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Trading in cryptocurrencies is becoming more automated as whales, institutions and retail traders battle to be ahead in the technology-driven space. In turn, more and more people are making use of bots in order to make their mark on the market.
The Bitcoin Lifestyle review focuses on the cryptocurrency trading bot that is able to automatically purchase and sells cryptocurrency for its customers. It explains the details of such a bot. It also explains the best way to begin, what to take into consideration before making a decision to sign up and whether you should think about it.
Bitcoin Lifestyle Summary
| Minimum Deposit | $250 |
| Fees and Commission | None |
| Claimed Success Rate | 90% |
| Supported Cryptocurrencies | Btc, ETH, LTC, EOS |
| Deposit and Withdrawal Fees | None |
| Trading Platform | Desktop, mobile |
| Demo Account | Yes, demo mode |
| Verification | Yes. KYC |
| Regulations | Cyprus Securities Exchange Commission (CySEC) |
What Is Bitcoin Lifestyle and How Can I Use It?
Bitcoin Lifestyle is a cryptocurrency trading bot that uses the most advanced analytics and computations to identify and automate profitable trades.
It makes use of AI algorithms to analyse price patterns in both historical and live time and predict the most profitable buying and selling opportunities and make trades in a fraction of a second with high probability of success.
Bots for trading aren’t an entirely new concept. They’ve been around in the financial industry for a long time. However, they were employed only by large-scale trading companies such as Bloomberg due to their complexity and cost. They can cost as high as $20,000, which is far beyond the reach of the average trader in retail.
Today, commercial bots are accessible to retail traders, as well. Bitcoin Lifestyle is one of them.
Who Created Bitcoin Lifestyle and What Is Its History?
Nobody knows who invented Bitcoin Lifestyle. The algorithm’s complexity and efficiency are a sign of a team of expert traders who have a great deal of experience in market analysis as well as computer-programming.
Anonymous founders are common in the cryptocurrency industry since their products can generate substantial amounts of cash. Thus, most researchers, such as ourselves are focused on security of the product as well as its effectiveness as well as overall performance.
How Does Bitcoin Lifestyle Work?
Bitcoin Lifestyle relies on AI-powered algorithms as well as big data models and analytics tools to analyze live price data from the four currencies it accepts. The main objective of the algorithm is to use statistical techniques to uncover hidden relationships among various variables.
In the case of price, it typically responds to volume of trading and can fluctuate or rise in response to a significant change in volume. The bot’s models investigate how these interactions and attempt to predict them with the help of triggers and cues observed previously.
If it is able to lock onto an established pattern generates price predictions and then sends signals that signal the most likely direction price could move in, according to its research.
The bot is then connected to crypto brokers and then sends these signals to them as trading instructions to automatically purchase and sell crypto. These tasks are performed automatically when the bot is established.
The success of Bitcoin Lifestyle is largely on its success rate, which is claimed to be high. i.e. how often its predictions are correct. According their website it is believed that the bot is right 90 percent of the times. However, prediction is an extremely risky business therefore, be cautious.
BItcoin Lifestyle Pros & Cons
Pros
- Simple enough for novices but still functional enough for more experienced traders.
- Absolutely free, with users earning 100 percent of their trading profits
- The is believed to have the highest ability to identify profitable trades
- Perform trades 0.1 seconds faster than market average
- Facilitates trades through reliable and trustworthy brokers
- Fully customizable set of trading settings
- Built-in demo account for risk-free practice
- Service for customers is available and willing to assist all hours of the day,
Cons
- Doesn’t have the sophisticated functionality of major exchanges
- Financial instruments are not risk-free as all instruments are accompanied by the possibility of
- You are not able to pick your broker
- Minimum deposit of $250 is required in order to access the platform.
Bitcoin Lifestyle Key Features
Demo mode
The demo mode of Bitcoin Lifestyle is available to those who wish to try out this bot out in a safe environment. In contrast to other bots that require users to make deposits prior to accessing demonstration accounts Bitcoin Lifestyle provides a demo account when you sign up
A variety of crypto currencies readily available
Bitcoin Lifestyle offers trading in four cryptocurrencies: Bitcoin, Ethereum, Litecoin and EOS. Because it is a broker for CFDs and offers a variety of trading pairs that combine cryptocurrency with the most popular fiat currencies, Bitcoin and Ethereum.
