Botsfolio Crypto Bot Review – Analyzing Botsfolio’s Approach to Crypto Trading

Botsfolio Crypto Bot Review – Analyzing Botsfolio’s Approach to Crypto Trading

Botsfolio is a trading solution that tries to convince us to trade Crypto like a pro. We can sit back and let the system tarde for us. 


About Botsfolio

The bot was designed to help us with trading on the well-known exchanges like Binance, Coinbase, and FTX. It allows us to work without proper trading experience and knowledge. The presentation includes unverified and with an average profitability trading results.

Botsfolio crypto trading bot: how does it work?

The robot works completely automatically on an exchange. No extra deeds are needed.

How to set up Botsfolio?

The system should be attached to the profile on our exchange. The rest will be done automatically.

Key takeaways

Let’s talk about a few details that the developers provide to us to introduce the system properly. 

  • We may start working with the system having absolutely zero knowledge and experience of trading crypto.
  • They are automatically deployed with professional investment strategies.
  • The system can’t get access to our funds.
  • It has the best possible risk management that helps us to keep our account profitable and losses short.
  • The system automatically diversifies our net investment into a mix of long term and short term strategies based on your financial goals and risks.
  • We may not have previous coding or trading experience.
  • It’s going to trade for us 24/7 completely automatically.
  • The system doesn’t require us to configure trading bots.
  • We have to connect our account to an exchange to get started.
  • There’s a dashboard to track trading activities of the system.
  • We can have all control over our account.
  • The system can work well without our supervision.
  • We can get a discount using a referral link of the developers.

User interface

The site doesn’t look so welcome and informative. Most likely, the developers will update it soon.

Trading strategy behind Botsfolio

We don’t have details about what strategies the system can use to be successful on the market.

How profitable is Botsfolio?

The developers claim that an average monthly profitability is 10, 95%. 

Botsfolio monthly profitability.

This data isn’t verified. There are no descriptions about years of those months. Tracking was stopped in October. The developers claimed that Top Trades Made: 

FIL–600%, ENJ–181%, XRP–135%, XLM–88.58%. As soon as we can’t check this intel we cannot trust this data.

Safety and security of Botsfolio

The system doesn’t have access to our funds. It can only trade from our behalf. 

Customer support

The developers provide average support for clients and visitors. We can rely on answering our questions within half a day or so.

Reputation

The owners created a company KribX Inc. in the US. The presentation doesn’t have any proof of this.

Botsfolio’s profile on Trustpilot.

The developers created a page on Trustpilot where every client can write a positive or negative review. We have 28 testimonials published, where 11% of them are negative. The final rate is 4.0.

User review on Trustpilot.
Trader testimonial on Trustpilot.
User testimonial on Trustpilot.

People warned us that the developers can simply ignore letters that they don’t want to answer. Also, many clients weren’t profitable with this trading solution. 

Team members

We don’t know who is behind this service. The developers skipped providing us with this sort of information. 

Botsfolio exchanges list

The advisor can work with only three exchanges: Binance, Coinbase, and FTX.

Botsfolio pricing: is it worth your money?

We have packages that vary by the balance we’d like to work with. The devs charge us annually and a 15% performance fee is charged quarterly on profits.

  • Portfolio Value $1.0k – $3.0k – $4.75/Month + performance fees.
  • Portfolio Value $3.0k – $10.0k – $9.50/Month + performance fees.
  • Portfolio Value $10.0k – $50.0k – $14.25/Month + plus performance fees.
  • Portfolio Value $50.0k – $100.0k – $19.00/Month + plus performance fees.

We can pay by ETH, Bitcoin, Bitcoin Cash, and Litecoin. The developers don’t provide any kind of refund policy. 

Botsfolio review: upsides and downsides

UpsidesDownsides
Affordable pricingNo team revealed
No risk or money-management advice given
No settings explanations provided
No backtest reports or verified trading results shown
No refund policy applied

Botsfolio review: final remarks

Botsfolio looks like an average system for trading crypto assets only on three exchanges. The presentation doesn’t provide us with extended explanations of what we have to expect from the system performance. The developers avoided sharing actual trading results. We can’t be even sure that the developers use it for making profits on the market.

Our Experts


Daniel Michelson

Daniel is a long term investor and position trader in the forex market.

Reva Green

Reva Green is the Senior Editor for website. An experienced media professional, Reva has close to a decade of editorial experience with a background.

Shandor Brenner

Shandor Brenner, an experienced writer at fxaudit.com, brings a wealth of knowledge with over 20 years in the investment field.

Leave a Reply

CAPTCHA ImageChange Image