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.

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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

As an introductory offer, the Auto Trader Membership is $19 per month. This provides existing members to the option to lock in pricing on this feature.

Within a few weeks, pricing will go up. Additionally, as features expand, pricing may increase.

Sign Up for Auto Trader

Exchanges Supported by Auto Trade

1. Coinbase Pro

Currently, Coinbase Pro is the only exchange supported by Auto Trade.

2. Coming soon

Binance will be available shortly.

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.

2. 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

3. Click "Create API Key."

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

Coinbase Pro API Key Created

5. Click "Done."

6. 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.

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.

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.

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.

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).

Sign Up for Auto Trader

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