Bitcoin KPEX AI Review – Scam or Legitimate Trading Software
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content
Bitcoin KPEX AI is a relatively new crypto trading platform that promises to deliver a cutting-edge trading experience via a plethora of tools that could help you “accelerate your trading execution”.
But how much of what the site says is trustworthy? This Bitcoin KPEX AI review will look into the site’s features and attempt to find out if it is worth your time and attention.
Bitcoin KPEX AI Summary
Before we get down to analyze the key aspects of this platform, here are the key elements to know about Bitcoin KPEX AI.
| Supported Crypto | Bitcoin |
| Claimed Success Rate | It is not an automated trading platform; no defined winrate |
| Available on Mobile? | No information about any Bitcoin KPEX AI app for mobile |
| Fees | No details available |
| Customer Support | Registered users can access it throughout the day |
| Withdrawal Speed | Can take up to 24 hours to complete |
| Minimum deposit | No details available |
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection
What is Bitcoin KPEX AI?
Bitcoin KPEX AI bills itself as an innovative trading platform that “caters to the needs of enthusiastic traders”. Helping with that, according to the Bitcoin KPEX AI website, are tools that allow these traders to take advantage of unique bitcoin trading opportunities depending on their trading preferences.
Even though the term “AI” is prevalent in the name, there are no instances on the official website where it discusses any AI crypto trading bot type tools. The tools that Bitcoin KPEX AI claims to provide are simple to use conventional trading facilities.
When it comes to trading assistance, a skilled account manager is mentioned, similar to making use of a robo advisor.
Bitcoin KPEX AI claims that users will unlock access to a “wealth of trading materials” that they can read to learn the fundamentals of trading. According to the website, this training can help investors make gains even during the most challenging market conditions. Through these tutorials, the platform claims to help investors develop a comprehensive trading strategy that meets their financial objectives.
While there are no details on the website that could substantiate the claims of the presence of a reliable training module, the sign-up process is simplified. The platform states that users only need to have a suitable trading account to start trading after depositing the minimum amount – the details of which aren’t provided anywhere on the platform.
These features are apparently supported by security protocols that include SSL encryption and two-factor authentication. The platform states that these measures can safeguard the user against potential hacks.
While there are lots of claims made, evidence to substantiate them is currently lacking. Therefore, we recommend assessing the website independently before using it for Bitcoin trading – do your own research and remember all trading carries risk.
Bitcoin KPEX AI Pros and Cons
Based on the limited marketing copy available on the Bitcoin KPEX AI site, these could be considered its strengths and weaknesses:
Pros:
- The platform claims to offer robust tools to make trading easier for all levels of traders
- It claims to provide training modules to investors
- Investors can set their Bitcoin trading parameters – according to the claims
- The site claims to provide a dedicated account manager who helps with trading
- Multiple security features are implemented – according to the T&Cs section
Cons
- The information provided on the platform isn’t detailed
- There is no information about the makers of the platform
- Details about the minimum deposit and fee structure are absent
How Does Bitcoin KPEX AI Work?
Bitcoin KPEX AI doesn’t have features that could be enable it to fall into the category of a crypto trading bot. The platform supports manual trading by all accounts. The process of the same is explained in these three steps:
- Clarifying your risk tolerance – Once you have created an account, the platform apparently assigns an account manager to you who asks about your risk tolerance. According to the website, you’ll be asked about the risk that you can effectively handle. Bitcoin KPEX AI states that this process will help establish boundaries within which you will operate.
- Determining the trading style – Bitcoin KPEX AI then apparently ask you how many times a day you wish to be notified about emerging opportunities from your account manager. This will determine your trading style. The platform states that users can either conduct multiple trades within an hour or engage in day trading, where they will be notified about emerging opportunities a few times throughout the day.
- Specifying your favourite trading pairs – Once you have determined a trading style and have decided on the frequency of trading, Bitcoin KPEX AI will apparently ask you to specify the pairs you want to trade. Here, you will be asked to pick between a less volatile trading pair or a riskier pair with a higher reward.
This manual approach to trading will apparently involve not you but your account manager buying and selling digital assets on your behalf and then transferring the profits into your account.
There are no further details available on the website that could give us insight into the efficacy of this approach. We recommend that our readers do their own due diligence if deciding trade with Bitcoin KPEX AI.
Bitcoin KPEX AI Key Features
Bitcoin KPEX AI hasn’t given much insight into its features or made any backtesting publicly available at the time of writing. From what we could gather from how Bitcoin KPEX AI works, the following seem to be some of its key facilities:
Access to Educational Resources
Novice traders who try the website for the first time are apparently directed to the trading modules. These reportedly consist of eBook-based crypto courses and instructive videos and other information to get investors trade-ready before they start trading on the platform.
Risk Assessment Tools
Although the Bitcoin KPEX AI apparently will ask you about your risk tolerance when you enter the site for the first time, there could be a possibility for there to be risk assessment tools available. Using them, traders could assess the risk associated with each trading opportunity that they get apparently notified about by the account manager.
Account Manager
Bitcoin KPEX AI reportedly provides a dedicated account manager who is with traders every step of the way as they buy and sell cryptocurrencies. It seems as if these managers do trading on behalf of the account manager, taking a cut of the profit as commission – although there are no details mentioned about the margins.
Trading Parameters Settings
Bitcoin KPEX AI claims that investors can set their trading parameters to establish boundaries in regard to how much risk they can take while trading. These parameters, according to the website, have to be communicated to the account manager, who will then make changes to the trading settings on the investor’s behalf.
