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Trading etiquette, profit statistics, and billing.
Trading etiquette, profit statistics, and billing.
Updated over 4 months ago

Trade Monitoring

Within your dashboard, you will find a comprehensive summary of all your closed trades, along with the corresponding amounts settled as profits. Additionally, you can directly monitor your profits through the exchange’s “order history” feature.


Profit Realization

Profits typically start accumulating after the first few hours of trading. The settled profits from trades can range from small amounts, such as cents or fractions of coins, to substantial sums, including thousands of dollars or whole coins, depending on your initial balance.

The profit generation at cryptobots.io is entirely dependent on market volatility, which influences the number of trades executed each month. During low-volatility periods, like December, the number of trades and, consequently, the profits are usually lower.


Billing Process

The billing process is straightforward:

  1. Snapshot of Realized Profits: At the beginning of each month, the system captures a snapshot of your total realized profits.

  2. Profit Calculation: The system compares this snapshot to the one from the previous month and calculates the difference as the total profit for the current month.

  3. Invoice Creation: 33% of the calculated profit is determined, and an invoice is generated in the same currency as your settled profits.

  4. Payment Window: You have 48 hours to complete the payment by following the on-screen instructions. ​Failure to do so will result in the deactivation of the bot from your account.

Important Considerations Before and During Trading

Before Starting:

  • Funds: Verify that your account has the minimum required funds before sending API keys.

  • API Key Permissions: Double-check that all permissions on the API keys are correctly set.

  • Correct Wallet: Ensure funds are in the correct wallet within the exchange.

Adding Funds

  • Automatic Detection: The system automatically detects newly deposited base assets and starts trading. No notification to us is necessary.

During Trading

  • Trailing Sell Orders: Absence of visible sell orders may be due to trailing sell functionality.

  • Bot Operation:

    • Bots are considered operational when there are active orders.

    • If you don't see any active orders, please contact support.

    • Note: There's a cooldown period of approximately 20 minutes between trades.

Asset Restrictions:

  • For spot strategies, do not withdraw or convert the quoted asset.

  • Example: If you are profiting in USD by trading against BTC, then your quoted asset would be BTC. Please do not withdraw the BTC from your balance.

Tracking Profits

  • Monitor your profits via:

    • Cryptobots.io app dashboard

    • Your exchange's "order history"

Withdrawals

  • Partial Withdrawals (Derivatives):

    • For derivatives, partial withdrawals above 5% are not recommended without stopping the system first.

    • Request a bot stop before making large partial withdrawals.

    • Acceptable Partial Withdrawals: Partial withdrawals below 5% are acceptable without notification or system halt.

  • Full Withdrawals: We recommend only making full withdrawals after stopping the bot.

Sub-Accounts for Flexibility

  • While it's not mandatory, we highly recommend using sub-accounts for better flexibility. If you manage, trade, or hold different assets, sub-accounts allow for the segregation of automated trading from other activities, ensuring smoother management and reducing the risk of conflicts between strategies.


Disclaimer:
Our system includes advanced monitoring tools that detect any manual interference with the trading process. If it is discovered that a user is manually altering, adjusting, or otherwise getting involved in the trades executed by our system, or if the same account reserved for automated trading is used for manual trading or holding other coins, the account will be immediately closed. This policy is strictly enforced to maintain the integrity and optimal performance of our automated trading strategies. By using our services, you agree to abide by this policy and understand that violations will result in account termination.

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