Bitcoin Optimizer Review: Legit or Scam? The Results Revealed! Author: joe maurice Last Updated: 24 July 2020 With Bitcoin Optimizer, you can allegedly turn a deposit of $250 to over $3k in less than 24 hours of trading. The robot is said to use artificial intelligence to analyse trading data and come up with tradable insights. But is Bitcoin Optimizer legit and is there evidence of people making the alleged profits using it? This Bitcoin Optimizer review will answer these questions. We determine legit robots by how users review them, the brokers they partner with, and the accuracy of information presented on their website. Bitcoin Optimizer appears to be popular with users and works with well-regulated brokers. Moreover, we can confirm that all the information on its website is accurate. We conclude that it is legit and worth a try. However, you must read this review to the end before trying this robot. Robot Rating Properties Trade 1 The best choice 88% Win Rate - Not a Scam $250 Min Deposit Accepts Credit Card and Sofort Trade Now Is Bitcoin Optimizer legit? Bitcoin Optimizer is one of the few top-ranking robots on the market today. This bot was founded in 2016 during the crypto market boom and has maintained popularity since then. Here are the reasons why we conclude that it is legit. Bitcoin Optimizer is highly rated on ForexPeaceArmy and TrustPilot. These rating platforms are independent and include feedback from individual users. All the information presented on Bitcoin Optimizer website is accurate. Furthermore, this robot discloses all the crucial information, including their partner brokers and pricing mechanism. Bitcoin Optimizer complies with stringent personal data protection measures, including the EU General Data Protection Regulation (GDPR). All Bitcoin Optimizer partner brokers fall under the regulatory mandate of reputable bodies such as the FCA, ASIC, CySEC, and the FSB. Broker regulation is a guarantee to users that their funds cannot be used for any other purpose other than the intended one. This robot has excellent customer care. They are available for 24/5 and ready to respond to any question Bitcoin Optimizer is undoubtedly a robot that is worth a try. You can give it a try now or read our review of the top Bitcoin Robot of 2019 for more information about auto trading robots such as Bitcoin Code. Read on to learn more about Bitcoin Optimizer and how you can get good results out of it. What is Bitcoin Optimizer? Bitcoin Optimizer is a piece of software that allows users to trade bitcoin hands-free and with a supposed accuracy level of up to 99%. The robot depends on sophisticated algorithms made out of the trading techniques used by one of the world best crypto traders. An algorithm is simply a set of rules followed by a computer to solve a given problem. Trading algorithms are fed with trading rules to follow when interacting with market data. Even better, robots such as Bitcoin Optimizer rely on artificial intelligence to improve the set of rules coded into the algorithm. This means that the bot can improve itself with changing market conditions. Artificial intelligence also brings about the supposed accuracy by cleaning data and ensuring that only the factors that matter are taken into account. Machine Learning (ML), which is a subset of AI, enables Bitcoin Optimizer to learn from data. Another subset known as Natural Language Processing (NLP) ensures that the robot can read human language. The ability to read human language enables the bot to trade news with high accuracy. Bitcoin Optimizer conducts technical analysis by reading hundreds of charts within milliseconds and coming up with trading ideas. The bot does this on autopilot, and hence users do not require any skill to use it. Speed and accuracy are the two factors that make this bot the best. How does Bitcoin Optimizer work? Bitcoin Optimizers has entered into a contract with select brokers to execute trades and handle all transactions. The robot is not a financial institution and is hence bound from receiving deposits. This explains why it must work with brokers. Furthermore, does not connect to the market directly and hence must rely on brokers systems to execute orders. As stated previously, Bitcoin Optimizer is in partnership with FCA, ASIC, and CySEC regulated brokers. These brokers are the best in class in terms of safety and the trading conditions they provide. Moreover, they have advanced trading systems to ensure instant execution of orders. In robot trading, a small delay in order execution can result in catastrophic losses. One of the trading conditions offered by the Bitcoin Optimizer partner brokers is leverage. With this robot, traders can open positions worth more than five thousand times their capital. This is because the brokers offer a leverage of up to 1:5000. While high leverage improves earnings potential it can also lead to huge losses. Never deposit with what you cannot afford to lose when trading with such high leverage. Bitcoin Optimizer through its partner brokers applies a Negative Balance Protection feature to shield users from losing all their investment. Who is the founder of Bitcoin Optimizer? Steve McKay, a software engineer cum high-frequency trader is the brain behind Bitcoin Optimizer. He has supposedly appeared on Forbes Magazine as one of the entrepreneurs living the bitcoin dream. Bitcoin Optimizer is rumoured to have been featured on Shark Tank and Dragons. However, this review did not find any Bitcoin Optimizer Shark Tank or Dragons Den feature. Steve McKay has allegedly made hundreds of millions of trading crypto. Bitcoin Optimizer is said to be the automation of some of his best trading strategies. From the good reviews on TrustPilot, there is a high likelihood that this bot is what it is said to be. At least 99% of users who have reviewed Bitcoin Optimizer on TrustPilot report satisfaction with its performance. Most praise Steve McKay for giving them the opportunity and the Bitcoin Optimizer team for supporting them through trading. The team comprises of the founder and four computer scientists and trading gurus. How to trade with Bitcoin Optimizer Bitcoin Optimizer is available in nearly all countries. You can try it here or read our Bitcoin