Trading the crypto market requires a certain level of insight to benefit from price movements. And there are mainly those traders who want to invest as little time as possible and trade automatically. This is precisely what crypto trading robots like Quantum System do.
The crypto trading software claims that it can help people to trade leading cryptocurrencies in an automated manner and it is said to boast a success rate of over 80%. But how many of these claims are true? How legit is Quantum System? And what is the experience with Quantum Systems? This review examines the claims made by this crypto trading platform to answer once and for all whether it is a scam or legit trading software.
Before we begin, here’s a look at the basics of the Quantum System that will serve as the basis for our Quantum System review.
Quantum system overview
|???? Supported cryptos||Bitcoin, Ethereum, Ripple, Cardano, Litecoin, ZCash, Bitcoin Gold, Ethereum Classic, EOS, und mehr|
|???? Claimed success rate||80% (not verified)|
|ℹ Fees and Commissions||No|
|???? Minimum deposit||$250|
|???? Mobile App||No mobile app is available, but the website is responsive|
|???? Payout speed||24 hours|
|???? Type of trading||Spot trading and CFDs|
|???? Customer Care||Available for active users|
What is Quantum System?
Quantum System is a Bitcoin robot that claims to simplify the process of trading premium digital assets like Bitcoin as well as Ethereum and other major altcoins while making trading profitable.
Bitcoin and other altcoins experienced a major pullback in 2022 thanks to the dual impact of the FTX and LUNA crashes before showing signs of a rebound in 2023. However, the volatility of the crypto market remains, and for many investors, overcoming this volatility is only possible through automated trading platforms that use a machine learning approach to make crypto trading decisions and generate profits for the clients.
Quantum System appears to be a platform that simplifies trading volatile cryptocurrencies and helps them generate market-beating returns. It claims to have an 80% success rate, which we haven’t been able to confirm.
Access to the many claimed tools of the Quantum System is only possible by depositing an initial amount of $250. The official website says that this deposit will open the trading dashboard. Also, Quantum System says investors need this initial deposit to trade the markets, and the application itself doesn’t ask for any fees.
The site also advertises that it supports leading cryptocurrencies like Bitcoin, Ethereum, Litecoin, Cardano, Bitcoin Cash, and more.
In addition, the site claims that many celebrities endorse the underlying technology. However, as we have found no data to support this fact, we do not believe this to be the case.
Investors must consider these factors when beginning to trade on Quantum System. Find out about the risks of crypto trading and the volatility involved before you start.
Quantum system pros and cons
The underlying functionality and trading mechanisms used by most algorithmic trading platforms are also available at Quantum System, the site claims. However, below are the pros and cons of Quantum Systems.
- Demo account after deposit
- Multiple asset support
- Various payment methods
- Integrations like Web Trader and Meta Trader 4
- Enables automated trading
- Allegedly no commissions
- No details about the development team are available
- The claimed success rate cannot be verified
- High minimum deposit – $250
How does the Quantum system work?
Trading on Quantum System begins right after a user registers – which is a simple process. There aren’t many hurdles to jump as the requirements to create an account only require name, email id, and phone number. Support will be in touch later to help set up the account.
The biggest part of this procedure is the deposit of $250 into the trading account, which according to the website is the only way to access all the analysis and trading tools that allow the users to customize the trading settings. However, our test could not verify this information due to the high deposit requirements. Also, there is no mention of the charting tools on the site’s homepage.
Once a user customizes the trading bot, it scans the entire market to find cryptocurrencies that are currently experiencing a downturn but have the potential to rise again soon. In other words, he is looking for opportunities to buy the bear market. When it buys the asset, it waits for the token to bounce and when it (the token) hits the target price, Quantum System closes the client’s position on the asset and sells the tokens.
These complex mechanics take some getting used to, which is why Quantum System claims that it offers a demo trading account. A demo trading account offers an opportunity to test the mechanics of the app before trying it out in real market conditions.
On the plus side, all the features that Quantum System claims to offer are available across all devices. We are inclined to believe so since we were able to open the website on all of our machines.
Quantum System’s main features
Here is the list of features that Quantum System claims to support.
A demo trading account has become an important tool to prepare before facing volatile market conditions. It allows users to test-run trading strategies before implementing them in real market conditions. That is one reason why the best crypto trading bots offer this opportunity to all users.
Quantum System claims to offer the same benefit. However, we couldn’t verify if it’s true or not as many of these details are hidden behind the $250 deposit requirement. And the official homepage is not completely transparent regarding the features it delivers.
No hidden fees
Quantum System says it doesn’t charge any hidden fees — or fees of any kind — for those using the platform. It says that using the site has only one requirement: a deposit of $250. Apart from that, Quantum System claims that it does not charge any commission fees, trading fees, or withdrawal or deposit fees.
Simple registration process
Quantum System has opted for a simplified sign-up process that has no KYC requirements. Users can simply use the referral link provided below to go to the official website, click the Sign-Up button, and provide their usernames, email ids, and phone numbers to start the registration process. This simple approach is likely to attract many traders.
Instant withdrawals for all methods
Most deposit and withdrawal methods have a maximum time limit of 24 hours. This means that any transaction you want to make will be completed within 24 hours.
Supports major cryptocurrencies
It seems that support for most major cryptocurrencies is available on Quantum System. On the official website, we could find information that this crypto trading platform supports crypto assets like Bitcoin. Bitcoin Cash, Bitcoin Gold, Ethereum, Ethereum Classic, ZCash, MIOTA, NEO, EOS, MIOTA, and Binance Coin are also included.
Quantum System Account Fees
Quantum System claims not to require anything from its users other than the initial deposit necessary to conduct crypto trades on the platform. Below is a breakdown of all the fees that Quantum System says it does not charge traders.
Quantum System minimum deposit
According to our research, all of the tools that Quantum System claims to offer are only accessible after a user deposits $250 into their Quantum System trading account.
Quantum System App & Compatible Devices
Below are the devices with which the Quantum system is compatible.
Users only need a good internet connection and can use Quantum System facilities on the following devices.
- Android & Apple Smartphones
Is Quantum System a scam or legit?
When we looked at Quantum System’s offerings, we found that there is a huge lack of information about the platform. Details about the team behind Quantum System aren’t available – and we couldn’t find even a small reference to them on any of the third-party websites we investigated.
In addition, Quantum System has not been featured on any of the popular customer review websites such as B. Trustpilot mentioned. And since this site has a generic name, the traditional research approach didn’t work, prompting us to ask around on Reddit. And we didn’t find many mentions of this platform on Reddit.
However, what we can rate positively is the registration process on the website. It’s simple and not very complicated. And as far as we can see, the platform’s interface is just as easy to use.
With these factors in mind, we recommend that traders only use this website if it meets their trading needs. Readers looking for an alternative to Quantum System might also look into AI crypto projects and their applications.
Quantum System Customer Support
Those who do not sign up cannot contact the official website support team to inquire about the offer. To receive the call, they must at least start the registration process. Also, the website states that the team can be reached via email, details of which were unfortunately not available on the platform. We suspect that the chat support systems only open after a user has made the required deposit.
How to use Quantum System
If you decide to proceed, here are the steps to register for the Quantum System Software:
Step 1 – Visit the Quantum System website
The first step is to go to the Quantum System official website and start the account creation process. It’s a simple process that only requires you to enter your full name, email address, and phone number.
Step 2 – Make a minimum deposit
After entering your details, the customer service team will contact you and you will be asked to make an initial deposit. You can use any deposit method including debit cards, credit cards, or e-wallets.
Step 3 – Start trading in the Quantum System
After making the deposit, you can use all the trading features according to the site. It also includes customization options to trade in a more informed way.
How to delete a Quantum System account?
We found some indications that to close an account with Quantum System, one has to go to the official website, log in and click on the “Delete Account” option available in the menu settings.
Who is the founder of Quantum System?
Our search for the people behind Quantum System led us to various platforms, social media sites, and third-party websites. However, we haven’t found anything about the people running Quantum System. There is no “About Us” page on the website, and the policy document does not even make a casual mention of who the founders of Quantum System are.
Quantum System payment methods
Below are the different methods by which one can shop at Quantum System.
- debit cards
- credit cards
Conclusion of our Quantum System experiences
We went through the different features of Quantum System and evaluated the claimed features, the supported cryptocurrencies, and the fees. And what we’ve been able to glean from the limited information it provides is that we can’t say for sure if this platform is legit or not.
On the plus side, the signup process is easy. And it suggests what the trading module of this platform could be. The same positive we can give on this site support for fiat payment methods.
But since it requires a deposit of $250, we couldn’t access the features. The same goes for the demo trading feature. While there is evidence that the paper trading feature is available, we haven’t been able to verify much of it. The bottom line, it’s difficult for us to assess the legitimacy of this website as it offers little information.
With this in mind, we urge our readers to read through the terms and conditions themselves and only evaluate the capabilities of the site after assessing the risks involved in cryptocurrency trading.