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Home Crypto Trading

Botee.Trade Review: An Unbiased Crypto Bot Analysis

by Myfxtools
May 18, 2022
in Crypto Trading
0
Botee.Trade Review: An Unbiased Crypto Bot Analysis
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Botee.Trade is a system that helps us to manage our portfolio on an exchange. We have some details about the robot and its functionality explained. The owners claimed that their portfolio includes crypto trading bots for professionals. We have decided to check this out.

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How does this crypto bot work?

The system can trade completely automatically, opening and closing orders for us. The system seeks trading conditions 24/7 to open an order. Then, it will be closed automatically.

Getting started with Botee.Trade

Botee.Trade Review: An Unbiased Crypto Bot Analysis

To get started, we should purchase a copy of the bot. Then, we have to install it on our exchange, after proper customizations if needed. The system has to be used only with API keys that doesn’t allow it to get direct access to our funds.

Company information

The developers created a company five years ago in  2017. We have no information provided about who’s behind this service.

Features of Botee.Trade

We have various claims and details explained in the presentation. The following list includes the most important ones.

Experience-free system

  • It’s possible to perform some backtests to work well on the real market.
  • We can work with it on a browser.
  • There’s a mobile version available too.
  • The system allows us to work with our strategies.

Automated trading

  • The presentation includes information about the system and its functionality. 
  • We can check how it works in general.
  • It manages various data from indicators like: MACD, Bollinger Bands, RSI, Stochastic, and Stochastic RSI.
  • It’s possible to work on different time frames.
  • The robot works with API keys on the market.

Trading features

  • The settings can be customized to cover our expectations.
  • We are allowed to customize indicators, trading data, and other important details.
  • It’s possible to manage a strategy behind the system.
  • There’s a feature that provides us trailing stop loss possibilities.
  • SL and TP levels can be customized.
  • We can work on Bitfinex with leverage.
  • The default strategy can be as an option.
  • Input data (trades, candles or orderbook) can be changed.
  • There are different indicators implemented.
  • It works with short and long directions during a performance.
  • We can trade from various devices. 
  • It’s possible to manage trades from a phone.
  • The system can provide us with proper notifications.
  • We are allowed to check it out via Telegram or Discord either.

Strategies of Botee.Trade

According to the list of indicators, the core strategy is price action. This means that the system tries to follow the market move.

Pricing, fees and commissions

There are rental options available that vary depending on our account balance. The Standard pack costs $60 monthly. The account balance can be over $10,000. The Advanced pack can be available for $120 monthly. There’s a Telegram & Discord notification and End-to-end analytics in addition. We can use it on volumes less than $100,000. The Superior pack can be bought for $270 monthly. There’s advanced and urgent support applied. The account capital limit is $300,000. This offer doesn’t include a refund policy applied.

Deposit requirements

The system doesn’t provide us with deposit requirements. So, we have to ask this directly from the developers.

What exchanges does Botee.Trade support?

The bot provides us with trading on: BitMex, Binance, BitFinex, and HitBTC.

What languages does Botee.Trade support in their product?

The system supports English. 

Can you really make money with this bot?

We don’t know this for sure because the presentation doesn’t include information about backtest reports or trading results. It’s hard to predict if the system provides us with stable performance and profits.

Advantages of Botee.Trade

  • Automated trading
  • The system’s price is affordable 

Disadvantages of Botee.Trade

  • No team revealed
  • We can work only on four exchanges
  • There are no trading results provided
  • No refund policy applied

Customer support

The developers provide support via email, Telegram, and Discord.

Who is the Botee.Trade suitable for?

The system can be used by traders with all levels of trading experience from beginners to professionals.

Botee.Trade summary: is it worth going for it?

Botee.Trade is a system that can provide us with a completely automated crypto-trading experience. The presentation informs us about the system and about some of its features. Alas, the developers avoided to prove that they use the robot to make profits here and now. So, without testimonials and trading results it’s difficult to say something for sure.

  • Features: 6/10
  • Ease of Use: 6/10
  • Fees: 8/10
  • Support: 6/10
  • Price: 6/10
  • Payment methods: 3/10
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