different types of investors, like individual, institutional, and retail investors.
There are many reasons for traders to believe in this app. It is an auto trading platform, traders are assured of no human errors and limitations in terms of gathering data, analyzing it, and taking decisions accordingly.
Whenever one trades in the Bitcoin market, the market risk is always present; however, having a trading app like Bitcoin Loophole work on your behalf could save you from unwanted losses as much as possible. As far as it comes to deposit money, one can start with as low as $250, and still make money in huge amounts. Bitcoin Loophole trading app is not a threat of any kind to anybody.
Moreover, the US Trading Association also recently awarded Bitcoin Loophole as the best trading app award. The US Trading Association is a prominent organization in the U.S which monitors and regulates online trading and other investment platforms.
What is Bitcoin Loophole?
Imagine a time where you used to get on the road, wave at the vacant taxi and commute to the destination only after bargaining the taxi fare? Well, you do not do it anymore as you have found a better, easier, hassle-free (in terms of fare) way of doing it. Taxi-hailing apps are in the market which allows you to book a cab from anywhere anytime.
Well, the Bitcoin Loophole has done something similar to the bitcoin market. This trading platform places trades (buying & selling) without any human intervention or effort. Algorithms, news content, numbers, market up-down, change in policies, market sentiment, forecast, etc are all done by the robotic system deployed on Bitcoin Loophole. Robots give good investment advice, save traders from making emotional decisions, save them from incurring losses while helping them to make money in large amounts.
Bitcoin Loophole, just like other trustworthy platforms, is developed to smoothen the process of Bitcoin trading and making winning possible to as many traders as possible. This user-friendly app is founded by Steve McKay. He is a professional trader and cryptocurrency investor. He holds remarkable expertise in Bitcoin and other crypto-assets and is said to have been making money through cryptocurrency trading since quite some time.
The operating system is designed to perform three activities consistently:
Analyzing the current crypto/bitcoin market trends.
Utilize the analysis to forecast the near-future trends.
Estimate how major cryptocurrency traders will trade.
Bitcoin Loophole trading software algorithm is expected to be 0.1 seconds ahead of the market. This exact feature makes the platform a highly technologic trading platform that places trade with ease after studying the changing trends. Bitcoin Loophole software places trades to help traders in making money even during the market volatility.
Pay attention to this:
To begin trading is simple and easy. One has to make a minimum deposit in the Bitcoin Loophole account after getting registered. Once you deposit the amount to do the love trading, robots wait for the right time or trade order to start making an investment for you. As trading is subject to the market risk, even with the robot at the disposal, one has to be sure of how much investment has been made in the market and then trade with due diligence. Hence, it is recommended to deposit as little as possible and start with the least possible amount. Also, crypto trading can be a good alternative for your disposable income. Instead of investing your savings, you can invest your disposable income and earn good profits.
A couple of suggestions for traders:
Once you know how the platform works and once you gain the required trading skills, you can trade with a higher amount and make bigger investments. Traders, new or professions are suggested to go step by step while using Bitcoin Loophole.
However, in case you are making a profit and getting a positive return on investment, make sure you get the profit withdrawn on a regular basis. Most of the traders tend to re-invest each penny of the profit. This is not recommended. This is because, though Bitcoin Loophole does trade automatically through deployed system robots if the market starts heading in the wrong direction, you are saved from losing everything you have earned.
Bitcoin Loophole Features to know:
If we are talking about Bitcoin Loophole features registration has to be considered.
The account registration process is quite easy. All one has to do is go through three simple steps and the Bitcoin Loophole account is ready to do the live trading.
The platform doesn’t demand any extra information from the user/trader when it comes to registration. The user doesn’t have to fill in the questions. Most of the scams in the market often ask unwanted and irrelevant data from the user/trader. It is clean on this front too. The Bitcoin & cryptocurrency trading platform simply asks you to fill in contact details like your name, email address, country of residence and phone number. That’s it! You do not have to share other personal details like bank account number, bank account credit details, transaction details etc.
Withdrawals & deposits:
As we have seen above, a trader has to make a deposit of a minimum of $250 to be able to start trading on Bitcoin Loophole. This process is fast and transparent. When it comes to withdrawal requests, they are easy and quick too. One can expect the requested withdrawal amount in the Bitcoin Loophole account within 24 hours of making the request. Other trading platforms (like Bitcoin Code) in the market take time off of a few days while Bitcoin Loophole does it in a few hours.
Fees & charges:
As we have already seen, Bitcoin Loophole does not have any hidden charges like transaction fees or fees for using the platform. The platform can be used free of cost by the traders.
While most of the crypto trading software in the market fails in customer service, Bitcoin Loophole stands tall. Customer service is available to the users 24/7. In case of any grievances, doubts or help, one can reach the help team and get the issue solved as soon as possible. Bitcoin Loophole has an expert team that is always active to help the platform users.
It is an automated trading robot and as the platform itself claims, it is most likely to fetch profits for you 99.4 times out of hundred. The withdrawal system is fast and can be requested anytime. The customer testimonials are positive too. And the legitimacy is intact.
