Jet Bot is a top-rated Crypto Trading Bot. Join today and see why everyone is talking about this bot.
Quick Summary of this Jet-bot Crypto review
- It offers copy trading to its users.
- It has a simple and easy-to-use interface.
- Your funds stay on Binance as a non-custodial trading platform.
- Users can create their own custom bots with their own strategies.
- There is a three-day free trial for users to test the platform.
- Jet bot support is good.
- No credit card or KYC is required for account creation.
Let's see why Jet Bot is so Popular in 2023
Crypto bots have become very popular over the last couple of years with lots of companies popping up with their own version but Jet Bot is one that has led the way in automated trading and is still one of the most popular crypto bots to trade with.
This could be due to its branding or maybe the claims of how successful its bots actually are.
Let’s dive in and take a look at the Jet bot and why crypto traders like it so much, and why Jetbot will be a great choice for 2023.
There are a lot of crypto trading bots out there, but Jet-bot is one of the newest. It was introduced in 2020 and quickly took the crypto world by storm, garnering positive reviews among its many users.
This article will discuss some of its outstanding features, merits, and demerits, along with a step-by-step guide for those interested in signing up.
WHAT IS JET-BOT?
Jet-bot is a trading bot platform that simplifies the trading process by letting inexperienced users follow the battle-tested strategies of successful traders. One of the reasons Jet-bot has gained popularity is because of this mechanism, known as copy-trading.
You copy the strategy of expert traders, not the traders themselves, with the copy trading feature. Many traders have tested these strategies in real-life scenarios and found that they work well. Therefore, there is a greater basis for confidence in its viability.
Another unique feature of Jet-bot is that it is integrated with Binance as an authorized broker. Therefore, users can create a Binance account through Jet-bot with just one click. A feat like this is extremely rare in this industry and makes Jet-bot stand out from its competitors. Also, the platform provides a demo exchange account with $100,000 virtual capital to let traders try out its features without the risk of losing their assets.
HOW TO START WITH JET-BOT
It’s really simple, really. Go to the www.jet-bot.com website first. Click “Login” and then “Register” on the webpage. You need to enter your email address and password on the login form that will appear. To sign up with your Facebook, Google, or Telegram account, visit www.jet-bot.com
To confirm your account, the platform will email a link to the address you gave. After that, you would be prompted to link the account to your Telegram account. Once this is completed your account has been successfully created once you’ve finished that.
After that, you must link your Binance account to Jet-bot. Your API key and secret key are required for that and you get these within your binance account. Next, select either demo, futures, or spot as the operating scope for your bot. Finally, you need to make sure Telegram’s alert are active so that it can inform you of how your bot strategies are performing.
Additionally, it uses Telegram so that you may check trading reports, customize setup, and create bots from your mobile device.By using the Binance API, Jet-Bot enables you to take advantage of the faster synch speed.
How much does Jet Bot cost - Pricing
There are four pricing plans on Jet-bot. They are:
There is a 3-Day Trial to take advantage of.
Pricing has changed on the Jet bot crypto bot platform. You now pay fees only from your profit
- 2X – Profit fee: 50% – $25
- 3X – Profit fee: 30% – $100
- 5X – Profit fee: 20% – $150
- Unlimited – Profit fee: 0% – $750
The unlimited membership provides unlimited 0% fee lifetime access to the platform
The platform is free to use.
You can earn profit by creating custom trading bots or by copying the deals of TOP traders.
The platform charges only a success fee from the profit you make.
The unlimited plan provides you with unlimited, lifetime access to the platform with a 0% Profit Fee.
x2, x3, x5 plans are pre-paid. As we don’t have access to your wallet, they don’t charge a profit fee directly. The profit fee is included in the prepaid price. So, when you purchase a prepaid plan – you effectively top up a profit fee balance in advance.
Prepaid plans allow you to earn appropriate profit from the plan’s price. If you buy the x2 plan for $25 – you can earn $50 in profit; the x3 plan for $100 allows you to earn $300 in profit and the x5 plan for $150 allows you to earn $750 in profit.
Each pre-paid plan is valid until you reach the maximum profit level, after which, you can top up the profit fee balance again or purchase an unlimited plan.
Payment is made through Coinpayments (a crypto payment provider) in either BTC, ETH, TRX, BNB, or USDT.
INTEGRATION WITH BINANCE
One of the Jet-bot platform’s strengths is that it is an official broker for the Binance exchange, it has legal authorization to link traders’ accounts to be able to use their trading bots. In other words, it serves as a go-between between cryptocurrency traders and the Binance exchange. As a result, users of Jet-bot can set up Binance accounts directly on the Jet-bot platform, and use all of jetbots trading features.
HOW PROFITABLE IS COPY-TRADING WITH JET-BOT
The data speaks for itself. Jet-bot bots have a remarkable track record of success, with some achieving a total profit of up to 10,756% in less than a year.
Verification of these profitability numbers may be found in social media reviews left by actual users of the bot as well as in video reviews posted on YouTube and other platforms. Additionally, the site has a 100% rating on Coinpayments from over 700 users.
Imagine having $1000 in your account and seeing a 10,756% return in less than a year… My mths is pretty bad but I know that that is a lot of money!
