Home Review Royal Q Review (Is Royal Q Robot Trading Legit )

Royal Q Review (Is Royal Q Robot Trading Legit )

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Royal Q Trading Bot Review

Welcomes to Royal Q Review, How to make money on Royal Q, Is Royal Q Robot Trading legal or not. Note: This review is based on historical data.

In this review you will know if Royal Q trading bot worth your time, Is it Legit, Genuine, Can you trade on it effectively or all hype.

Yes find out in this honest review, All you need  to do is to read the post till the end.

Without wasting time, let’s get started.

What is Royal Q Trading BOT?

Royal Q trading BOT is a computer program based on a set of cryptocurrency trading signals that helps determine whether to buy or sell a crypto pair at a given point in time.

It was developed in China and owned by a Chinese company. The royal q robot is designed to remove the psychological element of trading, which can be detrimental in investment or trading cryptocurrencies.

Robots like Royal Q are designed to automate crypto trading on your behalf.

You on the other hand need to pay attention to market statistics in trading and then pick which cryptocurrency to trade and at what time.

These bots help automate the analysis and interpretation of market stats.

They can gather market data, interpret it, calculate the potential market risk, and execute buying or selling crypto assets on your behalf.

Just think of it as hiring a cryptocurrency trading expert to do your crypto trading while you can sit back and watch the profit grow.

The Royal Q Crypto trading bots can often save you a lot of time and are more cost-effective than hiring human experts.

The truth is Cryptocurrencies are known for being extremely volatile, and the majority of the time prices fluctuate drastically even in the space of minutes.

So traders in many cases, are unable to react quickly enough to changes in the market price to achieve their trading goal.

This is where crypto robot-like Royal Q (Royal Quantitative) gets into the picture. They are nothing but automated tools that conduct trades and execute transactions on behalf of the users.

Royal Q Review: Everything you need to know

In this Royal Q Trading Bot review I will like you to watch direct from this YouTube video. This what people are saying.

How Does Royal Q Trading Bot Works?

In other to use the Royal Q trading bot users needs to integrate the app with a third-party exchange or trading platform.

Currently, Royal Q only integrates with the following exchange platforms:

  • Binance
  • Huobi

So to get started, you’ll have to Register an account with Royal Q and download the app on Google play store for Android users and Apple store for IOS device users.

But if you do, just log in to your Binance account to connect your Royal Q app with your Binance API keys to start trading with the APP.

However, to start using the Royal Q app, it cost an activation fee of 120usdt (TRC-20). $100 for a one-year subscription and the remaining $20 for gas fuel.

The gas fuel is a tiny fee the BOT charges whenever it picks trades (Buy/Sell) for users.

The actual trading capital is going to be in your Binance or Huobi account. So there’s limited access to your funds.

In fact, you have total control over your money since they are all inside your Binance account. The Royal Q app only uses capital in your USDT wallet and the traded profit or loss drops in the pair wallet.

So basically, the only money that goes to Royal Q is the 120usdt activation fee.

How to Make Money with Royal Q?

Now let’s talk about the ways to make money with Royal Q. Think about it, if Royal Q is just like every crypto trading robot out there…

Then why is it popular?

Because of their network marketing and revenue sharing program…

Basically, there are two ways in which users can make money from Royal Q. This includes:

  • Trading Cryptocurrency
  • Referral (MLM)

The first way to make money with the Royal Q app is through trading with the robot from your available capital inside your Binance or Huobi account.

However, for others that are down for the multi-level marketing (MLM), they can even make way bigger money than just trading with their capital.

So this is why the program is popular because the majority of the participants are trying to build their network through the MLM opportunity.

Let’s explain how both of the income opportunities works (Trading and MLM)

#1. Trading Cryptocurrency

The robot trades cryptocurrency for you based on your capital amount and the ROI varies from 1 -50% based on your trading preferences using compound interest.

royal q trading compound_interest
royal q bot review | money for trading

It also comes with features whereby you can sync or automatically copy expert traders on the platform.

So if you don’t know what to trade then syncing with expert traders on the platform is the best guess for you.

#2. Referral (MLM)

The referral or networking part of the program is the most sort after of the Royal Q system. This is because by referring others you get to earn passive income.

