Overview of the Cryptorobotics: Best Crypto Trading Platform in 2021
Nowadays, Cryptorobotics is one of the best trading platforms that offers various ways to trade cryptocurrencies. The platform team has developed various solutions that allow traders to effectively manage their crypto assets, increase profits and minimize losses in case of negative market movements. Users of the platform can use manual and automated trading tools suitable for both newbies and experienced traders. Let’s take a closer look at what opportunities the Cryptorobotics trading terminal provides to traders.
As we have already mentioned above, that this platform allows traders to trade manually or use Algotrading.
Algotrading tools include:
- Trading robots
- Signal trading
- Autofollowing
- Copytrading
Trading robots
Trading bots are a system that is able to independently track the required indicators and make a decision on trading based on these indicators. Cryptorobotics trading robots are intended to automate trading strategies and sell and buy cryptocurrency 24/7 even when the trader is not in the terminal. Robots enter trades on positive price fluctuations and exit them according to the CryptoRobotics algorithm or the algorithm specified by the user settings. Bots are fully automated, the user just needs to specify a few basic parameters before launching them, and then it will start trading on the selected exchange.
There are three kinds of such crypto trading bots:
- Optimus
- Cyberbot
- Crypto Future
Signal trading
Cryptorobotics terminal allows traders to follow analysts’ signals and check their execution from a single interface.
Trading by signals fully automated that significantly simplifies the whole trading process makes it more profitable and reduces the risk of a deposit drawdown.
To start using this feature, you should:
1). Go to the CryptoRobotics terminal.
2). Click on the “Algotrading” button.
3). Select “Signals Trading”.
4). Select “All Channels”.
5). Choose one of the channels and buy a subscription.
Autofollowing makes the trading process automatic due to the robot that follows analysts’ signals. Signals are provided by the analyst, then the robot processes the signals and starts trading. Traders configure this feature once, and after that, they just have to collect statistics and get profit from trades.
In order to start using the Autofollowing tool, you need to click on the “Algotrading” button and select Atofollowing in the left menu.
If you want to connect the Autofollowing feature to your account, it is necessary to do the following actions:
- Select the channel,
- Press “Subscribe”,
- Make a payment for a subscription.
Copytrading
Copytrading involves copying all tradings that a professional trader performs. This type of investment is great for beginners who do not yet understand how the market works and have not developed their own strategy. Some more experienced traders may also prefer copy trading if they want to save time on in-depth market analysis.
- In order to copy trades of an experienced trader, you need:
- Subscribe to the channel
- You must use the same cryptocurrency for trading as the trader from whom you will copy transactions (USDT or BTC)
- Have a balance equal to or higher than the minimum balance specified in the channel
- Launch Сopytrading
What exchanges does Cryptorobotics provide its users?
СryptoRobotics platform provides users with a wide range of the most popular exchanges: Binance, Bitfinex, Bittrex, Huobi, Okex, Kraken, HitBTC, Exmo, Livecoin, Poloniex, Gate.io, Cex.io. The user can connect an unlimited number of accounts to each exchange and automate their trading.
In order to start trading, the user needs to connect the API key of one or more exchanges from the list that is provided on the platform. After integration, it becomes possible to place various types of orders such as limit, stop-limit orders, and smart orders and track their execution.
Managing orders from the chart allows you to very quickly open, modify and close positions, as well as manage pending orders.
The terminal implements the functionality of smart orders, which makes it possible to simultaneously place an order to buy or sell along with Stop Loss, Take Profit, Trailing stop.
These functions help traders automate and increase the profitability of each trade, as well as protect them from losses in case of negative market movements.
Conclusion
The Cryptorobotics platform provides various solutions for cryptocurrency trading and helps reduce risks and protect and increase the trader’s profit. This platform has various functionality, which helps each trader find the right strategy for cryptocurrency trading quickly. Therefore, even if you are new to cryptocurrency trading, you can register on the platform and start trading by choosing the functions that are presented on the platform. Moreover, the Cryptorobotics trading terminal website has several modes: Demo, Test, and Work Modes. Thus, you have the opportunity to use Demo and Test modes to view the platform and see all its functionality before you go to Work Mode.
