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Copy of Top Strategies for Crypto Trading
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Top Strategies For Crypto Trading

by cryptocreed
written by cryptocreed

It is no secret that the crypto market is volatile. Because of this, you may be looking for a strategy that will help you maximize profits and minimize losses. The best thing about trading cryptocurrency is that there are always new strategies being developed to make it easier for traders to become successful. 

In this article, we will discuss some of the most popular strategies used by crypto traders as well as provide our opinion on which one we think is the most profitable strategy on the market today.

What is a crypto trading strategy?

A crypto trading strategy is a systematic approach to buying and selling cryptocurrencies with the aim of generating profits, minimizing risks, and achieving specific financial goals. It involves a set of rules and guidelines that dictate when to enter or exit a trade, how much to invest, and how to manage risks. Crypto trading strategies can be based on various factors, such as technical analysis, fundamental analysis, or market sentiment.

One popular aspect of crypto trading strategies is “bot trading,” which involves using automated trading software or algorithms to execute trades on behalf of the trader. These bots can be programmed to follow specific trading strategies, enabling traders to capitalize on market opportunities without constantly monitoring the market. Bot trading can be particularly useful for strategies that require high-frequency trading, such as scalping or arbitrage.

Trading pairs are an essential component of a crypto trading strategy, as they allow traders to exchange one cryptocurrency for another. A trading pair consists of two assets, where one is quoted against the other, such as BTC/ETH or LTC/USD along with LUNA/USDT. By carefully analyzing and choosing the most suitable trading pairs, traders can optimize their strategies according to market conditions and their individual risk tolerance. 

The best crypto trading strategies

Scalping

Scalping in crypto is a short-term trading strategy where traders make multiple trades quickly in a short period of time to get repeated profits. It involves taking advantage of small price differences to make profits. 

Traders who use this strategy do not target massive profits at once; they rather try to make profits from small price movements over and over again. Scalping requires opening and closing transactions with high frequency, and the duration of such transactions ranges from several minutes to seconds.

Day Trading

Copy of Top Strategies for Crypto Trading

Day trading in crypto refers to a short-term trading strategy where traders buy and sell cryptocurrencies within the same day. The primary goal of day trading is to generate profits from the short-term price movements of cryptocurrencies. Unlike long-term investors, day traders do not hold their positions open overnight. 

This strategy is particularly attractive to budding and part-time traders, as cryptocurrency markets are active 24/7, allowing traders at any level to find the time to trade. However, day trading crypto is a high-risk venture, requiring a deeper knowledge of cryptocurrency and blockchain technology to achieve consistent trading success.

Range trading

Range trading is a strategy that involves buying and selling assets within a specific price range. The idea behind this method is that you can profit from the difference between the highest and lowest prices reached by an asset during its trading session.

Range traders look for opportunities to enter into a position when they see their chosen currency pair (or stock, etc.) reaching new highs or lows in relation to another asset. They believe that there will be plenty of buyers at these levels, so they buy as soon as these levels are reached and sell after taking profits or waiting until prices return towards the middle of their predetermined range.

Breakout trading

Breakout trading is a specific investment strategy that involves monitoring the prices of various assets and watching for the moment when the price of an asset moves above or below a predetermined price range. 

A breakout occurs when the price moves beyond a certain level, such as above a resistance level or below a support level. This indicates that prices may continue in the direction of the breakout, presenting potential profit opportunities for traders.

Breakout trading is often used by trend followers, CTAs, and market wizards, as it guarantees that traders catch every trend in the market. To successfully implement a breakout trading strategy, it’s essential to identify significant price levels, such as support and resistance, and monitor the market for potential breakouts.

Moving averages crossovers

Moving averages crossovers occur when two different moving average lines cross over one another. These crossovers can help traders identify the bulk of a trend, as they are a lagging indicator.

In a moving average crossover strategy, traders typically use two moving averages: a short-term moving average and a long-term moving average. When the short-term moving average crosses above the long-term moving average, it is considered a bullish signal, indicating that the asset’s price is likely to increase. 

MACD

The Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator that shows the relationship between two exponential moving averages (EMAs) of a security’s price. Developed by Gerald Appel in the late 1970s, MACD is designed to reveal changes in the strength, direction, momentum, and duration of a trend in a stock’s price.

The MACD is calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA, resulting in the MACD line. The MACD indicator also includes a signal line, which is typically a 9-period EMA of the MACD line. Traders use the interaction between the MACD line and the signal line to identify potential trading signals.

Inter-Exchange arbitrage

Inter-exchange arbitrage, also known as spatial arbitrage, is a trading strategy that exploits the price differences of an asset, like cryptocurrencies, across multiple exchanges. The primary idea behind inter-exchange arbitrage is to buy an asset on one exchange where the price is lower and simultaneously sell it on another exchange where the price is higher.

It’s worth noting that inter-exchange arbitrage opportunities can arise due to varying factors like differences in market participants, liquidity, and exchange-specific events. However, these opportunities are often short-lived, as the market eventually corrects the price discrepancies.

What To Look For in Choosing a Crypto Trading Strategy

When choosing a crypto trading strategy, it’s essential to consider several factors to ensure that the strategy aligns with your goals, risk tolerance, and trading experience. Some factors to consider include:

Technical analysis vs. fundamental analysis

Understand the differences between these two approaches and decide which one better suits your trading style.

Ease of use

Consider your familiarity with trading and select a strategy that matches your experience level.

Volatility

Cryptocurrencies are known for their price volatility, so choose a trading strategy that can take advantage of these price fluctuations.

Liquidity

Ensure that the chosen strategy can be executed on exchanges with sufficient liquidity.

Risk management

Assess your risk tolerance and choose a strategy that aligns with your risk profile.

Portfolio goals

Consider how the chosen strategy fits into your overall portfolio goals and investment objectives.

By evaluating these factors, you can select a crypto trading strategy that best suits your needs and helps you achieve your desired outcomes in the crypto market.

How to use crypto trading strategies

To use crypto trading strategies effectively, follow these steps:

Identify a suitable strategy: Research different trading strategies and select one that aligns with your trading goals, risk tolerance, and experience level.

Choose a reputable exchange: Find a crypto exchange with a suitable trading platform, adequate liquidity, and reasonable fees.

Learn technical and fundamental analysis: Understand the basics of technical and fundamental analysis to make informed trading decisions.

Implement risk management: Establish risk management practices, such as setting stop-loss orders and position sizing, to protect your capital.

Practice and refine: Use demo accounts or paper trading to practice your chosen strategy without risking real money. Continuously refine your strategy based on your performance and market conditions.

Remember that trading cryptocurrencies involves inherent risks, and it’s essential to stay informed and adapt your strategy as needed.

Conclusion

In conclusion, various crypto trading strategies cater to different types of traders, depending on their goals, risk tolerance, and trading experience. It’s essential to choose a strategy that aligns with your objectives and risk tolerance. Always practice risk management, stay informed about market developments, and continuously refine your trading strategy to adapt to changing market conditions.

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ReviewsTrading

CryptoHopper Review: Most Profitable Crypto Automated Trading Bot

by cryptocreed
written by cryptocreed

Cryptohopper is one of the first AI-based crypto trading bot-providing platforms. Making money through trading is not tough when you have a profitable bot in the market, but it is not what everyone can afford for many reasons.

Using any random trading bot can put your money at risk and not only your money but it can steal throughout the trading to make scammers profit.

