Smart Crypto Bot was created with customization in mind. In that regard, the platform allows you to develop your own strategies, come up with your own trading rules, and trade without emotions. Read on to find out what else the bot offers.
About Smart Crypto Bot
According to the vendor, Smart Crypto Bot is an advanced automated system that engages in emotionless trading. You only need to set up your preferences and let it handle trades on your behalf. It completely runs on the web. Therefore, it is not necessary to install any software on your phone or computer. All that is required is a good internet connection.
|Price:||€10 per bot per month|
|Supported exchanges:||Binance, Gate.io|
This app features the following:
- Many usable trading strategies for your use.
- Loss prevention methods that will reduce any potential losses.
- A portfolio to help users see their balance, open positions, and orders in a single quick overview.
- A wide-ranging catalog of charts to track averages, amounts of positive coins, etc.
- Customizable profiles, so you can tweak its appearance and parameters to your liking.
- Active trading 24/7.
How does it work?
Smart Crypto Bot begins trading automatically after you set everything up. Once you activate the system, it will constantly search the market for opportunities that will improve your portfolio. At the same time, the bot will minimize losses by using stop-loss, trailing stop-loss, and other approaches based on your configuration.
You are also allowed to use triggers to develop a set of specific conditions for the system to follow. If these conditions are met, it will automatically implement a predetermined action. For instance, you can configure the software to search for sudden price trends and take advantage of them. In this case, you won’t miss out on trading opportunities presented by these trends.
Smart Crypto Bot currently works with two exchanges, namely Gate.io and Binance. The vendor is in the process of adding KuCoin and other exchanges.
How does Smart Crypto Bot stand out?
The development team has incorporated a dashboard into the bot to enable you to always monitor its positions. Though the software is designed to manage your positions automatically, you are allowed to intervene and manage them manually if you want. In any case, the WebSockets protocol has been used to create a live view of your coins so you can see the revenues and losses the bot is making.
Best for: users looking for stress-free trading
Crypto trading can consume a lot of your time and stress you, especially when you have to do all the trading manually. By letting the Smart Crypto Bot take over, you get a chance to trade 24/7 even when you are away from your computer.
The bot has a recurring payment of €10 per bot every month. By paying this amount, you will have access to an advanced trading bot, 24/7 activity, and high-level support. A 0.15% fee is also charged per trade.
How safe is Smart Crypto Bot?
Generally speaking, the software is safe. Like other crypto bots, it interacts with your exchange through API keys. It neither stores nor accesses your funds, so you don’t need to worry about theft. The platform also allows you to enable 2FA, an additional security step before you log in to your account. This enhances your security and reduces the risk of another person attempting to sign in to your account.
Smart Crypto Bot reputation
Smart Crypto Bot was supposedly created by a small committed team of traders and developers who live in the Netherlands. They indicate that they focus on providing users in this market with the ultimate trading experience through this product. It is rather disappointing that the team members have failed to disclose their identities and professional backgrounds.
Is it a good choice for beginners?
This bot might be a good choice for beginners. It is simple to use and doesn’t include complicated features. Therefore, you can navigate the platform as well as set up and configure the settings and strategies you want with minimal effort. In effect, a detailed documentation paper is provided to help you understand how the bot operates.