As the cryptocurrency world continues to blossom, programs such as crypto Robots are evolving just as much. Many new players are joining the market, and with that, the development of these computer programmes is inevitable. Nevertheless, some people out there are going to great lengths to take advantage of the growing industry. Therefore, whether you are a rookie or a pro in crypto, you must be mindful of scams when choosing a crypto trading bot. Hence this article will be reviewing one speculated crypto bot; the Crypto Robot 365.
What is a trading robot?
are defined as computer programs that identify trends with the use of different indicators
and execute trades automatically. Though trading bots were initially present in the foreign exchange trading
world, they have gradually started to make an appearance in the crypto market.
I figured it only makes sense to define what a trading robot is first to be able to recognise red flags that don’t match the description.
And now that we have done that let’s move on to the review.
What is crypto robot 365?
Crypto robot 365 is currently advertised as a trading software that is supposed to automatically trade Bitcoin
, Ripple, Ethereum, Monero and Litecoin. It is said to be able to detect the massive volatility that exists in the cryptocurrency market and trade them to make a profit. Crypto Robot 365 also claims to be certified by two of the top authorities in financial news and info; Invezz and Snipethe Trade.
Some main features that Crypto Robot 365 offers include
The software is absolutely free, you will not be charged any fee for using it. However, you do require a minimum of $250 to start trading.
It is customisable; therefore you can personalise your own strategy at no cost.
The software also claims to have the ability to generate up to 90% successful trades.
It's trading interface is intuitive but easy to use for all level clients.
This crypto bot deals with FCA regulated brokers, and you have the freedom to choose any broker you want.
It is available to traders all over the world regardless of their location.
Crypto Robot 365 can operate on complete auto trading mode.
Finally, if any issues are incurred, they have 24/7 customer support available.
So far this all sounds pretty good no red flags just yet, if there were any at all we would have seen that already. If they were offering things that were completely not possible, or if there wasn’t enough information about the company and what they offer then we would be scratching our heads just a little bit. I do believe on their site they acknowledge that other people may have doubts and so they have an option at the bottom “wait how do I trust you “which you can read before you embark on any business with them. Now, why would they put themselves in the hot seat if they couldn’t take it? But then again it could be reverse psychology!
Let’s continue and look at some advantages and disadvantages of using Crypto Robot 365 before we conclude.
Crypto Robot 365 advantages
Crypto Robot 365 has the ability to trade a variety of cryptocurrencies at the same time, which is very beneficial. It does not matter which cryptocurrency has the best opportunities at a given time, the bot is monitoring all of them, and therefore the possibilities are endless.
Talking about possibilities; this crypto robot believes in producing realistic results; therefore it does not guarantee or promise to make you a millionaire from a $250 deposit. However, you have a chance to make a profit of $465 from that initial deposit alone.
This crypto bot makes use of accurate algorithms to make sure that the right trading moves are made and returns are as high and substantial as possible.
Also, satisfied users can invite their friends to use Crypto Robot 365 and earn money with their affiliate programme.
Crypto Robot 365 Disadvantages
The trading system has manual risk management. Therefore traders must manually put in the risk parameters; which can be very difficult for those who are not too familiar with how it works.
Internet connectivity is very crucial with this trading bot because every activity depends on it. So depending on the trader’s location as well, it may be hard to make sure that there are no disturbances in the network which may interrupt trades.
Conclusion – is Crypto Robot 365 a SCAM?
After looking at all the facts, in my opinion, Crypto Robot 365 is NOT a scam. I am not saying that it is perfect because it’s not. The fact remains that there are some fake reviews out there that try to throw you off some good software, but then there are some genuine ones too, it’s up to you to decide. All I’m saying is that, as we are dealing with online investments, stay alert, but also keep an open mind.