Whatโโโโโโโโโโโโโโโโโs Bitcoin Cycle?
Itโโโโโโโโโโโโโโโโโs a trading platform which makes trades for people. Even a beginner can make money with it, since all the user has to do is deposit some cash and set preferences for the robot to trade with.
Nevertheless, anyone can lose money on the Bitcoin Cycle website, because robots arenโโโโโโโโโโโโโโโโโt absolute and make mistakes. Keep on reading for the main pros and cons of the program and useful info about its working process.
Pros and cons
Pros
- Withdrawal from the site is quick and done within 24 hours from the request.
- Sign-up process is simple and registration can be passed within minutes.
- Customer support works 24/7 to answer all of your questions
- The accuracy of the trading bot is about 98%, making it safe.
- A good number of financial instruments to suit even the pickiest traderโโโโโโโโโโโโโโโโโs tastes.
Cons
- The program requires a deposit for account activation.
- The graphs are filled with less indicators than on some other platforms.
Bitcoin Cycle software, how does it work?
The software of the platform works on sophisticated algorithms which help it determine when to enter and close the trades. The app looks at the fluctuations in the market and depending on this price action can make a trade.
The bot works on its own, but you can also set some preferences for it on the Bitcoin Cycle website. For example, you might want to set some stop-losses or stop-limits and that is fully available to be done.
First steps, or how to join Bitcoin Cycle
If you want to use the trading app, you need to pass the Bitcoin Cycle registration procedure. Itโโโโโโโโโโโโโโโโโs quite straight-forward, but still needs to be explained in some parts. Hereโโโโโโโโโโโโโโโโโs a detailed guide on how to sign-up on this auto trading app.
The form
Firstly, you need to provide some of your personal information to the site. To be precise itโโโโโโโโโโโโโโโโโs your full name, email, password and a phone number. Enter only real data to be able to verify yourself later on.
Once you complete the form, whatโโโโโโโโโโโโโโโโโs waiting for you is the identity verification. To pull through this step, you verify your phone number by receiving an SMS or call with a code. Then, you send the website a photo of one of your documents, like a passport and thatโโโโโโโโโโโโโโโโโs it.
The deposit, how much and how you can make it
The final thing to do for account activation is make a deposit. It might sound unreasonable, but the website needs to know you have the cash for trades and if youโโโโโโโโโโโโโโโโโre a real person too. Besides, the minimum amount is just $250, so almost anyone can afford to pay.
To complete the transaction, you can use Visa, MasterCard, Paypal, Skrill or Venmo as a payment option. Remember to consider the fees before choosing a banking option. Once you make the payment, your account at the Bitcoin Cycle app is activated.
Trading at Bitcoin Cycle, small tips
Now, you should log in to Bitcoin Cycle and take a look around the user-interface to get fully accustomed to it. Once you feel comfortable, you can begin trading on the site. Here are some small, but useful tips for trading on the platform.
To begin with, set stop-losses for the bot before starting a trading session. This minimizes your losses in case the bot makes a mistake. Also, donโโโโโโโโโโโโโโโโโt trade at night-time even though itโโโโโโโโโโโโโโโโโs available. Thatโโโโโโโโโโโโโโโโโs because the market is more volatile at such times.
Security on the Bitcoin Cycle trading platform
To be able to trade with a site, you need to know if it can protect you from frauds. Bitcoin Cycle isnโโโโโโโโโโโโโโโโโt a fake and has enough protection systems to make sure your money is in safety. Here is a list of these modern mechanisms.
Verification system
The very first technology which comes into play on the site is the verification system. Once you fill out the form to begin the registration, it turns on and checks if youโโโโโโโโโโโโโโโโโre a real person or a robot by looking through your entered details.
If the machine detects a robot, the site bans such an account and a profile canโโโโโโโโโโโโโโโโโt be made from that same IP address anymore. It works without fail, so donโโโโโโโโโโโโโโโโโt worry about being mistaken for a bot.
SSL encryption socket layer
The most meaningful technology which makes Bitcoin Cycle reputable and the safest is the SSL security socket layer. It encrypts your data and sends it to a firewall, protected by many layers of security.
This high-class protection system is used by many famous websites and puts the trading platform on the same level of security as them.
Payout machine
Itโโโโโโโโโโโโโโโโโs a technology for paying you out money, or taking some off your balance after every trading session. Such work could be done by a real human, but itโโโโโโโโโโโโโโโโโs too responsible and canโโโโโโโโโโโโโโโโโt have any mistakes in it, since trading involves huge sums of money.
Negative Balance Security, or NBS
Leverage is a dangerous ability to borrow more money from a broker than you might have deposited. In the worst cases, it might even lead to debt. Thatโโโโโโโโโโโโโโโโโs exactly where the Negative Balance Security comes into play at Bitcoin Cycle.
Deposit and withdrawal on the Bitcoin Cycle app
An important step which should be carefully examined is the deposit and withdrawal. Hereโโโโโโโโโโโโโโโโโs some detailed information on the banking methods on the Bitcoin Cycle website.
Banking methods
To deposit, you can use MasterCard, Visa, Skrill, Paypal, or Venmo. When choosing, pay attention to the fees and deposit times for each of the options if you want to have a fast deposit with little money taken away from it by fees.
To withdraw, there is MasterCard, Visa, or Bitcoin. Choose the method to your liking, but know that Bitcoin transactions and fees are smaller than with debit cards.
Cash transaction security
All transactions on the Bitcoin Cycle app are under protection by the SSL security mechanism. It encrypts the data during them and hides it from frauds, so that payments go smoothly.
Payout speed
Bitcoin Cycle payout speed is very fast compared to other trading platforms. The website pays out money within 24 hours from the request.
Customer support on the Bitcoin Cycle website
Bitcoin Cycle isnโโโโโโโโโโโโโโโโโt a scam, since it has a wonderful support team, helping people whenever they have any troubles. Hereโโโโโโโโโโโโโโโโโs information on their work-time and how you can contact the help team.
Quality of the support team
No matter the time, support answers the questions with high-pace and quality. All of the given answers are full of information, with no water included.
Work time and responsiveness of support
The support on the Bitcoin Cycle app works 24/7 to help people in different time-zones immediately. To get in touch, you can use the live-chat on the site, or an email address.
Nowadays, the crypto industry is progressing more and more and the peak is yet to be seen. Automated trading is a new field, where people can earn money day and night. Grab the opportunity and try out the Bitcoin Cycle trading platform while you still can.
