Veles Finance: Is it Reliable, How Does it Work? Analysis of the Platform for Creating Cryptocurrency Trading Bots

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Veles – a platform for creating trading bots. It allows you to save free time by creating automatic trading for Binance , Bybit , OK , Binance Futures , Gate.io , cooperative . The bots open transactions independently as per the previous design. The platform is suitable for using long and short, martingale strategies. One of the important advantages of the system is that there is no registration fee: Veles takes a percentage of the profitable business, but it doesn't exceed $50 per month.

Official website: https://veles.finance/

Profit experts have studied the project and prepared a review of Veles trading bots, performance, and features of using the platform. We will analyze in detail the available opportunities that offer the benefits of making money.

Briefly about the main issue

  • Veles Finance is a platform where you can create your own trading bots for cryptocurrency trading.
  • Support exchange Bybit , OK , Binance , Cooperation and Cooked . Platforms – Bitget , BingX , KuCoin .
  • With the help of Veles Finance trading bots, users can create their own trading strategies. You can create your own bots or use ready-made solutions.
  • To work with the platform, you need a Veles account, which can be created on the official website of the service. The team consists of specialists who help users set up and improve the performance of their bots.
  • Setting up a bot on Veles Finance includes choosing a strategy, setting values, and choosing a cryptocurrency for trading.
  • Veles Finance bots can work 24/7 according to the user-defined schedule, which allows you to optimize the process.
  • Veles Finance trading robots are suitable for both for young people as well as for experienced traders, due to its flexibility and variety of conditions.

general information

Discrimination Veles
O site official https://veles.finance/
Start year 2020
Services provided Trading bots for cryptocurrency exchanges
Supported variables Binance, Bybit, OKX, Binance Futures, Gate.io, HTX
Your brand What
Bot Prices 20% of sales profit, but no more than $50 per month
Bonus up to $10 for sign
Transfer program Up to $15 per month (30% commission) per referred user
A mobile device no, but the site adapts to the type of phones and tablets
Identity information https://help.veles.finance/ru/
Technical support TG – @VelesSupport

[email protected]

Social media https://twitter.com/velesfinance

https://t.me/VelesFinanceEn

https://www.instagram.com/veles.finance/

https://www.facebook.com/Veles-Finance-112071287912264

https://www.youtube.com/channel/UCFczaz_pXHDqHNVtcZ4BJWw

Operation Veles

The site has a clear interface, so the user does not need any professional knowledge to set up and launch bots. Detailed text and video tips are provided for all the main parts of the work, ready-made templates are a good choice for those who feel that they are not yet strong enough to develop business strategies.

Traders can fully customize the Veles platform trading bot using a vast set of individual parameters.

Account deposit is made with cryptocurrency (BNB Chain, Tron and Polygon networks).

Rates

Veles Finance – costs

Payment for using Veles platform bots is a commission in the amount of 20% on the profit obtained from transactions carried out by the bot. The commission for one month will not exceed US$ 50 .

Payment is withdrawn in USDT from the moment the first profit is received. As long as the user does not make transactions using bots, no fees are charged.

Register

Access the official Veles website and click on the “Register” button in the top right corner. Enter your registration details: email address, password, referral code (if you have one). Email verification is not required.

Veles Finance – registration

After registration, your account will be created where you can take simple tests and earn $10 for them. This bonus cannot be withdrawn, but it can be used for trading (and the profit already earned can be withdrawn).

By clicking on the account name in the upper right corner, you can go to the “Notifications” section and create notifications about trade subscriptions, trade subscription management, their completion or errors, and connect your Telegram account to your Veles account. Here in the profile section you can contact the Veles team and manage the exchange API keys.

Veles Finance – profile

Site inspection

The main page of the Veles platform shows the following information about the created bots:

  • Name;
  • status (waiting for signal, agreed, in progress, stopped);
  • securities broker;
  • deposits;
  • the shoulder;
  • an indicator;
  • trading pairs.

The page offers a variety of options for managing bots and allows you to track errors. If necessary, you can go to a specific bot's page and edit it. The platform makes it easy: you don't need to be a professional trader to create a bot. You also get a demo with ready-made bots and a strategy developed by the Veles team.

The platform has a large number of ready-made trading strategies that you can use.

