Meet Balumbo -
Your automated algorithmic trading bot!
Balumbo offers automated trading algorithms that rely only on live technical analysis. With Balumbo you can expect realistic returns.
Let Balumbo do the work! Depending if you have chosen your own configuration or the recommended dynamic configuration, Balumbo will automate your trades for you through our servers. This happens 24/7, 365 days a year or until you turn it off.
With Balumbo you can set your own stop-loss, take-profit, the timeframe to trade on, and how much of your account to trade. With more future features coming.
It does not matter if you're a rookie or a pro trader. Balumbo offers service to everyone inbetween with our automated algorythmic strategies accessible for members!
For future references, you can expect updates such as more supported cryptocurrencies, Forex currencies and eventually stocks.
Every trade happens through supported APIs. We currently only support Binance API, currency BTC/USDT
Balumbo does not accept
"Enable-withdrawals" API keys. Your funds lie safely on your Exchanges and are not held or withdrawn through Balumbo.
How does it work?
1. You create an account and choose a plan. Via your accounts dashboard, you can then input your personal API-key / Secret-key which will be found on your exchange. Balumbo offers a setup guide for this step. Currently, we only support Binance!
2. Once you've connected your Exchange you're ready to go. All you really need to make sure is that you already have available funds on the Binance exchange, otherwise Balumbo won't be able to trade.
3. Once Balumbo has started, you will be able to easily follow Balumbos progress via the dashboard and via every logged trade made.
45 minutes - BTCUSDT
Since May 1, 2020
It does not matter if you're a rookie or a pro trader. Balumbo automizes the already existing trading strategies that are proven to be successful.
Eliminating our emotions from trading is very important due to the negative impact it can have. In many cases, our "fight or flight" instincts prevent us from being successful traders. Balumbo does not have these instincts but instead relies on the mathematical aspect of the matter.
We have studied strategic and algorithmic trading for many years and we have now made our automated trading strategies accessible for everyone!
Here's a few reasons to chose us!
Can trade 24/7, 365 days a year
Zero emotion, focus on the mathematics
Automated stop-loss and take-profit
Higher average success rate
Push to start, zero work
Can't physically trade 24/7
Emotion depending on experience
Manual stop-loss and take-profit
Inconsistent success rate
A lot of work, monitoring etc.
Automated trading on supported currencies
(Depending on skill)
Limited manual trading on different currencies
FAQ - FREQUENTLY ASKED QUESTIONS
Does Balumbo store any of my funds?
No, your funds lie safely at your own exchange.
Can Balumbo withdraw my funds?
No, only you can do withdrawals.
Does Balumbo take any commission?
No, billing only occurs monthly at a fixed rate depending on which plan you've chosen.
Will Balumbo guarantee 100% profitable trades?
Balumbo is proven to deliver a success rate between 60-70%. Thus it cannot guarantee a profit on every trade. However, failed trades are countered with a higher take-profit to stop-loss margin.
When can I cancel my subscription?
How many trades does Balumbo do every month?
Balumbo usually does around 5-10 trades per month depending on the market status. Sometimes the number of trades can be fewer than normal!