SavyBot is an intelligent automated trading algorithm for cryptocurrencies that operates on your exchange connected via API. You set the coin, trade volume, and mode; the algorithm manages openings/closings based on market conditions. Funds always remain on your exchange.

No. The goal is to simplify operational decisions. However, crypto trading involves risks and requires awareness of your risk profile.

No. Operations are long-only and without leverage.

It depends on the chosen mode. In "Prudent" and "Billionaire" you can define a Take Profit target; Stop Loss is not fixed because the algorithm may close a position at a loss if necessary for risk management (hedging).

There is no fixed timeframe. Decisions are guided by the model and market conditions.

No, generally, but it is not recommended. First, you must ensure that the other trading bot is not mistakenly selling coins purchased by SavyBot or consuming too many USDC needed for SavyBot to function. Moreover, the total Wallet value would be influenced by the other trading bot or manual operations. In addition, there are some limitations on exchange API call rates, so using more than one trading bot on the same exchange account could negatively impact functionality. It is recommended to use separate sub-accounts for separate bots.

The recommended wallet starts at least from 1,000 USDC; ideally 2,000 USDC or more. Lower amounts are possible but may penalize performance.

No, but you can try SavyBot free for one month before purchasing the annual subscription.

No. You do not deposit money on SavyBot. You simply connect your exchange account via API; SavyBot sends orders but does not handle deposits/withdrawals.

Paper trading is not available. A free 30-day trial is provided before the annual subscription.

You can evaluate SavyBot’s performance free for one month. Then an annual subscription is required. Please refer to the pricing section.

The widget at the top of the main dashboard contains some useful performance statistics of the engine:

• Wallet: the current wallet value in USDC with the percentage of net profit generated by the engine. Please note that the wallet value may also be influenced by manual operations performed by the user on the exchange and by other bots operating on the same account.
• Trading profit: the total profit generated from closed positions. Exchange trading fees (Binance, Kraken, etc.) are already taken into account.
• Positions: the value of open positions in USDC and their percentage of virtual profit/loss.
• Net profit: the net profit generated by SavyBot calculated as the difference between trading profit and the virtual profit/loss determined by open positions.
• Profit orders: the total number of closed positions, specifically the number of positions closed with profit compared to those closed at a loss. SavyBot usually closes positions with profit, but it may occasionally close a position at a loss to get rid of weaker ones.
• Fee mode: this is the exchange fee mode. For example, on Binance it is recommended to set the option to pay trading fees with BNB to have lower fees. See the related document.

You can evaluate the engine’s performance by looking at the main widget statistics in the dashboard, particularly trading results and net profit.

The Coin Stats page summarizes some statistics of trades and profits generated on a specific coin, as well as statistics on the percentage of positions closed on the same day, week, or month.

SavyBot has a very small number of parameters to keep the setup process simple. The only parameters to set are the coins to trade, the trading volume for each operation, and the trading mode. The trading mode represents SavyBot’s level of aggressiveness when trading in the market.

SavyBot has three trading modes called "Prudent", "Billionaire", and "Smart". Regardless of the trading mode, SavyBot decides when to buy a cryptocurrency and when to sell it. The difference between the trading modes is the level of market greed and whether or not you can set a trading volume. Here are the key points of the three trading modes:

• Prudent: low-risk trading mode with the ability to set an initial trading volume for orders placed by SavyBot, a take profit percentage, and the maximum number of open positions for a specific trading pair.
• Billionaire: high-risk trading mode with the ability to set an initial trading volume for orders placed by SavyBot, a take profit percentage, and the maximum number of open positions for a specific trading pair.
• Smart: balanced and dynamic risk trading mode with automatic trading volume selection by the algorithm.

The recommended number of coins and trading volume per operation depends on the size of the initial portfolio and the trading mode (Prudent, Billionaire, Smart).

Below is a table with some recommended combinations based on trading mode and considering a simulated wallet of 1000 USDC. For larger portfolio sizes, these values can be increased proportionally.

WARNING! Please note that choosing a higher number of coins or larger trading volumes than shown in this table may increase the risk of high drawdown and poor performance in case of a bear market.

SavyBot does not handle any type of tax declaration or similar reporting since the Bot does not perform money transfers or payments.

For all tax information and reports, you must always refer to the Exchange to which the Algorithm is connected.

For example, on Binance Exchange there are dedicated sections to download the history of Trading, Swap, and Staking transactions that you will need for your tax forms.