A step-by-step guide to connecting your Binance account, configuring your bots, and letting them trade for you around the clock.
Sign up in seconds
Click 'Start free trial' and create your CryptoTraidz account. No credit card is required to sign up — your 3-day free trial begins the moment you subscribe.
Connect your exchange
Don't have a Binance account yet? Open one now and deposit the crypto you intend to trade — any amount you choose. Then generate an API key to connect it to CryptoTraidz.
US residents: Binance.US · All other countries: Binance Global
Security guarantee: With withdrawals disabled, your funds can never leave the exchange — even if your API key were ever compromised. This is the single most important security step.
Encrypted and secure
Paste your API Key and Secret Key into the CryptoTraidz dashboard. They are encrypted with AES-256 before being stored — we never see your keys in plain text.
IP Whitelist: Binance requires you to whitelist the server IP address that will be making API calls. The exact IP is shown on your dashboard — copy it and add it to your Binance API key settings.
Choose coins and set your strategy
Add up to 3 (or 5 on Pro) trading bots. Each bot trades one coin — no duplicates allowed. Set your strategy parameters to match your risk tolerance.
Important: You must purchase your initial coins directly on Binance before creating a bot. CryptoTraidz does not handle deposits or initial purchases — it trades coins that are already in your Binance Spot wallet. For example, if you want to run an XRP bot, first buy XRP on Binance, then create the bot.
Live tracking, always
Your dashboard updates in real time. See each bot's current state (holding coin or holding USDT), portfolio value, entry price, and actual fees paid — not estimates.
CryptoTraidz uses a trailing-stop strategy — it buys on confirmed bounces and sells at the peak, automatically.
Waiting to Buy
The bot tracks the lowest price seen. When the price bounces up by your Trail Buy %, it triggers a market buy order.
Holding the Coin
After buying, the bot tracks the highest price reached. It will only sell once Min Profit % is cleared and price drops by Trail Sell % from the peak.
Stop Loss
If the price falls below your Stop Loss % from the entry price, the bot exits immediately to protect your capital.
Sold — Waiting Again
After selling, the bot holds USDT and immediately starts looking for the next buy opportunity. The cycle repeats 24/7.
Example trade — DOGE with default settings
Your strategy parameters directly control how aggressively or conservatively your bots trade. Understanding each one helps you fine-tune for your risk tolerance.
This is how far the price must bounce up from the lowest point before the bot buys. A lower value (e.g., 0.2%) means the bot buys on smaller bounces — it enters positions faster but may buy during minor fluctuations. A higher value (e.g., 1.5%) waits for a stronger confirmed bounce — fewer trades but more conviction.
Aggressive
0.2%
More trades, faster entries
Moderate
0.5–0.8%
Balanced approach
Conservative
1.0–2.0%
Fewer trades, stronger signals
After buying, the bot tracks the highest price reached. Trail Sell % is how far the price must drop from that peak before selling. A lower value (e.g., 0.2%) locks in gains quickly but may sell too early during a rally. A higher value (e.g., 1.5%) lets profits run longer but risks giving back more gains on the way down.
Quick Exit
0.2%
Lock in small gains fast
Balanced
0.5–0.8%
Good risk/reward
Let It Ride
1.0–2.0%
Maximize upside potential
The minimum gain required before the bot is allowed to sell. Setting this to 0% means the bot will sell whenever the Trail Sell condition is met, even at a small loss (minus fees). Setting it to 0.5% or higher ensures the bot only sells when there is a real profit. Important: Keep in mind that Binance charges a 0.1% fee on each trade (buy and sell), so you need at least 0.2% profit to break even. Setting Min Profit below 0.2% may result in net losses after fees.
Your emergency exit. If the price drops this far below your entry price, the bot sells immediately to prevent further losses. A tighter stop loss (e.g., 1%) limits downside but may trigger during normal volatility. A wider stop loss (e.g., 3–5%) gives the trade more room to breathe but accepts larger potential losses. Recommended: Start with 1–2% for volatile coins like SHIB/DOGE, and 1% for more stable coins like XRP.
Fees are the silent killer of small-margin strategies. Knowing how they work helps you set profitable parameters.
| Action | Fee | Example ($100 trade) |
|---|---|---|
| Buy order | 0.10% | $0.10 fee |
| Sell order | 0.10% | $0.10 fee |
| Round trip (buy + sell) | 0.20% | $0.20 total fees |
Every trade cycle (buy then sell) costs approximately 0.20% in fees. This means:
Pro tip: Reduce fees by 25% with BNB
Hold a small amount of BNB (Binance Coin) in your account and enable "Use BNB for fees" in your Binance settings. This reduces your trading fee from 0.10% to 0.075% per trade — saving 25% on every transaction. Over hundreds of trades, this adds up significantly.