RevenueBot

Revenue Bot appeared in 2018. The developer company is based in Dubai. The official website claims that the service is used by more than 50,000 people, clients have executed over 10 million orders. The interface works in English, Spanish, Russian, and Ukrainian.

What is Revenue Bot?

Revenue Bot is a cloud service for automated cryptocurrency trading. Algorithms conduct trading 24/7 on more than 15 exchanges simultaneously: Binance, OKX, KuCoin, Bybit and others. Users can launch ready-made trading strategies and create their own, copy other traders' trades, and manage risks. The options also include flexible settings, integration with analytical services, and a clear interface.

Platform features:

• Automatic trade via API (application programming interface) without installing additional programs.
• Support for multiple bots and trading pairs on one or more exchanges simultaneously.
• Long and Short algorithms for buying and selling assets.
• Grid of averaging orders to reduce risks when entering a position.
• Automatically switch to the most volatile trading pairs to increase profitable trades.
• Integration with Trading View for using trading signals.
• Filters based on technical indicators RSI (relative strength index), CCI (commodity channel index) and Bollinger bands to select the optimal time to start trading.
• Simulation mode – testing strategies on historical data.
• Automatic switching of algorithms when the market trend changes.
• Trailing stop to maximize profit.
• Trade futures with leverage up to x125.
• A marketplace that sells ready-made strategies and mentoring services.
• Manage statistics via tags and notification system (email, SMS, Telegram).

How to get a registration bonus

The platform credits new users with 5 USDT. You need to complete several tasks. The first is creating a personal account.

Step-by-step Revenue Bot Registration

1. Open official website Revenue Bot.
2. Click "Register".
3. Fill out the form: you must specify your name, email address, password.
4. Please read the platform terms and conditions and accept them.
5. Click "Create Account".
6. Confirm your registration – a letter with a link will be sent to your email, you need to click on it.

You can speed up the process: Revenue Bot offers to register via Facebook, Google or Telegram. You need to choose a platform and log in.

Receiving a bonus

When your personal account is ready, go to the "Bonus Program" section - located at the top left. You will be asked to complete five tasks.

1. Link your Telegram account for quick login.
2. Subscribe to the YouTube channel and Telegram channel «Cryptonews».
3. Join the Revenue Bot community Telegram chat.
4. Connect a crypto exchange account via API with trading and reading rights.
5. Create your first trading bot.

After completing all tasks, the bonus will be credited to the account.

What do you need to trade in Revenue Bot?

To start trading, you need to prepare an account on the crypto exchange and top up your account. You also need to make a deposit to the Revenue Bot balance - the money will be needed to pay the commission on the profit.

The next step is to connect the exchange to the platform via API - there are several ways, choose the most convenient one.

Then you need to decide on a trading strategy. An extensive knowledge base, free online consultation (lasts about 20 minutes, you need to sign up for a meeting in advance), and training videos will help.

How to set up RevenueBot

You can create and configure trading bots when your account is connected to a cryptocurrency exchange and there are funds on the balance. The steps are as follows:

• click the "Create a bot" button on the main page or go to the "Quick Start" section in the menu on the left;
• specify the name, connected exchange and API key for trading;
• select a trading pair – the platform offers a list of recommended pairs with high liquidity and stable volume, including popular tokens: Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Dogecoin (DOGE), Chainlink (LINK) and others.

Algorithms of work

The platform uses several algorithms for trading. All automatically create and execute pending orders, take into account volatility and risk parameters.

Main functions:

• Automatic distribution of orders into a grid for gradual entry or exit from a position.
• Adjust order volumes using the Martingale coefficient to manage risks and improve efficiency.
• Application of filters for assessing liquidity and volatility of trading pairs to select optimal conditions.
• Automatic switching between LONG and SHORT modes when the market trend changes.
• Using trailing stops to maximize profits and limit losses.

Algorithms provide flexible position management, reduce risks and increase profitability when configured correctly.

LONG setup

The LONG mode is designed to buy an asset and then sell it at a higher price. The algorithm generates a grid of orders for the selected coins, ensures uniform distribution of entry into a position and minimizes sharp fluctuations.

