With great power comes great responsibility. At least, this is what some philosopher or writer said at one point in time. This is quite important to understand when you are thinking about managing value in the cryptocurrency industry.
It is important for individuals who are looking at ways to automate their digital asset management and their overall trading to view the best possible options. Now, many people are aware of automated bots that will conduct the trading operations for you.
These robots will be pre-programmed by developers to view the markets based on specific ways and take action. You, the user, will let it manage your funds without letting it have access to withdrawals and other actions that make it to where your money vanishes.
If you are looking for a potential bot option, here is what you must know about the Cornix bot.
⌛ What is Cornix and How Long Has It Been in Business?
Cornix is a Telegram-based cryptocurrency bot, which means that it operates via Telegram commands and remains accessible through the popular instant messaging app. This makes it different from many other traditional cryptocurrency bots that are either available through their web apps or their desktop-run software.
Whether you are trying to connect to exchange or planning to make automated trades, they go through the Telegram interface. It is similar to using a chatbot that provides you with different options for your desired actions. This makes it a simple yet effective mechanism that lets you make trades from a familiar interface.
This also means that Cornix does not require you to have any additional software. All of the bot’s operations are carried out through the Telegram interface itself, which saves you from additional steps of software installation. But if you don’t already have Telegram installed, then the software comes with the requirement to do so.
Cornix was launched in early 2019. But despite being in operation for a couple of years, it works with a limited audience than other bots due to its focus on Telegram.
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💡 How Reputable is Cornix?
Is Cornix reputable? That is always a fascinating question to ask when you are looking at digital asset trading. You don’t want to waste your time. You know that time is money. You know that it means even more money in the digital asset sector.
If it means much more money, then it is necessary for you to have the best tools within the digital asset sector. So how reputable is Cornix?
Well, it is fairly reputable. By fairly reputable, we mean that Cornix has not had any major or minor backlash from the community. While it caters to a niche in the community, it is necessary to know that if there were murmurings of incompetency, hacks, or anything else, we would know about it.
But the point is that we have not heard anything about Cornix being a bad provider. We know that it serves a niche community and that this community would have a loud voice in pushing back and telling everyone else about their negative opinions.
We would also see some issues on social media platforms that range from Reddit to Twitter and other areas as well. The conclusion is that Cornix is a fairly reputable firm that should be on your radar if you are looking for simplicity. At the very least, it is worth a try and should be one that you use for your various needs for a while.
💰 How Much Does Cornix Cost?
Cornix has three pricing plans in total. Here is an overview of each of Cornix’s pricing plans.
The Initial Trial
The initial trial is the most essential trial. It allows the user to take advantage to obtain access to the platform for 14 days. The free trial enables individuals to have a taste of the platform and what it has to offer. This makes it to where individuals know what they are buying and can feel confident in what they are getting.
Of course, the initial trial is an almost staple part of the bot trading industry. More providers in this realm offer a free trial and this makes it to where any reputable provider will likely offer a free trial and access to their platform.
What is fantastic is that this provider will let you access the intermediate plan. The intermediate plan is a compelling one because it is the middle category. It gives a bit more than the basic plan and a bit less than the PRO Package.
The Basic Pricing Plan
The basic pricing plan provides the user with access to a few features.
But you will not have access to the fully automatic option. To be more precise, remember that this plan is semi-automatic, where the user must enter into a signal that is placed on the Cornix hosted channel that you are tied to. One can do so by tapping the “follow signal” widget.
You will find that the basic plan also offers manual trading, trailing functionality, simultaneous stop-loss options, and take-profit execution options as well as the notifications for trades and even the right level of support from customer service agents.
The Intermediate Plan
Remember that intermediate is a plan that has everything that the beginner plan offers plus one additional feature. This feature is quite compelling. The auto-trading feature enables you to quickly and automatically follow various signals that are present with great channels regularly.
The PRO Option
The PRO option lets you have everything that is present within the intermediate package but it offers a little more. It certainly offers a little bit more. You can have the Cornix mobile app, the various channel configurations that make the most sense for you, and one more feature. What do you get to have? If you guessed the TradingView option, you certainly guessed quite right!
You can get the TradingView integration and that adds a good bit of many different traders who are worth their salt. Of course, Tradingview is a platform that allows traders, both new and older, to take advantage of a cloud-based charting and social-networking application. The application provides charting, research, and analysis, and more.
