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CryptoHero Review: Unbiased Crypto Bot Analysis

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CryptoHero

CryptoHero offers fully automated and proven bots that ensure profitable trades. Setup by experienced traders, the bots are easy to use in just a few clicks. The platform allows seamless management of multiple accounts and supports several crypto exchanges. As per the developer, the bots have helped generate profits for thousands of traders.

What is CryptoHero?

CryptoHero uses the cloud for providing its service. The bot is designed to work round the clock on the supported exchanges. You can trade crypto using the bot by linking it with your exchange account via API keys. As per the vendor, the platform is safe to use and does not need users to deposit funds. The system supports Web, iOS, and Android systems.

Features of the CryptoHero platform

Some of the significant features of the platform that set it apart from its competitors as per the vendor are:

  • It is a crypto trading tool that works effectively in bull, range-bound, and bear markets.
  • You can execute long and short approaches, dollar-cost averaging, indicators, and triggers, and range -bound trading with the bot.
  • Simulation trading allows you to test the strategies without risking your capital.
  • The fast-backtesting feature allows you to test the bot’s performance on historical data.
  • The marketplace feature allows the leasing of bots by professional traders to new users and earns revenue.
  • With the trading terminal, you can manage multiple accounts and trade conveniently.
  • The platform offers important market information like total supply, address, market cap, etc.

How does the CryptoHero bot operate?

The platform offers a suite of intelligent and easy-to-operate bots that provide profits in any type of market condition. Once you set up the bot with the specific parameters, it will monitor the market, identify the profitable opportunities, and execute trades using the strategies you have chosen. Setting the parameters is easy and does not need coding knowledge.

Registration process

Getting started with the platform is a simple and quick process. Here are the steps you need to follow:

Step 1: Account creation

Visit the official website and use the Free sign-up button for registration. Enter the required details such as your name, email, and password.

 Step 2: Login

You will receive the login credential in your mail using which you can login to the site and start using the bot.

Step 3: Bot setup

Choose from the bots available based on the strategies you prefer. After choosing a bot, you need to configure the settings after which the bot takes over the trading for you.

Is it easy to use CryptoHero?

The platform is user-friendly with easy-to-access features. Beginners will find it easy to register and use the different features of the platform.

CryptoHero fees, commissions, limits, and payment options

Pricing plans include a free Basic plan, a Premium($13.99/month)plan, and a Professional ($29.99/month) plan. Paper trading, unlimited exchanges, trading limits, and positions, and safe exchange connections are the features common to all the packages. They differ in the number of active bots provided.

CryptoHero: withdrawal

Other than the subscription fees, the platform does not charge for withdrawals.

How much should you deposit to start trading with CryptoHero?

All funds are handled by the exchange you have an account in and the platform is linked to the account via API keys. The bot trades in your place only and does not have direct access to the funds.

Partnered exchanges and brokers

Cryptohero supports many exchanges of which here are a few important names:

  • Binance
  • Bittrex
  • Coinbase
  • Crypto.com
  • FTX

Is it beginner-friendly?

The easy navigation features, free basic plan, simulation trading, and backtesting features of the platform make it a beginner-friendly system.

Is it a profitable system?

We could not find info on the performance of the bots as the vendor does not provide verified trading results.

Security & regulation

As per the vendor, the platform does not share the trading information of users with any exchanges via their affiliate or broker programs. We could not find further info on the security measures the platform uses to safeguard user data and privacy.

Company information

The platform is supported by the Novum Group, a big blockchain group of companies working in the technology, media, and hedge fund space. Christopher Low is the founder of the platform. He is a serial entrepreneur. The company is based in Singapore and has offices in Switzerland, USD, and Vietnam.

Should you trade with CryptoHero?

The free plan and risk-free trading options make this a favorable platform for beginners. However, expert traders will need more advanced features.

CryptoHero Crypto Bot

5

CryptoHero offers a variety of attractive features like the free basic plan, backtesting, paper trading, and more which will find favor with newbie traders. However, you need to consider the lack of a proven track record, limited exchange support, and inadequate bot functionalities before you decide on using it.

  • Diverse range of features
  • Free plan
  • Simulation and backtesting
  • Limited exchange support
  • No verified performance proof

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