Mudrex, one of these trading bots, can be used to trade via settings and features. This platform will be discussed so that you can make an informed choice about whether it is right for you.
In case you didn’t know, cryptocurrency is a huge trend right now. Although Bitcoin is still the most popular cryptocurrency, there are many other coins that are performing well than Ethereum.
The cryptocurrency trading market is extremely popular and global, but it’s also volatile. Cryptocurrency fluctuations are not for the faint-hearted.
There is increasing interest in cryptocurrency trading robots, which allow you to automate trades.
These services can help you make better trading decisions and create custom strategies.
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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.
These automated trading services are not all legitimate. This is the biggest problem. Some are more secure than others.
However, you should be aware of the industry standards before you start trading with any cryptocurrency bot.
Regardless, the trading market can bring in huge gains when values rise.
This can lead to lower values being less desirable. However, you should be familiar with the market before you trade.
Some traders choose to hold their money and put more money in. Then, they will trade across their digital assets. Others are more adventurous and enjoy the ride.
You don’t have to be an expert trader if you want to become one.
Mudrex’s layout
Mudrex has two options for users who want to automate their crypto trades:
- Mudrex Invest allows you to invest 100% with expert-created automated trading bots. These bots are available in multiple currencies and on crypto exchanges.
- Mudrex Builder is another platform that allows you to create your own trading strategies, instead of using pre-made trading strategies. This feature doesn’t require you to be able to code. Blocks can be used to develop strategies. This makes it very easy. This is the reason Mudrex has seen such rapid growth.
Let’s now look at the Mudrex review to see what features and other aspects it offers so you can decide if this platform is right for you:
How much does it cost to use Mudrex?
You don’t need to pay any fees as a Mudrex Invest user. You will need to pay a small amount to use the trading bot. It can be as low at US$5 per monthly. It varies from bot to bot. US$150 is the minimum amount you can invest in any trading bot. Mudrex Protect is another option that guarantees a return on your investment if the strategy fails to make a profit, or you lose money within a month.
You can also easily create trading strategies with the Mudrex Build platform using over 200 technical indicators.
There are two versions of the Mudrex Build platform:
- The free version: This provides basic tools to help you understand the platform. It is completely free.
- Paid version: Only US$16 per Month (when you sign up for an annual subscription). You get the following features in the paid version of Mudrex Build:
- unlimited backtesting
- Ability to publish and create your own strategies on the platform
- Support available 24×7
Backtesting: Paper Trading
Manual backtesting can be frustrating, time-consuming and tedious. Trality Backtester is an amazing tool that allows traders to perform extensive, customized testing in a matter of seconds. Go to the right of your screen, and choose either a predefined scenario (or a custom date) to get started. Click the drop-down button to access advanced settings.
Mudrex supports exchanges
Users can trade on Mudrex using either the Mudrex wallet or a cryptocurrency exchange. API keys are required to connect your exchange with Mudrex. After the API keys have been verified, Mudrex will be able to place orders on your behalf on the exchange in an entirely automated manner. Mudrex does not have withdrawal permissions so trading takes place in your exchange account. Here are some exchanges that we support, along with brief tutorials on how to connect your Mudrex API keys.
Spot:
- Binance
- Binance US
- OkEx
- Coinbase Pro
Perpetual Futures:
- Bitmex
- Bybit
- Deribit
- Binance futures
- OkEx Futures
- FTX
We are currently working on adding more exchanges. We are currently looking at the following potential exchanges to integrate:
- Kraken
- HitBTC
- Poloniex
- Huobi
- Bitfinex
If you have any questions about API Keys, please contact [email protected]
Start trading immediately by connecting your exchange to Mudrex.
Conclusion: Is Mudrex worth it?
This bot is free to use for a week before you decide to upgrade to the premium version.
There will be some restrictions on the free option, but you should still be able to determine if this cryptocurrency is right for you.
We discovered that this platform sometimes allows you to download the free version for up to two weeks. If you are interested, you can keep an eye out for the deal.
Although we are confident that this company will offer the best possible crypto trading bot features, and service, we still recommend Bitsgap and Quadency to meet your cryptocurrency trading needs.