  • The First Level is referred to as V1…

At this level, you’ll get to earn a $30 instant commission on everyone you referred and also earn a piece of commission on their trades.

  • The Second Level is referred to as V2…

To attain this level, you need to personally refer at least 3 users and an overall team of 20 users. Directly by you or indirectly referred by the users you’ve registered.

At this level, you’ll get a $40 direct referral bonus and a 30% reward bonus from the entirety of your team.

  • The Third Level is referred to as V3…

This level gives you access to a $50 direct referral bonus and a 40% team reward.

But to achieve this, you need 5 direct referrals by you and a totality of 100 team members to achieve this level.

  • The Fourth Level is Referred to as V4…

This level gives you a direct referral bonus of $60 whenever you directly referred someone and a total of 50% team reward from trading profit.

To attain this level, you need 8 direct referrals and a total team of 300 to achieve this.

Using the image below you can see how the MLM structures work and why the robot is very popular.

royal q referal chart
royal q bot review | Referral program

So people trying to refer you might just be doing so because of the referral bonus and the money they want to make without caring about your capital.

So be careful to know how the platform works before parting away from your hard-earned money while investing in the Royal Q BOT.

Royal Q Registration

Creating an account with the BOT is actually easy.

To get started, click on the Sign-Up link here… then fill out the form as seen in the image below!

royal q registration

Enter your email address, after that, click on send verification code to receive the code in your email address.

Once received, enter it in the verification code box and enter your password. Once you’re done, click the Register button to proceed.

Don’t download the App directly on play store so you don’t download a lookalike app.

First, register an account, and once done, you see the link to download the app on the next page.

So from there, install the app and log in to activate the app on your mobile device.

Royal Q Activation for Trading

After you’ve login, you will need to activate the app to start trading. To activate the app, go to ===> ‘Mine’ at the extreme right-hand side below (footer of the app).

After that click on ‘Asset’, on the third row. There you’ll see ‘deposit’, ‘withdraw’ and ‘transfer’. Click on deposit to copy your Royal Q account USDT wallet address.

wallet deposit

You can then send 120usdt (TRC-20) to the wallet address and click on activate in order to have your account activated.

So to start trading, you’ll need to link the account to your Binance or Huobi account by copying your API keys.

Binding Royal Q with Your Binance Account

From your Binance account click on more…

binding binance
Royal Q Binance Binding

Then scroll down to the “Others” section (Last section) and click on API Management. Once there you’ll need to create a new API key by giving it a name. After that click on create.

Next, click on edit on the new API you just created and set restrictions for the API.

The only box you’re going to enable is the “Enable Reading” and “Enable Spot & Margin Trading” leave the remaining box unticked.

api settings on binance
royal q binance review

With these settings, the robot has limited access to your trading account and funds in the account.

So all funds in your account are safe!

The only thing it can do is to trade with funds in your USDT wallet. So copy the API keys and the secret keys.

Then go back to the Royal Q account, at the home page, you’ll see four icons

  • API binding
  • Revenue
  • Transaction
  • Invite Friend
api binding with binance
Royal Q binance API Binding

Click on the API binding and choose the exchange you want to bind. For Binance users, click on Binance and copy and paste the keys respectively.

After that, click on send verification code. Next, go to your email, copy the code and paste it. Tick the risk notification box and click bind.

After that, your account is active and ready to trade for you.

So to start trading, at the home page of the app, when you look down, you’ll see Quantitative.

quantitative setting
Royal Q Trading

Click on it and choose the pair you want the app to start trading on your behalf. To check your profits, at the home page, you’ll see “Revenue”, click on it to see your daily profits.

How to register on Royal Q

To register Royal Q App, download the app on Play store or Apple store and input the required information. Royal q is also a networking business and you need a code from a sponsor to register. You can use this code 2MBF5

But you must have BINANCE or HUOBI where you will be doing the trading.  Also download either of them on play store/ apple store for registration.

Royal Q login

Any time you want to login to your royal, you use the password chosen during registration.

Royal Q Trade Settings

After clicking on any pair, you should see something like the image below.

royal q trade settings

This is where you configure the trade setting that the robot is going to trade with.

Please, it is very important that you understand that your trade setting only works with the capital you’re trading with.

