What is Crypto Revolt and what can I do with it?
Crypto Revolt is an autotrading software which utilises technology and mathematical algorithms to predict outcomes in the cryptocurrency markets. It applies a set of fundamental and technical indicators to discover potentially profitable trading opportunities and execute trades automatically. According to its website, the software works 0.01 seconds ahead of the market and can execute multiple trades at much faster speeds than humans can.
Furthermore, Crypto Revolt provides manual trading options for experienced traders. Users can set defined trading parameters for the robot to follow. The autotrading robot executes the trade as soon as it falls within the defined criteria (e.g. if you set the robot to sell Bitcoin if it falls below a certain value).
Is Crypto Revolt legit?
Crypto Revolt does facilitate trading in cryptocurrency and other trading instruments, but the bold statements proclaimed on its website should be regarded with caution. It states that users report making $1000 in daily profits using Crypto Revolt without any prior trading knowledge. This is very hard to believe and is almost certainly untrue.
It also proclaims of its software predicting winning trades with an accuracy of 99.4%. But even the most experienced traders with significant knowledge have difficulty in ensuring success with all their trades. And additionally Crypto Revolt claims to have won industry awards, but we could find no evidence to support this.
While Crypto Revolt can be used as a supportive tool in cryptocurrency trading activities, traders should not solely rely on the robot. Moreover, cryptocurrency markets carry a high degree of volatility. You can lose money without doing your research and adopting risk mitigation strategies.
How does Crypto Revolt work?
Crypto Revolt partners with regulated brokers that offer trading in crypto-assets and/or other trading instruments. The autotrading bot scans for signals and sends trading instructions to its associated brokers through an API. The broker platform executes the particular order of trade upon receiving the signal. A trader does not need to monitor or execute the trade.
Crypto Revolt key questions, answered
Which brokers can I use with Crypto Revolt?
According to the robot, Crypto Revolt partners with reputable and regulated brokers. It also states that these brokers carry the process of KYC and AML before enabling trading through their networks. The brokers that partner with Crypto Revolt aren’t listed, but could include EuropeFX and UFX.
What cryptocurrencies are supported on Crypto Revolt?
The robot offers trading in prominent crypto-assets including:
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Ripple (XRP)
- Dash (DASH)
In addition to cryptocurrency assets, the robot also offers trading of forex currency pairs and popular indices.
Can I use Crypto Revolt on mobile and desktop?
Yes. You can access Crypto Revolt through a web browser on any OS on desktop or laptop through an internet connection. The trading bot does not have a mobile app but you can access its services from a web browser on a smartphone.
Can I trade assets with leverage?
Yes. The partners associated with Crypto Revolt offer users to trade assets with leverage. The brokers offer CFD trading services, and can offer leverage of up to 1:1000.
It is advisable to start with small trading amounts, especially with leveraged trading. Cryptocurrency asset prices are volatile. With leveraged trading, your losses can be maximised if the trade does not work in your favour.
Can I open long and short positions with Crypto Revolt?
Yes. Crypto Revolt allows you to engage in margin trading through its network of brokers. You can open long and short positions through the autotrading robot.
A long position is when a trader places a bet that the price of an asset will move upwards, and a short position is when a trader places a bet that the price of an asset will move down.
What are the payment methods and withdrawal/deposit limits?
To access the services of Crypto Revolt, a trader needs to deposit a minimum amount of $250 into their trading account. The available payment methods include Mastercard, Visa, credit/debit cards, Skrill, Neteller, and PayPal.
Currently, there are no limits pertaining to withdrawals. A trader can also place a request for a withdrawal at any time. The withdrawals are credited directly to your bank accounts and may take up to 48 hours to reflect in your account.
Are there any costs and fees involved?
Not directly on Crypto Revolt. The cryptocurrency robot does not levy any fee or commission in exchange for its services. However, you may need to pay a charge on every trade that you conduct through the partnered broker’s platform.
How do I get paid? What about payouts?
To take a payout, you have to submit a request form available on the trading dashboard. The withdrawal amount is transferred to your mentioned bank account within 48 hours. There are no limits pertaining to payouts or withdrawals. However, you may have to submit proof of identity, proof of residence, and verify your bank details before beginning to trade and receive payouts from the trading robot.
