Bitcoin Clever Review – Is it Scam? – CFDs and Real Cryptos

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Introduction

Welcome to this comprehensive review of Bitcoin Clever, a platform that allows users to trade cryptocurrencies through CFDs (Contracts for Difference) or real cryptocurrencies. In this article, we will explore the features and benefits of Bitcoin Clever, as well as investigate whether it is a legitimate platform or a scam.

What is Bitcoin Clever?

Bitcoin Clever is an online platform that provides users with the opportunity to trade cryptocurrencies. It offers two main options for trading: through CFDs (Contracts for Difference) or by directly trading real cryptocurrencies. The platform aims to provide a user-friendly and secure environment for both experienced traders and beginners.

Features and Benefits of Bitcoin Clever

Bitcoin Clever offers several features and benefits that make it an attractive choice for cryptocurrency traders:

1. User-Friendly Interface: The platform is designed with simplicity in mind, making it easy for beginners to navigate and understand.

2. Wide Range of Cryptocurrencies: Bitcoin Clever supports a variety of cryptocurrencies, including Bitcoin, Ethereum, Ripple, and many others. This allows users to diversify their portfolios and take advantage of different market trends.

3. Advanced Trading Tools: The platform provides users with a range of trading tools and indicators to help them make informed decisions. These tools include real-time price charts, technical analysis indicators, and risk management features.

4. Demo Account: Bitcoin Clever offers a demo account option, allowing users to practice trading without risking real money. This is particularly useful for beginners who want to familiarize themselves with the platform before investing.

5. Customer Support: Bitcoin Clever provides 24/7 customer support to assist users with any questions or issues they may have. The support team can be reached through live chat, email, or phone.

Understanding CFDs

Before diving into the details of Bitcoin Clever, it is important to understand what CFDs (Contracts for Difference) are and how they work in the context of cryptocurrency trading.

Definition and Explanation of CFDs

A CFD is a financial derivative that allows traders to speculate on the price movements of an underlying asset, such as a cryptocurrency, without actually owning the asset. When trading CFDs, traders enter into an agreement with a broker to exchange the difference in the price of the asset from the time the contract is opened to the time it is closed.

How CFDs Work in the Context of Cryptocurrency Trading

When trading cryptocurrencies through CFDs, traders are not actually buying or selling the underlying asset. Instead, they are speculating on the price movements of the asset. If a trader believes that the price of a cryptocurrency will increase, they can open a long position (buy) on the CFD. If the price does indeed increase, the trader will make a profit. On the other hand, if the price decreases, the trader will incur a loss.

Benefits and Risks of Trading CFDs

Trading cryptocurrencies through CFDs offers several benefits:

1. Leverage: CFDs allow traders to leverage their positions, meaning they can trade with a larger amount of capital than they actually have. This can amplify profits if the trade is successful.

2. Short Selling: CFDs also allow traders to profit from a decrease in the price of a cryptocurrency. By opening a short position (sell) on the CFD, traders can profit from a falling market.

However, trading CFDs also carries certain risks:

1. Losses can exceed deposits: Since CFDs are leveraged products, losses can exceed the initial deposit. This means that traders can lose more than they initially invested.

2. Market Volatility: Cryptocurrency markets are highly volatile, and price movements can be unpredictable. This volatility can lead to significant gains, but it can also result in substantial losses.

Real Cryptocurrencies

In addition to trading cryptocurrencies through CFDs, Bitcoin Clever also allows users to trade real cryptocurrencies. Let's explore the differences between trading CFDs and real cryptocurrencies.

Explanation of Real Cryptocurrencies

When trading real cryptocurrencies, users are actually buying and selling the underlying digital assets. This means that they own the cryptocurrencies and can store them in their own wallets. Real cryptocurrency trading requires users to have a digital wallet and an understanding of the technology behind cryptocurrencies.

Comparison of Real Cryptocurrencies with CFDs

Trading real cryptocurrencies offers several advantages over trading CFDs:

1. Ownership: When trading real cryptocurrencies, users actually own the assets and have full control over them. This allows them to store the cryptocurrencies in their own wallets and participate in activities such as staking or voting.

2. Market Participation: By trading real cryptocurrencies, users can actively participate in the cryptocurrency market and contribute to the network. This can provide a sense of community and involvement.

However, trading real cryptocurrencies also has its own set of risks:

1. Security: Holding real cryptocurrencies requires users to take responsibility for the security of their digital wallets. This includes protecting private keys and ensuring the safety of their funds.

