Botsfolio Review: Cryptocurrency Automated Hedge Trading Bot 

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Botsfolio

Botsfolio promises efficient crypto trading with its powerful bots. The service provides fully configured bots that do not need any input from the user. Automatic deployment of the bots with professional investment strategies occurs when they are activated. As per the vendor, the service automatically diversifies your investment into short and long-term strategies depending on the risk level and financial objectives you have.

Botsfolio detailed analysis

The platform provides automated bots that are equipped with the best risk management and work on autopilot. They diversify your capital based on your risk and financial goal settings ensuring profitable results.

How Botsfolio works

On registering with the service and activating the bot, it will work 24/7 scanning the market to identify accurate entries. It is not necessary to create a new strategy or set up the bot as everything is fully automated.

Registration process

Here is a short user guide on how to get started with the service:

  1. Decide your investment goal by answering a few questions. This will help the bot allocate your funds to different strategies
  2. Add the required funds to your exchange account and link the account with the service
  3. The bot will automatically start trading and you can track the activity on the visual and intuitive dashboard

Is it easy to use?

The website is well designed with simple and easy-to-navigate features. Beginners will find the setup easy to use.

Botsfolio key highlights

Some of the significant features this platform boasts are:

  • No technical knowledge is needed to use the bots as they are automatically deployed with effective strategies.
  • The service does not have control over your funds and it cannot transfer or withdraw.
  • Risk management intelligence is integrated into the bots to safeguard your capital and boost profits.
  • The service offers a mix of long- and short-term approaches to diversify your investmen

Services offered by Botsfolio

Four different strategies are offered by the platform namely value investing, hedged trading, futures trading, and fixed income methods.

Are traders satisfied with the trading performance of Botsfolio?

The vendor provides performance reports of the bots claiming that they can generate an ROI of 7.95% per month. However, these are not verified results so we are unable to assess the efficacy of the approach and the performance.

We found 28 reviews for the company on the Trustpilot site with a rating of 4.0/5. Here are a few of the user feedback:

User review for Botsfolio on the Trustpilot site
User review for Botsfolio on the Trustpilot site
User review for Botsfolio on the Trustpilot site
User review for Botsfolio on the Trustpilot site

While one user complains of his account being inactive and poor customer support, another user is happy about the automated bots and their ease of use.

Does it have a native token?

The service includes automated bots that trade for you via API keys. It does not have a native token.

Botsfolio user interface

The user interface is designed to be easy to navigate even for beginners without any experience in trading.

Is it a good bet for its price?

The pricing plans are based on the value of your portfolio. For a value ranging from $1.0k to $3.0k, the pricing is $4.75 per month. For the value ranging from $3.0k to $10.0k, the cost is $9.50 per month. You need to pay $14.25/month for a value ranging from $10.0k to $50.0k and $19 per month for the portfolio value starting from $50.0k to $100.0k. An additional 15% fee is charged as  a performance fee every quarter on the profits. When compared to the market average we find the pricing is expensive.

What exchanges does it support?

Binance, Coinbase Pro, and OKex are the main exchanges this service supports. However, the vendor mentions that the bot integration is mainly with the Binance exchange.

Botsfolio trading assets

The main assets traded on the platform are ETH, USDT, FIL, ENJ, XRP, XLM, and more.

Are there any fees?

A performance fee of 15% is charged by the service every quarter on the profits made by the bot.

Withdrawal process

The company does not control your withdrawal and deposits as it can only trade from your crypto exchange.

Botsfolio: is it legit?

We could not find verified performance proof and license information for the company that can help in assessing the legitimacy of the company.

What kind of security does Botsfolio offer?

As per the vendor, the bot has trading access only and hence your funds on the exchange are safe and secure.

Is Botsfolio regulated?

The vendor does not provide info on the regulation and licenses it has acquired for trading crypto.

A user-friendly interface, fully automated bots, and diverse strategies are important features that make the platform beginner-friendly.

Botsfolio customer support

For support, the vendor offers an FAQ section, a blog, a Telegram channel link, and an email address. 

How does Botsfolio reputation look?

The company is part of KribX Inc., in the United States. The vendor does not offer further details on the company like its foundation, team members, etc.

Botsfolio Crypto Bot Overall Review

Botsfolio
3.8 5 0 1
Botsfolio is a crypto bot offering full automation and profitable strategies. The different types of strategies, easy navigation, and diversified risk management are the key benefits of the system. However, the lack of vendor transparency, expensive pricing, and the absence of a proven track record are downsides that you need to consider.
Botsfolio is a crypto bot offering full automation and profitable strategies. The different types of strategies, easy navigation, and diversified risk management are the key benefits of the system. However, the lack of vendor transparency, expensive pricing, and the absence of a proven track record are downsides that you need to consider.
3.8 rating
3.8/5
Total Score
  • Features
    5.0 rating
    5/5 Amazing
  • Supported Exchanges
    3.0 rating
    3/5 Neutral
  • Price
    3.0 rating
    3/5 Neutral
  • Security
    4.0 rating
    4/5 Good
  • Customer Support
    4.0 rating
    4/5 Good

The Good

  • Fully automated bots
  • User-friendly interface

The Bad

  • No verified performance proof
  • Expensive pricing
  • Lack of vendor transparency
Total
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