Also, crypto trading bots available on the internet are not easy to use there are rarely a few cryptocurrency trading bots available on the internet that are user-friendly and easy to use.

Here CryptoHopper makes entries with top-notch features that can make your trading experience much better and easier than ever.

Let’s take understand more about this platform and its bots through this Cryptohopper Review.

What Is Cryptohopper?

Cryptohopper is an online crypto-automated bitcoin trading platform that allows you to optimize your tools and make a profit from each trade.CryptohopperIt was founded in the year 2017 by two Dutch brothers, one is a web designer and another one is an experienced day trader. With the aim of providing a safe and secure trading bot that can execute your orders 24/7 whether you are on your computer or not.

CryptoHopper offers a free trial as well, in which you can create unlimited copy bots.

CryptoHopper has more than 693K registered traders or users using the bots. They widely support all major cryptocurrency exchanges including Binance, Coinbase, Kucoin, Bittrex, Kraken, Poloniex, OKX, etc.

They have a teaching academy that will help newbies traders to know more about trading strategies with educational resources.

Cryptohopper has also a marketplace where you can find experienced traders’ strategies and signal templates.

How To Join CryptoHopper?

First, visit this link to register on the platform.  You have to submit details like username, email, referral code, and password. Or you can sign up using Facebook, Google, and Apple.

You can use my referral code “17210“.

Once you sign up on the website, now you have to configure your account. You have to go to the Account page and edit your profile details like name, address, etc. details.

Enable 2FA for better security.

CryptoHopper Pricing

CryptoHopper has four different plans including a free one. The Explorer plan will cost you $16.58 per month, $41.58 per month on the Adventurer plan, and $83.25 per month for the Hero plan. These plans come in annual packages.

cryptohopper monthly pricing

Monthly Plan

cryptohopper pricing

Annual Plan

CryptoHopper Features

Let’s check out the top features because of what they are famous for.

Copy Trading / Mirror Trading

Copy Trading is also known as Mirror Trading which simply means copying others’ trades and performing with your balance.

Your amount will place for buy and sell when others will do. They have a bunch of experienced traders whom you can follow to make a profit on their profit and lose on their loss.

You can use the Stop-Loss function to protect your funds from drastic loss.

Arbitrage Trading

CryptoHopper helps you to use different crypto exchanges to make a profit from fast trades. The arbitrage bot search for profitable opportunities.

Crypto Arbitrage happens when you buy a coin from one exchange at a lower rate and sell it to another one for a higher rate. The difference is your profit, you have to perform action fast to make a profit and that’s why a bot is useful. Performing manual transactions might take time but bots are used to act faster.

Algorithm Intelligence

This feature that you can find rarely anywhere else. Algorithm Intelligence helps you to visualize, deploy, and automate trading strategies on the available markets.

You can automatically import trading strategies and perform trade for you. Your AI will check and put the best strategies in the market.

Paper Trading

Paper trading is where check your strategies before putting your real money into that strategy. You get a chance to know which strategy or bot will generate profit for you and which will put you at loss.

Paper Trading comes as free with every package they have. And you don’t need to have crypto to trade.

Trailing Stops

The trailing bot checks the market activity and performs activities accordingly. Stop Loss, Stop Buy, and Stop Short tools let you stop trading and buy coins when the price goes down & up and sell when the price moment changes.

CryptoHopper Marketplace

Their marketplace has a number of trading templates that you can buy and trade. There are some free templates as well but don’t know if they are useful or not.

You can check how many users are using those templates to know the benefits of it.

Referral Program



 You can refer your friends and earn 15% on their subscription purchases. Suppose one of your referrals purchased a Hero package for 12 months then he has to pay $999. Once he made a purchase you will get $150.

CryptoHopper Is Legit Or Scam?

Yes, Cryptohopper is a legit and highly safe crypto trading bot but still money is what you have to care about most. Hence it is important to use all security features before using real money.

Founders are not personally active in crypto or social media but the platform is very active on social media like Twitter and Reddit. They have 3.5K members on Reddit and 7.3K followers on Twitter.

It is a registered company in the Netherlands, with the name, Cryptohopper BV, Johan van Hasseltweg 18A 1022 WV, Amsterdam, The Netherlands.

They have a rating of 4.1 out of 5 from 297 reviews, on TrustPilot. Mostly negative reviews are saying that the bots are not working.

Download CryptoHopper App – Reviews

The app is available on both iOS and Android devices. On Play Store they have a rating of 3.4 out of 5 from 2.24K reviews. More than 100K times the app was downloaded.

It seems they have more negative reviews on Play Store but on App Store, they have more positive reviews.

On Play Store they have a rating of 4.3 out of 5 from 530 reviews.

CryptoHopper Customer Support

Cryptohopper offers 24/7 hours customer support. You can check out the support page for knowledgebase articles. Or you can create a ticket to get slow help or answers.

The best way to get help is live chat, where you get a chance to talk with a real person about the problem you are facing with. If you are a video geek then their video section might help you to understand more about the platform.

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Beginner’s GuideMining

Top 5 Best Komodo Cloud Mining Platforms In 2024

by cryptocreed
written by cryptocreed

Komodo is a built-in Proof of Work protocol which means you can mine this coin. In the world where most coins move towards Proof of stake, some coins like Komodo work on PoW.

The Komodo focuses on privacy and transparency. Komodo is trading on major crypto exchanges including Binance, Kucoin, Huobi, etc.

The article will cover how you can mine Komodo coins using Cloud mining platforms. Nowadays there are limited numbers of Komodo cloud mining platforms but they all are trusted and profitable at some moment.

Let’s check out the top 5 best Komodo cloud mining platforms.

5 Best Komodo Cloud Mining Platforms In 2024

Cloud mining is where you get hash power on rent from a third party. Hence it’s important to choose trusted third-party platforms as there are many scam platforms too. Hence we picked the top 5 platforms for you.

Ecos

Ecos was founded in 2017, it is one of the most trusted cloud mining service providers that is serving more than 100K users from all over the world. The platform focuses on mining coins and also offers other crypto-related products.

The website claims to have legal status to operate a cloud mining service. They have a data center with equipment like Antminer S19j Pro and 200 MW of electricity.

Ecos has a mobile app for iOS and Android, they have more than 100K downloads on the Play Store and 28K downloads on iOS.

Customer support is active 24/7 through live chat and it has Telegram change as well where you can find the latest information and help.

You can use their calculator to calculate how much profit you can generate with Ecost.

Kucoin

Kucoin is one of the largest cryptocurrency trading platforms. It launches a cloud mining pool frequently currently they are running the 9th round or stage of a cloud mining pool.

Kucoin has a telegram group where more than 30K members joined and the group is active so you can get proper help.

First, visit the Kucoin official website and then go to the Cloud Mining page where you can find a list of active mining pools. Choose the pool and enter the purchase details e.g. hash rate and submit the order.

Also Read: Kucoin Arbitrage Bot

Binance

Binance is a cryptocurrency exchange that was launched in the year 2017 and currently, it is the number one exchange as per market cap.

With Binance Cloud mining you will get more fund safety plus better return. You don’t need to worry much as the platform is also very simple to use and you can just start Komodo Cloud Mining within a few clicks.

But to start Komodo Cloud Mining you need to be fast as they run out of hash rate. You know the rush on the premium exchanges. There is a fee of 2.5% which is taken as a mining pool fee and 1.5% as a management fee.

