Jeremy Biberdorf
By: Jeremy Biberdorf
Aug 08, 2023

3commas Review 2025: Trading bots, Is it legit and profitable?

Jeremy Biberdorf
By: Jeremy Biberdorf
Aug 08, 2023

Disclosure

Disclosure: This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.
Disclosure: This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.
3commas Logo

4.8/5

4.8 rating based on 5 ratings

Learn More

In a Nutshell: If you’re a cryptocurrency enthusiast or trader intending to dive into the ever-fluctuating crypto market more effectively, you probably are on the hunt for a good trading platform. If this is the case, we are sure you have encountered 3commas.

In this 3commas review, we’ll take you on a tour of this powerful trading platform. Think of this as your insider’s guide to everything you need to know about 3commas.

So, whether you’re a seasoned trader or just dipping your toes into the crypto realm, we will walk you through how 3commas can potentially revolutionize how you trade and manage your digital assets.

Service TypeFeesPromotion
Online Crypto TradingVariableGet up to 10% OFF Today!
Pros & Cons
Pros
  • Automated trading strategies
  • Diverse exchanges
  • Smart trading bots
  • Portfolio management
  • Able to set stop-loss orders
Cons
  • Subscription costs
  • Learning curve

What Is 3commas?

3commas.io website

Alright, picture this: you’re knee-deep in the world of cryptocurrencies, trying to figure out the best moves in a market with a mind of its own. That’s where 3commas comes in.

So, what is 3commas, you ask? Well, it’s a platform that helps you trade cryptocurrencies smarter and maybe even sleep a little better at night. It’s all about automation, strategy, and managing your digital coins like a pro.

Think of 3commas as your own personal trading assistant. It’s got features that let you create and use automated trading strategies. You set the rules, and it does the heavy lifting for you. No more staring at charts for hours or fretting about missing out on a good deal while grabbing a snack.

External 3commas Reviews & Ratings

SiteRating
Product Hunt5
Bitcoin Trading5
Apple App Store4.7 from 92,639 reviews
Google Play4.7 from 15,129 reviews
The Coin Bureau4.6
Benzinga4.5

Here are some reviews from traders who have experienced the platform firsthand:

“Very simple and easy to use. Great option for trade and regular improvements to the system with upgrades and added features. Excellent control to maximize trade efficiency and productivity. Looking forward to more!”
“I really like that platform. It has made trading much easier and more convenient for me. I’m happy with the platform. I wanted to relieve stress from decision making and I have achieved it thanks to the bots that 3Commas has or those that you can do yourself if you have trading strategies and knowledge.
Thank you for this platform and thank you for your prompt response.”
“I like its smart trading platform and all the commodities it has. They are easy to understand and manage. After having understood how bots work, I think I have started to take advantage on them and make some money, after big losses I had with the recent crashes of some the exchanges. Hope it will continue helping me towrds a recovery!!!”
“3Commas is a trader’s best weapon to level up their trading skills. From running bots to trade without emotion, to being able to set more advanced buy and sell ordes that exchanges don’t have, 3Commas is a favourite platform for me where I do all my trades. No longer do I need to login to all the exchanges & accounts I have, I just need to use 3Commas.
Fully recommend this platform to anyone that wants to level up their trading.”

Features of 3commas

Many unique features will help you grab hold of your crypto trading. Here are some of those:

Manual Trading: Taking the Wheel

Alright, let’s talk manual trading. They call it the Smart Trade feature. With Smart Trade, you can pull off limit or market orders on any connected exchange. And here’s where the magic happens:

  • Simultaneous Take Profit and Stop Loss: You can set it so your deal closes when the price hits a certain point or drops below a specific value.
  • Trailing Take Profit and Stop Loss: The system adjusts these points as your coin’s price rises, so you can lock in profits without constantly tweaking things.
  • Sell by Multiple Targets: Say you’re selling your coins. You can do it in chunks, like selling half at $10,000, then 25% at $11,000, and the rest at $11,500.
  • Smart Cover: When the market throws a curveball, you can sell your coins, then repurchase them at a better time.
  • Charts and Signals from TradingView: You can view multiple charts simultaneously, all in one window. It’s like having many crypto crystal balls telling you what’s up.

Automated Trading: Let the Bots Play

Now, let’s talk automation – the pre-configured bots to customized bots will do the work while you sip your coffee. You’ve got options here:

  • Options Bots: Super easy setup for options trading. They calculate the purchase amount based on what’s happening right now in the market. Plus, you can track profits and losses like a champ.
  • Gordon Bots: These are like your Dollar Cost Averaging buddies. They help you buy low and sell high.
  • Grid Bots: Imagine buying and selling within a grid – perfect for sideways-moving assets. Your capital stays locked in, and profits hit your wallet immediately.
  • DCA Bots: This one’s like a customizable Gordon Bot. You’re the boss here, creating your own buying and selling strategy. The bot follows your lead.

Portfolio Manager: Balance and Prosper

Managing your crypto portfolio is critical, and 3Commas makes it smooth sailing. Check out these moves:

  • Create Portfolios: You can juggle different coins and amounts to create portfolios that suit you.
  • Balance Your Portfolio: Keep things on an even keel by adjusting the ratios of your coins.
  • Income Insight: Sneak a peek at what other 3Commas users are earning. Maybe get inspired, too.
  • Copy and Edit: See someone else’s ratios that you like. Copy and tweak it for your own portfolio. Sharing is caring, after all.

