31 Jan 2023 · 9 min read

BitSoft360 Review - Scam or Legitimate Trading Software?

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content

BitSoft360 claims to be a cryptocurrency trading platform that lets investors buy and sell top digital assets, including Bitcoin, Ethereum, Cardano, Bitcoin Cash, and many more. Our BitSoft360 review will analyze all the features, supported assets, and pros and cons of this trading platform. 

We will also analyze whether BitSoft360 is a legit or scam trading platform. 

BitSoft360 Summary

The table below has listed some of the platform's features, as per the claims made by BitSoft360. 

Type of Trading Crypto 
Success RateNot Specified
Cryptocurrencies AvailableBTC, BCH, ETH, ADA, and more
Available on Mobile?No (But accessible via mobile browsers)
Withdrawal or Deposit FeesNone
Customer SupportLive Chat and Email
Withdrawal Speed24 hours
Minimum Deposit$250

 

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

What is BitSoft360? 

According to the BitSoft360 website, investors can begin trading multiple cryptocurrencies by leveraging this trading platform. 

Interested readers can access BitSoft360 from a desktop, mobile phone, or any other supported device and create a free account in just a few minutes. 

Each member is required to make a minimum deposit of $250 before they can supposedly begin trading with BitSoft360. The BitSoft360 website states that investors can buy and sell multiple digital assets, including large-cap cryptos such as Bitcoin (BTC) and Ethereum (ETH). 

Since BTC and ETH are 66% and 67% below their all-time highs, new investors may see this as an opportunity to enter the digital assets space. Other cryptocurrencies, including Cardano (ADA), Bitcoin Cash (BCH), Ripple (XRP), and many more, can also supposedly be traded on BitSoft360. The BitSoft360 platform also claims to offer a demo trading account, allowing users to trade with virtual funds. 

By studying other BitSoft360 reviews and researching the platform online, we have learned that there is not much known about the founders of this platform. We cannot verify all of BitSoft360's claims due to the limited knowledge on much of the platform's features. 

BitSoft360 Pros and Cons

After analyzing some of the claims made by this platform, here are a few pros and cons of BitSoft360. 

Pros 

  • Offers crypto trading 
  • No commission taken on trades
  • Create an Account in a few minutes
  • Withdraw funds in 24 hours or less

Cons 

  • No information available on how the platform operates
  • Platform Founders and development team is anonymous 

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

How does BitSoft360 Work? 

The main feature that BitSoft360 claims to offer is its trading platform. On BitSoft360, one can instantly create a new account by filling in the details on the registration page. The platform states that users need to first make a minimum deposit of $250 to begin trading, similar to other popular crypto robot tools we've reviewed on this site such as BitiCodes.

However, the online website provides no extra information on how BitSoft360 works. The BitSoft360 website does mention that users can start trading through a mobile phone via web-based browsing. 

BitSoft360  claims to be provide trading through MetaTrader 4 (MT4) - a famous trading platform. The MT4 platform allows users to trade forex, cryptocurrencies and many more assets by accessing real-time price data, technical indicators, and other trading tools. 

BitSoft360 also claims to support Web Trader, another web-based platform that lets investors open and close trades without downloading any additional software. 

BitSoft360 Key Features

Our BitSoft360 review will now discuss some of the platform features. These features have been analyzed after studying the claims made by the BitSoft360 platform. 

Supports Multiple Digital Assets 

BitSoft360 claims to offer a trading platform that lets users buy and sell cryptocurrency assets. Once the account has been created, members must make a deposit before accessing the platform. 

Afterwards, BitSoft360 states that investors can begin trading multiple tokens, including BTC, ETH, ADA, BCH, XRP, and many more. 

Offers a Demo Account

The BitSoft360 trading platform also claims to provide a demo trading account that all members can use. A demo account allows users to trade assets using virtual funds. A demo trading account typically mirrors the live market conditions of the standard account. 

This means that one can access all the trading tools of the standard platform to test out future strategies. The demo account is one way traders can analyze the potential of a particular trading platform without losing any funds. BitSoft360 provides no information on the available features on its demo account. 

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

BitSoft360 Fees

BitSoft360 claims that investors are not required to pay any trading fees while using the platform. No deposit or trading fees is required to be paid by the customer, per the claims that BitSoft360 makes. The table below provides further insight on the BitSoft360 trading fee structure. 

Trading FeesNone
Account FeesNone
Commission None
Withdrawal/Deposit FeesNone



 

BitSoft360 Minimum Deposit 

As mentioned above, BitSoft360 claims to charge a minimum deposit of $250 from all members.  Investors can make this deposit by accessing a handful of payment options, as per the claims made by the BitSoft360 platform. 

BitSoft360: Compatible Devices

According to the BitSoft360 platform claims, here are the devices through which this trading platform can be accessed: 

  • Desktop
  • Laptops
  • iPads and Tablets
  • Mobile Phones (via web-based browsing)

Is BitSoft360 a Scam? 

