Hello, folks in this article I would like to talk about the best user-friendly crypto trading bot called 3commas. It has many cool features like smart trade, Automatic simple trading bots, 1and automatic composite trading bots. keep reading this article for more in-depth detailed 3commas review.
What is 3commas?
3commas is crypto trading bot service like crypto hopper haasonline gunbot etc. But haasonline and gunbot work locally mean you need a windows computer or windows VPS to run it online. But 3commas is cloud base trading bot service no need to run your pc 24×7 no need to buy windows vps server just buy and you are ready to explore the botting world
Which Exchanges Are Supported By 3Commas?
Currently, All major popular exchanges supported by 3commas including Binance, Bitfinex, Bitmex Bitstamp, Bittrex, Cex, Coibase Pro, Cryptopia, Hitbtc, Huobi, Kucoin, Okex, Poloniex, Yobit
What is Smart Trade in 3commas?
Smart trade is similar to normal trade you do on your favorite exchanges like binance or others. But on exchanges, your trade doesn’t have the power to use take profit and stop loss at the same time with 100% funds for a single trade. Also, 3comma have a very impressive feature called Trailing Take Profit And Stop-Loss. Which is very handy if you are a day trader or using premium telegram signals for your trades.
What are Long Short Composite Bots in 3commas?
Simple short and composite bots are automatic crypto tradings bots which you just have to run once and they will do their job continuously without human errors and emotions. Good thing is that with the latest update they released bitmex bot and trailing feature in automatic bots which is quite impressive, to be honest. not just that 3commas bot works with charts signals including trading view normal signal and custom signal. let’s break it down long short composite for better understanding
Simple Bots- Simple bots are actually long bots if you think your selected coin will go up in price just run simple bot it will earn a certain defined percentage of profit for you.
Short Bots- Short bots are like shorting if you think your selected coin will go down in price just run short bot and same things it will do for you as mentioned for long bots above.
Composite Short And Long Bots- Composite bots are same as simple and short bots but with simple and short bots you can run bot for a single coin and single pair but with composite short and long bots you can actually run multiple pairs in single bot so you don’t have run the separate bot for each coin.
What is 3commas Pricing And Fees?
Click here to check 3commas pricing and 3commas fees.
Conclusion:- As you all know these days it became very difficult to earn money with cryptocurrencies by just holding your coin as many big players with their advance bots already ruling the crypto market. This is the time to learn crypto trading bots and their features to maximize your earning and profit.