Paratica vs NapBots

Crypto trading bots are turning out to be a necessity as the crypto market never sleeps. Hence, this article compares Paratica vs NapBots ; the three most popular crypto trading bot providers Paratica, and Napbots.

Summary

  • You can use Napbots‘ trading bot service to increase returns while reducing losses.
  • Paratica is a social trading platform that enables users to create investment strategies independently or follow experienced investors.
  • All three platforms connect to your crypto exchange using API keys and hence are safe to use.

What are Crypto Trading bots?

In recent years, the crypto sector has grown explosively, and it may be one of the most vital years for all major crypto assets.

It is now almost impossible to manually watch price movements, trade stocks, and consistently make gains.

Automated trading systems, such as NapBots, which offers a range of tools to aid traders, have become increasingly popular as a result.

Alternatively, users may create their trading strategies or follow the trading strategies of professional traders on these platforms by employing copy trading approaches. 

What is NapBots?

In addition to automated trading, Napbots‘ trading bot service allows customers to improve their profit margins and minimize losses. Napbots execute activities based on the movements of the market price. You can start using the bot by choosing an exchange from Binance, BitMEX, Bitfinex, Okex, Phemex, Kraken, and Bitpanda.

Paratica Vs Napbots

There is a significant amount of liquidity available due to such a diverse set of exchanges used by the algorithmic methods. You can then select your favorite crypto strategy, and finally, sit back and let the bot do the work for you.

To learn more, read the Napbots review.

What is Paratica?

Paratica is a social trading platform that allows users to create trading strategies manually or follow professional traders. Furthermore, the platform has a simple user interface that allows users to change the bot settings if they want to trade manually.

In addition, the expert’s tab lists all of the professional traders who invest using various strategies, making it simple to invest across currencies and exchanges.

Besides, users at Paratica can trade through four exchanges, which are Huobi, Binance, OKEx, and Chiliz.

To learn more, read the Paratica review.

Paratica Vs Napbots

Paratica vs NapBots: Pricing

When it comes to cryptocurrency trading, several fees must be taken into consideration. For a one-time fee, monthly membership fees, or profit-sharing, some organizations levy an ongoing fee. 

While Practika and Napbots have no direct influence on the exchange account’s transaction costs, they can indirectly affect the fees charged to your account when you perform trades through them. Even though there are no transaction costs or commissions, they charge registration fees for their crypto trading bots

NapBot Pricing

Napbots has a relatively straightforward pricing model. It has a fair, transparent, and flexible pricing system with no hidden charges.

  • Napbots is entirely free if you have a trading budget under $200.
  • However, if the trading budget exceeds $200, you are charged with a monthly fee of €2 for every $100 invested (up to a maximum of €500/month)
  • For trading budget of $25,000 and above, the price is capped at €500 a month.

Also, you can cancel your subscription anytime without paying any cancellation charges.

Paratica Pricing

Users at Paratica have the option to choose from three different plans. Firstly, the Free plan which comes with 5 real positions per day and 5 concurrent position limits. Secondly, the Super plan which comes with unlimited real positions per day and 50 concurrent position limits. Lastly, the Special plan which comes with unlimited real positions per day and 100 concurrent position limits.

Paratica Vs Napbots

Paratica vs NapBots: Trading

If you wish to utilize any of Napbots and Paratica preset bots, you should know which bot to pick. Therefore, you should learn about exploiting them to their maximum potential and minimize your losses.

Despite this, you don’t need a technical understanding of the market to participate in Napbot trading, as it is simple enough for novice traders. Furthermore, it is the only BTC strategy-combining bot on the market. 

Ultimately, according to market price changes, Napbots will engage in a similar activity to the user.

Paratica vs NapBots: Reliability

Napbots

The AMF regulates Napoleon Group, and its sister brand, Napbots, offers an AI-powered and cloud-based solution that enables cryptocurrency trading for anybody who does not work in the financial industry. 

Thus, trades can be conducted for you, depending on the crypto strategy selected from the range of available strategies. These techniques are designed by experienced quantitative traders who have spent over 15 years working at some top financial organizations. 

Paratica

Paratica is situated in Istanbul, Turkey, and was founded in 2018. The platform has over 5200 users, with a monthly trading volume of over $21 million and over 3 million orders. On its website, it advertises itself as the world’s most sophisticated bitcoin auto-trading solution.

However, before they can even add API credentials to Paratica, users must first enable 2FA. Furthermore, the API credentials have minimal rights, which eliminates the possibility of any withdrawals. 

A trusted platform is necessary for every investor, as it allows users to invest without limitations and choose the best investments. Therefore, we consider the NapBots and

Paratica vs NapBots: Conclusion

According to this review, while no trading bot is perfect for everyone, NapBots is the best automated trading platform for crypto traders. Napbots provides an easy-to-invest platform for traders of all levels, with a great user experience and a safe platform. 

The NapBots crypto trading program is unique in that it includes:

  1. A one-of-a-kind trading algorithm that analyzes market data on your behalf. 
  2. A one-of-a-kind crypto trading bot library that allows you to mix and match trading methods. 
  3. Autopilot mode allows you to trade 24 hours a day, seven days a week. 
  4. An easy-to-use interface that allows you to mimic NapBots’ proven techniques for making profitable trades.

Napbots is, without a doubt, the most powerful automatic trading platform available.

Frequently Asked Questions

Is Paratica safe?

Yes, Paratica is safe to use. When you run your bots on Paratica, all of your assets remain in your own account. Further, you connect your Paratica account with the special connection information you generate from your exchange account and make authorization edits in this link. Besides, your Paratica bot will not be authorized to withdraw your assets.

Which exchanges do Paratica work with?

Currently, Paratica services are active on the Binance exchange. Integration processes continue on Huobi, OKEx and Chiliz exchanges.

Is NapBots safe?

Yes, NapBots is safe and secure. The team does everything possible to protect your account and your personal information. They conduct regular security audits of the NapBots website and make every effort to provide you with the most secure crypto trading experience. 
In addition, NapBots only works with Exchanges that have a strong reputation for maintaining high security standards, but we can’t make any guarantees about this.

Prabhat Tiwari
Prabhat Tiwari

I am someone who loves swimming in the ocean of DeFi and believes the disruptive technology, i.e., Bitcoin will change a lot of things and not just our financial system.

Newsletter

Crypto News, NFTs and Market Updates

Can’t find what you’re looking for? Type below and hit enter!