Bitbot Review – What To Watch Out For With Crypto Bots?

As can be seen, the Bitbot platform was founded by Andrew Jacobs who has more than 7 years in crypto trading. However, his LinkedIn account doesn’t look representative for a founder of a legitimate business.

If that’s not a good sign to avoid them, there will be much more in this honest Bitbot review. So, make sure to read it until the end if you want to stay safe in the crypto world.

Bitbot Basics – What You Need To Know?

Bitbot is a non-custodial trading bot offering different trading tools through the Telegram integrated platform. The key benefit they are presenting is the traders’ full control of their assets. However, without adequate Bitbot reviews, it’s hard to say that’s how it truly works.

How Does Bitbot AI Work?

Practically, this company’s goal is to offer advanced trading tools that would make traders more profitable and motivate them to invest in proprietary tokens. Not to mention that the token allows integration with Telegram. 

But the key problem to that might be crypto rug pull, regardless of the Bitbot support of Ethereum and Solana.

What Are Rug Pulls and How To Protect Yourself?

When some company offers proprietary tokens, that means you are investing directly into a company. Sadly, we have faced numerous similar firms that have been offering similar deals and just disappeared at some point.

Simply, with rug pulls, teams pump project tokens before vanishing with your assets. Apparently, to protect yourself from these situations, the company offers KnightSafe decentralized security measures. Thus, without reviews about this safety option, it still remains a question whether it all works. 

Anyway, for more trading clarity, make sure to read our Peach Copy Trading review.

What Assets Can You Trade With This Bot?

Generally, the software apparently trades across all fields. However, the key focus is on cryptocurrencies. In the end, the goal is to raise as many Bitbot tokens as possible. 

The difference compared to similar companies is that the company changes the Bitbot price after raising a certain amount of money. But it’s hard to find out if that’s true unless you deposit with them.

Is The Bitbot Wallet Available?

As can be seen, the company doesn’t offer downloadable software for iOS or Android devices. Although this sounds bad, it’s not. After all, this company only integrates with self-custodial wallets. 

And that’s another potential issue: connecting your wallet with a potentially untrusted company. But to learn how to diversify good and bad ones, read our DRW review as well.

Additional Features Besides Bitbot Token

If you are into crypto trading, you will certainly understand the benefits of this AI tool. But in reality, if there’s no guarantee you will end up with profits, it’s hard to trust any of these. Apparently, the project has gone through the audit by Solid Proof. If that’s reliable enough, we will see. 

Anyway, Bitbot crypto trading features include options like: 

• Automated snipping
• Limit orders
• Copy trading
• Yield optimization

How Much Can Traders Earn From This Program?

In addition to using the AI tools the company offers, there’s also the Bitbot revenue share. As can be seen, Bitbot token holders get up to 50% of the company’s profits. Thus, you are only winning if the company is constantly growing. Currently, the price is $0.0134, while the price in the next phase will be $0.0141.

What Are Payment Options Available?

If you want to continue this journey, you will have a wide range of payment options, mostly crypto. You can pay with tokens such as ETH, USDT, and BNB, or buy tokens directly via credit card. 

If you are still unsure about these options, there are risk-free options in funded programs like Funded Trading Plus.

Bitbot Community

Even though the company has existed only since 2023, the Bitbot Telegram group already has more than 20.000 members. That’s quite a big number for something new. 

Yet, it can’t be compared to proven tools and companies. Also, that same community supports this company, so you get everything on one platform.

Should You Trust AI Tools Or Educate Yourself?

Trading in any investment category brings its risks into the calculation. That’s why understanding what’s happening behind the scenes can be crucial for your results. In general, if there’s not enough proof something is working, is it worth investing in? What if it fails? All these questions are quite common when traders are using AI tools. It takes only one mistake to lose everything.

Instead, it’s way better to learn how to trade properly and use advanced strategies to take advantage of the market. The best way is for regulated brokerages to offer the best tools and software. Still, you will need their real money. But before you become confident to invest there, you need to practice. And what’s a better method than the funded program?

With a wide range of advanced tools available, a fair profit share, and a great educational program, you can improve your results and confidence drastically. Therefore, don’t be lazy and check out the Funded Trading Plus program before you make a final decision. If you have any questions, you can always reach our specialists for advice.

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