Novum Group, a Singapore-based blockchain advisory and investment firm, launched CryptoHero, a free cryptocurrency trading bot that is simple and intuitive for crypto beginners to setup and run.
“The 24/7 opening hours of the crypto market has necessitated the use of trading automation for investors that are involved in trading cryptocurrencies. Understanding this, we created CryptoHero to help investors automate trades right from their phone. Run it, manage it, anytime, anywhere” – said Irwin Chee, cofounder of CryptoHero.
“We are excited with the launch of CryptoHero. CryptoHero will give many of us who are time-starved to trade the cryptomarkets via automated trading bots.” – Christopher Low, chairman of Novum Group added.
Using familiar or popular technical indicators such as Bollinger Band or Relative Strength Index, CryptoHero will be constantly adding to the available technical indicators. Besides, CryptoHero portfolio allows you to access trade history, individual performances, profit and losses from a top level overview to a granular level of each bot or trade. Select trading pairs, direction, technical indicators to enter or exit and risk management settings in the bot to trade on a connected exchange such as Binance, Huobi or OKex.
For beginners, paper trade functions allow you to test bot trading using real-time data without risking actual cryptocurrencies. You’re able to backtest your strategies to get historical performances with key metrics and indicators that can help forecast future performance or shape expectations.
CryptoHero is cloud-based and runs 24/7 to execute trades timely through connected exchanges and notify you whenever a trade is completed.
A free account on CryptoHero allows you to use up to 3 bots with access to all indicators. Premium plans for more bots and features are available at $9.99 per month. New users will get 1 month of premium free when they first sign up without a credit card until December 2020.