Bitcoin Aussie System Review
Bitcoin Aussie System is an automated cryptocurrency trading software that claims to help users make profits in the crypto market. According to the website, the software uses innovative algorithms and analysis tools to predict how the market will develop and then automatically executes trades for the user.
The developers of Bitcoin Aussie System claim that the software has a hit rate of up to 85% and can help users make daily profits of up to €1000 or more. They also say that no special technical knowledge or experience in crypto trading is required to use the software.
Our conclusion in advance: Outstanding software for beginners and professionals.
To the Bitcoin Aussie System website "
How does Bitcoin Aussie System work?
According to the website, Bitcoin Aussie System continuously analyses large amounts of market data and uses AI and machine learning to identify patterns in the crypto market and make accurate predictions about how prices will develop.
As soon as a user registers and deposits funds, the software automatically connects the account to a broker and begins to execute trades based on its analyses and algorithms.
The software automatically executes purchases and sales of cryptocurrencies on behalf of the user. According to Bitcoin Aussie System, this is also the reason why the software is able to trade so quickly and capitalise on market opportunities - it does not have to wait for a human confirmation to execute a trade.
Overall, Bitcoin Aussie System claims to automate the entire trading process and save users the hassle of manual trading. The software is supposed to carry out the analysis and place profitable trades while the user pockets the profits.
Trading criteria and methods
Automated vs. manual trading
One of the main selling points of Bitcoin Aussie System is that the software is able to act fully automatically and without user intervention.
According to the website, the software analyses and executes all trades independently. It promises that no trading experience or knowledge is required.
However, Bitcoin Aussie System also offers the option of setting the software so that the user can manually define the trading criteria and settings before a trade is executed.
This allows a certain degree of user-defined control, even if the actual trade execution is still automated. Manually set criteria could be, for example:
- Investment amount per trade
- Assets to be traded
- Risk parameters
- Take-profit and stop-loss limits
Both automated and semi-automated trading have advantages and disadvantages. Software that is 100% automated offers little control, but has the advantage that trades can be executed quickly without delay by the user.
Manual intervention enables more customised settings, but also requires more time and effort from the user.
To the Bitcoin Aussie System website "
Definition of trading criteria
For users who do not wish to use Bitcoin Aussie System fully automatically, the software allows certain trading criteria and settings to be defined manually before the automatic execution of trades begins.
Possible settings are:
- Investment amount per trade: Here you can specify how much of the credit balance should be invested per trade. A conservative setting would be 5-10% of the credit balance.
- Assets: The user can choose which cryptocurrencies or assets to trade. Frequently traded coins such as Bitcoin, Ethereum or Litecoin are recommended.
- Take profit: Here you can specify the profit margin at which a trade should be automatically closed and the profits taken. For example, after a profit of 10%.
- Stop loss: A stop-loss limit can be defined to limit losses. If a trade reaches this limit, it is automatically closed to avoid higher losses. Approximately 2-5% of the investment is recommended.
- Risk parameters: Here you can set how high the risk of the trades should be. A conservative setting would be a low risk.
By specifying these settings, the user can customise the trading criteria to their preferred style and risk appetite, even if the trades are still automated.
Overview of Bitcoin Aussie System
Robot type and minimum deposit
Bitcoin Aussie System is a fully automated trading bot for trading cryptocurrencies. According to the website, no manual input or trading experience is required.
The minimum initial deposit is 250 euros. This amount is required to start trades. The more capital is deposited, the more can potentially be won.
Profit share and trading fees
Bitcoin Aussie System advertises a high win rate of up to 85% successful trades. However, this claim could not be independently verified.
According to the website, there are no fees for using the trading software itself. However, depending on the broker selected, there may be fees for trades, deposits and withdrawals.
Supported cryptocurrencies and leverage
The software is designed to support trading in the most important cryptocurrencies such as Bitcoin, Ethereum, Litecoin and Ripple. According to Bitcoin Aussie System, users can also trade with a leverage of 1:1000 and thus maximise their profits.
However, high leverage entails a correspondingly high risk. It is advisable to start with low leverage or to avoid leveraged trades altogether until more experience has been gained.
Advantages and disadvantages
Fast registration and user interface
According to the website and user reports on the Internet, registering with Bitcoin Aussie System is quick and easy. You only need to provide basic information such as your name, e-mail address and telephone number.
The user interface is also clearly designed and easy to use. According to the website, no prior knowledge of crypto trading is required to use the software.
Demo account and margin trading
Bitcoin Aussie System offers the option of initially testing the system with play money using a demo account. This allows new users to learn how the software works without risking real money.
According to the website, experienced users can trade with a leverage of up to 1:1000 and thus potentially realise very high profits. However, leveraged trading also harbours enormous risks.
