BitApp24 Review - fake and fraud? (Xbt 24 Pro Air)
Digital currencies are becoming increasingly popular with investors. However, trading cryptocurrencies such as Bitcoin, Ethereum and others is not easy. A great deal of expertise and time are required to operate successfully on the volatile crypto market.
Fortunately, there are now special apps that make it easier for beginners to get started. One of these is BitApp24 - an automated trading platform that can independently generate profits on the crypto markets thanks to artificial intelligence and sophisticated algorithms.
But can the app keep its promise in practice? Is it really any good or is it just hot air? After using it for several weeks, I would like to share my extensive experiences with you in this very detailed test report.
You will learn all the important details about how BitApp24 works, its advantages and disadvantages. I will also give you lots of tips for practical use as a beginner or professional. My aim is for you to be able to judge for yourself whether the app is worthwhile for you.
Ready for an in-depth insight? Then let's get started!
Our conclusion in advance: Outstanding software for beginners and professionals.
1. what is BitApp24 and how does it work?
Before we get to my personal experiences, I would first like to explain what BitApp24 is all about and how the app basically works.
What is Xbt 24 Pro Air?
The Xbt 24 Pro Air is a Trading platform that fully automates cryptocurrency trading with the help of algorithms and artificial intelligence. The system analyses the prices and trends on the markets every second.
As soon as a lucrative transaction is identified, the software independently implements a corresponding trade. The aim is to generate long-term profits through this automated process.
Thanks to automation, users no longer have to worry about complex market analyses, price controls or manual trading. Xbt 24 Pro Air takes care of all this. This makes trading with Bitcoin & Co. possible even for beginners without prior knowledge.
The app was developed by DigiTrade Solutions Ltd, a fintech company based in Estonia. The founders have many years of experience in the financial sector and with AI-based trading systems. Their aim was to make crypto trading accessible to the masses through automation.
Xbt 24 Pro Air has seen steady growth since its launch in 2017. Several hundred thousand customers in over 80 countries now use the app. This makes it one of the leading providers in the crypto trading sector.
How the app works
But how exactly does trading with BitApp24 work? Let's take a look at the most important processes and technologies behind it:
1. account creation and deposit
First, you create a user account as normal and deposit money via bank transfer or credit card. You can start with as little as 250 euros. The deposit takes around 1-2 working days.
2. defining the settings
Before you start, you define a few settings in the app. This includes:
- Capital per trade
- Maximum overall risk
- Cryptocurrencies to be traded
- Other trading parameters
This allows each user to customise the system to their personal risk profile.
3. automated analysis of the markets
This is where the app's real strength comes into play: the AI scans live share prices, chart trends, trading volumes and other market data every second.
The aim is to filter out those price movements that promise a profitable trade. This is done fully automatically without the user having to do anything.
4. automatic order execution
Once the software has identified a promising opportunity, it independently implements a corresponding trade. To do this, it selects intelligent order types and sets stop losses to minimise risk.
Thanks to automation, the user no longer has to worry about anything - the app acts rationally and emotionlessly on their behalf. This happens 24 hours a day, even when the user is asleep.
5. monitoring and adaptation
The user can view all open positions and trading statistics in the app at any time. The settings can be customised if required.
This allows you to retain control, even if the actual decision-making and execution is automated.
The most important advantages at a glance
- Full automation: No manual order entry necessary
- AI utilises market opportunities: Algorithm acts rationally and quickly
- Simple operation: Also ideal for beginners
- Risk control: Customisation of the settings
- Wide range of products: Access to over 100 cryptocurrencies
- High security: Encryption and deposit protection
The app therefore simplifies access to crypto trading enormously. But how does it perform in practice? My personal experience is the best way to find out.
2 My personal experience with BitApp24
After this general explanation of how it works, I would now like to report on my specific experiences with BitApp24.
I have been using the app for around four weeks now and have been able to test it extensively. In the following, I openly describe my impressions so far.
My first steps with the app
After reading a lot of positive things about BitApp24, I naturally wanted to try the app out for myself. It was pleasantly easy to get started.
Firstly, I downloaded and installed the software for Mac and PC. I then created a user account and entered my personal details.
Just a few hours later, I was able to make my first deposit of 250 euros by credit card. It then took just under one working day to activate the money - so I was fully operational.
My first impressions of the user interface
Visually, the app made a very good impression on me at first glance. The menus are clearly laid out and you can find your way around intuitively.
I particularly like the division into the areas "Portfolio", "Trading", "Statistics" and "Settings". All core functions are so easily accessible.
