Many wish to earn passive income through trading cryptocurrencies but are put off by the highly volatile nature of the crypto market. By building a trading website with the right algorithms, it becomes possible to minimize risk and maximize profit. The Spy News offers this benefit and many others. Keep reading to find out more!
Pros & cons
Pros
- Easy-to-navigate user interface
- Avant-garde encryption and antivirus program
- Swift completion of transactions
- Registered cryptocurrency trading software
- Provision of manual and auto trading services
- No hidden charges
- Collaboration with licensed and credible brokers
- Zero registration cost
- Efficient crypto analytical team
- Leveraged trading
Cons
- Limited availability in geography
- Absence of a mobile app
- Not 100% volatile free
- Not much software information provided
Company overview
Year Founded | 2020 |
Official Website | |
Cryptocurrencies Available | Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), and Ripple (XPR) |
Customer Support | Live chat and https://newsspypro.com/contact |
The software combines both human and artificial intelligence in the analysis of cryptocurrency market trends. As the name implies, The Spy News was developed to swiftly detect relevant information regarding the situation of the cryptocurrency market. This detection is done in 0.01 seconds, way ahead of the usual time taken by other trading software. A built-in advanced algorithm is present in the software, bringing to reality the possibility of engaging in auto trading.
In relation to auto trading, on the other hand, the flash-like scouting technology inherent in The Spy News makes it possible for the trading bots to identify, secure, and finalize trading deals on behalf of users. As a trader, you’ll be required to fund your account with some amount of money. Afterward, you can decide to select “auto-trading” as your preferred trading style. Then the bots will commence trading using the sum of cash deposited into your account. This automated feature thus allows for even less technologically inclined folks to make use of the software, stress-free.
The Spy News website is accessible from secured browsers in over 100 countries of the world and an average daily profit of $1,500 is said to be achievable. However, this number is yet to be confirmed. The process of registration is free and seamless. The customer service system was tested and the result seemed efficient enough. In cases where no agent is available to engage in live chat, responses are provided promptly to users via e-mail. Notwithstanding, one bad apple here is the non-availability of information on the software developers and typology of encryption measures put in place to prevent undue penetration of the software. Asides from this, every other thing seems in place.
Currencies and payment methods
The cryptocurrencies offered for trading by The Spy News are limited but efficient. This is so because those made available comprise renowned currencies that’s most likely to guarantee high investment returns than other typologies. They include the following:
- Bitcoin (BTC)
- Litecoin (LTC)
- Ethereum (ETH)
- Ripple (XRP)
The basic fiat currencies made available for users of The Spy News are USD and EUR. Multiple payment options are available on the platform. They include but aren’t limited to the following:
- Visa
- PayPal
- MasterCard
Limits and liquidity
The Spy News offers users a chance to begin trading with just a minimum amount of money. Are you wondering “How much is this minimum sum?” and “What is the maximum amount of cash I can invest?” Take a look at the table below:
Minimum deposit | Maximum deposit |
$250 | $15,000 |
In terms of liquidity, the information derived from The Spy News website suggests that even with a minimum deposit of $250, users are able to earn up to $1,500 as daily profit. Such profits can be cashed out 24 hours (minimum) after trading seals have been concluded and a request for withdrawal has been made.
Fees
The information derived from the platform’s official website indicates the absence of any kind of hidden fees or extra charges. Primarily, no fees are charged for the purpose of registration. Although not stated on the website, research showed The Spy News charges a certain percentage as commission from profits earned using the software. The exact rate of the commission wasn’t mentioned but was said to be reasonable and fair.
Also, The Spy News bots work with reputable brokers who don’t charge any fees. Perhaps their fees are paid from the commission taken from users profits as explained above.
Cryptocurrency conversions
Users of The Spy News are permitted to trade in 4 different types of cryptocurrencies. The types made available have been highlighted earlier in this text. Users can thus alternate between them at different intervals (after concluding a trade session but before commencing another one.)
However, no info was encountered to support the ability of The Spy News users to switch from one cryptocurrency to another during the process of trading.
Withdrawal/deposit fees and withdrawal times
The minimum deposit fee to begin trading using The Spy News is just $250 and the maximum deposit made available is $15,000. Take a look at the withdrawal methods you can choose from and how long it takes for the money to reflect in your bank account:
Withdrawal Method | Withdrawal Time | Currency | Fees |
Debit card, PayPal, and others | 24-36 hours | USD/EUR | Varies |
Payment will be made to your account in the form of money and not cryptocurrencies.
Security
There’s information lacking on the layer(s)/encryption used in the software to protect the users’ details. Also, information on the software owner is made unavailable. This has caused skepticism in the minds of many as regards whether or not to trade cryptocurrencies on the software.
On the bright side, the contact details provided by users in the process of registration are subjected to verification. The purpose of this confirmation is to certify their ownership of the details in order to prevent unauthorized users from accessing members’ accounts. Users are also enjoined to play their path by creating a strong password so as to prevent easy guessing and penetration. Finally, a disclaimer is made available on the website to warn users about the volatile nature of the cryptocurrency market and the need to exercise caution before jumping at trade deals.
Not to be discounted is the ability to also engage in manual trading. However, manual trading is best conducted by experienced traders. The essence of this is to minimize loss, to a great extent. The Spy News fast news detection by the software allows for valid information to be passed across to users. This information will secure the investments of traders against loss.
How to create an account and the first steps on the platform
It might interest you to know the process of registering for The Spy News account is uncomplicated, even for a person who isn’t so familiar with the technology. All you have to do is pay a visit to either of the 2 The Spy News accounts (https://thenewsspyy.technology or https://newsspypro.com.) You’ll then come across a sign-up box tagged “CREATE AN ACCOUNT”.
You’ll be required to type in your first and last name, e-mail address, and phone number. You’ll be required to create a password after which your contact details (as provided) will be verified via email and a phone call.
Once completed, a minimum $250 deposit can be made into your account. You can definitely fund your account with more cash but it’s advisable you start small. Then proceed with active trading manually or automatically. Before that, you can engage the demo trading to get familiar with what active trading looks and feels like.
Alternatives
Based on the above overview done concerning The Spy News software, you can assert it’s a great platform for trading cryptocurrency. However, due to some of the cons identified in relation to it, users can opt for other sites like Bitcoin Evolution, Bitcoin Circuit, or Bitcoin System. They’ve been around for quite some time. Bitcoin Evolution even has a mobile app which is great for users who find it more convenient to access trading platforms through mobile apps as opposed to websites.
If you’re a risk-taker and also comfortable with trading through a website, then you should consider giving The Spy News a trial.
Conclusion
The Spy News software is made up of a team of analysts who help in corroborating crypto market trends presented by the trading bots. The result of this is the provision of more accurate information about the market situation to users. No hidden charges are present and transactions are able to be completed without difficulties. Above all, the platform functions to enable users to secure plausible investment returns. You should check it out today. Happy trading in advance!