Home Crypto HaasOnline Review: Is It Profitable and How to Trade With It?

HaasOnline Review: Is It Profitable and How to Trade With It?

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HaasOnline Review: Is It Profitable and How to Trade With It?

HaasOnline is a platform where you can quickly build crypto trading bots that trade with high frequency. It also lets you backtest these strategies and connect to several exchanges. In this HaasOnline review, we shall discuss all the major aspects of this system.

HaasOnline overview

This company was launched in 2014, so it has substantial experience when it comes to crypto trading. The team’s main focus is on understanding the customer’s demands and issues and investing in others. 

There are six main members in the team. CEO Stephen de Haas has a background in software engineering and is a Bitcoin advocate. Quintus de Haas, the CTO, looks after the infrastructure, pushing the team toward success. Other team members of the team include Chief of System Operations Josh Becker, Head of R&D Rustin Rhoda, Chief Communications Officer Raynaldo Rivera, and Chief Marketing Officer Jeff Vernon.

HaasOnline quick summary

Let’s look at the key aspects of this trading bot:

  • Pre-built crypto bots for automating strategies
  • 23 total exchanges supported
  • No restrictions for trading activities 
  • Zero trade fees
  • No restrictions for specific exchanges
  • Backtesting engine with high-end historical data
  • Live paper trading features
  • HaasScripts tool for creating trading algorithms

What does HaasOnline offer?

After you’ve subscribed to one of the plans, you can get started with one of the trading bots. There are several bots available on this platform, like Accumulation, Advanced Index, Email, Flash Crash, Intelli Alice, Inter-Exchange, MadHatter, Market Making, Order, Ping Pong, Scalper, etc. They allow you to automate your trading strategies and minimize downtime. You can use one of the readymade bots or build one of your own using the HaasScript tool.

Thanks to the backtesting functionality, you can reduce the risk level. There are different price methods like order book and close price that allow you to optimize your trading schemes. With paper trading, you can easily monitor the live performance of your bots without risking real money. This platform also has a referral system that allows you to earn a 25% commission for each referred user.

HaasOnline reputation

Since this software program has been around for quite some time, there are many user reviews on the web. Clearly, the brand has a decent reputation and many people trust it with their trading activities.

What crypto exchanges are supported?

Here is a list of exchanges supported by this platform:

  • Binance
  • Binance Futures
  • Binance US
  • Bitfinex
  • BitMex
  • Bipanda Pro
  • Bitstamp
  • Bittrex
  • ByBit
  • CEX.IO
  • Coinbase Pro
  • Deribit
  • FTX
  • Gemini
  • HitBTC
  • Huobi
  • Ionomy
  • Kraken
  • Kraken Futures
  • Kucoin
  • Okcoin
  • OKX
  • Poloniex

Price

There are three annual plans for this platform, namely Beginner, Simple, and Advanced. The Beginner plan costs 0.009 BTC and it lets you trade with 10 bots. For the Simple and Advanced plans, you need to pay 0.016 BTC and 0.026 BTC, respectively. While the simple plan comes with 20 bots, the Advanced plan has an unlimited number of bots.

Security and privacy of HaasOnline

Since the platform does not support deposits and withdrawals, nobody can gain access to your funds. If you are running the system on a VPS, you can enable two-factor authentication.

Are traders happy with HaasOnline?

User reviews for HaasOnline on Trustpilot.

HaasOnline has a rating of 4.3 out of 5 on Trustpilot. Users have praised the promptness of the customer support team and the ease of usage.

Profitability of HaasOnline

Profitability depends on a number of conditions, like the chosen strategy, the market conditions, and the trader’s expertise.

Deposits, withdrawals and fees

There are no additional fees for using the trading bots and deposits and withdrawals are not allowed.

Advantages of HaasOnline

Here are the advantages of this system:

Large collection of strategies

With the wide variety of strategies available, you can get started immediately. Alternatively, you can build your own trading plans.

Privacy

The platform cannot deposit or withdraw funds. It has a secure connection with exchanges.

Transparent company

The brand maintains transparency. The official website has the information on the team members.

Disadvantages of HaasOnline

Let’s look at the disadvantages:

Not ideal for beginners

The platform has some complex functionalities that novice traders might face difficulties with.

Expensive plans

Compared to other systems, the pricing plans are expensive.

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