Auto Buy

Auto Buy 

General Concept: When trading, it is sometimes in your interest to keep a steady balance of some specific asset on your wallet. That may be a requirement of your trading strategy or might be related to transaction fees. In this specific example, we will be exploring the use of the Auto Buy feature to ensure that a steady amount of BNB is always available on our wallet to cover for trading fees. Note that Binance reduces commissions in half if you are using BNB to pay for commission (IMPORTANT: the use of BNB for commission fees should be enabled in your Binance account on their webpage, not in MoonTrade!).

The Auto buy feature is accessed through the Settings menu in the Core Profile sub-section. 

Parameters:

Auto Buy Asset — sets the asset that will automatically be bought (bnb in our specific example )

Amount — determines how much of the Auto Buy Asset will be bought if the specified minimum amount is not found after a certain Delay

Delay — sets a time frame that the system will wait before checking again if the Minimum amount is present in the wallet.

Spot On — enables or disables the use of the Spot wallet for buying and keeping the Auto Buy Asset set above

Spot Wallet min — sets the minimum amount of the Auto buy asset that should be present on the Spot wallet. If after the specified delay, the system checks the wallet and does not find the specified minimum amount, it will automatically buy the Amount that was set in the corresponding field.

Spot Asset — specifies which asset available on the Spot balance will be used to purchase the set Amount of Auto buy asset. Multiple assets can be provided separated by a comma (e.g: usdt, busd, btc)

Futures On — enables or disables the use of the Futures wallet for buying and keeping the Auto Buy Asset set above

Futures Walet min — sets the minimum amount of the Auto buy asset that should be present on the Futures walet. If after the specified delay, the system checks the wallet and does not find the specified minimum amount, it will automatically buy the Amount that was set in the corresponding field. The system will automatically transfer the specified Futures Asset that will be used to purchase the Auto buy asset to the spot walet, purchase the required amount of said asset than transfer it back to the futures walet

Futures Asset — specifies which asset available on the Futures balance will be used to purchase the set Amount of Auto buy asset. Multiple assets can be provided separated by a comma (e.g: usdt, busd, etc)

* Note: changes will come into effect after the core is restarted.