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Smart Crypto Bot Review: Positives and Negatives of Using This Crypto Bot

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Smart Crypto Bot

Smart Crypto Bot is a crypto platform offering automated trades and other crucial trading tools such as strategies, triggers, and more. The bots provided by the platform are fully automated allowing 24/7 trading. The software works on autopilot and does not require your presence to operate.

What is Smart Crypto Bot?

Smart Crypto Bot is a customizable bot that allows you to set up the triggers, strategies, and other aspects and trade emotionlessly. The bot uses advanced automation which is crucial for making profitable trades in the crypto market. For ensuring the best results you need to execute accurate and emotionless trading.

Features of the Smart Crypto Bot platform

Important features of the system as per the vendor are listed below:

  • The system works 24/7 analyzing the market and executing trades as per the configuration you have set.
  • Many trading strategies are integrated into the platform to enable efficient trading.
  • Portfolio management is easy with the portfolio manager feature that allows you to see the balance, open positions, and orders for a quick overview.
  • The bot uses loss prevention methods to reduce the loss of your capital and the methods include stop loss, sell strategies, and more.
  • Integrated Trading View is present that allows you to configure webhooks so the bot operates with alerts sent from Trading View.

How does the Smart Crypto Bot operate?

On registering an account and choosing your bot, you can start trading immediately. On finding the right market opportunity, the bot will execute trades as per your settings. Depending on the type of configuration you choose, the bot uses strategies such as SL, trailing profit, etc.

Registration process

Here is a short but detailed user guide on how to start trading with the bot:

Step 1: Account creation

Visit the official site and click on the Register option. Enter the necessary details for completing the process. Once activated, you can log in.

Step 2: Exchange account

Binance is the main supported exchange. You need to create a wallet and form API keys to enable the bot to link to the wallet. This step can be skipped if you already have an account.

Step 3: Begin trading

After the account creation process is over, you add funds to the account and upon making the necessary settings, the bot will be ready to trade for you.

Is it easy to use Smart Crypto Bot?

The user interface is intuitive and designed to make the platform accessible to newbies and professionals alike.

Smart Crypto Bot fees, commissions, limits, and payment options

Pricing options for this service are simple. You need to pay € 10.00 per month for one bot. Additionally, the company charges a fee of 0.15% per trade.  No other charges are present.

Smart Crypto Bot: withdrawal

The software is designed to trade on your behalf and it has trade-only access to your funds. So, there is no withdrawal feature.

How much should you deposit to start trading with Smart Crypto Bot?

We could not find info on the minimum required deposit as the vendor does not furnish such details.

Partnered exchanges and brokers

The platform partners only with Binance. You cannot use any other exchange for the bot.

Is it beginner-friendly?

Yes. The user-friendly interface, customizable and pre-built strategies, triggers, and charts are features that make it a beginner-friendly system.

Is it a profitable system?

While the vendor claims that the smart bots are designed to be effective in any market conditions, there is no proven track record.

Security & regulation

For security, the bot uses API keys with trade-only permission and two-factor authentication via the Google Authenticator app.

Company information

We could not find info on the company such as its founding year, team members, location, etc.

Should you trade with Smart Crypto Bot?

The service offers easy and convenient features that make it a beginner-friendly system. However, professional traders would prefer a platform with a larger number of supported exchanges and more advanced features.

Smart Crypto Bot

4

Smart Crypto Bot offers an automated trading feature with a choice of multiple strategies, loss prevention methods, portfolio management, triggers, charts, etc. However, our evaluation reveals some shortcomings such as the lack of vendor transparency, limited exchange support, and absence of verified proof of performance.

  • Fully automated and customized bots
  • Affordable pricing
  • No proven track record
  • Lack of vendor transparency
  • No refund offer

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