High Trade Success Rate
Its Bitcoin Lifestyle algorithm is in the top class of cryptocurrency trading bots with 90 percent success rate. The bot’s automated trading mode is able to produce sustainable profits without any human intervention.
Easy and Quick Withdrawals
The withdrawals from Bitcoin Lifestyle are processed within 24 hours of completing the online form for withdrawal. There is no minimum or maximum limit.
Easy Verification System
The account creation and verification process is simple. The sign-up forms are simple and don’t ask for information that isn’t required. It should be completed in 20 minutes.
Mobile App
In contrast to the majority of competitors, Bitcoin Lifestyle has a mobile app that traders can utilize on the go.
Customer Service
A trading platform can only be ever as efficient as its customer support. In our test of the program, we were able to find Bitcoin Lifestyle’s help desk to be responsive via email, however telephone assistance is also readily available.
Affiliated Brokers
Bitcoin Lifestyle partners with several brokers to conduct trades. The brokers claim to be registered, however it won’t harm to double-check before you sign up.
Factors to Consider Before Using Bitcoin Lifestyle
We analyzed metrics to provide an accurate picture of the way Bitcoin Lifestyle performs in action. We also gave an overall score of five for each of the categories.
Verification System: 4/5
Every new account must be confirmed. It is necessary to have ID documents such as the driver’s license and Bank statement, utility bill, or other document to confirm the account once you’ve registered.
Payouts: 4/5
Payments are processed at the earliest of 24 hours following request. All you have to do is fill in an application for withdrawal and wait for your money to arrive at the brokerage account.
Affiliated Brokers: 4/5
Bitcoin Lifestyle partners with several brokers around the world to provide its services. Many of these are controlled through the Cyprus Securities Exchange Commission (CySEC). But, you cannot determine which broker you will be using since the broker you choose will be assigned at registration.
Deposit and Withdrawal Limits and Methods: 4/5
In order to begin using Bitcoin Lifestyle, you’ll need to deposit at least $250 via payment methods such as credit cards, PayPal transfer, bank accounts, Neteller, Skrill, Webmoney and wire transfers. Refunds are processed via those same avenues.
Costs and Fees: 5/5
Bitcoin Lifestyle is free to use. There aren’t any fees for trading or commissions, deposits or withdrawal charges, or fees for account management. But a free platform raises suspicions regarding how the business earns its money.
User Testimonials: 4/5
Reviews from independent sources are a popular method of evaluating the services of a company prior to buying in. Bitcoin Lifestyle has positive user reviews across various platforms that support it. This indicates that users have tried the trading bot and have found it to be profitable.
Customer Service: 5/5
Customer support for Bitcoin Lifestyle is available 24/5 through online forms. Agents usually respond by email. There is no need to create an account in order to fill out the forms.
How Does Bitcoin Lifestyle Compare?
Profitability is the most important aspect in deciding on which bot to choose. Bitcoin Lifestyle’s efficiency rate is 95%, which puts it in the top category of bots in comparison with other well-known bitcoin robots.
Other robots such as Immediate Edge and Bitcoin Up provide a similar automated experience however Bitcoin Lifestyle has a mobile app that is able to work anywhere.
Is Bitcoin Lifestyle Legit or a Scam?
The users who have used Bitcoin Lifestyle have reported it to be a real trading bot. Reviews on reputable sites also praise the well-known platform.
The auto trading bot is designed to draw in traders who prefer a more hands-off approach to trading over active traders. This, along with the numerous positive reviews, has led us to believe that Bitcoin Lifestyle is an actual trading platform that is suitable for most traders.
Is Bitcoin Lifestyle Safe?
Our research has shown our findings that Bitcoin Lifestyle is safe as it utilizes SSL encryption to safeguard user information. In addition it has KYC procedures make sure that the users are who they claim they are and come proven to be from approved areas.
In addition, the company does not keep funds on its system. Instead, it uses brokers to store user’s funds. Brokers have their own security procedures and are also regulated.
None of the breaches of data have been disclosed to date.