So, your bot takes maximum $50 in a month for our profit in a month? How your bot will take our commission? Is that bot has automatic withdraw feature for your commission?
To OP, i would suggest you to read about all negative news about livecoin first, and you should stay away from that exchange atm
50 usd = the maximum comission of your service per month. Such comission (50$) will be taken if the bot earns 250$ for you (you clean earnins will be 250$-20%=200$). All future comission per this month will be 0%. So that you can use the bot and make profit for free till the first of the month.
To collect the commission from profits made by trading with bots, there is a RevenueBot account balance (it is not trade balance, RevenueBot account balance just used to pay comission). Every time a bot earns a profit, the commission is charged to the account balance. Each transaction is shown on the profile page. If the balance is negative, the bots will not launch, and already launched bots will stop in 72 hours. It is necessary to ensure that your account balance is positive. The user is given 72 hours to replenish the balance in the event it becomes negative; after the deadline, the account moves to a “suspended” state and all bots stop.
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And about the trade balance (the deposit bot uses for trading) - We do not store or accept these deposits of your cryptocurrency. All funds you want to trade must be stored in your accounts on cryptoexchanges.
And we have no access to the withdrawal of your crypto from the cryptoexchanges balance. The bot can only use this balance to place the grid of orders using API key.
More info at our faq page:
https://revenuebot.io/faq.html
