Bidsbee Review: Features, Pros and Cons, and Whether It is Worth Your Attention

Many users now use social trading platforms that allows investors to copy the trades of other traders.

Bidsbee, a social copy trading platform, opens the world of trading for beginners and enables expert traders to benefit from an extensive set of tools and functions. Here, we will check the functionality, have a look at the pros and cons of the platform, and will see whether the site is indeed worth your attention.

Functionality

Offering everything that a trader needs. Both beginners and experts can find the right set of tools and functionalities to benefit from.

For beginners

For beginners, the platform offers copy trading. If you aren’t sure how to trade, just pick a trader, subscribe to him, set up trading limits, and benefit from copying his trades, and has selected top traders for copying. Also, you can check all the relevant statistics on each trader such as his ROI, risk level, etc. So, you can choose one that really suits you.

By copying and analyzing the orders of an expert, you can learn, improve your skills, and become a professional, too. With time, you can even become a trader whose orders are copied by others.

Educational materials and guides are available, too.

For experts

For experts, providers often offer an advanced trading terminal. It allows you to manage all your trading accounts in a single place and expands the traditional CEX functionality by allowing you to place all types of orders and use a trailing function. It is very easy to use and enables you to trade effortlessly.

Trading signals allow you not to miss a single moment when the right time comes to buy or sell an asset. As soon as a buy or sell signal is generated, an alert is sent to Telegram. You can subscribe to your favorite signals and set them up to match your trading strategy.

Trading bots are a perfect tool for those who want to automate their trading strategy. You pick the bots that you like, set them up, and let them trade for you.

Copy trading is also your functionality if you want to generate an additional income flow. You can register a public trader profile, collect statistics on your trades to make your profile look more interesting for subscribers, and let others subscribe to you and copy your orders for a fee. The more subscribers you get, the more you earn. The subscription fee you set up on your own. It can be as high or as low as you want.

For all traders

Before purchasing a paid plan, you can test whether the platform suits your needs with a free Basic package. With it, you can access all the platform’s functionality for a time sufficient to test everything.

Trading with a virtual balance allows you to test your strategy without risking your money. When you open an account on, you get 1 virtual Bitcoin. With it, you can test everything but copy trading, and you can be sure that you don’t lose real funds (you don’t earn real funds, either).

Is Bidsbee Legit?

The cryptocurrency trading platform is a law-obedient platform. It complies with all the requirements, and its safety is proved by Hacken.

The platform offers non-custodial services. It means that the platform doesn’t have access to and doesn’t store your funds. All your money is protected by the safety of your CEX account.

The platform doesn’t require to pass any verification procedures. All you have to do to trade is to register an account, and to connect your CEX account (or accounts) via API keys. All the information on how to do it is provided.

Pros

An extensive functionality
Tools for beginners and expert traders
No KYC
Easy account registration
Top safety level
Low entry limits
Affordable pricing
A free plan
Trading bots
Trading signals

Cons

This is one of the youngest players in the market. However, considering its rapid development and reliability, its young age can be hardly considered a disadvantage.

Is It Worth Your Attention?

The platform is working on enabling everybody to trade. It offers all the functions needed for expert trading and for those who are just making the first steps. Additionally, beginners and experts can benefit from a copy trading functionality. Beginners can copy the orders of expert traders and earn, and expert traders can generate extra income from subscription fees.