Botcrypto Review: The Truth About This Crypto Bot

Botcrypto

Botcrypto wants to help you to save time and capture new trading opportunities using its crypto bots. By offering emotionless trading, the software also seeks to ensure you make sound trading decisions. As a consequence, you will gain an edge over the market.

What is Botcrypto?

Botcrypto is a web platform that assists users in designing and building their own automated bots they can use to trade in the crypto market. 

How does Botcrypto help traders?

The platform’s bots normally initiate buy/sell orders based on your selected strategy. For instance, they can help you make wise investments using dollar-cost averaging, a safe form of crypto investing. You can also access a variety of indicators, such as Bollinger Bands, MACD, RSI, etc., to fashion conditions in your strategies.  

Botcrypto main features

Here’s a list of the software’s main features: 

  • It includes several automated bots that can begin trading in a few clicks.
  • Th system provides over 20 indicators to facilitate your trading activities.
  • The bot offers dozens of strategies and allows you to backtest them.

Ease of use

Botcrypto is by all means user-friendly. The devs describe the product in simple terms and explain how it works. They also include numerous manuals and tutorials to ensure you don’t have problems configuring and launching the bots into the market. In fact, you don’t need coding skills because the platform features a visual editor to help you create your strategy with ease.

Settings

A variety of settings are integrated into the bot, and some include order type, trade, volume, and price.

Safety and security

The bot is not designed to hold funds. Rather, it uses the money kept safely in your exchange to place trades on your behalf. The interactions between the bot and the exchange are made through encrypted API keys, so it cannot access, leave alone withdraw your money. You are also advised to enable 2FA to enhance the security of your account and assets.  

Customer support

Botcrypto offers a number of customer support options, including email, a help center, blog articles, and tutorials. But if you don’t find the info you need, you are advised to search the docs. To get assistance on something specific, visit Botcrypto’s discord group and post your issue there. 

Public experience

Botcrypto lacks customer reviews at the moment on some of the trusted websites like the Forex Peace Army and Trustpilot. So, it’s impossible to gauge public experience. 

Profitability

The actual profitability rate of this system cannot be determined, mainly because earnings generated are dictated by various factors. These include market conditions, strategies and indicators used, trading pairs, and more. 

What does it cost to use Botcrypto?

Botcrypto provides 3 paid plans, namely Bronze, Silver, and Gold. Their prices range between € 12.49, € 37.49, and € 74.99 monthly. You can save up to 20% of your money if you decide to subscribe to the yearly packages, whose prices start from 119.88€, 359.88€, to 719.88€. The features available in these packages include automated bots, unlimited strategies, notifications on Discord or Slack, full access to the API, etc. A free plan is present, but it doesn’t give you access to any trading bot.  

Botcrypto supported exchanges

The system currently supports two exchanges: Kraken and Binance. 

Deposit and withdrawal requirements

The bot gives you the liberty to choose the volumes you want your bot to work with. On the issue of withdrawal requirements, the software does not permit users to withdraw money. So, all withdrawals can be made through your chosen exchange only. 

How to get started on Botcrypto

The first step to using this bot is creating an account. Therefore, follow these easy procedures to get started:

  1. Go to the official page
  2. Press the “sign up for free” button
  3. Enter your email and password details
  4. Accept terms of use and sign up
  5. Verify your email by clicking on the confirmation link sent to your inbox
  6. Log in to your new account and create the trading strategy of your choice

The core team of Botcrypto

Botcrypto was created by three individuals, who include Constantin De La Roche (software engineer), Théo Poizat (a full stack developer), and Mehdi Boussaad. The team is based in Strasbourg, France and is on a mission to make everyone a better trader. 

Botcrypto Crypto Bot

Botcrypto
5 10 0 1
Botcrypto provides automated trading, therefore, you don’t have to make trades and monitor the charts continuously. Consequently, you will save on your precious time. Furthermore, the multiple strategies and indicators ensure you expand your income potential. However, the software does not have a mobile app, which means you can only monitor your bots on your computer.
Botcrypto provides automated trading, therefore, you don’t have to make trades and monitor the charts continuously. Consequently, you will save on your precious time. Furthermore, the multiple strategies and indicators ensure you expand your income potential. However, the software does not have a mobile app, which means you can only monitor your bots on your computer.
5/10
Total Score
  • Key features
    5/10 Neutral
  • Price
    4/10 Passably
  • Security and reliability
    5/10 Neutral
  • Customer support
    7/10 Good
  • Public experience
    2/10 Very bad

Advantages

  • Features a free plan and backtests
  • Provides over 20 indicators
  • User-friendly
  • Multiple strategies present

Disadvantages

  • No mobile app
  • Compatibility with 2 exchanges only
  • Real performance unknown
Total
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