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Bitcoin Champion is a high-end automated trading robot designed specifically to trade Bitcoin (BTC). According to the developers, it is one of the leading trading robots. The creators claim that the bot is based on a platform built on advanced Artificial Intelligence algorithms.
One of the hallmarks of the cryptocurrency market is that it is highly volatile. It is characterised by massive price movements in both directions at short intervals. Due to these rapid fluctuations, it is difficult to trade Bitcoin and other cryptocurrencies manually. Bitcoin Champion claims that its accurate algorithms can analyse the market automatically and help to generate profits for the users.
About Bitcoin Champion Platform / Software
Bitcoin Champion is an automated trading platform that is said to be driven by Artificial Intelligence-based technologies. Reportedly, the developers have been working on the platform since 2016 and claim that it provides unparalleled trading services to its users. The platform claims to have an 88% winning rate, but we feel that it is difficult to replicate this success rate unless you have a great deal of experience and higher trading capital. According to the developers, Bitcoin Champion was selected as the top-performing auto-trading platform of 2020 by the Association of Auto-traders (UAA) in the UK.
Bitcoin Champion uses brokers to manage and execute transactions on behalf of its users. The software is allegedly powered by Machine Learning, Blockchain, Natural Language Processing, Artificial Intelligence and Deep Learning.
Bitcoin Champion claims that artificial intelligence robots improve trading accuracy while blockchain technology ensures transparency in the process. Bitcoin Champion allows users to trade Bitcoin against a basket of other cryptocurrencies including Ethereum, Litecoin, EOS, Bitcoin Cash, Dash and Monero.
The software claims to detect trading pairs with the most significant potential automatically and trades them. As such, traders don't have to worry about making the wrong moves in trading.
Reportedly, the Bitcoin Champion brokers abide by high-level regulatory standards. They are regulated by entities such as the Australian Securities and Investments Commission (ASIC), the UK Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC). These regulatory bodies ensure traders are protected in case Bitcoin Champion or the broker goes bankrupt.
Reportedly, the massive profits are generated because of the high leverage the software uses. It allows trading with a leverage of up to 1:5000, which is why it allegedly makes over 300% in profit for a simple trade of $250 but for a new trader, it is best not to use too much leverage initially as cryptocurrency trading comes with a high risk.
As stated earlier, the software is said to be fully automated and doesn't require the user to have any special trading skills to use it. The bot handles the transactions for numerous hours a day and reportedly earns massive profits for the users.
Founder and Team
Bitcoin Champion is reportedly the brainchild of Steve Higgins, who founded it in 2017. Higgins claims to be a cryptocurrency trading champion who made millions while trading and investing in cryptocurrencies. Hence, he claims to be popular within the cryptocurrency space.
According to Higgins, Bitcoin Champion was created to help ordinary people leverage the massive money-making opportunities in the Bitcoin market. Higgins currently heads the Bitcoin Champion team and ensures that the platform performs at the highest level expected. The team of computer scientists at Bitcoin Champion worked to bring their ideas to fruition and created a platform that provides trading services to both experts and novice traders. They claim to have created the most accurate trading algorithm in the cryptocurrency market, and reportedly, it is generating profits for the users every day.
Pros and Cons
Auto Trading Guide
To trade Bitcoin with the Bitcoin Champion software, follow these steps:
STEP 1: Open a Free Account
To start using the Bitcoin Champion software, visit the official homepage and complete the short application form available on the site. Insert accurate details and submit the form. Bitcoin Champion activates the account within a few minutes, granting you access to the software. Proceed to verify your ID according to the requirements of the brokers.
STEP 2: Deposit Funds
After activating the Bitcoin Champion account, you cannot trade with an empty account. You will need to deposit capital into the Bitcoin Champion account. The minimum deposit sum is $100. With the deposited capital, Bitcoin Champion will supposedly start trading the Bitcoin on your behalf and start earning profits for you.
STEP 3: Start Trading
Funding the Bitcoin Champion account is the last step to take before the software starts trading for you. Bitcoin Champion will prompt you to select your preferred trading parameters. Activate the auto-trading feature, and the Bitcoin Champion app will supposedly start executing Bitcoin trades on your behalf. You may withdraw the profits afterwards.
Unique Selling Points of Bitcoin Champion
This review section will look at some of the unique selling points of the Bitcoin Champion robot. These features set it apart from the other Bitcoin trading robots.
1. Trading features
Bitcoin Champion reportedly supports both manual and automated trading options. With the auto mode, Bitcoin Champion executes the trades for you after carrying out market analysis. In the auto mode, the robot scans the market, conducts market analysis and executes the trades without any manual interference. Hence, this could be a good feature for novice trades. With the manual trading mode, you can execute any of the trading signals generated by the software. This allegedly gives you a certain level of control, and it is a good option for expert traders.
