Cryptorobotics vs. 3Commas: What is the best crypto trading platform?
Cryptorobotics and 3Commas are crypto trading platforms designed to assist traders in the cryptocurrency market by offering automated trading solutions. They cater to experienced and novice traders, providing tools that enable the automation of trading strategies based on pre-defined criteria. Below is a comparison based on several aspects including ease of use, features, and pricing.
|Trading platform with manual and algorithmic trading
|Online platform for automated and manual trading
|Ease of Use
|User-friendly trading terminal and algotrading tools
|Approachable automated trading tool
|Various types of crypto trading bots: Hold bots, DeFi bots, AI bots, Bearish Bots, Bullish bots, and Crypto trading bots for flat trends.
|Customizable trading bots Grid bots (flat trends) and DCA Bot (grow and fall markets)
|Crypto signals, copy trading, autofollowing (AI Bots), crypto trading bots, automated farming, a crypto terminal, crypto charts, paper trading, ladder smart orders (for grid trading),
|Crypto signals, crypto trading bots, a crypto terminal, smart trade,
|Two-factor authentication and Three-factor authentication, SSL encryption, API keys
|Two-factor authentication, API keys
|Supported 14 crypto exchanges: Binance, Binance US, Binance Futures Bybit, Bybit Inverse, Bybit Spot, OKX, EXMO, KuCoin, Kraken, Gate io, HTX, Bitfinex, Pancakeswap
|Supported 15 crypto exchanges: Binance, OKX, Bybit, Gate.io, KuCoin, Coinbase Pro (GDAX), Binance TR, Binance US, Bitfinex, Bitstamp, Crypto.com, Gemini, HTX, Kraken, Coinbase Advanced, Bitget
|Free to $119, profit sharing
|A free package is not available. The monthly subscription starts from €5 to €79/month. The yearly subscription starts from €4/month to €40//month. Lifetime starts from €999 to €1,499.
|Stop Loss, Take Profit, Trailing to maximize profits and minimize risk, limit losses across multiple exchanges
|Short sells, stop loss and take profit orders, trailing orders
|PC, Mobile crypto app is available for Android and mobile version supported by all devices
|Available on PC, Android, and iOS
|Available for free
|Available in paid packages
What is Cryptorobotics crypto trading platform?
Cryptorobotics is a comprehensive crypto trading platform engineered for the cryptocurrency market. It facilitates both manual and algorithmic trading, aiming to provide a unified interface for traders of different skill levels. The platform encompasses a variety of tools and features designed to streamline the trading process, enhance decision-making, and manage risks effectively.
Cryptorobotics acts as a bridge between traders and multiple cryptocurrency exchanges, allowing users to interact with different markets through a single interface. By reducing the complexity associated with managing accounts on multiple exchanges, it aims to simplify the trading experience.
The cryptocurrency trading platform is built with an emphasis on security, employing robust measures to safeguard user data and assets. It offers various pricing plans to cater to different budgetary requirements, ensuring a flexible adoption for both novice and seasoned traders.
The ethos of Cryptorobotics revolves around enhancing trading efficiency, fostering informed decision-making, and providing a user-friendly environment for crypto trading. Through its integrated approach, it strives to be a reliable companion for traders navigating the dynamic and often volatile crypto market landscape.
History of the creation of the Cryptorobotics trading platform
Cryptorobotics was co-founded by Ivan Scherbakov and Ilnur Mukhtov. They were introduced to each other by crypto blogger Anya Pleshkova, known as CryptoOptimist, in early 2017. Mukhtov, who was a trader and the ideologist of the CryptoRobotics project, had envisioned a platform that would bring the trading tools common in the stock market to the cryptocurrency sphere. The official inception of the company traces back to the autumn of 2017 when they decided to create a platform that caters to the crypto trading community by providing a convenient trading platform, robots, and an automatic tracker for traders. Their vision materialized in the creation of a CryptoRobotics crypto trading platform, which aimed to fill the infrastructure gap in the cryptocurrency industry.
The initial funds to kickstart the business amounted to $400,000, which was borrowed from investors. However, the crypto market faced a downturn in 2018, challenging the sustenance of the company. To navigate through this crisis, Scherbakov bought out Mukhtov’s share and invested his own money to keep the company afloat. At that point, the shares were distributed, with each co-founder holding 40% and investors holding 20%. After buying out Mukhtov’s share, Ivan Scherbakov redistributed the shares, retaining 50% for himself while allocating the rest among the top management and reserving a portion for potential investors.
The headquarters of Cryptorobotics is located in Tallinn, Harjumaa, Estonia. Nowadays, Ivan Sherbakov is not only the founder of Cryptorobotics but also of Gili Hope, BALI FM, and CARDEX.
The team behind the crypto trading platform comprises various advisors and managers who contribute to the platform’s development and operations. Some notable names include Alina Sattarova (Chief Operating Officer, Co-Founder), and Konstantin Denisenko (Head of Development, Co-Founder) among others.
