Bit Index AI Review – Is it SCAM?

Last Updated: 18 March 2023

Bit Index AI Summary

Let’s start off our Bit Index AI review with an overview of everything you need to know about this automated trading software:

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Bit Index AI Review

The crypto market is experiencing a surge in the number of investors, especially after the pandemic. Likewise, several new platforms have been introduced to make crypto investing convenient and simple for investors. Bit Index AI is an artificial-intelligence-powered crypto trading platform facilitating tools and features to buy and invest in cryptocurrencies.

The platform allows users to invest in cryptocurrency less than 10 minutes after KYC and profile creation. However, like most online platforms, it’s necessary to check the authenticity of Bit Index AI before using it. In this article, we’ve provided an honest Bit index AI review to help you make an informed decision on whether to use this platform or not.

What is Bit Index AI?

Bit Index AI is an AI-powered crypto trading robot that helps investors make more money. The platform identifies the best entry and exit times in the market for investors to gain huge profits. It provides a user-friendly interface for users to navigate and find profitable cryptocurrencies effortlessly.

Bit Index AI offers various payment options for users to invest in cryptos. You can make a minimum deposit of $250 using VISA, American Express, MasterCard, etc., and begin trading using the Bit Index AI platform.

Is Bit Index AI legit?

Due to the increase in online fraud and scams, it’s mandatory to determine the authenticity of online platforms before using them, especially when you use them for trading and investment, since these platforms require your personal and bank details.

It’s no surprise that users are in doubt about Bit Index AI’s authenticity. Bit Index AI software offers various trading strategies and features to simplify crypto trading. Besides, Bit Index AI claims to provide traders with an 85% return on investment. These facts are hard to believe, but after checking online reviews about Bit index AI, we conclude that it is a legit platform. Several users have also provided testimonials along with proof of their earnings.

Is Bit Index AI Regulated?

Most cryptocurrency trading platforms are regulated and partnered with regulated brokers. You can find the regulation information on their website. However, the Bit Index AI app is not regulated. It also partners with some unregulated brokers and exchanges. There isn’t any information regarding its regulatory licenses on the website.

How Does Bit Index AI Work?

Bit Index AI is an automated trading platform that automates the trading process using trading strategies. It incorporates trading strategies like Trends, Stoch, Williams, etc., to analyze the crypto market performance. The trading platform analyzes the live market and develops trading strategies to gain high profits.

Bit Index AI works on an AI algorithm that scans and analyzes the crypto market data. It also finds correlations between the variables and data types. When a common pattern is noted between the correlations, it is considered a trading opportunity. And the trading robot executes a trade whenever a trading opportunity is encountered.

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How easy is it to use Bit Index AI?

Bit Index AI is an automated trading bot. And automated trading bots are relatively new in the market. So, new traders might find it challenging to get comfortable with their interface and tools.

However, the Bit Index AI app was created to simplify the cryptocurrency trading process. It has a simple registration process and user-friendly interface, making it easy for new or advanced traders to use. Besides, Bit Index AI accepts various payment options. So, the funding process is also effortless.

Bit Index AI trade sizes and limits

Bit Index AI doesn’t allow unlimited funding or trading to its users. The Bit Index AI platform requires users to make a minimum deposit of $250 after registration of their accounts. After signing up with affiliate brokers, you can add more funds and increase the trading size to $3000.

How can I make a trade using Bit Index AI?

One of the best things about the Bit Index AI platform is the ease of trading. You can place a trade in lesser than 20 minutes using this platform.

You need to first create your account from the official Bit Index AI website and get it verified by an activation specialist. Next, start practicing trading using a demo Bit Index account or switch to live market trading by clicking the Trade button on the menu. Once you begin automated trading, the bot will enter and exit trades on your behalf.

Finally, you can reuse the earnings to place more trades or withdraw them into your account.

Which Countries are Bit Index AI in?

The Bit Index AI trading app is available in most countries except the ones that don’t support cryptocurrency trading. Some countries that support Bit Index AI include:

• Germany
• Canada
• UK
• USA
• Australia
• Austria
• Spain
• Poland
• Switzerland

Tell me the purpose of Bit Index AI.

Bit Index AI is a trading bot aiming to simplify buying and selling of cryptocurrency. It provides trading tactics and tools to analyze and scan the cryptocurrency market to determine the right time to enter and exit a trade. Unlike manual trading, Bit Index AI uses trading robots for automated trading in cryptocurrencies like Bitcoin, Ethereum, etc.

The trading platform also provides investment advice and anticipates future volatility by analyzing various factors affecting the prices of cryptocurrencies in the cryptocurrency market. It develops a trading strategy by analyzing the live market trends.

How much money can I make using Bit Index AI?

Bit Index AI trading software is designed to help investors gain huge profits. The amount of profit depends on various factors such as money invested, transaction risk, market volatility, etc. So, the profit is unpredictable. But Bit Index AI promises to give enormous profits, and online reviews prove this true.

