BitQS Review – Genuine Trading Platform?

This post features a quick BitQs review. If you’re considering the BitQs platform but wondering if you’ll find it helpful, then you should read this review to the end. In this BitQs review, we will take the platform apart piece by piece. We aim to reach under the hood and uncover what the platform is all about. We’ll weigh all its claims to see how well it holds up.

Also, we’ll give you feedback on our findings during our research into what others are saying about the platform. In the end, we’ll give you our unreserved view of the platform. As an added value, we’ll include recommendations for another platform with an established reputation and track record. If you’re ready to clear your doubts about the trending BitQs platform, let’s jump right in.

BitQS Review 2024 – Overview 

Prior to exploring the intricate elements of this platform, it is essential to commence with a concise introduction, providing a general outline of its fundamental features:

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Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

What is the BitQS Platform?

BitQS describes itself as a one-stop cryptocurrency investment solution. It claims to provide investment knowledge to traders and crypto investors.

According to its website, the platform offers trading assistance to crypto traders through proprietary trading tools. It also claims it’ll provide trading education and provide account managers to users. However, its smart trading offering is one of its core marketing messages. According to BitQs, traders using the platform will have access to smart trading tools.

It claims that the tool helps traders maximize trading decisions and strategize for profit. In other words, BitQs, claims to make trading as easy as possible for beginner and veteran traders.

BitQS Really Work – Methodology 

One can not specifically infer whether it works or not from its website.  First, you’re mandated to make the initial deposit, or you don’t get to access the platform. We couldn’t access the trading interface because we had not made the initial deposit. 

However, we took our BitQs review effort further and researched other users to see if indeed the platform delivers its value. Our research led us to a reviewer on Trustpilot. The review claims that the reviewer was unable to withdraw funds from the platform for a longer period than was expected.

Quite unfortunately, there was no response from BitQs customer support to debunk or pacify the aggrieved user. However, we could not verify if indeed the reviewer used the platform as stated.

Therefore,  according to the claims of the reviewer, one might conclude that the site works. Nonetheless, problems may arise in the course of using the platform. To that effect, traders must carry out thorough research and interact extensively with customer care and other users to establish the facts.

BitQS – Pros and Cons?

In our exploration, we discovered both advantages and disadvantages associated with each platform. Regarding BitQS, we identified specific benefits that set it apart, but we also encountered certain drawbacks that necessitate evaluation and improvement in order to enhance trust

Pros Of BitQS

Cons of BitQS

BitQS – Scam or Legit?

Since we didn’t get to use the platform, it’s hard to give an assertive positive or negative answer. However, we spotted some features that could help traders deduce if they can trust the platform:

Contact with BitQS staff

According to the website, it claims that users will receive a call from an assigned staff member after registration. However, after following through with the registration, there was no such thing as a call. It creates mixed feelings about the platform. However, for the benefit of donuts, we’ll assume there was a technical glitch. 

Third-party BitQs reviews

BitQs has enjoyed extensive reviews, which indicate public interest in the platform. With such a volume of interest, one can only assume that there are some facts about the platform. 

BitQ’s social media and customer community

Unfortunately, BitQs does not have any trace of a social media presence. Likewise, there’s no community for customers, nor is there any user review on its website. We found this to be another red flag. Perhaps it could be a costly omission that the team should look into.

In summary, BitQs omitted several pieces of information that create asymmetry and reduce trust in the platform. There is a need to address the information gap to improve confidence. Therefore, it’s hard to say if it is or is not a scam, as the available information does not provide a conclusive verdict. Investors are better off conducting further research before using the platform. 

BitQS Restricted Countries 

BitQs claims to accept users from any country in the world. The website identifies the country from which each user is registering. However, users from countries that use cryptocurrency might experience difficulties accessing the platform. 

BitQS Site Features

BitQs claims to feature extensive smart trading tools. It also promises to provide users with training and human support for the lifetime of their account on the platform. Below is a quick highlight of the features of the BitQs trading platform. 

Experts Working Behind the Scenes

The website claims the platform is designed and crafted by a team of financial professionals. It also claims that the team working with the platform has gathered extensive experience in the crypto trading industry, especially bitcoin. Furthermore, it states that the teams’ passion for equipping other traders for success made them create the BitQS platform. The team includes 

BitQS Proprietary Trading Tools 

The platform claims to offer users some smart trading tools that help with detailed analysis and assistance.

