BitUniverse – An In-depth Crypto Bot Review

BitUniverse – An In-depth Crypto Bot Review

BitUniverse is a free smart crypto bot that works 24/7. It boasts an average ARR of more than 100%. The platform offers 16 trading bots, and more than 26 exchanges, and supports over 6000 cryptocurrencies. As per the vendor, the free bots work 24/7 and are fully automated. They include 16 bots that are ready to configure. You can automate various trading methods of which the popular strategy used is the grid trading system.


About BitUniverse

BitUniverse Crypto Bot Review: Free Smart Automated Bots

The platform offers fully automated bots that are efficient and easy to use. As per the vendor, the platform has more than 600k traders and a daily trading volume of more than $50 million. The algorithms used by the bot support various strategies such as grid method, TP, SL, intelligent tracking, and more. 

BitUniverse crypto trading bot: how does it work?

According to the vendor, the platform has smart trading bots that function 24/7. They are reliable and identify every opportunity in the markets allowing you to never miss a trade. The design of the bot is such that you can earn money even when you are not monitoring the trades as the bot works for you when you are asleep or at work.

How to set up BitUniverse?

Here are the steps need to get started on the platform:

  1. Visit the official website and download the mobile app of the service
  2. Enter your phone number or email address. You will receive an email with login credentials using which you can sign in to your account
  3. Create API keys on an exchange where you have an account
  4. Use the API keys to connect your exchange to the platform. The API keys allow trading permission only and the platform cannot touch your funds directly
  5. You can choose from the ready-to-use bots present on the platform and the bot will start trading for you after you have configured it to your preferences

Key takeaways

Some of the key features of the service are:

  • It provides free automated bots that work 24/7.
  • The algorithms used to support various trading methods such as TP, Grid, intelligent tracking, SL, and more.
  • A military-grade security and encryption are used by the platform for the safety of user data and privacy.
  • It uses official exchange API keys and does not handle user funds ensuring fund safety.
  • Over 6000 cryptocurrencies are supported and include Dogecoin, ETH, Bitcoin, etc.
  • The platform supports Binance, Pionex, FTX, Bitfinex, and many more exchanges that number over 26.
  • A dedicated mobile app is present for an enhanced user experience.

User interface

The web interface is easy to use and the vendor claims that the bots are easy and simple to use and do not need knowledge of programming or trading approaches to use them.

Trading strategy behind BitUniverse

Multiple strategies are used by the platform and they include popular methods like grid trading, trailing TP, Stop limit, etc. The grid approach works best in a fluctuating sideways market. You need to fix a price range and the grids you need and if the market price is within the set range, the bot will work by selling a portion in case of a price increase or buying a portion when the price is low. 

How profitable is BitUniverse?

While the vendor boasts a high trading volume and users numbering over 600k, there is no verified proof of performance. The absence of verified results prevents us from evaluating the profitability effectively.

Safety and security of BitUniverse

As per the vendor, the platform uses military-grade security and encryption.  However, there is no explanation of the measures used. The vendor claims that the safety of user funds in the exchange is strongly ensured as the service does not handle user funds directly but only through the exchange API for trading.

Customer support

For support, the vendor offers a Telegram link and an email address. Links to its social media pages on Twitter, Discord, and Medium.com are also present.

Reputation

As per the info on the official site, the service was started in 2019 and is now in version 3.0.0. The domain name is registered to Think Beyond Pte. Ltd. for the year 2021. We could not find further info on the company, its team members, location, and other details.

Team members

The vendor does not reveal info on the team members, their expertise, and their experience in the field.

Exchange compatibility

Over 26 exchanges are supported by the platform and they include;

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

BitUniverse pricing: is it worth your money?

The company does not charge fees for trading. It does not have any hidden fees. The bots are free to use. As per the vendor, you should not allow withdrawal features while creating API keys to restrict the direct access to your funds.

BitUniverse review: upsides and downsides

Upsides   Downsides
Free trading botsLack of vendor transparency
Diverse strategiesNo verified track record
Multiple exchange support

BitUniverse review: final remarks

BitUniverse offers users various benefits such as free automated bots, a secure platform, a user-friendly interface, multiple exchange compatibility, the ability to trade more than 6000 crypto coins, and much more. However, there are some drawbacks like the absence of vendor transparency and the lack of a verified track record that you need to consider before you decide on using this platform.

Score: 6/10

Our Experts


Daniel Michelson

Daniel is a long term investor and position trader in the forex market.

Reva Green

Reva Green is the Senior Editor for website. An experienced media professional, Reva has close to a decade of editorial experience with a background.

Shandor Brenner

Shandor Brenner, an experienced writer at fxaudit.com, brings a wealth of knowledge with over 20 years in the investment field.

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