FAQ
FREQUENTLY ASKED QUESTIONS
Gunbot is a trading bot software that allows you to automate your trading on crypto currency markets. Its main goal is to make trading operations on autopilot, so you can save your time.
Yes, Gunbot is able to execute several precoded trading strategies on auto trading. Also you can easily customize the trading style to your likings, and it will buy and sell coins following the trading strategy you want. The only thing you have to do is to install and configure the bot and to add the coins you want to trade with. After that, Gunbot will execute buy and sell operations for you following the strategy you chose, no matter if you are sleeping or relaxing at the beach drinking a mojito.
Actually Gunbot supports Windows, Mac, Linux and ARM.
The latest version of Gunbot is very low resource demanding, it can even be ran in an old laptop or even in a raspberry.
We accept payments through Bitcoin and PayPal. The prices are shown in Bitcoin, and after clicking “Buy Now” and filling the form, you will be able to send the BTC payment using the wallet address prompted to you.
There are many Exchanges where you can buy Bitcoin and other altcoins. One of the most popular is Coinbase.
You only need to login to your Exchange (Poloniex, Bitmex, Bittrex, Cex.io, Binance, Bitfinex, Kraken, Coinbase Pro, Kukoin or Huobi) and create an API Key. After purchasing Gunbot, you will get an email asking for your Api Key, so we can activate your license.
API stands for Application Programming Interface. This allows Gunbot to communicate to your chosen exchange.
Gunbot works on more than 136 Exchanges. Of course the biggest and most popular ones are supported. The one you want to trade at it’s your choice. Nowadays, the most popular, trustworthy and recommended is Binance.com because it has very high volume and the lowest fees. You can check the full list of Exchanges by Clicking here
Yes, as far as you change your original API Key for other API Key from the same exchange. In the case you have Pro or Ultimate, you can add, change and remove apis from any of the supported exchanged yourself from the graphical interface.
VPS stands for Virtual Private Server. It’s just a remote computer in which you can run the bot. The bot works fine in any computer but there are several advantages of running Gunbot in a VPS. For example:
a) You don’t need to keep your computer turned on 24 hours / day.
b) You save in your electricity bill.
c) You can connect to your vps to check the bot from anywhere, from any computer, notebook or cellphone.
d) The vps connections are really strong, this means that it doesn’t matter if your home Internet connection drops, the bot will still be working in the vps. Also a strong connection helps the bot to be more fast and efficient.
For beginners we recommend Contabo. This one is a very good and stable VPS that works great with the bot. As you can see, there are 4 packs. We recommend the one whose name is “VPS S SSD”. It’s more than enough to run Gunbot. The only thing we need to do is to choose the “Operating System”. Click on “Windows Server” and pick “Windows Server 2016”. We don’t need to change anything more, so we can click on “Next” and proceed with the payment. The final monthly price, including Windows Server 2016 is 9 € / month. If you pick a Linux OS, the price would be lower, but it’s only recommended for advanced Linux users, so for most of the people “Windows Server” is the best choice.
For more experienced users AWS (Amazon Web Service) with this service you can build your VPS to your liking and only pay for what you use.
Gunbot includes more than 14 precoded algorithmic trading strategies: Bollinger Bands, TSSL, Gain, Stepgain, Ping Pong, Ichimoku, Emotionless etc… You can also tweak the default parameters and create your own trading strategy.
Market Maker Bot attempts to take advantage from the spread, placing limit orders just outside the current buy and sell prices. Some exchanges, like Bitmex, give negative fees for market making, that is, they pay for giving liquidity to the market. In these cases, Market Maker Bot will place an enter position order, and once it’s completed, it will execute the exit order. Then it starts a new cycle.
BitRage is the only arbitrage bot for crypto markets. It doesn’t matter if there is a bull market or a bear market, BitRage just searchs for profitable operations and execute them getting advantage from the different price ratio between several altcoins in the same exchange (also called triangular arbitrage), and it also takes advantage of the price difference between a cryptocurrency on different exchanges.
Gunbot installation is very easy and it usually takes a few minutes for someone with basic computer skills (download files, browse a website etc…) We also have a manual and a step by step video showing how to install.
Yes, purchasing a Gunbot license you will get access to the main Telegram support group. We have now implemented a free of charge school where you can speak one to one and create a tailor made strategy just for you.
There is no limit. Gunbot can handle any number of coins you want to add.
Gunbot license doesn’t expire. That means that you will get updates, improvements and new versions for free forever.
After the purchase, you will get an email asking for your Api key in order to activate your license. Once we get your Api key, the activation usually takes only a few minutes, but it can take up to few hours in some cases.
Yes, you can install Gunbot on several computers but note that you can only run it on one computer at the same time.
Gunthy token is a token created by Gunthy Ltd. Gunthy token brings Gunbot license system to a new level, allowing to verify license ownership via Blockchain. It has more advantanges, for example, now users are able to swap their api keys themselves. Note that each license requires a certain number of Gunthy tokens. No worries, each Gunbot license comes with the required amount of Gunthy tokens to run it.
Regarless you trade manually or using an automation software like Gunbot, it’s highly recommended to have some basic knowledge. You should keep in mind that crypto markets are very volatile and despite they offer good oportunities to get amazing profits, they also involve a high risk.
No, we are not financial advisors.
No, due to the nature of digital products, we don’t offer refunds.
You can send us a message on Telegram. We will be glad to answer your questions.