BitQS Account Manager

According to the website, users get all the assistance they need from human representatives and smart tools. According to the website, the assistant or account manager would be there to inform you about opportunities and provide you with alerts. 

BitQS is  Beginner Friendly

The platform claims its tools are adapted for all categories of traders. It even claims that beginners with no prior experience with trading can hop on board because the tool can help them gain knowledge. 

BitQS Trading Execution Tools 

Also, information on the platform claims that the tool can leverage parameters provided by traders to execute a trade from start to finish without interference from the trader. 

BitQS Signals and Alerts

The platform claims to provide users with signals and information to help them stay ahead of the trend across the cryptocurrency market. 

BitQS Portfolio Diversification Tool

The platform states it helps traders spread their assets over many different classes. It claims that this is made possible through its risk management functions.

You may have to note that we were unable to verify if the claims were valid as we couldn’t access the platform at the time we were putting the BitQs review together. 

Is BitQS Worth The Investment?

The features of the platform, the services it claims to offer, and the reviews from third-party sites show that the platform has valuable offerings. However, it is quite hard to accurately measure the degree to which it delivers on the promise as there is no verifiable source of information. In that case, traders should conduct their due diligence before deciding to use the platform. 

BitQS Cost & Fees 

BitQS only specifies one payment during its registration process. Users are required to pay a sum of $250 to activate the platform. However, it claims that the fund is available to the trader as their trading funds and is indeed not a cost. Other reviews testify to this fact as well. Invariably, it means that the platform comes at no cost to the trader since the registration fee would still go towards funding their trading account. Since this is a trading platform, it’s best to only use the money you are willing to lose if you decide to use the platform. 

Minimum Deposit to Use BitQS 

The BitQS website claims that the platform is free. However, it also stated that users need to make a minimum deposit of $250 to activate their account on the platform. Without paying the minimum deposit, users will not be granted access to the trading interface. According to the platform, as we couldn’t verify, you’ll only be able to make the initial deposit after you engage with a platform staff member via phone call. We made an unsuccessful attempt to go through with the registration process,  however, and it has prevented us from gathering further information about the back end of the trading platform. 

BitQS Customer Support 

Surprisingly, you can only reach customer support through the contact form provided on the platform. There is no clear information about how long it takes to get a reply from support. In the fast-paced world of crypto trading, it’s quite inefficient to have a single channel for providing support to users. Instant message interfaces and social media buttons are not available on the platform. 

Likewise, support seems to ignore the negative reviews and feedback we found online. Ideally, active customer support should be a top brand keyword, providing support to users on social media and review platforms like Trustpilot. It seems BitQS needs to revamp its customer support and ensure it becomes more active online. 

BitQS Website

The BitQS website features a relatively simple design, easy to navigate, and intuitive. The homepage lists information about cryptocurrency, bitcoin, crypto investing, and others. It also touches on brief details about its services. It also uses a simple navigation menu layout that links to key pages of the site. Above all, the registration form sits prominently in the right-hand corner of the page, making it easy for users to sign up and get started. In a nutshell. The BitQS website is designed to achieve one purpose: to give users information about the platform and get them registered. 

Founders of BitQS

There is no specific information about the founders of BitQS.  The platform says nothing about the team behind it. A search on LinkedIn for BitQS founders and team information did not return any data. Usually, platforms with proprietary tools prefer to keep information about their founders private. However, it could also lead to the assumption that the platform is owned by faceless people, which makes potential users skeptical. Although the information on the website describes the relationship between the platform and a third-party trading provider, there are no clear details about the other team or organization involved. 

BitQS Deposit Methods

Unfortunately, BitQS does not have information about deposit methods on its website. However, information from a third-party website claims that the payment methods might vary from one country to another. It is due to differences in financial policies and financial institutions available in each country. However, some of the deposit methods supported by the platform, according to the third-party website, include credit cards, debit cards, eWallets, Skrill, wallets, and others. We couldn’t get any information regarding its support for Bitcoin and other cryptocurrencies. 

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Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

Are Celebrity Endorsements of BitQS Genuine?

We conducted a thorough search online and on the BitQS platform, and compared to popular reviews on other sites, we couldn’t find any verifiable celebrity endorsements. A quick search on Twitter and other social media should return snippets and information about any form of celebrity endorsement. Contrary to that, we didn’t find any. It might not be enough to dispute the online reviews, though. However, we’re yet to find a verifiable endorsement as of the time of compiling this BitQS review.

