Auto Trade allows you to directly connect your exchange to Crypto-ML's trade alerts. This post will cover the details of Auto Trade, including how to sign up, how to configure it, and frequently asked questions.

Getting Started with Crypto-ML Auto Trade

  1. Sign-up for the Auto Trade Membership
  2. Enable and disable features on the Auto Trade Dashboard
  3. Connect your exchange account on the Auto Trade Exchange Setup

Membership Pricing

The Auto Trader Membership is $29 per month. This membership includes all of the features from the Free and Trader tiers but adds on automatic trading capabilities as described below.

Sign Up for Auto Trader

Exchanges Supported by Auto Trade

1. Coinbase Pro

Coinbase Pro is supported by Auto Trade:

2. Binance

Binance is supported by Auto Trade:

Note: Binance is launching a separate "Binance US" entity. Binance US will use a separate set of integrations and is not yet supported by Crypto-ML.

3. Upcoming Exchanges

Additional exchanges are being explored based on demand. Please visit this Community Discussion to provide your input.

How to Connect Your Exchange

Connecting your exchange is done by providing Crypto-ML a unique API key. The instructions for connecting will vary by exchange. Please see your specific instructions below.

Coinbase Pro API Connection

Important: Please make sure you understand the risks involved with enabling API access. Please also take the appropriate steps to secure both your Coinbase Pro and your Crypto-ML accounts. You may view Coinbase's API documentation here: https://docs.pro.coinbase.com/

1. Log in to Coinbase Pro on one browser tab.

2. Log in to your Crypto-ML Exchange Setup page on another browser tab.

3. On Coinbase Pro, click on your account name (top right) and choose API in the dropdown.

4. Click "New API Key."

  • Here you can name your API (e.g. "Crypto-ML").
  • Select "View" and "Trade" permissions.
  • Copy your Passphrase over to Crypto-ML.
  • Leave the IP Whitelist field default.

Coinbase Pro Add API Screen

5. Click "Create API Key."

6. On the next screen, you will copy your API Secret from Coinbase Pro to Crypto-ML.

Coinbase Pro API Key Created

7. Click "Done."

8. Last, copy your API Key from the API Key list to Crypto-ML.

Coinbase Pro Copy API Key

When complete, you Crypto-ML Exchange Setup page should look like this:

Crypto-ML Auto Trade Coinbase Pro Config

Once done, hit Submit. You should be redirected back to the Auto Trade Dashboard.

If the dashboard pulls in your recent trade and account balance information, you'll know the connection was successful.

If your connection fails, you can:

  1. Delete your API Key on Coinbase Pro and start over.
  2. Contact Crypto-ML Support.

Binance API Connection

Important: Please make sure you understand the risks involved with enabling API access. Please also take the appropriate steps to secure both your Binance and your Crypto-ML accounts. You may view Binance's API documentation here: https://github.com/binance-exchange/binance-official-api-docs/blob/master/rest-api.md

1. Log in to Binance in one browser tab.

2. Log in to your Crypto-ML Exchange Setup page on another browser tab.

3. In Binance, hover over your User Profile (top right) and select API Management

4. Under Create new API, type a label (name) you'll know and hit "Create"

Crypto-ML Binance Create New API

5. You may be prompted for your 2FA code and you may also need to click on an email link to proceed to the next step. These are security measures.

6. Once you see your API information on Binance, ensure the following settings are in place:

  • Read Only: yes
  • Enable Trading: yes
  • Enable Withdrawals: no
  • IP Access Restrictions: Unrestricted (Note that Crypto-ML uses a rotating IP address to enhance the security of stored data and data at rest.)

Crypto-ML Binance API Detailed Settings

6. Copy the API Key from Binance and paste it into the Auto Trade Exchange Setup field

7. Copy the Secret Key from Binance and paste it into the Auto Trade Exchange Setup field

Important: once you leave this page on Binance, you will not be able to see your Secret Key again.

When complete, you Crypto-ML Exchange Setup page should look like this:

Crypto-ML Binance Auto Trade Exchange Setup

Once done, hit Submit. You should be redirected back to the Auto Trade Dashboard.

If the dashboard pulls in your recent trade and account balance information, you'll know the connection was successful.

If your connection fails, you can:

  1. Delete your API Key on Binance and start over.
  2. Contact Crypto-ML Support.

How to Enable Auto Trade

Once your exchange is connected, you can enable auto trading.

1. Go to your Auto Trade Dashboard.

2. Choose your Market. This is the currency you'd like to trade crypto against. Crypto-ML supports USD, GBP, EUR, and USDC.

For most users, USDC will be the best choice. USDC is a stablecoin (learn more about USDC) that can be used globally. This is particularly true as Crypto-ML's models consume USD data, which USDC mirrors.

