Botsfolio is a bot that was designed to help us with trading on the crypto market. The presentation is short, but it includes some details about the system features and settings. Let’s check everything out.
What is Botsfolio?
Botsfolio is a system that can manage orders for us opening and closing profitable trades.
How does Botsfolio help traders?
It provides precise entry points based on the inner calculations. Alas, we don’t know how the bot works because of the lack of details.
What is Botsfolio?
The presentation includes various information about the system, features, and useful intel.
- Botsfolio is a system that trades on the market completely automatically.
- We can get started without having relevant trading experience.
- The risks are able to be default if we want.
- The system allows us not to code it and still be profitable.
- Bots can be configured as we want to fit our expectations and market conditions.
- Everything will be managed automatically.
- The robot can diversify our portfolio.
- The strategies allow us to work in both directions: Longs and Shorts.
- It seeks orders 24/7 on the market.
- There are automatic investment strategies.
- It can work with API keys on our portfolio.
- It should be attached to an exchange account.
- The system works with a useful UI.
- It works with strategies like Hedge trading, Futures trading, Fixed income, and Value investing.
How does Botsfolio help traders?
The system can manage our orders automatically. It rebalances our portfolio when needed.
Performance metrics
The devs claimed that ROI can be 7.95% if the system is used with default settings.
The presentation includes a screenshot of monthly profits without a year mentioned. We have four months closed with losses. This doesn’t look right. It had medium results approximately 6-7% monthly. The top trades were: FIL–+600%, ENJ–+181%, XRP–+135%, XLM–+88.58%.
Ease of use
The system can be used by traders with any previous trading experience.
Settings
We don’t know a list of settings that are allowed to be customized. It’s a con because the presentation lacks transparency.
Safety and security
The robot works with the market through API keys. So, we can be sure that it trades for us, but it’s not allowed to withdraw our account.
Customer support
The developers provide good support to their clients.
Public experience
There is a Botsfolio profile on Trustpilot published. Clients published 28 reviews that formed a 4.0 rate.
There are various testimonials published where people claimed that the system wasn’t profitable and this was such a big problem.
Profitability
We don’t know for sure how much the system makes. The only reason for this is that the developers don’t provide us with actual trading results.
What does it cost to use Botsfolio?
The developers provide us with packages. There’s a 15% performance fee that will be charged from obtained profits. The pricing varies depending on the portfolio value.
- Portfolio Value $1.0k-$3.0k–$4.75/Month+performance fees.
- Portfolio Value $3.0k-$10.0k – $9.50/Month+performance fees.
- Portfolio Value $10.0k-$50.0k–$14.25/Month+plus performance fees.
- Portfolio Value $50.0k-$100.0k–$19.00/Month+plus performance fees.
We can trade ETH, Bitcoin, Bitcoin Cash, and Litecoin. There’s no refund policy applied.
Botsfolio supported exchanges
We can work with Binance, Huobi, CoinbasePro, Pionex, FTX, KuCoin, OKEx, Bithumb, Gate.io, Bitfinex, Poloniex, Bittrex, liquid, ProBit, BigONE, Indodax, Lbank, Bitbns, Bitget, Bybit, BitoPro, CEO Global, HBTC, Hydax, MEXC, and ShuBao.
Deposit & withdrawal requirements
We should have some money on the balance to pay performance fees. Alas, we don’t know how much.
Are your coins secure when using Botsfolio?
Most likely, yes because we can work from our wallet directly, using API keys.
How to get started on Botsfolio?
We have to register on the site. We should decide what package is good and pay for it, then we have to deposit the balance to pay fees. After generating API keys, we can start working.
Is it a beginner-friendly system?
The system is a beginner friendly solution.
The core team of Botsfolio
The company was registered as KribX Inc., USA in 2021. We don’t know anything else about the developers.
Botsfolio Crypto Bot
Botsfolio-
Key Features9/10 Amazing
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Price9/10 Amazing
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Security and Reliability9/10 Amazing
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Customer Support9/10 Amazing
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Public Experience8/10 Very good
Advantages
- We can work with various exchanges.
- The robot is an automatic solution.
- The offer is acceptable.
Disadvantages
- No risk or money-management advice given
- No backtest reports provided
- No trading results available
