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

Introduction

Bitcoin Empire is an online trading platform that allows users to trade a range of cryptocurrencies and CFDs (Contracts for Difference). In this review, we will examine the features of Bitcoin Empire, as well as its regulatory status, security measures, fees and charges, and customer support. We will also compare real cryptos trading to CFDs trading and provide strategies for successful trading.

Bitcoin Empire Features

Trading Platform

Bitcoin Empire provides a user-friendly trading platform that allows users to access a variety of trading tools and indicators. The platform is designed to be easy to use for both beginners and experienced traders.

Trading Tools and Indicators

The platform offers a range of trading tools and indicators, including technical analysis tools, real-time market data, and price charts. These tools help traders to analyze the market and make informed trading decisions.

Cryptocurrency Options

Bitcoin Empire offers a range of cryptocurrencies for trading, including Bitcoin, Ethereum, Litecoin, Ripple, and more. The platform also allows users to trade in fiat currencies like USD, GBP, and EUR.

CFDs Trading

Bitcoin Empire also offers CFDs trading, which allows users to trade on the price movements of cryptocurrencies without actually owning the underlying asset. This type of trading allows for leverage, which can increase profits but also increases risk.

Trading Signals

Bitcoin Empire provides users with trading signals, which are alerts that provide information about potential trading opportunities. These signals can help traders to make better-informed decisions and increase their chances of success.

Is Bitcoin Empire a Scam?

Regulatory Status

Bitcoin Empire is regulated by the Financial Conduct Authority (FCA) in the UK. This means that the platform is subject to strict regulations and must adhere to strict standards of security and transparency.

User Reviews

User reviews of Bitcoin Empire are generally positive, with many users praising the platform's user-friendly interface and range of trading tools.

Online Reputation

Bitcoin Empire has a strong online reputation, with many positive reviews and high ratings on review sites like Trustpilot.

Security Features

Bitcoin Empire uses advanced security measures to protect user data and funds. The platform uses SSL encryption to protect user data, and funds are stored in cold storage to prevent hackers from gaining access.

Real Cryptos vs CFDs Trading

Definition of Real Cryptos Trading

Real cryptos trading involves buying and selling actual cryptocurrencies on an exchange. This type of trading involves owning the underlying asset and is subject to the volatility of the cryptocurrency market.

Definition of CFDs Trading

CFDs trading involves trading on the price movements of cryptocurrencies without actually owning the underlying asset. This type of trading allows for leverage, which can increase profits but also increases risk.

Advantages and Disadvantages of Real Cryptos Trading

Real cryptos trading allows for ownership of the underlying asset and is not subject to the risks associated with leverage. However, it also involves higher fees and is subject to the volatility of the cryptocurrency market.

Advantages and Disadvantages of CFDs Trading

CFDs trading allows for leverage, which can increase profits but also increases risk. It also involves lower fees and is not subject to the volatility of the cryptocurrency market. However, it does not involve ownership of the underlying asset.

How to Start Trading on Bitcoin Empire

Account Registration

To start trading on Bitcoin Empire, users must first register an account on the platform. This involves providing personal details and verifying their identity.

Verification Process

Bitcoin Empire requires users to verify their identity before they can start trading. This involves providing a government-issued ID and proof of address.

Funding Your Account

Users can fund their account using a range of payment methods, including credit/debit cards, bank transfers, and e-wallets.

Placing a Trade

To place a trade, users must select the cryptocurrency or CFD they wish to trade, set their position size, and choose their trading strategy.

Strategies for Trading on Bitcoin Empire

Technical Analysis

Technical analysis involves using trading tools and indicators to analyze market trends and make informed trading decisions.

Fundamental Analysis

Fundamental analysis involves analyzing market trends and economic indicators to make informed trading decisions.

Risk Management

Risk management involves managing risk by setting stop-loss orders and limiting position sizes.

Trading Psychology

Trading psychology involves managing emotions and maintaining discipline when trading to make informed decisions.

Bitcoin Empire's Customer Support

Channels of Communication

Bitcoin Empire provides customer support through email, live chat, and phone.

Response Time

Bitcoin Empire aims to respond to customer queries within 24 hours.

Languages Supported

Bitcoin Empire provides support in multiple languages, including English, Spanish, French, and German.

Help Center

Bitcoin Empire provides a comprehensive help center that includes FAQs, tutorials, and guides to help users navigate the platform.

Fees and Charges on Bitcoin Empire

Deposit and Withdrawal Fees

Bitcoin Empire does not charge fees for deposits or withdrawals.

Trading Fees

Bitcoin Empire charges a small fee on trades, which varies depending on the asset being traded.

Overnight Fees

Bitcoin Empire charges overnight fees on positions that are held overnight.

Inactivity Fees

Bitcoin Empire charges inactivity fees on accounts that are inactive for more than 12 months.

Bitcoin Empire's Mobile App

Features of the Mobile App

The Bitcoin Empire mobile app provides access to all the features of the desktop platform, including trading tools, market data, and price charts.

Compatibility with Devices

The mobile app is compatible with both iOS and Android devices.

Download and Installation Process

The mobile app can be downloaded from the App Store or Google Play Store and installed on the user's device.

Conclusion

Bitcoin Empire is a reputable and user-friendly online trading platform that offers a range of cryptocurrencies and CFDs for trading. The platform is regulated by the FCA and uses advanced security measures to protect user data and funds. We recommend Bitcoin Empire for beginner and experienced traders alike.

FAQs

How does Bitcoin Empire ensure the security of my funds?
Bitcoin Empire uses SSL encryption to protect user data and stores funds in cold storage to prevent hackers from gaining access.
Is Bitcoin Empire regulated by any financial authority?
Bitcoin Empire is regulated by the Financial Conduct Authority (FCA) in the UK.
Can I trade both CFDs and real cryptocurrencies on Bitcoin Empire?

Yes, Bitcoin Empire allows users to trade both CFDs and real cryptocurrencies.

What is the minimum amount required to open an account on Bitcoin Empire?
The minimum amount required to open an account on Bitcoin Empire is $250.
Does Bitcoin Empire charge any hidden fees?
No, Bitcoin Empire does not charge any hidden fees.
Can I access Bitcoin Empire from my mobile phone?

Yes, Bitcoin Empire has a mobile app that can be downloaded from the App Store or Google Play Store.

How long does it take to withdraw funds from Bitcoin Empire?
Withdrawal times vary depending on the payment method used.
What is the maximum leverage offered by Bitcoin Empire?
The maximum leverage offered by Bitcoin Empire is 1:100.
How can I contact customer support on Bitcoin Empire?