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Robofi Review: An Unbiased Crypto Bot Analysis

April 7, 2022 by Forex Winner Leave a Comment

Robofi Review: An Unbiased Crypto Bot Analysis

Robofi aims to transform the crypto industry with its innovative marketplace of crypto trading bots. As per the vendor, the main objective of the company is to provide a secure atmosphere that boosts users’ earnings to new levels. The service offers bots via IBO (initial bot offering). You can choose from the available bots and profit from the various methods the platform provides.

First Robofi quick summary

UpsidesDownsides
A revolutionary DeFi serviceNo info on the security methods
Diverse earning opportunities for users of this platformCompany does not divulge info on the pricing and other fees
No prior knowledge of coding neededLimited number of exchanges
Platform Reliability:2/5
Pricing: 2/5
Ease of Investment:2/5
Customer Support:3/5
Exchanges Supported:2/5

What is Robofi?

Robofi

It is a decentralized finance (DeFi) platform offering DAO (Decentralized autonomous organization) bots via IBO. It connects creators of crypto bots with individuals to provide profitable prospects.  It uses blockchain expertise to confirm transparency, security, and efficiency. Users looking for reliable bots that are high on security and performance will find the bots on offer here ideal.

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How does Robofi generate profits?

As per the vendor, the company provides users with a secure and transparent service via its decentralized and autonomous bots. You need not have prior trading experience as the bots are fully automated. With access to numerous trading strategies and multiple exchanges including DEC and CEX, the firm offers 24/7 emotionless trading.

The main types of bots offered here include:

  • DEX based bots which are for trading on DEX like PancakeSwap and Uniswap.
  • CEX based bots that are used on Binance, Kucoin, and FX markets.
  • Farming bots that are used as providers of liquidity pools of AMM-DEX and earn a trading commission.

Users of the platform can purchase the DAO crypto bots, stake, take part in the IBO and also be the governance shareholder. The bots also save time with their automated design. They are easy to use and efficient with their ultra-fast and precise algorithms.

Safety and security

The service promises a safe and transparent environment using blockchain technology. Ease of access and high security is assured. However, the firm does not elaborate on the specific security methods used.

How Robofi pricing works

To benefit from the services of the firm, you need to have the VICS token, which is the native token of the company. It is used for purchasing bots and for trading profit payout. Purchase of the token is via platforms like Hotbit and PancakeSwap, which can be done by using a wallet like Metamask or Trustwallet. Users can also use the treasure to deposit their crypto coins like USDT, BTC, etc., and get tokens that they can stake in the liquidity pool to earn the VICS token.

Available exchanges

Binance, Huobi, and Probit Global are the main exchanges this platform supports. Users can create a trading account on one of the supported platforms.

How long has Robofi been in business?

SnapBots Limited is the company that powers this defi ecosystem. Founded in the first quarter of 2021, the company is based in the British Virgin Islands. We could not find further info on the developers of this platform. There is no phone number or location address present.

How to get started with Robofi?

To start using the service, you must first sign up. The Treasure feature allows users to exchange their crypto coins including ETH, BTC, etc. to tokens which they add to the liquidity pool to receive the VICS token. 

As a bot creator, you can raise capital to fund the bots and with the enhanced asset, you will receive higher rewards on the activities of the bots. You can use the marketplace feature for listing the bots and buying the DAO bots. 

The Exchange permits users to swap the bot tokens while the Earn feature provides a stable interest on the deposited assets. 

Customer support

For support, the vendor offers an email address, an FAQ section, a Litepaper, and an online contact form. The website supports multiple languages including English, Vietnamese, Chinese, Russian, and Indonesian languages.

Robofi review conclusion

Robofi offers a comprehensive network for crypto users and investors. Individuals and bot creators stand to profit from the various components of the platform. Earning opportunities are high for all participants with the unique design of this crypto service.

While the decentralized autonomous crypto bots are new to the DeFi space, their promise of transparency, efficiency, and security make them a profitable choice for users looking to boost their returns effectively.

5.3

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Filed Under: Crypto Trading

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