Cap.Club – Overview of the trading bot constructor. Reviews of the project and can it be trusted

Continuing the review of relevant tools and services that allow you to avoid most of the fatal mistakes of crypto traders. Today we will look at a bot builder for cryptocurrency trading - CAP.club. Rightfully, the service can be called a constructor due to the convenient functionality offered in the form of a visual strategy editor. We won't get ahead of ourselves; let's break down the service step by step with further testing of its operation and figure out how it can help earn money. For the impatient, we have convenient navigation on the right side of the article.

Earlier, we made a brief review of popular bots for cryptocurrency trading

Characteristics of the Cap.Club Service

The Cap.Club service is a toolkit for working with bots based on ready-made trading strategies, as well as creating them with subsequent flexible customization.

Year of establishment: 2019 - release in October 2018
Available exchanges: Binance, Bittrex
Account security: 2fa
Connection to exchanges: API (What is this?)
Payment: 1 Tariff - $30
Free mode: Yes
Demo mode: Yes

In demo trading, 1000 USDT is credited without connecting the exchange via API keys. In trading, all quotes are taken from the exchange, but when it comes to orders, their execution is emulated based on the existing order book at that moment on the exchange.

Bot Building

For the uninitiated, in simple terms, the principle of operation of trading bots involves automated opening and closing of trades without human involvement according to a given algorithm. For example, we tell the bot: when the price of an asset rises to point A, place a sell order 2% below that point. IF the price retraces to the order - SELL, IF the price does not retrace to the order but goes higher, move this order up following the price until it returns to it.

This primitive example describes the operation of the already popular tool Trailing Take Profit, which, along with many others, is available on Cap.Club.

Let's take a closer look at the process of creating a bot aimed at such work:

After a simple registration, you will have access to the following window:

What we set up here:

Choosing a strategy that the bot will operate on. There are 4 available: My Strategy (editor for your own), Smart Sell (smart selling of previously purchased coins), Smart Buy-Sell (buying and further selling), Smart Sell-Buy (regular short, the coin is sold and bought upon reaching TP)
We selected the exchange, chose the trading pair, in our case it's Binance Coin, which we reviewed earlier review. The condition immediately means that the purchase will occur immediately at market value
For the trade, we chose 15% of the balance in bitcoins, why so much? Because 15% is not from the entire deposit (which is divided into different altcoins), but only from the BTC deposit.
We told the bot to place a sell order when the ASK rises by 6% and enabled Trailing, thus allowing the price to retrace by 2% back upon reaching the TP order. This means the minimum profit we will secure will be 4%
We enabled StopLoss (SP) to partially insure our loss. Trailing on the stop loss works similarly to trailing on TP, just in the opposite direction: upon reaching SP, the order does not trigger immediately, allowing the price to drop below by 2% from the SP order.
Here we will see the strategy we placed.

Visual Strategy Editor

The button is located in the strategy selection window

An annotation on working with the editor has been written by the team and is available at the link - Visual Editor. Help

This is something worth learning to work with, and what other similar services lack. All the above settings for our small strategy would look as follows in the graphical editor.

The first question that arises is why it is needed if there is a traditional panel. Firstly, when building your own block-type strategy, your brain starts thinking differently; the more you master the tool, the easier ideas for implementation come to you that you hadn't thought of before. Secondly, this option allows you to make your strategy even more flexible and diverse by launching blocks in parallel.

For example, you can make the bot buy a certain cryptocurrency for a certain amount of deposit, provided that another cryptocurrency rises.

Security

To connect to exchanges, API keys are used, the same ones you configure on the exchange itself for connecting third-party services, and you set the access rights to your account yourself. To connect an exchange on Cap.Club, it is enough to allow the opening and closing of orders. Thus, the service cannot withdraw money from the account or change account data, no matter how much it wants.

Another important security measure is the ability to enable two-factor authentication, allowing you to "double lock" access to your account. To authorize, your data will not be enough; a smartphone with the corresponding application will be required. Usually, this is Google Authenticator.

As mentioned above, the goal of the service is to make working with trading bots more accessible to a larger number of people. Hence, we have a relatively easy-to-understand interface and an intuitive logic of operation.

Notable Advantages:

Order placement is lightning fast; it feels like it wouldn't be as quick on the exchange itself.
Live mode for the income column in the table with working bots. You see live how the results of your strategy change.
Intuitive interface, unlike the overloaded Bitmex, where registration on the exchange should come with an instruction manual; here everything is clear, with appropriate helpful hints.

Project Team

There is little information about the people behind the project, but after communicating with the team that is open to contact, it becomes clear that it is simply a temporary oversight of the site, and soon information about them will be updated.

Nevertheless, the founder of the project Anton Gudyrev is publicly open. He shares links to his social media profiles upon request:

Linkedin - https://www.linkedin.com/in/puzzzi/

The company's office is located in Saint Petersburg, Bolshaya Zelennina St., 24, Business Center Grani, 8th floor.

Cap.Club Reviews

Since the service is quite young, there is relatively little substantive feedback about the project on the internet. Among useful links, one can find discussions of the service among users at this link to the Bitcointalk thread.

From what has been found out there: