The crypto market is famous for being extremely volatile, and that can be pretty stressful for traders. Prices can skyrocket one moment and crash the next. It’s like riding a roller coaster – exciting but nerve-racking. But this is where artificial intelligence (AI) tools like CentoBot come in. Created in 2017, CentoBot is changing the crypto trading game and making trading more accessible, whether you are a seasoned pro or just starting your crypto trading journey.
In this CentoBot review, we will talk about the ins and outs of the CentoBot platform and how it can help you take your trading game to new heights!
| Trading Platform Name | CentoBot |
| Automated Trading Platform | Yes |
| Verification Required | Yes |
| Created, year | 2017 |
| Cryptocurrencies Supported | BTC, ETH, LTC, EOS, etc |
| Minimum Deposit Required | $ 250 |
| Withdrawal Time | 24 hours |
| Account Needed | Yes |
| Mobile-friendly Interface | Yes |
| Regulatory body | CySEC-licensed |
| Costs and Fees | No Hidden Fees |
What is CentoBot?
CentoBot is an automated crypto trading platform that allows you to choose the trading bot that matches your risk tolerance and profit goals. CentoBot is the brains behind a lineup of pre-built trading bots designed for algorithmic trading. These bots make trading in both regular money and cryptocurrencies extremely easy and they do it on four popular binary options broker platforms: IQcent, Binarycent, RaceOption, and Videforex.
One amazing thing about CentoBot is that it keeps you in the loop. You can check your account balance whenever you want, regardless of your location. So, whether you are seeing your profits skyrocket or your losses creeping up, you are always in control of your finances!
How to Register on CentoBot
Are you interested in trading with CentoBot? First, you need to register on the platform. Follow the steps below to complete your registration process:
Head to the CentoBot main page and look for the registration button. Click on it and a form will pop up.
Fill in your first name and last name, phone number, and email address.
From the drop-down list on the website, you can pick the broker you want and choose the currency you prefer for your account.
To secure your account, you’ll need to come up with a strong password that you’ll use whenever you want to access your account. Make it tough, so your account stays super safe!
After completing the above steps, you’ll need to authorize your account. To do this, log in by typing in your email address and the super-strong password you created earlier. Next, prove that you’re a human, not a robot by completing the simple test that will pop up.
Just follow these instructions and you’ll be set to enjoy CentoBot’s amazing benefits.
CentoBot Main Features
Once you’ve completed your registration process, you are entitled to enjoy the main features of the CentoBot platform. It doesn’t matter whether you are a newbie or an expert, to help you get the best trading experience, Centobot provides the following features:
After activating your user account, you get unlimited access to free analytical resources. These materials include in-depth market reviews, a live news feed, an economic calendar, and nuggets of wisdom from seasoned trading pros.
With CentoBot, you don’t have to be a trading guru to make it in the trading world. The platform is packed with pre-made automated bots packed with market experience so you don’t have to worry about technical indicators when making trades.
CentoBot lets you get a feel for how your preferred robot works with its robot demo trading mode. When you’re picking a robot in your user account, you can take it for a spin in 60 seconds. During that time, you’ll get to see which assets it’s into, when it makes a move to buy something, and when it decides to sell.
Making Deposits and requesting withdrawals on the CentoBot platform is a straightforward no-nonsense process. To make a deposit, you can use whatever payment option you want ranging from credit cards to even cryptocurrencies like Bitcoin. Just be aware that a 5% fee applies when you use credit cards. Your deposited amount typically shows up instantly, but weekends and holidays might bring slight delays.
For withdrawals, just make a request on the platform and provide the broker with proof of identity and address. Keep in mind that there could be withdrawal fees and if you’re using a credit card, that 5% transfer fee applies again.
How Does CentoBot Work?
CentoBot’s working operation is pretty straightforward. As a trader, your job is to pick a robot from the list, deposit the specified minimum deposit into your account, and unlock the bot. Once the bot is unlocked, it immediately starts working by analyzing the changes in asset prices according to preset algorithms. These algorithms are based on popular technical indicators, like MACD and RSI, that determine the perfect timing for making trades.
When the asset’s price reaches the level you’re looking for, the bot automatically buys or sells. If your prediction turns out on point, you not only get your original investment back but also an extra percentage on top.
You can use the platform’s standard algorithms or make your own custom bot. The custom bots come with a cool range of indicators like AROON, ADX, MACD, RSI, Stochastic, and CCI. You can choose to use all of these indicators or pick at least three that suit your trading style.
Now, here’s an important thing to note: CentoBot’s trusty bots operate on the platform of brokers like RaceOption, IQcent, Binarycent, and Videforex. All of these brokers offer free demo accounts that act like a test drive before you begin actual trading. You can try out each broker and decide which one suits you best before you start trading with real money.
