Crypto Future robots: The Best Way of the Cryptocurrency Trading

In contrast to the stock markets, the market of cryptocurrency never stops and never sleeps, which can lead to a stressful situation even for experienced traders.

Crypto traders can face a feeling of a pleasant or unpleasant surprise in the morning when they check their portfolio and see large profits or losses.

Due to the market’s volatility, the popularity of trading bots has increasingly grown among traders because of allowing them to control their trading at all times. Besides, a correctly customized bot helps trades faster and more efficiently than the trader will do this manually.

One of the best and popular trading robots are Crypto Future, which is available on the Cryptorobotics platform. Let’s figure out how these robots function.

What are the Crypto Future robots?

These trading robots are created to trade in long and short positions. Thus, Crypto Future can trade in both falling and rising markets. These bots for cryptocurrency trading are divided into three types and differ in the level of risk during trading and the number of major trading crypto pairs.

What types of Crypto Future robots do exist?

As we have stated before, there are three kinds of Crypto Future robots with different risk management. They are divided into:

• Conservative — Traders who use the Conservative types of Crypto Future robots can select ten cryptocurrency trading pairs. Besides, traders have an opportunity to manage the risk of trading due to using the conservative Stop-loss and Take profit.
• Moderate — This type of Crypto Future robot includes moderate Stop-loss and Take profit and provides traders with an opportunity to trade on basic 20 cryptocurrency trading pairs.
• Risky — This type of robot includes risky Stop-loss and Take profit and allows traders to select 30 major trading pairs.

How to start using Crypto Future robots?

• Register on the Cryptorobotics trading platform.

• Go to the Algotrading tab.

• Select the section trading robots.

• Choose from three types of Crypto Future robots: Conservative, Moderate, or Risky.

How to set up Crypto Future robots?

After you select a certain robot, a window with parameters and settings will be opened in front of you, where there are two modes: Test and Work.

If you have not run this type of robot yet, we recommend launching it in Demo or Test mode and seeing how it works. In this case, the bot will enter into real transactions directly according to the chart, taking into account the order book, but your balance will not be affected. It should be noted that Сrypto Futures robots are quite simple to set up and well suited for beginners and experienced traders.

In order to start the robot in working mode, you need to go to the Settings. Next, you need to select the following points:

• Exchange

In order to connect to the Binance Futures exchange, you must go through verification on these exchanges before you bind the API key to these exchanges.

• API key or account

It is worth noting that you can have multiple accounts.

• Main currency
• Balance for trading
• The amount for the transaction
• Leverage

It is not recommended to use large leverages as it entails additional risks.

In the case unexpected swings occur in the market, which can lead to a strong drawdown of your deposit, you can indicate the percentage of loss for which you are ready.

Thus, if your balance starts to fall below the percentage you specified, you can select the following options in the Risk management section: stop and sell everything or stop buying. Next, you need to click Save and Run.

These settings will be displayed in the Dashboard.

The statistics section will display all data on the running robot, such as:

• Percentage of successful/unsuccessful transactions.
• Average loss and profit.
• Balance of profit and loss.

You can also go to the “All trades” section, where will be displayed:

• Closed and opened trades.
• Information on the exchange.
• Trading pairs.
• Opening price.
• Opening time.
• Closing time.
• Closing price.
• Status.
• Profit for both open and closed deals in real-time.

If you want to close a trade that the robot entered, you need to click the “Sell” button.

Access to control of robots is done through the “My robots” tab.

Conclusion

Cryptorobotics trading platform has developed many automated trading functions that significantly improve the quality of cryptocurrency trading and allow traders to choose their own strategies. This feature is designed to make the cryptocurrency trading process more efficient and faster. Moreover, these robots are very easy to use and will not be difficult for beginners to figure out how to configure them. Crypto Future robots are one of the best developments that help you trade cryptocurrencies without steadily monitoring your computer actively. If you don’t have enough time to trade cryptocurrency, this kind of automated trading can solve this problem and enable you to earn a passive income.

How to use crypto trading future robots in Cryptorobotics terminal