HaasBot Review: A Must Have Trading Bot?

HaasBot is a powerful automated trading bot that allows users to not only choose from a wide range of pre-made bots, but also create their own using HaasScript. The result is a crypto trading bot platform that appeals to more advanced traders, but that can also be used by beginners who are willing to learn how to use the powerful tools that HaasBot provides. The main product offered by HaasBot is the HaasBot Trade Server, which unlike most cloud-based crypto trading bot platforms, is a trade server which you have to download and configure before being able to use. You can then choose from over 100 crypto trading bot options or create your own from scratch using you own trading strategy. Our HaasBot review will help you determine if the trading platform is right for you.

HaasBot Overview

HaasOnline Trading Bot

HaasBot

  • Advanced Trading Bot Platform
  • Cloud management available for users
  • Backtested and simulated trading
  • Refer friends to earn free Bitcoin

General Overview

The Benefits PRO's
  • Over 100 bots available
  • Lots of exchanges and trading pairs supported
  • Extremely customizable using HaasScript
  • Lots of indicators, securities and insurances
  • Privacy
The Downside CON's
  • No free trial
  • Set up is more complicated than other bots
  • One of the more expensive bots

How HaasBot Works

As mentioned in the introduction, HaasBot is a bit different from other cryptocurrency trading bots in that you have to download and configure HaasOnline software in the form of the HaasBot Trade Server. It is easy to register, all you need is to enter an email address and follow the registration steps. After you have registered you will be required to install and configure the HaasBot Trade Server. There are many user-friendly tutorials and guides provided by the team, and they also offer a Telegram group where you can get your questions answered. Once you have set up the server you can select from the many bots they have available or start to build you own from scratch.

Pricing

HaasBot is one of the pricier options on the crypto trading bot market, but you are paying for the quality which the team provides. In addition, they only accept payments in Bitcoin, providing users with increased privacy. There are three different plans available, with prices varying depending on the length of your subscription with a minimum of 3 months and up to 12 months available:

Beginner (0.018 BTC for 3 months, 0.033 BTC for 6 months, 0.047 BTC for 12 months)

    • 10 Active Bots
    • Access to 11 Insurances
    • Access to 10 Safeties
    • Access to 20+ Indicators
    • 22 Exchanges
    • Unlimited Trade and No Fees
    • No Visual Editor or HaasScript
    • Restricted Core Features

Simple (0.032 BTC for 3 months, 0.057 BTC for 6 months, 0.083 BTC for 12 months)

    • 20 Active Bots
    • Access to 13 Insurances
    • Access to 20 Safeties
    • Access to 40+ Indicators
    • 22 Exchanges
    • Unlimited Trade and No Fees
    • Visual Editor with HaasScript
    • Restricted Core Features

Advanced (0.052 BTC for 3 months, 0.094 BTC for 6 months, 0.135 BTC for 12 months)

    • Unrestricted Bots
    • Unrestricted Insurances
    • Unrestricted Safeties
    • Unrestricted Indicators
    • All Exchanges
    • Unlimited Trade and No Fees
    • Visual Editor with HaasScript
    • Unrestricted Core Features

Available Exchanges on HaasBot

HaasBot has integration with over a dozen cryptocurrency exchanges along with their subsidiary futures branches. Here is a full list of supported exchanges:

You are able to make unlimited trades and connect to as many available exchanges as your plan allows with zero trade fees.

HaasBot Features

HaasBot Trading Bots

HaasBot has many preconfigured trading bots for you to choose from, though some are only available with the more expensive plans. Here we will take a brief look at each one:

  • Accumulation Bot: Can be used to increase or decrease your position in a market. The bot can be used to slowly or quickly get into a position with minor controlled slippage.
  • Crypto Index Bot: Designed to allow users the ability to create a diverse portfolio of cryptocurrencies that are managed automatically within HaasBot’s crypto trade platform.
  • Flash Crash Bot: Sets pre-orders above and/or below a specified base price.
  • Inter-Exchange Arbitrage Bot: Will monitor the prices on the 2 selected markets. When it has the opportunity to sell high on one and buy lower on the other it will execute 2 orders at the same time. One buy and one sell.
  • Market Making Bot: Works by creating two limit orders at a predetermined percentage away from the current price.
  • Ping Pong Bot: Sets its targets dynamically based on historical data. It is trying to play a little game of ping-pong with the prices by setting a bottom price to buy and an upper price to sell, then double checks if this price difference is enough to surpass the fee costs. If so, the bot holds these prices for a while and waits. If the current prices reach the buying or selling points the bot will execute its order.
  • Scripted Bot (C#): Create custom scripts for trading (see HassScript section below).
  • Trend Lines Bot: Works with sets of lines. A set contains 2 drawable lines and an optional stop-loss. Only one buy line and one sell line can be drawn on the chart per set. A bot can have an unlimited amount of sets. The bot will monitor the price, and on every update look for a set of lines to activate.
  • Advanced Index Bot: More advanced version of Crypto Index Bot
  • Email Bot: Allows you to integrate TradingView email alerts into one of your HaasBots.
  • Intelli Bot Alice: Alice is based on several predefined indicators and parameters. The bot works best in markets with a price higher than $100.
  • Mad Hatter Bot: Uses a simple trading strategy that makes use of the Bollinger Bands, MACD and RSI Indicators.
  • Order Bot: Designed to set pre-defined orders that will only execute if the target price is reached. The bot has 3 different trigger conditions: Default, Trigger When Lower, Trigger When Higher.
  • Scalper Bot: Attempts to scalp prices. Scalper bots work best on small and quick changes, making it useful in a sideways market.
  • Standard Trade Bot: One of the most advanced bots available. You can create a spot, margin or leverage bot and compile your own strategy using different trading indicators, safeties and insurances
  • Zone Recovery Bot: Designed to perform risk management for open positions on leveraged accounts.

HaasScript

HaasScript is one of the world’s most advanced crypto scripting languages. It allows you to create complex automated trading algorithms, has a range of technical indicators, generates and interprets signals, and allows you to lower risk by implementing safeties and insurances. There is a library of over 600 commands that enable calculations, chart plotting, signal handling, position management and more.

About the Author

Evan Jones CryptoVantage headshot

Evan Jones

Evan Jones was introduced to cryptocurrency by fellow CryptoVantage contributor Keegan Francis in 2017 and was immediately intrigued by the use cases of many Ethereum-based cryptos. He bought his first hardware wallet shortly thereafter. He has a keen and vested interest in cryptos involving decentralized backend exchanges, payment processing, and power-sharing.