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Crypto volatility is back and many experts that this is the best time to make money from the industry. Crypto Genius is a crypto bot that claims that you can generate up to $5000 per day with a deposit below $1k with their software. Crypto Genius is among the most popular robots today. But is Crypto Genius legit? We have carried out rigorous tests and can confirm that this bot appears legit – it does trade automatically for you.
The app claims that it possible to earn up to $5000 per day using this robot. You do not need any trading experience to use it since it’s entirely automatic. However, this is not to mean that it is risk-free. Crypto Genius has a reported accuracy level of 99%. In this review, we will look at some of the aspects of Crypto Genius and we will also offer tips to help you get the most out of this bot.
Is Crypto Genius legit?
Crypto Genius seems to be a legit trading bot founded by Chris Peterson, a trading guru and software engineer. Peterson is a well-known individual in the circles of algorithmic trading and has won various awards. His worth is estimated to be in the tune of a $500 million, his critical investments being trading algorithms.
The Crypto Genius bot is one of his most successful products. Our investigation reveals that there are a lot of success stories about this trading bot. Those who have tried it report making enormous profits from the first hour of trading.
Regarding legitimacy, we find this bot legit. It seems to have high-level transparency, a good reputation, excellent customer service, and a safe platform. InsideBitcoins takes into account five factors when determining the legitimacy of a trading bot. These include transparency, reputability, consistency customer service, and safety. Read our Top Bitcoin Robot 2019 review to learn more about our rating criteria.
What is Crypto Genius?
Crypto Genius is a trading algorithm that trades bitcoin and other cryptos. This robot allegedly applies high-frequency trading strategies to profit from rising and falling crypto markets. Moreover, it is fully automatic meaning that you do not need any trading experience to use it. An in-depth analysis of reviews on the site shows that most traders claim to make between $700 and $1500 per day.
As mentioned previously, this bot is 100% automatic. We recommend that you read a review of Cryptosoft if you are looking for a semi-automatic robot. Fully automatic robots do not require traders to have any trading experience to use them. However, semi-automated ones may require specialized skills.
Additionally, fully automated robots do not require a lot of time managing accounts. With Crypto Genius, all you need is 20 minutes per day. The role of the trader with this robot is to open and close trading sessions and harvest profits. Also, user testimonials recommend that you close all trading sessions at the end of each trading day. Furthermore, ensure that you harvest profits as soon as you earn them unless you want to reinvest them. Leaving your earnings in your account means that they get reinvested which means more risk.
When it comes to trading platforms, Crypto Genius provides an entirely intuitive web-trader. This means that you do not have to install any software. The web-trader is mobile friendly meaning that you can monitor your account straight from your smartphone.
How does Crypto Genius work?
Crypto Genius applies the strategies used in high-frequency trading in stock and forex markets. These strategies involve the use of big data to inform trading decisions. Trading algorithms are more accurate than human given that they can analyze massive data within a fraction of a second and execute trades. The dependence on big data allegedly means more accurate trading decisions.
Robots such as Crypto Genius can do both the fundamental and technical analysis. In fundamental analysis, the bot identifies tradable news as they emerge and places corresponding trades. Case in point, if a particular exchange is hacked and crypto prices are plummeting, the robot detects this news early and executes the strategies that make money in falling markets. Technical analysis, on the other hand, involves deriving insights from historical data.
High-frequency trading claims to generate enormous profits since it capitalizes on every opportunity that present. This explains why top crypto robot reports making huge earnings per day. Furthermore, algorithmic traders also enjoy leverage the same way traditional traders do. User testimonials allege that Crypto Genius partners with regulated and reputable brokers. These brokers are responsible for providing leverage and facilitating transactions. With such brokers, traders have an assurance that their deposit is safe. The role of a regulator is to ensure that brokers do not misuse traders’ deposits.
How to open an account with Crypto Genius
Crypto Genius: Key Features
The website claims that users claim to make $5000 in profits per day using Crypto Genius.
The Crypto Genius verification process is simple and highly secure. After signup, all you will be asked to verify is your email and phone number. InsideBitcoins investigation shows that Crypto Genius takes users online safety seriously.
We can confirm that the withdrawal process with this robot is seamless. All you need to do is to fill a withdrawal request form on their website. You will get your money in the next 24 hours.
Crypto Genius is currently a free trading robot. However, with the rising demand, there is a high likelihood that they will introduce a license fee in the future.
Crypto Genius is a highly reputable trading robot. An in-depth analysis of users’ reviews reveals that traders are happy with this bot. Most people report making thousands of dollars per day with this bot.
This robot provides excellent customer services. Our live test shows that they take less than a minute to respond to inquiries through phone and live chat.
InsideBitcoins can confirm that this robot appears to only partner with well-regulated brokers. We find these brokers to be highly reputable and trustworthy. Regulated brokers are required by law to safeguard users’ deposits by adhering to strict guidelines. Traders can raise disputes through the regulator if the broker steals their deposit.
How to make the most out of Crypto Genius
Even though Crypto Genius is automatic, there are several things that a trader can do to get the most out of it. These include:
- Follow market news – Knowing when high volatility is expected will help you know when to open and close trading sessions. According to the app, opening a trading session during high volatility means high profitability.
- Different strategies during different market events – The Crypto Genius robot allow users to select trading strategies. Try all the strategies during varying market events to determine which works better when.
- Monitor your account regularly – Crypto Genius recommends that you monitor your account for at least 20 minutes per day. However, user testimonials recommend that you check your trading account after every two hours. Traders claims that this will ensure that you lock-in profits.
- Do not leave positions open overnight – Close trading sessions at the end of each trading day. Leaving positions open overnight may result in huge losses at the opening of the markets the following day.
Is Crypto Genius legit?
Crypto Genius appears to be a legit robot. Crypto Genius discloses all the crucial details including legal registration and the identity of the founders. This means that they are ready to take responsibility for their platform. We recommend that you start with the minimum deposit of $250 and add capital when you are comfortable with the platform. You can start trading by clicking the trade now button in the table below. As always, remember there is a risk of losing your capital – do not invest more than you can afford to lose.