Trader for an alternative. Here are the steps to creating an account with Bitcoin Optimizer. STEP ONE: Register a trading account Visit Bitcoin Optimizer homepage and fill your name, email, and phone number in the registration form. Make sure that you submit accurate details to avoid inconveniences later during registration. Remember that free registration is only available for a short period and hence grab the opportunity as soon as you can. There are rumours that the robot will require a license fee of up to $2000 per month from March this year. Those who register before will enjoy the free license for a lifetime provided that they keep using it. STEP TWO: Verify identity with a partner broker Identity verification is a requirement with all well-regulated brokers. You need to upload a clear photo of your national identity card plus a recent utility bill showing your current address. The ID verification and Proof of Address process are quite straightforward. Your name and details must match those that are used to create an account in step one. You can proceed to deposit and trading before ID verification, but you won’t be allowed to withdraw until you go through the process. STEP THREE: Deposit your trading capital You need at least $250 to start trading with Bitcoin Optimizer. You must start small and grow with time. A deposit of $250 is perfect for a beginner. Bitcoin Optimizer accepts deposits through Wire Transfer, Western Union, and major debit and credit cards. This bot does not charge any deposit fees. Moreover, all deposits reflect on users’ accounts instantly. Deposit limits may apply. STEP FOUR: Trade demo and go live Bitcoin Optimizer offers a highly intuitive simulation account to help users familiarize with the real-time web trader. You must trade with the demo first to avoid making costly mistakes during live trading. It is through the demo that you will get familiar with the robot’s risk settings, among other essential features. Live trading with Bitcoin Optimizer happens at a click of a button. As mentioned earlier, you can trade with this robot successfully even if you do not have prior trading experience. Just follow the trading guide that comes with the bot and everything else will fall into place. You also need to master the trading tips below to get the most out of Bitcoin Optimizer. How to get good results out of Bitcoin Optimizer Bitcoin Optimizer is entirely auto, but this is not to mean that no trader’s input is needed to maximize its potential. Follow the tips below to enhance your experience with this robot. Start small – With Bitcoin Optimizer, a deposit of $250 can give a supposed daily return of up to $1500. This means that you have an opportunity to grow your account tremendously if you reinvest half your profits. Depositing more money is likely to cause anxiety hence cloud decision making. Trade the Eastern Daylight Time – This is the time when trading is live on NYSE. Wall Street is a crucial driver of bitcoin volatility due to the many derivatives traded there. You should run the bot unmonitored for at least 8 hours daily. Trade during market events – Follow crypto news and ensure that Bitcoin Optimizer is running during market events. Remember that volatility is high during these periods and Bitcoin Optimizer earning potential depends on it. Bitcoin Optimizer and Elon Musk There are rumours that Elon Musk has endorsed Bitcoin Optimizer. However, there exists no evidence in support of these claims. While Elon Musk is vocal about bitcoin and blockchain, he has not expressed any interest in trading algorithms. We recommend that avoid the Elon Musk Bitcoin Optimizer rumours and instead rely on legit sources of information. InsideBitcoins has tested Bitcoin Optimizer and found it to be legit. Bitcoin Optimizer and Richard Branson Richard Branson is another entrepreneur said to have invested in Bitcoin Optimizer. We have tried to contact him to clarify these claims to no avail. A background search reveals no evidence of a Richard Branson Bitcoin Optimizer investment. InsideBitcoins presents unbiased reviews to help users make informed decisions. This review of Bitcoin Optimizer offers everything that you need to know about this trading robot. Bitcoin Optimizer and Gordon Ramsay Gordon Ramsay, a British celebrity chef, is also rumoured to have invested in Bitcoin Optimizer. However, there is no evidence to support these claims. While Gordon Ramsay may be interested in bitcoin, there is no reputable source of information that links him to Bitcoin Optimizer. Avoid unfounded rumours by getting all the information that you need from authoritative sources such as InsidBitcoins. You should also confirm all information on Bitcoin Optimizer website before taking it as the truth. Is Bitcoin Optimizer legit? The Verdict! This review of Bitcoin Optimizer concludes that the bot is legit. We can confirm that this bot is popular with users, as is evident on the ratings on TrustPilot. Bitcoin Optimizer partners with well-regulated brokers to ensure the safety of funds. You can try this robot today and let us know how you find it in the comment section below. Remember that Bitcoin Optimizer is not risk-free and it is, therefore, prudent to only deposit what you can afford to lose. Robot Rating Properties Trade 1 The best choice 88% Win Rate - Not a Scam $250 Min Deposit Accepts Credit Card and Sofort Trade Now FAQs Is Bitcoin Optimizer a pyramid scheme? No! This bot is legit. We have tested it and confirmed that it relies on real trading technologies. Bitcoin Optimizer has excellent feedback from users on social media and independent review sites. How much do I need to trade with Bitcoin Optimizer? A deposit of $250 is enough capital to start with. As mentioned above, you can always increase your investment by ploughing back a portion of your profits. How much can I make with Bitcoin Optimizer? The earning potential with Bitcoin Optimizer depends on market conditions and risk settings. Some traders allege making up to $2500 daily through this bot. Can I withdraw my money from Bitcoin Optimizer? Yes! Bitcoin Optimizer allows users to withdraw their earnings anytime they want. Fill the request form, and your funds will be processed in less than an hour.