Gunbot Review 2023: Accelerate Your Crypto Trades!
You can conduct automated trading of various pairs on the cryptocurrency market with the support of the well-known automated cryptocurrency trading software Gunbot. Use pre-existing trading strategies the Gunbot trading platform provides, or create your own. People that use Gunbot often test and share their cryptocurrency trading ideas with other members of a terrific trading community.
According to this Gunbot review, unlike many other automated trading bots, this platform is a software program you must install and configure instead of a cloud service you can access through your browser.
|Available Payment Options||300+ Altcoin, Stablecoins, Bitcoin, and Paypal|
|Supported Exchanges||Gunthy, okGunbot, Bybit, Beaxy, Binance, Binance Futures, FTX, FTX US, Gate.io, HitBTC, Kraken Futures, KuCoin, MEXC, OKX, Txbit, Bittrex, Bitfinex, Bitmex, Bitmex testnet, CEX, Coinbase Pro, Huobi Global, Kraken, Poloniex|
|Plans and Pricing||ONE – 9.99 USD
Standard – 0.014 BTC
Pro – 0.025 BTC
Ultimate – 0.04 BTC
|Customer Support||Email, User Guide Document, & Contact Form Support|
It enables investors to execute transactions automatically and earn income while dozing off. We have examined several cryptocurrency trading bots and can claim that Gunbot is among the most thorough and reliable. As we write this Gunbot trading review, the company has 15 distinct automatically executing trading strategies available and is constantly striving to expand its selection. If you want to automate your Bitcoin trading, our review of Gunbot can help you decide if it’s the best option.
How Does Gunbot Work?
The procedure is relatively straightforward once you’ve decided on your plan and exchange(s). Choose your login details, verify ownership, launch the software, and specify your API keys for the exchanges with the best crypto trading bots to work on. Choose the trading pairs you want to use, set up your trading strategy using presets or custom parameters, and Gunbot will begin trading around-the-clock using those settings.
This trading bot makes various trade features and more consistent results accessible. According to other Gunbot reviews on different websites, it is perfect for speeding up cryptocurrency trading.
Gunbot Review: Pros and Cons
|Gunbot covers all supported exchanges.||For more professional traders.|
|Gunbot offers Windows, Mac, and Linux support.||New traders would need time to comprehend the bot|
|Gunbot offers lifetime licenses.|
|Awesome user community support.|
|Gunbot is a privacy-friendly trading bot.|
|Gunbot has no recurring costs.|
|Offers many different Gunbot packages.|
Benefits Of Using Gunbot Trading Bot
Run on Computer
Unlike cloud service, you need to install crypto software on your machine. Gunbot supports crypto trading on various platforms, including Windows, macOS, Linux, and ARM-based devices. While conducting research for this Gunbot review, we discovered that this trading software operates flawlessly on all devices regardless of the platform.
This crypto software also features a pleasing user interface that is not just ideal for novice traders but also for experienced traders.
Plug and Play Automated Trading Bot
Gunbot’s settings for tried-and-true innovative strategies make it simple for private traders to start. Connect and play Some tactics, such as stepGrid, are already optimized and profitable. The crypto trading bot only needs to be turned on. Power users have no restrictions and can employ unlimited bot instances, custom strategies, and automated config updates.
No Limits for Power Users
The number of active trading-pair services that can be added to this crypto trading software installation is unlimited. Any number of coins you add will function.
Free Updates with Lifetime Licenses
Gunbot software updates are free. There is no need for a subscription for their automated trading systems. For Gunbot Lifetime updates and licenses, all novice users must pay a one-time license fee. When you wish to speed up your cryptocurrency trading, Gunbot is an ideal free crypto commerce option with a lifetime license. Gunbot offers profitable trading around the clock.
Dynamic Grid Trading
Step-Grid is a straightforward but successful trading method that sets Gunbot apart from many other bots. Trading minor price changes is the principle behind this method: a grid-like trading technique with integrated buying and selling trailing and dynamic trading targets.
This approach differs slightly from all existing Gunbot tactics in that it is “always in position” and seeks opportunities to average down rather than waiting for the ideal entry. There are also just a few changeable variables.
Key Features of Gunbot
Gunbot website and crypto tools support heterogeneous functionality; thus, it can run on ARM, Windows, macOS, or Linux-based devices. The user can access the Gunbot from any device because the software license is not connected to any particular device, making this trading bot run more efficiently than any other single platform.
