BitQT BQ is a computer program that trades bitcoin CFDs automatically. The program claims to rely on advanced AI technologies to conduct trading research execution with a supposed win rate of up to 99%. BitQT BQ seems popular with passive online investors, given that it is easy to use for all and doesn’t require a lot of time to operate.
It is also said to require only a small minimum capital deposit ($250) and reportedly generates up to $1k in daily profits from such a small account. But is BitQT BQ legit and if so, does it earn its users the said profits?
As usual, we have conducted a thorough investigation to determine if this bot is legit. We will present our findings in this review and offer tips to help you get started with it.
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BitQT BQ App review
Our criteria for determining the legitimacy of BitQT BQ took into account multiple factors, including transparency, reputation, safety, ease of use, and customer service. The findings are summarized below.
As mentioned above, BitQT BQ is a robot for all. Read our Bitcoin Robot review for the basics of auto trading.
What is BitQT App?
BitQT BQ describes itself as a highly specialized and powerful computer algorithm that automatically conducts the trading functions of an expert BTC CFDs trader.
For the record, a BTC CFD enables traders to speculate on BTC volatility without having to own bitcoin. This means that you can speculate on bitcoin without owning a crypto wallet and going through the tedious buying process.
There are robots out there that trade CFDs on traditional assets such as stock, commodities, and forex. BitQT app only trades a handful of assets. With this robot, you get to trade popular pairs such as BTC/EUR, BTC/USD, BTC/GBP, and BTC/ETH. In total, BitQT BQ provides over 60 BTC CFDs pairs.
The robot claims it can conduct both technical and fundamental analysis with a high supposed win rate. In trading research, technical analysis involves identifying tradable patterns from trading charts. BitQT app can analyze over a thousand charts within a minute. The world best human trader takes at least 5 minutes to analyze a single chart.
Regarding fundamental analysis, BitQT BQ is equipped with Deep Learning (DL) algorithms that can read and generate insights from the news with an alleged 95% accuracy. These algorithms claim to do so at a speed that is 0.001% ahead of the markets. BitQT app allegedly beats the markets 99% of the times. Read our Bitcoin Lifestyle review for another robot with equal performance rate.
How does BitQT App work?
BitQT BQ app conducts trading the same way a professional human trader does. The robot performs research and relays signals to an underlying broker for implementation.
This means that BitQT BQ operates in partnership with several brokers. Apart from executing the signals relayed by the bot, the brokers also handle transactions. When you deposit with Bitcoin BitQT, the funds and subsequent transactions are handled by the partner broker.
In most countries, brokers must register as financial institutions and adhere to strict deposit protection guidelines. BitQT BQ partner brokers seem to be adequately regulated. They all claim to segregate deposits and undergo regular external audits. BitQT app also relies on these brokers to offer leverage.
Leverage is a form of loan provided by the broker to a trader to enable them to take larger market positions. The higher the leverage, the more bets a trader can place and the more they can supposedly earn. BitQT BQ partner brokers provide leverage of 5000:1, meaning that users can place trades worth up to $5000 for every $1 of deposited capital.
Getting started with BitQT BQ
Is BitQT BQ legit? The verdict!
BitQT App meets our criteria for trustworthy robots. This robot seems well-revered by users given the many positive reviews.
Moreover, it seems to operate in high transparency, given it has made necessary disclosures such as the identity of its partner brokers. We have confirmed that these brokers are regulated.
BitQT BQ claims to have the power to turn a small deposit of 250 USD to over 1000 USD in a few hours of trading. However, please note that in trading, profits cannot be guaranteed. Therefore, there is a risk of loss if you trade on this bot. You can get started with this robot through the link below.
What is BitQT BQ App?
Bitcoin BitQT is a highly specialized and powerful computer algorithm that automatically conducts the trading functions of an expert BTC CFDs trader.
Is BitQT App a Ponzi scheme?
No! BitQT BQ seems to rely on real trading strategies and technologies. It is therefore not a Ponzi scheme.
How much should I invest with BitQT BQ?
You need at least 250 USD to trade with BitQT BQ. This amount is more than enough for a beginner trader.
How do I withdraw the supposed profits from BitQT BQ app?
Visit the funds' management page and fill the withdrawal request form. Wait for up to 2 hours as your funds are processed.