How to Delete a BitQS Account?

There is no specific method for deleting an account on BitQS. However, if you don’t make the initial deposit, the platform will activate your account. Equally, if you don’t continue funding the account returns to the demo version. However, according to its website, you can still use the account to practice your trading skills, but you don’t get support or a proprietary trading tool. Contact the support for further information about how to delete your account. 

How to Use the BitQS Platform

If you finally decide to go ahead and make use of the BitQS platform, below is a quick guide on how to get started. However, always remember that investing in cryptocurrency is a risk and should be approached with caution. Likewise, conduct your research before proceeding with your registration.  

Step 1: Account Creation

The first step is to visit BitQS and fill out the registration form on the homepage.

The required information includes your full name, your email address, and your phone number.

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Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

Step 2: Login

After successfully creating your account, the next step is to proceed with the login process. Logging in to the platform provides you access to its features and functionalities, allowing you to engage with the services it offers.

To begin, locate the login section on the platform’s website or application. Typically, this can be found on the homepage or through a dedicated login page. Look for the designated fields where you can enter your login credentials.

Enter the email address or username associated with your account in the respective field. Take care to input the information accurately to ensure a smooth login experience. If the platform offers multi-factor authentication, follow the provided instructions to complete the additional security step.

Once you have entered your email address or username, proceed to enter your password in the designated field. Ensure that you input the correct password, paying attention to capitalization and any special characters.

After entering your login credentials, double-check for accuracy and click on the “Login” or “Sign In” button to proceed. If all the information provided is correct, you will be granted access to your account.

Step 3: Deposit funds

According to the website, a representative of the platform will call to have you verify your details. It claims it does that to improve the security of the platform. It then says that after your information is verified, you’ll be able to continue your registration.

Step 4: Deposit funds

The platform requires users to make a $250 deposit for account activation. After the activation is complete, users gain access to all the tools featured on the platform. 

Step 5: Start Trading

According to the website, once users complete the required registration and make all necessary payments, it grants immediate access to the trading interface that hosts all the smart trading tools provided by BitQS.  

BitQS Review Summary

In this BitQS review, we take you through the highlights of every aspect of the platform. We started with a brief explanation of what the platform was all about. After that, we reviewed how it works and went on to explain how to sign up for an account. As a reminder, there is a need to conduct personal research before signing up on the platform. Not just on BitQS, but on every trading platform. 

From our BitQS review, we’ve observed several claims and offers that sound legit. We’ve also referenced third-party platforms that attest to the values of the platform. However, there are equally serious lapses that call for questioning, and we pointed that out in the review. At this point, it’s up to investors or traders to decide whether to proceed with the platform.

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Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

BitQS Alternatives

To successfully align your portfolio with your investment objectives and navigate the shifting market landscape, it is imperative to consistently review and rebalance it. Recognizing that market conditions and investment performance can change over time, periodic assessments and adjustments based on recommendations are paramount. Thus, we highly advocate implementing the following practices to ensure the effective management of your portfolio:

Investing Early in New Crypto Presales or ICOs

We, at InsideBitcoins, have taken the initiative to assess multiple token sales that have emerged in 2023. Access our curated collection of crypto presales on our website.

Networking With Professional Traders

In order to acquire trading skills, it is advisable to follow well-regarded professional traders on Twitter and YouTube. Engaging with Reddit communities and crypto Discord groups offers valuable opportunities to access free tutorials, courses, and engage in one-to-one discussions. Explore our recommended crypto Discord for a selection of resources.

Automated Copy Trading on Crypto Exchange

When comparing small independent platforms like BitQs to larger regulated crypto exchanges, it’s important to note that the latter do offer automated trading options, particularly through copytrading. One highly recommended exchange is eToro.com, which complies with regulations set by SEC, FCA, ASIC, and CySEC. It provides access to users in most countries globally, with few restrictions. eToro.com accepts various deposit methods, including Paypal, credit cards, debit cards, bank transfers, and other conventional options.

The platform’s standout feature is the ‘Copy Trader’ tool, which enables users to select professional traders based on audited, backtested return on investment (ROI) data covering the past 12 months. Additionally, exchanges like OKX and Bybit offer similar automated copy trading features, such as grid trading bots.

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