Demo Account
Bitcoin KPEX AI has made some mention in regards to a demo account that users will get access to soon after registration. This account, according to Bitcoin KPEX AI, will let investors trade in simulated market conditions without spending any real money.
Bitcoin KPEX AI Account fees
We couldn’t find any details about any mention of the account fee. However, we do believe that there is a small commission model in place that you will know about once you start the registration process. We recommend clearing things out with the customer support team as soon as possible.
Bitcoin KPEX AI Minimum Deposit
There is no information about the minimum deposit. Although, there is a mention of a minimum deposit requirement before getting access to the trading facilities. Again, talking to the customer support team is your best bet to get this information.
Bitcoin KPEX AI Compatible Devices
While there is no mention of a native crypto app for Bitcoin KPEX AI, we were able to load and browse the website on multiple devices. The mobile version of the website is responsive, the desktop version of the site is comprehensive inside a wide-screened setting, and on laptops, the website functions optimally.
It can be said that Bitcoin KPEX AI is compatible with all devices. However, we recommend holding judgment until you get access to the actual trading platform on these devices since that is only accessible after making the minimum deposit.
Is Bitcoin KPEX AI a Scam?
Bitcoin KPEX AI does not make it clear about its methodology and how exactly it works. With AI in the name, our first thought was the presence of an autonomous trading system that makes hands-free trading possible, but that wasn’t the case.
What we found, instead, was a discussion about an account manager who does the same thing. The site highlights that this account manager will help investors assess their risk tolerance and set Bitcoin trading parameters before trading on behalf of the investors. On the other hand, there is also some discussion about a demo trading account – which indicates the presence of an active trading module.
Adding to this ambiguity is the lack of information about the makers of the website and the fee structure. While a minimum deposit requirement is mentioned, there is no clarity about what the minimum requirement is.
The same goes for the type of trading features available. We didn’t come across any discussion of any charting tools. The main focus seemed to be on educational tools and training modules, which were also not accessible to us since they were locked behind the deposit requirement.
The lack of details or an independent audit of the platform make it difficult to determine if Bitcoin KPEX AI is a scam or a legitimate trading platform.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection
Bitcoin KPEX AI Customer Support
There is a Contact Us page available on Bitcoin KPEX AI, but it wasn’t very responsive, which indicates that registered users have a better chance of reaching out to the customer support team. According to the official website the team, which consists ofaccount managers, is available throughout the day to assist traders.
How to Use Bitcoin KPEX AI?
The following steps are needed to start trading on Bitcoin KPEX AI:
Step 1 – Visit the Bitcoin KPEX AI Website
Visit the Bitcoin KPEX AI platform homepage. Go to the contact form section and enter your name, email and telephone number.
Step 2 – Make the Minimum Deposit
After registration, the site states that users can make the minimum deposit of the required amount using any available method. Clicking on the “deposit” button will apparently give users access to multiple payment methods. Pick one and make the deposit.
Step 3 – Assess the Trading Platform
Bitcoin KPEX AI states that the third step is crucial for traders, for it will take novice investors to a training page that will apparently provide them with educational resources and a demo trading account.
Step 4 – Start Trading on Bitcoin KPEX AI
After the training is complete, investors can contact the account manager for assistance, which Bitcoin KPEX AI says will allow customers to adopt the role of an observer rather than an active trader. It means that the manager will likely trade on behalf of the investor.
How to Delete a Bitcoin KPEX AI Account?
Bitcoin KPEX AI doesn’t provide any details about how to delete the account. We recommend investors talk to the customer support team for answers.
Is Bitcoin KPEX AI Endorsed by Celebrities and Big Brands?
Bitcoin KPEX AI has made no claims about being endorsed by any celebrity. However, there are other websites of the same name that have made such claims with no evidence to substantiate them. These rumours are likely false. We recommend that investors assess the platform on its own merits.
Who is the Founder of Bitcoin KPEX AI?
There is no information on Bitcoin KPEX AI that could tell us who made the website. There is an About Us page, but it does not talk about the founder. However, it does state that it took three years for the founder to create this platform with a team of programmers. No further details have been provided about any of the team members.
Latest Bitcoin News
Here is some of the latest Bitcoin News to be aware of:
- The US SEC has deferred all the spot Bitcoin ETF applications, which caused Bitcoin to drop below the $26k mark.
- There is a new drive chain proposal for Bitcoin to scale it using side chains. It has left the crypto community divided.
- Liquidity is low on CEX platforms as several market makers have exited, leading to a rise in the trading of Uniswap tokens and on-chain investment into crypto presales
The Verdict
Bitcoin KPEX AI doesn’t make any tall claims about any success rate because, despite an AI in the name, it doesn’t have any autonomous trading features. It does, however, claim to provide a lot of educational tools for novice traders.
That said, the information available on this website is not clear. It has provided no details about the founders, and no information about the makers of the website is available. Furthermore, the platform has some conflicting information. We recommend starting out with a small deposit and keeping a diversified portfolio rather than over-investing in one asset or on one platform. See our guide to the newest cryptocurrencies to help in that regard.
Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection
Bitcoin KPEX AI FAQs
What is Bitcoin KPEX AI?
Bitcoin KPEX AI claims to be a Bitcoin trading platform that allows users to craft their own unique trading strategy to buy and sell Bitcoin and other cryptocurrencies. It also promises to deliver a fast trading facility that does not involve more than a few clicks. The details about the same, however, are not available.
Does Elon Musk endorse Bitcoin KPEX AI?
Bitcoin KPEX AI does not make any claims regarding the presence of any endorsement from Elon Musk. However, there are similarly named websites online that have made this claim. We recommend exercising caution since there is no proof to substantiate them.
