Gunbot is an automated trading bot that uses cryptocurrencies. This bot system was developed by Gunthar De Niro, and it went live in December 2016. The location of the base of operation of Gunbot was not specified on their website.
If you are planning to use Gunbot in your next crypto trading, you have to take two steps. These are:
- Download the Gunbot software on your computer
- Configure your coins
For the first step, remember that Gunbot only works on a PC that runs on a Mac, VPS, or Linux operating system. Follow the bot configuration that comes with the program and use the API key. Once it is up, you can start setting up your trading options.
For the second step of configuring your coins, it means configuring your bot as you want it or based on your budget. At Gunbot, you can trade your BTC with any pairs,, such as ARK, LSK, and BAT.
As its name indicates, Gunbot.com uses Gunbot as its trading system. Aside from Gunbot, it also employs other tools and programs to make the trading better. As a customer, you can choose which tool to use. According to their website, they have more than 32 trading strategies available. Among these strategies they use are:
- Bollinger bands
- EMA’s lines
- BB’s
- Trend Watcher
- Candlesticks
- TSSL
- Ping Pong
- Ichimoku
Gunbot welcomes all users around the world. They have different plans to offer to their customer, especially the newbies. Be aware of a certain VAT and customs fees for non-EU customers. For the packages, Gunbot offers:
- 0.1฿ Gunbot V10 – Standard Edition
- 0.2฿ Gunbot V10 – Pro Edition
- 0.3฿ Gunbot V10 – Ultimate Edition
- 0.04฿ Gunbot Starter Edition
- 0.015฿ Cyrptosight
- 0.025฿ Backtesting
For each plan, some specific inclusions can be found, such as access to the different trading strategies, number of exchanges available, backtesting, free support, and trading insights.
The Gunbot website is available in 10 languages, es, such as English, Spanish, French, Russian, and Koreann, among others. To choose your preferred language, click on the upper right-hand side of your Gunbot homepage.
To contact the support team of Gunbot, you can send a message through Telegram at telegram.me/coinrebels. This option is at the bottom of their page. It is like a chat program but on a different platform. We tried using it but it looks like you need to have your own ‘telegram account’ too before you can exchange messages with Gunbot.
How Does Gunbot Work
In order to use Gunbot, you have to download the Gunbot software on your computer first. Upon download, choose the plan that you want to use. Before downloading and setting up their software, make sure that your computer has the following requirements:
- Windows 10 or higher version
- Mac or Linux
- At least 4 GB RAM
- At least 4 Core
This is to ensure that your software will run smoothly once you start trading or making your pairings. Although Gunbot is running on cryptocurrency, remember that this works like a regular stock market trading. You will do some buying and selling of your BTC and hope that, in time, what you purchase will have a higher price in the future.
Before purchasing a Gunbot plan, know that it will not make predictions for you, and it won’t give you suggestions on which coin to pair with your Bitcoin. It is basically a software that will give you programs and tools that you can use so you can trade in the cryptocurrency world. This means that aside from having crypto coins, the software and basic knowledge about setting up Gunbot, you should also have basic computer skills and the logic of market trading.
Gunbot Features and Services
A glance at the homepage of Gunbot will show you the features and services they offer. They provide:
- Licenses that they claim last a lifetime
- They provide 32 trading strategies that you can use
- Free support
- They have more than 6000 active traders to make the trading market more challenging
In addition, they trade on different trading platforms such as Binance, Poloniex, Cyptopia, Bitfinex, GDAX, CEX, IO, and Kraken.
For someone adept at using the trading system, earnings of 1-3% daily are possible with Gunbot, according to their claim. This means having a return on investment of up to 30% every month, provided that the cryptocurrency market doesn’t crash on any of the said 30 days. Remember that this is for people who know what they are doing. If you use Gunbot without any knowledge, chances are you will lose some coins along the way.
The withdrawal option is not visible for people without a Gunbot account, yet according to some third-party review websites, you can find it once you are logged in to your account.
Gunbot Cost
Gunbot has at least six plans to ofofferrr but their most popular ones are the first three. They offer
- 0.1 BTC Gunbot V10 – Standard Edition
- 0.2 BTC Gunbot V10 – Pro Edition
- 0.3 BTC Gunbot V10 – Ultimate Edition
The Standard Edition comes with one chosen market, a lifetime license, and the capability to run in unlimited pairs. The Pro Edition comes with everything except it can have two markets, while the UltimatEEdition comeswith three markets (and the same with the other features).
To pay for your plan, you can use Bitcoin, Litecoin, or EEthereumm among other types of altcoins.
In a forum, a user asked if anyone has used Gunbot, and bencoinix said hedid beforeo switching to manual trading. He said he liked the interface of Gunbot and is easy to use. He added that it can help you not to lose your coin in trading. His warning is simple: Gunbot can help you trade, but it won’t do the job for you.
Nekko also shared his experience with Gunbot, saying that it does the work for him and works as promised.
We also find a third-party review website for Gunbot.co,,m and the overall review of the website is good at 4.0 out of 5.0.
One customer gave it a 4-star rating,, saying that the interface was fixed by the V10 he ordered, yet he wanted the GUI to look better. He also suggested thee addition of STOCH RSI as an indicator when trading.
Another customer also gave Gunbot a rating of 5 despite the annoying installation of the program. He said he gave it a five because of the good support he received from the support team.
Jonathan also gave Gunbot a rating of, 5 calling the trading tool great. He also praised the support team of this website.
Unfortunately, one user is not happy with his Gunbot purch,,ase as Richard seems to be unable to use his Gunbot. Whether he doesn’t know how to install or use it was not explained. In an effort to assist Richard, Gunbot replied to his comment asking for the issue and asked him to contact through thru email at support@aqwesome-gunbot.com.
The mixed reviews of Gunbot revealthat this trading program works for those who know how to use it a,butit doesn’t for people who are not into cryptocurrency trading. Even the negative reviews imply that the problem was with the users.
Conclusion
Gunbot is an automatic trading system that uses cryptocurrencies in different trading platforms such as Cryptopia, Bittrex, Poloniex, and Kraken. A software developed by Gunthar, Gunbo,t can be downloaded and funded by purchasing plans such athe s 0.1 BTC plan up to the .3 BTC plan. Gunbot is a combination of its developer’s name (Gunthar) and the robot trading (bot).
Gunbot has specific features. Among the features offered by this bot machine are a one-time payment for a lifetime license, the ability to work on major trading platforms, compatibility with different computer systems like Windows, Linux, and Mac, a support system, and different trading methods offered, such as Bollinger Band, Gain, and Step Gain. According tothe Gunbot website, they have 32 trading options to offer.
Based on the information we gathered about Gunbot, this trading system is not a scam. The trading software they have is legit,, and it works for those whknowew how to use it, but it doesn’t work for newbies who want the big earnings offered by cryptocurrency trading. The only downside of using Gunbot—and this is based on the customer reviews we found—is that it won’t do the work for you, it will not give predictions, and it will not make your crypto coins multiply on its own – you need to operate i,t anunderstandingnd how to operate it is a must.
The thing is,, Gunbot shouldn’t be used by newbies. If you are planning to use Gunbot, make sure to learn the ins and outs of this trading fir,st or of the cryptocurrency business in general. Once you understand how the trade works, Gunbot can help you maximize it and multiply your coins in time.
