Short Answer
No, a sub-account isn’t required unless you’re using the same exchange account for discretionary trading with the same assets as our system. Our bot must be the only one trading the assets in the account, and we take it seriously if users manually interfere with the algorithm’s trades.
Why Consider a Sub-Account?
We strongly recommend creating a sub-account for greater flexibility and control. A sub-account allows you to:
Manage, trade, or hold different assets within the same exchange account more efficiently.
Handle multiple asset types with smoother transitions.
Keep your investments organized and easier to track.
What Is a Sub-Account?
A sub-account is a separate account within your main exchange account. It operates like the main account but has its own distinct assets and settings. You can create multiple sub-accounts for various purposes, such as:
Automated trading (e.g., with our bot).
Discretionary trading.
Long-term holding.
Benefits of a Sub-Account
Better Organization: Separate your assets into different sub-accounts based on your goals, making it easier to monitor performance and make informed decisions.
Simplified Tax Reporting: Keeping assets distinct can streamline calculating gains and losses for tax purposes.
Enhanced Flexibility: Manage multiple strategies or asset types without mixing them up.
Our Recommendation
While not mandatory, a sub-account offers significant advantages for flexibility, control, and security. We highly encourage you to consider this option to optimize your experience with our automated trading system.
Do you need more information?
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.