General Questions
What is unCoded?
unCoded is a self-hosted cryptocurrency trading bot that automates trading strategies. It leverages high-frequency trading techniques to capitalize on small market movements, offering flexibility and independence.
How does unCoded work?
unCoded connects to your Binance account via API keys, allowing it to execute trades based on your configuration. It monitors price movements, places buy and sell orders, and operates continuously to maximize trading opportunities.
Why is unCoded self-hosted?
unCoded’s self-hosted model ensures that users have full control over their trading activities. Unlike centralized platforms, self-hosting eliminates dependency on third-party services and enhances security by keeping data under the user’s control.
What are the benefits of using unCoded?
Flexibility: Configure the bot to match your trading strategy.
High Frequency: Executes thousands of trades daily to optimize returns.
Control: Operates on your server with no reliance on centralized systems.
Cost Efficiency: Reduces fees through Binance VIP1 status with USDC trading.
Is unCoded beginner-friendly?
Yes, unCoded offers a default configuration that provides a reliable starting point for new users. Additionally, documentation and community support are available to help beginners set up and optimize the bot.
Which cryptocurrencies can unCoded trade?
Currently, unCoded is optimized for trading PEPE/USDC. However, you can adjust the baseAsset and quoteAsset parameters in the configuration to trade other pairs.
What is required to start using unCoded?
To start using unCoded, you need:
A Binance account created through the official referral link.
A compatible server with a static IP address.
Basic trading capital in USDC and BNB for fees.
Correctly configured API keys with the required permissions.
Can I make adjustments after starting the bot?
Yes, you can adjust most parameters in the configuration file even after starting the bot. However, it’s recommended to monitor performance closely when making significant changes to avoid unexpected outcomes.
If you have additional questions, refer to the other sections in this documentation or contact support for assistance.
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