Royal Q Trading Bot Set up and Review 2022

Kripto Enthusiast
11 min readOct 11, 2021

--

Royal Q Bot

An increasing number of developers are creating crypto trading bots to help traders and speculators alike. Unfortunately, many of them wind up losing money in the market…

The Royal Q bot, which has earned a lot of notoriety for its profitability, has recently received a lot of attention. In any case, we’ll see if this is profitable or not. For the past few months, I’ve been trading with this bot. So, I’ll walk you through how this platform works and share my initial impressions, stats, and overall experience with you.

What is Royal Q?

Royal Q is a cryptocurrency trading online platform that trades on your behalf in your Binance, Coinbase Pro or Huobi account using Application Programming Interface (API) settings. Since investors do not require expert trading abilities to purchase and sell in the cryptocurrency market, it is suitable for beginners.

Royal Q Crypto trading bots may save you a lot of time and money compared to hiring human specialists.

It was created in China and is currently owned by a Chinese corporation.

Royal Q Bot

How Did Royal Q Become Well-Known?

Let’s look at how and why it’s become so popular.

  • Royal Q’s extremely user-friendly design
  • A fantastic referral scheme to earn ongoing, passive money
  • Mobile app for bot crypto trading
  • Trading integration with Binance and Huobi cryptocurrency exchanges
  • Low commission and annual activation costs make it one of the best quality options for everyone
  • You can effortlessly trade without having to deal with unneeded (and occasionally uncontrolled) human emotions
  • Your cryptocurrencies are secure on the exchange platform, and you have complete control over them
  • Royal Q can be turned off at any time

That’s a lot of advantages!

Plus, at this time, I can tell you from personal experience that I see no indications that Royal Q is a fraud. I sincerely hope I’m not mistaken. If you have any doubts about this trading bot, don’t use it.

Disclaimer: I am not your financial advisor or a cryptocurrency specialist. All thoughts expressed are based on my personal experience and are solely for educational and informational purposes. Never put money into an investment that you can’t afford to lose. Ever!

How does Royal Q work?

There are two different ways to make money from Royal Q.

  • Trade Cryptocurrency
  • Use Affiliate (Referral) links

Trading

Our primary aim is to have the bot earn money for us through quantitative trading. So, in order to begin trading, you must first register at Royal Q’s official link. Then synchronize it to the Binance, Coinbase Pro or Huobi API to execute the deal on your behalf without the need for human intervention. It should be noted that you cannot sign up for Royal Q without an invitation link! Here is a link to it: https://raqsy.com/s/TC29J

After you’ve set up your account, all you have to do is get a cup of coffee and sit back while this robot trades cryptocurrencies for you based on your capital amount. Currently, the monthly return on investment (ROI) ranges between 5–15 %. ROI is determined by the current market environment, as well as your trading choices. The good news is that your income is compounding, which means that it produces earnings from past earnings.

The Royal Q platform has no access to your deposited funds, making it so much safer for you.

Affiliate

Aside from trading, Royal Q’s affiliate program is also worth investigating.

This is not the typical “refer a friend, get a one-time reward” system used by most exchanges and services. However, with the framework they created, it is possible to create a business around this feature.

There are six distinct referral levels in the Royal Q affiliate program. In the first level, you’ll receive a 30 USDT instant commission on everyone you invite to join, as well as a percentage of their trades. As a result, as the number of referrals grows, so do the profits.

This platform features one of the most outstanding referral systems for earning passive money while your bot trades and makes profits 24 hours a day, seven days a week. How does that sound?

However, you are not required to share affiliate links or invite friends if you do not choose to do so. You can just make money by trading.

Royal Q affilate

How to Get Started on Royal Q

It’s a simple five-step process to get started.

1. Create an Account

To recap, you cannot start without an invitation link. Here is the link: https://raqsy.com/s/TC29J

If you skip this link and go straight to the website, you’ll need these five symbols from the last section of the URL: TC29J. You should enter them into the “Invitation Code” box.

Enter your email address and click the “Send Verification Code” button to receive the code in your inbox.

When you receive it, put it in the verification code box and enter your password. When you’re finished, click the register button to continue.

After completing the account registration, you will see a link to download the app on the next page. Install the app and log in to activate it on your mobile device using the same credentials as your previously created account. If you cannot download the app through the links provided, go straight to the App Store or Google Play and search for it. Be cautious and do not download any Royal Q app clones or frauds!

Royal Q account

2. Activate your account

After installing the app on your mobile device, activate your mobile account by just logging in.

On the app, choose “Mine” and then “asset,” where you will discover a “deposit” icon.

Royal Q deposit

Copy your Royal Q wallet address in the deposit area so that you may send Tether USDT 140 (TRC-20) coin to the wallet address.

It’s critical to note that you should only deposit Tether USDT and not any other currency. When making a deposit, you must utilize the TRC-20 network. From the 140 USDT invested, 120 USDT is an annual Royal Q charge, and the remaining 20 USDT will be gradually utilized to pay transaction costs as your bot trades. It’s worth noting that the yearly cost was only 100 USDT at the start of September.

Due to great demand, they’ve gradually raised the payment. Always double-check the charge amount.

Then, click the “activate” icon on the top of the app to activate your account.

Immediately after, you will be asked to identify your nation: select the correct one, and continue.

You’ll see something similar to the image below; keep it as is and click on “Activate” to activate the account.

