Trading automation has made life easier for investors. This holds true across a range of industries, including cryptocurrency trading. Automated trading is possible using a number of different technologies, each offering its own benefits and drawbacks. CryptoHero, a popular and trusted automated crypto trading system, has a solid reputation.
CryptoHero connects to all the major crypto exchanges in order to automatically initiate automated trades. It is also capable of managing multiple accounts, which makes it an excellent option. You can choose from a range of subscription options depending on what your market needs are.
The market’s changing values are something crypto traders need to keep an eye on. It takes effort, time, and knowledge to purchase and trade bitcoin. Many people don’t want to invest because of their inexperience and the overwhelming nature the bitcoin market. However, technology is making things more interesting.
CryptoHero, a Singapore-based cloud-based automated crypto trading platform, was created for all crypto enthusiasts. No matter if you’re a novice or an experienced trader, it doesn’t matter. You will find many tools that make trading easier and more efficient, such as the ability to automate.
CryptoHero: An overview
CryptoHero, a trading automation platform, was launched in 2021. It has been well-received within a short time.
The company’s goal is to make trading automation more accessible. It lowers the entry barrier by eliminating technical experience as a requirement for operating and maintaining a cryptocurrency bot.
These non-geeky bots work in tandem with the user interface solutions, making CryptoHero an ideal app for mobile devices.
The combination of simple-to-use crypto trading bots with the desire to make CryptoHero widely available via Google Play and App Store makes CryptoHero a great candidate for traders who are often on the move or just those who prefer a casual approach to crypto daytrading.
However, performance is not an issue as CryptoHero bots promise performance not lower than the industry standard for more dedicated software.
CryptoHero, as the story goes seems to fit perfectly into the category bots that keep a subtle balance between accessibility & performance.
Is the story true to the reality? Check out the review to find.
|Subscriptions for basic and premium||Mobile and web subscriptions can be paid in different ways|
|There are many active bots||Basic bot discovery page|
|Multiple trading strategies|
|Trade terminal with margin and spot options|
|All platforms available – iOS, Android, and Web|
|Cryptocurrency can be used to pay|
What trading options does CryptoHero offer?
CryptoHero is an innovative platform that utilizes AI-optimized crypto trading bots in order to manage your investments. Connect your trading accounts to CryptoHero. Select your subscription level, and specify the parameters for the bots.
CryptoHero integrates currently with:
- Coinbase Pro
- Gate IO
The AI optimised bots will run simulations to determine which trading option is the best. You can choose the bot you think will deliver the best results. You can also copy them for future reference.
CryptoHero lets you set exit and entry conditions for your positions. You can also use technical indicators to monitor market volatility, asset value, and price trends. These indicators include:
- Bollinger Bands (BB), a momentum indicator that can help you determine price strength and volatility. This indicator helps you identify oversold or overbought indicators.
- Exponential Moving Average (EMA), — This indicator allows you to view both short-term and long-term trends.
- Relative Strength Index, (RSI) — Use the RSI to see how fast prices change and how much.
- Stochastic RSSI (SRSI). The Stochastic RSSI is a measure of the asset’s value rather than its raw cost.
Backtesting your bots is also an option. These backtests will show you how your trading strategy compares to historical data once it is complete. You can also use test bots to run scenarios in Binance, without having to spend your money.
A long strategy allows you to buy high and then sell high. A shorter strategy is available if you prefer a shorter strategy. The bot can either sell an asset that is failing or purchase it again for less money.
Be aware that these options are only available with Premium services (though they’re very reasonably priced).
What does CryptoHero cost you?
CryptoHero’s service is offered in three pricing options.
The Basic plan, also known as the first plan, is free. It’s meant to give you a taste of what CryptoHero can do with its automated trading bots.
It provides all the services offered by the platform with the notable limitation of only having one bot active and one API connection active.
This plan has a lower bots processing priority than the other two, which means slower reaction times and other consequences due to the central system’s processing power.
Premium is $13.99 per Month and increases the limit on active bots from 15 to 15. It also allows for more API connections, up to 3.
Your bots also get higher processing priority than the Basic plan and the same power as the Professional plan.
Professional is the third pricing plan and costs $24.99 per monthly. It allows for maximum 40 active trading bots and eliminates any limit on API connections.
CryptoHero allows you to automate your crypto trade 24/7. A bot can be created in minutes. You can then use it and manage it wherever you are. You can also view the exchanges connected and see your overall performance.
CryptoHero makes it easy to automate crypto investments and increase your profits. To get positive results, you can simply drop your Portfolio into the platform. The platform makes it easy to learn and adjust your trading strategies. It also allows you to follow market trends without having to have a business degree.
CryptoHero, an innovative platform that utilises AI-optimised cryptobots to manage and control your investments, is quite unique. CryptoHero allows you to connect your trading account and choose your subscription level. You can also specify parameters for the bots.
The CryptoHero platform is extremely affordable and doesn’t cost much. You can also download a free trial version to get a feel for how the platform works. It is extremely affordable due to the huge opportunities it offers its users.