Quick Start: How to create your Strategy
Covesting Strategy Management allows you to create and manage a Strategy.
- 1.Select the Currency in which the Strategy will be denominated, Strategy Name and Description
- 2.Share your social media links with your followers
- 3.Choose your starting capital Amount
- 4.Click 'Create Strategy'
When adding your social media to your Strategy, no additional symbols such as "@' are required. For example, if your telegram handle is @ExampleTelegramName simply enter ExampleTelegramName into your Strategy's telegram social media field without any additional symbols
When clicking 'Create Strategy', a Strategy creation confirmation prompt will pop up. Click 'Confirm' to proceed with Strategy creation (or 'Cancel' if you wish to cancel Strategy creation).
5. Once you are ready to trade with your Strategy, simply click the 'Trade' button'
Each separate currency can be used only in Margin trading accounts, Strategies and Followings denominated in the SAME currency. For example, BTC can be used in Strategies denominated only in BTC, while ETH can be used in Strategies denominated only in ETH. If you wish to start a Strategy in a particular currency, make sure to deposit the same currency. Alternatively, using our in-wallet Currency Exchange feature allows you to exchange BTC, ETH, USDT and USDC amongst each other, directly between your PrimeXBT account Wallets.
1️⃣ To create a Strategy, navigate to the 'Copy-trading' section of the application interface, and select 'My Strategies' tab:
2️⃣ Click on the
button to create a new Strategy:
3️⃣ Select the Currency in which the Strategy will be denominated;
4️⃣ Select a Name for your Strategy;
5️⃣ Provide a Description of your Strategy;
6️⃣ Choose your starting capital Amount;
Additionally, you can click the
button to review a detailed guide about Strategy creation and its options.
Adding your Social Networks Links to your Strategy is optional. When adding your social media, no additional symbols such as "@' are required. For example, if your telegram handle is @ExampleTelegramName simply enter ExampleTelegramName into your Strategy's telegram social media field without any additional symbols.
7️⃣ Click the blue 'Next' button to proceed with Strategy creation. A confirmation prompt will pop up:
8️⃣ Click the blue 'Create new Strategy' button to confirm Strategy creation.
You will be redirected to the 'My Strategies' tab, where your newly created Strategy will be reflected:
As soon as your newly created Strategy will be activated and ready to manage, you will receive a confirmation prompt.