exuodia.com Review Is Exuodia Crypto Trading Bot Scam or Genuine

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exuodia.com Review: Is Exuodia Crypto Trading Bot Scam or Genuine?

Exuodia Automated Trading Bot Review: Is this Bot Safe or Scam? Exuodia is a cryptocurrency trading bot that offers you the options for manual trading or automatic trading signals. This bot comes with multiple features like stop-loss trailing to make sure you maximize your profitability from any trade. They claim they offer the best bitcoin trading bot.

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How Does Exuodia Crypto Bot Work?:

Exuodia is a trading bot that promises to enable traders grow their portfolio through trading. The: Exuodia bot utilizes the Manual or automatic trading option. For Automatic option, Exuodia connects to your exchanges API and only trades on your behalf. The API does not allow withdrawals, so you have complete control over your cryptocurrency. This way all users have maximum security using Exuodia.

ExuodianRobot Details

  • Type: Crypto Trading Bot
  • Demo Trial: Seven days
  • Accepted Cryptocurrency: Vast
  • Website: exuodia.com

The Exuodia Crypto bot comes in two different packages- Starter and premium

Cloud-based software: Exuodia Bot operates 24/7 in the cloud. Users don’t have to download or update anything, they get all new features and updates instantly.

Makes use of a third party analyst that finds undervalued coins and sends crypto signals.

Makes use of Trailing Stop-loss: A feature designed to help traders maximize profit.

The developer didn’t provide a month free trial.

Conclusion:

exuodia.com seems good, but there aren’t enough performance proof to make us believe it is worth the price.

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Exuodia Review: Is this Crypto bot a Scam?

Exuodia Review: Is this Crypto bot a Scam?

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Last Updated: Jun 15, 2020 @ 1:29 pm

Exuodia (exuodia.com) is a trading bot that promises to enable traders grow their portfolio through trading. They claim the following on their site: ”Exuodia Gives You EVERYTHING You Need To Buy, Sell, and Trade Inside The Cryptocurrency Market” (Without Having Years of Tech Experience). The developers are also providing a 7 day free trial. According to the sales page, users can test this robot for free. No obligations, no contracts and you can cancel at any time, 100% risk free. We are advising traders who want to try this bot to first make use of the free 7 day trial just to see whether or not things work according to their expectations.

Exuodia runs 24/7 in the cloud. You never have to download, or update anything. You will get access to all new features and updates instantly. They also claim that the bot generates the best signals in the industry. According to the website, these signals are sent out by a third party analyst. Once a promising investment is spotted, they send out a signal to Exuodia. When the analyst sends out a signal, Exuodia will act on it instantly and execute the trade (24/7). A trailing stop is also used in the operation of this robot. They claim the following: This is the feature that’s designed to maximize the profit. You can set a sell position once the profit reaches your specified percentage. With Trailing Stop-Loss, you don’t sell right away, instead Exuodia monitors the situation of the market, and tries to maximize profits for you.

If you are here looking for a reliable Crypto currency trading bot, you can also check out the trading solutions that we have in this list.

Exuodia review

Exuodia is basically a trading bot for digital assets that gives users the ability to manual trade all in one platform or take advantage of the automatic trading signals.

Besides, Exuodia comes with several features such as stop-loss trailing and others to make sure traders maximize their profitability from any trade. With this bot, traders can make a profit in the slow market of crypto.

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Exuodia connects traders to their exchanges API and only trades on their behalf. The API does not allow the bot to withdraw funds, giving traders 100% control over their crypto assets. Overall, the bot gives traders everything they need to buy, sell, and trade inside the crypto market, even without technical experience.

The bot promises hands free trading in a couple of clicks

Cloud-based software: Exuodia operates 24/7 in the cloud. Users never have to download or update anything. They get access to all new features and updates instantly.

Signals from the best in the industry: a third party analyst sends out the signals. Once it detects a promising investment, it sends out a signal to Exuodia, which upon receiving the signal, acts on it instantly and executes the trade 24/7.

Trailing Stop-loss: This feature is designed to help traders maximize profit. Traders can set a sell position once the profit reaches a specified percentage. With Trailing Stop-Loss feature, traders don’t sell right away; instead, Exuodia monitors the situation in the market and tries to maximize profit for traders.

How does Exuodia trading bot work?

Exuodia Trading Bot utilizes both Automatic and Manual Trading. Traders can finally start positioning themselves in the right way, to leverage the highly volatile crypto market. For traders who would want their crypto trading done, they can use the automatic trade bot option to execute orders and sells on their behalf.

On the other hand, expert traders who would want to do manual trading or set up their own technical analysis indicators can do on the Exuodia platform.

Traders can get started with their trial by clicking the button or scrolling up and selecting a suitable trade bot package. Exuodia comes with a full suite of tutorials and training videos on how to use the software—even for complete beginners.

After connecting their exchange API to the platform, traders can perform all their trading on the Exuodia platform. They no longer need to bounce across various exchanges.

