Whale Tank Review
Whale Tank Review

WhaleTank- The Trading Tank for Bitmex and Binance

in ALL SIGNAL REVIEWS

Whale Tank

Starting at 0.05 BTC
8

Accuracy

7.0/10

Risk Awareness

8.0/10

Support

9.0/10

Price/Performance Ratio

8.0/10

Trust Score

8.0/10

Yay! 🙂

  • entire trading ecosystem with many features such as Trading Dashboard
  • long track history
  • massive swing trades and solid risk management
  • long term position building

Nay! 🙁

  • lower accuracy
  • registration by phone number required

Whale Tank Review


Added 27 – 07 – 2019 /  Trading Signals on Binance and Bitmex
~ Trading Dashboard, Portfolio Tracking | Long trade history

+++ Impressive Trading Ecosystem with a long history +++

{{percmaxnr}}%
Average Accuracy Rate
 
Measured Accuracy Rate on Average since September '18

Daytrading on the crypto market isn’t for everyone, putting hours of work in front of the screen, analyzing and watching candle movements and trying to make any buying or selling decisions can be very frustrating and expensive, that’s why we can see an increasing number of signal providers on various platforms such as Telegram and Discord.
As you might now, we are constantly on the hunt for new  crypto trading signal providers. The one we recently reviewed is what we call a „Comeback Kid“ as it was used to be part of our rankings and is back now with class.

Disclaimer

This article is for educational purposes only. We are no financial advisors. Do not make investment decisions based on this informations. 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.

Reviewing their website, reveals a professionally designed and secured platform that comes with interesting features for every trader.
Integrated with Telegram, users can easily register with their smartphones in a matter of seconds and start enjoying all their services which include, short term signals, portfolio holdings, information about coins, real-time news and their most recent one, automatic call-to-action per API, which in simple words, is an auto trader.


The Offering

(Wh)aluable trading signals


Whaletank is one of the bitmex signal providers (mainly bitmex but also binance) that come with many valuable features so that they are not just a simple signal provider but also a software provider to a certain extent.
When you sign in to their platform a menu will appear on the left side revealing all the current features:

  • Whalefolio: Enter long term positions through a Dashboard
  • A Trading Dashboard
  • Portfolionews: Receive relevant news for your holdings
  • Bitmex and Binance Trading Signals
  • Whalenews: Receive most important news for the entire crypto industry
  • Wikicoin: Short analysis of Crypto projects
  • Support Chatroom

Of course it’s very hard for us as SmartOptions to track the 24/7 support. Since most groups prioritize our messages instantly. However we do want to note that our communication with them was very streamlined and we haven’t seen complaints regarding the support up till now. San Crypto, the admin, is always there to help and answered quickly and in a friendly manner.

Current pricing:
Gold – (0.05 BTC) – two-month subscription
Platinum – (0.1 BTC) – six-month subscription
Diamond – (0.2 BTC) – 24-month subscription

Whalefolio:
A long term holding service, gives you a simple way to enter the amount you desire to invest and will calculate automatically the amount for each instrument that should be included in the long term holding portfolio.
A simple-to-use dashboard divided into three parts showing you the entry point for the amount, holdings view by each instrument and the orders for execution. This works smoothly as the backend of the systems is connected to your exchange via API so that real time data is provided.

Whale Tank Review
The Whalefolio

Dashboard
Their Dashboard summarizes all the current info regarding your holdings, divided between daily signals and the long term holdings.

WhaleTank- The Trading Tank for Bitmex and Binance 1
The Whale Tank Dashboard

Portfolionews
This section goes along with the Whalefolio feature, gives you the news related only to the instruments in it. We enjoy this feature a lot as you always stay on top of your holdings and you don’t need to gather news yourself, they are served to you!

Signal Interface
This section summarizes and shows all the signals from Whaletank which is a great interface and very user-friendly. You can see all the relevant data such as buy- and sell targets, current price of the assets and of course the recommended stop loss. Whaletanks Dashboard reminds us of the 4C-Trading Dashboard and we are happy to see that more and more crypto signal providers go that route.   

