A recommended minimum trading capital is 1000 USDT per 1 exchange account.
For best results, we recommend to create and verify your new exchange account by using following registration link:
- New Kucoin account: https://www.kucoin.com/r/rf/QBS5DETS
Exchange accounts must be connected to lemmings.ai by API keys. There is a detailed set of instructions in the clients' zone for establishing this connection. The simplified steps are as follows:
Create and configure a new API on your exchange account
Insert both the API key and API secret, as well as the passphrase, in Lemmings.ai, within the 'Add Exchange' section
Now, you should be able to view your exchange, including the balance, in the 'My Accounts' section
Yes, it is very safe, because:
- Your funds always stay in your exchange account and trading is performed via API keys.
- You always see real up-to-date results and account balance.
- You can stop trading or withdraw any time without our consent.
- Withdrawing via API keys is restricted.
- Instead of one single bot on your account, there are many bots trading many pairs and using several strategies to achieve proper risk management, diversification and market exposure.
- You can choose your own strategy and diversification in “trading options”.
- Trading without high leverage.
- Stop-loss is included in trading algorithms.
Please make sure that:
- There are reasonable funds in you exchange account
- Correct permission on your API keys is set
- There are no open positions on your exchange account (for example manually placed limit orders), they might be blocking your available capital for bot trading.
Yes, both an overview of trading bots with relevant indicators and a dashboard with overall information are available in clients zone.
One of the features on lemmings.ai is simplicity and fool-proof nature of trading robots for retail investors. Our long-term experience is, that average investor will not fare very well, if he has full control over trading, even if using trading bots.
For more customized trading strategy, or if you want to have full control, please contact us for more information.
It is highly recommended to not trade manually on your exchange account while using trading bots. Your positions may be automatically closed due to nature of automated trading and its self-maintaining processes. If you want to actively use your account for manual trading, we recommend creating a sub-account that will only be used for algo trading
Kucoin: USDT trading pairs.
Given the high volatility of cryptocurrencies, potential profits and risks are proportionately high. While it's possible to achieve profits exceeding 20% per month on the bots, such profits are not guaranteed. Expect losses, especially during a robust bear market. However, since we exclusively trade on the spot without leveraging real assets, the risk of account liquidation is not a genuine threat.
While the stop loss is not presented in the classic way due to the nature of mathematical bots, our bots employ a strategy with highly sophisticated money management. They feature built-in protection against purchases during price pumps and strictly adhere to maximum exposure limits.
No, lemmings.ai is 100% automated trading system.