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Editor’s Update: Auto-trading platforms have evolved considerably since this article was first published. If you’re searching for the right auto-trading solution, you’ll find that many traders now use cloud-based solutions, copy trading, and signal automation tools that integrate directly with Binance and other major exchanges.
Auto trading solutions differ vastly from one another. Due to our extensive coverage of Telegram crypto signals, we are often approached by signal providers seeking to review their services or join their channels. Most of the time, we decline. However, SwT’s solution takes a different approach, as it is largely hands-free for the customer.
We have not personally tested this service with our own accounts. However, based on reader feedback, there is significant interest in automated trading solutions. Rather than making any performance claims, we simply want to explain how this system works and what traders should consider before using it.
What Is the SwT Auto Trading Solution?
The SwT system is based on an API-based auto-trading bot. In practice, this means the SwT team performs the technical analysis and identifies trading opportunities. Once a trade setup is approved, the bot automatically executes the trade on connected customer accounts through Binance API integration.
It is important to understand that allowing a third party to send trades to your account carries risk. While API permissions can be configured to prevent withdrawals, you should always understand the risks involved before granting access to any automated trading solution.
SwT has operated a Telegram trading community for several years. Their primary focus is swing trading, which involves taking advantage of short-term price movements rather than holding positions for extended periods.
Unlike traditional buy-and-hold investing, swing traders seek smaller gains over shorter timeframes. As a result, the number of trades can be significantly higher than what many investors are accustomed to. On particularly active trading days, dozens of trades may be executed.
The objective is not necessarily to capture a single large move but to accumulate multiple smaller profits over time. However, this style of trading requires speed and constant attention. Traders often need to monitor signals throughout the day and execute positions quickly, which can be difficult for those with full-time jobs, family commitments, or other responsibilities.
To address this challenge, SwT developed an API-based solution that allows trades to be executed automatically on connected Binance accounts. Instead of manually following every signal, users can participate in the strategy through automation, making the service more accessible to traders with limited time available during the day.
The Crypto Auto Trading Solution by SwT
There are several plans SwT offers to subscribe to, and depending on the plan, you can
a) get access to their Telegram channel and execute the swing trades yourself
b) hook your API key to their bot and let them perform their Binance trades
c) provide your API key to their bot and allow them to execute their leveraged Bitmex trades
For both API solutions, you must deactivate the withdrawal option for security reasons when generating the key. The SwT bot does not execute trades if the API key does not allow withdrawals.
Let’s tackle each of their options:
Crypto Swing Trading Telegram Channel
The SwT crypto swing trading channel has now been in existence for four months. You can look back on a pretty good win rate and a growing base of satisfied customers (based on sentiment in their chat rooms).
The trading team at SwT monitors coin movements on Binance 24/7 and executes many short-term/small-gainer trades. This accumulates a cute profit percentage over the course of the day. Their service covers Binance only. Also, if they find some hidden long-term gems with good potential. They let their members know about it.
Binance Auto Trading
If you are new to Binance and want to use this trading solution, you’ll first need a Binance account. Binance supports API connectivity, allowing third-party trading tools to execute trades on your behalf while keeping control of your funds in your own exchange account. Binance futures trading strategies for beginners can help you maximize your trading potential. Understanding market trends and utilizing effective risk management is crucial for success. By implementing these strategies, you can gain confidence and gradually improve your trading skills over time.
As SwT issues often have 30-40 of these short-term trades, it can be hard to follow them. You need a lot of screen time to participate in most of the trades. Hence, we guess it is impossible to take all of them. That being said, this is a crucial part to get the full gain potential with them.
There will be a few losers with the swing trading methodology. Also, this is common. The overall results shall be positive, so it is important to take most of the trades. Using an API Auto Trading Bot seems to be the next logical step.
It trades the swing signals while the user is sleeping or on a whale-watching tour in Iceland. The channel claims 95% growth on their Binance account since the bot came into use in mid-February. The bot offers an interface for customers to enter the total amount they want to trade and the risk they are willing to take.
They can also set a specific amount per trade. If you try it with a conservative 1%, you can work your way up to 5% or 10% and decide later, depending on your risk appetite.
