RevenueBot Cryptobot Review

Rating: 5/5

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What Is RevenueBot?

RevenueBOT is a trading robot based on the volatility of cryptocurrencies. This software is designed to automatically trade cryptocurrencies using an API interface. The revenuebot.io system was created by experienced developers on October 11, 2018, and has been successfully operating on Binance, Kraken, Bitmax and other exchanges since then.

Review Summary

Feature

Total Rating

Ease of Use

5 ⭐⭐⭐⭐⭐

Commissions

4,5 ⭐⭐⭐⭐

Reputation

4,5 ⭐⭐⭐⭐

Customer support

5 ⭐⭐⭐⭐⭐

Design

5 ⭐⭐⭐⭐⭐

Advantages and disadvantages

Advantages

Disadvantages

  • No hidden fees, commissions or subscription fees;
  • Complete security in use, as all funds are held exclusively in users' exchange accounts;
  • Versatility of bots with different settings;
  • Interesting affiliate program;
  • Possibility to keep track of statistics in the personal cabinet.
  • The RevenueBot interface is available in just two languages

The cryptocurrency market often sees sharp price spikes, but this robot continues to produce excellent financial results. The service registers more than 4,000 successful trades per day, completing cycles with profits.

What Is RevenueBot?

Registration

Registration on revenuebot.io is completely free, the whole process takes just a couple of minutes. In order to create an account in this system and receive passive income, you need to click on the "Sign Up" button on the main page of the website. After that, a special form will appear on the screen for you to fill in, in which you need to enter the following data:

  • E-mail;
  • Password;
  • Full name;
  • Time zone;
  • Interface language;
  • Messenger - Skype, Telegram, MSN, ICQ or Jabber;
  • Additional information about yourself.
Registration

Then you need to agree with the rules of the service and click on "Create account". That's the end of the registration! Now you have to wait for a response from the support team. It is usually received by email within 24 hours.

RevenueBot trading platform

The revenuebot.io platform is simple and easy to use. RevenueBOT can trade any cryptocurrency pair that is available on the exchange selected by the trader. In addition, you can run multiple bots at once and trade several pairs of cryptocurrencies simultaneously on one or more cryptocurrency exchanges. The bot works automatically, but you need to set it up properly to work effectively. RevenueBot works on 12 popular crypto exchanges:

  • OKex;
  • Binance;
  • Bitmax;
  • Kucoin;
  • Bittrex;
  • Bitfinex;
  • HitBTC;
  • Poloniex;
  • Exmo;
  • Cex.io;
  • Kraken;
  • Livecoin.
RevenueBot trading platform

This trading robot is designed to make money on these cryptocurrency exchanges. It offers built-in efficient strategies to automate cryptocurrency trading. It provides full statistics on trading and income, as well as a user-friendly interface to access all possible settings of the robot. To get started on the revenuebot.io platform, you only need to follow a few simple steps:

  • Register on the RevenueBot website;
  • Choose a crypto exchange and trading pair;
  • Create an API key on the exchange and add it to revenuebot.io;
  • Create a virtual wallet - this will help the bot identify the account it will work with;
  • Select the robot's algorithm and configuration template, or set them up however you want;
  • Run RevenueBOT.

The RevenueBot service operates around the clock. The bot's algorithms are based on the Martingale system, which is successfully used by thousands of stockbrokers around the world. The revenuebot.io system offers over 6,000 bots, more than 1,500 of which are active every day. According to the statistics, more than 100 thousand deals are successfully closed per month. At the moment the resource has about 5500 users, 10-15 new clients are registered in the system every day.

Detailed Features

The minimum deposit for bot operation is calculated based on the number of orders in the order grid used by the bot. The bot divides the amount of money in the account into parts. Each of the orders in the grid must meet the requirements of exchanges for the minimum amount. We recommend allocating 150-200 GBP to the bot.

For example, if you chose BINANCE, the minimum order size is 0.001 BTC. To make a grid of 20 orders, you must have about 0.02 BTC on your account. If the deposit is lower, the bot will not be able to create orders on the cryptocurrency exchange.

