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Home Cryptocurrency Trading

Gunbot Review: An Automated Crypto Trading Bot

by Tim Baudin
April 21, 2022
in Cryptocurrency Trading
0
Gunbot Review: An Automated Crypto Trading Bot
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Gunbot assures passive income on autopilot with its automated software. The crypto bot provides multiple strategies and works with many of the popular exchanges. Newbies and experienced traders have ample features that will ensure simple and effective trading. Users can choose the style they want by customizing the strategies present. 

Bitsgap

What is Gunbot?

It is an automated software designed to make crypto trading efficient. The main objective of the software is to save time with the automated design.

Quick summary

The significant features of this system are:

Full automation

The bot uses the best automation software. It can combine strategies and customize your trading style. Further, the system works 24/7 executing trades for you.

User-friendly set up

The installation and use are easy and simple. You can get all trading info like portfolio checks, charts for the currency pairs, balance, etc. from a single view. 

Exchange support

It supports over 100 exchanges and is constantly adding more to ensure the bot works effectively on popular platforms.

Community 

The community of users contains over 7000 active members. Users get to use the strategies of successful traders and share theirs on the platform. 

Gunbot: background

We could not find info on the company as the official site does not provide details like the founding year, developer/team members, year of establishment, location, phone number, etc. 

How does it work?

The automated software works by executing many precoded strategies automatically. Furthermore, the application allows customization of the approaches as per your trading style.

How to sign up with Gunbot?

To use the crypto bot, you need to follow the steps below:

  1. Visit the official site and go to the sign-in section by choosing from the drop-down menu
  2. In the sign in section, choose the register option
  3. Enter the details requested like username, email, and choose a password 
  4. Once you agree to the terms and conditions of the site, click on the Register option
  5. The sign-up process is complete 

Now you can login and choose a package you prefer, install it, and the bot will take over the trading for you.

Does Gunbot offer a demo account?

No, the service does not allow the use of a demo account.

Profitability of Gunbot

The vendor does not provide verified performance proof of the efficacy of the system. Due to the lack of info on the bot performance, we are unable to assess the profitability.

Payments, deposits, and withdrawals

The platform does not support deposits and withdrawals. All funds are handled by the exchange only.

Exchanges supported

The service supports more than 100 exchanges that include popular names like:

  • Binance
  • Bitmex
  • Bitfinex
  • Kukoin
  • Coinbase Pro
  • Poloniex
  • Kraken
  • Huobi
  • Binance US and many more.

What about customer support?

For support, the company provides a Telegram group, email, Skype, and Whatsapp methods. It also offers one-on-one support including assistance through TeamViewer.

Benefits of using Gunbot

  • Numerous strategies to choose from
  • Fully automated software
  • More than 100 supported exchanges

Drawbacks of using Gunbot

  • Lack of vendor transparency
  • No verified performance 

Pricing review

Pricing plans include a Standard plan (0.0075 BTC), a Pro plan (0.0105 BTC), Ultimate plan (0.0175 BTC), Trading View Addon (0.003 BTC), and a Premium support (0.0055BTC). Features provided include a lifetime license, lifetime updates, support, and crypto sight profit tracker. The plans differ in the number of exchanges you get access to. With the Premium package, you get personalized installation and configuration through Teamviewer. It also includes tutorials, tips, and much more.

What are security measures?

The vendor does not provide info on the security measures the bot uses for safeguarding user data and privacy.

Is Gunbot legit?

The lack of info about the company makes it difficult to assess its legitimacy. Other than the website domain being registered for 2022, we could not find info about the company.

Ease of use

A graphic user interface is present allowing users to view all info on their crypto assets from a single section. Further, the automation enables users to be free of the hassle linked to manual trading.

Is Gunbot a good choice for automated trades?

The software has efficient features that allow trading on autopilot without the need for users’ input making it an effective automated software.

What are the risks of using Gunbot?

If you are interested in using this automated software, here are a few factors to consider:

  • The lack of vendor transparency
  • Absence of refund offer
  • No proof of performance
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The Review

Review verdict: a feature-rich bot for hassle-free trading

2.6 Score

Gunbot has several beneficial aspects like numerous strategies to choose from, customizable options, extensive exchange integration, good support, and a large community. Barring a few hitches like the absence of vendor transparency and a lack of refund policy, this is an advantageous bot for newbies and advanced users.

Review Breakdown

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