Wunderbit Trading Review: Crypto Trading Bots & Social Trading

Wunderbit Trading is a cryptocurrency exchange and social trading network that allows you to trade yourself on the platform, copy-trade the best crypto traders with a transparent track record or, create a fully automated crypto trading bot using TradingView.

While there are several cryptocurrency trading bots out there, Wunderbit Trading offers an innovative service to help you find the most profitable crypto bots and real traders using the most popular cryptocurrency trading exchanges.

Each trader and cryptocurrency bot's records and recent trades are verified on the platform. While copy-trading doesn't necessarily guarantee profits, the Wunderbit Trading platform is a great tool for traders and investors of all experience levels to learn how to trade cryptocurrency. 

wunderbit trading

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What Is Wunderbit?

Wunderbit is a fintech company that provides cryptocurrency services and applications to drive the real-use adoption of cryptocurrency. The company is a licensed, accredited and regulated financial institution that allows its clients to buy and sell Bitcoin safely and securely.

Pricing

Free

Supported exchanges

Binance

FTX

Deribit

Bybit

Number of exchange APIs

Unlimited

TradingView integration 

Yes

Copy-trade profitable traders & bots

Yes

Number of alerts per automated bot

Unlimited

What Services Does Wunderbit Offer?

Wunderbit offers several products that includes a fiat to crypto exchange, Over The Counter (OTC) services, an advanced trading terminal, automated crypto strategies, trading bots and a social trading platform.

  • Wunderbit Exchange is a cryptocurrency service that allows individuals around the globe to buy Bitcoin & Ethereum with VISA and MasterCard. The exchange prides itself on providing the best exchange rates and low commission fees.
  • Wunderbit Commerce is a payment service provider that allows merchants to start accepting Bitcoin payments using their website, in person or even by email.  
  • Wunderbit Trading is a multiple exchange crypto trading terminal that includes copy trading and automatic trading bots. 

Wunderbit Trading: Smart Crypto Trading

Wunderbit trading exchange is an innovative platform that connects several of the best cryptocurrency trading exchanges in the world. Users are equipped with advanced tools to trade and invest in cryptocurrency seamlessly from a single trading terminal.

Wunderbit's social trading platform provides insight into the strategies of the best crypto traders with full transparency and trade history to copy for yourself or create a fully automated copy trading bot using TradingView. Creating an automatic strategy allows you to set a take profit and stop loss order on every exchange connected to the platform.

Wunderbit Trading Features

Wunderbit Trading comes with new and innovative features to increase the potential profitability of trader's investment while managing risk with portfolio management tools. Wunderbit's social trading platform to find and copy profitable traders with a proven track record is a game-changer. Other amazing features of the platform include:

Smart Crypto Trading Automation

Trading automation is a flexible method of creating orders for smart crypto trading. You can add and edit Take Profit and Stop Loss to any order on exchanges like Binance and Kraken. With automatic trade, you also get the option to simultaneously handle as many crypto trading accounts as you wish. This literally means Wunderbit Trading does the trading for you while you can relax and enjoy the gains.

Free Crypto Trading Terminal

Unlike other trading platforms, all the trading tools offered by Wunderbit Trading are completely free. Traders can initiate trading with zero commission per trade without any monthly subscription or fees.

Social Trading Market Place

Wunderbit Trading makes trading easier by connecting you with thousands of new investors, helping you gain consistent profit by automatically applying your trading strategies to investor’s portfolios. Ýou can become the best crypto copy trader and make extra profit as a percentage of investors’ capital gain.

Multiple Account Management

With Wunderbit Trading, you can manage portfolios of multiple crypto exchange accounts simultaneously without needing to execute the strategy on each account in the terminal. Furthermore, traders can connect and manage portfolios of existing external investors’ investment into Wunderbit Copy Trading through API without registration.

Pyramiding Bot Automation

Wunderbit Trading platform has introduced a pyramiding feature for bot automation. This allow users crypto trading bots to scale into a position and provide a flexible exit strategy that can be triggered manually or automatically via the bot.

Supported Crypto Exchanges

Wunderbit has integrated into popular cryptocurrency trading exchanges to bring different trading products such as the spot market, options, futures, derivatives and leverage tokens. Users can find and copy trade the best performing traders and investors on the world's leading cryptocurrency exchanges such as: 

wunderbit trading exchanges

The team behind Wunderbit are actively working to bring further integration to other global cryptocurrency platforms like BitMEX, OKEX and also Kraken.

Creating An Account With Wunderbit Trading

To create an account with Wunderbit Trading, the registration process is straight forward and takes a few minutes to complete. To get started, follow these simple steps:

  1. Visit the website https://trading.wunderbit.co
  2. Click on the 'Sign Up' button in the top right-hand corner
  3. Enter in your email and set a strong password
  4. Verify your email address using the verification code
  5. Login to Wunderbit Trading using your new credentials

Once you have created an account, it is recommended practice to turn on Two Factor Authentication for additional account security. This can be accessed by clicking on the 'Settings' link at the top and then 'Security' to activate 2FA.

wunderbit register

Wunderbit Trading Terminal

The Wunderbit Trading terminal is integrated with the popular Tradingview chart which most crypto traders will be familiar with. The user-interface is simple, elegant and provides technical indicators and drawing tools that you would expect.  

Wunderbit trading terminal

On the right, you can select the cryptocurrency exchange to connect to, crypto pair to trade, choose to long or short, set take profit and stop loss levels and the amount of your trading balanced to allocate to the strategy. 

Marketplace: Copy Profitable Traders

Wunderbit includes a leader-board to view and compare your trading performance and strategies with other traders and automated bots which can be accessed through the Wunderbit Marketplace. 

