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Bitcoin-Trader.biz (BTC Investments) Review

Bitcoin-Trader is an investment management company which launched at the end of 2013, and which offers Bitcoin related investments to the general public. I started using their services myself in January 2014, and this article will present an overview of the site and its investment opportunities, along with my own personal experience with them over the last 6 months.

Two different investment opportunities are currently available through the Bitcoin-Trader.biz website: A trading pool and a mining pool. Both of these funds pay out your share profits on a daily basis, and both require you to lock up your initial capital investment (I think its called the 'principle' amongst professional investors but I'm not entirely sure) for a set period of time, but both the terms and obviously also the returns differ between the two funds.

Shares in either of the two funds can be purchased using either fiat money or digital currency, using a reasonably good range of payment processors including:

  • Bitcoin
  • Litecoin
  • Ripple
  • Perfect Money
  • OKPay
  • PexPay
  • BTC-e
  • Payeer

A daily fixed exchange rate is set for digital currencies which applies to both deposits and withdrawals. The investments themselves are denominated in USD, so if you deposit a digital currency it is automatically converted to USD and applied to your balance. The profits are paid to you based on this USD balance, and when you withdraw you get your dollar balance worth of digital currency back (if that is the withdrawal method you choose). This means that the site offers a hedging opportunity for Bitcoin holders, but may lead to you losing Bitcoin if the price of Bitcoin rises faster than the value of the fund you have invested in.

Bitcoin-Trader Trading Fund

Trading fund shares cost $20 USD each and expire after 120 days. That means that there is no way for you to access your $20 until after the 120 day period when your 'share' expires, but you can withdraw the daily payments you receive from the fund's profits at any time you like.

The money invested into the fund are used to take advantage of arbitrage opportunities between different markets and exchanges for Bitcoin. In case you are not familiar with arbitrage, it is when a trader takes advantage of the price different between two or more markets in order to buy at one price, and (as instantly as possible) sell again at a higher price straight away. Although there is some risk in arbitrage because the market can move more quickly than you are able to make the second of your two matching trades, it is generally considered to be a relatively low risk trading strategy.

The fund trades during regular working hours, which means that you get daily payments from Monday to Friday, but not on the weekends or during bank holidays in the United Kingdom where the company is based.

The Bitcoin-Trader website advertises returns of 'up to 3%' per day for their trading fund. Although I have not noticed any days when the returns were as high as 3%, the return on investment which I have received has been very good. Most days the profit comes in at between 0.5% and 1%, with an average of around 0.8% per day – which is really excellent when compared to traditional investment returns.

As I said at the beginning of the article, I started using this site around 6 months ago. During that time I have made at least 6 withdrawals; that has included withdrawing my principle investment amount after the expiry of trading fund shares, which I have done twice. I have never had a problem with missing or delayed payments, but it does usually take around 1-2 working days for withdrawals to be manually processed.

When I first started using this site the returns they boasted seemed like they might be too good to be true, and I nearly wrote it off as another HYIP (High Yield Investment Program) scam – of which there are many. But having decided to take a chance with a small amount of Bitcoin, I have been very pleased with the returns, and the customer service I have enjoyed from the site (I contacted them once with a 'problem' which turned out to be due to me being dumb and not reading the site properly rather than anything of their doing, and the response was very fast, polite, and helpful).

Mining Fund Shares

The Bitcoin-Trader Mining fund invests in mining hardware and generates daily returns for its investors. The minimum investment for the mining fund is somewhat higher than for the trading fund, at $100 for one share.

Shares in the mining fund last for one year before expiring, and unlike the trading fund you do not get your initial investment back when the share expires. Because mining is more automated and requires less intensive input from human workers, the mining fund pays out every day regardless of weekends and bank holidays. Currently these daily earnings are being advertised on the site as 0.22% per day.

I haven't personally invested in the mining shares so I cannot confirm whether or not investors have received the full advertised returns.

Additional Information

You can convert your balance between different payment processors, but significant fees can be applied if you do so. For example, if you deposit USD using PexPay and then use them to purchase shares in a fund, your returns will be specifically labelled as PexPay USD returns. If you want to then withdraw via Bitcoin or OKPay or some other processor, you will have to pay an 8% charge to convert your balance.

The website is very clear and open about these charges, however, and will even bring up a pop up box warning whenever you try to exchange balances like this to make sure you know exactly how much you are paying. There are no hidden fees to eat away at your profits without you noticing.

You can find more information, including comparison tables for the two funds, on the Bitcoin-Trader website. You can also follow the company twitter account for daily updates on profits and information about other Bitcoin trading opportunities @BTC_Trader

Categories: Investing | E-Currency | Bitcoin


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