Someone trading with $100 is going to have a different trade setting with someone trading with $1000 or $10,000.

But I’ll try to break it down as much as possible so everyone can understand how the settings work.

To start trading, you’ll need to click on the trade setting and after that, you’ll see something like the image below.

royal q bot trade settings
royal q bot trade settings

As you can see from above we have:

  • First Buy In Amount
  • Open Position Doubled
  • Margin Call Limit
  • Whole Position Take Profit Ratio
  • Whole Position Take Profit Callback
  • Margin Configuration
  • Buy In Callback

#1. First Buy-In Amount

This is the amount you’re going to start the trade with depending on your trading capital and the total number of margin calls (Numbers of deep you’re going to be buying when the coin decrease after you enter the trade).

It’s very important that you don’t make your ‘First Buy In Amount’ your total capital.

If my trade capital is around $100 I can decide to make my ‘first buy-in amount’ to be $10 or $20 depending on the numbers of margin calls I’ll be making

More on this later…

#2. Open Position Doubled

This simply means you’re going to be buying double of any market you entered. This will simply double your first buy in amount and as well as margin calls you’ll be buying.

But it’s not recommended. So why setting up your trade I won’t recommend you tick the box. It’s not needed!

#3. Margin Call Limit

The margin call limit simply means the total numbers of DEEP you want the BOT to buy when there’s a drop in market after you’ve entered the trade.

You should understand the “Margin Call Limit” if you’re familiar with what’s referred to as Dollar Cost Averaging (DCA)

DCA is simply referred to as a strategy whereby you invest a total sum of money in small increments over time instead of all your capital at once.

The goal here is to take advantage of market downturns without risking too much capital at any given time.

If the price of an asset drops during the time you are dollar-cost averaging, then you stand to make a profit if the price moves back up.

So the total number of “Margin Call Limit” you set means the total number of times you’ll be buying the coin based on the percentage drops.

#4. Whole Position Take Profit Ratio

After entering the trade, this is the position you want the BOT to take profit for you. The default setting is always around 1.3%.

But based on your preference you can always increase or decrease it as you wish. This means the robot will sell for you automatically after the set percentage has been reached.

#5. Whole Position Take Profit Callback

The whole position take profit callback is the trigger for your take profit. When your profit percentage is reached, it doesn’t sell immediately.

But when there’s a slight decrease and it hits the percentage set, it’s going to sell and take profit for you automatically.

#6. Margin Configuration

royal q margin configuration

This configuration indicates the amount of deep you’re going to be buying based on the percentage drops.

Take for example if your trading capital is $100 with a $10 first buy-in amount and you’re using 4 margin calls like the image above.

This means your first call is 1 time at 3.5% market deep. That is, when the coin you’re trading drops by 3.5%, the robot will buy an extra 1 time at the “First Buy-In Amount” of $10. ($10 x 1 = $10)

Looking at the second call on the image above… we have 4% and 2 times. This means when the coin drops further by 4%, the robot will buy 2 extra at your “first buy-in amount” price.

That will be $10 x 2 = $20. The same thing goes for the rest of the margin calls.

#7. Buy In Callback

This simply means after your first take profit, the percentage at which you want the bot to buy again, so you can make additional profits when it keeps increasing is “Buy in Callback”

Once everything is checked, you just simply need to click on start trading and the robot will begin the trade on your behalf

How To Activating Royal Q? Know the Binding With Binance Here!

After creating the Royal Q account, one will need to activate it to start trading. To activate the app, you will need to go to “Mine” at the extreme right of the app. This is followed by clicking Asset on the third low.

At that point, you will be directed to the “withdraw” and “transfer.” Click on the deposit to copy the Royal account to the wallet address.

One will need to deposit 20usd to activate the account. After clicking the start button, you will need to confirm your county to proceed.

Know About Binding Royal Q With Your Binance Account

It is effortless to bind the Royal account with the trading account. This is either the Huobi or Binance account. On the Binance account, click on more to link you to the last section on API management. One will need to create a new API key by giving it a name and clicking on create.

One needs to understand the Robot setting to ensure that the funds are safe in the account. Binance Binding allows the Robot to trade with only the instructed fund in your Binance Account.