Pros and cons of Cryptorobotics crypto trading platform
- Multi-Exchange Access: Cryptorobotics offers a unified platform where users can access multiple crypto exchanges. This is beneficial for traders who operate on several exchanges as it simplifies managing their trades.
- Advanced Trading Tools: The cryptocurrency trading platform provides advanced trading tools such as automated trading bots, crypto signals, and a user-friendly trading terminal. These tools can help traders analyze the market, execute trades, and manage their portfolios more effectively.
- Security Features: Cryptorobotics emphasizes security with features such as two-factor authentication and SSL encryption to ensure the safety of user assets and data.
- Educational Resources: For newcomers to the crypto trading field, the crypto trading platform provides educational resources to help them understand the market dynamics and how to use the platform’s tools to their advantage.
- Automated Trading: Traders can utilize automated trading bots to execute trading strategies even when they are not actively monitoring the market.
- Copy Trading and Autofollowing: Less experienced traders can benefit from copy trading and autofollowing features, allowing them to leverage the expertise of more experienced traders.
- Flexible Pricing: The crypto trading platform offers a range of pricing plans to cater to different budgetary requirements, including a free plan for those wanting to try the platform before committing financially. Besides, the platform offers profit sharing instead of purchasing PRO packages or subscriptions, traders can pay a percentage from a profitable trade
- Depending on Market Conditions: Like any other crypto trading platform, the effectiveness of trading strategies on Cryptorobotics is highly dependent on market conditions.
- Regulatory Grey Area: Operating in a regulatory grey area could pose challenges or uncertainties, especially in regions where cryptocurrency trading is heavily regulated or restricted.
What is the 3Commas crypto trading platform
3Commas is an extensive trading platform for crypto that facilitates the management of crypto assets and the implementation of various trading strategies. This platform provides integration with a multitude of cryptocurrency exchanges, allowing users to manage their portfolios and trade on different exchanges from a single interface. 3Commas aims to simplify the cryptocurrency trading process, making it more accessible for traders of various experience levels.
3Commas Creation History
3Commas was founded in 2017 in Tallinn, Estonia, by three founders: Yuriy Sorokin, Egor Razumovskii, and Mikhail Goryunov. The idea of creating the crypto trading platform arose from the desire to centralize trading and eliminate the need for constant monitoring of positions. The founders aimed to make trading more accessible and automated, which would ultimately facilitate the management of trading operations for users. Since then, the platform has significantly grown and continues to grow, counting over 220,000 registered users and remaining one of the market leaders in its sector. 3Commas provides users with the ability to create automated trading strategies, making it highly attractive for traders of all experience levels.
Pros and cons of the 3Commas trading platform
- Trading Automation: 3Commas allows users to create trading bots, facilitating 24/7 trading and potentially maximizing profits.
- Multi-Exchange Integration: The crypto trading platform integrates with over 14 crypto exchanges, enabling users to manage their portfolios and execute trades across multiple exchanges from a single interface.
- Advanced Trading Tools: 3Commas provides a variety of advanced trading tools like the Smart Trade terminal which offers an array of advanced, yet user-friendly, trading options.
- Educational Resources and Community: The cryptocurrency platform offers extensive educational resources and has an active community, which can be beneficial for both novice and experienced traders.
- Flexible Pricing Plans: 3Commas offers different pricing plans to cater to various budgetary requirements and user needs.
- Security: A high emphasis on security ensures the safety and integrity of user data and funds.
- User-Friendly Interface: The interface is designed to be user-friendly, making it relatively easy for users to navigate and execute trades.
- Dependency on Market Conditions: Similar to any other crypto platform, the efficacy of trading strategies on 3Commas is closely tied to prevailing market dynamics.
- Limited Features on Mobile App: Some features may be limited or unavailable on the mobile app compared to the desktop crypto trading platform, potentially limiting on-the-go trading capabilities.
- Regulatory Uncertainty: Operating in a regulatory grey area could pose challenges or uncertainties, especially in regions where cryptocurrency trading is heavily regulated or restricted.
- Customer Support Response Time: There may be delays in response times from customer support during high-demand periods or language barrier issues.
- The absence of a free package: 3Commas doesn’t have free packages, users have to buy a subscription or one of the PRO packages.
Cryptorobotics vs. 3Commas: Crypto trading platforms’ Features
The cryptocurrency trading market is bustling with a variety of platforms designed to cater to the diverse needs of traders. Among these crypto trading platforms, Cryptorobotics and 3Commas offer a rich suite of features aimed at simplifying the trading process, enhancing profitability, and ensuring security. Both platforms are committed to facilitating a seamless trading experience across multiple exchanges via a single interface. They provide traders with the tools necessary for trading automation, portfolio management, and effective risk management, among others.
