This tutorial shows you how to convert currencies automatically. Whether you’re a miner mining crypto, or an entrepreneur who gets paid out with crypto, learn here how to convert that to your crypto currency of choice. Automatically. With potentially profit.

Prerequisites

Before you begin, ensure that you have the following prerequisites

• A Cryptohopper account
• Your exchange is linked to CH

Import and convert

• On your dashboard, scroll down until you see the “Current Assets” window on the right.
• Click the “Synchronize” button.
• Enable “Automatic Sync”.
• Go to the menu on the left.
• Click Config -> Baseconfig.
• Go to “Auto Close” and select a (short) timeframe to automatically sell positions that are synced.
• You will now automatically sell assets for your configured “Quote Currency”.

What’s next If you’d like to convert with a profit, then configure a Stop-Loss and Trailing Stop-Loss, instead of an “Auto Close”.

1. Go to the menu on the left.
2. Click Config -> Baseconfig.
3. Click “Trailing Stop-Loss”.
4. Click enable, configure the “TSL percentage” and “Arm TSL at”, and enable “Use TSL only”.
5. Go to “Stop-Loss”.
6. Click enable, and fill in a (small) percentage.