Comparing to human or manual cryptocurrency trading options, the automated trading platform options will help you invest and trade better in the crypto market. Today, we will review Paratica.com, which allows you to automate your crypto trades.
Table of contents
- Paratica is a fully automated auto trading system for cryptocurrencies that runs on the cloud. So, after you set up your bot, it helps you track and trade even while you are sleeping.
- Bots are automated tools that conduct and execute trades and transactions in place of human investors.
- This social trading platform based in Istanbul, Turkey, launched in 2018.
- According to the website, Paratica.com has over $21 million in trade volume every month. It also gets over 3 million orders per month with over 5200 clients.
- At Paratica, you can either follow expert traders or automate your trade.
- The user-friendly interface of the Paratica platform allows you to easily alter the bot settings if you want to trade manually.
- Before you start investing at Paratica.com, you have to enable or activate two-factor authentication (2FA) security.
- You get a 10% commission for every referral sale you make on Paratica.com
- The Partica.com website has different price ranges according to the other plans they offer. The plans are Gold Plan, Silver Plan, and Platinum Plan. You can use Paratica.com freely for a week, and afterward, you have to subscribe.
- According to the plans you subscribe to; you can trade with unlimited strategies, filters, pairs, and positions in Paratica.com
- Paratica.com is a multi-lingual user-friendly website and is available in four languages – English, Japanese, Chinese and Turkish.
What is Paratica.com?
Paratica is a cloud-based automated trading platform launched in 2018. It is a social trading platform based in Istanbul, Turkey. As the website suggests, Paratica is a fully automated auto trading system for cryptocurrencies.
According to the website, Paratica.com has over $21 million in trade volume every month. It also gets over 3 million orders per month with over 5200 clients. To start investing at Paratica, you must enable 2FA before they begin to add their API credentials. This removes any risk of withdrawals.
At Paratica.com, you have the choice to manually set trading strategies or follow trading experts if you want. The user-friendly interface of the Paratica platform allows you to easily alter the bot settings if you wish to trade manually. You can use the experts’ tab to quickly view all the expert traders investing via different strategies or making investments across currencies and exchanges.
What are Trading Bots in Crypto?
Trading Bots are automated tools that conduct and execute trades and transactions in place of human investors. They react quickly and help investors and traders to monitor cryptocurrency markets worldwide.
Trading at Paratica.com
Paratica.com is a simple, user-friendly trading platform. At Paratica, you can either follow expert traders or automate your trade. In automated trading, it will present all the information to you to make correct choices.
If you want to follow the experts, click the ‘experts tab’ in the Paratica website portal. You can filter out these experts according to the number of followers and according to your status (actively / trading/passive). Each expert has a separate page, so you can easily see all the pairs they used, their trades, profit % status, and other data.
How to get started with Paratica?
Before you start using Paratica, you have to enable or activate two-factor authentication (2FA) security. Two-factor authentication protects your account and tokens. To enable two-factor authentication, you download the Paratica mobile app and enable Google authentication.
After this, you need to connect your crypto exchange by entering API Keys and secret on Paratica.
After these beginning steps, it is pretty easy to use when we come to the Paratica platform. As an investor, you can either create your strategy or follow expert traders. The paratica.com platform is available on both desktop and android. Then you can set up your bot, and you are ready to start.
You can further refer to Paratica Quick Start Tutorial’s YouTube video if you have any further doubts. Click this link.
Benefits of using Paratica
Paratica has some amazing benefits and it is Compatible with many platforms. Let’s have a look.
OKEx is a Seychelles -based cryptocurrency exchange. Paratica.com is a supporter of OXEx auto trading on the cloud. So with Paratica.com, you can set up, manage, and create your algorithm without writing a single kind of code and trade for 24/7.
Paratica is also a member of the Huobi Global Elites program. With the partnership of Huobi, users can avail themselves of various services and privileges from the brand too. For example, you can use Huobi Auto Trade freely with Paratica.com. Sign up for the Huobi account on the Paratica.com website.
Binance exchange is fully compatible with Paratica.com. So, you can set up, manage, trade efficiently on Paratica.com with Binance.
With the collaboration and integration of Paratica and Chitiz.net, you are eligible to trade Fan tokens listed on the Chitiz.net website. Immediately sign up for the Chitiz account on the Paratica.com website.
You get a 10% commission for every referral sale you make. This referral program of Paratica.com has high profitable chances with the possibility of no or high earning limits.
Paratica Review: Features
Paratica has some exclusive features for its users.
- Budget Settings
Paratica.com allows you to design or configure your account with its most extensive fund management system according to your preference.
- Portfolio Settings
With Paraica.com, you have the option to choose the cryptocurrency pairs of your choice. All BTC, ETH, BNB, and USDT pairs are available in Paratica for trading.
- Unlimited Trading
You can trade with unlimited strategies, filters, pairs, and positions on Paratica.com.
- Pairs Based Settings
You can configure or arrange your pairs according to the settings available in Paratica.com.
- Built-in strategies and Filters
You have detailed settings and filters to use. And Paratica.com also has ready-to-use strategies.
- Stop Loss, Take Profit
Paratica can quickly scan and find the pair you desire according to your criteria.
