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Home Cryptocurrency Trading

WealthyBot Review: Is It a Legit Crypto Bot?

by Chintan Patel
May 2, 2022
in Cryptocurrency Trading
0
WealthyBot Review: Is It a Legit Crypto Bot?
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According to the developers, WealthyBot is an automated cryptocurrency trader. We can sell and buy crypto assets without being involved in trading directly. So, for us it’s time to check it out. 

Bitsgap

What is WealthyBot?

The system is an automatic solution to keep a trader’s account profitable. 

Quick summary

  • WealthyBot can manage our account automatically. 
  • We can work on Binance safely.
  • The system will work with our account through API keys.

WealthyBot: background

The robot was developed by Sevan Bomar on December 22, 2020.

How does it work?

The system has some details about the settings, features, and other perks explained. 

  • We can expect that the robot will help us with automatic orders execution. 
  • We have to proceed with registration before getting started. 
  • The system provided us with trading simulations. 
  • We will receive support via Telegram. 
  • The bot’s deposit has to have enough credits to close orders automatically. 
  • The main strategy to work is Price Action. 
  • The system supports storing API keys on our PC. 
  • A VPN service is a good option to trade on several exchanges at once. 
  • We should add Binance API to WealthyBot in order to link them together.
  • The advisor looks for the best market setups to place an order. 
  • We have to pay a percentage of profits from every closed order. 
  • There’s a user manual provided. 
  • We shouldn’t work on the same account manually. 
  • It provides us with a user simulator to test the robot properly. 
  • We can work with Binance and other exchanges. 
  • There are various states in the US where cryptos are not allowed: Alabama (AL) Connecticut (CT) Florida (FL) Georgia (GA) Hawaii (HI) Idaho (ID) Louisiana (LA) New York (NY) North Carolina (NC) Texas (TX) Vermont (VT) Washington (WA). 
  • Binance is the best exchange to trade with this robot. 
  • It will be traded against USDT. 
  • The core symbols are BTC, ETH, LTC, ETC, BNB, or EOS.

How to sign up with WealthyBot?

We have to register on the platform and deposit some amount of money to the system, so the robot will close orders for us. 

Does WealthyBot offer a demo account?

No, but we can paper test the system properly before getting started. 

Profitability of WealthyBot

We don’t know how much profits the robot can make monthly. 

Payments, deposits, and withdrawals

We have to start trading with $150 on the account balance. The robot’s balance should be over $30. The owners will charge 20% comissions. 

Exchanges supported

The core exhcnage to trade is Binance. 

What about customer support?

The developers will provide support via Telegram. 

Benefits of using WealthyBot

  • The system will charge us only when we close an order for a profit.
  • We have to pay nothing to purchase it. 

Drawbacks of using WealthyBot

  • No risk or money management advice given 
  • No trading results provided 
  • No verified people’s testimonials written 

Pricing review

We have to start trading with $150 on the account balance. The robot’s balance should be over $30. The owners will charge 20% comissions. 

What are security measures?

The robot works with the market through API keys. So, the account will be secured from being withdrawn. 

Is WealthyBot legit?

Yes. The system is legit and can be used freely. 

Ease of use

The robot looks like a system that is welcome for our skills to work with on a real account. 

Is WealthyBot a good choice for automated trades?

We can’t claim this for sure without verified trading results provided. 

What are the risks of using WealthyBot?

The system can lose orders. We don’t know its real win rate. 

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The Review

Review verdict: the system has no trading results

2.8 Score

WealthyBoy is a robot that works with a Price Action strategy. The presentation includes various information about the system and how we have to use it properly. The developers charge percentage from winning trades automatically. So, they get nothing if we aren’t profitable. 

Review Breakdown

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