Crypto Engine Review – Is Crypto Engine a Legit Trading Robot or a Scam? This is What We Found Out.

CryptoEngine Screenshot

Crypto Engine Rating

$250 Min Deposit
9.7

Trading Platform

9.5/10

Education

9.5/10

Customer Service

10.0/10

Account Types

9.5/10

Safety

10.0/10

Crypto Engine Review

Crypto Engine LogoHave you been in search of a passive way that you can use for generating an income online? If you have been looking into this option, then you have probably come across Crypto Engine. A quick visit to its website shows that this is a trading robot that can allegedly generate thousands of dollars for its investors on a daily basis, simply by speculating on the volatility of cryptocurrency. This trading robot gives the traders the opportunity to trade some of the popular cryptocurrencies in the market, including Bitcoin, Bitcoin Gold, Ethereum, Zcash, Monero, Ripple, Golem, Status and Lisk.

But, the question is whether Crypto Engine is legitimate and is it a good idea for you to try it? My friend, Josh, and I decided to take a close look at Crypto Engine. Our goal was to discover whether it was indeed as good as it claimed to be or it was just another one of the scam applications that exist in the market. I couldn’t have done this without Josh because he has been part of the crypto market for some time and I don’t have enough experience to make a judgment on my own. So, what did our observation reveal?

From the information we were able to gather, it seems that Crypto Engine is indeed a legitimate platform. You can use this robot if you are looking for consistent performance and it has managed to get a lot of positive online feedback. There is a big potential of earning high returns, but this doesn’t mean that you should make a decision without learning more about how Crypto Engine works and how it will generate returns for you. It is possible for any entity to make all kinds of claims and it is mostly done because they are financially motivated.

The problem is that this makes it immensely complicated for traders because they are unable to distinguish between accurate claims and false ones. It often prompts them to make a wrong decision, which they eventually regret. You will also deal with this issue when it comes to Crypto Engine. There are some that claim it is a legitimate tool for earning solid returns whereas there are those that label it as a scam. In order to find out what’s right and what’s wrong, Josh and I had to gather information from various sources. In addition, we also invested some of our own money to determine if we could earn returns through it or not.

ROBOTRATINGPROPERTIESTRADE
 

Crypto Engine Logo


✮✮✮✮✮

Free To Use


90% Claimed Win-rate
$250 DepositAccepts Credit Card
  Trade Now

At the end of the day, we discovered that Crypto Engine is indeed a legitimate and effective trading robot and can really do what it promises. How did we do that? The following steps helped up in drawing this conclusion:

  • We began our research by looking into the user reviews of Crypto Engine that were left by people who had used this application. We came across a few that were quite convincing. They indicates that they had used Crypto Engine and were able to make substantial returns with the help of this trading robot.
  • In order to verify all the claims, we opened an account on the application and invested our own money. It should be noted that while we did make some returns and enjoyed success, it wasn’t without risks because we did notice some.

CryptoEngine Screenshot

What is Crypto Engine?

Even though crypto prices are plummeting and fluctuating regularly, more and more people in the industry are generating some high returns. Therefore, it is a given that you would be wondering how it is possible. If you speak to the most successful traders in the crypto market, you will discover that they take advantage of trading tools to help them in betting on the rising and falling prices of various cryptocurrencies. Put simply, they are able to generate profits by betting on the falling prices. Trading bots are one of the tools that these traders are known to use. The only issue is that there are tons of these bots that you can find in the market.

Some may think having so many choices is a good thing, but the problem is that it has provided many scams the opportunity to enter the market as well. It is very easy for traders to become entangled with a scam, believing it is a legitimate application. Crypto Engine is one of these trading robots that are available in the market and it is vital to figure out where it stands. The signs indicate that it is an authentic platform because the robot has the capability of analyzing huge quantities of data and generate tradeable insights through it. Another prominent factor about Crypto Engine is that these insights are executed automatically.


How Does Crypto Engine Work?

  • One of the first things that you should know about Crypto Engine is that it doesn’t require the traders to have any skill for operating it. This trading robot uses some of the best trading technologies for reading the data obtained from the crypto markets and then generates the trading insights that can be used for earning profits. The most common technology that’s utilized by Crypto Engine is Artificial Intelligence, along with its subsets of DL, ML and NLP. With the help of these technologies, the trading robot is able to conduct both technical and fundamental analysis and it claims to have an accuracy level of more than 90%.

  • Some users have alleged that they were able to earn as much as $25,000 with just a deposit of $250. At the outset, this may not seem true, but this level of earning is possible when you consider the technologies that are used by Crypto Engine along with the trading conditions that its partner brokers are able to offer. Most of the trading robots in the market that are powered by artificial intelligence are capable of beating the market. It is through the use of these AI technologies that some of the top traders have been able to earn billions of dollars. The algorithms that are used by Crypto Engine have been designed from the trading strategies of some of the top crypto traders in the market.