What is the registration and verification process?
The process of registration is free and simple. To access the services of Crypto Revolt, submit the signup form available on the home page (this requires you to give basic details including your name, phone number, email address, and country of residence). After this, you have to verify the links and SMS sent to your email and phone number. After successful completion, you can now begin to use Crypto Revolt’s services.
Please note that while registration does not involve submitting any identification proof, to trade, you are required to undergo the KYC and AML process. Also, presently Crypto Revolt does not offer services in all the countries. You will have to check if your jurisdiction supports the autotrading robot’s broker.
What is their customer service like?
If you are not a member of Crypto Revolt, you can contact their customer service through live chat and a contact form. However, our team could not instantly get assistance through the live chat option. After you become a member of the trading bot, the available services for contacting their customer service include phone number, email, and live chat.
How to trade with Crypto Revolt
Crypto Revolt enables an intuitive trading interface that is easy for beginners and experts to navigate. All the options can be accessed through the control panel. The dashboard allows you to review your trades and your profits.
You can also set limits of stop-loss, daily profit, max daily trades, and the asset before enabling autotrading option. Setting the trading parameters allow you to trade while minimising risks. Crypto Revolt also allows you to switch between a demo account and live trading account so you can familiarise yourself with the platform without risking money.
Additionally, you can deposit funds and initiate a withdrawal by clicking on the broker’s interface platform.
To access the cryptocurrency robot services, here are the steps for opening an account:
- Step 1: Registration. To register on Crypto Revolt, you have to fill out a signup form with all your basic details. After you successfully complete the verification (links will be sent to your email address and phone number), you become a member of Crypto Revolt and can start to use its services. Please note that you do not need to provide identification documents at this stage
- Step 2: Deposit Funds. In order to start autotrading, you have to make a minimum deposit of $250 in the trading interface of Crypto Revolt. Alternatively, you can use its demo feature to navigate different options from its trading dashboard.
- Step 3: Trade. A trader can set basic parameters and turn on the autotrading option. The cryptocurrency robot finds potential trades and executes them. Otherwise, you can use manual trading to set your own trading conditions and allow the robot to execute your trading strategy.
Our top robot trading tips for beginners
Contrary to some of the claims made by Crypto Revolt, it is necessary that a trader must research and understand trading before using the platform’s services. Moreover, you must also be familiar with strategies that can minimise the potential of risks with trading in different assets. Here are some of our top tips.
- Familiarise yourself with trading. A beginner needs to be familiar with different aspects of cryptocurrency markets. Even with autotrading, you can set your parameters to minimise the number of risks.
- Understand cryptocurrency space. Never invest in something you don’t understand. Crypto-assets are volatile by nature. Also, they differ in comparison to other trading instruments. It is necessary to conduct your own due diligence in regards to investments and trading in digital currencies.
- Start with a demo account. If you are a beginner, start with a demo account. This allows you to not only acquaint yourself with trading but also with different services of the autotrading bot.
- Start small and build gradually. It is advisable to not directly engage with high leverage. Practise in small amounts. Leveraged trading can result in huge losses if your trade does not work in your favour.
- Only invest what you can afford to lose. While testimonials on the Crypto Revolt claim of generating thousands in daily profits, it is highly likely that they are not true. Start small and only invest what you can afford to lose.
Crypto Revolt offers autotrading services for digital currencies and other assets, but the robot has mixed reviews and indulges in dishonest marketing practices. The robot uses algorithms and technology to perform automated trading, but a user should not be completely dependent on the robot for trading.
Additionally, Crypto Revolt makes totally untrue claims about partnerships with celebrities, and asserts that traders use the software with no prior trading knowledge and make thousands of pounds. This sounds very too good to be true and should be treated with suspicion. Even the most experienced traders need to research constantly, stay updated with all the latest trends, and spend a considerable amount of time to achieve a degree of profitability in cryptocurrency trades.
While experts can access this software for manual trading, however, it is also advisable to research the different features of this autotrading robot and compare it with other bots before choosing it. All in all, do not rely solely on the robot. Start small and invest carefully.