However, despite the similarities, Cryptorobotics and 3Commas have distinct offerings that cater to different trader needs and preferences. This comparative analysis delves into the core features of both crypto platforms, providing a clearer perspective on what each brings to the table, thereby aiding traders in making an informed decision based on their specific trading needs and preferences.
Cryptorobotics vs. 3Commas: Crypto Trading Bots
|DCA (Dollar-Cost Averaging)
|Ladder Smart Order for grid strategy (GRID bot is missing)
Cryptorobotics crypto trading platform’s Features
Cryptorobotics presents a user-friendly interface paired with a plethora of features aimed at both novice and seasoned traders. The platform’s hallmark is its trading terminal which offers a unified access point to various cryptocurrency exchanges. Here are some notable features:
Crypto trading bots
Crypto trading bots on the Cryptorobotics trading platform are automated programs designed to handle trading on behalf of the users, operating on predefined algorithms and criteria. They are capable of running 24/7, ensuring that users take advantage of trading opportunities even when they are not actively monitoring the market. These bots are built to simplify trading on multiple cryptocurrency exchanges through a unified platform.
Here are some of the notable bots available on the Cryptorobotics crypto trading platform along with their capabilities:
Crypto Future: A bot designed for trading cryptocurrency futures, aiming to capitalize on market trends.
AI Alpha: Utilizes artificial intelligence to analyze market conditions and execute trades aiming for optimal profitability.
Alt+ Volatility: Created to trade on the volatility of alternative cryptocurrencies.
Terminator Volatility: Another bot focusing on volatility trading but with different algorithmic strategies compared to Alt+ Volatility.
Optimus: Known for its optimization capabilities in trading, aiming to secure profitable trades while minimizing risks.
Cyberbot: An advanced trading bot with a range of tools and features to aid in effective trading.
Trade Holder (Hold Bot): Designed to hold trades and execute them at the most opportune moments based on market conditions.
These bots interact with various cryptocurrency exchanges via API integrations, allowing seamless trading across different crypto trading platforms. Users can utilize these bots to automate their trading strategies, manage their portfolios, and maximize their profits while minimizing the manual effort required in trading. The variety of bots offered by Cryptorobotics caters to different trading strategies and risk tolerances, making it a flexible platform for traders with varying levels of expertise.
Crypto signals on the Cryptorobotics cryptocurrency platform are generated based on market analysis conducted by the platform’s analysts. These signals include recommendations on buying or selling certain cryptocurrencies at a specific price. Users can select a signal they are interested in and activate it with a single click. Once a signal is activated, the trading platform automatically executes the trade according to the signal parameters. Users can also track the status and effectiveness of each signal through a unified interface, providing transparency and control over the trading process.
Copy trading on the CryptoRobotics platform is an algorithmic trading tool designed for copying the trades of professional traders. This algotrading tool allows traders to create their trading strategies, making the trading process more efficient and profitable. Here’s how it works on the CryptoRobotics crypto trading platform. The essence of this feature is that the trader invests your funds instead of you. Transactions happen automatically, so you don’t have to do anything. All you have to do is choose an experienced trader to follow. This feature is suitable for both beginners and experienced traders. To start using copy trading on the CryptoRobotics platform, you need to register on CryptoRobotics. Note that to copy trades in each channel, you need to connect a separate account that does not have other trades or is not associated with other algorithmic trading tools.
AI crypto trading bots
On the CryptoRobotics trading platform, AI crypto bots (cryptocurrency trading bots based on artificial intelligence) utilize machine learning and artificial intelligence algorithms to automate the cryptocurrency trading process. AI crypto bots automate the trading process, executing the purchase and sale of cryptocurrency assets without direct user intervention. Bots can automatically adapt to changing market conditions, optimizing trading strategies in real-time to maximize profits or minimize losses. AI crypto bots on CryptoRobotics are capable of analyzing large volumes of market data to identify trading opportunities and predict future price movements. Some AI crypto bots can also assist in risk management, setting stop-losses and take-profits based on algorithmic models. Many AI crypto bots on the CryptoRobotics crypto platform can operate on different cryptocurrency exchanges simultaneously, offering traders more opportunities for trading. AI crypto bots can significantly simplify cryptocurrency trading, especially for beginners or busy investors, allowing them to automate trading operations and improve their trading results.
Crypto trading terminal
The CryptoRobotics crypto trading platform allows traders to use a terminal based on TradingView technology.
CryptoRobotics terminal is software designed for automating and optimizing the process of cryptocurrency trading. This crypto terminal offers various tools and features that assist traders in market analysis, placing orders directly from the chart, creating and executing trading strategies, as well as automatically executing trades based on predefined parameters. Here are some key characteristics and features of the CryptoRobotics crypto terminal:
- Technical Analysis: The crypto platform provides tools and functions for conducting market technical analysis. Traders can use various indicators and charts to determine entry and exit points for trades, as well as set stop losses and take profits to control risks and protect profits.
