Gainium is a platform that gives crypto merchants with guide and automatic buying and selling bots and instruments. The platform presents a complete hub for researching, testing, analyzing, and deploying methods for worthwhile buying and selling with zero coding.
However is Gainium as environment friendly because it claims to be? This information evaluations the platform to assist buyers make an knowledgeable resolution.
Gainium Buying and selling Bots Overview
Beneath, we take a look on the Gainium buying and selling bot for an thought of its core options and capabilities.
|12 months of Launch||2022|
|Supported Exchanges||4 (Binance, Binance US, KuCoin, Bybit)|
|Supported Currencies||Cryptocurrencies out there on related exchanges|
|Safety||Information Encryption, IP Whitelisting, Protected API keys|
|Cell App||Not Obtainable|
Gainium is a cryptocurrency intelligence firm that builds buying and selling instruments to assist customers enhance their crypto earnings. The corporate was based in 2022 and is positioned in Singapore. It goals to offer customers with instruments that leverage synthetic intelligence (AI) to automate crypto buying and selling on exchanges.
With these instruments, buyers can mitigate the chance of human errors, save time, and cut back potential losses because of market volatility.
Nevertheless, throughout our Gainium evaluate, we found little details about when the corporate was based and the group behind the challenge. Based on the web site, Gainium was based by a software program developer, Ares Sanchez. Sanchez is named the “Captain of the ship at Gainium.io.”
It might be nice to know extra in regards to the group behind Gainium.
How Does Gainium Crypto Buying and selling Bot Work?
Like different standard buying and selling bots akin to 3commas, Gainium permits customers to create and automate buying and selling methods. These methods can be utilized within the spot market and for superior trades within the margin and futures markets.
After creating an account on Gainium, customers have entry to all of the platform’s buying and selling bots. These embody Grid bots, HODL bots, DCA bots, and Buying and selling bots. These bots are used for commerce automation within the cryptocurrency market.
On the identical time, customers can take a look at their buying and selling methods utilizing the backtesting characteristic on Gainium. With this characteristic, merchants are extra satisfied about their positions since they’re backed by historic information and provide extra potential income.
Nevertheless, Gainium will not be for newcomers, and utilizing a buying and selling bot requires first rate crypto data. This makes the platform extra appropriate for knowledgeable buyers.
The platform additionally presents paper buying and selling to crypto newcomers who wish to take a look at the platform or learn the way buying and selling bots work.
Beneath, we spotlight the standout options of Gainium that set it aside from its opponents.
A number of Buying and selling Bots
To supply customers with an edge and cater to all types of merchants, Gainium presents varied buying and selling bots to implement buying and selling methods. At the moment, the platform presents 4 completely different bots that merchants can select from. These embody;
- Grid Bot: This bot makes use of the grid buying and selling technique to make beneficial properties by inserting a number of lengthy and quick orders at intervals. With the Grid bot, merchants can set predetermined intervals, costs, and different instructions to be executed no matter market circumstances.
- Buying and selling Bot: Makes use of highly effective built-in technical indicators to create buying and selling methods and automate purchase and promote orders. In different phrases, the buying and selling bot opens and closes trades on behalf of the person to scale back human errors.
- DCA Bot: Makes use of the favored dollar-cost averaging (DCA) buying and selling technique to separate the person’s funding throughout a number of orders. However in contrast to different bots, the DCA bot waits for favorable market circumstances and takes a purchase or promote place when the entry value reduces.
- HODL Bot: This helps construct long-term funding portfolios by investing in a dealer’s favourite cryptocurrencies at the very best time. The HODL bot additionally employs the DCA technique however presents extra flexibility because it’s targeted on long-term investing.
Paper Buying and selling
Since crypto buying and selling bots usually are not superb for newbie buyers, Gainium supplies paper buying and selling to merchants with little to no data of bot buying and selling. With the paper buying and selling characteristic, merchants can simulate the platform’s buying and selling actions utilizing its bots with out utilizing actual cash.
In the identical vein, skilled buyers can take a look at the platform’s options and effectivity with digital cash earlier than buying and selling with actual cash on Gainium.
There aren’t any assured buying and selling methods in crypto. So, to check the accuracy of varied methods, Gainium presents a backtesting characteristic. This permits customers to run their methods in opposition to historic information, consider the efficiency, and make knowledgeable choices.
The nice half is that merchants can backtest utilizing a number of timeframes to reach at extra correct information. The characteristic additionally requires no coding data, making it appropriate for the common investor.
Integration With Well-liked Exchanges
Although Gainium is restricted in alternate assist, the platform incorporates a number of the world’s largest cryptocurrency exchanges. With assist from international exchanges like Binance, Binance.US, Bybit, and KuCoin, merchants have an honest platform for automated buying and selling.
