FAQ

What is HyndorBot?

HydorBot is an algorithmic bot that works according to the Grid trading and the Dollar Cost Average (DCA) principle. HyndorBot operates on Deribit, a Dutch based futures exchange. After supplying your API keys and some initial settings (Direction,...

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12 Jan, 2020

Stefan

Why do I choose Long or Short?

The bot needs a choice between Short and Long as a basic setting. With this you choose a certain direction that you expect Bitcoin to move in the coming period. If you believe that bitcoin will only become more valuable in the coming months or years,...

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02 Oct, 2019

Stefan

What settings are available for HyndorBot?

Status Active or Paused Access Key The exchange API key Access Secret The exchange API secret Direction The direction the bot works, this is mostly "buy" which means we are Long. Check the "What is a long strategy or a...

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27 Jan, 2020

Stefan

What information does the dashboard show?

Wallet balance Your current wallet balance. Total Profit The total profit made since the configured "Start Date" in your HyndorBot settings. Profit this month Profit made so far this month. Status Some general information about the runni...

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12 Jan, 2020

Stefan