Botsfolio Review – Pros And Cons Of This Crypto Trading Platform

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By Austin DeNoce

Last Updated

Botsfolio Review

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Botsfolio Review

  • Crypto Buckets
  • Trading Bots
  • Pricing
  • Customer Support
4.3

Summary

Botsfolio is an automated crypto trading bot platform specializing in custom and theme-based crypto baskets. This trading includes nine pre-made buckets any investor can choose to invest in, such as a Web3 Infra bucket, a DEX bucket, a Metaverse bucket, and a Smart Contracts bucket. Botsfolio supports active trading bot strategies specifically tailored to a trader’s time horizon, risk appetite, and overall investment strategies. Learn more about this crypto trading by reading our complete Botsfolio review.

Pros

  • Custom automated Crypto Buckets (portfolios)
  • Low fees on Crypto Buckets (0.50%)
  • Beginner-friendly crypto trading bots

Cons

  • 15% performance fee for active trading bots
  • Only two trading bots
  • Limited trading bot customization
  • Only supports three crypto exchanges
  • No crypto trading bots store/marketplace

About Botsfolio

Botsfolio is an automated crypto trading bot platform specializing in custom and theme-based crypto baskets.

The platform can be thought of as a crypto hedge fund manager that uses its own trading strategy and risk management intelligence to automate crypto trading and more effectively execute trades on your behalf.

Botsfolio Dashboard

Botsfolio is a unique automated trading platform in that it requires zero trading expertise in trading bots to create an automated trading system.

However, Botsfolio still supports active trading bot strategies specifically tailored to a trader’s time horizon, risk appetite, and overall investment strategies.

If you want to learn all about Botsfolio and its crypto trading automation platform, stick around for this in-depth Botsfolio review.

Botsfolio Supported Exchanges

At the moment, Botsfolio only supports its bot integrations with Binance, Coinbase Pro, and OKx.

The crypto trading bots work for spot and futures trading and can trade long and short, though Coinbase Pro users are not yet permitted to engage in futures trading.

Like most crypto trading bot platforms, you will need to link your crypto exchange to Botsfolio via an exchange API.

Botsfolio Exchange API

Crypto Buckets

The Crypto Buckets are a simple way to invest in pre-made and theme-based crypto portfolios or create your own custom crypto portfolio, all the while taking advantage of Botsfolio’s highly secured trading bot.

Botsfolio Crypto Buckets

Unlike traditional buy and hold portfolios, however, the Botsfolio automatically trades for you based on its trading bots that buy on dips and sell on rallies, which helps to maximize return and reduce volatility in the long term.

Botsfolio currently has nine pre-made buckets any investor can choose to invest in, such as a Web3 Infra bucket, a DEX bucket, a Metaverse bucket, and a Smart Contracts bucket.

Botsfolio Crypto Buckets 2

Each bucket clearly outlines the distribution of its holdings, and if you click on any bucket, you can even view its historical performance.

However, the real show-stopper Botsfolio offers is the custom buckets, which allow you to construct your own portfolio with all the specific assets and weightings you desire to create different trading strategies or implement your own investment strategy.

Botsfolio Crypto Buckets 3

Active Trading Strategy

In addition to its Crypto Buckets, Botsfolio offers active trading strategies based on two trading bots: a Value Investing bot and a Long Scalper bot.

Botsfolio Active Trading Strategy

While users are welcome to decide which bot to use, they have the option of using a combination of the two via a slider from 0% to 100%.

Botsfolio even has a questionnaire you can fill out to choose the appropriate allocation for you.

Botsfolio Questionnaire

Some investors may get a 40%/60% split, while others might get an 80%/20% split. Just remember, you are welcome to adjust those percentages to whatever you want, regardless of how you answer the questionnaire.

Active Crypto Trading Bots

Not too long ago, Botsfolio had several bot strategies, including a Swinger bot, Hedge bot, and a few others, but they have since limited the selection to the Value Investing and Long Scalper bots.

The Value Investing bot is a low-risk, long-term trading strategy where 80% of capital is allocated to crypto large-caps, and the remaining 20% is allocated to more speculative growth-oriented crypto assets.

Coins with the Value Investing bot are purchased when undervalued, 50% is sold on large rallies, and then coins are repurchased on dips to re-accumulate the full position.

The Long Scalper bot is a moderate- to high-risk, medium-term trading strategy where no long-term portfolio is formed, and only short-term trades are executed.

The Long Scalper trades are based on various short-term trading strategies developed by Botsfolio, and trades are long only.

Regardless of the trading strategy adopted, there is a 15% performance fee on trade profits, which isn’t usually something you’ll see with other crypto trading bots.

Botsfolio Pricing

Botsfolio has five different plans depending on your portfolio value and trading habits, with the lowest tier plan requiring a minimum investment of $1k.

Botsfolio Pricing

The first plan, Crypto Buckets, is for passive investors and charges 0.5% of the portfolio per year.

The following four plans are for more active traders and are tiered according to one’s portfolio value.

The most affordable plan is $5 per month for a portfolio value between $1k and $3k.

The next plan is $10 per month for a portfolio value between $3k and $10k.

The third tier plan is $15 per month for a portfolio value between $10k and $50k.

And the final tier is $20 per month for a portfolio value between $50k and $100k.

All four active trading plans also have a 15% performance fee charged quarterly on net profits from active trading only.

Payment methods for the Botsfolio plans include ETH, BTC, BCH, and LTC.

How Botsfolio Compares to Competitors

The top competitors to measure against Botsfolio are likely going to other crypto portfolio platforms like Mudrex and HodlBot rather than most crypto bot services.

Though Botsfolio utilizes trading bots, they are primarily used to manage and allocate investment for the long term and have very limited customizable features.

For this reason, it is not an ideal platform for active traders or anyone looking to create more customized trading strategies, so platforms like Mudrex and HodlBot that focus more on crypto investment and baskets are more apt competitors.

While Mudrex has significantly more crypto baskets to choose from, it doesn’t allow users to create their own, which is a crucial difference.

If you aren’t interested in creating your own basket of crypto assets, Mudrex, with its bountiful options, will likely prove to be a better choice.

However, anyone interested in a custom basket will want to stick with Botsfolio.

As for HodlBot, there aren’t any pre-made crypto baskets, but it allows you to create custom crypto baskets/indexes just like Botsfolio.

A distinction to keep in mind, though, is that HodlBot will require a subscription of $3 to $14 per month as opposed to the 0.50% of the portfolio with Botsfolio.

Botsfolio also utilizes a different automated strategy by buying dips and selling rips, rather than a basic rebalancing strategy, which could be better or worse depending on your investing goals. 

In summary, the choice between Botsfolio and Mudrex will boil down to wanting a custom portfolio vs. more pre-made portfolio options. 

And the choice between Botsfolio and HodlBot will boil down to which user interface and pricing model you prefer.

Conclusion 

After carefully walking through all of its services for this Botsfolio review, we believe Botsfolio is an excellent platform for crypto investors looking for ETF-like exposure to the crypto market.

Between Botsfolio’s pre-made buckets and the custom buckets anyone can make, finding another platform offering such flexibility for such a low cost (0.50% of the portfolio) will be hard.

However, if you are an active trader or interested in creating your own crypto trading bot, there are many better alternatives to Botsfolio with far more bot options and customization functionality.

That said, Botsfolio remains a top contender for passive crypto investing and offers one of the best services for creating a custom crypto ETF-like portfolio.

We hope you enjoyed this Botsfolio review.

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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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