How the robot works

What the robot watches

The robot watches the price of the two biggest cryptocurrencies around the clock: Bitcoin (BTC) and Ethereum (ETH). It looks at where the price has been heading for the last hours and waits for it to pull back a little.

How it bets

When the moment is right, the robot bets that the price will keep moving: get cheaper or go up. There is at most one open bet per coin.

The bet multiplies the result, both profit and loss. So even a small price move changes the account noticeably.

When it closes a trade

Together with the bet, two limits are placed on the exchange right away: where to take the profit and where to get out if the robot was wrong. So the trade closes even if the robot loses its connection.

If the robot lost too much in a day, it pauses until the next day.

Where the money is

The money stays on your exchange account. The robot only gets a key that can trade but cannot withdraw money.