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Universal Crypto Signals “Working Bitmex Auto Trader”
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Review

Universal Crypto Signals “Working Bitmex Auto Trader”

by SteveSeptember 17, 2018

Universal Crypto Signals Bitmex Auto trader is #1. When we started our Bitmex Signals post, we have been amazed by the quality we have been able to find between all those crap channels. One that impressed us very much has been Universal Crypto Signals. They trade with their auto trader with both short term and longer-term trades. the larger moves, which is very much appreciated and pretty lucrative in the long run, add the shorter term trades for quick profits and you have a sure-fire winning combo. So signals can come over days or in minutes giving us a complete picture of the markets.

Patience pays one more time and betters your Risk/Reward ratio in comparison to try to scalp Bitcoin all the time, so the swing trades balance everything out. However, recently I was annoyed when I missed one of their gem trades. You cannot sit in front of Telegram all day and wait for a signal to appear. Even though you get a good amount of signals still it is not constant, so you sometimes have to wait.

This is not a real problem for day trading channels, but they just gamble until they blow their accounts so what is the point of that, as they spit signals more often, but with the Universal Crypto Signals they actually pick high probability trades for them to profit off of. So when I missed that one big trades I was mad! 

They coded an auto trading bot for a number of exchanges such as Bitmex, Binance both spot and futures, Bybit, Bittrex, Kucoin and Huobi. So using margin signals with leverage to trade the crypto markets has never been easier!

Disclaimer

This article is for educational purposes only. We are no financial advisors. The information provided from Smart Options is for informational purposes only. It should not be considered legal or financial advice. You should consult with a financial advisor or other professional to find out what may be best for your individual needs and risk tolerance. Please do your own research and never let anyone trade your account for you. We do not support or advertise Fund Management in any kind of manner. We solely review signal providers, their work/analysis/provided education. Please read this disclaimer and leave the website if you disagree with it.

As you might know, I am a conservative by nature. Conservative with my trades and money and I want to reflect that in my posts to inspire you to go the same route. It is the only way to survive in trading; everything else is just like popping an ecstasy pill followed by a dramatic day after. If you lost everything you won so glorious the day before, you know what I mean. Would I use a fully automated bot, trading on its own behalf?

Never ever. Would I use a semi-automated bot by a trusted signal channel to push their trades via API to my Bitmex account? Yes, I’d try that – with an arched eyebrow. Giving an API key away means you have to trust the trader with your funds. So before considering it, I would spend some time in their chat and get a feeling for the guys behind Universal Crypto Signals. Personally, I have a good feeling with them and gained confidence in them with the months I spent in their channel. I like them, value their work and knowledge, so I was willing to test.

Reasons to Execute Bitmex Signals per Auto Trader

There are plenty of reasons why we get so many requests for auto trading solutions. We can feel the urging need for such a tool and why it comes in handy to many of you. However, despite the charm and attraction of the idea itself, it is essential to be aware. Scammers are always right next to you in crypto, and you should never forget about this fact. We would never promote a bitmex auto trader, which leaves the hint of a doubt that it could be a scam – too many of you guys have been scammed already, and we get quite a few messages like the one below:

Be careful when choosing a Bitmex Signal Provider
Be careful when choosing a Bitmex Signal Provider

We are a bit proud, to be honest, that we have been able to find you a handful of providers which can deliver reliable results and are not a scam. You can count on us – we stay in all these channels and speak to the admins a few times a week. Universal Crypto Signals, to name the one that offers the auto trading solution, are rock-solid and one of our favs. Once you scroll through their premium chat room, you will see customers that became raving fans. Besides all of that, let’s go through the reasons why an auto trader for bitmex signals can make sense and if it could be something for you:

  • you don’t have the time to sit the whole day in front of Telegram and waiting for signals
  • you are challenged with all the configuration options Bitmex offers
  • you are a novice trader and don’t want to make a mistake
  • you are challenged by your emotions and can’t stop amending orders or revenge trading
  • you simply want a managed account by pros

How does the Bitmex Auto Trader work?

The Bitmex Auto trader is based on an API connection to your Bitmex account. You can generate such an API key within your account settings (they won’t take your key if you have the withdrawal option enabled on it). You can define which abilities the key shall have you pass to Universal Crypto Signals, so basically, you don’t tick “Withdrawal” and they cannot run with your account funds. Once the key is created, they have access to trigger your account into any trades that is published by their Telegram channel. Building the needed API key is as easy as 1-2-3.

