One Bitcoin a Day: Scam or Legit Trading Platform?

One Bitcoin a Day: Scam or Legit Trading Platform?
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One-Bitcoin-a-Day is a trading app that claims to help investors make huge profits from bitcoin trading. The app is based on powerful computer algorithms that scan the bitcoin markets for trading opportunities and capitalize on them. Justin Hagan, the founder of this trading app, alleges that it can generate as high as $200,000 per month. But is One-Bitcoin-a-Day a scam or legit trading tool?

InsideBitcoins has carried out tests to determine the legitimacy of this bitcoin trading algorithm and will present the results in this review. Read our main bitcoin robot page to learn more about our rating criteria and alternative robots that ranks higher than One-Bitcoin-a-day.

Is One-Bitcoin-a-Day a Legit trading app? Yes!

  • InsideBitcoins finds One-Bitcoin-a-Day to be trustworthy with a score of 75%.
  • This bitcoin trading robot scores average in regard to positive online reviews.
  • We found their trading platforms to be highly intuitive and but less accurate with a score of 77%.
  • They also score slightly above average in regard to transparency and customer service.
  • InsideBitcoins concludes that this trading robot is legitimate but highly risky

InsideBitcoins determines a legit trading robot by testing its platforms and by analyzing online reviews from users with hands-on experience. Our tests reveal that One-Bitcoin-a-Day platform delivers results and their customer service is always ready to help. In regard to online reviews, this trading robot scores above average with most reviewers reporting a positive experience.

What is One-Bitcoin-a-Day?

As mentioned earlier, One-Bitcoin-a-Day is a crypto trading robot that helps traders make at least one bitcoin per day. The robot relies on sophisticated computer algorithms to analyze the crypto markets for trading insights and automatically implement them.

The claim that this crypto trader can help traders make a bitcoin per day with an investment of as little as $250 has always earned it a backlash from critics. While we cannot guarantee the truthfulness of this claim, we can confidently say that One-Bitcoin-a-Day presents an opportunity for crypto traders to make a great return on investment.

Our test reveals that the algorithms used in this app are powerful enough to detect the slightest movements in the crypto markets and make corresponding trades. However, it can at times be wrong leading to magnified losses. While this is highly unlikely, InsideBitcoins recommends that you take extra precaution when trading with this robot.

As a rule of thumb, only invest an amount you can afford to lose and also withdrawal your profits as soon as they are generated. It is also advisable that you do not leave trading sessions open for more than 12 hours.

Who Founded One-Bitcoin-a-Day?

One-Bitcoin-a-Day was founded by Justin Hagan, a crypto investor, and self-proclaimed billionaire. Hagan claims to have been in the crypto industry for over eight years now and knows the tricks to astronomical profits through crypto trading. He has also allegedly been featured on Forbes list of top 300 world richest people.

InsideBitcoins has determined that Justin Hagan is a real person but did not find evidence on Forbes appearance and his crypto trading success claims.

However, this is not enough reason to doubt the trading platform given that it has scored considerably well in our tests and most users seem satisfied with it as is evident with the many positive reviews. Justin Hagan has made a lot of explainer videos on the concept behind the trading algorithm which is a big plus in our legitimacy test.

How does One-Bitcoin-a-Day work?

As mentioned earlier, One-Bitcoin-a-Day relies on sophisticated computer algorithms to scan the crypto markets for trading opportunities and place corresponding bets. This makes it possible to make money whether the markets are going up or down. Trading algorithms derive insights from big data which dramatically improves the accuracy of their trading decisions. The accuracy level for One-Bitcoin-a-day is above 90% which implies that out of every ten decisions that the app makes, at least nine are accurate. Human traders are estimated to have an accuracy level of below 50%.

Another thing worth noting is that trading algorithms are able to do the research and make trading decisions within a split of a second. This makes it possible to capitalize on every opportunity that comes by. In forex and stock trading, this approach is known as high-frequency trading and has a reputation for producing millionaires out of ordinary traders.

