Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong. Bitcoin XOX is marketed as a profitable crypto trading bot and innovative automated investment platform built on the value fluctuation of Bitcoin. Using a proprietary algorithm that buys low and sells high, with a high reported success rate. Not much information is made available unless making a deposit onto the platform and no free trial appears to be available. The Bitcoin XOX program claims to generate a high return on investment, above that typical of the average day trading professional. Others are skeptical Bitcoin XOX is a scam, and note that crypto trading bots are often unregulated even if legitimate. We put together our own Bitcoin XOX reviews based on the info available on this relatively new auto trading platform, and the statements made on the Bitcoin XOX website. Visit Bitcoin XOX Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection. Is Bitcoin XOX a Scam or Legit? Some in online trading circles call Bitcoin XOX a scam, while others claim to have made a profit trading using it – online reviews have a divided opinion on the legitimacy of this crypto trading bot. Since it requires making a deposit to test out the Bitcoin XOX robot, we were unable to backtest or audit its past performance over the long term. Source – Bitcoin XOX website Similarly to other recent automated trading software like the Bitcoin Thunderbolt bot platform, Bitcoin XOX allegedly operates with a powerful algorithm that is said to automatically places trades on your behalf with a net positive win rate. Our Basic Bitcoin XOX Review This bot claims to have a win rate of over 50% Although some online reviews claim the Bitcoin XOX isn’t a scam, you should know that auto-trading is risky if not properly understood. Inside Bitcoins recommends users start with a minimum deposit until the user develops experience. What is the Bitcoin XOX Platform? The Bitcoin XOX platform and its algorithmic trading tool is said to be an innovative way to invest in Bitcoin, using an API that auto-trades for users. Users have to create an account, deposit some funds, then set their account to Auto-Trade. The algorithm claims it will take care of the rest, putting the user’s funds into solid investments with trusted brokers, and making cash profits from cryptocurrency trades. According to the website, funds are distributed to users based on how much each user invested up front, and some users make thousands of dollars daily. InsideBitcoins advise you to research before you decide to invest money into anything. Investing is risky, and there is a chance you’ll lose everything. Who founded Bitcoin XOX? We haven’t found any official sources confirming who founded Bitcoin XOX, although that’s not unusual for proprietary crypto robots and similar crypto tools. Many of the other Bitcoin robots we’ve reviewed have anonymous developer teams. How to Place Trades on Bitcoin XOX If you are interested in trading crypto on the Bitcoin XOX platform, you can follow the next few steps. STEP ONE: Visit the website Bitcoin XOX website sign-up form To trade on the Bitcoin XOX platform, you need to visit the official Bitcoin XOX website and register. To do that, you need to fill up the form. Leave your name, email, and phone number, and press ‘Register Now.’ Then the Bitcoin XOX website will take you to the next page. Step 2: Demo trading Demo trading is a great opportunity this platform offers because it will help you familiarize yourself with the entire trading process. While you can have basic information on the performance of the Bitcoin XOX cryptocurrency robots from our review and customer testimonials, it is recommended to test them for yourself too. We mentioned the reason for that before: the market changes every minute, and every trader gets different results when testing the crypto robots. Some users say that demo trading is easy and that helped them a lot. They say that your account will be credited with $1,500 worth of virtual funds once you start the demo. You can use that to simulate trading using real market conditions without any risks. After you finish the demo, you can start real trading with your funds. Step 3: Deposit funds The next step is to deposit funds into your Bitcoin XOX account. The minimum you have to deposit is $250, like with most trading robots. Remember that you deposit only the amount you are willing to lose. It doesn’t mean that this trading will bring you profit. It is risky, and you should think carefully before starting this journey. Step 4: Let the robot place trades on your behalf According to the website, you can start using the live trading platform of the crypto robot app as soon as your funds are credited to your account. Starting the bots on the live trading platform is similar to the demo platform. You need to find the red “Off” button under “Auto Trading” and click it. The bots will start automatically within a few seconds. Please make sure that you carefully monitor the app’s performance as you are now trading with real money (unlike at the demo platform). We haven’t tested the Bitcoin XOX app, so if you decide to start, remember all trading carries risk. Bitcoin XOX App As well as its desktop platform for windows and Mac, there is reportedly a Bitcoin XOX mobile app for iOS and Android that optionally integrates with MT4 or MT5 if the users makes us of those trading platforms. Bitcoin XOX Customer Support Users claim that Bitcoin XOX support is on a high level and helpful. They assert to future users that this platform has provided various options to ensure they get the best possible trading results. We can’t assure such a claim. There are many positive online reviews. But, still, it doesn’t mean these reviews are accurate and true. Browse online Bitcoin XOX reviews before investing with its automated trading platform. As the trading mantra goes, do your own research when using this or any other trading robot, or buying any new cryptocurrency or altcoin. The Verdict: Is Bitcoin XOX Legit? InsideBitcoins didn’t test the app, so we can’t say with certainty that this app is legit, nor that it is not. We went through different websites and forums to get more answers so we could present them to you. If you think this review is good enough for you to start crypto trading, you can visit the Bitcoin XOX website and get to work. Don’t forget to be cautious and start with a minimum of $250. Don’t invest if you are not ready to lose. Because trading crypto is not simple, and the market is volatile. It is constantly changing, and you never know when you will get or lose everything you invest. Be wise. If you are stressed over not being sure whether you should go with Bitcoin XOX, you can pick eToro as it’s a regulated broker. See our full eToro review. To use leverage, we recommend OKX as it supports margin trading with up to 100x leverage – check out our OKX review. Bitcoin XOX Review – Conclusion According to user testimonials, Bitcoin XOX appears legit. Some users claim to have made an average profit of $1500 daily using this robot. We recommend that users only start with a $250 deposit to avoid capital loss and test the trading platform. Also, you need to inform yourself well before starting trading on any platform. Some trading bots appear to be nothing more than a scam and are made in a way to take people’s money. After all the testimonials and different Bitcoin XOX statements, we can’t confirm whether this website is legit or a scam. You should do extra research before putting money in crypto trading. Visit Bitcoin XOX Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection. Automated Trading on Exchanges A safe 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 into 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. Coptrading on eToro is similar to 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 Our Rating Review Traders' Performance, choose from 1 - 100 to Copytrade No Management Fees Free Demo Account Social Media & Forum Community - Trusted by 30 Million Users Start Copytrading Don’t invest in crypto assets unless you’re prepared to lose all the money you invest. Read more: Centobot Review: Scam or Legit trading Robot? FAQs Is Bitcoin XOX legit? It's difficult to verify if Bitcoin XOX is legitimate without making a deposit as no free trial version is available. However online reviews of Bitcoin XOX are relatively positive. How much should I deposit with Bitcoin XOX? The minimum deposit with Bitcoin XOX is $250. However, users recommend that you start with this amount and add capital as continue using the platform. How much can I make with Bitcoin XOX? The earning potential with this robot is unverified and relies on online testimonials - most reviews state it is possible to profit more than the average human traders. Some reviews are negative however, as with all crypto bot tools. Can I withdraw my money from Bitcoin XOX? The Bitcoin XOX website states that it allows traders to withdraw their money whenever they want. Once you make a withdrawal request, it should take up to 24 hours for the funds to reflect in your bank account.