The Accumulator Bot does the chore of buying and selling crypto so you don’t need to watch the market constantly yourself. The bot watches for you and buys or sells whenever your preset rules are met. This bot’s strategy is useful for reaching a specific average price or when you need to acquire or sell large amounts of assets.
You simply tell it when to start, how much to buy or sell within your price settings, and then when to stop once your goal is met. These settings can be based on a cost limit or a time limit.
You want to buy 1 BTC.
First, give your bot a name, such as Buy 1 BTC. Then select your preferred exchange and the trading pair, such as BTC-USD.
You will indicate the total amount in Trade Settings, under Stop Trigger and select Max. Amount, in this case: 1 BTC.
For the other Trade Settings, set the order type to Buy. You can also set a Limit Price, which will prevent the bot from trading higher than the indicated price. If this is a sell order, the bot will not sell less than the indicated price.
Next, set the Randomize Settings. The bot will divide the order into smaller trades, so indicate minimum and maximum order sizes between which the bot will randomly create the orders. You should also set the minimum and maximum times to wait between orders. These settings keep the bot’s activity at a low profile.
Lastly, the Accumulator Bot needs a Start Trigger, which can be either Immediately, or above or below a target price to begin trading.
You can also choose to stop the bot on a specific end date.
Remember, the bot will be placing random market orders at random times. These market orders will not be visible in the Order Book and all placed orders will be executed instantly.
Give your bot a unique name.
Choose the exchange where you want the bot to run.
You will see only exchanges that you have linked with our system.
See instructions for connecting to external exchanges.
Select the currency pair the bot will trade with; the first one is the asset to acquire or sell, and the second will be the quote currency.
Minimum Order Size & Maximum Order Size
Set a Minimum and Maximum order volume. The bot will randomly place trade orders within these limits.
Minimum Time & Maximum Time
Set Minimum and Maximum time limits to tell the bot to place each successive order randomly within these time frames.
Indicate whether the bot should Buy or Sell.
The bot will stop working based on the Timer or when it reaches a set Amount.
Select End Date/Amount
Indicate the exact time or amount that will cause the bot to stop.
This is when the bot places its first trade order. It can be either Immediately, or when a specific price target is reached.
If you select a Price trigger (lower or higher), indicate here what the trigger price should be.
Running Your Bot
Once you have configured the bot, click Save Bot. If there are any errors, correct them and save the bot again.
When your bot is ready, click Start Bot.
You can monitor your bot's status from the Dashboard. If at any time you want to adjust the bot's configuration, stop the bot first, then click the Edit button.