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Home Cryptocurrency Trading

AstreoBot Review: Is It a Legit Crypto Bot?

by Tim Baudin
May 11, 2022
in Cryptocurrency Trading
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AstreoBot Review: Is It a Legit Crypto Bot?
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AstreoBot claims to let you become a professional trader, even if you have no prior trading experience. It gives you full control over your assets and offers numerous configuration options. In this review, we are going to analyze the various aspects of this system like features, vendor transparency, supported exchanges, pricing, security, etc.

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What is AstreoBot?

It is an automated trading system that lets you configure your trading strategies. You can also use it to monitor your trading activities and analyze the performance of each asset. While providing you with daily trading tools, it also offers a deep insight into the market, helping you make better decisions.

Quick summary

The key features of the system are as follows:

  • 24/7 trading

Once you configure the system, it will work for you 24 hours a day, 7 days a week, throughout the year. There is no need for manual intervention since the platform is 100% automated.

  • Live alerts

Whenever there is a profit-making opportunity or an update about your purchases and sales, you receive a live notification via Telegram or push notifications on your phone. 

  • User-friendly interface

The interface is highly intuitive and it lets you easily configure your strategies, assets, and exchanges. You can track and analyze your orders and profits, adding filters based on time, exchange, and asset. 

  • Multiple indicators

You can make safe investments with the help of indicators like MACD, RSI, Stochastic, and Bollinger Bands. 

AstreoBot: background 

Unfortunately, there is not enough information on the parent company behind this platform. We don’t know in which country it is registered. It is unclear when it was founded and the vendor has not revealed the identities of the team members.

How does it work?

This platform acts as a link between you and your exchange account. You configure the settings to decide how your assets are traded and when. The interface shows you all the open orders and transactions. This bot is very transparent about its operations and you can always view the latest opportunities on the market. 

How to sign up with AstreoBot?

Go to the official website and navigate to the pricing section. From there you need to select a pricing plan and complete the checkout process after sharing your personal information. You can download the tool on a VPS or a desktop PC with MacOS, Linux, and Windows. It is necessary to activate the license using the key sent via email.

Does AstreoBot offer a demo account?

This platform does not offer a demo account. This means you won’t be able to test the effectiveness of your strategy using virtual money. 

Profitability of AstreoBot

There are no verified trading results that show us the performance of the bot. Profitability depends largely on the market sentiment and the strategy.

Payments, deposits, and withdrawals

This platform only accepts Bitcoin as a payment method. It doesn’t have deposit and withdrawal permissions.

Exchanges supported 

This system supports top exchanges like Binance, Bitfinex, Bittrex, HitBTC, Poloniex, and KuCoin.

What about customer support?

There is a wealth of documentation you can access on the website. You can also raise a support ticket or seek support from the Telegram community.

Benefits of using AstreoBot

The benefits are as follows:

  • 7-day free trial
  • User-friendly control panel

Drawbacks of using AstreoBot

Let’s look at the drawbacks:

  • Lack of vendor transparency
  • Only Bitcoin payment
  • No demo account

Pricing review 

There are three paid plans called Start, Basic, and Pro that are priced at 0.0100 ฿, 0.0165 ฿, and 0.029฿, respectively. The plans are quite expensive and there are no refunds.

What are security measures?

This platform connects to exchanges using secure API keys, so you have full control over your assets. However, it does not have advanced security features like multisig or 2FA.

Is AstreoBot legit?

We have no information on the parent company and there are no reviews on third-party websites.

Ease of use

The setup process is fairly simple and there are no overly complex functionalities. 

Is AstreoBot a good choice for automated trades? 

While the features of the platform are adequate, it doesn’t have the advanced security offered by others.

What are the risks of using AstreoBot?

There is a severe lack of vendor transparency and the pricing plans are too expensive.

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The Review

Review verdict: highly configurable but expensive platform

3.2 Score

AstreoBot doesn’t have much of a reputation among crypto traders. The plans are much more expensive compared to others and only Bitcoin payment is accepted. It supports some of the top exchanges and has an intuitive design, but is lacking in security features.

Review Breakdown

  • Features:
  • Exchanges Supported:
  • Security:
  • Price:
  • Customer Support:
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