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Bitcoineer Review – Genuine Crypto Trading Bot?

Viraj Randev
Last updated: | 9 min read

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content

As the cryptocurrency markets have gained momentum since the start of 2023, investors are looking to invest in the best digital assets. Through Bitcoineer, investors can apparently begin trading in various digital currencies. Our Bitcoineer review will discuss some of the claims made by this trading platform.

We will analyze the legitimacy of this trading platform by looking at the features, payment methods, supported assets, and pros and cons of Bitcoineer. 

Bitcoineer Summary

Before investing in any trading platform, it is essential to analyze the basic features such as supported cryptocurrencies, withdrawal speed, minimum deposits, and more. The table below provides some essential information on Bitcoineer after examining the claims made by this platform. 

Type of Trading  Crypto 
Success Rate Not Specified
Cryptocurrencies Available BTC, DASH, ZEC, XRP, ADA, and more
Available on Mobile? No (But accessible via mobile browsers)
Withdrawal or Deposit Fees None
Customer Support Live Chat and Email
Withdrawal Speed 24 hours
Minimum Deposit $250

 

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

What is Bitcoineer? 

The Bitcoineer website declares that investors can access this trading platform to invest in some of the top cryptocurrencies in the world. While 2022 proved to be a slow year due to the rapid decline of the economic markets, 2023 is reversing the downward trend. 

In January 2023, Bitcoin increased by 37%, while Ethereum soared by nearly 30%. Since these cryptocurrencies are still below their November 2021 all-time highs (ATHs), traders may be interested in buying digital assets at the current levels. 

The Bitcoineer platform website names several cryptocurrencies that investors can trade. Users can supposedly trade some of the largest tokens in terms of market cap – such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Cardano (ADA). 

All one has to do is make their Bitcoineer account on the website and deposit a minimum amount of $250. Investors can supposedly withdraw and receive funds within 24 hours by leveraging a handful of payment options. 

Nonetheless, our assessment following the platform’s research is that Bitcoineer has not shared any news or information about its platform features or tools. Upon reading other Bitcoineer reviews, we have learned there is no news on who actually controls or runs this trading platform. 

Thus, we cannot verify all of the statements that Bitcoineer has made. 

Bitcoineer Pros and Cons

The following sections take a closer look at some of the pros and cons of Bitcoineer:

Pros 

  • Trade BTC, ETH, and other crypto tokens
  • Recieve withdrawals in 24 hours or less
  • Live chat and email supported via customer support

Cons 

  • Nothing known about the platform owners
  • The website offers no insight on the available trading features

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

How does Bitcoineer Work? 

After accessing the Bitcoineer website, we have witnessed that this platform requires members to complete a simple registration form. Once the details are entered, and the account is verified, users need to make a $250 minimum deposit. 

There is not much else known about how Bitcoineer operates. We cannot confirm the availability of trading tools such as charts, price alerts, or stop/loss options. However, the website has mentioned a long list of digital assets that one can apparently trade. 

Apart from the large-cap tokens which we have already talked about, Bitcoineer claims to support Ethereum Classic (ETC), Bitcoin Gold (BTG), IOTA (MIOTA), Binance Coin (BNB), and other cryptos. 

Bitcoineer has suggested that its trading platform is straightforward to use and boasts a seamless design. While Bitcoineer supports its own platform, the website also claims to integrate other popular platforms. 

To get the complete trading experience, platform members can apparently connect with MetaTrader 4 (MT4). This platform provides its own set of trading tools to help users conduct fundamental and technical analysis. Along with cryptocurrencies, MT4 supports stocks, forex, and other assets. 

Bitcoineer Key Features

Before deciding whether a platform is worth investing in, investors should decide if they provide enough features to suit their individual trading needs. As per the claims made by Bitcoineer, here are a few features one can leverage: 

Trading some of the Largest Digital Assets 

The main reason to use Bitcoineer is due to the trading platform it claims to offer. With the short-term revival of the crypto markets in 2023, many may be keen on re-entering this space.

 While we cannot guarantee the trading tools and accuracy of Bitcoineer, the website does suggest that investors can access a wide range of crypto assets. 

Host of Trading Tools 

Bitcoineer also reportedly offers a host of trading tools to its user-base. Investors can leverage these tools to formulate trading strategies to make informed investment decisions in a volatile market. 

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

Bitcoineer Fees

Along with the supported assets, the platform fees are one of the essential factors that can affect an individual’s decision to trade with a particular platform. As per our research, Bitcoineer claims not to charge any trading fees.

On Bitcoineer, deposit and withdrawals are also said to be free of charge other than standard Bitcoin network fees, or transaction fees to transfer the cryptocurrency of your choice when withdrawing.

