CryptoCrypto Bots

HaasOnline Crypto Bot Review: Can You Make Money With It?

3 Mins read
6.4

HaasOnline is a crypto trading platform offering trading bots that allow you to automate a proven trading strategy. It promises complete privacy, quick deployment, and zero volume constraints. Additionally, it lets you conduct trades without any added commissions.

HaasOnline: first impression

This system has a powerful backtesting engine where you can test your strategies with high-quality historical data. This way, you can determine how trading algorithms respond to real-time market shifts. To accurately gauge the effectiveness of the strategy, you can use various price closing methods.

If you are not that familiar with automated strategies, you can use one of the readymade strategies. All you need to do to implement them is to modify the settings. For generating scripts without coding knowledge, you can use the drag-and-drop visual designer. 

What’s HaasOnline?

This system lets you develop, test, and deploy high-frequency trading bots across numerous top exchanges in no time. According to the vendor, this platform lets you save a lot of time by letting you automate your manual trading activities. 

Using HaasOnline

It connects to your exchange account and places orders in your stead. You can create your own bots using different trading schemes and install numerous extensions for them. It is also possible to keep a close eye on the crypto market and monitor your portfolio to make better trading choices. The platform also has risk management functionalities that let you deal with volatility and different market scenarios.

How to install HaasOnline software?

The first step is to purchase a license. Once the setup process is completed, you can build your first trade bot. You will need to enter details like bot name, exchange, currency pair, etc. Additionally, you can add the bot to a group, specify the leverage, select an account, and select the market it should run on. Advanced settings include hidden orders, fee percentage, limit order type, order timeout, template timeout, and high-speed trading. 

What doesHaasOnline have to offer?

All the key features have been clearly outlined on the website. Further details can be found in the documentation section. The developer has included detailed setup instructions as well as a detailed explanation for each trading bot and strategy. Overall, the website is quite easy to navigate through.

Trading strategies offered by HaasOnline

There are various strategies available on this platform for different types of individuals. You can use the accumulation strategy to increase or decrease your positions in certain scenarios. There are scalping bots that let you implement high-frequency strategies and market makers that allow you to add liquidity. 

The vendor has not shared the trading results for this platform. It is difficult to determine the profitability since there are a lot of factors at play. It depends on the chosen strategy as well as the market sentiment.

How HaasOnline pricing works

There are three yearly plans for this platform, namely Beginner, Simple, and Advanced. The yearly fees for the plans are 0.009 BTC, 0.016 BTC, and 0.026 BTC, respectively. None of the plans are cheap by any standards.

Fees & commissions

There areno hidden fees or commissions.

Available exchanges

The exchanges supported by this platform are Binance, Binance Futures, Binance US, Bitfinex, BitMEX, Bitpanda Pro, Bistamp, Bittrex, ByBit, Cex.io, Coinbase Pro, Deribit, FTX, Gemini, HitBTC, Huobi, Ionomy, Kraken, Kraken Futures, KuCoin, Okcoin, OKX, and Poloniex.

HaasOnline company overview

The key team members include CEO Stephan de Haas, CTO Quintus de Haas, Chief of System Operations Josh Becker, R&D lead Rustim Rhoda, CMO Jeff Vernon, and Chief Communications Officer Raynaldo Rivera.

HaasOnline time in business

This platform was launched in 2014 with the goal of democratizing high-frequency trading on digital asset platforms by leveraging API integration. It has thriving communities on Discord, Facebook, Twitter, and YouTube. 

Customer support and user experience

The official website has a ticketing system where you can explain your problem in detail and even attach screenshots. You can also review the FAQ section and check out the documentation to find the solution to your problem.

Security, safety, and privacy 

HTS runs a local server to broadcast a web interface and its own API. Thus, for running the local web server, administrator access is needed. You can also enable 2-factor authentication to prevent others from accessing your account.

Is HaasOnline for all traders?

Yes, the system is a goo choice for both experienced traders and novices.

HaasOnline Crypto Bot

6.4
Although this trading platform does not come for cheap, it has all the features a dedicated crypto trader might need. It lets you create complex algorithms using a scripting language with more than 600 commands. Beginners might face some issues with the platform though, because of its advanced features and expensive plans.
8.0

Core Features

7.0

Supported Exchanges

6.0

Fees and Commissions

6.0

Brand Reputation

5.0

Price

Pros

  • +Cloud-based platform
  • +Advanced scripting language
  • +Simulated trading

Cons

  • -Expensive pricing plans
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