- Order Management: CryptoRobotics supports various order types, including limit orders, stop-limit orders, and market orders. Traders can set prices and conditions for entering and exiting positions, manage risks, and protect profits.
- Automated Trading: The crypto trading platform offers the possibility of automated trading through trading bots and algorithmic strategies. Trading robots execute trading operations automatically based on predefined rules and parameters.
- Portfolio Management: Traders can create an account and manage their portfolio of cryptocurrency assets. They can track their balance, transaction history, open positions, and trading results.
- Multi-Exchange Support: CryptoRobotics provides access to multiple cryptocurrency exchanges through APIs. This allows traders to trade on different exchanges through a single interface and have a wider selection of trading instruments.
- Notifications and Alerts: Traders can set up alerts to receive notifications about important market events, such as reaching a specific price or crossing indicators. Alerts help traders stay informed about market developments and take timely action.
- Security: Although specific security features are not mentioned, crypto terminals need to offer security features such as two-factor authentication to help protect user accounts.
- API Integration: Users can integrate their existing exchange accounts with the CryptoRobotics crypto terminal via APIs for centralized management.
- Analytics and Reporting: The cryptocurrency platform provides analytical tools and the ability to generate reports on past trading operations, allowing traders to analyze their trading, assess the effectiveness of strategies, and make informed decisions to improve their results.
In the CryptoRobotics trading terminal, risk management is a paramount feature, aiding traders in protecting their capital and optimizing profit potential through the usage of Stop Loss, Take Profit, and Trailing Stop orders. Here’s a breakdown of these features:
- Stop Loss: The Stop Loss feature is essential for minimizing potential losses. Traders can set a specific price level at which a trade will be automatically closed if the market price moves unfavorably. This feature helps to cap losses to a level that the trader is comfortable with.
- Take Profit: On the flip side, the Take Profit feature allows traders to set a specific price level at which a trade will be automatically closed to lock in profits once the market price moves favorably to hit that level. This ensures that traders do not miss out on realizing profits before the market conditions reverse.
- Trailing Stop: The Trailing Stop is a more dynamic tool that automatically adjusts the stop loss level as the market price moves favorably, while still closing the trade if the market price reverses by a predetermined amount. This way, traders can lock in profits while giving a trade more room to run during favorable market conditions.
These risk management tools on the CryptoRobotics platform are crucial for traders to control potential losses, secure profits, and effectively manage their trading strategies in a volatile cryptocurrency market. They provide a level of automation in risk management, allowing traders to stay disciplined in their trading approach and make more informed trading decisions based on pre-set risk parameters. Through these features, CryptoRobotics empowers traders to automate their risk management practices, which is essential in achieving long-term trading success.
Various types of orders
On CryptoRobotics, various types of orders can be placed, allowing traders to execute their trading strategies effectively. Here are some of the order types available on this crypto trading platform:
- Market Orders: A market order is a type of order that gets executed immediately at the current market price. It’s used when the priority is to execute the order quickly rather than getting a specific price.
- Limit Orders: A limit order allows traders to specify the price at which they want to buy or sell an asset. The order will only be executed once the market price reaches the specified limit price.
- Stop-Limit Orders: A stop-limit order combines a stop order and a limit order. It triggers a limit order to buy or sell an asset once the market price reaches a specified stop price.
- Smart Ladder Orders for Grid Strategy: This order type enables the use of smart ladder orders to implement grid strategies. Traders can set orders at different price levels for automatic entry and exit from positions, effectively managing risks.
The CryptoRobotics platform features a paper trading simulator for cryptocurrency trading. This function enables users to create a virtual portfolio and trade various cryptocurrencies as if they were using real funds. The simulator provides real-time data, charting tools, and order execution functionality specific to cryptocurrencies. This allows traders to practice, test their trading strategies, and enhance their trading skills in a risk-free and controlled environment.
Crypto converter — CryptoRobotics crypto trading platform
On the CryptoRobotics platform, there’s a crypto converter that pulls data from CoinMarketCap for conversions between cryptocurrencies and fiat currencies. Here are the details:
- Wide Range of Currencies: Thanks to the integration with CoinMarketCap, the crypto converter on the CryptoRobotics cryptocurrency platform can offer a broad range of cryptocurrencies for conversion. CoinMarketCap is one of the leading resources for tracking cryptocurrency prices and market data, listing thousands of cryptocurrencies. This means that users can convert major and less-known cryptocurrencies using the current market rates.
- Conversion to Fiat Currencies: Besides converting between different cryptocurrencies, users can also convert cryptocurrencies to major fiat currencies such as the United States Dollar (USD), Euro (EUR), British Pound (GBP), and others. This can be useful for understanding the current value of cryptocurrencies in terms of traditional currencies.
- Current Market Rates: The rate data provided by CoinMarketCap is updated in real-time, ensuring accuracy and timeliness of information when conducting conversions.