3commas Review on Pricing Packages

They’ve got four different game plans with a wide range of price ranges to choose from, and yes, there’s even a freebie option, sort of like a sneak peek into the crypto world of automation.

Alright, so here’s the deal: all their plans are free of pesky commissions and extra charges: no hidden fees here, fellow crypto enthusiasts.

Free Plan ($0):

  • Portfolio tracking
  • Scalper terminal access

Starter Plan ($29/month or $264/annual payment):

  • Manual trading with Smart Trade (futures and margin exchanges)
  • Paper trading with Smart Trade
  • Unlimited connected exchange API accounts
  • Unlimited active trades
  • Unlimited HODL Bot
  • 1 Grid Bot
  • 1 DCA Bot

Advanced Plan ($49/month or $444/annual payment):

  • Everything in Starter Plan
  • Unlimited DCA Bots
  • 1 additional Grid Bot
  • 1 Options Bot

Pro Plan ($99/month or $888/annual payment):

  • Everything in Advanced Plan
  • Unlimited Grid Bots
  • Unlimited DCA Bots
  • Unlimited HODL Bots
  • Unlimited Options Bots
  • Unlimited active Smart Trades
  • 1 Smart Bot

Standard Features Across All Plans:

Notifications:

  • Browser alerts
  • Mobile app notifications
  • Email updates
  • Telegram messages

Portfolios:

  • Track and manage your coins
  • Integration with TradingView for detailed analysis

Referral Program:

  • Invite friends to join
  • Get a percentage of their crypto action
  • Use referral income to pay for your subscription

Remember, whichever plan you pick, 3Commas has you covered in the world of crypto trading. But as with any adventure, be wise and keep your crypto compass handy.

How Does 3commas Work?

So if all that sounds good, the next step is to figure out how to use the platform. Here is a brief explanation of the process from signing up to investing!

  • Signing Up: You can dive in with just an email and a password. Or, if you’re more of an Apple or Facebook fan, hop on board using those IDs.
  • Setting Up: After you’re in, it’s time to spruce up your account and whip up your first trading bot. Here’s a little secret: you can skip the setup tour by hitting the button at the top-right corner. But honestly, it’s like having a friendly guide, so it’s a good idea to follow the setup tutorials to get rolling.
  • Choosing a Profitable Trading Strategy: You’ve got your eyes on a specific trading strategy. Cool. Now it’s time to pick your poison. Do you wanna just trade or learn? At this point, you can also take a deep dive into the educational resources or just dive in head first!
  • Linking to Your Exchange: Connect your account to your favorite cryptocurrency exchange. They’ve got a menu of 18 popular cryptocurrency markets, including big names like Binance.us, FTX.us, Coinbase, and KuCoin. Get ready for a bit of tech magic. When you link to an exchange, you feed in secret codes – your API settings. These include things like API Secret, API Key, and Passphrase. They’re like the secret handshakes that unlock your trading powers.
  • Building Your Bot: Now, the fun part. You’re building a bot. You can go wild and customize your own or pick from several preset bots that match your chosen strategy. Once you’ve got your bot’s blueprint all set – whether it’s your creation or a cool preset – hit the “Create Bot” button. It’s like pressing the “go” button on your crypto journey. Your bot springs to life and starts trading based on the rules you’ve set.
  • Tracking and Monitoring: All your accounts and trading action are nicely gathered in the “My Portfolio” tab. It’s like a dashboard for your crypto universe. You’ll get a clean snapshot of how things are rolling in the world of your investments. And that’s not all – you’ll also see real-time updates on profits, losses, and a breakdown of where your assets are hanging out.

Who is 3commas For?

Whether you’re a crypto rookie or a seasoned trader, 3Commas has its doors wide open for a diverse bunch. Here’s who can find their groove with this platform:

  • If you’re just stepping into the world of cryptocurrency, 3Commas is like a friendly guide. Thanks to its user-friendly interface and automated trading options, you don’t need to be an expert chart reader to dive in.
  • Are you intrigued by the idea of trading while you sleep? If you’re all about letting the robots do the work, 3Commas has a playground for you. Its automated trading bots can take care of business while you sip your morning coffee.
  • Maybe you’re the analytical type who loves crafting strategies. 3Commas offers a canvas for strategy creation, letting you experiment with different trading approaches and tailor them to your style.
  • Life can be a whirlwind; sometimes, you just can’t keep your eyes glued to trading charts all day. 3Commas is your lifesaver here – you can trade actively without constant monitoring.
  • Handling multiple cryptocurrencies across different exchanges can be a juggling act. If you’re all about portfolio management, 3Commas simplifies the process, letting you view and balance your coins in one place.
  • If you’re eager to learn the ropes without risking your actual funds, 3Commas’ paper trading feature is your ticket. It’s like having a crypto school without the tuition fees.

3commas Review – Final Thought

In the dynamic world of cryptocurrency trading, 3Commas emerges as a versatile ally, catering to traders of all stripes. From crypto novices seeking an accessible entry point to experienced traders looking to automate and refine their strategies, this platform offers a range of tools and features that adapt to various trading styles.

With its user-friendly interface, automated trading bots, and supportive community, 3Commas paves the way for beginners and advanced crypto traders to navigate the complex realm of digital assets confidently. Click here to check 3commas out today!
Get up to 10% OFF Today!

Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. He’s a father of 2 beautiful girls, a dog owner, a long-time online entrepreneur and an investing enthusiast.

Get up to 10% OFF Today!Get Started Today