Bit Index AI offers leverage trading, allowing users to gain $99 for every $1 they trade. So, the chances of gaining profits are high with this software.

Is my money protected with Bit Index AI?

With so much online fraud taking place nowadays, it’s evident to think if Bit Index AI is a legit trading bot or not. However, you don’t need to worry about your money while using the Bit Index AI software. The platform uses an SSL certificate to secure its website. It also stores client funds with regulated third-party brokers.

Additionally, Bit Index AI allows users to withdraw the earnings from their trading account directly into their bank account. So, if you think, “Is Bit Index AI safe?” Don’t worry! Because your money is protected here, and the platform uses advanced security tools.

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In what languages is Bit Index AI available?

Bit Index AI is available in various languages, including English, German, Spanish, etc. After signing up for your Bit Index AI account, you can select your preferred language.

Does Bit Index AI charge fees and commissions?

Like most trading robots, Bit Index AI is completely free to use. The platform doesn’t charge additional fees or commissions on your earnings. That means what you earn is yours. However, you may be charged a small fee while placing a trade. Also, you can directly withdraw your money into your bank account anytime.

Bit Index AI Minimum Deposit and Withdrawals Limits

Like most trading apps, Bit Index AI requires you to make an initial deposit while registering your account. The minimum deposit is $250, and you can add it using various payment methods. You can add up to $3000 to your account based on your trading preferences. Nevertheless, we recommend starting from a small amount, so you don’t lose money.

Again, there is no limit on withdrawals from your account. But it may take around 24 hours for the withdrawn amount to transfer to your bank account.

Features of Bit Index AI

Bit Index AI trading software offers several tools and features for the convenience of its users. Some striking Bit Index AI features include:

Claims Live AI Trading

Bit Index AI conducts automated trading using AI algorithms. That means it constantly analyzes the live market trends using AI algorithms to develop a profitable trading strategy for users. Plus, the AI algorithms help you earn more profits and gain greater trading success.

Dedicated Account Managers

Bitcoin Smarter allows dedicated account managers for every user. You get a personal account manager soon after you sign up for a new account. This account manager ensures all your queries are solved immediately. You can communicate with your free personal account manager via live chat or email.

Deposit funds

Bit Index AI accepts funds in various currencies, including GBP, EUR, USD, JPY, CAD, etc. It also supports various payment channels making it easy for users to deposit funds to their trading accounts.

Demo trading

New investors may find it challenging to use online trading software initially. So, Bit Index AI allows users to practice using the platform using a demo trading account. When you sign up for an account on Bit Index AI, you get demo funds of $1500 to practice trading. The demo account mirrors the live market. So, you can use your trading skills to learn how to trade in cryptocurrencies without using real money.

Manual trading

Once you get familiar with Bit Index AI’s interface, you can begin live trading. The platform uses trading bots that open and close trades in a millisecond. You have to activate the bot and let the software handle the rest for you.

The systematized trade feature

After activating your account, you can use the automated live trading feature to allow the trading robot to trade on your behalf. Bit Index AI has a systemized trading feature that supports multiple trades simultaneously. You can limit the number of trades placed and configure settings based on the predictions to gain maximum profits.

Security and privacy

Security and privacy are significant concerns while online trading platforms. Thankfully, Bit Index AI values its customer’s privacy and security. The platform ensures the complete protection of user data. It also verifies each account before activation. Bit Index AI has partnered with CySEC-licensed brokers to ensure safe and legal trading.

No downloads

Bit Index AI is a web-based application. That means you don’t need additional plugins to use the platform. You also don’t need to download any app or software to use it. The platform automatically updates and checks for maintenance when you log into your account.

Besides, you can use the app remotely. All you need is a desktop or laptop with a strong internet connection.

Trading multiple currencies

Bit Index AI allows users to trade in various cryptocurrencies. You can choose from various options, including Bitcoin, Ethereum, Litecoin, XRP, etc.

The precision of Trade Signals

The platform uses trading signals to determine movements in the crypto market. It monitors and analyzes these changes and precisely sends alerts to users whenever the software detects changes.

Outstanding performance

Bit Index AI has an outstanding performance in the crypto market through leveraged trading. It has a success rate of more than 85%, and users have gained huge profits from their investments. Its cutting-edge features and tools have helped new and experienced traders make profitable trades effortlessly.

Backtesting

Bit Index AI has a unique backtesting feature that allows users to check their performance after demo crypto trading. You can compare the trading parameters with the current market conditions to identify the success rate of your trades.

Customer Service in Real-Time

Due to the volatile cryptocurrency market, users often face issues while trading. However, Bit Index AI has an excellent customer support system offering real-time support to its users. You can directly contact customer support to get answers to all your queries regarding the platform, trades, technical issues, etc.

Free to use

The best part of Bit Index AI is that it doesn’t charge extra fees or commissions for crypto or bitcoin trading. Users can use this trading software for free and withdraw their earnings anytime.