- Ease of Use: The integration with CoinMarketCap makes the conversion process on the CryptoRobotics crypto trading platform simple and convenient, allowing users to quickly and easily obtain the needed information on the value of cryptocurrencies and fiat currencies.
These features make the crypto converter on the CryptoRobotics platform a useful tool for traders and investors, helping them better understand market conditions and manage their cryptocurrency assets.
Automated Crypto Farming
Crypto Farming on CryptoRobotics is facilitated through a DeFi Bot, which is a tool designed for automated asset management in decentralized finance (DeFi). This bot is created to perform tasks like automatic entry and exit in yield farming pools, searching for the most profitable pools, and automated investing according to established algorithms.
The DeFi Bot on CryptoRobotics is designed to operate on PancakeSwap, which is one of the leading decentralized exchanges (DEX) on the Binance Smart Chain. By utilizing PancakeSwap, the DeFi Bot can automate yield farming tasks, facilitating the process of entering and exiting farming pools to maximize profitability. This integration allows users to take advantage of the various DeFi opportunities available on PancakeSwap while managing their assets in an automated, efficient manner.
Through the DeFi Bot, the CryptoRobotics crypto trading platform provides a tool that simplifies the complexity of DeFi and yield farming on PancakeSwap, making it more accessible to users regardless of their experience level in decentralized finance. They offer a product named DeRobo, described as a DeFi Yield Optimizer & Aggregator, alongside other trading bots to automate the trading process and diversify users’ portfolios.
The CryptoRobotics Marketplace is a platform feature where users can create, share, and monetize their trading strategies by converting them into trading bots. Here’s a deeper insight into how it operates and what it entails:
Creating a Trading Bot:
- If a user has a trading strategy on any system like TradingView, they can automate it on the CryptoRobotics crypto trading platform by creating a trading bot.
- This process begins in the Algotrading -> Trading Robots section of the platform where users can find the “Add strategy” button.
- Upon clicking this button, an interface for creating and customizing the robot becomes available.
- The robot settings are structured in blocks where users can set basic parameters like title, avatar, exchanges, and main coins. Additional parameters are available in other blocks for more advanced strategy settings, like limits on balance, lot amount, take profit (TP), stop loss (SL), etc.
Testing and Monetization: Once the bot is created, there’s a test period of 30 days. After this period, not only can users utilize the strategy for personal use, but they can also monetize it by selling it to other users on the marketplace.
Marketplace Moderation: To get the trading bot moderated in the marketplace, the creator needs to fill in the required settings, test the robot strategy for 30 days, and then navigate to the “My Robots tab, select the created robot, and click the “Manage” button.
Monetization and Payment:
- Users wanting to monetize their bots can set a price for them in the marketplace.
- Payments for CryptoRobotics terminal products in the marketplace are made using ROBO tokens, which can be managed through users’ private profiles on the Robots Marketplace.
Selling Robots: If users wish to sell the created robot, they can release it on the marketplace and earn it by selling this robot. The crypto trading platform provides detailed manuals on adding the strategy and making it available for sale.
Through the CryptoRobotics Marketplace, users are provided with a platform to automate, test, and monetize their trading strategies, thereby creating a community-driven ecosystem where traders can share and capitalize on their trading expertise.
Crypto course on the CryptoRobotics crypto trading platform
The CryptoRobotics trading platform offers an express course that educates individuals on fundamental cryptocurrency concepts. The course covers topics like Bitcoin, blockchain, DeFi, and NFTs, buying and selling cryptocurrencies, creating and securing a wallet, and options for passive income in the crypto sphere. This course is designed especially for beginners and provides a step-by-step guide to understanding and implementing crucial crypto knowledge, delivered in a straightforward language to ensure ease of understanding.
On the CryptoRobotics crypto trading platform, there is an express course for users. Additionally, educational materials are available in the form of a blog and a knowledge base. These resources assist users in exploring the available tools and understanding how to configure them. For a more visual and detailed study of the platform’s functionality, video tutorials are available on the official CryptoRobotics YouTube channel. These resources provide comprehensive training and support for users at every stage of their interaction with the platform.
The educational materials on the CryptoRobotics platform, including the blog, knowledge base, and video tutorials, are available in two languages: Russian and English. This bilingual availability ensures that users from different linguistic backgrounds can access the resources and get the support they need to effectively use the crypto platform.
Cryptorobotics crypto trading platform support
In addition to a wide range of educational materials on the platform, CryptoRobotics offers support to its users through various channels. The support team responds promptly and effectively resolves any issues. You can contact the support team via Discord or Jivo Chat. Also, there are Telegram channels available: Cryptorobotics_EN for English speakers and CryptoRobotics_RU for Russian speakers. For email support, you can reach out to them at [email protected].