WhaleTank- The Trading Tank for Bitmex and Binance 2
Whale Tank Signals

Whalenews
This feature was designed to collect data from over 100 sources, among them are the largest financial media’s such as Forbes, WSJ, Bloomberg, The Telegraph etc.
It also follows regulators entities such as SEC, IMF, FCA. Additionally, important public figures such as Donald Trump, Warren Buffet, Bill Gates, and many more from the financial and political sector are being tracked to ensure that relevant statements regarding the cryptocurrency industry are not being missed.
Nothing important will slip away from you as long as you follow this amazing feature in real-time.

WhaleTank- The Trading Tank for Bitmex and Binance 3
Whalenews

Wikicoin
The Coin Wiki is a great tool to get the Whaletanks analysis on many many coins. The analysis is short and to the point and is updated regularly with new coins. As Whaletank delivers great quantity, the depth of the analysis is not as deep as other providers offer it, however it is s a solid feature for a quick overview.

WhaleTank- The Trading Tank for Bitmex and Binance 4
Wikicoin

The Signals


Even though Whaletank offers many features to their subscribers, the crypto trading signals are still their core product and we must say that we were not disappointed at all!

WhaleTank- The Trading Tank for Bitmex and Binance 5
A stunning long!

WhaleTank platform is a very professional service and they know how to serve their members. Even when the crypto market shows unstable ups and downs they keep providing accurate signals while avoiding risky actions and therefore provide their costumers security and trust.

By checking their trading statistics you can see that their signals are historically divided as follow:

32% – Binance Signals
47.5% – Bitmex Signals
20.5% – Other Exchange Signals

By checking the results of July we must state that the accuracy was around 60% – a number that doesn’t sound good on the first glance- however, Whaletank has a very solid risk management approach and the winners surely outweigh the losers by far. Especially the Bitmex Trades have been absolutely stunning recently. The long from 10960 USD was executed perfectly and made an amazing 978% ROI on the position. Of course all the signals are presented in a very simple and beginners friendly way so that you are provides with buy-and sell targets, stop loss and also the recommended leverage (if bitmex) and account allocation. This is how a Bitmex signal looks like:

WhaleTank- The Trading Tank for Bitmex and Binance 6
Whale Tank Signal Example

Most of the trading signals are short term and execute within 1-2 weeks. Some Binance signals are valid up to one month due to the low volatility and liquidity of some of the coins. Whaletank does a good job notifying you before the signal is about to execute so that you stay up to date regarding your position. Whenever a signals is given, this is the exact process:

1. Analysts spots a good opportunity for a signal.

2. The analyst sets the entry point and informs members

3. Using an API the system is waiting, when the price hits the entry point, the system sends a push notification on the premium channel letting their customers now that the signal has just started.

4. clients can follow the results in realtime on the Whaletank Dashboard (see above) dashboard.

For portfolio coins – those coins where the aim is to build a long term position-  Whaletank uses fundamental analysis. The positions hold more than 1 month and up to even 6 months without any significant changes like selling and rebuying every local low. This is a very interesting option for traders wit enough patience and a longer term subscription, obviously.

Example trade

Here is one of those Bitmex Trades that we appreciated in the prior writing:

WhaleTank- The Trading Tank for Bitmex and Binance 6
Whale Tank Signal

The Bitmex signal was sent to us on the 18th of July and played out perfectly. Here you can check it on the chart:

WhaleTank- The Trading Tank for Bitmex and Binance 8
Whale Tank Signal Chart

It actually played out to the point and made a stunning 441% ROI on position. To sum it up: We were very happy with the signals in general, don’t get distracted by the accuracy as the losses are so small that the gains outweigh them by far. The only thing we would like to see is a Tradingview chart with every signal.


The Support


The Whaletank team is reachable very fast and easy via telegram, also using their platform, the support is available on any page at the upper right corner. All requests are handled quickly and in a friendly manner. The support is available 24/7. On top of that there is a private chat for paid users and a free one for non paid users.


The Extras, Special Features


Well, we have already listed the most important features such as the Whalefolio and the Dashboard but it is also worth mentioning that Whaletank has developed a special risk calculators for managing the risk (for Margin trading and regular trading). This is a great feature and we are really happy to see that capital protection of their members does actually matter for the Whaletank team.

WhaleTank- The Trading Tank for Bitmex and Binance 9
Whale Tank Risk Management

Additionally, from educational point of view, Whaletank provides sophisticated market updates and graphs with description for almost each decision they make.

