Crypto Genius: Scam or Legit Trading Robot?
The app claims that it possible to earn up to $5000 per day using this robot. You do not need any trading experience to use it since it’s entirely automatic. However, this is not to mean that it is risk-free. crypto genius has a reported accuracy level of 99%. In this review, we will look at some of the aspects of crypto genius and we will also offer tips to help you get the most out of this bot.
Is crypto genius Legit?What Is crypto genius?How Does crypto genius Work?How To Open An Account With crypto geniusStep 1: SignupStep 2: DepositStep 3: Demo AccountStep 4: Live Tradingcrypto genius: Key FeaturesHow To Make The Most Out Of crypto geniusIs crypto genius Legit?Is crypto genius Legit?How Much Should I Deposit With crypto genius?How Much Can I Make With crypto genius?Can I Withdraw My Money From crypto genius?
Is crypto genius legit?
crypto genius alleges a legitimacy score of 99%
crypto genius scores highly in customer service and safety – Legit robots must be secure and have excellent customer services
crypto genius allows users to withdraw their money whenever they need it – All transactions allegedly happen within 24 hours
crypto genius seems to be a legit trading bot founded by Chris Peterson, a trading guru and software engineer. Peterson is a well-known individual in the circles of algorithmic trading and has won various awards. His worth is estimated to be in the tune of a $500 million, his critical investments being trading algorithms.
The crypto genius bot is one of his most successful products. Our investigation reveals that there are a lot of success stories about this trading bot. Those who have tried it report making enormous profits from the first hour of trading.
Regarding legitimacy, we find this bot legit. It seems to have high-level transparency, a good reputation, excellent customer service, and a safe platform. InsideBitcoins takes into account five factors when determining the legitimacy of a trading bot. These include transparency, reputability, consistency customer service, and safety. Read our Bitcoin Robot 2019 review to learn more about our rating .
What is crypto genius?
crypto genius is a trading algorithm that trades bitcoin and other cryptos. This robot allegedly applies high-frequency trading strategies to profit from rising and falling crypto markets. Moreover, it is fully automatic meaning that you do not need any trading experience to use it. An in-depth analysis of reviews on the site shows that most traders claim to make between $700 and $1500 per day.
As mentioned previously, this bot is 100% automatic. We recommend that you read a review of Cryptosoft if you are looking for a semi-automatic robot. Fully automatic robots do not require traders to have any trading experience to use them. However, semi-automated ones may require specialized skills.
Additionally, fully automated robots do not require a lot of time managing accounts. With crypto genius, all you need is 20 minutes per day. The role of the trader with this robot is to open and close trading sessions and harvest profits. Also, user testimonials recommend that you close all trading sessions at the end of each trading day. Furthermore, ensure that you harvest profits as soon as you earn them unless you want to reinvest them. Leaving your earnings in your account means that they get reinvested which means more risk.
When it comes to trading platforms, crypto genius provides an entirely intuitive web-trader. This means that you do not have to install any software. The web-trader is mobile friendly meaning that you can monitor your account straight from your smartphone.
How does crypto genius work?
crypto genius applies the strategies used in high-frequency trading in stock and forex markets. These strategies involve the use of big data to inform trading decisions. Trading algorithms are more accurate than human given that they can analyze massive data within a fraction of a second and execute trades. The dependence on big data allegedly means more accurate trading decisions.
Robots such as crypto genius can do both the fundamental and technical analysis. In fundamental analysis, the bot identifies tradable news as they emerge and places corresponding trades. Case in point, if a particular exchange is hacked and crypto prices are plummeting, the robot detects this news early and executes the strategies that make money in falling markets. Technical analysis, on the other hand, involves deriving insights from historical data.
High-frequency trading claims to generate enormous profits since it capitalizes on every opportunity that present. This explains why top crypto robot reports making huge earnings per day. Furthermore, algorithmic traders also enjoy leverage the same way traditional traders do. User testimonials allege that crypto genius partners with regulated and reputable brokers. These brokers are responsible for providing leverage and facilitating transactions. With such brokers, traders have an assurance that their deposit is safe. The role of a regulator is to ensure that brokers do not misuse traders’ deposits.
How to open an account with crypto genius
The account opening process with crypto genius is a simple and secure one. The website claims to have a secure signup process by the measures undertaken to protect users’ data. crypto genius website and trading platform has SSL certification and is therefore safe from a data breach. Secure Socket Layer (SSL) is a protocol that ensures that all data passing through a platform is encrypted and cannot be read by hackers.
crypto genius alleges that it does not share users’ data with third parties. Scam robots are known to share data with other scammers without the consent of the data owner. Furthermore, crypto genius should handle billing data with care and securely. Proper data protection measures require platforms to dispose of users’ sensitive data after use.