Join using our referral link to save 30% of the mining fee.

BitDeer

With BitDeer you can cloud mine multiple cryptocurrencies including Bitcoin, Decred, ETC, Komodo, etc. It was founded by Jihan Wu, a person who is part of the BitMain team.

BitDeer was founded in the year 2018, they have hosted 5 mining farms across Africa and Europe.

The payout is done daily and minimum payouts of 0.002 BTC or equivalent in other coins. The number of users on the platform is more hence on average daily payout is more than 20 BTC daily.

BitDeer has its mobile apps for Android and iOS devices. But I do not suggest using their app as it has not been updated for a long time and reviews are not good as well.

Hashshiny

Hashshiny is the cloud mining platform that supports almost all major minable coins including Bitcoin, Ethereum Classic, Komodo, and all other major algorithms.

The platform was founded in the year 2018 whereas some sites claim that the platform was founded in 2016 which is wrong.

You can start your investment with a minimum of $10 only. Their mining farm is available in Kazakhstan which uses Hydropower and Wind power.

HashFrog

HashFrog is a new but trusted Bitcoin cloud mining platform that supports coins like Bitcoin, Kadena, Litecoin, Dogecoin, and a few others. To prove their trust they have partnered with companies like BitMain and AntPool.

If you are a newbie then you might be facing any issues or have questions related to their platform. Then the good thing is that they offer 24/7 chat support.

You can deposit or buy a cloud pool worth $5000 without KYC verification. There are withdrawal limits as well for non-KYC verified withdrawals. Minimum cloud mining starts at $10.98 for 3 days plan.

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BitcoinCryptocurrencyTrading

TradeSanta Review: Crypto Trading Bot That Makes Money For You Or Scam?

by cryptocreed
written by cryptocreed

Trading is never easy and the person with impatience can’t make a fortune in it till bots are not entered the market. Crypto trading bots give you a stressless trading experience and save you time.

There are many trading bots on the internet you can find and mostly all legit and safe trading bots are already mentioned here on cryptocreed.

In this article of Tradesanta review, you will find how legit it is, what its features are, who should use them, how you can make more profits, and much more.

Tradesanta is for everyone, it doesn’t matter if you are a newbie or an expert trader. It provides tools that help everyone start their trading journey with a bot without confusion.

Click here to register on TradeSanta using our link to support us.

What Is Tradesanta?

TradeSanta is a cloud-based automated crypto trading bot founded or launched in 2018 by a bunch of traders with the aim of providing a safer and better-automated trading experience to crypto traders without having prior experience.

TradeSanta was founded by a team of experienced crypto traders led by Polina Demchuk. It has headquarters in Yerevan, Armenia, and is registered under the British Virgin Islands on the number 2069399.

TradeSanta allows you to experience different types of trading with their top-notch features like Spot and Futures trading bot, long and short trading bot, Risk management, Demo trading bot and etc.

Their Telegram group is highly active in getting answers to your question as there you will find a community to help you.

TradeSanta Features

Tradesanta is famous because of its features and its features widely cover every type of trader so everyone can get the opportunity to get their trade done.

Grid and DCA Bots

Grid and DCA (Dollar Cost Averaging) are similar methods of trading bots where traders can put different orders to execute opening and closing orders and generate profit from them.

Grid bots are good for each trade and if you want to put the average rate for all of your trades then DCA bots are perfect for you.

The perfect example is given on TradeSanta’s website on what is Grid bot

“When trading with a Grid bot a sell order is placed for each buy order. If you have 1 first order and 3 extra orders, 4 sell orders in total will be placed. However, no more than 2 orders (1 buy order, 1 sell order) are on the exchange simultaneously. If the bot executes any order partially it will place take profit order for that part.”

Extra Order

Extra order helps you to trade when the market is not stable, volatile market helps you to get more profit than a stable. But it involves risks as well. It allows you to trade, buy and sell extra coins at the current market price so you can make more profit.

The strategy is used to perform an action automatically hence you do not have to take any stress on negative market conditions.

Future Trading Bot

You might have used futures trading on exchanges like Binance and Kucoin but do you know you can perform future trading on any supported exchanges through Tradesanta’s Bot?

Just simply connect your Future trading-supported exchange and start setting up Bot

Crypto Profit Calculator

Sometimes it’s hard to figure out how much you can generate profit or loss. Tradesanta provides the crypto profit calculator by using it traders can calculate their trading fees, profits, and losses.

Click here to visit the calculator page and enter details like a coin, Trading amount, initial price, selling price, trading fee, an exit fee.

Following are the coin supported by their calculator Btc, Eth, Bnb, Xrp, Ada, Sol, Doge, Dot, Shib, and Avax.

Should You Use TradeSanta Or Not?

Yes, you should use them here are the reasons why you should use them. Tradesanta is a  100% trusted and secured platform.

Tradesanta is a brand in the crypto trading bot market because of many reasons and here you are going to know why you should use TradeSanta and why not.

Let’s check out users’ reviews first and what those users think about it.

Trustpilot, they have a rating of 4.2 out of 5 from 55 reviews. Most of the reviews are positive reviews and users are satisfied with them.

Some of the reviews;

“I subscribed and after 2 weeks i was not able to achieve anything before i opted out. You need to be well experienced to use the platform. but the real problem is the telegram chat group they are using where there are so many scammers that bears the same ‘Admin’ name that will reach out to you immediately you ask a question in the group. You need to be extra careful to deal with them.” by Ben.

Have been using the service itself for around 3 weeks and so far I’m satisfied.I’m up around $200 on my initial $1500 investment. The platforms itself is overall pretty well designed,functional, and easy to navigate other than that, tardesanta is pretty sweet. I’m a novice and there is probably a ton of utility that I’m not even using, so imagine it can be even better for someone who is more knowledgeable and experienced. by Davis Diaz.

Customer Support

TradeSanta provides the best customers through its social media channels like Telegram and Discord. In their Discord, there are 185 members and in Telegram, there are more than 4100 members. I suggest joining their Telegram for fast help and query.

Admins are more active here on Telegram so you can find help over Telegram easily. But when you ask questions in the group make sure you got contacted by real admins because there are many fake admin profiles roaming.

Note: Never share your private key, API, password, or any other credentials.

Official Binance Partner

Binance itself is a trusted name in the crypto community and when it is backing any project then it means the project is really good. Along with TraderWagon and Cryptorg Tradesanta is the official broker partner of Binance.

Ratings On App Store & Play Store

The Tradesanta app can be downloaded on both stores, App Store and Play Store. The app has got more than 50K users on android devices from which 795 people shared their reviews, it has received a rating of 3.7 out of 5.

Fewer users are there on App Store but have a similar rating on the App Store of 3.9 out of 5 from 180 reviews.

Most of the negative reviews are old and it doesn’t represent the newly updated app. Negative reviews are mostly related to users’ experience and app layout.

Supported Exchanges

For spot trades, you can connect Binance, HitBTC, Huobi, OKX, BinanceUS, Coinbase Pro, Bybit, Kraken, and XGO.

For Future trades, you can connect Binance, ByBit, and Kraken future tradings.

TradeSanta Pricing

TradeSanta is a freemium platform, you can use the platform for free and can pay for advanced features as well.

It accepts payment in Crypto and through Credit Cards. Payments done in crypto are non-refundable.

