No, Cryptobots does not custody your funds or directly manage your investment portfolio. Our platform provides automated trading bots that connect securely to your existing cryptocurrency exchange account via API keys. This means your funds always remain in your own exchange account, under your full control.
Understanding Cryptobots' Role: No Custody or Portfolio Management
Cryptobots operates as a non-custodial service. This means that at no point do we take possession of your cryptocurrency funds. Our primary function is to provide sophisticated trading algorithms and automated bots that execute trades on your behalf, directly within your linked exchange account.
We do not act as a financial advisor or a portfolio manager. Our bots execute predefined strategies based on market conditions, but the overall management of your assets, including deposits, withdrawals, and strategic allocation, remains entirely with you. For more context on our approach, you can explore why we offer the bot to the public.
How Your Funds Remain Secure and Under Your Control
Your security and control over your assets are paramount. When you connect Cryptobots to your exchange, you do so using API keys. These keys are configured with specific permissions, typically limited to trading activities only. This setup prevents Cryptobots from accessing your withdrawal functions, ensuring your funds cannot be moved out of your exchange account by our system.
You maintain full ownership and access to your funds on your chosen exchange. Our bots simply send trading instructions to your exchange based on the strategies you enable. It's important to understand that the system does not use your entire balance for each trade, allowing you to manage your risk exposure.
Automated Trading: What Our Bots Do
Our trading bots are designed to automate various cryptocurrency trading strategies. They are programmed to identify trading opportunities and execute buy or sell orders based on complex algorithms and market analysis. This automation aims to optimize your trading performance without requiring constant manual intervention.
We offer a range of specialized bots, including those for specific cryptocurrencies. For example, you can explore our Bitcoin Bots, Ethereum Bots, and Solana Bots. Each bot is designed with particular market conditions and strategies in mind, such as CB011B for Bitcoin Linear derivatives markets or CB011E for Ethereum Linear derivatives markets. While bots aim to profit, it's also important to be aware that bots can experience losses during trading.
Important Policies: Investment Advice and Fund Usage
As a technology provider, Cryptobots maintains a strict policy against offering investment advice. Our platform and its features are for informational and automated trading purposes only. Any decisions regarding your investment strategy, risk tolerance, or asset allocation are solely your responsibility.
Important: Cryptobots does not provide financial or investment advice. Always conduct your own research and consult with a qualified financial professional before making investment decisions.
For a comprehensive understanding of our stance on financial guidance, please refer to our detailed policy: Does Cryptobots Offer Investment Advice? Our Policy.
Ready to Get Started?
If you're interested in leveraging automated trading without relinquishing control of your funds, you can begin by exploring our platform. Our setup process is designed to be straightforward, allowing you to connect your exchange securely and deploy your chosen bots.
To learn more about how to set up your account and activate your first bot, visit our Get Started guide. You can also review our Profit Share model to understand how our service fees are structured.
Need Further Clarification?
We understand that questions about fund security and service models are critical. If you require more detailed information about how Cryptobots operates, our security protocols, or any other aspect of our service, please explore our full website at cryptobots.io.