BitUniverse Review: Is it a Good Crypto Bot for 2022?

by FX EA Review
BitUniverse Review: Is it a Good Crypto Bot for 2022?

BitUniverse is a smart crypto bot that works 24/7. It claims to have an average ARR of more than 100%. The software is designed to make trading simple and efficient. The service comprises 16 trading bots, over 6000 crypto coins, and more than 26 compatible exchanges. It supports smart tracking and grid trading methods. In this review, we analyze all the crucial aspects of this bot to find out if it is a viable investment choice or not.

How does BitUniverse crypto bot function?

As a fully automated system, the bot works round the clock. It is reliable and makes use of every opportunity to ensure better returns. The basic algorithms focus on grid trading, smart tracking, SL, and TP methods among various others.

BitUniverse review–positive aspects

  • Free bots
  • Supports many exchanges and crypto coins
  • Access to numerous strategies

BitUniverse review–negative aspects

  • Lack of verified track record
  • Lack of vendor transparency

Time in business

The company has been in business for less than a year. It was founded on September 5, 2021 by Thong Ngo. From the recent update, we find there are no regular updates done for the software.

Reputation

The company boasts over $50 million in daily trading volume and over 600,000 traders. Since the info provided on the company and its performance is very minimal, we are unable to assess its reputation properly.

Supported exchanges

The main supported exchanges for this service are:

  • Binance
  • Huobi
  • CoinbasePro
  • Pionex 
  • FTX
  • KuCoin 
  • OKEx
  • Bithumb
  • Gate.io
  • Bitfinex
  • Poloniex
  • Bittrex
  • Liquid
  • ProBit
  • BigONE
  • Indodax
  • Lbank
  • Bitbns
  • Bitget
  • Bybit
  • BitoPro
  • CEO Global
  • HBTC
  • Hydax
  • MEXC
  • ShuBao and more

UI of BitUniverse

The website is well-designed with simple and easy operating processes. As per the vendor, you need not be knowledgeable in programming or experienced in trading methods to use the bot. The navigation is simple and beginner-friendly.

Key features of BitUniverse

Some of the key features that make the service stand apart from its competitors are:

  • It works automatically 24/7.
  • The algorithms used by the bot support various trading methods including smart tracking.
  • Military-grade security and encryption are used for ensuring safe operations.
  • It can trade more than 6000 crypto coins.
  • There are more than 16 trading bots available.

How to get started on BitUniverse?

To use the service, here are the steps you need to follow:

  1. Visit the official website and download the dedicated mobile app
  2. Register for an account using the app by entering your phone number or email address
  3. Create API keys and import them to connect to your exchange
  4. Select from the available bots that are ready-to-use

How secure is BitUniverse?

As per the info on the official site, the bot is provided with military-grade security and encryption. All your funds are held safely in the exchange and the service does not have access to your funds directly. It uses the official API keys to trade.

Customer support

For support, the vendor provides links to social media sites like Discord, Telegram, Twitter, and an email address is also present for contacting the vendor.

Are traders happy with BitUniverse?

Since the bots are free and the user interface is easy and simple to navigate, traders would like to use the platform.

Pricing and fees

There are no hidden fees or charges for trading using the bots. The API keys used do not have withdrawal permission. 

Is a free trial available?

All bots are free to use. Once you register and set up your API keys, you get access to the features of the service.

Languages supported

At present, the website supports three languages. They include English, Chinese, and Taiwanese. 

What kinds of traders is BitUniverse best suited for?

The service is best for beginners as well as seasoned traders. While beginners can use the free bots to try out the various strategies, experienced traders will find the efficient trading features and portfolio tracking very beneficial.

Company information

The firm operates under the legal name BitUniverse Co, Ltd. It is based in the Asia-Pacific (APAC) region with its main office being located in Central, Hong Kong Island, Hong Kong.

BitUniverse verdict: should you get it a try?

BitUniverse offers several benefits for newbies as well as seasoned traders. Besides its huge array of supported exchanges and crypto coins, it offers free bots that are easy to use. Automatic portfolio tracking, real-time market analysis, and much more are possible with the platform.

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