Automated Crypto trading signals

A third party analyst working hard to find undervalued coins sends crypto signals. Once the analyst spots a promising investment, it shares the information with Exuodia.

Exuodia takes the recommendations and puts in a buy order almost instantly as the signal is released. It executes the order 24/7, providing daily trades on complete autopilot.

The author of this bot promises the following advantages or features:

Exuodia does not hold or store any digital asset. The software connects to traders’ exchanges API and trades on their behalf. The API does not allow withdrawals, giving traders complete control over their digital assets. All users have maximum security on Exuodia.

There are two types of licenses

These are called Starter and Premium. The cost of these two plans is $97 per month and $297 per month respectively. The first plan promises trading in 500 positions while the second plan allows holding up to 800 positions. There are up to 75 coins in the starter plan while the second plan has over 150 coins. Both plans allow manual trading based on signals that you receive from the bot. Both plans have weekly question and answer sessions including access to a Telegram discussion group. However, the first plan does not have educational videos.

Should you use exuodia?

This depends with whether or not you can afford to pay the cost of subscription which is an on going expense. Secondly, we need to determine whether or not the Exuodia bot is profitable. You can find out when you make use of the free 7 day trial. However, you also have to keep in mind that this is a very short length of time to make a conclusion on the performance of this bot. We would prefer the developer to provide at least 1 month of free trial so we can be sure that the bot is stable.

Our best advice for you

We have already tried out these trading tools and we think they are the best. But if you are willing to try Exuodia bot (which will take your time), go for it.

Exuodia: Legit Bitcoin Crypto Trading Bot?

Exuodia is a trading bot for digital assets that gives users the ability to manual trade all in one platform or take advantage of the automatic trading signals.

Besides, Exuodia comes with several features such as stop-loss trailing and others to make sure traders maximize their profitability from any trade. With this bot, traders can make a profit in the slow market of crypto.

Exuodia connects traders to their exchanges API and only trades on their behalf. The API does not allow the bot to withdraw funds, giving traders 100% control over their crypto assets. Overall, the bot gives traders everything they need to buy, sell, and trade inside the crypto market, even without technical experience.

Hands-free Trading in a Couple of Clicks

Cloud-based software: Exuodia operates 24/7 in the cloud. Users never have to download or update anything. They get access to all new features and updates instantly.

Signals from the best in the industry: a third party analyst sends out the signals. Once it detects a promising investment, it sends out a signal to Exuodia, which upon receiving the signal, acts on it instantly and executes the trade 24/7.

Trailing Stop-loss: This feature is designed to help traders maximize profit. Traders can set a sell position once the profit reaches a specified percentage. With Trailing Stop-Loss feature, traders don’t sell right away; instead, Exuodia monitors the situation in the market and tries to maximize profit for traders.

How Exuodia Trading Bot Works

Exuodia Trading Bot utilizes both Automatic and Manual Trading. Traders can finally start positioning themselves in the right way, to leverage the highly volatile crypto market. For traders who would want their crypto trading done, they can use the automatic trade bot option to execute orders and sells on their behalf.

On the other hand, expert traders who would want to do manual trading or set up their own technical analysis indicators can do on the Exuodia platform.

Traders can get started with their trial by clicking the button or scrolling up and selecting a suitable trade bot package. Exuodia comes with a full suite of tutorials and training videos on how to use the software—even for complete beginners.

After connecting their exchange API to the platform, traders can perform all their trading on the Exuodia platform. They no longer need to bounce across various exchanges.

Automating Crypto Trading with Crypto Signals

A third party analyst working hard to find undervalued coins sends crypto signals. Once the analyst spots a promising investment, it shares the information with Exuodia.

Exuodia takes the recommendations and puts in a buy order almost instantly as the signal is released. It executes the order 24/7, providing daily trades on complete autopilot.

Cryptotrader Review 2020 – How Good Is This Crypto Trading Bot

As cryptocurrency slowly creeps into the mainstream, more and more individuals are becoming interested in trading it. However, mastering this activity a complicated ordeal; the sheer amount of work it takes to become even slightly competitive in the space drives people towards alternative ways of crypto trading.

One of the most popular workarounds for those that lack the required market reading skills is using a crypto trading bot to do their bidding for them. These bots can be very effective; they don’t suffer from “side effects” of being human like having to sleep or getting emotional and are also capable of pouncing on a trade much faster than even the most experienced of traders. Today we’ll be taking a closer look at one of those bots, called CryptoTrader.

CryptoTrader Features

CryptoTrader is a cryptocurrency trading bot that has been making the rounds for a while; launched in 2020, it served its customers during the past 5 years or so (even used to support trading on MtGox). The bot can be downloaded from the cryptotrader.org domain and shouldn’t be confused with the scam that is Crypto-Trader(dot)co.

It is a cloud-based trading bot, offering a wide variety of trading bots and strategies without asking you to download and store massive amounts of data locally.

Premade strategies that come with CryptoTrader include both more risky ones suitable for aggressive short-term trading, as well as more conservative ones that are more suitable for those who prefer to take things slow and acquire stable gains across a longer period of time.

