How to Set Up a Custom Bot for Spot Trading

Step 1: Log into Your BOTMOON Account

Log into your BOTMOON account. Ensure you have transferred enough USDT into your account to use for trading.

Step 2: Navigate to the 'Bots' Section

In your main dashboard, find and click on the 'Bots' section. This is where you'll control and set up your trading bots.

Step 3: Click 'Create New Bot'

Find and click on the 'Create New Bot' button. This will lead you to a new page or window where you can configure your bot.

Step 4: Select 'Spot Trading'

When prompted, select the 'Spot Trading' option. This will set your bot to trade using your available balance, as opposed to futures trading that uses leverage.

Step 5: Configure Your Bot

Now you can set up your bot's parameters. These can include:

  • The currency pair you want to trade
  • The strategy your bot will use (Grid, Scalping, etc.)
  • The size of the trading position
  • Any specific stop loss or take profit points

Ensure you understand each setting before you adjust it. BOTMOON may provide tooltips or a help guide to explain each one.

Step 6: Activate Your Bot

Once you're happy with your settings, click the 'Activate' or 'Start Bot' button. BOTMOON should confirm your bot's activation, and it will start trading based on your chosen parameters.

Step 7: Monitor Your Bot

Finally, make sure to regularly monitor your bot's performance and adjust the settings as necessary. BOTMOON will provide reports and statistics for this purpose.

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