Bitcoin Rush Review: Scam or Legit Platform? ByPatrick WebberPRO INVESTOR Updated: 23 November 2022 Even with the plummeting crypto prices, the industry remains highly lucrative to those who know where to invest. Today, there is a myriad of ways to make big money from crypto trading. One of them is claimed to be with bitcoin auto-trading robots. Bitcoin Rush is a trading platform that has been around since 2013, and some claim to be the most popular trading bot among others. There are many questions like “Is this crypto trading bot a scam? Why should we trade with Bitcoin Rush?” InsideBitcoins decided to help you with your doubts by reviewing this trading bot. Bitcoin Rush is a trading robot that claims to have helped tens of thousands of users generate good money daily. Is this true, you might ask. People are craving to earn more money and become rich overnight. But trading with cryptocurrencies takes work. You must have specific skills and be in the right place at the right time. Also, using the right crypto trading bot can help a lot. There is a level of risk involved, so traders should always be cautious when using trading tools. Keep reading to learn more about Bitcoin Rush, or visit the link below. Visit Bitcoin Rush Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection. On this Page:Contents [show] What is Bitcoin Rush? Bitcoin Rush is a Bitcoin crypto trading system. It claims to be using Artificial Intelligence technologies to bet on bitcoin’s price swings. When you continue searching about this platform, you will see it represents itself as an intelligent computer algorithm that can study market trends and predict future prices with high accuracy. InsideBitcoins can’t vouch for this because we couldn’t verify the statements. According to the Bitcoin Rush website, each investor can earn an average daily profit of $1500. They only need to deposit a minimum of $250 and start trading with this bot. You need to be aware of potential risks. Investing money in crypto is not a safe haven. You need to be fully aware, especially if you don’t have enough info on the trading bot you will put your money on. Source – Bitcoin Rush website If you decide to go with the flow, we advise you to start with the minimum deposit and only upgrade your account when you have full trust in the platform. Starting small gives you the peace of mind to master the platform functionalities and trade without fear. The Bitcoin Rush website says that this trading ecosystem is powered by blockchain to ensure transparent and seamless transactions. They allegate to be license-free and available in over 165 countries. But we can’t say if this is true. Keep updating yourself on the latest developments in the industry. It will help you determine the best times to open and close trading sessions. How does Bitcoin Rush Work? Bitcoin Rush says to leverage trading signals from sophisticated computer algorithms to make trading decisions. According to the website, these algorithms analyze the bitcoin market big data to derive tradable insights. They say trading algorithms are known to be more accurate than humans given their ability to take into account millions of factors when making trading decisions with the speed of lightning. In other words, they state that these algorithms do not miss any trading opportunities. But, we were not able to verify such claims. Source – Bitcoin Rush website Advanced bitcoin algorithms perform both fundamental and technical analysis. For the record, fundamental analysis involves an analysis of qualitative data such as news. Technical analysis, on the other hand, takes into account quantitative data such as price charts. It doesn’t mean that all crypto trading bots have embedded these algorithms. Some bots can make you believe they are not a scam as they sometimes have perfectly built websites that can fool you. So open your eyes and be careful about who to trust with your investments. The role of the user is to open and close trading sessions. InsideBitcoins recommends that you pay attention to market news to know when to open and close trades. Also, never leave the trading robot running overnight. This is because there is a high likelihood of making losses at the beginning of the next day since the markets can change significantly overnight. How to Register with Bitcoin Rush? According to certain online reviews, using Bitcoin Rush is straightforward and trustworthy. While others think it’s a scam. Opinions are divided. You can always read extra forums and decide if you should go with the gut. If you want to start trading crypto and invest some money with Bitcoin Rush, there are a few steps you need to finish. Visit a Bitcoin Rush Website Bitcoin Rush website sign-up form Always pay attention to the website you are visiting because some might seem like real ones, but they are made to just take out your money and never return it. Once you visit the official Bitcoin Rush website, fill in the registration form and click the ‘Register Now’ button. The required information includes name, email, and phone number. Your account is approved after confirming your contact details as instructed. The website assures users they don’t collect unnecessary personal information as they are SSL protected to ensure that any data that goes through them is encrypted. Is this true? Well, we don’t know for sure. That’s why you need to be aware when leaving personal info because some platforms without protection are vulnerable to data breaches. In these cases, hackers can intercept web traffic and copy data. Deposit Once the registration is complete, you will be directed to the deposit page. The website claims to provide multiple deposit methods, including Visa, Master Card, Wire Transfer, Bitcoin, Web Money, Skrill, and Maestro. The minimum for deposing is $250. You must deposit money while waiting for the ID proof details to be processed. The website guarantees users no deposit charges, and they can withdraw their capital whenever they wish. Is the deposit process secure? We can’t confirm this since we didn’t check. That’s why you need to pay more attention and be extremely cautious because most scam trading robots usually store these details and trick users into making automated deposits. Demo Trading Demo trading is essential because it allows you to learn how to use the platform. The good side of the demo is that it is free of charge. It helps you familiarize yourself with the platform before live trading. The trading results received through the demo account are in no way reflective of what you will get in live trading. While a demo account may not make much sense in automated trading, it is the only guiding tool to using the real platform. It is through this platform that you will learn to open and close trading sessions and harvest profits. We recommend that you take it seriously. Live Trading When it comes to live trading, all you need to do is to open and close trading sessions and also withdraw profits. You need less than 20 minutes of account monitoring per day to trade with this robot. We recommend that you open trading sessions at the beginning of each trading day and end sessions at the end of the day. As mentioned earlier, it is