  • It is also a well-known fact that the founder of Crypto Engine has also made millions all through crypto speculation. Crypto Engine has also entered into a partnership with some specialized robot brokers for providing its users with a seamless trading experience. The roles of these brokers include receiving the deposits that are made and then execute the orders, as instructed by the bot. As compared to traditional brokers, these robot brokers come with trading systems that can be used for instant execution of orders.

  • A strategy called High Frequency Scalping is applied by trading robots like Crypto Engine. Instant order execution is vital for this trading approach because even a small slippage can lead to huge losses for the trader. One of the greatest benefits of Crypto Engine is that it has collaborated with some of the most well-regulated brokers in the market. They are all regulated by some of the leading institutions and bodies, which is very reassuring. Some of these regulators are the Australian Securities and Investment Commission (ASIC) and the Financial Services Board (FSB). As a matter of fact, some of these brokers are also regulated by the Financial Conduct Authority (FCA).

  • Why is a properly regulated broker so important? Working with a broker that’s regulated serves as a guarantee that the deposits of the traders will remain safe even if there is the possibility of bankruptcy. Furthermore, brokers also provide traders with leverage, which gives them a great opportunity of magnifying their trades. The partner brokers of Crypto Engine are offering leverage as high as 1:5000. How is this level of leverage helpful? It allows a trader to bet on positions that are worth more than 5000 times of their trading capital.

  • Nonetheless, you should be aware that while high leverage does have the potential of providing you with high earnings, it can also lead to catastrophic losses. Another plus point of Crypto Engine is that along with its partner brokers, this trading robot is offering negative balance protection to its customers, which can go a long way in helping them minimize their risks. Yet, even with this feature in place, there is still a risk that you could lose your entire invested capital. Therefore, it is highly recommended that you should only trade what you can afford to lose.


How to Use Crypto Engine?

In order to reap the benefits of Crypto Engine, you will have to register yourself on the platform. The good thing about Crypto Engine’s registration process is that it is a breeze. As stated earlier, this is a 100% auto bot, which means that you don’t have to have any specific skill or expertise for taking advantage of it. The whole registration process doesn’t take traders longer than 15 to 20 minutes. However, you should bear in mind that you may have to wait for at least an hour before you can trade because your identity will have to be verified.


Here is a step by step guide that you can follow for opening an account on Crypto Engine:

Step 1: Create a free account

The first step that you need to take is visit the website of Crypto Engine and fill out the registration form that’s provided. You will find it easily on the top round corner. The form will ask you to enter your name exactly as it appears on a government issued ID. You will also have to have your email and a working phone number. As is expected from a legitimate platform, you will have to verify the phone number and email. This verification involves sending an SMS code to your phone number and sending a confirmation link to your email. It takes only five minutes for the initial registration process to be completed.

Before proceeding to the next step, it should be noted that Crypto Engine handles the data of its users with utmost care and confidentiality. We have identified that they have all the necessary security measures in place. They have used adequate encryption for their website and they have also implemented a robust password protection policy. This policy is crucial, given the fact that almost 95% of the cyber incidents start with a weak password.


Step 2: Connect with a partner broker

Crypto EngineOnce you have registered with Crypto Engine, you will be redirected to the website of a local partner broker. As stated earlier, all the brokers that are in partnership with Crypto Engine are regulated adequately. This means that you don’t have to worry about your funds because they are safe, even if the broker goes bankrupt. According to the rules set forth by regulators, brokers have to maintain separate accounts for deposits and also have to submit reports periodically, which dictate how the funds are used.

Before you can proceed, you will be asked to verify your identity. Nowadays, it has been made mandatory by financial institutions across the globe to verify the identity of their users before they accept deposits from them. This has been done in an effort to reduce financial crime, which also includes money laundering. If a broker doesn’t require you to verify your identity, you should not trust them. Identity verification involves submitting some form of government-issued ID whereas proof of address requires you to submit a recent utility bill or bank statement that shows your current address.

Crypto Engine Screenshot

With Crypto Engine, this entire identity verification process doesn’t take longer than an hour. This is a good thing because other brokers take at least 24 hours for verifying the IDs. It should also be noted that you may be allowed to go ahead without going through this step, but you will be required to deal with it later. If you don’t want to deal with any inconveniencies during live trading, it is best to provide accurate and truthful information.

Step 3: Make a minimum deposit of $250

When you have verified your ID, you can now go ahead and make a deposit. The minimum deposit requirement at Crypto Engine is $250, so you should ensure that you don’t deposit a lesser amount. Thanks to the partner brokers of Crypto Engine, you can use almost all of the major debit and credit cards for making a deposit. There is also the option of making a deposit through wire transfers or you can take advantage of e-wallets, such as WebMoney, Skrill and Neteller. Ethereum and Bitcoin wallets can also be used because they are accepted here.

You will be pleased to know that all deposits are free of charge and are reflected instantly in your account on Crypto Engine. As aforementioned, since the brokers are well-regulated, users can rest assured that their money is safe.

