crypto trading with stop loss : Is it secure or a fraud?
If you've recently ventured into the crypto industry, then you will realize it's a totally different universe with various tools and options. Of course, one of them is crypto trading bot options which can simplify the lives of investors and traders alike.
Disclaimer It is my understanding that I am neither an advisor in the field of financial services or a crypto Expert. All views expressed are based on my personal experience and are solely for educational use.
Photo by Executium on Unsplash
With so many people relying on crypto trading bots that are constantly being developed, more and more developers have come up with fraudulent software to facilitate trading market. Most will result in losses in trading.
In recent months, there's a lot of hype going around the Royal Q robot which has been gaining a lot of attention due to its profit. Let's find out whether this bot is profitable or not. I have been trading with this bot for about two months . This means I'm well-placed for a walkthrough of the way this platform works as well as share my first impressions as well as the results of my analysis, and the whole experience.
The first thing to know is why has it gained so significant a following?
Royal Q's super easy-to-use interface.
A great referral system that can earn an ongoing passive income.
Mobile application to automate cryptocurrency trading.
Integration integration Binance application as well as Huobi for trading.
Low commissions and one-time activation charges make it a great choice for all.
It's certainly a lot of pros. Furthermore, I'm able to confirm from my personal experience that Royal Q is not a scam.
What is Royal Q?
Royal Q is an automated trading platform online for cryptocurrency that trades on behalf of you on behalf of and on behalf of you in your Binance or Huobi account using API settings.
This speculation tool is able to support more than 50 best crypto types to trade, as well as reputable institutions with a world presence.
Additionally, traders do not require to have any professional trading skills to trade and buy on the market for crypto, which makes it beginner-friendly.
How to register and activate RoyalQ bot using Binance API step by step tutorial
First Impression:
My surprise was that my first impressions actually rather good. No candy colors, nor Egyptian hieroglyphs user interface, everything was just like tap water. It was also clean and easy to accept which is why I registered quickly and decided that I would try the chat service for support and put a few technical issues regarding crypto development.
The support team responded within five minutes , with a clear informative, constructive and dad-like advice. I'm amazed because I experienced this support chat service across other cryptocurrency exchange platforms and it's true that I'm growing a long beard while waiting for answers over there. Other platforms that were able to respond to me with vague replies, which were either useless, irrelevant and even downright stupid.
Overall Summary of Royal Q:
Royal Q is an authentic bot platform which has been integrated into Binance and Huobi offering an the ratio of 80 to 20. (Royal Q earns 20% and you earn 80percent profit)
Indefinite income is made possible by 24-hour monitoring in real-time, the user only needs to turn on the trading option by depositing $140 and the robots start to work. ($120 for a year's subscription , with the remainder $20 for gas fuel)
The deposit limit for investors who are required to use the system varies between $100 and $15,000 ( Deposit $1000-$2000 in your Binance or Huobi account to ensure your bot is able to trade from it)
RoyalQ doesn't have access or access to your Binance or Huobi account. RoyalQ only trades through your account. You aren't required to worry about it.
The win rate for all transactions within the app is 97 percent, which is remarkable.
How do they work?
What I did notice is that the trading risks are significantly less with Royal Q because the trading robots are extremely speedy and smooth.
There are 2 different ways that people can earn money through Royal Q.
Trading Cryptocurrency
Affiliate (Referral)
Trading
Our primary aim is to have the bot make money for us by quantitative trading. Therefore, to begin trading, you'll have be registered on Royal Q's official link and then connect it to Binance or Huobi API so that it can complete the trade directly on your account without requiring any personal interaction. Additionally, the Royal Q platform doesn't have any access to your deposit funds, which makes it more secure for you.
After setting up for your new account, the most you have to do is to make yourself a cup and sit back as this machine will make trades for you by utilizing your capital and the rate of return varies from 20 to 50% per month based on the type of trading you prefer using compound interest.
This is a graphic of my earnings during this week.
Affiliate
Apart from trading royal Q's affiliate program is something that you must deeper into. This isn't just a traditional "bring a friend, get a one-time reward" scheme almost all exchanges run. Based on the structure they designed, it's possible to think of making a business model around this entry point. Then there is the fact that this program is one of the best within the field, by definition.
In the beginning, the program is comprised of six types of referral levels. Guys, this has no precedent in the industry; no to throw names but some "B" platforms have either one or two, and then it's done. There is the possibility of growing your trees with the number of branches and roots as your imagination allows you to.
At the beginning you'll earn $30 instant commission on everyone whom you've referred and get a portion of the commission on trades. This means that the amount you earn increases depending on the amount of referrals grows.
So , this platform is one of the most efficient system of referrals to earn passive income while your bot trades all hours of the day and earns profits. Sound good?
Learn how to sign up and then activate RoyalQ bot step-by-step
How to Get Started on Royal Q
For more information, click here. crypto trading 24/7 's a quick and easy procedure.
1) Create an Account
In order to sign up, you'll only need to input details of an email. Then, click send verification code to receive the confirmation via email. then you can create a password. After that , click the sign-up button to complete.
Once you have registered, you'll be ready to download the application. Do not forget to first create an account , and then download this app to your computer.
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2) Inactivate your account
Log into your account after installing the application on your mobile device to ensure that you can enable your account.
Click on "Mine" on the app before going to "asset" where you will find an "deposit".
You can copy your Royal Q wallet address on the deposit section so you can pay $ 140 (TRC-20) to the wallet's address. You will then activate your account with a click on activate.
3.) API Binding using Binance
After you've activated your account you must connect your bot to your Binance and Huobi account.
If you don't have a Binance account to start one, you can do it here.
First, open your Binance account, then click More - Other – API Management
Create API by creating "ROYAL Q" and then click on the "create API" button.
Click Edit and adjusts the API's restrictions.
The only items you'll be able to tick would be "Enable Reading" and "Enable Spot & Margin Trading." The remainder of the boxes will remain untickable
Then copy the API key and the secret secret from this web page.
Look over Your Royal Q app and click API binding Binance then paste it in there.
Congrats!! Now your bot is set to trade.
It is important to ensure that you have an amount of USDT in your Binance account. If not then deposit it so that the bot can trade from it. $1000-$2000 is the most ideal to startoff, but you can start with $100. However, this is totally up to your preferences.
4) Start Trading
Let's trade. You can open your app, and click on "Quantitative" just right to the main page.
You can find a lot of pairs here. Pick the one that suits your preferences before hitting "start".
For a view of your daily earnings for the day, simply click "Revenue" on the home.
How to register and enable RoyalQ bot using Binance API step-by-step tutorial
If you're having any problems or you want any help don't hesitate to reach out to us through RoyalQ chat option. To communicate with us, have to start by opening the RoyalQ app, click "news" and then click on "My Counselor" and then you'll find CashCrawl in the role of your counselor. From there you can chat
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