In high-frequency automated trading, every transaction executed by the algorithm incurs exchange fees, which are standard charges applied by the cryptocurrency exchange you trade on.
These fees can vary depending on the exchange, your account's trading volume, and whether the trades are classified as maker or taker transactions.
It is the user's responsibility to cover these exchange fees. They are directly deducted from your exchange account by the platform where the trades occur. Before starting automated trading, ensure your account has sufficient funds to cover these charges alongside your trading capital.
Our service focuses on optimizing your trading strategies, but we have no control over the fees charged by exchanges. Therefore, we recommend reviewing your exchange’s fee structure and understanding how it may impact your overall returns.
Explore these resources:
FAQ: Quick answers to common questions.
Setup Guide: Step-by-step instructions for new users.
Strategy Guides: Detailed explanations of our trading products.
Exchanges: Explore our supported list of exchanges.
Bot Explorer: Select and activate your preferred strategy.
API Key Guides: Learn to generate and manage API keys.
Trading Guidelines: Understand our policies and expectations.
Automated Trading Guide: Insights on mechanics and risks.
All about cryptobots.io: Learn about our company and mission.
Profit Share: Manage your earnings and payments.
Affiliate Network: Track your referrals and commissions.
My Bots: Monitor your active trades and their performance.
In-app Help: Access tutorial videos and help guides.
Glossary: Definitions for cryptocurrency and trading terms.