I know you must have been hearing about the trending Royal Q cryptocurrency trading bot, so, in this review, we will be reviewing the Royal Q bot. We are also going to affirm, If Royal Q bot is scam or legit, how to make money from it, the advantages of using it and many more.
Royal Q (Royal Quantitative) trading bot is a crypto trading tool that combines easily with a crypto exchange, hence paving the way for you to trade automatically.
If you consider auto trading the nice alternative to your rather awkward manual crypto trading, the Royal Q trading bot might be the exact tool you need for excellent auto trades.
In the simplest sense, using the Royal Q trading bot is very much similar to engaging the service of a crypto trading expert who does the job of market analysis, risk evaluation and purchase/sale of crypto assets. If you’re damn ready to hand over your crypto trading job to a trading bot like Royal Q, you may begin to see yourself as a boss who has just engaged the service of an expert crypto trader.
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As implied earlier, the Royal Q trading bot combines with a crypto exchange but the downside here is that apart from Huobi and Binance, no other crypto exchange platform can be integrated with the robot as of the time this post was written.
In this Royal Q trading bot review, you’ll find out how the crypto trading bot works. Particularly, this review is a comprehensive post and as such, it covers further information about Royal Q registration process, activation of Royal Q account, getting started with Royal Q bot trading and ways you can make money with Royal Q.
How to Sign up for Royal Q
Signing up for Royal Q is a lot easy. You can attempt the registration process via the link here.
The link above will take you to the Royal Q sign-up page where you’ll have to input the necessary information in the fields provided.
You’ll have to start with your valid email address and then the Send Verification Code button which lets you proceed with the registration.
Tap the Send Verification Code button so that you can have the code sent to your mail. Input the received (verification) code in the relevant field.
Then, input your login password (which can be anywhere between 6 and 20 digits). Confirm the password, as required, and hit the Register button.
Once this account registration is complete, you’ll be provided with the download link for the Royal Q app. Downloading the app via this link saves you the risk of ending up with an imitative (but different) app coming from Play Store.
Getting Started with Royal Q Trading: Here’s What You Need to Do
The first thing you’ll have to do is signing up for a Royal Q account. If you haven’t registered with Royal Q yet, you may check the sign-up process explained earlier for your registration.
Once your registration is complete, you may download the Royal Q app from your phone’s app store –Apple Store for iPhone users and Google Play Store for Android users.
The next step is linking your Binance or Huobi account (as the case may be) with the Royal Q app. In the case of Binance, you’ll find the step-by-step procedure for connecting Binance to the Royal Q app later in this post.
One thing you must note is that linking your Binance/Huobi account to the Royal Q app is a necessary step towards kick-starting your Royal Q trading journey.
Another thing to note is that you’ll be charged a one-time activation fee which sustains you for a whole year. While this activation fee translates into 120usdt, 24% of the fee (alternatively $20) is set aside as gas fuel while the bulk of the fee ($100) represents your one-year subscription.
Frankly, Royal Q won’t charge you any fee other than the 120usdt activation fee just mentioned. With this, you can rest assured that your trading capital isn’t going to Royal Q. Instead, the money will sit in your Huobi/Binance account where you can keep a watchful eye over it.
What is Royal Q bot?
The Royal Q cryptocurrency trading BOT is an Android or IOS app that has been integrated with a set of commands to give traders trading signals, so they can determine whether to buy or sell a cryptocurrency pair at any particular given time.
This app is developed and owned by a Chinese entity, Royal Q trading bot can aid you in the automation of crypto market analysis, collect crypto market data, help identify potential crypto market risk, and also buy or sell assets.
The Royal Q bot will save you time as well as losing your money while trading for yourself, you will be guided by it, you can think of it as an expert crypto coach or trainer. You just need to set it up, then sit back and relax while it trades crypto for you on autopilot.
Royal Q bot pros
Simple and straightforward to use: Royal Q bot have no hidden agenda at all, even someone that is not tech-savvy can use it. Users can get fool-type quantitative financial management by simply binding the Huobi and Binance Exchange APIs, selecting the relevant currency, the associated intelligent strategy style, and one-click start.
Live and real-time strategy analysis: It displays a live feed update of what’s going on in the crypto market and make sure that you never lag behind on vital information which can help you make critical trading decisions. You will be taken through the bull and bear market.
