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The short answer to this question is, NO.
The long answer, We noticed that most bots available online requires you to be a little bit technical. It requires that you set up APIs in the accounts that you hold with different crypto exchanges and give access to the trading bot.
Ours is different, all you need to do is, Sign-up, fund your account, and switch on the auto trader. The bots go into action in the background.
We are on over 40 exchanges and the bot takes care of moving funds from exchange to exchange taking advantage of arbitrage, it takes care of setting up grids, setting up stop losses, identifying support and resistances of different timeframes, identifying the market trend, etc.
You have only one job, that job is to tap a button
This is to fulfill the design principle of a trustless deployment: you don’t need to trust any third party with your strategies, exchange API keys, and personal information.
We have a proven strategy that works very in the crypto market and we have managed to automate that strategy.
Technically, it is not free.
We have 99.99% confidence in the performance of our bots and their ability to make a profit even in a bear market so we haven’t set a monthly or yearly plan for the usage of this bot.
However tho, there is a 0.01% trading fee on each grid trading transaction and we take 10% of your profits during withdrawal.
This is usually not a problem for our users because most people easily walk away with a 10x.
Crypto-volatility is a goldmine.
Yes, unlike other bots that request to be connected to your wallets on exchanges , and have access to your balances and execute trades.
We prefer not to intrude, so you maintain a wallet with us and you can withdraw from it at anytime.
We accept deposits using Bitcoin, Ethereum, and BNB
If you have additional questions, please contact us via email at admin@cryptotradingbot.online
We did a lot of backtesting before we deployed these bots and there has never been a scenario where it didn’t make a profit.
Even in a downtrend the price of an asset oscillates making lower lows on each wave, but super traders and bots take profits on the green candles.
What could happen tho is that you could decide to withdraw your funds immediately after you deposit them. In this case, since you haven’t traded we do not charge anything, you get your funds back in full but the gas fees or network fees are paid by you.
For example, if you deposited $1000, suddenly you decided against trading if the gas fee was $7 at the time of withdrawal, you will get $993.
In most countries, cryptocurrency is treated as property and taxed accordingly. This means that you’ll face tax implications only when you sell your crypto to your local currency.
We don’t handle tax filing because tax laws are different in most parts of the world but generally speaking if you take out $1,000 or whatever your local currency is. When you buy BTC it is assumed that you bought a property.
When this bot helps you make $10,000 to $30,000 as the case might be if you sell your crypto back to your local currency, it is considered that you sold a property and you would have had $9,000 or 29,000 of taxable short-term gains.
You are responsible for tax filing
Your funds always belong to you, it is like contributing to a liquidity pool. You can withdraw your funds at any time. Even 5 minutes after they are deposited