Bitcoin Digital Review
Bitcoin Digital is a cryptocurrency trading platform that claims to help traders trade digital assets such as Bitcoin automatically. According to the official website, the platform was founded in 2017 by a team of financial experts and software developers.
The platform supposedly uses advanced algorithms and artificial intelligence to analyse market movements and identify profitable trading opportunities. Once an opportunity has been found, the bot automatically executes transactions via connected brokers.
The website promises that users can make high profits every day. However, such advertising promises should always be critically scrutinised, as the crypto market is very volatile.
Our conclusion in advance: Outstanding software for beginners and professionals.
To the Bitcoin Digital website "
Origin and developer
Little is known about the actual developers and the origins of Bitcoin Digital. There is no information about the founding team on the website.
Allegedly, the platform was developed by financial experts and software engineers. However, it is impossible to independently verify these claims. The developers remain anonymous.
Although its origin is not transparent, the platform appears to be an established offering for crypto trading today. According to the website, thousands of users utilise the service. The feedback is also predominantly positive.
Technical details
Robot type and supported cryptocurrencies
Bitcoin Digital is a fully automated trading bot. The software analyses the market independently and executes transactions automatically via connected brokers.
The following cryptocurrencies are supported:
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Ripple (XRP)
- Bitcoin Cash (BCH)
CFD trades on these digital currencies are also possible.
Software costs and trading fees
Use of the Bitcoin Digital software is free of charge. There are no fees for registration or use.
However, the platform works together with external brokers. These usually charge fees on trades, spreads or transfers. You should therefore find out about the conditions of the respective broker before registering.
To the Bitcoin Digital website "
Use of artificial intelligence and machine learning
According to its website, Bitcoin Digital uses artificial intelligence (AI) and machine learning (ML) to make automated trading decisions.
The algorithms continuously analyse market trends, price fluctuations and trading volumes. Pattern recognition is used to identify profitable trades.
In addition, the algorithms are supposed to continuously learn through ML and thus make increasingly accurate predictions. However, it is not possible to transparently verify whether this is true in the form stated.
Start with Bitcoin Digital
Registration process
To use Bitcoin Digital, you need to register on the website. This process is free of charge and only takes a few minutes:
- You enter your email address and a password on the website and confirm the terms and conditions.
- A regulated broker must then be selected through which the trades will be processed.
- Next, personal information such as name, address and telephone number are requested.
- Finally, the identity is verified, for example by uploading an identity card.
Once registration is complete, Bitcoin Digital can be used without restriction.
Minimum deposit and payment methods
According to the website, a minimum amount of 250 euros is required for the initial deposit into the trading account.
Credit cards (Visa/Mastercard), bank transfers and other online payment services such as Skrill or Neteller are accepted as payment methods.
The deposit must be made to the linked broker account, not directly to Bitcoin Digital.
Trading strategy and activation of the bot
After the deposit, the automatic trading bot can be activated.
In the settings, you can specify which cryptocurrencies are to be traded, as well as parameters for risk diversification. It is recommended not to invest more than 10% of capital per trade.
The bot then carries out transactions independently in the background. The status can be monitored in real time.
It is also possible to use Bitcoin Digital manually. Professionals can interpret the signals themselves and implement their own trading strategy.
Trading opportunities
Supported cryptocurrencies and fiats
Bitcoin Digital supports trading in the most important cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash.
CFD trades on these digital currencies are also possible. This allows you to bet on falling prices and hedge both long and short positions.
Euros, dollars, pounds and yen are accepted as base currencies. Deposits and withdrawals can therefore be made in common fiat currencies.
To the Bitcoin Digital website "
Leverage and risks
Leverage of up to 1:4000 is offered via the partner brokers. This means that you can trade a position worth 4,000,000 euros with a capital of 1,000 euros.
This leverage effect can lead to significantly higher profits, but also to correspondingly faster losses. It is advisable to use leverage responsibly and only with a small amount of capital. Beginners should not use it at all.
Spreads and fees
Bitcoin Digital is silent on specific spreads and fees. These are determined by the respective brokers.
According to user feedback, the conditions are competitive, but not the most favourable on the market. It is advisable to check the fee structure carefully before registering.
Security and regulation
Legitimacy of Bitcoin Digital
Although Bitcoin Digital advertises with promises of high winnings, it is a legal and reputable platform.
The operator is subject to European financial supervision and partner brokers have valid licences. The website uses SSL encryption and state-of-the-art security protocols.
Nevertheless, it should be noted that crypto trading is generally risky. There is no guarantee of actually making a profit.
Protection of money and data
According to the website, all customer funds and data are protected:
- Personal information is transmitted SSL-encrypted.
- Partner brokers hold deposits in segregated accounts. In the event of insolvency, the funds are protected.
