Altrady Review 2021

Rating: 5/5

Bitcoin Trading Verified

Rating: 4,5/5

User rating

Get A FREE Personal

Account Manager!  

What Is Altrady?

Altrady is a crypto trading platform designed with one goal in mind: to make cryptocurrency trading easy and accessible to all. It is a powerful set of tools compatible with most popular cryptocurrency platforms.

Review Summary

Feature

Total Rating

Ease of Use

4,5 ⭐⭐⭐⭐

Commissions

5 ⭐⭐⭐⭐⭐

Reputation

5 ⭐⭐⭐⭐⭐

Customer support

5 ⭐⭐⭐⭐⭐

Design

5 ⭐⭐⭐⭐⭐

The cryptocurrency ecosystem is dominated by exchanges designed for simple retail investors who simply want to buy cryptocurrency and hold it for a long time. They are not tailored to the needs of traders. Altrady is a trading platform created by traders and specifically for traders: all Altrady features are designed to make life easier for crypto traders, reduce their risks and increase their profits.

Unlike many platforms where you can buy or sell cryptocurrency, Altrady has many additional features. With the powerful trading tools integrated into Altrady, crypto traders will better understand the market, make informed decisions, save a lot of time and make more money.

It is worth noting that any crypto trader will find benefits on Altrady. It will be easy for novice traders to start their career. Professionals, on the other hand, have access to an extensive set of powerful tools such as smart orders, crypto-base scanner, trading analytics and a signal bot. With these features, experienced traders can customize strategies to minimize risk and increase profits.

What Is Altrady?

A brief description of Altrady's features

  • The ability to make transactions at any time
  • Integration with ten cryptocurrency exchanges
  • Real-time access to detailed information about the volatile cryptocurrency market
  • Effortless trading using bots
  • Develop strategies using advanced cryptocurrency scanning technology

Importantly, you can use all these features through the platform's website as well as its mobile app. The interactive, personalised app ensures that you don't miss out on any profitable trading opportunities.

Altrady features

Let's take a look at the most notable features provided by Altrady.

Layout

In terms of interface, Altrady overshadows other trading platforms of the same type. This tool gives the user full control over the layout of the design elements according to personal trading preferences. Each feature is a separate widget that you can move, modify and align.

The result is a personalised and organised dashboard that lets you find everything you need, exactly where you want it.

Scaled Ladders

The interface design also allows you to set multiple orders at the same time using the "scaled ladders" feature. You can change prices and dimensions with weight to fine-tune your orders.

Scaled Ladders

Portfolio manager

To keep track of your successes and failures, you need to keep track of your portfolio. Altrady has a beautiful portfolio management dashboard that helps the user keep track of all assets.

Trading analytics

Every successful cryptocurrency trader has their own reliable way of analysing the market, and most importantly, their own method of surfing its waves. Altrady has features that can do this analysis for you, and can even act as a trading guide.

The platform gives you access to charts of the cryptocurrency market, as well as detailed information on selected pairs. This way, you can monitor how a particular cryptocurrency is behaving on a particular exchange. The data will reflect price declines, bounces, base patterns, as well as predictions of a return back to the base.

Altrady also has a news widget that can keep you up to date with the latest developments in the cryptocurrency industry, so you'll always have the right information at your fingertips.

Positions

For every new trade you place, Altrady opens a new position and calculates a profit from the current price. The more you buy, the further your position will rise, and the break-even point will adjust.

The same happens when you start selling a coin. The tool will update the breakeven point information until you have fully recovered and sold the rest of the asset.

Positions are determined by using the break-even calculator, which allows you to calculate whether you are making a profit or losing. You no longer need to calculate your trades manually.

You can find all the data you need, such as

  • The name of the market and the trading account
  • The date on which the position was opened
  • The direction of the trade - long or short
  • The amount of money invested
  • The number of coins
  • The average value of the price
  • The "mark-to-market" and the liquidation price of the futures
  • Progress indicator
  • A profit/loss column in GBP and Quote currency

You can also do everything manually, creating new positions or setting up dates and switching between positions. As you can see, this is a complex and time-consuming way of tracking your trades and overall market movements throughout the day.

Quick Scan

Quick Scan

The Quick Scan widget is designed to quickly identify markets in which there has been a sudden change in price, either in the form of a rapid drop or rise. You can set up filters by specifying timeframes, growth rates, declines, specific markets and exchanges.

You can save these filters as presets and turn them on and off as needed to receive only the alerts you want.

Smart Trading

In the latest Altrady update, the Smart Trading feature has been introduced. This uses an innovative technology to automatically place orders, including take profit and trailing stop orders.

The take profit strategy allows you to place a standing order above the selling price, so that you can sell your assets while the price is rising and profit. A close order ensures that you are protected if the market reverses in the opposite direction.

The trailing stop order allows you to make the most of favourable market conditions. The mechanism automatically changes the closing value of a trade whenever the market price of an asset changes in a favourable direction.

As you know, even if you have access to comprehensive market information, the constant adjustment of orders based on current market conditions is time consuming and very tedious.

