When it comes to trading cryptocurrency, automated bots stand tall with their overall prowess. But with a plethora of trading bot solutions, it can get difficult for you to choose a program that is as efficacious as you want it to be.
Tuned is one such crypto tool that highlights the creation of advanced trading strategies as its crown jewel. If you have been looking for a cryptocurrency trading solution that lets you customize your strategies to the last detail, you may have not only heard of the program but also seriously considered using it at some point.
To help you discern if Tuned is worth your time, here is a lowdown on everything that Tuned brings to the table as a crypto trading bot.
⌛ What is Tuned and How Long Has It Been in Business?
Established in late 2019, Tuned is a cryptocurrency trading strategy creator and a bot that lets you automate your orders. The program prides itself on extensive customization of its trading strategies, which makes it stand out among many other crypto bots that run short of these features. However, the program requires you to create these strategies through coding instead of a graphical user interface (GUI).
Tuned uses over 100 indicators to let you build highly-customized strategies. These indicators range from basic offerings to complex options, which adds some versatility to the mix. This quality also lets you create diverse strategies with some investment of time and effort. You just need to have some information about coding.
As mentioned above, these functionalities set Tuned apart from many other cryptocurrency bots that do not offer these qualities. However, these solutions remain on par with what many other tools with advanced features bring to the table.
Tuned also lets you create licenses to monetize your existing strategies. This gives you another way to generate revenue through the program than simply buying and selling cryptocurrencies. With that being said, this is often a long shot than a surefire way to improve your income.
Tuned supports the following crypto exchanges.
- Binance
- Binance Futures
- BitMEX
- ByBit
- FTX
- Coinbase Pro
Tuned recently announced that it has added Kraken to its list of exchange integrations. However, the information remains to be marketed through a more aggressive approach. For now, it is not even mentioned on the program’s list of supported exchanges.
💡 How Reputable is Tuned?
Tuned operates on the basis of being an advanced cryptocurrency trading bot with complex features. But it doesn’t have a firm grasp over its target audience within the crypto industry. Despite being in the business for nearly 2 years, it has a limited fan following and outreach.
However, Tuned does have a niche albeit small user base. Many users that have utilized Tuned seem to be satisfied with its offerings. But almost no one goes out of their way to sing praises of the platform’s functionality. In a sector where word of mouth is just as important as the quality of services, this sets Tune back by a few leagues as compared to its competitors.
That is why it is important that you consider all your options and move forward with Tuned with a certain sense of vigilance. This makes sure that you are able to make informed decisions about choosing Tuned over other options even as you continue to use it. In turn, this constant review of the software and what it offers to you allows you to make the most out of your decision and investment.
💰 How Much Does Tuned Cost?
Tuned comes with three different pricing packages. The main difference between these packages is the number of batch backtests that you can run at a time. Other differences come in the form of testing speed.
The features that are available across all packages include the following.
- Share Links
- Data Bulk Export
- Strategy Versioning
- Unlimited Backtesting
- Unlimited Paper Trading
- Unlimited Live Runs
- Unlimited Batch Testing
- Full Cross Channel Support
With that in mind, here’s an overview of pricing and differences between all packages.
Free
As suggested by its name, this package is absolutely free and comes without any charges. Its limitations show in the form of a number of batch backtests and testing speeds.
- Price: Free
- Batch Test Limit: Up to 100 backtests at a time.
- Testing Speed: Limited, Pay-to-Boost
Community
While starting at a price of $75 per month, this package is free for now. It upgrades the number of batch backtests as well as its testing speeds.
- Price: $75/month, but free for now
- Batch Test Limit: Up to 50,000 backtests at a time.
- Testing Speed: Community Pool, Pay-to-Boost
Performance
As the premium offering from Tuned, this package comes at $300 per month. It upgrades massively on the number of batch backtests and boosts testing speeds.
- Price: $300/month
- Batch Test Limit: Up to 250,000 backtests at a time.
- Testing Speed: 10x Faster than other packages.
