Coin Wizard FAQ
What is Coin Wizard?
Coin Wizard is an AI tool that connects to your crypto exchange via a secure API to generate passive income through automated trading.
How to use Coin Wizard?
To use Coin Wizard, follow these steps: 1. Generate an API key on Binance. 2. Link your Binance account to Coin Wizard using the API. 3. Choose your risk and return preferences. 4. Let Coin Wizard’s AI trade for you.
Connecting to Coin Wizard
Instructions for connecting to Coin Wizard are available on our website under the 'How to Connect' section.
Creating an API Key on Binance
To create an API key, log in to Binance, go to the API Management page, and generate a new key.
What assets does Coin Wizard trade?
Coin Wizard trades various cryptocurrencies, including Bitcoin and major altcoins.
Does Coin Wizard trade on the spot market?
Yes, Coin Wizard can trade on the spot market of supported exchanges.
What risk management does Coin Wizard use?
Coin Wizard employs strategies like stop-loss orders and portfolio diversification to minimize risks.
How frequently does Coin Wizard trade?
Trading frequency depends on market conditions and the AI’s strategy.
Withdrawing Profits
Profits can be withdrawn anytime from your exchange account, subject to exchange policies.
Reinvesting Profits
Coin Wizard offers automatic profit reinvestment for potential compound returns.
Withdrawing Capital
You can withdraw your capital anytime from your exchange account, subject to exchange policies.
Manual Trading on Binance Futures
Coin Wizard trades independently on your behalf; manual trading on the connected Binance futures account is not allowed.