General

General FAQ on cryptocurrency trading at Wunderbit Trading

What is margin trading?

Margin trading gives you the ability to enter into positions that are larger than your account balance.

What is leverage trading?

Leverage is the use of borrowed funds to increase trading position beyond what would be available from their cash balance alone.

Why is everything FREE? How do you make money and support the whole platform?

We have a team of traders, who trade on the platform. We profit when users copy-trade our accounts.

Do I need a different bot name per coin I trade i.e. I want to apply the same strategy to numerous coins?

Name of bots can be the same if at least one other variable is different.

I also have only the one account so if I choose 100% on say BTCPERP trade, and it becomes active, then other alerts fire off.. but $0 are in the account, will that affect things?

On FTX, if you specify max leverage above 1x, for example 5x it will allow you to create five 100% trades.

I'm also interested if I can come in and manually manage an active bot trade?

Yes, you can cancel or edit any bot created strategy.

If I was o go in and manually close a trade, without the 'exit' signal. Nothing would happen.. Then it just looks for new entry signal and starts again?

Exit will get to Wunderbit, but such as you already close the trade, it will be ignored. then, waiting for next entry.

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