Cryptotrader cryptobot review
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What Is Cryptotrader cryptobot?
Cryptotrader is a trading platform for trading bitcoin and other cryptocurrencies based on algorithmic automatic trading processes in a scalable cloud environment. The user can also create and test (backtests) the trading algorithm themselves. Thanks to the API configuration, the monitoring process can be conducted 24/7.
Ease of Use
Advantages and disadvantages
Cryptotrader allows traders to develop their own cryptocurrency trading strategies. The bot offers five different subscription plans priced from 0.006 BTC to 0.087 BTC per month. The packages differ in the number of simultaneously connected programs, as well as in the trading volume
What Exchanges does Cryptotrader support?
The following cryptocurrency exchanges are currently supported by Cryptotrader:
To use the trading bots, you must subscribe. The different functions and limits depend on the selected subscription plan. There are the following types of subscriptions:
Registration on Cryptotrader
In order to start trading using bots you need to register. To do this, click on the appropriate button on the cryptotrader.org website.
This opens a form, in which you should specify:
In the personal cabinet of the trader, which opens after registration, you can choose and create strategies, as well as manage the sales.
Capabilities and features of Cryptotrader
Cryptotrader is a convenient and simple environment for launching trading robots in a reliable cloud hosting, completely isolated from the web.
It supports more than 130 trading indicators. Full list here https://cryptotrader.org/talib
There is also a big number of trading algorithms created using Cryptotrader API.
In order to run algorithm in automatic trading mode you need:
Also when working with Cryptotrader it is necessary to remember the following:
Another feature of Cryptotrader is an opportunity to become a member of an affiliate program. For attraction of users the company pays 10% for each person who came through the link. Also experienced traders get up to 70% for the fact that their developed strategies for different markets are used by other clients.
Cryptotrader is one of the oldest cryptobots on the Internet. It is difficult to learn, but with competent work with it can show good results. The developers are preparing a new version of their platform - Cryptotrader 2.0, so there is a hope that the service will become more friendly for beginners.