![]() To make things easier for you, we’ve broken down the core products below. The 3Commas platform offers a number of useful services for a variety of trading needs. So now that we’ve covered the basics, in the next section of our 3Commas review we are going to explore how the automated trading bots work in more detail. The package you require will ultimately depend on your individual needs, and how far you want to take your automated trading endeavors. ![]() This ranges from a free account, a starter account at $22/month, an advanced account at $37/ month, and the all-in Pro account at $75/month. Pricing wise, there are four packages available. In total, you can link your trading bot with 13 leading cryptocurrency exchanges, which includes the likes of Binance, KuCoin, BitFinex, Coinbase Pro, and BitMEX. In terms of the fundamentals, the 3Commas platform was first launched in 2017, and the company behind it is based in Toronto. You can decide which traders you want to copy by assessing their statistics, such as historical profit and losses, preferred trading pairs, and volumes. If you’re not quite at the stage where you feel comfortable setting-up your own trading parameters, then 3Commas also allows you to copy the portfolio of another trader. On the contrary, the underlying technology supports short sells, stop loss and take profit orders, trailing orders, composite bots, and more. In fact – and as we will discuss in more detail further down, the capabilities of your custom trading bot can go far and beyond just market orders. For example, if you want to program your trading bot so that it buys Bitcoin when the asset reaches $10,000 on Binance, and then sells it when the coin hits $11,000, you can do this via 3Commas with ease. If you do decide to engage in automated trading, the bot will execute cryptocurrency buy and sell orders on your behalf. Irrespective of your experience in this particular field, 3Commas aims to cater for investors of all sizes. In its most basic form, 3Commas is an online platform that allows everyday traders to utilize the benefits of automated trading bots. ![]() Let’s start with an overview of what 3Commas actually is. We’ve covered everything from how the bot works, what it allows you to do, pricing, and more. If you are thinking about using 3Commas for your automated trading endeavors, then we would suggest reading our comprehensive review first. The platform offers a number of innovative trading features that can be built into your very own custom bot, all of which can be tested and used at a number of leading cryptocurrency exchanges. With that being said, one of the most well-regarded cryptocurrency trading bots currently in the market is that of 3Commas. At the very least, this includes the ability to trade around the clock on a 24-hour basis. In fact, even if you classify yourself as a seasoned trader, the capabilities of automated trading bots are significantly more advanced than the what the human brain can offer. Please check our Risk Warking disclosure for more information.If you’re looking to get involved in the multi-billion dollar cryptocurrency trading arena, but have little to no experience, you might want to consider the merits of automated trading. We recommend that you seek independent advice if you are unsure. It is important that you read and understand the relevant legal documentation to fully be aware of the risks involved according to your personal circumstances before deciding to open an Account and access and/or use the Services. ![]() This Warning does not explain all of the risks involved in Trading or how the risks relate to your personal circumstances. In the same way, when copying a trader "Copy Trading" in Binance or any of the integrated exchanges, or even copying through Profit Sharing, your need to take in consideration that it may result in losses. This Risk Warning provides you with a non-exhaustive overview of the key risks that you should take into account when deciding whether to open an Account and trade in Virtual Asssets and/or Virtual Asset Derivatives. You should only trade with money you can afford to lose. Trading is not suitable for everyone and may result in losses that are greater than your deposits. Spot trading or Margin Trading in Virtual Assets and/or Virtual Asset Derivatives (“Trading”) carries a high level of risk to your capital.
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