Crypto Agent Bot Review 2019
- Well selected signals
- Easy to use
- Mobile trading
- Referral program
- Runtime extension in weak market situations when few signals are possible
- no free trial
Crypto trading with signal services is currently in fashion and accordingly we have already been able to gain experience with the Crypto Agent Bot, which we would like to share in this review post. This bot runs on the Messenger app Telegram, which enables you to place your trades from your smartphone within a few seconds. In this Crypto Agent Bot test report, we have taken a closer look at the service and tell you whether it’s worth using or not.
How the Crypto Agent Bot works
The Telegram bot is linked to the crypto exchange (i.e. Binance, Bittrex, Poloniex) via an API interface. Therefore, you don’t need to log in to these brokers to trade any more, but simply open Telegram on your mobile phone.
If you make a crypto trading bot comparison, you will notice that there are not many automated Smartphone Trading Apps yet. On average, there are 2.5 signals per day (based on our statistics). Depending on the market situation sometimes more and sometimes less. because it is a Bitcoin Trading Bot, Bitcoin is traded against Altcoins (= all other cryptocurrencies).
Who is the Crypto Agent Bot suitable for?
Since the crypto currency market can generate quite high profits, it is not surprising that more and more people want to cut off a piece of the pie. However, few of these people are professional traders. They have no experience and usually no time to deal with the basics of active trading including chart analysis, trading tools and the conditions of the crypto scene.
This is where the Crpto Agent Bot comes into play. This software is backed by an experienced international team of traders and analysts. They ensure that you (usually) receive several push messages a day via Telegram messenger and that you can place your trades from your smartphone within a few seconds. In order to use this service, you have to pay a monthly fee (check the pricing further below).
Benefits of the Telegram Trading Bots:
- Beginners in trading or crypto currency.
- Location-independent trading with the Smartphone.
- Time saving for the user.
- Increase of bitcoins or in other words: profit.
How much can I earn with the Crypto Agent Bot?
“If you would start with 1 BTC trading capital and you earn 2-3% profit daily through day trading, you could earn more than 1000 BTC after one year”.
The quote from the operators of the Crypto software is mathematically correct. Theoretically this is possible, but in practice it seems rather utopian, because not every trade can be closed in plus, at least not within one day. It can also take a month for a trade to close positively.
Due to the volatility of the crypto market, daily price increases of 10-30% are not uncommon. In exceptional cases it can also go up by more than 100%. On the other hand, these movements are of course also possible in the opposite direction. If you look at the longer-term price development of many coins, including Bitcoin, you will often see an upward movement.
How much you earn depends of course on the quality of the trading signals. In addition, there is the general market situation. While in December 2017 most coins showed an extremely strong upward movement, at the beginning of 2018 the market generally fell constantly. Such scenarios are not always predictable. However, there are empirical values that the Crypto Agent team incorporates into the trading signals. In recent years, for example, the following scheme has been observed: While the first few months were more characterized by a downward market trend, the upward trend was all the stronger in the spring.
Of course you can do further calculations or just try out the Crypto Agent. For the first membership we recommend a duration of 1 month. During this time you can get an idea and then decide whether you want to continue using the service or not. After the expiration of the service period it will not be extended automatically. So you are not bound to anything except the one-time membership fee for your desired plan.
How good have the Signals from the Bitcoin Bot been so far?
Since the bot started in September 2018, 96% of the Bitcoin / Altcoin trades have been successfully closed. There are short, medium and long term signals. In addition, you will be informed about relevant news from the crypto scene and learn how to build up a profitable portfolio of coins bit by bit.
If you already have the Telegram Messenger installed on your smartphone, you can log in to the Crypto Agent. If this is not the case, we have linked Telegram to you below in this Crypto Agent Bot Review.
You decide for yourself whether to accept a signal or not. You can confirm a signal directly with a click or simply deviate from the software recommendations. This means that you can set a signal that should bring you a 5% profit to 20% or increase or decrease the number of Bitcoins for the trade. The profits you want to take on a trade can also be changed afterwards.
Crypto Agent Bot Costs
There are 3 different packages that can be purchased. The longer the chosen membership, the lower the relative monthly fee. You only pay in Bitcoins. Depending on the BTC rate, the Bitcoin fee for each membership varies, as the prices are:
- 1 month: 250€
- 6 months: 1250€
- 12 months: 2000€
Signup: What you need for Trading
- Telegram Messenger on your phone
- BTC to trade with (no matter how much)
- An account with Binance, Bittrex or Poloniex is required
- Optional/Later: A Bitcoin-Wallet
If you meet these points, you can register for smartphone trading. Furthermore, we have provided a detailed Crypto Agent Bot guide with all steps for you.
