Question 1

What is unCoded Trading Bot?

Accepted Answer

unCoded is a fully automated spot trading bot for Binance, Bybit and 14 more deep-audited exchanges, built to run thousands of small micro-trades per day. It buys in tiny steps when prices move down and sells small portions on short-term spikes. Your funds always stay on your own exchange account, and you pay a performance fee on realised profits only – no subscriptions, no custody.

Question 2

Who is unCoded for – and who is it not for?

Accepted Answer

unCoded is designed for people who already hold or want to accumulate crypto, have at least a few thousand dollars in trading capital, and prefer a calm, rules-based approach instead of emotional manual trading. It is not for people looking for quick 100x bets, levered gambling or “get rich in 30 days” promises. The bot is a tool for long-term, systematic trading, not a magic money machine.

Question 3

How do I get started?

Accepted Answer

1. Open or use your existing Binance account. 2. Set up a small server (or VPS) and install unCoded (guide + Docker setup available). 3. Create Binance API keys with trade-only permissions and connect them to the bot. 4. Choose your trading pair and risk settings. 5. Start the bot and monitor everything in real time.

Question 4

Can I test it before committing?

Accepted Answer

Yes. Every new user receives a $25 test license. This credit is used to cover our performance fee on profits – you still trade with your own capital on Binance, but you don’t pay us anything until that free license credit is used up. It’s an easy way to see live trades and real results before committing more.

Question 5

How much capital should I start with?

Accepted Answer

Technically you can start with a few hundred dollars, but the bot makes small profits per trade. To really feel the effect and give the strategy enough room, we recommend a starting capital of around $5,000 or more on Binance. As always: only use money you can afford to keep in crypto for the long term.

Question 6

Is my money safe?

Accepted Answer

From a custody perspective: yes. unCoded is non-custodial – your funds stay on your own Binance spot account. The bot connects via API keys that are restricted to trading only, with no withdrawal rights. This means unCoded cannot move or withdraw your funds. Market risk, however, always remains – crypto prices can go up and down.

Question 7

Can the bot withdraw or steal my funds?

Accepted Answer

No. If you follow our setup guide, your Binance API keys are configured so they can place and cancel spot orders only. No withdrawals, no changing security settings, no access to your login. Even if someone got hold of your bot server, they could not use unCoded to withdraw funds from Binance.

Question 8

Where are my API keys stored?

Accepted Answer

On your own server only. Most automated trading bots are cloud-based and store your API keys on their servers. unCoded is self-hosted, so your API keys and trading strategies never leave your own infrastructure and are never shared with ArrowTrade AG. The few genuinely self-hosted alternatives are open-source DIY tools that require coding. unCoded is the only managed, no-code, non-custodial bot where your keys stay on your own server.

Question 9

What happens if my server or the bot goes down?

Accepted Answer

Your funds stay on Binance and your existing orders remain there. In the worst case the bot simply stops placing new orders until you restart it. There is no liquidation risk, because unCoded trades spot only, without leverage. You can always log in to Binance and manage open positions manually at any time.

Question 10

Can I stop or change the bot any time?

Accepted Answer

Yes. You stay in full control. You can pause the bot, adjust parameters (pair, limits, amounts), or shut it down completely at any time. There are no lock-ups, no contract periods.

Question 11

Does the bot use leverage or margin?

Accepted Answer

No. unCoded trades spot only. There is no leverage, no margin, no liquidation price. Your risk is limited to the price movements of the coins you trade.

Question 12

Can you guarantee profits?

Accepted Answer

No – and anyone who claims that in crypto should be a red flag. unCoded is built to systematically exploit small price movements and reduce emotional trading, but it cannot remove market risk or guarantee a specific return. Some users see very good results, others more moderate – it depends on market conditions, traded coin and your settings.

Question 13

What kind of results do users typically see?

Accepted Answer

Results vary widely. In strong, volatile markets the bot can generate frequent small profits. In quiet or strongly bearish markets, it may mainly accumulate coins and take fewer profits. We recommend judging performance over several weeks or months, not day by day. Past performance is not a guarantee for the future.

Question 14

What happens if the market crashes?

Accepted Answer

The bot keeps running according to your settings and continues to open and close trades. It does not magically protect you from heavy drawdowns – if your chosen coin drops sharply, the value of your holdings will also drop. The difference to many leveraged systems: unCoded trades spot only → no liquidations, and the bot tends to wait for recovery instead of panic-selling at a loss. You can always decide to reduce exposure or stop the bot if you no longer want to hold that asset.

Question 15

How does the bot handle losing trades?

Accepted Answer

unCoded is built to avoid realising losses whenever possible. If a buy order goes into the red, the bot will typically hold that position and continue to trade around it, closing trades in profit when price comes back into favourable zones. You can always manually close positions at a loss if you decide to exit a coin, but the bot itself does not use a hard stop-loss by default.

