Bitcoin Code is advertised as an automated trading platform that buys and sells cryptocurrency on your behalf and has been trending on social media as a way to overcome the volatility of the crypto markets.

The platform claims to be 99.4% accurate when trading Bitcoin, Ethereum, Ripple, and other popular digital currencies, although we could not verify this claim. Users don’t need any experience to get started with Bitcoin Code and there are no fees for trading with this platform.

So, is Bitcoin Code as good as it promises? In our Bitcoin Code review, we’ll cover everything you need to know about this Bitcoin robot and help you decide if it’s legit.

Bitcoin Code Summary

To start off our Bitcoin Code review, we put together a table with all the key details you need to know about this crypto trading platform:

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

What is Bitcoin Code?

Bitcoin Code is a proprietary cryptocurrency trading platform. Not much third party auditing has been made available or backtesting however.

The platform states it can buy and sell cryptocurrencies like Bitcoin and Ethereum automatically on traders’ behalf, with the goal of turning a profit through quick automatic trades. All auto trading profits that Bitcoin Code generates are returned to your trading account, enabling you to grow and compound your account balance over time.

This Bitcoin robot says it relies on a sophisticated algorithm that tracks the cryptocurrency market. According to the platform’s website, the algorithm is 99.4% accurate when trading and is fast enough to stay 0.01 seconds ahead of market movements at all times. However, we cannot verify these claims. Keep in mind that all trading carries risk and Bitcoin Code could potentially lose money.

Notably, according to the Bitcoin Code website, this platform is completely free to use. There is no cost for registering a new account and you won’t pay trading fees or commissions when using the platform. You must make a $250 minimum deposit in order to start using Bitcoin Code, but you can try out the platform risk-free in demo mode and your money can be withdrawn instantly at any time.

Bitcoin Code Pros & Cons

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

How Does Bitcoin Code Work?

Our Bitcoin Code review found that this platform claims to use an advanced algorithm to trade cryptocurrencies automatically. According to Bitcoin Code, the algorithm is trained on years’ worth of cryptocurrency day trading data, so it can recognize price patterns that are likely to lead to bullish or bearish movements. When the algorithm detects a pattern it recognizes, it initiates a trade.

To initiate a trade – for example, to buy Bitcoin – Bitcoin Code uses the money in your trading account. It closes the trade when the price movement begins to fade or a predetermined profit target is reached. Any funds, including profits, are returned to your trading account, where they can be used for the next trade.

Bitcoin Code monitors 8 specific cryptocurrencies for price patterns: Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, Bitcoin SV, Tether, and EOS. These coins provide many opportunities for trading since they typically have high trading volume and most have a high degree of volatility.

Bitcoin Code Key Features

Our Bitcoin Code review took a closer look at some of the key features that help this trading platform stand out.

Fast Trading

According to the platform, Bitcoin Code’s algorithmic trading platform is incredibly fast and can trade cryptocurrency 24/7. The platform claims that it has an edge over the market because it always reacts at least 0.01 seconds faster than human traders.

While we could not verify these claims, such speed would allow Bitcoin Code to identify patterns as soon as they form and to get the best prices when executing trades.

Claimed 99.4% Success Rate

Bitcoin Code claims that its platform has a 99.4% success rate at trading cryptocurrencies. Similar seemingly unsustainable claims are made by other crypto trading bot platforms and may just be for marketing purposes. We were not able to verify this claim as part of our Bitcoin Code review – proceed at your own risk as crypto assets are a highly volatile investment asset class and that winrate may not be realistic or possible beyond the short term.

Trade Multiple Cryptocurrencies

Bitcoin Code is capable of trading 8 individual cryptocurrencies: Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, Bitcoin SV, Tether, and EOS. Trading a range of popular cryptocurrencies is important because it creates more opportunities to buy and sell for a profit.

Each of these 8 cryptocurrencies is popular, which means they have high trading volume. In addition, most of these coins have high volatility, while stablecoins like Tether have relatively low volatility.

Demo Trading Mode

Bitcoin Code offers a demo trading mode where you can simulate trades without risking real money. This is a good way to test out Bitcoin Code to see if it performs as well as it claims and determine whether it fits with your trading style.

You can also use the demo mode to safely modify some of the trading algorithm’s parameters and optimize them for current market conditions.

Instant Deposits and Withdrawals

Bitcoin Code accepts deposits by bank transfer, credit card, or debit card with no fees. Credit and debit card deposits are available in your account instantly so you can start trading right away. Withdrawals are also fee-free and this platform says it pays out within minutes of a withdrawal request.

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

Bitcoin Code Fees

One of the advantages to using Bitcoin Code is that the platform is completely fee-free. You won’t pay deposit or withdrawal fees, and there are no trading fees or commissions.

Keep in mind that the brokers that Bitcoin Code uses do charge spreads for cryptocurrency trades. These fees are not directly charged by Bitcoin Code.

Is Bitcoin Code a Scam?

Our Bitcoin Code review wanted to answer the question, Is Bitcoin Code a scam? It claims a 99.4% success rate, which is in line with what some other crypto trading bot platforms have claimed – although all such winrate promises should be taken with a pinch of salt. We were unable to verify these claims from Bitcoin Code.

In addition, Bitcoin Code states that the platform is completely fee-free and that users can withdraw money at any time if not happy with how the platform is performing. It’s also possible to try out Bitcoin Code in demo mode before risking real money on trades.

If that’s accurate it would reduce the risk however Bitcoin Code appear to require a minimum deposit before testing out the demo account features.

Celebrity Endorsements

Some social media posts make the false claim that celebrities such as Elon Musk, Marcus Rashford, Jeff Bezos, Martin Lewis, Gordon Ramsey etc. have used Bitcoin Code or another crypto trading bot tool – these are fake ads to entice investors.

Tesla’s Elon Musk for example has only tweeted about investing in Bitcoin and Dogecoin passively with a buy and hold approach, rather than using any automated trading platform. Amazon has stated they may at some point support crypto or NFTs on their website store, but not endorsed any AI trading tools.

Bitcoin Code Minimum Deposit

Bitcoin Code requires a minimum deposit of $250 in order to start using the platform. This is the money that Bitcoin Code uses to start trading on your behalf and growing your account.

The minimum deposit is required even if you want to try out Bitcoin Code in demo mode. You can withdraw your deposit and close your account at any time.

Bitcoin Code Customer Support

Bitcoin Code states that it offers 24/7 customer support. However, we were not able to verify this as part of our Bitcoin Code review. Support is only available once you open a new trading account and make the minimum deposit.

The Verdict

Our Bitcoin Code review found that platform trades 8 different cryptocurrencies automatically on your behalf. It’s algorithm claims to be extremely fast, and according to Bitcoin Code it delivers a 99.4% success rate for traders who use the platform, but we couldn’t prove this.

You can try out Bitcoin Code in demo mode to see if it stands up to this claim, or dive into live trading to start growing your trading account. For some Bitcoin Code alternatives – splitting up your funds across several platforms is normally recommended – see our longer guide to algorithmic trading platforms.

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