Botee.Trade Review: Cryptocurrency Automated Bot

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Botee.Trade

Botee.Trade is a cryptocurrency bot that trades 24/7 by scanning the market for favorable conditions on autopilot. It provides investors with highly configurable parameters and settings based on their needs. The platform claims to have a user-friendly graphical user interface and a comprehensive analytics dashboard. We will outline the security, features, strategies, benefits/drawbacks, and profitability of the platform. Our review will help new users decide whether or not they should trade with this automated trading bot.

Botee.Trade detailed analysis

Botee is a cloud-based software that you can use on the web or download from the Google Play and Apple app stores. Backtesting, paper trading, smart charting, and more services are available through the platform. Multiple trading methods, such as DCA and Trailing stop, are also provided by the bots.

How Botee.Trade works

Botee.Trade operates by analyzing the market and placing buy/sell orders based on technical indicators such as the MACD, RSI, Bollinger Bands, etc. Different indicators can be combined into one approach to make it more effective in accomplishing your targets.

Registration process

Botee.Trade allows traders to begin trading right away. Follow these steps to start with the platform:

  1. Create an account on the website.
  2. Subscribe to a pricing plan
  3. After receiving the provider’s verification email, choose an exchange and add API keys.
  4. Select a trading pair as well as a candle period.
  5. Configure or edit your strategy, or select a template from the list.
  6. Start trading after you’ve uploaded the parameters.
Registration process
Registration process

Is it easy to use?

According to the website Botee.Trade is a trading bot built for experts. The editor allows you to customize the settings and parameters of your algorithm. This requires basic knowledge of coding. For beginners, it is recommended to use a free trial and understand its functions.

Botee.Trade key highlights

Botee.Trade includes the following features:

  • Customizable smart charts are available on the platform.
  • You can use two indicators within a single strategy.
  • The algorithm runs on the cloud.
  • Backtesting is free.
  • The software is aimed at professional traders.

Services offered by Botee.Trade

Botee.Trade offers a 7-day free trial to help you better understand the platform. The platform is accessible from a smartphone or tablet, so you do not need a PC or laptop.  With unlimited paper trading, you may test your strategy on virtual deposits.

Backtesting 

Botee.Trade offers a free backtesting feature but lacks live backtesting results on its website. After signing up, you can access this feature to see profits/losses and a list of positions and orders for the historical data. 

Backtesting at Botee.Trade
Backtesting at Botee.Trade

Does it have a native token?

Botee.Trade is a crypto trading bot rather than an exchange; it does not have a native token.

Botee.Trade user interface

Botee.Trade has a standard user interface and a comprehensive analytics dashboard. The platform is available in English and can be utilized on any system, including mobile phones.

Is it a good bet for its price?

Botee has four different pricing options. A free trial is included for seven days with a maximum $1000 deposit. Backtesting, paper, and live trading are included in all packages, and some have additional features such as end-to-end analytics and support. You can only purchase the subscription plans in Bitcoin.

  • Standard: $60 per month
  • Advanced: $120/month
  • Premium: $270/month
Subscription plans of Botee.Trade
Subscription plans of Botee.Trade

What exchanges does it support?

Binance and Bitfinex are the only exchanges supported by Botee.Trade as of now.

Botee.Trade trading assets

The platform does not provide a list of supported trading pairs. This is a poor practice from the developers.

Are there any fees?

Botee.Trade does not charge any additional fees or charges. Trading costs will depend on your exchange fees.

Withdrawal process

As a security measure, Botee.Trade does not have withdrawal permission and encourages traders not to enable it within the API keys.

Botee.Trade: is it legit?

Botee.Trade lacks customer reviews on trusted websites like TrustPilot, and the website does not mention any reputable media outlets or platforms featuring this bot. We cannot verify users’ trading experience, raising doubts about its reliability.

What kind of security does Botee.Trade offer?

Botee.Trade uses a variety of security procedures to keep its users’ money and accounts safe. The assets remain on your exchange, and withdrawals are not permitted. The bot utilizes API keys and dedicated trading servers. 

Security of Botee.Trade
Security of Botee.Trade

Is Botee.Trade regulated?

The platform lacks any details about the regulation of its software by any authority.

Botee.Trade is ideal for experts because it allows them to edit their strategies easily by custom coding. Beginners should be aware of the risks associated with the unpredictable crypto market and start with a free trial to familiarize themselves with the platform.

Botee.Trade customer support

Customer support is available in the following options:

  • Email 
  • Phone 
  • Telegram, and Discord groups.
Support at Botee.Trade
Support at Botee.Trade

How does Botee.Trade’s reputation look?

The official website lacks vendor transparency and information about the company’s location. It just describes the history of Botee.Trade by stating that it was first made available to the public in the middle of 2018.

Botee.Trade Crypto Bot

Botee.Trade
2.4 5 0 1
Botee.Trade is more suitable for professional traders who have proper market experience. We couldn't locate any customer reviews on reputable sites to examine former traders' experiences, implying that there aren't many people who trade with it. There is no refund policy, and the lack of vendor transparency raises questions about the legitimacy and genuineness of the platform.
Botee.Trade is more suitable for professional traders who have proper market experience. We couldn't locate any customer reviews on reputable sites to examine former traders' experiences, implying that there aren't many people who trade with it. There is no refund policy, and the lack of vendor transparency raises questions about the legitimacy and genuineness of the platform.
2.4 rating
2.4/5
Total Score
  • Features
    3.0 rating
    3/5 Neutral
  • Supported Exchanges
    2.0 rating
    2/5 Bad
  • Price
    2.0 rating
    2/5 Bad
  • Security
    3.0 rating
    3/5 Neutral
  • Customer Support
    2.0 rating
    2/5 Bad

The Good

  • Free backtesting on historical data
  • It supports margin trading with leverage

The Bad

  • No client feedback
  • No verified trading results
  • Pricing plans are expensive
  • No money-back guarantee
  • Lack of vendor transparency
Total
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