Crypto-ML Auto Trade Select Market

Ensure your Portfolio shows a balance in your particular pairing. If you do not have a balance, trades cannot be executed.

Crypto-ML Auto Trade Current Portfolio

3. Select the cryptocurrency you'd like to trade.

Auto Trader Membership Description 1

4. Click Activate Auto Trade.

Frequently Asked Questions

Am I in charge of the API connection?

Yes. You can remove your key details from your Crypto-ML Exchange Setup at any time. You may also delete your key back on your exchange. By removing your key, Crypto-ML will no longer be able to communicate with your exchange.

If I have the membership, do I need to enable auto trading?

No. Having an "Auto Trade" membership gives you access to Auto Trade functionality and all features in the "Trader" and "Free" memberships. While you have access to the advanced functionality, you may turn it on or off as appropriate for your trading strategy.

You may also downgrade or upgrade your membership at any time. See the Subscriptions tab of your Account.

How are orders entered?

When Crypto-ML's machine learning issues a trade alert for the cryptocurrency you have selected for Auto Trade, the following will happen:

Open Order

  1. A market order will be entered on your behalf using all available fiat.
  2. You will receive an email notification of both the alert and the execution.
  3. Your Auto Trade Dashboard will reflect the new position.

Close Order

  1. A market order will be entered on your behalf using all available cryptocurrency (for the currency you have selected).
  2. You will receive an email notification of both the alert and the execution.
  3. Your Auto Trade Dashboard will reflect the new position.

How do I choose the amount of funds to use?

When the first "buy" order is initiated, all available fiat (e.g. USD) will be used to purchase your selected cryptocurrency. For example, if you have the BTC/USD pair selected, Auto Trade will use your entire USD balance to buy BTC.

Likewise, if a "sell" order is initiated, Auto Trade will sell all funds stored within that crypto. For example, if you have the BTC/USD pair selected, Auto Trade will sell your entire BTC balance for USD.

As such, you should create an account specifically for Auto Trade and only put in as much money as your particular risk profile allows. Do not ever invest more than you can afford to lose.

How many pairs can I trade at once?

For Auto Trade, you will select one trading pair. Crypto-ML is not a portfolio allocation tool; rather, it is designed to generate trading profit based on fluctuations in the cryptocurrency markets. For this use case, trading one pair is ideal.

Why does Auto Trade use market orders?

Given the timeframes for Crypto-ML trades (swing trades), it is generally considered better to get in the trade at the approximate execution price rather than miss the trade entirely, which may happen with a limit order.

Since market orders are used, there may be some price slippage. However, the Coinbase Pro API trades execute extremely quickly and our team has observed little-to-no slippage in over a year of testing.

Which cryptocurrency should I choose to auto trade?

This question depends on your goals and strategy. We recommend consulting the Trade History page to see how each cryptocurrency has historically performed, both in terms of frequency and results.

Which fiat/trading pairs does Auto Trade support?

Crypto-ML supports USD, GBP, EUR, and USDC trading pairs.

For most users, USDC will be the best choice. USDC is a stablecoin (learn more about USDC) that can be used globally. This is particularly true as Crypto-ML's models consume USD data, which USDC mirrors.

How can I stop auto trade?

Go to your Auto Trade Dashboard and hit the Deactivate Auto Trade button.

That is the graceful method to shut down Auto Trade. You may also remove your API Key from Crypto-ML or delete it from your exchange.

How can I best secure my Crypto-ML account?

If you enter your key, we recommend securing your Crypto-ML account with a strong password and Two-Factor Authentication (2FA). Learn more about Crypto-ML 2FA.

How can I best enhance the security of my trading accounts?

In addition to setting up Crypto-ML 2FA, you should take the following steps:

  • Configure 2FA with your exchange.
  • Do not enable "transfer" or "withdrawal" permissions on your APIs, as noted above in our configuration guides. This ensures APIs cannot move money out of your exchange.

Should I be an experienced and sophisticated trader?

Yes, Auto Trade is a tool for experienced and sophisticated traders. Please review important Crypto-ML Terms and Conditions to ensure Auto Trade is suitable for your risk tolerance, experience, and financial goals.

Should I give Crypto-ML 'transfer' permissions?

No, you should only provide "Trade" and "View" permissions to Crypto-ML. Crypto-ML will not need to initiate transfers (between your exchange and your bank).

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There are a variety of ways to optimize your security as it relates to API data, many of which involve tradeoffs. Crypto-ML uses a rotating IP address in order to maximize the security of data at rest and data in transit. Because our IP address is constantly changing, it becomes more challenging for systems to penetrate our data. However, this also means you cannot lock your exchange to a single address.

Sign Up for Auto Trader

Connect your exchange to trade automatically when Crypto-ML generates an alert. No commitment.