RevenueBot Review: Is RevenueBot Your Crypto Key?
Are you ready to explore one popular and handy tool for crypto trading? In this RevenueBot review, we’re digging into the nitty-gritty of this platform. We’ll talk about its features, what users think, and all the crucial info you need. Keep reading to discover more intriguing facts!
|Type of company
|AI Trading Tool
|Warnings from Financial Regulators
|No official warnings
|Dubai Silicon Oasis, Office: 26319-001, Dubai, UAE
|[email protected], [email protected]
|Majority of clients are from
|Ukraine, United States, Kazakhstan, Latvia
What Are Trading Bots?
Trading bots, despite their sci-fi impressions, are just programs to help traders. They can run automatically, keeping you trading 24/7, or work with manual strategies to ease repetitive tasks. These bots bring benefits like efficient trading, emotion-free decisions, and solid multitasking.
But, remember that automatic bots aren’t magic. They need smart decisions and constant monitoring. So, always educate yourself about expert advisors, and thoroughly test bots on demo accounts before real trading. It’s the savvy way to go.
Tip: Moxium appears to be an online trading platform that promises superb things! It is described as a web-based platform with advanced features, favorable terms, and good customer support. Still, keep in mind there are mixed reviews about them.
Curious about RevenueBot and what it brings to the table? Based in the UAE, RevenueBot is your go-to for automated cryptocurrency trading. Launched in 2018, this is a platform that lets you trade on various exchanges using predefined strategies or your own yields.
Unlike its look-alikes, RevenueBot operates on a commission basis instead of a subscription fee. This sets it apart in the crypto trading landscape, ensuring you pay only when you make a profitable trade. We can see this bot offers flexibility in trading modes, including cryptocurrency and futures trading. Overall, RevenueBot gives you the freedom to maneuver your digital assets.
At a glance, RevenueBot seems to strike a balance between features and service fees. However, there’s always more beneath the surface. To make an informed decision about using the RevenueBot app for your needs, stick around!
How Good is RevenueBot?
So, what about RevenueBot reviews? Since its establishment in 2018, RevenueBot has gotten attention and reviews from crypto enthusiasts. The general sentiment seems positive, mainly on Trustpilot where they received a 4.8-star rating! We can see that users highlight great issue resolution and support. However, the plot thickens when we dive into RevenueBot Reddit. Namely, we found a mixed bag of opinions here!
Some users haven’t even heard of RevenueBot, while others criticize the clunky user interface and question its reliability. All in all, our goal is to present a balanced view. We want to give you the real scoop on RevenueBot’s reputation in the crypto community.
When it comes to connecting with RevenueBot bot, there are many options available. It supports 15 crypto exchanges. These include big names like Binance, Kraken, and Huobi. With options for both spot and futures trading, RevenueBot stands out for its broad exchange support.
This compatibility is nice! It means traders can easily integrate this bot into their trading strategies without switching exchanges. We must say that this is a plus!
Note: Acer Finance is a company that provides various financial services. Think of investment management, mutual funds, analysis, financial planning, etc. However, it’s important to note that there are concerns about its safety.
RevenueBot Fees & Prices
Unlike other bots with monthly or yearly subscription fees, RevenueBot takes a 20 percent cut from every profitable trade. Before you question this, let’s break it down. While this approach may seem steep, it distinguishes RevenueBot from typical models. This is a fact!
However, the potential downside lies in the $50/month cap for the 20 percent cut. This cap applies separately to spot, futures USDT-M, and futures coin-M trades. Yes, RevenueBot offers a saving grace with the cap. Still do your research if it suits you.
Is RevenueBot Easy to Use?
Contrary to the image of simplicity, reality seems more problematic. The UI, leaning towards advanced, really challenges everyone. Now, TradingView signals and backtesting are promising, but the UI here makes them hard to use. This is a fact!
Its learning curve may be steeper than expected for newcomers, according to user reviews. Features like preset strategies and trading pair automatic switching offer a degree of comfort. Yet, we see they demand a more advanced skillset, potentially limiting their accessibility.
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Closing our dive into RevenueBot, let’s zoom in on what it brings to the table. The hurdles with UI design and user-friendliness may be off-putting, mainly for crypto newcomers. While certain features are nice, the overall package of RevenueBot falls short when compared to the competition.
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What is RevenueBot?
RevenueBot is a cloud-based bot for automated trading on crypto pairs using the Martingale RevenueBot strategy.
Is RevenueBot Legit?
Yes. This is a solid platform for automated cryptocurrency trading.
How Much Does RevenueBot Cost?
The bot does not charge a subscription fee, but takes a fee for profits, up to $50 per month.