You will learn all these in this review of Stacked platform.
But before that,
If this is the first time you are here at CoinSutra, you should know that we are always in lookout for interesting tools and strategies that would help us maximize our crypto investment and trading alike.
In the past, we have introduced you to cutting edge tools like 3Commas, Koinly, Tradingview, crypto trading bots to name a few.
Recently I bumped into Stacked Invest which is a platform that offers crypto trading bot, Index fund investing, and it is worth knowing. The philosophy of Stacked is to take the headache out of crypto investing and trading.
Check out Stacked Invest
So, without further delay let’s learn more about Stacked platform.
What is Stacked Invest?
Stacked invest is a platform to find algo trading bots and offers index investing in cryptocurrencies. In simple words, Stacked lets you invest in crypto indices, access Crypto trading bots, and automate portfolio management.
It offers three features currently:
Trading bots (Paid)
Invest in crypto via Indexes (Free)
Portfolio manager
Lets explore both of them one at a time.
But before that, currently Stacked investment supports following exchanges (Some of them will be integrated in coming weeks)
Bybit
FTX
Binance
Bitmex
CoinBase
Okex
1. Stacked Trading bots:
Crypto Trading bots are strategies built by successful traders that allow you to automate trading on a supported exchange like:
Bybit
Binance
FTX
and more.
Bot authors have created strategies and set their own subscription price ($99-$250), and Stacked makes it easy for you to connect the strategy to your account and automate your trades.
To explore the Bots marketplace, create a free account on Stacked and click on marketplace:
Here, you will see all available bot types, along with bot type (Scalp, Trend, Swing), and PnL. Change the performance period to see the last month or quarter performance.
CLick on any bot to read more about it, and also see the historical trend of the bot. For example, here is the last few trade report of “Bedrock Trend Bot“
Every bot has in-built risk management, and when you connect your Stacked account with any supported exchange, you should be able to manually configure your own risk management parameters such as “Stop-loss”.
When I was testing Stacked, I connected it with my ByBit exchange account (Get $90 as a signup bonus on Bybit exchange) and configured my own parameters for risk-management. However, it was not the best idea, and best to work with the default recommended settings suggested by the bot owner.
You also have a choice to change your parameters to default anytime. (Check top right in the above screenshot)
Now, once you have subscribed to any bot and configured the settings, now it is time to wait for bot to take a position. You can configure the bot to give you a signal or at times automate the trading for you.
I will share more data on my experience of using this bot in the coming days. For now, lets move to the other features of Stacked investment platform.
2. Indexes investment:
We have talked about cryptocurrency index funds earlier, and I feel they are helpful for passive investors to get on board with investing in cryptocurrencies.
Stacked offers multiple cryptocurrency index fund investment.
For uninitiated,
Indexes are baskets of cryptocurrencies designed by experts that give you diversified exposure to crypto and automatically rebalance for you over time, that you can customize.
All you need to do is connect your Binance account to Stacked and you can instantly invest your available bitcoin into an ‘index’ – all for free.
Before choosing this Index, ensure to review its performance without backtesting as well as with backtesting. Once you have selected your Index, you can either keep its default composition or customize it.
Automatic rebalancing helps maintain your Index’s composition – so choose how frequently you want your account to rebalance! Read about crypto portfolio rebalancing tools here.
At the time of updating this review of Stacked, there are 14 available indexes:
NFT11: The NFT 11 is an equal weighted stack of the 11 most popular NFT protocol tokens on Binance.
CB12: CB12 is modelled after the ever-popular Coinbase Index (“CBI”) and tracks the overall performance of the digital assets listed by Coinbase, weighted by market capitalization.
Creekwise10: CreekWise 10 is modelled after the Digital Asset Index Fund managed by Bitwise Asset Management (“DAI”)
Crypto10: Crypto 10 is modelled after the Crypto 10 Large Cap Index
Crypto20: Crypto 20 is modelled after the Crypto 20 Large Cap Index
Defi index:
Clicking on any index will reveal more information including the option to configure and customize the index. At the time of writing, Binance is the only supported exchange for index investment.
I really like the easy to use feature of portfolio rebalancing, and customization of the index. Since this feature is free, it makes it appealing for savvy crypto investors.
Try Stacked Portfolio rebalancing feature for free
Moving on…
My Case study of using Bedrock Trend Bot
I will update this section when I have some data to share.
Conclusion: Stacked Invest Review
Stacked seems to be a solid platform curating some of the best minds for automated bot trading, and the platform is definitely designed for outstanding user experience. The high return of crypto bot trading and ease of use will appeal to many new crypto traders and investors alike.
Is Stacked safe to use?
Since Stackedinvest just provide software as a service, and your funds stay in your exchange account, Stacked can’t run away with your funds.
However, you should definitely enable the 2FA on your Stacked account, and any exchange account. In nutshell, Stacked is quite safe to use.
The Stacked team is also available on Twitter, and having a Telegram channel would help the community to interact with each other.
We are hoping to share a free trial with CoinSutra users. For now, go ahead, and create a free Stacked invest account.
Create Free Stacked Account
Bookmark this page, as I will share my experience with automated crypto bots via Stacked invest in the coming days. You can also subscribe to our YouTube channel.
Here are a few hand-picked resources for you to read next:
10+ best Cryptocurrency exchanges to Buy/sell any Altcoin
Feragatnameyi okuyun : Burada sunulan tüm içerikler web sitemiz, köprülü siteler, ilgili uygulamalar, forumlar, bloglar, sosyal medya hesapları ve diğer platformlar (“Site”), sadece üçüncü taraf kaynaklardan temin edilen genel bilgileriniz içindir. İçeriğimizle ilgili olarak, doğruluk ve güncellenmişlik dahil ancak bunlarla sınırlı olmamak üzere, hiçbir şekilde hiçbir garanti vermemekteyiz. Sağladığımız içeriğin hiçbir kısmı, herhangi bir amaç için özel bir güvene yönelik mali tavsiye, hukuki danışmanlık veya başka herhangi bir tavsiye formunu oluşturmaz. İçeriğimize herhangi bir kullanım veya güven, yalnızca kendi risk ve takdir yetkinizdedir. İçeriğinizi incelemeden önce kendi araştırmanızı yürütmeli, incelemeli, analiz etmeli ve doğrulamalısınız. Ticaret büyük kayıplara yol açabilecek yüksek riskli bir faaliyettir, bu nedenle herhangi bir karar vermeden önce mali danışmanınıza danışın. Sitemizde hiçbir içerik bir teklif veya teklif anlamına gelmez