The Bodaciously Excellent Blog of Doctorwhen

How to Setup a ProfitTrailer Cryptocurrency Trading Bot

ProfitTrailer is a smart cryptocurrency trading bot. It gives you the ability to automatically trade using different exchanges in a fast, stable and simple way 24 hours a day, 7 days in a week, 365 days a year. ProfitTrailer is not free – various plans can be purchased from a monthly subscription to a lifetime license in both basic and pro versions as well as a preconfigured virtual private server. See https://profittrailer.com/product/profittrailer/ for pricing details. I purchased the lifetime Pro license which gives me access to a greater level of Support and add-ons like PT Tracker and PT Notifications.

Setup is not easy. You need to create a cryptocurrency exchange account, fund it, create API keys for the account, purchase a ProfitTrailer license, create a Discord account, register your default API key on Discord, validate your license on Discord, install Java and ProfitTrailer and optional dependencies like node.js and pm2. Finally you need to select a trade strategy and configure it with your license, api keys, exchange and other parameters. You can then begin trading.

In addition to the basic setup you can augment your PT installation with add-ons like PT Tracker and PT Notifications that help you observe and manage the behavior of your trading bot. I chose to also run my bot on a secure domain so I needed to register that domain and secure it with an SSL certificate. This way I can securely access and manage my bot remotely.

This post intends to provide a step-by-step procedure for the basic setup of a ProfitTrailer trading bot as well as the optional but desirable setup of a secure management connection and add-on configuration. I will also go through the details of setting up and using their Support and community chat interfaces on Discord. It may seem overwhelming at first but a well configured bot can produce a healthy profit over time so it’s worth it if you can get it all working smoothly. My bot is outperforming my mining rigs in terms of increasing my cryptocurrency holdings and the bot consumes hardly any energy compared to the electricity even a small mining operation consumes. So let’s get started.

Creating an Exchange Account

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