Altrady Review — Is it really useful for traders?

Published in

Coinmonks

10 min readSep 21, 2023

Anyone who is even vaguely interested in trading is looking for the greatest tools to make the process easier. The more functions a tool has, the better. Altrady is one of the most recent discoveries in our search for an all-in-one trading solution. In this Altrady review, you’ll come across various features the platform offers its users. Altrady provides a comprehensive solution for all of your pain points, whether you want to trade across different exchanges, evaluate your performance, or identify ways to improve your trading tactics.

What is Altrady?

Altrady is a multifaceted cryptocurrency trading platform designed to empower traders with a wide range of tools and resources. It facilitates portfolio management, trade execution, and informed decision-making in the dynamic and often unpredictable realm of cryptocurrency markets. Whether you’re a novice exploring the digital asset landscape or an experienced trader looking to refine your strategies, Altrady is your one-stop solution for navigating the world of cryptocurrencies.

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Altrady Features

Altrady’s features are designed to be efficient and effective, allowing you to focus on what matters most: your transactions.

Smart Trading

You can set your Take Profit orders in a variety of ways using Altrady’s smart trading features.

Set up to ten Take Profit targets, with the last target trailing to extract the greatest profit out of your investments. Stop Loss can be used in a variety of ways in Altrady.
Set the Stop Loss Cooldown and choose between Market and Limit Order. Add protection to allow the Stop Loss to move up with the price.
Set your position size automatically depending on the specified risk percentage and view your position’s Risk/Reward ratio directly in the form.
Altrady’s Risk-based size calculation may set your position size automatically depending on the specified risk percentage.
You can avoid store hunts by utilizing Stop Loss Cooldown, and by using Protection, Altrady will move your Stop Loss higher as the price goes up, reducing your risk and increasing profits.

Also Read: 15 Best Paid and FREE Crypto Trading Bots

Real-Time Price Alerts

You can easily manage your watchlists, categorize your assets, and receive fast notifications when prices break important levels with Altrady’s user-friendly platform.

Make your own watchlist categories to categorize your assets based on tactics and periods. Altrady allows you to personalize your watchlists to your own tastes, whether they be for long-term holdings, short-term trades, or markets to avoid. With Altrady’s configurable watchlist feature, you can stay organized, focused, and make better trading decisions.
With Altrady’s advanced capabilities, you may easily organize your watchlists. Add a signal market to numerous lists and name them for easy recognition. Stay organized and on top of your trading journey.
You must maintain track of your entry and exit prices if you are a day trader. Utilize alerts to have the system monitor the charts while you search for new entries.This significantly improves your capacity to trade in multiple markets.

Real-Time Positions with PnL

With Altrady, you always know where you are in terms of profit and loss, no matter how many trades you make.

Altrady automatically calculates your previous trades, including exchange expenses.
You don’t need an excel sheet to track the progress of your deals using Altrady. The platform will process your trades on the exchange automatically and calculate the PNL in real time. There will be no more copy-paste errors, which will save you a lot of time!
The built-in break-even calculation makes it extremely simple to determine at what price you may safely exit the position in profit.
Further, the break-even price is also shown on the chart to provide you with visual feedback on how your trades are performing.

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Crypto Base Scanner

You may trade with confidence knowing that you’re employing a tried-and-true strategy to uncover profitable trading chances when you use Base Scanner.

The scanner notifies you when the price falls below the base, allowing you to capitalize on support regions and execute winning trades.
The base scanner feature is intended to assist you in making profitable transactions. You may easily take advantage of support areas and uncover profitable trading chances with this function.
It continuously analyzes all crypto markets on supported exchanges, allowing you to remain ahead of the game and spot profitable deals as they emerge.
Besides, the feature is based on the QFL (QuickFingersLuc) technique, a tried-and-true trading method that has helped many traders succeed.

Quick Scanner

Tired of manually scouring the market for trading opportunities? You’re covered by Altrady’s Quick Scanner feature!

The Quick Scanner function allows you to create your own scanning rules, giving you more options for finding markets that suit your trading style.
You can specify parameters such as percentage decline and rise, timeframe, exchanges, markets, volume filter, and more.
This feature operates on various timescales, including 5, 10, 15, and 30 minutes.
Also, you can specify your preferred timeframe and receive alerts for prospective transactions that meet your criteria.
To assist you locate the most lucrative deals, you can filter by exchange, market, and volume, among other characteristics.
Further, you can save your preferred scanner configurations as presets, allowing you to quickly and conveniently switch between different scanning criteria and settings without having to re-enter them each time.

Grid Bot Trading

You can use the Grid Bot to trade markets that move sideways in a predictable pattern.

