Frequently Asked Questions

MagicTradeBot is a self-hosted crypto trading automation platform designed for speed, efficiency, and full control. It lets you deploy lightweight, intelligent bots to trade across multiple exchanges, execute strategies like scalp or swing trading, copy Hyperliquid whales, and farm funding — all while keeping your data private and infrastructure self-managed.

Unlike typical cloud-based bots, MagicTradeBot runs entirely on your own server, giving you full privacy and control. It’s built to be lighter, faster, and more intelligent — supporting advanced strategy automation, Hyperliquid whale copy trading, funding farming, and secure enterprise-grade API management.

Yes. MagicTradeBot supports deployment on local machines, virtual private servers (VPS), and private cloud environments. We offer Docker-based setup and full documentation for easy self-hosting.

MagicTradeBot is a fully portable trading bot — no database or complex setup required. Just apply your license, configure your preferred exchange using simple YAML or JSON files, and run the executable. It’s lightweight, fast, and runs effortlessly on any modern system (window, mac, linux) or Docker container.

We currently support Binance, Bybit, OKX, Bitget, and Hyperliquid. New exchange integrations are added regularly.

Yes! Demo Mode allows you to simulate trades using virtual funds in live market conditions.

Absolutely. It uses both live and historical market data to ensure accurate testing and performance insights.

Yes. You can instantly switch between Demo and Live trading by toggling the DemoMode value in your appsettings.yaml file (DemoMode: true | false). No restart or complex configuration needed — just update, save, and trade.

Yes. You can enable the Hyperliquid Whale Copy Trading feature to automatically mirror the trades of one or more of your favorite whale traders on Hyperliquid. Once configured, the system continuously tracks their activity and opens or closes your trades in real time based on their positions and your customized order settings.

When enabled, Funding Farming automates your entire bot to strategically earn from positive funding rates. It intelligently selects the top N symbols with the highest funding rates and, based on your budget and settings, opens spot and short perpetual positions. The system continuously monitors market conditions and exits trades automatically when the funding rate turns negative or predefined conditions are met.

Smart stop-loss adjusts dynamically. If the market moves in your favor, it tightens to secure profits while minimizing losses.

Yes. Configure dynamic take-profit and stop-loss rules, OCO orders, and circuit breakers to manage risk and lock in gains.

Active Bot Instances are live, independently running trading engines within your MagicTradeBot setup. Each instance can be configured to target:

• A specific exchange account (e.g., Binance, KuCoin)
• A distinct trading strategy (e.g., High-Leverage Scalping, Swing Trading)
• All supported crypto symbols available on the exchange

The bot instance scans hundreds or even thousands of symbols in real time and executes trades only when predefined conditions are met. You can also define limits such as “maximum 5 trades in progress” to prevent overtrading. This architecture allows you to deploy multiple instances—across the same or multiple servers—enabling massive opportunity coverage, risk control, and real-time strategy scaling.

Yes! MagicTradeBot offers a powerful affiliate marketing program for individuals, influencers, and communities who want to promote our platform. Affiliates can earn up to 30% commission on every successful referral.

Highlights of our affiliate program:

• Earn recurring commissions on each referred user's license payments
• Track performance with your own affiliate dashboard
• Custom referral links and marketing creatives provided
• No approval delay — start promoting instantly

Whether you're a trading educator, content creator, or community admin, you can turn your audience into a revenue stream. Join our affiliate network and grow with MagicTradeBot!