When it comes to password policy, crypto genius has measures in place to ensure that users observe safe password practices. This is very important given that most cyber attacks begin with poor password practices.
to fill a registration form on the crypto genius website. You will need to fill in details such as name, email, and phone number. As mentioned previously, crypto genius alleges that it does not collect unnecessary client information. It also does not share users’ information with third parties.
InsideBitcoins finds the signup process to be easy and fast. It takes less than three minutes to go through the process. Their website is highly intuitive and loads fast. crypto genius is only available in select countries. Try the signup process here to determine if it is available in your country.
After signup, you are taken to the deposit page. You need to deposit to access the web-trader. crypto genius accepts deposits through Visa, Master Card, Wire Transfer, Bitcoin, Maestro, Neteller, Web Money, and Skrill. Other methods may be accepted depending on the partner broker.
The minimum deposit needed to trade with this robot is $250. Please note that this amount is the trading capital and not the cost of the robot. crypto genius does not charge any license fee. However, there is a likelihood that a fee will be introduced in the future as the number of users continues to grow. Many traders have grabbed the opportunity now to get a free account.
crypto genius provides a demo account to help traders familiarize with their trading platform before live trading. This account has all the features found in the live trading platform. It is important to note that the profits and losses received through this platform do not reflect what you will get in live trading. The crypto genius demo platform is for illustration purposes only.
After familiarizing yourself with the platform through the demo account, you will be redirected to the live trading platform. Here, all you need to do is to open and close trading sessions and hopefully harvest profits. You also have an option to try different trading strategies. As mentioned earlier, crypto genius is a fully automatic trading robot. This means that it does all the research and trades execution.
User experiences report that it is possible to make a profit of up to $1k per day with a deposit below $500. High-frequency trading strategies are claimed to be highly profitable in all markets including crypto genius: Key Features
How to make the most out of crypto genius
Even though crypto genius is automatic, there are several things that a trader can do to get the most out of it. These include:
Follow market news – Knowing when high volatility is expected will help you know when to open and close trading sessions. According to the app, opening a trading session during high volatility means high profitability.
Different strategies during different market events – The crypto genius robot allow users to select trading strategies. Try all the strategies during varying market events to determine which works better when.
Monitor your account regularly – crypto genius recommends that you monitor your account for at least 20 minutes per day. However, user testimonials recommend that you check your trading account after every two hours. Traders claims that this will ensure that you lock-in profits.
Do not leave positions open overnight – Close trading sessions at the end of each trading day. Leaving positions open overnight may result in huge losses at the opening of the markets the following day.
Is crypto genius legit?
crypto genius appears to be a legit robot. crypto genius discloses all the crucial details including legal registration and the identity of the founders. This means that they are ready to take responsibility for their platform. We recommend that you start with the minimum deposit of $250 and add capital when you are comfortable with the platform. You can start trading by clicking the trade now button in the table below. As always, remember there is a risk of losing your capital – do not invest more than you can afford to lose.
Remember that all investment opportunities carry a certain risk. This especially applies to cryptocurrencies, which are still relatively young in the financial markets.
FAQ
Is crypto genius legit?
InsideBitcoins test reveals that this robot appears highly legit. An in-depth analysis of users’ reviews reveals that most people are happy with this platform.
How much should I deposit with crypto genius?
crypto genius requires a minimum deposit of $250. Start with the minimum deposit and add capital later.
How much can I make with crypto genius?
Users claim that you can make up to $5000 in profits through this robot. The majority of traders report making an average of $1500 per day.
Can I withdraw my money from crypto genius?
crypto genius allows traders to withdraw their money whenever they need it. All you need to do to withdraw is to fill a form provided on their website. With this robot, transactions happen within 24 hours.
Remember, all trading carries risk. Past performance is no guarantee of future results.
Article InfoAuthor: Patrick WebberLast Updated: 17 June 2020Avatar
A cryptocurrency and trading writer and editor, I specialise in algorithmic trading. I’ve written about every type of automated trading tools - from cryptocurrency robots, binary option robots, down to robo advisors. My goal is to write honest reviews about automated trading tools in order to help users understand which software are trustworthy and which ones they should stay away from. I am constantly analysing and scrutinising the up and coming trading apps so if you are seeking advice or if you would like me to write a robot review in particular don't hesitate to get in touch – I’m happy to help!
I am doing pretty good on crypto genius and I have made quite a large amount of money too. Now I’m thinking to go all out on crypto genius and invest all my money in it. Should I do this?
Comments
Post a Comment