- The platform itself does not have access to deposits at any time. Only the brokers can deposit and withdraw funds.
Overall, high security standards are promised. There are no known security incidents or hacked accounts.
Verification process
Before the first withdrawal, the trading account must be verified.
A photo ID and a document with the current address, for example an electricity bill, are usually required.
According to users, the verification process usually takes less than 24 hours. The platform appears to handle this process efficiently.
Trading strategies and algorithms
Automated trading and tools
Bitcoin Digital enables fully automated trading. The software makes transaction decisions independently.
The signals are transmitted to brokers via API and orders are executed automatically.
Tools for manual analyses are also available. Professionals can use the technology as a decision-making aid.
Arbitrage trading and news trading
The algorithms of Bitcoin Digital are able to recognise and automatically exploit arbitrage opportunities between exchanges.
The bot is also designed to master news trading. Economic news and press releases that could have an impact on the crypto market are automatically analysed and forward-looking trades are executed.
Analysing prices and market trends
According to the website, Bitcoin Digital continuously analyses prices, volumes and historical market data. Pattern recognition is used to identify trends and trading opportunities.
It is impossible to judge from the outside whether the AI is actually that powerful. The fact is that such a real-time analysis would hardly be possible for humans. Whether this leads to better returns is something that each user has to check for themselves.
To the Bitcoin Digital website "
Additional information
Learning materials and resources
Bitcoin Digital itself does not offer any learning materials or a demo version. However, the partner brokers usually provide extensive training materials.
There are also numerous tutorials and guides on crypto trading on external blogs and YouTube channels.
A demo account with a broker is the best way to practise your first steps risk-free.
Advertising and media presence
Rumours are circulating about celebrities who are said to have used or advertised Bitcoin Digital.
These allegedly include Elon Musk, Keanu Reeves and other celebrities. However, all these claims are fictitious and should not be taken seriously.
False information is also circulating about reports on TV shows such as "This Morning" or "Shark Tank". The platform has not yet appeared in any mass media programme.
Customer ratings and feedback
On Trustpilot, Bitcoin Digital has an average rating of 4/5 stars. Many users report positive experiences and recommend the platform to others.
Criticism is rarely voiced. Occasionally, users criticise the relatively high fees charged by partner brokers.
Forums such as Reddit contain hardly any reports about the platform. Independent reviews are generally sparse.
Advantages and disadvantages
Pro from Bitcoin Digital
- Free use of the software
- Simple operation even for beginners
- Automated trading with AI support
- Access to several crypto exchanges through partners
- Accepts the most important payment methods
- Reputable and regulated service provider
- Positive reviews and user feedback
Contra of Bitcoin Digital
- No free demo version for testing
- Development team is not known
- Promises of winnings sometimes sound dubious
- Verification with documents required
- Partner brokers sometimes charge high fees
- Little transparency in algorithms and technology
Alternative trading bots
Recommendations and comparisons
Bitcoin Digital is not the only automated trading bot for cryptocurrencies. Popular alternatives include, for example
Bitcoin CodeSimilarly easy to use and with AI tuning. Offers demo account and customer support.
Crypto EngineAccess to many exchanges and wallets. Very detailed technical signals.
BitQTParticularly fast order execution and clean user interface. Suitable for beginners.
Bitcoin EraWorks with a particularly large number of indicators and parameters. Ideal for customised strategies.
Bitcoin FutureCombines automated and manual trades perfectly. Allows copy trading by professionals.
It is best to test different providers with a free demo account before investing your own money.
Customer service and support
Availability and response time
Bitcoin Digital's customer service is available around the clock via email and chat.
According to user feedback, enquiries are usually answered within a few hours. The employees are friendly and competent.
However, support is only available in English. German-language support would be desirable for German users.
Supported languages and countries
The Bitcoin Digital website is available in various languages, including English, German, French, Dutch and Spanish.
The platform can be used in most European and international countries. However, the respective regulations regarding crypto trading apply.
To the Bitcoin Digital website "
Conclusion
Summary of experience
Overall, Bitcoin Digital makes a serious impression. The platform works technically flawlessly and the service is professional.
Even if the promised profits are certainly very high, the trading bot seems to work reliably and can offer investors interesting signals.
The software is suitable for beginners thanks to its simple operating concept and automation. Advanced users can utilise the functions manually for their strategy.
The security is given, but you should compare the fees of the brokers before long-term use.
Recommendations for potential users
For traders who Bitcoin Digital please note the following tips:
- Set realistic return expectations, don't rely on advertising promises
- Only invest money that you are prepared to lose
- Start with small capital and spread the risk
- Test the functions in the demo version first
- Find out about the broker's fees and conditions in advance
- Never invest too much capital at once
If you follow these instructions, you can have a positive experience with Bitcoin Digital and benefit from the automation options.
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.