FAQ

General
How many exchanges are/will be supported on TradingBull?

Currently, TradingBull has connected 5 major exchanges to the platform: Binance, Bitfinex, Kraken, Poloniex and Coinbase pro.

We are working hard to integrate more and more (A-rated) Exchanges in order to improve user’s experience. We may periodically ask through a community vote which exchange should be integrated next.

What are API keys and how to connect them to TradingBull?

API keys are an encrypted and secure protocol allowing you to get remote access of your favorite exchanges’ trading accounts.

Note that some exchanges may ask you to define authorizations (write and read) before delivering you API keys. If you choose to apply some restrictions, your experience on TradingBull might be limited.

You need to have registered an account on one or several of the main crypto exchanges supported by TradingBull first. Once it is the case, you can look for your API keys in your exchange’s user account or refer to our tutorials if you need help.

Can I connect my crypto wallets on TradingBull?

You would TradingBull is setting up nodes for most of the main blockchains.
Once the process will be completed, we will let users import their public keys (track: see balances, transaction history, receive funds) and in the future private keys (control: authorize transactions from the wallet) for most of the main cryptocurrencies.

You will be also able to generate (create) wallets for all your cryptocurrencies directly on TradingBull.

Are my keys safe on TradingBull?

Yes! We are blockchain-secured.

Security is our main priority. You alone can access your account and keys.

We secure the platform at three different levels:

Most of all, we leverage the use of our dedicated native blockchain to ensure an ultimate layer of protection around database access and permissions. This type of blockchain-grade security is hard to find anywhere else today.

Do I need to pass KYC to use TradingBull?
KYC is currently not required to trade on TradingBull.

However, you do need to have passed the KYC (ID identification) process on most main (centralized) exchanges such as Binance, Coinbase or Okex to be able to trade on these exchanges through TradingBull.

To do so, you will first need to open an account on these exchanges, pass the KYC process, obtain your API keys and connect them to TradingBull to start trading. You will find tutorials on where to get your API keys for supported exchanges when trying to add them on TradingBull.

We are looking towards a solution to harmonize the KYC process between exchanges and TradingBull (pass KYC only once, register on multiple exchanges), but it may take some time.

How to use instant buy/sell?

Instant Buy allows you to compare pricing from different liquidity providers available directly on TradingBull.

Either you want to buy Bitcoin or another cryptocurrency directly by credit card or quickly do an atomic swap, you will be able to identify the best rates and services available among all those available and based on your country of origin.

Once you have found a deal that is interesting for you, you can either buy/sell directly from TradingBull (may require you to pass KYC first) or obtain an external link to the provider and finish the process on their website.

Trading
What is Margin trade?

Margin trade (or trade on margin) is a specific type of trading that allows you to take leveraged positions (short or long) against underlying assets such as cryptocurrencies.

Each exchanges have their own specificities when it comes to margin trade, involving different leveraged positions options (from x2 to x150). Margin trade requires you to have a margin account (security deposit) on these exchanges and can generate fast profits but also important losses (up to account’s liquidation).

Margin trading is considered as relatively risky.

TradingBull does not encourage beginners to trade on margin and has consequently separated this section from the Spot trading to avoid confusion.

To learn more about margin trade, you can refer to our Academy.

What are derivatives?

Derivatives are specific option contracts passed between two parties. It often represents an underlying asset such as a cryptocurrency but without physically involving the asset (only its representation).

There are today two main types of derivatives available on the cryptocurrency market: Futures, and Swaps.

Derivatives trading is considered as extremely risky.

TradingBull does not encourage beginners to trade derivatives and has consequently separated this section from the Spot and Margin trading to avoid confusion.

To learn more about derivatives trading, you can refer to our Academy.

What are the different types of orders supported?

Different exchanges support different order types. TradingBull is making available the same orders types than the ones available on each of your favorite exchanges.

