HodlBot Review: Cryptocurrency Automated Portfolio Rebalancing Bot 

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HodlBot

HodlBot assures efficient and hassle-free trading with its customizable crypto bots. The crucial features of the platform include: the facility to index the market, form customized portfolios, and portfolios’ automatic rebalancing.

HodlBot detailed analysis

The crypto service promises profitable portfolio growth with its effective software designed for portfolio management. As per the vendor, the platform boosts your portfolio on par with the advanced investors in the world.

How HodlBot works

Your trading experience is made simple with the bot. It enables you to manage your portfolio without the hassle of connecting with your exchange directly. Instead, you can manage your assets on the platform making the process simple and quick.

Registration process

Here is a short but comprehensive user manual on getting started with the bot:

  1. Visit the official site and use the signup button on the top right corner to register
  2. Once you have provided the details for registration you will receive the login credentials using which you can access the features of the site
  3. Connect the software to your exchange using securely encrypted API keys
  4. Choose a custom portfolio using advanced metrics or use an existing strategy
  5. The bot automatically rebalances your portfolio keeping it on track

Is it easy to use?

User-friendly navigation is present enabling you to access the features effortlessly.

HodlBot key highlights

Important features of the service are:

  • It offers the HODL indices which help in diversification to reduce risk and boost returns.
  • You can create customized portfolios with advanced market metrics and make a crypto index made of the top-rated coins.
  • The bot rebalances your portfolio automatically and reduces risk.  

Services offered by HodlBot

Automatic rebalancing, Crypto indexing, Portfolio management, and automated trading are the main services the platform offers.

Are traders satisfied with the trading performance of HodlBot?

User review for Hodlbot on the Trustpilot site
User review for Hodlbot on the Trustpilot site

We found one review for the service on the Trustpilot site. As per the feedback, the user is not satisfied with the performance of the bot and the support offered.

Does it have a native token?

No, the service does not have a native token.

HodlBot user interface

The user interface is beginner-friendly allowing you to access the various features and functionalities effortlessly.

Is it a good bet for its price?

Tiered pricing is present for using the platform based on the size of your portfolio to enable affordability for smaller account size users. For accounts of value less than $500, the cost is $3 per month. The cost is $6 per month for accounts of value ranging from $500 to $1000. For accounts over $1000, the cost is $14 per month. The service is free for accounts that are under $500.

What exchanges does it support?

Kraken, KuCoin, Binance, and Bittrex are the main exchanges this service supports.

HodlBot trading assets

The platform supports a large number of popular cryptocurrencies. The HODL indices provide a list of the best-rated crypto coins that help in efficient trading.

Are there any fees?

No, the platform does not charge fees for transactions.

Withdrawal process

The bot is just software to enable automation. Deposits and withdrawals are done on the exchange account only.

HodlBot: is it legit?

As per the vendor, the platform has a trading volume of more than 50 million and more than 400000 transactions. It has more than 10000 users and over 20000 custom portfolios. While the data looks impressive, there is no verified proof of performance to back it.

What kind of security does HodlBot offer?

The platform uses HMAC SHA-256 encryption for the protection of user data. It does not have withdrawal permission so your funds are safe on the exchange.

Is HodlBot regulated?

We could not find info on the regulations and licenses the company has acquired as the vendor does not provide the info.

The service is best suited for accounts under $500 as the cost is free and the features are diverse ensuring a seamless experience. Larger account holders can also benefit from the crypto indexing and portfolio management features.

HodlBot customer support

For support, a Telegram group, a blog, an FAQs section, and a link to Twitter are present.

How does HodlBot’s reputation look?

We could not find info on the company, its founding year, team members, location, etc. The absence of vendor transparency prevents us from assessing the reputation of the service.

HodlBot Crypto Bot

HodlBot
2.6 5 0 1
Hodlbot offers a diverse range of features that are beneficial to crypto traders like fully automated trading, rebalancing and management of the portfolio, and much more. However, the limited exchange support, lack of a proven track record, and the absence of vendor transparency are factors you need to consider.
Hodlbot offers a diverse range of features that are beneficial to crypto traders like fully automated trading, rebalancing and management of the portfolio, and much more. However, the limited exchange support, lack of a proven track record, and the absence of vendor transparency are factors you need to consider.
2.6 rating
2.6/5
Total Score
  • Features
    3.0 rating
    3/5 Neutral
  • Supported Exchanges
    2.0 rating
    2/5 Bad
  • Price
    3.0 rating
    3/5 Neutral
  • Security
    3.0 rating
    3/5 Neutral
  • Customer Support
    2.0 rating
    2/5 Bad

The Good

  • Fully automated bots
  • Free for accounts under $500

The Bad

  • Lack of vendor transparency
  • No verified performance proof
  • Limited exchange support
Total
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