Not all crypto traders are created equal. Depending on your market knowledge and technical expertise, crypto trading can be simple, complex, or intimidating. Sensing a knowledge gap, India’s leading crypto platform, CoinSwitch, has launched SmartInvest, a personal guide to help its users maximize profits by integrating expert trading strategies into their portfolios.
CoinSwitch is on a mission to make money equal for all and SmartInvest lives by this vision by making crypto investment accessible to all Indians.
Other offerings from CoinSwitch include CoinSwitch PRO, Crypto Futures Trading, API Trading, Crypto Deposit, and CoinSwitch Cares, a ₹600-crore asset recovery program for users affected by the alleged WazirX cyber attack.
Yes, crypto algo trading is wildly popular among traders. However, API trading requires basic coding knowledge, which many lack. Additionally, crypto algo trading requires considerable time and a deep understanding of the crypto market to devise strategies to navigate market volatility.
If you are overwhelmed by the technicalities of crypto algo trading and need professional help, CoinSwitch’s SmartInvest will come in handy. The product allows users to benefit from crypto trading without the hassle of active trading and constant monitoring. Let’s dig in.
What is SmartInvest?
SmartInvest is a crypto trading innovation that enables crypto enthusiasts to participate in the crypto market without the hassle of testing and creating trading strategies.
As the name suggests, SmartInvest is a crypto investment product. We have carefully selected the expert traders available on the CoinSwitch PRO platform. To elaborate, CoinSwitch identified professional crypto API traders and tested their strategies for over two months. The ones we found most promising now offer professional crypto API trading to CoinSwitch users who are keen to participate in crypto trading but lack the expertise and time.
We offer professional help, but you must choose your trading strategy. Start by identifying a trader who has an open slot. See if you are comfortable with the minimum deposit requirement mentioned by the trader, and carefully analyze the trading strategy. Ensure that the strategy selected aligns with your risk appetite, and check the historical returns and profit-sharing agreement. If the chosen strategy ticks all the boxes, invest your money, sit back, and relax.
The trader will do all the work for you.
How does SmartInvest work?
SmartInvest is a crypto investment product offered by CoinSwitch PRO.
This innovative product brings professional crypto traders and aspiring crypto investors on the same platform – CoinSwitch PRO. This is how SmartInvest works.
- CoinSwitch selects professional crypto algo traders
- Their trading strategies are tested for two months by the CoinSwitch team
- Trader gets listed on CoinSwitch PRO as a creator after rigorous testing
- The listed trader will offer his Algo trading strategy
- Each slot is unique to users ie, pooling of money does not happen
- The creator who provides the strategy will execute all trades and will keep a percentage of the profit for the service offered
- The strategy will list the following parameters to help prospective investors assess the risk
- Historical returns
- Minimum deposit
- Profit sharing percentage
- Net traded volume of the strategy
- The Explore drop-down will have the strategy description and a returns estimation calculator.
SmartInvest is a promising way to invest in the crypto market. Here is a step-by-step guide that details how the product works on the CoinSwitch App and CoinSwitch PRO website:
SmartInvest on the CoinSwitch App
The CoinSwitch app and the Pro tab are meant to make navigation easy. The Pro tab on the app is intuitive and lucid, making it easy to use. Here is a step-by-step guide to help you understand and start your SmartInvest journey on the CoinSwitch App:
- Login to CoinSwitch App on your phone and click on the Pro toggle
- On the Pro home page, click on the top right side of the screen to see all the Pro offerings from CoinSwitch
- Click on SmartInvest
- All SmartInvest strategies will be displayed here
- Compare the strategies and choose one that suits your risk profile
- If the selected strategy has open slots, you can invest the minimum deposit amount or any amount above that.
- Alternatively, you can look for strategies with open slots and invest in the one that meets your risk appetite.
- Click on Invest Now. Put in your money, sit back and relax
- The trader will do the work for you.
- You will generate passive income from your crypto investments!
Heads-up: You should be a KYC-compliant user on CoinSwitch to transact on the platform and you should have linked your PAN and Aadhaar with the income tax portal.
Note: SmartInvest is a high-demand product, and there might not be any available slots. If there are no open slots, you can write to us at – api@coinswitch.co. We will get back to you once new slots open up.
