A few weeks ago, I was overwhelmed with new bots and I was not able to commit to pursuing the crypto bot provider I spoke with at that time. Tuesday night, I found out they have improved their systems a great deal, BUT they also raised their prices. I negotiated a “try before you buy” (Really, pay a little now, and pay the rest in 30 days if you love it. If you don’t love it, then thanks for giving us a try, and we will keep the first payment.)
Before I can embark on this 30 day (or longer) journey, I have a some software to install and accounts to set up.
- Install tunneling software and purchase a VPN subscription: Since I have a Mac, the tunneling software is “Tunnelblick”. The VPN account was set up through SurfShark. I configured it just like I was told. The setup videos from the bot-provider were not very complete. The SurfShark videos were necessary to understand all the steps.
- Set up an account on a copy trading site: BingX. This was also slightly tricky. If the BingX site thinks you are in the US, you will not be given access to the site.
- Create a corporate crypto account with Kraken and upload all of the documents: If I knew of the backlog on approvals, I would have started creating the account sooner. The approval of this account and the first deposit are the major holdups now.
- Create a WunderTrading account
- Upgrade my TradingView account
- Setup a Pionex account
I won’t see how all of these pieces work together until the Kraken account is approved, AND the money is transferred from my bank account. Yes, my money will no longer be in a warm place with FDIC insurance. The transfer to OX Securities for my algorithmic trading bot brokerage account in Australia is predictable and familiar. After some crypto deposits and withdrawals, I am hoping the crypto activity will also be low stress.
Once this adventure is over, I will be happy to provide the name of the bot-provider I am working with. At this point, they are doing everything correctly. They recognize the importance of trust when potential customers are dealing with their finances. Once they have earned my trust, I will be happy to release their identity to any who are interested. Questions? Always welcome.