3Commas Crypto Trading Platform Features
3Commas is a cryptocurrency trading platform known for a variety of features tailored to accommodate both novice and experienced cryptocurrency traders. Here’s a breakdown of the notable features based on various sources:
The Smart Trade feature on 3Commas stands as a cornerstone to manual trading, offering a blend of flexibility, efficiency, and advanced tools to cryptocurrency traders. Here’s an in-depth look at what Smart Trade encompasses:
- Multi-Exchange Management: Smart Trade allows you to manage trades across multiple exchange accounts from a single platform. This benefits traders with diversified portfolios spread across different exchanges.
- Risk-management: The 3Commas crypto trading platform allows its users to manage risks during crypto trading on many exchanges. With Smart Trade, traders can place Stop Loss, Trailing Stop Loss, and Move to Breakeven orders, providing a cushion against unfavorable market moves. Additionally, it offers Take Profit, multiple Take Profit Targets, and Trailing Take Profit features, which can be instrumental in optimizing the profit margins on trades.
- Spot and Futures Markets: The versatility of Smart Trade extends to both spot and futures markets, catering to a broad spectrum of traders with varying trading strategies and risk appetites.
- Intuitive Interface: The interface of Smart Trade is designed for clarity and ease of use, making it straightforward for traders to set up and manage their trades. The intuitive design is friendly for both seasoned traders and those new to the cryptocurrency trading realm.
- Real-Time Monitoring: Smart Trade allows for real-time monitoring of trades, providing traders with up-to-date information, which is crucial for making informed trading decisions.
- Customization: Traders have the flexibility to customize the settings according to their trading strategy, making Smart Trade a flexible tool for manual trading.
- Educational Resources: The 3Commas crypto trading platform also provides educational resources that teach traders how to effectively utilize the Smart Trade feature, contributing to a better understanding and utilization of this tool.
- Community Feedback: The feature has received positive feedback from the 3Commas community for its ability to simplify and optimize the manual trading process.
Smart Trade on the 3Commas cryptocurrency trading platform is not just a trading terminal but a tool aimed at empowering traders with advanced order types, real-time monitoring, and educational resources to navigate the volatile cryptocurrency market effectively.
Crypto signals on the 3Commas are trading signals that can be used to configure bots on this crypto trading platform. They function as triggers for executing trading actions, such as buying or selling cryptocurrency. Here’s how they work:
- Signals from Experienced Traders: Crypto signals are generated based on the strategies of experienced traders, and can be used to automate trading on the 3Commas platform.
- Triggers for Actions: Signals act as triggers for executing certain actions, such as buying or selling cryptocurrency.
- Usage with Bots: Signals can be applied to trading bots on 3Commas to automate the trading process. An incoming signal determines the start time of a trade, depending on the strategy and trading pair you have chosen.
- Trading Recommendations: With crypto signals, you can receive trading recommendations, which can be especially useful for newcomers to the cryptocurrency market.
3Commas Trading Terminal
The 3Commas crypto trading platform allows users to trade via a terminal. 3Commas terminal is a tool designed for cryptocurrency traders who wish to manage multiple exchange accounts and execute trades with enhanced features, all through a single interface. Here are the key aspects of the 3Commas Trading Terminal:
Unified Interface for Multiple Exchanges: The Terminal enables you to manage multiple cryptocurrency exchange accounts using one interface, thereby simplifying the trading process across different platforms.
Different types of orders: The crypto platform is equipped with advanced tools and features to enhance your trading activities. It includes a variety of order types such as:
- Conditional Market Orders: Executes a market order once a specified trigger price is reached.
- Take Profit and Stop-Loss Orders: You can set an unlimited number of these orders with trailing and timeout options.
- Conditional Limit Orders: Executes a limit order once the trigger price is reached.
- Native Orders: Allows placing an order directly on the exchange which will be executed even with sharp price slippages.
- Order Groups (OCO — One Cancels the Other): Automatically cancels the remaining orders in a group once one order is executed.
- Customization and Adaptability: The crypto trading platform makes it easy to customize the terminal to suit your specific trading needs. It is designed to be adaptive and is built with TradingView charts, offering a vast number of chart setup options and technical analysis tools.
- Trading Experience Enhancement: The Terminal provides features like keyboard hotkeys for quick and efficient trading on futures markets, especially beneficial for scalping trades. This feature helps traders never miss crucial trading moments.
- Terminal Display Control: You have the flexibility to choose how the Terminal is displayed, with the option to hide or show parts of the Terminal you are interested in using. For instance, in “Basic” mode, the exchange order book for the chosen asset is hidden, whereas, in a Futures exchange account, the “Pro” setting will display the Scalping interface.
The 3Commas is a robust and flexible tool designed to cater to both beginner and advanced traders, providing a plethora of features to enhance and simplify the crypto trading process.
Trading bots on the 3Commas trading platform are classified into two main types: Grid bots and DCA (Dollar-Cost Averaging) bots.
