The best BC Trader feature, aside from the fact of ideally making successful micro-trades based on AI-data algorithms is that it performs each individual trade on your behalf in your own account to where you have complete visibility and control on how the BC Trading bot works.
Like some promote and promise, BC Trader is not actually designed to be fully-automated trading bot, but does the bulk grunt work and provides direction based on the trading strategies you select per coin pairs and risk tolerance. Most do not have the time of day to micro-management minute trades and capitalize on the crypto market volatility and thus BC Trader's AI-based software executes a real trading strategy within your own exchange account.
Out of the box the Bitclub's crypto trader package will be compatible with 8 exchanges and has plans to add more in the future after more users populate the platform.
Here are the first cryptocurrency exchanges BC Trader will work with…
- Coinbase Pro
You can set the limits and adjust the amounts based on how much you want to range and risk within the marketplace. You are able to constantly tweak, start, stop and modify any trading strategy you have to maximize your results no matter how active or passive you want to be starting out. While the proof is in the pudding about the success behind the Bitclub Network history, and we know the nature doubts of a software-led crypto trading AI algorithm can be high but knowing who they are and what they bring to market it will be quite impressive to see if the BC Trader product can live up to the success BCN mining pools put together the past four to five years.
$1,000 Trader Pack – This package gets you a multi use license that allows you to trade on 2 exchanges up to $5,000 per day total. You can select up to 7 trading pairs on each exchange.
$2,000 Elite Trader Pack – This package gets you a multi use license that allows you to trade on 5 exchanges up to $15,000 per day total. You can select up to 15 trading pairs on each exchange and put multiple strategies to use.
$3,500 Founder Trading Pack – Just like our mining pool package this will get you all 3 packages rolled into one and give you Founder status in the compensation plan. When purchasing this package you will be able to trade on ALL exchanges up to $100,000 per day with unlimited trading pairs.
It appears the way these are organized is that you can buy the founder spot and receive the benefits of all the others or buy each individual package separate and get the benefits per offer. The compensation plan for the Founder seems to be the most advantageous as it will open up the ability to earn on all the package levels. They do have a limit of $100,00 per account.
Each BC Trader Pack is eligible for a year long of trading. After the 12 months is up, the annual renewal fee for the software will be required but has not been set in stone yet.
Bitclub Network's team behind BC Trader was also adamant about any and all ROI expectations and cautioned a use at your own risk message and explicitly said they do not guarantee any profits or results and have a chance at losing funds per trade. They were also quick to mention the fact that they are at the mercy of exchange failure and fraud just as any one of us are naturally. They do mention the caveat of receiving a complete set of risk disclosures and will be actively monitoring all marketing promises and income claims as a big no-no.
Here is the calendar for each of the BCN members to obtain a BC trading license to get started with and using the platform.
Here is the launch schedule…
- Mega Monster – Already have full access
- Monster Builder – February 18-19th
- Master Builder – February 20-23rd
- Pro Builder – February 24-27th
- Builder – February 28th – March 2nd
- Everyone will have full access by March 3rd
While it is early, they have mentioned of adding many more exchanges as well as constantly innovating new algorithms and adding new trading pairs for more diversity.
What is main takeaway was that BC Trader looks to become a flagship product for Bitclub members and have no plans of slowing down advancements as they plan to share more details regarding the newly released BC Trader as well as BC Premier, ClubCoin and CoinPay.
Please let us know your comments below if you are going to try out BC Trader or if you already have what your current results have been. Thanks for reading our review of BC Trader, please let us know any other details to add to our research.