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NapBots Review: An Unbiased Crypto Bot Analysis

April 12, 2022 by Forex Winner Leave a Comment

NapBots Review: An Unbiased Crypto Bot Analysis

NapBots allows you to profit from the crypto market conditions without the hassles associated with trading on your own. The bots use strategies that are suitable for different investment levels and styles. Besides bots, the service also provides indexes that offer an easy way to invest in digital assets. Professional investors can make use of the portfolio manager feature that charges a fee based on the performance.

First NapBots quick summary

UpsidesDownsides
Fully automates softwareNot many exchanges are supported
You can make your own strategy 
Affordable pricing plans
Platform Reliability:3/5
Pricing:3/5
Ease of Investment:3/5
Customer Support3/5
Exchanges Supported:2/5

What is NapBots?

The platform provides successful trading strategies and ensures they are available to traders in a unique marketplace. It enables automated order execution on the major exchanges via an API connection. 

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How does NapBots generate profits?

As per the vendor, this service uses proven strategies from experienced traders that help you bypass the learning curve and save time. The vendor states that you can benefit from features like:

  • Follow and automate your approach using the proven crypto indexes.
  • Find a bot for every investment level, day trading, or auto rebalancing.
  • Manage multiple exchange accounts using a subscription package.
  • Ensure the safety of your funds as they stay on the exchange account and are not accessible to the bot service.
  • A safe, accurate, and easy to use dashboard for tracking your assets.
  • Customer support includes tutorials, guides, and one-on-one support.
  • Payments can be made in EUR, USD, and crypto coins supported by Coinbase Commerce like LTC, ETH, BTC, etc.

Safety and security

The company states that it conducts regular security audits of the site and works with exchanges that maintain high security. Further, it does not have access to your funds as they are present in the exchange you use. 

How NapBots pricing works

A simple pricing plan is present that does not require fees for setting up. The vendor maintains that it has pricing plans for each of its users without any hidden fees or cancellations. The main plans are a Silver Plan that costs €16 per month and a gold plan that costs €41 per month when paid yearly. If you opt for the monthly payment, the charges are €19/month and €49/month. A Platinum Plan for €99/month is also present under the monthly plan.

A free trial of 7 days is present for the product. Other features present with the package are unlimited weekly and hourly bots, phone support, email support, and an investment capacity ranging from $1000 to $5000. External bots, unlimited hourly bots, pre-built bots, and early access to the new approach are other features of the system.

Available exchanges

The service is compatible with the following exchanges:

  • Binance
  • Bitfinex
  • Okex
  • Huobi
  • Kraken
  • FTX

How long has NapBots been in business?

The service was founded in 2020 and since then received consistent and invaluable feedback from its customers. It is a trademark of CoinShares Technologies Limited which is a subsidiary of the CoinShares International Limited company. As per the vendor, the company has used customer feedback to further improve the service making it a user-centric operation. 

How to get started with NapBots?

Using the service can be done in a few simple steps as follows:

  1. Connect your account to the platform using your API key. You can use the tutorials present for different exchanges for the initial setup. The service allows connecting one account with an exchange.
  2. The next step is to choose the strategy you prefer. You can also personalize the approach by combining the methods present. The approach is changeable whenever you wish in just a few seconds.
  3. Pick a pricing package that suits you. The company will indicate automatically a suitable plan which you can tweak as per your needs.

Customer support

For assistance, the vendor offers an FAQ section and an online contact form. A chat window is also present where users can type their queries and get a response from the vendor.

NapBots review conclusion

NapBots offers full control of your trading in a few clicks. The user-friendly interface, effective strategies, and advanced algorithms ensure you have a hassle-free and successful trading experience.

Further, the ability to make your strategy, automatic rebalancing, and good security are other benefits that tip the scales in favor of this company. With adequate security measures and the presence of a solution for every trading volume and style, users would find the service meets most of the requirements of traders.

6.4

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Filed Under: Crypto Trading

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