Kryll.io Review

Subscriptions / Trial

Subscriptions are not needed. You only need to pay for what you use. However, participating in the holding Program would reduce your expenses. Simply leave your KRLs in your account, and you will enjoy some platform advantages like cost reduction. In the chart below, you get a transaction fee of $0.33 on a No Holding account. 5,000+ KRL holding account attracts $0.28 (you save 15%), while 20,000+ KRL is $0.21 (35% savings). If you have 50,000+ KRL, you pay $0.16 (you save 50%), while100,000+ KRL attracts $0.08 (you save 75%). Finally, 200,000+ KRL is charged $0.01 (95% savings).

Investment tools 

Using the platform is free of charge, with unlimited backtesting, except where you need to do Live Trading and Live Simulation. To be able to launch a strategy, the wallet associated with the strategy must have a minimum value of $100. Select the exchange and the pair, and enter the starting wallet.

How you can deposit the money

Take the following steps to deposit money into your account:

1. Go to your “Wallet” tab and click on “Deposit.”
2. A pop-up appears with the deposit address where you should send the KRL. Check the gas price that is recommended on ETHGasStation.
3. After sending, exercise patience for some minutes to allow for the confirmation of the transaction. A welcome pop-up appears once completed, and the money becomes visible in your wallet.

Note: You should not send any other cryptocurrency to it; otherwise, you will lose the crypto forever.

How you can withdraw the money

To withdraw your money:

1. Submit a withdrawal request.
2. You will then receive a confirmation email.
3. Click on the confirmation link in the email you received.
4. Your money would be processed.
5. Track the withdrawal progress on the transaction table.

Commissions (deposit and withdraw) + time: 

Withdrawals can only be made once in every two business days, using a cold wallet.

Transparency

Everything is done transparently on the Kryll platform. There are no hidden fees or arbitrary deductions from your account. You only pay for what you use.

Avg. profit data & ROI, Drawdowns

While Kryll promises to assist you in earning decent profits in your crypto trading, it must be understood that market forces fluctuate from time to time. Some Kryll users have testified to making a massive return on investment. However, there is no 100% guarantee that you will earn profits all the time.

Drawdown 

Drawdowns can occur, but using your risk management strategies alongside the Kryll trading bot will help mitigate the effects.

Bonuses

You can earn some bonuses through the Marketplace and the Publishers' fees. As a trader, you can offer your strategy for rent on the marketplace and earn some commissions. Any person who decides to use the strategy would incur Publisher fees in addition to the platform fees. In the details of the marketplace's strategies, you will find the amount of the publishers' fee under the name "dev fees." For instance, a dev fee of 50% is equivalent to half of the platform fees also. So, if at the end each month the strategy you rented consumes 6KRL, another 3KRL would be added automatically to compensate the publisher. Everything will now amount to 9 KRL.

Referral program

Kryll allows you to refer customers to them and earn some referral commissions on the fees they pay. The referral/affiliate commissions are 20%, 25%, 30%, 35%, 40%, and 45%, depending on the amount of holding the individual has in the Holding Program. If your referred customer has no holding, you earn 20% on his trading fees. You earn 25% on a referral with 5,000+ KRL; 30% on 20,000+KRL, 35% on 50,000+KRL, 40% on 100,000+KRL, and 45% on 200,000+ KRL.

Integration with other platforms

Kryll integrates with popular crypto exchanges, such as Binance, Bitstamp, Bittrex, HitBTC, Kraken, KuCoin, and Liquid, thereby allowing you to centralize your portfolio and trade with more ease.

API / script language

Adding API on various exchanges may require a slightly different procedure. For instance, if you want to trade on Kryll via your Bittrex account, you first need to link your Bittrex API key to your Kryll account. Take the following steps:

1. Login to your Bittrex account and go to “Settings.” Click on the “API” tab on your dashboard. You need to enable your 2FA authentication for it to work.
2. Click on “Add new key” on your API section.
3. Check the “Read info,” “Trade limit," and "Trade market” options and then “save.” Do not check the “withdraw” option.
4. Enter your 2FA code and click on “confirm.”
5. That successfully creates your Bittrex API key and Secret key. Try and back up the keys.
6. Proceed to your Kryll.io dashboard on the “Your account” tab. Locate the "Exchange API keys" section on the right. Select "add an exchange," and then "Bittrex."
7. Enter your API key and API key secret code. Click on “save.”
8. You have now successfully added the Bittrex API key to your Kryll account. You can now start to trade on your account.

Platforms

Kryll app is available on smartphones. After creating your account on the platform, you can download the app to enable you to get notifications when you have a buy or sell. With the app, you can also check your stats and manage your strategies from anywhere. Login here to download the app

Other services

Kryll has an official blog and offers tutorials to guide its users on how to use the platform and the advanced tools.

Conclusion

If you want to succeed as a crypto trader, you need technology in addition to your intellectual prowess. Kryll.io offers to give you the requisite tools to take your crypto trading to the next level. Some traders have shared their testimonials regarding the efficacy of the trading bot. However, we cannot confirm if Kryll.io is the best trading bot yet because it is relatively new to the crypto ecosystem. We, therefore, advise you to carry out more research and not only depend on our review to make your decision.