What is Bit IQ App, and How Does it Work? 


Written by Alex Jones
4 mins, 21 secs Read
Updated On December 22, 2023

Bit IQ app is an online Bitcoin trading platform that places the trades on your behalf. What makes this app different is its claim to be able to scan the market and place a highly profitable trade.  

What makes this app stand out from the crowd is the fact that this trading software is automated with no human intervention. Plus they claim to charge the commission only if you make a profit in the trade. 

Not only that, but this app has a whole lot of advanced features that have made trading easy and effective. In this article, we will analyze the BitIQ app and its features in detail. 

Bit IQ

About the BitIQ app 

In recent times, it has become important to have at least two streams of income to sustain an average lifestyle. In this case, trading becomes the easiest option because it does not require any extra work, and everything depends on your skills. 


But if you don’t have an interest in or skills in trading, the Bit IQ app is here to make things easier for you. This is simply an automated trading platform that will do the trading for you with professional trading strategies

They claim to use a statistical algorithm that predicts the most profitable trade of the bitcoin trading market. The whole team of BitIQ is crazy for bitcoins, making it a predominantly Bitcoin trading app, but that doesn’t mean you can’t trade in any other cryptocurrency. 

These are the trade coin options available on the app: 

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Bitcoin Cash (BCH)
  • Litecoin (LTC)
 cryptocurrency

Features of BitIQ 

It is the different and unique features of Bit IQ that make it different from other apps and stand out in the crowd. Following are the note-worthy features of Bit IQ: 

  • Supported currencies — Bit IQ supports 5 kinds of cryptocurrencies namely, Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), and Litecoin (LTC)
  • No fee — Bit IQ doesn’t charge any fee for the trial or the trading. If there’s no profit. They will only charge a fee when you make a profit. 
  • Success rate — The success rate of this app is an impressive 95%. They went from $100 net worth in 2013 to an impressive $20,000 in 2018 and are still going up in the market every day. 
  • Deposit — The minimum deposit required to get started with trading Bit IQ is $250. 
  • Withdrawal — The withdrawal speed ranges from 24 to 28 hours. 
  • Demo — You can easily create a demo account to test the app first. 
  • Leverage — A Leverage of 1:1000 is also available which is significantly more than its competitors. 
  • App — There’s no app by the Bit IQ on the Play Store or Apple Store. You can download the app from their official website or just use the online platform.   

Also read: What are the Best Means of Trading in Bitcoin?

How to Trade With BitIQ?

Bit IQ has a very simple interface and is super easy to use, follow along with these 5 simple steps to get started with trading on BitIQ:

  • Step 1: Go to the official website of the Bit IQ app, fill in the details, and create an account. 
    BitIQ app - create an account 
  • Step 2: Now download the app from the link you received in your email. You can utilize the demo account at this stage. 
  • Step 3: Once you are ready you can make the deposit. The minimum amount is $250.  
  • Step 4: After that go to the settings and set up your Bit IQ trading system. Take your time to understand everything, manage your risk settings, stop loss size, etc. 
  • Step 5: Now finally you can turn on the live trading. 

Benefits of Using BitIQ

At present, you can see saturation everywhere, from YouTube videos to the tech market, and certainly, online trading platforms are no exception. 

There are just so many available that sometimes it becomes difficult to determine which one is better. This is why everyone is constantly searching for the next big thing and BitIQ made it look possible with its advanced features and benefits. These are some of them: 

  • For all kinds of traders — The best part of this app is that it doesn’t matter if you are a newcomer or an expert in trading, you can start trading today with BitIQ platform. 

    Since the platform is automated, you will not have to worry about trading on your own, the bot is designed to trade tokens on your behalf. 

    If you are a seasoned trader and want to do things your way then the app will also allow you to do so. The versatility of the app took it far and to where it is today. 

  • Account Manager — After signing up on the app, you’ll be assigned a dedicated account manager who will handle all your inquiries and requests, so that you can freely focus on your trading and leave all the other issues behind. 
  • Wide range of tools — Bit IQ comes with a heap of tools to make trading easier and fun for you. You can customize your trading strategies according to your will. 
  • Compatibility — The Bit IQ app is compatible with all devices, be it PC (Windows and Mac) or Smartphone (iPhone and Android).
  • User friendly — The interface of the app is extremely simple helping the newcomers to locate their way around. They also provide 24/7 dedicated customer support on the platform, allowing you to solve all your queries at any point in time. 
Crypto market 

Pros and Cons of Bit IQ

No matter how great or unique the site is, they all have their pros and cons and BitIQ is no different. Here are the pros and cons of Bit IQ app: 

PROS CONS 
Simple interface The minimum deposit requirement is $250
Wide range of supported currencies Limited availability in some locations 
3. Fee is to be paid after making a profit which is just 2%——————-
Simple interface ——————-
Free demo available ——————-
24/7 customer support ——————-

Also read: How AI Trading Technology Works to Transform the Future of Trading?

Conclusion 

Bit IQ app is a legit online trading platform that stands out from its competitors and provides you with technical tools to start trading today. 

Bit IQ provides lots of features like no fee, 24/7 customer support, a wide range of supported currencies, etc. 
If you want to start trading in Bitcoin, you can start it today without worrying about your Bitcoin trading skills.




Author: Alex Jones
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