DCA Bots are designed for trading both long and short. In long trades, bots buy assets hoping for their subsequent growth, while in short trades, they engage in selling assets, anticipating their decline. Setting up DCA bots includes selecting a cryptocurrency pair, setting parameters for entry and exit triggers, as well as defining risk management parameters such as stop-loss and take-profit.
Grid Bots are intended for markets with a sideways trend. They create a grid of limit orders for buying and selling within a selected price range. Each time the price touches the order level, a trade occurs. Setting up Grid bots involves selecting a cryptocurrency pair, defining the price range in which the bot will operate, as well as setting the grid size and the number of levels.
To launch the bots, they need to be set up, so crypto trading platform users should familiarize themselves with the crypto market and the principle of bots’ operation.
The 3Commas Marketplace is a platform where users can find various trading signal providers offering monthly subscriptions for their signals. It’s a place where traders can subscribe to signals from experienced traders to automate their trading using 3Commas bots.
Additionally, the marketplace offers various trading bots that help automate the trading process across different cryptocurrency exchanges. These bots are designed for efficient trading based on user-set parameters, providing the ability to trade on different exchanges from a single crypto trading platform without active user involvement.
The 3Commas Marketplace provides a convenient and centralized way to access trading signals and bots, making it a useful resource for crypto traders looking to automate their trading activity and optimize their trading strategies.
Creating a bot from scratch on the 3Commas crypto trading platform
During the bot setup stage on 3Commas, the user goes to the bot creation section on the crypto trading platform, enters the parameters of their bot, and selects strategies for automatic trading. Following this is the bot launch and monitoring stage, including launching the bot on a real or demo account, as well as tracking the bot’s effectiveness and making adjustments as necessary. The final stage is optimization, where the results are analyzed and the bot’s strategy is optimized to improve performance.
This tool can be handy for traders to quickly get a sense of the real-time value of cryptocurrencies, which can aid in making trading decisions.
The Crypto Converter on 3Commas is a tool that helps users convert cryptocurrencies at current exchange rates. This can be useful for traders who want to switch between different cryptocurrencies or understand their value in fiat currencies. The converter supports various cryptocurrencies including Bitcoin, Ethereum, XRP, Terra, Dogecoin, and others, and allows users to convert them into different fiat currencies.
Cryptorobotics vs. 3Commas crypto trading app
Both cryptocurrency trading platforms, CryptoRobotics and 3Commas, offer mobile applications for their users. Let’s delve deeper into the features and functionalities of these mobile apps for a better understanding of what each platform provides.
Cryptorobotics crypto trading app
The Cryptorobotics platform provides its users with flexible and convenient access to the world of cryptocurrency trading across various devices. Whether traders use a personal computer, laptop, tablet, or mobile phone, Cryptorobotics ensures that cryptocurrency trading is always under control.
The Cryptorobotics team has developed a mobile crypto trading app for Android devices. This allows you to efficiently manage your investments and track market movements anywhere in a convenient mobile format. The Cryptorobotics mobile app offers a full range of functionality, enabling traders to make important decisions regardless of their location.
Regardless of whether you use a PC, tablet, or smartphone, CryptoRobotics offers a unified and completely identical set of features. You will be able to manage your trading strategies and track market events just as easily and conveniently as on a desktop computer. The crypto trading platform guarantees you unlimited access to tools and features, providing maximum flexibility and control over your investments.
3Commas crypto trading app
The 3Commas mobile app offers users the convenience of managing their positions with a single touch, making it suitable for use on the go or away from home. Users can download the mobile app to track strategy statistics, launch trading bots, and close orders, regardless of their location.
Described as a multifunctional platform for managing cryptocurrency portfolios, 3Commas provides the tools necessary for both beginners and professionals to enhance their assets. The crypto trading app is designed to work not only with Bitcoin but also with other cryptocurrencies.
The 3Commas app supports one-touch position management, allowing users to easily monitor strategy statistics, launch trading bots, and close orders from wherever they are. It is available for download on both the App Store and Google Play, catering to both iOS and Android users.
Regardless of the plan you choose, you gain access to a mobile application that encompasses all the features of the desktop version, enabling you to perform the same functions as on the desktop platform.
Supported Crypto Exchanges on the Cryptorobotics Trading Platform
Cryptorobotics crypto trading platform provides access to a diverse selection of 14 major cryptocurrency exchanges. This extensive network of supported exchanges empowers traders to diversify their portfolios and execute various trading strategies seamlessly. These exchanges encompass both centralized and decentralized platforms, catering to the different needs and preferences of cryptocurrency traders.
Centralized Exchanges Supported by Cryptorobotics:
- Binance: Renowned for its vast range of cryptocurrency pairs and low fees, Binance is a global leader in the crypto exchange space.
- Binance Futures: A specialized division of Binance focusing on cryptocurrency futures trading, offering traders a wide spectrum of instruments and leverage.
- Binance US: Tailored for the American market, Binance US adheres to local regulations while providing a similar array of trading pairs and tools.