Even though high numbers have been proven in the past remember that past successes do not always predict future success. Don’t be in a hurry to make a decision without doing all your own research on a few crypto bots first. Remember that no matter how promising a crypto company may be, it may all go into flames with a simple wrong direction of the market
IS JET-BOT SAFE?
Jet-bot only acts as a third-party program on your Binance account with limited authority. Jet Bot is a non-custodial trading platform so they never keep your funds on the Jetbot platform. They always stay on Binance for more security.
This way Jet bot doesn’t have the authority to withdraw your funds from your account. Your funds always remain in your Binance account, available for deposit and withdrawal as you wish in your Binance account only.
JET-BOT TRADING STRATEGIES
COPY-TRADING WITH TOP TRADERS
Copy trading is one of the most popular features of Jet-bot. After logging into your dashboard and creating an account on the site, you will notice a section labeled “Top bots” in the top left corner. When you click on it, a website displaying the platform’s top-performing bots will load. Simply follow them, and their trade methods will automatically be duplicated on your account without your involvement.
However, it is not free. Each bot charges a one-time fee for using its specific technique. The minimum amount needed and the trading pair that each bot uses are also different.
TRADE BOTH LONG AND SHORT STRATEGIES
This feature enables investors to continue making money regardless of the direction the market takes. The platform has two different kinds of bots: a spot bot and a futures bot. You can only profit from the spot bot when the market is moving in your favor.
Although the futures bot has a higher liquidation risk than the spot bot, it can still turn a profit in either direction. By creating a second bot in the opposite direction or increasing your future margin, you can, however, escape liquidation.
AUTOMATE AVERAGING THE ENTRY PRICE BY PLACING SAFETY ORDERS
Safety orders are implemented to guarantee that you still receive your profit even if the market is not moving in the way you anticipated. How does it function? Let’s imagine you programmed your bot to close the transaction when you have earned a profit of 5% and placed a purchase order for Bitcoin at a price of $20,000. As a result, the bot will earn when BTC reaches $21,000.
Imagine that the market then moves in the opposite direction. In that case, you would typically have to wait longer to achieve your profit point. To average your entrance price and lower your take-profit price, safety orders, however, cause the bot to buy more as the price drops.
AUTOMATE STOP-LOSS, TRAILING, MARTINGALE, AND OTHER FEATURES
All of these components are necessary for every trading strategy. Jet-bot automates the entire process for you, preventing you from incurring losses you can’t justify or failing to reap the profits you should have. Additionally, by doubling your transaction size in the subsequent trade, the bot uses the Martingale strategy to make it simpler for you to make up for any losses. Although this approach is audacious, it has a long track record of success.
As soon as you sign up, you are given a demo account with $100,000 in imaginary money to practice trading. Additionally, a demo bot is allocated to your account and starts working right away while updating you on all deals via your Telegram account. You can use the demo account as long as you like to get acquainted with the platform’s many techniques before moving on to the actual versions.
FREQUENTLY ASKED QUESTIONS
WHAT IS THE MINIMUM BALANCE FOR TRADING WITH JET-BOT?
For Jet-bot Binance futures accounts, the minimum amount that should be deposited in the deposit address for trading is 20 USDT. However, the recommended deposit amount is 100 USDT for automatic bot deployment. Traders with balances below that will have to deploy bots manually.
For copy-trading, each trader decides the minimum balance for following their strategies. Some are as low as $200, while others are as high as $10,000.
IS JET-BOT EASY TO USE?
It is, indeed. The platform works reasonably well as a browser application even if they do not yet have a mobile application. As was said before in this essay, the registration procedure is simple. Once you’ve registered, making your own bot or following others’ bots is simple and doesn’t cause any extra worry. Last but not least, the website’s chat and assistance sections guide you through any problems you could run into.
DOES JET-BOT HAVE SUPPORT?
Yes, they have helpful customer service representatives. You can submit a ticket to the customer support team if you are experiencing problems with the platform and you can anticipate a prompt answer. Telegram and Whatsapp both offer live chat features. Additionally, the website’s comprehensive help articles offer the necessary direction on a variety of subjects.
IS IT SAFE TO TRADE WITH JET-BOT?
Jet-bot only performs restricted functions on your Binance account as third-party software. Before trading, it doesn’t transfer your funds from your account to its platform. Your money is still in your Binance account, where it can be added to or taken out as needed.
Jet Bot Crypto PROS
- It offers copy trading to its users
- Good support
- Safe as they are non-custodial so your funds stay on Binance
- It has a simple and easy-to-use interface
- There is a free trial to use the crypto bot
- Users can create their own custom bots with their own strategies
- They have a good affiliate program where you can earn Crypto for referring other crypto traders to the platform.
- Jet bot adds new features and adjusts to what the market needs.
- There is a three-day free trial for users to test the platform
- No credit card or KYC is required for account creation
Jet Bot Crypto CONS
- Supports only Binance exchange
- There is no mobile app
Still not convinced about Jet-bot?
Still not convinced? Check out our Jetbot overview page on Automated Crypto Bots and see all the features that this trading bot has to offer.