2. Demo Account
Bitcoin Champion offers a demo trading account to allow users to test the advanced algorithm using virtual funds. The advanced algorithm is tested against real-market price action to see how it performs. Using the demo account is an excellent opportunity to learn how the Bitcoin Champion works and find new trading strategies that could help you potentially boost your profits. Since the demo account doesn't involve real money, you can take a few risks to understand how the platform works and discover new trading strategies.
3. Success / Win Rate
The automated trading mode of the Bitcoin Champion means that it could gather more data and analyse it faster than a manual trader. Reportedly, the software potentially combs through a huge amount of market data to conduct fundamental and technical analysis. It can identify potentially lucrative opportunities in the market. Hence, the reason why the developers claim Bitcoin Champion has a success rate of over 88%. The massive profits generated by the software could be due to the automated trading mode it offers.
4. Cryptocurrencies on Bitcoin Champion
Although Bitcoin's name is attached to the software, Bitcoin Champion trades more than just BTC. It also allows trading in other cryptocurrencies including Litecoin (LTC), EOS, Ethereum (ETH), Monero (XMR), Bitcoin Cash (BCH) and Dash (DASH). Support for more cryptocurrencies enables Bitcoin Champion to offer more liquidity, and the rapid price fluctuations could result in higher profits for some users.
5. Software customisation
Another good selling point of the Bitcoin Champion is that it allows customisation of its trading parameters. The app is easily customisable, providing users with various trading parameters to choose from. The user can easily tailor the app to align with their risk level and trading goals. Novice traders can set the level of automation they desire while expert traders can choose the manual option, giving them more control over the app's performance.
How to Maximise Your Profits
As a trading robot, there are specific steps you can take to potentially increase your profit while trading Bitcoin and other cryptocurrencies with the Bitcoin Champion software. These steps are:
Bitcoin Champion allows you to deposit more than $100, but it is best to start small. No matter how confident a trader may be about a business venture, it is always best to start small before expanding. Hence, start with the $100 minimum deposit.
Save some profits
If the Bitcoin Champion trades and generates profits for you, then the best thing to do is to save some profits to reinvest. This will allow a trader to increase the working capital without using personal savings.
Follow the advice of experts
Finally, some people have successfully made fortunes trading Bitcoin and other cryptocurrencies. New traders could follow their financial advice and, if possible, apply it while trading with the Bitcoin Champion software.
Endorsements and Opinions about Bitcoin Champion
Social media rumours are linking the Bitcoin Champion software with some reality TV shows. The developers were said to have pitched their robot to the famous Shark Tank (US) and Dragons Den (UK) shows. However, none of that is true. Bitcoin Champion hasn't appeared in any of those shows, and it isn't linked with any popular celebrity. However, that doesn't mean that the Bitcoin Champion couldn't be a legit auto-trading software. There are several successful products out there in the market that aren't linked with any TV show or celebrity.
Final Thoughts on Bitcoin Champion: Is it a legit option to make money?
Bitcoin Champion claims to be one of the leading automated trading robots in the cryptocurrency space. The software allegedly carries market analysis for the users and executes trades on their behalf after identifying potentially profitable trading opportunities. Bitcoin Champion offers both automated and manual trading modes, is easily customisable and offers a demo account to help a new trader learn various trading strategies. However, just like any other investment, trading cryptocurrencies comes with its risks. The volatile nature of the crypto market means that a new trader can earn massive profits or record substantial losses almost instantly. Hence, we advise learning all you can about cryptocurrency trading and follow the news to improve your chances of success.
Frequently asked questions
Bitcoin Champion is a robot trading app, which means it handles most of the trading activities in an automated manner. The user is restricted to 20 minutes of work per day, setting up the trading parameters. The Bitcoin Champion software takes over from there and trades the cryptocurrencies as per the parameters decided by the user.
It is impossible to set an earnings limit when trading cryptocurrencies. The market is highly volatile, and as such, a trader can lose his/her money. The amount of money made by trading with Bitcoin Champion will depend on the experience level of the trader and the deposit capital.
There are several reports, reviews and articles online supporting the Bitcoin Champion robot. Bitcoin Champion also reportedly works with reputable and regulated brokers.
Steve Higgins claims to be the creator of the Bitcoin Champion software. He is joined by a team of expert traders and software engineers who have reportedly created the Bitcoin Champion software.
According to the Bitcoin Champion official website, using the software to trade Bitcoin and other cryptocurrencies doesn't cost a dime. Traders only need to register, fund the trading account and can start using the software immediately afterwards.