Coin Kong Trader is arguably the most profitable bitcoin trading robot in 2021. It’s said to apply AI algorithms to automate the entire bitcoin trading process.
Both veteran and amateur traders have found this bot worth trying, thanks to its supposed win rate of up to 90%. Moreover, it is said to generate daily profits of up to 80%. This insane profitability rate could turn you into a crypto millionaire within months of compounding the daily profits.
The minimum trading balance is USD250. You can start with this amount and compound the daily earnings for growth. Alternatively, you can invest more money for fast growth. But is Coin Kong Trader any profitable, or is it a scam? Let’s find out in this review.
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Coin Kong Trader Review Summary
- Coin Kong Trader is among the top-rated auto-trading bots on consumer feedback platforms such as Forex Peace Army.
- The robot has published all crucial details, including the identities of its partner brokers and the trading fees.
- Coin Kong Trader’s partner brokers are regulated by top-tier regulatory bodies such as CySEC, FCA, and ASIC to protect their client’s funds.
- Coin Kong Trader uses cutting-edge AI technology to conduct trading research and execute winning trades.
- All withdrawals are fast and can be tracked through the Coin Kong Trader public ledger.
- This trading system is offered in web and mobile versions. The mobile version is hybrid and therefore works on all smartphone devices.
What is Coin Kong Trader?
Coin Kong Trader is a trading system that helps its users to earn passive income by trading Bitcoin. The entire trading process is automated, such that the robot conducts market analysis and executes the trade through the linked broker.
The bot can do both technical and fundamental analysis. The technical analysis considers the chart history, the price patterns, and the volume data to predict the market’s direction. On the other hand, fundamental analysis focuses on global breaking news that is likely to sway the markets.
The robot uses complex Natural Language Processing (NLP) and Deep Learning (DL) algorithms to scan for news and reads them. It’s able to detect news within microseconds of the announcement and place bets on them.
Coin Kong Trader uses Machine Learning (ML) techniques to learn from data and adapt to changing market conditions.
How Does Coin Kong Trader Work?
Coin Kong Trader algorithms are engineered to execute sophisticated strategies to glean profits from the highly volatile bitcoin price.
All a trader needs to do to trade with it is to deposit the minimum trading capital. They must also adjust the risk control tools as instructed. Coin Kong Trader offers a risk appetite test to help you determine the level of risk to apply per trade.
This trading bot offers bitcoin CFDs trading. The bot analyses over 200 crypto pairs to identify trading opportunities. It’s said to place up to 20 trades per minute and over a thousand trades per day. Coin Kong Trader is said to make money in 90% of these trades.
Trading CFDs is risky and, therefore, should be approached with caution. Coin Kong Trader reduces the risk but doesn’t eliminate it.
How to Register and Trade with Coin Kong Trader
Registering on Coin Kong Trader is quite straightforward. Visit the official Coin Kong Trader website here and create an account.
You should use Coin Kong Trader from any of the countries that support retail CFDs trading. These are mostly in Europe, Australia, Asia, South America, and Africa. Some parts of North America and the Middle East may also be supported.
Coin Kong Trader offers a well-equipped resource centre to help you prepare adequately. The resource centre is equipped with a trading tutorial video and a demo account. Also available is a news feed to update you on the latest happenings in the crypto industry.
Coin Kong Trader performs extremely well when volatility is high. The news-feed feature will help you identify and capitalize on volatility driving events.
Signing up with Coin Kong Trader
On Coin Kong Trader’s official website, you’ll find an application form requiring your full name, email address, and phone number. Make sure you submit the correct information for faster verification.
After signup, you’ll be linked to a local broker. Coin Kong partner brokers are top quality and require all clients to go through verification in line with the global KYC requirements.
Deposit trading capital
Coin Kong Trader accepts an initial deposit of $250. You can deposit more if you choose to, but that increases the risking of losing more. We always recommend that you deposit a small amount first (the required minimum will do), then grow the balance from there.
All deposits are facilitated through the regulated supporting brokers. This assures all clients of safety.
Read the trading guide and practice on the demo.
Coin Kong Trader has invested heavily in the education of its clients. The demo account comes with virtual currency for practice. It simulates real trading, and hence the outcome on the demo is somewhat reflective of the live experience.
The best thing about the demo account is that you get to test your trading robot there and estimate its win rate. Test new tricks and employ new techniques to help it perform better. The more you practice, the more the trading bot familiarizes itself with the market data.
As the robot continues to learn the market and analyze more data, it gets more efficient and effective.
Trade on the live account
Coin Kong Trader implements trades basing on the settings applied. As mentioned earlier, this trading bot allows users to customize the risk control settings.
These features include Stop Loss, Take Profit and Negative Balance Protection. The Stop Loss minimizes the risk of holding a losing position for too long. On the other hand, the Take Profit prevents you from being greedy and holding a profitable position for too long.
The Negative Balance Protection protects you from the negative losses resulting from overleveraged trading.
Tips to getting the most out of Coin Kong Trader
Since the system is fully automated, there’s nothing much you can do once the live trading session has commenced. But you can take actions to ensure that you make the most out of the bot and minimize losses.
- Start small – This will allow you objectively study how the bot responds to different market conditions. You will be able to determine the best times to run it when you do so.
- Allow the bot to run for at least 8 hours daily – Run Coin Kong Trader for not less than 8 hours daily to get the best out of it. You can get great results by running from 8:00 AM to 4:00 PM ET, given the level of volatility associated with this time zone.
- End trading sessions by the end of the day– Close the trading session and leave no positions for overnight trading. Most brokers charge rollover fee fees for positions held overnight.
- Coin Kong Trader will do all the trading for you automatically. You are free to do other things as your money works for you. As little as 20 minutes daily is all you need to set the robot for live trading. You can set the robot to send progress notifications to your phone after every 1 hour of trading.
Is Coin Kong Trader Legit? Our Verdict!
We have done rigorous testing on Coin Kong Trader and are happy with it. This trading system is not only legit but could also be highly profitable.
Coin Kong Trader also scores highly on trustworthiness, given that it operates in partnership with the industry’s top brokers. You can try your luck now by visiting their website via the link below.
FAQs
What is Coin Kong Trader?
Coin Kong Trader is an AI-powered trading system that trades Bitcoin on behalf of users and helps them earn a passive income from trading.
How much should you invest in Coin Kong Trader?
All traders on Coin Kong Trader are expected to make a minimum deposit of $250. You can deposit more money if you want to. However, you should only trade with an amount you can afford to forego.
How much can you earn with Coin Kong Trader?
The profits you make at the end of the day depending on how much you invest, market conditions, and luck. You could earn huge profits within a very short time during periods of high volatility.
How do you withdraw your profits from Coin Kong Trader?
Withdrawals are made through the supporting broker. You’ll need to visit the fund management section on the dashboard and fill out the withdrawal request form. The withdrawal processing time is dependent on the withdrawal method you choose.