Launched in 2023, AlgosOne is a state-of-the-art AI-powered trading bot that offers a completely hands-off trading solution. It achieves this by integrating sophisticated AI models, including deep neural networks and large language models (LLMs). AlgosOne is operated by White Mint Financial Company which is based in the Czech Republic.
Its cornerstone is to help democratize trading by offering a premium and institution-caliber platform to anyone who wants to grow their capital from as little as $300. With the power of its machine learning (ML) model, AlgosOne is able to execute trades based purely on statistics and data.
This approach also gives AlgosOne the ability to continuously learn from its mistakes and from trade-related data, allowing it to make more intelligent decisions in the future. In addition, due to its ever-expanding comprehension of the financial markets, AlgosOne can offer its users a consistent, guaranteed, and generous profit.
Getting Started on AlgosOne
Signing up on AlgosOne is fairly easy and takes about less than 5-minutes. Users are asked to verify their email address and provide an ID verification to pass Know Your Customer (KYC) guidelines.
Once approved, AlgosOne gives a 9-step overview of the platform, which allows users to orient themselves to all the available tabs and dashboards. Users can skip this process altogether, as otherwise, the platform is designed to be extremely user-friendly, and getting used to it does not take long!
In addition to this, AlgosOne has recently introduced two new stats sections that include the current amount of money on its Reserve Fund and active trades that are currently being executed by its bot. All of this ensures transparency and further builds trust with Users.
Users can start trading once their account gets approved after uploading $300 to their checking account.
This can be done either with a bank account, directly from cryptocurrencies, or a conversion from cryptocurrencies to US dollars. AlgosOne accepts multiple cryptocurrencies including Solana, which has been recently added.
It is worth noting that signing up does not involve any subscription or deposit fees. AlgosOne also offers a 2-week long free trial.
Trading with AlgosOne
Trading on AlgosOne is perhaps one of the easiest parts, as there is almost nothing that the user has to do to execute a successful trade.
The majority of the work, including research and trading decisions that comprise asset selection, trade sizes, choice of risk controls, and when to buy/sell, are handled by AlgosOne. AlgosOne executes two types of trades. The first is auto-approved trade, which does not require anything from the user.
The second one is 1-click trade, where the user has to approve the trade after reading all of the important details about that particular trade. This ensures users have the utmost autonomy on when and which trade to approve.
Furthermore, users are free to select when to get 1-click trade notifications. AlgosOne has upgraded its trading signal window from a 12-hour window to now just an 8-hour window. However, users have the freedom to choose when or when not to get trading notifications, depending on their schedule.
Besides this, all of the work is handled by AlgosOne – users do not have to worry about market sentiment or spend hours in front of screens to make a profit.
What’s great is that the platform introduced SHIB deposits, with plans to expand the cryptocurrency offerings and introduce Solana trading accounts. This would allow users to hold SOL in its native form without the necessity of converting it into USD.
Profit and Fee Structure of AlgosOne
The profit range depends on the level or tier the user is on. The higher the tier, the more users will be able to earn, as they can execute larger trades with larger balances.
When a user first starts with a $300 deposit, they are automatically placed on the 1st trading tier. The more balance they have, the higher their trading tier will be. In total, there are 10 trading tiers On AlgosOne – each with its number of auto-approved & 1-click trades per day, commission fee, compensation, and total profit per annum.
To keep things fair, AlgosOne does not charge any commission on losing trades. It has also reduced its commission amount from 25% to now 20% on different trading tiers.
Money earned from trading fees is split into two parts. Half the money is used to pay for compensation on the losing trades and maintain AlgosOne’s Reserve Fund which acts as insurance for users’ capital coverage in case things go sideways.
The other half is used to pay for AlgosOne’s 24/7 risk and technical management team, along with other platform expenditures.
Risk Management by AlgosOne
Another key feature of AlgosOne is its wide range of risk management tools tailored to protect users’ investments. These include:
- Portfolio diversification: AlgosOne diversifies users’ investments in multiple areas, including commodities, stocks, indices, forex, bonds, and cryptocurrencies. This ensures risk is mitigated in multiple asset classes, which protects in case of any unforeseen future events. This not only reduces risk but also opens new opportunities as the portfolio has a wide range of exposure.
- Stop loss & limit orders: This is a crucial feature of AlgosOne as it helps minimize loss and ensures profit. Users can select when to end a trade at a set price in order to protect them from unfavorable market shifts.
- Investment caps: Investment cap is another measure for risk control as it limits the amount of funds risked in one trade. This helps to protect the principal by ensuring a balanced investment approach. With the help of this approach, a user is protected from bipolar market swings.
- Protection against emotional bias: Lastly, AlgosOne protects against old-school emotional biases in trading, which act as unforeseen forces. By employing deep neural networks and natural language processing, AlgosOne can make decisions that are solely based on data.
Compliance with Legal Regulations
In all essence, AlgosOne is a legal trading platform that is safe to use as it complies with financial regulations. It holds a license issued in the EU that gives platforms the power to offer financial services, including cryptocurrencies.
AlgosOne also has an AML policy that helps to prevent the platform from being used for terrorist financing, money laundering, and other illicit activities.
Due to this, users cannot open an account without verifying their identity. They have to go through the steps of Know Your Customer (KYC) and Anti-Money Laundering (AML) documentation.
AlgosOne’s Reward System
To give users more room to earn a passive income, AlgosOne has launched its reward system, allowing users to earn Stars through various activities.
These activities will include consistent logins on the platform, engaging with AlgosOne’s social media pages, writing reviews, publishing videos and blogs, and sharing content on their personal social media accounts.
By engaging in all of these activities, Stars will grow. Users can then convert these Stars into new trades, level points, merchandise, and more from AlgosOne’s marketplace.
Stand-Out Benefits of Using AlgosOne
Some of the biggest advantages of using AlgosOne include:
First and foremost, the platform is entirely legit. It is licensed and registered with the EU authorities. At a time when scammers are everywhere, having a legitimate platform is extremely important.
Secondly, AlgosOne has a proven trade rate success of 80% which comes hassle-free as the platform does all the time and research-intensive work. Users only have to approve certain trades and view their dashboard occasionally.
While launched recently, AlgosOne also offers a Risk Profile feature. The feature gives users the power to match risk tolerance with their investment goals.
Two settings are offered by AlgosOne that are tailored for users – these include a “Low-Risk Profile” for a higher success rate with lower exposure, and a “Standard Risk Profile” for a steady, albeit slightly smaller profit on each winning trade. By setting up a Risk Profile, it does not mean annual profits will decrease.
The platform is not only easy to use for beginners, but there is also help available 24/7 from not AI trained bots but with real people. This further helps to build trust and ensures customer satisfaction, which is of utmost importance to AlgosOne.
Lastly, there are no hidden fees or charges that may slowly eat up the user’s capital. AlgosOne is very transparent about its commission percentage. Whatever a user deposited will be returned to them upon their withdrawal request.
Conclusion
In conclusion, despite being young in the market, AlgosOne is proving its worth to users as it is able to provide a premium tool to traders at a fraction of the cost.
By doing all of the hard work, AlgosOne can democratize trading by creating space for busy traders or newbies who would otherwise have to spend hours executing a successful trade.
Furthermore, AlgosOne ensures that everything is transparent and fair. It does not cherry-pick a certain asset but builds contrasting positions in correlated assets for maximum profits.
Considering all of this, AlgosOne offers a great way for crypto holders to put their money to work, and earn passive income through it.
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