Artificial intelligence algorithm: 24/7 continuous intelligent tracking, robust data analysis and processing capabilities, and execute relevant operation strategies are all part of the artificial intelligence algorithm.
Quantitative Trading Techniques: The system employs artificial intelligence algorithms to match quantitative trading strategies that are appropriate for the present market scenario, removing the issue of quantitative trading users, unprofessional judgments of trends and failing to match in time utilizing corresponding techniques.
Royal Q bot cons
Trading bots are not perfect: Not even Royal Q bot only, but all trading bots in general. They are just robots that have been programmed with a set of commands which will allow them to foresee crypto markets so they can place buy or sell orders based on analysis, but sometimes, they might encounter programming errors which will make them trade crypto assets that will not favour you and in turn, you lose money.
How to setup Royal Q trading bot
Before you can start using Royal Q crypto trading bot, you need to integrate it with a 3rd party trading or exchange app such as Binance E.T.C
As at the time of writing this article, Royal Q bot can only be integrated with two major 3rd party app, which is:
Below are the steps to set Royal Q bot up and integrate it with a 3rd party app:
- To get started, head over to Google play store (Android phones) or the IOS app store (iPhones)and download the app
- After downloading and the installation process is over, create an account, or if you have an existing account, log it in
- Now, login to your Binance account, or create an account if you are not an existing user. Then connect the Binance API key with the Royal Q crypto trading bot
And voila! You have integrated the Royal Q bot with a 3rd party app so you can start trading.
Note: Before you can begin trading, you will need an activation fee of 120 USDT, the fee will now be split into two parts.
- 100 USDT for the bot 1-year subscription
- 20 USDT for gas fuel
How to integrate Royal Q trading bot into Binance app
- Login to your Binance app, on the homepage, click on more
- Now scroll all the way down to the “More” section and click on API management
- You will be taken to a new screen where you can create an API key, give it a name and click create
- Click on the API you have just created and set some safety restrictions for it by checking the “Enable reading” and “Enable spot and margin trading” boxes. By doing this, the Royal Q bot will not have access to your Binance account funds and you can be on the completely safe side.
- Now copy your API key and open up your Royal Q app, on the homepage, click on API binding.
- You will have to choose which 3rd party API you are binding, click on Binance and paste the copied API key into the blank box provided
That’s it! You have successfully integrated a 3rd party app, you can start trading right away.
Can I trust Royal Q bot with my investment funds?
Yes you can, Royal Q is very safe and secure, they never store your funds, every profit you make from trading goes into your integrated 3rd party app, the only payment Royal Q requires is just the initial 120 USDT activation fee.
What is Royal Q trading strategy?
The app employs (AI) artificial intelligence techniques to automatically match quantitative trading strategies based on analysis that are appropriate for the current market situation, avoiding issues such as quantitative trading users and unprofessional judgments of trends and failure to match in time using corresponding strategies.
What is the cost of using the Royal Q bot?
There is no hidden cost or fees, just the initial payment of 120 USDT, 100 USDT for the Royal Q bot a year subscription and 20 USDT for gas fuel. They do not charge a fee on your trading profits too.
How to Link Your Binance Account to Royal Q
- Head over to your Binance account
- Navigate to the More option and select it
- From the options that emerge, select Others and then API Management
- This is the point where you have to specify a name for the API key you’re creating
- Hit the create button after specifying the API name
- Subsequently, you’ll have to set restrictions for your newly created API. To do this, tap the edit button and tick the first two among the boxes that appear for API restrictions setting –these are the Enable Reading and Enable Spot & Margin Trading boxes
The bottom line here is that the Royal Q trading bot will be able to access only your USDT wallet which contains your trading funds. As for your Binance/Huobi trading account, you’re guaranteed safety for the funds in it since the trading bot cannot access it.
Importantly, ensure you copy your keys –the secret key and your API key. After that, head over to the homepage of your Royal Q account.