One-Bitcoin-a-Day applies the strategies used in high-frequency trading to identify and capitalize on trading opportunities in the crypto market. The app is powered by powerful algorithms inspired by proven crypto-trading strategies. It is important to note that One-Bitcoin-a-Day is made to trade automatically which means that a trader does not need any prior crypto trading experience to use it.

Read our review of Bitcoin Loophole if you are looking for a trading robot that supports both manual and automated trading.

How to place a trade on One-Bitcoin-a-Day

One-Bitcoin-a-Day does not require any technical expertise to use meaning that it is fit for both beginner and experienced traders. Users are required to create an account and make a deposit to start trading with this app. One-Bitcoin-a-Day does not offer any demo trading.

While a demo trader may not be necessary with many traders, some may prefer to get a feel of the platform before live trading. Read our review of Bitcoin Code if you are looking for a trading app that offers a demo account.

One-Bitcoin-a-Day signup process.

InsideBitcoins determines a great signup process by the amount of client personal data collected and how the robot in question uses and safeguards this data. A reputable trading robot should only correct relevant data and should have measures in place to safeguard this data. Likewise, clients should be able to choose whether they want to receive unsolicited offers or not.

One-Bitcoin-a-Day signup process requires only the name, phone number, and email address of the client.  Their website is SSL secured which means that all data submitted through it is encrypted and therefore out of reach of hackers. We also found their password policy to be strong enough which another big plus.

The only downside is that One-Bitcoin-a-Day does not provide an option to opt in or out of mailing list. We did receive unsolicited offers hours after signing up which implies that they do not use the contact details given for the intended purpose only.

The account creation process involves filling in details in a form provided on their homepage and creating a password. One-Bitcoin-a-Day is only available in select countries. Try the signup process here to determine if this robot is available in your country.

Does this trading robot offer a demo account?

As mentioned earlier, One-Bitcoin-a-Day does not offer a demo trading account. However, this is not a big deal in automated trading given that the app does all the researching and trading. When trading with One-Bitcoin-a-Day, all you are required to do is to open and close trading sessions. This trading robot comes with manuals and videos to guide you through the process.

Read our review of Cryptosoft if you are looking for a trading robot that offers a demo account.

Deposits & Withdrawal

One-Bitcoin-a-Day requires a minimum deposit of $250 to start trading. You can make deposits through Visa, Master Card, Wire Transfer, Neteller, Maestro, Skrill, WePay, and WebMoney. InsideBitcoins provides sufficient deposit and withdrawal methods when compared to other trading robots in the same category.

When it comes to transactions time, both deposits and withdrawals take less than 24 hours to reflect in a client’s account. Most leading trading robots do not take more than 24 hours to facilitate transactions. One-Bitcoin-a-Day also does not charge any transaction fees.

Live Trading.

Clients are only able to access the trading platform after making a deposit of $250. InsideBitcoins has determined that the One-Bitcoin-a-Day trading app is fast and highly intuitive. The trading app comes with guides to help traders navigate through. However, we did find a few complaints about the platform being hard to navigate for beginner traders.

When it comes to set up, traders must specify their strategies of choice and also the trading sessions. The app then applies the strategies automatically in the client’s trading account.  Clients have a choice to either harvest or reinvest their profits.

InsideBitcoins recommends that you keep monitoring your account and withdrawal profits as soon as you make them. Also, avoid leaving trading sessions open for long without any monitoring since this is likely to lead to losses. Most bitcoin trading robots require less than 20 minutes of monitoring per day.

Trading with One-Bitcoin-a-Day is riskier than other trading robots given the aggressive strategies applied and the level of accuracy recorded. As mentioned earlier, this trading robot has a 90% accuracy level which is lower than what most top trading robots record. Read our review of Bitcoin Profit if you are looking for a trading robot with a lower risk.

Advantages of using One-Bitcoin-a-Day.

