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

Unlike centralized crypto exchanges, where API is used for arbitrage bots, decentralized exchanges use WEB 3.0 directly through the user's wallet.
The DEFiBot must have access to the arbitration wallet and its balance, in order to make arbitrage transactions and earn profits.
Data from your wallet is stored encrypted and used by the DEFiBot to authorize on Decentralized Exchanges and to do arbitrage transactions on your behalf and with your permission
Therefore, it is best to create a separate wallet for arbitrage trading with DEFiBot.
This is currently the only option for automated trading on decentralized exchanges. Other options have not been invented yet. If there will be some options to connect DEFiBot more securely, we will definitely implement them.

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 and your arbitrage wallet is tied to your license.
If you want to switch to a new license you will have to pay the full cost of it and create a separate 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

No, you don't have to pay anything. Your license will be restored automatically, you may have to wait if all slots for the selected blockchain are taken.

If your bot is unused for 1 month, we freeze your license and free up an occupied slot for another client. To restore the license and return the slot, you will need to write to tech support and wait until the slot becomes free.

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.

We can't openly show statistics. Because we must not de-anonymize our clients' wallets.

FREE TRIAL version of the DEFiBot with all the functionality of the START license is available to you for 24 hours.
To activate your trial, click ACTIVATE button on this page and fill out the FREE TRIAL request form.
Don't forget to select the blockchain on which the bot will be running.  

The DEFiBot makes arbitrage transactions using only the main blockchain currency (ETH, BNB, SOL...) It does not use tokens that are already in your wallet. The DEFiBot only trades tokens that it bought itself.
The higher the balance, the more trades the DEFiBot makes. You can set limits for the bot, and it will use them when making arbitrage trades.

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.

Nowhere. The DEFiBot does not need to be downloaded and installed on your computer or phone. This is not an app in its usual form. The DEFiBot is a cloud solution that works directly with smart contracts via WEB 3.0

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 20 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. 

On the profile settings page you must specify your Telegram in the format @mytelegram.  After that you need to activate our telegram notification bot and send it your login on the site. (email)
If the data match, the bot will be activated automatically. Messaging to the bot will come after you launch the DEFiBot. Check notification settings on your profile settings page.  

Of course, this is a blockchain and it displays all the transactions made by our bot. But the thing is that the DEFiBot makes transactions using the client's wallet.
And clients don't want us to publish their wallets in the public view.
The second point. By analyzing transactions made by DEFiBot, you can partially reveal some details of arbitrage trading on decentralized exchanges and understand some algorithms. We believe that this is private information, this is our know-how. And we don't want to make it public.

After purchasing a license, you will be given access to a private Telegram chat room for clients. Where we and our clients share their experiences and ideas. A very friendly and extremely professional community.

DEFiBot does not touch any tokens in your wallet. It does not see them.
You choose the main asset for arbitrage trading, the maximum arbitrage capital and the strategy yourself. This is what it works with.
At the end of each arbitrage cycle, it exchanges all of the tokens that it acquired on its own to the major asset that you selected in the settings.

© 2021 - 2022 DEFiBot
The one & only fully automatic arbitrage bot that trades
on DEFi / DEXes