Some unique Bitcoin Loophole features:
Free Demo Trading:
Loophole Bitcoin or Bitcoin Loophole provides a demo trading feature which is beneficial if you are a new user on the platform or if you are a beginner. In case, you do not hold any background or experience in the cryptocurrency market or loophole Bitcoin trading, going through demo accounts would be beneficial for you. The demo trading feature is like a practice ground for you where you prepare yourself for the live crypto trading.
Wide range of coins:
Bitcoin Loophole traders can deal or trade in a wide variety of cryptocurrency assets. This helps to attract more traders who wish to deal with many other currencies apart from Bitcoin.
What is the process of registration on Bitcoin Loophole in detail?
This section will cover the entire registration process right from filling the application form to the live trading session where the robots place trading bitcoin orders and start earning profit.
Step 1: Registration
The registration process on Bitcoin Loophole is very easy and quick and should not take more than a few minutes for you to get registered. Traders can register on the platform in three simple stages where the platform will ask you to fill details like Email address, your other contact information, and the country of residency. A verification will be done and once it is done, users will have their new account on the platform. The verification system is very quick and simple. Once the registration is complete you can either opt for the demo trading feature or start trading live depending upon your confidence, experience, and trading skills in crypto trading.
To sign up into the new account, traders have to provide all the details mentioned above along with the password of his/her choice. The strength of the password somewhere must be 6 to 10 characters and must have both numbers and letters to improve the safety quotient.
Step 2: Deposit
Once you sign up on Bitcoin Loophole, the platform will take you to another page where you are asked if you wish to start trading or opt for the demo trading feature. We recommend you all to go for a demo account first. However, if you click on ‘Start trading’, you will be directed to the deposit page. Here, you are required to make a deposit of a minimum of $250 in order to trade on Bitcoin Loophole. The software accepts multiple ways of payment such as (Visa/Master) debit cards, credit cards, PayPal, Skrill, Maestro, and more. The availability of the payment method will depend upon the country of residence of the trader or the country from which he/she is operating. To make the game more interesting and the payment process smoother, Bitcoin Loophole also accepts payment in cryptocurrencies like Ethereum, Bitcoin, Bitcoin Cash, and many more.
Step 3: Demo trading
We have been talking a lot about trading in demo mode. Now, let’s see how it works. This kind of trading is like a practice session built for traders before they venture into actual/live trading. This kind of trading with Bitcoin Loophole will help traders get an actual overview, right from the platform features, the process of placing trades, where to find a total balance, profit, how the dashboard looks or function, presently places trades, your trading bitcoin history on Bitcoin Loophole, etc.
To make the demo account feel like real trading, Bitcoin Loophole assigns traders with a test amount of $1500. Once you learn how to invest your test money, and have accustomed yourself with the trading processes of Bitcoin Loophole, you will get an idea of live crypto trading too.
Step 4: Trading
Here, you start trading live. This is the stage where you can witness the real difference between automated crypto trading platforms and manual crypto trading platforms. Ince the traders deposit the required amount into the account, they have to make the trading settings as per their choice. Traders can fix their daily stop loss, maximum numbers of trade per day, daily profit amount, currency pairs to trade in, and more. Once the trading setting is done as per the preferences, traders have to activate auto trading on the platform. Once this is done, the robot of Bitcoin Loophole will place the trades as per the settings traders already made. These settings are more like commands given to the Bitcoin Loophole robots. In case, you want the software robots to operate in a different way than they are, you need to change the preferences or command.
This Bitcoin Loophole review will be incomplete without understanding the difference between Bitcoin Loophole and other automated trading platforms.
It is a reputed and popular trading platform. It claims to have a success score of about 99.4%.
Bitcoin Loophole demands users to deposit a minimum amount before trading. The amount is not a lot when it comes to trading.
Bitcoin Loophole trading software deals in a number of other cryptocurrencies Like Ethereum, Ripple, Bitcoin Cash, apart from Bitcoin.
It places trades through a network of well-regulated and authorized brokers.
Bitcoin Loophole serves beginners and professionals equally well.
It has no mobile trading app. Traders need to access the bot through a web browser on the mobile device or computer with a good internet connection.
- Many other trading software charges hidden fees that leave traders with little or no profit.
Other auto trading robots demand higher deposit money in the quest of earning more profit. But at the risk of higher risk.
Other auto trading robots have limited currency pairs to trade.
The brokers might not be authorized, or credible. You do not want to risk your investment here.
Other auto trading systems might not be beginner-friendly.
Other auto trading systems have a mobile trading app, though they might not be really reliable and user friendly.
Most other such platforms have their top-notch trading apps.
Allows trading of multiple cryptocurrencies besides Bitcoin, like Ethereum, Ripple, Bitcoin Cash and more
Customer support available 24*7
Why trade with Bitcoin Loophole?
There are many reasons for crypto traders to prefer this trading system over other auto trading robots. If one compares Bitcoin with other trading platforms, one will come across a few complications in other auto trading robots. It might be anything, from hidden fees, extra charges for trading, higher deposit amount or slower withdrawals, etc.
