I am happy to announce the open public pre-release of Modobot.com, a simple web-based trading bot for Bitcoins. I designed the bot for me, namely someone that does not have sophisticated trading know-how, but would still like to participate in automated trading. Modobot uses a simple buy-low, sell-high strategy that is easy to understand. The bot can be configured to create automatic transactions based on margin, or can be configured to make one-off limit orders.
Sign-ups are free. Live accounts will be accepted on a rolling basis. Trading on live accounts will be limited to 1BTC per transaction. Membership will require a valid email for account recovery and validation. The support forum will require an email validation also. I apologize. If I do otherwise I am at the mercy of spammers.
Features:
- Sandbox mode for testing trading strategy and bot functionality.
- Calculator to check spreads.
- Record of starting balances in USD and BTC.
- Rolling status log.
- Bot transaction history.
How it works:
- A valid Bitstamp account is required.
- With a valid account, create an API key, and configure your account to allow Modobot to initiate transactions.
- Upload API key and credentials to Modobot.com.
- Configure bot for live trading.
- A background process periodically grabs data from Bitstamp and processes each of the bots.
Security:
- Modobot does not store member passwords.
- Bitstamp Api credentials are hashed on disk.
- Api access can be controlled by IP address, so only the Modobot server can access the account.
- No data on the Modobot site can be used to leverage unlimited access to your Bitstamp account.
Privacy
- Modobot does not store any personally identifiable information. There is some logging in place for security purposes.
- Emails addresses are stored for account recovery purposes, and for any site related announcements.
| Modobot.Com || Modobot.Com Support |
