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Hi all, it's really been a while since I last made a post here. Got a lot of projects to get off my chest.
Today, I want submit an honest review on a cryptocurrency trading bot known as "ROYAL Q".
INTRODUCTION
Cryptocurrency as we may have known, is rejuvenating the face of Fintech globally, and as expected so many technology and innovations are been developed to further improve the experience of making money through cryptocurrency. This has lead a group fintech experts to take an innovative step towards developing a trading bot known as Royal Q.
WHAT IS ROYAL Q?
Royal Q is a robot program operating with set of cryptocurrency exchange signals that decides if to purchase or sell a crypto pair at a given point on schedule. It was basically programmed to understand the price movement of preselected Crypto token(s) and determines whether to buy or sell the coin at a particular point in the market.
BACKGROUND
Royal Q was developed by group of Chinese fintech and blockchain experts who saw the need to have a crypto trading robot that can function without the intervention of human.
COMPATIBLE OPERATING SYSTEMS
To the best of my exposure employing the robot, it can be used on the following OS:
- Android system
- Apple ios system and
- Windows operating system.
PURPOSE OF ROYAL Q
The Royal Q robot is designed to reduce the psychological pressure of trading cryptocurrency on selected exchanges, which can actually be detrimental in investment or crypto trading. In other words they were created to trade cryptos on our behalf.
All you need to do is to make a pick of the crypto you'll love the robot to trade for you after researches and then select the amount you want to use to buy the crypto then the bot helps you automate the analysis and interpretation of market stats.
Royal Q bot gathers market data, interpret it, calculate the potential market risk, and execute buying or selling of the crypto assets on your behalf.
Royal Q bot helps save you time and hassles that you may face trading the crypto asset or the cost and risk of hiring a human to do the trading for you.
Human traders may find it difficult to react to unpredicted market movement due to the volatility nature of the crypto market but the robot easily predicts the slightest change about to take place in the market and then place the necessary calls or order.
You can simply view the robot as a trader you pay to execute trades on your behalf.
HOW IT WORKS
As initially stated, Royal Q is integrated or binded into crypto exchange API where it starts picking signals and executing order as pre programmed.
The Royal Q at the moment can only be integrated into two exchange platforms. Viz:
- Binance and
- Huobi exchanges
Which means, to experience now the bot really works, you need to have an account on either of the crypto exchange platform listed above. For me, I integrated the trading app to my BINANCE account. This is because I find binance to be quite flexible when it comes to normal crypto trading. I am not saying other platforms are not good as well, they are. Incase you're reading this article and you're thinking trying out the trading robot will be a nice idea, you can go ahead and register with binance platform
The Royal Q app is linked to the binance exchange platform through a resource called API. This can be found on binance by clicking on "more" on the right hand side of the bianance app home page then scroll down to find API.
You can also watch the YouTube video below to get a better understanding of the whole process. When you successfully link the trading bot, you can then start using the bot.
Before then there is a little catch to this. To actually subscribe to the royal q trading bot, you will be needing at least 120USDT (TRC-20) in your binance account balance. You may be probably wondering why? This is too much! But trust me, from my experience, this trading bot is worth every little penny and much more. you can easily flip X10 of this amount in a single day, though depending on your initial investment. From the 120USDT, 100USDT is for annual subscription and 20USDT for gas fee which is where the bot take some little cent to execute buy and sell order for you.
Note: to actually maximize your profits from the gas fee, you will need to start up with good amount of initial capital.
At this point may be you've started thinking this trading bot is worth giving a try. You can register an account here >>
registering, you can then proceed to watch the video above on the whole setting up process.
Now let's continue:
HOW PROFITS ARE CALCULATED
Your profits during while trading with royql q bot is dependent on your capital (i.e USDT). The ROI varies from 1 -50% based on your trading preferences using compound interest. This is illustrated below:
There are also option where you can sync trade with other experienced traders on the platform. The disadvantage here is that your gas fee used for the trade will increase a little.
ROYAL Q BOT PROS AND CONS
Generally, my experience with Royal Q has been a life changing but that not withstanding I will like to bring to you some other side of my experiences which is very negligible but worth mentioning.
- Your funds are well safe in your exchange platforms. The bot only has access to your fund through the API binding but has no route to withdraw your funds.
- Your trades keep running round the clock. This means while you sleep, the bot stays active running your trades.
- Your profits are kept in USDT on the platform. Waking up and seeing profit in USDT stored for me on my binance platform is perhaps the most exciting part of the experience for me.
- You can rely on the efficiency of the bot.
- A sure profit for you even during downtrend or bear market.
- Excellent and swift customer care services.
- The bots can place buy order without your permission. This usually happens when you leave more than 10USDT lying unused in your spot trade.
- Swapping coins without your permission. I can't explain what makes the bot execute such kind of trade. Let's take for instance, the order you have set running on the bot could be ADA-BNB-XRP-SOL-EGLD. You could check your account two days later and discover that you now have XLM-ADA-DOGE-SOL-FTM running in your royal Q account, lol. This sometimes get me sad and sometimes I may discover that the new coin the bot has swapped for me has actually made me higher profits.
- When you open trade with little amount say 20 USDT the gas fee may seem expensive, this is because the bot uses same gas fee to execute trades whether big or small. This was my experience from the onset. I had to increase my trading funds.
In summary, I will say Royal Q trading is one of the master piece of crypto marvels. It is by all means worth giving a try. It does not really matter if you're a trading pro or a dummy in the crypto trading world, all experiences remains the same. Give it a try today and thanks me in the comment section. You can also ask me any question at all, incase you did get everything clear after watching the video.
If you want a direct access to register an account on Royal Q click here >>CLICK HERE<<
For a direct access to get registered on Binance click here >>CLICK HERE<<
Hoping you have a wonderful time reading my review on the the intelligent bot and looking forward to hearing from you soon.
