Biticodes Review
In this article, I would like to give you a comprehensive insight into how BitiCodes works and share my personal experience of testing this software with you.
I will highlight both the pros and cons of BitiCodes so that you can make an informed decision at the end of this review as to whether registering with this platform could be worthwhile for you.
So without further ado, let's get started with my personal BitiCodes test!
Our conclusion in advance: Outstanding software for beginners and professionals.
What is BitiCodes and how does the platform work?
BitiCodes is an online Trading platform for cryptocurrencieswhich enables users to trade Bitcoin, Ethereum and other altcoins automatically with the help of an intelligent algorithm.
The BitiCodes algorithm analyses the markets
The centrepiece of BitiCodes is the proprietary algorithmwhich is based on artificial intelligence and has been trained to identify profitable trading opportunities on the crypto markets.
This algorithm scans and analyses the prices of the most important cryptocurrencies around the clock and looks for patterns or indicators that could point to a profitable buy or sell.
As soon as the algorithm identifies a promising setup, it generates a Trading signalwhich is made available to users of the platform.
High hit rate for trading signals
According to BitiCodes, the Hit rate at over 85% - in other words: in more than 8 out of 10 cases, a signal generated by the algorithm results in a successful and profitable trade.
That sounds almost too good to be true at first - but I will go into the success rates in more detail later.
Fully automated trading possible
A major advantage of BitiCodes is that you can use the trading signals does not have to be implemented manuallybut can also let the algorithm work fully automatically for you.
To do this, you only need to change the Autotrading mode activate it. The bot then automatically implements the trading signals with the deposited capital without you having to do anything yourself.
This means you can let the bot work on its own and sit back and relax. The winnings are then simply paid out to the connected bank account.
High level of user-friendliness
Another advantage of BitiCodes is the Very high user-friendliness. Both registration and operation of the trading platform are child's play and also suitable for inexperienced traders.
No prior knowledge of crypto trading is required to use BitiCodes profitably. Even trading beginners can be up and running in just a few minutes thanks to the simple interface and menu navigation.
Overall, the platform makes a very professional and reputable impression, from registration to the payout of winnings - but more on that later.
First of all, I would like to explain step-by-step how BitiCodes works.
Step-by-step: How BitiCodes Trading works
Here you will find detailed instructions on how to open an account with BitiCodes and start automated trading:
1. registration with BitiCodes
You can easily create a new user account via the BitiCodes website. All you have to do is enter your first and last name, an e-mail address and your telephone number.
You will then receive a confirmation email with which you can activate your account. Registration really only takes a few minutes.
2. deposit to BitiCodes
After registering, you can deposit money into your BitiCodes account to start trading.
Various payment methods such as credit card, bank transfer or e-wallets are available. BitiCodes requires a minimum deposit of 250 euros.
3. test demo account
Before you invest real money, I recommend that you test the free demo account from BitiCodes.
Here you can practise trading with virtual capital and familiarise yourself with the platform's functions risk-free.
This is ideal for gaining experience before you start with real capital.
4. adjust settings
In the BitiCodes account settings, you can configure various parameters such as the risk level, the preferred coins and the autotrading mode.
It is best to adapt these settings to your personal risk appetite and your trading strategy.
5. start live trading
If you are happy with your settings and the demo account, you can start live trading at any time.
Now the algorithm automatically implements the trading signals with your real capital and generates profits for you.
6. pay out winnings
As soon as the bot has executed successful trades and made profits, these can simply be paid out to your bank account.
Withdrawal is free of charge and usually takes place within 24 hours - so you'll have your winnings in your account quickly.
As you can see, BitiCodes is really easy to use. Even as an inexperienced trader, you can find your way around within a few minutes and use the software profitably.
Following this step-by-step guide, I would now like to tell you about my personal experience of testing with BitiCodes.
My experience with the BitiCodes test
For this test report, I created a BitiCodes account a few weeks ago to put the trading platform through its paces.
In the following, I report on my experiences when setting up the account, the operation and my trading results.
Uncomplicated registration
Registering with BitiCodes was very simple and straightforward. Within a few minutes, I had created my account with the basic data and was able to log in.
My first impression of the user interface was very positive. The platform seemed tidy and clear to me.
The menu navigation is self-explanatory, so you can quickly find your way around.
Easy deposit of credit
Next, I wanted to deposit funds into my BitiCodes account so that I could start trading.
This process also went very smoothly. Within a few minutes, I had made the required minimum deposit of 250 euros by credit card.
The money was immediately credited to my account and was available for my first trades.
Demo account for a risk-free start
Before I traded with real money, I first tried out the free demo account from BitiCodes.
Here I was able to familiarise myself with the functions of the platform at my leisure and make my first trades with virtual capital.
