3commas crypto trading bot review 2020 is detailed and comprehensive review of 3commas trading bot, covering all its features and important topicssubmitted by jakkkmotivator to thecryptobasic [link] [comments]
3commas crypto trading bot review 2020
3Commas crypto trading bot provides access to a variety of trading tools to crypto trader to improve their crypto trading strategy. When used properly, these tools can maximize crypto trader profits and reduce your risk of loss.
3Commas crypto trading bot is best known for its trading bots. In this 3Commas review, we examine the features that make this platform so powerful.
Crypto trading botCrypto trading bot have received a lot of attention lately due to advances in their algorithm and growing success rate.
Nobody can watch the market around the clock, and the volatility of the crypto space makes it possible to take losses or miss opportunities in seconds.
Fortunately, a well-programmed crypto trading bot can take over the control while you sleep, eat, or do other activities
As a 3Commas user, you can copy the trading of other bots on 3 commas, automating trade orders, and track top portfolios.
With these handy protocols, you can pre-program your trading strategy based on loss and profit percentages, price points or a variety of other market conditions.
The 3Commas crypto trading bot has over 33,000 registered users with a daily trading volume of around $ 10 million.
3Commas pricingThe below image shows the 3Commas pricing in detail
3Commas crypto trading bot feature
How to use 3commas crypto trading botGet started with 3Commas
Creating an account is a straightforward process. On the main page, at the top of the page, is the green "Create Account" tab.
After confirming your account by clicking the link in the email you sent, you will have access to the dashboard.
Sign up here
3commas crypto trading bot have different features for different crypto exchnage, see detail in image below
3commas bot review 2020
3commas crypto trading bot review
You can then set the target profit, which informs the crypto trading bot, in percentages, when to sell. If a target profit is set at 3%, the crypto trading bot will automatically execute a sell order as soon as this profit is realized
If you follow these steps, a 3commas crypto trading bot can be configured in just a few minutes and the whole process is so simple that more beginners can successfully follow. The platform is still detailed enough to attract experienced traders as well.
How safe is 3Commas?It should be noted that you actually do not have any money on the 3commas and your trading bots cannot withdraw from your linkedaccounts.
Like other trading bots, your 3commas crypto trading bot connect to your Exchange accounts via the API and then carryon automated trading on the exchanges you linked
These keys provide trading bots with limited access to user accounts to conduct trades only and do not grant bots any withdrawal rights.
This also means that if your account is compromised and nefarious actors could take control of your trading activities, they still cannot access your exchange accounts directly to make withdrawals.
Is 3Commas for beginners?The platform is generally fairly easy to navigate even for new cryptocurrency trader, and the trading bots are easy to set up.
Various functions are easily accessible from your account. You can connect to an exchange at the push of a button and set up intelligent trades and bots.
The dashboard is also clear and users can quickly select their preferred tabs and functions from the side window.
In addition, features such as bot analysis, which lists the best performing bots and trading pairs as well as the market, are well executed and easy to understand. While the portfolio creation, tracking and social trading features are suitable for both new and experienced traders.
ConclusionMost Crypto trading bot are difficult to use. However, 3Commas has created a trading bot that is easy to set up, customize, and easy to use.
It is also reliable compared to its lower quality competitors and is one of the best crypto trading bot
3Commas is considered the most reputable trading bot
The 3commas is completely transparent in terms of operation and location, and we know exactly who is running the company. We also appreciate 3Commas customer service, which is available 24/7 through several contact methods.
As mentioned above, there are inherent risks when trading cryptoassets. However, since many expect Bitcoin price to rise in the next few years due to halving under other driving factors it may make sense to start with a proven trading system like 3commas to see if You can earn more Bitcoin and see how the value increases in the future.
With features like portfolio creation and tracking, bot customization, best compatibility with cryptocurrency exchange and much more, 3Commas is one of the best trading bot platforms available today.
ViSIT 3commas Crypto Trading Bot
Yobit.net or Yobit is a Russian cryptocurrency exchange that was created in 2014. Unlike what you could expect from such an old exchange, if you google the company, you will see that there are many complaints about it saying that Yobit is a scam. Is it, though? Read our review and find out. Yobit.net is a Russia based cryptocurrency exchange that is famous for its controversial nature.. Yobit executives and officials denied accepting any of the claims as true, and rather blamed it on EdinarCoin, another cryptocurrency exchange operating in Ukraine. Whatever the truth maybe, it did shake the trust of its users and investors for a bit. YoBit is an unregulated exchange with a history of listing and selling “play tokens” alongside “real tokens.” As such, YoBit is very much a “buyer beware” platform and it may be better suited to more experienced users who know enough to navigate their way around the pitfalls of an unregulated platform. The exchange website is available at yobit.net, yobit.io, and yobitex.net - every website is the same YoBit trading platform. On November 16, 2017, the Yobit exchange launched its token - YOB2X, which was received free of charge by all holders of bitcoin on the exchange in a 1:1 ratio. Features. YoBit is a multifunctional exchange. In addition ... Subsequently, YoBit users also have the option to exchange their MINEX token for Bitcoin on the exchange. We are also pleased that since our last review YoBit has lowered the price for miners and introduced the YoPower function. With YoPower, users can buy power for miners (YO) for each miner, the cost is then only 10% of the current miner cost in Yo Token. About one euro to 15 rupees is the exchange rate at which holidaymakers usually exchange euros for the Seychelles rupee (SCR). If this is downsampled, it means that one rupee has an approximate value of 6 euro cents. The Seychelles Rupee is available in coins of five, ten and twenty-five cents and one and five rupees. There are also banknotes in the Seychelles currency – worth ten, twenty ... Best Bitcoin Exchange for Brazil. The inflation rate in Brazil, the ninth largest economy in the world, rose to its highest level in four years and attracted significantly more people to buy Bitcoin, as shown by the recent increase in BTC trading volumes. Inflation in Brazil reaches 4.5%. President Jair Messias Bolsonaro took office on 1 ... With over 140 bitcoin & crypto exchanges that you can filter and compare, we are the biggest crypto one stop shop. Find out what exchanges other people are using and why they think they are good. Let us know which is your favorite and make sure you leave a review on the exchanges you have used. Again, YoBit provides a prevailing Bitcoin price, the US Dollar equivalent value before fees, the 0.2% fee in US Dollars, and the total in US Dollars less of fees.
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