Trading bots

Quick start

Get started with trading bots in just a few steps.

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Step 1

Choose a trading bot

Browse our curated library of intelligent trading bots, each built to match different market conditions, asset types, and user risk preferences. Whether you are into aggressive short-term trading, conservative long-term strategies, or something in between, there is a bot tailored to your goals. Each bot is backed by historical testing, performance statistics, and transparent parameters to help you make a confident decision.

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Step 2

Connect exchange API keys

Easily and securely connect your exchange account using API keys with trade-only or read-only permissions - your funds never leave your control. Our platform uses high-level encryption to protect your credentials, and we never request withdrawal access to your exchange. Step-by-step documentation is provided for each supported exchange to make the setup process fast, safe, and user-friendly, even for beginners.

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Step 3

Customize trading settings

Fine-tune your bot behavior to align with your risk appetite and investment capital. Whether you want the bot to trade aggressively or maintain a conservative posture - you have full control. The configuration dashboard allows real-time adjustments, so you can refine your strategy as markets evolve.

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Step 4

Gain automatic profits

Once configured, your bot begins operating autonomously - scanning markets, placing trades, managing risk, and seeking profit opportunities around the clock. Our intelligent algorithms are designed to maximize efficiency, reduce emotional decision-making, and take advantage of market signals in real time. Sit back and monitor your performance via the Psyll dashboard, where you can see detailed analytics, profits, and trade logs at any moment.

Documentation

Discover a complete knowledge base designed to guide you through every aspect of our platform. Dive into detailed tutorials, real-world examples, and technical insights to unlock the full potential of Psyll.

Frequently asked questions

FAQ image
Who can use trading bots?

Trading bots can only be used by active users who have a PRO subscription, an active account on a supported exchange, and the ability to generate API keys. This allows the bots to securely connect to the exchange account and execute buy and sell orders according to the configured strategy.

Do the bots operate automatically 24/7?

Psyll trading bots operate 24/7, meaning they run continuously without requiring your constant supervision. This automated operation allows for quick responses to changing market conditions and the ability to seize every available investment opportunity, regardless of the time of day or night.

Does Psyll hold my funds while the bot is trading?

No, Psyll does not hold your funds while trading with the bot or any other case. The bots connect to your exchange account using secure API keys that only have permissions to place buy and sell orders (with no ability to transfer or withdraw funds — so-called “read/trade only” access). All your funds remain safely stored in your exchange account, and Psyll never has access to or custody of your money. To use our advanced bots, an active PRO subscription is required.

How many bots can I use at the same time?

You can run any number of bots simultaneously, allowing for broad diversification of investments across various assets and exchange platforms. This enables you to better respond to changing market conditions and more effectively achieve your financial goals. However, it is important to properly configure the position size for each bot to ensure that each one has sufficient capital to carry out the planned position pyramiding.

Does Psyll guarantee profits?

We strive to provide our users with the best possible services and accurate data regarding bot performance to help them make informed investment decisions. However, it is important to remember that past results of bots and market analyses never guarantee future success. The market is volatile and influenced by many unpredictable factors, so even the best strategies can yield varying outcomes. Financial results also depend largely on the bot settings configured by the user. A key factor is the position size — the amount of capital committed to a single trade. The larger the position you choose, the greater potential profits you can achieve, but this also increases the risk of possible losses. Therefore, we encourage prudent risk management and adjusting the bot’s parameters according to your own capabilities and investment goals.

How do I get exchange API keys?

To use our trading bots, you need to generate API keys directly on your exchange account. This process involves logging into your exchange platform, navigating to the API management section, and creating a new key. It is very important that when creating the key, you set permissions to read and trade only (read/trade only), which means the bot will only be able to place buy and sell orders and read your account balance and transactions. The key should not have withdrawal or fund transfer permissions to ensure your funds remain completely secure. You can find the entire step-by-step process and detailed instructions in our documentation.

Can I start/stop the bot at any time?

Yes, our trading bots are designed so that you can activate and deactivate them at your discretion and according to your current needs. There are no limits or restrictions on when you can stop or restart the bot. This way, you can be confident that you always maintain control over your investments, and the bot operates only when you want it to.

Is there a minimum and maximum investment amount for trading bots?

The minimum and maximum position sizes for automated trading are defined by the exchanges that cooperate with our bots. Each exchange has its own rules and limits designed to protect investors and maintain market liquidity. Users have full control over the amount they choose to allocate to each trade, allowing for conscious risk management and tailoring their investment strategy to their individual needs. In case of any issues related to exchange limits or other errors during order placement, the system will automatically notify the user about the situation. Psyll does not interfere with decisions regarding the amount of funds invested, leaving this control entirely in the hands of the user.

What are the fees for using trading bots?

Full access to trading bots is granted to all users with an active PRO subscription. The fees for using the bots are fully included in the price of this subscription, which means we do not charge any additional commissions or fees on profits or executed transactions. However, it is important to note that each exchange where the bot operates has its own fee structures, including the “maker” and “taker fees,” which are standard industry practices. These fees are calculated and collected directly by the exchange platform, and Psyll has no ability to modify or influence their amount.