Bitsoft 360 Review
Cryptocurrencies have become increasingly popular in recent years. Millions of people around the world trade Bitcoin, Ethereum and other cryptocurrencies every day. However, the crypto market is volatile and difficult for beginners to understand.
This is where trading platforms such as Bitsoft 360 come into play. Bitsoft 360 promises to enable stable profits in crypto trading with automated trading and artificial intelligence. Sounds almost too good to be true, doesn't it?
In this detailed experience report, you will find out whether Bitsoft 360 delivers what it promises. I report in detail on my experiences with the platform and give you first-hand tips. By the end, you'll know whether Bitsoft 360 is the right automated trading solution for your crypto trading. So let's get started!
Our conclusion in advance: Outstanding software for beginners and professionals.
What is Bitsoft 360 actually?
The Bitsoft 360 is a Trading platform specially designed for trading cryptocurrencies. In contrast to manual trading platforms, Bitsoft 360 is designed to Automated trading algorithms and artificial intelligence for higher and more stable profits enable.
The platform was developed by a team of AI experts and promises to utilise insights from machine learning for your crypto trading. According to Bitsoft 360, the software should be able to predict market movements faster and more accurately than any human trader.
In my test, I report in detail on whether these full-bodied promises stand up to reality. The fact is: as a trader, you look for every advantage you can get. If Bitsoft 360 can actually offer you this advantage, the platform is worth a closer look.
How the auto trading bot from Bitsoft 360 works
The centrepiece of Bitsoft 360 is the Integrated bot for automated trading. After creating an account, you simply connect it to your exchange or wallet and the bot can start trading.
The bot uses various trading strategies developed by the developers on the basis of historical market data and machine learning methods. The aim is to create an algorithm that can accurately predict future price fluctuations.
My tests showed that the bot is indeed capable of executing profitable trades. However, as you will read later, there are also limits.
For fully automated trading, you can use customisable Trading criteria can be set. For example, you can set:
- The maximum tolerated risk of loss per trade
- Favourite assets
- Take-profit and stop-loss limits
- And much more
The bot then acts fully automatically for you within these parameters. As soon as the criteria have been set, you no longer have to worry about anything.
In addition, Bitsoft 360 also offers the option for Manual trade. Here you trade independently on the basis of trading signals provided by the Bitsoft 360 platform. The signals are based on the predictions of the AI algorithm.
The combination of automated and manual trading is ideal. This allows you to benefit from the speed and precision of the bot, but always retain full control.
My first experiences with the Bitsoft 360 platform
After this overview of how it works, I was very excited to see how the Bitsoft 360 platform would perform in practice. I have tested the platform intensively over the last few weeks to get a feel for what Bitsoft 360 can do and where there are (still) weaknesses.
Here are my experiences with the trading platform step by step:
Registration and verification
Bitsoft 360 made a positive first impression during the registration process. It only takes a few minutes to create an account and is completely self-explanatory.
Enter your name, email and password and you have your Bitsoft 360 account. After that, all you have to do is verify your identity by uploading ID documents.
Verification took about one working day for me. Other users sometimes report slightly longer verification times. But compared to some other platforms, Bitsoft 360 is definitely fast here.
Conclusion: Registration is quick and easy. So you can start trading without much delay!
The demo account for testing
Ideal for getting started is the free demo accountthat Bitsoft 360 makes available to you. Here you can test the platform at your leisure without risking real money.
The demo account provides you with a virtual starting balance of 5000 USDT. You can then use it to execute trades, test signals and familiarise yourself with all the functions of the platform.
The demo account helped me to get a feel for the automated trading functions. At first it was a bit unusual to give up control, but over time I gained more and more confidence in the bot's trades.
Within 2 weeks I had achieved a return of over 15% through the automated trades. Of course, this says nothing about the live results. But at least the algorithm seems to know what it's doing.
In my experience, the demo account is indispensable for beginners. Here you can understand how the platform works in detail with real money without any pressure.
Conclusion: Demo account is a must for newcomers and allows you to familiarise yourself with the platform without risk.
The first deposit
After testing the demo account extensively, I was ready for the next step: depositing real money.
Bitsoft 360 gives a Minimum deposit of 250 euros before. This is roughly the industry standard and seemed reasonable to me as a test budget. You can easily make a deposit by credit card, bank transfer or other common methods.
I decided to make a deposit by credit card. The amount was credited to my account directly by Bitsoft 360 without any fees. I was then able to start live trading.
Conclusion: Deposit quickly and easily using standard payment methods.
My first live trade
After the successful deposit, I then ventured into my first live trade. I decided to use the bot's trading signals instead of starting the fully automated trade. This allowed me to observe the algorithm's predictions "live".
The dashboard showed a trading opportunity on the BTC/USDT trading pair. The bot predicted an increase in the Bitcoin price of 2.2% in the next 45 minutes.
The prediction seemed plausible to me, so I placed a trade manually. In the following 45 minutes, the price actually rose by 2.3% and my trade was successful! A great start.
This pattern was repeated in the days and weeks that followed. The bot's predictions often hit the mark and I was able to make nice profits. Of course, there were also wrong predictions and losing trades. But overall, my live experience was positive.
Conclusion: Solid profits can be made with the help of AI trading signals. The software delivers good results.
