WunderTrading is a cryptocurrency platform that enables buyers to execute trades on the crypto market utilizing an automatic system. This platform provides stellar options greatest suited to crypto novices and superior buyers to create worthwhile trades.
This WunderTrading assessment reveals detailed details about the platform’s buying and selling course of, key options, providers, and plenty of extra.
The desk beneath supplies a abstract of the WunderTrading platform.
Launch Date | 2018 |
Platform | Internet and Cell App (Android platform solely) |
Cryptocurrencies Supplied | 100+ |
Charges | 1.00% fee |
Supported Nations | Not said |
Buyer Assist | Sure |
What’s WunderTrading?
WunderTrading has grown exponentially since its launch as a cryptocurrency alternate service in Estonia. The platform has supplied customers with an improved buying and selling course of since its institution in 2018.
The platform self-identifies on its web site as a “monetary expertise agency that makes an attempt to facilitate the real-world utility of cryptocurrencies by way of quite a lot of items and options.”
Merchants should purchase over 100+ cryptocurrencies by way of credit score/debit card and wire transfers on the WunderTrading platform. Some prime cryptocurrencies out there on the platform consists of BTC, ETH, BNB, LTC, XRP, and so on.
As well as, the platform provides prime cryptocurrency alternate options to its customers. These providers embrace a complicated buying and selling terminal, sign market, crypto portfolio tracker, and quick deposit strategies.
To enhance the buying and selling expertise for each fundamental and superior merchants, WunderTrading incorporates two main options: Automated Copy Buying and selling and Automated Crypto Buying and selling Bot.
- The ‘Automated Copy Buying and selling’ characteristic: That is designed to fulfill the wants of buyers with out prior expertise buying and selling the crypto market. The characteristic permits inexperienced merchants to repeat the strikes of elite merchants with a profitable observe file. That method, they’ll earn when the merchants revenue.
- The ‘Automated Crypto Buying and selling Bot: This characteristic completes trades robotically for buyers. This performance works based mostly on buying and selling parameters set by customers. With the Automated Crypto Buying and selling Bot integration, WunderTrading might help buyers execute trades on the go and leverage market alternatives.
Nonetheless, through the course of researching for this WunderTrading assessment, we couldn’t confirm this declare. We additionally found a couple of unfavorable critiques concerning the performance of the buying and selling bot on third-party assessment websites.
Customers can get began on this platform free of charge and full verifications to entry all supported options and providers.
How Does WunderTrading Work?
WunderTrading has an intuitive interface and easy functionalities, so buyers and merchants can navigate the platform in a couple of clicks. The platform works like most corporations working within the crypto market. They run an identification verification earlier than customers begin buying and selling.
WunderTrading verifies all customers as a fundamental legislation requirement to manage cash laundering and stop monetary crime on the crypto automation platform. Merchants should purchase Bitcoin, Ethereum, and different supported cryptocurrencies by way of credit score/debit card or wire switch after verification.
Nonetheless, WunderTrading fees buying and selling charges on each buy of cryptocurrency. Nonetheless, these charges are low and vary between the typical charges within the trade.
The platform provides customers 4 forms of buying and selling accounts which range based mostly on chosen subscriptions or pricing.
The 4 forms of accounts are:
These subscriptions are a major income and revenue for WunderTrading.
Buyers can begin with the ‘Free’ account to get used to the platform earlier than upgrading to different account tiers.
The automated buying and selling software program incorporates a strong cellular app model of its platform to accommodate buyers and merchants preferring the comfort that cellular apps carry.
Our analysis discovered that many of the app customers are glad, in accordance with critiques. Nonetheless, a couple of complaints had been just like these found on third-party assessment websites. These complaints had been largely associated to bugged interface and the on-screen keyboard points.
WunderTrading Key Options
WunderTrading provides progressive options to its prospects. A few of them are;
Automated Crypto Buying and selling Bot
The automated crypto buying and selling bots permit customers to create, take a look at and apply commerce methods to a set cryptocurrency pair inside a timeframe.
As soon as the buying and selling bot is ready up, merchants can create alerts to obtain indicators on when to purchase or promote a specific asset. The platform’s buying and selling bots convert and execute them as quickly because the sign is obtained.
One of many advantages of utilizing WunderTrading bots is its functionality to guard merchants in opposition to volatility and develop their portfolios seamlessly. Nonetheless, customers ought to notice that these crypto buying and selling bots must be activated by customers as they solely act on set parameters and specs on a specified cryptocurrency.
Automated Copy Buying and selling
With the WunderTrading Copy Buying and selling device, buyers can instantly copy profitable merchants’ methods and incorporate them into their automated buying and selling bots.
Customers can copy the commerce with the identical settings in real-time as quickly because the sign supplier generates a sign manually or by way of a buying and selling crypto bot. This device is interesting and useful for crypto novices eager on high-profit returns however doesn’t have the time or data to time the market motion appropriately.
Cryptocurrency Portfolio Tracker
WunderTrading provides a crypto portfolio tracker to provide buyers a transparent view of their portfolios.