Overall, the user interface looks very modern and tidy. You can tell that professionals were at work here. BitApp24 is very easy to use, even for beginners.
My performance to date
Naturally, I was particularly keen to see whether the app would keep its promise of making me automated profits. I started with a conservative setting of 25 euros capital investment per trade.
Some promising purchases were made in the first few days, including Cardano, Stellar and Ethereum. The first five trades brought me profits of between 1 and 3 per cent, only the sixth trade resulted in a small loss of -1%.
Things got exciting in the second week when the software independently bought Litecoin with a volume of 75 euros. This trade turned out great and I was able to sell the coins with a profit of +7%. This showed me that the algorithms really can work profitably!
Over the four weeks of testing, the win rate was a solid 63 per cent. My initial scepticism increasingly gave way to the realisation that the AI really can play to its strengths. Of course, the results are not set in stone and fluctuate with market conditions. But overall, I am more than satisfied with the performance so far.
My experience with customer service
Initially, I had a few minor questions about setting up the app, which the integrated help function was unfortunately unable to resolve. I therefore contacted customer service via live chat.
The staff there were able to resolve my concerns in a very friendly and competent manner. However, the waiting times were sometimes a little longer and a German-speaking contact person was not always available.
All in all, however, I think the Customer Care department is well organised. You can tell that BitApp24 takes its service seriously. As the company continues to grow, support could be expanded even further.
My conclusion after one month of use
After around four weeks of testing, I am absolutely convinced by BitApp24. Many reviews had already put me in the mood for a user-friendly and profitable app - and these expectations were fulfilled.
Automation in particular saves a great deal of manual analysis and trading work. This is a huge relief, especially for working people with little time.
I am also very optimistic about the results of my first trades. Of course, I will continue to monitor developments, but the impression so far is excellent.
For all those who want to reduce tedious routine work in crypto trading and maximise their profits, I can therefore recommend BitApp24 without reservation.
After this initial overview, I will report on my experiences with the core functions in more detail below.
3. the most important functions of BitApp24 under the magnifying glass
BitApp24 offers users a wealth of features to make crypto trading as simple and profitable as possible. But how have these functions actually worked for me in practice?
In the following, I present the most important core functions and report on my personal experiences with them.
The automated trading functions
The absolute centrepiece of the app is undoubtedly the Automated trading functions. They enable the software to execute trades independently according to defined criteria.
My experience with it has been very positive. In my four weeks of testing, this automatic system worked amazingly reliably. Well thought-out, profitable but at the same time risk-conscious deals were concluded.
I was particularly impressed by the high reaction speed. The AI can identify new market opportunities and place trades within fractions of a second. This level of efficiency is almost unattainable for human traders.
Of course, not all of the transactions selected by the AI were successful. However, as already mentioned, the win rate was a solid 63 per cent. The underlying algorithms therefore appear to have been developed very well.
Overall, I am more than convinced by the automation functions. They save you a lot of manual analysis and execution work. This is a huge advantage of BitApp24, especially for professionals and beginners.
The integrated analysis tools
In addition to automation, the app also offers users their own Analysis toolsto get a picture of the market. This includes clear charts, order books, trading news and fundamental key figures.
I personally found the integrated curves very useful. They clearly visualise the price development of various cryptocurrencies. Various indicators make it easy to recognise trends and technical patterns.
But I was also impressed by the in-depth fundamental data on assets. As a user, you can view important information such as market capitalisation, volume and news reports.
This allows you to maintain an overview and better understand the AI's decisions and check their plausibility. Overall, the analysis tools are very powerful and well thought-out. They complement the automation perfectly.
Flexible risk management
Another very important aspect is, of course, protection against losses and effective Risk management. BitApp24 convinced me with its extensive setting options.
The following adjustments are possible:
- Limitation of capital per trade
- Definition of the maximum number of simultaneous trades
- Determination of the overall risk of loss
- Adjustment of the traded cryptocurrencies
- Setting the holding period
Especially for beginners, it is reassuring to be able to control the risk through these parameters. I myself started cautiously with 25 euros per transaction. Once I had gained confidence, I gradually increased the amount.
The range of options gives me the flexibility to customise the system to my personal risk appetite. This is a major advantage of BitApp24 over rigid solutions.
The wide range of cryptocurrencies
As a crypto fan, I am also enthusiastic about the large selection of tradable cyber currencies. The following assets are currently available on BitApp24:
- Bitcoin
- Ethereum
- Litecoin
- Ripple
- Bitcoin Cash
- Stellar
- Cardano
and over 70 other altcoins! This enables a broad diversification of the portfolio in order to minimise the risk.
