3commas

Website

3commas.io

Pricing URL

Official 3commas Pricing

$ Details

Release Date

2017 January

Categories

#Cryptocurrency Trading #Cryptocurrency Investment #Cryptocurrencies #Crypto #Trading

Startup details

Country

Canada

State

Ontario

City

Toronto

Founder(s)

Yuriy Sorokin

Employees

10 - 19

BlockWallet

Website

blockwallet.io

Pricing URL

-

$ Details

-

Release Date

-

Categories

#Productivity #Crypto #Web3 #Cryptocurrencies #Cryptocurrency Wallets

3commas features and specs

• User-friendly Interface
  3Commas offers an intuitive and easy-to-navigate interface that caters to both novice and experienced traders.
• Automated Trading Bots
  The platform provides various automated trading bots, such as DCA, GRID, and options bots, which help users maximize their trading opportunities.
• Wide Exchange Support
  3Commas supports a broad range of cryptocurrency exchanges, enabling users to trade across multiple platforms from a single interface.
• Smart Trade Terminal
  The smart trade terminal allows users to set advanced trading strategies, including trailing stop loss and take profit, which can help optimize gains and limit losses.
• Social Trading Features
  Users can follow and copy the trades of successful traders through the social trading features, offering a way to learn and potentially profit from experienced traders' strategies.
• Portfolio Management
  The platform offers comprehensive portfolio management tools, enabling users to track and analyze their asset performance in real-time.
• Mobile App
  3Commas offers a mobile app, giving users the flexibility to manage their trades and monitor the market on-the-go.

Possible disadvantages of 3commas

• Subscription Costs
  The platform operates on a subscription basis, which may be expensive for some users, particularly those just starting out in trading.
• Learning Curve
  While user-friendly, some of the more advanced features and strategies may have a steep learning curve for novice traders.
• Reliance on API
  Users need to grant API access to their exchange accounts, which carries inherent risks in terms of security and privacy.
• Market Dependency
  Automated trading bots perform based on market conditions; during highly volatile or low-liquidity periods, the bots may not perform as expected.
• Limited Free Features
  The free plan offers very limited functionality, pushing users towards paid subscriptions to access the more useful features and tools.
• Technical Issues
  Like any software platform, users may occasionally encounter technical issues such as bugs, system outages, or slow performance.

BlockWallet features and specs

• Privacy Protection
  BlockWallet emphasizes privacy by integrating features that help mask users' blockchain activity and keep their online history and transactions private.
• User-Friendly Interface
  It provides an intuitive and easy-to-navigate interface, making it accessible for both beginners and experienced users in the crypto space.
• Security Features
  BlockWallet offers enhanced security measures, including encrypted storage and secure password options, to protect users' assets and data.
• Support for Multiple Networks
  The wallet supports various blockchain networks, allowing users to manage a diverse portfolio of cryptocurrencies from one application.
• Customizable Transaction Fees
  Users can adjust transaction fees according to their preferences, enabling a balance between speed and cost efficiency.

Possible disadvantages of BlockWallet

• Limited Advanced Features
  While it covers basic needs effectively, seasoned crypto users might find the lack of certain advanced trading or analytics features limiting.
• Relatively New Product
  As a newer entrant in the wallet market, it may not have the same level of community trust or a long track record as more established wallets.
• Dependency on Third-Party Integrations
  Some functionalities might rely on third-party services, which can add layers of complexity and potential points of failure.
• Potential for Hidden Fees
  There may be concerns or dissatisfaction around hidden costs that are not immediately apparent at the time of use.
• Learning Curve for Beginners
  Although user-friendly, individuals completely new to crypto wallets may still experience a learning curve in understanding all features and functionalities.

Analysis of 3commas

3Commas Review & Tutorial - Profit Easily With 3commas Smart Trade 2020

More videos:

Privacy Is Important | BLOCKWALLET