Profit Trailer was founded in September 2017 and is located in Rotterdam (the Netherlands). This bot is licensed and regulated by the Law of Curacao. This is an offshore location that is very common for crypto-related company registrations.
There are many ways to make money using cryptocurrencies. While most people trade on centralized cryptocurrency platforms, which are the safest way to enter a crypto world, others choose to invest in more risky ICOs.
Finally, there are those who use crypto trading bots such as Profit Trailer to put their day trading on steroids. This intelligent bot trades cryptocurrency 24/7 and does all the work for them. The bot also allows you to manually trade at specific times.
What is Profit Trailer?
Let’s be clear: Profit Trailer isn’t a scheme to make quick money. This platform acts as an automated trading solution that auto-trades your funds and coins in your exchange account. This bot can be a great way of slowly building up coins. However, you need to be smart.
Profit Trailer follows your strategy exactly and works on the basis of mathematical formulas that trigger buy or sell orders under certain market conditions. The robot has a variety of strategies, which is great news for those who are not experienced at picking manual trades. They don’t have to spend time looking at charts or keeping track of multiple exchanges. People who are successful traders will be able to customize every parameter on this platform. The software can be customized to suit your needs, regardless of where or what you’re doing.
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Cryptocurrency assets are volatile in nature. Buy and trade at your own risk.
73% of retail investor accounts lose money trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Trading with financial instruments carries high level of risks that is not suitable for all investors. Before making any investment decisions, you should seek advice from independent financial advisor to ensure you understand the risks involved.
Trading with financial instruments carries high level of risks that is not suitable for all investors. Before making any investment decisions, you should seek advice from independent financial advisor to ensure you understand the risks involved.
This does not make the bot fail-proof. I recommend that you start with a small amount of capital to get a better understanding of their operation and which options you would like to use. Because they are not affected by basic human problems like emotions, money, and time management, the bot is more likely to win high-probability trades.
It is essential to be able to set up and optimize the bot in order to achieve success.
Profit Trailer Features
Demo Account
Profit Trailer offers a demo account that allows you to test your strategies without risk.
Security
Profit Trailer is registered in the Curacao Chamber for Commerce in the Netherlands Antilles. The company works according to the strict laws of Curacao. It complies with all international safety standards and fairness standards. Secure Socket Layer encryption (SSL) is used by the bot to establish a secure connection. This creates trust and builds trust. Browsers use special visual cues called EV indicators to ensure visitors that their connection is secure. These can range from a green padlock or branded URL bars. To use the bot, you must be at least 18 years old.
Profit Trailer has had a very good reputation for two years and has continued to run well. There are several things that you can do to increase your security.
- Use 2 factor authentication (2FA)
- You can use IP restrictions to restrict access to your accounts
- You can use a phishing blocker like Metamask, Comodo or Avast to stop phishing attacks
- You can use a Sandbox to run sensitive programs
- To store your coins or withdraw profits, you can use a hardware wallet
Importantly, you should also note that all information regarding your data, including how it is used, is available in the privacy policy section of the company’s homepage.
Exchanges Supported by Profit Trailer
Many things are linked to cryptocurrency exchanges that are supported by a bot. A bot that doesn’t support many popular exchanges will have little value since there won’t be any space for trades.
A second factor is the availability of cryptocurrencies for trade. Larger exchanges can house many types of virtual currencies, while smaller ones can offer deals that are otherwise impossible to trade.
Profit Trailer currently supports Binance and Huobi, Bittrex and BitMex as well as KuCoin, ByBit and Poloniex.
These exchanges are the most well-known and provide a solid foundation of operations for crypto traders.
Profit Trailer Pricing
There are four versions of the trading bot: Basic VPS, Basic VPS Pro, and Pro VPS. (VPS stands for Virtual Private Server). It can be purchased so that you have it for life or you can choose to subscribe for a 1 month, 3 months, 6 month, or 12 month period.
Below are the prices. As you might expect, subscription prices are more affordable the longer you stay subscribed.
Basic
- 1 Month: EUR 39
- 3 Months: EUR 99
- 6 Months: EUR199
- 12 Months: EUR 349
- Lifetime: EUR 499
Basic VPS
- 1 Month: EUR 54
- 3 Months: EUR139
- 6 Months: EUR 299
- 12 Months: EUR 499
- Lifetime: EUR 724
Pro
- 1 Month: EUR 59
- 3 Months: EUR149
- 6 Months: EUR 249
- 12 Months: EUR 449
- Lifetime: EUR 699
Pro VPS
- 1 Month: EUR 89
- 3 Months: EUR 219
- 6 Months: EUR 399
- 12 Months: EUR 749
- Lifetime: EUR 1 149
Pros and Cons
| Pros | Cons |
| Configurations and automatic updates | Not cloud based |
| User interface is simple and intuitive | Background of non-transparent company |
| No mobile app |
Conclusion
Profit Trailer is a beautiful platform with a great support team. They are men who “live and breathe PT”, as they say. It was launched in 2017 and has been used by thousands of traders. Profit Trailer’s first two years of existence have seen a remarkable record of percentage gains. It has also managed to be the No1 brand in automated trading software for cryptocurrency. The overall reputation is excellent.
Profit Trailer works in the simplest of ways. It is important to realize that a trading robot is not a magical machine. If you don’t know how to trade profitably, the bot won’t make your life easier. You will need to adjust your configuration files to fine-tune the way that the bot works.