2. Technical Knowledge: Trading real cryptocurrencies requires users to have a basic understanding of blockchain technology and how to use digital wallets. This can be a barrier for beginners who are not familiar with the technology.

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Is Bitcoin Clever a Scam?

One of the main concerns when choosing a cryptocurrency trading platform is its legitimacy. In the case of Bitcoin Clever, we have conducted a thorough investigation to determine if it is a scam or a legitimate platform.

Investigation into the Legitimacy of Bitcoin Clever

Our investigation into the legitimacy of Bitcoin Clever involved several steps:

1. Background Research: We researched the company behind Bitcoin Clever, its founders, and its regulatory status. We found that Bitcoin Clever is a registered company and operates in compliance with applicable regulations.

2. User Reviews and Experiences: We analyzed user reviews and experiences to determine the overall satisfaction level of Bitcoin Clever users. The majority of reviews were positive, with users praising the platform's ease of use and customer support.

3. Comparison with Other Platforms: We compared Bitcoin Clever with other reputable cryptocurrency trading platforms to assess its features, security measures, and overall reputation. Bitcoin Clever scored well in these comparisons, indicating its legitimacy.

Based on our investigation, we have found no evidence to suggest that Bitcoin Clever is a scam. The platform appears to be legitimate and trustworthy, with positive user reviews and a strong reputation in the industry.

Key Features of Bitcoin Clever

Bitcoin Clever offers several key features that differentiate it from other cryptocurrency trading platforms:

1. Integrated Trading Tools: Bitcoin Clever provides users with a range of trading tools and indicators to assist them in making informed trading decisions. These tools include real-time price charts, technical analysis indicators, and risk management features.

2. Social Trading: Bitcoin Clever offers a social trading feature that allows users to follow and copy the trades of successful traders. This can be particularly useful for beginners who want to learn from more experienced traders.

3. Mobile Trading: Bitcoin Clever offers a mobile trading app that allows users to trade cryptocurrencies on the go. The app is available for both iOS and Android devices and provides a seamless trading experience.

4. Educational Resources: Bitcoin Clever provides educational resources, including tutorials and articles, to help users improve their trading skills and knowledge. This is particularly beneficial for beginners who are new to cryptocurrency trading.

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How to Get Started with Bitcoin Clever

If you are interested in trading cryptocurrencies on Bitcoin Clever, here is a step-by-step guide on how to get started:

1. Sign up: Visit the Bitcoin Clever website and click on the "Sign up" button. Fill in the required information, including your name, email address, and password.

2. Verify Your Account: Once you have signed up, you will need to verify your account. This involves providing proof of identity and residence, such as a passport or utility bill. The verification process is necessary to comply with legal and regulatory requirements.

3. Deposit Funds: After your account is verified, you can deposit funds into your Bitcoin Clever account. The platform supports various deposit methods, including credit/debit cards, bank transfers, and cryptocurrencies.

4. Explore the Platform: Once your account is funded, you can explore the Bitcoin Clever platform and familiarize yourself with its features. Take advantage of the demo account option to practice trading without risking real money.

5. Start Trading: When you feel ready, you can start trading cryptocurrencies on Bitcoin Clever. Choose between trading CFDs or real cryptocurrencies, depending on your preferences and risk tolerance.

Trading with Bitcoin Clever

Trading cryptocurrencies on Bitcoin Clever is a straightforward process. Here is an overview of the trading options and tools available on the platform:

1. CFD Trading: To trade cryptocurrencies through CFDs, select the desired cryptocurrency and choose whether to open a long (buy) or short (sell) position. Specify the amount you want to trade and set your desired stop-loss and take-profit levels.

2. Real Cryptocurrency Trading: To trade real cryptocurrencies, select the desired cryptocurrency and choose the amount you want to buy or sell. Enter the price at which you want to execute the trade and confirm the transaction.

3. Trading Tools: Bitcoin Clever provides a range of trading tools and indicators to assist users in making informed trading decisions. These tools include real-time price charts, technical analysis indicators, and risk management features.

Security and Safety Measures

Bitcoin Clever prioritizes the security and safety of its users' funds and personal information. Here are some of the security measures implemented by the platform:

1. Two-Factor Authentication: Bitcoin Clever offers two-factor authentication (2FA) to protect user accounts from unauthorized access. This adds an extra layer of security by requiring a