In recent years, the field of automated trading systems has been growing exponentially in the industry of cryptocurrencies. In this review we analyze Cryptosoft, one of the most popular auto-trading robots on the market.
Some people think of Cryptosoft as the ultimate way to make easy money with cryptocurrencies. Others think it is complete scam. The question is: who do we believe? To help you decide, we have assessed the robot and have come to the conclusion that it is not a scam. Beware, you may lose some of the money you invest, but Cryptosoft claims that if it is used correctly there is a chance to make profits. If you wish to know more about it, keep on reading. On this Page:
Remember that all investment opportunities carry a certain risk. This especially applies to cryptocurrencies, which are still relatively young in the financial markets. Is Cryptosoft Legit? YES!
Some reviews on the Internet call it a scam, but we have tested the platform and believe it is a legitimate platform where you can trade bitcoin. The software is based on a high-tech algorithm that allows the system to places accurate and automated trades for you. Cryptosoft claims to have an impressive success rate, unlike many other robots like this one. Of course, there are other robots that we consider to be as good as Cryptosoft such as Bitcoin Loophole and Bitcoin Profit for example. Cryptosoft: Legit or Not? The Verdict!
- 1). Claimed Success rate of over 85%.
- 2). Even though the app claims that it can return profits, there is always a risk to lose your investments.
- 3). We advise to invest $250, which is the minimum amount allowed by the software
- 4). If you wish to try Cryptosoft, click here. Keep reading if you wish to know more about it.
Open accountWhat is Cryptosoft?
The first thing you will run into if you type “Cryptosoft” in your internet search engine is most likely to be the official website. There are many fraudulent websites out there, do not risk putting your hard earned money in the wrong hands.
To help you decide whether or not you want to use Cryptosoft, it is definitely a good idea to start from the basics.
Cryptosoft is simply a programmed platform that is meant to guide users’ investments on cryptocurrencies. The software analyses cryptocurrency prices and the market and suggests which investments are safe to make. If the bot predicts that a cryptocurrency’s price will go up, it will signal investors to buy it at its lowest price and then sell it when its value increases. The idea behind it is that the system is supposed to tell you which Bitcoin and other cryptocurrencies to buy and/or sell to help you make profit. In other words, the software automatically follows an investment strategy and has the function to almost replace a physical trader. The idea of the app is that users can sit while the robot trades for you.
In fact, it is claimed that with auto-trading, users, even the least experienced ones, only need less than 20 minutes every day to monitor the investments. As suggested by the Cryptosoft system, only 20 min per day can potentially allow you to earn substantial amounts of money. The software claims that if users decide to trade manually (which only more experienced traders should do), more time will be required from the user on the software to analyse trading signals, history and options and identify profitable investments. Who founded Cryptosoft?
According to the videoad, Cryptosoft was created by a group bankers, Wall Street employees and web developers. The app was supposedly created seven years ago, at the beginning of Bitcoin’s rise. The website also states that in the past few years, the software has been updated 77 times in order to reach the best possible version of the system. Cryptosoft appears easy to use, sophisticated and their trading platform works effectively. How Does it Work?
Getting your head around the Cryptosoft app is very easy because it runs on browser, so it does not require any sort of download or installation, you just need a laptop or any other device that is connected to the Internet. The software is designed to follow an algorithm that identifies trading signals and changes in the market and uses them as hints to place the best investments.
Cryptosoft also offers the opportunity to customise some of the settings. You can personalise the trading strategy of the software to make it more suitable to your strategic preferences whilst trading. However, the algorithms of auto-trading bots like Cryptosoft, follow the trading strategies they were programmed with. So each software has completely different algorithms, which also means that there are many scams out there to be aware of. In fact, there are software that are actually designed to make you lose money so we recommend to be careful not to run into fraudulent platforms. This is why we test and review robots individually; their effectiveness and reliability varies from software to software.
Once you log into your Cryptosoft account, if you click on the ‘help’ button on the top right side of the page, you will be suggested to turn on the auto-trading function once you’ve transferred a minimum deposit of $250 into your account.
You then have to set the level of risk you want to take. According to Cryptosoft, the greater the risk, the higher the returns can be. After you have your auto-trading settings sorted, Cryptosoft claims it will go to work and start earning money.
Cryptosoft automated trading platform
This seems to be the whole point of a crypto robot. The automated trading option has been designed to save the user from spending long hours making their own calculations to make their investment decisions. Once the auto-trading starts, Cryptosoft will suggest the best moment to place an investment and when it is time to close the operation. Of course, you have the option to ignore Cryptosoft’s investment suggestions and call the shots yourself.
One thing to keep in mind though is that even if platforms like Cryptosoft claim to help you make profits, trading with cryptocurrency is similar to trading in the stock market; if you invest on a cryptocurrency and its value drops, you will lose your capital. How to place a Trade on Cryptosoft
When you access the Cryptosoft website, you will be requested to write your name and email address to access further information about Cryptosoft.1. Registration
The registration process is free of charge and pretty straight forward. A few details will be required from you including your name, last name, email address, password and phone number. After that, you will get a verification code on your email. You will be requested to insert that code at the end of your registration process. That will be the final step of your registration.
To start trading, you will be requested to make a deposit of at least $250. You will be redirected to a webpage where you can deposit the money through Bitcoin, debit or credit card, Neteller or Pay Retailers. Cryptosoft payment options are varied, which makes this step of the sign-up process easier compared to systems like Bitcoin Revolution, where the payment choices to make deposits are limited.
Unfortunately, Cryptosoft does not have demo accounts available for investors to test the platform before making their deposit. Having it would allow users to see how the Cryptosoft app would work with real money, and would perhaps convince them to deposit money into the account. However, you have access to the trading history and options to get an idea of what the robot actually looks like before real money gets involved.
Cryptosoft price charts4. Trading
Once you’ve deposited money into your Cryptosoft account you can start trading. Before initiating the auto-trading, you will be asked to set the level of risk to ‘low’, ‘medium’ or ‘high’, insert the maximum amounts of trades you want to make and how much you want to invest and your desired level of profit for each trade. The Cryptosoft bot will then follow an algorithm that will suggest which investments to make.
Note: If you do not want to trade with real money, do not worry, because you have complete access to the trading platform before you put any money into your account. If you want to have a look, please click on this link. Cryptosoft: Key Features
On the Cryptosoft website, users are guaranteed a profit of $5,489 in the first 24 hours. While you may not make this much at first, Cryptosoft uses one of the most sophisticated technologies on the market and their website claims that the app generates profits most of the time. However, performance can vary and you should expect a few losses in the process.