In the free plan, you will get access to 1 bot and a trading terminal, with the Basic plan you can use up to 49 bots and much more like a Trading terminal, Unlimited numbers of pairs, All strategies, & Telegram notifications, with Advanced plan you can create up to 99 bots with basic plan features & trailing take profit, TradingView screener signals features.

tradesanta pricing

You will get discounts on each of the plans when you upgrade your account for more durations.

Tradesants Referral Program

If you are a blogger or have a vast amount of followers then you must utilize referral links.

Tradesants share 20% of each payment from your referrals, which means if your user upgraded your account with $100 then you will get $20 for free.

Suppose any of your referrals purchased a maximum plan for 12 months then it will cost him 420 USD and 20% of $420 is $84 which is your earning.

Users can withdraw their earned coins in USDT EBEP20. Referral withdrawals may take up to 45 days to proceed.

Platform & Account Security

In the first place, it allows you to protect your account using 2FA, you can create a bot only when you have enabled 2FA on your account.

TradeSanta allows you to connect your exchange accounts with them but it also claims that it doesn’t have any control over your funds. So you don’t have to worry about your funds from losing it.

You can also get real-time notifications through Website notifications and Telegram. By enabling website notifications you will get a notification on your account and if you are active on Telegram then you should activate a Telegram notification where you can get an install notification if anything gets updated or changes.

Thanks for reading this Tradesanta review, do not forget to share it with others.

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BINANCE p2p QUIZ ANSWERS
CryptocurrencyFree Money

Binance Learn & Earn Quiz Answers: Binance P2P Quiz Answers

by cryptocreed
written by cryptocreed

Binance P2P Quiz Answers For A Beginner’s Guide to Buying and Selling Crypto via Binance P2P

Binance is widely used to sell cryptocurrency using their P2P methods in countries where there are lots of restrictions on dealing with cryptocurrencies.

India is a prime example of why people are moving towards P2P trade more in comparison to selling or buying through the Indian crypto exchange.

It is important for you to know why you should use p2p exchanges cautiously and what are other better options for Indian traders.

Binance P2P was launched in 2019 that allows you to buy all supported cryptocurrencies over 100 local currencies.

Also Read: Create Litecoin Paper Wallet Using Litecoinpaperwallet.com

Things To Remember While Taking Binance P2P Quiz

  1. Learn and Earn page can be accessed here “https://academy.binance.com/en/learn-and-earn”.
  2. Login to check if you are eligible or not.
  3. Try to use a mobile device.
  4. Questions will be not in the same format for everyone.
  5. Rewards will get credited to your account within 48 hours.
Total reward: $0.50 BUSD
Start & End Date: NA
What to do: Watch a video of 2.11 minutes and answer 11 questions.

Must Read: BINANCE SKALE QUIZ ANSWERS

Binance Quiz Answers for A Beginner’s Guide to Buying and Selling Crypto via Binance P2P

Q1: What is P2P trading?

Answer: Peer-to-peer trading, where you buy and sell directly with another person without going through a middleman.

Q2: Who can use Binance P2P?

Answer: Only verified Binance users.

Q3: What are the benefits of using Binance P2P?

Answer: All are correct.

Q4: What should I do when the buyer sends me proof of payment via P2P chat, claiming that they have paid?

Answer: Check my bank or e-wallet balance to see if the fiat has arrived, make sure the buyer’s verified name matches the sender’s name, then release crypto.

Q5: What should I do if the counterparty asks me to provide my social account or phone number?

Answer: Do not send & insist on communicating through Binance P2P chat only.

Q6: What is a fake SMS scam?

Answer: Any of the above.

Q7: Will Binance P2P send me messages in the chat box asking to release funds while a transaction is pending?

Answer: Binance P2P will only send Risk Alerts in the Chat Box.

Q8. True or False? All merchants are also considered makers.

Answer: True (Not Sure)

Q9. When you purchase crypto via Binance P2P, to which wallet is it transferred?

Answer: Funding Wallet

Q10. These users have to pick a nickname. They are:

Answer: Makers

Q11. If you are looking to trade in bulk, you would trade with:

Answer: Block merchants

Q12. The holding mechanism that secures your crypto during a transaction in order to prevent scams is called?

Answer: Escrow

Q13. The taker fee for Binance P2P users is

Answer: 0%

Q14. True or False? You are a taker if you post P2P ads.

Answer: False

Q15. The two price types a user can select from while creating ads are:

Answer: Fixed and Floating

Q16. The act of buying crypto at a lower price somewhere and selling it at a higher price elsewhere is called:

Answer: Arbitrage

Q17. If you are a buyer and you cancel your order, it will affect your:

Answer: 30d completion rate

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FeaturedInvestmentReviews

BitsGap Review 2024: Trusted or Scam Cryptocurrency Trading Bot?

by cryptocreed
written by cryptocreed

Trading for a long but not able to grab the best opportunity? Or not able to track crypto arbitrage opportunities? Want to trade crypto 24/7? BitsGap is the answer to it.

BitsGap is a platform every trader must use once in their trading journey. But before trying them you should know more about them.

There are many questions that will get answered in this BitsGap Review article. I know you have questions like whether bitsGap is legit, pricing, types of bots, supported features, exchanges, etc.

Let’s take deep dive into BitsGap Review.

Click here to visit BitsGap.

What Is BitsGap?

BitsGap is an automation tool & trading bot founded in 2016 based in Estonia. BitsGap is widely used by traders to make their trading journey easy while making a profit.

The platform itself claims to be the safest trading bot provider for major exchanges. They do not have control over your fund as said on your website.

They have more than 4 million monthly visits, 500K registered traders, more than $370 billion in trading volume,  and more than 3.7 million bots started.

BitsGap Features – BitsGap Bot Review

It is important to know what features they offer, BitsGap has lots of different reasons to use it and it is an important part of BitsGap Review.

Security

Security is what every trader is worrying about. Bitsgap offers high security to its users. All users’ info is secured & encrypted with 2048-bit & protected by a firewall. Users are allowed to use 2FA or use hardware security keys/FIDO2.

Arbitrage (removed)

Arbitrage requires having funds on different crypto exchanges, sometime you may need to put coins in more than 5 or 10 exchanges to make a profit.

As of now, this feature has been removed because of a lack of interest & high risk.

Signals (removed)

The signals feature allows traders to pick the best pairs automatically and trade in place of traders. You can get control over your next move and can benefit from it.

Demo

Want to check out if BitsGap is easy to use and user-friendly or not? Then you must want to try their Demo exchange. You can find a demo button on your profile logo, which you can activate and deactivate.

7-Day Free Trial

You can register for free and can try their Demo to understand but not only demo you also get a free trial for 7 days, which means you can trade with real bots for 7 days without paying for any plan.

It is not clear which plan you will get in the trial period, but most probably you will get a basic plan.

10+ Supported Exchanges

BitsGap supports more than 10 top-tier exchanges. Binance, BitFinex, Bittrex, Bybit, Coinbase Pro, FTX, Gate, Gemini, HitBTC, Huobi, Kraken, Kucoin, OKX, and Poloniex have supported exchanges.

Active BitsGap Bots

GRID Trading Bots

GRID trading is highly used by traders at their starting journey, it allows Buy and Sell orders in postponed limits in predefined price intervals.

It has strategies like Buy the Dip, Flat earn on USDT fluctuation, and Custom grid.

