Botcrypto claims that using the software will help you make massive profits. You can save time and capitalize on new opportunities using crypto bots. As per the vendor, you need not have coding skills to use this bot. Its automated operation avoids emotional decision-making. The platform allows you to create your strategy, test it, and make an effective automated system.
About Botcrypto
This is a trading service providing the opportunity to build and customize automated systems. As per the vendor, the bot has multiple use cases. You can use it for Dollar-cost averaging investment or build powerful crypto bots with the help of the 20 technical indicators present.
Botcrypto crypto trading bot: how does it work?
This automated tool can be used as follows:
- You can put your creativity to use with this bot. It is designed to help you build your approach from scratch using the 100% visual editor. Coding knowledge is not necessary for the process.
- Once you have built your strategy, you can validate it by backtesting it with over 3 years’ worth of data. Real-time simulations are also possible.
- After backtesting your strategy, you can apply it in real-time with a few clicks.
How to set up Botcrypto?
Setting up the crypto trading tool is easy. Register with the official site. Choose a package from the pricing plans and make the payment. You will receive the bots which you can install and use.
Key takeaways
Important features of this bot service are:
- You can build your approach using the service which saves time and allows you to exploit profitable opportunities.
- No coding experience is required for creating the bots.
- Backtesting of the strategies helps to know their effectiveness.
- The service allows you to share your strategy with the community or find a successful approach from other members.
User interface
The official site is well-designed and has a simple and easy-to-use interface. All aspects of the service including how it works, pricing, use cases, and registration are found on the same page with easy navigation.
Trading strategy behind Botcrypto
As per the vendor, the service supports multiple strategies. It uses over 20 technical indicators of various types. Some of the popular ones are the RSI, Moving averages, Bollinger Bands, etc.
How profitable is Botcrypto?
The vendor does not provide verified or unverified trading results for the various approaches it uses. Due to the lack of info, we find it difficult to assess the profitability of the system.
Safety and security of Botcrypto
The vendor does not provide info on the security measures it provides. However, the company mentions that all user funds remain safe on the exchange account they use. It does not have withdrawal rights.
Customer support
For support, the vendor provides an email address, a phone number, a chat feature, and a location address. The company also provides a help desk feature with FAQs and a tutorial section.
Reputation
The company has been in operation since 2017 and is based in France. The community members can be reached via social media like Discord, Facebook, Twitter, and YouTube.
Team members
We could not find info on the developers or team members of the firm as the official site does not carry info on the team.
Exchange compatibility
The system supports only two exchanges, Kraken and Binance.
Botcrypto pricing: is it worth your money?
You can choose from the four available plans that include a free plan. The plans are listed below:
- Free plan
While this does not provide a bot on the markets, it gives access to an unlimited number of strategies and simulations. You get notifications via Discord, Slack, etc., and one incoming webhook. The plan also includes full API access.
- Bronze (€ 9.99/month)
This plan includes 2 bots and 2 incoming hooks besides other services allowed in the free plan.
- Silver (€29.99/month)
You get 5 bots and 4 incoming hooks with this package.
- Gold (€59.99/month)
20 bots and 8 incoming webhooks are provided.
Besides the above packages, the vendor also offers customized plans that have features you can customize with no limitations.
Botcrypto review: upsides and downsides
Upsides | Downsides |
A wide range of customizations are possible | No performance proof |
Free plan | Lack of info on security measures |
No coding expertise needed |
Botcrypto review: final remarks
Botcrypto assures full automation that can help you generate big returns by gaining an edge on the markets. Some of the benefits we identified in this service are the ability to make your strategy or choose from the available methods, the backtesting feature, and simulations done in real-time. The user community is another advantage that allows you to share your winning approach and earn from it.