Coinmonks
Published in

Coinmonks

Coinmatics review

Coinmatics review — A simple crypto copy trading app for everyone

Summary

  • Coinmatics is a crypto copy trading and analytical platform.
  • Currently, only Binance exchange is available for copy trading. But Bitfinex, Bitstamp, Poloniex, Bittrex, HitBTC, Exmo are already included in the other services — portfolio, crypto arbitrage, analytics, etc.
  • The platform is excellent to use for both beginners and professionals.
  • The service is now in BETA version so that you can try it for free.

Pros and Cons

Pros:

  • Coinmatics provides not only copy trading service but some analytical tools for professional traders.
  • It is a BETA version, and you can try it for free to check whether it suits your needs.
  • Technical support is efficient and works fast.
  • There are more than 30 strategies available for copy trading, and the number is continuously growing. For instance, one of them is the Binance Signals strategy, with an average profit of 46.48% and a total profit of 101.41%.

Cons:

  • The main disadvantage is the lack of Futures and Margin Trading (however, this functionality is in development and will be available in the nearest future).
  • There are not many reviews from the users on the Internet.
  • There is a minimum deposit to start copy trading — $50 that you have to transfer to your exchange balance.

Features

Copy Trading

Ticker Alerts

Crypto Arbitrage

Analytics

How it Works

Scenario №1: You’re an investor/ copy trader

  1. Create your account at Coinmatics.
  2. Connect your Binance exchange account by adding an API key.
  3. Choose the best strategy to follow: click “Start copying strategy”.
  4. Track your gains in Portfolio.

Scenario №2: You’re a professional trader

  1. Create your account at Coinmatics.
  2. Connect your Binance exchange account by adding an API key.
  3. Register as a trader and set commission for copying your deals as well as a Telegram signals fee.
  4. Keep trading and get additional profit.

Performance and Security

Pricing

Conclusions

Coinmatics review

  1. 3commas is an online platform for people interested in trading cryptocurrencies using automated bots. It is especially attractive for people without a technical background in finance or extensive experience in stock markets. Also, read our 3Commas review.
  2. Bitsgap, a one-stop crypto trading platform that caters for all your trading needs. It allows its users to bring all their crypto-exchange accounts under the same roof and trade from an integrated interface. Also, read our Bitsgap review.
  3. Quadency, a crypto trading automation platform launched in 2018. It brings you a smarter way to trade and manage your crypto. Also, read our Quadency review.

Also, Read

--

--

Coinmonks (http://coinmonks.io/) is a non-profit Crypto Educational Publication. Follow us on Twitter @coinmonks and Our other project —  https://coincodecap.com, Email  — gaurav@coincodecap.com

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store