Crypto Engine Review: Legit or not? The Results Revealed! Author: Last Updated: 16 July 2020 You have probably come across Crypto Engine when looking for a passive way to generate an income online. This trading robot allegedly generates thousands of dollars per day speculating on crypto volatility. With this robot, traders can trade popular cryptos including Bitcoin, Ethereum, Bitcoin Gold, Monero, Zcash, Ripple, Status, Golem, and Lisk. But is Crypto Engine legit and is it a good idea to try it? From the information we have managed to gather, Crypto Engine appears to be legit. This robot has great online feedback with most users reporting consistent performance. We have not managed to verify if it is possible to earn the alleged $1500 per day from a deposit of $250. However, from what most users report, there is a big potential of earning such returns. This review will take a deep dive on the features that make Crypto Engine worth a try. Robot Rating Properties Trade 1 The best choice 88% Claimed Win Rate - Appears to be legit $/£ 250 Min Deposit Accepts Debit and Credit Card Trade Now Trade at your own risk. InsideBitcoins does not accept liability for any losses. Is Crypto Engine legit? From the great reviews that this robot has on TrustPilot and Forex Peace Army, there is no doubt that it is legit InsideBitcoins investigation finds it to operate in full transparency. All the information that a trader needs to make informed choices is available on their website Crypto Engine relies on FCA and ASIC regulated brokers to handle transactions and facilitate trades. This means that users have an assurance that their money is safe. This review also confirms that Crypto Engine handles users’ data with strict confidentiality. Their platforms have adequate encryption and they are compliant to privacy regulations such as the General Data Protection Regulation Crypto Engine allows users to make withdrawals any time they feel like. There are no withdrawal limits or charges. Keep reading to learn more about Crypto Engine or read our kickass bitcoin robot guide to learn the basics of trading with robots such as Bitcoin Era. New traders should not worry about any jargon used in this review since they will not need it in trading. Crypto Engine is 100% and hence can be used by anyone. What is Crypto Engine? Even with the plummeting crypto prices, the number of people generating great returns is rising by the day. You may be wondering how this is possible. The most successful crypto traders apply trading tools that enable them to bet on both the rising and falling crypto prices. In other words, they can bet on falling prices and generate a profit. Crypto Engine is one of the tools that are applied by these traders. This robot has the power to analyze huge data sets and come up with tradable insights. Moreover, the robot executes these insights automatically. Consequently, traders do not need any expertise or skill to use the bot. The most common technology used by Crypto Engine and related bots is Artificial Intelligence and its subsets of ML, DL, and NLP. These technologies enable the robot to perform both technical and fundamental analysis with an alleged accuracy level of about 95%. As mentioned earlier, some users allegedly make up to $2k per day from a deposit of $250. Such level of earning is possible given the technologies that Crypto Engine relies on and the trading conditions offered by its partner brokers. Most robots powered by artificial intelligence have a reputation of beating the markets. It is through the AI technologies that popular traders such as Navinder Sarao make billions of dollars or even trigger a market crash. How does Crypto Engine work? Crypto Engine operates in partnership with specialized robot brokers. These brokers’ roles include receiving deposits and executing orders from the robot. Unlike traditional brokers, robot brokers are equipped with trading systems that ensure instant order execution. Trading robots such as Crypto Engine and Bitcoin Profit apply a strategy known as High-Frequency Scalping. This trading approach requires instant order execution given that a small slippage is likely to result in huge losses. We have tested Crypto Engine partner brokers and found them to be of high quality. Firstly, they are all regulated by leading bodies such as the Financial Conduct Authority (FCA), the Financial Service Board (FSB), and the Australian Securities and Investment Commission (ASIC). Secondly, they have a great reputation on independent broker review sites including Forex Peace Army. This means that most users are happy with their trading conditions. A properly regulated broker is a guarantee that deposits are safe even in the event of bankruptcy. Brokers also provide leverage to enable traders to magnify their trades. Crypto Engine partner brokers offer a leverage of up to 1:5000. Consequently, traders can take positions that are 5000 times bigger than their invested capital. High leverage equals to high earnings but can also result in catastrophic losses. Crypto Engine through its partner brokers offers negative balance protection to help minimize risk. Even with this feature, there is still a possibility of losing your entire capital. Only trade with what you can afford to lose. How to register with Crypto Engine The registration process with Crypto Engine is a walk in the park. As mentioned earlier, this bot is 100% auto and hence you do not need any specific skill or expertise to use it. The registration process should not take you more than 20 minutes. However, you may have to wait for up to an hour for your identity to be verified before you start trading. Here is a step by step guide to opening an account with Crypto Engine. Read our review of Bitcoin Trader if looking for an alternative. STEP ONE: Create a free account Visit Crypto Engine website and fill the registration form provided on the top right corner. You will need to fill your name as it appears on your government issued ID and a