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With the rising popularity of crypto trading, there has been a proportional increase in various automated trading bots that assure users of a reliable income source by trading in the cryptocurrency markets. We have seen several reports that investors who use Bitcoin Superstar are making thousands of dollars every day. The trading platform also promises on the website to make its users the next millionaires.
But many of our readers are still looking for a reliable source of information to verify the claims given that numerous scams have also emerged in the recent few years, offering extraordinarily high daily profits. In this Bitcoin Superstar review, we analyse the reliability of the trading robot’s features and show new users how to register and conduct profit trading.
About Bitcoin Superstar Platform / Software
Bitcoin Superstar is a high-frequency, automated trading system that analyses crypto markets and delivers market insights that investors need to involve in profit trading.
The automated trading platform uses smart algorithms that the designer coded based on crypto trading strategies such as short selling, which involves profit trading on falling prices. Bitcoin Superstar also relies on Machine Learning (ML), which is a subset of Artificial Intelligence (AI), and Natural language processing (NLP).
This trading bot claims to deliver an accuracy score of 99.4%. We, however, believe that the figure is too high and going by other similar robots, the accuracy level is not as high as made to appear.
Bitcoin Superstar Founder & Team
According to some external sources, most of it online, Conrad Atherton created Bitcoin Superstar in 2015. Conrad is an expert in cryptocurrency and software. He must have leveraged his expertise and others’ skills to develop an optimal trading platform that has been influencing crypto markets since its inception.
Pros and Cons
To get started with Bitcoin Superstar, you need to follow these three steps:
1. Open a Free Account
You should visit Bitcoin Superstar and register for a demo trading account by providing your name, phone number and email address. Be sure you create a strong password. Also, provide your ID copy and utility bill when the system prompts you to verify your account.
2. Make a Deposit
Deposit the minimum capital of $250 to activate your Bitcoin Superstar account and start trading. The trading platform offers many payment methods, including Visa, Mastercard, Wire transfer, WebMoney, a Bitcoin wallet and Skrill. Remember, the robot will not charge you any deposit fee.
3. Start Trading
When you are set to start auto trading, set up your live account, and then proceed. The process involves clicking the activate button. If you need more help with setting up your live sessions, consult the trading guide.
5 Unique Selling Points of Bitcoin Superstar
1. Trading Features
The automated trading software will take you to their suitable broker’s page. The brokers provide leverage, facilitate transactions and execute the orders. We discovered during our review that the platform only works with reputable and regulated brokers. The algorithm analyses a lot of data and information in the cryptocurrency market and generates ideas that can make it easier to conduct profit trading.
2. Demo Account
We registered a new account and verified our identity. However, instead of depositing real money, we clicked the demo account icon and began to trade. We were pleased to learn that the software is easy to use. After setting the trading limits, we waited for the trade results.
The platform closed three deals, and we closed the session to complete this review. We concluded that the demo account provides a valuable resource any new user can look out for when starting out their crypto robot trading adventure. The experience was smooth, with it likely a reflection of the real account.
3. Success / Win Rate
The platform promises a high win rate of about 99%. However, we feel this is a bit on the higher side and the success rate is also determined by the level of experience of the user and the amount of capital deployed. Most platforms claim a high success rate but an ordinary user is likely to experience a lower success rate initially.
4. Cryptocurrencies on Bitcoin Superstar
5. Cost & Fees
The withdrawals are free. The account opening verification also costs nothing. Bitcoin Superstar only charges a small fee per successful trade to reward its regulated brokers and ensure that the trading robots keep performing as desired.
Other Cryptocurrency Robots
How to Maximise Your Profits
Follow the below-mentioned strategies to ensure proper risk management and to earn higher profits.
It is always wise to start with the minimum possible amount especially if you are an inexperienced trader. There is a learning curve involved with every trading platform and you should take some time to familiarise yourself with the platform before deciding to invest a huge amount of capital.
Keep a Record for Tax Purposes
Most countries are coming up with crypto tax regulations. Please keep a detailed record of all crypto transactions in order to file taxes easily. Avoiding taxes can result in huge penalties.
Only Invest What You Can Afford to Lose
Bitcoin Superstar claims that most of its users earn more than $1,100 daily profits. User testimonials show that an investor can earn between $800 and $5,000 daily.
While these are impressive figures, they might not apply to every other trade and user. Also, it's good to note that some of the reviews and testimonials could be fictitious and thus misleading. Therefore, one can expect to make some money executing automatic trades using Bitcoin Superstar but one cannot expect to become an instant millionaire, as traders will know, every deal has two parts to it: profit or loss. So do not invest higher amounts initially or you may lose your entire capital.
Endorsements & Opinions About Bitcoin Superstar
There has been a lot of speculation online that Bitcoin Superstar was featured on international television shows such as Dragons’ Den and Shark Tank. We investigated these rumours claims to find out if it was true. There is no evidence to support such claims and Bitcoin Superstar has never been featured on these shows.
Similar claims of endorsement by celebrities have also found support in online forums. There have been claims that Jay-Z and Mark Cuban have voiced support for the trading bot. However, we could not find any evidence to support these claims and Bitcoin Superstar has not been endorsed by any celebrity so far.
However, the bot can help traders to earn some passive income without investing a lot of time on manual trades.
Final Thoughts on Bitcoin Superstar: Is It a Legit Option to Make Money?
Many Bitcoin traders who are more familiar with manual trades than auto trades are often sceptical of all automated trading systems. That is the reason some are yet to agree that Bitcoin Superstar is legit. But one has to bear in mind that users need to have some knowledge of how crypto trading works to be able to earn regular profits.
Our review also discovered that users on different external platforms claim that Bitcoin Superstar has helped them verify their trading signals. Even though we also value the positive testimonials on the Bitcoin Superstar website, where several verified members claim they made huge profits in about two-three months, our team considers that the external reviews and testimonials offer a more credible account. We have no evidence that one cannot earn huge profits in 60 days, but such claims seem too good to be true. Overall, we can agree that you could use the trading robot to verify your trading signals and execute profitable trades.
We also consider that Bitcoin Superstar is legit since it partners with regulated brokers. These experts understand the ins-and-outs of the cryptocurrency markets. Besides, these partners need to abide by a strict code of conduct and regulatory scrutiny. What this means is that while the identity of the specific broker may not be apparent, the assumption is that bringing many players into the court helps reduce the chances of the platform becoming a scam.
Frequently Asked Questions
Many reviews have pointed out that Bitcoin Superstar is a legit crypto trading robot. The trading platform also works with many brokers and offers its users an easy option to trade the crypto markets. The investor also needs to verify identity before the account is approved.
Yes, although many people think that Bitcoin Superstar only offers automated trading, the platform supports manual trades, too. When you log into your account, you will have the option to choose manual or automatic trading.
If you are a registered user but have not verified your account, then you can only contact the support team through a contact form. But once you open and verify your account, you can do so via live chat and email at your convenience.
According to the official information on the robot’s website, the platform does not charge its users for using its platform. However, brokers may charge a small fee. It is best to check the terms and conditions whenever you want to join any crypto trading platform to verify the costs and fees.
Bitcoin Superstar boasts of having a seamless withdrawal process. As a trader on the platform, you have the right to withdraw your earnings at any time. All you should do is to fill in the withdrawal form and submit it. The trading platform knows that crypto markets are volatile and time-sensitive. As such, it processes the requests within 12 hours.