Risks of automated trading
Fully automated trading through Bitcoin Aussie System also harbours some risks and disadvantages:
- The user has hardly any control and transparency over the exact functioning and trades made.
- There is a risk of losses due to incorrect decisions by the software.
- Unfavourable market conditions can lead to a longer period of losses.
- There may be hidden fees charged by the broker.
- The stated high win rate cannot be independently verified.
Overall, Bitcoin Aussie System lacks transparency with regard to its specific mode of operation and profitability. Interested parties should be aware of these risks.
To the Bitcoin Aussie System website "
Markets, assets and options
Trading with crypto CFDs
According to the website, Bitcoin Aussie System enables trading in crypto CFDs (contracts for difference). CFDs are a derivative financial product that makes it possible to exploit the price fluctuations of cryptocurrencies without having to own the asset itself.
Profits or losses result from the difference between the buy and sell price of the CFD. The software should carry out the purchase and sale of these financial products fully automatically.
Leverage trading and risks
As already mentioned, Bitcoin Aussie System advertises that it enables leveraged trading with a leverage of up to 1:1000. This means that the position can be traded up to 1000 times the equity.
With a capital of 1000 euros, a position worth 1,000,000 euros could theoretically be traded. Accordingly, the possible profits, but also losses, can be extremely leveraged.
This harbours enormous risks. Even small price movements against the chosen trading direction can lead to a total loss of the capital invested if the leverage is high. It is advisable to use leveraged transactions only very carefully and to strictly limit the risk of loss.
Fees, limits and payment methods
Costs and deposit methods
According to the website, there are no fees for using Bitcoin Aussie System itself. However, depending on the broker selected, trading or commission fees may apply.
According to Bitcoin Aussie System, various payment methods such as credit card, Skrill, Neteller, Klarna and cryptocurrencies such as Bitcoin are available for deposits to the trading account.
The minimum deposit is 250 euros. Higher deposits are possible and can lead to more winnings. According to the website, there is no upper limit for deposits.
Fees and commissions
As already mentioned, according to Bitcoin Aussie System there are no direct usage fees for the software. However, it is likely that a commission will be charged on a trader's profits.
The broker will also charge transaction fees and spreads for each trade. Users should always pay close attention to any hidden fees or costs in the terms and conditions.
Trading volume and limits
According to the website, there are no limits on the number of trades at Bitcoin Aussie System. However, there may be restrictions depending on the broker used.
There are also no specific limits for the trading volume. With higher deposits, more and larger trades can be carried out. This can increase the chances of winning.
The minimum deposit is 250 euros. The first trades can be started from this amount.
The Bitcoin Aussie System platform
Access to the platform
According to the website, Bitcoin Aussie System can be used directly via the browser. There is no download software. The platform can be accessed both on a PC and via mobile browsers on smartphones and tablets.
To use Bitcoin Aussie System, all you need is an internet connection and an account on the platform.
Cooperation with crypto exchanges and brokers
The terms and conditions state that Bitcoin Aussie System works together with external brokers to technically execute the trades. In order to use Bitcoin Aussie System, an account must be opened with one of the partner brokers.
According to the website, renowned, regulated brokers are selected for cooperation. However, this could not be independently verified. Interested parties should obtain detailed information about the broker used.
The trades are then forwarded to the broker via API interfaces and technically implemented there. The user's crypto assets are therefore held in the broker's accounts.
Availability and language options
According to the website, Bitcoin Aussie System is available in most European countries. The only requirement is Internet access.
The platform can currently only be used in English. There is no option to change the language to German, for example. Knowledge of English is therefore required to use Bitcoin Aussie System.
To the Bitcoin Aussie System website "
Security and regulation
Reliability and security
No concrete information can be found as to who exactly is behind Bitcoin Aussie System. This casts doubt on the seriousness of the company.
The promised winnings and the allegedly high hit rate are also not substantiated and appear dubious.
It is difficult to assess the security of the platform and the brokers involved. There is no evidence of encryption or other security measures.
Overall, Bitcoin Aussie System makes a dodgy impression, even if no clear indications of fraud were found. A certain degree of caution is advisable.
Protection of money and information
As the trading assets are held externally by brokers, their security standards are important. Users should inform themselves in advance.
Personal data and documents are also likely to be passed on to third parties. It is not clear how these are protected. Dubious brokers could misuse the data.
Overall, the protection of money and information at Bitcoin Aussie System is not transparent and could be inadequate. A residual uncertainty remains.
Regulatory status and account verification
Bitcoin Aussie System itself does not appear to be regulated. There is no indication of a licence or state regulation.
However, intermediary brokers and exchange platforms may be regulated. This should be checked on a case-by-case basis.
According to the website, only basic details such as name, e-mail and telephone number are required to open an account. Comprehensive verification or even personal identification does not appear to be required.
