Reverse GRID Bot is a trading bot designed for making profits on the crypto market. We can find over 12 robots in the developers package. We don’t know for sure how good any of them is because there are no verified results available.

Reverse GRID Bot: what is it?

The system is based on a Grid of orders strategy that allows it to place some extra orders if the robot is convinced about where the market goes.

Background of Reverse GRID Bot

The system was created in June 2020. The developers could update the system several times. There’s a Pionex exchange behind this service. We can work from any of the US states excluding Arizona, Arkansas, California, Massachusetts, Mississippi, Missouri, Montana, New Jersey, Texas, Utah, Washington, Wisconsin and Wyoming. 

Official Reverse GRID Bot website

The site looks simplified because it doesn’t have enough explanations about how the Reverse GRID Bot works.

How does it help to make money?

Let’s talk about the features, settings, and other details that would help us to understand how the system is going to be profitable.

  • The bot can work absolutely automatically for us.
  • It increases the number of tokens held by the bot and reduces the cost of holding the bot.
  • The reverse Grid uses the base currency in every pair to understand how much the system obtains.
  • We can create a reverse Grid based on the pinex site functionality.
  • The system checks the upper and lower prices to work only in the tunnel between them.
  • It’s possible to customize advanced settings either if we have proper trading experience.
  • There are Stop Loss and Take Profit levels provided to protect orders on the market.
  • We can work only with slippages that we want.
  • There are several ways to create Grids of orders.
  • The system can work only with ETH or ETH+USDT to create grids of orders.
  • It’s possible to create our own bots based on the reverse Grid strategy.
  • The profits in reverse grids are obtained in USDT and withdrn also in USDT.
  • When the system reaches SL or TP level the advisor uses all USDT to buy all ETH at the market price.

How easy to use is it?

The system is pretty complicated as for using and customization. For non-professional traders, it would be impossible to figure out everything.

What about the privacy and security of Reverse GRID Bot?

The security is average. The system doesn’t have access to withdraw our deposit.

What is the profitability of Reverse GRID Bot?

We have no idea how good the system works. The developers avoided providing us backtest and verified trading results.

What exchanges does it support?

The presentation only mentions Binance as an exchange where we can work.

How is customer service?

The developers provide average support via Telegram, Discord, and Facebook.

What are the pros and cons of trading with Reverse GRID Bot?

Pros

  • The system is available for free

Cons

  • No team revealed
  • No risk or money-management advice given
  • No backtest reports or trading results provided
  • The presentation lacks of features explanations

Is Reverse GRID Bot right for you?

It can be useful only if you have proper experience of working with a trading solution like this. For many, it’s hard to understand not only how a strategy works but also how the system should be customized to be profitable.

Reverse GRID Bot conclusion: complicated solution

Reverse GRID Bot has a simple presentation that includes only explanations about the strategy behind it. We have no details about customization, risks, money-management, backtest reports, and so on. Also, the developers don’t provide us with trading results that would convince us that the system is good to be used on our account.