However, it is essential to get a feel for how things work and to gain confidence that everything is working as expected at a technical level. As a special feature, SwT offers to move your funds into BTC or USDT if it anticipates large price movements. Quite unique is their full refund guarantee.
Bitmex Auto Trading Solutions
This one is for risk lovers, as you can also hook up your Bitmex account with their API Auto Trading Bot. For leveraged Bitmex trades, SwT supports & resistance-based trades that fish for 200+ $ moves. In a sideways movement environment, they focus more on scalping within shorter time frames. They usually use 10x leverage for their trades unless they are scalping. While this service is just one month old, its start has been pretty nice, showing a 400% gain on the master account.
On Bitmex, you don’t have the option to specify an amount for a particular trade. They follow strict risk management rules and set the trade size as a percentage of your account size. Trading leveraged contracts on Bitmex is risky; keep in mind.
SwT does not use a stop-loss. But subscribers can set the desired risk level on their end. They state that it does not match their trading style, as it would reduce gains given the high volatility crypto generally offers.
Instead of a stop-loss, they use an average-out technique. However, customers can set a stop-loss on their own. Also, here’s a nice offer in case something goes wrong: if they execute a trade that results in a significant loss, they will refund your fees, so you have some equity to recover. Once recovered, you repay those fees.
The Auto Trading Tech Behind
For research reasons, we contacted the dev behind the bot and had a quick talk with him. The bots have to work correctly, so nothing gets messed up. The developer seems to know what he is doing and uses a Telegram hook to post the signals to a particular channel.
We did not see the bot in action, but we asked some of their customers privately about their experiences, and they have not seen any major issues so far. There have been some failed orders, but the team has resolved them very quickly. According to users, they did not experience Bitmex’s “System overload” problem, as trades are placed before the action starts.
If an order isn’t placed, the bot is programmed to keep trying at the required price. SwT instructs that extra trades be executed manually if a customer encounters this issue.
The Pricing for Autotrading Solutions
These auto trading solutions come with pricing as follows:
Premium Plan (Binance Auto Trades)
(for accounts <0.1 BTC)
0.021 BTC – 1 month
0.045 BTC – 3 months
0.085 BTC – 6 months
0.14 BTC – 1 year
0.3 BTC – 3 years
No performance fee is collected for PREMIUM users.
Elite Plan (Bitmex Auto Trades)
(minimum account size >0.5 BTC)
0.5 BTC 1 month (+ a fee of 15% of the generated profits once the initially paid fees are earned back)
0.25 BTC one time (+ a fee of 70% of the generated profits)
0.35 BTC one time (+ a fee of 50% of the generated profits)
A performance-based fee is pretty unusual in the crypto signal scene and is actually a good sign that SwT is confident in its returns. They tell their subscribers to calculate the fees due to themselves and send them accordingly. Though this is not as trust-based as it might appear, as SwT can check the balances through the API.
Autotrading Solutions Conclusion
As a rule, we remain cautious about fully automated trading bots. Over the years, we have rarely seen a bot stay consistently profitable without human oversight. However, the SwT solution differs from many traditional trading bots.
Instead of letting an algorithm make trading decisions, SwT relies on human traders to perform the technical analysis. The API then executes those trades automatically on connected customer accounts. In practice, this makes the service closer to automated signal execution than a fully autonomous trading bot.
What We Like About the Concept
Based on the information available to us, the Binance service has delivered encouraging results over the long term. The BitMEX offering also appears promising. However, it carries more risk because it relies on leveraged trading.
One feature we find particularly interesting is the performance-based fee structure. Some traders dislike sharing a portion of their profits. However, this model aligns the provider’s and the customer’s interests. When the customer performs well, both sides benefit.
We have not connected our own accounts to the system. Nevertheless, we wanted to cover the service because readers frequently ask about automated trading solutions.
Our Recommendation
If you are considering joining, speak directly with the team first. Ask for verified historical results and, whenever possible, discuss the service with existing members.
More conservative traders may prefer to start with a smaller allocation on Binance. This approach allows you to evaluate the execution quality, support, communication, and overall performance before committing additional capital.
As always, trading involves risk. Never invest more than you can afford to lose. Will be more careful in the future, as this has happened after the 16th work session. The track record is difficult to provide for the past, but they have started it now, and we will share it here once it is online. We also spoke to a few members, and they have been doing well so far.
