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Economy => Service Discussion => Topic started by: Shedy360 on June 19, 2019, 10:05:47 PM



Title: 3commas bot system
Post by: Shedy360 on June 19, 2019, 10:05:47 PM
Just found out about this trading bot 3commas, any takes or testimonies guys?


Title: Re: 3commas bot system
Post by: BitMaxz on June 19, 2019, 10:36:53 PM
Never mentions this trading bot here on the forum and never heard of this before.

It looks like that this trading bot is created since 2017 and it seems legit bot according to some youtube reviews about this bot.

Check this list of reviews that I found on google.

- Beginners Guide to 3Commas Trading Bot: Complete Review (https://blockonomi.com/3commas-review/)
- 3commas reviews from trustpilot (https://www.trustpilot.com/review/3commas.io)
- 3commas Review: The Smart Cryptocurrency Trading Bot (https://coinsutra.com/3commas-smart-cryptocurrency-trading-bot-review/)


Title: Re: 3commas bot system
Post by: pugman on June 19, 2019, 10:46:29 PM
In addition to what BitmaxZ said, read this thread too: https://bitcointalk.org/index.php?topic=5105213.0;all

Also read this very elaborated post if you want to try it out: https://medium.com/@macropus/3commas-trading-bot-how-to-use-it-77c3d9d6edb4

Found this too but it kinda seems a fake play: https://www.reddit.com/r/BinanceExchange/comments/8vy3qh/3commas_scam/

Overall, the bot seems kinda legit, its on you whether or not you want to try it out.


Title: Re: 3commas bot system
Post by: timerland on June 20, 2019, 02:49:55 AM
Just found out about this trading bot 3commas, any takes or testimonies guys?

I've had friends who have recommended me to use this service.

There is absolutely no guarantee that using a bot like 3commas will bring you any more profit if you just trade yourself and speculate on fundamentals. They don't make promises as to profit margins, nor do they seem to ask you to invest directly into their operations but rather use API keys to connect to your account, which is better than obvious ponzi schemes, at least.

But again, profitability is in question (given that you have to pay for a subscription) and there are previous accusations in terms of them skimming funds off trades. There are no reliable long term tests conducted either. I would personally not use the service at all, given the fact that subscription fees can eat deeply into any profits you make if you're a small time trader, and the risk of them having access to your exchange account API info.


Title: Re: 3commas bot system
Post by: Shedy360 on June 20, 2019, 06:24:22 AM
Thanks guys I have a clearer view now


Title: Re: 3commas bot system
Post by: Megaquake on October 15, 2020, 08:29:14 PM
They knew from the start that allowing USA users on the binance trader was illegal but allowed it anyway.
Call it GREED!
what radical improvements have you done(3commas)?? USA traders just got hosed

Due to radical improvements(LIES) introduced to the 3Commas platform over the last 2 years, we are sad to inform you that the old Binance Trader subscription plan is no longer able to be supported within the 3Commas platform.
As such:
1. From the 21st October 2020 all trading and deposit operations will be disabled for “Binance Trader” accounts.
2. On the 4th November 2020, the "Binance Trader" subscription plan will be terminated.
This mean that starting from 4th November 2020 access to the “Binance trader Wallet” and “Binance trader (Futures) Wallet” will be removed from the “My Exchanges” page.


Title: Re: 3commas bot system
Post by: JeromeTash on October 15, 2020, 11:19:02 PM
--snip--
Does this affect all Binance users or Just binance users from the US?
If it only affects Binance users from the US, how are they going to a certain the precise location of their subscribers?

At least with the radical measures, If they could refund the affected users the remaining balances then it would be fair enough for both paries