The Fact About bit index ai That No One Is Suggesting

7 min read

What is Bit Index AI?

Bit Index AI is an online platform that claims to use unnatural wisdom to automate cryptocurrency trading. According to the website, the process works by using Bit Indexs state-of-the-art algorithms to determine little price fluctuations and automatically trade them later than the point of making profits.
It can fittingly do something out the best get into and exit prices for positions. The platforms website states the total process is agreed automated and hence users dont need to worry virtually having any prior crypto investing knowledge.
Users can start trading cryptos taking into consideration Bitcoin, Ethereum, and Litecoin instantly after they have passed a KYC verification. This step usually takes vis--vis 10 minutes to complete. Users can mass using a variety of payment methods including bank transfers, debit and report cards, and BitGo.

Bit Index AI Pros & Cons

Pros:

  • Demo account available
  • Multiple payment methods
  • Automated process
  • Good range of cryptos

Cons:

  • $250 minimum deposit
  • Cryptoassets are a intensely volatile unregulated investment product. Your capital is at risk.

How Does Bit Index AI Work?

Bit Index AI claims to use an artificial penetration algorithm to determine price moves in the crypto puff and create little trades to capitalize upon these moves for growth.
To pull off this, the website says it incorporates data from a number of sources and conducts trend, Stoch, Williams, and MACD indicators to determine optimal entrance and exit points. It single-handedly ever reacts to conscious shout out trends, for that reason these strategies are constantly implemented which heightens its efficiency.
 
In auxiliary to the highbrow indicators, Bit Index AI uses a number of social media and news feed data points to encourage predict far ahead price movements. The platform apparently dedicates at least 20 minutes per day to analyzing these difficult price moves.

Bit Index AI Key Features

In the below section, we understand a look at some of the key features that the Bit Index AI platform gives users entry to:

Demo trading account

A demo account can be a great showing off for beginners to start trading markets taking into account no risk. Users will get an account in imitation of $100,000 virtual capital, and they can use this to test out Bit Index AIs features. The demo account replicates the conditions and price moves of actual markets, fittingly users will acquire the experience of actual trading. Demo accounts are great for working tools following leverage without bearing any risk.

Leverage

Another tool that is offered by Bit Index AI is leverage. Leverage allows users to lever going on their trades, borrowing capital from the broker. This can be potentially be a tool to create larger trades than your capital allows. However, this can con both ways and can lead to steep losses unless correctly managed. We suggest that you pull off your research and ensure youre au fait of the risks before using leverage.

Autonomous trading

The website claims that the Bit Index AI process is agreed automated. So, Bit Index AI claims to be competent to make trades upon your behalf without you having to entrance and close positions yourself.

Fast execution

Bit Index AI claims to have extremely quick spread around permission and can read and near trades within milliseconds.

Customer support

There is plus a tall level of customer keep on Bit Index AI. The customer withhold department is door 24/7 for users to get in adjoin in the manner of if they attain exploit any problems whilst trading on the platform. There is with an email and stir chat feint to back users gone any queries.
Furthermore, Bit Index AI offers entrance to dedicated account managers should all go incorrect past users accounts. These managers are on hand to back up like any problems, which is good for enhancing the user experience.
Cryptoassets are a deeply volatile unregulated investment product. Your capital is at risk.

Bit Index AI Fees

Aside from the $250 minimum deposit, Bit Index AI charges no supplementary fees. This does seem slightly odd, as most brokers encounter commission and/or invalidation fees. However, it is attainable that Bit Index AI makes its keep from charging total spreads, although our review was not practiced to determine the legitimacy of this claim. below is a table containing all of the move on assistance for 

Bit Index AI.Is Bit Index AI a Scam?


Due to the tall leverage, and low fees, users may ask the legitimacy of the platform. A broker offering 100:1 leverage does seem rather fishy. For bit index ai , if users were trading similar to $10,000 later theoretically, they would be dexterous to leverage occurring this tilt to $1,000,000.
It is somewhat unlikely that Bit Index AI has this nice of capital to lend out to users. In supplement to this, the platforms homepage says that it has been featured upon Forbes, CNN, and FT.com. However, a fast google search will appearance that none of these news outlets have ever covered Bit Index AI. This also reduces the legitimacy of the broker.
However, users pull off have to pass a KYC statement to set taking place an account, and the platform claims to be partnered behind numerous regulated brokers. This seems to check the boxes of legitimacy.
Overall we were unable to avow Bit Index AIs claims correspondingly create distinct you accomplish your own research back signing up.

Bit Index AI Minimum Deposit

As mentioned, before depositing, users must pass a KYC verification which means they infatuation to give accurate forms of admin ID. subsequent to this stage has been completed, users can lump using a range of payment methods including bank transfer, debit/credit card, and BitGo.
All of these deposits are clear of charge. In addition to this, the platform supports numerous fiat currencies including EUR, AUD, USD, GBP, CHF, JPY, and CAD. The minimum growth is $250, and withdrawals can resign yourself to taking place to 24 hours to process.

Bit Index AI Customer Support

There is a 24/7 dedicated team to incite afterward queries all but users accounts. In complement to this, there is a team of account managers ready to support following any problems users have. Finally, the website has a stimulate talk deed and preserve email if users habit supplementary support.

How to Use Bit Index AI

Now we have covered all of the valuable information on the subject of Bit Index AI, its era to admit readers through a lead on how they can set stirring an account.
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