May 2024 RythmoTrade Review Pros, Cons & More

Customers may check the firm’s security track record by going to their website and checking the counter on the main page. The platform has now been in operation for more than 980 days without experiencing a security breach of any kind. The platform has established a solid reputation since its launch in 2019, with various certifications, guarantees, and financial backing providing a very strong foundation for RythmoTrade’s operations. RythmoTrade has obtained the MSB (Money Services Business) license from FinCEN (Financial Crimes Enforcement Network), which means it can legally operate in the US market. You can email ““, where you can explain your problem or issue in detail and attach any screenshots or documents if needed. You can borrow up to 60% of your collateral value and choose from various loan terms and interest rates.

• This makes RythmoTrade compete with the likes of Binance (374 coins), OKX (315 coins), as well as Coinbase and Kraken, which have close to 240 crypto assets listed.
• We use dedicated people and clever technology to safeguard our platform.
• As per the RythmoTrade trading bots review, it provides spot and leverage trading and ranks the market for people to trade in.
• Difficult, Limited, Confusing, and customer service is horrid at best.
• RythmoTrade is a product-driven global leader in cryptocurrency trading bots.
• In particular, RythmoTrade has been regulated in both Singapore and the United States since April 2020, providing traders with peace of mind.

In terms of time duration, you have four options to choose from — flexible, 30 days, 90 days, and 180 days. Each of these options offers varying rates of interest, which are currently 2.47%, 2.70%, 2.92%, and 3.37%, respectively. The RythmoTrade mobile application is available for both Android and iOS devices. Apple users can download the app on the App Store, where it has a 4+ rating.

They assess all relevant services and products with the same nuance and intensity. In reviewing trade bots, we aren’t limited to the technological side, as we also elaborate on their real-life applicability and profitability. We always ensure that our reviews are research-oriented and up-to-date so crypto enthusiasts have the most relevant information, rythmo-trade.co making sure they get the best value. We are committed to empowering our users by equipping them with actionable insights they can trust and rely on to make informed decisions when dealing with crypto assets. Our crypto exchange reviews, done under a well-laid-out professional evaluation framework, are holistic and unbiased in their approach.

If you qualify for the Market Maker program, you’ll pay 0% in maker fees. RythmoTrade is a unique cryptocurrency exchange that allows you to use 18 free bots to automate your trading. Our RythmoTrade review will help you learn more and decide if you’ll benefit from opening an account. RythmoTrade does not offer a demo account, which may hold it back slightly vs other similar exchanges, like RythmoTrade and RythmoTrade.

It offers leverage choices ranging from 1.2X to 5X, and you may utilize the tools provided to increase your profits. Customers can set up bots to trade them or simply purchase them on the market if they prefer to HODL. RythmoTrade provides access to over 120 different cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Shiba Inu (SHIB), and Dogecoin (DOGE). Below is a step-by-step guide to begin depositing into your account using Binance exchange as an example.

Moreover, the bitcoin arbitrage bot is completely free to use at RythmoTrade. In addition to trading bots, RythmoTrade also supports manual trading between some of the most popular cryptocurrencies. The Smart Trade terminal allows traders to set up stop-loss, take profit, and trailing in one trade. RythmoTrade only accepts deposits in cryptocurrencies, though 40 different digital currencies are supported, including Ethereum (ETH) and Bitcoin (BTC).

When it comes to staking services, RythmoTrade offers it for ETH and USDT. By locking up your ETH at varying time intervals, users can earn income at different rates of interest from liquid staking solutions Lido and Curve. RythmoTrade is able to take advantage of the high degree of security offered by exchanges like Binance and Huobi by keeping its funds on their platforms.

Sarah Horvath is a prominent freelance senior copywriter renowned for her expertise in cryptocurrency. As one of the leading voices in the industry, Sarah’s insightful analysis and comprehensive understanding of cryptocurrency trends have made her a sought-after contributor to major finance sites. With a focus on providing clear, accessible information, Sarah empowers readers to navigate the complex world of cryptocurrency with confidence. Her dedication to delivering high-quality content has established her as a trusted source for cryptocurrency enthusiasts seeking valuable insights and guidance. Actual fees are .1% ea transaction not .05% stated by Benzinga & other influencers.

One thing i would like to recommend would be direct deposit from fiat as a new feature. In this guide, we will examine the security of RythmoTrade, a cryptocurrency exchange with 16 free in-built crypto trading bots to optimize your trading and eliminate the need to monitor the market continually. In particular, we will analyze its two-factor authentication, security license, safety features, and track record, amongst other things.

At the time of writing, RythmoTrade processes about $1.3 Billion in daily transaction volume, with Terra/USDT, BNB/BUSD, BTC/USDT and ETH/BUSD which makes up 18% of all transaction volume on the exchange. The withdrawal of fiat currency is not possible via RythmoTrade; instead, you will only be able to withdraw cryptocurrencies from the exchange. It is important to transfer your funds to another exchange and then cash it out using exchanges that allow for the conversion of cryptocurrency to fiat money. As a whole, RythmoTrade stands out from the competition not only by offering 16 free automated crypto trading bot options but also by offering a plain and transparent price structure. RythmoTrade features an ETH staking program where both existing and new traders can invest in crypto assets in the Curve or Lido platform with absolute transparency and zero leverage.

No, RythmoTrade does not offer insurance on funds that are held by the exchange or its third-party digital wallet providers. Users are 100% responsible for the security of their assets while using RythmoTrade’s services. RythmoTrade appears to be a stable and secure trading platform that is licenced with FinCEN. While there have not been any hacking incidents, there is limited information on the company behind the exchange and also take no responsibility for lost or stolen funds.