Royal Q app activation

3. API Binding with Binance

After you’ve activated your Royal Q account, you’ll need to connect your bot to your Binance, Coinbase Pro or Huobi accounts. Prepare yourself because you will need to concentrate on copying and pasting a lot correctly. I recommend using a smartphone or tablet to access Royal Q and use a PC or laptop to access Binance.

If you don’t have a Binance account, you can create one here by clicking this link. https://accounts.binance.com/en/register?ref=38589356

Perform the following when you have a Binance account:

  • Sign in to your Binance account and then click on the Profile button >API Management.
Binance API
  • Create an API by calling it “Royal Q” or any other name you choose, then click the create API button.
Binance API
  • Copy your API key and secret key. It is important to note that your API key and secret key should be kept private. They are just like a password.
  • Go to your Royal Q app, select Mine > API binding > Binance, then paste your API key and secret key there.
Royal Q API
Royal Q API code
  • Return to your Binance API and choose “Edit restriction.”
  • Check the boxes next to “Enable Reading” and “Enable Spot & Margin Trading” in the section “API Restriction.” The remaining boxes will remain unticked.
Binance API restrictions
  • Go back to your Royal Q “Binance Binding” > “IP Group binding” and copy the IP addresses.
Binance API Royal Q Bind
  • Afterwards, go back to your Binance API, and under the section “IP Access Restrictions,” tick “Restrict access to trusted IPs only (Recommended).” After that, an empty box will appear below “Restrict access to trusted IPs only (Recommended).” Paste the IP addresses that you copied previously into Royal Q and approve.
  • Now, click the “Save” button to complete the Binance API settings.
  • Click back to your Royal Q API and click to receive the verification code. After that, when you enter the verification code tick, read “Risk Warnings.” They are important! Lastly, click “Bind.” Congrats, you are done with API Bind!
Binance Royal Q Bot API

API Binding with Huobi or Coinbase Pro

If you want to bind Royal Q with Huobi or Coinbase Pro, the steps are very similar to API binding process with the Binance exchange. Actually, you can find a detailed guide on how to do that inside the Royal Q app.

What to do:

  • Sign in to your app.
  • Click “Home” > “User guide.”
  • Then on the list, you can find instructions for Huobi or Coinbase Pro.
  • Follow the steps.

4. Deposit Tether USDT

Check to see whether you have any Tether USDT in your Binance, Coinbase Pro or Huobi account. If not, deposit some so that the bot may start trading.

To put my plan into motion, I started with 100 USDT on my Binance trading balance. I loved how this bot was generating crypto, so I recently added an extra 300 USDT, with the goal of reaching at least 1,000 USDT. Some argue that keeping 1000–2000 USDT in your crypto exchange balance is an ideal starting point for trading and helps to accelerate the earning process.

However, I’ve heard that some people started with as little as 10–50 USDT and built their trading balance with the aid of the affiliate program. Everything is attainable. It’s all up to you.

5. Start Trading

There are two ways to start trading.

Royal Q Strategies

The first method is better suited for experienced traders.

  • Launch your Royal Q app and then select “Quantitative” from the main page.
  • There are several trading pairs available here. Simply make your selections and press the “start” button.
  • Modify trade parameters as needed.
  • To view your daily profits, go to the main page and click on “Revenue.”

If you want to learn more, there is also a user guide on how to utilize quantitative trading in the app’s above section.

Royal Q user guide

The second choice, more suited for beginners and which I prefer is “Circle.” The truth is that many expert traders who utilize this software will let you duplicate their trading strategies. All you have to do is synchronize your trade settings with theirs. You should sometimes share a little portion of your profit with them (typically 0.5–1 percent, which is collected automatically and requires no action on your part).

  • Launch your app and then select “Circle” at the bottom.
  • There are many trading strategies available here. You can check them one by one.
  • If you’re interested in any of them and want to learn more, click “Apply to join.” You can then see further details about this technique, including how profitable it is, as well as the ability to join their chat.
  • If you like that strategy, you should go further into the settings and click “Sync Strategy.”
Royal Q Circle
  • They will request certain settings from you. If you don’t have a high trading balance (only 100–500 USDT), “First buy-in amount”: 15 USDT and “Number of strategies”: 1–5 is usually OK. You could also go to the strategy chat page and see if they have any advice for these settings.
  • When you’re finished with these changes, click “Sync Strategy” and confirm it. If you later decide that you don’t like this approach, you can change the settings or cancel sync, and switch to the other strategy.
Royal Q Sync Strategy
  • Congratulations! Your bot is now ready to trade.
  • Simply click on “Revenue” on the home page to view your daily earnings.

As you gain experience, you can modify the trade parameters as needed. The app has a lot of different settings.

It should be noted that Royal Q takes 20% of your profit. This happens automatically, and you don’t have to do anything. When compared to other trading bots, it isn’t much!

The screenshot below shows my revenue from the first week of September, while testing the bot with only 100–300 $ in my Binance balance.

Royal Q revenue

What Next!

If you like how this app works, you can increase your trading balance in Binance, Coinbase Pro or Huobi based on your financial preferences.

You can educate your friends or other people about this app and share your invite link with them to help expand your team and earn extra commission.

Regularly check news related to the app.

And remember to learn, learn and learn. As Warren Buffet once said, “The more you learn, the more you earn.”

Royal Q Invite friends

This post contain affiliate links, which means that if you click on the links and sign up, I may receive a small commission.

--

--