In the field of digital currency investment, trading bots have gradually become an important tool for investors. They help investors reduce risk and increase returns through efficient automated trading strategies. With the rapid development of AI technology, trading bots are now infiltrated by AI. Just last month, ATPBot was dubbed the ChatGTP of the investment community by thousands of media. So how does ATPBot perform, today we will come to a detailed evaluation. For the horizontal comparison of the evaluation, we choose 3Commas and Pionex, the two platforms with the most users of traditional trading bots. For the dimensions of evaluation, we choose 6 aspects that users are most concerned about for detailed comparison.
1. Functions and Features
3Commas supports 5 commonly used trading strategies such as DCA and grid, and 5 semi-automatic intelligent trading tools. Users can manually set up bots or strategy markets to buy bots and trading signals from other traders. Strategy 3Commas does not support backtesting. If users need to backtest their own parameters, they need to use third-party tools to achieve it.
Pionex supports 16 trading strategies such as DCA, Grid, and Martingale. Users need to choose a strategy and set bot parameters before investing. The number of parameters is less than that of 3Commas. Pionex also does not support data backtesting.
ATPBot does not have a fixed trading strategy in the traditional sense. Each of its strategies is composed of multiple strategy modules. For example, DCA belongs to a strategy module here, and then AI assembles the strategy modules into a strategy template. After a large number of data strategies, templates and parameters with excellent data will be assembled into a finished strategy, and then pushed to users. According to different user levels, 3-18 strategies will be pushed every week. Users can intuitively view all the data of the strategies, and then invest according to their own investment preferences. After using it for a month, I feel that this experience is very interesting and makes people feel safe.
ATPBot has a feature that I like very much. Each of its strategies is unique and will only be pushed to one user. Problems that cause slippage. I was very impressed with this problem when I used 3Commas. I started to subscribe to a good signal, and the income was good in the first two months, but as more and more users subscribed to that signal, I gradually stopped making much money. Because users within the same platform have become competitive.
ATPBot is excellent in backtesting. 3Commas and Pionex do not support backtesting. Every bot of ATPBot has been backtested and achieved good results before it is provided to users, and all the data are displayed to users, such as the profit during the backtesting period. Rate, number of transactions, winning rate, Sharpe ratio, maximum retracement rate, and even the opening and closing positions of each order can be found on the chart. Compared with the other two platforms, ATPBot does this well enough. It is very good for users to choose a bot to know whether this bot has achieved good results in the past.
Below I rate the functions and features:
3Commas: ⭐⭐⭐⭐ Pionex: ⭐⭐⭐⭐ ATPBot: ⭐⭐⭐⭐⭐
2. Ease of use
The use of 3Commas can be divided into two types: one is manual investors, which requires setting a large number of parameters, and requires a high understanding of strategies and trading systems. Taking DCA bots as an example, 30 are needed to create them yourself. The above parameters are difficult for ordinary users. Another type of copy trading investors, choose a bot with good data from the market, and copy it to use it. This is much less difficult for ordinary users, and they can get started quickly.
Pionex’s bot setup is much less than that of 3Commas. Ordinary investors can master the basic skills by themselves through a small amount of learning and a short-term trial with a small amount of money. In addition to trading bots, Pionex also provides a variety of financial services, allowing users to obtain a little extra income more conveniently when the market is down.
The use of ATPBot is simpler. Users only need to choose a strategy, then fill in the amount to invest and start running. Choosing a strategy is also much easier than using 3Commas to choose from the strategy market. Taking Advance members as an example, they will push 6 strategies to AI every week. All I need to do is to pick out my favorite from these 6 every week. Now, same thing, when using 3Commas you need to choose from hundreds of bots. I have to thank the advancement of AI technology for saving too much time for human beings.
Here’s how I rate ease of use:
3Commas: ⭐⭐⭐ Pionex: ⭐⭐⭐⭐ ATPBot: ⭐⭐⭐⭐⭐
3. Earnings
The expected annualized rate of return for 3Commas is 96.96%. The data is randomly selected from 100 bots from the market, and then the average value is calculated.
Pionex’s expected annualized rate of return is 113.95%. The data is the average calculated from the data provided by 79 investors. However, limited by the difference in parameter settings, the annualized rate of return on investment by ordinary users may be much lower than this value.
