Hodling or liquidating your crypto assets are two extremes that are not the best investment strategies in most cases. 3commas is a platform that allows you to constantly rebalance your portfolio in order to limit losses and maximize profit.
Trade on Major Exchanges Using Bots and Target Prices
3commas is a trading bot and portfolio balancing tool which helps you make the most of your cryptocurrency trades. Using a single interface, you can connect to a number of leading digital asset exchanges and trade on them simultaneously. The platform currently supports Binance, Bittrex, Bitstamp, Bitfinex, Poloniex, and Huobi among others.
The tool has a Smart Trading terminal that lets you open multiple trades and comes with stop-loss and take-profit features. It implements trailing mechanisms that give you the opportunity to trace market changes and limit potential losses. You can set target prices for both buying and selling a digital asset as well.
The platform maintains real-time notifications that keep you updated about the state of your orders. It produces a report covering your stats from all exchanges you are trading on. Another useful feature allows you to copy the portfolios of other traders who have been successful and have seen their profits grow over time.
3commas, which is available as a mobile app and a web-based version, has multiple pricing plans. The Starter package is the best choice if you don’t need bots. It supports unlimited trading and will give you access to the Smart Trading terminal for $22 a month. The Advanced plan comes with simple bots for $37 and the Pro subscription offers full portfolio management starting from $75 a month.