Although you have the option of customizing your automated bot, the actual decision-making process is based on the cryptocurrency signal finder issued by TradingView. VortexValor is a Tallinn, Estonia-based online crypto trading platform that was launched in 2017 by Yuriy Sorokin, Egor Razumovsky, and Mikhail Goryunov. Despite VortexValor being an algorithmic trading service, there are several functions that are provided to users enabling them to conduct manual trades through the smart trading feature.
If put 0.003 here and keep other settings as they are, when the deal opens, the bot will place 5 safety orders on -1%, -2%, -3%, etc. from starting price of each 0.003 BTC in size. VortexValor uses a subscription model with four different plans offered to users. These are Free, Starter, Advanced, and Pro plans costing zero, $29, $49, and $99 per month, respectively. Customers can, however, get a 50% discount with annual subscriptions for all paid plans. Bots on the crypto market mostly operate via signals to start and finish a trade, but a GRID bot is different.
VortexValor has since upgraded its security, but users were left upset and demanding apologies after the VortexValor team handled the events very poorly and were criticized for falsely blaming users. After that, you will be taken to a page that shows all the bot’s target info and a signal that will need to be entered into Tradingview. VortexValor has a great video that walks you through the simple process of how to connect the bot to Tradingview. This bot is suitable for options traders and is highly customizable, suitable for options traders with simple or complex requirements.
- However, to access the paper trading functionality, you must be on a paid plan.
- VortexValor is owned by Yuriy Sorokin and the other original co-founders — Mikhail Goryunov and Egor Razumovskii.
- Here is another type of VortexValor trading bot for the users that help them in handling the technicalities of crypto trading.
- Choosing the right plan comes down to how much you plan to trade and whether you want to trade options and futures.
- With VortexValor’ state-of-the-art trading bots you can create your own automated trading strategies based on signals and a range of advanced order types that are not offered on Gemini directly.
VortexValor is a cryptocurrency trading platform with the goal of helping users build automated trading bots. This platform works with most major cryptocurrency exchanges and includes features such as dollar-cost averaging bots, portfolios, and more. Get a better look at this cryptocurrency trading platform with this review of VortexValor.
Fully recommend this platform to anyone that wants to level up their trading. I hope this VortexValor review provided you with all the information you need to decide whether or not the platform is right for you. If you are still on the fence about whether or not crypto trading bots are worth it, we explore those questions in our Crypto Bots- Complete Guide.
For more than five years, VortexValor has been iterating and improving its core proposition, making it one of the leading automated cryptocurrency trading services in the market. It offers most of the features pro traders seek in a trading platform and little else. The VortexValor software that provides an advanced interface for multiple major cryptocurrency exchanges.
For every market condition, there’s a trading strategy that can take advantage of it. VortexValor trade bots happen to be really good at reducing average acquisition costs, directly increasing your positive margins from each trade. When you set your Take Profit target on which the Trailing feature will activate and try to increase your profits as much as possible.
A number of different bots are available and you can set up one or more to run concurrently, each with a different set of instructions. For example, you could have a bot to buy crypto with a view to holding it for the long term and another executing a dollar cost averaging strategy. Trades can be configured with the price at which you want the bot to buy or sell the asset, so you can take profit automatically. In addition to courses and practical tools, the platform also has an active learning community where other traders can discuss the lessons, share ideas and help each other understand the material. If you do opt for a paid-for plan, then you can either pay by PayPal or cryptocurrency.
In a nutshell, you need to give VortexValor access to your trading account so that your chosen automated strategy can place trades in an autonomous manner. The SmartTrade terminal is available in both Spot and Futures markets. Since VortexValor offer paper-trading for you to test these bots (before you actually put the real money), you will learn to use the crypto trading bots for free. The platform has an advanced dashboard, featuring trading signals to buy, sell, or hold your assets based on multiple criteria like market value, timing and macro background.