Digital Payday: Scam or Legit Trading Robot? Author: joe maurice Last Updated: 17 June 2020 Digital Payday is an investing robot that claims to help investors generate up to $5k per day in passive income. But is it a legit platform and can you make money with it? InsideBitcoins investigation can confirm that Digital Payday is a legit platform. User testimonials also reveal that many investors have are reporting average daily profits of $2000. Keep reading to learn more about Digital Payday and to get the most out of this platform. Robot Rating Properties Trade Now 1 The best choice 88% win rate $250 Deposit Not a scam Visit Site On this Page: Is Digital Payday Legit? The app claims it is possible to make huge profits with their software and traders report an average daily gain of $1500 Digital Payday operates in full transparency – they disclose about the founder, legal registration, and pricing mechanisms This trading robot generally has positive online reviews – most users report making profits consistently[/su_list Digital Payday is a reportedly a low risk, high return software that is said to help users generate returns by investing in digital ads. Some users claim they were able to generate huge returns through this robot. What we like most about Digital Payday is that it operates in full transparency. When it comes to customer service, this robot is among the best. Their customer care is ready to walk you through the setup process. The platform is easy to use and easily accessible in most countries. While it is currently offered for free, there is a high likelihood that users will have to pay a license fee in the future. According to the founder, there is a surge in demand which means that their resources are becoming constrained and they may not be able to offer it for free anymore. This bot operates in full transparency and has a generally positive online reputation. They also provide seamless deposit and withdrawal methods. Read our review of top Bitcoin Robot systems for alternative trading bots. What is Digital Payday? Digital Payday is a passive trading and investment app. This app applies sophisticated technologies to analyze the markets for information and place trades. The robot is fully automatic meaning that you do not need any trading experience to use it. InsideBitcoins investigation has determined that users have claimed to make $1500 per day in profits using this app. The people behind this app claim that it has the potential to generate up to $5000 per day. When you sign up with this robot, you are matched to a broker in your area. Digital Payday only partners with regulated, highly reputable brokers. The advantage of registering with a regulated broker is that you are assured that your deposit is protected. In algorithmic trading, brokers are responsible for handling deposits and facilitating trades. In most instances, the companies behind trading robots are usually not licensed to handle deposits. We have determined that the company behind this platform also offers other software products. Apart from trading algorithms, they also provide another piece of software engineered to allegedly make profits through online ads. However, the focus of this review is Digital Payday as a crypto and forex trading software. How does Digital Payday work? In general, top trading algorithms such as Digital Payday use cutting edge technologies such as AI and ML to make trading decisions. AI-Powered algorithms have the power to do both the technical and fundamental analysis. Technical analysis involves the analysis of quantitative data including trading charts. Fundamental analysis, on the other hand, consists of an analysis of qualitative data including news. In news trading, the algorithm reads the news as they emerge and places the corresponding trades. These algorithms can identify whether the news is from legit sources. When compared to humans, computer algorithms allegedly tend to be more accurate. This is because they can analyze big data fast and execute trades automatically. In trading, accuracy and speed are the two most important factors. Top trading robots such as Digital Payday have a reported accuracy level of above 99%. Digital Payday applies AI-powered algorithms to the crypto and forex markets. The software claims to capitalize on every trading opportunity in the market hence their high claimed profitability. Additionally, it uses a trading technique known as high-frequency trading. This technique involves the computer algorithms placing a large number of orders in a fraction of a second. Furthermore, Digital Payday provides leverage hence making it possible for traders to allegedly make huge profits with an investment as little as $250. Who Founded Digital Payday? Digital Payday was founded by Daniel Bluth, a renowned software developer, and self-made internet entrepreneur. Bluth is a firm believer of passive investment and has invested in various systems including the Digital Payday trader and the online ad system. He is a self-taught crypto and forex trader with a proven track record of success over the years. Bluth claims to have developed the Digital Payday trading robot with the help of several trading gurus and software developers. According to Bluth, the app is meant to help ordinary people make a passive investment from trading. As mentioned earlier, this robot is made for everyone, including complete beginners. All you need to do when trading with it is to open and close trading sessions. The same case applies to all other products under the Digital Payday portfolio. For instance, for online ads software, the only thing that investors have to do is to set up the software as explained in the guide. You can learn more about the Digital Payday support team on their website. Visit their website to explore the available passive investment options. Keep reading to learn more about Digital Payday. How to open an account with Digital Payday The account creation process with this robot is a simple one. All you need to do is to fill a registration form on their website. After filling the online form, you will be redirected to a deposit page. Once you make a deposit, you will be prompted to select your preferred broker. You will then be redirected to a demo trading platform and then live trading. InsideBitcoins looks at various factors when determining a good sign up process. These include safety, ease of use, and transparency. Here is a step by step guide to trading the Digital Payday robot. Step 1: Sign up The first step to signing up with this robot is to fill the registration