Timely Payouts

Bit Index AI gives high and timely payouts to users. That means you can withdraw your earnings into your bank account anytime without paying any extra cost. Again, it only takes 24 hours to transfer your earnings from this platform.

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How to get started with Bit Index AI?

Bit Index AI has a simple and fast account setup process. You can create and validate your account in less than 20 minutes and start trading. Following is the detailed account setup process.

Creating your account

Navigate to the official Bit Index AI trading platform. Fill your details in the registration form and click register to complete the sign-up process.

Verifying account

Bit Index AI users get a call from an activation specialist soon after registering their profiles to complete the verification process. You will have to wait for a few minutes to receive the call and get the account verified. After successful verification, you must schedule another appointment to validate your Bit Index AI account.

Use Live account

After completing the account setup process, you need to add an initial deposit to your trading account to use Bit Index AI’s features and tools. Bit Index AI requires a minimum deposit of $250 to begin your trading journey, and you can add this trading fee using various payment methods.

Once you add funds to your account, you can start trading with your own money using your Bit Index AI account. To start live trading, you need to click the Trade button on the dashboard and let Bit Index AI’s trading bot handle the rest for you.

Try Demo account

Bit Index AI offers a demo account feature. You can start trading in the cryptocurrency market with a demo account using virtual currencies. You get $1500 as trading fees in your demo account for demo trading before entering the real market. The demo account mirrors the live market so users can learn about real-time trading.

Fast Withdrawals and Deposits

You can instantly add funds to your account to trade since Bitcode Al supports various payment channels. You need to make a minimum deposit of $250 to start trading. Once you earn a profit, you can effortlessly withdraw the money to your bank account.

Performing a trade

When you want to place a trade, you must first configure the settings and trading parameters. You need to tell the system how to trade on your behalf. And once you are ready, click the “Trade” button on the menu to start.

Is there a Bit Index AI alternative?

There are some alternatives to the Bit Index AI app. These include:

• Crypto Superstar
• Bitcoin Rejoin
• Bitcoin Decoder
• Anon System
• Bitcoin Hero
• Bitcoin Supersplit

Does Bit Index AI have an app?

Bit Index AI is a web-based application. No mobile app is available for this platform. You can only use it online using a compatible laptop or desktop.

Has Bit Index AI been recommended by celebrities or appeared on TV?

The internet has several rumors that Bit Index AI is featured on popular TV shows. However, not all rumors are true. Let’s see the truth behind Bit Index AI featured or endorsed by celebrities.

Is it true that Jeff Bezos endorsed Bit Index AI?

Jeff Bezos is the founder of Amazon and a well-known entrepreneur. Recently, it was claimed that Jeff Bezos endorsed Bit Index AI. However, according to our research, there is no proof indicating Jeff Bezos is connected with Bit Index AI.

Has Elon Musk invested in Bit Index AI?

Elon Musk, the founder of Tesla and SpaceX, has been reportedly rumored to have invested in Bit Index AI. Though Elon Musk gives various opinions regarding cryptocurrencies and related platforms, there is no sign of him supporting or investing in Bit Index AI.

FAQs

Tell me the payment method accepted by Bit Index AI

Bit Index AI supports 15 payment methods for funding your trading account. These include:

• Bitcoin
• Ethereum
• Monero
• ZCash
• Bitcoin Cash
• MasterCard
• VISA
• DASH
• IOTA
• Ripple (XRP)
• Litecoin
• Euro
• USD

How much does Bit Index AI cost?

Bit Index AI is free to use. Using this app, you don’t need to pay monthly subscription or commission fees. However, you may have to pay a small fee while placing trades.

What devices can I use Bit Index AI on?

Bit Index AI doesn’t have a mobile trading app. So, you can access the platform using web browsers like Chrome, Safari, etc., on your desktop or laptop.

What leverage trading options are there with Bit Index AI?

Bit Index AI allows leverage trading up to 1:1000, which means you can trade 1000 times the money you invested. However, calculate the risks as the leverage increases to avoid losses on your capital. And always begin with a small amount to prevent yourself from heavy loss.

What assets can be traded using Bit Index AI?

Bit Index AI has been programmed to trade in various assets and products. You can use the platform to trade in cryptocurrencies and Foreign Exchange assets. The complex and advanced AI algorithm will help you make profitable trades.

Can I use Bit Index AI in my country?

You can use Bit Index AI in most countries worldwide. Some countries supporting the platform include Australia, Canada, United Kingdom, United States, Austria, Germany, Poland, Belgium, Spain, etc. If you aren’t sure whether your country supports Bit Index AI, you can go to the sign-up page and verify it.

Do I have to verify my account with Bit Index AI?

Yes, Bit Index AI requires every user to verify their account upon registration. You need to do that via a phone call, and upon successful verification, you can start placing trades.

What are the Spreads on Bit Index AI?

There isn’t any information on the spreads on Bit Index AI. However, you can use the leverage trading feature to gain more profit on this platform.

Conclusion Bit Index AI: Legitimate or Scam?

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Bit Index AI – Frequently Asked Questions