Botee. Trade is a crypto trading bot that remains active 24.7, trading in altcoin and bitcoin. According to the vendor, this platform lets you optimize your strategies and trade with a greater degree of efficiency. In this Botee. Trade review, we shall analyze the different aspects of the system to determine whether it is truly reliable.
This platform was born in 2018, but we know virtually nothing about the company behind it. The vendor has not shared the physical address on the official website. If you wish to get in touch with the team, you can email them at [email protected] or call on +44 7509 782333.
Botee. Trade overview
The vendor has listed all the main features on the official website, also providing short explanations for each of them. We have some information on the company, the user interface, configuration, and trading strategies. Finally, there are the various pricing details for the software.
On this platform, you will find customizable charts. Thus, you can arrange the trading data and indicators as per your convenience. You can combine the backtesting and live trading results on the chart to optimize your strategy. Botee. Trade has some tools that allow you to create your own strategy.
The indicators available on this platform include Stochastic RSI, Stochastic, RSI, Bollinger Bands, and MACD. You can create a strategy using different indicators and use dynamic stop losses. It is also possible to set triggers on price drops and indicator values. You can choose different periods for the indicators and configure the bots as you like. There are customization options for DCA and the core strategy.
You don’t need to turn your computer on in order to access this platform since it is cloud-based. It works on smartphones and sends you notifications through Discord and Telegram. There is only one payment option for this platform, and that is Bitcoin. This might not be suitable for all kinds of traders.
The idea behind Botee. Trade
There is no mention of a mission statement on the official website, which is a bit disappointing. It gives crypto traders more confidence to invest in a platform that has a motto they can stand behind. The lack of any such statements means this company is merely trying to make money through its product.
The core team
It is vital for all crypto platform vendors to share some information related to the individuals working for the company. Crypto traders look for platforms that are built by experienced individuals with great track records. Not revealing the identities of the team members indicates a lack of vendor transparency.
Safety of Botee. Trade and the network
Botee. Trade is an automated platform that does not have permission to withdraw your funds. You can create your own API keys for exchanges like Binance and Bitfinex and add them to the platform. The platform has dedicated trading servers and different hosting providers. There is no mention of encryptions, so we are not sure whether your personal data is safe with this platform.
There is a free trial plan for this service, but it has a deposit cap of $1000. The Standard plan costs $60 per month and it allows for a maximum deposit of $10,000. With an Advanced plan, you get a maximum deposit limit of $100,000 by paying a monthly fee of $120.
Finally, there is the Superior plan that is priced at $270 per month. This gives you a maximum deposit limit of $300,000, along with priority support, end-to-end analytics, and other advanced features. None of the paid plans are cheap, and very few traders will be willing to spend this much money on a system for which there is limited information. Also, the vendor does not offer a money-back guarantee.
There are no user reviews for this crypto platform on third-party websites. Clearly, it lacks a reputation, which makes it difficult for us to rely on it for day-to-day trading.
Is Botee. Trade a legit investment service?
Our VerdictOur Verdict
- Free backtests
- Advanced customizations
- Lack of vendor transparency
- Expensive pricing plans
- Lack of customer reviews