It was launched in 2020. There are many channels available to suit different levels of experience and skill. You can invest in crypto indices, trading bots, and a copy trading platform. These channels are designed to make crypto investing easier for those who want to dedicate their careers to it.
Napbots was created using cloud-based technology. It can be accessed on the go, so there is no need to have a dedicated device or machine for day trading. Napbots is committed to improving the stability and reliability of crypto trading. Napbots has worked with experts in the field to integrate with many cryptocurrency exchanges. It is also well aware of the fact that bots for crypto trading outperform human traders in all possible ways.
It is designed to make setting up bots as easy and simple as possible. It will leave the hard work to its binary counterpart.
Register, select your preferred method of payment and then connect with an exchange. That’s it. Let’s now move onto the Napbots review. Let’s see how it compares to reality.
How to Use NapBots
Choose an Exchange
First, choose your favourite exchange. It’s easy to link your exchange account with NapBots. Simply create an API key with your broker account and connect the key between NapBots & the exchange.
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78% of retail investor accounts lose money trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Trading forex or CFDs on margin involves a high degree of risk and may not be suitable for all investors. There is a possibility that you may suffer a loss equal to or greater than your entire investment.
CFDs are complex instruments and involve a high risk of losing money quickly because of the leverage effect. 68% of retail investor accounts lose money trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
NapBots can be found at these cryptocurrency exchanges:
- Bitpanda Pro
These exchanges provide a large variety of crypto pairs. These exchanges have been chosen for their security and liquidity.
According to the website, NapBots are soon available on the following cryptocurrency exchanges. Coinbase. Huobi. Revolut. Bithumb. HitBTC. Crypto.com. Kucoin.
Choose A Strategy
You can choose from a wide range of bots on the platform to help you decide your strategy. NapBots allows multiple signals to be combined simultaneously, which is a unique feature. Multiple strategies can be used simultaneously to test different allocations and reduce risk.
Investors who study the market and base their input decisions on real trading conditions will have greater odds of making a profit. If they choose the wrong market or strategy, users could lose their earnings.
Select A Subscription
Choose the plan that suits you best (hourly, daily, see below) and your budget. The bot will do the rest.
NapBots does not hold funds on its platform. The bot executes trades from your Binance account. NapBots cannot withdraw funds. The tool appears to be secure and reports of hacks or other cyber-related problems have not been reported.
To create an account, users must enter their name, email address and create a password. Clients will receive an email confirming their registration. Napoleon, the operator and owner of NapBots, collects personal information from users who visit the website or create an account to complete the electronic form. It can also evaluate clients’ trading experience, average annual income, net wealth, and estimated net worth.
NapBots provides a guide that allows you to review information about the platform, and get a better understanding of trading bots. This guide will allow you to learn more about the platform. This guide can be viewed as your DIY customer support page.
Online customer service inquiries can be made at any moment. You can reach us via the Contact Us button if you do not find what you need. While a live chat is great, there are many other options.
You can access the platform from 9:30 am to 1 p.m. and 2 p.m. to 6 p.m. GMT Monday through Friday. European customers can also reach out to the platform via a phone number. If you need assistance, U.S. customers can also call.
NapBots security is something to be noted. The platform can only complete trades if you sign into via the API of your exchange. Your money is secure. All of these options have been awarded 4.5 stars by NapBots.
Pros & Cons
|Automation makes it easier to make smart investment decisions||If the service is in Europe, it may delay service.|
|Site is easy to use and understand|
|Connectivity to many popular exchanges|
|France’s AMF regulates|
NapBots offers a 7-day free trial. Users who use Simulator mode have unlimited access. Once users have tried their strategies, they may upgrade to a subscription.
You can cancel, upgrade, or downgrade your subscription at any time. You will be charged for or reimbursed according to the plan you choose. There are monthly and annual plans available. Subscribe to an annual plan and get a discount on pre-commitments, as well as a domain name for a whole year.
All subscription plans include unlimited copy trading:
- Simulator mode: Unlimited execution using a fictional budget at zero cost
- Silver plan: EUR7/month for the first three months and then EUR19/month thereafter: traders have access to weekly trading bots with a budget up to EUR1,000, as well as the monthly trading plan. This plan does not allow for custom allocations and access to either the hourly or daily bots.
- Gold plan: EUR39/month the first three months and then EUR49/month thereafter: The gold plan gives you access to weekly and daily strategies. You have access to custom allocations, leverage and other options. You have a budget limit of EUR3,000
- Platinum plan: EUR99 per month: All trading bots are available to users, hourly and daily, along with all other features of the platform. This plan is only available to those who have a budget of EUR5,000
Users who want to trade outside the plan’s limits will have to pay an additional fee. Credit cards, debit cards and cryptocurrency are all options for payment. However, credit can take longer to reach your bank account.
NapBots supports all major currencies, including EUR, USD and CAD.
NapBots Review – Conclusion
We finally have the answers we’ve been looking for in this Napbots review.
Is Napbots a real cryptocurrency trading bot that can make a living by trading cryptocurrency?
Your question will be answered definitively by yes.
Napbots shines because it is easy-to-use and powerful, has many options to cater for different skill levels, and can adapt pre-built strategies, features, and strategies.