Bitcoin Empire Review – Is it a Scam? – CFDs and Real Cryptos
Bitcoin Empire is an online trading platform that allows users to trade both CFDs (Contracts for Difference) and real cryptocurrencies. It has gained significant popularity in recent years due to the explosive growth of the cryptocurrency market. However, with the rise in popularity, there has also been an increase in scams and fraudulent activities within the industry. Therefore, it is essential to research thoroughly before investing in any platform. In this blog post, we will provide an in-depth review of Bitcoin Empire, including its features, advantages and disadvantages, reviews, scam allegations, and comparisons with other trading platforms.
Background Information on Bitcoin Empire
Bitcoin Empire was founded in 2017 and has since become one of the most popular online trading platforms. The platform allows users to trade CFDs and real cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. Bitcoin Empire is user-friendly and offers a range of features, including real-time market data, technical analysis tools, and customer support.
CFDs and Real Cryptos
CFDs and real cryptocurrencies are two types of trading instruments offered by Bitcoin Empire. CFDs are contracts between the trader and the broker, where the trader speculates on the rise or fall of the asset's price without actually owning the asset. On the other hand, real cryptocurrencies are actual digital assets that can be bought and sold on cryptocurrency exchanges.
The main difference between CFDs and real cryptocurrencies is that CFDs are a type of derivative product, while real cryptocurrencies are actual assets. CFDs allow traders to speculate on the price movements of cryptocurrencies without actually owning them, whereas real cryptocurrencies can be bought and sold on exchanges like any other asset.
The advantage of trading CFDs is that it allows traders to leverage their positions, which means they can potentially earn higher profits with a smaller investment. However, it also means that traders can potentially lose more than their initial investment. Real cryptocurrencies, on the other hand, are a more secure investment as they are actual assets that can be held in a wallet.
Bitcoin Empire Features
Bitcoin Empire offers a range of features to its users, including:
The trading platform is user-friendly and easy to navigate. It offers real-time market data, trading charts, and technical analysis tools to help traders make informed decisions.
The user interface is straightforward and easy to use, even for beginners. The platform also offers a demo account for users to practice trading before investing real money.
Bitcoin Empire uses advanced security measures to protect users' funds and personal information. It uses SSL encryption to secure all transactions and two-factor authentication to prevent unauthorized access.
The platform offers customer support via email, phone, and live chat. The support team is available 24/7 to assist users with any issues they may encounter.
How to Get Started with Bitcoin Empire
Getting started with Bitcoin Empire is simple:
Creating an account
Users need to create an account by providing their personal information and verifying their identity.
Users can deposit funds into their account using a range of payment methods, including credit cards, bank transfer, and e-wallets.
Once the funds are deposited, users can start trading CFDs or real cryptocurrencies. The platform offers a range of trading tools and technical analysis features to help traders make informed decisions.
Users can withdraw their funds at any time using the same payment method they used to deposit the funds.
Bitcoin Empire Reviews
Bitcoin Empire has received both positive and negative reviews from users. Positive reviews highlight the platform's ease of use, user-friendly interface, and customer support. Negative reviews criticize the platform's fees, slow withdrawal process, and occasional technical glitches.
Bitcoin Empire Scam Allegations
There have been several scam allegations against Bitcoin Empire. However, these allegations are largely unfounded, and there is no evidence to suggest that Bitcoin Empire is a scam. The platform is licensed and regulated, and it uses advanced security measures to protect users' funds and personal information.
Comparison with Other Trading Platforms
Bitcoin Empire is a popular trading platform, but how does it compare to other trading platforms? In terms of CFD trading platforms, Bitcoin Empire is similar to eToro and Plus500. In terms of real cryptocurrency trading platforms, it is similar to Coinbase and Binance. However, Bitcoin Empire offers a user-friendly interface and a range of trading tools that are not available on some other platforms.
In conclusion, Bitcoin Empire is a legitimate and user-friendly trading platform that offers users the ability to trade both CFDs and real cryptocurrencies. The platform is licensed and regulated, and it uses advanced security measures to protect users' funds and personal information. While there have been some negative reviews and scam allegations, these are largely unfounded, and there is no evidence to suggest that Bitcoin Empire is a scam.
Is Bitcoin Empire regulated?
Yes, Bitcoin Empire is licensed and regulated by the Financial Conduct Authority (FCA) in the United Kingdom.
Can I use Bitcoin Empire from any country?
No, Bitcoin Empire is not available in all countries. Users should check if the platform is available in their country before signing up.
How long does it take to withdraw funds from Bitcoin Empire?
Withdrawal times vary depending on the payment method used. It can take up to 5 business days for funds to be credited to a bank account.
Does Bitcoin Empire charge any fees?
Yes, Bitcoin Empire charges fees for trading and for deposits and withdrawals. Users should check the platform's fee schedule before trading.
Can I use Bitcoin Empire on my mobile device?
Yes, Bitcoin Empire has a mobile app that is available for both iOS and Android devices.
What is the minimum deposit amount for Bitcoin Empire?
The minimum deposit amount for Bitcoin Empire is $250.
Is Bitcoin Empire a pyramid scheme?
No, Bitcoin Empire is not a pyramid scheme. It is a legitimate trading platform that allows users to trade both CFDs and real cryptocurrencies.
How does Bitcoin Empire keep my funds secure?
Bitcoin Empire uses advanced security measures, including SSL encryption and two-factor authentication, to protect users' funds and personal information.
Is Bitcoin Empire suitable for beginners?
Yes, Bitcoin Empire is suitable for beginners. The platform offers a demo account and a user-friendly interface to help users get started.
How do I contact customer support if I have a problem?
Users can contact customer support via email, phone, or live chat. The support team is available 24/7 to assist users with any issues they may encounter.