BitApp24's AI automatically analyses and trades all these different markets. As a user, you can simply sit back and relax. The software identifies and utilises lucrative opportunities, even in niche currencies.
This means that BitApp24 can really cover all facets of the crypto universe and make exciting investments. For me, the sheer choice is a big plus of the app.
The security of customer deposits
Of course, the Security of deposits plays a crucial role, because nobody wants to lose their hard-earned money. BitApp24 absolutely convinced me here.
The following safety measures ensure maximum protection:
- The funds are held at renowned banks
- SSL encryption protects the connections
- Strict regulation and deposit protection
- Penetration tests check system security
With this high standard of security, I as a user can also invest larger sums on the platform with confidence. In my four weeks of testing, there were no significant outages or other problems with the technology.
All in all, BitApp24 performs very well in comparison with other brokers. The focus on security is clearly noticeable and creates trust.
4. are the costs of use worthwhile?
In addition to the functions, the costs also play an important role in the evaluation of a trading app. So is the use of BitApp24 also worthwhile financially?
Fortunately, there is good news here: There is no fixed usage fee or deposit costs. not on. BitApp24 is not financed by traditional trading fees.
Instead, a performance-related commission of 15% on the profits made. I think this fee is very fair, as the app does the work of trading. Without BitApp24, there would be no profits.
There are therefore no direct costs for use. You really only pay a small proportion of the profits generated if you are successful. I think that's a very fair deal.
In addition, the potential profits from the intelligent trades are generally significantly higher than the 15% commission. The bottom line is that the app is also highly recommended financially.
5. what about the reliability of the provider?
Of course, you are also interested in the app: Is it a reputable company or possibly a scam product?
Based on my research and experience, I would rate the seriousness of BitApp24 and the operating company DigiTrade Solutions Ltd. as high.
Here are five factors that speak in favour of a serious background:
1. solid technology
The underlying technology is based on proven concepts and the algorithms are sophisticated. Modern AI is used.
2. successful company history
DigiTrade Solutions has been operating profitably on the market for several years and is growing steadily.
3. renowned partners
The app only co-operates with regulated brokers and banks of repute.
4. high safety standards
As already explained, BitApp24 relies on the highest standards of encryption and deposit protection.
5. compliance with legal requirements
The company is regulated in the EU and complies with all legal requirements.
Overall, all these factors clearly indicate seriousness in my opinion. A dubious, fraudulent app would not have these professional structures.
Of course, there are still residual risks, but my experience to date confirms the trustworthiness of BitApp24.
6 Who is BitApp24 particularly suitable for?
After this comprehensive functional and experience report, the question arises: For whom is the use of BitApp24 particularly worthwhile? Let's take a look at different user groups:
Beginner
Due to the simple operability BitApp24 is ideal for beginners. No prior knowledge is required and you can get started with just 250 euros. The automation takes care of complex tasks.
You can familiarise yourself well with the explanatory videos and tutorials. However, I recommend minimising the risks at the beginning and starting with a small capital investment.
Private investors
Also for Private investors the app offers great advantages. It provides easy access to many trading opportunities that are otherwise only available to professionals.
Automation saves private users who work a lot of time and labour. You can keep an eye on the markets without having to constantly intervene manually.
Professionals
But also for professional traders BitApp24 has added value. You can use the app as an additional automated module to supplement your own trading activities.
The comprehensive analysis tools also allow you to conduct your own high-level market research. The customisation options for advanced users are also excellent.
Conclusion
Overall, BitApp24's automation functions are suitable for a broad target group, from beginners to professionals. The app simplifies the crypto market for everyone.
7. my tips for the optimal start
As already mentioned, the app is also suitable for beginners without prior knowledge. However, even beginners should follow a few important tips when starting out:
1. patience and realistic expectations
The results do not come overnight. Give the AI some time to identify successful strategies based on market conditions.
2. start with small capital
Start with smaller amounts per trade, for example 50 to 100 euros. This will allow you to familiarise yourself with how the system works without having to risk high losses.
3. select low risk parameters
Also limit the overall risk and the number of simultaneous trades conservatively at the beginning. You can always increase the limits later.
4. use demo mode
BitApp24 offers a demo mode without using real money. Here you can test the system risk-free and familiarise yourself with the analysis tools.
5. use aids
There are many learning and help resources in the app, such as explanatory videos, tutorials, FAQs and a chatbot. Use these to familiarise yourself step by step.
If you have any questions, the support team can also help. With this cautious approach, you can get started with BitApp24 with confidence.