Additionally, upgrades and updates to the software are free. The required specifications for one boot instance are 2GB RAM, 10GB free disk space, and 64-bit CPUs. You can use Gunbot’s built-in graphical user interface or execute it through the command line.
The majority of exchanges support Gunbot. Moreover, additionally, supported exchanges are frequently introduced. okGunbot, Gunthy, Beaxy, and Txbit are a few partner exchanges that don’t require an API key to be registered.
In addition to other top cryptocurrency exchanges that do require an API slot, these can be used without charge. The CCXT library also supports lesser-known spot trading exchanges; however, these might have yet to reach the same degree of reliability.
Unlimited Trading Pairs
There are no limitations on the number of active pairs that can be included in a Gunbot installation. Users can conduct a single pair or even all of the exchange’s commerce pairs. In general, Gunbot can be used with any combination that exchanges offer. This crypto app can commerce any asset or cryptocurrency markets that your exchange supports. Subsequently, margin trading and trading costs will also vary depending on your exchange.
Powerful Browser Interface
The user interface for Gunbot has a built-in browser. On your local computer, you can open access to the interface without risk, or you can unlock access from the internet. The user interface may be supplied through HTTPS and is designed for mobile devices. It also supports two-factor authentication. You may manage your cryptocurrency trading methods, assign them to commerce pairs, and make quick modifications using the UI.
All recent trades and secure crypto wallet balances are displayed on the dashboard. It is simple to optimize your custom strategies using this commerce visualization and generate profits. You can manually place orders through the Gunbot interface if you don’t want to wait for the bot to do so.
Tested Trading Preset Strategies
A collection of guidelines that specify how Gunbot will trade is a strategy. A single trading style can be used for all crypto pair systems. Different trading approaches can be used with various pairs. Buy and sell methods, which specify when the bot is permitted to place orders, are the essential elements of a strategy.
One or more trading pairs may be assigned different strategies. There are a ton of free trading strategy presets included with Gunbot that can be used right away with just a few little adjustments, such as setting the limit on how much it can spend. An infinite number of unique strategies can be developed.
20+ Buy and Sell Method
Gunbot provides 20 various ways to execute orders, and you can combine any of them to create unique trading strategies. For instance, you could configure Gunbot to buy an asset at a percentage from the lesser Bollinger Band and sell it using the trailing stop/stop-loss method.
Average Directional Index (ADX), Average True Range (ATR) Trailing Stop, Bollinger Bands – percentage distance from bands, Bollinger Bands – crossover, EMA spread, Emotionless, Gain, Ichimoku, MACD, MACDH, PingPong, Stepgain, SMA cross, Time series analysis, Trailing stop/stop limit are few buy and sell methods for executing orders.
Confirming indicators can be set up to limit your buy/sell technique to just commerce when specific indicators are inside a range you configure, helping you to fine-tune your trading approach. For instance, only permit purchase orders when the RSI is 30 or lower.
Each indicator’s period settings can be freely customized. Confirming signs inherent to strategies and are available: ADX, EMA, EMA spread, MFI, RSI, EMA spread, Stochastic, StochRSI. Optionally, you can expand the scope of your approach by adding many additional indication combinations by using AutoConfig.
For most order types, price trailing can be utilized to determine the best entry and exit locations. For instance, let’s say you’ve established a purchase strategy for buying when prices reach the lower Bollinger band. When the price reaches the bottom band, a purchase order is placed without further trailing.
When prices are trailing, Gunbot tracks their downward movement and only buys when the trailing stop is reached and the price is still at or below the lower Bollinger Band. Gunbot can be used to sell trailing items for items that you purchased. Regular buy orders, Regular sell orders, and DCA buy orders are a few Order types that permit additional trailing.
Double up, commonly known as dollar cost averaging or DCA, is a Gunbot technique for automatically averaging down assets. This enables traders to achieve a lower average price per unit as prices decline, resulting in a lower potential exit price that is lucrative. DCA’s behavior is very adjustable.
Gunbot can automatically acquire quote currency when prices decline without making any additional investments beyond the initial buy order. Reversal trading is a characteristic that can assist in lowering the investment’s break-even point. Reversal trading involves Gunbot selling owned quote units at a configurable percentage price decline, then buying back additional quote units only with the money it received from the prior sell order.
