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Unbiased NapBots Review

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NapBots

NapBots seeks to make trading crypto indexes faster and more efficient through its automated bots. The systems feature unique strategies that are designed to align with all investment levels and styles. The platform also supports copy trading to help you leverage the experience of veteran traders.

Highlights

The software has the following features:

  • 24/7 trading

The bot trades all night and all day without stopping. For that reason, you don’t have to stay in front of your screen placing and monitoring trades.

  • Trading indexes

NapBots gives you a chance to trade top crypto market indices, so you can save your time and decrease your trading risks.

  • Performance simulator

This feature allows you to test the platform’s bots and indices to get an overview of how they might do in a real environment.

Verdict: a fully automated bot that works non-stop.

How to start with NapBots

You can sign up with NapBots within a few minutes by following these five easy steps:

  1. Locate the ‘Get Started’ or ‘Start your free trial now’ icons and click on either of them
  2. You will immediately be redirected to a page that asks for your email and password details
  3. Log in to your Gmail account and click on the confirmation link sent there
  4. Your account will be validated, allowing you to select a plan of your choice
  5. The bot’s features are now accessible to you

NapBots pricing

The system features 3 different pricing plans. They include the Silver, Gold, and Platinum packages, whose costs range from 16€, to 41€, to 83€ per month if paid annually. Each package offers unlimited weekly bots, unlimited exchanges, unlimited indexes, support by email and phone, and a $1000 max investment capacity.

The Gold package provides additional features like unlimited daily bots and leverage. Expect to get maximum features like unlimited hourly bots and pre-built bots, carefully selected external bots, and early access to new strategies with the Platinum option. A 7-day free trial is present on all packages.

Minimum deposit to use with NapBots

The bot requires a minimum investment threshold of $50. So, if you are working with the Platinum plan, it is okay to have a minimum deposit of $2 or $15 in your account.

Withdrawal process

NapBots does not have withdrawal rights, so you cannot withdraw money from your account. After all, the software does not store any money because it only acts as an exchange interface between its bots and your crypto exchange.

What about subscription fees and commissions?

There are no set-up fees, surprise fees, or commissions charged on the platform.

NapBots review: user interface

The devs say they have tried their best to make the platform as friendly as possible to ensure your onboarding journey is simpler. They have even included tutorials for every supported exchange, answers to FAQs, a trader’s program, etc., to help you maneuver the site smoothly.

Customer feedback

Users generally love NapsBot, going by the 4-star rating they have given it on Trustpilot. One of the traders says that the product is excellent and offers the best support. Another one claims that NapBots’ tools have helped him to profit from the swings of the crypto market. Unfortunately, there’s a user who has had a poor experience with the platform. He supposedly lost 70% of his capital after using the bots and spent $1500 on monthly fees.

 

Positive feedback on Trustpilot

Positive feedback on Trustpilot

Negative review on Trustpilot

Negative review on Trustpilot

NapBots team

Napoleon Software, an affiliate of Coinshares International Limited, is the vendor behind this system. It is based in France and is registered in Paris under the number 850678483. The development team comprises quant traders and data scientists, but we are not introduced to even a single team member. It would be nice to know who these people are, their individual qualifications, as well as their experience in the crypto market.

What exchanges does NapBots support?

NapBots is compatible with various exchanges, including Binance, FTX, Kraken, OKEX, Huobi, and Bitfinex. Coinbase, Bybit, and BitMex will be added soon.

Supported languages

Several languages, such as English, French, and Turkish are supported.

Is NapBots secure?

The platform is majorly secure since it cannot access your funds. Your money stays safe in your exchange account. The devs also admit to being committed to your security. That’s why they audit the NapsBot website frequently and ensure that they only integrate exchanges with a good reputation for investing in high security standards.

Is it a regulated crypto trading platform?

The activities of this trading platform are governed by and interpreted by the laws of France.

NapBots Crypto Bot

5

By automating your trades, NapBots increases your prospects of earning more money compared to manual trading. Copy trading may also enhance your success rate and save you time by skipping the learning curve. Sadly, the bot doesn’t guarantee profits, so you might still incur some losses like one of its customers did.

  • Allows copy trading
  • Is regulated
  • Good customer rating
  • User-friendly
  • Doesn’t guarantee users profits
  • A few exchanges are integrated
  • Free trial period is too short

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