Bitcoin Equaliser Review – Is it Scam? – CFDs and Real Cryptos
Introduction
Bitcoin Equaliser is an online trading platform that allows users to trade cryptocurrencies and CFDs (Contracts for Difference) on various financial assets. Bitcoin Equaliser has become a popular platform for traders due to its user-friendly interface and advanced trading tools. In this article, we will dive deep into the platform and review its features, fees, and overall performance.
Before we dive into Bitcoin Equaliser, let's take a brief look at the history of Bitcoin and cryptocurrencies.
Bitcoin was created in 2009 by an unknown person using the name Satoshi Nakamoto. Bitcoin is a decentralized digital currency that operates on a peer-to-peer network. Unlike traditional currencies, Bitcoin is not controlled by a central authority, making it a more transparent and secure currency. Since its creation, Bitcoin has gained immense popularity and has become the most valuable cryptocurrency in the world.
The rise of Bitcoin and other cryptocurrencies has led to the creation of various trading platforms, including Bitcoin Equaliser.
What is Bitcoin Equaliser?
Bitcoin Equaliser is an online trading platform that allows users to trade cryptocurrencies and CFDs on various financial assets. The platform offers a user-friendly interface that is easy to navigate, making it suitable for both beginners and experienced traders.
One of the standout features of Bitcoin Equaliser is its advanced trading tools. The platform offers various indicators and charting tools that allow traders to perform technical analysis and make informed trading decisions.
Bitcoin Equaliser supports various cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Ripple. The platform also allows users to trade CFDs on various financial assets, including stocks, indices, and commodities.
How does Bitcoin Equaliser work?
To get started with Bitcoin Equaliser, users need to create an account and deposit funds. Once the account is created, users can start trading by selecting the financial asset they want to trade, setting their preferred trade size, and choosing their trading strategy.
The platform offers various trading strategies, including trend following, mean reversion, and breakout trading. Users can also set stop-loss and take-profit orders to minimize risks and maximize profits.
Bitcoin Equaliser uses advanced algorithms to analyze market data and identify trading opportunities. The platform also allows users to customize their trading strategies based on their preferences and risk tolerance.
Is Bitcoin Equaliser a Scam?
There is a common misconception that Bitcoin Equaliser is a scam. However, there is no evidence to support this claim. Bitcoin Equaliser is a legitimate trading platform that is registered and regulated by various financial authorities.
The platform also has positive user reviews and testimonials, which indicates that users have had a positive experience trading on the platform.
Bitcoin Equaliser vs. Real Cryptos
Bitcoin Equaliser allows users to trade CFDs on various financial assets, including cryptocurrencies. CFDs are derivatives that allow traders to speculate on the price movements of the underlying asset without actually owning the asset.
Trading with CFDs has several advantages, including the ability to trade with leverage, which allows traders to open larger positions with a smaller investment. CFDs also allow traders to short sell, which means they can profit from price declines.
However, trading with CFDs also has disadvantages. The use of leverage can amplify losses, increasing the risks of trading. CFDs also have expiry dates, which means traders need to close their positions before the expiry date, or they may incur additional charges.
Trading real cryptocurrencies, on the other hand, means traders actually own the underlying asset. This allows traders to participate in the cryptocurrency market and benefit from long-term price increases. However, trading real cryptocurrencies also requires a larger investment and may require technical knowledge to store and manage the assets securely.
How to use Bitcoin Equaliser
To use Bitcoin Equaliser, users need to create an account and deposit funds. Once the account is created, users can start trading by selecting the financial asset they want to trade, setting their preferred trade size, and choosing their trading strategy.
Here is a step-by-step guide on how to use Bitcoin Equaliser:
- Create an account on the Bitcoin Equaliser website
- Deposit funds into your account using one of the supported payment methods
- Select the financial asset you want to trade
- Choose your preferred trade size
- Set your stop-loss and take-profit orders
- Choose your trading strategy
- Monitor your trades and adjust your strategy as needed
To minimize risks and maximize profits, users should also follow these tips:
- Start with a small investment and gradually increase your investment as you gain more experience
- Use stop-loss and take-profit orders to minimize losses and secure profits
- Diversify your portfolio by trading multiple assets
- Keep up to date with market news and events that may affect the price of the assets you are trading
Bitcoin Equaliser Fees and Charges
Bitcoin Equaliser charges fees on every trade. The fees vary depending on the financial asset being traded and the size of the trade. The platform also charges overnight fees for positions held for more than 24 hours.