It is important to note that Tuned does not provide a direct explanation about the Pay-to-Boost or Community Pool features in its FAQ section. Since there are little to no reviews available for Tuned on third-party platforms, it cannot be said for certain that these features work fully for any user and do not just stand out as marketing points alone.
😎 How Easy to Use is Tuned?
Tuned requires you to code your way through creating your trading strategies. You can use your own codes or utilize pre-made scripts to cut the time short for developing custom strategies. This step requires you to have sufficient knowledge of coding. Otherwise, you may feel lost in using the program to your benefit.
To display these trading strategies and indicators, Tuned has a conventional GUI that is reminiscent of traditional design. The visualization of graphs and charts makes it easy for you to identify the program’s performance as well as market activity. This particular interface is significantly familiar if you have used trading programs before.
But once you have applied a trading strategy to your Tuned account, you can use the GUI to perform functions such as backtesting or paper trading. This makes the program easier to use and does not require you to continue using strings of codes after you have utilized them for creating your trading strategies.
Tuned does not require you to install the program on your computer. Instead, its application is hosted on a web server and can be accessed from anywhere. This contributes to the ease of use. That is to say if you have knowledge of coding and creating trading strategies afterward.
To summarize, Tuned’s creation strategy feature has a hurdle in place for those who don’t know coding. But once you jump past that particular requirement, you are able to use the GUI as a regular trading program. This pegs Tuned as a mix between being difficult and intuitive to use for crypto traders.
🛡️ What Kind of Security is Offered?
Tuned hosts its web application on a secure server, which is a basic requirement for most websites and especially those that deal in any kind of financial data. It also utilizes two-factor authentication (2FA) for extra security.
By enabling 2FA, you can trigger an additional verification request each time you login to Tuned. This verification request is shown on your phone either through Google Authenticator or Duo Mobile. This ensures that even if your Tuned account password gets compromised, you have a separate way to verify your identity and bar unauthorized access to your account.
For other foundational safety measures, Tuned does not ask you to share your exchange account login details. Instead, it connects to your exchange account through application programming interface (API) keys. Instead of asking for withdrawal access through your account, these keys only require your permission for making trades on the designated exchange.
According to Tuned, the platform is hosted on Amazon Web Services (AWS), which adds an extra layer of security to the platform. Tuned also mentions that all passwords and API keys on its platform remain encrypted and safe.
👨💻 How Good is Tuned Customer Support?
Tuned customer support is quite active through its Discord channel where it shares program updates and features. The team is also available through a help desk as well as other social media platforms. This makes it easy for you to reach out to the Tuned family when you need general updates and specific support alike.
However, Tuned customer support leaves a lot to be desired in the information department. Some distinct features such as Pay-to-Boost and Community Pool are not explained in the FAQs. This creates a disconnect between the value proposition and the target audience. It is one of the most frustrating parts or lack thereof on Tuned’s part and obscures the availability through other channels such as Discord.
With that being said, several basic features are explained thoroughly through the FAQs or help section. This ensures that you are able to acquaint yourself with what Tuned brings to the table as a cryptocurrency trading program.
If this is not your first time trading crypto, then you may find most of this information to be redundant anyway. With that being said, it is still highly helpful if you have never used a crypto trading program before.
💸 How Profitable is Tuned?
Tuned does not make any firm claims about profitability. But this is actually a good thing and adds to the overall reliability of the platform. It’s because no cryptocurrency platform or bot can firmly say how much profit you can make through it. Since crypto is highly volatile and market conditions can change within seconds, any software that makes promises to make you profit actually misses the mark.
With this approach, Tuned does contribute some much-needed authenticity to its operations. However, it still does not overcome the fact that Tuned remains an outlier in terms of connecting with the mainstream cryptocurrency community.
📢 Conclusion
With its advanced trading strategy creation, conventional visualization, and promise of 99.99 percent uptime, Tuned offers all the basics of a crypto trading bot in somewhat convoluted software. If you know coding or want to use free trading opportunities, then checking out Tuned might be a good idea.
However, if you need a more reliable name to associate with your trading adventures, you might have more luck looking elsewhere for your requirements.