The flexibility to simply join with these exchanges and commerce their supported cryptocurrencies is one other upside to Gainium. Equally, buyers can simply entry arbitrage actions by shopping for crypto on one alternate and promoting on one other for revenue.
Aside from buying and selling cryptocurrencies utilizing bots and methods, Gainium presents portfolio administration as a part of its providers. The built-in portfolio administration characteristic lets customers view all their bot buying and selling actions and steadiness dangers and rewards.
As well as, merchants can conduct an in depth evaluation of their investments per time to establish what works and must be modified to enhance profitability.
Throughout our Gainium crypto buying and selling bots evaluate, we found that the platform supplies no details about the variety of belongings it helps. Nevertheless, it’s anticipated that after an alternate is related utilizing API keys, the person can commerce throughout the supported cryptocurrencies on the alternate.
Nevertheless, after connecting to the Binance alternate, we found that Gainum helps 300+ buying and selling pairs denominated in ETH and BTC.
Solely 4 exchanges are supported by Gainium – Binance, Binance.US, Bybit, and KuCoin. Whereas the exchanges are restricted in comparison with opponents like 3Commas, with 16 exchanges, Gainium has a number of the world’s largest exchanges in its itemizing.
Regardless of its quite a few choices, Gainium strives to supply customers a clean expertise. The platform is constructed with a easy person interface that makes the person movement seamless from account creation to connecting exchanges.
It’s additionally easy to arrange bots and create buying and selling methods, and the platform doesn’t lag when completely different icons are clicked to execute instructions. Newcomers will significantly fancy how all tiles are properly laid with transient descriptions of their makes use of. This makes it straightforward to get began rapidly.
The buying and selling terminal can be primary, with simply the correct instruments and options to simplify utilization.
Nevertheless, the number of buying and selling pairs might be improved. In contrast to different platforms that spotlight the out there crypto buying and selling pairs, Gainium has them compressed in just a little field. Consequently, customers can’t absolutely view all the out there pairs.
There’s restricted details about Gainium’s security measures and the way it protects its prospects. Nevertheless, the web site states that the corporate deploys high-end encryption expertise to guard customers’ data.
Equally, Gainium employs protected API keys that can’t execute fund withdrawal, and customers can additional defend their alternate keys by whitelisting their IP addresses.
If efficient, these security measures can defend customers and their funds.
However, buyers ought to proceed cautiously with no report of any exterior safety audits.
On the time of writing, Gainium is in its Beta testing section. Which means there aren’t any charges charged for utilizing the platform. Customers can subsequently use its limitless buying and selling bots and different options for free of charge.
Nevertheless, the corporate expects that customers will present suggestions to assist it enhance the buying and selling platform. This may be carried out utilizing the “Ship Suggestions” or “Characteristic Request” beneath the Assist & Help part of the web site.
Since Gainium continues to be within the early levels of improvement, buyer assist is restricted. The platform supplies a “Contact Us” part on its web site, however customers can solely attain the group by way of e mail.
Bug reviews and suggestions are additionally despatched by way of e mail, so buyer assist is unavailable by telephone.
Nevertheless, to teach customers on the platform, its options, and bot buying and selling, Gainium supplies few instructional sources in its Weblog and Academy. These sources will likely be helpful to crypto newcomers and first-time customers.
It’s necessary to notice that there are at the moment no on-line person evaluations of the platform, so the assist group’s effectivity is but to be decided.
Gainium crypto buying and selling bots are a number of the newest bots within the crypto house. At the moment in its beta section, Gainium presents customers varied buying and selling bots throughout 4 main cryptocurrency exchanges – Binance, KuCoin, Bybit, and Binance US.
With its bots and methods, Gainium appears to be like like a stable challenge with potential. In different phrases, Gainium is value exploring by each newcomers and skilled merchants.
We stay up for seeing how the platform progresses.
Are crypto buying and selling bots worthwhile?
With the correct methods, crypto buying and selling bots can execute trades on behalf of customers for extra revenue. Nevertheless, there aren’t any assurances that these bots will make worthwhile trades.
How good is Gainium Crypto Buying and selling Bot?
Gainium crypto buying and selling bot generally is a good possibility for buyers as a result of it’s straightforward to make use of. Nevertheless, the platform continues to be being examined, so its effectiveness can’t be assured right now.
How a lot does Gainium Crypto Buying and selling Bot value?
The Gainium crypto buying and selling bot is at the moment free. Consequently, buyers can leverage its bots and buying and selling options without spending a dime.