working phone number and email. As is expected, you will be asked to verify the email and phone number. The initial registration process only takes five minutes. Before we can look at the next step, it is worth noting that Crypto Engine handles users’ data with care. We have determined that they have all the necessary measures in place to ensure your safety. STEP TWO: Verify ID and current address Financial institutions across the globe are nowadays required to verify users’ identities before accepting deposits. This is in an effort to avoid financial crime including money laundering. Any broker that does not require users to verify identity should not be trusted. Identity verification with Crypto Engine brokers takes about an hour. This is great given that most brokers take up to 24 hours to verify IDs. Crypto Engine users may be asked to provide a recent utility bill to verify their current address. It is worth noting that you may be allowed to proceed without going through this process only to be asked to complete it later. Ensure that you submit your details truthfully to avoid inconveniences during live trading. STEP THREE: Deposit a minimum of $250 After ID verification, you can go ahead and make a minimum deposit of $250. Crypto Engine through its brokers accepts deposits through nearly all the major debit and credit cards. You can also deposit through Wire Transfer or e-wallets such as WebMoney, Neteller, and Skrill. Bitcoin and Ethereum wallets are also accepted. All deposits are free and reflect instantly in a user account. As mentioned earlier, Crypto Engine brokers are well regulated and hence users have a guarantee that their funds are safe. STEP FOUR: Trade with a demo account The demo account is for helping you get familiar with the live web-trader before real-time trading. Remember that a small mistake during live trading can result in significant losses. It is therefore highly recommended that you start with the demo. Crypto Engine Demo account has nearly all the features that you will find in the live account. We recommend that you use it to determine the level of risk per trade that works best for you. Risk per trade depends on your appetite. The higher the risk you take, the higher the potential reward. STEP FIVE: Adjust risk and Go live All you need to trade successfully with Crypto Engine is to toggle the live button and leave the robot to run unmonitored for at least 8 hours per day. You also need to adjust risk to fit your risk appetite. You can leave the risk settings at default if you are not sure. Crypto Engine is set risk of 10% per trade by default. This is the recommended level of risk for beginner traders. As mentioned above, the best amount to start with when trading with Crypto Engine is $250. While this bot has an alleged accuracy level of above 90%, it is not risk-free. Consequently, there is a possibility of losing your capital when using it. Avoid deposit a sum you cannot afford to lose. How to get the best out of Crypto Engine While Crypto Engine is fully auto, there are tips you can follow to get the best out of it. These include; Ensure that the robot is running unmonitored for at least 8 hours per day – Crypto Engine performs well when left to run for at least 8 hours in a day. Avoid keeping checking your account since this is likely to cause anxiety or excitement and hence tempt you to abort trading. Trade when Wall Street is awake – The best time to run Crypto Engine is when Wall Street is open. This is because the NYSE is the biggest driver of crypto volatility given the many related derivatives traded there. Wall Street time is UTC/GMT – 7 hours. Start small – As mentioned above, you should not invest more than $250 as a beginner. Starting small gives you the peace of mind to observe trends and determine when the bot is likely to perform better. Remember that Crypto Engine performs optimally during periods of high volatility Get a trading buddy – A trading buddy will help you stay focused and disciplined. You can share this review with close friends and form a trading club. Is Crypto Engine legit? The Verdict! InsideBitcoins investigation finds Crypto Engine to be legit and certainly worth a try. We can confirm that this robot is well-reviewed by users on TrustPilot and Forex Peace Army. Moreover, there is a lot of positive feedback on social media with most users reporting making great returns through it. The high alleged returns reported by this bot are justifiable through its trading technologies. As explained in this review, Crypto Engine relies on Artificial Intelligence technologies. These technologies are the best in trading and have a reputation for beating the markets. If you are still in doubt, we recommend that you read our Bitcoin robot/a> trading guide to understand how the high-frequency robot Bitcoin Code work. Visit Crypto Engine website through the link in the table below. Robot Rating Properties Trade 1 The best choice 88% Claimed Win Rate - Appears to be legit $/£ 250 Min Deposit Accepts Debit and Credit Card Trade Now Trade at your own risk. InsideBitcoins does not accept liability for any losses. FAQs Is Crypto Engine legit? Yes! This review confirms that Crypto Engine is trustworthy and worth a try. The robot has great reviews on TrustPilot among other independent review sites. How much can I earn with Crypto Engine? Crypto Engine has alleged profitability of up to 300% per day. We cannot promise a specific return given that performance depends on the current market conditions and risk settings. How much should I deposit with Crypto Engine? You need at least $250 to open an account with Crypto Engine. We recommend that you start with not more than this amount if you are a beginner. Can I withdraw from Crypto Engine? Yes! Crypto Engine allows users to withdraw their money whenever they feel like. There are no withdrawal limits or charges. You need to fill a request form for your withdrawal to be processed. All withdrawals are facilitated within five hours.