Gunbot Crypto Trading Bot 1 week report! by CryptoTechJester a k.a MarcB Coinmonks

cryptocurrency trading

The software is very complex and it takes a bit of time to understand the way it works and how the code behind the interface does what you tell it to do. You need to understand that it is not AI, it is just an extension of your mind which will save you a lot of screen time. It all depends on you because it will do exactly what you tell it to do. You need to set all permissions, except withdrawals, for Gunbot to fully trade on your behalf and make profits.

  • Whether you use one of their many proven templates or create a fully custom bot, 3Commas gives traders the power to profit from any market condition.
  • It allows users to build up low-risk strategies and execute orders across multiple crypto exchanges, markets (spot & futures), and pairs from a user-friendly interface.
  • He started HedgewithCrypto to publish informative guides about Bitcoin and share his experiences with using a variety of crypto exchanges around the world.
  • Once a user has made a trading plan with a list of exchanges to trade on, they need to install Gunbot on their computers or mobile devices.
  • Prior to my purchase, I did some research on the Gunbot product and found an overwhelming number of positive reviews, so I went for the buy and i’m glad I did.

There are a ton of free trading strategy presets included with Gunbot that can be used right away with just a few little adjustments, such as setting the limit on how much it can spend. An infinite number of unique strategies can be developed. Yes, the Gunbot app works for users to customize bots and trading strategies and share these strategies with other traders on the platform. Gunbot is a powerful trading bot for Coinex and other exchanges.

Automated trading system

You may manage your trading methods, assign them to commerce pairs, and make quick modifications using the UI. All recent trades and secure crypto wallet balances are displayed on the dashboard. It is simple to optimize your custom strategies using this commerce visualization and generate profits. You can manually place orders through the Gunbot interface if you GAL don’t want to wait for the bot to do so. Gunbot has amazing Addons like Tradingview, Simulator, Backtesting and Defi. DeFi feature allows Gunbot to trade on decentralized exchanges.

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You may incorporate numerous trading algorithms and technical indicators into your bots thanks to the TradingView integration. Their specific built-in Terminals may also be used to develop DCA and Spread tactics. Some traders notice that by the time they have done all the necessary things needed to use a bot, they no longer need the services.

Crypto Trading Bots

Regular buy orders, Regular sell orders, DCA buy orders are few Order types that permit additional trailing. “I was a bit sceptical regarding trading bots overall, after doing my fair share of research i came across Gunbot and now 5 month later I still happily use it on a daily basis.” All you have to do is configure the pre-set settings, pick your pairs, connect Gunbot to your favourite exchange and start earning within minutes!

  • We recommend that you set a trading stop loss and limit before you begin trading to avoid significant losses.
  • Gunbot automates crypto users’ trades via preset trading strategies and rules on the platform.
  • Lost a little bit at first but definitely worth the investment for people who are serious.
  • Yes, the Gunbot app works for users to customize bots and trading strategies and share these strategies with other traders on the platform.

Although, since the gunbot trading bot installed a client on the users’ PC, it does not have access to users’ funds or information. To link Gunbot to their exchange account, investors only need to enter their API key and secret. The API secret, however, is kept on the investor’s device for security reasons. As a result, only the user can access their API and other account information.

Which crypto exchanges does Gunbot support?

Compared to other strategies there are hardly any configurable options, its default behavior is battle tested. I enjoy helping others reach their music and crypto goals. Copyright © 2017 CryptoDailyTrading Inc. – Authorized Gunbot Reseller.

This is a crypto trading bot that hosts its services entirely on the cloud. That way, it can help you catch short periods of downtime that will have resulted in missed profits. This tool is an excellent option for mobile and high-volume traders. The main product of Pionex is the trading bot selection, even though it supports manual trading using crypto-to-crypto conversions. This bot executes traders’ buy and sell orders with no manual input but with predefined market conditions.

Gunbot Frequently Asked Questions

The trading strategies can also be modified to suit the user’s needs by altering some parameters. This platform makes the user experience better while trading. Trality is one of the most popular trading bot platforms globally, both for beginner and advanced crypto investors. Gunbot is user-friendly, easy to set up, and has many different customizable strategies for every type of trader/risk profile. On their marketplace, you can even find free, profitable ‘plug & play’-strategies ready to go.


