Once you have created a bot, you can activate it and start to trade by adding a subscription to it.
To do so, click on the DCA or API bots tab in the top menu or click here (DCA) or here (API).
To be able to invest in a strategy, you need to:
1) Connect an exchange (which is supported by the strategy where you want to invest). Learn how to connect an exchange here.
2) Have enough balance in your M-wallet. Learn how to deposit assets here.
By clicking on the "three points" on the right-hand side and choosing "+Add New Subscription", you can activate your bot.
The following page will render.
Select Your Exchange: Select the exchange key where you want to trade with this strategy.
Assets Available: The available assets in your exchange.
Set Up Your Investment
You have two ways of how you can set up your investment
-
Basic mode
- Expected Investment: This is what you expect the bot to invest. To learn more read here.
-
Advanced mode
- Base Order Size: It indicates the size of the first order when a new position is open. To learn more read here.
- Max n. Of Positions: This is the maximum number of positions that can be opened at the same time
- Reinvest your profits: Activate it to let the bot reinvest your profits in the strategy. Learn more about auto-compounding works here.
Understanding the investment overview
- Expected Investment (only for DCA bots): It will give you a reference about how much the bot will realistically be using (based on the 30-day average of open positions). To find out more about how the expected investment is calculated visit here.
- Maximum Investment (DCA and API Bot): it is the maximum amount of assets that the bot can invest based on your setup. (Based on every Base Order & Safety Order being used at the same time). To find out more about how the expected maximum is calculated click here (DCA) or here (API).
- DCA Details (only for DCA bots): You can view how base orders, safety orders, and expected and maximum assets allocated are calculated. Learn more here.
Click on next and get access to the confirmation page.
Balance Available: This is the balance you need to pay fees. Where do I see my balance?
Performance Fee: This is the performance fee set by the trader. Learn more here.