- Trailing Stop
With many calculation methods and tools available in Paratica.com, you can –‘Stop Loss’ and ‘Take Profit’
- Market Order, Limit Order
In your automated orders, you have the option to use ‘Market Order’ and ‘limit Order’.
- Trade History
On Paratica.com you have the benefit to see a full-time trade history.
As per the website, it declares itself to be the best auto trading website with the best price.
- You can combine successful strategies and customized trade settings and set up your profitable trade setup. You can adjust and change usage according to crypto market trends.
- You can broadcast your successful auto trading strategy that you have created to people. That is, you can make it available to them and earn extra income.
- You can entrust your auto trade management to good broadcasting people, you think. You might have seen these successful broadcasters from the strategies they use.
Paratica Review: Pricing
The Paratica website has different price ranges according to the other plans they offer. The plans are Gold Plan, Silver Plan, and Platinum Plan. You can use Paratica.com freely for a week, and afterward, you have to subscribe to any of these three plans – silver, gold, or platinum to have full access and avail of all its features and benefits.
The Silver Premium Plan comes for a price range of $ 9.90b/ month. It includes 150 positions per month with 5 positions per day and 10 concurrent pairs. It also offers 50 pairs and a wide range of benefits listed in the pricing tab below. Next, the Gold Premium Plan comes with a price range of $ 14.90/ month. It includes 300 positions per month with 10 positions per day and 20 concurrent plans. It offers 100 pairs and other benefits.
The Platinum Premium Plan comes with a price range of $ 19.90/ month.
It includes unlimited positions per month with 50 concurrent positions. This plan comes with many benefits and endless pairs.
All three plans offer Trailing Stop, Stop Loss Take Profit, Pair Based Settings, and Real Trades Virtual Trades.
Paratica Review: Security
The bot in Paratica has no withdrawal rights. So, your funds remain safely within your exchange account. As a user, you will have to activate two-factor authentication (2FA) security to protect your account. Paratica also has listed other security measures like SSL to protect your data.
The API credentials have minimum access, so it removes the risk of any withdrawals.
Paratica Review: Customer Support
- Live Chat: There is a white message bubble in the right side corner of the Paratica.com website. To live chat with them, you have to provide your email and name. According to the website, their support team is available online from 10:00-22:00.
- YouTube: Paratica.com has also posted a lot of detailed videos on their official YouTube channel. You can refer to them to clear your doubts. Click here to check out the video.
- Other Contact info:
- Email: [email protected]
- Telegram: @paratica
- Telegram EN: @paratica_en
- Telegram TR: @paratica_tr
- Twitter: @paraticacom
Paratica Review: Pros and Cons
Like two sides of a coin, everything has its pros and cons. We have tabulated some of the advantages and disadvantages of using Paratica.com below. You can take a quick look at them in the table below and decide further.
|Paratica.com is a multi-lingual user-friendly website.||You can only avail the facilities of paratica.com for a free trial of 7 days. After that, you have to pay to fully access and use all its features.|
|It is available for users in four languages – English, Japanese, Chinese and Turkish.||The product is very early stage needs more development all around to provide a better user experience.|
|It supports HUOBI, Binance, OKEx, and Chiliz exchanges.|
|You get 10% referral bonuses for every referral sale you make.|
|You have access to unlimited strategies, filters, pairs, and positions on Paratica.com according to the plans you subscribe to.|
|You gave the option to either follow expert traders or automate your own trade.|
Paratica Review: Conclusion
In today’s scenario, Investing and trading Cryptocurrency has transformed from a mere hobby to a full-time job for many, especially with the pandemic. If you are going to start crypto trading, you may seek the help of this automated cryptocurrency trading platform. Paratica.com is a beginner user-friendly that has lots of benefits and features which will give you suitable trading and investing experience in Cryptocurrency.
Paratica, launched in 2018, runs on the cloud, and it has a wide range of exclusive features like it can quickly find the suitable crypto pairs you want. It also supports HUOBI, Binance, OKEx, and Chiliz exchanges have their own set of benefits to offers. It has two-factor authentication (2FA) security, so your finds and tokens are safely guarded. With this auto-automated platform, you even have the option to switch to manual trading whenever you want.
You can freely access and use Paratica for a week. After that, you can subscribe to any of the three plans available on the website to access all its benefits and features Paratica’s automated auto trading system will quickly aid and keep you updated in this highly volatile cryptocurrency market. If you are a new user, check out the other crypto trading platforms and other cryptocurrency blogs before diving into this market. You will get better clarity on crypto!
Frequently Asked Questions
What cryptocurrency exchanges can be used in Paratica.com?
You can use Binance, Bitfinex, Bittrex, Poloniex, Huobi exchanges. It supports Huobi, Binance, OKEx, and Chiliz exchanges.
Are my trading orders automated?
Yes, since Paratica is an automated crypto trading platform, it provides 24/7 service. So, you can trade nonstop without keeping your computer turned on all the time.
Can I stop the hot and sell manually whenever I want?
Yes, you can stop your bot and use it manually. You can even withdraw anytime you want. Paratica doesn’t restrict your actions.
Will users follow and see my settings?
It depends on your request. It’s up to you to set the setting for your followers to see or not.