How To Make Money With The Royal Q Trading Bot With Binance?

The first way to make money is through trading with the Royal Q Robot. One is the capability of trading because the Robot will be linked to Binance and Huobi accounts. The robots trade with cryptocurrency based on the amount of capital. The user has to make use of the best compounding interest to make the interest in the trading. With the help of the Robot, one does not need to be an expert in syncing the trades and guessing the best for you.

What Is Royal Q Referral Marketing Plan

Royal Q Robot is famous because of the networking and marketing revenues sharing programs. The Robot has two ways of making, which include trading Cryptocurrency and referral. Additionally, one can make money through the use of the referral networking program.

The use of referrals will make use of them and allow the user to make quite impressive income. In the referral, there are many levels of earning income.

Royal Q Level 1. We have the first level income that one gets an instant commission of 30dollars for everyone referred.

Royal Q Level 2. For the second level income, one needs to have at least three referrals and an act of 20 users. Those have registered through you directly or indirectly. At this level, one gets a commission of 40 dollars for direct referral, a 30% bonus from the entire team, and 10 dollars commission for a new user who uses the activation link from your downlines.

Royal Q Level 3. Contextually, the third level gives the user access to 50 dollars and a 40% reward from the team. This is achieved when one has more than five direct referrals and a team of more than 100 active users.

At this level, the commission from the team is 20dolllar commission when a new member activates.

Royal Q Level 4. Lastly, we have the fourth level referrals where the user gets 60 dollars when there is a direct referral and a 50% team reward. The user also receives a commission of 30dollars when there are members who join using the downline.

Most of the people referrer others to join the Royal Q platform just because of the referral’s bonuses associated with the site without caring about the capital that one will invest.

Royal Q Trading Bot Review: Pros and Con

This Royal Q trading robot review won’t be completed if I fail to mention its pros and cons. So have a look at both the bad side and good side of trading with robots generally.

Pros

Below are the good things you can expect while trading cryptocurrency with robots.

  • Trades 24/7 nonstop
  • Funds are safe on the exchange website
  • You can easily trade without emotions
  • Simplified trading
  • Efficient trading

Con

Below are the bad sides of using robots to trade cryptocurrency on your behalf and what you should be aware of.

  • Robots are not perfects
  • There could be programming errors
  • Don’t expect to make money overnight

Is Royal Q Trading Bot  Legit or Scam

User doesn’t need to deposit their fund in their Royal q account as the bot only trades with user fund in their binance or Huobi account, and the bot doesn’t have access to withdraw funds in their account but only have access to execute a trade hence user have the assurance that their fund is secured while using royal q to carry out their automated trading activities.

Royal q bot claim to select a specific crypto coin pair and make a trade automatically within which it is the value of the activation fee of $120 user paid and it’s working as claimed

Considering this, the royal q bot is legit as it delivers the service it claims to provide but then, trading with bot-like royal q is not safe owing to the fact that it promises to always make a profit on every trade executed by the bot.

But then, the reverse is the case as there were many lost of a capital report by the majority of users prior to the wrong/unprofitable trades executed by the bot which result in massive loss of capital as in the case of a user below.

Coinbag Finance

Meanwhile, most reviewers are only after the commission paid by the robot thus they don’t care to inform their invitee of the risk involved in using the royal q bot for automated trading.

Hence we tagged the Royal q robot as a high risk tool prior to the false information provided on their website I.e royal q Bots make a profit on each trade and no loss on any trade executed by the bot.

Technically, looking at it, the only money you’re giving away to royal q is the activation fee of 120usdt.

The rest of the investments are within your control because the app has no control of your asset in Binance. Except for the funds in the USDT wallet that it uses for trading.

The Crypto market can be a volatile market hence you might be risking your funds. So only invest the money you are comfortable with losing.

As for me, I did test the app. I started with $10 then increase the trading capital to around $180 on the 5th day and the return in 8days is $10.1 and counting.

my Royal Q trading robot revenue dashboard
Royal Q trading robot review

1 COMMENT

  1. Hi there! This post could not be written any better! Reading through this post
    reminds me of my good old room mate! He always kept talking about this.
    I will forward this article to him. Pretty sure he will have a good read.
    Thank you for sharing!

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