Botsfolio offers powerful bots that tradу for you with professional expertise. As per the vendor, the platform makes an average ROI of more than 7.95% per month. No prior knowledge is needed to start using the service. To verify the veracity of the vendor’s claims, we have analyzed various aspects of this crypto tool including its functionality, performance, and support.
What is Botsfolio?
With this crypto trading tool, you need not tweak the settings to ensure profitable trades. The bots work on autopilot and use effective investment strategies. It has features like risk management and portfolio diversification that help meet your financial goals and risk levels.
Some of the key features we found in this crypto bot are:
It automatically deploys investment strategies without your intervention. The bot scans the market round the clock and places orders on your behalf. You need not create or configure approach methods.
You can withdraw your crypto assets anytime from the exchange. The bot cannot withdraw or transfer it.
A smart risk management feature is present that ensures your investment is safe. It uses diversification of net investment by using short and long-term approaches to reduce risk and increase returns.
The service is part of KribX Inc., USA. There are no details on the founder, team members, founding year, reputation, etc. Other than the email addresses for support and marketing, there is no info on the vendor.
How does it work?
As per the info on the official site, the setup is simple. Using the platform is done in the following steps:
- You answer a few questions on the allocation of your investment in the different strategies
- Add the capital to the exchange of your choice and connect it with the platform
- The bots will trade from your account. You can track the activities using the visual dashboard feature
How to sign up with Botsfolio?
To register you need to create an account using your Google sign-in credentials or enter your email and create a password. Upon registration, you can choose from the packages available and the bots will take over.
Does Botsfolio offer a demo account?
No, the service does not offer a demo account facility.
Profitability of Botsfolio
As per the info present on the official site, the service can provide an ROI of more than 7.95% per month. The recent performances of the platform are provided on the official site but these are not verified results.
Payments, deposits, and withdrawals
The company does not have control over the deposits and withdrawals. It is allowed to trade from your account but cannot withdraw your funds.
The exchanges supported by this platform are
- Coinbase Pro
What about customer support?
For support, the vendor provides an FAQ section and an email address. We could not find other support methods like a live chat window, phone number, etc.
Benefits of using Botsfolio
- Simple user interface
- Diverse strategies
Drawbacks of using Botsfolio
- Only a few supported exchanges
- No info on the security features
The pricing plans are based on your portfolio value.
- Portfolio value $1.0k to $3.0k: $4.75/month
- Portfolio value of $3.0k to $10.0k: $9.50 /month
- Portfolio value $10.0k – $50.0k: $14.25/month
- Portfolio value $50.0k – $100.0k: $19.00/month
Additionally, the company charges a 15% performance fee on the quarterly profits.
What are security measures?
There are no details related to the safety measures used by the platform including the use of API keys and 2FA methods.
Is Botsfolio legit?
The vendor provides info on the location and an email address for support. Past performance reports are present for users to check on the efficacy of the bot.
Ease of use
We find the website design is easy to navigate. There are separate sections for the pricing, registration, login, and others.
Is Botsfolio a good choice for automated trades?
Automated trading is one of the main features this platform offers to users. Using the system is easy and completed in a few steps making it a hassle-free choice.
What are the risks of using Botsfolio?
Some of the risk factors we identified in this platform are:
- The pricing plans are high and there is no refund or trial offer.
- We could not find info on the security methods that the platform uses.
- Not many supported exchanges.
Review verdict: a user-friendly automated crypto tool
Botsfolio offers diversified investment management on autopilot with its efficient features. Users will find the simple interface, risk management, and various strategies added advantage of using the platform.