Bitcoin Wealth: Scam or Legit Trading Robot?Author: Patrick WebberLast Updated: 08 April 2020Bitcoin Wealth is a trading robot claiming to help investors make thousands of dollars per day in profits with an initial investment of as low as $250. But is this crypto trader scam or legit? InsideBitcoins has carried out tests finds it to be legit legitimate and working. In this post, you will learn everything you need to know about Bitcoin Wealth.On this Page:Is Bitcoin Wealth Scam or Legit? InsideBitcoins Verdict! Bitcoin Wealth is legit and real. Most online reviews rate this trading robot among the best. Bitcoin Wealth claims to have a win rate of 90% and a high trading technology accuracy. InsideBitcoins recommends that you start small with this trading platform. Open an account now or keep reading to learn more about this trading platform.InsideBitcoins has carried out various tests to determine if this bitcoin trading robot and finds it legitimate. Our tests follow five steps namely personal experience, individual online reviews, transparency about founders and how the robot compares to other proven robots in the same category. On personal experience, our testing team has carried out various tests including the account opening and deposit process and did not find any red flags. We have also determined that most clients report a positive experience when trading with Bitcoin Wealth. This trading robot is also transparent on the founders and has responsive customer service.What is Bitcoin Wealth?Bitcoin Wealth is a trading robot that allegedly relies on sophisticated computer algorithms to analyze crypto markets and make trading decisions. Unlike most trading robots of its category, Bitcoin Wealth trading robot algorithms depend on Artificial Intelligence. This robo-trader also scans the market for trading signals from reputable traders and automatically executes them on the user account.With Bitcoin Wealth, you can trade Bitcoin, Ethereum, Neo, Dash, and Monero among other top cryptocurrencies. The robot is designed to allegedly make money irrespective of the market direction by analyzing the asset in question big data and executing a trade that matches the insights gained. For instance, if the algorithms analyze the market big data and determine that bitcoin price will plummet, the corresponding trade will be short selling.Even better, no prior trading experience is required to trade with Bitcoin Wealth. All that is needed to start trading with this robot is a straightforward account creation process, and trading app set up. Bitcoin Wealth provides instructions in the form of a video to guide users through the process.Trading is automatic meaning that investors do not have to do any investment research or make trading decisions. The only activity traders are required to carry out is to open and close trading sessions. This simple task takes less than 20 minutes per day. Bitcoin Wealth is a free to use the app even though a minimum capital deposit of $250 is required to start trading. InsideBitcoins review ranks Bitcoin Wealth in the same category as top trading robots in our list. Read this Bitcoin Code Review if you are looking for an alternate trading robot.Who Founded Bitcoin Wealth?Bitcoin Wealth founder is Max Carney, a self-proclaimed crypto investor, and millionaire. InsideBitcoins has carried out rigorous research about this person and can verify that they are legitimate. Max Carney is also the founder of Crypto Wealth, another trading platform with a claimed high profitability.According to Carney, Bitcoin Wealth borrows the strategies he has been using to trade cryptocurrencies. These strategies claim to have an accuracy level of over 99%. InsideBitcoins did not find any information about the support team behind this trading robot.Advantages of Bitcoin WealthWhen compared to other bitcoin trading robots, Bitcoin Wealth comes with many advantages. Users rank this robot among the best regarding transparency and trading accuracy. Bitcoin Wealth is among top trading robots such as Bitcoin Code, Cryptosoft and Bitcoin Loophole according to many traders. The following are the top advantages of trading with Bitcoin Wealth. Reliable trading platform. A claimed success rate of 88%. A transparent fee mechanism. Easy to set up and use. Excellent customer service.It is important to note that like all trading robots, Bitcoin Wealth is not 100% safe and therefore there is a risk of losing invested capital. However, the risk is small when compared to the traditional ways of investing.How much can one make with Bitcoin Wealth?Bitcoin Wealth trading strategies are reportedly meant to maximize every profitability opportunity meaning that they claim you can make huge profits within a short time frame. Most traders who have used this trading robot report to make an average of $1300 per day with a capital investment of as little as $250. According to Bitcoin Wealth, the more invested capital a trader has, the higher the likelihood of making more money. InsideBitcoins recommends that you start little and upgrade your account as you get more comfortable with their trading platform. Also, avoid investing money that you cannot afford to lose since there is a degree of risk involved in trading with this robot. Bitcoin Wealth has a claimed accuracy level of 99% which means that there is a 1% possibility of losing invested capital when trading with the app. There are quite a few robots that claim to have high profitability. Check out our bitcoin robot page to see what they are.How does Bitcoin Wealth work?As mentioned earlier, Bitcoin Wealth applies sophisticated computer algorithms to analyze crypto markets data and place corresponding trades. This robot places trades automatically meaning that investors do not need prior crypto trading experience to trade.The strategies applied by the Bitcoin Wealth system claim to make investors thousands of dollars in profits per day with less than 20 minutes of account monitoring. With Bitcoin Wealth, you can allegedly make money irrespective of the underlying asset prices direction. This, according to them, makes them an ideal crypto trading option in the current highly unpredictable crypto markets.On top of the trading algorithms, this trading app also depends on signalling, a strategy that involves copying trades of experienced crypto traders. The Bitcoin Wealth app supposedly scans the market for highly profitable traders, copies their trades and automatically applies them to the user account. Successful traders are allegedly identified by their trading history and the consistency in the profits made. Bitcoin Wealth employs the blockchain technology and artificial intelligence to improve the accuracy of its choice of trading signals.How to place a trade on Bitcoin WealthBitcoin Wealth trading process involves three simple steps namely account creation, deposit, and trading. This trading robot provides guides to help you navigate