BitsGap Future Bot

This bot allows you to trade with leverage from x1 to x10. Future trading is a bit riskier in comparison to any other bots and not everyone can afford it.

You can trade more than x10 of your initial investment amount. BitsGap has two future strategies, Long & Short

BitsGap DCA Bots

One of many bitsgap trading bot.

DCA bots would be used to invest in crypto at different levels to buy at lower prices. It automatically buys and sells coins at an automatic time using technical automation and analysis.

Available strategies are MACD+RSI, Stochastic+Channel, Pure DCA, and Custom DCA.

BitsGap Is Legit Or Scam?

Is BitsGap a Scam platform? Without any doubt, BitsGap is a legitimate platform and registered company in Estonia.

Let’s see what their users are saying about reviewing the site.

On Trustpilot, they have a rating of 4.4 out of 5 from more than 511.

The negative reviews are mostly regarding the BTD feature, which users call a method of scamming people.

Users are also complaining that they are not more beginner-friendly.

BitsGap Plans and Pricing

BitsGap Pricing has monthly and half-yearly plans which have three different levels or plans.

Following are the monthly plans & their benefits with bitsgap fees.

bitsgap review monthly plan and pricing

And if you are a daily trader and have a plan to do trading for the long term then you can go with a 6-month plan, following are the 6 monthly plans.6 monthly bitsgap review pricing and plan

Best Bitsgap Alternative

Quadency

Quadency is one of the platforms where you can create your own custom trading bot or can choose one from available.

You can use them for free or upgrade to an unlimited plan for $99.00 per month.

Note: They have a running offer where you can use their pro plan for free.

HaasBot

HaasBot is part of the HaasOnline which is an advanced crypto trading platform. You can start using their platform as low as 0.006 BTC for 3 months and 0.039 BTC for 9 months with all features.

HaasBot can be your best Bitsgap alternative.

HaasBot was launched in the year 2014 by Stephan de Haas. And since then they have worked smoothly and actively. It is the best crypto arbitrage software ever I saw.

They are working with big exchanges like Binance, Bitfinex, BitMEX, Coinbase Pro, Gemini, Huobi, Kraken, Kucoin, and others.

TradeSanta

TradeSanta supports 8 cryptocurrency exchanges. It is a cloud cryptocurrency trading software that lets you take advantage of crypto market fluctuations. Connect TradeSanta to your exchange and trade 24/7 without making it a full-time job.

You can use either their free trial version or can upgrade for $14 to $30 each month. You can also use their mobile app which is available for Android and iOS.

Frequently Asked Questions

Is Bitsgap bot profitable?

For many it is profitable but not for everyone, it depends on what level of experience you do have.

How do you take profit on Bitsgap?

I was a user of them because of their Arbitrage bot and made some profit but as they removed this feature I am out of them.

How much is Bitsgap a month?

$29 per month.

What is the trading fee on Bitsgap?

Bitsgap doesn’t charge any fee for trading. Fees are charged only by exchanges.

What is the best exchange for Bitsgap?

Binance and Kucoin are two active and best exchanges for bitsgap bots.

Does Bitsgap have an app?

No.

Does Bitsgap connect to CoinBase?

Yes, you can connect your Coinbase account with Bitsgap within 5 steps.

Does Bitsgap have arbitrage?

As of now, they removed this feature from their list. They removed many features and kept the platform limited.

0 comment
Trading

5 Best Crypto Copy Trading Apps and Software In 2024

by cryptocreed
written by cryptocreed

Want to make money from your crypto? Then it would be best if you tried crypto copy trading once for sure.

Copy trading is not hard even for beginners when you have some knowledge of crypto arbitrage trading or simple trading, still, it contains more risk than any other trading method.

Copy trading follows top traders from the crypto industry, so you are undoubtedly going to follow experts from the trading field.

Finding crypto copy trading software and applications is not hard now, there are lots of apps and software available but choosing the best from them is a bit hard hence we picked the 5 best and most highly used crypto copy trading apps.

What Is Crypto Copy Trading Bot?

Copy Trading is a type of trading where you copy someone else’s trading strategy and trade your own value of coins. This method works for those newbies who have fewer funds and putting their leg into crypto trading for the first time.

It’s all about putting your trust in someone and believing that he will make a profit so you can too. You expect that experienced traders will surely generate more profit than making losses.

Crypto Copy Trading software of apps automatically or manually buys and sells crypto-assets according to your chosen strategy or trader.

5 Best Crypto Copy Trading Apps

Here is the list of the 5 best cryptocurrency copy trading apps or bots that traders most widely uses to perform all type of automated crypto trades.

3Commas

3Commas is one of the best crypto-bot trading platforms that allows you to copy the strategies of other traders. It supports the top 18 major crypto exchanges. Their features like Rebalancer, Smart Cover, Options Bots, Signals, and Paper Trading are known.

They have more than 220K registered users since its launch in 2017. Their partnership with major platforms and exchanges shows how legitimate they are.

By using 3Commas you are not holding any amount in their platform, instead of that, your coins are safely stored in exchanges. 3Commas Bots can be used to trade but can’t withdraw your funds.

They have 4 different plans including the free one. The starter plan is 29 USD per month ($14.5/month with annual plan), the Advanced plan is $49 per month and $24.5 per month with annual payment, Pro plan will cost you $99 per month and$49.5 per month annual payment.

Gate.io

Gate.IO is a well-known cryptocurrency exchange that offers copy trading features. You can check the result of past trades of traders and can choose one according to it. As I saw one of the traders made $124 from his $100 within 16 hours.

You can find information like strategy type, market pair, running time, ROI, total trades, number of copies, etc. To start you need to register on Gate.io and pass KYC.

You can deposit any amount of crypto or can purchase crypto on GATE.

Pionex

If you are a newbie then you may find Pionex a bit confusing, it is a cryptocurrency exchange built for traders. It has in-built bots that allow users to trade using a different strategy.

Pionex doesn’t offer copy trading but their already-built bot allows you to start trading with different strategies within a few clicks.

It also offers $1288 in trial funds to new users. If you register using this link then you will get $1288 trial funds.

To know more visit the article on Pionex Review.

CoinMatics

Coinmatics supports four major crypto exchanges Binance, ByBit, OkEx, and FTX. You can do spot, perpetual futures, tokens, and stock trading as supported by the exchange.

As of now, there are more than 90 strategies on CoinMatics you can choose from. You can also list your own strategy. Some strategies are paid which means you have to pay them a small fee like $5 or $20 per month.

Newbies should join them at least once.

Cryptohopper

Cryptohopper was founded in 2017 by two Dutch brothers Ruud and Pim Feltkamp with the aim of providing a simple and easy way to trade crypto 24/7.

Now it has more than 530K registered users who love the platform. It is one of the top crypto trading bots that offers copy trading, you can copy other traders’ strategies and make a profit like urging traders do.

It allows you to do paper trading which means trading with fake money for testing or learning. This is the best way to know how do crypto trading works on Cryptohopper.

They do have 4 different plans including a free plan. The lowest plan you can purchase for $19.00 per month and the highest plan comes for $99.00 per month.

0 comment
AirdropsBountyCryptocurrencyFree Money

Coinbase Learn & Earn Quiz Answers: All Coins Answers Till December 2024

by cryptocreed
written by cryptocreed

Obviously, you are here to get Coinbase Earn Quiz answers. Coinbase is one of the trusted exchanges but it also gives free cryptocurrencies to their users for learning.

