FAQ

The DEFiBot uses a neural network to find arbitrage trading pairs on decentralized exchanges(DEXes). It automatically buys and sells them, profiting from price differences of the same tokens on different decentralized exchanges or from price differences in liquidity pools for the same token to various cryptocurrencies

Profit depends on the chosen blockchain and the availability of liquidity on the decentralized exchanges of that blockchain, the bot settings, the chosen capital strategy, and your arbitrage capital. (the more it is, the more arbitrage trades the DEFiBot will be able to make and the more profit will be)
On average, a guaranteed profit of about 3-5% per day with sufficient arbitrage capital. 

At the moment, the DEFiBot makes arbitrage transactions within a single blockchain. We are developing cross-chain versions, but we cannot yet give a timeline for implementation.

A multi-license ( PRO, MAX ) allows you to use the DEFiBot on additional blockchains. They are connected on demand. You don't have to pay a separate license for them. But you need to understand that each blockchain needs its own minimum arbitrage capital in the main blockchain currency. (ETH for ETHEREUM, BNB for BSC, MATIC for Polygon and so on)

You need start-up capital to make arbitrage trades. The DEFiBot automatically finds, buys and sells arbitrage pairs. The higher the start-up capital, the more arbitrage trades the DEFiBot can open at the same time, and the higher the final profit. Without a minimum balance the DEFiBot simply cannot start working. 
The cost of the license is paid separately. This is the amount of reward for the DEFiBot 's team, and the fee for activation of DEFiBot.

We do not provide for license upgrades. The Defibot uses customized algorithms for each type of license.
If you want to switch to a new license you will have to pay the full cost of it and create a separate user account and wallet for the new license. 

There are no restrictions on the withdrawal of money. You retain full access and control over your wallet. And you can withdraw funds from it at any time.
But it's better to wait until the arbitrage cycle is over, when the Defibot exchanges all tokens for the main asset. You can set the duration of the arbitrage cycle in the settings of the Defibot.

We have a private chat room for our clients. Where we exchange experiences. But it is available only to our clients who have bought a license. Arbitrage trading is the choice of professional traders and investors, and we believe that it is not in their wishes to communicate with newbies and answer their questions. For this purpose there is a technical support service

Yes, that's right.  The license is a one-time fee per year.  There are no hidden fees. Everything is out in the open. You only pay the DEFiBot's fee of the profits you make.

Trial version with full functionality of Start license is available to every user for 12 hours. But with one limitation, the profit from the bot can be withdrawn only after paying for the license.

The Defibot makes arbitrage trades using only the major blockchain currency (ETH, BNB, AVAX, MATIC). But it can use a number of tokens specified separately for each blockchain. (USDT, USDC, DAI, WETH, WBNB) after they are automatically converted to the blockchain's main asset.
Tokens not on the list that are already in your wallet Defibot ignores.
The Defibot trades only those tokens that it has bought itself.

Algorithmic arbitrage trading has almost no risks. There are small global risks, such as the hacking of decentralized exchanges or a sharp crash (scam) of some tokens. But because the DEFiBot does not trade on the all-in principle, but splits capital into parts to reduce risks and open more arbitrage deals, there is no danger.

No, you do not need to create any accounts. Authorization on decentralized exchanges goes through the WEB 3.0 protocol via a wallet. The DEFiBot automatically connects to decentralized exchanges and makes transactions directly through smart contracts of decentralized exchanges.

We share the philosophy of crypto-evangelicals and believe that decentralization gives freedom from dictates and violence from the governments. We support the complete anonymity of our clients and do not require any KYC procedures.

Yes, you can. 
In addition to bitcoin, you can pay for a license of one of more than 10 cryptocurrencies

We are an international team. Our main headquarters is in Finland.
Part of the team from India, Portugal, Singapore work remotely.

As for our plans. We continue to improve our main product DEFiBot.
We are not going to launch our own token or NFT or any other fancy stuff.
It's very likely that our DEFiBot product will go private and stop being public. These demands are coming from our big customers and we're looking into it right now.
We guarantee that those who have already purchased a license will be able to use our product even after we close it to new customers.

Fee is automatically calculated from the profit made and paid at the end of each arbitrage cycle from your arbitrage wallet.

Refunds for licenses are available within 7 days after purchase. You can deactivate the license and request a refund on this page. In the User Settings, select the option to freeze the license and request a refund.
Refunds take from 3 days to 10 days. And you can be asked for additional documents. 

In the settings of the security page you need to specify your Telegram in the format @mytelegram. After that you need to activate our Telegram notification bot (https://t.me/defibot_notificationbot) and send it your User id.
If the data matches, the bot will be activated automatically. Messages will be sent to the notification bot after Defibot is launched.