3Commas, found online at 3Commas.io, is a cryptocurrency investment platform that lets you track and copy top portfolios or implement stop loss and take profit commands with a single click. Find out how it works today in our review.
What is 3Commas?
3Commas is an investment management platform catered to the crypto community. The platform allows traders to access tools for more effective, informed trading behavior.
Don’t confuse 3Commas.io with Three Commas, which is Mark Cuban’s apparel company for entrepreneurs. When you search for 3Commas stuff online, you’ll find both. 3Commas (the cryptocurrency trading platform) lets investors trade and invest in cryptocurrencies from one place. The goal of 3Commas is the same goal as most investment management platforms: to minimize investors’ risks, grow their profits, and limit their losses.
The platform also has a portfolio tracking feature where you can track top-performing portfolios of other traders. Let’s take a closer look at how 3Commas works.
How Does 3Commas Work?
3Commas provides investors with a variety of tools they can use to inform crypto trading. For these tools to work, they need to be connected to your chosen exchange via an API. The API key permissions are set to only allow trades – not the withdrawal of funds. That means 3Commas won’t be able to take your money – the tools only allow trading.
Setting up 3Commas for the first time is straightforward. You visit 3Commas.io, then go to the signup page. After signing up, you’ll have access to all of the platform’s analytical features right away. If you want to use the platform’s trading tools on exchange, however, then you’ll need to setup the APIs.
3Commas has a feature called SmartTrading that uses TakeProfit and StopLoss commands to maximize trader profits. Basically, it lets you customize your portfolio with commands to buy or sell at a given price point.
You can purchase baskets of cryptocurrencies through 3Commas. The platform features portfolios. You can track a specific portfolio’s progress over time, then invest in a portfolio based on your desired risk and returns. You can also create your own portfolio with the platform. After you find your desired portfolio and choose to buy it, you can click “Apply to Exchange” to purchase funds on your chosen cryptocurrency exchange.
You can make money by referring other people to the 3Commas platform. 3Commas has a multi-level referral program.
3Commas is a new cryptocurrency investment management platform that launched in December 2017. The platform provides traders with APIs they can connect to their preferred cryptocurrency exchange. The APIs make trades on your behalf. 3Commas has a SmartTrading platform that allows you to implement Trailing Take Profit and Trailing Stop Loss commands. The goal is to maximize investor profits and minimize losses.
3Commas also has a portfolio system. You can create your own portfolio on the platform. Or, you can follow a portfolio that’s already been created.
Check out 3Commas for yourself today by visiting 3Commas.io.