Beginner's Guide Using Deals in PhpTrader!

in blockchain •  4 years ago 

PhpTrader is a new platform that utilizes capital gains to enable immediate arbitrage on more than 11 popular cryptocurrency exchanges. This service provides a unique experience for all traders. The best cryptocurrency exchange trades more than 1,000 pairs through a perfectly safe and reliable fast transaction for spot trading of cryptocurrency.

PhpTrader is a Swiss-based company that innovates cryptocurrency arbitrage bots. The platform offers a cumbersome experience in generating transactions and revenue through access to more than 11 major cryptocurrency exchanges and supports transactions for 1,000 currency pairs.

What is profit-taking?

Due to the inefficiency of the market, the price of the same asset can be set differently on the exchange. So you can buy assets in one market and make a profit at a higher price in another. While viewed as a risk-free revenue trading strategy, the key here is to "continue" and make it almost impossible to run manually.

How does it work?

Most of the arbitrage was done manually. Advances in technology today make the process more automated, making the market more efficient. Computerized trading systems monitor price fluctuations every year and run transactions almost at the same time. As a result, price errors are corrected in seconds and profit-taking opportunities disappear.

How to leverage automated transactions in phpTrader?

Through phpTrader, traders are connected to 11 exchanges. Exchanges such as Binance, Bittrex, and Bitfinex are supported. The platform uses libraries to import real-time data, such as prices and orders, and then look for price differences between multiple market pairs and exchanges. Everything happens automatically.

phpTrader, an automated trading platform, seems to meet the requirements. Online platforms allow you to set up automated bots to run arbitrage instead.

Choosing a trading platform is not as easy as making the most popular choice. Each platform has its pros and cons, and it is up to the user to choose and balance the platform that best fits the purpose. phpTrader's arbitrage trading bot has the potential to generate revenue.

Video Tutorial

If you don’t like the video or need more instructions, then continue reading.

Step 1. Register your phpTrader account

Click on the phpTrader website to provide your email address and create a password in the middle of the screen to register your account. Links that need to be clicked on to check your email address will then be sent to your email. Once this is done, activate two-step authentication to increase the level of security for your account.

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Always activate two-step authentication if possible.


Step 2. Deposit funds into the account

If you click the "My Assist" tab at the top of the screen, it takes you to your wallet. Click on the "Destination Application" button, scan your QR code, or copy your wallet address. You can then use that address to deposit bitcoin into your phpTrader account.

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The wallet also shows the balance available in the investment order and the investment funds.


Step 3. Move to the exchange transaction screen

Click on "Exchange Request" at the top of the screen. Here you can click the USDP and BTC cryptocurrency tab you want to exchange.

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To proceed with the investment, you need to exchange USDP cryptocurrency.


Step 4. Input detailed information on the progress of investment

Select the type of investment you want from the order box on the left side of the screen. In this example, we use a mutual exchange. Enter the transaction quantity, that is, the amount you want to invest in USDP.

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Enter the order details in the right column.


Step 5. Review the transaction details

Take a moment to go over the full details of the deal. In "investment states", the return on investment is the amount deducted from "unlimited property" to "estimated fees"

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The investor's final return is calculated as USDP.


Step 6. Withdraw funds from the account

If you click the "My Assist" tab at the top of the screen, it takes you to your wallet. Click the "With Application" button, copy the address of the wallet to be withdrawn, and enter it correctly. Bitcoin can then be withdrawn to that address.

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For withdrawal, exchange USDP to BTC and withdraw only with Bitcoin.


New and advanced traders can use phpTrader.

New traders can register with phpTrader and have robots start trading immediately. There is no need to set parameters, copy transactions, or develop transaction strategies. Instead, you can start phpTrader and forget about it.
Here are some configuration options for the phpTrader auto-trading robot:

● Select a strategy (or 'no strategy') and use manual or external signals
● revenue
● Low bidding rates and high bidding rates
● You can activate or disable stop-loss and follow-up stop-loss
● Follow-up loss ratio
● You can select the number for the follow-up loss.
● You can only use the follow-up Stop Loss. It can be activated or disabled.
● When new goals are the same, asset retention. Functions can be equally activated or deactivated.
● Automatic real-time work is done
● Shortening and prolonging the maximum opening time
● Optimal number of open positions
● The highest percentage of open positions for all cryptocurrency
● Purchase rate
● Minimum BTC per order
You can choose the settings you want based on profit expectations, risk exposure, and other measurements.

This guide showed you how to register with phptrader and how to offer a six-month 5% commission discount.

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