Botcrypto is a system that allows traders to develop their own trading bots effortlessly. Therefore, you can use it to automatically trade Litecoin, Bitcoin, Ethereum, and many more. The platform accommodates all kinds of traders and helps you to trade faster as well as grab new opportunities.
First Botcrypto quick summary
|Allows you to backtest your strategies||Limited number of exchanges supported|
|Safe to work with|
|Reasonable pricing options|
|Ease of investment||3/5|
What is Botcrypto?
Botcrypto is a service that provides users with a platform to develop and customize crypto trading bots. You don’t need any coding skills to work with it, as you can easily create your own trading strategy with its visual editor. The software also gives you a chance to validate your strategies by backtesting them on more than 3 years of data. You can also conduct real-time simulations.
How does Botcrypto generate profits?
The system makes profits through its battery of tested strategies. One such strategy is Dollar-Cost Averaging. This entails periodically investing a set amount of funds in small increments with time rather than all at once. The main aim is to capitalize on market downturns without putting excess capital at risk at any point in time.
Safety and security
The devs indicate that they value users’ safety and privacy. That’s why they utilize highly advanced encryption for your API keys and respect all security best practices. Two-factor authentication is also available. It is also worth mentioning that the software doesn’t store your assets, so attackers cannot access them in case they manage to hack the system. Your funds remain safe on your exchange, and withdrawal rights aren’t necessary.
How Botcrypto pricing works
There are several plans available for traders who would want to work with the service. We describe each below:
Bronze pack–this costs €9.99 if paid yearly, or €12.49 per month. With it, you can access 2 bots in the market and backtest up to 5760 candles..
Silver pack–the asking price for this offer is €29.99 if you decide to pay annually or €37.49 if you prefer the monthly subscription. It features 5 bots and unlimited simulations in the past up to 7920 candles.
Gold pack–here, you can either pay €59.99 yearly or €74.99 monthly. The offer provides up to 20 bots on the markets and allows the user to carry out unlimited simulations in the past up to 10080 candles.
A free plan (Discover) is also present. It provides access to all features available on paid plans other than bots. In addition, a customizable package is available. You can contact the support team for more info if you feel that’s the package for you.
Botcrypto is compatible with Binance and Kraken. The system works with all the cryptocoins found in these 2 exchanges.
How long has Botcrypto been in business?
This system has been in business since 2017. It was created by Constantin De La Roche, a software developer based in France. He didn’t design the platform alone but worked with two other developers—Théo Poizat and Mehdi Boussaad. The mission of Botcrypto is to provide accessible and effective trading tools.
How to get started with Botcrypto
To use this platform, click on the sign up icon available on the official site and fill in your email and password details. After you verify the confirmation link, you can now use the software. You can either select a strategy you desire to use from dozens of strategies already shared by the community or develop your own utilizing the visual editor. It is recommended that you backtest your chosen algorithm to see if it works. If the results are satisfactory, then pick a subscription plan and access a bot to begin trading.
Botcrypto offers several support channels. The team can be contacted through a live chat, email, or phone. You can also visit their social media handles on YouTube, Twitter, and Discord; you might find the answers you are looking for on these platforms.