Hodlbot.io Reviews: Is Hodlbot.io to be trusted? Or is Hodlbot.io unreliable? Because we are concerned about the financial safety of our readers, we did extensive research and made a review on Hodlbot. Please read our review before you decide if you should throw your time, expectation, and money into this trading platform.

What Is Hodlbot.io?

Hodlbot is a bitcoin trading and mining platform. They run a software that helps traders build and run profit making bots on crypto exchanges. According to them, they provide “a customizable cryptocurrency trading bot that enables users to index the market, create custom portfolios, and automatically rebalance their cryptocurrency portfolios.”

As it’s wont to happen during trades, markets shift. Holdbot proposes to automatically rebalance the portfolio of their users, keeping it on track, in order to mitigate risk and improve profits.

How Does Hodlbot.io Work?

Hodlbot claims to be give all traders, despite their level of experience, an institutional management software that would enable them trade like pros. Their trading methods, as they claim, are quite flexible, and in three easy steps you can trade with them:

1. Connect exchange
2. Create or select strategy
3. Automatically rebalance

Hodlbot.io is free to use for first 7 days, but afterwards a monthly charge is made depending on investment strength. For those trading under $500 a monthly charge of $3 is required. And for those trading from $500 – $1,000 a monthly charge of $6 is required. While for those trading above $1,000 a monthly charge of $14 is required.

The supposed assurance and profitability of trading with Hodlbot would be attractive to any trader. But should you trust Hodlbot.io?

What We Found about Hodlbot.io!

Hodlbot supports, at the time of writing this, four exchanges: Binance, Kraken, KuCoin, and BitTrex.

Pros:

1. Their platform is easy to use, with a neat user interface.
2. Hodlbot offers a 7-day free trial.
3. They’ve been operating for two years now and we haven’t received a bad review from unsatisfied clients yet.
4. Supports trading opportunities in a variety of exchanges.
5. Website security measures up to industry standard.

Cons:

1. Does not offer 100% financial security. You could still run loses.

Verdict!

Hodlbot.io, despite seeming reliable, should be approached with caution. There is always a risk factor in any trading, and also a possibility of loss. False assurances of stable profit and no loss is enough reason to be suspicious of them.

There are many untrustworthy trading websites on the internet promising get rich quick options. Most people attracted by these “too good to be true” ROIs from these sites have invested their money expecting profit but lost everything in the end. You do not have to become one of them to learn from their experience. It is unfair to fall victim to fraud and lose the money you earned from honest work. Fact checking should be a priority before you throw in money into any online trading scheme.