Bitcoin Union is a new type of crypto trading software that claims to be able to generate high returns from the price fluctuations of Bitcoin and altcoins. It allegedly is semi-autonomous, removing much of the manual process of trading for beginners. But is Bitcoin Union legit and should you use it?
In this Bitcoin Union review, we attempt to determine whether this software is reliable and whether you should use it or now.
Is Bitcoin Union Legit?
According to the information on Bitcoin Union official website and the user testimonials we have analyzed during this review, Bitcoin Union appears to be popular and well-presented. Firstly, the site features most of the information regarding users’ terms and conditions, privacy, and earning disclaimer.
According to the user reviews we have found online – Bitcoin Union, although it is a relatively new platform, is a functional trading robot that can allegedly make profits for investors. Although their reported accuracy rate of 90% cannot be guaranteed, most Bitcoin Union testimonials are positive.
Bitcoin Union Overview
In the course of our research for this Bitcoin Union review we found the following:
- Bitcoin Union claims to have a 99.4% level of accuracy rate.
- The registration process is free and fast. However an initial amount of trading capital is required
- It’s advisable that you start trading with the minimum deposit requirement of $/£250. Do not be tempted to deposit more money than the minimum requirement.
What is Bitcoin Union?
Bitcoin Union is an automated trading robot that claims to be able to place thousands of orders in the cryptocurrency market and execute these orders based on pre-configured algorithms. According to Bitcoin Union, the software is fully automatic, hence, an investor is not required to do anything except turning on and off the trading machine.
Simply put, Bitcoin Union is a programmed platform that can be integrated into a broker’s platform and can be used for automated trading. Because the cryptocurrency market is in its infancy compared to any other financial market, trading robots can take advantage of small price gaps called ‘arbitrage’ and allegedly make a profit. Yet, keep in mind there are risks in trading with Bitcoin robots such as Bitcoin Union and its peers like Bitcoin Evolution.
How does Bitcoin Union App work?
Trading robots are automated applications with a preset of parameters that can supposedly execute a large number of trades in the market and typically have a high alleged accuracy rate.
In short, the Bitcoin Union software is able to scan the crypto markets (reviewing the prices of coins such as Bitcoin, Ethereum and Litecoin) and to find small price movements. According to the team behind Bitcoin Union, the software places orders in the markets 0.01 seconds faster than any participant. This is the technology that according to them makes the software able to predict future price movement and accomplish alleged profitable trading results.
Bear in mind that the cryptocurrency market is in its early stages of development, which means that there are only a few trading robots in the market. Moreover, there is a large number of decentralized cryptocurrency exchanges, meaning trading robots can enter different exchanges and search for arbitrage transactions between different exchanges.
As a result, this robot claims to be able to generate $1100 per day for its investors (which is unverified), with a minimum deposit of $250.
If you want to check out similar robots as Bitcoin Union alternatives, have a look through our Bitcoin Trader review and Bitcoin Profit review.
Bitcoin Union: Key Features
High Alleged Accuracy Rate
Bitcoin Union claims that its software is able to predict the future price movement of 99.4% of the orders the software executes. While we cannot guarantee such a high success rate, user reviews across the web indicate that this robot is able to predict most of the trades it executes. Yet, we suggest that you start small and track the software’s trading performance carefully, particularly in the first days of trading.
Payouts
The software supposedly wins trades with a 99.4% success rate and investors at Bitcoin Union claim to profit a minimum of $1100 per day. According to live results board featured on the robot’s site, the majority of users allegedly make a daily profit of around $500-$1500. That may not be sustainable in the long term for all traders however.
Cost/Fees
Bitcoin Union does not charge any trading and non-trading fees. In fact, using the software is free of charge and the only fee you will have to pay is the buy and sell spread when orders are being executed.
User Testimonials
One of the most useful factors to analyze an automated trading robot is by finding user reviews. Although many robots post fake reviews on their sites, the user testimonials on Bitcoin Union’s site appear to be from real people who used this platform. These users are claiming that the Bitcoin Union’s software enabled them to supposedly earn high returns.
Does Bitcoin Union have a mobile app?
At the time of writing, Bitcoin Union does not support a mobile application. However, when you sign up on the Bitcoin Union website, you will most likely get access to a mobile trading app where you can track the account performance. Regardless, Bitcoin Union’s software runs on any web browser so you can enter the software from your mobile phones.
Bottom Line
Based on our investigation, we find Bitcoin Union to appear legit and a reliable automated trading software. During this investigation, we found plenty of reviews from users who reported making substantial returns through this robot. Many claim that Bitcoin Union has developed a unique trading algorithm that can accurately predict price movements in the crypto market. However, note that we cannot guarantee that you can make such profits and that there are risks involved with this type of investment.
