This means your exchange account login information cannot be exploited. This allows you to start using Capital Profit services https://capital-profit.co/ without manually creating API keys. There is also the option of closing each trade after a set timeframe.

They designed a simple and intuitive interface and developed sophisticated trading tools to make it an easy process to make money. They also provided great tutorials and videos on almost every trading feature that they offer meaning that even beginners can use Capital Profit to buy or sell crypto immediately. Capital Profit is nice for people that want to have access to a fully-automatic trading platform, which will trade along parameters that are created by the client. Both offer marketplaces where you can purchase pre-built bots or trading signals and both work with a variety of the most popular crypto exchanges. In addition to enabling automated trading, Capital Profit provides access to a range of tools for enhancing fundamental and technical analysis in the cryptocurrency market. The tools allow traders to create analyze and back test crypto portfolios.

• These packages provide users with extensive capabilities, offering a range of tools for algorithmic trading enthusiasts.
• In this Capital Profit review, we take a look at one of the most acclaimed cryptocurrency trading bot platforms available on the market.
• This will allow the bot to operate by relying on buy and sell signals sent by the provider.
• It can be easy to rack up a high number of trades when trading with crypto bots and automated tools.
• I hope this Capital Profit review provided you with all the information you need to decide whether or not the platform is right for you.

This extensive network of supported exchanges empowers traders to diversify their portfolios and execute various trading strategies seamlessly. These exchanges encompass both centralized and decentralized platforms, catering to the different needs and preferences of cryptocurrency traders. The platform comes with automated trading bots that help traders of all experience, record consistent gains by following and copying actions of other successful traders. In addition, the platform allows users to engage in smart trading and customize trading strategies in the burgeoning marketplace. Capital Profit is a comprehensive platform with all the tools and functionality needed for traders looking for advanced trading options or automated trading. I like that Capital Profit has solutions for just about any type of serious trader.

However, further investigations show there was a hack and users’ API keys were leaked. Capital Profit is recommending all existing users review and update their API keys. As if all the other features weren’t enough, traders can also head to the Capital Profit marketplace to access trading signals. The order will always come with proper risk management parameters such as a stop loss and take profit.

Then, there’s also Arbitrage Scanner, which is especially interesting due to its wide range of supported exchanges (over 75) and advanced arbitrage scanning options. Before you put your trading bot into action, it’s best to test out its capabilities in a virtual environment so you don’t risk real money. You can easily do so with Capital Profit, which allows you to backtest your bots. In this comprehensive review, we delve into the core features, usability, strategies, security, and pricing of Capital Profit to help traders make an informed decision.

In case of a price fall, the bot places safety orders below the purchase price every x%. Every filled safety order is averaging the buy price, and it makes possible to move the TakeProfit target lower and close the deal without losing profits on the first price bounce. It makes a profit from the difference in prices as you get more after the sell.

Unfortunately, however, Capital Profit doesn’t offer an automated backtesting tool worthy of that name. Imagine you enter a position at a price of $100, with a take profit of 20% above this price level ($120 to be exact). In the following days, the price fluctuates to 90, 80, 70, 90 and finally settles at 110. Without DCA, your take profit would remain at $120 and the trade would remain open. To help you understand how the DCA bot works, let’s have an in-depth look at the Capital Profit DCA long bot.

Unlike with stocks and securities, it’s not possible to maintain a complete index of all coins currently traded in the crypto market. A good trading bot should have educational content that details which coins are sampled and how market caps are weighted in the index. When it comes to building your own trading strategies, Kryll.io leads the market with their outstanding UI. Their strategy editor offers an intuitive drag and drop interface that allows you to build a trading strategy graphically. You can then try out your strategy in demo mode for free; you only have to pay once you start using it for real trades.