form provided on their website. The process is easy and fully secure. Digital Payday does not collect unnecessary personal information. You will only be required to provide your full name, email and phone number. Scam trading robots tend to ask for a lot of unnecessary details because they sell the data to other scammers. InsideBitcoins has also determined that Digital Payday website and trading platform is highly secure. These platforms are secured by Secure Socket Layer (SSL). This means that any data that passes through them goes through encryption. A website or trading platform that does not encrypt data makes it possible for hackers to copy it. This means that users’ data including billing details can be stolen and used against them. We have also determined that Digital Payday has proper measures in place to safeguard users’ data. When it comes to safe password practices, the Digital Payday platform is set only to accept strong passwords. Users are also encouraged not to re-use passwords. This is a critical measure given that at least 81% of data breaches begin with hacked passwords. Step 2: Deposit After account creation, users must make a minimum deposit of $250 to start trading. It is important to note that the deposit is the trading capital and not the cost of the app. Digital Payday is free. However, you may have to pay a little commission on the profits you make through the app. There is a high likelihood that the robot may charge a license fee in the future. The app is currently free and on pilot testing. This is, therefore, the best time to try it. Digital Payday accepts deposits through Bitcoin, Visa, Master Card, Maestro, WebMoney, Skrill, and many others. The underlying broker may accept other deposit methods. InsideBitcoins investigation has revealed that it takes less than 12 hours for funds to reflect in the client’s account. Most trading platforms take up to 48 hours to facilitate transactions. Step 3: Select a broker The next step after making a deposit is selecting a broker. As mentioned earlier, the role of the broker is to facilitate trades. We can confirm that Digital Payday only partners with regulated brokers. This means that your deposit remains safe even in the unlikely event of Digital Payday going bankrupt. It is important to note that Digital Payday is not open to traders in areas without a partner broker. This ensures that all traders that signup with them are assured of deposit protection. Step 4: Demo Trading After making the deposit, you can now access the demo and live trading platform. Digital Payday provides a fully functional demo account. However, traders should not take the results they receive in demo trading as reflective of what to expect in live trading. The demo platform is to help you familiarize with the features in their web-trader. Digital Payday also provides additional resources to help users navigate their platform. Step 5: Live Trading The Digital Payday live trading platform trades automatically. This means that computer algorithms carry out all the research and trading. Read our Bitcoin Profit review if you are looking for a semi-automated trading robot. As mentioned earlier, your role when trading with this robot is to open and close trades. This should take less than three minutes. Digital Payday recommends that traders monitor their account for at least 20 minutes per day. InsideBitcoins recommends that you check your account at least three times per day. Their web-trader is easily accessible through mobile, so this should not be a challenge. Always harvest your profits as soon as possible. Also, ensure that you close trading sessions at the end of the day. Leaving positions overnight may result in some charges. There is also a likelihood that the markets may open lower hence incurring losses. Digital Payday: Key Features Payouts Payouts Digital Payday claims to guarantee investors a profit of up to $5000 per day from an investment of less than $1000. User testimonials report that many have made an average of $1000 per day from an investment as little as $250. Verification System Verification System Digital Payday's verification process is simple and highly secure. All you need to verify is your email and phone number. The whole process takes less than two minutes. Withdrawal Process Withdrawal Process Digital Payday allows traders to withdraw their money whenever they want. Our investigation reveals that it takes less than 24 hours from withdrawal for funds to reflect in the client’s account. Digital Payday does not charge any deposit and withdrawal fees. Cost/Fees Costs/fees This robot does not charge any license fees. However, traders may pay a little commission on the profits they generate through the app. There is also a high likelihood that the robot will start charging a license fee soon. It, therefore, goes without saying that this is the best time to try it. User Testimonials User Testimonials Digital Payday has a generally positive online sentiment. Most people who have tried it report making consistent profits. Customer Service Customer Service Digital Payday provides excellent customer services. Our live test shows that it takes less than a minute to connect to Digital Payday customer care through phone and live chat. Emails may take up to 24 hours. Brokers Brokers As mentioned earlier, Digital Payday only partners with regulated brokers. Our investigation reveals that these brokers are highly reputable. Is Digital Payday Legit? The Verdict! Digital Payday is a legit trading platform that is working and real. The majority of people who have tried this robot report an average profit of $1500 per day from an investment as little as $250. If you want to try it for yourself, we suggest that you start small and only add capital when you are comfortable with their platform to limit loss of capital. Robot Rating Properties Trade Now 1 The best choice 88% win rate $250 Deposit Not a scam Visit Site Remember that all investment opportunities carry a certain risk. This especially applies to cryptocurrencies, which are still relatively young in the financial markets. FAQs Is Digital Payday legit? Digital Payday appears to be a legit platform and not a scam. How much should I invest with Digital Payday? The minimum amount required to trade with Digital Payday is $250. We recommend that you start with this amount and add capital as you get comfortable with the platform. How much can I make with Digital Payday? People who have tried this robot report making a daily profit of up to $5k. The majority report an average daily income of $1500.