Trading Digital Currencies with Bot

Crypto Robot 365 is software that acts as a trading bot. Because it is a web-based application, no download is required. However, registration is required to use the bot. It should be noted, however, that Crypto Bot 365 is not a trading platform, but only works with a broker. A number of crypto currencies are available for trading, including Bitcoin, Ethereum, Litecoin, Monero and Ripple. In our test, we want to find out whether Crypto Robot 365 is capable of fraud, or whether the vendor is serious.

Overview of facts:

On his website in particular, numerous users have their say, telling us exuberantly about their successes. Outside of the website, however, one hears and reads about less flattering experiences, which even range up to allegations of fraud. At first glance, it is not easy to determine how serious the provider really is. Nevertheless, our test should also get to the bottom of this crucial question.

In order to gain initial experience with Crypto Robot 365, a prospective customer must register. However, this registration does not cause much trouble, as it can be completed on the website with just a few clicks. Furthermore, the registration is free of charge, so there is no risk.

Crypto Robot 365 is a trading robot that trades automatically, opening up new opportunities for customers in connection with crypto trading. According to our Crypto Robot 365 experience, the digital currencies Bitcoin, Ethereum, Litecoin, Monero and Ripple are available. But how does such a robot work? It registers and analyzes the course and volatility of the price of the respective crypto currency, from which it generates trading signals using special algorithms. Customers have the option of activating automatic detection using the Auto-Trade function, which gives them the appropriate signals.

Crypto Robot 365 Website

The five crypto currencies already mentioned can be traded, whereby no fees are incurred as the trading robot is free of charge. However, customers must choose a broker that works with Crypto Robot 365. In addition, a minimum deposit of EUR 200 is required. Customers who use the automatic function do not have to do much anymore, as the crypto currencies are traded automatically.

In our test, we also placed great emphasis on the user-friendliness of the provider, where trading can generally be considered user-friendly. Our positive impression is based above all on the clear and simple structure of the website, so that new customers will also find it easy to find their way around. At the top of the page, investors can select their digital currency. This is also where they can log in or register for the first time. The clarity is therefore a clear advantage of this provider. However, customers who are looking for more detailed information will soon be disappointed. For example, our Crypto Robot 365 test did not include an FAQ area. In addition, the entire website is written in English, so that customers who do not have a good knowledge of this language are faced with a problem. Also irritating was the lack of an imprint, which is very untypical for a reputable provider and therefore leaves room for speculation. We do not, however, want to jump to conclusions here.

Account: Opening and extras

Our test has shown that strictly speaking this bot is not an independent trading platform, as the users of the software are forwarded to a broker. But since the trading robot is web-based, there is at least no need for a download that would further fill the storage space. If you want to open an account, you don’t have to worry about a lengthy registration process, as registration takes just a few clicks. On the website you will find the appropriate form, which only needs to be filled out. After that, however, the account must be capitalised so that the customer can start trading. When capitalising, it should be borne in mind that a minimum deposit of 200 euros is specified. Once this payment has been received, automatic trading can begin.

Free Crypto Robot 365 Account

However, before customers gain their first experience with the provider, it is advisable to individualise some of the settings, as this makes it easier to monitor the trading process, which ultimately pays off. For example, you can set how long a trade should be held, with periods from 30 seconds to five minutes. The risk strategy can also be adjusted. Here, customers can choose between three levels:

  • classic
  • marginal
  • Fibonacci

With the classic strategy, the same amount is always used for each trade. However, if a client chooses the marginal strategy, the bot doubles the bet after a lost trade, so that losses are compensated more quickly. At the “Fibonacci” level, however, the procedure is exactly the opposite: if a trade is won, the bet doubles, while it is halved after a lost trade.

It is also possible to define the indicators that are also important for the trade. The purpose of the indicators is to make the automatic trading decisions. There are five indicators to choose from:

  • CCI
  • MACD
  • RSI
  • STORK
  • trend

For the first experiences with the trading robot, the trend indicator represents a good possibility, whereby of course several indicators can also be selected. However, it should be borne in mind that a higher number of indicators also gives more signals and therefore more trades are executed. Here, however, clients can select the maximum number of parallel trades, which reduces the risk.

Opening an account: just a few steps

Only a few clicks are required to log in to Crypto Robot 365. At the top of the website there is a button labeled “Register”. If you click on it, you will be taken directly to the registration form. Although the website itself is only available in English, the registration form is in German.

Now the description of the registration follows step by step.

Step 1: Call up the website and click on the “Register” button so that the German-language registration form opens.

