Cryptuoso Review: Cryptocurrency Trading Bot Guide 2020
Thinking of using the Cryptuoso Bitcoin & Cryptocurrency Trading Bot? Read our Cryptuoso Review to find out Everything
Cryptuoso is a cryptocurrency trading robot which is smartly designed to help simplify the crypto trading process, and help traders of all experience levels to make the most of their trading opportunities, maximize their profits and reduce the chance of losses. Cryptuoso Platform provides automated trading robots built on carefully tested and manually selected trading algorithms.
While there are a number of cryptocurrency trading bots currently available such as 3commas, Cryptohopper but Cryptuoso actually aims to empower traders by providing an easy to use and fully featured service that allows its users to easily trade multiple cryptocurrencies while removing human frailties from their trading process.
How can I use it?
Cryptuoso Platform is available by Cryptuoso Trading Telegram Bot @cryptuoso_bot and Web app as of now. Mobile app will be available soon.
What exchanges are supported?
Cryptuoso Platform supports Bitfinex Margin, Kraken Margin and Binance Futures.
What is trading robot?
Robot is an algoritm that analyzes the current situation on the market and makes trading decisions without human participation.
What are the advantages of using a robot compared to manual trading?
- It reacts to events much faster.
- Robots actually doesn’t get tired and works 24 hours and 7 days a week.
- Robots not experiencing emotions and strictly following the algorithm.
- It is easy for robots to make a large number of transactions with different instruments.
- Robots can wait weeks and make a deal at exactly the right moment.
- Trading is conducted on tested conditions with a predictable result.
- Trading with robots is simple to use for beginners and non-professional traders.
How to choose a robot?
You can select robots by:
- exchange (Bitfinex, Kraken, Binance …)
- currency pair (BTC/USD, ETH/USDT, …)
- strategy and parameters (BR-1, CHAN-3, …)
- timeframe (8 hour, 1 day, …)
Robots have different performances and this performance can change from time to time.
How to start automated trading using robots?
- Open our Web App cryptuoso.com or telegram bot @cryptuoso_bot
- Create API Keys Pair on your exchange and add them to your account in Settings / My Exchange API Keys bot section.
- Choose one of our robots in Robots / Search Robots or Robots / Top Performance Robots sections.
- Tap the Add Robot button.
- Choose your Exchange API Key or create a new one.
- Enter desired cryptocurrency trading volume.
- You can immediately start automated trading now by confirming start with “Yes” or tap “No” and start trading with the Start Robot button later.
- You will be notified when your trading robot is started and you will receive notifications about all robot statuses and trades.
Cryptuoso Summary
Cryptuoso is an automated trading bot that trades on your behalf using trading algorithms. Once you connect a cryptuoso bot to a cryptocurrency exchange api, you can select a number of strategies that the bot will implement in order to try and make a profit.
