With the evolving market scenarios and rapidly changing market conditions, it has become a necessity for professional traders to have accounts with multiple cryptocurrency exchanges to tap the maximum opportunities.
But, splitting the investments across different exchange platforms can give you a hard time managing your investments and lead to losses if not properly.
In this blog, we will review a crypto terminal, which allows you to merge your investments across different exchanges, track performances, execute trades, build strategies, backtest, all in a single platform.
The CryptX Terminal is a one-stop solution for managing all your requirements related to cryptocurrency trading. Let’s have a close look at the platform.
Overview: CryptX Terminal Review
CryptX is a blockchain and FinTech services company based in Tbilisi, Georgia, and is well known for its products like CryptX Wallet, a multi-currency wallet, and Cryptal Exchange. It also offers various allied services related to the development of the crypto market.
The development of CryptX Terminal was started in 2018 and was launched in February 2021. In the year 2020, the team was awarded a grant from Georgian Innovation & Technology Agency to support the platform’s development.
CryptX Terminal supports API links to 10 different crypto exchanges and allows seven different kinds of bots to be configured for automated trading.
Currently, CryptX Terminal supports API links of 10 leading global cryptocurrency exchanges and lets you make trades, manage orders & holdings, track the market through your own CryptX Terminal account. The supported exchanges include:
- Coinbase Pro,
- Bitfinex, and
CryptX Terminal Features
The CryptX Terminal has a very sleek UI/UX that lets you get started with the process of connecting exchanges and placing trades at no time. Some of the hardcore features of the terminal include:
Pre-programmed Trading Bots: The terminal offers two categories of bots, one is used for portfolio management strategy, and the other is for creating trading strategies.
In portfolio management strategy, you can use Accumulator and Multi Order Accumulator for managing the chore of buying and selling cryptos.
Whereas CryptX Terminal offers seven different kinds of bots under trading strategies, including Arbitrage, Bollinger Band, Combo, Moving Average Conversion/Divergence, Order Chain, Relative Strength Index.
You can combine and backtest various strategies to find the most effective trading strategy for yourself.
Analytics Report and KPIs: You can analyze your past performance and export built-in trading reports to share among your trading groups.
The terminal helps you build a customizable report, which helps to analyze and compare various trading strategies against set goals and make future projections accordingly.
All-in-one view of the Market: You can get the view of the market and all the information at your fingertip, without the need to switch different exchanges. It enables fast price discovery and execute trades across multiple exchanges and tracks portfolio performance in a compact and clear format.
The CryptX Terminal has three pricing plans for its users, and one can choose based on trading preference and requirements. The pricing plan includes:
- Starter Plan (Free): Suitable for intermediate-level traders and beginners, you can access one account and connect up to two exchanges.
Within the plan, you can trade a maximum of up to $10,000 monthly, have one active bot, one backtest per day, monthly period KPI reporting, and access to standard support.
- Advanced Plan ($37 per month): Suitable for advanced or professional traders, you can have unlimited accounts and can connect up to 10+ exchanges.
Within the plan, your maximum monthly trading limit will be $1,000,000, have ten active bots, 100 backtests per day, annual period KPI reporting, and access to standard support.
- Professional Plan ($74 per month): Suitable for professional traders who like to trade in huge volume. The professional plan allows you to have an unlimited account and connect up to 10+ exchanges.
There is no limitation on the quantum of monthly trading volume within the plan; it can have unlimited bots to execute trades, 1000 backtests per day, lifetime KPI reporting, and access to dedicated VIP support.
Under both advanced and professional plans, the first month is free for all users.
How to Register at CryptX Terminal
The registration process at CryptX Terminal is easy and can be completed within minutes.
You need to register at CryptX Terminal with your email ID and verify your email ID to complete the sign-up process. No KYC documents are required to access the features of the terminal.
On successful registration, sign in to your account and go to the Account section and click on add account to connect to the exchange by providing Passphrase, Public Key, and Private Key of your exchange account.
Once added, you can visit the Dashboard section of the terminal, where you will get an overview of your portfolio performance, trade history, past transactions, portfolio allocation (by exchanges), and your active bots.
Multiple bots are listed under the Bot section, which you can select as per your trading preferences.
CryptX Terminal is a non-custodial platform, meaning the platform doesn’t store your digital assets with itself. Other security features of the platform include:
- Architectural Security: It includes security features like two-factor authentication (2FA) to protect your asset and reduces the chances of fraud and misuse of the account.
- Infrastructure Security: The terminal’s web server and application are hosted on Amazon Web Services (AWS) that ensures maximum security of the platform.
- Organizational Security: The CryptX Terminal has achieved ISO/IEC 27001, which meets the highest standards of information security and policies to prevent fraudulent activities.
For support or to resolve any issues you’re facing with the terminal, you can raise a support ticket using your email id, which the CryptX Terminal executives will address. Alternatively, you can reach them on their social media accounts on Facebook, Linkedin, and Twitter.
They also have an extensive knowledge base that includes general information about the platform, connecting to exchange, and automating with the bots.
Conclusion: Should you sign-up with CryptX Terminal?
CryptX Terminal is built for serious traders who want to enhance their quality of trades and increase the profitability rate without getting involved in the complexities of managing different exchange accounts.
Through CryptX Terminal, you can simplify your trading operations and easily automate your trading journey.
It offers a clean and user-friendly trading interface, which is easy to understand and can even be operated by a beginner knowing about trading using technical indicators.
One of the biggest advantages of using CryptX Terminal is that it is more affordable than other platforms offering similar services. Trading cryptocurrencies is risky, but CryptX Terminal helps minimize those risks and level up your trading game in cryptocurrencies.