Grid bot will purchase cheaper and sell higher, profiting every time a buy and sell pair is established. It’s a basic and effective bot for getting started with cryptocurrency trading.
You can choose your higher and lower pricing limits, as well as how much you want to invest and how many orders you want.Then you press the start button.
Specifying an upper and lower price is not always enough to follow price action. Trailing up and down can be readily enabled, and the grid will automatically follow the price up or down.
To halt the grid bot when it moves out of boundaries, you can define the Take Profit and halt-Loss prices. This will cancel your grid bot and perform the specified action: close orders, convert to base currency, or convert to quote currency.

Also read: Top 10 Altrady Alternatives & Competitors

Paper Trading

Paper trading allows you to imitate the trading experience by utilizing imaginary currencies.
As a result, paper trading allows you to test different tactics, experiment with new ideas, and gain valuable experience without putting your own money at risk.

Further, you can use a live account to obtain real-time market data and place orders. You’ll be able to observe how your trades would have fared in real time and make changes to your strategies.

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Crypto Trade Journal

Journaling is useful in regular life, but it is also important to keep track of your thoughts when trading. You can leave multiple notes for each market. This will allow you to keep track of your thoughts and prevent repeating the same mistakes. Besides, examine previous screenshots to determine if your predictions were correct. Also, the screenshots and notes will help you stick to the plan and lessen your emotions.

Trading Analytics

To determine whether your portfolio growth is generated by trading or holding, you must first establish your trade base profit and loss.

It is also critical to learn which marketplaces operate well for you and which do not. You can always use Altrady to see which exchange, market, or currency works best for you.

Because every market is different, you can figure out what market movement/performance works best for your trading strategy. Further, the PNL is computed each time an order is executed. Giving you real-time feedback on your trade-based progress.

There is no need to manually enter your trades into an excel spreadsheet, which is prone to copy-paste errors.

Altrady Pricing

Altrady offers 3 levels of accounts for managing crypto assets. The account type that you choose will influence the features you’ll gain access to:

Is Altrady safe?

Yes, Altrady is safe to use. It prioritizes security, and the platform employs a variety of safeguards to secure users’ assets and personal information.

To begin with, Altrady employs SSL encryption to safeguard all user data and communication between the platform and its users. This protects all important information, such as login credentials and trading data, from prying eyes.

In addition, Altrady adds an extra degree of security to user accounts by utilizing two-factor authentication (2FA). In addition to their login credentials, 2FA requires users to submit a secondary form of verification, such as a code generated by a mobile app or transmitted by SMS.

Further, it employs a robust security framework to monitor and detect suspicious activities on the platform. The platform’s security team is always watching for potential threats, and any unusual activity is investigated quickly.

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Altrady App

Altrady’s mobile platform replicates its desktop features, giving you a centralized location to trade, track your crypto holdings, and manage your investments. The following are some of our favorite mobile app features:

24/7 crypto alerts: You can configure, and control notifications based on price, movement, and other parameters using Altrady’s mobile app. This can be a useful tool for investors who want to trade only under certain conditions and do not want to spend all day watching the market.
Active portfolio tracking: The Altrady mobile app, like the company’s main offering, is regularly updated. You’ll be able to see price movements and token statistics in real time, allowing you to keep track of your holdings even while you’re not connected to your desktop platform.
Cross-platform integration: If you ever need to change your account information while traveling, Altrady’s mobile platform will come in handy. Each Altrady app offers users easy connectivity and syncing with the company’s central platform.

The Altrady app is free to download for both iOS and Android users.

Altrady Customer Support

Altrady crypto trading platform provides two means for contacting its support team.

By email: To contact Altrady via email, send an email to support@altrady.com.

To contact Altrady’s team via live chat, go to the official website and click on the blue speech bubble in the bottom right corner of the home page. You can also receive chat assistance directly from your trading app by opening your preferred Altrady platform and clicking on the “Need support?” icon on the left side of your screen.

Altrady does not currently provide phone customer service. This is something we’d want to see the platform provider add in the future.

Conclusion

Altrady may be suitable for you if you’ve ever wanted to trade various cryptocurrencies that you couldn’t find on any one brokerage platform. The platform provider provides you with a centralized interface to some of the world’s top exchanges and hundreds of cryptocurrency projects, as well as professional-level research and screener tools.

While the site can be intimidating for new investors, individuals who have previously traded on a simple exchange will appreciate Altrady’s variety of personalisation and customisation capabilities.

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Frequently Asked Questions

Can US traders use Altrady?

Yes, this is a global terminal, and all traders are welcome to use the platform.

How do I access the Altrady Crypto Trading Platform?

To gain access to the Altrady Crypto Trading Platform, you must first register on the Altrady website. After registering, you can use API keys to connect your exchange accounts to the site. Altrady may now access your trading data for analysis and execution.

Can I use the Altrady Crypto Trading Platform on multiple exchanges?

Yes, the Altrady platform supports integration with multiple cryptocurrency exchanges. This allows you to manage and trade across different exchanges from a single unified interface.

Can I access the Altrady Crypto Trading Platform on mobile devices?

Yes, Altrady offers a mobile app that allows you to access the platform’s features on the go. The mobile app is available for both Android and iOS devices.

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