Digital currency trading bots have become more resilient and reliable over the years. Inevitable software upgrades and innovations in technology have made it much easier for these bots to stand the test of time.
In order to get a better idea of what these virtual banking mediums offer in terms of trading environment and cryptocurrency transactions, Let’s take a look at one of the most affordable and widely accepted trading terminals: Margin.de, previously known as Leonardo.
In this Margin.De review, we will be discussing the various features and perks that come with the best trading bot that distinguish it from the rest, so that we can better understand why it is such a welcome relief to cryptocurrency traders.
What is Margin.de?
It is, simply put, one of the most effective and secure entry-level trading bots you can find in the cryptocurrency market .
Originally known as Leonardo, the trading terminal is quite successful. Following a change in ownership, the clunky looking interface was replaced by a newer, user-friendly design that is both a refreshing take on the trading bot platform and at the same time highly efficient. It makes daily Bitcoin transactions much simpler and easier. The addition of several new features and its compatibility with a variety of cryptocurrency exchanges have made it all the more appealing to users.
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Margin.De Review: Features to Look out For
The following are some of the additional features that give Margin.de a competitive edge over the rest of the cryptocurrency trading terminals:
The Drag and Drop Feature
The Margin.De employs the use of charts, graphs and other means to visually represent the flow of the cryptocurrency market. The drag and drop feature is a relief in the way it breaks down complex and illegible data into a simpler format, and it is a surprise that a lot of other leading bot companies haven’t thought of this before.
Not only do the users get to keep up with the latest news and the ups and downs, they also have the opportunity to view an impressive number of markets at the same time and make informed trading decisions accordingly.
Bots to monitor your trade
With Leonardo (now known as Margin.de), the user is provided with access to a number of bots that keep track of the cryptocurrency market. They monitor the outcome of your online trading activities at all times. This helps to keep you regularly updated on what’s new, ensuring that you don’t miss out on anything even while you are offline or asleep.
Analysis using technical indicators
The cryptocurrency platform provides you with technical indicators such as MACD, EMA, RSI etc. that help you analyse the market better. This allows you to predict some of the market outcomes such as estimating what the price of a certain coin will be in the near future. This in turn lets you make smart trading decisions and devise strategies as a result of and directly depending on these reliable estimates.
The trading platform allows you to customize the interface whenever you want. For instance, you can change the positions of certain segments on the platform to something you are more comfortable with. This could help give your terminal a personal touch and make it easier for you to conduct daily transactions.
Top priority: Security
You can rest assured that your private data will remain safe and secure even in the event of an attack on any of the platform’s servers. This is made possible thanks to the fact that the encrypted API that runs on the company’s servers are only a half of the whole encryption key. In short, the Margin.de is fully secure and no one will be able to access your personal data even if it does get attacked.
Advantages of using Margin.De
- It supports numerous cryptocurrency exchanges. This includes Binance, Latoken, Bitfinex, Huobi and plenty more.
- It is extremely affordable. It only charges a one-time fee and the three different packages offered (starters, standard and professional) appeal to newbies and seasoned traders alike.
- It is fully secure. The two-part API encryption key makes sure that the users won’t have to worry about their personal information being stolen even if any of the servers do get attacked at some point.
- Access to unlimited trading bots to give you an objective overview of your trading decisions.
Disadvantages of using Margin.De
This Margin.De review would be incomplete if we didn’t touch upon some of the cons associated with the trading terminal.
- The trade level data or the algorithm used is publicly available. In other words, it isn’t capable of exploiting anomalies in the trading world since most of its data can be replicated. This diminishes whatever edge it has over its competitors.
- It doesn’t offer a variable fee structure. The payment packages are all fixed. In other words, you won’t be compensated by reducing what you’re originally supposed to pay in case you incur a loss on any of your strategies, just like you won’t be expected to pay extra if your trading activities prove to be profitable.
How is Margin.De priced?
Compared to some of the other trading bots that offer monthly subscription packages, the Margin.De’s pricing is a lot more user-accommodating. They only charge you one single time. This works really well for beginners who would like to try their luck in the market by testing the waters but would rather not make a huge, risky investment just yet.
The following are the three packages offered by the platform.
- The Starter package priced at $89 that supports a single currency exchange of your choice.
- The Standard package priced at $169 that supports all exchanges.
- The Professional package at $1999 that supports all exchanges while allowing for multiple APIs for each exchange.
It is worth mentioning that all three packages allow you access to an unlimited number of bots to help monitor your transactions during the time periods in which you are inactive.
There is also a free demo trial version of the Margin.De online that helps users get familiar with the platform and see how it works. This can help you see if you’re interested in the services offered and whether you would like to proceed further.
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How Profitable is Margin.De?
Since it is a trading platform, it is true that you can generate money with the right strategy. However, this largely depends on your investment choices. in order to make a substantial amount of money, you can seek guidance from professional traders who are actually doing well and follow up on their strategies.
Nevertheless, the amount you spend on the single-charge-fee while purchasing the bot can be easily recovered over time in case you find that the market is a bit slow or rather non-opportunistic at the moment.
The bottom line is: Yes, it is possible to make money using Margin.De, but this depends on how knowledgeable you are of the market and how well-designed your strategies are. If you’re a smart investor who knows how to balance the risk-reward factor well, there’s a high chance that you will do well for yourself as long as you’re equally prepared for setbacks and don’t take unnecessary risks without a proper back up plan.
At the end of this Margin.De review , we can agree on the fact that it is a very reliable and secure cryptocurrency trading terminal that offers you access to a wide set of tools . You are privy to valuable information that will help you assess your risks better, analyse the market and eventually, make a good, safe investment.
However, keeping yourself in check when it comes to making an impulsive decision that could turn out to be a bad bet in hindsight, is entirely your responsibility. Margin.De makes evaluating the market and trading in cryptocurrency a lot more easier with its user-friendly, customizable interface, but that doesn’t take away your responsibility to distinguish a good investment from a bad one.
If you are looking for an affordable trading bot for your cryptocurrency transactions, the Margin.De is a great choice to go with.