Haas Bot Review: Is it a scam or legit?

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How can automation help crypto trading and how can bots improve your profitability margin? A good bot is worth its code and gold, while a bad bot could cause you financial ruin. What does HaasOnline score on this scale? We will find out today.

Many novice traders consider trading bots to be miracle-workers. Once you have entered a few lines, you can tweak settings and draw lines across diagrams to create your unlimited source of guaranteed income. This is obviously wrong.

Trading bots, in reality, are tools that streamline and automate trading logic. Trading bots are not perfect. Humans have limited trading skills.

Bots on the other side have no such limitations. They can also be connected and take actions nearly instantly. The result of “teaching” an excellent trading bot is your 24/7 presence with lightning fast decision making. This has changed cryptocurrency trading as we know.

The logic that is pre-built for a trading robot can be rented, borrowed, or purchased by traders. If you have enough expertise, you are able to create your own scripts using the parameters provided by the trading automation platform.

HaasOnline supports each of these approaches, and claims to be able provide the necessary logistics for crypto trades at all levels of coding skill and experience.

Let’s see if HaasOnline truly is a real trading bot.

What is HaasOnline?

Officially called the HaasOnline Trade Server (HTS), this bot automates cryptocurrency trading. It was established in 2014 and has quickly become a popular solution to crypto speculation.

You can access the service via a desktop app. Download the application from the official website for Windows, Mac, or Linux. The application will run as a program once it is installed.

HaasOnline offers solutions that allow traders to trade cryptocurrency and buy or sell it without needing to be physically present. The trading bot uses trends to determine the best way to trade cryptocurrency.

This allows the software to execute orders automatically while still ensuring that a market analysis exists.

Trades can be made faster and more reliably throughout the day by trading bots that are not limited to one market. You can easily set your bots to specific markets and they will acquire or dispose of cryptocurrency under certain conditions, even if you are not present at your desk.

HaasOnline also automates selling and buying orders in the crypto market. It allows traders to access higher functions and more speculation options via its software.

 

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How HaasBot Works

 

  • HaasOnline Trade Server License
    First, you will need to purchase the HaasOnline tradeserver license and create an HaasOnline account with the same email.
  • Download the software
    Next, you will need to download HaasOnline’s trade server that is based upon your operating system.
  • Get started creating bots
    Now you will need to create trading platforms and connect to crypto exchanges in order to make them work.

HaasOnline’s Pros and Cons

 

Pros Cons
Strategies are limitless Not for the beginner
High performance Technical barriers high
Privacy and security are key Premium pricing

 

Pricing for HaasOnline

Beginner

For a full year, 12 BTC for beginners. It provides a jump board to Haasbots safetyties and indicators.

Our most important finding is that it restricts access certain Haasbots such as the Flash Crash Bot, Zone recovery bot, and others.

These are reserved for professionals, not only because they are expensive but also because beginners might be tempted by the fire.

Simple

Simple is 0.2 BTC for one year. This covers most traders.

You will find indicators, bots, tools and other tools that are at par with the best available.

This plan is very affordable at 0.07 BTC per quarter.

Advanced

Advanced level starts at 0.32 BTC. This is where you can open up the full Haasbot license and unlock the Haasonline suite of software.

Tradesmen who are skilled in advanced techniques can be given free rein to practice their trades and make a profit.

What features can Haasonline provide?

 

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What makes HaasBot special?

According to their website statements, the service offers:

Users can quickly create, back-test, and deploy automated trading strategy across cryptocurrency exchanges in minutes.

To maintain the highest level of technology, the trading bot is continuously being improved. Only Script 2.0 has been updated for the Haas Bot.

HaasOnline wants to make trading as simple and easy as possible. What are the other benefits of crypto trading software?

Haas Bot has many advantages

Let’s take you through a sample of the “benefits”

Backtesting (Historical as well as Real-Time)

It is really useful. I believe every trading bot needs this. You can use this option to check your bot settings in real-time or in the past. This allows you to see how well your bot performs if you have set these settings.

Indicators and insurances

HaasOnline provides hedges for trading the coins in addition to the traditional indicators. It’s all you need! It is easy to make mistakes with Trading Bots, especially for beginners. These hedges are extremely helpful.

Haas Bot supports more than 20 exchanges, offers 12 settings for “insurance”, and 30 trading hedges (such stop loss, stop gain, etc. 50 trading indicators and

Drag & Drop visual editor – a joy that makes trading seem easy

You can configure your bot using the Visual Editor. This is a distinct selling point. Many Bitcoin Trading Bots are only accessible to techies. This visual editor is likely to solve this problem and make trading more accessible for all.

Haas bot Supported exchanges

The versatility of an automated trading platform is key to its quality. The value proposition of automated trading is influenced by its support for crypto exchanges.

HaasOnline has been very fortunate in that this bot covers all aspects of the market. It almost exclusively supports and provides cryptocurrency futures market.

It supports at least 21 crypto exchanges. These include prominent names in the space of digital assets. Here are a few of the exchanges that were included in the list.

  • Coinbase Pro
  • Binance
  • Bitfinex
  • BitMEX
  • Bitstamp
  • Bittrex
  • Deribit
  • Gemini
  • HitBTC
  • Huobi
  • Kraken Futures
  • KuCoin
  • OKCoin
  • OKEX

HaasOnline Alternatives

  • 3commas is an internet platform for those who are interested in trading cryptocurrency using automated bots. It’s especially appealing for people who do not have extensive stock market experience or a financial background.
  • Bitsgap is a cryptocurrency trading platform that can handle all your trading needs. It allows users to link all their crypto-exchange account under one roof and trade through an integrated interface.
  • Quadency, a platform for crypto trading automation was founded in 2018. It offers a smarter way for you to trade and manage your cryptocurrency.

 

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HaasOnline review: Conclusion

HaasOnline has developed cutting-edge trading technology that can be traced all over crypto fintech. With their powerful trading bots and scripting language, as well as analysis tools, traders have the chance to maximize profits and increase efficiency.

HaasOnline may not be the best option for beginners to trading. But if you are a skilled trader who has experience with tools such Ninjatrader, Metatrader, and Tradestation, you will feel right at ease.

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