All criteria are specific to that trade, and they can manage the following items with the bot:

  •  Amount of account balance at risk for the trade (10% max)
  • Leverage
  • Entry Price
  • Stop Loss
  • Limit and Market close positions for quick or predetermined exits
  • Cancel and re-enter a stop loss (used to “Bullet Proof” positions and secure profit
  • They can also trail the stop loss as the trade progresses

This isn’t some Bitmex bot, which triggers entries based on a few indicators and scalps small profits or averages down your buy-in if the trade goes bad….  This is a fully customized system that will set your trade based on the individual trade set up.  Fully managed end to end by the head trader of Universal Crypto Signals. Have a look at their back office for executing the orders:

Backoffice Bitmex Bot
Backoffice Bitmex Bot

Personally, I often question the security of these tools and am afraid that the provider made use of a cheap low-quality freelance coder which does a sloppy job for some quick dollars. Gladly, they went another route and implemented a simple but highly effective solution, which even enterprise companies offer to their users: They have a singular website which is strictly IP whitelisted so there can’t be any attacks or hacks, only a selected few have access. The team can see open positions as well as any orders the Bitmex auto trader makes. This means they can control the trade(s) from start to finish.

The Bitmex auto trader system has no limit to the number of users it can control; they can just add another node to take the load.

About Universal Crypto Signals

The group that offers this BitMEX trading bot has been reviewed here, we vouch for them with our good name, but apparently, we cannot guarantee anything return-wise. Past performance can’t be used for future success predictions. However, their track record looks very good concerning consistency and success rate; hence we issued our Trusted Signal Provider Seal to them some time ago.

Universal Crypto Signals
Universal Crypto Signals is a Trusted Signal Provider

But let the numbers talk for us!

The Results of the Automated Trading Journey

Technically rock-solid trades shaped the first month with the auto trader. You can download their results: “Bitmex Saviours Performance Sheet” If you follow the numbers, you can see what they are after – long, juicy swing trades. Between many profitable trades, you will also find two big fails in the report, which happened while the, let’s call it “disturbing” Bitmex maintenance, where stop-loss and even liquidation prices have been exceeded.

Well, that’s the risk of being in crypto – things happen you never would have thought of, there is always the next surprise. However, we’d suggested them to close down trades in the future when maintenance is due, and they confirmed – it was such bad luck, though they’d never hide such things. Transparently they communicated and discussed this issue with their community.

Here is a screenshot of a live account that makes use of the automated trading solution on bitmex, started with a half Bitcoin, end of July:

Results after one month with the Bitmex Auto Trader
Bitmex Automated Trading Live Account

You will have ups and downs in your account, that is usual with every investment route you chose and just organic. What counts is the long-term vision and overall profitability. Universal Crypto Signals uses strict money management rules and takes out the emotional challenge from you not to over leverage or oversize your position.  It is not about showing a big row of winners, but to show off consistent growth – slow and steady wins the race and once the compounding effect kicks in – the sky is the limit.

This Bitmex Auto Trader is not for you…

  • …if you are looking for fast money
  • …if you want to trade yourself
  • …if you are out for getting a “kick”
  • …if you want to play in the traded account yourself
  • …if you plan this for a short-term

It is crucial for this operation that you provide an API key for a funded account, solely traded by Universal Crypto Signals (you can have multiple accounts with Bitmex) – if you log in and place your orders, interferences will mess up things. The initial deposit should not be too small, as the leverage they use is confined to limit your risk, plus they trade alts on Bitmex often (where contract prices can be much higher, like on ETH).

This auto trader and the trading concept behind is made for the long-term vision and should be seen as an investment. You enable professional traders to trade an account for you by paying a fee – that’s the magic behind and if you want to enroll, it is highly suggested, to have at least a few months in mind – there are no overnight riches to be found!

FACT SHEET for UNIVERSAL CRYPTO SIGNALS

Enroll with Universal Crypto Signals

Please contact @cryptosaviour by Telegram to enroll. Discount code: Use Smartoptions10/15 and 20 % off the 3 or 6 months and yearly plan.