You might want to check out our reviews of other crypto bots: Haasbot or Cryptohopper.

Users can also create their own personalized trading strategies and if they turn out to be successful, rent them out/sell them to others.

Development team

This bot seems to be created by an anonymous Bitcointalk user called “pulsecat”. Not much is known about the project except that parts of it (especially its privacy policy) seem to be powered by a company called Algocraft Ltd., which is based in Italy. This company’s social media isn’t very active, as their last Twitter post dates back to fall of 2020. Overall, there seems to be a veil of secrecy surrounding the team behind the project, which can be a red flag for some people.

However the platform has been around for quite some time and its creator is still active online as the development is very much still ongoing, so it’s safe to say that the entire thing isn’t a hoax.

How To Use CryptoTrader

The website where you can download this bot from is designed in a relatively simple manner, without many details regarding the people behind CryptoTrader or the bot itself. The home page gives you an overview of some of the bots key features:

  • Automated trading bots in the cloud: No software installation required as CryptoTrader runs native servers which host your bots.
  • Support for all major Bitcoin exchanges: All major crypto-currency exchanges are supported for both backtesting and live trading. The main page lists Bitfinex, Bitstamp, Poloniex, Coinbase, Kraken, Bittrex, OKCoin, Binance and Huobi as supported platforms; additionally you’ll find you can trade on CEX.IO, Quoine, Cryptsy, WEX.NZ and other exchanges.
  • Strategies Marketplace: The place where trading strategies can be bought and sold
  • Backtesting trading strategies: See how your strategy would work over different market condition by using our backtesting tool
  • Instant Email alerts & SMS notifications: pretty self-explanatory, you’ll get notified whenever your bot performs an action either via an e-mail or an SMS.

Some of these features are available only to certain tiers of on-platform users. On that topic, navigating to the “Plans” section of the Cryptotrader website takes you to a page which lists out the subscription plans currently available for purchase.

While you are here, have a look at our Gunbot review or Cryptohopper bot review.

The plans basically differ in features they offer including backtesting, e-mail/SMS alerts, live trading bots, margin trading/short positions, access to multiple trading instruments, trading account equity limit, early access to new features and priority support. The prices of these plans are listed out in Bitcoin (BTC), Litecoin (LTC) and Maker DAI (MKR), which implies you can pay for them only with cryptocurrency.

We couldn’t verify more registration details personally, as on-website registrations are currently closed. However if you log in using an existing account, the full set of features you subscribed to is still operational.

Trading Strategies

Once you’re logged in, you can shift over to the “Strategy Market” section of the platform and navigate through a wide variety of free and paid trading strategies. The strategies are developed by tech-savvy individuals with the help of the open-source strategy-building code available for download on the website.

The strategies are automated via a flexible built-in scripting language based on Coffeescript (a javascript/ruby-esque programming language that compiles into JavaScript).

Users can also take advantage of a useful backtest feature which lets them check out the functionality/success rate of a certain strategy by running it against historical market data. Strategies can additionally be judged by their “popularity” rating, a number of live bots that are currently trading with a particular strategy using real money.

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Is Cryptotrader Legit?

A strategy with a rating of 50% is being rented twice less often than a strategy with 100% rating, explains CryptoTrader documentation. Additionally, you can find numerous community reviews of the strategies available on CryptoTrader; we came across this one and this one, and reading through them will show you that success rates of CryptoTrader strategies can vary significantly.

Additional Things To Consider

Browsing the website, you’ll find an additional “Help” section which contains an FAQ, API documentation, TALib documentation, terms and conditions of use, privacy policy and an interesting affiliate program. The FAQ informs us that no programming experience is required to use the CryptoTrader pre-created strategies.

Plans & Pricing

You’ll also be informed there that the bot connects to an exchange through an API that doesn’t have fund withdrawal permissions; this is a very important security measure as it prevents the bot from stealing your funds. This also means that the bot won’t be storing any of your funds on any sort of native wallet.

Community and Affiliate Program

CryptoTrader also offers an affiliate program which lets its current users recruit new ones via affiliate links. Each time someone signs up for the service via your link, you’ll be given a 10% kickback from the new subscriber’s subscription fee. There is also a community forum where users can discuss on-platform trading strategies and get technical support/instructions.

Conclusion

As it’s always the case with trading bots, you’ll definitely win some, but at the same time you’ll lose some. CryptoTrader isn’t flawless and will result in some people losing money; at the same time some will apply a winning strategy at the right time and eventually end up in the green. The whole thing is relatively beginner friendly as it lets you jump into crypto bot trading without having to possess much technical knowledge on the matter.

Naturally, the more you know about trading and crypto economy you’ll do better; you might even develop a taste for creating your own bots and strategies if you have a programming background. Ultimately, whether you are someone looking to dip their toes into bot trading for the first time or some seasoned veteran of the space looking to branch out onto new platforms, CryptoTrader has the tools required to satisfy your needs.

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