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As a beginner in the cryptocurrency world, it can be difficult to make sense of how 3Commas works. The platform claims to be user-friendly, but it is far from intuitive, and there are many features to look for. In this 3Commas review, we’ll look at the pros and cons of using the platform. After all, it’s easy to get confused by all the features. To help you out, we’ve broken down the 3Commas review into sections so you can make the right decision.
The 3Commas platform allows you to view all the coins you own in one place. It also helps you automatically rebalance your portfolio by allocating a certain percentage of your investment to each coin. The software will then purchase coins based on the specified percentage and sell them when the ratio breaks. The platform integrates with 13 existing coin exchange platforms. It’s important to understand how this platform works, and how to make the most of it.
Another benefit of 3commas is its strong stop-loss feature. This feature ensures that you never lose money when using the crypto bot. The 3commas trading platform uses a well-known method to calculate the percentage of loss for its users. If the value of a certain currency drops below a pre-set limit, 3commas will sell the currency. You can even customize the settings of the trading platform to match your needs.
If you are looking for an automated trading platform that makes profits, 3Commas may be an excellent choice. With over PS16 billion of transactions per month, 3Commas is an excellent choice. It’s affordable and user-friendly, and it caters to a wide range of users, including beginners and experienced traders. Users can trade spot, options, and leverage. In addition to the pre-made bot marketplace, 3Commas also has an extensive marketplace of customizable trading bots, and a starter plan that’s perfect for beginners. There are some downsides to using 3Commas, however. If you don’t want to spend money, the software’s features are very limited, and you don’t have a trading view, the bot’s functionality is limited.
In addition to its smart trade feature, 3commas also offers a trailing stop. This feature holds your position open if your take-profit target is met, but automatically closes your position if the price falls below a set percentage. This feature makes it possible for you to follow the price movement to its top and then take profit when the market is tired. The 3commas review summarizes the pros and cons of this trading software.
A third benefit is the platform’s flexibility. You can set up single orders, or link your account with third-party exchanges. Users can also copy other traders’ portfolios and assess the statistics. 3Commas has been available since 2017, and their headquarters are located in Toronto. There’s a thriving community of traders, and if you’re new to the currency market, 3Commas can help. You can contact them at any time if you have any questions.