The main order types (on most exchanges) are:

Some exchanges may have additional specific order types such as Trail, Iceberg, TWAP, GTC, Fill or Kill, ICO, OCO or PO. You will also find these orders in the corresponding trading section corresponding at each exchange.

You can access detailed explanations about the different order types in our Academy..

Is TradingBull recording and using my personal data?

TradingBull does not collect details of your account or sensitive personal data (detail of transactions, balances details…) but may be using bulk data (global trading statistics) for its analytics of the platform in order to improve performances and global user experience.

Is TradingBull allowing social copy trading?

TradingBull is not favorable for the practice as it may reflects into pump and dump schemes (especially on immature markets such as crypto for low cap/valuations) favoring accounts with large followers’ base acting as entry signals for followers, often at their expense.

Several studies on the topic underlined that traders copying others have lower performances than those who do not, in average.

Therefore, TradingBull do not encourage or support the practice.

Can I trade with my friends/colleagues on TradingBull?
In the future, yes.

TradingBull is working on a co-trading space module (workspaces) allowing group of people who already know each other (Friends or professional traders) to create a trading group to easily share and build trading strategies.

Imagine your friend is a specialist of XRP and you are more knowledgeable about ETH. Then the both of you can create a group account on TradingBull to work together. Each of you will be focusing on their own domain of expertise and will be able to quickly notify the other if a buy or sell signal appear, so the both of you can benefit from each other specialty.

Data and Analytics
What is Market data?

Market data is what you can access daily on CoinMarketCap or Coingecko. It is the continuous feed of data regarding prices, orders and trading volumes from exchanges. TradingBull uses this data to do some simple or more complex analytics and provide indicators to users if they need them. Calculated metrics include:

Additionally, TradingBull applies Machine Learning algorithms to process the dataflow more efficiently and may develop and propose more indicators and metrics in the future.

To learn more about Market data, you can refer to our Academy.

What is Network data?

Network data is the data obtained directly from the different blockchains and providing information about the real usage of a blockchain. Note that transactions made on centralized exchanges such as Binance are not happening inside the blockchain itself (virtual accounts).

Data aggregators such as coinmarketcap are focusing on providing market data (price, volume) but as all these transactions are virtual, it does not represent the real activity of a blockchain.

TradingBull is running nodes of the main blockchains to gather and analyze data and provide it to users on a user-friendly manner for them to be able to take it into account when buying or selling cryptocurrencies. These datapoints include:

To learn more about Network data, you can refer to our Academy.

What is Sentiment data?

Sentiment data is the analytics of the data regarding human’s reactions to market fluctuations. In other world, it is data and metrics measuring the activity of human on the web regarding specific cryptocurrencies. Sentiment data includes:

Additionally, TradingBull applies Machine Learning algorithms to process the dataflow more efficiently and may develop and propose further indicators and metrics in the future.

To learn more about Sentiment data, you can refer to our Academy.

What is Research data?

Research data includes all the human-readable data around blockchain and cryptocurrencies, its aggregation and analytics. Research data includes:

Additionally, TradingBull applies Machine Learning algorithms to process the dataflow more efficiently and may develop and propose further indicators and metrics in the future.

To learn more about Research data, you can refer to our Academy.

Can I download historical data or any other data?
YES!

Data is made available for download on TradingBull in our datacenter section and in accessible format (xls, csv, json…). You do not need to be expert coder to access the cryptocurrency data anymore!

Note that TradingBull may be charging for downloading data with price varying from the type and volume of data, requested and the users’ download history (download more, pay less).

A transparent fees schedule will be made available soon.

Security and privacy
What will be the use for TradingBull dedicated Blockchain?

In addition to an ultimate security, TradingBull’s blockchain allows to:

You can access detailed explanations about blockchain and its related vocabulary in our Academy..

Is TradingBull recording and using my personal data?

TradingBull does not collect details of your account or sensitive personal data (detail of transactions, balances details…) but may be using bulk data (global trading statistics) for its analytics of the platform in order to improve performances and global user experience.