Most traders entering the cryptocurrency markets tend to experience high volatility and often end up losing money when the bear market kicks in. However, BitAlpha AI offers traders with an AI algorithm software that automatically makes new trades by scanning the markets.
This guide reviews BitAlpha AI – a crypto trading bot that makes investing much simpler in the volatile digital asset markets.
BitAlpha AI Overview
Before analyzing how this crypto bot works and the platform’s top features, let’s quickly check out some of the key offerings of the BitAlpha AI platform.
| Type of Platform | Crypto Trading Multi-Asset Platform |
| Cryptocurrencies Available | BTC and other Cryptos |
| Withdrawal Speeds | 2 hours for Withdrawals |
| Minimum Deposit | $250 |
BitAlpha AI Platform: Explained
Auto trading bots in the cryptocurrency sector have been emerging as a new and simpler method to invest in these high-risk markets. In the case of BitAlpha AI, this robot crypto trading platform deploys software that manages to scan the markets.
With the BitAlpha AI software, the platform looks for the best possible time to open and close cryptocurrency positions. According to the BitAlpha AI website, investors can trade Bitcoin (BTC) and more than 20 top altcoins.
Joining BitAlpha AI requires completing a quick registration form, after which investors can make a minimum deposit of $250. Furthermore, the platform claims to offer a demo account to test out the software with virtual currency. Since BitAlpha AI requires interested users to deposit to access any of the platform features, we cannot verify the claims made by BitAlpha AI.
Pros and Cons of BitAlpha AI
Pros
- Simplifies crypto trading with the auto trading AI
- Access an AI algorithm without any additional fees
- Fast withdrawal times
- Instant crypto cashouts available
Cons
- High minimum deposit of $250
- No public information on the platform founders
How does the BitAlpha AI Platform Operate?
The BitAlpha AI platform is a crypto trading bot that lets traders invest in cryptocurrencies in a simpler manner. BitAlpha AI deploys its proprietary AI trading software – which automatically conducts cryptocurrency trades on behalf of platform users.
The BitAlpha AI website claims to use high-frequency trading tools such as API keys to generate transactions with a success rate of 80%. However, we cannot confirm this claim without joining the website after making a minimum deposit of $250.
The crypto trading software scans important market information such as technical and fundamental charts at high speeds, before identifying the best trades to make. Investors can customize their preferred risk settings to begin trading.
For example, the crypto trading bot will suggest various positions and levels to the investors to choose from or make the trades automatically on behalf of the user. Depending on your preference, BitAlpha AI claims to even support 24/7 trading.
BitAlpha AI Top Features:
The sections below discuss some of the top features being offered by the BitAlpha AI crypto platform:
Easily Accessible
The BitAlpha AI platform can be accessed by visiting the website and creating an account. After depositing $250, the BitAlpha AI software can be accessed by investors. According to this trading bot crypto platform, traders can access the services via a desktop and mobile app.
Customization Options
The BitcoinAlpha AI bot claims to allow investors to customize their preferred settings, after making the initial minimum deposit and logging onto the platform. Traders can customize their risk parameters and choose the asset classes they choose to invest in.
Furthermore, the AI bot’s autonomy is another option that can be customized. Investors can choose the trading bot to scan the markets and provide them with various new open positions to choose from. However, platform members can also give the trading bot complete control and allow it to open new trades without needing human intervention.
Deposits
Notably, BitAlpha AI claims to support crypto and fiat currency deposits. Investors can begin trading by depositing $250 using payment methods, including credit/debit cards and bank transfers. However, the platform also claims to allow crypto transfers from different crypto wallets.
This is convenient for any investor looking to transfer money from one crypto wallet to another.
High Winrate
According to the BitAlpha AI website, the trading bot can generate an average win rate of 80%. This number is very high, considering the amount of risk and volatility investors typically observe while trading cryptocurrency.
However, the lack of transparency before making a deposit does not allow us to confirm this success rate. We recommend that traders invest cautiously and only what they can afford to lose.
BitAlpha AI: Platform Costs
One of the advantages of investing with BitAlpha AI is the lack of platform costs. Once new investors have created an account and deposited funds, they can access the proprietary software free of cost.
Furthermore, BitAlphaAI does not claim to charge any subscription fees or trading fees for using their services either. Again, we cannot confirm these claims since we do not have access to the crypto trading bot’s platform.
| Trading Fees | None |
| Account Fees | None |
| Software Cost | None |
Is BitAlpha AI a Scam or Legit?
Due to the range of crypto trading AI robots available in the markets, it is hard to examine whether or not these platforms are scams or legit. With BitAlpha AI, our review has explored the different features available to users.
For example, investors can use demo accounts to test strategies and access the trading platform without investing any real money. This is a beneficial feature for those unsure about the platform’s capabilities. But, we cannot confirm the features available on BitcoinAlpha AI without making the minimum deposit of $250.
On the other hand, BitAlpha AI offers features such as customized setting options and no account fees to offer benefits to the investor. Therefore, we recommend all interested readers check out the BitAlpha AI website and make a decision on whether they wish to invest with this platform.
BitAlpha AI Elon Musk
There has been speculation that BitAlpha AI has been linked with Elon Musk and his company, Tesla. However, we have not managed to find out any information pertaining to this matter. As per our analysis, BitAlpha AI is a separate entity that simply offers crypto trading services to investors via its AI algorithm.
How to Begin Trading with BitAlpha AI
Below are the steps to getting started trading with Bit Alpha AI:
Step 1: Create an Account
Visit the BitAlpha AI website and begin the registration process. Enter your full name, email address and phone number to continue.
Click on ‘Register Now’ to create an account with BitAlpha AI.
Step 2: Deposit Funds
As mentioned above, traders can deposit a minimum of $250 or more to start accessing the BitAlpha AI software. The deposit methods include credit/debit cards or bank transfers.
Step 4: Trade
Investors can now customize their preferred trading options by choosing their tradable markets, risk parameters and more. The software claims to use an automated scanner, which scans the markets once it’s set live.
Conclusion
This guide has reviewed the key features and functionalities of BitAlpha AI – an automated trading platform that makes crypto trades using its AI algorithm-based software.
We recommend investors visit the BitAlpha AI website and conduct their own research before investing any funds.
FAQs
What is BitAlpha AI?
BitAlpha AI is an automatic trading robot that opens and closes crypto positions on behalf of the user. By scanning the markets and conducting technical and fundamental analysis, the software analyzes the best time to make new trades.
How do I Begin Trading with BitAlpha AI?
Interested readers can visit the BitAlpha AI website and create an account by filling in a registration form. The next step is to deposit $250 or more, customize your settings and begin trading.
Who are the Founders of BitAlpha AI?
After researching this platform, we found no information about the development team or the founders of BitAlpha AI.