BitUniverse Review – Is This Smart Crypto Trading Bot Platform Legit?

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By Austin DeNoce

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BitUniverse Review

  • Trading Interface
  • Trading Bots
  • Fees
  • Customer Support
4.5

Summary

BitUniverse is a smart crypto trading bot platform that allows traders to purchase and sell cryptocurrency. This platform includes the ability to connect to several exchanges and also provides features such as a trading interface with all of the necessary trading tools and automated trading bots with helpful walkthroughs/explanations. Learn more about this crypto trading bot platform by reading our full BitUniverse review.

Pros

  • Dozens of supported crypto exchanges
  • Several free and configurable crypto bots
  • Supports manual crypto trading
  • Excellent mobile app

Cons

  • Different exchanges have fewer supported features
  • Manual trading doesn’t support stop-loss/take-profit orders

About BitUniverse

BitUniverse is a smart crypto trading bot platform with 16 different trading bots users can link with 26+ supported crypto exchanges to manage their crypto portfolio and cryptocurrency trading all in one place.

The BitUniverse trading bots are completely free, run 24/7, and support trading for 6,000+ crypto assets (including various fiat currency options) through both a mobile app and desktop version.

BitUniverse advertises military-grade security and encryption, ensures user funds are never touched directly, and only uses official exchange APIs to conduct trading.

If you want to learn all about BitUniverse’s services and whether or not they’re right for you, stick around for this in-depth BitUniverse review.

Supported Cryptocurrency Exchanges

As mentioned above, the BitUniverse platform supports dozens of crypto exchanges users can link via exchange API keys to implement a bot trading strategy.

BitUniverse Supported Exchanges

Some of the supported exchanges include Binance, Huobi, CoinbasePro, Pionex, FTX, KuCoin, OKEx, Bitfinex, Poloniex, Bitget, and Bybit, but there are plenty more, and additional exchanges will be added in the future.

A useful feature to keep in mind about the supported exchanges is that you can link multiple exchanges to navigate between different accounts, which is an excellent feature for cryptocurrency traders with accounts all across the crypto market.

Once you have an account linked, the BitUniverse mobile app will act as a portfolio tracker to view the balance and performance of each crypto portfolio held with each of your linked cryptocurrency exchanges.

BitUniverse Mobile App

BitUniverse Trading Interface

The BitUniverse interface/trading terminal is exceptionally well designed, with a giant chart powered by TradingView and all the must-have trading tools like a clear order panel, order books, trade history panel, and the like.

In its “Trade” section, BitUniverse supports both bot and manual trading, so users can easily toggle between the two per their preference.

The manual trading section doesn’t support take-profit or stop-loss orders, which could be problematic for many traders, but there are crypto trading bot options that include such configurations.

After linking a Bybit account, neither the crypto trading bot options nor the available markets would show up, so some of the supported exchanges may experience bugs or various limitations.

Notwithstanding that concern, the trading interface is quite appealing. Provided the exchange you link works smoothly, BitUniverse should prove to be a solid interface for creating and managing one’s bots and overall crypto trading.

Automated Trading Bots

While BitUniverse has more trading bots than the average platform, many of the 16+ include repeats for the stop-loss/take-profit counterpart or a margin/futures counterpart.

BitUniverse Trading Bot

That being said, there is a wide range of trading bot options, such as a Grid Trading Bot, Trailing Sell Bot, TWAP Bot, and Dollar-Cost Averaging (DCA) Bot.

Each crypto trading bot includes its own specific configuration settings to tailor it to your unique trading strategies, and BitUniverse includes helpful walkthroughs/explanations for every bot to ensure users know exactly how to use them.

To offer a specific example of the configuration settings, the Futures Grid Trading Bot allows you to pick the upper and lower price limits, the number of grids, the trigger price, the stop-loss price, the closing price, the leverage, and whether you want to go long or short.

BitUniverse Mobiel App 2

Although BitUniverse’s trading bots require some level of trading knowledge to apply the appropriate settings, they are still very user-friendly and won’t require any coding knowledge or trading expertise.

How BitUniverse Compares to Competitors

The most obvious competitor to weigh against BitUniverse is going to be Pionex, which is another free trading bot platform.

Unlike BitUniverse, which links to existing exchange accounts, Pionex is its own exchange, so that is the first significant distinction to keep in mind.

In terms of interfaces, both platforms are exceptional (and extremely similar), meaning it will likely come down to personal preference.

However, the platforms begin to diverge a bit when it comes to trading bots. While both platforms have a large selection of bot options, Pionex has even more, such as a Spot-Futures Arbitrage Bot, Bitcoin Moon Bot, and Rebalancing Bot.

The Pionex bots also won’t depend on the exchange account you link, which is a massive advantage if you link an account with BitUniverse that only supports a small list of features.

The last difference to highlight is that Pionex has many other functions beyond trading bots, including a spot and derivatives exchange, crypto staking and other earning opportunities, and plenty more.

That said, the two platforms are incredibly similar and can be considered neck and neck on the trading bot front.

For that reason, a decision between the two could very well boil down to wanting a linked exchange platform (BitUniverse) or a platform with services beyond trading bots and manual trading (Pionex).

Conclusion: BitUniverse Review 

After carefully walking through all of BitUniverse’s services for this review, we believe BitUniverse is a great platform to consider for trading bot beginners.

Not only is the BitUniverse platform free, but it has an excellent, easy-to-use interface that lends itself to a smooth introduction to the world of automated trading.

Certain supported exchanges may lead to problems or limitations, but the platform remains a great place for technical traders to use and manage a wide range of free crypto trading bots.

Given some of BitUniverse’s limitations, it could be worth looking into competitors like Pionex, but the two are more similar than different, so a long look at both would be advised.

In conclusion, BitUniverse has an exceptional trading interface with several free crypto trading bots, making it one of the best options for any traders new to bots or automated trading.

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Austin DeNoce

Austin DeNoce is a writer, personal investor, and entrepreneur who is focused on trading and investing education for macro, crypto, equities, derivatives, and foreign exchange traders. He graduated from the University of California, Santa Barbara with a bachelor’s in philosophy and carries a deep passion for a first-principles approach to investing and education therein. Austin specializes in topics related to cryptocurrencies and blockchain technology.

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