Published: July 28, 2024 at 7:04 pm
Updated on December 10, 2024 at 7:31 pm
As the cryptocurrency market continues to grow and evolve at a rapid pace, automation is key to successful trading. Crypto trading bot helps traders reduce risk and maximize profits by significantly influencing this process. Among the many tools, Cyberbot stands out on the Cryptorobotics platform.
In this review, we will analyze the best crypto trading bot in the crypto market! We’ll discuss the advantages of a trading bot based on criteria such as price, ease of use, and exchange connectivity.
Cyberbot is an automated crypto trading bot developed on the Cryptorobotics platform. It is designed to perform operations on cryptocurrency exchanges such as Binance, Bitfinex, Kraken, and others. Cyberbot’s main advantage is its ability to optimize trading by not opening orders against the main market trend, which enhances the efficiency and safety of trading operations.
Key features:
Cyberbot uses algorithms based on moving averages and RSI to determine entry and exit points for trades. The robot offers various strategies for initiating and completing trading operations, including algorithmic and personal settings such as Stop Loss and Take Profit. Let’s take a closer look at the strategies of the crypto trading bot and how it works in the crypto market.
Type of Trigger | Description | Specific Conditions |
---|---|---|
First Trigger (Entry) | Initiated when MA4 crosses both MA9 and MA20 from below. | Double-crossing of moving averages MA4, MA9, and MA20. |
Second Trigger (Entry) | Activated upon MA4 crossing MA20 or positive RSI momentum. | Crossing of MA4 with MA20 or positive RSI indicator. |
Third Trigger (Entry) | Occurs when MA4 crosses MA9 from below, RSI is stable at 50, or both MA4 and MA9 are above MA20. | MA4 crosses MA9, RSI at 50, positioning of MA4 and MA9 above MA20. |
First Trigger (Exit) | Executed when MA4 crosses MA9 from above. | Crossing of MA4 over MA9 from above. |
Personal Parameters (Exit) | Trader can set Stop Loss and Take Profit as recommended or adjust based on personal strategy. | Setting of Stop Loss and Take Profit according to the bot’s algorithm or personal adjustments. |
Second Trigger (Exit) | Activated upon reaching the target profit level. | Achievement of predefined profit targets. |
Third Trigger (Exit) | Triggered upon reaching the stop loss level. | Achievement of predefined stop loss limits. |
Pros | Cons |
---|---|
Sophisticated algorithms based on moving averages and RSI | The advanced features and settings might be overwhelming for novice traders |
Execution of trades around the clock without manual intervention | Dependency on Market Conditions |
Non-opening of positions against the market trend | |
Support for Multiple Exchanges | |
A flexible pricing model that includes a profit-sharing option |
Cyberbot crypto bot trading is offered under various pricing plans, ranging from free demo use for 14 days to paid subscriptions. A unique feature is also a profit-sharing system, where users can pay a percentage of the profit earned.
Pricing Plan | Cost | Duration | Description |
---|---|---|---|
Free | $0 | 14 days demo | Offers 14 days of demo trading with the bot, without a time limit |
Basic PRO | $19 | 1 month | Allows for demo trading and activation of the bot for real trading operations |
Expert PRO | $119 | 1 month | Enables demo trading and launching of the bot for real trading operations |
Individual Subscription | $11 | Not specified | Profit Sharing allows users not to buy a monthly subscription, but to pay only for profitable trades |
Profit Sharing | 15% of profit | Charged in the case of profitable trade | Profit Sharing allows users not to buy a monthly subscription, but to pay only for profitable trades |
Cyberbot has shown impressive results, increasing a user’s deposit by 89% over six months of trading on the BTC/USDT pair. The average monthly profitability was 12.5%.
To start working with Cyberbot, it is necessary to register on the Cryptorobotics platform, activate the selected tariff plan, generate API keys at the chosen cryptocurrency exchange, and configure the crypto trading bot according to your preferences. The platform also offers analytical tools for tracking trading results.
Cyberbot represents a powerful tool for automating cryptocurrency trading, which can significantly simplify the trading process and increase potential profits through the use of advanced algorithms and user convenience.
Cyberbot’s integration with multiple cryptocurrency exchanges ensures that users have the flexibility to operate across different trading platforms, enhancing their ability to capitalize on market opportunities. The bot’s emphasis on not trading against the market trend also serves as a risk management strategy, helping to minimize potential losses in highly volatile trading conditions. Additionally, the variety of pricing plans, including the unique profit-sharing model, provides options suitable for traders of all experience levels and investment capacities.
In the fast-paced world of cryptocurrency trading, where market conditions can change in an instant, having a tool like Cyberbot can be invaluable. It not only saves time by automating routine trading tasks but also improves decision-making with its data-driven insights. For traders looking to optimize their strategies and potentially increase their returns without the constant stress of manual monitoring, Cyberbot crypto trading bot offers a compelling solution that leverages the latest technological advancements in automated trading.
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Access the full functionality of CryptoRobotics by downloading the trading app. This app allows you to manage and adjust your best directly from your smartphone or tablet.
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