essential that you keep abreast with the latest developments in the bitcoin market. This will help you know when to keep a close eye on your account. You will need to monitor your account regularly during periods of high volatility. Likewise, always withdraw your profits as soon as possible if you do not wish to reinvest them. Read our review of Cryptosoft, an alternative trading robot that gives access to numerous cryptos. Bitcoin Rush: Key Features Payouts Payouts Bitcoin Rush claims that you can make an average of $1500 per day from an investment of less than $1k. Verification System Verification System According to some online reviews, the Bitcoin verification process seems to be easy. As they say, the whole process should not take you less than three minutes. Still, we didn’t have a chance to verify it. Withdrawal process Withdrawal process Bitcoin Rush says it allows investors to withdraw their money whenever they need it. InsideBitcoins couldn’t confirm that it takes less than 24 hours for funds to be processed. However, some other robots take between 24 and 48 hours. Costs/Fees Costs/Fees It appears that this trading robot does not charge any license fees. However, traders may be required to pay a little commission on the profits they generate through the app. But, we can’t assure you if that’s true. User Testimonials User Testimonials As we mentioned already, opinions are divided. There are several different servers where you will read users’ experiences; some say Bitcoin Rush provides excellent customer service, while others disagree. It’s up to you to decide who to believe. Customer service Customer service According to the Bitcoin Rush website, they provide excellent customer service. They state to be there for users 24/7. Is Bitcoin Rush a Legit Trading Robot? When reviewing crypto trading bots, InsideBitcoins takes into account the following features: Transparency Profitability Reputability Seamless withdrawals Customer service Bitcoin Rush says it operates in high transparency. They say they reveal all the crucial information relevant to users. But, we haven’t been able to ascertain such statements. When it comes to profitability, according to testimonials, the average daily profit on Bitcoin Rush appears to be in the $1500 mark. Individual users have reported that this level of profitability is consistent. But pay attention to where you are deposing your money because some trading bots might turn out to be a scam or Ponzi schemes. When we consider the reputation and start reading about Bitcoin Rush presenting its platform, we can find its claims to be a reputable platform with thousands of positive reviews on independent consumer feedback sites. If you want to be sure of that claim, you need to do additional research and decide on your own whether this is a legit or a scam trading bot. We also need to mention withdrawals. Investigating automated trading platforms is important, especially since you might lose all your money once you deposit. Also, customer support is vital if any trouble occurs. Listening and trusting others won’t mean it will be the same for you. Therefore, think carefully before diving into the crypto world. Trading with crypto is not easy and comes with risk. In the end, we can’t say whether the Bitcoin Rush is legit or that’s a scam. It’s up to you to search deeper and find out more about this trading robot. How to get the most out of Bitcoin Rush? Source – Bitcoin Rush website If you decide to start trading with Bitcoin Rush, here are some tips to help you get the most out of this robot. Start small – It is essential that you get comfortable with the Bitcoin Rush trading platform before jumping in full force. We recommend that you start with no more than $250. Follow market news – Following market news will help you determine the best time to open and close trading sessions. The highest volatility in bitcoin markets happens during market events such as the announcement of new regulations. High volatility means high profitability. Harvest profits – We recommend that you harvest your earnings as soon as you earn them. Remember that leaving them in your account means that you are willing to risk them with your trading capital. Do not leave trading sessions open overnight – Leaving your trading sessions overnight may result in huge losses when the markets open the next morning. Close your trading sessions at the end of each trading day. Remember that all investment opportunities carry a certain risk. This especially applies to cryptocurrencies, which are still relatively young in the financial markets. Visit Bitcoin Rush Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection. Bitcoin Rush Gordon Ramsay Endorsement There are rumors of a Gordon Ramsay Bitcoin Rush endorsement. However, we didn’t investigate; therefore, we can’t tell if this is true. It is not uncommon for unscrupulous affiliates to use deceptive marketing techniques to get signups. This is common with both legit and spam robots. We recommend that you always carry out enough research when choosing a robot. Avoid settling for a robot based on celebrity endorsement only. Remember that it is also possible for a scam robot or product to get real approval from a celebrity. Automated Trading on Exchanges An alternative to using a bot is to use the copy trading feature on eToro – this FCA and CySec-regulated cryptocurrency exchange allows you to replicate the trading decisions of a winning, profitable trader of your choice, or a combination of several. InsideBitcoins recommends diversifying your portfolio by allocating part of your funds to a long-established, safe, and reputable platform such as eToro – never invest 100% of your cryptocurrency into one trading bot or hold it on one website, broker, or exchange. Start with a minimum deposit on any platform you use, and make a small withdrawal as a test. Copytrading on eToro is similar to using a bot in that you can grow your investment without having to monitor it, trade yourself or make any decisions – all buy, sell, take profit and stop-loss orders are automated. eToro - Automated Copytrading of Profitable Traders Our Rating 83.7% Average Annual Returns with CopyTrader™ feature Review Traders' Performance, choose from 1 - 100 to Copytrade No Management Fees Free Demo Account Social Media & Forum Community - Trusted by Millions of Users Start Copytrading 68% of retail investor accounts lose money when trading CFDs with this provider. FAQ Is Bitcoin Rush legit? Bitcoin Rush claims to be a legit trading robot. Nevertheless, take some time to look deeper into this trading bot before investing. How much should I deposit with Bitcoin Rush? We recommend that you start with the minimum deposit of $250 and add more capital later. Can I withdraw my money from Bitcoin Rush? Bitcoin Rush seems to enable seamless withdrawals from online reports and testimonials. However our review team did not deposit to test out the cashout process of Bitcoin Rush. Is Bitcoin Rush safe? Crypto trading bots are unregulated and high-risk, only invest what you can afford to lose and consider trying out several different automated trading platforms with a small deposit before committing to a larger deposit.