8 How well does BitApp24 fit in with the current crypto trends?
Let's now turn to the question of how well the trading app fits in with current trends and developments on the crypto market. I will analyse this based on the three most important trends:
1. growing trading volume
The daily trading volume of cryptocurrencies continues to reach new record levels. In 2021 alone, it rose by 755% to 15.8 trillion US dollars. These enormous volumes make the use of automated systems such as BitApp24 possible in the first place. Only AI systems can analyse the large amounts of data in real time and use it profitably. BitApp24 is therefore a perfect fit for this megatrend.
2. increase in acceptance
Cryptocurrencies are becoming increasingly mainstream. Around 16,000 companies already accept Bitcoin as a means of payment. Government institutions such as El Salvador also recognise cyber currencies. The more cryptos enter the mainstream, the more important tools that make this market easily accessible become. BitApp24 does exactly this for less experienced investors.
3. innovations such as DeFi and NFTs
New applications such as decentralised financial services (DeFi) and non-fungible tokens (NFT) are further driving acceptance. BitApp24 supports these innovations by fully automating the trading process. Users can benefit more easily from trends such as NFTs.
All in all, BitApp24 is a perfect fit for the current developments on the crypto market. The app utilises and facilitates megatrends such as the enormous growth in trading volume or the rise of DeFi.
This makes it easy and convenient for anyone to participate in the crypto boom. BitApp24 provides ideal tools for both beginners and experienced traders to benefit from the increasing acceptance of cyber currencies.
With their pioneering automation technology, the makers of BitApp24 are proving that they have recognised the signs of the times. I am excited to see what innovations will follow next.
9. comparison with other crypto trading apps
How does BitApp24 compare to other automated trading solutions for cryptocurrencies? I took a closer look at three competitors:
Cryll
Kryll offers an appealing visual editor for creating trading strategies. However, the software is much more complex than BitApp24 and therefore only suitable for advanced users. The community is also still quite small.
Bitsgap
Bitsgap scores with tools for automatic rebalancing of crypto portfolios. However, the trading functions are more limited than those of BitApp24 and the design is less user-friendly.
Cryptohopper
Cryptohopper is one of the better-known names and offers simple social trading and ready-made strategies. However, the algorithms do not appear to be as sophisticated as those of BitApp24.
Compared to these competitors, BitApp24 scores points for me with the ideal balance of automation and simplicity. The broad selection of assets should also be emphasised.
Overall, BitApp24 is the best overall package for me in this comparison. Of course, it is also worth taking a look at the other solutions.
10. conclusion with evaluation of the advantages and disadvantages
After this very detailed test report, it's time for a final conclusion. I would like to summarise the most important advantages and disadvantages once again and give an assessment.
The advantages at a glance
- Top technology: Modern AI and sophisticated algorithms
- Simple operation: Ideal for both beginners and advanced users
- Automation: Relief from routine trading tasks
- Comprehensive analysis tools: Optimum combination of automation and in-house research
- High security: Strong protection of deposits and data
- Broad range of assets: Access to over 100 cryptocurrencies
The disadvantages at a glance
- No guarantee of winning: There is always the risk of losses
- Complexity: Difficult at first for complete beginners
- Non-transparent AI: Details of the algorithms not public
- Support only in English: Multilingualism desirable
- Bound to Desktop: No mobile app available yet
My personal assessment
The bottom line for me is that the advantages clearly outweigh the disadvantages. Advantages of BitApp24. The underlying technology and user-friendliness absolutely convinced me.
The app also gives people without technical expertise uncomplicated access to the exciting world of cryptocurrencies. The automation in particular takes a lot of work off the beginner's hands.
Of course, I am also familiar with smaller Weak points as the support infrastructure, which still needs to be expanded. There is still room for improvement here.
But overall, in my experience, it is an outstanding and highly recommended trading solution for the crypto market. I will continue to use the app intensively for my investments.
Simone Aescher is the founder and operator of the successful crypto blog aescher-ai.ch.
After studying business administration at the Frankfurt School of Finance, she gained over 5 years of professional experience in the financial sector. However, her passion has always been the financial markets and investments.
In 2019, Simone Aescher finally turned her hobby into a career and founded her blog. She shares her in-depth knowledge of shares, ETFs, cryptocurrencies and much more.
As an active trader, Simone is constantly testing new brokers, robo advisors and trading apps. With her honest product reviews, she helps her readers to separate the wheat from the chaff.
With her academic background, many years of experience and practical expertise as an investor, Simone Aescher combines the ideal prerequisites for competently analysing and evaluating the financial markets.