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    Home » Smart Crypto Bot Review: Pros, Cons, Recommendations
    Automated Trading Crypto Bots

    Smart Crypto Bot Review: Pros, Cons, Recommendations

    June 27, 20224 Mins Read
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    Smart Crypto Bot Review: Pros, Cons, Recommendations
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    Smart Crypto Bot offers fully automated trading and access to its entire gamut of features such as triggers, approaches, and more. As per the vendor, efficient automation enables you to earn passive income effortlessly. Significant features of the system include integrated charts, 24/7 auto bots, live monitoring of assets, and more.

    Smart Crypto Bot overview

    The crypto service uses advanced automation that ensures the accurate identification of profitable orders. Emotionless and effective trading is possible with the automated approach. The service allows you to set up your preferences. And it also provides effective strategy implementation and management of risk and portfolio management.

    Markets are invaded by algorithms
    Secure your passive income with algo-based trading systems
    Learn more

    Best For Beginner and experienced traders
    Pros Intuitive interface
    24/7 automation
    Cons Limited exchange support
    No proven track record
    Absence of security info

    Automated trading at Smart Crypto Bot: how does it work?

    According to the vendor, the platform is designed for easy use by traders of all experience levels. The installation and working process are easy. Once you have launched the bot, it monitors the market continuously, looking for opportunities that can boost your assets. The bot can handle loss management with its SL, trailing SL, and other strategies.

    Smart Crypto Bot bot features

    Some of the key features of the system are 

    • It provides a live overview of all your assets, trades, and other related details via its dashboard
    • The WebSockets feature allows you to know the profits and losses you incur
    • The bot trades automatically and can be managed from any part of the world
    • A trigger feature helps you set certain conditions, which when met will result in the order execution
    • Integrated TradingView charts are present that help in better use of the features

    Smart Crypto Bot trading strategy: algorithmic approach

    The service uses multiple inbuilt strategies, based on algorithms created by skilled traders. Trailing buy, percentage change, and choosing the coin are some of the approaches used. Bollinger Bands, RSI, and 3 x EMA crossover are some of the approaches present.

    Steps to follow to trade with Smart Crypto Bot

    The steps you need to complete to use the bot are:

    • Visit the Binance site and create an exchange account. 
    • Make a wallet and an API key to enable a quicker connection to the wallet.
    • Create an account on the Smart Crypto Bot platform
    • After you have set up an account and added funds to it, the bot will deploy, making orders for you 

    Smart Crypto Bot fees & account minimum requirements

    The platform charges a monthly fee of €10.00 per bot which is a recurring payment. Additionally, a 0.15% commission fee is charged for every trade. The vendor does not provide info on the minimum account requirements.

    Exchanges compatibility

    At present, the service supports Binance, Kucoin, and Gate.io exchanges.

    Coins supported

    More than 1200 currency pairs are supported by the service.

    Smart Crypto Bot performance

    The vendor does not provide verified proof of performance for the bot.

    How to withdraw your funds with Smart Crypto Bot?

    API keys with trade-only permission are used by the bot, so it cannot withdraw user funds. 

    Is it a costly crypto trading tool?

    When compared to the pricing packages charged by competitor systems, the pricing of this crypto bot is not high. 

    Smart Crypto Bot security and safety

    Two-factor authentication and API keys are the security measures used by the service. The vendor does not provide further details on the security methods present.

    Smart Crypto Bot regulation and legitimacy

    We could not find details about the regulation and legitimacy of the service as the vendor fails to provide the required info.

    Smart Crypto Bot team members

    Team members of the company include Frank Van Der Bor, Coen Smeekes, Bas Knobbout, Kasper Kriekaard, and Bas Visser. The service was started in the second quarter of 2019 and is based in the Netherlands.

    Is Smart Crypto Bot customer support good?

    Support options provided for users include an email address, FAQs, a blog, and an online contact form.

    User experience

    The website is well-designed with easy navigation features. Newbie traders will find it easy and convenient to use the bot, the strategies, and other features.

    Is choosing Smart Crypto Bot the right choice for you?

    The diverse range of features, ease of use, and low fee are benefits for newbie and experienced traders.

    Markets are invaded by algorithms
    Secure your passive income with algo-based trading systems
    Learn more

    Final thoughts on Smart Crypto Bot

    46%

    Smart Crypto Bot offers automated crypto bots that work 24/7. While the platform has benefits such as diverse strategies, full automation, and efficient design, there are drawbacks such as the absence of security info, lack of a verified track record, and very limited exchange support.

    • Features: 5
    • Ease of Use: 5
    • Pricing: 5
    • Reputation: 3
    • Support: 4.5
    • Commissions: 5
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