The cryptocurrency market keeps growing, and trading in these profitable digital assets is one of the best decisions to change your financial status. But manual trading is not for the faint-hearted. The time traders spend before their screen monitoring and analyzing market trends to make accurate predictions is challenging. If you’re a manual trader, trading likely is all you’re doing. People with full-time jobs who start trading often do not make as many profits as their counterparts.
Fortunately, there are now tools that help make trading easier. There is trading softer like BitIQ that assists you through the trading process by trading automatedly with little or no contribution from the user. These robots can work all day long, making them the perfect tool for trading. Of course, before you start trading with BitIQ, you want to learn things like if it is easy to use, profitable, a secure trading platform, or ask the question, is BitIQ a scam or a legit app?
What Is BitIQ?
BitIQ is a trading software that leverages the power of artificial intelligence to predict crypto price changes. This trading bot scans the entire crypto market within milliseconds, generates about 100 trades in a minute, then detects profitable trades and executes them. BitIQ uses Natural Language Processing(NLP), a subset of Artificial Intelligence, to read human language. So the trading bot makes trading decisions by studying breaking news and historical price charts and detects which one will influence coin prices.
To trade with BitIQ, you don’t need technical know-how or trading skills. The processes come with simple instructions, and as long as you follow them, you won’t have any issues. The website also offers a cryptocurrency trading guide and a demo trading mode. First-time users should trade first in the demo trading mode to test the platform’s various features and learn how it works.
BitIQ Vs. Other Trading Robots
1. Bitcoin is entirely free to use and doesn’t charge for processes like registration or verification fees, even though it offers the same technologies and features as most other trading robots that charge for deposits, withdrawals, and even trades.
2. It Allows traders to choose from about 108 CFDs and allows pair trading. Other trading robots trade only specific crypto or a few popular ones.
3. Deposits and withdrawals are seamless and quick on this platform. The trading robot processes withdrawals in less than 24 hours—other trading robots process withdrawals in days.
4. Easy navigation provided by the super user-friendly platform making it easy for anyone without prior trading skills to trade successfully and profitably. Other trading robots can only be used by expert traders ss they have an overly complex interface, and users find them hard to navigate.
5. BitIQ has a straightforward registration and verification process that lasts only a few minutes and only the essential, necessary information. Other trading robots have registration processes that check and confirm users’ data days before authenticating the account.
Why BitIQ And Other Trading Robots Are Profitable
1. Trading robots have a 24/7 operation longevity and don’t have to sleep, eat, or rest like we humans, so you hardly miss any profitable deals while trading with robots.
2. Trading robots execute trades with more speed than humans because although humans take time to process, trading robots execute trades immediately and at the perfect timing.
3. Trading robots are not affected by human emotions like greed or fear but make decisions based on statistics and market variables.