Step 2: Now the new customer fills out the registration form, for which the first name, the name, a valid e-mail address, a password that is as secure as possible and a telephone number must be entered. Then click on the “Login” button to complete the first part of the registration process.

Step 3: Now the new customer receives an e-mail, the receipt of which must be confirmed. The customer will then be able to log in for the first time and soon gain initial Crypto Robot 365 experience. In addition, some additional personal data, such as the address, must now be provided.

Step 4: Last but not least, the account must be sufficiently capitalized to be able to start trading, as the robot cannot work without this capitalization. To deposit the required amount, customers have several options to choose from, with a transfer usually taking one to two days. A minimum deposit of 200 Euros is required for the first capitalisation of the account.

Crypto Robot 365 Login

Can the settings be adjusted individually?

Yes, customers have the opportunity to customize settings, which is highly recommended as it allows better risk assessment and control. For example, you can choose the trading time and the risk strategy, for which different options are offered. It is also possible to define indicators on the basis of which trading decisions are to be made.

Can mobile trading also be used?

Basically yes. Although no app is offered, mobile trading is still possible by accessing the website via the mobile device’s browser. This even has the advantage that no download is required.

What are the costs?

The software itself is free, which is because Crypto Code 365 cooperates with a broker from whom the provider receives commissions to cover the costs incurred. What is advantageous about this system for customers is the fact that you can easily get an overview of the costs incurred.

Which digital currencies can be traded on Crypto Robot 365?

According to our experience with Crypto Robot 365, investors have a total of five different crypto currencies available for trading. These are Bitcoin, Ethereum, Litecoin, Monero and Ripple. However, no other trading instruments are offered.

Seriousness and customer service

When trading, the most diverse questions and problems arise again and again, so a dedicated customer service is of great importance. Crypto Robot 365 also offers such a service, which can be reached by e-mail, for example. Alternatively, a live message can be sent to resolve urgent issues quickly. Since these messages are answered by a robot, some customers prefer to choose live chat in order to address the question to a human being. However, this live chat is mainly available in English, so customers who do not have a good command of English should not use this option. Unfortunately, there is no telephone hotline that many users would prefer. All in all, this shows that customer service is quite diverse. In our evaluation, however, he loses points because he can usually only be contacted in English.

In connection with trading bots, seriousness is also often questioned. Is Crypto Robot 365 serious? This question is not easy to answer. The automated system alone is certainly no proof that Crypto Robot 365 fraud is possible. What, on the other hand, gives rise to much greater doubts as to seriousness is the lack of important information. For example, the lack of an imprint in many cases points to dubious providers. However, since this is not proof of fraud either, each customer must ultimately decide for himself how much trust he wants to place in this provider.

Crypto Robot 365 crypto currencies offer

For most investors, security is a crucial criterion when choosing a provider. Therefore, it is also important to check the information provided by the provider for validity and credibility. In this respect, Crypto Robot 365 does not perform very well and some traders become skeptical. Among the questionable statements, for example, is the fact that more than 90% of customers achieve long-term success with this software. In addition, the current successes of alleged customers are continuously displayed on the site. Of course it is quite possible that all this is true, but such a presentation of a site is rather typical for dubious providers, so that a critical questioning of the seriousness of the provider does not seem unjustified.

Even software can never guarantee absolutely secure trading success. From this point of view, success rates of over 90% do not seem particularly realistic, which is why a detailed explanation by the provider of how these successes become possible would be desirable. Although such software can make promising decisions by spreading the risk and optimally adjusting the signals, it seems questionable if this is advertised as an almost certain profit, so that from our point of view this procedure does not cast the best light on the provider.

Investors should also keep in mind that Crypto Robot 365 is software that automatically determines the customer’s profits or losses. On the one hand, there is little effort and time saving, but on the other hand, investors are at the mercy of the software’s decisions.

Crypto Robot 365: Alternatives

Many investors are sceptical about these problems and do not want to register with Crypto Robot 365, which is why we would like to discuss some interesting alternatives. We don’t want to deny that automatic trading supports traders and brings further benefits, but it also has risks. Those who want to avoid these risks and still not do without the support should perhaps take a closer look at social trading. This is not a trading bot, but the expertise of experienced traders and the knowledge of the investor community. Investors willing to learn can follow experienced investors and even copy their portfolio. Thus, there are certain parallels to trading robots.

This so-called copy trading is offered by several platforms, of which eToro is the best known. Traders can follow an experienced signaler who reflects their personal preferences particularly well. Customers also have the choice of copying only a small part of the signal generator’s strategies or even his entire portfolio. This self-determination also makes the biggest difference to the automatically trading bots, which makes it easier for many investors to decide in favour of social trading.