Cyberbot is an automated cryptocurrency trading bot developed by the Cryptorobotics platform. This bot is designed to execute trades on cryptocurrency exchanges such as Binance, Binance US, Bitfinex, Bybit Spot, EXMO, Gateio, HTX, Kraken, KuCoin, and OKX. It is engineered for effective trading in a growing market, avoiding opening orders against the current trend, thereby increasing trading efficiency and safety.
How does the Cyberbot trading bot work?
Cyberbot utilizes algorithmic trading strategies based on the interaction between moving average lines and RSI dynamics to determine entry and exit points for trades. It offers various triggers for starting and ending trading operations, including algorithmic and personal parameters such as Stop Loss and Take Profit. Cyberbot is fully automated and provides a user-friendly interface for setting up the main parameters.
Cyberbot Trading Bot: Advantages
The advantages of using Cyberbot on the Cryptorobotics platform include risk minimization by avoiding trades against the current trend, automation of trading processes freeing traders from the need to continuously monitor market conditions, ease of use even for traders of different experience levels, and support for a wide selection of cryptocurrency exchanges.
Cost of Cyberbot
The cost of using Cyberbot ranges from free demonstration use for 14 days to paid subscriptions to Expert PRO, which provides access to real trading and additional platform features. To start working with Cyberbot, you need to register on the Cryptorobotics platform, activate a subscription to the chosen tariff plan, generate API keys on your preferred cryptocurrency exchange, and integrate your account into the Cryptorobotics system.
How to start using the Cyberbot trading bot?
To start using the Cyberbot trading bot on the Cryptorobotics platform, you need to follow several steps:
- Registration on Cryptorobotics: First, you need to create an account on the Cryptorobotics platform by registering on their website.
- Subscription Activation: After registration, subscribe to the selected tariff plan (Expert PRO) to access the trading bot and other platform features.
- API Key Generation: Create API keys on your preferred cryptocurrency exchange and integrate your account into the Cryptorobotics system. This will allow Cyberbot to interact with your exchange account and execute trades.
- Selection and Setup of the Robot: Choose the Cyberbot trading bot and customize it according to your trading preferences. You will be able to specify basic parameters, such as Stop Loss and Take Profit, and adjust other settings according to your trading strategy.
- Monitoring and Evaluation: Use analytical tools on the platform to monitor and evaluate the results of trading operations performed with the help of Cyberbot.
Conclusion
Trading robots on Cryptorobotics, including Cyberbot, are software algorithms capable of independently analyzing price movements in the market and making decisions on entering and exiting positions. They are fully automated and start opening and closing transactions on your exchange after specifying a few basic parameters.