HaasBot is a crypto trading bot that is a part of the HaasOnline trading platform. As per the vendor’s claims, the system allows you to minimize downtime and automate your trading strategies. In this review, we are going to analyze the various aspects of the bot.
About HaasBot
This is a crypto trading system that lets you automate your strategies while maintaining complete privacy. You can deploy the bot within a few minutes and there are no restrictions in terms of trading volume.
HaasBot crypto trading bot: how does it work?
HaasOnline has a few custom bots that are based on specific trading strategies. However, unlike them, trade bots are quite flexible. It lets you configure things like insurances, safety settings, chart settings, and technical indicators. This way, you can mimic any strategy easily.
The platform has a powerful scripting language known as HaasScript. It features a visual designer with an intuitive drag-and-drop function. This lets you generate scripts without any coding. You can craft every line of your script using a text-based editor.
How to set up HaasBot?
After registering on the HaasOnline platform and choosing a pricing plan, you need to install the HaasOnline Trade Server. After that, you can start creating the bot. While creating it, you need to choose a name, exchange, and a trading pair. From the trade settings, you can set the trade amount limits and the order type. For each bot, you can choose to set up indicators. You can also set up insurance and safety settings.
Key takeaways
Haasbot has an excellent backtesting engine that lets you improve your trading bots with the help of archival data and choose the best parameter combination for buying and selling. You can safely test the trading logic in real-time without risking your funds. The paper trading functionality is useful for refining crypto bots using live movements.
The amount of configuration needed is minimal. Some of the bots are built with proven strategies that you can use to trade 24/7 based on your schedule. They allow you to automate repeated processes. By integrating the platform with Discord and Telegram, you can get live market updates.
User interface
The official website is easy to navigate and all the information has been presented in a lucid fashion. There are separate tabs for the features, products, community, resources, and pricing.
Trading strategy behind HaasBot
For the pre-built bots using proven strategies, you can configure the settings to deploy on an exchange. These bots are based on strategies like zone recovery, scalping, accumulation, trend line, etc.
How profitable is HaasBot?
There is no way for us to gauge the profitability of the bot. It depends largely on the strategy you are using as well as the market condition.
Safety and security of HaasBot
The platform requires administrator permissions to run the local web server. Also, you can enable 2-factor authentication for added security. It makes it difficult for others to get access to your data since you need to enter a special code for logging in.
Customer support
You can check the FAQ and the documentation section if you have any questions. There is also the option of raising a ticket on the website. This will send your issue over to the support team.
Reputation
HaasOnline was launched in the year 2014. This platform has a vast community of traders and developers. The Discord group currently has 2421 members.
Team members
The team consists of software development and fintech experts. Stephan de Haas is the CEO of the company. Other key members of the team include CTO Quintus de Haas, Chief System Operations Josh Becker, Rustim Rhoda from R&D, Chief Communications Officer Raynaldo Rivera, and Chief Marketing Officer Jeff Vernon.
Exchange compatibility
The exchanges supported by the platform include:
- Binance
- Binance Futures
- Binance US
- Bitfinex
- BitMEX
- Bitpanda Pro
- Bitstamp
- Bittrex
- ByBit
- Cex.io
- Coinbase Pro
- Deribit
- FTX
- Gemini
- HitBTC
- Huobi
- Ionomy
- Kraken
- Kraken Futures
- KuCoin
- Okcoin
- OKX
- Poloniex
Pricing details
There are three packages known as Beginner, Simple, and Advanced that cost 0.009 BTC, 0.016 BTC, and 0.026 BTC, respectively. The difference between the plans is the number of active bots they let you use.
HaasBot review: upsides and downsides
Upsides | Downsides |
Multiple strategy options | Expensive pricing plans |
Large number of supported exchanges | |
Visual designer |
HaasBot review: expensive bot with advanced functionalities
HaasBot is a product launched by a transparent company headed by industry experts. The platform has numerous advanced functionalities that help you with crypto trading. However, some of the features might be too complex for beginners. Also, the pricing plans are not too cheap.
A: Haasbot offers automated trading, backtesting, customizable bots, and supports numerous cryptocurrencies and exchanges.
A: Haasbot is more suited for traders with some experience due to its advanced features and detailed customization options.
A: Haasbot supports several major exchanges, but users should check the latest compatibility list on their website for specific exchange support.