Smart Crypto Bot is an automated trading system with no installation requirements. It runs on the web, so you don’t have to set up any software on your phone or computer. Let us see what this system offers in this review.
How does this crypto bot work?
Smart Crypto Bot provides trading tools, including strategies, triggers, and indicators, to enable you to define your own trading rules. After installing the bot, it will take care of the rest and place buy/sell orders based on your settings.
Getting started with Smart Crypto Bot
Follow these steps to access and begin using the bot:
- Create a Smart Crypto Bot account and connect it to your chosen exchange account
- Build an API key to enable the bot to link to your wallet
- Add credit to the bot’s account to cover costs associated with running and maintaining its servers
- Configure the bot to your liking using the available strategies and triggers
- Turn the system on
- Now, it will track the market and implement trades based on the instructions you have given it
Company information
The team behind this system consists of Frank van der Bor (CEO), Coen Smeekes (Lead marketer), Bas Knobbout (Business dev manager), Edgar Bonaccorso (Lead programmer), and Bas Visser (Lead community manager). They are based in the Netherlands and say that they are committed to bringing you the ultimate automated trading experience through their tools.
Features of Smart Crypto Bot
We describe some of the bot’s features below:
Webhooks
Traders can develop webhooks, which they can use to instruct the bot to carry out certain actions on their behalf. This can entail buying or selling a certain coin.
Strategy builder
With this feature, it is possible to develop your strategy to trade your selected coins according to your specific demands.
Loss prevention
The bot includes several loss prevention methods like stop-loss and emergency sells to reduce potential losses.
Charts
There is an extensive catalog of charts available to assist you in tracking averages, the number of positive coins, and more.
Strategies of Smart Crypto Bot
The vendor has integrated many trading strategies developed by traders for traders. Some include Bollinger Bands, RSI, Trailing Buy, Percentage Change, etc.
Pricing, fees, and commissions
Smart Crypto Bot offers advanced trading bots, high-level support, and 24/7 activity at a recurring payment of €10 per bot monthly. A 0.15% trading fee is also charged. There’s no mention of commissions, so it’s highly likely that the platform will not demand commissions from the profits you make.
Deposit requirements
The vendor does not specify the amount of money you need to deposit on your account for the bot to begin implementing your strategies in the live market.
What exchanges does Smart Crypto Bot support?
This system is compatible with these exchanges:
- Binance
- Gate.io
- Kucoin
What languages does Smart Crypto Bot support in their brand?
The platform supports the English language.
Can you really make money with this bot?
The Smart Crypto Bot increases a trader’s chances of making money, mainly because it can trade 24/7 without stopping, place numerous trades at a go, and trade very fast. Even then, the amount of profit made may differ from one trader to another. This can be attributed to factors such as trading skills, market conditions, exchanges used, pairs traded, etc.
Advantages of Smart Crypto Bot
- Risk management
Risk management systems such as stop loss and trailing stop loss are included to help users mitigate losses.
- Trades 24/7
The bot scours the market throughout the day, seven days a week, looking for trading opportunities that can make money for you.
- Multiple strategies
The platform features a variety of trading strategies to help meet the needs of different traders.
Disadvantages of Smart Crypto Bot
- Trading fees
The bot requires you to pay a monthly fee of $10 and 0.15% per trade.
- Limited exchanges
The vendor offers only three exchanges to choose from.
Customer support
Join the bot’s community on Discord and Telegram and let the support know what you need help with or present the ideas you want to be integrated into the system. You can also check the website’s FAQ or email the team directly with your questions. It is recommended you follow the team on YouTube, Facebook, Twitter, and Instagram for more updates on the product.
Who is Smart Crypto Bot suitable for?
This system may be suitable for people looking for an easy way to trade crypto. Smart Crypto Bot comes with pre-built strategies that only require little input from you. With a few adjustments, you can launch your chosen method to the market to perform trades as you go about your business.
Smart Crypto Bot summary: is it worth going for it?
The Smart Crypto Bot adds convenience to your trading by introducing you to automated strategies that can do all the hard work for you. Integrating a risk management system also ensures that you don’t make pointless losses. Unfortunately, you can only trade on three exchanges, and for every trade you make, a 0.15% fee will be taken away.
- Features-7/10
- Ease of use-6/10
- Fees-4/10
- Support-5/10
- Price-4/10
- Payment methods-6/10
