The AI Reports

Kryll.io

What is Kryll.io?

Kryll.io is a platform that provides advanced tools for automated cryptocurrency trading. It caters to various trader skill levels, from beginners to experts. Users can build, backtest, and deploy automated trading strategies without needing to code. The platform supports integration with popular exchanges and offers a marketplace for trading strategies.

The service includes features like a visual strategy editor, real-time backtesting, and a holding program aimed at reducing trading fees. An ethos of transparency means users benefit from seeing strategy performance and community reviews.

With its Pay-As-You-Go pricing model and KRL Holding Program, Kryll.io aims to make automated crypto trading flexible and accessible, while also supporting strategy creators through publishing opportunities.

M. Kooiker

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Kryll.io use cases

  1. Traders optimizing their crypto trading strategies using automated tools.
  2. Users creating bots without coding through Kryll’s no-code editor.
  3. Experienced traders monetizing their strategies by publishing them on the marketplace.
  4. Beginners testing strategies before live deployment with Kryll’s simulation tools.

Kryll.io functionalities

  • Create: Automated trading strategies
  • Backtest: Strategies against historical data
  • Deploy: Trading bots to exchanges
  • Earn: Through the referral program

Pros and Cons

Pros

  • No-code strategy editor for easy bot creation.
  • Flexible Pay-As-You-Go pricing and holding discounts.
  • Real-time backtesting tools for strategy verification.
  • Integration with multiple major crypto exchanges.

Cons

  • May have a learning curve for new users.
  • Dependent on external market conditions for success.
  • Strategy effectiveness can vary, requires fine-tuning.
  • Marketplace can be crowded, making it harder for new strategies to stand out.

Kryll.io pricing

Feature nameNo holding+5,000 KRL+20,000 KRL+50,000 KRL+100,000 KRL+200,000 KRL
Free backtest99119129149199299
Simultaneous bots
Referral program10%25%30%35%40%45%
Fee discount15% discount35% discount50% discount75% discount95% discount

Kryll.io reviews

3.6

Based on 80 reviews online

Users of Kryll share a range of experiences, with many lauding its easy-to-use features and strong support community. Its commitment to making crypto trading accessible, especially through offering content in English and a platform designed for learning, stands out as a major plus. This indicates that Kryll is not just for the experts but also welcoming for beginners eager to dive into the crypto world.

On the flip side, there’s a fair share of criticism. Some users argue that despite its promising features, Kryll’s performance in actual trading scenarios and strategy offerings doesn’t quite hit the mark. Critics also point out issues with the platform’s user interface and professionalism, suggesting that it might not meet everyone’s expectations, especially when sized up against competitors.

However, concerns deepen with reports of misleading backtest results, where actual strategy performance significantly lags behind the impressive gains once promised. This suggestion of inaccurate performance data poses a critical issue, highlighting potential risks in profitability and investment decisions on the platform.

Summing up, the feedback on Kryll is mixed. While it’s praised for its user-friendly design and educational content, the criticisms concerning its trading strategy effectiveness and transparency are hard to ignore. This means that while Kryll might offer a supportive environment for crypto trading beginners, users should remain cautious and critically examine strategy performances before fully committing.

User reviews

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Kryll.io FAQ

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2

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3

4.3 (35)

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4

4.2 (1565)

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4.2 (54)

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About the author

M. Kooiker

M. Kooiker

As an experienced online marketeer with a longstanding interest in AI, I've immersed myself in the latest AI advancements in recent years. Passionate about innovation, I actively test AI tools and dedicate myself to guiding users in selecting the right technology. My mission is to connect people with cutting-edge AI solutions.