Trading Fees None
Account Fees None
Commission  None
Withdrawal/Deposit Fees None

 

Bitcoineer Minimum Deposit

Bitcoineer charges a similar minimum deposit to other popular crypto trading bots on the market – $250 in initial funds to start trading with Bitcoineer. Investors should however carefully evaluate the platform before investing a large amount of money. Consider dividing your trading capital across other auto trading tools, and test out the Bitcoineer withdrawal process early on. 

Another similar platform that appears to offer the same service we recently reviewed with a similar minimum deposit limit is Bitcoin Dynamit.

Bitcoineer: Compatible Devices

Bitcoineer claims to offer a seamless trading experience through its own trading platform. Here are some of the devices through which Bitcoineer can apparently be accessed: 

  • Mobile Phones (Online browsing)
  • Desktops and laptops
  • iPads and Tablets

It also claims to be integrated with Meta Trader 4 and Web Trader.

Is Bitcoineer a Scam? 

Due to the limited amount of information and data available on the Bitcoineer website, we cannot validate all of the claims made by this trading platform. The organization’s website does not mention the trading tools or technical indicators one can leverage to begin trading. 

The anonymity of the platform founders also means that there is a lack of transparency. We have been able to back this up by reading other Bitcoineer reviews, which have also found it difficult to extract additional insight into the organization. 

Every investor should compare different trading platforms by factoring in the platform features, fees, and available assets. Since Bitcoineer requires a minimum amount of trading capital to get started, traders should properly assess this automated trading platform and alternatives before investing. 

Bitcoineer Customer Support

An important feature that trading platforms integrate is a customer service team. This department usually solves any and all queries that a customer may have. We have learned that Bitcoineer apparently allows users to access its customer support team through email and live chatting options. 

There was no customer reviews on Trustpilot to help us learn a little bit more about this organization. 

How to Use Bitcoineer

After analyzing Bitcoineer, you should be able to decide if this trading platform caters to your individual needs. Those interested can begin trading with Bitcoineer by following the steps below:

Step 1: Create a Bitcoineer Account

One can create an account by visiting the Bitcoineer website. The website displays an account creation form, which requires users to enter their full names, email addresses, and mobile number. 

Click on ‘Register Now’ to confirm the registration. 

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

Step 2: Make a Minimum Deposit 

The second step is to pay $250 or more. This deposit can be made with the supported payment methods on Bitcoineer, such as a credit card or e-wallet. 

Step 3: Start Trading Cryptocurrencies 

Once the payment has been completed, members can apparently access the trading platform. Investors can start trading their favorite cryptocurrencies without paying any additional fees. 

How to Delete a Bitcoineer Account? 

On Bitcoineer, one can apparently shut their account by accessing the account termination option on the menu. The platform does not offer any more data or information on how long this procedure may take. 

Do Any Celebrities Use Bitcoineer? 

Do any influential individuals use the Bitcoineer platform? Read the sections below to learn the truth behind these rumors: 

Does Jeff Bezos use Bitcoineer? 

Amassing a net worth of more than $100 billion, Jeff Bezos is one of the most influential businessmen in the world. However, the Amazon Founder and current Executive Chairman does not have anything to do with Bitcoineer. 

Does Elon Musk endorse Bitcoineer? 

Elon Musk has often tweeted about popular tokens such as Dogecoin (DOGE), which has led to instant price movements. After researching Reddit threads and other websites, we could not find any evidence that Elon uses or is connected with Bitcoineer. 

Does Martin Lewis use Bitcoineer? 

No, Martin Lewis, the popular financial journalist, does not use the Bitcoineer trading platform.

Who Created Bitcoineer? 

No individual has taken credit for creating the Bitcoineer trading platform. The platform founders and the development team have chosen to stay anonymous.

Bitcoineer Payment Methods 

When making a payment on Bitcoineer, investors will be interested in learning more about the supported payment options. Here are a few of the payment methods which Bitcoineer claims to support: 

  • E-wallets
  • Credit and debit cards

The Verdict 

Our Bitcoineer review has aimed to provide interested readers with an insight into the available features of this trading platform. While we have learned about the minimum deposit and supported tokens through the Bitcoineer website, there has been an overall lack of information available on this organization. 

Since there are no customer testimonials, we cannot confirm the overall market sentiment. We recommend properly researching this platform and learning more about the risks involved. One should make a deposit only after being sure that the platform can cater to their trading needs. 

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

Bitcoineer FAQs

What is Bitcoineer? 

Bitcoineer claims to be a trading platform that lets investors trade cryptocurrencies such as BTC, DASH, ADA, and many more. Bitcoineer states that it can be integrated with Web Trader and Meta Trader 4. 

Does Elon Musk use Bitcoineer? 

No, we have found no evidence to suggest that Elon Musk has used Bitcoineer. 

How do you access the Bitcoineer platform? 

An individual must visit the Bitcoineer website, create a free account and deposit $250 or more. Once this is completed, Bitcoineer apparently gives members access to their trading account.