This cycle may continue if prices decline or the cryptocurrency markets turn sideways following a decline. Gunbot keeps track of the transaction fees paid when accumulating. The price will resume regular trading when it reaches the break-even mark.
Through Telegram, a user can communicate with their trading bot. They can track gains and obtain profit/loss information for your trading pairings with a Telegram profile. On the fly, adjustments can be made, such as enabling or disabling pairs. You can also receive push notifications for each deal that is completed. Additionally, a user can quickly keep track of recent trades and even filter them by pair.
The base currency amount to invest per trade might be limited per pair. The trading cap may be established as a fixed dollar amount or as a percentage of the base currency that is readily available. You have the option of keeping some quoted units or selling the entire quoted amount when selling.
Gunbot can be configured to overlook “dust” or small holdings below the exchange’s minimum free trade size. To reserve a fixed amount of base money at all times, use the funds’ reserve feature.
Code Custom JS Strategies
You are allowed to make an infinite number of unique tactics and even incorporate NPM modules into your programs. There are no restrictions on the number of trading pairs or execution times for a particular strategy.
There is a tool called AutoConfig that can manage the bot and present the bearish market conditions for you. You may manage your Gunbot configuration dynamically using the AutoConfig toolkit. There are many more sophisticated pair filters available, and with the help of filter rules that you create on your own, almost any part of the configuration can be automated.
This even makes it possible to automate certain strategy components, like trading with a dynamic gain target. Even better, you can adjust one pair’s settings while keeping an eye on another.
The backtesting add-on enables backtesting for practically all of the Gunbot-available strategy parameters. It may be used to transmit trading alerts based on Gunbot strategies, which Gunbot will execute when the TradingView add-on is activated. Tradingview.com, which provides a sophisticated engine to backtest and visualize tested trading performance, is where backtesting is done. Virtually every coin pair offered at the exchange has historical data for backtesting available as long as tradingview.com supports the exchange you trade on.
Gunbot executes trade alerts supplied by tradingview.com because of the TradingView add-on. This enables the use of Pine script at TradingView for fully customized tactics. A few safeguards are possible with the add-on, like ensuring that sell orders occur above the break-even point and fulfill the exchange minimum trade volume. The add-on can also be utilized in mixed mode, which involves running TradingView alerts and a Gunbot strategy.
Get Started with Gunbot
Installing Gunbot on your PC is a prerequisite for using it. Windows, Linux, macOS, and Raspberry Pi all support it. Unzip the software package and run it to complete the installation. There is no further installation procedure because Gunbot is portable. You can access the Gunbot interface on your browser after launching Gunbot.
Connect to Exchange API
You only need to enter your API key and secret to link Gunbot to your exchange account. The API secret is only kept on your machine for security purposes. Verify that the key you created at your exchange has permission to read data and execute trades on your behalf. The key is not necessary for Gunbot to be able to withdraw money.
Select Trading Pairs
The last step is to choose the coins you want Gunbot to trade on and the strategy for each commerce pair. Individual pairs may be added, or filter rules such as “Top 10 volume USDT pairs” may be set. It is normally advised to select pairs whose price fluctuations regularly range by 2% or more. Gunbot will benefit from many of these market changes as a result.
Any coin pair that is offered for trading on your exchange by Gunbot. You may trade BTC-ETH, USDT-BTC, or ETH-XMR, for instance. There is no restriction on how many pairs you can trade at once.
Configure a Trading Strategy
You have the option to design your own plan or use one of the predefined ones. The trading limit, which determines how much money Gunbot will invest per trade, is the minimum parameter that must be changed. Gunbot tactics specify the times that the bot buys and sells.
Grid trading techniques, tracking trends (and trading trend reversals), following price movement with a trailing stop or stop limit, or employing indicators like Bollinger Bands are just a few of the many options available. Strategies can be entirely customized to fit even the most discerning traders. Additionally, you have the option to manually purchase coins and leave the profitable selling to Gunbot.
Start Running Bot
Run the Gunbot trading core to get your trading done, then start relaxing while the bot handles the trading. Telegram notifications are available for the trades that Gunbot made. You can concentrate on improving your general approach to boost your trading profits rather than manually setting orders.