ATPBot’s expected average annualized rate of return is 197.46%. The data is the statistical data provided by the official. The rate of return of the strategy is different for different membership levels. Here, the data of the lowest level strategy is selected. The rate of return of higher level strategies are: 238.66%, 345.29%, 483.28%. It is recommended to pay attention to the backtest period of the strategy when choosing a strategy. In the case of ensuring the rate of return, try to choose a strategy with a backtest period of more than 12 months. In this case, the final actual return of the strategy will be closer to the expected return. .
Here’s how I rate ease of use:
3Commas: ⭐⭐⭐ Pionex: ⭐⭐⭐⭐ ATPBot: ⭐⭐⭐⭐⭐
4. Fees
3Commas membership costs $20-$99/month, and you can get a 50% discount if you choose to pay annually.
All Pionex bots can be used for free, and only the transaction fee needs to be paid.
ATPBot’s membership fee is $83-$2,500/month, and only supports annual payment.
Here’s how I rate the cost:
3Commas: ⭐⭐⭐⭐ Pionex: ⭐⭐⭐⭐⭐ ATPBot: ⭐⭐⭐
5. Customer Support and Community
3Commas has the most complete customer support. He has pre-made document explanations and video explanations for almost every problem that users may encounter during use. The community also supports a multilingual environment, which is convenient for users in different regions to communicate in their native language.
Pionex’s customer support is also very good, and documentation and video tutorials are also provided, but the number is still a bit short compared to 3Commas. Communities also support multiple languages.
ATPBot’s customer support is relatively average, with only some basic documents and videos. After all, the time to market is limited, and there is no way to reach the height of the other two products in a short time. The community is only in English, but the community service is very good. Official analysts provide 1v1 strategy customization for free, saving users a little bit of trouble in researching strategies by themselves.
Below is what my customer support and community use for ratings:
3Commas: ⭐⭐⭐⭐⭐ Pionex: ⭐⭐⭐⭐ ATPBot: ⭐⭐⭐
6. Security
3Commas had an API Key leak in December last year, resulting in the loss of many users’ funds. Although the vulnerability has been resolved, it is still unavoidable to make people worry about security issues.
Pionex requires users to transfer their cryptocurrencies to their own accounts, and the security of funds is a problem. Thinking about the collapse of FTX is still a bit worrying. In addition, Poinex is also gradually developing in the direction of an exchange, which may lead to its purpose of being a bot no longer to help users make money, but to allow users to trade more frequently, provide higher liquidity, and earn more handling fees.
ATPBot is not easy to evaluate because of its short time on the market. But there is one thing that I think is very good. When I added the Binance API Key, ATPBot refused to connect to my account because the API Key has the authority to transfer funds. I asked the customer service to know that ATPBot has a security setting. The user The API Key provided will be rejected if it has any permissions other than transactions. This should be a lesson learned from the 3Commas leak.
Here is my rating for security:
3Commas: ⭐⭐⭐ Pionex: ⭐⭐⭐⭐ ATPBot: ⭐⭐⭐⭐
7.Summarize
3Commas is a tool that requires you to do a lot of things yourself. It is suitable for senior investors with rich trading experience. Although there is a market where you can copy strategies from others, it is not easy to choose a suitable strategy. If you want to increase your income, you still need to subscribe to third-party signals. Good quality signals require you to pay an additional monthly fee of tens to hundreds of dollars, but this will lose the cost performance.
Pionex is more like an exchange, but it provides additional automatic trading tools. If your investment goal is to hold encrypted assets at a lower price, it will be a good choice, and you can do so without paying any additional fees. There are many mature bots at your disposal, which will go a long way toward lowering your average cost of ownership.
ATPBot does have its own unique features, and the overall experience is also very good, it is more like an asset management platform. In today’s ever-changing digital currency market, we need a powerful tool to guide us. ATPBot is such a revolutionary trading tool that provides reliable support for our investment decisions. If you are looking for a smart, efficient and reliable trading assistant, ATPBot is undoubtedly a choice worth trying. By using ATPBot, you will be able to implement more effective investment strategies and achieve the goal of wealth appreciation. The only downside is the relatively high membership fee, which may be too expensive for small investors. But if your investment is between $5,000-$300,000, no matter what type of investor you are, you should choose it first.
In general, the three platforms have their own characteristics. Investors should clarify their investment epectations before making a choice, and then they should be able to easily choose the trading bot that suits them best.
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