3COMMAS

3commas is the terminal for trading on crypto exchanges. Features are set for automatic trading. 3commas bots make trades independently according to the parameters specified by the user.

3commas bots are connected to investment tools and algorithms for financial protection. 23 cryptocurrency exchanges available: Binance, BitMEX, Bittrex, etc...

The main feature of 3commas.io is the use of bots, which themselves conduct all trading operations according to the parameters that were set by the trader.

Main bots of 3commas:

• Trading Bot;
• DCA bots;
• Grid bot;
• Options bot.

Also crypto signals feature is also available. In order to trade using crypto signals, you need to select a signal, connect an exchange account to it, subscribe to the signal, launch the bot, select and configure trading parameters.

Trading Bot of 3commas is an automatic trading on technical indicators around the clock.

Features of Trading bot:

• a simple bot-manages one trading pair;
• composite bot-manages different trading pairs;
• long algorithm;
• short algorithm;
• signals for making trades;
• analyzing and copying bots.

The Long algorithm works like this: the bot buys a token according to the parameters set by the trader. Then put it on sale at a higher price. Buys for $20, sells for $22. Using short algorithm, the bot sells the token according to the set parameters. Then put it on the purchase at a lower price. Another example - sells for $22, buys for $20.

The DCA bots are used to invest at fixed time intervals in an asset or currency to reduce the price of entry after a period of time. In other words, the process of investment is gradual rather than immediate.

Assets are purchased at different prices at different times. The user gets the average price for his position, which minimizes his risks.

DCA means dollar cost averaging

Different DCA bots are available for beginners and experienced traders. For example, you can use ready-to-use bots or customize individual trading strategies.

The user selects the token and pays the initial sum of the investment, that’s how grid bot works. The bot will buy on downtrends and sell on uptrends. The bot works within the range which is set by the user. The trader can make adjustments to the specified bot operation strategy.

Grid bot estimates the volatility of the token over the last week and after analysis, it forms the operating channel and price extremes. It distributes the amount by the range and issues a net of limit buying and selling orders.

Three-day trial period is provided for getting to know the 3commas.io trading platform. A subscription is required for further usage, it means you need to pay for a plan. The 3commas team presents three subscription plans: starter, advanced and PRO.

The content of the plans can be found on the official website of 3commas. You can also learn more about 3commas on the official website or on the platform's YouTube channel.

Reviews of 3commas were generally positive. According to the negative comments, users emphasize: frequent updates and constant improvements of the functionality, which is why users do not have time to fully master it. Here 3Commas Reviews | Read Customer Service Reviews of 3commas.io you can Read reviews about 3commas.io.

3commas is a terminal for automated trading. It is suitable for those traders who cannot or do not want to spend a lot of time on trading and are ready to rely on algorithmic systems.

To start working with 3commas, you need to have at least basic trading experience and have initial capital. We do not recommend beginners to start their way in trading with paid platforms. Learn the basics on free software, collect capital and decide which type of trading is closer to you. You need to trust your experience, not advertising.