“Tesler Investments app” – Is it a legit trading app? - The world of cryptocurrency engulfed almost everyone. Those who weren’t even enthusiasts saw its potential and decided to dive into it. As per the estimate, the current market volume is more than $102 billion (for stable coins) with an increased percentage of 40.
This amazing growth shows the potential of crypto trading. However, one thing to note here is the market accessibility via crypto trading platforms. Crypto trading platforms allow users to access the market, get real-time information on how each coin is operating, and make trades using this information.
It’s due to the platforms that users are able to buy more cryptocurrency as well as engage in trading it for profits. Meanwhile, platforms also allow users to invest money into coins and make optimal decisions, turning the investment into huge profits.
One such amazing platform is Tesler. Also known as Tesler Trading, this platform allows users to trade using virtual currency. Tesler investments allow traders to invest money or even cryptocurrency as collateral, make trades, and earn good profits.
But how legit is the platform and how real are the profit returns; we’ll be checking that in this article. Our Tesler review will illustrate how the platform operates, what are its mechanics, and how users can opt for it for trading purposes. So, let’s get started:
What is Tesler?
As mentioned earlier, Tesler is a cryptocurrency trading platform that allows users to trade online. It’s an effective platform for beginner traders and professionals as well. The platform allows users to trade virtual/ cryptocurrencies including Bitcoin, Ethereum, Dogecoin, and more.
How does Tesler Work?
Amongst the many features of Tesler is that it operates using AI and machine learning protocols combined with trading algorithms. The use of AI bots allows traders to get help during their trading journey.
In addition, machine learning engages AI bots in learning user trading preferences as well as acquiring the right information regarding the market. The bots are also capable of trading automatically when allowed (we’ll discuss this later), which makes trading even easier.
As for the algorithms, these are programmed to analyze the market trends and provide accurate insights to the users within seconds. This is an important feature since every trading platform prides itself on offering reliable information regarding how each currency is working.
The crypto market is quite volatile and not having information of where the market stands will lead the traders into making ineffective decisions. Moreover, the accuracy of the algorithms ensures a high success rate.
Fortunately, Tesler offers a success rate of 85%, which means 85 out of 100 trading insights will be accurate, which you can use to turn your investments into profits.
Features of Tesler Trading
It’s time to check out some of the features that make Tesler a good choice among its competitors. Upon our Tesler review, we evaluated these factors and found out that the platform as well as the Tesler app offers great perks, some of which are as follows:
Allows Trading With Multiple Exchanges
Multiple exchanges mean accessing different platforms for acquiring a unique set of cryptocurrency trading pairs. These pairs diversify your portfolio and give a boost to your profile in terms of trading.
Fortunately, Tesler allows users to avail access to multiple exchanges. It’s not limited to one, and with more access, you can acquire more currencies. Hence, as a trader, you can invest more and use the investment for trading later to earn profits.
Faster Trading
As mentioned earlier, it’s important that the trading platform you’re using offers faster execution with accuracy to score the right deal. Traders need to watch out for opportunities and make decisions swiftly. Only then their investments can pay off.
Fortunately, Tesler supports the users working on its platform by offering faster execution of trading decisions. Without any lags or delays, it helps pick the right deal for you to confirm and execute it right away.
As a result, you’re able to acquire multiple deals without missing any and can convert your investments into profits for maximum returns.
Real-Time Information
For a trading platform to be trustworthy, it’s important that it offers accurate insights. This can only be established when the platform gathers information from the market in real-time. Hence, it’s important that the platform collects, records, and presents real-time market information.
We found out that Tesler’s algorithms and AI bots offer accurate insights by collecting real-time information. Using this information, the bots then present opportunities to the traders, enabling them to make the right decisions.
Also, the machine learning protocols in the platform allow the platform to calibrate according to the user’s preferences. Once done, it keeps a tab on the information required by the users and fetches it beforehand. Hence, the entire data collection, presentation, and usage process is streamlined.
AI bots and Machine Learning
You already know what these are if you’re reading about them here. But since we’re reviewing Tesler, mentioning them is important. The algorithm behind Tesler is designed to assist users by fetching important market information.
However, with the help of AI bots, this information is not only collected on its own but used for making trades. The traders can enable automatic mode where the bots will collect information based on the user preferences received via machine learning protocols.
Hence, even when the users are not available for trading, they can enable automatic trading and still earn a good amount of profits via the bots.
User Friendly
Gone are the days when you had to face HTML-based static websites. Now, with the latest intuitive design, the websites are even more engaging. What’s important is that trading platforms require even more friendlier designs.
The reason for this is that users need to focus on trading and ensure that everything goes smoothly. If the interface and the site aren’t working properly, the users won’t be able to work around the trading processes.
Fortunately, Tesler comes with a user-friendly design that allows traders to work without getting affected. The site’s dashboard is easily accessible and allows the users to work around without getting lost.