This helps newcomers with limited crypto experience get started trading. The Gunbot website and built-in tools can function on multiple computer platforms and operating systems. The app can run on ARM, Windows, mac OS, or Linux-based devices. That means users can access the platform from any computer because the software is not particularly licensed for any specific device.


After gunbot trading boting your exchange accounts through API, you’ll be able to replicate trades across all accounts with a single click. The platform provides detailed statistics that are calculated and shown on the Dashboard so traders can keep track of gains and trade more effectively. A software program capable of trading cryptocurrencies on cryptocurrency exchanges on a users behalf. You only need to enter your API key and secret to link Gunbot to your exchange account. The API secret is only kept on your machine for security purposes.

A strategy in Gunbot is a collection of settings that can be assigned to one or more trading pairs. These pairs will then trade according to the assigned settings. The most important factors of a strategy are the buy and sell methods, these define the logic for buy and sell orders. Gunbot has 17 different methods for executing buy and sell orders. These can be freely combined, where one method is being used for buying and another for selling. Each method has its own wiki article describing the exact logic and explaining all available strategy parameters.

All Gunbot strategy options are included with the Pro license. You XLM always have control over which exchange you utilize your bot because of the API slot system. With this plan, switching to a different exchange or API key is simple and cost-free. Additionally, you get access to AutoConfig, a special function that enables you to automate configuration changes such as adding pairings and altering strategy settings.

Gunbot is a trading bot with in-built or custom trading strategies that can be automated. Bitcoin Loophole is an AI trading platform that analyzes the market trends on behalf of the trader and executes trades accordingly. The platform is created by professionals who are experts in the crypto field. The software has dynamic features that make it easy to use and yield high-quality trading signals for traders to make a profit without spending too much time on the platform. The interface is web-based and allows easy access through the browser of any device.

Is Gunbot free?

Gunbot software updates are free. There is no need for a subscription for their automated trading systems. For Gunbot Lifetime updates and licenses, all the novice users need to pay a one time license fee.

This even makes it possible to certain components of a strategy, like trading with a dynamic gain target. Even better, you can adjust one pair’s settings while keeping an eye on another. I purchased the robot two days ago and it works better than expected.

gunbot trading

We’ll be reviewing two products Gunbot and Bitcoin Loophole which use bots to help traders trade. Read on to find out how these products fit into trading and how each helps you increase your efficiency and earning potentials. Automated bots can be run on the most popular crypto exchanges.

How do you use a Gunbot?

  1. Install Gunbot on your computer or VPS. Works on Windows, Linux, macOS, Raspberry Pi.
  2. Connect to the exchange API. To connect Gunbot to your exchange account, you only need to enter your API key and secret.
  3. Select trading pairs.
  4. Configure a trading strategy.
  5. Start running your bot.

That’s why as a successful trader you should always watch the markets. Gunbot’s unique combination of security, customization, and multi-exchange trading capabilities makes it one of the most versatile and effective crypto trading bots available. Gunbot uses a combination of technical indicators and market analysis to determine when to buy and sell cryptocurrencies. Traders can customize the bot’s trading strategies according to their specific needs, which helps them make predictable trades to maximize their profits. Once accustomed to the platform, we found that configuring bots and entering orders was seamless on the Gunbot trading terminal. It simplified the monitoring of trades by showing all trading pairs and investments across different exchanges in one place, eliminating the need to open and scan various assets.

We provide support via Telegram group, email, Whatsapp and Skype. Apart from our Telegram support group, we offer personalized 1 on 1 support, including remote support via Teamviewer. On the other hand, our dev team is constantly working on releasing new improved versions. Our goal is to keep adding new features, trading strategies and make the most efficient bot possible. Every trader wants to make better trades and make more gains and that’s why an automated trading robot is very useful.

Through Telegram, a user can communicate with their trading bot. They can track gains and obtain profit/loss information for all of your trading pairings with a Telegram profile. On the fly adjustments can be made, such as enabling or disabling pairs. You can also receive push notifications for each deal that is completed. Additionally, a user can quickly keep track of recent trades and even filter them by pair. Gunbot provides 20 various ways to execute orders, and you can combine any of them to create unique trading strategies.