WhaleTank- The Trading Tank for Bitmex and Binance 10
Whale Tank Educational Post

The Results


Whaletank publishing all their results on the google sheet which you can access here:
https://docs.google.com/spreadsheets/d/1v1j51-bispZzZhv8ST62QU3in9xhsEE1YPZLI6eWKOQ/edit?usp=drivesdk


What makes this channel unique


Whaletank is a unique and professional eco-system which combines human analysis and extensive range of real-time technological tools.  They have developed many tools that help members staying on top of the cryptocurrency market. Whaletank can keep their performance strong even when rapid changes in the market appear.
In addition, their long term results and transparency help them to scale very fast and develop  a very strong community.


The Critique


Whaletank has a lot to offer so that you pay for many additional features. There is only one subscription offer, we would like to see more options here. Another downside is that we had to register with our phone number which is something not everyone will like.


Trust Score


Whaletank has been operating for more than two years. There is no reason to believe that the channel will soon disappear or dissolve. Whaletank is a proven provider in the crypto trading signal space and has quiet a big team. However, we have to deduct a few points as Whaletank is not incorporated until now. However, we do not list channels that have access to users funds, this said the same applies for Whaletank.


The Judgement


We are very happy to see another provider having a professional approach with unique features and a Dashboard. The support is good, the trading signals are rock solid, especially the big swings on Bitmex. Considering the fact that Whaletank is in business for a long time, it indicates that customers are happy and we are sure Whaletank will progress further. The accuracy might be a downside for some traders, however that should not be a problem with the big winners.

FACT SHEET for WHALE TANK

WhaleTank- The Trading Tank for Bitmex and Binance 11

Please contact @WhaleTankSupport by Telegram to enroll. Discount code: Use the discount code SOdiscount10% for 10%.

  • Website: https:/www.whaletank.trade/ 
  • Telegram Contact: WhaleTankSupport
  • Discount Code:SOdiscount10%
  • Results Tracking: Results of non leveraged trading
  • Features:
    1. Margin signals (Bitmex)
    2. Regular signals
    3. Market updates
    4. Long-term portfolio management
    5. Risk Management
    6. Wikicoin
    7. Real-time Dashboard
    8. Auto-trader: in development
  • Pricing and Plans:
    • Gold - (0.05 BTC) – two-month subscription
    • Platinum - (0.1 BTC) – six-month subscription
    • Diamond - (0.2 BTC) – 24-month subscription
  • Auto Trader: In development
  • Exchanges: Binance, Bitmex
  • Signals with technical analysis (for manual entries): Yes
  • Trading Timezones:  24 hours
WhaleTank- The Trading Tank for Bitmex and Binance 11

Please contact @WhaleTankSupport by Telegram to enroll. Discount code: Use the discount code SOdiscount10% for 10%.

Whale Tank Review
WhaleTank- The Trading Tank for Bitmex and Binance 13

In this review, we check the reliability, accuracy, and support of Whale Tank. The quality of the signals in this channel have been tested for quite some time and lead us to a positive outcome for this telegram channel. The initial editor's rating was 7.8 - the overall rating is influenced by 20% through community votes from the comments section.

Editor's Rating:
7.8

When nu post?

Get the armor to fight the bear market - delivered to your inbox:
  • Learn which Crypto Signals Provider really perform
  • Get unbiased well-researched & merciless coin reviews
  • Grab trading education, our market updates and cryptocurrency news!

Welcome to the Family! Now activate your subscription by hitting the "CONFIRM" button we just send to your inbox.

This is odd. Something did not work out.

Leave a Reply

Your email address will not be published.

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest from ALL SIGNAL REVIEWS

Smart Options

Smart Options

Go to Top

When nu post?

Get the armor to fight the bear market - delivered to your inbox:
  • Learn which Crypto Signals Provider really perform
  • Get unbiased well-researched & merciless coin reviews
  • Grab trading education, our market updates and cryptocurrency news!

Welcome to the Family! Now activate your subscription by hitting the "CONFIRM" button we just send to your inbox.

This is odd. Something did not work out.

When nu post?

Get the armor to fight the bear market - delivered to your inbox:
  • Learn which Crypto Signals Provider really perform
  • Get unbiased well-researched & merciless coin reviews
  • Grab trading education, our market updates and cryptocurrency news!

Welcome to the Family! Now activate your subscription by hitting the "CONFIRM" button we just send to your inbox.

This is odd. Something did not work out.

Thank you, Darling! Let's stay in touch so we can feed with more Crypto frenzy!