Table of Contents
Veles is a trading bot platform that allows users to save their time. You can set up automated trading on all popular exchanges such as Binance, Bybit, OKX, Gate.io, HTX, KuCoin, etc.
There are no mandatory monthly fees on the platform. Instead, users pay only 20% commission from profitable trades, but not more than $50 per month.
Trading on the spot and futures markets is available on the platform. Users have a wide range of trading pairs, which appear on the platform simultaneously with the listing on the exchange.
The platform provides a diverse set of tools and settings that allow traders to manage their trades efficiently.
Users can track the performance of their trades on historical data. Backtests are designed to help traders analyze their strategies in different market conditions and determine their potential profitability.
Risk Management
Risk can be controlled by using a trailing-stop, which allows you to protect your position by placing a dynamic order that is held at a certain percentage distance from the last price.
Multi-takes are available on the platform, which allow you to unload a position in parts. They are used to make profits with a step by step closing of the position.
In the case of multi-takes, the user can set up a stop-loss at breakeven, which will be activated when the first take profit is executed, to protect the position from potential losses in case of a reverse price movement. There are two options for stop-loss to breakeven: stop loss at zero or at the price of the last take profit.
Operating speed
Order execution speed is critical to successful trading. That’s why the Veles team has integrated a technology infrastructure that ensures instant trade execution..
Platform Test
Each user is given the opportunity to complete a couple of simple tests, for successful completion of which they will receive up to $5 to their account on the platform. These funds can be use
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Author: Crypto Daily
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