Forex Robots

Botcrypto Review: Is This Crypto Bot Safe and Legit?

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Botcrypto

Botcrypto is a system that claims to give you an edge on the markets. The developer also claims that you can save time, manage emotions, and seize new opportunities while trading with this platform. In this review, we will be conducting an in-depth analysis of its offerings to see whether it is worth your time and money.

About Botcrypto

This is a trading platform where you can create your strategies without any coding skills. It is supported by some of the top financial institutes. In the blog section, a lot of articles are regularly published and this helps newcomers get started with crypto trading.

Botcrypto review: key features

Here are the main features of this platform:

  • Visual editor

Thanks to the editor, you can easily arrange different components to build solid strategies. You don’t need to be an expert coder in order to use this feature.

  • Instant backtests

You can test the effectiveness of your strategies in a real-time simulated environment. There is more than 3 years’ worth of data you can use to perform the tests.

  • Community strategies

The Botcrypto community often shares their strategies and you can access them to get started immediately. You can also get paid for sharing your strategies.

Botcrypto: trading strategy

The bots offered by this platform are highly customizable. You can use smart investment and Dollar-Cost Averaging bots and utilize the power of over 20 technical indicators. The indicators belong to different categories like sentiment, momentum, strength, and trend. Some of the popular indicators include Vortex, Ichimoku clouds, Bollinger bands, EMA, Moving Averages, StochRSI, and RSI.

Security of Botcrypto

You have full control over your funds and Botcrypto does not have withdrawal rights. From the account settings, you can enable 2-factor authentication for added security. Every time you log in, a unique code will be sent to your phone. This prevents anyone else from accessing your account, even if they have your password.

How much does Botcrypto cost?

There is a free plan with unlimited strategies, but it does not let you use live bots on the markets. The Bronze, Silver and Gold plans cost €9.99/month, €29.99/month, and €59.99/month, respectively. You can also get in touch with the team to get a customized plan. With the more expensive plans, you get access to more incoming webhooks. Also, you can use a greater number of bots on the live market.

Deposit and withdrawal

This platform does not have permission to deposit and withdraw funds. All of that happens through your exchange account.

Does Botcrypto charge fees and commissions?

You don’t need to pay any fees or commissions other than the subscription charges.

How much profit can it earn?

It is difficult to predict how much profit you can earn from the market. It depends largely on the chosen strategy and the market conditions.

Company reputation

The headquarters of this company is located in Strasbourg, France. We don’t know when it was founded, so it is not possible to determine what kind of experience the members possess. The team consists of Constantin De La Roche, Theo Poizat, and Mehdi Boussaad. You can get in touch with the support team via email or live chat.

Botcrypto reviews

At this moment, there are no user reviews for this automated trading platform on third-party websites.

Who is Botcrypto for?

This platform is especially suitable for beginners. It doesn’t have too many complex functionalities. You don’t need coding knowledge to formulate strategies and there are preconfigured strategies that you can use for trading.

Botcrypto: supported devices

On the official website, the vendor has not mentioned which operating systems are compatible with this trading platform.

What exchanges does Botcrypto support?

At this moment, this platform supports only two exchanges, namely Binance and Kraken. This may be an issue for those who prefer to keep their assets stored in multiple exchanges.

Botcrypto: customer care

If you are in need of assistance, you can contact the support team via chat or email. Alternatively, you can visit the helpdesk and check out the various articles to find the answer to your queries.

Botcrypto Crypto Bot

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Botcrypto offers a risk-free way to build powerful strategies. It has a simple user interface and a wide range of indicators that you can use to improve your trading outcomes. There are a lot of educational articles you can access to enhance your knowledge and become a better trader. On the downside, it only supports two exchanges.

  • Free backtests
  • Free plan with unlimited strategies
  • Over 20 indicators
  • Only two exchanges supported
  • No mobile app
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