One-Bitcoin-a-Day scores average in regard to accuracy, transparency, and professionalism. InsideBitcoins legitimacy scoring system takes into account the abovementioned metrics to determine trustworthy trading robots.  Read our top Bitcoin Robot list for 2019 if you are looking for trading robots that are already well established. In a nutshell, the following are the advantages of trading with One-Bitcoin-a-Day.

  • Legitimacy score of 75% – One-Bitcoin-a-Day scores above average in our legitimacy test. This is a good score but not among the best.
  • Proven trading technology – One-Bitcoin-a-Day trading platform scores above average in terms of ease of use and accuracy.
  • Above average customer service – InsideBitcoins has determined that it takes a few minutes to connect with an agent through online chats.
  • Free trading app – One-Bitcoin-a-Day is a free trading app. You only pay a small commission on the profits generated by the app.
  • Money back guarantee – One-Bitcoin-a-Day promises to refund deposits for traders who may change their mind before jumping into live trading.
There are many other reliable robots you can trade with. Visit our bitcoin robot page to see what they are.

These are the best crypto robots:

How much can you make with One-Bitcoin-a-Day?

As the name suggests, One-Bitcoin-a-Day aims to help investors make one Bitcoin per day. However, earnings depend on the invested capital. This implies that you can make more or less depending on your trading account balance. Most testimonials on their website show that a trader with a moderate investment makes somewhere between $1300 and $1500 per day. As mentioned earlier, trading with One-Bitcoin-a-Day involves significant risk and therefore it is not possible to predict what a given trader can make in a given day. If you choose to trade with this robot, keep monitoring your account and withdraw profits as soon as they are made. Also, avoid leaving trades open overnight.

One-Bitcoin-a-Day Review: The Verdict!

Even though not among the best, One-Bitcoin-a-Day can be considered a legitimate trading platform. InsideBitcoins rates this robot above average in regard to accuracy, transparency, and professionalism.

While we can confirm that there is a likelihood of making great returns with this app, we find it risky and therefore not fit for all traders. The alternative trading robots mentioned in this post are therefore the best option for risk-averse traders.

If you choose to trade with One-Bitcoin-a-Day, InsideBitcoins recommends that you keep monitoring your account and harvest profits as soon as they are generated.

FAQ.

Is One-Bitcoin-a-Day Legit?

One-Bitcoin-a-Day is a legit trading robot but a bit risky in comparison to other trading robots. We recommend that you read our top bitcoin robots list for 2019.

How much can I make with One-Bitcoin-a-Day?

As the name suggests, One-Bitcoin-a-Day aims to help traders make one bitcoin per day. We did not find evidence that traders were making this consistently. 

How much should I invest with One-Bitcoin-a-Day?

If you decide to trade with this app, we recommend that you start with a small investment and only upgrade your account once you are comfortable with their trading platforms. We cannot stress enough on the need to compare this robot with the alternatives presented in our review and go for the one with a higher reputation. 

Is One-Bitcoin-a-Day regulated?

No! One-Bitcoin-a-Day is just but a trading software. The underlying broker is the one that should be regulated. There are rumors that the broker behind this trading app is not under any regulator.

How much does One-Bitcoin-a-Day cost?

One Bitcoin a Day is a free trading app. However, you will have to pay a commission on the amount you make through this app. Brokerage fees may also apply. 

 

32 thoughts on “One Bitcoin a Day: Scam or Legit Trading Platform?

  1. I am about to begin crypto trading. I have chosen this robot to start my crypto trading, and I am going to invest all of my saving to gain more profit. Is there a way to find out when the robot will give highest returns?

    1. Hello Netlaie, we would not recommend you to deposit your savings all at once on any crypto bot. If you are a beginner, we would recommend you to start with a small investment and increase it once you have gained some experience.

  2. I am using this robot for a long time and I have collected a lot of amount. It is a good robot and gives you handsome returns. Now I am thinking to start on another platform that also provides you similar return. Is there a robot legit like One-Bitcoin-A-Day?

