The Missing Verbinding Te Cryptotrading – Brainy Options
Do you know what I wonder about almost every day I trade cryptocurrencies on exchanges? I wonder how they can get through te a very competitive niche without providing the even most essential implements a trader needs to act professionally ter the markets. Why is there no stop-loss option, Bittrex? Where are some decent analytics for my portfolio, Binance? Even the shadiest FX broker knows about the need for such features, and they would not even embark without. OK, crypto is still youthful, I get it. Te the search for a instrument to compensate those crucial features, I met 3commas.io – and with them, I found way more than just a ordinary stop-loss or trade analytics solution…
A One-Stop Solution To Add Contemporary Trading Features
3Commas – “what strange but remarkable name”, wasgoed my very first thought when I came across a webstek, which should switch the way I am trading straks on. Frankly, when I read about the suggested features on the homepage, my “this-is-too-good-to-be-true”-reflex kicked te, and I signed up skeptically. What I found wasgoed a neatly designed verhoging that helped mij with my day trading needs.
What 3Commas.io can do for us – The Features
3commas.io’s purpose is to palm overheen a set of so-called “SmartTrading” – instruments, and indeed they can do a lotsbestemming for you. Whether if you day trade yourself or if you want to go after someone else’s portfolio. The web app serves you with a swiss army knife of crypto trading devices and gives you a relentless overview of your profitability.
The Exchange Hub
3commas.io lets you hook ter the most of the significant high volume exchanges. You generate your API key and secret on the exchange you use and buttplug that into your 3commas account. If you want to stay safe, the most of the exchanges will let you define the permissions of the generated key so that you can disallow withdrawals for example. Bittrex, Binance, Kucoin, Polo, Bitfinex, Bitstamp – all thesis exchanges are embraced with open arms at 3commas – and you have all of them under one roof. No tabulator terror anymore, just one peaceful hub that carries all them for your convenience.
3commas Exchanges API Connection
The Brainy Trading Engine
The Wise Trade section enables us to have our order executed most te the most favorable and precise way. Let’s waterput it mildly, the order treating by the most exchanges is “gradable”. This is where the Brainy Trade engine kicks te and irons out the multitude of sins by the exchanges. Trailing Stop-Loss and Take Profit is eventually available – and that to a pretty precies degree, spil you can choose if you want to go after the bid, the ask or the last price – even you can define a custom-built price. This is the core lump of 3commas (however their roadmap shows even more flashy features for the future). Pretty nice feature: you have Tradingview integrated and a custom-made generated buy/sell wall visualization right beside.
3commas Clever Trading Engine
Have a look here, how the staggered take profit works:
The Portfolio Analyzer
Spil you can connect your exchange account by API, 3commas can pull your gegevens and to present you a neat overview of what your portfolio is doing. The instrument shows you your total gains/loss te BTC and USD, the percentage values of your profit/loss, a graph with your allocations, a line graph of the portfolio development, and several other stats.
But not only that, you can lightly snoop ter other peoples portfolios and their spectacles. If you like what you see you can apply their portfolio to your own account.
3commas Portfolio Analyzer
The Trading Journal
A convenient add-on is the trading journal, so you can take note of the trades, and track everything down. This is mandatory for the most professional traders. Once you see your trading spil a business, you want to keep a book for what you are doing. The trading journal will tell you which trade you opened, when you bought, when you sold and shows you your profit/loss ter crypto, USD and percentage value.
3commas Trading Journal
The Copytrader (ter development)
The Copytrader feature could make 3Commas.io the Etoro of Cryptos. The feature is still ter development, but you can already see what other traders have ter their journal and send a copy request to have it on verkeersopstopping. Traders can additionally profit from this option by letting other piggyback their trades. While Etoro has some cryptos available, you never own any coins there. Means if you purchase 50k of ripple, you are trading them on a holodeck, but you won’t be able to withdraw them to a wallet. 3Commas.io will be an authentic Crypto Copytrader, which works for real exchanges.
Do you recall that awful bug te Bittrex, when you permanently had some notifications poppin’ up for trades you did days ago? Not so, with 3commas.io – here you can get notifications on your mobile, te your browser, via email. Heck, you can even customize the kleuter of notifications you get, so you can surely say that you will be notified if something happens.
3commas Notification Settings
The Cornerstone Facts
Let’s summarize some hard facts about 3commas.io’s web app
The following exchanges can be hooked into your 3commas account, so you have all your trading desks ter one place:
- additionally, you can hook ter your Ethereum wallet
The fees are cheap and ordinary to get: They charge a commission of 0.25% vanaf transaction (each SmartTrade/SmartSell) – the surplus of the excellent toneelpodium is free to use for now. Means, even you signup now you get all the graphs and analytics features spil a freebie. Once signed up, you will get a free rail for $Ten to test the SmartTrading engine, this covers a trading volume of $4000, so you can lightly play around a bit and get your feet moist. Necessary to know: 3commas will never charge anything directly on the exchanges (basically they can’t do this if you disallow that ter the API options), but from your account only. Means you will deposit into your 3commas account, and only thesis funds are used for any executed trades. You can deposit te PayPal, but also all the major cryptos, too. The commission fees are only charged once a trade has bot indeed executed. Spil long spil the trade is pending, the needed amount is just frozen from the available funds.
Since there are very few crypto apps for iOS 3commas makes a difference – they have a native iPhone app for their service so that you can control everything anytime. The Android app is yet under development.
If there is still something not yet clear to you or wij just lost you with that wall of text, have a look at the movie, which explains the podium pretty well:
So is this 3commas.io indeed worth it?
Wij can waterput that ter one word: Yes. 3commas.io overcomes the shortages of most of the available exchanges. While Crypto might be a part of our real future and the technical treatment to go, the platforms available are not yet there. I often wonder how exchanges or other crypto projects can treatment the users with crappy interfaces or stone age tech – I just don’t get that. However, 3commas took this to their advantage and created something beautiful and helpful. Staggered brainy entries ter an overbought asset – eventually possible with SmartTrading. Numerous take profit points, lightly calculated percentage-wise, eventually available with SmartTrading. What makes the project even better, is that they have a clear roadmap ahead and are permanently adding fresh features. They seem to be indeed antsy to make this podium better day by day, so that what wij see right now, is just a fraction of what wij might get te the future.
Yep, wij can’t hide it – wij indeed like this project and so might you. Just signup and attempt it out – you have nothing to lose, but get $Ten to attempt their services, spil well spil tons of good analysis instruments for free.