Portfolios: Disabling “Auto Reallocate” 3Commas Help Center

Pionexis one of the best 3commas rebalancing trading exchanges with 12 free trading bots. This Binance trading bot allows users to automate their trading without constantly checking the markets. The trading fee of this Binance trading bot is the lowest compared to most of the many crypto trading exchanges. The trading fee of this exchange is 0.05% for the maker and taker. Bitsgap is one of the best Binance trading bots that helps you manage your crypto assets efficiently. It is one of the best trading applications which enables you to analyze more than 10,000 crypto pairs.

If you’re looking for a hassle-free way to trade cryptocurrencies, the 3commas grid bot could be just what you need. At the same time, the platform’s three-day trial, which doesn’t require any payment information, also becomes a great way to test its services in real time. Instead of doing it all yourself in all accounts on cryptocurrency exchanges, you can have SmartTrade do it on your behalf. The set of features from the SmartTrade hub that you will use is ultimately determined by your experience and knowledge of how trading strategies work. As we mentioned in the previous sections, 3Commas allows you to execute trades on multiple exchange platforms through a single hub.

Main Features of 3Commas

The live order book and trade data in the trading terminal leverage Shrimpy’s real-time WebSocket streams to ensure an experience that feels native to the exchange. Customers can also execute a rebalance instantly using the “Actions” option on the dashboard. With a single click, Shrimpy will get to work buying and selling assets on the exchange to rebalance the portfolio. It only takes a few seconds to complete a process that would take hours to do manually. This bot is suitable for options traders and is highly customizable, suitable for options traders with simple or complex requirements.

• Withdrawals are usually disabled, so the API keys cannot move your assets from an exchange.
• This decentralized platform makes rebalancing by combining all assets into one multi-token.
• The built-in portfolio tracker helps consolidate all your positions to help you quickly see what is happening with all your accounts and trades.
• We offer a rich feature-rich environment for sole traders where you can place orders, input signals, and execute at Binance any strategies that were created using third-party apps.

On the right side you can see https://www.beaxy.com/ profitability statistics. QFL is great for profiting from possible dead cat bounces – when the price falls sharply and reverses, but without much strength, and soon continues to decline. You will be able to connect the API as soon as you register on the platform.

Smart Sell.

Before you get started doing anything with 3Commas you are going to need to link your exchange account to the 3Commas platform. Basically, you need to give 3Commas access to your trading account and provide it with permission to execute trades on your behalf. 3Commas is one of the top platforms offering this type of service, utilized by over 220,000 traders worldwide with an overwhelming number of positive reviews from satisfied users. Working with Binance since 2017, 3Commas and Binance became official partners in 2019. This strategy is just an attempt to find the indicator values for the trading bot service that I use . Due to the use of the “request.security” function in the code, the indicators can be redrawn, but this is not important in history.

• Simply put, it’s easy to use, user-friendly, and very popular.
• For even greater safety, logs and backups are available.
• You can learn more about Shrimpy in our Shrimpy Review.
• AI-based strategy- Here the AI sets the range for the upper and lower limit of the grid in which the bot will be trading within.
• It’s a completely automated process, so you don’t need to do anything except set it up and then sit back and let it do its thing.

It will then repeat this action non-stop until you direct it to cease its mission. Choose when bots start new orders with different start conditions. This is good option as opening new positions immediately after closing previous ones is not the best option all the time . Smart Cover – great feature to take advantage and collect additional profit with unexpected market moves. Sell and buy back coins with trailing Take Profit and Trailing Buy. Support for TradingView – TradingView is the most popular charting platform in the world.

For example, if you set the number 4, the bot will place a new protective position when the price falls by 1%, 2%, 3% and 4%. An average profit of around 15% per month is about 160% per year. Yes, it’s not 1000%, but it’s a VERY GOOD stable profit. If you are not a professional trader – crypto-bots are a great opportunity to create passive income. As we mentioned in the previous section, 3Commas allows you to execute trades on multiple exchange platforms through a single hub. So, after you have connected the right exchanges to 3Commas, you need to decide which trading strategy you are going to use.

TradeSanta vs 3Commas

Users will be able to maximize their trading capabilities by using internal artificial intelligence-based services and products such as bots and analytics. GokuMarket’s primary goal is to create a secure marketplace for cryptocurrency products and services. Intelfin multiplatform created a fully automated system that is highly responsive and automated using blockchain and hybrid intelligence. The platform automates transactions and assists aspiring and experienced investors, financial managers, and companies in achieving success in the digital asset market.

It has all imaginable indicators and charting tools and you can make use of that through 3Commas’ Smart Trade dashboard. Concurrent Take Profit and Stop Loss – through 3Commas, you can set both take profit level and stop loss concurrently, and the bot will close your position whichever situation happens first. The investor must first decide how much of their portfolio they want to allocate to each asset.

