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- 1 3Commas is a trading platform that has the widest collection of trading bots.
- 2 The platform is loaded with innovative trading tools.
3Commas is the perfect platform for automated trades. It has a variety of trading bots that help to place quick buy and sell crypto orders. The platform has varied plans and pricing, implemented security measures, and also provides customer support.
The idea behind creating this platform is that the new and advanced traders can make strategies from the 3 Commas interface to make profitable trades. This platform consists of different trading tools.
Facilities Provided by 3Commas Trading Platform
It facilitates traders who are looking to automate their spot trading, derivatives trading, HODL-based trading, and other strategies. The bots on the platform confirm that the traders can make good decisions with precision whether the market is bullish, bearish, or sideways.
As per the latest tweet on the social media platform X, 3Commas Pro automated tools are free until September 30. The user has to create an account, connect the API to 3Commas, and unleash the bot.
The 3Commas platform was developed by Yuriy Sorokin, Egor Razumovskii, and Mikhail Goryunov in 2017. The idea behind it is to make crypto trading accessible and automated.
It is implemented with enhanced security measures and this is the reason for its undoubted growth. In September 2022, the platform raised a fund worth $37 Million from Alameda Research. Despite the fall of FTX, Sorokin tweeted that the firm was unaffected.
The platform allows the user to pair with 16 exchanges which also includes some top exchanges like OKX. The user can connect the wallets to the interface that will help track the non-exchange holdings.
3Commas not only provides trade automation but also lets the user track crypto portfolios. The specific exchange users are also supported for debit and credit cards. The advanced setting will help the 3Commas terminal to set up the smart trades.
The platform provides the user with documentation to ensure the proper usage. The user can set the notifications and rebalance the portfolio directly by selling other assets for USDT or BTC. Exchange-specific trades are directly placed when the feature of Dynamic Trading Terminal is used. The user wouldn’t need to visit the exchange to make the trades.
Hence all these features streamline the trading process. The platform confirms that users can use different exchange accounts, track assets, and never fail the trading opportunity.
3Commas consists of Dollar Cost Averaging bots (DCA), Gordon bots, and Grid bots. The DCA bots automatically invest a fixed amount in a given cryptocurrency periodically. It also allows the user to choose the trading strategies.
For new traders, there are Gordon bots which are standard DCA bots with prior setups. With Grid bots 3Commas ensures that the bot automatically creates a price range and breaks down the analysis into multiple levels.
Summary
3Commas are made to simplify trading with automation. Setting up an account with the platform is very easy. It has multilingual support and also supports trading view integrations, crypto conversions, and other features.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
