NapBots Company Overview
NapBots is a trademark of the French holding – Napoleon Crypto Group, established in 2018. The trading platform NapBots is regulated by the AMF, which is very similar to the SEC in the United States. Napoleon Crypto Group is a publicly traded company that became the very first regulated corporation in the European Union to issue the regulated BTC fund. The management of the company consists of experienced traders who spent more than 20 years developing effective strategies at large-scale French financial institutions.
Throughout the last three years, they have managed to design over 20 different strategies dedicated to trading Shares, Fiat, and Crypto assets. Some of their oldest strategies, such as BTC Lo, were active for more than 3 years exceeding the expectations of their base indicators. Nowadays, the effectiveness of these strategies exceeds 100% over the past 12 months, which proves its efficiency in both Bear and Bull markets. Apart from this, many of their newer strategies have hit the records and attracted thousands of investors interested in automated crypto trading.
Cryptos & Trading Platform
Depending on the frequency of the trades (hourly, daily, or weekly) users can choose from a variety of manual and automatic strategies of crypto trading to automate their trading and distribute their tools. Many clients of NapBots prefer to diversify across several strategies for lowering the risks, while others prefer to stick to a specific crypto trading strategy. Along with the available strategies, NapBots clients can use the model groups that were built specifically for the platform. These model groups can be utilized for testing purposes on all supported crypto assets.
From the available crypto trading bots at the NapBots platform, some of the best performing bots have had above 500% performance throughout the past year. Twenty bots are offering Bitcoin pairs, four bots include both Bitcoin and Ethereum pairs, eleven bots offer Ethereum pairs and the rest have various cryptocurrencies. The top crypto bots with the best performance are listed below:
- Jade Horse: + 4415%, available pairs: SOL/USD, available exchange: Binance
- Moonstone Pelican: + 2,815%, available pairs: MATIC/USD, available exchange: Binance
- Diamond Rhino: + 1,846%, available pairs: BNB/USD, available exchange: Binance
- Zircon Flamingo: +730%, available pairs: DOGE/USD, available exchange: Binance
- Red Spinel Lama: + 654%, available pairs: ADA/USD, available exchange: Binance
- Tanzanite Cat: +549% available pairs: BTC/USD, available exchange: Binance
NapBots Crypto Bot Overview
The five top NapBots crypto trading robots mentioned above in the list, Jade Horse, Moonstone Pelican, Diamond Rhino, Red Spinel Lama, and Tanzanite Cat have similar trading strategies. Zircon Flamingo is the newest addition at NapBots which came into existence in 2021, Jade Horse was launched in 2020, while Moonstone Pelican, Diamond Rhino, Red Spinel Lama, and Tanzanite Cat were developed in 2019. These crypto trading bots combine three efficient quant strategies. The first two strategies are medium-trend following strategies triggering a purchase signal as soon as the price hits a trend indicator. The users can choose either a weekly or daily application. The third strategy is a short-term contrarian strategy activating the buy signal when the price is in oversold territory.
Most of the BTC trading bots offer hourly and short-term trading strategies that use a wavelet decomposition to follow the Bitcoin price. There are multiple filters applicable to the strategy where some of them limit turnover. Weekly strategies are available for Bitcoin, EOS, Ripple, Ethereum, and Litecoin automated trading. The Bitcoin weekly trading strategy – NapoX TF BTC LO is one of the oldest and the most popular bots developed in 2017. It follows a medium-term trend following strategy.
Is NapBots Worth It?
NapBots has a simple pricing structure with no setup costs. The platform offers three kinds of membership subscription packs, but their pricing also varies according to the user’s starting trading capital. The NapBots minimum deposit starts at 1000 euros. With this investment, the users can choose to set up a Silver subscription plan with 19 euros monthly fee, a Gold subscription plan for 49 euros, or a Platinum membership pack for 99 euros per month. If the investment of the NapBots users exceeds 5,000 euros then all three membership plans ask for higher monthly fees.
Silver subscription plan includes unlimited, real-mode execution, unlimited copy, access to all supported crypto pairs, and a copy weekly bot. The users can also utilize auto mode allocation and an email customer support service. Gold subscription plan offers everything listed previously with an additional copy daily bot, short bot, custom bot allocation, and the leverage allowance. The Platinum membership plan comes with all-in-one account features. It allows the usage of all three strategy terms: hourly, weekly and monthly. It also supports the switch exchange, however, it does not support the following exchanges: Bitpanda, Bitstamp, Kraken, Okex, and Phemex. On the other hand, Platinum users will be the ones receiving access to upcoming additions to be featured on NapBots crypto platform:
- Machine Learning
- Predictive Bot Behavior AI
The diversity of membership plans along with convenient pricing allows users to choose the subscription type that suits their trading budget, goals, and strategies. All three subscription plans are highly recognized by the existing customers of NapBots, as well as experts. Therefore, the platform does indeed offer great value for price for its crypto trading bots.
Final Remarks on NapBots Bot
NapBots is expanding continuously but managing to retain its existing clients due to highly innovative features, flexible pricing, and a diversity of available cryptocurrencies, exchanges, and crypto bots. The platform does not charge commissions but instead has fixed membership fees which makes it easier to calculate overall trading costs and decide on a strategy. Furthermore, the interface of the trading terminals is overly simplified to suit all the levels of expertise in trading, including beginner, intermediate and advanced. NapBots is a decent crypto trading platform for those who are already familiar with Binance, BitFinex, Bitmex, Kraken, and others.
Frequently Asked Questions on NapBots
Is NapBots good?
NapBots is one of the leading crypto trading automated solutions providers. The platform has more than 3 years of experience in designing unique crypto trading strategies and highly enhanced crypto bots with hourly, daily, and weekly trading terms. It supports more than a dozen cryptocurrencies, the most popular crypto exchanges, and more than 20 crypto bots to choose from. Furthermore, NapBots has a simple pricing structure with three subscription plans available at a starting rate of 19 euros per month for the Silver membership plan. Hence, NapBots is equipped with every tool and feature to support beginner and advanced crypto traders.
Is NapBots Safe?
NapBots is a very safe platform for several reasons. First of all, the funds of the traders are not kept on the platform. They are held with the crypto exchanges that the traders use, such as Binance. Secondly, the trading bots of NapBots are not capable of making withdrawals. Instead, they are limited to simply executing the orders. NapBots requires API keys that are used to deliver orders as per your preference of strategy combos. It can only request an update on trade execution but your money will never be accessible for the platform.