Here is a breakdown of the fees and charges on Bitcoin Equaliser:
- Spread – the difference between the bid and ask price of the asset being traded
- Overnight fees – charged for positions held for more than 24 hours
- Deposit and withdrawal fees – charged for depositing and withdrawing funds from the platform
- Inactivity fees – charged for accounts that have been inactive for more than 90 days
Compared to other trading platforms, Bitcoin Equaliser's fees are competitive. However, users should always check the fees and charges before making a trade to avoid unnecessary fees.
Security and Privacy on Bitcoin Equaliser
Bitcoin Equaliser takes security and privacy seriously. The platform uses advanced encryption and security measures to protect user data and funds. The platform also adheres to data protection regulations, ensuring user data is kept safe and secure.
To protect their accounts and personal information, users should follow these tips:
- Use a strong password and never share it with anyone
- Enable two-factor authentication to add an extra layer of security
- Keep your software up to date to ensure the latest security patches are installed
- Avoid public Wi-Fi when accessing your account and use a VPN when possible
Customer Support on Bitcoin Equaliser
Bitcoin Equaliser offers various support channels, including email and live chat. The platform also has a comprehensive FAQ section that addresses common issues and questions.
Response time and efficiency may vary depending on the support channel used. However, overall, Bitcoin Equaliser's customer support is responsive and helpful.
Pros and Cons of Bitcoin Equaliser
Pros:
- User-friendly interface
- Advanced trading tools
- Competitive fees
- Supports various cryptocurrencies and financial assets
- Regulated and licensed
Cons:
- Use of leverage can increase risks
- Limited payment options
- No mobile app
Conclusion
Bitcoin Equaliser is a legitimate trading platform that offers a user-friendly interface and advanced trading tools. The platform allows users to trade cryptocurrencies and CFDs on various financial assets.
While trading with CFDs has advantages, such as the ability to trade with leverage and short sell, it also has disadvantages, such as higher risks and expiry dates. Trading real cryptocurrencies requires a larger investment but allows traders to participate in the cryptocurrency market and benefit from long-term price increases.
Overall, Bitcoin Equaliser is a suitable platform for both beginners and experienced traders. However, users should always do their research and understand the risks involved before making any trades.
FAQs
What is Bitcoin Equaliser?
Bitcoin Equaliser is an online trading platform that allows users to trade cryptocurrencies and CFDs on various financial assets.
How does Bitcoin Equaliser work?
To use Bitcoin Equaliser, users need to create an account and deposit funds. Once the account is created, users can start trading by selecting the financial asset they want to trade, setting their preferred trade size, and choosing their trading strategy.
Is Bitcoin Equaliser a scam?
No, Bitcoin Equaliser is a legitimate trading platform that is registered and regulated by various financial authorities.
How much money can I make with Bitcoin Equaliser?
The amount of money a user can make on Bitcoin Equaliser depends on various factors, including the size of the trade, the financial asset being traded, and the trading strategy used.
What are CFDs?
CFDs (Contracts for Difference) are derivatives that allow traders to speculate on the price movements of the underlying asset without actually owning the asset.
How do CFDs differ from real cryptocurrencies?
Trading with CFDs allows traders to trade with leverage, short sell, and trade on various financial assets. However, trading with CFDs also has expiry dates and higher risks. Trading real cryptocurrencies means traders actually own the underlying asset but requires a larger investment and may require technical knowledge to store and manage the assets securely.
What are the fees and charges on Bitcoin Equaliser?
Bitcoin Equaliser charges fees on every trade, including spread, overnight fees, deposit and withdrawal fees, and inactivity fees.
Is my personal information safe on Bitcoin Equaliser?
Yes, Bitcoin Equaliser takes security and privacy seriously and uses advanced encryption and security measures to protect user data and funds.
How can I contact customer support on Bitcoin Equaliser?
Bitcoin Equaliser offers various support channels, including email and live chat. The platform also has a comprehensive FAQ section that addresses common issues and questions.
What are the pros and cons of Bitcoin Equaliser?
Pros: User-friendly interface, advanced trading tools, competitive fees, supports various cryptocurrencies and financial assets, regulated and licensed.
Cons: Use of leverage can increase risks, limited payment options, no mobile app.