CentoBot Pros and Cons
Just like any other automated trading platform, CentoBot comes with its own pros and cons which include:
PROS
CONS
Cost, Minimum Deposit, and Profit of CentoBot Trading Bot
To start trading on CentoBot, you’ll need to pay an initial minimum deposit of $250 during your registration process. You can make this payment through direct bank transfer, credit card, Neteller, Skrill, and other electronic payment systems. The profits you make from CentoBot entirely depend on how high your initial deposit is and how effective your trading strategy is.
Apart from the initial deposit, using CentoBot’s trading bots is absolutely free. The bots are all about binary option trading, where the entire trade amount comes straight out of your pocket.
When you trade using CentoBot, you only send your funds to the broker if your prediction about the asset’s price movement doesn’t pan out. But if you’re on the money with your predictions, these brokers won’t sneak any additional fees past you.
Now, when it comes to non-trading fees like withdrawals, deposits, account maintenance, and using the trading platform, it’s all in the hands of the broker. The availability and amount of these fees depend on what your chosen broker’s terms and conditions look like.
Cryptocurrencies Supported on CentoBot
Whether you’re a trading professional or you’re just starting your trading journey, CentoBot offers you a wide range of options to explore and trade. Beyond traditional currencies like USD and GBP, CentoBot lets you trade cryptocurrencies like Litecoin (LTC), Bitcoin (BTC), Eosio (EOS), Bitcoin Cash (BCH), Ethereum (ETH), and Ripple (XRP), among many others.
CentoBot Customer Support
Are you having trouble navigating your trading account? No worries, CentoBot’s 24/7 customer support service is here for you! The customer support service consists of human operators who work round-the-clock to assist you with whatever inquiries you have or problems you’re facing with your account.
To reach this customer service, you can communicate with the online chat operators via live chat on the CentoBot website. You can also reach them through an email.
CentoBot Eligibility
According to its website, CentoBot is making waves around the globe. Traders can enjoy its numerous benefits in many countries around the world including:
France, the United States of America, Germany, Spain, Russia, Thailand, and China
And here’s the cool part: even if your country isn’t on this list, you’re not left out. You can still hop on board the CentoBot train by signing up on their official website. No matter your location, CentoBot is ready to help you on your exciting Crypto trading journey!
Is CentoBot a Scam?
CentoBot doesn’t seem to be a scam. Its partnership with the several licensed brokers mentioned above shows that these brokers all meet regulatory standards. Each one of these brokers displays their licensing on their websites, which is like a stamp of approval showing that they play by all the regulatory rules.
When you register with CentoBot, you can rest easy knowing that your data is safe and secure. Thanks to its SSL certification, the CentoBot platform is like an impenetrable fortress. So, you can trade with peace of mind knowing that your privacy and security are the platform’s top priorities. Boasting a payout percentage rate of nearly 300%, CentoBot makes sure that you rake in as much profit as possible!
Final Verdict of CentoBot Review
To summarize our CentoBot, it is clear that the platform is one of the most efficient and trustworthy trading systems on the crypto market. It is designed to cater to the needs of all types of traders, from the newcomers just starting to the seasoned experts. With its cutting-edge technology, automated trading capabilities, and clever trading features, CentoBot has got your back!
CentoBot goes the extra mile to make sure that your trading experience is as smooth as possible. The platform provides a variety of benefits and an advanced system that not only makes trading easy but also guarantees your security, and can potentially help you to make very large gains.
Nevertheless, you need to remember that research is your closest ally in the trading world. Before you take the plunge into any trading platform, like CentoBot, make sure you’ve researched properly on it. Check out the risks involved, determine your own risk tolerance, and make sure you’re well-prepared for the trading journey ahead. This way, you can safeguard your trading future and make well-informed decisions about your investments.
Frequently Asked Questions (FAQs)
As of now, CentoBot hasn’t released a mobile app. But here’s the good news – you’re not missing out on anything! You can still enjoy all of CentoBot’s features by simply visiting their live website using any device with a working web browser and an internet connection.
Yes, CentoBot is safe for us. The website showcases the SSL certification badge. With this in place, you can be confident that your personal information is stored with the utmost care.
When it comes to making money from CentoBot, the sky’s the limit! The more you invest, the more profit you can expect to earn later. So, if you start with a bigger initial deposit, you’re setting the stage for larger potential profits.
Absolutely! CentoBot is your best bet to make gains with its automated system that handles the nitty-gritty market analysis and trading tasks. Rest assured that CentoBot is ready to make your trading journey a breeze without making you break a sweat.
CentoBot is completely free! You can kickstart your trading adventure, knowing that there won’t be any unexpected fees or charges lurking around the corner.