Step 4: Start trading with a demo account

Crypto Engine gives you the option of using a demo account and this is helpful because it allows you to get a live web-trader before they start trading in real-time. It is worth noting that even a small mistake during live trading can lead to substantial losses. Therefore, it is highly recommended that you take your initial steps with a demo account. The demo account offered by Crypto Engine has all the features that you would find in their live account. It is best to use this account to determine the level of risk that you can handle in a trade. This will depend on your tolerance. The higher the risk taken, the higher the potential rewards can be.

Step 5: Adjust the risk and start live trading

In order to trade successfully with Crypto Engine, all that you have to do is toggle the live button and then allow the trading robot to run unmonitored. It is best to let it run this way for at least eight hours a day. It is also necessary for you to make adjustments to the risk according to your tolerance and appetite. If you are unsure of which way to go, you can just leave the risk settings at default. Under these settings, you will have to handle risk of 10% per trade. This level of risk is recommended for beginner traders.

The Key Features of Crypto Engine

  • Demo trading functionality
  • Risk management capabilities
  • User-friendly interface
  • High success rate
  • Reverse trading capability
  • Advanced and innovative trading technologies
  • Professional customer support

Why Trade with Crypto Engine?

When you know that there are plenty of other trading robots in the market, you would naturally wonder why you should go with Crypto Engine. There are several reasons why it is a popular choice, some of which are:

  • It doesn’t require you to have any skills

One of the top reasons for people to use Crypto Engine is that it doesn’t require them to have any special skills or experience for using it to make money. This means that both new and experienced traders can take advantage of this trading robot’s capabilities. Experience traders can reap the benefits by being able to actively participate in the market while focusing on other matters. As for newbies, it gives them the opportunity to enjoy returns in the crypto market even though they have absolutely no knowledge or experience of how it works:

  • It provides you several cryptocurrencies to choose from

Another great reason for traders to go with Crypto Engine is the fact that this trading robot allows them to tap into the potential of a variety of cryptocurrencies in the market. Unlike other bots that usually focus on Bitcoin or don’t go farther than Litecoin and Ethereum, Crypto Engine offers you a lot more options. You can use it for trading some other less notable cryptocurrencies, such as Golen, Status, Zcash, Ripple, Lisk and Monero.

  • It offers round the clock customer support

The people behind Crypto Engine are quite familiar with the role time plays in the world of crypto trading. They understand that wasting a few minutes can mean losing a whole lot more in terms of value. Thus, they have made it a priority to provide their clients with round the clock and effective customer support so they can solve their problems immediately and go back to trading.

Can you Make Returns with Crypto Engine?

Crypto Engine seems to enjoy a high success rate. It supposedly offers a profitability of about 400%. Some people have allegedly earned $2,000 per day through this trading robot. This success rate is higher than most of the other trading robots that are available in the market. If you are looking to sign up with this trading robot, you are certainly going to enjoy its performance. For every 10 trades that are executed by Crypto Engine, you can expect to win at least eight of them. Nevertheless, it is recommended that you take some steps for keeping your risks at the minimum. What are they? Let’s take a look:

  • Start small: As mentioned above, it is best to start trading with what you can afford to lose. Going with $250 is not a bad idea because this gives you peace of mind and lets you observe the trends to determine when the bot is likely to do better. Remember that it works well when crypto volatility is high.
  • Get a trading partner: Having a trading buddy will help you stay focused. It keeps you disciplined and motivates you to keep an eye on what the bot is doing to ensure it works efficiently.
  • Trade when Wall Street is up: Since NYSE contributes to crypto volatility, the best time to trade via Crypto Engine is when Wall Street is awake and let it run for eight hours.

Crypto Engine Trading Robot Screenshot

Crypto Engine Review: The Verdict

Our investigation revealed that Crypto Engine is indeed a legitimate trading robot and is definitely worth a try. It has been well-reviewed and has received a lot of positive feedback. It has the technology to help you make high returns, but you need to exercise caution as cryptocurrencies are a relatively new asset and come with more risk than other assets.

ROBOTRATINGPROPERTIESTRADE
 

Crypto Engine Logo


✮✮✮✮✮

Free To Use


90% Claimed Win-rate
$250 DepositAccepts Credit Card
  Trade Now
Summary
Review Date
Reviewed Platform
Crypto Engine
Author Rating
51star1star1star1star1star

2 thoughts on “Crypto Engine Review – Is Crypto Engine a Legit Trading Robot or a Scam? This is What We Found Out.

    1. I deposited $250 about 4 months and put the trading on auto-trade, I made during the first month $10,000 but after that the bot is less successful because of crazy volatility sine COVID-19 started, I guess the markets are less predictable now, I should have withdrew the money when I had $10,000 in my account already. Now I’m down to $2,000 in my account but I don’t want to withdraw until I get to $100,000 or until the bot looses my initial $250, I can afford to loose $250 so it’s not a big deal for me.. The broker promised me that whenever I want to withdraw I can withdraw to my BTC wallet without fees or to my bank account with a crypto-to-fiat %3 fee and transfer fee of $40. I trust that when I need to withdraw i will be able to and also my friend Josh From Australia told me he already withdrew without any problems..

Leave a Reply

Your email address will not be published. Required fields are marked *