NapBots Review: Cryptocurrency Automated Arbitrage Bot 

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NapBots

NapBots is a platform that is highly rated by investors around the globe. It offers affordable pricing plans and has been featured extensively in popular news updates. In this review, we are going to analyze the different aspects of this system to see whether it is reliable or not.

NapBots detailed analysis 

This is an automated trading system that claims to let you take advantage of the market without any stress. Since it is 100% automated, there is no chance of getting influenced by emotions. As per the vendor’s claims, the trading schemes of this platform are ideal for all investment styles and levels. 

How NapBots works  

This system connects to your exchange account with API keys. There is a multitude of indexes and bots you can choose from. To bypass the learning curve, you can copy the presets of other traders and test the performance in the simulator.

Registration process 

  1. Choose the subscription plan that best suits your requirements
  2. Connect to your exchange account
  3. Choose from the list of supported exchanges and follow the instructions to connect your API key Select a bot from the list of indexes and strategies
  4. Once you adjust the starting amount, you can activate the bot and start trading

Is it easy to use?

The website is easy to navigate and all the information about the system can be easily accessed. Beginners will find this platform easy to use, thanks to the copy trading feature and the readymade strategies. They can easily engage in trading activities, even without any technical knowledge.

NapBots key highlights 

You don’t need any trading skills to get started with this platform. It remains active 24/7, placing trades on your behalf. With the top crypto indices, you can lower risk and save time. Once you have finalized the bot strategy, you can test the performance in a simulated environment with zero risk. 

Services offered by NapBots

For newcomers and holders, this platform offers crypto indexes. Day traders can make use of mean-reversion bots, AI bots, and altcoin bots. 

Are traders satisfied with the trading performance of NapBots?

User review for NapBots on Trustpilot
User review for NapBots on Trustpilot

NapBots has an excellent rating of 4.0 out of 5 based on 186 reviews. Users have praised the performance of the bot and the efficiency of the support team.

Does it have a native token?

At this moment, there is no native token for this trading platform.

NapBots user interface 

The user interface is highly intuitive and it presents you with a clear overview of your portfolio. You can follow all the latest prices and easily manage your subscription.

Is it a good bet for its price?

The Silver, Gold, and Platinum plans are quite affordable at €16/month, €41/month, and €83/month, respectively. All of them come with 7-day free trials.

What exchanges does it support?

Supported exchanges include Binance, FTX, Kraken, Okex, Huobi, and Bifinex.

NapBots trading assets

NapBots lets you trade in popular assets like BTC, ETH, LTC, and others.

Are there any fees?

Apart from the subscription fees, there are no added commissions.

Withdrawal process

This platform does not have permission to withdraw your funds.

NapBots: is it legit?

Yes, it is a 100% legitimate platform that has been featured in media outlets like Coindesk, Benzinga, Forbes, and Cointelegraph. 

What kind of security does NapBots offer?

You have full control over your assets. NapBots uses secure API keys to connect to exchanges.

Is NapBots regulated?

No, it is not regulated by any financial authority.

The lack of a steep learning curve makes this system suitable for beginners who can simply copy the strategies of others to get started.

NapBots customer support 

You can contact support via email, phone, and contact form.

How does NapBots reputation look?

This platform was launched in 2020 and its headquarters is located in Paris. Unfortunately, the vendor has not revealed the identities of the team members. As such, there is no way to determine whether the team members have the required experience to develop a reliable system.

NapBots Crypto Bot

NapBots
3.7 5 0 1
This platform offers all the necessary features for crypto traders. It has affordable plans and a copy trading functionality that lets you start without any prior experience. Nevertheless, compared to other systems, it does not support as many exchanges. Also, there is a lack of information on the team members.
This platform offers all the necessary features for crypto traders. It has affordable plans and a copy trading functionality that lets you start without any prior experience. Nevertheless, compared to other systems, it does not support as many exchanges. Also, there is a lack of information on the team members.
3.7 rating
3.7/5
Total Score
  • Total Score
    4.0 rating
    4/5 Good
  • Features
    4.0 rating
    4/5 Good
  • Supported Exchanges
    3.0 rating
    3/5 Neutral
  • Price
    4.0 rating
    4/5 Good
  • Security
    3.0 rating
    3/5 Neutral
  • Customer Support
    4.0 rating
    4/5 Good

The Good

  • Affordable plans
  • Free trial
  • Proven crypto indexes

The Bad

  • Lack of vendor transparency
  • Only six exchanges supported
Total
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