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DeepTradeBot Review 2020 - Why Should You Use AI Trading Tools?
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DeepTradeBot Review 2020 – Why Should You Use AI Trading Tools?

Automated trading tools (bots, robots, solutions) become more and more popular nowadays. Today we’d like to review one of the most popular solutions of a kind – DeepTradeBot, a unique fusion of Blockchain technology, artificial intelligence and cloud computing. 

The most popular crypto trading platforms sometimes offer traders too many tools along with a complicated interface, and there are 2 problems: it’s too hard for a beginner to start trading successfully, and for the experienced traders that takes too much time to spend at the platform anyway. 

These facts are the reason why automated trading platforms enjoy significant(rising) interest in the todays reality (market). DeepTradeBot gives traders an opportunity to use artificial intelligence features that make crypto trading more efficient while one can afford spending less time trading. The entire platform was built to be simple to use. Let’s see how it works.

DeepTradeBot Operation Algorithm

The trading bots functionality is based on deep machine learning neural networks and multiplied by the power of cloud computing using BigData technology. 

The platform works with Bittrex, Exmo, Kraken, Binance, Bitfinex and Huobi, and gives an opportunity to rent one of 4 trading robots available:

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DeepTradeBot AI robots have multiple trade modes.  Each of them becomes active at the right time, and allows to stay on top regardless of the current market situation. 

The most principal of them is described at their website:

– high frequency trading. 

Analyses price sensitivity on the platforms by their order books, that can not be tracked by eye.  To do this, the bot collects every change in the order book and evaluates the relative probability of price movement up or down; 

– arbitrage trading. 

The simplest model, always available, but making a yield of 5% to 15%.  It always provides additional insurance if other strategies yield less than average; 

– Algorithmic trading based on technical indicators; 

– Trading with the help of fundamental analysis. 

Taking into account news “stuffing” through social networks like Twitter, Facebook, etc. 

Thus using its artificial intelligence functions DeepTradeBot makes the most of the routine job for a trader: it analyses millions of official comments from trading platforms, regulators, founders and key persons of crypto projects like criticism or support, who create a positive or negative news background with their statements. 

These statements in turn have a direct impact on the prices and trading volumes.  Its automatic news keywords parsers allow to evaluate the potential news impulse from a specific source. 

It’s based on statistic data about the news impact on prices and trading volumes.

Top 3 main advantages of DeepTradeBot

High Winrate

Usually it takes at least 0.1 second to transmit a signal via the API which the other robots, or even a web-socket, use to work.  During this time, the Winrate is reduced by 40%. 

The secret to achieving a high Winrate score for deepTradeBot is to receive trading signals directly from the exchange server.

Improved interface

The only thing you need is to top up your balance, rent a bot, and enjoy savings on commissions, get a higher funds turnover, a larger Winrate and, accordingly, profitability.

Low commissions

A large trading volume on exchanges opens the opportunity to receive low trading commissions: the higher the trading volume is, the lower the commission on leading trading platforms, such as, for example, Binance; 

Thus, thanks to margin trading and lending on a larger volume, the bots generate profits even in cases where there is little volatility and insignificant arbitrage opportunities on the market.

DeepTradeBot Pricing and Options

DeepTradeBot has 4 bots to choose from, including a free one that allows new customers to try the platform out at zero cost. 

It offers the following bots to rent:

  • MiniBot 5 NFS / Free Bot
  • StandartBot 10 NFS / $10 USD
  • ProBot 15 NFS / $25 USD 
  • NetPremium 40 NFS / $45 USD
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Each of them has its own rental terms, minimal and maximal daily profit range, trading pairs etc.  The cryptocurrencies available to use for now are BTC, ETH, LTC, and DOGE.

AI Trading Benefits

A bot has no emotions

It’s not a secret that the world is on the verge of global robotization. Self-driving cars, chatbots, smart homes are the today’s reality. And if now robots perform rather low-skilled work, tomorrow they will take over processes requiring complex logical circles. 

With the AI trading, we’re at the start of this epoch. One of the most difficult tasks in trading is to avoid being emotional and flexible enough.  And this is an ideal task for an AI bot. 

Non-adaptive trading systems are good because they will run a trading methodology whenever the conditions are correct. Instead of becoming emotional and making mistakes, trading bots will enter the market without a second thought.

A bot doesn’t get tired

It is impossible for a trader to work 24/7 without being tired. It’s too hard to keep abreast of dynamic the crypto world moves with, every day of the week. Trading bots are functioning automatically, and never need to take a break. 

It looks pretty smart to get a full-time automatic. AI assistant that will control the situation the whole day long.  The fact is a single winning trade can completely cover the cost of the bot rental and save your time and money.

A bot is always same accurate

You probably noticed that when the Bitcoin price rises, the price of a certain coin may immediately fall, as if there is a sort of regularity; while other coins prices, on the contrary, start to drop together with Bitcoin’s.  This is the simplest example, when the relationship can be seen with the naked eye.

Artificial Intelligence is also able to establish, monitor and predict the deeper and multi-level relationships that are absolutely unnoticeable “by eye”.

But the most important advantage of the robots is that it is not just programmed for these processes, but the more data it analyzes, the smarter it becomes.  Self-learning is the main feature of DeepTradeBot.

Is AI Trading for You?

If you are looking for a way to automate crypto trading, DeepTradeBot is worth to try. It is extremely simple to use and can be launched within several minutes by a very beginner.

The free account option will give you a perfect opportunity to try it without paying no additional costs. The crypto trading tools and activities are growing and enhancing day by day. DeepTradeBot will help you to enter this promising market with minimum loses. 

The DeepTradeBot strategies will surely help you to generate profits no matter which way the market is trending. But the biggest advantage is that DeepTradeBot is working 24/7 and gives you a maximum of free time during the day.


This is a sponsored article.(Read our sponsored article policy).

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BlockNewsAfrica

BlockNewsAfrica is a Ghanaian based media company that will provide information and data on the developments in the cryptocurrency and blockchain technology industry on the African Continent.

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