It was launched in 2020. It offers a variety of channels to suit different skill levels and experience. These include investing into crypto indices and trading bots and a copy trading marketplace. All of these channels aim to make it easier for people who choose to devote their careers to crypto.
Napbots was developed using cloud-based technology. It is easily accessible on the move, eliminating the need for a dedicated machine or device specifically for day trading. Napbots is also committed to increasing the reliability and stability in crypto trading. Napbots has partnered with experts in the field and integrated with many crypto exchanges. It is also aware that crypto trading bots outperform human traders in every way possible.
It aims to make the setup of bots as simple and easy as possible. While leaving the tedious work to its binary counterpart,
Sign up, choose your method (or all of them), and then hook up with an exchange. At least that’s the idea. Let’s move on to the Napbots review. We will see how it compares with reality.
How to use NapBots
Choose An Exchange
First, choose your favourite exchange. It is simple to link your chosen exchange account with NapBots. You simply need to create an API key using your broker’s account, and then connect the key between NapBots and the exchange.
NapBots is available at the following cryptocurrency exchanges:
- Bitpanda Pro
These exchanges offer a wide range of crypto pairs. These exchanges were chosen for their liquidity and security.
According to the website, NapBots will soon be available on the following cryptocurrency exchanges: Coinbase. Huobi. Revolut. Bithumb. HitBTC. Crypto.com. Kucoin.
Choose A Strategy
The platform has a large collection of crypto bots that you can use to choose your strategy. NapBots is unique in that it allows multiple signals to be combined at once. You can use multiple strategies simultaneously to experiment with different allocations and reduce risk.
Investors who analyze the market and make input decisions based on live trading conditions have greater chances of making gains. Users could lose their earnings if they choose the wrong strategy or market.
Choose A Subscription
Finally, choose a plan that best suits your investment style (hourly or daily – see below), and your budget. The automated bot will take over.
NapBots doesn’t hold funds on its platform. The bot executes trades on your Binance exchange account. NapBots are unable to withdraw funds. It is believed that the tool is secure, and there have been no reports of hacks or other cyber-related issues.
Users must create an account by entering their name, email address, and creating a password. An email will be sent to clients confirming their registration. Napoleon, the owner and operator of NapBots collects personal data from its users when they visit its website or create an account to fill out the electronic form. It may also assess clients’ trading experiences, average annual income, net worth, and estimated net worth.
NapBots offers a guide which allows you to look over information about the platform and gain an understanding of how trading bots work. This guide will help you learn more about the platform. This guide can be thought of as your DIY customer service page.
Online customer service requests can be made at any time. If you don’t find the information you are looking for, you can contact us by clicking the Contact Us button. Although a live chat would be great, the site has many other options.
The platform is available from 9:30 a.m. until 1 p.m., and 2 p.m. until 6 p.m. GMT on Monday through Friday. European customers have the option to reach out via a telephone number. U.S. customers may also call for assistance if needed.
NapBots’ security is a special feature to be noted. Only trades can be completed by the platform if you sign in via your exchange’s API. Your money is safe. NapBots is awarded 4.5 stars for all of these options.
Pros and Cons
|Smart investment decisions made easier by automation||Service may be delayed if the service is located in Europe.|
|Site is simple to use and understandable|
|Connectivity to several popular exchanges|
|France’s AMF regulates|
NapBots currently offers a free 7-day trial. Simulator mode users have unlimited access to the trial. After users have tested their strategies, they can upgrade to a subscription.
You have the option to cancel or upgrade or downgrade your subscription at any moment. Based on which plan you select, you will be charged or reimbursed pro-rata. Monthly or annual plans are available. NapBots offers discounts for pre-commitments as well as a free domain name for an entire year when you subscribe to an annual plan.
All subscription plans include unlimited copy trades.
- Simulator mode: Unlimited execution with a fictional budget at no cost
- Silver Plan: EUR7 per Month for the first three months, then EUR19/month: traders have access to weekly trading bots with a budget of EUR1,000 and can also access the monthly trading plan. However, this plan does not provide access to the hourly or daily bots, nor do it allow for customised allocations.
- Gold Plan: EUR39/month for the first three months, then EUR49/month: The gold plan provides access to weekly strategies and daily strategies. You can also access custom allocations and leverage. The budget limit is EUR3,000
- Platinum Plan: EUR99 per Month: Users have access to all trading bots, hourly, daily and weekly, as well as all other features on the platform. You can only budget EUR5,000 for this plan.
Users who wish to trade beyond the plan’s budget limits will need to pay an additional fee. You can pay with credit cards, debit cards, or cryptocurrency. Credit can take longer to reach your account, however.
NapBots supports all major currencies including EUR, USD, CAD and GBP.
NapBots Review: Conclusion
This Napbots review finally gives us the answers we have been searching for.
Is Napbots real crypto trading bot that offers profitability, reliability, stability, and a way to make a living trading cryptocurrency?
The definitive answer to your question is yes.
Napbots is a shining star because of its balance between ease-of-use and power of performance, various options that cater for varying skill levels and adapting pre-built strategies, features and strategies.