Every bot subscriber wants to know: how do I check if my bot is working properly? The answer is actually quite simple. You just have to go through a 4 steps list and eliminate every possible source of
- Check your exchange and bot status
First, you need to go to the page of the bot you chose. For example, if you subscribed to SOL Intraday Trader Futures Bot, find it on the marketplace and click Show More. Under Monitoring, you will find your exchange status and bot status. If you have connected your account with the API keys, you should see something like this:
After your account is successfully connected to the exchange and subscribed, you will see green “Connected” and “Active” signs.
2. Check your API restrictions on Binance
If you want to use a bot that trades on the Binance Spot market, like the Bulls and Bears Altcoin bot, you need to Enable Spot and Margin. If your bot is trading on the futures market, you need to Enable Futures.
Here are our tutorials for
Binance: https://bcubeai.medium.com/how-to-connect-your-binance-account-using-api-keys-c922249d4918
3. Check if your account is properly funded with the right currency
Binance Spot: Bitcoin
Binance Futures: USDT
BitMex Futures: XBT (BTC)
4. Check if there were any trades since you subscribed
In many cases, our bots don’t trade every day. Sometimes there are 2–3 days or even more between trades. This is completely normal. You can see the past trades and the Live trades on the bot’s page. If you see the bot has a Live trade, but your account hasn’t been able to get the trade despite being properly connected according to the points above, check what is the open date of the trade. For example, if you see the trade’s open date is 04/05/2022 18:00 CEST and your subscription date is 04/05/2022 20:00 CEST, your account couldn’t have that trade because it was opened before you subscribed. In this case, you need to wait until the next signal.
5. Make sure you have only one bot per coin per exchange (sub-)account
If you use 2 bots of the same coin, for example, 2 ADA bots, they will interfere with and close each other’s trades. This problem can even cause you trouble with the leverage. The computed quantity is good, but on the exchange account, as the leverage is not the expected one, the used margin is not good either.
6. Allocate funds to your bots
On the b-cube.ai dashboard, users can change the allocation percentages of their bots. However, this can cause interference between them if it is not done correctly. Let’s say you use 2 bots on one account, both of them with 100% allocation. In this case, if one bot opens, its trade will use 100% (95%) of your balance and leaves none for the other bot. When the other receives a signal and tries to open a trade with 100%, it will send an insufficient margin error. A better split of allocation would be 2 numbers with the sum of 100% together. For example, 50–50, or 40–60, or even 30–40 if you want to keep some of your balance untouched. It is up to you, just keep in mind, that if the sum is higher than 100%, you might get some errors.
In case you open manual trades that are using a part of your balance leaving less than the allocation percentage free, the error will still occur.
If you have done everything right but still there was a problem with your trade, please contact us on LiveChat.
DISCLAIMER
Trading cryptocurrencies involves risk. The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the article’s content as such. Author, website or the company associated with them does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions. Lastly, this article is not targeted at French citizens or residents.