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We have received a lot of requests to review the Banner Code robot. This piece of software allegedly generates up to $5k per day from a capital investment as little as $250.
But is Banner Code legit and can you make $5k per day trading with it? InsideBitcoins investigation finds Banner Code to be a legit trading tool. However, we cannot guarantee that you will make $5k per day trading with this robot.
We identify legit robots by conducting a live test and also an analysis of feedback from online reviewers. Users who deposit $250 with Banner Code typically report a profit of $200 in 8 hours of live trading. A review of users’ feedback on independent consumer review sites shows that most people are happy with Banner Code.
Is Banner Code robot legit?
What is Banner Code?
Banner Code is a robust algorithm that alleges to make money by identifying online opportunities and trading them. Among other things, the robot bets on cryptocurrency volatility, with a claimed accuracy level of above 90%. Such a high accuracy level means that Banner Code claims to make money in at least 9/10 trades.
Consequently, the robot claims that it has a zero chance of making a loss if the trader defines their risk per trade appropriately. In reviews, users claim that the robot generates consistent profits when not more than 10% of capital per trade. Investors also state that staking more than 10% of your deposit per trade increases the chances of blowing your account.
With the crypto volatility continuing to gain pace, financial experts claim that there is high robo-driven trading potential in the industry. Algorithmic trading has a reputation for allegedly generating millionaires in the crypto industry. Many experts claim that the trend will continue as groundbreaking technologies such as the one used by Banner Code continue to enter the market.
Furthermore, these technologies are 100 percent automatic; hence can be used by anyone. A compounding calculator tells us that it is possible to grow a $250 account to $1 million in less than a year when you reinvest all profits. You can target growing your deposit to such an amount by risking only 10% of your deposit per trade.
How does Banner Code work?
Banner Code’s algorithms depend on artificial intelligence (AI) and its subsets of Natural Language Processing (NLP) and Machine Learning (ML). These technologies allegedly give the robot the combined power of over one thousand world best crypto traders.
The robot conducts all the functions of a human trader, including fundamental and technical analysis. In fundamental analysis, Banner Code’s algorithms scan the internet for tradable news and place trades with allegedly high accuracy. Unlike humans, trading bots such as Banner Code can analyze thousands of news sources within a microsecond, derive insights, and place trades. Accordingly, they can allegedly take advantage of even the smallest trading opportunity that comes by.
Similarly, these robots can read thousands of charts in a split of a second and automatically apply the tradeable patterns. According to Banner Code, their main advantage which they claim makes them highly profitable is the leverage provided by its partner brokers. These brokers offer up to 1:1000, which means that trades, profits, and losses magnify to that level.
InsideBitcoins review confirms that Banner Code partner brokers are well regulated. Read our Cryptokartal review to determine what to look for in a legit robot broker. We find Banner Code to be similar to Bitcoin Era. Read our Bitcoin Era review for more information.
Why trade with Banner Code?
Getting started with Banner Code
Now that we know that Banner Code is legit let us look at how you can get started with this robot. But before we get started, it is essential to note that this platform is not available in some countries. Try the signup process here to determine if it is accessible in your country and try an alternative robot if it is not.
STEP ONE: Account creation
This step involves registering on the form provided on the Banner Code homepage. You will also be prompted to create a strong password. The process should not take you more than 5 minutes.
For the record, the personal details asked in this step include name, email, and phone number. In compliance with the KYC rule, Banner Code may request to verify your identity. All your personal information is held in strict confidentiality.
STEP TWO: Get connected to a broker
After creating an account, Banner Code automatically connects you with a broker. We have tested this robot partner brokers and verified that they are legit. A legit broker is well-regulated and has a good reputation.
The roles of a robot broker include handling deposits and facilitating transactions. Regulators require brokers to segregate deposits and adhere to a set of strict reporting guidelines. This ensures that your money is safe even in the event of bankruptcy.
STEP THREE: Deposit $250
Banner Code requires a minimum capital investment of $250. Deposits can be made via most debit and credit cards and also multiple digital wallets. Banner Code does offer a money-back guarantee to users who decide to opt-out before spending their capital.
It is important to note that $250 is your trading capital and not the cost of the robot. Banner Code is currently 100 percent free. However, there is a high likelihood that with the rising demand, a license fee might be required soon. This is why investors are grabbing the opportunity and signing up now.
STEP FOUR: Live trading
Live trading with Banner Code is simple and straightforward. Once you set up your account, all you have to do is to click the live button. InsideBitcoins recommends that you let the robot trade for at least 8 hours per day. Furthermore, ensure to switch off the robot at the end of each trading day.
Is Banner Code Legit? The verdict!
From our investigation, Banner Code appears legit and worth a try. We suggest that you get started with only a deposit of $250 and grow by plowing back profits. Such a deposit can, according to the bot, grow in less than a year to generate up to $5k per day. However, like all trading robots, Banner Code comes at significant risk. Consequently, do not trade with an amount you cannot afford to lose.