- Bybit: Geared towards professional traders, Bybit offers high-leverage cryptocurrency futures trading along with a swift and reliable order execution system.
- Bybit Inverse: A dedicated section on Bybit for trading inverse futures, typically involving BTC.
- Bybit Spot: Ideal for those seeking lower-risk trading compared to futures, Bybit Spot allows users to engage in cryptocurrency spot trading.
- OKX: OKX is a cryptocurrency exchange with an extensive array of cryptocurrencies, futures, options, and other derivative financial instruments.
- EXMO: Popular among cryptocurrency users, EXMO provides various methods for deposit and withdrawal, including bank transfers and e-wallets.
- Bitfinex: Known for its high liquidity and a wide selection of cryptocurrencies and assets, Bitfinex also offers a range of advanced tools for professional trading.
- KuCoin: Recognized for its user-friendly interface, low fees, and a variety of cryptocurrencies not commonly found on other major exchanges.
- Kraken: One of the oldest cryptocurrency exchanges in the industry, offering a blend of security and a broad spectrum of financial instruments.
- Gate.io: Provides a variety of cryptocurrencies and derivative instruments, including futures and options.
- Huobi: A global-oriented Chinese cryptocurrency exchange with an extensive selection of cryptocurrencies, futures, and diverse financial products.
Decentralized Exchanges Supported by Cryptorobotics — Pancakeswap. This decentralized exchange operates on the Binance Smart Chain and provides opportunities for token swapping and liquidity farming. Its popularity has surged thanks to low transaction fees and rapid transaction processing.
This wide-reaching network of exchanges allows traders to access multiple trading pairs, diverse assets, and different market conditions. Cryptorobotics empowers users to take full advantage of the cryptocurrency market’s dynamism, from centralized exchanges with abundant trading tools to decentralized platforms offering innovative DeFi opportunities. It’s a one-stop solution for cryptocurrency traders aiming to diversify and optimize their trading strategies across multiple exchanges.
Cryptorobotics vs. 3Commas: Tariffs and Plans
Comparing the tariffs and plans between Cryptorobotics and 3Commas allows you to identify key differences and choose the optimal solution for your cryptocurrency trading needs. Discover how each platform offers its services and what opportunities are available for traders in various tariff plans. Your choice between Cryptorobotics and 3Commas can determine your experience and success in the world of cryptocurrency.
|No free package
|Availability of paid packages
|Basic PRO $19/month, Expert PRO $119/month
|Beginner: €5/month, Pro: €49/month
|Profit Sharing System
|Purchase Tools Separately
|Not specified in the provided information
Cryptorobotics Tariffs and Plans
Unlocking the potential of the Cryptorobotics trading platform is not only user-friendly but also comes with a range of flexible fee options to suit diverse trading preferences.
1. Free Package for Manual Trading
Utilizing the platform for manual trading is entirely free, making it exceptionally accessible for most traders. Traders can get started by simply connecting to the Free package on the designated page.
2. Advanced Tools for Algorithmic Trading
For those interested in advanced algorithmic trading tools, subscription plans for crypto signals or bots start at $9.90/month and go up to $149/month. This allows traders to tailor their experience based on their trading needs and preferences.
3. Profit Sharing: A Flexible Approach
Cryptorobotics introduces a unique profit-sharing system, offering users the opportunity to share a portion of their profits in exchange for utilizing cutting-edge trading bots. Particularly beneficial for those who prefer not to pay a fixed amount upfront, this approach lowers barriers for newcomers aiming to automate cryptocurrency trading on the Cryptorobotics platform.
4. Inclusion in PRO Packages
Cryptorobotics is also included in all PRO packages — Basic PRO ($19/month) and Expert PRO ($119)/month). These packages provide users with extensive capabilities, offering a range of tools for algorithmic trading enthusiasts.
3Commas: Tariffs and Plans
On the 3Commas platform, there is no free subscription option. Users have the option to purchase PRO packages, which include Beginner, Pro, and Expert plans. These packages are available for monthly or yearly subscriptions.
Payment per Month
Payment per Year
Additionally, users have the option to acquire a lifetime subscription for Pro at €999 and Expert at €1,499.
Choose the plan that aligns with your trading goals, whether you prefer a monthly commitment or a long-term investment. Each plan offers a distinct set of features to enhance your cryptocurrency trading experience on the 3Commas platform.
The choice of a trading platform plays a pivotal role in the success of cryptocurrency trading, and comparing Cryptorobotics and 3Commas will help determine the best fit based on your needs. Both platforms offer unique features, and your preferences will be shaped by specific strategies and tools that are essential for you.
Depending on your goals, experience, and preferences, the decision between Cryptorobotics and 3Commas should be made carefully, taking into account the distinctive features of each crypto trading platform. Both provide a plethora of tools for successful cryptocurrency trading, and your choice will hinge on what is prioritized in your trading experience.
READ MORE: Crypto trading bots: The ultimate guide 2023