With Smart Trading, Altrady takes care of this task using preconfigured parameters. When you place an order, the tool takes the latest price and adjusts your limit orders accordingly.

You can integrate this feature on all the exchanges supported by the platform, including Binance US and Binance Futures.

In addition, all data about your trades (how well they are performing or whether you are making a profit), will be automatically updated through the app. The Altrady Portfolio Manager gives you a dynamic overview of all your assets, so you can easily keep track of your smart trades.

Logging

One of the most useful features of Altrady is the ability to personalise your trading activity with notes. You can log your thoughts, attach screenshots or any other data you want to save for later use.

This is very handy given that you really need to keep a separate journal for trading notes.

Smart orders

Smart orders allow traders to control their positions and automate the process of opening and closing positions. With smart orders even the smallest details of each trade you make can be tailored to your needs and maximise your profits.

Web trading

Altrady allows you to trade cryptocurrency anywhere and anytime. Altrady applications are available for all operating systems and mobile devices, in addition, the platform can be accessed through the web interface. With Altrady, you don't have to worry about missed opportunities.

Crypto Base Scanner

The Crypto Base Scanner is a powerful tool designed specifically to help traders significantly increase their profits when using QFL trading strategies. Crypto Base Scanner scans the market for preferred entry points and automatically notifies the user when it notices an opportunity to profit using a QFL strategy.

Signal bot

Signal bot

The Altrady Signal Bot combines the functions of a scanner and smart orders. The Crypto Base Scanner acts as a signal provider. The signal bot takes a signal from the provider and uses it to automatically open a smart position based on the settings specified by the user. Of course, as with all smart orders, the positions opened by the signal bot can be 100% customised and adapted to your needs.

Connections available

Altady has connections to 9 cryptocurrency exchanges: Binance , OKEx, Huobi, HitBTC, Bittrex, KuCoin, Coinbase Pro, Kraken and Poloniex.

Cost of use

The use of Altrady is available on a paid subscription basis. The developers of the platform offer three packages:

  • Basic - £14.95/month;
  • Essential - £29.95/month;
  • Premium - £44.95/month.

To test Altrady you can use trial access for 14 days. In order to get access you need to register on the platform website.

Basic tariff includes:

  • Cryptocurrency Signals;
  • Ability to set up alerts;
  • Ability to place market, limit and stop-limit orders;
  • Risk Calculator.

Essential and Premuim tariffs allow placing Take-Profit and Trailing Stop orders, simultaneous analysis of several charts, keeping trading statistics, using the market scanner, etc. You can find full information about tariffs on Altrady official website.

How Altrady smart orders work

Altrady Smart Positions is a new feature which greatly extends the functionality of Altrady. Smart Positions allow you to control even the smallest details of your positions, which can give you a huge advantage over traders using outdated, less functional and less customizable trading platforms.

With Altrady, everything that is technically configurable in an order can be set up by you personally. This includes:

  • Direction of market entry (buy or sell)
  • Types of orders:
  • Normal market stop
  • Market Stop
  • Regular Limit
  • Stop Limit
  • Trailing Stop Limit
  • Step Ladder
  • Ladder of targets
  • Smart orders (any combination of smart orders can be added)
  • Entry order with expiry date (entry order is cancelled after a certain time)
  • Take Profit/Ladder (Entry Order can be split into multiple parts)
  • Stop Loss (protect yourself from large losses if the market goes against your position)
  • Automatic close on time (exit a trade automatically if it did not close at stop or take profit within the time frame you specified)
  • Order control (decide when your order will be placed)
  • Posting only
  • Time to expiry
  • Autoconfirm orders
  • Futures Options (only available on Binance Futures)
  • Reduction only
  • Margin Type
  • Leverage

Altrady's smart orders can completely change the way you approach trading. No longer do you need to leave aspects of your trades to chance or take advantage of the low-value adjustments that exchanges offer. With smart orders, you can make perfect trades with minimal risk and maximum benefit.

Features coming soon to Altrady

One of the reasons why Altrady is gaining popularity among crypto enthusiasts so quickly is the continuous development of the exchange and its commitment to meeting the needs of the most demanding crypto traders. New features are being introduced on a regular basis to keep up with the ever-changing needs of the crypto community.

Altrady will introduce a large number of new features by the end of the first quarter of 2022:

  • New take profit options: free coins and sliding take profit
  • Network Bot
  • DCA bot
  • Marketplace
  • Alert button
  • Support for more exchanges: FTX, ByBit, Decentralised Exchanges (DEX)
  • Supported wallets

These new features will further increase Altrady's functionality and help the project achieve its goal of becoming the most advanced and customisable cryptocurrency trading platform on the market.

Conclusion

The functionality and interface of Altrady platform is more suitable for medium-term and system traders. Also it can be used by some short-term traders. However, Altrady is not suitable for active trading. Its functionality is the story about "universal" terminal for everyone. Intraday traders need specialized software.

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.
All articles of the author

{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}