Veles Reviews 

63
TrustScore 4.5 out of 5

4.5

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Company details

  1. Cryptocurrency Service
  2. Business administration service
  3. Business broker
  4. Computer Software Shop
  5. Non-bank financial service

Written by the company

VELES ― a user-friendly platform for creating advanced trading bots in the cryptocurrency market. Our platform connects with Binance, BingX, Bitget, BitMEX, Bybit, Gate, HTX and OKX (Spot or Perpetual Futures). Build your own DCA-trading bot using technical analysis indicators for every order (RSI, CCI, MACD, Bollinger Bands, Keltner Channel, Mean Reversion Channel, Supertrend, Turtle Zone, and 20+ others), or use ready-made strategies tested across all market stages. Fully automated trading is also available using signals from external providers and TradingView alerts. Backtest your strategies on the full asset history. Your personal cabinet is accessible in any browser or via the mobile app (iOS, Android). Explore the full list of settings in our detailed Wiki. Check out our blog articles for example strategies. Contact Support for more information.


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4.5

Excellent

TrustScore 4.5 out of 5

63 reviews

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4.5

All reviews

(63)

20 reviews in the last 12 months

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Rated 5 out of 5 stars

My recommendation

I have been using Veles since 2023, and my experience has been positive throughout. The platform is convenient, easy to understand, and genuinely useful for creating and running trading bots. I like that the service keeps improving, with regular updates, new features, and useful tools for trading and backtesting. It is also very convenient to manage my trading account directly through the platform. Over all this time, I have not had any serious problems, so I continue using Veles and can confidently recommend this service based on my experience.

30 April 2025
Unprompted review
Rated 5 out of 5 stars

It's a good alternative to manual trading.

I've been using the Veles platform for several years now. It's a good alternative to manual trading. The bots do their job even when you're not on the charts. However, that doesn't mean you can rely entirely on them. You need to do your own market analysis.

16 July 2025
Unprompted review
Rated 5 out of 5 stars

Love Veles

Using Veles for months, they are amazing, fast bots, quick support , general operations runs very cool 🔥🔥🔥

7 April 2026
Unprompted review
Rated 1 out of 5 stars

There are problems with the bots that caused liquidation

There are problems with the bots. They have a specific function to limit each API key to one order at a time, but it didn't work properly and placed overlapping orders. I've closed four accounts due to this problem. The worst thing is that their technical support randomly comes up with excuses to shift responsibility. Every time I show them that the excuse is false, they come up with another one. At first, they denied there were overlapping orders. I showed them screenshots of their own platform, which clearly show the overlapping orders. Then they said it was the fault of the different API keys working in overlapping mode. So I sent them screenshots of each subaccount, each working with a single API key. In the screenshots, they noted that one of the four accounts is a copy trader, so they blamed that, citing an article on their website. What about the other three accounts??? Then, reading the cited article, I discovered that the problem with copy trading could be the failure to launch a bot, not problems opening/closing orders. I ask them to take this matter seriously, because if it were to happen again, I'd be the one to lose my money. They promptly replied that it was the fault of multiple API keys working simultaneously, the same response as before, which has already been denied. Very serious indeed...

10 October 2025
Unprompted review
Veles logo

Reply from Veles

Hello!

First of all, let us express our regret for your situation. The market drawdown on October 10-11 affected a record number of people.

At the same time, we should note that the best, safest bot will not be able to avoid liquidation if it is not provided with the necessary funds to support the position. The concept of a "Safe strategy" includes not only bot settings and locks on the platform, but also consideration of the mechanics of futures trading, knowledge of how and when liquidation is triggered.

The condition for setting up a lock is that a bot stopped with an error releases the lock slot and another bot can open a trade. Most often, this happens at the moment of drawdown due to a lack of margin (when the user has not provided sufficient margin to support positions). This is where we see this sad effect, when bots one by one open deals on an account where there is already a shortage of funds, and exacerbate the problem.