Deposit / Withdrawal from CryptoAgentBot
After you have paid your desired monthly plan with Bitcoins, you can set up the Bitcoin Trading Bot and activate the API link to Binance, Bittrex or Poloniex.
You only generate your profits (or losses) on your trading platform. You can access your money or cryptocurrencies at any time. Make sure that you deactivate the Withdraw function there so that only you can withdraw money yourself. We also strongly recommend using a two-tier authentication app such as Authy or Google Authenticator for added security.
If you want to get your Bitcoins away from the trading platforms, you can store them on the free wallet of Blockchain.com or – even way better – on a hardware wallet at home. There are also credit cards that you can use to withdraw your coins at ATMs in any Fiat currency (Euros, USD, etc.).
Our Crypto Agent Bot Experience
Let’s now move on to the most important part of this review. Do our experiences with the Crypto Agent in practice look as glamorous as theory promises? Find out more in the following Crypto Agent Review:
Crypto Agent Test of Quality and Ease of Use
The Telegram Bot works smoothly. It is clearly arranged and easy to understand. The signals come reliably and without delay, so that you can place trades at about the same time as the other users. New functions are gradually being implemented in the trading bot in order to continually expand and simplify the possibilities of Bitcoin and Altcoin trading.
Crypto Agent Experience with Trading Results
Since the launch of Crypto Agent Bitcoin & Altcoin Bot in September 2017, 96% of all trades placed via Signal were closed by the end of the year. Of the 302 signals sent within these four months, 292 were positive. However, the time factor also plays a role: the sooner a trade is closed, the more profitable the bot will be. Take a look at the trading results here:
Does Crypto Agent Bot Support work?
Yes, the support is fast and competent. If you have a question, you can ask it via Telegram-Bot to the team. We did the Crypto Agent Bot test and on the same day we received the answer. There are also extensive FAQs with many general questions provided by the bot.
Problems with Deposit and Withdrawal?
We tested the Crypto Agent and so far all transactions went smoothly. We don’t know of any users who had problems with it. Remember that you can only request withdrawals if you have received commissions or bonuses by sponsoring other people. If you are a pure signal trader who only uses the Crypto Agent for himself, you cannot request money via Telegram. However, this makes sense, since all profits are automatically credited to the crypto broker platform you have deposited, which only you have access to. Every realized profit is directly in your broker account.
Note on the deposit: The bot says that you should transfer exactly the amount displayed in BTC to the wallet displayed after you have clicked on a monthly package. However, we recommend that you transfer $5-10 more. The displayed Bitcoin amount in US dollars may be worth less if the BTC rate falls for a short time. Then your balance would no longer be sufficient to pay for your membership. We’ve already contacted Crypto Agent support about this and they’ve approved that this procedure works.
Other Experiences with Crypto Agent Trading Bot
The trader team behind the Bitcoin Trading Bot makes an overall friendly impression. When the crypto market is “bear dominated” for a long time, so it falls, the Crypto Agent often extends your membership for a few days for free. Since it’s harder to make a profit on such market downtrends, the team also sends out fewer signals.
As a result, we’ve been able to see that two weeks have gone by for free in the space of a month. That’s very fair! Even if we can’t promise you such a concession, we assume that it will be handled similarly in the future.
Additional income with the Referral Program
Besides the possible crypto gains, the bot has an affiliate program.
If someone has tested the Crypto Agent and recommends it, you get a commission up to the 10th level in Bitcoins. The percentages always refer to the purchased membership package of your partner. The commission can be paid at any time on your wallet from an amount of currently 0.0125 BTC
In addition, there are 7 career levels. For reaching each level you get 5% of your team turnover (sum of all paid membership fees of your downline).
Conclusion on Signal Trading with Crypto Agent Bot
Finally the essential points of our Crypto Agent Bot review summarized:
- Trading in a matter of seconds from a smartphone with the Telegram Messenger: The Crypto Agent is suitable for people who don’t have time for trading or are not familiar with it.
- Quality instead of quantity: The number of trade signals depends on the crypto currency market. If this falls, fewer signals come, because trading is then more difficult.
- In addition to trading signals, there is also interesting news about coins and the crypto market in general.
- Increase of your Bitcoins possible. So far about 96% of the trade signals have been closed with profit.
- Membership without automatic extension and further hooks.
The bot keeps his promises. We can recommend the service to others. To familiarize yourself with smartphone trading, you should first decide on a 1-month membership. Depending on your satisfaction, you can simply discontinue the service or extend it. If you already have Telegram installed, you can sign up for Crypto Agent Bot here.