Moreover, beginners can easily access the site without any hassle since it’s easy to understand and also comes with site tutorials for hands-on experience.
Faster Withdraws
Another important element is accessing the withdrawals so that everything goes smoothly. If you’re trading on the platform, you should be able to access the money earned quickly so that you can use it for further investments.
Hence, withdrawals play an important part in making a platform worthwhile. Again, Tesler provides an amazing withdrawal experience to its users by minimizing the time for access. Users can access their earnings anytime they want and can withdraw them into their account online or transfer them to their banking accounts.
Reliable Customer Service
Technical issues can occur anytime and not having someone that can help you with them is a hassle. Since we’re talking about cryptocurrency trading platforms, it’s imperative the site doesn’t face any technical difficulties.
Plus, any such instance should readily be negated so that users and their data remain safe, and for that, reliable customer service is important. Tesler’s customer service is quite effective in this matter.
It’s readily available 24/7 and offers quick assistance to users for any queries or issues. Whether it’s account problems, bots, brokers, or general information, customer support assists the users effectively.
Low Commissions and Trading Fee
Most platforms charge customers for using their services. However, this fee is high and often users are left with little margins at the end of the trade. In addition, trading fee is another important factor that plays a part in the calculations of the margins.
In most cases, the platforms charge trading fees apart from transaction fees, which increases the total amount that the users have to pay. Often traders avoid using such platforms; however, with Tesler, you won’t face such a hassle.
The commission fee is as low as 0.01%, which is why this platform is great for beginners who are starting their trading journey. In addition, professional traders can also take advantage of this and avoid paying hefty fees for their profits.
Leveraging Feature
For those who don’t know, leveraging is the ability to borrow investment amounts from brokers. Using this amount, users can engage in high trades and earn bigger profits. Tesler offers a leverage-friendly feature to the users, allowing them to borrow up to $15,000 from the brokers that they’re working with.
However, this feature shouldn’t be taken lightly as you’re borrowing money from the brokers, which you’ll invest. If things go sideways, then you’ll be in debt since the return would not be as much as you’ve expected. Hence, you should only use leveraging if you have ample amount to support the return in case returns aren’t satisfactory.
Demo Account
A good thing about Tesler is that it comes with 3 modes of accounts, including a demo account, a manual, and an automatic account. The demo account is for beginners to ensure that they acquire hands-on experience with the platform. This also allows them to trade using virtual demo money and learn the mechanics effectively.
Low Initial Amount
You can easily get started with Tesler for as low as $250. This is an initial investment amount that is used to verify your details as well as provide you with capital to use for beginning trading. Once you’re done using it, you can invest more money into your account’s wallet and use it for trading.
Some Downsides to Tesler
Even though it has some amazing features, Tesler still lacks some potential that should be explored.
Availability
Unfortunately, Tesler isn’t available in all countries, which is why you should ensure that it’s available in your location. However, if it’s not, you can use a VPN to access locations where it is available.
However, using a VPN isn’t recommended for several reasons. For starters, a VPN doesn’t have a stable connection. Slight disconnection or lag from the server, and you can lose a potentially viable deal. Hence, ensure that you’re not using a VPN for high deals or where you’ve invested a lot of money.
Technical Issues
As highlighted earlier, technical issues are a part of every website. However, trading websites need to ensure that such instances are mitigated as they would damage the traders. Users of Tesler have reported somewhat issues with the site. However, customer support is readily available to resolve them.
Getting Started with Tesler
Now that we’ve gone through the features of Tesler and it works, it’s time for you to get started by creating your account on the platform. Here’s how you can get started:
Simply visit Tesler’s official website and head to sign up.
Once done, you’ll be navigated to create your account.
You’ll be asked to enter primary information such as name, email address, etc.
Next, you’ll be asked to input your bank details, which will be used to verify your account.
Once done, you’ll be asked to provide a $250 initial investment amount. This amount also acts as verification as well as an investment that can be used later.
Once you pay the amount, you’ll head to your account where you can select whether to continue in demo mode, manual, or automatic mode.
It’s that simple! Following the steps above, you can easily create your account on Tesler Trading and get started.
Is Tesler Trading Investment Legit?
From Tesler's review, we can say that the platform is legit and offers a great deal of perks with trading. From superb interface to user-friendly workability, robust customer service to automation, you can rely on the platform for any kind of trading.
One thing to note is that most traders dive into real trading right away. However, traders are recommended to go for the demo account to get experience with the mechanics. In addition, users are requested to collaborate with the customer service in case of any issue.
Moreover, leveraging should not be used casually and users should only invest the money that they can afford to lose. Apart from this, Tesler offers a safe trading experience for traders who want to trade cryptocurrency from multiple exchanges. We recommend joining the platform due to its high success rate and manifolds of benefits. Open an account with the Tesler trading app today!
Disclaimer: The above is a contributor post, the views expressed are those of the contributor and do not represent the stand and views of Outlook Editorial.