Profit trailer crypto trading robot
View all posts by etherico. Your email address will not be published. Notify me of follow-up comments by email. Notify me of new posts by email. Cryptocurrency trading is hot but can also be quite demanding, a bitcoin trading bot can help! Profittrailer After thoroughly testing many open source trading bots like Gekko and Tribeca, we found that these bots came close to what we wanted but they never realized the potential that was actually there.
Getting started Follow these steps to start your bitcoin trading bot: It is recommended to run it on a VPS server. In order to be able to trade, you need a trading account. Profittrailer supports several exchanges, we recommend Binance because of its trading fee structure. After creating an account, you should buy some BNB tokens first.
These tokens will get you a discount on trading fees. As Profittrailer will make many trades, this is definitely worth spending money on.
Also put some BTC balance on your account, it should be enough to trade with multiple pairs while also having a reserve for DCA trades. Order a Binance license for Profittrailer. You will need Binance API keys. You can generate your API key via your user profile on Binance. After completing the payment process, you will get an email with installation instructions. You need Telegram installed on your computer or mobile phone. In order to activate your Profittrailer license, you need to talk to a Telegram bot.
Profittrailer has several localized and global Telegram channels, used for announcements and for connecting the community of users. Last but not least, the tool can send you Telegram notifications whenever the bitcoin trading bot makes a transaction. Installing your Bitcoin trading bot If you have a running VPS, a Profittrailer license and a Binance account, you can continue installing the software.
Instructions on how to do this can be found on this Digital Ocean help page. Once you are logged in, follow the instructions as given in the Profittrailer VPS installation guide. Configuration of your Bitcoin trading bot Profittrailer is fully configurable, you can adjust it for almost any strategy.
Tagged altcoin binance bitcoin bot crypto profittrailer trading tradingbot. Here are a few of my 'bags' currently held.
So in situations like the last few days, you can expect ZERO profit days with a low balance because you do not have enough money to allow the bot to DCA multiple times to keep your negative profit reasonable. The only thing to do is wait it out, until the market corrects. The bigger your balance to play with the better as always, right? I think the absolute minimum to get the best out of Profittrailer is 0. If you want to check it out and I am not an affiliate you can do so at: Feature any Steemit post using resteemit.
Now for the downside Authors get paid when people like you upvote their post. Still using it yes