Connect Cornix to any of your favourite channels or TradingView scripts, and our bot will automatically create trades in the exchange account. To maximize your profits, you can use our advanced trading features, including multiple entries, concurrent stop-and-take-profit orders, trailing stop, and stop-and-go orders. It’s easier than ever to access the most advanced trading features. Our Optimized Configurations feature allows you to use your signal channels configurations or customize your trading.

Before that, I was working in the classic US and European stock markets. Since then, I have gained extensive experience in both cryptocurrency investing and day trading. I am happy to share with readers my experience with crypto exchanges, DeFi GMT and NFT instruments. It comes with all available features on the platform except paper trading. Please note that only one smart DCA bot is available in the free plan. For the most risk-free trading, our team recommends running 3 or more different trading bots.

Automate your trading strategy to simplify your portfolio management. To automate trading strategies that increase performance and reduce risk over the long-term, connect Shrimpy with all your crypto exchange accounts. Shrimpy was designed with security in mind right from the beginning.

Signals are provided by third-party partners and typically come with a monthly subscription cost. Users with a “Free” or “Starter account cannot download or use signals without upgrading their account. So far, there have been minimal complaints from existing customers about the reliability of the online service provider. This could be because the service has existed for over five years, giving it enough time to test, iterate and improve on existing processes and systems to ensure class-leading reliability.

3Commas.io is a non-custodial trade automation platform in crypto launched in 2017 by Yuriy Sorokin, Egor Razumovsky, and Mikhail Goryunov. The crypto trading bot service, headquartered in Tallinn, Estonia, is one of the market leaders in its sector, currently serving more than 220,000 active monthly users across the world. I became a crypto asset owner in 2014, when the industry was in its infancy.

To make it easy for you, we describe the main products below. Alright, so I assume you know a bit about portfolio rebalancing, and now you are ready to become more disciplined and grow your investment with proper risk management. Tax season is a headache for everyone, but even more so for cryptocurrency traders. Crypto tax tools will help organize your trades and tell you how much you owe on taxes in an automated fashion. CryptoCompare is a site that has been around for a long time in the industry. They offer reliable market data as well as tools to track your portfolio and informative articles to learn about new developments and different coins.

Like Shrimpy, 3Commas connects to crypto exchanges via API. After that, the user can execute trades across any exchanges right from the 3Commas terminal. Additionally, Shrimpy encourages users to store some assets on cold wallets away from exchanges. Shrimpy’s rebalancing would take these assets into account but would not trade them. To stay in touch with crypto markets, you can also use Bitcoin.com’s Bitcoin Markets tool which provides real-time data on the current prices and valuations of 500 cryptocurrencies. Check out our Bitcoin Charts page for charts showing price, capitalization, hashrate, and fees for BCH and BTC.

In this post from December 28, 2022, Zhao advised users to disable any API key they have put in 3Commas. Also, besides being a tax tool, Cointracking is an excellent portfolio tracker. It’s the most popular one in the industry and makes life so easy. Don’t let negative news articles tell you that Bitcoin transactions are decreasing, or fees are too high.

Once a signal is issued, a 3Commas bot can execute an order. The order will always come with proper risk management parameters such as a stop loss and take profit. The underlying specifics of what the bot searches for and what trades to execute can be fully customized. The SmartTrade platform also features notes and a trading journal to keep track of your trades and provides an automatic summary of your trading statistics.

Portfolio automation is the bread and butter of Shrimpy. If you want to set up your investment for long-term success, look no further than Shrimpy. 3Commas provides templates that have proven profitable over time when used responsibly by professional traders. Also, a 3-day free trial is not long enough to get familiar with all the different features and functions of the platform. It would be nice to see this increased to 5 or 7 days, at least give someone a full week with a weekend to get a feel for things. Even though I did not need it, I tested out their customer support for the purpose of this review and I must say they have quite the crack support team.

They also have historical data which can be purchased and used by developers to experiment with their own trading strategies. If you are looking for portfolio management, try Shrimpy. If you are looking to create trading strategies and automate your trades, you can try 3Commas.

Coindar is another service similar to CoinMarketCal which has a sleek interface and lets you view major events happening soon at a glance. Rather than relying on news articles to gather all of your information, use a couple of trusted calendar services to look ahead. They will let you view upcoming events at a quick glance. On the other hand, experimenting with different tools that fit your needs is something you can take action on now, and it will likely change the way you operate for the better.

By extension, the 3commas rebalancing measures implemented on these large exchanges contribute to the overall safety within the 3Commas ecosystem. It’s a completely automated process, so you don’t need to do anything except set it up and then sit back and let it do its thing. And because it’s always working away in the background, you can take advantage of market opportunities even when you’re not actively monitoring your screens. However, 3Commas strongly discourages providing full access APIs with withdrawal permissions.