Yes, it pays to increase your crypto knowledge. It comes with new coins frequently which allows you to earn different coins within a minute.

Not everyone here wants to read or watch videos related to those coins hence you are here for answers.

You may know what is Coinbase Earn, definitely, you know that’s why you are here.

As of now, you can easily earn around $19 in different coins by just answering some simple questions. It doesn’t matter if it is hard too as you have answers now.

Join Coinbase

 

Without wasting time let’s check out the answers.

The Graph Coinbase Quiz Answers

By participating in The Graph Coinbase quiz you can earn $4.

1. What information is indexed by The Graph?

Answer: Blockchain Data

2. What do you earn for delegating GRT to an Indexer?

Answer: GRT Tokens

3. Who identifies high quality, useful data on The Graph?

Answer: Curators

4. What’s the best way to earn GRT rewards?

Answer: Delegate to a high quality Indexer

Also Read: Kucoin Arbitrage BOT

Stellar Lumens Coinbase Earn Quiz Answers

By answering this Stellar quiz you will earn $10 in XLM.

1. What is Stellar?

Answer: A decentralized protocol that unites the world’s financial infrastructure.

2. What are Stellar Lumens (XLM)?

Answer: Facilitating low-cost, universal payments.

3. Why is Stellar good for sending remittances?

Answer: Transactions are fast, inexpensive, and global.

4. Why would banks and businesses use Stellar?

Answer: To issue, exchange, and transfer tokens quickly and efficiently

5. How does Stellar’s Consensus Protocol work?

Answer: It relies on the cooperation of trusted nodes to confirm transactions.

Also Read: Kucoin Referral Code To Claim 40% Trade Discount & $50 Bonus From Us

Ampleforth Coinbase Answers

These three answers can earn you $3 easily within a few seconds.

1. What are Ampleforth’s automatic supply changes called?

Answer: Rebase

2. What two tokens give the community control over the Ampleforth protocol?

Answer: AMPL and FORTH

3. Ampleforth is a censorship resistant _____ that rebases once a day?

Answer: DeFi building block

Also Read: Binance Mining Pool Review

Compound Quiz Answers

Want to earn free cryptocurrency COMP? Answer these questions on Coinbase and get $9 in COMP.

1. What is a key benefit of using Compound?

Answer: Earning interest on your crypto

2. What do you need to do to borrow crypto with Compound?

Answer: Supply a crypto asset as collateral

3. Who gets to decide the future of the Compound Protocol?

Answer: COMP token holders

Also Read: Binance Referral Coupon Code To Claim 100% Ref back

Band Protocol Coinbase Answers

One of the highest paying Coinbase earn quiz programs, you will earn $43 in BAND tokens for answering three questions.

1. What does Band bring to blockchains?

Answer: Real-world data

2. What are Band’s decentralized data feeds called?

Answer: Oracles

3. What’s one benefit of staking your Band tokens?

Answer: Earn crypto rewards

Polygon (MATIC) Coinbase Earn Quiz Answers

Polygon Coinbase learns and earns answers that can help you to get free $3 in Polygon token.

1. What blockchain is Polygon helping to scale?

Answer: Ethereum

2. Who runs the Polygon network?

Answer: Validators

3. What is Polygon building?

Answer: Internet of blockchain on Ethereum

Coinbase SKALE Quiz Answers

1. Who can deploy a blockchain with SKALE?

Answer: Any Ethereum application

2. How can SKL holders receive rewards?

Answer: Delegate SKL to a validator

3. The SKALE network is built to support …?

Answer: An internet of blockchains

Answer the above questions on Coinbase and earn $3 in SKALE tokens.

ANKR Coinbase Quiz Answers

Want to earn free ANKR tokens? Earn free $4 in ANKR tokens by answering on Coinbase.

1. What does the ANKR platform NOT provide?

Answer: Integration with traditional banks

2. What CAN’T you do with the ANKR token?

Answer: Send wire transfers

3. What can ANKR users look forward to in the future?

Answer: Earning rewards with advanced Defi strategies

Answer the above questions on Coinbase and earn $3 in SKALE tokens.

AMP Coinbase Quiz Answers

Answer three questions and get $3 in AMP tokens on Coinbase.

1. What is AMP?

Answer: A collateral token

2. What does AMP provide

Answer: Instant settlement assurance

3. What can you earn

Answer: AMP rewards

Balancer (BAL) Quiz Answers

$3 in BAL tokens.

1. What can you do with Balancer?

Answer: Trade crypto and invest via Balancer pools

2. What are Balancer pools?

Answer: Self balancing crypto portfolios

3. What is BAL

Answer: Balancer’s governance token

BarnBridge Coinbase Earn Quiz Answers

These three answers can lead you to $3 in BOND.

1. What is BarnBridge?

Answer: A De-Fi risk management protocol

2. What is SMART Yield?

Answer: An APY risk management tool

3. What is the $BOND token?

Answer: BarnBridge’s Governance Token

Enzyme (MLN) Coinbase Quiz Answers

There are three questions for which you can earn $3.

Answer 1. Manage and automate their crypto investing

Answer 2. Invest in stocks, real estate, and commodities

Answer 3. MLN

Bounce Token Coinbase Answers

Bounce has a token and its name is AUCTION which you can earn for free on Coinbase. The reward is $3.

1. What is Bounce?

Answer: A decentralized auction protocol

2. How can you use Bounce?

Answer: Create or participate in auctions

3. Where can you use the Bounce app?

Answer: Use at  app.bounce.finance

Cartesi (CTSI) Coinbase Earn Quiz Answers

Earn $3 in Cartesi (CTSI) tokens.

Answer 1.) For developers to use mainstream software to code smart contracts
Answer 2.) Optimistic Rollups
Answer 3.) Delegating or running a node on Cartesi Explorer

Coinbase Rally Quiz Answers

Earn $3 in RLY tokens

1. What is Rally?

Answer: A decentralized network for launching social tokens

2. Which of these is not a use of RLY?

Answer: Paying Ethereum transaction fees

3. Which of the below is not how Val’s fans use Valcoin?

Answer: Buying Bitcoin

Coinbase Clover Finance Quiz Answers

Answer 1.) dApps with cross-chain compatibility
Answer 2.) Clover Finance Wallet.
Answer 3.) DeFi

Fetch.AI Coinbase Answers

Earn $3 in FET tokens directly to your Coinbase wallet.

1. What is Rally?

Answer: A decentralized network for launching social tokens

2. Which of these is not a use of RLY?

Answer: Paying Ethereum transaction fees

3. Which of the below is not how Val’s fans use Valcoin?

Answer: Buying Bitcoin

NKN Coinbase Answers

Reward: $3 in NKN Token

1. What is NKN?

Answer: Decentralized network

2. How can you use NKN token?

Answer: Pay for data transfer

3. How big is the NKN network?

Answer: 100k validators

Chiliz Coinbase Answers

Reward: $3 in NKN Token

1. Chiliz is a blockchain built for

Answer: Sports and entertainment

2. What is the main utility of the CHZ token?

Answer: Participating in Fan Token Offerings

3. Through their expansion, Chiliz plans to launch new Fan Tokens in

Answer: USA

NuCypher Coinbase Quiz Answers

Wants to earn free NU tokens? Submit these answers to the Coinbase quiz and earn $3.