Here are what traders can expect from Bitcoin Loophole that makes it a beneficial trading app for everyone.
It offers a demo account. Having this choice is an exhibit of credibility and user-friendliness. This feature allows users to acquaint themselves with the trading stages before genuine money gets included. Not all such auto trading systems offer a demo account to the users. This feature is added to Bitcoin Loophole to abstain traders from incurring losses due to a lack of knowledge.
Bitcoin Loophole is easy to understand. Both the site and trading software is easy to understand and operate. The Bitcoin Loophole website is user-friendly and navigation is easy even for beginners. The same can be said about the auto trading platform. Though they are handling complicated procedures and multitasking for every single user, the complexity does not get reflected at the front-end.
Bitcoin Loophole claims to have a success rate of 99.4%. This means out of 100 trades, 99.4 of its trades fetch profits to the traders. Traders make money in huge amounts through this Bitcoin robot, unlike other Bitcoin robots. Though this is a bold statement, if one goes through the customer reviews one will realize that Bitcoin Loophole is not falling short in proving the claim right.
It has a very attractive and rewarding payout system. Once a live trading session is over, the payout system automatically calculates and transfers the traders’ profits to their account.
Quick and hassle-free withdrawal system. Very few trading robots offer such features when it comes to withdrawal, anytime the trader wants. Withdrawals are handled within a few hours and can take as long as 24 hours to get the amount reflected in the trader’s account. There are trading robots that take up to 10 or 15 days.
5. Very prompt and helpful customer support team which is available 24*7.
Can you make money with Bitcoin Loophole?
Bitcoin Loophole’s official website states that users of the software can make a profit of up to $13,000/day. This might be an exaggerated statement from Bitcoin Loophole, but one cannot ignore the fact that the traders using this platform have earned huge profits on a daily basis while enjoying an ultimate trading experience. If you are traders, there are a few tips you should remember at whatever point you trade on Bitcoin Loophole or some other auto trading platform.
Here are some interesting tips to assist you with making a profit while trading:
Invest a little. One must not invest all of his/her fortunes in trading. In case, you are a naive trader or you are a beginner with no or little knowledge of the platform and trading overall, you might end up losing your hard-earned money. Hence, it is always recommended to start small. In the case of Bitcoin Loophole, the minimum deposit with which you can start is $250. It is not a huge amount. However, you can increase the stake once you gain the required trading skills.
Take out 25% of the profits. You should reinvest the profit you make in order to earn more profit. However not every last bit of it. What we recommend to every trader trading on Bitcoin Loophole is to retain 25% of the profit and reinvest the rest, else traders will stand higher chances of losing.
Follow expert’s advice and keep learning from the cryptocurrency market trends. They can give you the perfect investment advice. If you go online and search for investment tips or trading Bitcoin tips, you will discover a mammoth of data talking about the best trading or investing practices you can follow to stay safe and earn a profit on auto trading platforms like Bitcoin Loophole. Follow the tips you find relevant and stay away from uncalculated risks. It is always beneficial to have some basic information, especially the trading processes before you trade assets.
Invest only that much what you can afford to lose. This is the ultimate tip anybody can ever give you. Investing beyond what you can stand to lose is nothing but risk; only a fool could be ready to take. While trading in the cryptocurrency market you are always at the risk of loss due to the cryptocurrency market volatility. Hence, ensuring that you remain inside the limits of your financial capabilities is the best way to survive in the cryptocurrency market for the long term.
Bitcoin trading is subject to the market risk, however, irrespective of your experience in the Bitcoin market, you may benefit and make money in millions if you use Bitcoin Loophole software. It definitely gives you good trading experience with its advanced trading processes.
1. Do Peter Jones and Elon Musk endorse Bitcoin Loophole?
Ans: There are rumors about Bitcoin Loophole being on Bitcoin Dragon’s Den and business stalwarts like Peter Jones and Elon Musk endorsing this app. However, there is no truth in this. The Dragon’s Den has confirmed so.
Star chef and restaurateur Gordon Ramsay, though rumored, has never endorsed this platform.
2. Has Bitcoin Loophole been on Shark Tank?
Ans: No, It has never been on Shark Tank and the news is nothing but a rumor. However, this software is legit and real irrespective of such rumors.
3. How much can I earn if I use the Bitcoin Loophole app
Ans: Investors can earn up to $200-$500/ day on average from this platfrom.
4. How does Bitcoin Loophole make trading decisions?
Ans: It uses a complex algorithm to connect to the financial trading exchanges in the world. This algorithm collects and interprets the data, and decides the best time to sell and buy. Then deploy robots to perform this task.
5. Does Bitcoin Loophole have a mobile trading app?
Ans: No, it doesn’t have a mobile trading app. Traders can access the platform by logging in through a web browser on their computer or mobile phone equipped with a good internet connection. In this era of mobile trading apps where most such platforms have their respective trading apps, not having one can be a great disadvantage.