ProfitTrailer promises to make profits while you sleep. The software is also said to be very powerful and has taken the crypto community by storm. These are bold words, but are they valid? Let’s evaluate the system to find out.
How does this crypto bot work?
ProfitTrailer automates your trading processes so that you don’t have to sit in front of your computer studying the market and placing orders manually. It works by linking to the supported exchanges where it accesses the coins it will use to trade. The bot will then implement trades based on the instructions you give it.
Getting started with ProfitTrailer
To get started with the ProfitTrailer, you need to visit the official website. Find the pricing section and click on the “buy now” or “buy lifetime” button. Choose your preferred subscription plan, and subsequently fill out your billing details and proceed with payment. Once your order is marked as “complete,” you can start using the services available.
Company information
ProfitTrailer was developed in 2017 by ProfitTrailer B.V. The company is registered by the Chamber of Commerce under this code: 149091. Unfortunately, the details of the development team are missing. Their names and professional backgrounds are not disclosed.
Features of ProfitTrailer
The software has the following features:
Multiple indicators
The vendor says that they have integrated 40+ indicators into the software, which can greatly help you in your trading.
Possibly buy
With this feature, you can see the bot’s prospective trades. This can simply be fine-tuned in the configs.
Sales
This is the place that allows you to view all of your sales.
Monitor
This is a modern, intuitive dashboard that gives you an entire overview of your trading and bot.
Strategies of ProfitTrailer
ProfitTrailer is claimed to trail the trends, but there is no more information given about this trading strategy. It would be nice to know what criteria the system uses to determine when to enter and exit the market, even as it follows trends, among other things.
Pricing, fees, and commissions
The cryptobot features 3 distinct versions: Signals, Basic, and Advanced plans. Here is a breakdown of their prices and components:
Signals edition-€30/month
- All exchanges
- Live support on Discord
- Run 2 bots
- Three stored configurations
- Only signal indicator
- Signals subscriptions
- Advanced paper trading
- Free TV add-ons and signals for 2 months
Basic pack edition-€49/month or €799 (lifetime)
- All exchanges
- Live support on Discord
- Run 2 bots
- Five stored configurations
- More than 40 buy/sell indicators
- Advanced paper trading
- Signals subscriptions
Advanced pack edition-€69/month or €999 (lifetime)
- All exchanges
- Live support on Discord
- Run 2 bots (3 for lifetime option)
- Ten stored configurations
- More than 40 buy/sell indicators
- Advanced paper trading
- Signals subscriptions
- Advanced notifications and advanced stats
No trading fees or commissions are charged on trades.
Deposit requirements
The deposit requirements of this bot are not highlighted in the presentation. Anyway, you may find out about the amount when you acquire and start using the bots.
What exchanges does ProfitTrailer support?
ProfitTrailer supports some of the popular exchanges, including Kucoin, Bybit, Bybit Futures, Poloniex, Bittrex, Kucoin Futures, BinanceUS, Binance DEX, FTX, FTX Futures, Coinbase Pro, Huobi, Binance, BitMEX, and Binance Futures.
What languages does ProfitTrailer support in their brand?
We don’t know what language was used in developing this platform. The vendor doesn’t disclose any info regarding the same.
Can you really make money with this bot?
It is possible to make money with this software. However, there are no guarantees that you will always make profits. It is common knowledge that the crypto market is highly volatile and unpredictable. So, the strategy that earned you income today may not work so well tomorrow. Even then, your chances of making decent revenues increase if you are a highly skilled trader who knows how to set up and configure the bots, as well as manage risks using the tools provided.
Advantages of ProfitTrailer
- Multiple exchange support
- Beginner-friendly
- Offers tens of indicators
- No trading fees or commissions
Disadvantages of ProfitTrailer
- Development team is unknown
- Vague strategy description
Customer support
The platform offers several customer support options. For instance, you are invited to join Discord so as to connect with the support agents and get assistance with any questions you may have. You can also reach the team through email. A “news” page covering several topics relating to ProfitTrailer is available to help you familiarize yourself with it. Furthermore, wiki guides are provided to offer you additional insights into the product.
Who is ProfitTrailer suitable for?
ProfitTrailer is well-suited for traders who want to try hands-free trading. The app offers to automate your trading strategies and work for you continuously, 24 hours a day, 7 days a week. As a result, you don’t have to spend precious time following market activities in the crypto market trying to figure out when to open and close trades.
ProfitTrailer summary: is it worth going for it?
ProfitTrailer supports multiple exchanges, which gives it access to thousands of crypto coins to use in trading. The platform is also user-friendly and comes with numerous indicators meant to make your trading more effective. Sadly, the development team hides its identity, and with a vague strategy description in place, it becomes harder to understand how the system navigates the market to generate income.
- Features-6/10
- Ease of use-5/10
- Fees-5/10
- Support-4/10
- Price-3/10
- Payment methods-4/10
