Pricing
- Free
- Starter – $22/month with annual payment
- Advanced – $37/month with annual payment
- Pro – $74/month with annual payment
Supported Exchanges
18
Platform
Web, App
Education
Yes
Customer Service
Email, FAQ, Social media
Pros
- Access all major cryptocurrency exchanges from an one platform.
- Viewable and copyable bot library
- A simple dashboard with all the functionality you need in one location.
- Good customer service
Cons
- Possible slight lags with the mobile app.
- On lower tiers, there is a trading bot commission.
3Commas Review
The basis of 3commas, which is situated in Miami, is an online platform where anyone may engage in automated bot trading of cryptocurrencies. It’s a great option for anybody who wants to invest in the stock market but doesn’t have a formal education in finance or a lot of experience doing so
Any computer or mobile device with an internet connection may use the 3commas platform. You may choose from a variety of trading bots that 3commas provides, each of which specializes in a certain trading strategy (stop-loss, short, etc.).
The user interface also allows for the creation of personalized trading positions. The trading robots may be set to work just during certain times or left 24/7.
Continue reading if you are interested in determining whether or not 3Commas is an appropriate platform for the automated trading you do.
About 3Commas?
The 3Commas platform was created in 2017 by Yuriy Sorokin, Egor Razumovskii, and Mikhail Goryunov in Tallinn, Estonia. The intention was to provide an environment conducive to the development of crypto trading bots, which would then enable traders to automate their trading.
Despite stiff competition, the 3Commas automated trading systems immediately gained a loyal following. Because of the team’s extensive knowledge in the field, they were able to release a cutting-edge crypto bot.
Simply put, the trading bots from 3Commas enable you to conduct hundreds of transactions in a fraction of the time it would take to do it manually. In addition, the 3Commas bot’s profitability is more stable than human trading since transactions adhere to a predefined plan.
Who Should Use 3Commas?
The 3Commas crypto trading bot may be just what you’re searching for if you need an accessible platform for trading cryptocurrencies regardless of your level of expertise, with bots that can be tailored to your specific needs and access to all exchanges.
The 3Commas platform is a full-featured cryptocurrency trading platform, enabling users to use automated trading bots, mirror the trades of successful traders, and monitor their own portfolios’ performance.
In addition, users may participate in intelligent trading by developing unique trading strategies and implementing predetermined stop-loss and take-profit instructions.
Is 3Commas Safe?
The data on the 3Commas exchange platform is appropriately secured, and the platform has a clear policy for handling sensitive information.
It is important to keep in mind that your trading bots cannot withdraw funds from your connected accounts and that you do not hold any funds on the platform.
Your trading bots use an application programming interface (API) to communicate with your exchange accounts and then execute transactions on your behalf, much like those offered by other trading bot platforms. Users need just provide their API keys, which are produced by their exchanges, to start this procedure without transferring any fiat or cryptocurrency to external accounts.
3Commas Platform & Features
Built-In Trading Strategies
Implementing common trading methods will improve your algo trading performance, whether you’re just starting or have had some experience.
Through its web-based platform, 3Commas offers a user-friendly interface, a plethora of functionality, and in-depth statistics. Users can employ short, basic, composite, and composite short bots, establish stop loss and take profit levels, and personalize their trading strategies.
In addition to the platform’s automated bots and performance metrics, users may also create, evaluate, and back-test crypto portfolios while keeping tabs on the most successful portfolios developed by other users. Social trading allows users to mimic the trades of more experienced traders.
Easy-to-use Automated Trading
During registration, you’ll link up with your chosen trading platform and decide on a bot to automate your trades depending on your preferences. Only with a premium subscription can you employ numerous trading bots simultaneously.
So that you don’t have to spend all day staring at a screen, bots may be programmed to accomplish certain tasks. To invest in a particular asset, a bot only needs to decide on the amount and currency to use. It eliminates the requirement for manual buy/sell orders.
During sign-up, you may decide on a trading pair, initial capital, and desired return on investment. You can always make changes, but starting with a thorough onboarding procedure will allow you to optimize your trading operations afterwards. Your established settings and preferences can also help you maximize your trades in accordance with your desired profit and comfort level with risk.
It’s important to remember that there are many options and settings to configure throughout the onboarding process, which might appear daunting to new users. Adding a bot to your trading platform might be intimidating if you haven’t done much of it previously.
