With the help of
revenuebot users can conduct automated trading on the exchange FTX.
FTX is one of the youngest and fastest growing cryptocurrency exchanges. It was created in 2019, but confidently stands among the TOP-10 crypto derivatives exchanges. FTX Futures offers leverage trading with a maximum leverage of 101x. FTX has its own FTT token. Using
revenuebot, automated trading is available for FTX Futures. Thanks to the variety of settings available, the user of the service can create an effective trading bot and start trading in a short period of time.
FTX Futures Fees
Trading commissions on FTX Futures are based on the daily trading volume. More details about the exchange commissions can be found in the table below:
In addition, trading commissions are affected by the number of native FTT tokens on the user's account:
Trade security on the FTX exchange
From the security measures that the exchange offers to its customers, the following are available:
Required two-factor authentication (2FA)
2FA when withdrawing funds from the account and password for withdrawing funds
Block withdrawals after deleting required 2FA or changing password
Tracking suspicious activity on the account and notifying users about it
Add IP addresses to whitelist
Add wallet addresses to whitelist
Connect Google Authenticator
According to statistics, about 70% of transactions in the stock market are made using various bots. And given that the crypto market mainly adopts practices from traditional ones, there is no doubt that the percentage here is not less. Why are traders less likely to trade themselves and trust bots to do it? There are several reasons for this:
The software or bot has no human factorA trader can make a mistake when filling out an order, forget to close it, or something else. A software or a bot trades only according to the settings that were originally included in it, so the probability of an error or inaccuracy is excluded.
Speed of the whole processA trader cannot analyze several trading pairs or markets at the same time. In addition, you will have to open many trades. Bots do a great job with all these tasks.
Versatility and scalabilityHaving a clear trading strategy, you can run many bots for simultaneous automatic trading on different crypto-exchanges and trading pairs.
Trading will be carried out at any time of the dayTrading bots do not need time to sleep and rest, so they can trade around the clock, making a profit for their owner.
Trade FTX Futures with RevenueBotWe have been on the market since 2018 and over the entire period of our existence, we have carefully worked out all the features of working with the FTX Futures exchange. Of the advantages, the following points can be highlighted:
- Variety in the functionality and settings of the bot, which allows you to implement many trading strategies:
The Smart Grid of Safe Ordersallows you to create efficient DCA bots for FTX Futures exchange with LONG and SHORT algorithms using an averaging strategy.
The automatic switching of the bot's trading pairsignificantly increases the number of profitable trades. Using the volatility analyzer developed by us for the FTX Futures exchange, the bot can automatically select the best trading pair in terms of volatility so as not to be idle.
Using TradingView signalsas a condition for starting a bot trading on the Futures exchange allows you to implement strategies based on a variety of trading indicators.
The bot simulation modewill show how the bot you created would trade over the last 60 days (the time and date of the start of the simulation can be set in the settings). We keep a record of price changes for all FTX Futures trading pairs over the past 60 days. All tests will be carried out on the chart of your chosen trading pair, for a specified period of time. This will allow you to verify that your settings are correct or to identify inaccuracies.
The automatic reversal of algorithmswill allow you to implement a risk hedging strategy when trading on the Futures exchange. At the moment when the price goes in the wrong direction, the second bot will be automatically connected, which has the opposite algorithm.
- The user pays nothing if the bots do not generate an income. The commission for using the service begins to be charged only from the moment the bot makes a profit. The size of the commission is 20% of the profit received, but not more than 50 USD per month.
- The user does not need to keep their computer turned on 24/7, because the bot functions from the cloud storage.
- We have a marketplace where you can buy a ready-made bot configuration, sell a profitable one and get additional income, as well as purchase a mentoring service from an experienced user.
- There also is a referral program through which clients of the service receive an income without even starting a trade.