All About BTC, LTC, ETH mining as well as other alternative crypto currencies
If you have been following our reviews of automated trading solutions for crypto currency trading, they you’ve probably seen our review of the BTC Robot automated Bitcoin trading robot. One of the things we have noted in our review is that the trading strategy utilized in the robot has relied on data form MtGox and that is not anymore possible with the current situation with MtGox. However the authors of the software have already announced that they have implemented a change in the software, so that it will still be fully functional and making profit from automated trading on the BTC-E crypto exchange (the only exchange supported). Apparently Mtgox has been replaced by Bitstamp some time ago in BTC Robot trading algorithms, so the issues with MtGox should not affect the robot in any way.
As we have already reported in our review, we are recommending to go for the plans where you get the robot cloud hosted and not in a downloadable form as we’ve had some trouble with it. Also note that our review of the product coincided with the start of the trouble that MtGox had before completely closing down, so our trading experience with the automated trading robot was not too positive. But if you are interested in trying it out, then you may do so now that it no longer relies on MtGox data. We have also tested the 60 day money back guarantee and it works, though it may take 2-3 days for you to get your payment back if you are not happy with the software. This kind of works as a kind of trial mode for the BTC Robot automated Bitcoin trading robot, so you can try it for a bit and if you are not happy with the software or the results to get your money back. Another thing that we still haven’t tried is a version of the automated trading software for trading Litecoin called LTC Robot that you can also get either as bonus with the BTC trading software or for a little extra on top for what you pat for the Bitcoin trading product.
Atomic Trade is a relatively new and still not that big crypto currency exchange that has a bit different approach compared to other traditional crypto trading websites. Here you are stimulated to be active on the exchange in various ways and you get rewards for being an active member, including using the chat functionality of the exchange. And unlike other chats on crypto exchanges that are essentially trollboxes with not much of useful or helpful information, on Atomic Trade you can actually find some help and useful information from other members. You can even meet and talk with the exchange admin as well as some pool operators all while you are trading some crypto coins on the exchange itself.
The crypto currency exchange Atomic Trade does support trading of multiple currencies, including some newer and not so popular that you can hardly find on other decent exchanges. Among the standard BTC and LTC trading here you can also trade XPM, FTX, WDC, BLC, HBN, PXL, LOT, MED, FRK, SKC, UNO, VTC and ATP. We have discovered the Atomic Trade exchange while looking for good exchange for trading BlakeCoin (BLC) and since that we kind of liked it a lot and started trading other cryptos there as well. The ATP or Atomic Trade Points are the so called bonus points that you get while trading and generally being active on the exchange in various other ways, but the interesting thing with these is that aside from trading them on the exchange for BTC, while they are in your account balance they bring you profit from the trading fees collected by the exchange. So in a way the ATP are something like shares in the exchange that bring you dividends, and every 6 hours you get your bonus based on the amount of ATP you currently have in your balance. We really like the community that is forming at the Atomic Trade and would definitely recommend you to try it out, especially if you are trading alternative crypto coins such as BlakeCoin (BLC) among others.
We have been testing the BTC Robot automated Bitcoin trading robot for a few days and we went for the Silver plan that gives you a downloadable version of the software to use on your own computer. We have already described some of the issues we’ve went through using that version as you can only install it on one computer and not move it to another later on (unless you contact the support and request you want to do that). We have also had some trouble making the automated trading software work properly on Windows, even though it should be supported. As a result we would recommend to go for the higher plans that will give you a cloud based version of the trading bot that you can access and use from different computers and that will be online all the time, so yo don’t have to keep your computer online 24/7 like you need to with the Silver Plan and the downloadable version.
Furthermore, due to the fact that the BTC Robot trading algorithm relies on data coming from MtGox and that exchange has been having some trouble lately and things are really crazy with the exchange rate there for the moment the market situation is preventing the bot from executing trades properly. That is precisely why we have decided to test another advertised feature of the software – 60 days money back guarantee. We have requested a full refund and now, 2 days later we have just received our payment back. We have used BTC to pay for the Silver Plan and we got BTC back in our account, though the amount is a bit less than what we have sent as apparently the payment processor takes into account the exchange rate at the time of payment and refund. The refund took about 2 days to process and us having back the money in our BTC wallet after making our full refund request as per the 60 day money back guarantee. So that works pretty good as well and it gives you the ability to test the BTC Robot automated Bitcoin trading robot for a few days and if you are not happy you can get your money back. Kind of works like a trial version, so you can test the software and if you are not happy with it to get your money back.