How To Setup Your Trade-Mining Bot on CoinEx

Follow these steps to setup your Trade-Mining Bot for CoinEx:

Signup for CoinEx now

1. Signup a new account on CoinEx. We will refer to this as Account A.

2. Use the referral link of Account A to signup another account (Account B).
This is necessary because your 20% daily referral bonus is how the bot makes you profit every day.

3. Go to the mining page and Lock as much CET as you want in multiples of 10,000 CET on Account B. You need to lock at least 10,000.

4. Deposit BTC into Account B. The bot will use this for trade-mining. Recommendation: 0.05BTC per 100 mining difficulty

5. On Account B go to Account > API and hit the “Create API key” button. For “Note” give your API key any name you want. Enter your IP address in the “Usable IP addresses” box (visit https://api.coinex.com/v1/test/ip to see your IP address). Leave“Withdrawable” box unchecked.

Make sure to enter the correct IP address for the computer that will run the bot

6. Copy the “Access ID” and enter it on the New Account page (Click Here) where it says “API key.” Fill in your Telegram name and Coinex email address and press “Save.” Doing this gives you a 2 hour free trial to see how the bot works.

7. Download the Coinex Bot from www.transminerbot.com onto the PC or VPS that you want to use to run it. A popular choice is Amazon EC2 which is free for 1 year.

8. Once download is complete, open the config.txt file. Put in your Access ID and Secret Key in the appropriate fields. Save and close the file.

9. Double click the start_miner file to run the bot.
*Mac users will have to run start_miner from the terminal.

Once the bot is running you can leave it alone :)

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All done! Once the bot is running you can sit back and collect your CET referral rewards which will appear in your Account A every day around the same time. Allow 24 hours for the first reward to appear.

Here’s a screenshot of my Account A where I get the rewards (I locked 100,000 CET in Account B):

Daily referral rewards for Account A is your PROFIT. Account B is where the bot trades and breaks even.

This is how to calculate how much PROFIT (Daily CET Referral Reward) the bot makes each day:

Account B Mining Difficulty*24*0.20 = PROFIT

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The bot will run free for 2 hours so you can see how it works. If you wish to continue a one-year license costs 0.05 BTC.

Questions? Reach me on telegram: https://t.me/coinextrademiner
Feel free to join our official discussion group: https://t.me/transmining

Official Trade-Mining Rules: https://support.coinex.com/hc/en-us/articles/360006277834