FAQ

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, max. Contracts, max. Liquidation, Risk and Volatility), HyndorBot operates 24/7 on the exchange. HyndorBot use cross leverage, so the whole wallet is used for margin.

HyndorBot continuously calculates the positions and makes up to +100 trades per day, dependent on the volatility. HyndorBot must be used for a longer period of time and you must take notice, you can’t withdraw your funds without turning your bot off and wait until all positions are closed, because your whole balance is used as margin. A big withdraw would affect your liquidation price. HyndorBot uses compounding on your wallet balance. Hyndorbot is designed to try to generate about +12,5% profit per 3 months.

Important! This bot must be used for a longer period of time and you must take notice;  you can’t withdraw your funds without turning your bot off and wait until all positions are closed. This is because your whole balance is used as margin and a big withdraw would affect your liquidation price. Our advice is to use funds that you can miss for a while.