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Go-live checklist ​

Tick every line before your first live order. Each line links to the step in Going live.

WARNING

Live trading can lose money. Start with small orders.

On paper first ​

  • [ ] The bot has traded on paper for at least a few days, and you understand what it does (Getting started).
  • [ ] You know what each setting does (shot settings), and you know that paper results are a best case.
  • [ ] You chose where the bot runs: your PC, or a server for real money (Which path to choose).

Binance ​

  • [ ] Futures is opened on your Binance account.
  • [ ] Money is in the right wallet: USDT in USDⓈ-M Futures for USDT perpetuals, or the coin itself in COIN-M Futures for coin-margined perpetuals (Before you start).
  • [ ] You made an API key for the bot (Your Binance API key):
    • [ ] Enable Futures is on.
    • [ ] Enable Withdrawals is off, and every other trading or transfer permission is off.
    • [ ] The key is locked to the IP of the machine that runs the bot.
  • [ ] You do not trade by hand on the bot's coins with this account (Two rules).

In the Lab ​

  • [ ] Settings → Exchange: keys saved, then Test connection shows every line green: Connected, Trading allowed, Futures on, Withdrawals off, Locked to IP, and a balance that is not 0.
  • [ ] The Leverage line shows the leverage you expect on each symbol.
  • [ ] Settings → Strategies: Emulator (paper) is unticked and you pressed Save. The line under the switch says "Ready for live. Live trading can lose money."
  • [ ] You pressed Restart 1 strategy at the bottom of the strategy list. Without it the strategy stays on paper.
  • [ ] The chart shows Live, and the first live orders appear on Binance under Open Orders.

If the bot runs on your PC ​

  • [ ] Sleep is off while the bot trades (A5).
  • [ ] You know to Stop the bot before you restart or shut down the PC, and to start it again after.

If the bot runs on a server ​

  • [ ] The server is in Tokyo, with automatic payment on at the provider (B1).
  • [ ] One shot bot on this server, no more.
  • [ ] You know how to stop and start it from the server's console (Stopping and starting a server bot). The Lab cannot stop a server bot.

Safety net ​

Your plan ​

  • [ ] Free plan: only BTC, ETH, XRP, SOL and BNB perpetuals trade live, and orders are cut to $20 (or the Binance minimum). Other coins show "… is not in the Free plan".
  • [ ] Paid plan: you set a reminder before it ends. It does not renew by itself (Paying for your plan).