Teslacoin Review – Scam or Legit?
Teslacoin is a crypto trading robot that promises to trade Bitcoin and other digital currencies profitably on your behalf. The platform uses artificial intelligence to spot trade setups and act on them without any intervention on your part.
Teslacoin doesn’t provide information about its success rate, which can leave traders wondering: Is Teslacoin legit? In our Teslacoin review, we’ll take a closer look at this Bitcoin robot to help you decide if it’s right for you.
Let’s start our Teslacoin review with a quick summary of the platform:
Your capital is at risk.
What is Teslacoin?
Teslacoin is a trading robot that can automatically trade Bitcoin, Ethereum, Ripple, and Cardano on your behalf. The platform says it uses artificial intelligence to identify trades in real-time, and then uses money from your trading account to open a position. At the end of every trade, all of the funds, including any profits, are returned to your trading account.
What makes Teslacoin unique is that instead of keeping your account funds in cash, it automatically converts your funds to TeslaCoin cryptocurrency (TES). This means that your account is exposed to the price of TES, so you stand to gain if the value of TES rises.
Teslacoin doesn’t specify how successful its algorithm is at closing trades for a profit. However, the platform does offer a demo trading mode, so you can test it out for yourself without risking money on live trades.