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General Discussion / Re: btsbots wallet release v0.0.1
« on: April 04, 2017, 05:38:52 pm »FEEDBACK from a newbie
Those questions may seem ridiculous to you but that may give you an insight of how a complete newbie thinks...
I really want to provide liquidity but I need your help to understand this part:
First: What is the "Order Balance" and why is it in CNY? Afterall, I'm in the USDT/BTS market...that's confusing.
Second: My guess is that I have to input spread on both side in order to provide liquidity is that true?
Third: What should I input in the "Spread" section? 1% or -1% (Maybe it would be good to put a default value in there for the complete newbie who just want to run a bot quickly and then once he has more experience, he can easily tinker with it?)
Fourth: How do I make sure the orders won't empty my wallet of BTS when I turn the bot on?
1.) size of your order in CNY equivalent (because this bot was created for the Chinese who understand value best in CNY)
2.) if you just run a buy bot or just a sell bot you are still helping liquidity
3.) put positive amounts in both buy and sell. The total of these will be your spread
4.)click BOTS > SETTINGS then enter a "asset balance limit" this will stop the bot buying more than you want it to.