RevenuBot is a platform that has high-end robots claiming to achieve amazing profits. It supports some of the most popular exchanges on the crypto market and lets you trade in crypto coins like Litecoin, Ethereum, Bitcoin and others.
About RevenueBot
This is a platform that has no subscription fee or hidden charges. The trading bot follows the selected setting and algorithm, conducting trades 24/7 on the cloud. You can actively monitor the performance and make adjustments to the bot settings as needed.
RevenueBot crypto trading bot: how does it work?
The bot simultaneously trades on multiple exchanges. You can set up notifications to stay updated on the transactions and profits. The notifications are available through Telegram, email, and SMS.
You can create a coin list, save it, and use it with various bots. Once you create the optimal settings for bot operation, you can save it and use it with other bots. This bot monitors price charges and closes positions when the price is most profitable for the tracking period.
How to set up RevenueBot?
First, you need to register for free on the website. You can then choose an exchange and a trading pair. It is important to link your exchange account with an API key. Also, you need to mention the wallet and the deposit you want to trade with. It is possible to choose a default algorithm or set up a custom one. After that, you can simply start the bot and begin placing orders.
Key takeaways
You can view all the statistics related to orders, profit, and referrals. The bot configurations can be bought and sold on the marketplace. If you require recommendations, you can subscribe to signals that tell you about the trading conditions. To determine the best settings, you can use the backtest feature and analyze the previous 60 days of operation.
User interface
The website has all the sections clearly segregated and you can easily find the information you are looking for. It is easy to navigate for the user.
Trading strategy behind RevenueBot
The vendor recommends choosing the proper pairs with decent volatility. As such, the bot evaluates trading signals and volatility indicators like Bollinger Bands, CCI, and RSI. You can also employ a hedging mechanism by reversing the algorithm. This bot places a grid of orders on the exchange, determining the volume using the Martingale system. This means it increases the volume with every order.
How profitable is RevenueBot?
On the official website, you can check the performance statistics for the top 10 bots for the past 30 days. You can see the total profit percentage as well as the average daily profits, and they are quite impressive.
Safety and security of RevenueBot
You cannot deposit funds through this platform, so your money remains safe on your exchange. For automating orders, it uses API keys. Moreover, your account credentials are protected by 2-factor authentication.
Customer support
The official website has a ticket system through which you can submit a ticket for your issues.
Reputation
The parent company behind this platform is known as RB Media FZC LLC and it has its headquarters located in the UAE. We don’t have background information on this organization and it is not clear when it was founded.
Team members
Unfortunately, the vendor has not shared the details of the team members.
Exchange compatibility
Here is a list of exchanges compatible with this system:
- Binance
- Bitfinex
- Bittrex
- Cex.io
- Exmo
- FTX
- HitBTC
- Kraken
- KuCoin
- Okex
- Poloniex
Pricing details
There are no subscription plans for this system. You just need to pay a 20% commission on the profit you make. However, the fee cannot exceed $50 in BTC equivalent per month for each trade type, namely Futures Coin-M, Futures USDT-M, and Spot. You will be able to see every transaction clearly displayed in the balance history of your account. One of the most unique aspects of this platform is that you can use it for free until you generate a profit.
RevenueBot review: upsides and downsides
Upsides | Downsides |
Supports a wide range of exchanges | Lack of vendor transparency |
Free registration | |
Trading results on website |
RevenueBot review: final remarks
RevenueBot is a system that is fully-automated and has configurable trading bots that have a track record of winning profits in the live market. It costs nothing to get started with this platform, and there is no subscription fee, unlike elsewhere. The bots have multiple filters that allow them to place orders at the right time. Also, you can engage in futures trading with leverage, which is not something that all systems allow.