If you are looking for a hassle-free and insanely profitable way to make money online, then Coin Kong Trader could be your best bet.
Hundreds of people have reviewed it as easy to use and highly profitable. Coin Kong Trader was launched in November 2020 and is among the best rated automated trading systems in 2021. Most experts claim that it’s revolutionizing the way people invest in crypto.
Coin Kong Trader has a supposed daily profitability rate of up to 60%. It is said to perform consistently during high market volatility. Most people find it affordable since the minimum trading balance required to use it is USD250.
But is Coin Kong Trader legit? This is the question that most of our readers are asking. As usual, we have conducted legitimacy tests on this platform. You will find the answers to all pertinent questions in this review.
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Coin Kong Trader Review Summary
We have put Coin Kong Trader under the microscope and found enough data to prove that it’s trustworthy.
This trading system was launched less than six months ago and is already an online sensation. Thousands of users have rated it highly on TrustPilot, among other platforms. Coin Kong Trader has a user base of nearly 100,000 and claims to receive at least 1000 registration requests daily.
However, only less than 10% of the daily registration requests are accepted. You should therefore count yourself very lucky if you can register on the first attempt. It’s reportedly possible to grow a deposit of USD250 to a fortune through this bot.
Coin Kong Trader has a supposed daily return rate of up to 60%. This makes it possible to compound the minimum investment to a million dollars in less than a year of trading. However, there is no guarantee of profitability.
You could end up losing money, especially if you do not set the risk control tools as instructed. Coin Kong Trader provides a video tutorial explaining all the settings and the trading process.
The GDPR is meant to protect EU citizens, but it’s highly revered across the globe. Coin Kong Trader is among the very few firms that have attained this badge.
All trading carries risk
What is Coin Kong Trader?
Coin Kong Trader is a platform that offers automated trading as a service. You only need to register and deposit at least USD250 to participate in trading.
Coin Kong Trader utilizes AI-powered algorithms to automatically implement highly profitable trading strategies. This bot trades crypto volatility rather than price gains. This means that it could generate a profit even when the prices are falling.
The technique applied to generate profits during plummeting prices is known as short-selling. Coin Kong Trader also applies other HFT techniques, including news trading, price trend analysis, and arbitrage trading.
Please note that you don’t need any technical know-how to trade with this bot. This is because it runs on autopilot. The explanation of the trading strategies applied by this bot is therefore for informational purposes only.
Short selling strategy
Coin Kong Trader uses the short-selling technique to make money out of falling prices. According to Investopedia, short-selling involves borrowing a security and selling it on the open market, with a plan to buy it later for a lower price.
For instance, if Coin Kong detects that bitcoin will plummet in price, it borrows it from an exchange and sells it in the open markets. It then buys it when the prices fall, returns it to the exchange, and pockets the difference.
Coin Kong Trader can reportedly place up to 100 short-selling trades per minute. The bot speculates on over 150 crypto/crypto and crypto/fiat pairs.
News trading strategy
This trading approach is also quite popular in crypto trading. Crypto volatility is 90% influenced by news and celebrity sentiments.
One of the celebrities driving bitcoin volatility in 2021 is Elon Musk. His tweets are known to trigger huge price swings. Bitcoin has gained or lost thousands of dollars within hours following some of his tweets.
Coin Kong Trader follows Elon musk to identify and capitalize on volatility-driving sentiments. This trading bot is also equipped with Natural Language Processing (NLP) algorithms to scan the web for market-driving news.
A good example of market driving news is Tesla announcing that it will be accepting BTC for car payments. BTC gained by over 200% following this announcement before plummeting by over 90% when the decision was reversed.
Coin Kong Trader users were able to ride the volatility resulting from these announcements profitably.
All trading carries risk
Price Trend Analysis
This technique is also highly lucrative and mostly applied in traditional asset trading. Coin Kong Trader is among the first to apply it in automated crypto trading.
Price Trend Analysis involves studying historical price charts to identify price patterns that are likely to repeat. These price patterns are then translated into trades. Coin Kong Trader can analyze hundreds of price charts simultaneously to identify highly profitable trades.
It is said to implement this trading strategy at a 90% accuracy level. This is amazing, given that very few trading bots can attain such a level of accuracy.
Arbitrage Trading Technique
This technique is also popular among institutional traders. Coin Kong Trader is among the very trading bots that implement it for crypto trading.
Arbitrage trading involves taking advantage of price discrepancies on different exchanges. Asset prices tend to have small price differences on different exchanges. Coin Kong Trader follows up to 30 crypto exchanges simultaneously to identify arbitrage trading opportunities.
The bot can reportedly place up to 50 arbitrage trades per minute. At least 90% of the arbitrage trades generated by this bot are said to make money.
How to trade with Coin Kong Trader
You will find Coin Kong Trader quite easy to use. As mentioned severally in this review, you don’t need any expertise to run this bot.
It mostly runs on autopilot. The only thing you need to do is to set the risk control tools to suit your trading appetite. You will find a guide explaining the settings on the trading resources page. The guide is easy to follow, and there is a demo to help you test what you learn.
Only continue to the live account after mastering all the settings. Set Coin Kong Trader as per the instructions and go live. You need to run this bot for 8hrs continuously to get the most out of it. Do not ignore the risks present in crypto trading. Invest wisely!
Coin Kong Trader Review: The Verdict!
We are amazed by the measures put in place by Coin Kong Trader to ensure a transparent and safe trading environment. Only a legit and highly reputable trading platform can implement such measures.
Coin Kong Trader is a blockchain-based automated trading system. This makes all transactions on it transparent. Moreover, the technology makes it impossible to change, hack, or cheat the system. Consequently, all users have full assurance of fair play.
Coin Kong Trader is only six months old but has managed to build a great reputation. Hundreds of clients review it, and the feedback is awesome. Nearly all the reviewers report generating amazing profits.
This trading bot has also attracted expert reviews on some of the world most reputable platforms.
All trading carries risk
Is Coin Kong Trader regulated?
Coin Kong Trader is a trading tool that operates under-regulated brokers. It must therefore operate in line with the partner brokers regulatory guidelines.
How do I download the Coin Kong Trader app?
The Coin Kong Trader app download link is available on the trading resources page. It’s a hybrid app and therefore not available on Play Store and App Store.
How much can I make with Coin Kong Trader?
Coin Kong Trader is a high-performance trading bot with a daily return on investment of up to 60%. You could grow a deposit of as little as USD250 to a fortune by compounding the profits.
Is Coin Kong Trader a scam?
No! Coin Kong Trader is a transparent and safe automated trading system. This platform is popular with users with the most reporting profitability.
How much do I pay to use Coin Kong Trader?
Coin Kong Trader doesn’t charge any license fees. You will only pay a 2% commission on every profitable trade. You don’t pay anything until you are profitable.
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