Kriptomat’s Automated Trading feature lets you specify a price target and amount for buying or selling crypto. When the price hits the target, your transaction is executed immediately – even if you’re offline, asleep, or on holiday.
The feature is intended to help you meet your investment goals.
You can set price targets for selling crypto at a profit or establish a “wish list” of low prices for making purchases. An automatic sell order can limit losses in the event of a market downturn.
Just set an Auto Buy or Sell order and relax while we do the work. 😊
Pros of Automated buy/sell:
You will not miss out on good opportunities to buy at bargain prices.
You will minimize losses in case of a sudden market downturn.
You can earn profits by selling at high prices that occur any time of the day or night.
Here is how to set up Automated Trading in Kriptomat Mobile App:
Note: we are showing the auto-buy flow, but the auto-sell flow is the same.
Login to your Kriptomat App.
2. Click the Main button in your app.
3. Click Buy or Sell (depending on whether are you setting up Auto Buy or Sell).
4. Click and select the type of purchase you wish to make.
The following options will appear. Select Buy at a set price.
5. In this screen you will be asked to define the price at which you wish to buy or sell. You can define by exact number, or in percentage difference compared to the current price.
6. Once you set all parameters, you need to press Confirm, and that is it. 😊 💪
NOTE: If you do not have enough balance on your account to set these purchases, you will be directed to the page where you can easily deposit funds to your Kriptomat account, by the following methods:
***
What happens if my Auto Buy order is not executed?
That is highly unlikely. However, if prices change so quickly that it is impossible to execute your purchase, the order will be canceled, your funds will remain in your account, and you will receive an email notification.
IMPORTANT NOTES:
You must have assets in your account to use this feature.
Once you set Auto Buy, the funds will be reserved for this purchase and you can not use them for other purposes.
Due to the high volatility of crypto prices, Auto Buy prices and Auto Sale proceeds may vary slightly.
You can cancel your Automated purchases anytime you wish before they are executed.
***
Do you still have any questions? Use the support chat to contact our support team or send us an email at [email protected]