3Commas Review: Key Facts to Consider

3Commas

3Commas is a system that was designed to provide us with executing orders completely automatically on our terminal. This allows us to manage our account profitably. The core claim is around the information about how to be profitable during the market downturns. So, it’s time to check this claim out.

What is 3Commas?

The system is an automated solution for making profits on the crypto market. We can work with it on 18 platforms.

How does 3Commas help traders?

3Commas opens and closes orders for us. It can rebalance the portfolio to get even more profits. 

3Commas main features?

The trading bot is supported by various details and information about what we have to expect from it. 

  • The robot can manage our orders automatically. 
  • We can just provide general supervision of the bot. 
  • It’s possible to check performance, using an app. 
  • The bot lets us check performance and trading statistics, launch other bots, and close orders manually. 
  • We can rebalance our portfolio to be profitable the whole time. 
  • The robot works with a dashboard to provide information about the market. 
  • The platform supports paper trading. It’s a pro because we will know if the system is profitable or not before getting started. 
  • It can provide the balance with extra profits from the high-volatile market moves. 
  • Trading options are possible with this bot. 
  • We can subscribe to these signals.

Ease of use

The system manages our portfolio for us, opening and closing orders, and rebalancing it from time to time. The robots can be used by traders with any level of experience. 

Performance metrics

We don’t know if the system works profitable on the market because the developers don’t provide us with trading statistics to check. It’s a con. 

Settings

3Commas can work with default settings. We should download it and customize it properly. Then, we have to generate API keys and attach it to our account on an exchange.

Safety and security

The system is a secure trading solution that works with API keys with the market. 

Customer support

The support can be delivered via Discord, Twitter, and Telegram. 

Public experience

3Commas testimonials on Trustpilot
3Commas testimonials on Trustpilot

3Commas has a profile on Trustpilot created where over 1,101 reviews are published. The overall rate is 4.5. Most of traders (80%) are satisfied with the trading experience they get with 3Commas. 

Profitability

We don’t know if the system works profitably on the market because the developers don’t provide us with trading statistics to check. 

What does it cost to use 3Commas?

We can pick one or several packages among the provided. The free pack includes features: one GRID Bot, one Options Bot, and one DCA Bot. We have to pay $14.5 monthly to receive one Active SmartTrade, unlimited Scalper Terminal, Paper Trading. The Pro pack costs $49.5 monthly. There are no crypto assets limitations. We can trade on 18 exchanges. 

3Commas supported exchanges

The system can support trading on: Gemini, Binance, FTX, BYBIT, Bitstamp, Bitfinex, gateio, Coinbase Pro, Kraken, Deribit, Poloniex, BitMEX, OKEX, Bittrex, and Huobi.

Deposit & withdrawal requirements

There are no such requirements provided. 

Are your coins secure when using 3Commas?

The system is a secure trading solution that works with API keys with the market. 

How to get started on 3Commas?

We have to download the system, generate API keys, customize settings as we want or keep default, then to attach to our exchange account. 

The core team of 3Commas

The company was created in 2017. The address is Laeva 2, Tallinn, Estonia, 10111. 3Commas has an additional office: 20th floor, 250 Howe Street, Vancouver, BC V6C 3R8.

There are the following people in the team: Yuriy Sorokin, CEO. Mike Goryunov, CMO. Egor Razumovsky, CTO. Katie Campisano, Head of Communications. Artem Koltsov, Tech Lead, and so on.

3Commas Crypto Bot

3Commas
7 10 0 1
3Commas works with our portfolio to keep it profitable. It has two ways to do so. The first one is trading for our behalf during the current market. The second one is rebalancing the portfolio to keep our account consistently profitable. Alas, developers decided not to provide actual trading results to convince us.
3Commas works with our portfolio to keep it profitable. It has two ways to do so. The first one is trading for our behalf during the current market. The second one is rebalancing the portfolio to keep our account consistently profitable. Alas, developers decided not to provide actual trading results to convince us.
7/10
Total Score
  • Key Features
    6/10 Normal
  • Price
    6/10 Normal
  • Security and Reliability
    6/10 Normal
  • Customer Support
    8/10 Very good
  • Public Experience
    8/10 Very good

Advantages

  • The system works automatically
  • We can expect that it will rebalance our portfolio
  • Positive reviews published on Trustpilot

Disadvantages

  • No risk advice given
  • No settings explanations provided
  • No strategy details explained
  • No backtest reports provided
  • No trading results shown
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