Bitcoin is soaring to new heights and traders across the UK looking for ways to join in the latest boom in digital currency. One of the most straightforward ways to begin is to use a cryptocurrency trading platform such as Bitcoin Digital. Then, in the Bitcoin Digital analysis UK we’ll have a look at this trading platform to see if it’s fraudulent or legitimate platform to trade Bitcoin profitably.
Bitcoin Digital at a Glance
|Withdrawal Time||All hours of the day|
|Supported Cryptocurrencies||BTC, ETH, LTE, XRP, BCH|
What is Bitcoin Digital?
Bitcoin Digital The Bitcoin Digital is an exchange for cryptocurrency which buys and sells Bitcoin as well as other digital currencies. There are positive and negative feedback about Bitcoin Digital from former users, so it is important to take your time when starting on Bitcoin Digital, a Bitcoin trading service.
Bitcoin Digital Services
Bitcoin Digital only does one thing: trading in cryptocurrency. It operates with minimal input from your side and doesn’t need that you have a deep understanding about the trading market or digital currencies such as Bitcoin, Ethereum, or Ripple.
How Does Bitcoin Digital Work?
Let’s have a look at the ways you can join Bitcoin Digital and start passively trading in cryptocurrencies:
Step 1: Sign up on the Bitcoin Digital website. Bitcoin Digital
To begin trading with Bitcoin Digital, the first step is to sign up for a brand new account. Visit the Bitcoin Digital website and enter your name, email address, and telephone number into the form located at the top. After that, click ‚Register Now‘.‘ Open Account Cryptoassets are extremely volatile and unregulated investment options. They do not offer EU investor protection is available.
Step 2: Open an Account at a Partner Broker
The partner you’re assigned to is based on the country in which you reside. It’s important to note that Bitcoin Digital doesn’t share the identity of the company that you’re signing up with. It’s a bit jarring because there’s no way to ensure that you’re signing with a legitimate and regulated organization. In any case, you’ll be required to prove your identity using the driver’s license or passport for the purpose of signing up for a brokerage account. This is a good sign the broker is in compliance as this is not required for unregulated brokers. Additionally the broker is able to accept debit and credit cards. This implies that the major financial institutions are willing to collaborate in partnership with the Bitcoin Digital broker.
Step 3: Verify Your Identity
As we mentioned, Bitcoin Digital’s partners need to verify your identity in order to be compliant with anti-money-laundering regulations. You can do this by uploading a copy your driver’s license or passport. You’ll also require evidence of your address, which could be an account statement from a bank or a utility bill. Many trading platforms can verify your documents in a matter of minutes. Some take up two days for this verification procedure.
Step 4: Deposit Funds
Next step, you must deposit money into your brokerage account. This is the cash that Bitcoin Digital will trade on behalf of you. Bitcoin Digital has a minimum investment of $250. This is approximately PS185. The majority of Bitcoin Digital’s partners accept credit or debit cards, as in addition to UK bank transfer. Certain also accept payments via an e-wallet , such as PayPal.
Step 5: Activate Bitcoin Digital
You’re now ready to begin trading using Bitcoin Digital. It’s recommended to begin using the paper trading account offered by the platform. There are no charges when trading on your demo account. When you’re satisfied with the trading robot of Bitcoin Digital you can enable live trading on your account’s dashboard. Sign Up Cryptoassets are extremely volatile and unregulated investment options. They do not offer EU protection for investors. Testimonials from clients Bitcoin Digital also offers testimonials from former and current customers on its website. The testimonials users mention that they began with a minimum investment of PS185. One report over PS5,200 of profits in only 47 days, while others report over PS7400 in profit. Of course it is important to be sure to take these testimonials with take a pinch of salt. It’s impossible to tell the accuracy of these testimonials or not. In any event, Bitcoin Digital is incentivised to showcase its best user’s results.
Bitcoin Digital Fees
Bitcoin Digital takes a unique method of pricing that guarantees the platform is striving to make money for you. Instead of charging monthly fees for account use no matter if you’re earning loss or earning money Bitcoin Digital only charges an amount based on the profits you make. Bitcoin Digital has no hidden charges or withdrawal fees , only the 2% commission on profit. Therefore, there’s no cost for using the platform in the event that it’s not generating profits for you. Visit Bitcoin Digital Now Cryptoassets are highly volatile , unregulated investment options. They do not offer EU protection of investors.
Is Bitcoin Digital a Scam?
You must be cautious of any trading platform online which promises massive profits with only a small amount of work. This is especially relevant to trading in cryptocurrency that are considered to be to be among the most risky investments that are available. Therefore can you tell if Bitcoin Digital trustworthy, or is it is a fraud? It’s hard to provide the definitive answer to that question. There’s no way to confirm the assertions Bitcoin Digital makes about its previous performance or the gains that some traders have made. The reality it Bigtcoin Digital won’t give you specifics about its brokers is also warning. However, there numerous favorable reviews about Bitcoin Digital online. Some traders report making a million within a few weeks However, many say that they could earn decent amounts of money through this trading method. Additionally, Bitcoin Digital has been in operation for a long time which indicates that it’s an authentic trading platform and an application that is reliable.
Bitcoin Digital App & Desktop Platform
Bitcoin Digital primarily uses a web interface, therefore there’s no software to download to your PC. In your account online you will be able to view the recent performance of the trading robot. It also shows which trades were made in the past and whether or not these made profits. The dashoard is the place to be able to switch between live and demo trading. Bitcoin Digital also offers a mobile trading application that works on iOS as well as Android. It isn’t accessible publicly on the Google Play or Apple App Stores. Instead, Bitcoin Digital sends you an download link to the application after you’ve signed up to use Bitcoin Digital’s trading platform.
Bitcoin Digital Payments & Withdrawal
The payments at Bitcoin Digital are facilitated by the partner broker with whom your account for trading is registered. There is no way to make withdrawals or payments to Bitcoin Digital itself. Because of this the payment methods accepted by Bitcoin Digital can differ between brokers who are part of the partnership. Most members of the network accept debit and credit cards , along with bank transfers. Many offer e-wallets, such as PayPal. The withdrawal and deposit process and the fees associated with them depend on the broker that you’re being matched with. Many brokers provide no-cost withdrawals and deposits, however you’ll need to determine if it’s the case with the broker that you’re matched to when you sign up for Bitcoin Digital. In the Bitcoin Digital section of the service, it’s noted that you are able to take money from the account any point. Payouts must be made by the same method the deposit method. If your balance is less than 250 dollars, Bitcoin Digital will fully pay out your account. It’s unclear if you can directly request withdrawals through your brokerage.
Bitcoin Digital Minimum Deposit
The minimum deposit for Bitcoin Digital is $250, which is about PS185.
Bitcoin Digital Customer Support
The biggest drawback of Bitcoin Digital is that the platform does not provide support for customers except if you’re already registered user. There’s no contact details or email address you could make use of to inquire about issues. The website states that you’ll get additional details on how to reach out when you sign up, however you can’t be sure you’ll get access to customer service.
How to Use Bitcoin Digital
Let’s look at the steps to utilize Bitcoin Digital in 6 quick steps:
- Create a new account using your name, emailaddress, and the number of your phone
- Make an account at one of the broker partners
- Verify your identity using an ID with a picture
- You must deposit a minimum of $250 using a debit card or credit card, an e-wallet or bank transfer
- Try the waters of Bitcoin Digital using the demo account
- Start live trading by activating it to begin trading using real money