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Profit Trading App Review: Is this a Scam?

Profit Trading App Review: Is this a Scam?

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Profit Trading App is a bot that was designed to help people make money faster than anyone else in their exchange. This is according to the claim that is being made on their website profittradingapp.com. They market the bot using the following statement and features: “The best free mobile client for quick trading with bot premium features! Place Stop Loss and Trailing Stop Orders with the app trading bot.” It’s allegedly great for beginners and amazing for expert traders. The bot is compatible with major exchanges like Binance, BitMEX, Bittrex, Kraken, HitBTC, Coinbase, Poloniex, Huobi, Bithumb, Cryptopia and Yobit. More exchanges are to be added soon.

The bot also lets you copy expert Profit Trading App traders and check their strategies as well. However, this feature is available for Binance and Bittrex. And with a referral link on their site, you can get a 10% fee discount on BitMEX and free orders notifications service. If you are intending to trade with Bitmex, you need to read a disclaimer on their website because if you don’t read the warning, you might just be disappointed with this product. Here’s a copy of that disclaimer: “Residents of the United States of America or Quebec (Canada) are prohibited from holding positions or entering into contracts at BitMEX. Residents of Cuba, Crimea and Sevastopol, Iran, Syria, North Korea and Sudan, or any other jurisdiction where the services offered by BitMEX are restricted are also prohibited.

You might also want to check these alternatives if you don’t believe Profit Trading app is ideal for your needs.

Profit Trading App review

What Is Profit Trading App? Profit Trading is a digital platform that enables users to make money with their Bitcoin at their favorite exchanges faster than anyone. It is the best free mobile client for quick trading with bot premium features. With the app, users can place Stop Loss and Trailing Stop Orders faster and easily using the app trading bot. The app is ideal for both beginners and experts and is available on various exchanges including Binance, Bittrex, HitBTC, Kraken, Coinbase, and more.

Profit Trading App Awesome Free Features

The app is a full exchange quick client with the following free features, which are ideal for the modern-day crypto trader:

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Buy And Sell Client feature

Traders using this app can buy and sell any currency in Bitcoins using its quick and easy-to-use interface. The primary objective of the app is to make trading easy. To that end, users can buy and sell Bitcoin with USDT and trade in any market of their exchange.

The Wallet

In addition, the Profit Trading app has a wallet with a full list of all the currencies with their BTC and FIAT equivalences, and the total Bitcoin amount. Therefore, users can easily manage their virtual currencies. Besides, it comes with a complete list of all open and closed orders, with their creation and filled dates.

Trading Chart And HODL Section

Every crypto trader requires a full chart for each coin. Users of this app will enjoy this trading tool because the app comes with a full chart of each coin with prices, volume history, and time range customization. This enables users to track BTC real-time chart. Besides, the HODL section enables users to manage their HODL signals and track their benefits, coin buy price, coin last value, amount, signal date and coin increment. They can also add signals directly from their bought orders in the Orders section or place them manually using the coin selector. Every signal has a direct access to its detailed chart. The Market Ranking feature enables users to check the trending markets with most benefits in the last 24 hours, ordering them by increment, price, or name.

Profit Trading app Feature

With this feature, traders can get profits with conditional orders, configure the market, the coin, and the buying and selling prices, and let the bot place the orders for them, so they just wait and get their profits. They can also place an optional Stop Loss to allow them control disadvantage market conditions. This feature also allows them to trade with coins that they don’t even own yet. Importantly, the Trading Bot is available for all the exchanges except Yobit.

Profit Trading app Extension Pack

The Trailing Stop feature enables traders to get the most benefit from BTC and altcoins fluctuation. This is probably the most powerful order type to get benefits. A sell Trailing Stop order sets the stop price at a fixed amount below the market price with an attached “trailing” amount.

When the market price rises, the stop price rises by the trail amount. On the other hand, when the stock price falls, the stop loss price remains constant. A market order is submitted when the stop price is hit. This trading technique enables investors to specify a limit on the maximum possible loss, without setting a limit on the maximum possible profit. The Auto restart bot allows traders to restart immediately it finishes all its operations. They just have to configure it once, sit back, and wait to get their results.

Configuration of the Profit Trading app

You can place several bots at the same time with different signals and coins, the possibilities are infinite, this is just one example of a configuration you can do with the app.

You can also edit your bot whenever you want, pause it, get notified when each operation finished and set the bot to restart when it finishes so you can keep getting profits from price repeating cycles. That’s all, you can go to sleep, go to work or whatever, because you don’t need you worry about checking prices and placing orders, the bot will do it for you so you won’t miss any profit opportunity.

Conclusion

The Profit Trading app appears to have been endowed with lots of features that some traders might consider useful. At this moment, we need to see some community feedback regarding the app’s performance. In the meantime, you can trust these bots to do the work.

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