Pricing
- Basic Cost: $2 per bot monthly.
- Sign-Up Bonus: New users receive $7 worth of KRL tokens, covering a month’s fees.
- Fee Structure:
- Charged as 1% of strategy capital, converted into KRL tokens.
- Example: $500 strategy capital at $0.10/KRL = 50 KRL ($5) per month.
Platform Overview
- Platform Availability: Website, mobile apps (iOS and Android).
- Customer Support: Email, community forums (Kryll Community, Bitcoin Forum, Telegram), and social media.
- Educational Resources: Unlimited free backtesting and integrated TradingView.
- Token: Kryll’s KRL token (ERC-20) fuels platform activities.
Pros:
- Strong strategy-building tools.
- Affordable pricing with incentives for new users.
- User-friendly drag-and-drop strategy builder.
- Integration with TradingView for advanced analysis.
- Unlimited backtesting for strategies.
Cons:
- No free trial period (beyond sign-up bonus).
- Platform fees billed in KRL tokens, which may confuse new users.
- Limited security features (e.g., no two-factor authentication).
About Kryll
Launched in 2018, Kryll offers a platform for automated cryptocurrency trading, combining advanced tools with a user-friendly interface. Its drag-and-drop strategy builder allows traders of all levels to create and test strategies without needing coding skills. Traders can either design their own strategies or use pre-built ones from the Kryll Marketplace.
The platform is powered by the KRL token, which is used for accessing trading tools and paying fees. Kryll is well-suited for beginners entering crypto trading and seasoned traders looking to refine automated strategies.
Platform & Features
Drag-and-Drop Strategy Builder
- Ease of Use: Intuitive interface lets users create strategies using blocks and connectors.
- Capabilities: Includes technical indicators, price triggers, and logical operators.
- Flexibility: No coding knowledge required.
- Testing: Strategies can be backtested to assess performance in real-world conditions.
Kryll Marketplace
- Purpose: A hub for pre-built strategies created by professional traders.
- Options: Traders can buy and use these strategies or share their own for a fee.
- Customization: Users can modify purchased strategies to better suit their goals.
Smart Trading
- Features stop-loss and take-profit functionalities to minimize risks and lock in profits.
- Allows traders to set boundaries for potential gains and losses.
KRL Token
- Powers the platform’s ecosystem, enabling access to trading tools and services.
- Traders can purchase KRL through exchanges or directly with a credit card.
- Recent updates include a mobile feature for swapping KRL tokens.
Security
- Hosted on secure servers with basic API-level safeguards.
- However, the platform lacks two-factor authentication (2FA), which is standard in similar tools.
Ease of Use
Kryll is designed for both beginners and advanced traders:
- Beginner-Friendly: Tutorials and intuitive interfaces simplify onboarding.
- Advanced Tools: Features like TradingView integration and unlimited backtesting support strategy refinement.
- Help Center: Comprehensive guides and an active community help resolve user issues.
How to Open an Account
- Visit Kryll.io.
- Click on the Sign Up button in the top-right corner.
- Create an account using your email and a secure password.
- Verify your email address.
- Connect your exchange accounts to automate trading strategies.
In Conclusion
Kryll offers a versatile platform for automated cryptocurrency trading, combining advanced tools with simplicity. Its drag-and-drop strategy builder and unlimited backtesting make it accessible to beginners while satisfying the needs of experienced traders.
Although the lack of 2FA and reliance on KRL tokens might deter some users, Kryll’s affordable pricing, strong community support, and powerful tools make it an excellent choice for traders looking to automate their strategies. With features like the Kryll Marketplace and smart trading, it’s an all-in-one solution for optimizing crypto trading activities.