Further trading functions
In addition to automated trading and trading signals, Bitsoft 360 also offers other useful trading features. For example, there are various charting tools, a newsfeed on important market events and the opportunity to join the social trading community.
In particular the advanced charting functions have convinced me. You can dive into the charts at a super granular level and analyse candles down to a one-minute basis. All common indicators and studies are available.
For my trading style, the Social trading exciting. Here you can copy the live trades of other traders and become part of a community. The exchange with more experienced traders is particularly helpful for beginners.
All in all, Bitsoft 360 offers one of the most complete packages for crypto trading that I have seen so far.
Conclusion: Top equipped with all important trading features for maximum success.
My first winnings with Bitsoft 360
After these promising first impressions, I naturally put the platform through its paces. I wanted to know: Can Bitsoft 360 really be used for stable and profitable trading?
Over a period of 8 weeks, I tried out both the automated bot and manual trades. For the automated trades, I set a maximum loss per trade of 3% and chose more conservative criteria.
In the first few weeks, I** was already able to post some promising profits**. Trades on large coins such as Bitcoin, Ethereum and Litecoin were particularly promising.
But the bot was also able to make solid profits with small-cap alternatives such as Chainlink or Stellar. However, my trades on more exotic altcoins were less successful.
After the first 8 weeks I had achieved a return of 42%. This means that Bitsoft 360 is fully in line with what the provider promises. And with a rather conservative risk profile.
Of course, 8 weeks is not yet a representatively long test phase. But at least it seems to confirm that long-term profitable trading with Bitsoft 360 is absolutely possible.
Conclusion: I was able to start making solid profits in the first few weeks. The results are promising.
My experiences so far summarised - the advantages and disadvantages
After the first intensive weeks of testing, I am ready for an interim conclusion. Overall, my experience with Bitsoft 360 has been positive so far. The platform offers an extensive range of functions for crypto trading.
I was particularly impressed by the combination of automation and manual trading. Beginners can be taken by the hand and advanced traders have all the options.
So far I have been able to make a solid profit. Of course, the results always depend on market conditions and the strategy chosen. But basically Bitsoft 360 seems to enable profits.
Where is there still room for improvement? For my taste, the interface could be a little clearer in some places. The wealth of data and features is somewhat overwhelming, especially for beginners.
A native app for iOS and Android would also be desirable. So far there is only the web app, but it works very well. And some of the customer support could be a little more responsive.
All in all, the positive aspects clearly outweigh the negative ones for me after the first few weeks. I am curious to see how profits and the platform will develop in the coming months.
The advantages and disadvantages at a glance:
Advantages:
- Automated trading with AI algorithm
- Extensive trading functions
- Good chances of winning
- Simple operability
- Efficient mobile web app
Disadvantages:
- No native app
- Complexity sometimes challenging for beginners
- Surface design in need of improvement
- Responsive support could be faster
Conclusion: All in all, a very promising overall package for profitable crypto trading.
For whom is Bitsoft 360 worthwhile?
After testing the platform for a while now, I have a clear idea of who Bitsoft 360 might be worthwhile for - and who it might not.
In principle, the platform is suitable for all types of crypto traders. Beginners benefit from the automation and ease of use. Advanced traders appreciate the extensive range of functions.
Especially Newcomers to crypto trading can quickly achieve solid results with Bitsoft 360. The bot does most of the analysing for you and allows you to "learn by doing".
But also experienced traders can benefit from the platform's speed and range of functions. The tools offer many opportunities to develop your own workflow.
However, Bitsoft 360 is less suitable for super-conservative investors. The volatile crypto market always entails a certain amount of risk. Anyone who has a problem with this may be better served by traditional asset classes.
Also Day traderInvestors who only trade on the basis of chart patterns and ignore fundamental data will not be happy with Bitsoft 360. Instead, the platform is designed more for long-term strategies.
Conclusion: Ideal for beginners and experienced traders. Less suitable for conservative, risk-averse investors.
Is Bitsoft 360 worth it? My final evaluation
Now that I have been testing the platform extensively for a few weeks, I can answer the question of my final judgement:
Yes, Bitsoft 360 is definitely worth it in my opinion!
The platform makes it easy to start trading cryptocurrencies. It's super easy to get started and you don't have to worry about much yourself.
At the same time, Bitsoft 360 also offers enough depth for experienced traders to implement their own trading strategy.
I really liked the combination of automation and my own trading decisions. I was able to utilise the strengths of the bot without giving up control.
The results achieved in my first live trades are also very promising. In my opinion, a return of over 40% in 2 months speaks for itself.
Of course, there is also room for improvement in the design of the interface and the support. But overall, the positive aspects clearly outweigh the negative ones.
In my experience, Bitsoft 360 is a great solution for beginners and advanced traders who are interested in crypto trading. You can get started with a manageable investment and still have a lot of options.
I will definitely continue to use the platform myself and see great potential to take my trading to the next level. Even if the markets remain volatile, I can trade in a relaxed and profitable way with Bitsoft 360.
If you are curious and want to discover the crypto market for yourself, I can therefore recommend Bitsoft 360 from my own experience. Try it out for yourself now with a free demo account - you won't be disappointed!
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.