1. What does NuCypher provide to users and apps?

Answer: End-to-end encryption

2. What does NuCypher use to protect your data

Answer: Independent nodes to perform tasks

3. Which of these is NOT a use of the NU token?

Answer: Paying Ethereum transaction fees

Numeraire Quiz Answers

Wants to earn free NU tokens? Submit these answers to the Coinbase quiz and earn $3.

1. Who submits predictions to Numeraire?

Answer: A global community of scientists

2. Why do data scientists stake NMR tokens?

Answer: To back up predictions and earn bitcoin

3. What do data scientists pay to obtain Numerai’s financial data?

Answer: Nothing

Numeraire Quiz Answers

Wants to earn free NU tokens? Submit these answers to the Coinbase quiz and earn $3.

1. Who submits predictions to Numeraire?

Answer: A global community of scientists

2. Why do data scientists stake NMR tokens?

Answer: To back up predictions and earn bitcoin

3. What do data scientists pay to obtain Numerai’s financial data?

Answer: Nothing

Loopring Quiz Answers

Lowest paying program on the Coinbase quiz but worth it. You can earn $1.5 in LRC tokens.

1. What is Loopring?

Answer: An Ethereum scaling protocol

2. What is not a benefit of using Loopring?

Answer: Requires a traditional bank account

3. What is LRC?

Answer: Loopring’s governance token

0 comment
Trading

10 Best Crypto Trading Bots: Automated Bots To Make Profit

by cryptocreed
written by cryptocreed

For most cryptocurrency trading seems easy, but it is not easy. It requires patience and time to perform a trade. But with crypto trading bots you can save time and make a profit.

Every type of trader does use these bots to execute trades while not having them on their devices. Crypto trading bots are profit-making machine for most who knows how to use them and at the same time, it has some cons too which we are going to learn in this article.

If someone who doesn’t want to trade using Bots can use the Arbitrage method of trading by using arbitrage bots.

Before checking the list of best crypto trading bots let’s have some common knowledge related to it.

What Is A Cryptocurrency Trading Bot?

What are the best-automated crypto trading bots?

Trading bots are platforms or software that use the API of different exchanges to connect and perform automatic trades for users.

So how do crypto trading bots work?

Suppose there is one platform that supports Kucoin exchange and you want to trade on Kucoin then you simply need to start your Bot from the platform and it will trade on Kucoin exchange on your behalf of you.

You don’t need to buy or sell manually what you have to do is choose the type of bot and trigger it. You can also create your own custom bots on most of the platforms.

What Is an Open Source Crypto Trading Bot?

Open-source crypto trading bots are those bots whose codes are available publically most probably on GitHub. Anyone can launch or edit those codes according to their needs or requirement.

Best Crypto Trading Bots

There is a number of trading bots available on the internet but only a few of them made their name on top. In this list, you will find only the best crypto trading bots depending on their name, activeness, supported bots, security, pricing, and features.

Note: If you join & purchase any plan on any of the platforms using our link then you will get a 100% referral commission back. To claim contact us at “[email protected]” with your email & user ID.

BitsGap

BitsGap is top in this list because of its price and beginner friendly.  It is a registered platform in Estonia & you can find its headquarters in Estonia.

As of now, they do support more than 20 crypto exchanges including Binance, Kucoin, Okex, FTX, Kraken, and others. Bots on Bitsgap allows you to do trading, portfolio tracking, signals, arbitrage, and scalper bot.

They have a simple step-by-step tutorial from where you can learn how to start Bots on Bitsgap.

Pricing starts from $29 per month to $149 per month. Each plan adds different features and services. You get free trial funds which you can test for a month so you can get familiar with the platform. If you like the platform then you can upgrade your account.

CryptoHopper

Cryptohopper was founded in 2017 by two Dutch brothers Ruud and Pim Feltkamp with the aim of providing a simple and easy way to trade crypto 24/7.

Now it has more than 530K registered users who loved the platform. It is one of the top crypto trading bots which offers copy trading, you can copy other traders’ strategies and can make a profit like urging traders do.

It allows you to do paper trading which means trading with fake money for testing or learning. This is the best way to know how crypto trading works on Cryptohopper.

They do have 4 different plans including a free plan. The lowest plan you can purchase for $19.00 per month and the highest plan comes for $99.00 per month.

Koinknight

KoinKnight is not a bot service provider but it is an arbitrage opportunity-providing platform. You can mix up your trading bot with Koinknight and can get benefit from it.

From Koinknight you can get instant arbitrage opportunities that you can execute using your bot without going to different exchanges.

Read KoinKnight’s review here.

3Commas (best crypto trading bot app)

3Commas was founded in 2017 and has partnered with many known platforms including Binance. Team members are publically available.

The Head office is in Estonia and also has an office in Canada. It has more than 220K registered users worldwide. Supports more than 18 exchanges including Kraken, Gate, Bitfinex, and Binance.

It has features like Trading view, Terminal, Smart Trade, DCA Bots, GRID Bot, Options Bot, Signals, and other smart tools for traders.

They have an official app that has been downloaded by more than 100K times.

If you are a newbie then you may like to try them with their free plan or you can subscribe to them for $11.60 or $19.60 per month.

CoinRule

CoinRule is just another best trading bots for crypto that were launched in 2017.  Automated trading was made easy with Coinrule because of its pricing structure.

The website claims that it uses Military-grade security for the bot or platform. It supports more than 10 exchanges like Coinbase, Bitstamp, Okex, and others.

They are trusted? Yes, they are. You can also invest in them through Seedrs where they have already raised 540K USD till now.

They have features like Portfolio, One-click trading, Telegram & Text notifications, Ultrafast execution, Up to 50 live & demo rules, Paper trading, 150 template strategies, and much more.

You can get access for free or can upgrade with their available plans. First-paid plans will cost you $29.99 per month, $59.99 per month for the Trader plan, and $499.99 for the Pro plan.

WunderBit

WunderBit is one of the best crypto trading bots. It has features like Copy-Trading, trading view,  Automated Trading, Trading Terminal, DCA Bots, GRID Bot, and more. But for now, GRID Bot is

If you register using this link then you will get the 7-day premium plan for free and a 50% discount on your first plan purchase. I would suggest trying their free premium plan first and then thinking about upgrading.

They have free bots to trade for more information they have created videos which you can find on create bot page.

ZenBot

Looking for the best free crypto trading bots? Then ZenBot is your answer.

ZenBot is an open-source free crypto trading bot for traders who want to build their bot on their own. It is a command-line cryptocurrency trading bot using Node.js and MongoDB.

It supports more than 5 exchanges including Binance, Bittrex, Gemini, Bitstamp, Poloniex, and others. As it is open-source you should check codes properly before using them.

Zenbot is a command-line cryptocurrency trading bot using Node.js and MongoDB. It features:

Zegnaly

If you are a copy trader then you will love this one.

You can trade on Zegnaly with DCA, Take Profit Limit, Stop Loss Market, Trailing Stop, Entry Order Expiration, Time Based Autoclose, and some other features.

They have their own coin which is trading on different crypto exchanges including  Pancake, MEXC, and Bitmax.

Register using the link and get $20 in ZIG after making a deposit of $100.

Trade Santa

Trade Santa is a very well-known name among traders, it is one of the best crypto trading bots for Binance. It offers a 3-day free trial on its maximum package.

