This article covers how to start acting as a trader on Coinmatics.
Register via email, your Google or Twitter account. Find a confirmation message with an activation link. Follow the link to complete your registration.
Once you've created an account, you can set up two-factor authentication (optional).
Step #1: Link your exchange account
Copying the trader's exchange orders by strategy subscribers is done via API connection. To enable copying your exchange orders, you need to link your exchange account to Coinmatics via its API key. Check our detailed step-by-step guides on how to do it, depending on your exchange: Binance, Bybit, FTX, and OKX (OKEx).
An example of linking a Binance account to Coinmatics:
Once you've linked your API key, you can create your own strategy.
Step #2: Place your strategy
Once you've linked your exchange account to Coinmatics and got verified on the platform, you can create your own strategy.
Please note that there is a 30$ application fee for submitting a strategy on Coinmatics.
Go to My Strategies page and click the "Add Strategy" button. Fill in the fields in the form, then hit the "Create Strategy" button:
|Strategy name||Give your strategy a distinctive name that would make it stand out in the listing.|
|Select exchange||Select the exchange from which the orders will be copied. Now there are 4 options available — Binance, Bybit, FTX, and OKX (OKEx).|
Describe your trading strategy, for example: “Only top coins. I calculate profit in BTC. I do risk management.” This should give investors enough information to briefly understand how your strategy works. A good description increases conversion.
Learn more from this article
|Base coin||Choose between USDT and BTC; remember that you cannot change it later. The base currency is the coin in which the profit is calculated. You can have numerous coins on your account, but the system will calculate your total in base currency.|
Choose the trading type for your strategy.
Learn about the supported trading types from this article.
|Price for Telegram signals subscription (per 30 days)||
Set the price that your subscribers will pay for receiving your strategy's signals on Telegram.
You won't have to send any signals manually; our system will do it automatically.
|Price for copy trading subscription (per 30 days)||Set the price that your subscribers will pay for copying your trading strategy.|
|Choose account||Choose the API key related to your exchange account dedicated to this strategy activities.|
Here's a video instruction:
Done! After you've submitted the strategy, you can start trading right away.
Your strategy will undergo a moderation flow before it becomes available for all Coinmatics user for subscription. Learn more from this article.
Important information for traders
If you've decided to become a trader on Coinmatics, we strongly advise you to learn the following information: