A trading bot is a computer programme that uses specific rules to manage trades without any human intervention. Since it is based on rules and logic, trades are executed automatically once certain criteria are met. It is faster than human traders and takes the emotion out of trading.
You can use a bot in three simple steps: Tell us your risk appetite Choose from a number of bots Fund the bot and start earning
This service is for traders of all levels, from absolute beginners to advanced traders. The bots require no maintenance from the users and thus are suitable for novice traders as well.
No, Qume doesn’t take a percentage of the profits it generates for its users. We only charge for the usage of the bots.
Yes, there is no limit to the number of bots you can use. Users can invest in multiple bots at the same time.
You are investing in the volatility of crypto and not crypto itself. The contracts are represented in USD so technically your exposure is limited to USD itself.
No, users don’t need to install anything on their computers. The bots run on our servers and the service is completely online. There is no need to configure or maintain any trading systems. We do that for you.
Users can cancel the subscription to the bots anytime they wish, however, a refund for the remaining time period will not be considered. Users are advised that untimely withdrawals of funds from the bots may result in huge losses.
While using the bots, your principle is at risk and your investment is not principle protected. It means that you are not guaranteed to get back the initial amount that you used to fund the bot.
Yes, we use industry-leading security systems to prevent unauthorized access to our systems and your funds. Our bots are battle-tested against popular breach vectors and our security team regularly audits our system to keep malicious actors away. While we do our best to keep you safe, we urge users to take steps to protect their private info. Users should: Create strong passwords that they don’t use anywhere else. Keep login and account information private. Keep contact information up to date. Notify us promptly of any suspicious activity.
Taxes vary by jurisdiction. For any financial, tax, or legal matters, we recommend users consult professionals. While we cannot provide you with specific tax guidance, users should be aware that profits made from the bots may fall under taxable transactions.