This tutorial explains the settings of your Copy Bot.
Give your bot a name.
Switch the toggle if you don’t want to miss a buying opportunity. Your Copy bot will create your portfolio exactly like the Marketplace Seller’s portfolio. If you miss a buying opportunity for some reason, your bot will try to rebuy the currency until your portfolio equals the portfolio of the Copy Bot. When the Copy Bot is disabled it can take some time before trades get opened.
Switch the toggle so your Copy Bot will try to adjust the sell amount. So it includes any dust amounts left on the balance when selling your last or only position of a currency.
Use ticker rate
Select the ticker rate. The ticker rate determines at what price level the Copy bot will place orders. You have 4 options.
- Select “Same as Copy bot” so your bot will use the settings of your selected Marketplace Seller. We recommend using this option.
- Select “Highest bid/Lowest ask” so the bot will use the highest bidding rate and the lowest asking rate when placing an order.
- Select “Use last tick if higher/lower” so the last tick is higher than the normal buy/sell rate.
- Select “Always use last tick” so your bot will take the last tick’s price. Regardless of price fluctuations.
Notification on trade
Switch the toggle if you want to receive a notification when your bot made a trade.
Notification on trade error
Switch the toggle if you want to receive a notification when there’s a trade error.
Notify on canceled order
Switch the toggle if you want to receive a notification when an order is canceled.
Max open time buy
The number of minutes a buy order will remain open before the order is canceled. A small portion of your funds are reserved when an order is placed, so you want to cancel orders to have funds free to make other trades.
Minimum amount per order
This determines the minimum amount for buy orders when you do not have sufficient funds to place an order according to the Seller's order size.
Maximum amount allocated
Fill in the maximum amount the Copy bot may use from your total assets. For example, you have 1 BTC and enter 0.5. Your Copy bot will only be able to use 0.5 BTC.
Max open time sell
The number of minutes a sell order will remain open before the order is canceled.