The Kucoin Exchange
So here we are on the asset overview page inside of kucoin, which you can navigate back to at any time by hovering over this wallet, icon and clicking here where it says overview. The two main accounts we are concerned with is the main account and the trading account, so any crypto that we purchase our deposit in here is going to appear in the main account, and we will then need to transfer that over to the trading account in order To utilize easybot first thing, we’ll do for simplicity, is convert all our wallet balances to usdt and i’m going to make a deposit of 600 usdt into the main account just for demonstration purposes. Kucoin offers many different options and methods to get cryptocurrency in here.
In the asset overview page we can click on deposit and, depending on the fiat currency, you select, you will see some payment methods for depositing fiat here for euro. We have separate transfer visa. Mastercard. The most obvious way is to deposit crypto.
If you already have it somewhere else in another exchange or another wallet, if i go back to the overview menu here, we can also buy cryptocurrency using visa mastercard through one of these channels of payment processor. We also have apple pay. If i go back up here to fast trade, we can see that we can buy crypto and if i open up the menu here, you’ll see multitudes of options with third parties, including paypal cash, app, google pay neteller uphold. Please note that many of these thirdparty methods will require that you fully verify your account by binding a phone number and completing the kyc verification.
The simplest way is to simply send cryptocurrency in here from another exchange, another wallet or wherever else you can get your hands on it. So we’re going to go into the main account for this example. I’M going to search usdt, i’m then going to come across and select deposit.
You will then need to select the network or the chain that you were sending across. There are many options, make sure that wherever you’re sending it from you are selecting the right network. I’M going to be sending from binance i’m going to send it over the trc 20 network. I’M going to copy this address open up.
My spot wallet in binance find usdt click with the draw i’m going to paste in the address and then select the network that i just chose over in kucoin trc20 in this example. While we wait for that to arrive, let me just highlight the fact that you are free to deposit any cryptocurrency that you can get your hands on. Perhaps it’s easier to get your hands on bitcoin somewhere else. You can deposit bitcoin and then follow the many tutorials that are available inside the knowledge base and kucoin, which will show you how to convert that bitcoin into usdt.
Once it has arrived into your kucoin, so our 600 usdt has arrived. We are going to transfer it over into the trading account to use with easybot right now, usdt at the time of recording. This video is the first stable coin that is available to trade with easybot, but soon we will have additional stable coins that you can use.
Click on transfer on the main account and toggle the order here with this flip icon, so that we’re going from the main account to the trade account i’m going to enter the full amount. In this case, 600 click confirm and instantly. You will see it appear inside the trading account now that your trading capital is where it needs to be inside of kucoin. The next step is to create your api connection.
Hover over your profile go to api management, and you will see that all three of these security protection methods need to be enabled. In order for you to create an api, you can click here on edit to set them up. You can also get there by clicking security settings where you will see them if it’s your first time using the google authenticator app and setting up 2fa twofactor authentication click here to open up their stepbystep user guide, which will guide you through the process. Setting up your trading password is very simple: you’re just going to create a six digit number make sure you write it down offline, keep it somewhere safe, so that you don’t lose it.
This will be used to confirm, withdrawals and create api connections. Once you have enabled those two security measures, go back to api management, make sure you’re under spot margin. Api click create api. First thing you do is give the api a name i’ll call it easybot.
The next step is to create a passphrase which is anywhere from 7 to 32 characters. This is unique to this specific api connection that you’re creating again write this down offline somewhere safe or you won’t lose it next. Under api restrictions, make sure you tick the trade box so that easybot has permission to send trade commands tick.
Yes, as recommended for ip restrictions, navigate inside your easybot dashboard, go to bot management, user exchanges, and you will land on this page copy the trusted ip to your clipboard. That is what you’re going to paste in here and click add. You may now proceed. Click next to finalize and confirm the creation of this api connection.
You will need to approve it via all three layers of security measures that we created earlier enter your trade and password, send the verification code to your email and input. The six digit code from the google authenticator app once you have retrieved all three of those click on confirm and the final step you’ll be sent an email. The email should look like this click where it says activate api.
EazyBot Users Kucoin Full Setup
Your api has now been created. We will now copy across the key and the secret into our easybot dashboard, to establish the api connection once again navigate to bot management, user exchanges, click on add user exchange, give it a name from the drop down menu, select, kucoin copy and paste the key and The secret type in your passphrase that you created and wrote down offline and then click save your api key is now available under api management, which you can edit and delete at any time. You are now ready to set up and activate your bots navigate to bot management, click on bots click, add new and now you’re about to see one of the reasons it’s called easybot. It really is simple: just give it a title: perhaps you want to name it after the exchange and the date you put it running, select kucoin that you just connected from the drop down menu under exchange, open up this list and select the coin.
You want to trade for this bot. This should be at cycle. Your status should be active and then you simply type in the amount of your balance, that’s over in your kucoin.
How much of that do you want to allocate to this particular coin that you’re setting up, maybe you’ve, twelve hundred, maybe you’ve, six thousand, maybe you’ve sixty thousand over in kucoin whatever it is? In this example, for demonstration purposes, we were just using 600. You will see everything else is ready to go auto compounding default. Configuration is already set up.
You don’t have to worry about anything, you simply. Click save so give us a title. Select the exchange select. The coin enter the trading balance that you want to allocate to this particular coin and click save you will then simply click, add new and repeat that process for each additional coin, that you want to trade and that’s it my friends, congratulations! You are now up and running and trading using kucoin with easybot
