BitUniverse is a crypto trading bot that trades on a 24/7 basis. It promises an average ARR of more than 100% and the vendor claims that this makes the trading process simpler.
BitUniverse: what is it?
This is a crypto trading platform that has 16 trading bots. It supports more than 26 exchanges and over 6000 different crypto coins. As per the vendor’s claims, the bits are quite reliable and they never miss a trade. They also claim that the system is secure and it allows you to earn money without making any effort.
Background of BitUniverse
There is not much information on the parent company on the official website. According to Crunchbase, the headquarters of the company is located in Hong Kong. It was founded by Thong Ngo on September 5, 2021. We don’t know about the rest of the members and what kind of experience they have.
Official BitUniverse website
On the official website, the vendor has highlighted some of the major advantages of the platform. They have shared some reviews from users and a list of supported exchanges. There is also a Help section where you can find a wealth of information. Finally, there are some links to social media handles.
How does it help to make money?
This platform has multiple ready-to-configure bots that let you automate a wide range of trading strategies. The most popular among these bots is the grid trading bot which is suitable for beginners. It is a system that tries to take advantage of the ups and downs in the market.
You set a price range for the bot and adjust the number of Grids you want. As long as the price stays within a particular range, the bot will always sell a portion when the price goes up and buy it when the price goes down. This strategy is suitable for a fluctuated sideways market.
How easy to use is it?
To use the robots on this platform, you can visit the official website and download the app. You can register from the app using your phone number and email. After this, you need to create API keys on an exchange to link the platform to your exchange account. Next, you can explore the trading bots and choose one that suits your requirements.
What about the privacy and security of BitUniverse?
According to the vendor, this platform has military-grade encryption and security. There is no chance of losing the funds that are on your exchange. BitUniverse doesn’t have permission to directly access your funds. For conducting trades, it uses official exchange APIs only.
What is the profitability of BitUniverse?
Profitability in the crypto market depends on a lot of different factors. The market is highly speculative and there is no single strategy that can win your profits every time.
What exchanges does it support?
Some of the top exchanges supported by this platform include:
- CEO Global
As you can see, it supports all of the well-known exchanges as well as some niche ones.
How is customer service?
There is an official email address through which you can contact the support team. The vendor has also shared the link to a Telegram channel. BitUniverse has social media handles on Twitter, Discord, and Medium as well.
What are the pros and cons of trading with BitUniverse?
- Large number of supported exchanges
- Tutorial available for each bot
- High-end security
- Lack of vendor transparency
Is BitUniverse right for you?
It does not take any special skills to get started with this trading platform. The developer has shared detailed instructions on how to operate each bot. It has an easy sign-up process and you don’t need to code the strategies from scratch. It is suitable for beginners and pro traders who have some market knowledge. On top of that, it is free, so you can try out all the features with zero risk.
BitUniverse conclusion: free platform suitable for beginners
BitUniverse is a new crypto trading bot platform and we don’t have much background information on the parent company. However, the features offered by this platform are quite excellent. It has various types of trading bots and supports a wide range of exchanges, which makes it suitable for different types of traders.