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Crypto RobotsReviews

Botee.Trade Review: Things to Consider Before Investing

by manager91 06/20/2022
06/20/2022

Botee.Trade offers crypto trading bots for professional traders. You can automate your crypto trading with the bot and allow it to trade 24/7 for you. The service offers a mobile-friendly service, free trial, free backtests, and a user-friendly interface. Smart charts, advanced trading tools, and an unlimited number of configurations are other benefits the platform promises.

Botee.Trade overview

Botee.Trade Review: Things to Consider Before Investing

Botee.Trade is a sophisticated cloud platform for making and automating trading strategies on the crypto market. The bots offered by the service use technical analysis indicators and use a smart execution algorithm. Backtesting and paper trading features are present to test the bot strategies before deploying them. 

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The important features that the vendor focuses on for this service are:

  • Smart charts are present which you can customize as per your needs and visually assess the efficacy of your strategy.
  • Optimize your strategy by combining backtesting and real trading results on the chart.
  • Use the advanced tools to create a complex strategy for efficient trading.
  • Combine different indicators to form new and effective strategies.
  • Choose from the Trailing stop, DCA, Short, leverage, and other approaches.

Does Botee.Trade work?

With the features of the platform, you can make bot configurations without any limits. You can change the basic strategy using the trading tools available and choose the data sources from the candles, trades, or order book. The service allows you to set different timeframes for each of the indicators you use. Customization of the buy and sell conditions is also possible

Botee.Trade: ease of accessibility

Although the vendor claims that the service is for professional traders, the features are easy to access for newbie traders.

Supported exchanges

The firm does not support many exchanges. At present, it integrates with the Binance and Bitfinex exchanges.

Strategy: technical analysis and custom strategies

The bots use various indicators such as MACD, RSI, Stochastic, Bollinger Bands, etc. You can also combine the indicators to form a new strategy. Use of Trailing stop, DCA, leverage, etc. are also allowed.

Botee.Trade interface

The user interface is friendly and intuitive. All the trading tools and features needed for using the service are easy to access via the horizontal tabs, right-sidebar, control panel, and the candlestick chart.

Botee.Trade company overview

We could not find info on the company such as its headquarters, the location, team members, etc. 

Time in business

As per the info provided in the documentation, the company was launched in 2018. 

Security

The service does not have withdrawal permission so your deposit will be safe and secure when you use API keys with trade-only permission. Dedicated servers are used for each of the bots ensuring better safety. Further, the vendor claims that the system is inherently fault-tolerant.

Pricing details

A free trial for 7 days is present. Paid packages include a Standard ($60/month), an Advanced ($120/month), and superior ($270/month). Backtests, paper trading, and live trading are common to all the plans. They differ in the maximum deposit limit which ranges from $1000 to $300,000. Notification via Discord and Telegram and end-to-end analytics are present for the advanced and superior plans. When compared to the market average, we find the pricing is expensive.

Are there any fees or commissions with Botee.Trade?

Not the platform does not charge a commission fee for the execution of the trades.

Does Botee.Trade have an API?

You need to create an API key to allow the bot access to trading on your exchange. A useful guide is present to make the API key.

Botee.Trade: performance metrics

The vendor does not provide info on the performance of the bots. Without verified performance, we are unable to assess the profitability.

What kind of support options does Botee.Trade offer?

For support, the service provides a few methods such as documentation, an email address, and a phone number. 

Reviews of Botee.Trade

Unfortunately, we could not find user reviews for this service on trusted third-party sites such as Trustpilot, Quora, etc.

End notes

End notes

Botee.Trade offers many advantages to crypto investors with its professional bots that have features such as smart charts, customizable strategies, backtesting, and more. However, the lack of a proven track record, limited exchange support, and expensive pricing are shortcomings that you need to consider in this system before you decide on investing in it.

InvestGrail
  • Features:
    3
  • Safety and Security:
    3
  • Customer Experience:
    2
  • Ease of Use:
    3
  • Service Cost:
    2
The Goods
  • Fully automated and customizable bots
  • User-friendly interface
The Bads
  • No proven track record
  • Limited exchange support
  • Expensive pricing plans
2.6 1.3 5
Average Score
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