The portfolio tracker lets merchants maintain a tab on their purchases, returns and gross sales. WunderTrading permits merchants to manually enter their trades or join their alternate’s API to handle their portfolios simply.
A number of Account Administration
Fashionable merchants are inclined to have a number of crypto accounts for various causes. WunderTrading permits customers to regulate trades throughout a number of exchanges from one gadget utilizing the A number of Account Administration characteristic.
Buyers can even interact in arbitrage buying and selling. Customers can concurrently buy and promote the identical crypto belongings on completely different markets to generate revenue from tiny market actions in worth. The platform helps lots of the common cryptocurrency exchanges, together with Binance, KuCoin, OKX, FTX and Kraken.
Prime Providers on WunderTrading
WunderTrading provides distinctive providers vital to buyers and merchants eager to revenue from the crypto market. These providers are damaged into three:
- WunderTrading Cryptocurrency Change service supplies customers full entry to the cryptocurrency market. Buyers can use fiat currencies to buy 100+ cryptos, together with large movers like Bitcoin, Ethereum, and Litecoin, with credit score/debit playing cards (Mastercard or Visa). The platform provides low buying and selling charges and a quick cost methodology (bank card).
- WunderTrading Commerce Providers permits retailers, buyers, and merchants to conveniently settle for cryptocurrency funds by way of their electronic mail or web site.
- WunderTrading Commerce Providers additionally provides buyers an unlimited vary of stellar buying and selling providers to simplify their buying and selling processes and enhance their income. These buying and selling providers vary from automated buying and selling bots, copy buying and selling instruments, crypto portfolio trackers, superior buying and selling terminals, and plenty of extra.
Moreover, customers can earn extra revenue by way of the platform’s referral program. WunderTrading referrals are an revenue supply for merchants who’re rewarded with a fee for each referral.
Buyers can invite their family and friends to the platform and achieve a 20% lifetime fee for each referred member that makes use of a subscription plan. Referred members additionally get a bonus low cost of 10% on any one-month subscription plan.
General, the options provided by WunderTrading make it extra invaluable to merchants than the typical cryptocurrency alternate.
Are you able to Commerce on WunderTrading?
The WunderTrading platform permits customers to commerce and put money into cryptocurrencies. To begin, crypto merchants should create an account and full the verification earlier than accessing this platform’s full buying and selling options and providers.
Buying and selling accounts and not using a accomplished verification can solely buy $300 value of cryptocurrencies.
As soon as account verification is full, customers should purchase cryptocurrencies instantly by way of their bank cards.
When it comes to promoting crypto belongings, the options of automated buying and selling bots and replica buying and selling instruments have simplified the method. The complexities related to the cryptocurrency market don’t apply to WunderTrading platform customers, as buying and selling options make it straightforward to purchase and execute trades always.
WunderTrading Minimal Deposit
In our evaluation of WunderTrading, we realized that customers can begin investing in cryptocurrencies with a €50 minimal funding. Customers can seamlessly provoke a deposit by way of bank card and financial institution switch
Charges
Whereas registering an account is free, customers should subscribe to a paid plan to improve from the essential tier to different premium plans. Different charges which can be tied to this platform embrace commissions and a withdrawal price.
The membership prices vary from $0 for a free account to $44.95 for a premium account. Buyers can initially join a free account and improve once they need to deploy extra bots or different premium capabilities.
When customers purchase crypto utilizing the platform, a fee is taken from the acquisition worth. The present fee is $5 or 5% of the paid bill. Withdrawals are additionally topic to a cost. As an illustration, the Bitcoin withdrawal price is 0.0005 BTC, across the common trade normal.
Customers can fund their accounts on WunderTrading with a mess of cost choices. This consists of SEPA, financial institution switch, Apple Pay, debit playing cards and crypto funds. Every cost choice comes with its separate deposit charges.
WunderTrading Pricing Plans
WunderTrading options 4 subscription packages for crypto merchants: Free, Primary, Professional, and Premium. The platform provides subscription reductions for purchasers who order for greater than a month. WunderTrading provides a ten% low cost for 3 months, 15% for six months, 20% for 12 months, and 25% for twenty-four months.
The choices of every plan are detailed beneath:
Free Plan:
Value: $0.00 monthly.
Key options:
- 5 open positions
- 2 lively bots
- 1 API per alternate
- Buying and selling Terminal (for Spot and FuturesTrading)
- Bot Buying and selling (for Spot and Futures Buying and selling)
- Simultaneous Take Revenue and Cease Loss
Primary Plan:
Value: $9.95 monthly.
Key options: Every little thing within the Free plan, plus:
- 15 open positions
- 5 lively bots
- 2 API per alternate
- Trailing cease
- Spot and futures buying and selling
- DCA buying and selling terminal
Professional Plan:
Value: $24.95 monthly.