SmartInvest on the CoinSwitch Pro website
CoinSwitch Pro’s desktop experience is easy and streamlined. Here is a step-by-step guide to help you understand and start your SmartInvest journey on the CoinSwitch Pro website, which is similar to the process on the CoinSwitch App.
- Login to the CoinSwitch Pro website using your CoinSwitch credentials
- Click on SmartInvest from the Products drop-down menu
- All the SmartInvest strategies will be displayed on the page
- Scroll through the page to identify the strategy that best suits your risk appetite
- If the chosen strategy has open slots, you can put in the minimum deposit amount or any amount above the minimum deposit amount
- Alternatively, you can look for strategies that have open slots and invest in the one that meets your risk appetite
- Click on Invest Now. Put in your money, sit back and relax
- The trader will do the work for you.
- You will generate passive income from your crypto investments!
Read More: What is CoinSwitch Pro, and how to use it ?
SmartInvest is algo trading simplified
While SmartInvest is an Algo trading-based product, it simplifies Algo trading and makes it accessible for all.
In SmartInvest, the algorithm will execute the trades on behalf of the registered user. The developer will run the script and monitor trades.
SmartInvest is a crypto investment product offering that leverages Algo trading. As an investor, you must deposit money in a strategy matching your risk profile. Once you deposit the money, your work is complete.
The professional trader you select will conduct all trading activity, and you can generate passive income from your investment.
SmartInvest requires zero coding knowledge or effort from the investor’s side.
Alternatively, if you know coding and want to try crypto API trading, CoinSwitch Pro offers API trading for both Spot and Futures in crypto.
If you are a professional API trader and want to become a Strategist on the CoinSwitch Pro platform, you can write to us at – api@coinswitch.co. Our team will reach out to you to know more about your experience and take it from there.
Should I invest in SmartInvest?
The crypto market is inherently volatile. SmartInvest leverages this volatility to its advantage and helps deliver returns to aspiring crypto investors who lack knowledge or time due to professional and personal commitments.
Investing a small percentage of your portfolio in SmartInvest can help you diversify your portfolio while leveraging the crypto market.
Crypto trading is a high-risk, high-return endeavor. Thus, adding a flavor of crypto investments to your portfolio can boost your overall portfolio returns, especially when traditional assets are correcting and going through a bear phase.
Though SmartInvest can be an invaluable companion in your crypto trading journey, it is advisable not to park all your savings here. Past performance, it is rightly said, does not guarantee future returns. As an investor, exercise caution, understand your risk appetite, and put in the money you are comfortable risking if the market takes a turn for the worse. Crypto products are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. DYOR.
SmartInvest in a nutshell
SmartInvest is an innovative crypto product that blends crypto algo trading and investment for users. Here, professional crypto traders vetted by the CoinSwitch team pool money from prospective crypto investors. Once the user selects a strategy, the strategy developer runs the API script and monitors trades for profit during the agreed-upon investment duration. This is a profit-sharing product in which the crypto investor shares a percentage of the profit with the strategy developer in exchange for expertise and services.
In other words, SmartInvest simplifies crypto investment for users by offering professional help and making it accessible to all. Happy investing!
FAQs
1. How exactly is profit calculated in SmartInvest?
Your profit in SmartInvest on PRO will be calculated as the difference between your account value after the invested amount has been traded, minus your initial account value. Your account value will be calculated as the sum total of your wallet balance, portfolio value, and TDS paid.
2. Do I have to write my own code to take part in SmartInvest?
No, you do not have to write any code. In order to start SmartInvest, you simply have to pick one of the available trading strategies and leave the rest to our expert developers. If you want to write your own code and run them on CoinSwitch PRO, you can try API trading.
3. How can I trust the developers strategy? Have they been tested enough?
All the strategies have been throughly tested for 6 months by the CoinSwitch team before being listed on PRO. We follow extreme due diligence on our end to ensure that only the best and most tried & tested stratgies are made available to our users.
4. Can my strategy be stopped after we have made investment in any of the strategies?
Please note that once trading has commenced per your selected strategy, trading cannot be stopped before the completion of the agreed upon duration. CoinSwitch as well as the Creator shall not entertain any requests pertaining to the stoppage of the Program prior to the agreed upon duration.
