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Who Can Use Our Service? Eligibility and Requirements

Learn who can use our service. We explain eligibility requirements and how your cryptocurrency exchange handles identity verification and compliance for API key access.

Updated over 2 weeks ago
Who Can Use Our Service? Eligibility and Requirements

Our service is designed to be accessible to a broad range of users. You can use our service if you possess a valid API key obtained from a supported cryptocurrency exchange. Cryptobots does not impose its own eligibility requirements or conduct identity verification; instead, all compliance matters, including Know Your Customer (KYC) and Anti-Money Laundering (AML) checks, are managed by your chosen cryptocurrency exchange.

Who is Eligible to Use Cryptobots?

Our service is available to anyone who has a valid API key from a supported cryptocurrency exchange. This means that if you have an account with an exchange that our platform integrates with, you are eligible to connect and use our trading bots. We support various markets, including those for specific cryptocurrencies.

Your Exchange's Role in Compliance and Identity Verification

A key aspect of our service model is that we do not impose any eligibility requirements or verify your identity directly. Instead, your cryptocurrency exchange is responsible for handling all compliance matters, including any necessary identity verification (KYC) and regulatory adherence. This ensures that you meet the legal and operational standards set by the financial institutions you interact with.

Important: Cryptobots does not custody your funds or manage your portfolio. All assets remain securely on your exchange. For more details, see Do Cryptobots Custody My Funds or Manage My Portfolio?

Understanding API Key Requirements

To connect to our service, you will need a valid API key from your cryptocurrency exchange. This API key acts as a secure bridge, allowing our bots to execute trades on your behalf without requiring direct access to your funds. The process of generating and managing API keys is typically handled within your exchange's settings.

For guidance on setting up your account and connecting your API key, please refer to our Get Started guide.

Important Considerations for Users

As you consider using our service, it's helpful to understand several operational aspects:

Getting Started with Cryptobots

If you meet the eligibility criteria and are ready to begin, you can easily get started with our service. We operate on a profit share model, aligning our success with yours. To understand the philosophy behind our platform, read Why Cryptobots Shares Its Trading System with the Public.

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Still Need Help?

If you have further questions about eligibility or any other aspect of our service, please do not hesitate to contact our support team.

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