If there are no errors in the bots, and there is enough balance in the drawdown for all the bots, then the lock works as it should, as we observe. Otherwise we would receive hundreds of complaints every day.
Specifically, on October 10 and 11, we recorded a huge number of successful deals completed by our bots - statistics for each day are available in the Telegram community group.

The methodology for calculating the required balance to support the bot is available in our help system (Wiki), we kindly ask all our users to study it and use it.

We wish you successful and safe trading in the future!

Rated 5 out of 5 stars

My personal positive experience

In my opinion, the Veles platform is one of the most useful for those making money in crypto.
I've been using it for a year now, using both spot and futures bots. I started with minimal trial deposits. During this time, my total deposit has increased sevenfold by reinvesting my earnings.
Key advantages:
1. Excellent HELP Center, with a very detailed description of functions and training materials.
2. The bots contain numerous settings that allow you to improve your results.
3. Backtesting function for checking your settings.
4. Very reasonable maintenance fee of 20%, but not exceeding $50 per month, regardless of profit volume.
5. Live online support, instead of the now common support at the level of answering standard questions.
and many other good things.
All that remains is to wish you continued success!

30 September 2024
Unprompted review
Rated 1 out of 5 stars

Bad bot algorithm. SCAM

Bad bot algorithm

The bot's algorithm is designed so you never win. its like an honeypot. You get small wins from the algorithm but when you enter with a large amount, you lose all your money.

I have lost a total of 15,870 USD to this platform. The bot never triggers at the right time. The people on my display picture are the best i have seen. they have helped me recover.

Avoid Veles unless you want to lose all your money

5 March 2025
Unprompted review
Veles logo

Reply from Veles

Hello,

We are truly sorry to hear about your experience with our platform. We understand how frustrating financial losses can be, and we genuinely want to assist you in resolving this situation.

While the risk of losses is an inherent part of trading and investing, our goal is to provide tools that help minimize these risks. We also offer guidance and practical methods to help our users make informed decisions and potentially achieve consistent results. We work hard to ensure our algorithms and bots operate transparently and reliably, but it is always important for users to follow proper risk management practices and invest amounts suitable for their individual circumstances.

We sincerely want to help and encourage you to reach out to our support team at support@veles.finance. Our specialists can explain how the bot works in detail and discuss strategies to better manage risks moving forward.

Thank you for your feedback — it is invaluable in helping us improve our services and support for all users.

Best regards,
The Veles Team

Rated 5 out of 5 stars

I've been using Veles for a while now

I've been using Veles for a while now, and it's truly a game-changer in the world of cryptocurrency trading bots! The platform is intuitive, feature-rich, and constantly improving. What really stands out is their mission to make trading bots accessible to everyone, and they're nailing it.

The support team is super responsive and always ready to help with any issues or questions. It's evident that they're passionate about creating a top-notch experience for their users. I can't wait to see how Veles continues to innovate and grow. Highly recommended for anyone looking to step into automated crypto trading!

Date of experience: November 18, 2024

18 November 2024
Unprompted review
Rated 5 out of 5 stars

Veles excellent

I’ve been using Veles for algotrading, and it’s truly impressive. The platform provides a flexible and accessible environment for setting up trading bots and running backtests. It’s user-friendly, allowing for customization and adjustments that cater to a wide range of trading strategies. The support team is excellent—responsive and genuinely helpful, making the experience even smoother. Veles has definitely elevated my trading process, and I highly recommend it to anyone looking to streamline and optimize their algorithmic trading in the crypto space.

13 November 2024
Unprompted review
Rated 4 out of 5 stars

I have a pretty good experience with the platform

Since I just started using their trading bots, I have a pretty good experience with the platform. The backtests are an excellent feature. Also, the good side is that their commission fees are quite low compared to other platforms. What I'd like to see is more functionality for the bots and probably more simplicity for the newcomers.

6 August 2024
Unprompted review
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