Key parameters:

• Deposit size is the amount for trading operations.
• Number of orders - the number of requests to buy an asset.
• Martingale is a method of increasing the volume of each subsequent order to compensate for possible losses.
• Overlap level is the difference between the bids in percentage.
• Trading mode - trading style (regular, low-risk or aggressive).

Filters are also used to select liquid and volatile trading pairs.

Setting up SHORT

Unlike LONG, the SHORT mode works to lower the price: the bot sells the asset to buy it back later cheaper - that is, to earn on the fall. The settings are similar to LONG, but are oriented towards the reverse market movement.

Thus, both modes use similar principles, but are adapted to different trading directions.

Connecting Revenue Bot using Bybit as an example

Integration with a cryptocurrency exchange is configured in the Revenue Bot personal account. On the right side of the screen is “My balances on exchanges”, and in it is the “Connect exchange” button. Clicking on it will open a window with two connection modes - manual and automatic. Let's consider how each of them is configured using the Bybit crypto exchange as an example.

Automatic connection

1. In the window for adding a bot, enter a name.
2. Select Bybit exchange.
3. Click on “Quick Connect” and you will be redirected to the Bybit website.
4. Log in to your exchange account and confirm access for Revenue Bot.
5. The system will automatically create API keys and connect the exchange to the trading platform.

Manual connection

1. Login to your account at website Bybit.
2. Complete verification and open the API Management section.
3. Click "Create API" and select "System generated API Key" to automatically generate a key.
4. Name the API (e.g. "Revenue Bot API"), solve the captcha, and confirm via email or authenticator.
5. Enable Trade and Read permissions.
6. Copy the generated API Key and Secret Key.
7. Return to the Revenue Bot website and fill in the API details.
8. Click "Add API Key" to save.

After this, the exchange will appear in the list of connected accounts. Now you can create and configure trading bots. The connection is made through a secure network using blockchain technology. Asset security is ensured by strong passwords and two-factor authentication (2FA).

How much does Revenue Bot cost?

Revenue Bot operates on a pay-per-performance model: there is no subscription fee or commission for transactions. Users pay 20% of the profit received, but no more than 50 USD per month for each type of trade (SPOT, Futures USDS-M, Futures Coin-M). The commission is debited from the platform balance, which must be topped up in advance with cryptocurrency. If the balance becomes negative after the write-off, the user has three days to replenish it. After that, the platform will disable the bots, the account will receive the status "Suspended". Everything will work again when the client pays off the debt.

How does the marketplace work in Revenue

On the platform, you can buy or sell configurations of trading bots, help other traders for a fee, or receive mentoring services. The platform for transactions is the Revenue Bot marketplace. The store includes several sections.

1. "Buy Configuration" - a catalog of verified bot settings with detailed information: exchange, trading pair, algorithm, date of the first transaction, deposit size, expected profit percentage, daily profit.
2. "Free Bots" - you can test publicly available algorithms.
3. "Sell Configuration" - receive income from selling successful bot settings.
4. "Mentoring" - you can select an experienced user for consultation and individual support.
5. "Signals" - paid and free trading recommendations with detailed statistics on profitability and activity.

The platform verifies the authenticity of the data that sellers publish in their ads. Reviews and ratings help you choose reliable options for automated trading.

Demo Trading - Simulations Mode

The Simulations mode imitates real transactions and market conditions, while trading occurs with virtual assets. The user can test strategies and settings safely for his capital. There are functions for correcting the algorithm in real time.

To enable demo mode, you need to:

• Open the "Quick Start" section;
• Select the "Simulations" mode;
• Click "Create in Simulation Mode".

Conclusion

Revenue Bot is a proven solution for automated cryptocurrency trading. The service has been operating for about seven years and has a good reputation among the crypto community. The platform integrates with more than 15 exchanges and supports working with several trading pairs simultaneously. Flexible risk management settings allow you to adapt strategies to different tasks. The service is convenient to use for both experienced and novice traders. Revenue Bot has prepared a large array of training materials. This simplifies user interaction with the platform. The demo mode allows you to test strategies, and the marketplace expands the range of ready-made solutions for a quick start.