BitUniverse boasts of having an accounting rate of return (ARR) of more than 100%, which serves to make trading simpler. The software comes with several features meant to enhance a user’s trading experience. For now, the platform has 600k+ users, and its daily trading volume is worth $50M.
How does this crypto bot work?
BitUniverse is a smart crypto trading bot that monitors the market 24/7 while placing trades for the user. According to the devs, the software is very reliable and never misses out on a chance to make profits.
Getting started with BitUniverse
You can get started with this bot in a few easy steps:
- Visit the official website of BitUniverse and download its mobile app
- Register and account on this app using your phone number or email
- Create an API on an exchange. A detailed guide is available to take you through this process if you are inexperienced in this area
- Connect your preferred exchange to BitUniverse through the importation of API
- Again, if you are not familiar with the procedure, just read the manual provided on the site
Company information
No information about the developer company is presented on the official page. We scanned the entire website, including its detailed documentation, and couldn’t find any data relating to the vendor.
Features of BitUniverse
The bot has the following features:
Secure and encrypted
The software is claimed to feature military-grade security and encryption, so your funds remain in the exchange platform safe from third-party access. In effect, BitUniverse will never touch your assets directly as it will only utilize official exchange APIs to carry out trading.
Easy to use
The devs affirm that this bot is user-friendly and relatively handy to embark on. It can assist you to trade more than 6000 crypto coins even if you are not an expert in trading or programming.
Fully automatic
BitUniverse runs automatically throughout the day, 7 days a week. It is very dependable and hardly misses a trade.
Trading bots
Several ready-to-configure bots are integrated into the software to enable you to automate an array of trading approaches.
Strategies of BitUniverse
The system is built with algorithms that support grid, reverse trading, dollar cost averaging, smart trading, intelligent tracking, TWAP (Time-Weighted Average Price), taking profit, and stopping loss strategies. These approaches supposedly enable you to make money while you sleep and work.
Pricing, fees, and commissions
BitUniverse is being offered for free. This is a big plus for the bot. Not so many vendors in the crypto market are keen on providing their products for free. It’s also amazing that you will have 16 trading bots at your disposal and access to 6000+ cryptos free of charge once you download BitUniverse. Furthermore, the platform doesn’t charge any trading or other hidden fees, including commissions.
Deposit requirements
There are no requirements to transfer your funds to this bot. This is because it is designed to obtain trading coins from your exchange. So, depositing money on the platform is impossible. On another note, the devs advise that you don’t allow the “withdraw funds” permission of your API Key. This will limit direct access to your assets on the exchange.
What exchanges does BitUniverse support?
The bot supports 26+ different exchanges, which include:
- Binance
- Huobi
- Coinbase Pro
- HBTC
- MEXC
- ShuBao
- Hydax
- Pionex
- Poloniex
- Gate.io
- KuCoin
- Bitfinex
- OKEx
- Bithumb
- ProBit
- FTX
What languages does BitUniverse support in their product?
We don’t really know. Such info is hard to come by, given the brief nature of the software’s presentation on its official site.
Can you really make money with this bot?
Yes, it is possible to make money with this tool. But the devs don’t provide any guarantees with regards to the same. Generally speaking, veteran traders who have acquired and polished their skills can utilize this bot to make huge earnings. In contrast, inexperienced users who make hasty trades and don’t have clear-cut knowledge about the market can suffer unimaginable losses.
Advantages of BitUniverse
- Supports lots of popular exchanges
- Has a mobile-version and is easy to use
- Free and secure
Disadvantages of BitUniverse
- No backtesting feature
Customer support
BitUniverse provides virtual customer service via email. Self-service content in the form of FAQs and tutorial guides is also available. It empowers you to find solutions to your issues at your own pace. Furthermore, you can get served through the Telegram and Discord community, which can provide answers to the questions you are looking for. Notably, the response speed in this type of customer service is generally arbitrary since it depends on how active the members are.
Who is BitUniverse suitable for?
The bot is suitable for all kinds of traders. As mentioned earlier, it is easy to use and only requires basic computer skills to navigate. In case you haven’t used a cryptobot before, don’t worry, several tutorial guides are provided to help you out. As an experienced trader, you can leverage your skills to set up the bots based on your needs to optimize your results.
BitUniverse summary: is it worth going for it?
In general, BitUniverse is a safe platform that enables you to diversify your income by capitalizing on a wide range of strategies the vendor provides. The bot is also free and mobile-based, so you can easily operate it on the go and follow up on your trades no matter where you are.