RevenueBOT only takes a 20% commission on the profits a client makes when trading the bot. But this amount cannot be more than £50 per month (in BTC equivalent). With the right setup, private traders earn +0.2-0.7% of their deposit per day.

The revenuebot.io service works so that cryptocurrency trading uses a grid of orders that the bot places on the exchange. The volume of these orders is determined by a martingale system. In addition, filters are available to start the bot. They allow private traders to trade only at the appropriate moments. This helps to make the right decisions and not to sell cryptocurrencies too early and cheap or buy them too early and expensive. The bot trades funds that the user has in his personal account on the exchange. In its work, it uses an API interface designed for placing orders (according to a specific algorithm) and tracking their execution.

Currently, RevenueBot offers 2 algorithms for bot operation:

  • Long - the bot first buys assets in batches when the price falls and then sells them at a higher price
  • Short - the bot sells assets when the price rises and then buys what it sells when it falls.

It turns out that the success of cryptocurrency trading is determined by the number of orders in the grid, the distance between them and the difference in their weight, as well as the indent of the first and last order in the grid from the current price. All of these indicators are set in the bot's settings.

Robot signals

The creators of RevenueBot do not give information on the providers of trading signals. However, private traders consider them accurate for entering a trade. To get high returns, you need to choose the right trading pairs with good volatility. Trading signals for each of the cryptocurrency pairs and volatility indicators are available on exchanges.

RevenueBot demo account

RevenueBot demo account

There is a demo account on revenuebot.io, but it is significantly different from other similar systems. On this site you can use the bot for free until it generates revenue.

After the first profit generated by the bot, the account balance becomes negative. From that moment on you have 3 days of free use to get familiar with how the bot works and evaluate its effectiveness. Then, if desired, you can top up your trading account and continue using the service.

RevenueBot referral programme

Revenuebot.io has an affiliate program and it may be of interest to many traders. With the RevenueBot referral program you can earn a passive income just by recommending the robot to your friends and acquaintances, visitors or subscribers. You can earn 30% of the earnings of your referred users. Webmasters earn up to 15 GBP per month in BTC equivalent from one referral. The minimum payout is 0.003 BTC.

There are 2 types of promotional materials available to affiliates:

  • Dynamic referral banners in popular sizes in English and Russian.
  • Referral links - text links, HTML links, forum links (with HTTP and HTTPS).

Referral payments are made on request from the site's admin area. All you need to do to receive the profit is to log in to your account and click on the Referral Program link in the top menu. Then choose a suitable advertising format (link, slogan or banner) and promote it via the Internet - social networks, forums, etc.

Deposit and withdrawal

When you create an account on revenuebot.io you automatically get a BTC wallet. The account balance is topped up on the profile page or in the dashboard tab. Click on the link Top-up balance. As soon as the QR code scanning window opens, a transfer to the BTC-purse is made. 

RevenueBot does not store or accept any user money. All funds are stored in traders' personal accounts on cryptocurrencies. You can fund your account with BTC, BCHABC or ETH. Deposits to BCHABC and ETH are automatically converted to BTC at the current exchange rate.

For withdrawals, the situation is similar. If you want to withdraw funds from commissions via referral program, you have to request it manually. To do that, enter bitcoin wallet address in profile settings.

Conclusion

RevenueBOT is a cloud-based bot for automated trading on cryptocurrency pairs. It works using the Martingale strategy and by connecting to popular cryptocurrency exchanges via API. Revenuebot.io is a very attractive service for passive income. Moreover, you can earn both from trading cryptocurrencies and from attracting new users to RevenueBot platform.

Jack Evans


I became a crypto asset owner in 2014, when the industry was in its infancy. Before that, I was working in the classic US and European stock markets. Since then, I have gained extensive experience in both cryptocurrency investing and day trading. I am happy to share with readers my experience with crypto exchanges, DeFi and NFT instruments.
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