3Commas Crypto Bot Review: Supports Trading on Various Exchanges

3Commas is a system that can provide us with profits from significant downturns on the market. We are here to check this out and be convinced that the system is a safe option.

What is 3Commas?

3Commas is a platform that works on the crypto market. It consistently seeks for trading opportunities and places orders for us.

Main features

We have systemized all information that was provided in the presentation. It should be enough for you to make a wise decision about the robot.

• The presentation includes claims that the robot can work automatically for us.
• The system can be checked through an application.
• It provides us with the following statistics: performance and trading statistics, launch other bots, and close orders manually.
• The portfolio can be rebalanced for better performance.
• There’s a dashboard implemented for providing us with information about the market.
• The system allows us to perform paper trading. So, we can try safely, working with this solution.
• It can manage to generate profits from the high-volatile market.
• It is able to work with trading options.
• The system lets us subscribe to these signals.

How does the bot trade?

The advisor seeks high volatile or other trading opportunities. It works on the market to measure the precise entry points.

Trading approaches of 3Commas

The system looks for the best trading setups 24/7. When it finds them, the system places an order with SL and TP levels.

Is 3Commas profitable?

We don’t have an answer on this question because the developers avoided providing us with information about trading results or at least paper trading.

How to get started on 3Commas?

We have to pay for the system and download it. Then, we should customize settings where needed. After this, API keys have to be generated and the robot attached to the chart.

How beginner-friendly is 3Commas?

The robot looks like a solution that is friendly to traders with all levels of experience.

3Commas compatibility–exchanges and coins supported

It’s possible to trade on the following exchanges: Gemini, Binance, FTX, BYBIT, Bitstamp, Bitfinex, gateio, Coinbase Pro, Kraken, Deribit, Poloniex, BitMEX, OKEX, Bittrex, and Huobi.

Commissions, deposits & withdrawals

The developers don’t charge us with any kind of commissions. We have no information about depositing and withdrawing provided.

3Commas pricing details

The presentation includes several packages. There’s a free pack that includes one GRID Bot, one Options Bot, and one DCA Bot. The system can be bought for $14.5 monthly. We can try one Active SmartTrade, unlimited Scalper Terminal, Paper Trading. The Pro pack costs $49.5 monthly. There are no crypto assets limitations. We can trade on 18 exchanges. Alas, the offer doesn’t include a refund policy.

Performance and security

The presentation isn’t featured by trading results. Anyway, if we talk about security, the system works with API keys for us.

Is 3Commas regulated?

No, the system isn’t regulated by authorities.

3Commas company reputation

The company was created in 2017 I. Estonia Laeva 2, Tallinn, Estonia, 10111. 3Commas has an additional office: 20th floor, 250 Howe Street, Vancouver, BC V6C 3R8.

We have this team assembled: Yuriy Sorokin, CEO. Mike Goryunov, CMO. Egor Razumovsky, CTO. Katie Campisano, Head of Communications. Artem Koltsov, Tech Lead, and so on.

Customer support

The developers provide support via Discord, Twitter, and Telegram.

Public reviews

There are no testimonials written about the system.

3Commas review: upsides and downsides

Upsides 

• Automatic trading
• We can start working without previous trading experience
• Affordable pricing

Downsides 

• No team revealed
• No risk or money-management advice given
• No trading results provided