That is why you will see that many traders will use Tradingview as they are watching the markets.
😎 How Easy to Use is Cornix?
Cornix is quite easy to use. It is quite easy to use because it rests on Telegram a messaging platform. You are able to source ideas and can automatically implement these ideas. What individuals appreciate about Cornix is that they do not have to conduct manual trading.
With its automated and one-click features, it presents various opportunities for simplicity. It also has a manual follow option too.
That means that you can manage everything right from your phone without ever having to touch your desktop. What’s even more beneficial is that you can stay away from the exchange and just do everything straight from your Telegram application.
Remember that you will need Telegram already installed on your Android or iPhone. Then search for @cornix_trading_bot, add it.
The bot will guide you through the process and get you through each stage to set up your bot.
From choosing group signals to creating your respective trades, or merely exploring the service, it is up to you to move in the right way.
Ensure to turn on notifications.
Then you will move forward and connect with the right exchanges and then progress toward finalizing the entire setup. What is fantastic is that everything takes place within the telegram application, which makes your life that much easier and simple. You never have to leave the application.
You also have to make sure to have accounts with Binance and other entities that you wish to automatically execute trades on.
Remember that users would have the ability to connect to Binance, Binance Futures, Deribit, Bittrex, BitMEX, and Huobi. This gives users a wide variety of opportunities and covers many markets.
🛡️ What Kind of Security is Offered?
Cornix offers the standard API aspect that enables individuals to keep their crypto assets safe and secure. Cornix takes safety and security seriously and provides users with various security options.
The application or entity will provide the right protocols that range from APIs as mentioned above to other mechanisms. The firm notes that it understands the value of sensitive information and ensures to keep it all as safe as possible.
The team at the firm has gone on and spent time with veterans, security experts, and other people who have security knowledge to store information safely.
Did you know that they will encrypt all information before they store it?
Further, the firm asks that you double-check your APIs to where they only have the right permissions. As such, you will stay safe and secure when using the platform. You will always have a keen watch over your funds and will ensure that it stays with you at all times.
👨💻 How Good is Cornix Customer Support?
Cornix is a very good customer support-oriented entity. You can find that it has great tools like Zendesk. Zendesk is a customer support tool that many professional entities will use. You can note that many tech firms will use Zendesk. Further, you can find that Cornix is present on Twitter, Telegram, and other areas where you can reach them.
You can submit a request through its platform or reach out to them through those other channels.
Many people note that this firm does respond as quickly as possible and they appreciate that the firm does its best to push forward and keep its customers happy. Everyone wants to have peace of mind when it comes to their digital assets. They want to make sure that they are growing their value and staying in the best financial shape possible.
So customers will know that customer support does matter and it means a great deal to Cornix as well.
💸 How Profitable is Cornix?
Cornix and its profitability will certainly vary. If you find any provider of automated bots touting that it is 100% profitable, it might be best to run away. Indeed, it might be best to run away as far as you can from these providers. But to the best of our knowledge, we do not see that Cornix touts 100% profitability anywhere.
To the best of our knowledge, we see that Cornix only shows that it can provide you with a fantastic tool that will conduct the execution of the trades for you. It notes that it can simplify the process. But remember that it never says that you can be quite profitable.
It never says that you will get rich from using the platform. It can not do that and other providers can not and should not do that either.
The reason why Cornix is great is that it collates the information and provides you with another tool that you always use, Telegram. If you are messaging, why not also automatically trade from Telegram? That genius and brilliant idea is why Cornix is an application that is appreciated by traders everywhere.
But the question is how profitable is Cornix? Well, as noted earlier, it will vary on the user. Is the user competent? Does the user know which settings to implement and how to read the market? How about the signals? Which signals are the reader following? Are the signals that the user is using legitimate? Are these signals from competent signal providers and groups? Then we have to look at the market, how strong is the market right now? Is it a bullish market or a bearish market?
Each of these factors will matter greatly and it will influence profitability.
They say never to confuse a bullish market for genius and they also say that it is best to stay safe and play your cards right in every market. The brains behind the operation are still you, remember that.
📢 Conclusion
Cornix is there for you with its simple automated bot in the telegram channel. It is safe, respected, and easy to use. It is up to you to use it. Are you interested in automating your trading right from your favorite messaging application? If you are, then Cornix might be right for you.