ProfitTrailer is supposedly the number 1 crypto trading bot. According to the vendor, the system has taken the crypto community by storm since it was introduced to the market in 2017. The bot offers you a chance to trade crypto coins automatically on many exchanges 24/7.
ProfitTrailer is described as an advanced and powerful trading bot designed to help traders automate their trading processes in the crypto market. So, you don’t have to sit in front of your device anymore trying to figure out what is happening in the market.
|Payment options:||PayPal, Bitcoin, USDT, and credit cards|
|Price:||€30, €49, €69, €799, or €999|
|Supported exchanges:||Binance, Bybit, KuCoin, Poloniex, Bittrex, BinanceUS, Coinbase Pro, Binance DEX, Huobi, BitMEX, Bybit, and FTX|
These are the major features of the system:
- Trading indicators
The platform includes over 40 in-built indicators to help you in your trading.
A modern initiative dashboard is provided to enable users to get a full summary of their trading and the bot’s activities.
- Compatibility with operating systems
The bot is readily available on MacOS, Linux, and Windows. In essence, the system’s GUI can be utilized on all gadgets linked to the Internet.
- Paper trading
This feature enables traders to test the efficiency of their strategies without using real money before launching them to the market.
How does it work?
ProfitTrailer works like any other typical cryptobot. You connect it to your exchange using API. Once activated, the software will begin making purchases and sales for you. Notably, the bot conducts trades based on your chosen strategy, settings, and indicators. Its inbuilt algorithmic formulas prompt it to place buy/sell orders when certain market conditions are met.
The bot integrates these exchanges:
- Coinbase Pro
- Binance DEX
How does ProfitTrailer stand out?
One unique thing that makes ProfitTrailer stand out from other bots in the market is that it provides users with trading signals through its signal edition package. The devs have also included some statistics showing the performance of these signals. Studying the stats can really help you choose trading ideas with a high probability of giving you good returns.
Best for: traders inclined to working with multiple strategies
ProfitTrailer is known to support over 20 different trading strategies. You can use multiple strategies such as LOWBB, MACD, RSI, and BBWIDTH simultaneously to make very strong entry/exit points. This way, you will be able to optimize your returns.
The bot features 3 pricing plans. We have the signals edition that costs €30/month. The price of its lifetime license is €799-€999. The basic plan is €49/month, while the lifetime version is available at €799. You can get the advanced plan at €69/month or €999 for a lifetime license. Features included in these packages are live support on Discord, live bots, stored configurations, trading signals, paper trading, and buy/sell indicators. A free version is also present for those who want to see how the robot performs in the market first before investing their money.
How safe is ProfitTrailer?
ProfitTrailer is generally safe, given that it interacts with your exchange through API keys. Even then, its level of safety will largely depend on the measures you have set in place to secure your device. In short, it is as safe as your gadget is. The devs say that they normally use commercially acceptable means to safeguard your personal data. Nonetheless, they cannot guarantee total security since no transmission method over the internet is 100% secure.
The bot was created in late 2017 by ProfitTrailer B.V. (reg. no. 149091). The company was registered in Curaçao, a Dutch Caribbean island. The transparency of the vendor is rather wanting, considering that we are not introduced to any of the founders or developers. We are also not told anything about the company such as its goals, mission, trading history, current activities, etc.
Is it a good choice for beginners?
ProfitTrailer is a good choice for beginners. It has a simple interface, and some of its features and strategies are pre-configured. So, your main job will be to set the bot up and get it to work. However, we have to note that the software is not for total beginners who lack basic computer skills and don’t know anything about how the crypto market works.