through the process. InsideBitcoins has established that the process is a simple and secure one.On the downside, Bitcoin Wealth is not available in all countries and does not offer a demo account. While a demo account may not appear as a necessity in automated-trading, it is essential since it gives the client a feel of the live trading platform before they can trade with real money.You can try the signup process here to determine if this crypto trader is available in your country.Bitcoin Wealth signup processInsideBitcoins determines a great signup process by the amount of user data collected, the security measures that are undertaken to protect this data and how the data is used. A good trading robot should not collect unnecessary client information, should keep the collected data secure and should not use it for any other purpose apart from the intended one.The Bitcoin Wealth account creation process involves filling in personal details on a form provided at their homepage. These details include the client names and their email address. When compared to other crypto trading platforms, Bitcoin Wealth corrects little client personal information which is a big plus for online privacy. Robo-traders that collect unnecessary personal information expose their users to harm in the event of a cyber attack.Bitcoin Wealth website has all the security measures required to ensure that hackers can not intercept data that passes through it. The site applies the Secure Socket Layer (SSL) protocol to encrypt all data transmitted between the web server and the browser. Websites without an SSL lock expose clients data to hackers. When it comes to data usage, InsideBitcoins has determined that Bitcoin Wealth does not share clients’ information with third parties and neither does it use it to send unsolicited offers.Deposits and WithdrawalsBitcoin Wealth requires a minimum deposit of $250 for one to access their trading platform. Please note that this amount is the investment capital and not the cost of the software. The Bitcoin Wealth trading app is free to use and only takes a small commission from the profits you may make using it.The deposit and withdrawal methods accepted by Bitcoin Wealth include Visa, MasterCard, Maestro, China Pay, and Wire Transfer. When compared to other crypto traders in the same category, this trading robot does not provide enough deposit and withdrawal options. InsideBitcoins has verified that Bitcoin Wealth facilitates transactions within 24 hours. This is in line with most leading crypto trading robots.Regarding security, InsideBitcoins has determined that this crypto trader does not store clients banking details. Clients are therefore assured of full protection in the event of hackers accessing their trading account.Live TradingWith Bitcoin Wealth, traders have an option of trading manually or automatically. Manual trading involves observing the signals generated by the app and placing corresponding trades. Automatic trading, on the other hand, consists of the app generating trading insights and automatically placing the matching trades. Both trading strategies are beginner friendly and do not require any prior crypto trading experience. Investors typically opt for automated trading over manual since it does not take much time. However, traders should monitor their accounts now and then and close trading sessions when they are not in a position to keep checking the progress. We cannot repeat enough that there is a degree of risk in trading with robots and it is, therefore, important to keep tabs on what is happening with your account.It is also essential that you start with not more than the minimum deposit required and only upgrade your account once you familiarize with the trading robot. If you would prefer trading with a robot with a demo account, consider a closely related option such as Bitcoin Profit.Bitcoin Wealth in the MediaInsideBitcoins has determined that Bitcoin Wealth has not appeared anywhere in the mainstream media. There is a tendency among affiliate marketers to associate trading robots to mainstream media falsely and celebrates in a bid to gain affiliate sales. We recommend that you stay away from any affiliate marketing reviews trying to make such connections since they are likely to mislead you.Even for products that genuinely appear on mainstream media or receive celebrity recommendation, it is always important to carry out further research to determine their legitimacy. This is because it is possible for a scam product to appear on mainstream media and get a recommendation from authoritative figures.Bitcoin Wealth Trading PlatformBitcoin Wealth provides both a web-trader and an Android/IoS mobile app. The web-trader is the most popular with traders since it comes with a myriad of functions and is easy to navigate. The mobile apps are available for free on Google Play Store and Apple’s Store respectively.The VerdictInsideBitcoins finds Bitcoin Wealth legitimate, real and working. This crypto trader has a reliable trading platform, high transparency, and excellent customer service. We recommend that you start with an investment as low as $250 and only upgrade your account once you are comfortable with the trading platform. Try Bitcoin Wealth Now!Remember that all investment opportunities carry a certain risk. This especially applies to cryptocurrencies, which are still relatively young in the financial markets.FAQsIs Bitcoin Wealth legit? InsideBitcoins test finds this trading robot legit. Our analysis takes into account personal experience and also other users' reviews.How does Bitcoin Wealth work? Bitcoin Wealth relies on sophisticated computer algorithms to analyze crypto markets and identify trading opportunities. These opportunities are either recommended to investors for implementation or are implemented automatically.How much should I invest in Bitcoin Wealth? InsideBitcoins recommends that you start with an investment of $250. You should only add capital when you are comfortable with the trading platform.How much can I make with Bitcoin Wealth? Bitcoin Wealth claims to maximize on all trading opportunities that appear in the crypto markets irrespective of their size. They claim that you can make thousands of dollars in profits per day and that the more capital you invest, the higher the gains you get.Is there a risk in trading with Bitcoin Wealth? Like all crypto traders, Bitcoin Wealth is not 100% secure. This means that it can at times be wrong leading to loss of invested capital. However, Bitcoin Wealth claims to have an accuracy level of 99.4%.How much does Bitcoin Wealth cost? Bitcoin Wealth is a free trading app. However, you may incur a small commission on the profits generated using the app.Is Bitcoin Wealth regulated? Bitcoin Wealth is a trading app and therefore does not have any regulatory obligations. However, the brokers behind the app adhere to regulations in their jurisdictions of operation.