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Ryan is a crypto-aficionado who started writing about the topic 5 years ago. He likes to stay on top of current developments in the industry, and has invested in a number of different coins and projects over the years himself. His current obsession lies with automated trading softwares and emerging AI-tools in the investment space.
Do you ever find yourself stuck in front of the screen, waiting for the perfect time to buy or sell cryptocurrency? BlueQubit tries to be that trading robot that operates according to your own directions and places trades on your behalf.
But does it live up to what it promises on its website? We reviewed BlueQubit, testing its performance, price, and usability in this post. Keep reading to find out if or not this robot is worth it for you.
BlueQubit is a trading bot that places orders to trade cryptocurrencies on your behalf. Instead of sitting in front of the charts all day, you set the rules, which include when to buy, when to sell, and how much risk, and then the robot will place the trades for you.
Remember that BlueQubit never holds your money. It links to a brokerage of your choice, and when the robot comes across an opportunity, it instructs your brokerage to make the trade.
How Does BlueQubit Work?
BlueQubit requires a minimum of $500 to commence. Once you have funds locked in, here’s how the crypto robot operates:
Strategy Builder
You can create your own trading rules with drag-and-drop tools such as:
Entry rules (e.g., buy when the price drops 2% in an hour)
Exit rules (sell when the price rises 3%)
Risk limits (stop-loss and take-profit points)
Position size (a percentage of your account, or a fixed value)
No coding or programming is needed; just drag, drop, and adjust. Remember, rules don’t equal profit; you can still lose.
Market Scanner
BlueQubit is constantly monitoring the market and alerting you whenever your set rules align with the prevailing sentiment. If your internet connection is slow or the bot becomes too busy, you may miss some trading opportunities; users should be aware of this.
Instant Execution
When you get a buy or sell signal, BlueQubit sends your broker a prompt to trade. It usually takes place in seconds, but occasionally takes longer, depending on the broker you’ve chosen and your internet connection.
These are approximations and may vary depending on the coins you exchange and your understanding of the market. With real money exchange, additional fees may apply, including spreads (the buy/sell gap), overnight funding fees, and partial executions. It is advised that you conduct a little live test before you use a huge capital.
Every available robot has pros and cons. The table below summarizes that of BlueQubit.
Pros
Cons
✅No coding required
⛔Lacks tools for advanced traders
✅An extensive library of backtested strategies
⛔The speed and cost of execution depend on the assigned broker
✅Embedded risk controls
⛔No phone app support
User Experience on BlueQubit
We tested to see how intuitive BlueQubit is for both new users and experienced users. Here’s what we discovered:
Onboarding Process
Registration is instant. You enter your email address, password, and confirm. Then you link a broker account so you can deposit your funds (at least $500) to trade with. Then you are free to start creating your strategy.
Interface Layout
When logged in, there is a minimalist dashboard showing:
Open positions (what trades are active)
Real-time profit/loss
An equity curve (your balance over time)
The secondary menus lead to the strategy builder, where you specify rules and observe trade histories. The layout is simple enough that new users can use it without apprehension.
Monitoring and Alerts
Once you turn on this bot, it runs in the background, scanning the market. When it finds a trade opportunity, users receive notifications. Alerts were working as anticipated during our testing, for the most part. However, in highly volatile market conditions, there were slight delays, and notifications arrived late, resulting in a missed profitable opportunity.
Customer Support
For help, you can seek support via email or visit the crypto bot support desk, which addresses frequently asked questions.
BlueQubit, as per its website, guarantees that your money is secure. For this reason, it has security provisions equal to the industry, such as SSL/TLS encryption, to protect your financial and personal data.
While BlueQubit provides high security, remember that trading is always a risk. Therefore, set appropriate stop levels and utilize the platform’s two-factor authentication (2FA) to secure your trading account.
BlueQubit Limitations
These are some limitations one must take into consideration when using BlueQubit.
Execution Slippage
When prices move rapidly, the price you would have wished for and what you get can be different. This can hurt high-frequency strategies.
Broker Variations
Brokers vary in the form of trade fees and execution. Additionally, not all brokers execute all types of orders (e.g., market, limit, and stop orders). Before funding your account, make sure you haggle on brokers’ fees, trading regulations, etc.
No Smartphone App
For mobile traders, BlueQubit is accessible via a desktop. The robot does not have a downloaded app. Therefore, tracking trades on your mobile will involve either using a PC or a cellular phone’s browser, which might provide less functionality.
Risk Management Processes
Autopilot trading is risky. To protect yourself:
Risk only 1-2% of your account per trade.
Always employ Stop-loss levels. Although BlueQubit helps establish limits, unexpected market movements may still result in additional losses.
Don’t invest all your funds in one strategy or one cryptocurrency. Spread your trades across different assets.
Check performance at least once a month. If a strategy is underperforming, consider switching to an alternative.
BlueQubit is a combination of usability and sound risk management. It’s simple to learn, even for beginners, and simple to operate. The bot has a drag-and-drop strategy builder, in-market alerts, and a simple dashboard. Professional traders will find it necessary to use more advanced tools, but the settings offered will cater to most rudimentary needs.
Bear in mind: no robot promises profits. Trade only with money you can lose. And don’t start big; try a short live test, and adjust your settings along the way.
Ryan is a crypto-aficionado who started writing about the topic 5 years ago. He likes to stay on top of current developments in the industry, and has invested in a number of different coins and projects over the years himself. His current obsession lies with automated trading softwares and emerging AI-tools in the investment space.
Ryan is a crypto-aficionado who started writing about the topic 5 years ago. He likes to stay on top of current developments in the industry, and has invested in a number of different coins and projects over the years himself. His current obsession lies with automated trading softwares and emerging AI-tools in the investment space.