Napbots offers automated crypto trading solutions that can be used to make profits on the crypto market. The presentation includes general information about what we should expect from it. So, we have decided to check everything out.
Napbots: what is it?
Napbots offers crypto robots that design trading strategies to increase investment returns. It doesn’t require us to have any previous trading experience.
Background of Napbots
The presentation includes some explanations about what we have to expect from this service. So, we grouped them up in the list:
- The systems can support automated orders execution on our terminal.
- NapBots is a trading bots platform that develops various trading strategies, so everyone can use them.
- We can work through API connections.
- NapBots was launched by experienced quant traders who formerly managed several billion euros worth of assets under management at tier one financial groups.
- We can’t prove this claim. So, we are allowed not to trust it.
- The platform focuses on the most liquid currencies.
- We can work with various time frames.
- It offers thematic exposures with indexes.
- There are long and short strategies applied.
- It works with trends and various reversal strategies.
- There is consistent research delivered to be in touch with the market.
- The marketplace allows us to pick the best strategies for us.
- There are various packages provided that can fit us in the best way.
- We can rebalance our portfolio to keep it high.
- The system works with our account only through API keys.
- We can work with many exchanges at once.
- It’s possible to design our own strategies.
Official Napbots website
- NapBots is a trademark of CoinShares Technologies Limited, a CoinShares International Limited subsidiary.
- The website has a well-designed UI (user interface).
- The platform includes various information about features, FAQ, and a blog to help us with choosing the right bot.
How does it help to make money?
- The system doesn’t require us to have any trading experience.
- We don’t need coding skills to be profitable.
- The robot will work for us automatically.
- The interface is easy to use.
- There are sophisticated algorithms applied.
- It is possible to find a solution for any trading style and volume.
- There are bots like altcoin bots, pre-built bots, AI bots, trend following bots, mean-reversion bots, etc.
- We have a free trial plan without hidden fees.
- The platform is used by over 12,000 users.
We have a Silver plan for 19 EUR monthly. The Gold plan costs 49 EUR monthly. The Platinum plan costs 99 EUR monthly. Each plan comes with a 7 days free trial. We can rely on unlimited exchanges support, unlimited daily bots, unlimited indexes, leverage, unlimited weekly bots, unlimited hourly bots, support via email and phone, an unlimited number of pre-built bots, $1000 max investment capacity, carefully selected external bots, $3000 max investment capacity, early access to new strategies, $5000 max investment capacity. The yearly Silver plan comes for 16 EUR/month, Gold for 41 EUR./month, and Platinum for 83 EUR/month.
How easy to use is it?
The system looks easy to use because we can be connected with many already designed strategies and bots.
What about the privacy and security of Napbots?
The system looks pretty private because we will be working with the market through API keys only. So, bots won’t have access to withdrawing our account.
What is the profitability of Napbots?
We have no idea. The platform doesn’t provide us with functionality of checking profitability.
What exchanges does it support?
It provides automated execution for major crypto platform users such as Binance, FTX, Kraken, Huobi, OKEX and Bitfinex through API connection.
How is customer service?
The developers provide average support via email. We can expect to get our questions answered within several hours.
What are the pros and cons of trading with Napbots?
- There are various bots provided
- Different strategies developed
- We can design our own robots
- Various packages available
- No risk details given
- No money management advice provided
- No backtest reports available
- No trading results shown
- No people’s testimonials available
Is Napbots right for you?
It’s up to you. Without trading results we can’t claim for sure.
Napbots conclusion: platform with various bots
The platform provides various bots that include different strategies to make profits on the market. We have some details explained. The offers include various rental options. Alas, we don’t have trading results and backtest reports to understand how profitable they are. Also, we don’t have verified testimonials that would claim that we are safe with those solutions.