3commas Review 2023 : Pro Or Cons How To Use 3commas Crypto Bot

0
288
3commas Review 2023 : Pro Or Cons How To Use 3commas Crypto Bot

What Is 3commas

3commas is a cryptocurrency trading platform that provides automated trading and portfolio management tools. It allows users to automate their trading strategies and manage their portfolios across multiple exchanges. It offers several advanced features such as trailing stop loss, take profit and short selling.

3COMMAS REVIEW includes a variety of tools to help users make better trading decisions, such as technical indicators, trading bots, and smart trade terminal for manual trading. Additionally, 3commas has a feature that enables the users to copy the trades of the top traders and also allows to connect with a community of traders and investors.

It can be used by both novice and experienced traders, providing a user-friendly interface that allows anyone to start trading immediately. The platform is accessible via web and mobile (iOS and Android) and the company claims to support multiple languages.

3commas Review Key Points

KeyPoints
Bot Name 3commas
Founding Year 2017
Starting Price$15
Free TrialYes Available
Device SupportedAndroid and iOS
Cloud Based Yes
Customer SupportEmail, User Guide Document, & Contact Form Support
Payment OptionsVisa, Mastercard, Paypal, Bitcoin
Affiliate Program Not Available
Official Websitehttps://3commas.io/

What is Price Of 3commas?

3COMMAS REVIEW is a trading bot which is available for purchase. Prices vary depending on the version of 3commas purchased and the exchange it is being used on, but typically range from $15 to $74.

3commas Review 2023 : Pro Or Cons How To Use 3commas Crypto Bot

How To Open A 3commas Crypto Bot Account

  1. Go to the 3commas website: Visit the 3commas website and click on the “Sign Up” button.
3commas Review 2023 : Pro Or Cons How To Use 3commas Crypto Bot
  1. Create an account: Provide your email address and create a password to create your account. You may also use your google, Facebook or Apple account to sign up.
  2. Verify your email: Verify your email address by clicking on the verification link sent to your email.
  3. Connect your exchange account: Connect your exchange account to 3commas. 3commas supports multiple exchanges such as Binance, Coinbase Pro, and others.
  4. Choose a plan: Select the plan that best fits your needs. 3commas offers several plans, including a free trial and paid plans with different features.
  5. Add Funds: Add funds to your account to start trading.
  6. Configure your bot: Configure your bot by setting your trading strategy, stop loss and take profit levels, and other parameters.
  7. Start Trading: Once you have set up your bot, you can start trading. You can monitor your trades and make adjustments as needed.

How To Use 3commas Trading Bot?

Here are the general steps to use the 3COMMAS REVIEW trading bot:

  1. Log in to your 3commas account: Access your 3commas account by logging in with your email and password.
  2. Select a trading bot: Choose from a variety of pre-configured trading bots or create your own custom bot.
  3. Configure your bot: Configure your bot by setting your trading strategy, stop loss and take profit levels, and other parameters. You can also set up the bot to use different indicators, such as moving averages, RSI, and more, to help make trading decisions.
  4. Connect your exchange account: Connect your exchange account to 3commas. This will allow the bot to execute trades on your behalf.
  5. Start Trading: Once you have set up your bot, you can start trading. You can monitor your trades and make adjustments as needed.
  6. Monitoring: 3commas provides a real-time dashboard where you can monitor the progress of your bots, check the performance of different strategies, and make any necessary adjustments.
  7. SmartTrade Terminal: 3commas also offers a SmartTrade Terminal which is a manual trading terminal that allows you to execute trades and set stop-loss and take-profit orders in a single interface.

It’s worth noting that before starting using the platform you should make sure to read the terms and conditions and privacy policy of the platform and understand the risk associated with the trading and use of the platform.

Is 3commas safe?

3COMMAS REVIEW is a reputable and well-established platform that offers a variety of trading and portfolio management tools for cryptocurrency traders. However, as with any platform that involves trading and investing, there are always risks involved.

3commas uses bank-level security measures to protect user’s personal information and funds. It uses SSL encryption and 2FA authentication to ensure that user’s data is kept secure. It also keeps the majority of user’s funds in cold storage, which is not connected to the internet and thus less vulnerable to hacking attempts.

3COMMAS PRO OR CONS

PROCONS
Automated tradingRisk of Loss
Portfolio managementCost: Some of the features of 3commas are only available with paid plans
Advanced featuresDependence on bots:
Trading bots

Features Of 3commas

Automated Trading:

3commas allows users to automate their trading strategies, which can save time and reduce the risk of human error.

Portfolio Management

The platform allows users to manage their portfolios across multiple exchanges.

Advanced Order Types

3COMMAS PRO OR CONS offers a variety of advanced order types such as trailing stop loss, take profit, and short selling.

Trading Bots

The platform offers a variety of pre-configured trading bots or users can create their own custom bot.

Smart Trade Terminal

They also offers a SmartTrade Terminal which is a manual trading terminal that allows you to execute trades and set stop-loss and take-profit orders in a single interface.

Community

The platform allows users to connect with a community of traders and investors and also enables the users to copy the trades of the top traders.

Mobile App

3commas has a mobile app that allows users to access their account and trade on-the-go.

Multi-language support

3commas supports multiple languages, which makes it accessible to users all over the world.

Exchange Connectivity

3commas supports multiple exchanges such as Binance, Coinbase Pro, KuCoin, BitMEX, and others.

Real-time Dashboard

3COMMAS REVIEW provides a real-time dashboard where you can monitor the progress of your bots, check the performance of different strategies, and make any necessary adjustments.

Multi-currency support

3commas supports multiple currencies, including Bitcoin, Ethereum, Litecoin, and many other cryptocurrencies.

The Best 3commas Alternatives

3commas is a cryptocurrency trading platform that offers automated trading and portfolio management tools. Here are some alternatives to 3commas that you can consider:

CryptoTrader

CryptoTrader is a cloud-based trading bot platform that allows users to create their own automated trading strategies. It offers a variety of pre-built strategies, as well as the ability to create custom strategies using technical indicators.

3commas FAQ

Is 3commas a trading bot?

Yes, 3commas is a platform that offers a variety of automated trading bots for users to create and execute their own trading strategies.

Does 3commas offer a free trial?

Yes, 3commas offers a free trial for users to test the platform before committing to a paid plan.

Does 3commas have a mobile app?

Yes, 3commas has a mobile app that allows users to access their account and trade on-the-go.

Is 3commas safe?

3commas uses bank-level security measures to protect user’s personal information and funds. However, as with any platform that involves trading and investing, there are always risks involved. It’s important to do your own research and evaluate the risks before using any trading or investment platform.