You can filter the results to find the most profitable crypto traders on popular exchanges such as Binance, FTX and Bybit. A summary of each trader's statistics such as volume, average P&L%, active bots and the number of trades is displayed. The trading results can be further examined by clicking on the 'Show' button.

Wunderbit copy trader

Wunderbit users can select a trader or bot to view in detail the trading performance. Browsing the report section you can assess the following trade information:

  • Cryptocurrency pairs traded
  • Trading exchange used 
  • Entry price  
  • The direction of the trade (e.g. buy or sell)
  • Trade volume
  • Take profit and stop loss levels
  • Average P&L
  • Position status

Whether you decide to copy trade or not, the Wunderbit Market place can be used to provide insight into the trading activity and strategies of the best cryptocurrency traders in the world.

Wunderbit copy trading

You can also copy trade profitable crypto trading bots on Wunderbit Trading platform. The process works in the same way as described above. There are additional options to filter the crypto trading bots based on criteria such as:

  • Trading period (e.g. 7 days or a week)
  • Crypto exchange
  • Trading pairs
  • Time frames (e.g. 1 hour, 4 hour or daily)
  • Leverage amount

For example, you can use the filter to view bots that are trading BTC/USD pair on Bybit exchange. Once you have filtered the bots, now you can dive in deeper to analyze the strategy and view all the recent trades, position-sizing, trade direction and leverage amount.

How To Profit From Copy Trading Automated Bots

To start copy-trading automated crypto strategies and bots, access the Wunderbit Market place and browse through and find the most profitable automatic trading strategies created by other traders on the platform. Using the filters and drop-down menus, search for a specific bot that trades a certain cryptocurrency pair, exchange and trading time frame.

wunderbit copy trade

Once you have selected a crypto bot, you can start following their trades and the Wunderbit Trading platform will automatically place buy and sell trades on your behalf.

You can back-test each trading strategy to ensure consistent profitability is generated each month before placing trades. There is no coding experience or technical skills required to copy-trade immediately using the most popular crypto trading sites. 

Pros & Cons of Using Crypto Trading Bots

Before jumping in and copy-trading an automated crypto trading bot, users should consider the pros, cons, risks and benefits.  

Advantages

  • Automatically place trades when you're away from the markets
  • Take the emotional stress out of crypto trading
  • Back test a trading strategy to ensure consistent equity growth

Disadvantages

  • Requires technical analysis expertise to create and execute a trading bot
  • Time-consuming to modify strategy and coding to obtain consistent profits
  • Market dynamics can adversely affect the performance of the bot 

Wunderbit Trading Fees

Wunderbit Trading is a free platform for both investors and traders. There are no monthly subscriptions or premium accounts. Users can create an account without any restriction on the number of exchange APIs that can be connected to a Wunderbit Trading account. 

wunderbit trading fees

Frequently Asked Questions

What Is A Crypto Trading Bot?

A cryptocurrency trading bot is an automated strategy that use predetermined rules and conditions. Once the condition is met on the live cryptocurrency pairs, the trigger is initiate which will place a trade position automatically.  

How Much Is Wunderbit Trading?

Wunderbit Trading is a free service to crypto traders and investors. The platform does not charge a membership or a monthly subscriptions fee to start trading or copy-trading automatic bots.

Is Wunderbit Safe?

Wunderbit Trading is a safe platform that does not store any crypto funds. Users connect to crypto exchanges using an API and configure the permissions through their own user account.

The automated crypto trading bots will perform trades on the exchanges you connect via API. The bots can be provided with limited access and authority to execute trades only. Permissions to make withdrawals can be disabled which keeps the users funds safe while using Wunderbit Trading.

Wunderbit features Two Factor Authentication which can be activated to increase the account security. 2FA can be activating on the account by visiting the 'Settings' page.

Conclusion

Wunderbit Trading is an innovative new multi-exchange service that allows users to trade crypto directly using the Trading Terminal, or copy the best traders and automated crypto trading bots on the most popular crypto trading platforms in the world.

The ability to browse hundreds of automated crypto bots and trader's performance in the marketplace is a great asset. We think the platform includes a number of features that will benefit traders and investors of various experience levels searching to increase profits on their crypto portfolio.

To conclude our Wunderbit Trading review, it is a superb automated trading bot platform that is simple to use, well designed and we recommend you check them out.

Risk management tools and platform features are very important for any prospective cryptocurrency investor. The following cryptocurrency trading exchanges - in addition to the above exchange - provide advanced trading features, technical indicators and a smooth, mobile-responsive charting interface that will be suited to beginners and professional crypto traders. 

  1. Bybit
  2. PrimeXBT
  3. BiKi
  4. Binance
  5. Plus500
  6. FTX
  7. Crypto.com
  8. DueDEX
  9. Stormgain
  10. BLADE
  11. HotBit

Wunderbit Trading

4.15

Ease of use

3.5/5

Reputation

3.5/5

Pricing

5.0/5

Security

4.8/5

Customer support

4.0/5

Pros

  • Take the stress out of crypto trading
  • Copy-trade the most profitable crypto strategies
  • Free of charge to use
  • Create and back-test trading bots
  • Supports the major crypto exchanges

Cons

  • Requires technical skills to create a bot
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Kevin
Kevin is the founder of hedgewithcrypto and is passionate about blockchain technology. He has been involved with Bitcoin since 2016 after discovering it's potential as an alternative to fiat currency. He is also a trader with over 8 years of experience and is now trading crypto using various platforms. Now, he is focussed on helping others learn about cryptocurrencies via hedgewithcrypto.