Percent profitable (avg)
How does it work exactly?
We have developed a spot trading algorithm. This constantly monitors ten listed coins using the USDT pair on Binance.
When certain conditions are met, the algorithm will generate buy and sell signals which are then handled by our platform and distributed to its users who are able to see what is being traded, their current balance and realized/un-realized profits so far by trade, day, week or month.
There are also options at no extra cost for the more experienced traders. These include the ability to manually market sell (not recommended) or bolt-on different strategies to the algorithm such as trailing stop-loss, OCO limits and more – if you like to experiment!
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How much profit can I make?
With an average win-rate of 73% and the fact that the algorithm has managed to beat the buy and hold returns of all traded pairs (along with the BTC trend) then it’s a question of how much you want to allocate!
However, it’s not all profits. There is such thing as drawdown and of course there will be losses. We use stop-loss settings on all our trades to minimize these hence the good results.
Please be aware of the inherent risks of trading the volatile crypto market and don’t risk money you can’t afford to lose. We never close positions early and strictly stick to the signals from the algorithm. Emotional trading is not what we are about – you will have the option to close them on the platform if you really want to though.
Is it safe?
Yes, we don’t agree with ‘profit sharing’ so do not ask you to enable withdraw permissions on your chosen exchanges API settings.
Your API key and secret are AES-256 encrypted before being stored in the database, and the database is in an isolated DMZ without public access. We also use a certificate for encrypting/decrypting the API-Keys, which is kept outside the database servers.
Is QuickTrade an exchange/broker?
No. It is simply a platform that enables you to connect to your chosen exchanges via. API – to then automatically make trades for you using our very own algorithm.
When will it be made public?
Our first round of beta testing finished at the end of June 2021. We are in the process of making some adjustments and will most likely enter a second phase after and invite some community members from our Discord to take part. We will also post updates there to keep everyone up to date on the latest news.
Will I need to download anything?
Absolutely not – you don’t need to worry about getting a VPS, VPN, leaving your machine running or downloading any software. We handle it all for you.
Do I need to deposit funds?
No, QuickTrade simply uses your exchange API to fetch your balance and make trades for you, nothing else. The only payment we process here will be the cost of using the platform which will be separate.
Get notified on launch!
QuickTrade is still in beta, however, we don’t wan’t to keep you waiting for too long. Enter your details below to receive an email when we launch… or maybe we might invite more to the beta testing!