While you focus on how to maximize your market profit, let Gunbot handle the tedious work. Gunbot’s inventive methods, quickness, incredible versatility, and fantastic user community set it apart from other cryptocurrency trading bots.
Gunbot Pricing Plans
At Gunbot, all plans are lifetime; there are no recurring costs. Although prices are listed in Bitcoin (BTC), payments are made with 300+ altcoins, stablecoins, and PayPal.
With Gunbot ONE, trading is incredibly simple. It has the best default approach that Gunbot has to offer. You won’t be bothered by the unique interface’s complicated options. The following exchanges supported by Gunbot ONE are Binance, Binance US, FTX, FTX US, Huobi Global, OKX, okGunbot, or Mex Gunthy. Trading volume and frequency have no restrictions. Updates to the software are also free.
In most cases, it is the best option for a feature-complete bot if you need help deciding which bundle to purchase. All of Gunbot’s spot and futures trading strategies are available to traders. The primary features included in the bundle are Plug & Play and Auto Config. You can trade as many trading pairs as you want, such as USD-BTC and BTC-LTC.
All Gunbot strategy options are included with the Pro license. You always have control over which exchange you utilize your bot because of the API slot system. With this plan, switching to a different exchange or API key is simple and cost-free. Additionally, you get access to AutoConfig, a special function that enables you to automate configuration changes, such as adding pairings and altering strategy settings.
The highest level license for Gunbot, the package, grants access to all functionalities. Users are able to trade across all exchanges at once. Anytime you want, you can switch between supported exchangers. Use TradingView alerts to start trades in Gunbot; this tactic can be used in conjunction with others. From their phone, traders may effortlessly keep an eye on every Ultimate instance. Additionally, there is an iOS and Android mobile app.
Gunbot Affiliate Program
You have the option of marketing Gunbot crypto trading and earning a commission from the sales you refer to the operator with the use of the Gunbot affiliate program. Making money with an affiliate network is a quick and simple process. With Gunbot affiliates, your earning potential is limitless; all you have to do to be a successful trader is drive traffic their way to start earning lucrative commissions on each sale.
There are two different categories of affiliates: VIP affiliates and Standard affiliates while writing this Gunbot review. The commission rate for standard affiliates is set to 12%, while the rate for VIP affiliates is 15% of their sales. Every single affiliate begins as a standard affiliate, and after receiving the first weekly payment, you can upgrade to the VIP affiliate status.
Gunbot Customer Support
For both novice and experienced traders, Gunbot, with lifetime licenses, is the top crypto trading bot. Due to its superior customer support, Gunbot stands out among the other cryptocurrency bots. You can use the contact form or email your questions to [email protected] They strive to offer awesome Gunbot support without charging more.
Their customer service system is responsive and helpful, and it is almost always accessible worldwide for any investment advice. Even the most recent reviews give its customer service a high grade. We have verified many Gunbot reviews and found their customer support team outstanding.
Gunbot Review: Conclusion
Gunbot is undoubtedly one of the most complete automatic trading systems available to cryptocurrency investors because of its enormous features and tools. More than 4000 active Bitcoin traders already utilize the Gunbot website. We were particularly impressed by the 17 potent pre-made and other trading bots, more than 100 possible trading exchanges, TradingView signals and alerts integration, and the large and vibrant community.
There is a free demo version of Gunbot available on-site if novice traders want to test it out and see whether they’re up for the challenge. However, because not all functions are accessible through this web-based demo, it is difficult to fully grasp the platform’s potential.
We believe it is preferable to test it out using the fundamental plan for a one-time cost of £74.99 that includes futures trading, one active API slot, limited commerce pair, a few strategies, and AutoConfig. If you enjoy the service, you can always upgrade your plan at a discounted rate.
Is Gunbot Legit?
Gunbot fully runs on your own system, so by default, it is not secure. To raise the level of account security, successful traders must take further steps.
What Kind of Support Options Does Gunbot Offer?
The support services for Gunbot include online, live support, live online videos, and business hours support.
How Much Does Gunbot Cost?
According to a financial advisor, the starting price for Gunbot is $0.01375.
Is Gunbot Trustworthy?
Yes, it is reliable because of the lifetime license. The lifetime license offers essential features like accessibility to all of the supported cryptocurrency exchanges, unlimited trades, and Unlimited pairs throughout lifetime usage.
Does Gunbot Have an API?
Yes, Gunbot has an API.