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3Commas Software Review
3Commas are one of the leading trading bot providers to date. A lit bit more expensive than other alternatives, however their software offers a host of additional features. Trading bots allow you to remain in control of your trading at all times, even as you sleep. No longer will you wake up and look at your now decimated portfolio with dread. Furthermore, these trading bots execute trades faster and more efficiently than manual users. Like most, if not all trading bots, 3Commas allows users to set rules of trade for their bot; this software also integrates with a huge number of exchanges, alongside supporting all currencies on your chosen exchange. This trading bot software supports Bittrex, Bitfiniex, Binance, Kucoin, CEX.io, Yobit, GDAX and much, much more. Get ahead of the game with 3commas trading bot!
- Easy to use
- Responsive support
- Wide range of functions
- Supports a huge number of exchanges & currencies
- Slightly more expensive than other trading bots
- Most features are unlocked at higher subscription rates
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How to use the 3Commas Software
Getting started with 3Commas is extremely easy and straightforward. Read below for a step by step guide on how to set up and get trading!
- Create an account
Head over to the 3Commas website, enter your name, email, username, password and register. After which, you are required to verify your email for security. Once you have done this, you will have access to the dashboard.
- Setup your account
After confirming your email, you will be taken to the dashboard. From here, choose from four types of trading bots; short, simple, composite and composite short bot. The easiest to set up is a simple trading bot which only involves one trading pair.
- Connect an exchange
From here, connect your bots with the exchange that you want to use. Please note, the simple trading bot feature only works with a Binanace exchange account when starting out. Ensure that your account is API connected, holding BNB and with BNB fee payment turned on. From here, give your bot a name so you don’t lose track of who’s who.
From here, the rest of the process is relatively straightforward, with choosing your trading pair, base trade size and setting target profit being the next few steps. However, if you’re still unsure, here’s a more in-depth guide.
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