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RevenueBot.io: Steps To Create Your Own Crypto Bot

07 June 2024 15:10, UTC

RevenueBot.io is an automated bot for trading on cryptocurrency exchanges. It uses an API interface and supports all major cryptocurrency platforms, including Binance, OKX, Kraken, Kucoin, Gate.io, Bybit and others.

One of the key features of RevenueBot is automatic trading pair switching. The cryptobot selects the most volatile coin from your list and begins trading.

Revenuebot is suitable for both experienced users and beginners.

Ready-made bot solutions for crypto trading have been added to the main page, which you can simply copy and use.

The platform provides all the necessary information for new users to understand how the bot works. There is a detailed knowledge base on bot settings with examples, as well as video instructions. If you still have questions, you can sign up for a free online consultation with the support team or create a ticket and ask all your questions.

There is also a marketplace where you can purchase a ready-made crypto bot configuration from other users.

If you are interested in the trading secrets of experienced users, you can purchase a mentoring service from them. And in the future, you will be able to become an experienced trader yourself and sell your settings on the marketplace, helping new users while receiving additional income.

Pricing

An important advantage of the system is the absence of a subscription fee: RevenueBot takes a percentage only from profitable transactions, but no more than $50 per month.

After receiving the first profit using a crypto bot, the user is given 3 days to top up the balance and continue using the service. During these 3 days there are no restrictions on the functioning of the service.

Registration

To register on RevenueBot, go to the official website and click the «Registration» button in the upper left corner. Choose to register via Google or Facebook, or fill in the form with your details: full name, email address and password.

Website review

To start working with the platform, a new user does not need to immediately know all the intricacies of setting up the bot. On the main page of the RevenueBot platform, ready-made solutions (created bots) are now available for beginners.

In addition, using a fast connection to the exchange (via FastAPI), you can connect the bot to your exchange account in just a few clicks, without the need to copy the API key and its secret part. This provides a more secure connection.

The statistics page provides a full range of options for managing crypto bots. If necessary, you can go to the page of a specific robot and edit its settings.

How to create a crypto bot on the RevenueBot platform

1. Go to the Bots tab and click on the «Create a new bot» button.

2. Set the name of the bot, select the exchange and API key.

In this example, we will create a crypto bot for the Bybit spot exchange.

3. Select a pair and algorithm for the bot.

For beginners, we recommend using fundamental coins such as ETH, BTC, BNB.

We select the algorithm — Long, in which the bot buys the selected coin when the price falls, and then sells it when the price rises.

4. Set the deposit within which the bot will trade on the exchange.

A bot with the LONG algorithm buys the first coin of a trading pair, paying with the second coin of the trading pair. Therefore, for a bot with the LONG algorithm, the deposit (virtual wallet) must be in the second coin of the trading pair.

In order to ask the bot for a deposit, you need to create a virtual wallet and assign an amount to it (in our example, 300 USDT).

5. Select a bot settings template.

— Normal trade mode. Suitable for most cases when volatility is not very high. It doesn’t take much time to monitor the bot’s work.

— Light trade mode. Suitable for stable small profits without big risks. Minimal control over the operation of the bot is required (practically set it and forget it). A small part of the deposit is used in trading, the profit is also small, but the risks are small.

— Aggressive trade mode. Suitable for temporary trading when you have time to monitor the bot’s work. Allows you to get more profit, but the risks also increase.

After choosing a template, you can change the bot’s fine settings to suit you.

Let’s set up filter settings to get started.

Filters affect how often the bot will enter trades. The bot will enter a trade as soon as all the conditions of the specified indicators in the bot filters are met.

7. Click the «Create a new bot» button.

8. Click on the Start button.

To always be aware of the bot’s status and receive information about successful transactions, RevenueBot recommends connecting the Telegram bot in the user’s personal account. This will allow you to quickly receive notifications and monitor the bot’s activity.

Conclusion

RevenueBot does not stop in its development for a minute, listening to the wishes of the user. New updates are introduced every week, for example, a list of the latest platform updates:

— Display of the total balance for all connected exchanges and separately for each.

— Display of the total PNL for futures and separately for each exchange.

— Display of the number of connected exchanges.

— Display of the number of connected API keys.

— Display of the amount of deposits of enabled bots.

— Free copying of ready-made effective bot configurations.

— Weekly free consultations and training on how to use our platform and bots.

— Instant crediting of balance.

— Information about the amount of commission written off in USDT in the current month has been added to the user profile.

— Added display of user balance in USDT, as well as current BTC and ETH rates.

— Added the ability to delete user-created bot and order grid settings templates.

— Added the ability to force and urgently stop the bot.

— Added mass actions with bots (restart, forced stop, cancellation of the active cycle).

Become part of our community, register, improve your advanced crypto trading skills and increase your income!