Bitcoin News Trader Scam Or Not
As soon as you decide which recommendation you wish to follow you will then, need to log into a broker’s website and place a trade on their platform. As already mentioned in step 2, you got an allocated broker and you had to place a deposit on that broker’s website. It should be noted that if you have already an account with a broker then, you won’t be able to use the software unless you use the broker allocated by the software. We wouldn’t be happy about this, generally, but since Bitcoin News Trader can stay free this way then, it is a win-win situation for the customer as well so that traders can use all their deposit for trading purposes only and not having to worry about paying a fee for using the software.
Another cool feature of using Bitcoin News Trader is the fact that it additionally, offers some news alerts to trade Forex pairs as well as other assets. However, we didn’t get to test these signals for the reason that our allocated broker offered only cryptocurrency assets. Kindly note that the Forex dashboard works in the same way as the one for cryptocurrencies.
Support is a very important aspect of trading and Bitcoin News Trader offers a high-quality support. For example, if new traders do not understand how the broker account relates to their Bitcoin News Trader account then, they can get help from the support department. In addition, if they have any issues with registration or with broker allocation they can contact the support team as well. Lastly, as already mentioned, traders should contact their allocated broker if they face any problems while trying to make a deposit or a withdrawal as well as if they need some trading instructions.
We did not receive any complaints about Bitcoin News Trader scam. Please note that Bitcoin News Trader is only a software and for this reason as already stated above, any issues regarding deposits and withdrawals should be handled by the broker. What is more, anything related to the payments system should be addressed by the broker as well since trading is placed on the broker’s platform directly. It should be noted that we couldn’t check all the brokers they have because each country has its own best broker depending on the allocated market.
Deposits can be made by a credit or debit card as well as by a bank transfer and e-wallet depending on the country. Please note that the minimum deposit is set to $250 by most brokers, based on our experience.
Please take into consideration that brokers will ask for KYC documents so that they can verify identity. In the event of withdrawal brokers might request additional documents such as scans of ID, a utility bill or any other sort of documents before they grant a withdrawal.