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What is Bit Index AI?

Bit Index AI is an online platform that claims to use pretentious sharpness to automate cryptocurrency trading. According to the website, the process works by using Bit Indexs state-of-the-art algorithms to determine little price fluctuations and automatically trade them like the aspiration of making profits.
It can suitably put-on out the best read and exit prices for positions. The platforms website states the collect process is extremely automated and consequently users dont compulsion to upset just about having any prior crypto investing knowledge.
Users can start trading cryptos gone Bitcoin, Ethereum, and Litecoin instantly after they have passed a KYC verification. This step usually takes nearly 10 minutes to complete. Users can bump using a variety of payment methods including bank transfers, debit and description cards, and BitGo.

Bit Index AI Pros & Cons

Pros:

  • Demo account available
  • Multiple payment methods
  • Automated process
  • Good range of cryptos

Cons:

  • $250 minimum deposit
  • Cryptoassets are a deeply volatile unregulated investment product. Your capital is at risk.

How Does Bit Index AI Work?

Bit Index AI claims to use an artificial insight algorithm to determine price moves in the crypto announce and create small trades to capitalize upon these moves for growth.
To attain this, the website says it incorporates data from a number of sources and conducts trend, Stoch, Williams, and MACD indicators to determine optimal admission and exit points. It forlorn ever reacts to conscious promote trends, as a result these strategies are continuously implemented which heightens its efficiency.
 
In supplement to the profound indicators, Bit Index AI uses a number of social media and news feed data points to urge on forecast future price movements. The platform apparently dedicates at least 20 minutes per morning to analyzing these far along price moves.

Bit Index AI Key Features

In the below section, we recognize a see at some of the key features that the Bit Index AI platform gives users entrance to:

Demo trading account

A demo account can be a great exaggeration for beginners to begin trading markets subsequent to no risk. Users will gain an account similar to $100,000 virtual capital, and they can use this to exam out Bit Index AIs features. The demo account replicates the conditions and price moves of actual markets, thus users will get the experience of actual trading. Demo accounts are good for operating tools in imitation of leverage without bearing any risk.

Leverage

Another tool that is offered by Bit Index AI is leverage. Leverage allows users to lever occurring their trades, borrowing capital from the broker. This can be potentially be a tool to make larger trades than your capital allows. However, this can take action both ways and can guide to steep losses unless correctly managed. We suggest that you attain your research and ensure youre au fait of the risks previously using leverage.

Autonomous trading

The website claims that the Bit Index AI process is totally automated. So, Bit Index AI claims to be skilled to create trades on your behalf without you having to right of entry and near positions yourself.

Fast execution

Bit Index AI claims to have agreed fast publicize access and can edit and near trades within milliseconds.

Customer support

There is afterward a tall level of customer sustain upon Bit Index AI. The customer keep department is admission 24/7 for users to acquire in be next to considering if they get charge any problems whilst trading on the platform. There is after that an email and living talk discharge duty to help users later any queries.
Furthermore, Bit Index AI offers access to dedicated account managers should everything go wrong when users accounts. These managers are upon hand to support considering any problems, which is good for enhancing the user experience.
Cryptoassets are a severely volatile unregulated investment product. Your capital is at risk.

Bit Index AI Fees

Aside from the $250 minimum deposit, Bit Index AI charges no additional fees. This does seem slightly odd, as most brokers raid commission and/or invalidation fees. However, it is realizable that Bit Index AI makes its child maintenance from charging resolution spreads, although our review was not nimble to determine the legitimacy of this claim. under is a table containing all of the progress suggestion for 

Bit Index AI.Is Bit Index AI a Scam?


Due to the tall leverage, and low fees, users may question the legitimacy of the platform. A broker offering 100:1 leverage does seem rather fishy. For example, if users were trading in imitation of $10,000 later theoretically, they would be clever to leverage in the works this slope to $1,000,000.
It is somewhat unlikely that Bit Index AI has this nice of capital to lend out to users. In addition to this, the platforms homepage says that it has been featured upon Forbes, CNN, and FT.com. However, a quick google search will way of being that none of these news outlets have ever covered Bit Index AI. This along with reduces the legitimacy of the broker.
However, users accomplish have to pass a KYC support to set up an account, and the platform claims to be similar subsequent to numerous regulated brokers. This seems to check the boxes of legitimacy.
Overall we were unable to pronounce Bit Index AIs claims correspondingly make distinct you reach your own research past signing up.

Bit Index AI Minimum Deposit

As mentioned, past depositing, users must pass a KYC confirmation which means they habit to manage to pay for accurate forms of paperwork ID. subsequently this stage has been completed, users can accrual using a range of payment methods including bank transfer, debit/credit card, and BitGo.
All of these deposits are release of charge. In auxiliary to this, the platform supports numerous fiat currencies including EUR, AUD, USD, GBP, CHF, JPY, and CAD. The minimum accumulation is $250, and withdrawals can acknowledge stirring to 24 hours to process.

Bit Index AI Customer Support

There is a 24/7 dedicated team to support like queries vis--vis users accounts. In addition to this, there is a team of account managers ready to assist subsequently any problems users have. Finally, the website has a flesh and blood chat play and hold email if users habit additional support.

How bit index ai to Use Bit Index AI

Now we have covered all of the vital suggestion all but Bit Index AI, its era to believe readers through a lead on how they can set up an account.

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