Napbots offers an automated trading service, simplifying the entire trading process.
In the ever-changing world of cryptocurrencies, automated trading first appeared as just another trend. Many people, however, were skeptical despite the promise of this new sector, and they had every right to be.
The crypto industry is riddled with trends. Many would say this is a fantastic sign of continued progress. On the contrary, others believe that short-lived trends harm the ecosystem more than they help it.
Fortunately, automatic trading has demonstrated over time that it has enough value to not be just another fad. This innovation is enduring, as shown by its continued appeal.
So we are going to take a look at Napbots, an automatic trading system designed to provide the best trading strategies for anyone new to this field.
Napbots in a nutshell
Started in 2018, Napbots was born from the desire to provide expert trading strategies to traders new to the field. Coinshares, Europe’s largest digital asset investment firm (managing billions of dollars) then acquired Napbots in 2021.
What started as a vision of providing traders with transparency and access to easy trading strategies brought the Napbots project to where it is today.
There are hundreds of automated bots, which promise the best strategies and the best returns. However, not all claims can be trusted. Napbots users receive the most sophisticated trading strategies designed by expert traders, simplifying the whole process.
How does Napbots work?
Getting into trading and mastering this activity is not an easy process, but a long one to manage. This is where Napbots comes to the rescue.
Napbots offers proven crypto trading strategies, designed and built by the experts at Coinshares.
The whole process is simplified so traders don’t have to spend hours learning different strategies. Napbots offers simple to use algorithmic strategies; you just need to follow three steps.
- Connect your exchange of choice : The first step is to connect the crypto exchange of your choice to start the process. Your funds are completely secure and Napbots will not have access to them. Currently, the system supports exchanges such as Kraken, Binance, FTX, Bitfinex or OKex. Other platforms will be added later.
- Choose your strategies :: Once the first step is complete, choose the strategy you want to adopt. There are dozens of them, and users can choose the one they like best.
- Enable policies: Finally, you can activate your bot, make yourself comfortable, and let it do its job. Throughout the process, you can also adjust your investment and your strategy.
Napbots Key Features
Napbots robots are more than just bots. Unlike normal robots designed to perform a specific task, Napbots are elaborately programmed bots designed to perform complex operations.
- An expertise : Napbots is created by a team of professionals and experts to make sure to provide the best strategies to the users. Unlike novice traders with temporary strategies, Napbots is backed by years of experience and reliability gained through years of expertise.
- Simple and straightforward : Unlike platforms with a complex user interface and difficult navigation, Napbots is built differently. His team ensured that the platform was easy to use for beginners and that the whole process was smooth from start to finish.
- Transparency: The whole process is seamless, and users can track everything from their dashboard. The whole process goes faster, with each strategy clearly explained to traders.
- Various strategies: The platform offers various strategies, including smart hold strategies (Wise), more dynamic strategies (Pulse), and artificial intelligence (AI) strategies. The team plans to add dynamic indices to the platform soon.
- A specialized learning section : To ensure that everyone stays informed of the fundamentals, the platform has a specific “Learn” section. This section will provide in-depth information on different strategies and Napbots.
What’s new ? Napbots V2
Napbots has been providing traders with effective strategies since 2018. After the acquisition by CoinShares in 2021, Napbots robots have undergone a major update. The new version, rolling out in July 2022, introduces a host of new features for traders.
This new V2 will offer better trading opportunities, more transparency, more flexibility, as well as a sleeker and simpler design.
Better trading opportunities
Beyond the old trading possibilities, the new V2 bots will offer well-researched strategies as well as more trading possibilities. Traders will have several strategies to choose from and will also be able to set the maximum amount of funds to spend on each type of account.
The imminent arrival of dynamic indices
Dynamic clustering of indices is another upcoming feature. This will automatically allocate assets by buying the best performing cryptocurrencies and selling the worst performing ones. The index is developed with the objective of providing more strategies to its users.
Napbots strives to provide a flexible and easy-to-access platform to all its users, wherever they come from. The platform is responsive and users can seamlessly navigate between different sections of the platform.
Only the bots trading platform charges users fees based on their allocations. There are no hidden costs, everything is transparent. For every $100 invested, there is only a charge of €2.00. Allocations below $200 are free. Similarly, for allocations over $25,000, the fee is capped at €500.
A cleaner, simpler design
The entire platform is designed on the basis of simplicity, so that users can enjoy an enjoyable and easy experience. Simplified designs prevent users from feeling lost.
V2 bots are better in terms of simplicity, transparency and fairness. There is also a better pricing system compared to the old model.
With elaborate strategies and better bot updates, Napbots aims to simplify the whole trading process. There are hundreds of bots that claim to provide the best trading strategy by experienced traders. Yet most of them are not for beginners and only aim for short-term success.
Likewise, most so-called experienced traders come up with short-term strategies that are only temporarily effective. What sets Napbots apart from the pack is its experienced and proven team that builds the bots. The strategies offered on the platform have proven their long-term effectiveness, which differentiates professionals from future experts.
If you don’t have much time to devote to studying cryptocurrencies and want to trade, Napbots is the platform for you to check out. With its effective long-term strategies and established reliability, Napbots is designed to provide the best possible trading experience.
Follow Napbots on social media for regular updates:
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Keep in mind that cryptocurrencies are volatile and your capital is still subject to some risk.
All information on our website is published in good faith and for general information purposes only. Any action taken by the reader based on information found on our website is entirely at their own risk.