    1. Hello Alex32, One Bitcoin A day uses top-class predictive algorithms to determine the future performance of a cryptocurrency. This information is used to assist users in making beneficial trading decisions.

  3. I like this robot. Its legit and the returns are pretty awesome. I wonder if there is any other robot legit and accurate like this one. How much should I invest in the beginning if I start on another robot?

    1. Hello Juliette, One Bitcoin A Day offers a number of payment methods for you to choose from when depositing your money into the crypto bot. So, go with what you are more comfortable with. You can use bank transfer, credit/debit cards, and even PayPal to deposit money into the crypto bot.

    1. Hello Laila48, we are happy to hear that you are doing so well on One Bitcoin A Day. If you think you have gained enough experience, we would recommend you to diversify your investment by investing in other legit robots like Bitcoin Trader and Ethereum Code.

    1. Hello Hdg958, out thoughts exactly. One Bitcoin A Day generatd great profits on our initial investment and it passed our tests with flying colors.

  4. I am little worried about my investment. Is the software secure enough to protect malicious attacks and defend against hackers?

    1. Hello Sloan89, we would like to assure you that One Bitcoin A Day uses cutting edge technology to protect its servers from hackers and its IT Security team is always working on strengthening the system even more.

    1. Hello Fds435, we are glad to hear that you are doing good with One Bitcoin A Day. If you feel like you have gained ample experience in this type of trading, we would recommend you to increase your investment for even larger profits.

    1. Hello Remi54, to make this much amount in a day, you will have to invest a lot of money. However, we would recommend you to start with a small investment of $250 if you are a beginner. This will allow you to learn the basics of crypto trading with minimal risks involved in the process.

  5. I invested $250 at first and then when I started trading I realized that this software actually WORKS! I invested more and I’ve now made $400 profits. This software also has an easy withdrawal system so your profits will arrive to your account with no hassles. what is the best cryptocurrency to trade with the one-bitcoin-a-day? is it really possible to earn a bitcoin in a day?

    1. Hello Rebecca, One Bitcoin A Day trades in pairs of Bitcoins which are the most suitable on this platform. There is a chance that you will be able to earn a Bitcoin in a day but it is difficult to predict as it is completely dependent on the robot’s algorithm and your investment.

    1. Hello David66, we are happy to hear that you are doing well on One Bitcoin A Day. This robot is one of our favorite crypto bots and a lot of our viewers are enjoying great income because of it.

  6. Is the customer service of this software that good? how much do you think you can make on a daily basis? I’ve already made $200 in 3 days so I’m quite happy!

    1. Hello Sharon, One-bitcoin-a-day is legit and they provide great customer service and welcome the customers warmly if they need any assistance. We advise you to start slow and gain some experience in crypto trading and then increase your investment to ensure greater profits.

  7. A friend of mine said, life is all about trial and error and I believed it. Nothing comes without a risk attached to it.

    The one-bitcoin-a-day is a great investment. You don’t need to worry about loosing your money because I have tested it and I know that it is very legit.

    What is the best way to trade with the one-bitcoin-a-day for someone experienced like me?

    A very big thank you to the owners of this website, continue to keep us updated.

    1. Hello Kevin, we would recommend that you start slow on the crypto robot and keep increasing your investment once you have gotten experience in crypto trading. One Bitcon a Day only uses trading parirs of Bitcoin.

  8. For the business oriented individuals looking for a way to make better income than that regular money you get from work, one-bitcoin-a-day software is very good. This robot is legit and if you can trade well on it you will be able to make a lot of cash in no time.

    The one bitcoin a day software is not a scam, it is profitable. However, every great investment has risks associated with it so you have to be wise in your dealing.

    How much can I make with this software roughly?

    1. Hello Paulo, the best way to invest with One Bitcoin a Day is to start small and test out the waters. When you realize that the market is rising, the robot will accurately notify you and you can place larger investments then. The robot is highly safe and secure.

    1. Hello Elise95, we are happy to hear that our guide was informative and helpful for you. In case of any question, feel free to comment on our guides or contact us via email.

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