Veles Finance – ready-made bots

Creating bots

The Veles trading bot is created by clicking the corresponding button on the main page after registration. It is recommended to set a minimum deposit for the bot from $50 to $100.

Steps to create a robot:

  • Choose one Exchanges of cryptocurrency.
  • Choose a pre-generated API key for your desired exchange or generate a new one. There are tips for creating keys directly on exchange websites. In short, on Binance, an authenticated user can create a key in the “API Management” section and check the “Enable Spot and Margin Trading” and “Enable Futures” checkboxes. Restrict the ability to withdraw funds. Add the created key to Veles.Finance by clicking “Add new API key” during the bot creation process. Users of the Bybit and OK can connect to the exchange with one click.
    Veles Finance – connecting to exchange using API
  • Choose an algorithm – Long or short term . There are now two options available: Long and Limited . In the first case, when the price falls, the bot creates orders to buy shares, and when the price rises, it sells everything it bought at a profit. In the second case, when the price rises, the bot places sell orders, and when it falls, it buys everything that is sold at a lower price. The algorithm selects parameters such as transaction volumes, order grid density, etc.
  • Set the deposit and profit, as well as the margin type.
    Veles Finance – deposit processing and margin type
  • Choose a trading method: fixed, hostile or moderate – the ratio between profit and risk depends on this. Typically, the higher the expected return, the higher the risk. When choosing a standard, all parameters are filled in automatically, but an experienced user can change them. These parameters include the number of orders in the grid, the interval between positions and the profit at which the transaction cycle ends. Veles sets the correct settings by default.
    Veles Finance – choosing a business model
  • In the Profit section, you can create multi-takes, with the help of which the best position is set in a certain way – while the price is moving. And stop loss at breakeven, which works in conjunction with multi-takes and draws the stop loss at the first take so that the position does not close badly in case of a reversal.
    Veles Finance – Profit Section
  • In the filters to start the bot you can choose an indicator, after receiving the indicator the bot will enter the trade.
    Veles Finance – Bot Launch Filters

Veles also provides users with the ability to monitor ticks using special filters. The platform has already implemented an impressive list of indicators for the best trade entry, now there are more than 20, including: (RSI/CCI/Bollinger Bands/Moving Averages (SMA, EMA), Stochastic, MACD Trend Oscillator, etc.). ., as well as rights indicators by registration.

The platform has implemented widget integration TradingView so that it is easy to use this tool before launching the bot.

Veles Finance – TradingView Integration

To always know the status of the bot and get information about successful transactions, Veles recommends connecting the Telegram bot to the user's personal account.

Veles Finance – creating notifications

Veles has also prepared an impressive statistics section, where you can inquire about the recent and completed profitable bot work.

Advantages and disadvantages

LBH

Does Veles finance anyone?

A platform for creating and launching trading bots for cryptocurrency trading on popular exchanges.

What is the official website of the Veles Finance bot?

veles.ativos. Available in 7 languages.

On which exchange do Veles bots work?

Binance, Bybit, OKX, Gate.io, HTX.

Cost of using bots?

20% of each profitable trade, but not more than $50 per month.

Is identity verification required?

No, email registration is sufficient.

Is it possible to create your own policy?

Yes, you can link a TradingView strategy. You can also choose a well-designed pattern and customize it to your taste.

What is the help for beginners in Veles Finance to create a bot?

Video features, extensive wiki section, free chat.

Is there a Veles mobile app?

Not yet.

Is there a referral program?

Yes. Earn up to 30% in referral fees, that’s up to $15 per month per referral.

What do you think about Veles Finance?

There are both positive and negative opinions about the project on the Internet. Both are not credible, as they seem artificial. Do your own research and start small.

Register on link and receive R$10 to test the platform. Convince yourself of the reliability and convenience of the project through your own experience.

Conclusion

The Veles trading bot platform is suitable for beginners – it is a combination of a clear and accessible interface, many educational tools and ready-made strategy templates. At the same time, experts will also find it attractive, as it is supported by famous cryptocurrency exchanges, the ability to prepare manual strategies and the low registration fee.

It's simple that no platform promises a guaranteed profit, but at least if there is no profit, you don't have to pay to use the bot. The platform offers consulting services and a wealth of historical information.


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