We have thoroughly researched and tested various crypto trading bots to determine the best options for traders looking to maximize their profits. Among the top options we have found is Haasbot (From HassOnline). It is an advanced and highly customizable crypto trading bot.
In this HaasBot review, we will provide an in-depth analysis of its features, advantages, and disadvantages, and our overall assessment of its effectiveness as a trading tool.
HaasOnline Bot Review (HassBot)
| Type | Crypto Trading Bot |
| Minimum Deposit | Depends on exchange ($200+) |
| Is It a Scam or Legit? | Legit |
| Supported Exchanges | 20+ crypto exchanges |
| Bot Types | Accumulation, Grid, DCA, Market-making, Arbitrage, etc. |
| Success rate | depends on strategy (70-80%) |
| Bot Trading Fees | None |
| Payment Method | Crypto, Paypal, Credit/Debit cards, Bank Transfer |
| Pricing | $9, $49, and $99 (per month) |
| Supported Cryptocurrencies | BTC, SOL, ETH, and many more |
| Supported Fiats | USD, EUR, GBP, CHF |
| Mobile App | No |
| Paper Trading (Demo) | Yes |
| Customer Support | |
| KYC | No |
What is HassBot?
You can use HaasBot, a popular cryptocurrency trading bot, to automate your trading strategies. It’s compatible with over 20 cryptocurrency exchanges. You’ll appreciate its extensive range of trading indicators and a user-friendly interface that makes trading more accessible.
When it comes to risk management, HaasBot has you covered with features like stop-loss orders and trailing stops. Plus, you can use its backtesting and simulation tools to test your strategies thoroughly before putting them into action in live trading.
No matter what kind of trader you are – whether you’re a scalper, trend trader, or market maker – HaasBot has trading bots tailored to your needs. You can easily customize these bots to match your trading preferences and risk tolerance.
HassBot Pros and Cons
| Pros 👍 | Cons 👎 |
|---|---|
| User-friendly interface | Expensive pricing plans |
| Customizable trading strategies | Some technical knowledge is required to create effective trading strategies |
| Backtesting feature | |
| Market-making bots and Arbitrage bots | |
| Compatible with over 20 exchanges |
Read: Best Crypto Arbitrage Bots For BTC Trading
HassOnline Review: Types of Crypto Trading Bots
HaasBot offers various types of trading bots, each with its own unique features and functionalities. Let’s take a closer look at the different types of HaasBot trading robot.
1. Accumulation Bot
The Accumulation Bot is a specialized crypto trading bot designed to help traders accumulate assets over time. It works by executing buy orders at regular intervals, regardless of the current market conditions.
The bot is ideal for traders who believe in the long-term potential of a particular cryptocurrency and want to HODL it over time. The Accumulation Bot is customizable, and traders can set the frequency and amount of each buy order.
2. Grid Bot
The Grid trading Bot uses a grid strategy to buy and sell cryptocurrencies. The bot creates a grid of buy and sell orders at predetermined price levels, with each order having a fixed size and distance from the other. It buys low and sells high, taking advantage of price fluctuations.
3. Market-Making Bot
The Market Making Bot provides liquidity to the market by creating a bid-ask spread. The bot places both buy and sell orders at slightly higher and lower prices than the current market price, respectively. It earns profit by buying low and selling high, with the spread acting as its profit margin.
4. Signals Bot
The HaasBot Signals uses technical indicators to generate buy and sell signals. The bot is designed to help traders make more informed trading decisions by providing real-time market analysis.
Related: Best Crypto Trading Bot Strategies
HaasBot Review: Key Features Explained
HaasBot has a variety of features that make it a popular choice among cryptocurrency traders. (You can also read our guide on how to choose a crypto trading bot).
Some of its notable features include:
1. Backtesting
Backtesting is the process of testing a trading strategy against historical market data to evaluate its effectiveness. It involves simulating trades based on the rules of the strategy and analyzing the results. The goal is to identify flaws in the strategy and refine it to improve performance.
When analyzing the results of a HaasBot backtest, there are several key metrics to look at:
- Profit/Loss: This is the total profit or loss generated by the strategy during the backtest.
- Win/Loss Ratio: This is the ratio of winning trades to losing trades.
- Average Win/Average Loss: These are the average gains and losses per trade.
- Maximum Drawdown: This is the largest peak-to-trough decline during the backtest period.
2. Paper Trading
Paper trading is a simulation of trading with Virtual money, without actually risking any funds. It involves using a trading platform to place trades based on a strategy but with virtual funds instead of real ones. The goal is to practice trading without the risk of losing real money.
While backtesting and paper trading offer different benefits, they can be used together to refine trading strategies even further. By backtesting a strategy and then paper trading it, traders can see how the strategy performs in real-time market conditions, which can help them fine-tune their approach.
3. Portfolio Management
To use HassOnline portfolio management, users need a license and link their exchange accounts to the software.
With HassBot portfolio management, users can:
- See their total crypto value live and track their gains and losses over time.
- Check their crypto distribution by coin, platform, or method and see how each part affects their overall results.
- Make custom crypto portfolios based on their needs and targets and compare them with their real portfolio.
- Change their crypto allocation by rebalancing, moving, or cashing out their funds using HassBot trade bots.
- Get detailed reports and graphs that show their portfolio history, performance, and metrics.
HaasBot Supported Exchanges
HaasBot Currently supports more than 20 crypto-to-fiat exchanges including some popular ones like-
What is HaasScript Editor
HaasScript Editor is a powerful tool that is included with HaasBot. It allows users to create and customize their own trading algorithms using the HaasScript programming language. This language is specifically designed for use with HaasBot and provides a high degree of flexibility and customization options.