Their app sucks that is why they are at the bottom of this list overall their presence makes sense for traders. It has the following features.

  • Unlimited number of bots
  • Unlimited number of pairs
  • All strategies
  • Telegram-notifications
  • Trailing Take Profit
  • TradingView signals for Binance, Coinbase Pro, Huobi and HitBTC
  • Custom TradingView signals
  • Binance Futures

Quadency

You can join Quadency for free where you get up to 20 bots, 200 backtests per day, 24/7 live chat, and access to all exchanges. You can find all major exchanges here like Kucoin, Kraken, Binance, and others.

But in case you want to increase the usage of the app or bot you can contact them to increase your account weight. As of now more than $1 billion worth of cryptocurrencies are managed and $3 billion of cryptos are traded.

There are many best trading bots for crypto and Quadency is one of them.

If you are a beginner and don’t know which bot is perfect for you then you can copy strategies where you can check which bot performed well and which doesn’t

Frequently Asked Questions (FAQ)

How does a crypto trading bot work?

Trading bots are a platform that accesses your funds and makes trades on exchanges automatically. You create an account on a trading bot website connect your exchange and choose the bot to run and that’s all. Now see the result from bot trades.

Do crypto bots actually work?

Yes, they do work and they can generate good profit for those who know how to use them.

Crypto trading bots are worth it?

In manual trading you have to transfer coins manually, finding opportunities, and in cryptocurrency trading bots you just need to connect the exchange with bots and trigger it. So yes crypto trading bots are worth it.

Are crypto trading bots profitable?

Through bots you can choose arbitrage or copy trading, it generates profit if things go well. Bots do reduce the chance of loss.

How to pay taxes on crypto trading?

Taxes depend on the location you live so it will be good to contact the local CA or who involves in this. There are crypto tax firms too which can guide you on taxes.

Crypto trading with bots is possible and you should pay Taxes.

Best crypto trading bots for beginners?

All the above bots do offer informative tutorials, guides, and video guides which are good for beginners. Free trial or demo versions can help you to become a pro from a beginner.

0 comment
AltCoinCrypto Exchange

Updated List Of Best New Cryptocurrency Exchange Launched

by cryptocreed
written by cryptocreed

In this growing cryptocurrency market, there are many new cryptocurrency exchanges that are getting launched. Since new exchanges are launching it is not easy to know which new cryptocurrency exchange launched recently and which one is legit from them.

Dex and Cex are two main types of exchange Cex are Centralized and Dex is Decentralized. Nowadays more Dex platforms are launching but not all of them are legit and some Cex is also launching but not all are trusted here as well.

Nore, we know which one is legit but we did some research and going to list the new cryptocurrency exchange here. We will try to keep updated this list as much as possible.

If you know any new exchange then you can help us to share that with others by commenting below.

Let’s check out the latest launched bitcoin exchange with its launch date and country of origin.

Benefits Of Using New Bitcoin Or Crypto Exchanges

There are different benefits of new exchanges and it depends on each exchange but the following are some main reasons why people love to use newly launched exchanges.

  • If you are a crypto arbitrage trader then you might like to use new crypto exchanges as it provides different rates than other exchanges like Binance, Kucoin, or Coinbase.
  • New exchanges can give you free bonuses like registration bonus, own coin, free trading fee, and much more.
  • You can become part of the future airdrop, you might know about Uniswap’s airdrop.

Best New Cryptocurrency Exchange

Following are the exchanges that are newly launched. Having trust is something which you should care about yourself but creating an account is worth it as it can drop you some free coins anytime.

MoonXBT – April 2021

MoonXBT claims to be registered in the Cayman Islands and has offices in different countries like Singapore, Hong Kong, Malaysia, South Korea, Japan, Vietnam. But they did not mention their address anywhere.

They have a good aim to launch of making trading simple and comfortable to everyone either it is a newbie or a pro trader.

They have their android and iOS mobile app which has been installed more than 10K times on the Play store alone.

Trading Fee: 0.05% for both maker and taker

Overall Review: 1.5 out of 5

Altcoin Swap (Looks Spam)

Altcoin Swap is nothing more than a simple swap platform but it looks spammy, using WordPress is not good at all.

They provided the following details for their addresses

ALS Limited., a company incorporated in Seychelles, Registered address in Seychelles: Global Gateway 10, Rue de la Perle, Providence, Mahé. Postal Address: Kraanspoor 52, 1033 SE, Netherlands

Also Read: Pionex Review

They are very new and their website also looks vague and the same as their logo.

Trading Fee: 2.83% for both Taker and maker

Overall Review: 0 out of 5

SpookySwap – April 2021

SpookySwap claims to be the only Automated-Market Maker Dex built on top of the Fantom opera network. They have their own token with ticker BOO and are listed on Coingecko & CoinMarketCap.

Trading on their own platform and a few other exchanges, where their total last 24H volume was around 14,136,738 USD with the current price of 24 USD.

They did partner with known platforms like Samurai and others. You can do the swap, Stake, Farm, Provide Liquidity, Bridge, and NFT

Trading Fee: 0.20 from both maker and taker

Overall Review: 3.8 out of 5

ComethSwap – January 2021

ComethSwap was launched by Cometh in January 2021. Anyone can list their ERC20 compatible pair on their open DEX. It has features like Swap, NFT marketplace, Pool, Farm, and games to play.

It has its own token which is known as MUST. The current total liquidity is around $13,722,170 and the last 24 hours volume is more than around $400K.

It is compatible with Metamask, WalletConnect, StakeDAO, and listed on Coinmarketcap & Coingecko as well.

They are also promoted or supported by big Twitter influencers.

Trading Fee: 0.50 from both maker and taker

Overall Review: 4 out of 5

BitWells (Looks Spam)

Bitwells is a digital currency financial derivatives trading platform focusing on the Bitcoin market, providing futures leveraged trading of mainstream digital currencies like Bitcoin, Ethereum, Litecoin, Ripple, etc. The company is registered in the UK and is jointly developed by Internet experts, cryptocurrency traders, and financial professionals.

They claimed to be mentioned in big media platforms but while doing research I didn’t find them anywhere.

Their app is available on the Play Store where if you read reviews then definitely you will think twice before downloading their app. It seems like spam reviews.

They are using a name similar to a known cryptocurrency exchange called BitWell

Trading Fee: 0.080 from both maker and 0.075% taker

Overall Review: 1 out of 5

MDEX

MDEX is launched in January 2021 and rocked the dex world with its back-to-back news and announcements. it is an AMM decentralized exchange protocol that follows the concept of fund pools with a dual chain model on Ethereum and Heco networks.

The smart contract is verified by Certik and Slow Mist and done partnership with major platforms. $0.001957 Withdrawal Fee is there.

Their token MDX is listed on exchanges like Binance.

Trading Fee: 0.30% from both maker and 0.30% taker

Overall Review: 5 out of 5

Other New Cryptocurrency Exchange

Wollito

Wollito exchange was launched in 2021 but was not able to attract more users. As per their website, they have HQs in Yiannis Court, Neophytos Nikolaides Street 61, Paphos, Cyprus. 8011 and House of Francis, Office 303, Ile Du Port, Mahe, Seychelles.

https://wollito.com

LetsExchange

Another new cryptocurrency exchange is registered in Seychelles. Instant cryptocurrency exchange service free of registration, limits, and complications. 250+ coins, fixed & floating rates.

https://letsexchange.io/

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