This could represent a security risk and jeopardise the integrity of the platform.
Additional information
Learning materials and tools
The Bitcoin Aussie System platform contains very little learning material or help for users. There is no glossary with important terms, no explanations of how it works or tutorials.
Only a short demo video is intended to explain how it works. Otherwise, the user must obtain information externally.
You will also look in vain for analysis tools or graphics on Bitcoin Aussie System. The software remains a black box with no insight into its exact functionality.
Customer support and contact
According to the website, customer service is available by email and telephone. However, there is no specific contact address or telephone number, only a contact form.
There are increasing complaints in forums about poorly accessible support and long response times. Customer service appears to be inadequate.
This makes Bitcoin Aussie System unsuitable for quick help or troubleshooting. Users should be aware that they are probably on their own.
Start with Bitcoin Aussie System
Registration and customer advisor
In order to use Bitcoin Aussie System, you must first register on the website. This is done by filling out a form with basic data such as name, e-mail and telephone number.
According to the website, you will then be assigned a personal account manager who will help you set up your broker account and make your first deposit. The extent to which this works in reality is difficult to judge.
Deposit and demo account
After the initial deposit of at least 250 euros, the demo account can be used to test how the software works, according to the website. As soon as you want to trade live, the broker will probably initiate real money trades.
A demo account is generally recommended to avoid risks. However, the functionality of Bitcoin Aussie System appears to be severely limited.
First trade and trading parameters
According to the website, the personal advisor provides step-by-step instructions for the first trade. After that, the software should be fully automated.
If you want to influence the parameters, you can set stop-loss and take-profit limits. However, you do not have complete transparency and control over the trades.
Alternatives to Bitcoin Aussie System
Other reputable trading bots
There are numerous alternatives to Bitcoin Aussie System on the market. Instead, you could use reputable trading bots such as Crypto Nation Pro or Cryptohopper. These work together with regulated brokers.
Social trading on platforms such as eToro could also be a safer and more transparent alternative. Reviewd traders can be copied here.
Recommended crypto robots
Some crypto robots with simple operation and manageable risk are suitable for beginners. Software such as Bitcoin Era, Bitcoin Prime or Bitcoin Profit works with regulated brokers and offers users comprehensive insights and control over how it works.
Automated trading through these platforms offers a good opportunity to gain initial experience in the crypto markets.
Bitcoin Aussie System in the media
News and celebrities
Rumours are circulating that Bitcoin Aussie System is being promoted by various celebrities. However, these appear to be fictitious stories without substantial evidence.
The supposedly positive media reports about massive profits with the trading software are also dubious on closer investigation and cannot be attributed to any trustworthy sources.
Overall, one should view the supposed media hype surrounding Bitcoin Aussie System with scepticism and not be blinded by possibly invented celebrity endorsements or press articles.
Rumours and facts
In addition to the celebrity rumours, there are also many user reports online with allegedly sensational profits through Bitcoin Aussie System. However, on closer inspection, many of these comments appear to be fictitious.
The rumoured cooperation with an investment television format also seems questionable on closer inspection.
Interested parties should not be blinded by such possibly fictitious reports of massive profits and blindly trust the trading software. Independent facts about the prospects of success are not available.
To the Bitcoin Aussie System website "
Major investors and financing
Investments by Shark Tank and Dragons Den
Rumour has it that major investors from formats such as "Die Höhle der Löwen" or "Dragons Den" have invested millions in the development of Bitcoin Aussie System.
But even these claims cannot be verified. They appear to be fictitious stories to feign seriousness.
There is no verifiable evidence of actual major investments in Bitcoin Aussie System by known venture capitalists or investment experts.
Auto trading and large investors
In fact, more and more professional investors and asset managers are turning to automated trading software to speed up and simplify their transactions.
However, the experts rely on software developed in-house or on solutions from established financial service providers. The reliability of Bitcoin Aussie System in particular is highly controversial in these circles.
Conclusion: Bitcoin Aussie System experience - scam or reputable?
Risks and recommendations
Automated trading systems generally harbour risks, especially if the way they work is not transparent. The promised profits and the alleged hit rate of Bitcoin Aussie System should be treated with caution.
Overall, the software makes a dubious impression, even if there is no evidence of direct fraud.
Interested parties must be prepared for a possible loss and should only invest capital that they can do without in case of doubt. Caution is advised.
Manual trading and regulated platforms
As a safer alternative, beginners can consider manual trading on a large, regulated exchange such as Coinbase or Binance.
Trading via an app with a regulated broker such as eToro may also be suitable for beginners. Here you can at least be sure that your deposits are protected against misappropriation.
In any case, you should only use platforms that are clearly regulated and secure instead of falling for dubious automated systems.
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.