All About BTC, LTC, ETH mining as well as other alternative crypto currencies
Earlier this year we have started testing and using the Haasbot trading bot by getting a full license for the software. Initially we have liked the ease of use and functionality of the software, so we started playing with it trying various things. Soon however we’ve started discovering small, but annoying things that have led to stopping to use it like getting frequent software updates that essentially deleted some or all of the configured trading bots and having to set them up again. The software updates were good as they added new functionality and improvements, but then the software started loosing track of the things happening on the market and there was a slow period for the authors of the software stopping to release updates while preparing for the major release 1.0.
Earlier this month the Haasbot Automated Trading Bot 1.0 was released with a lot of new features and additions, but one of the most important ones are the addition of a lot more exchanges where you can trade such as Bitstamp, Bitfinex, BTC-E, Kraken, Huobi, Bittrex, Cryptsy, CampBX, CEX.IO, and Poloniex with more getting added. The new version of the trading bot comes with new prices as well that seem to be more accessible than before, however the standard licenses start with shorter period of just 3 months, though you can extend for 6 or 12 months with some additional discount. The Beginner and Standard License allow you to get a feel of the basic bot functionality before deciding should you need to invest in the unlimited in terms of features Advanced version. It seems that we should check the new version of the software giving it another chance, hopefully this time we are going to continue using it longer and be happy with the results without the annoying issues from the past.
The Cryptotrader cloud based online algorithmic trading platform for Bitcoin and other crypto currency trading has updated their pricing plans making it more affordable to actually start trading live using the platform. The Basic plan that was previously available for $8 USD is now gone as it did not allow for actual live trading and the Basic+ plan that was available for $24 USD per month that actually allowed you to have 1 live trading bot is now available for $10 USD a month. So if you want to test the service you can signup for the basic free functionality and then if you decide to start trading live you can do so now with just $10 USD per month and not $24 USD as it was previously. The Pro and VIP plans that allow for more simultaneously running trading bots are also slightly cheaper respectively with $5 and $10 USD lower than previously.
Do note however that this platform is intended mostly for more advanced users that are willing to program their own automated trading bot. There are also many automated trading strategies available for free that you can try and further adapt as well as a Strategy trading market where you can essentially rent a more professional bot. The problem with the strategy market is that the prices of most strategies that you pay for on a monthly basis are quite high, making them not worth renting just for testing or for trading with small amounts of crypto currencies as in the end you would want to make profit from all of this.
The automated bot trading service Cryptotrader has just officially announced the addition of support for trading on two new exchanges – Kraken and Bitfinex. These two exchanges are added along with the already supported Bitstamp, BTC-E and CexIO, the service previously also supported MtGox, but not anymore for obvious reasons. This is essentially the first solution for automated cloud trading on crypto exchanges to provide support for trading on Kraken, a particularly interesting place for trading in Europe due to the large EUR trading volume on the exchange.
If you haven’t tried the service yet, you might want to check our review of Cryptotrader first. We can add to that already that the service still suffers from one major problem and that is letting users know about new features on time, a clear example for that is the announcement about the new exchanges… they have actually been available for a while already, more than a week for Kraken and close to a month for Bitfinex. So they really have to do something about letting their users know about new features and improvement in a more clear way and not just send a newsletter once in a while to sum things that have happened in the past two months for example.