The Editor includes a range of features to make programming trading algorithms easier and more efficient. Here are some of its features:
- Design complex trading strategies with a library of over 600+ visual blocks, which include mathematical, charting, price & exchange data, trade actions, and much more.
- Craft scripts line by line
- HaasScript comes packaged with over five hundred commands, providing users with all the tools needed to create robust scripts.
HaasBot Security Review
HaasBot has implemented several security measures to protect user data and funds. The platform uses two-factor authentication (2FA) to secure login credentials and API keys. Additionally, HaasOnline encrypts all sensitive information using AES-256 encryption.
It also has a robust permissions system that allows users to customize access levels for different API keys. This means that users can limit the actions that the bot can perform with each API key, reducing the risk of unauthorized trades or withdrawals.
Furthermore, HaasBot is not a custodial service, which means that it does not hold users’ funds. Instead, users must connect their trading accounts to the platform using API keys. This reduces the risk of funds being stolen or lost due to a hack or internal security breach.
HaasBot Supported Devices and OS
HaasBot is a cloud-based platform (HaasOnline trade server cloud), which means that it can be accessed from any device with an internet connection and a web browser. This includes desktop computers, laptops, tablets, and even mobile devices.
Additionally, some users may prefer to use HaasOnline on a dedicated device to avoid potential security risks associated with using a shared device. In this case, a dedicated device, such as a virtual private server (VPS) can provide an added layer of security for trading activities.
HaasBot Pricing Review
HaasBot offers several pricing plans for users with different trading needs and preferences. The pricing plans are as follows:
- Simple Plan – $9 per month: This plan includes more advanced trading tools and access to more exchanges.
- Advanced Plan – $49 per month: This plan includes all features of the Simple Plan plus additional tools for advanced traders.
- Pro Plan – $99 per month: This plan includes all features of the Advanced Plan plus additional tools for professional traders.
- Black Plan – Custom Pricing: This plan is tailored to the specific needs of high-volume traders and includes all features of the Pro Plan plus personalized support.
Users can pay for their chosen plan using various payment methods, including credit/debit cards, PayPal, and cryptocurrencies such as Bitcoin and Ethereum. If you need free bots, read our guide on “Best free crypto trading bots“.
It is worth noting that HaasBot does not offer a free trial period, but they do offer a 7-day money-back guarantee for all plans.
Customer Support and Ease of Use
HaasBot provides a comprehensive knowledge base with detailed documentation and tutorials on all aspects of the platform. This knowledge base covers topics such as getting started, setting up strategies, using technical analysis tools, and troubleshooting common issues.
In addition to the knowledge base, It offers email support for all users. Users can submit a support ticket through the website, and the support team typically responds within one business day.
HaasBot also provides a range of pre-built trading strategies that users can choose from or customize to suit their individual needs. This makes it easy for users to get started with automated trading without needing to have advanced programming skills.
It is available in English, Spanish, Dutch, and German. However, the majority of the platform and support documentation is in English.
How to Get Started with HaasBot
Getting started with HaasBot is relatively straightforward, but it can be a bit intimidating for beginners. Here are the basic steps to follow:
- Create an account on the HaasBot website and choose a pricing plan that suits your needs.
- Connect your exchange account to HaasBot and set up API keys to allow the bot to access your account.
- Choose a trading strategy or create your own custom strategy using the bot’s tools and indicators.
- Backtest and simulate your strategy to optimize its performance.
- Deploy your strategy in the live market and monitor its performance.
HassBot Alternatives and Comparison
| Trading Bot | Key Features | Supported Exchanges | Pricing |
|---|---|---|---|
| HaasBot | Advanced customization options | 20+ | $9/month |
| Cryptohopper | Automated trading and backtesting | 12+ | $16.58/month |
| 3Commas | Smart trading terminal and portfolio | 23+ | $15/month |
| Pionex | Customizable trading strategies | Built-in Exchange | Free |
We Recommend: Best Crypto Trading bots
Best Manually Customized Trading bot
- 75+ CEX and DEX cryptocurrency exchanges
- Support over 300,000 crypto coins and 50+ DEX coins supported
- Insider information on where it is profitable to buy and sell tokens
- Free training and cases for clients of service
Proven Success Rate with 1M+ Users
- 16+ Exchange support
- Crypto-signals in Telegram
- Trading view Integration
- DCA, GRID, options, HODL, Smart trading bots
- Marketplace to buy automated trading strategies with success rate
Final Thoughts: Is HaasBot Worth it?
To sum up HaasBot review, It is an impressive bitcoin trading bot that provides easy automation of trades and customization choices for proficient cryptocurrency traders.
Though not particularly suitable for novices, it serves as a valuable resource for those seeking to refine their strategies and enhance their performance. It has a diverse selection of pricing options, rendering it accessible to a broad spectrum of traders.
HassOnline Review: FAQs
Is HaasBot safe?
Yes, HaasBot is a legitimate trading bot and takes security very seriously. The platform uses two-factor authentication and secures API keys to protect users’ accounts and personal information.
However, it’s important to note that no trading bot can guarantee profits in the volatile cryptocurrency market, so traders should always exercise caution and conduct their own research.
Do I have to verify (KYC) my account with HaasBot?
No, HaasBot does not require users to complete KYC (Know Your Customer) verification. However, some cryptocurrency exchanges may require verification for certain features, such as margin trading.
Is HaasOnline Legit?
HaasOnline is a legitimate and reputable company that provides advanced trading software for cryptocurrency traders. It was founded in 2014 and has been operating in the crypto space for over seven years.
HaasOnline offers a range of products, such as HaasBot, HaasScript, and HaasOnline Cloud. This enables users to create, backtest, and execute custom trading strategies across multiple exchanges and markets.
Is HaasOnline free?
Yes, HaasOnline is free for a 7-day trial period. Later, You need to buy their monthly subscription starting at $9/month.
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