What is in the Settings menu?
The Settings menu consists of two sections: Exchanges and Traders. Together they form the complete configuration of your automated trading strategy.Exchanges
Add one or more exchanges to your account and manage the API connections. An exchange is the digital currency exchange where the actual buying and selling takes place.
Traders
Activate traders per exchange and set their individual parameters, such as the coins they trade, the investment amount per transaction and the profit target.
Managing exchanges
BitBrokerTrade supports multiple exchanges simultaneously. You can, for example, connect both a Bitvavo and a Binance account and trade on both exchanges at the same time.1
Go to Settings → Exchanges
Click on Settings in the main menu and then on Exchanges.
2
Add an exchange
Click the button to add a new exchange. Choose the desired exchange from the list of supported platforms.
3
Enter your API keys
Each exchange requires an API key and API secret that you create in the settings menu of the exchange itself. Copy these details and paste them in the corresponding fields in BitBrokerTrade.
4
Save the connection
Click on Save. BitBrokerTrade tests the connection and confirms whether the connection succeeded. Your exchange now appears in the green bar overview on the dashboard.
Bitvavo
Step-by-step instructions for connecting Bitvavo.
Binance
Step-by-step instructions for connecting Binance.
Bybit
Step-by-step instructions for connecting Bybit.
All exchanges
View all supported exchanges and compare them.
Managing traders
Per exchange you can activate one or more traders. Each trader has its own settings and follows its own strategy independently of the others.Every trader can follow a completely separate strategy, with different coins, different entry amounts and different profit targets. This gives you the flexibility to diversify, even within one exchange.
1
Go to Settings → Traders
Click on Settings in the main menu and then on Traders.
2
Add a trader
Click the button to create a new trader. Link the trader to one of your already added exchanges.
3
Configure the trader
Set the following parameters:
- Coins — which cryptocurrencies the trader trades
- Investment amount — how many euros are invested per purchase
- Profit target — at which percentage the trader sells
- Trading strategy — the approach the trader follows when recognizing buy and sell signals
4
Activate the trader
Set the trader to active. The trader now starts analyzing the market and places its first purchase as soon as it recognizes a suitable moment.
Next steps
With your exchanges and traders correctly configured, you are ready to trade fully automatically. Then dive deeper into the finer settings of the trader or learn more about the supported exchanges.Trader settings
Detailed explanation of all trader parameters and how to optimize them.
Trading strategy
Read how the trader recognizes buy signals and when it sells.
Supported coins
View which cryptocurrencies are available for the trader.
What is an exchange?
Everything you need to know about exchanges and how to choose the right one.