Crypto Code Review
When Bitcoin was released by Satoshi Nakamoto, few people were familiar with the new currency. Very few took the new release seriously and so only a few investors decided to invest in Bitcoin.
Almost ten years later, things look completely different. The value of Bitcoin peaked at the end of 2017. A number of trading platforms became popular during this time. However, the hype surrounding Bitcoin levelled off almost as quickly.
Investors incurred losses and some suddenly realised that cryptocurrencies also harbour a certain amount of risk.
Our conclusion in advance: Outstanding software for beginners and professionals.
If you want to make real profits today, you have to invest a lot of time as well as a lot of money. This is why some trading platforms have programmed intelligent crypto robots that take over trading completely automatically as soon as the investor has entered the appropriate settings.
One such programme is Crypto Code, which has become increasingly popular in recent years. But what is behind it? And can you actually make a profit with a crypto bot?
How can you benefit from Crypto Code?
If you want to benefit from Crypto Code, you will need to create an account with the platform. To do so, first go to the official Crypto Code website and fill out the form.
This will give you a licence to trade cryptocurrencies on the platform. You will then be guided through the registration process by appropriate instructions - and you can start trading.
What is Crypto Code?
Bitcoin can be traded on the Crypto Code platform. There are many platforms of this type online. However, not all of them are reputable. In the past, there have already been some providers who have deceived their customers.
Ultimately, however, there are also a whole range of reputable providers - including Crypto Code.
Not only can deposits and withdrawals be carried out without any problems. The platform is also extremely easy to use. What is unusual about the offer, however, is that Crypto Code provides you with a fully automated programme.
As soon as you have set this up in your interest, it will trade completely independently for you. As the programme reacts to price fluctuations within milliseconds, you can achieve much greater success than with manual trading.
How does the registration with Crypto Code work?
It doesn't take much to register with Crypto Code. Once you are on the provider's homepage, enter your personal details in the form provided. You will need your first and last name, your e-mail address and your telephone number.
Then enter a personalised password. You will then receive a confirmation code by e-mail, which you enter on the next page when you log in. Now your registration is complete and you will immediately be taken to the overview screen of your account.
Now you can choose whether you want to try out Crypto Code first or start trading straight away. If you decide in favour of the latter, you will be asked to top up your credit account. You will need at least 250 US dollars.
However, there are no upper limits. Allowed payment methods here are credit card and PayPal - this makes topping up particularly quick. However, you can also pay by Vload, Bitcoin or Interkasse.
How does automatic trading with Crypto Code work?
You basically have the choice between automatic trading, i.e. auto trading, and manual trading, i.e. ordinary trading. If you opt for the normal variant, you do not have to do anything other than trade as you would on any other Bitcoin exchange.
Wait for a particularly favourable time and buy bitcoins. Then, when the price rises, sell them again and make a good profit.
However, you spend considerably less time with the Auto Trade. All you have to do here is make a few settings according to which the crypto bot will later invest.
Specify whether you want to trade with low, medium or high risk, the maximum number of times the bot should trade for you and the amount it is allowed to stake on each individual trade. You can also enter the profit you want for each trade.
If you decide that you want to carry out a maximum of two automatic trades with medium risk, each purchase should be 100 dollars and the profit per trade should be 150 dollars, this is already a good start.
Now click on "Start Auto Trading" to activate the robot. It then buys bitcoins for 100 dollars at a favourable time. As soon as the price has risen so far that your profit is 150 dollars, it sells again.
Is Crypto Code a money-making machine?
Crypto Code is not a money-making machine, that's for sure. However, the algorithm that works in the background is very intelligent. It reacts to the smallest price fluctuations and can therefore realise high profits.
However, the programmers understandably do not disclose exactly how the technology works. However, the website advertises that this is the best software on the market to date.
In addition, it is said to be 0.01 seconds ahead of the market - an enormous advantage in trading. It is also stated that the accuracy of the programme's predictions regarding upcoming fluctuations is 99.4 percent.
That is also an amazing value. However, don't forget that software such as Crypto Code can also speculate. Therefore, only ever deposit enough money to cover your losses and check the bot and its operation regularly.
Can you become a millionaire with Crypto Code?
The provider of Crypto Code states that a maximum of 13,000 euros can be earned per day. If you extrapolate this amount, you could theoretically generate more than 100,000 euros within eight days.
Within 80 days, that would be more than one million euros. However, you cannot assume that you will win 13,000 euros every day. To achieve this maximum, you have to take a high risk and stake large amounts.
Of course, there is a risk of losing a lot of money in the process. In this respect, it may be possible to earn the maximum one day - but it is unlikely that this "lucky streak" will last for a long time.
However, if you continue to educate yourself in the field of cryptocurrencies and regularly check and optimise the settings of the robot, you can generate a handsome income.
What do the programmers of Crypto Code earn from the platform?
Unlike other platforms, the programmers of Crypto Code do not earn anything when you register there. Registration is completely free, as is trading itself. However, if you make a profit, Crypto Code pays a commission of 13 per cent.
Only the profit is actually taken into account - in this respect, the programmers are also very interested in you making a profit. Of course, the software has to work well for this, which in turn is the responsibility of the programmers.
Claims, as you may have already read, that Crypto Code is a pure rip-off can therefore hardly be true. After all, the trading platform only benefits if you also benefit from the bot.
How does the payout work at Crypto Code?
As soon as you have made a profit, the 13 per cent fee will be deducted immediately. You can then withdraw your winnings immediately by requesting a payout on the site. Your winnings will be transferred directly to your bank account.
However, the profit cannot be paid out in Bitcoin. The payout is usually made within 24 hours.
Tips for trading Crypto Code
With the following tips, you can not only maximise your profits, but also learn about the tax background to Bitcoin trading.
- Tip: Even if large winnings seem worthwhile, you should initially place small bets. This will minimise potential losses.
- Tip: Pay out your profits regularly. This way, the bot can no longer use them for trading and you have the money safely in your bank account.
- Tip: Find out in detail how trading with the bot works. This will allow you to optimise the settings so that your profits are ultimately higher.
- Tip: To start with, it makes sense to use the demo version of the system. Here you can learn how to use the software. You can also try out new strategies.
- Tip: Don't forget that trading in cryptocurrencies is taxable. It is therefore essential that you declare your profits in your tax return.
- Tip: In order to be able to declare winnings to the cent for tax purposes, we recommend that you keep a precise record of deposits and withdrawals.
The bottom line on Crypto Code
The clarity and simplicity of Crypto Code is hard to beat. Even beginners will find their way around very quickly. However, it is always advisable to gain initial experience in the demo version.
It also makes sense to acquire specialised knowledge by watching various videos on the Internet about how the robot works. This ultimately increases the chances of making better profits.
The profitability stated by the provider appears to be very realistic. It can also be assumed that Crypto Code is a very reputable programme for investing.
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.