There are two types of bots available to you: basic and composite. One coin pair is all that’s needed for a basic bot to trade (like Bitcoin and U.S. dollars). A composite bot may trade numerous coin pairings at once. After settling on a certain robot, you’ll then construct its trading strategy, which will involve the following steps:
- Pairs of coins will exchange in
- Maximum number of open trades
- Base order size
- To Trade Long or Short
- Order type
Support for Popular Exchanges
There are at least 18 distinct centralized exchanges that are supported by 3Commas. The following are some of the most well-known ones:
- Binance
- FTX
- OKX
- KuCoin
- Coinbase Pro
- Bitstamp
- Crypto.com
- Gemini
- Huobi
- Kraken
Mobile App
The mobile app is available to all subscribers, regardless of subscription level. You can also make the same kinds of trades from your mobile app that you do from the desktop version.
This makes it easy to check on your trades wherever you are. However, the app’s performance on mobile devices still lags below that of the desktop version. The engineers are still working on it, so there may be a lag in alerts and the smart trading app for mobile devices.
Ease of Use
Users will find the 3commas platform’s user interface and user experience (UI/UX) to be straightforward. Different strategies may be fine-tuned with the use of sliders and labeled indicators.
Even novice traders should have no trouble getting around the site, and the trading bots are simple to implement. You can connect to an exchange, configure smart trades and bots, and gain access to other features with a single click within your account. The dashboard’s design is likewise intuitive, with a handy sidebar that lets users easily navigate to the sections and functions they use most.
3Commas Pricing
There are four distinct plans available from 3Commas, one of which is free to use. In addition, the premium plans just demand a monthly membership charge, with no additional fees or commitments. Since the site works with several exchanges, however, you may be subject to the transaction fees of your chosen crypto exchange.
Free
- 1 One GRID Bot
- 1 One Options Bot
- 1 One DCA Bot
- (One Multi/Single pair for Spot or One for Futures)
- 1 One Active SmartTrade
- Unlimited Scalper Terminal
Starter – $22/month with annual payment
- 1 One GRID Bot
- 1 One Options Bot
- 1 One DCA Bot
- 1 One Smart Bot
- (One Multi/Single pair for Spot or One for Futures)
- Unlimited Active SmartTrades
- Unlimited Scalper Terminal
- Paper Trading
Advanced – $37/month with annual payment
- 1 One GRID Bot
- 1 One Options Bot
- 1 One Smart Bot
- Unlimited DCA Bots
- (Unlimited Single pair for Spot. One Multi pair for Spot or One for Futures)
- Unlimited Active SmartTrades
- Unlimited Scalper Terminal
- Paper Trading
Pro – $74/month with annual payment
- Unlimited GRID Bots
- Unlimited Options Bots
- Unlimited DCA Bots
- 1 One Smart Bot
- (Unlimited Multi/Single pair for Spot & Unlimited for Futures)
- Unlimited Active SmartTrades
- Unlimited Scalper Terminal
- Paper Trading
Available on all plans:
- 16 supported exchanges
- Multi-level referral program
- TradingView integration
- All of your crypto accounts in a single portfolio
- Free mobile apps
- Plus more than 20 trading features
How to Open An Account?
Visit the website of 3Commas and choose the plan that you want. Then submit your email address as well as a password in order to sign up for the service. When you click the link in the verification email that was sent to you, you will be able to validate your account and gain access to the control panel.
The team is also fairly flexible regarding the available payment choices. Subscriptions may be paid for in either fiat currency or cryptocurrencies, and payments made using credit cards and transfers made through PayPal and AdvCash are also accepted.
In Conclusion
The 3commas trading platform is one of the most flexible and powerful. Regardless of skill level, everyone can get started immediately, thanks to the straightforward UI.
Binance, Coinbase, and Huobi are just a few major exchanges compatible with the system. With the help of the 3Commas trading bot, both inexperienced and seasoned traders may take advantage of the market’s 24-hour availability and optimize their profits.
Ultimately, give the free plan a try before making a long-term commitment to the platform. You can also try out the premium features of 3Commas without having to give any credit card information by signing up for a free trial.
3Commas Review Overall
3Commas offers a robust and user-friendly platform for automated cryptocurrency trading, suitable for both novice and experienced traders. With support for all major exchanges, a comprehensive bot library, and excellent customer service, it provides a versatile solution for optimizing trading strategies. However, users may experience slight lags on the mobile app, and lower-tier plans include trading bot commission fees. Overall, 3Commas stands out as a flexible and powerful tool for automated crypto trading.
Pros
- Supports all major cryptocurrency exchanges from one platform.
- Access to a viewable and copyable bot library.
- All functionality in one simple, accessible location.
Cons
- Possible slight lags with the mobile app.
- Lower-tier plans include trading bot commission fees.
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