Question 16

What strategy does unCoded use?

Accepted Answer

unCoded uses a rules-based micro-trading strategy: It places many small limit orders around the current price, buys in tiny slices when price dips, and sells small chunks when price bounces. Over time, this aims to generate many small realised profits, while growing your total coin holdings. It is closer to an intelligent grid / scalping approach than to classic DCA or swing trading.

Question 17

Is this a DCA bot or grid bot?

Accepted Answer

Not in the classic sense. unCoded does not simply average down one big position like traditional DCA bots. Instead, it opens and closes many independent micro-positions, each with its own entry and take-profit. The effect is similar to a very fine-grained grid, but with risk-control logic on top.

Question 18

Does unCoded use AI or machine learning?

Accepted Answer

No. There is no black-box AI making random decisions. unCoded follows a transparent, rule-based algorithm that our team can fully explain, test and monitor. For you, that means: predictable behaviour instead of “trust the AI”.

Question 19

How many trades does the bot execute per day?

Accepted Answer

It depends on volatility and your settings. In active markets, users often see hundreds to thousands of trades per day. In calmer markets, the bot trades less frequently, waiting for good opportunities instead of forcing trades.

Question 20

Can I choose which coin I trade?

Accepted Answer

Yes. You pick the trading pair. Most users focus on coins they already believe in long term (e.g. BTC/USDT, ETH/USDT, BNB/USDT or selected altcoins). The bot then works around that pair only – it does not auto-diversify into random assets.

Question 21

How do fees work?

Accepted Answer

unCoded uses a performance fee model: You pay a percentage of your realised trading profits (no profit = no fee). This fee is deducted from your license balance, not from your Binance account. There are no monthly subscriptions and no setup fees. The current performance fee rate is shown in your account and documentation.

Question 22

Are there any hidden fees?

Accepted Answer

No. You pay the performance fee on realised profits. You pay the standard Binance trading fees for each trade (these go to Binance, not to us). That’s it. No upsells, no premium plan traps.

Question 23

What exactly is the $25 test license?

Accepted Answer

The $25 test license is license credit, not trading capital. It is used to pay our performance fee on your profits. As long as that credit lasts, you effectively use unCoded without paying us out of pocket. You still need to fund your own Binance account with the capital you want to trade.

Question 24

What happens when my license balance is zero?

Accepted Answer

When your license balance reaches zero, unCoded stops opening new trades. Existing positions and sell orders can still be closed, but the bot will not start new cycles until you top up your license. Your funds on Binance are never touched by this – only our fee mechanism pauses.

Question 25

Which exchanges are supported?

Accepted Answer

unCoded supports Binance, Bybit and 14 more deep-audited exchanges for spot trading, 16 in total. Binance is our primary, fully-tested integration. We focus on deep integration to keep the system stable, fast and secure.

Question 26

What hardware do I need?

Accepted Answer

The bot is lightweight. A small VPS or mini-server is enough – for example: 1–2 vCPU, 1–2 GB RAM, a few GB of disk, stable internet connection. Many users run unCoded on a cheap cloud VPS or a small home server. The important part is that it can run 24/7.

Question 27

Which operating systems are supported?

Accepted Answer

unCoded runs best on Linux (e.g. Ubuntu Server). We provide a Docker setup, so you can also run it on macOS or Windows using Docker. Most users choose a small Linux VPS for simplicity and reliability.

Question 28

Can I run multiple instances?

Accepted Answer

Yes. You can run multiple bot instances in parallel – for example, one for BTC/USDT and another for ETH/USDT. Make sure each instance has its own configuration and that your total capital on Binance comfortably covers all open positions. All instances can share the same license balance on the same account.

Question 29

Are updates automatic?

Accepted Answer

No, updates are not forced automatically. When we release a new version, we announce it in our channels and documentation. You can then update your installation (or Docker image) when it suits you. That way, you always stay in control and can update on your own schedule.

Question 30

Can I backtest the strategy?

Accepted Answer

There is currently no built-in backtesting. Instead, we encourage new users to start with conservative settings, smaller position sizes and the free test license, and let the bot run live for a while. This gives you a realistic feel for performance under real market conditions.

Question 31

What kind of support do you offer?

Accepted Answer

You can get help via: our Telegram community, where users and team members are active, direct contact with the unCoded team for setup and troubleshooting, and detailed documentation at uncoded.ch/docs. We genuinely want your bot to run smoothly – because we only earn when you do.

Question 32

Is there a community I can talk to?

Accepted Answer

Yes. We have an active Telegram group where users share results, ask questions and exchange tips. It’s a good place to see how others use unCoded in practice and to learn from real experiences.

Crypto Trading Bot FAQ

Getting Started

Safety, Custody & Control

Performance, Risk & Market Behaviour

Strategy & Trading Logic

Pricing, Fees & License

Technical Setup & Support

Still have questions?