This risk-free introduction with play money is ideal for getting a feel for BitiCodes before investing real money.
After testing the demo account for about an hour, I felt ready for real money trading.
Settings adapted to my strategy
Before starting with real money, I adjusted the settings of my BitiCodes account.
Here you can, among other things Risk level to determine how aggressively the algorithm should act.
I have a rather Moderate risk profile as I did not want to risk too high a loss.
I have also specified that the bot should focus on the coins Bitcoin and Ethereum as I am most convinced of these.
I started live trading with these settings.
First successes in live trading
Once I had activated the bot with my credit, it immediately started automated trading.
On the very same day, the algorithm opened several Bitcoin and Ethereum positions, most of which quickly realised a small profit.
After 3 days, I had already made a total profit of 63 euros with BitiCodes.
I was very satisfied with this first balance for the start. In the weeks that followed, I was able to increase this profit even further.
Conclusion: A trading platform worth recommending
After several weeks of testing, one thing is certain for me: BitiCodes is a recommendable trading platform with which beginners can successfully get started in crypto trading.
The software is easy to use and, thanks to the intelligent algorithm, enables even traders with no prior knowledge to make solid profits.
Overall, BitiCodes made a very professional impression in the test and I never had the impression that I was dealing with a scam or a dubious platform.
Now that I have described my personal experiences with BitiCodes, I would like to summarise the advantages and disadvantages of this trading platform in the next section.
The advantages and disadvantages of BitiCodes at a glance
The advantages at a glance
- Simple operation even for trading beginners
- Automated trading through AI algorithm
- High hit rate according to provider
- Support for all major cryptocurrencies
- Free demo account for risk-free testing
- Serious and professional overall impression
Possible disadvantage: non-transparent success rate
One possible point of criticism is that the success rate of over 85% stated by BitiCodes is not really transparently documented.
Although trades are shown as examples on the website, long-term and independently verified statistics on the probability of winning are unfortunately missing.
As a user, I would like to see a little more transparency on the part of the provider in order to be able to better judge the alleged hit rate.
Overall, however, the advantages clearly outweigh the disadvantages for me, which is why I classify BitiCodes as a reputable and recommendable trading platform.
Following this summary of the advantages and disadvantages, I would now like to give you some tips for successful trading with BitiCodes.
4 tips: How to trade successfully with BitiCodes
Here are some important tips to help you trade successfully and profitably with BitiCodes right from the start:
1. test demo account extensively
I strongly recommend that you test BitiCodes' free demo account extensively before using real money.
Practise trading with virtual credit and gain valuable experience for using real money.
2. adjust settings
Be sure to adjust the settings such as the risk level to your personal strategy and risk tolerance.
This ensures that the bot acts exactly according to your specifications.
3. activate autotrading
Activate the autotrading mode of BitiCodes so that the bot executes the signals automatically.
This means you don't have to execute the trades manually and can let the software do the work for you.
4. pay out profits promptly
Pay out your winnings regularly to your bank account and do not leave them on the platform.
This reduces the risk and means you have your returns available quickly.
If you take these tips to heart, nothing stands in the way of a successful and profitable start to crypto trading with BitiCodes!
Finally, I would like to summarise the most important questions and answers on the subject of BitiCodes.
Frequently asked questions about BitiCodes at a glance
Here you will find the answers to the most frequently asked questions about BitiCodes Trading:
What is BitiCodes?
BitiCodes is a trading platform that makes it possible to trade cryptocurrencies automatically with the help of an AI algorithm.
Is BitiCodes reputable?
In my experience, BitiCodes is a reputable and professional provider.
How does BitiCodes work?
An algorithm analyses the markets and generates trading signals that can be implemented automatically or manually.
Can you really earn money with BitiCodes?
In principle, yes. However, as with any investment, there is no guarantee of profits.
Who is BitiCodes suitable for?
Thanks to its automation, BitiCodes is also suitable for trading beginners. Reviewd traders can customise the settings.
Has there already been a BitiCodes scam?
There are no indications of a BitiCodes scam. The platform makes a reputable impression.
Conclusion: Is BitiCodes worth it?
Overall, I consider BitiCodes to be a recommendable and reputable trading platform with which even beginners can achieve good results.
A test with the free demo account is worthwhile in any case to familiarise yourself with the software without risk.
If you then carefully adjust the settings to your needs, nothing stands in the way of profitable crypto trading with this platform.
I hope I have been able to give you a comprehensive insight into the BitiCodes trading platform in this detailed review.
If you have any further questions, please do not hesitate to send me a message.
I wish you every success and lucrative trades with BitiCodes or another reputable trading platform of your choice!
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.