Select API binding from the homepage’s row of four options –API binding, Revenue, Transaction and Invite Friend. Now, you’ll have to select your desired exchange from the duo of Binance and Huobi. The selected exchange will be eventually linked to your Royal Q account but for that to occur, below are the steps you have to follow:
- Select Binance and then, paste the keys (API and secret keys copied earlier) into their respective fields
- Subsequently, tap the button asking you to send a verification code
- This code will be sent to your email. Head over to your email account, locate the code and copy it
- Paste the copied code and mark the risk notification box
- To complete the binding of the API key to your Royal Q account, hit the bind button
Once the above process is complete, you can rest assured that your Royal Q account has been fully set up for trading.
How to Begin Royal Q Trading
Starting your Royal Q trading is only a couple of clicks away provided you’ve completed the rather tedious account setup and API binding processes explained earlier.
Head over to the homepage of your Royal Q app and scroll down to the Quantitative option. You’ll find this option somewhere at the bottom page just beside the Home option.
After exploring the Quantitative option, you’ll be presented with a list of crypto pairs. Select the pair you’d like to use for the auto trading so that the Royal Q bot can begin to do the trading job for you.
Ways You Can Make Money with Royal Q
Making money is probably the ultimate reason why you want to sign up for Royal Q trading. Therefore, this post might not interest you much if it ignored how you could make money with Royal Q.
There are two basic routes for making money with Royal Q. You can either go the (normal) crypto trading way or tap into the platform’s referral service.
Although Royal Q is basically a crypto trading platform (by virtue of its bot trading), the platform further serves as an avenue for revenue sharing. If you think you aren’t just making the most out of Royal Q’s robot trading, the referral service of Royal Q could make up for your trading disappointment.
How does Royal Q referral service work?
Royal Q referral service is composed of levels which are labeled V1, V2, V3, V4, etc. At each level, you stand the chance to earn a certain commission on each of your referrals.
At V1 (alternatively the first level), Royal Q rewards you with $30 for every of your referrals. Coming to the second level (or V2), Royal Q rewards you with a double-barreled bonus –a $40 bonus (for each of your direct referrals) and a 30% bonus from the team you created. It’s notable that you must have racked up a minimum of three (direct) referrals and built a team of 20 Royal Q users before you can break into the second level.
However, it isn’t compulsory that your team of 20 users is completely dominated by persons directly referred by you. Needless to say, you can have just 3 direct referrals with all other team members being the referrals under your 3 direct referrals.
At V3, Royal Q rewards you with a double-barreled bonus –a $50 bonus (for each of your direct referrals) and a 40% bonus from the team you created. It’s notable that you must have racked up a minimum of five (direct) referrals and built a team of 100 Royal Q users before you can break into V3 (the third level).
The fourth level is where you rake in a $60 bonus (for each of your direct referrals) and a 50% bonus from the trading profit of the team you created. However, you’re required to have attracted a minimum of 8 (direct) referrals and built a team of 300 Royal Q users before you can reach this level.
Benefits of Using Royal Q Trading Bot
- Since it’s an auto trading mechanism, Royal Q trading bot saves you the risk of allowing your emotions to play into trading decisions
- The trading bot gives you a real shot at convenient trading
- There’s a guarantee of 24/7 trading, meaning the trades are never ending
- Royal Q trading robot guarantees expeditious trading while still ensuring that your funds are not tampered with
Are There Any Downsides to Royal Q Trading Bot?
A couple of ugly things are associated with Royal Q trading bot with the overarching downside being that robots (just like the humans who programmed them) are far from being “perfect”. If you’ve always nursed the fear that handing over your trade to a bot could spell doom, you may have to stay clear of the Royal Q trading bot.
Royal Q does come with its own ugly sides but the pros of the bot-powered crypto trading platform seem to outweigh the cons. Most especially, the inability of the Royal Q bot to access your Binance account simply testifies that Royal Q isn’t getting any dime from you except for the 120usdt activation fee.
Hopefully, this review has opened your eyes to all the information you need just to tell if Royal Q is worth it or not.
Royal Q is legitimate, and individuals are cashing out; it is not the only trading robot used by crypto traders, but it is very reasonable and cheap at the same time, which is why they are so popular among traders. Download the app today and try it out, however, I will advise you not to invest more money than you can avoid losing.
Yes, this is a bot that’s using (AI) artificial intelligence, but sometimes, error might occur, do not place all your trust in it, instead, learn more on how to be a pro trader so you can stop relying on a bot that might mess up at anytime time.
Thanks for reading to the end, if you have any questions, concerns or queries, let me know in the comment section below.