Veles Finance is a cloud platform where traders can build automatic crypto trading bots. It started in 2021 and was made to be easy for beginners to use, with a simple design and smooth connection to exchanges. The company says over 250,000 people have tried the Veles bot for their digital asset trades.
What features does the platform offer? How does it differ from competitors? Can you test a strategy before running it with real funds? Let’s dive into this Veles trading bot review.
What is Veles Finance?
At its core, Veles finance bot technology combines GRID and DCA (Dollar Cost Averaging) strategies. This hybrid model enables grid trading with position averaging while leveraging technical indicators to reduce risks. The platform integrates with top exchanges such as Binance, Bybit, HTX, BingX, OKX, and Gate.io, with KuCoin and Bitget integrations coming soon.
For traders, this means that Veles trading can be carried out directly on trusted exchanges without the platform ever storing user funds.
Registration and Account Setup
Getting started is simple:
- Visit the official Veles Finance website.
- Click “Create Account.”
- Enter your email and password.
- Confirm registration.
Once registered, you can connect your exchange account:
- Go to your profile settings.
- Open the “API Keys” tab.
- Add a new API key.
- Select the exchange.
- Use one-click connect or input manually.
From there, you are ready to launch your first bot Veles.
How to Create and Launch a Veles Bot
To set up a new Veles trading bot:
- Open “Create Bot.”
- Select your connected exchange.
- Choose Long or Short strategy.
- Pick a trading pair.
- Set your deposit amount.
- Choose a strategy template.
- Name your bot and click “Launch.”
Before launching, ensure you have deposited funds into your linked exchange account.
Strategy Templates
The platform offers three basic modes:
- Simple – Conservative, Moderate, or Aggressive.
- Custom – Full manual configuration for advanced traders.
- Signal – A strategy powered by technical indicators, validating conditions before placing orders.
This variety makes Veles trading bot suitable for both beginners and experienced traders.
Advanced Customization
For traders who prefer control, Veles Finance allows detailed configuration:
- Price range coverage
- Grid density
- Martingale multiplier
- Initial order distance
- Linear or logarithmic distribution
- Take-profit settings
These settings let you adjust your strategies to match how much risk you're comfortable with and your trading preferences.
Backtesting Strategies
One of the most important features of Veles finance is its backtesting tool. Traders can simulate strategies on historical data before risking real funds. New users get 10 free backtests to test their strategies.
Backtesting ensures that your chosen Veles bot has a higher probability of success under different market conditions.
Ready-Made Bots
If you don’t want to configure everything manually, Veles trading offers ready-made bots such as:
- Test Bot + Big Stop
- XRP Trend Bot + Stop
- ADA Classic Bot
- LINK Range Bot
- SUI Signal Hunter Bot
- ETH Buy The Dip Bot
- BNB Profit Miner Bot
- BTC Trend Bot
These prebuilt algorithms can be launched instantly, with optional advanced parameter adjustments.
Veles Marketplace
The Veles marketplace is an ecosystem where users can buy and sell trading strategies. This adds flexibility, as you can access community-tested strategies or monetize your own.
Besides strategies, the marketplace also features premium courses and private trading lessons tailored to Veles trading bot users.
Veles Finance API Integration
The Veles finance bot connects securely to exchanges through API keys:
- Generate an API key on your exchange (read-only recommended).
- Copy public and private keys.
- Enter them into Veles Finance.
- Confirm integration.
This process ensures security since funds never leave the exchange, and Veles Finance does not store private keys.
Telegram Integration
The platform also features a Telegram bot for real-time notifications. Traders can track open positions, profit, and bot activity directly from their smartphone. Managing your Veles trading sessions is easier when updates arrive instantly via Telegram.
Referral Program
Veles Finance provides a referral program with up to 30% profit share from invited users’ trading fees. The program allows passive income opportunities while promoting the platform to other traders.
User Feedback
People who use Veles Finance say it's simple, it works well, and it's dependable. On crypto forums, it gets around 4.5 out of 5 stars. Newbies like how easy it is to use, and experienced traders like that they can change all sorts of settings for each Veles bot.
Pricing
Veles trading bot gets good reviews because, unlike some competitors, it doesn't charge monthly fees no matter how well you do.
Conclusion
After four years and with many users, Veles Finance has shown it's dependable and works well. Its strategy templates, customization options, backtesting feature, and Telegram alerts mean it works for both beginners and pros.
If you want a safe, adaptable way to do automated trading, the Veles bot could be a good choice.