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Introduction
Bots, as automated trading programs, allow traders to initiate trading programs that take over trading activities on behalf of traders. Because bots work round the clock, they can quickly respond to the volatility of the crypto prices and make programmed transactions accurately and on time.
About
Signal Bot is a crypto trading terminal that helps traders to automate their trading in position-like orders. There are many features a trader can exploit from Signal, including:
- Targets and stop loss: a trader can set targets and a stop loss at the same time.
- Trailing stop-loss: this feature allows a trader to place a trailing stop loss, hence able to maximize trading gains;
- Laddered buys: a trader can use multiple buy orders to enter positions to ensure they access the best price on offer;
- Notifications: the platform uses email and SMS alerts to inform a trader of the goings-on, hence saving them the task of having to regularly check their accounts;
Ease of use
Getting started is easy as it only requires an email address and password to sign up. It also has a product tour where they guide new traders on how to use the platform. The team also provides many useful resources in their support section inside member accounts.
Safety
The API key allows the bot to perform the trading transactions but not to withdraw the funds from the account. The bot has only trading access to your funds. Your exchange generates the API keys that the bot needs to access the account. while your coins never leave your exchange account.
Pricing
Signal Crypto trading Bot is free to use.
Support channels
In addition to useful resources in the support section (guides, blogs, and video tutorials), the team can also be reached via email, Facebook or Twitter.
Screenshots
ACB Admin
March 15, 2020 at 4:49 pmThe Signal platform is simple and intuitive for users. Working well for traders who prefer position-like trading. The platform’s incorporation of popular market and limit order features are some of its key strengths. It is also completely free to use.