  • Website:  Join UCS
  • Telegram Contact: Team UCS and Telegram Saviour
  • Discount Code: Smartoptions10 (10% off) Smartoptions15 (15% off) Smartoptions20 (20% off)
  • Results Tracking: Altcoin results sheet on Google Docs | BitMEX results on Google Docs
  • Features:
    1. Daily 1-5 HIGHLY ACCURATE signals as per market conditions
    2. VIP chat group for members
    3. Portfolio advise and Personal Support
    4. Crypto News, Special Information
    5. Trading Strategies
    6. Hidden Gems
    7. Short, Mid, Long Term Signals
    8. Semi-automated and Fully Automated Trading
    9. Dedicated BitMEX Premium Channel with great accuracy ( separate Channel)
    10. BitMEX Dedicated Premium channels for Swing and Scalp Trades and All Trades with great Risk Management
    11. Upcoming Features: 1. Margin Trading on all alts available on Binance 2. Confidential report
  • Pricing and Plans:
    • Plan A. Semi-automated Altcoin Premium Price: 1. $66 one month | 2. $171 three months | 3. $306 Six Months | 4. $540 one year
    • Plan B. Fully Automated Altcoin Premium Price: Plan A + $234/year ($25 per month)
    • Plan C. Semi-automated Margin Trading Premium Price: 1. $81 one month | 2. $199 three months | 3. $351 Six Months | 4. $621 one year
    • Plan D. Fully Automated Margin Premium Price: Plan C + $270/year ($30 per month)
    • Plan E. Semi-automated Altcoin + Margin Premium Price: 1. $120 one month | 2. $295 three months | 3. $484 six months | 4. $900 one year
    • Plan F. Fully Automated Altcoin + Margin Premium Price: Plan E + $300/year ($35 per month)
  • Auto Trader: Cornix: Semi-automated + Fully Automated Both (Binance, Bittrex, Bitfinex, BitMEX)
  • Special Features / What makes the channel unique: High Accuracy, Fast Target Achievement, Automated Trading on Binance/Bittrex, Fully Personal assistance and learning activities through VIP Trollbox, Hidden Gem Signals
  • Exchanges: Binance, Bittrex, IdEx , Huobi, Kucoin, and some Hidden Gems on other exchanges.  Also Dedicated Premium channel For BitMEX signals with high accuracy
  • Signals with technical analysis (for manual entries): Yes on Demand. Full Support about Analysis and Educational activities in Chatbox/Trollbox
  • Trading Timezones:  24 hours
  • Free Channels: t.me/universalcryptosignals
  • How the paid signals channel looks like:
Enroll with Universal Crypto Signals

Please contact @cryptosaviour by Telegram to enroll. Discount code: Use Smartoptions10/15 and 20 % off the 3 or 6 months and yearly plan.

TRUSTED SIGNAL PROVIDER

Trusted Signal Provider

Trusted Signal Provider

Rating
Our Rating
User Rating
Accuracy
9.4
Risk:Reward
6.8
Support
9.3
Price/Performance Ratio
9.7
8.8
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About The Author
Steve
Is a German Hipster Hippy influencer, a marketer, a father and a righteous man of the Deutschland. He is a believer that love can conquer the world, funky, crazy, but love never hurts anyone. So light up a spliff and dig the vibe dude!
5 Comments
  • Avatar
    Raghema
    October 31, 2019 at 1:08 pm

    Hi, Steve! Thanks for your detailed article covering Auto trading topic. I’m wondering how relevant is it up to today. Is it still worth to buy their subscription with bot, that starts from $249, what do you think? Your opinion is very important for us, thanks a lot. Regards, Raghema.

  • Avatar
    Jeremy
    April 12, 2019 at 5:48 pm

    Only losses through this service! The autotrader is not used anymore. Signals have a very bad quality. The channel was the best months ago. Now one of the worst. Very unfriendly admins and the boss doesn’t care about his customers, prefers celebrating at festivals and sending drunk voice messages.

    • Steve
      April 12, 2019 at 9:01 pm

      Hi Jeremy.
      The last months with MS have been pretty bad, I get it. I would not keep them on here, if I wouldn’t be very sure they swing back up – April has a 100% win rate so far and the auto trader is still in use. I experienced the admins actually as some of the nicest so far.

  • Avatar
    December 8, 2018 at 6:43 am

    brother i love your articles and i constantly follow your advice and tips..
    just had one request please
    Don’t use this word “3rd world country”, I am from India and saying such stuff kinda upset me….
    just hoping that you will take care of it.. May God Bless you brother.. and thanks again

    • Steve
      December 8, 2018 at 7:21 am

      Faisal,

      Thank so much for comment. Sometimes, I miss a bit of awareness as westerner and will payore attention to it. I work with many Indian people amd you are right, it is just not fair. Will remove once at home.

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