Key options: Every little thing within the Primary plan, plus:
- 100 open positions
- 15 lively bots
- 5 API per alternate
- Mounted quantity for handbook buying and selling (futures solely)
- Unfold buying and selling terminal
- Swing commerce
Premium Plan:
Value: $44.95 monthly.
Key options: Every little thing within the Professional plan, plus:
- 1000 open positions
- Limitless lively bots
- Limitless API per alternate
-
WunderTrading Buyer Assist
WunderTrading crypto buying and selling encompasses a assist centre and FAQs space on their web site, in addition to quite a lot of useful materials for buyers. Customers can even entry a reside chat characteristic on the platform’s web site to obtain responses in lower than 20 minutes.
Is WunderTrading a Rip-off?
Though we had been unable to confirm whether or not the WunderTrading cryptocurrency platform is a fraud, that is what we do know.
The app claims to supply a dependable method for crypto to begin buying and selling and investing in cryptocurrency simply whereas combining many options like a crypto alternate, a social buying and selling platform, Bitcoin funds, and OTC providers into one software program.
Nonetheless, regardless of these a number of options, WunderTrading is straightforward to make use of and greatest identified for offering buying and selling scripts, bots and its copy buying and selling characteristic that enables merchants to repeat the trades of others robotically. Buyers have entry to 4 plans: free, fundamental, professional, and premium, with charges starting from $0 to $49.95.
WunderTrading helps a number of cost choices, together with Visa, Mastercard, Skrill, Financial institution Switch (SEPA), and Bitcoin. Customers can manually handle a number of crypto exchanges by way of the buying and selling terminal or bots.
The Estonian authorities regulates the platform to function as a supplier of alternate providers between digital and fiat currencies. Two-Issue Authentication (2FA) can also be used to strengthen account safety.
Nonetheless, whereas the alternate provides these options there are some issues about an unreliable system and customer support. Customers have made complaints about bots robotically closing and slowly getting sluggish to no response once they ask for a refund.
The right way to Use WunderTrading
Potential customers can start to make use of WunderTrading utilizing the easy steps defined beneath:
Register
Potential customers should go to the web site to register on the platform and supply fundamental data like title, electronic mail tackle, and a robust password.
After this, the person will obtain an electronic mail and be requested to confirm it. This may be achieved by merely clicking on the verification hyperlink. The subsequent step is to decide on a plan relying on the person’s goal. Nonetheless, the free plan is nice sufficient for anybody simply beginning on the platform and has sufficient options to assist familiarise them earlier than transferring to different plans.
Join Change
Customers should hook up with the alternate, or specifically, the alternate API, to make use of a few of WunderTrading’s buying and selling options, just like the buying and selling bot.
As soon as logged in, go to Settings, click on “My Exchanges,” and choose “Add New.”
Enter the account title, API key, and secret key within the kind, then select the alternate.
Different merchants and buyers will have the ability to see the account title. Additionally, customers can acquire the API key and secret from the alternate web site.
Click on on Add
The alternate will probably be seen in Settings > My Exchanges. Customers can now begin buying and selling with WunderTrading.
Create Bots or Begin Buying and selling
As soon as the alternate API is related, customers can begin buying and selling or creating buying and selling bots. Merchants can resolve to commerce themselves or let the copy-trader make trades for them.
The right way to use the Copy Dealer
- Go to Copy-trading and choose Begin from the Copy-trader menu.
- Choose a dealer below the Market menu, then click on Comply with.
- Click on “Okay” and choose the API profile they need to use to comply with the dealer or bot.
- Faucet verify, and click on “Okay.”
Customers can return to the Copy-trading tab to view the merchants they comply with and the closed transactions.
The right way to create a Buying and selling Bot
- Navigate to Bots, choose Technique, and click on Create.
- Configure the Time Body, Change and API Profile, and Bot Title. Choose their pairs
Then, customers can set up the portfolio share. - Modify the leverage.
- Fill within the final worth, ask worth, or bid worth after selecting the order sort. Customers are required to specify if they need a number of entries or not.
- Subsequent, Decide the a number of take-profit targets.
- Set the cease loss, then create a bot technique.
Customers with free accounts can solely have 2 bots lively without delay however must improve in the event that they plan to extend the quantity and entry extra options.
WunderTrading Execs and Cons
WunderTrading provides large advantages to crypto merchants and buyers. Nonetheless, there are areas upon which the alternate can enhance.
Execs
- Low buying and selling charges
- Helps prime cryptos (BTC and ETH)
- Automated crypto buying and selling bot
- Automated copy buying and selling
- Free account plan
- Superior buying and selling terminal
- A number of account administration
Cons
- Restricted cost choices
- Automated buying and selling wants refinement
The Verdict
WunderTrading has created a dependable platform for automated cryptocurrency buying and selling utilizing supported exchanges and worth choices. The web site helps new customers to get began and grow to be accustomed to the platform by offering a free various. It will assist customers decide whether or not or not a paid plan is worth it.
Many cryptocurrency buyers discover it interesting to run buying and selling bots and replica the strategies of different merchants, so WunderTrading is undoubtedly attention-grabbing.