Our BitSoft360 review has currently reviewed some of the available trading features, pros and cons, and compatible devices that the platform claims to provide. The BitSoft360 website suggests that this platform allows members to buy multiple crypto tokens like BTC and ETH. 

However, the BitSoft360 website does not offer a detailed analysis on the available features or trading tools that users will be able to leverage. Moreover, other BitSoft360 reviews also did not learn anything new that could help verify some of the platform’s claims. 

To learn more about BitSoft360, interested readers can check out customer reviews on Trustpilot. We suggest that all readers take their time to check this platform. Only begin trading after being aware of the risks involved. 

BitSoft360 Customer Support

We have learned that BitSoft360 claims to offer support to all platform members through its customer service department. Apparently, this particular department can be reached through email and live chat services. 

How to Use BitSoft360

After carefully reviewing BitSoft360, users can decide whether they wish to begin trading with the platform. Follow the steps below to learn how to use the BitSoft360 trading platform. 

Step 1: Open a New BitSoft360 Account

Start creating your account by visiting the BitSoft360 website. Enter your first and last name, email address and phone number. 

Once this is done, select ‘Register Now’.

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

Step 2: Make a Minimum Deposit 

The website has suggested that members must make a $250 minimum deposit. This transaction can apparently be completed via credit cards or e-wallet options. 

Step 3: Start Trading Cryptos with BitSoft360

Once the transaction is completed, members can supposedly begin trading with BitSoft360. Choose the assets you wish to trade and make an investment. 

How to Delete a BitSoft360 Account? 

We have learned that users can apparently access the account termination option from the BitSoft360 menu itself. One can follow the on-screen instructions and then close their account with BitSoft360. Users can take assistance from the BitSoft360 customer service team should they face any problems when trying to close the account. 

Does Jeff Bezos use BitSoft360? 

Jeff Bezos is the Founder and current Executive Chairman of Amazon, a trillion-dollar company. There have been a lot of rumors about whether Amazon will integrate cryptocurrency payment options in the future. A lot of people are also interested in knowing whether Bezos has invested in or uses any trading platforms. 

After researching Jeff Bezos on Reddit threads and other forums, we found nothing to suggest that he uses or is connected to BitSoft360 in any way. 

Does Elon Musk endorse BitSoft360? 

One of the world’s most wealthiest people, Elon Musk, has shown interest in cryptocurrencies like Bitcoin and Dogecoin. After Musk acquired Twitter in 2022, many have speculated on the possibility of the social media company integrating digital tokens in the future. 

There is no evidence to prove however that Musk has ever used the BitSoft360 trading platform or any crypto trading bot software.

Does Martin Lewis use BitSoft360? 

The creator of MoneySavingExpert.com, a popular financial website, Martin Lewis, is a famous financial journalist. Lewis also made approximately £87 million in 2012 after selling his website. 

Like Musk and Bezos, there is no evidence to suggest that Lewis uses BitSoft360. 

Who Created BitSoft360? 

The BitSoft360 website contains no ‘About Us’ page or development team information, which could offer some information on the founders of this trading platform. The BitSoft360 team is completely anonymous. 

BitSoft360 Payment Methods 

As per the claims made by BitSoft360, here are some of the supported payment methods members can use: 

  • Credit/Debit cards
  • e-Wallets

The Verdict 

Our BitSoft360 review has analyzed the platform features, payment methods, minimum deposit, and much more. BitSoft360 claims to be a crypto trading platform but offers little information on how the site operates. 

There is also very less known about the platform features and trading tools. Since there is also not much known about the BitSoft360 founders, it is difficult to confirm any of the claims made by this trading platform. Therefore, we recommend that readers take their time to review the BitSoft360 platform independently. Study this trading platform and decide whether you wish to trade with BitSoft360.

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

BitSoft360 FAQs

What is BitSoft360? 

BitSoft360 claims to be a cryptocurrency trading platform. The platform website suggests that users can trade multiple cryptocurrency tokens, including BTC, ETH, XRP, BCH, ADA.

Does Elon Musk Use BitSoft360? 

Elon Musk has previously talked about popular cryptos such as Dogecoin and Bitcoin. There is no information or evidence to suggest that he uses or has used BitSoft360’s trading platform.

How to start using BitSoft360? 

Investors can visit the BitSoft360 platform website and create a free account. After this is done, each member must make a minimum deposit of $250. Investors will supposedly be given access to the trading platform, and the trading features after the transaction is processed. 

Is BitSoft360 a scam or a legit trading platform? 

While BitSoft360 claims to support multiple crypto tokens, there is very little known about the available features, platform founders, and more. Interested readers should carefully review this platform independently and make themselves aware of all the risks involved when trading cryptocurrencies.