Despite being one of the most volatile assets to trade in, cryptocurrencies are also known to return high profits on investments. An easy-to-use and reliable trading system is, however, important to achieve that. In this review, we shall evaluate the promises made by the cryptocurrency trading platform LimmerCoin. The application claims to be simple to use, with quick execution and precise trading results. We will analyze these claims in-depth, along with features like platform capabilities, available resources, costs and fee structures, and level of customer support.
Towards the end, we will also guide you through the various steps for trading with LimmerCoin, which from some reports is also a crypto asset itself.
What is LimmerCoin?
According to its website, the cryptocurrency trading platform LimmerCoin executes trades on users’ behalf using Bitcoin robots. The platform claims to forecast short-term changes in the price of Bitcoin and other well-known cryptocurrencies using advanced technologies, with an eye on the entire global crypto market.
LimmerCoin generates trading signals or executes trades on behalf of users based on these forecasts. Its goal is to make money from every trade by employing many of the same strategies as day trading in stocks and currencies.
There are supposedly no hidden fees for trading, accounts, deposits, or withdrawals on the trading program. The software is free to use for traders, and LimmerCoin does not take a percentage of their earnings
According to LimmerCoin, robots will handle your transactions for you even when you’re not online, so you won’t have to keep an eye on them or wait for the best time to sell or buy cryptocurrency.
Experienced traders can gain from real-time updates that summarize pricing, market demands, transaction volume, and other information, according to LimmerCoin. Novices too can use the trading program to trade and make passive money.
Some third party websites state that there is also a LimmerCoin token that can be traded, it’s unclear if that’s related to the trading platform and forms its native token, analogous to Binance Coin (BNB) on Binance.
LimmerCoin Pros and Cons
LimmerCoin has its own set of benefits and drawbacks, just like all other cryptocurrency trading platforms. Below is a comprehensive overview of the pros and cons of the platform based on our rigorous analysis.
Pros
- Trading software that claims to provide accurate trading signals.
- Claims user-friendly interface.
- Multiple cryptocurrencies supported, as per claims.
- Free demo trading account supported, as per claims.
- Claims commission-free trading.
- Claims zero withdrawal and deposit fees.
- Claims customer service available through phone and email.
Cons
- There is no information about the platform’s past performance.
- Platform founders are anonymous.
- Users require $250 as the minimum deposit.
- A lot of information is unavailable on public forums, exclusive only to registered users.
How Does LimmerCoin Work?
A brief description of the platform’s functioning is available on the LimmerCoin website. Accordingly, this software forecasts changes in the prices of well-known cryptocurrencies using AI and machine learning algorithms.
While a detailed description is absent, we can guess it uses a similar approach as other algorithmic trading platforms. Users must first sign up for an account on the LimmerCoin website by filling in information like name, phone number, country, email address, etc.
Once signed in, they must fund their account with a minimum deposit of $250 to begin using LimmerCoin, using a payment method of their choice. Initially, they may choose to try out the platform features using the demo trading account option using free virtual currency provided by the platform.
The LimmerCoin platform, like other trading applications, uses algorithms to recognize trends that come before a rapid surge or decrease in a token’s price based on historical trends. The LimmerCoin algorithm can generate a signal or execute a trade in anticipation of a price movement that has previously happened when it detects these patterns in the most recent price data.
According to the LimmerCoin website, when users authorize the platform to execute trades on their behalf, neither manual market research nor transaction execution is necessary. The program will deduct funds from a user’s account, execute a trade, and then credit the user’s account with all profits.
It is important to note that LimmerCoin does not indicate the software’s historical success rate. The website doesn’t specify how much profit the average trader makes or whether the majority of traders have made money with LimmerCoin.
LimmerCoin Key Features
The following features were uncovered by our LimmerCoin research that investors should be aware of.
Claims Better Trading Signals and Crypto Trades
According to LimmerCoin, it trades Bitcoin and other popular cryptocurrencies for user profits using machine learning. The software generates crypto signals for users, which are then used to execute trades on their behalf.
Customers may also choose to trade manually using the trading signals shared by LimmerCoin. The platform’s claims to trade around the clock are a significant benefit, given how active the cryptocurrency market is.
No Hidden Fees or Commissions
The website for LimmerCoin states that all withdrawals are cost-free. While withdrawals in fiat currency take 12 to 24 hours, withdrawals in cryptocurrencies are done immediately.
Demo Account Supported
All traders, according to LimmerCoin, get free access to a paper trading account. Users can, therefore, practice using the site without having to risk any actual money. Before making real trades, they get a chance to assess LimmerCoin’s performance in the current market environment.
Claims to be Beginner-Friendly
According to the LimerCoin website, this software can be used by traders without any prior technical knowledge. In just a few minutes, traders can learn how to utilize LimmerCoin and start trading. After the platform is set up, according to the website, traders only need to check their accounts daily for a few minutes.
LimmerCoin Account fees
The LimmerCoin website claims that using this trading platform is free. There are no account fees, deposit fees, and withdrawal costs associated with trading on the platform. Moreover, LimmerCoin does not levy commission fees or deduct a percentage of revenue generated by the platform.
| Trading Fee | None |
| Account Fee | None |
| Commission | None |
| Withdrawal/Deposit Fee | None |
LimmerCoin Minimum Deposit
As we already indicated, to use the site, customers must first deposit a minimum of $250 into their trading account. The site claims that there are no fees associated with withdrawing this deposit at any point.
LimmerCoin Compatible Devices
Based on our research of the platform’s claims regarding multi-device compatibility, we found that the following devices support the LimmerCoin website across Mac, Android, and Windows OS:
- Desktop
- Laptop
- Phones
- Tablets.
Is LimmerCoin Safe?
While we assessed the platfor’s features and promises based on our research, we also faced much lack of information. No mention of the project’s developers or any proof that a team is currently working on LimmerCoin could be found.
Although the trading strategy used by LimmerCoin – which is seemingly similar to other crypto trading bot platforms, might sound very promising, it is not unique. The software resembles other stock, FX, and cryptocurrency trading algorithms available in the market today.
The good news is that LimmerCoin reviews found online indicate that the website is as successful as it claims to be. The feedback from traders is very good, and many of them claim that LimmerCoin made their money. We were unable to verify the validity of these reviews, however.
Since we haven’t tested the platform ourselves, it is difficult to render a final verdict. If you decide to use this platform, we suggest testing it out before beginning to trade with real money.
Final Thought
To assess the claims made by the trading platform, this LimmerCoin review took into account the platform’s website as well as other public forums and sources. LimmerCoin claims to offer a crypto trading platform that may help users make more money from the crypto market. However, we are unable to comment on its dependability owing to a lack of reliable information.
That said, the platform claims that no prior trading expertise is necessary, and using the platform is totally free.
Since LimmerCoin doesn’t disclose any data regarding its prior performance or native token, traders should use this service cautiously. We suggest testing the platform using the demo account first without putting real money at risk.
We encourage our users to carefully study each page of the website before using it, as there is no publicly accessible customer support, no verifiable discussions, and no background information on the platform’s founders. Cryptocurrency trading can be risky, so only invest money you can afford to lose.
