LegendOfGod
Audience Engagement Expert
2
MONTHS
2 2 MONTHS OF SERVICE
LEVEL 2
700 XP
for club members. Join Club Members NOW: HERE
Step 1: Sign Up for a Free Trial
First, visit a website called cex.io and start a free trial. This trial lasts for two weeks, and you won't need to enter your credit card information. It allows you to try out their Premium plan risk-free.
Step 2: Sign Up to an Exchange
Next, you’ll need to sign up for a cryptocurrency exchange. This is where the bot will make trades for you. You can use popular exchanges like Binance, BitG, or KuCoin. Choose the one that works in your country.
Step 3: Set Up the Trading Bot
Now, let’s dive into how the bot works. The bot uses a method called DCA (Dollar Cost Averaging). It places trades based on market conditions—buying when prices drop and selling when they rise. The bot takes care of everything automatically.
Step 4: Fund Your Account
To get started, deposit some USDT (Tether) into your exchange account. The more you deposit, the better, as the bot allocates a percentage of your funds to each trade.
Step 5: Connect to the Exchange
After funding your account, go to the "Derivatives" section and then to "Futures USD." Transfer your tether to the USDT Perpetual Futures. You’re now set up for leveraged trading, but remember, there's a risk involved. The bot will handle most of the work.
Step 6: Create and Customize Your Bot
Go to the "Accounts and Groups" section and create an account. Choose the platform you signed up for (like Binance Futures or KuCoin Futures). Connect your account using API keys from your exchange.
Step 7: Find and Subscribe to a Bot
Now, visit the bot marketplace to find a bot that suits you. Some bots offer free trials, while others require a monthly subscription. The DCA bot is a solid choice. Subscribe to a bot and connect it to your account.
Step 8: Configure the Bot
Once connected, you can create your bot and set it to trade a small percentage of your account balance, like 2-3%. You can also tweak advanced settings, but it’s best to leave them as is if you’re new to this.
Step 9: Boost Your Profits
There’s a trick to increase your profits, but it comes with risks. By adjusting the bot's settings to allocate a larger percentage to the first trade, you can potentially make more money when the market rises. However, this is risky in volatile markets, so beginners should stick to the default settings.
Step 10: Monitor and Adjust
The bot will now start trading on your behalf. Monitor its performance and make adjustments if needed. Over time, you can increase your earnings as you gain experience. (Step 10: Why It's Scalable) Increased Capital: By investing more money into your trading account, you can potentially increase your returns since the bot will have more funds to work with. Leverage and Advanced Strategies: As you become more comfortable with the platform and the bot’s mechanics, you can explore more advanced trading strategies, use higher leverage, or tweak the bot's settings to maximize profits. Diversifying Across Bots: You can use multiple bots or different strategies simultaneously, spreading your investment across various trading pairs or markets. Automation: Since the process is automated, scaling up doesn’t necessarily require more time or effort on your part. The bot handles the trades, allowing you to scale up your investment without needing to manually manage every trade.
Step 1: Sign Up for a Free Trial
First, visit a website called cex.io and start a free trial. This trial lasts for two weeks, and you won't need to enter your credit card information. It allows you to try out their Premium plan risk-free.
Step 2: Sign Up to an Exchange
Next, you’ll need to sign up for a cryptocurrency exchange. This is where the bot will make trades for you. You can use popular exchanges like Binance, BitG, or KuCoin. Choose the one that works in your country.
Step 3: Set Up the Trading Bot
Now, let’s dive into how the bot works. The bot uses a method called DCA (Dollar Cost Averaging). It places trades based on market conditions—buying when prices drop and selling when they rise. The bot takes care of everything automatically.
Step 4: Fund Your Account
To get started, deposit some USDT (Tether) into your exchange account. The more you deposit, the better, as the bot allocates a percentage of your funds to each trade.
Step 5: Connect to the Exchange
After funding your account, go to the "Derivatives" section and then to "Futures USD." Transfer your tether to the USDT Perpetual Futures. You’re now set up for leveraged trading, but remember, there's a risk involved. The bot will handle most of the work.
Step 6: Create and Customize Your Bot
Go to the "Accounts and Groups" section and create an account. Choose the platform you signed up for (like Binance Futures or KuCoin Futures). Connect your account using API keys from your exchange.
Step 7: Find and Subscribe to a Bot
Now, visit the bot marketplace to find a bot that suits you. Some bots offer free trials, while others require a monthly subscription. The DCA bot is a solid choice. Subscribe to a bot and connect it to your account.
Step 8: Configure the Bot
Once connected, you can create your bot and set it to trade a small percentage of your account balance, like 2-3%. You can also tweak advanced settings, but it’s best to leave them as is if you’re new to this.
Step 9: Boost Your Profits
There’s a trick to increase your profits, but it comes with risks. By adjusting the bot's settings to allocate a larger percentage to the first trade, you can potentially make more money when the market rises. However, this is risky in volatile markets, so beginners should stick to the default settings.
Step 10: Monitor and Adjust
The bot will now start trading on your behalf. Monitor its performance and make adjustments if needed. Over time, you can increase your earnings as you gain experience. (Step 10: Why It's Scalable) Increased Capital: By investing more money into your trading account, you can potentially increase your returns since the bot will have more funds to work with. Leverage and Advanced Strategies: As you become more comfortable with the platform and the bot’s mechanics, you can explore more advanced trading strategies, use higher leverage, or tweak the bot's settings to maximize profits. Diversifying Across Bots: You can use multiple bots or different strategies simultaneously, spreading your investment across various trading pairs or markets. Automation: Since the process is automated, scaling up doesn’t necessarily require more time or effort on your part. The bot handles the trades, allowing you to scale up your investment without needing to manually manage every trade.
