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What is FUMGO? FUMGO is a trading outlet that offers a wide range of functions for cryptocurrency trading on main exchanges. It provides users with fast algorithmic trading functions, which enable them to build their own effective trading strategy easily.
The platform includes traditional trading functions such as market, limit, and conditional orders. Additionally, users can effectively manage their digital assets with Stop Loss, Take Profit, Trailing Buy, and Trailing Sell functions. Importantly, the platform comes with a user-friendly interface that is easy to use with any skills level.
Crypto trading made easier
FUMGO was designed to make cryptocurrency trading easier and to reduce the risks associated with it. On the platformâs official channels Telegram and Twitter, their analysts provide users with technical and fundamental analysis to facilitate their money making process. However, the responsibility for trading decisions lies solely with the trader.
To get started on the platform, you need to create a trading account on FUMGO. You also need to connect your account on exchanges via the platformâs API keys. The details on how to create an API-key are available here: https://fumgo.com/help-center/how-to/how-to-create-api-keys. Remember to TURN OFF withdrawal when creating the API-key.
Getting started
To start trading on the terminal, your account should be up and running. To get profit, you need to have some funds on your wallet. Currently, FUMGO supports trading on Binance, HitBTC, and Bittrex. The platform plans to include other major exchanges soon.
Connecting your account to FUMGO
- Click on the user icon in the upper right corner and switch to âUser Profileâ
- In the main block âAccounts,â click on the blue button âAdd accountâ
Step 3: Specify the following
- Select an exchange you want to add
- Enter the public API key generated on the exchange
- Enter the private API key generated on the exchange
- Enter the name of the account
You have to generate API-keys on trading exchanges. The platform will guide you on how to do it quickly and easily on Binance, Bittrex, and HitBTC. FUMGO uses API-keys to collect information and trade places. Using APIs enables traders to manage their accounts on different exchanges from one placeâFUMGO trading platform. Traders are able to revoke access at any time.
Step 4: make sure you fill all fields correctly and click on the button âAdd accountâ
Creating an account on Binance
Step 1: Log into your account
Step 2: Enable API-keys by clicking the yellow button in the main block âAPI.â The platform recommends that you use a two-factor authentication (2FA) on your account
Step 3: Enter API key label and press the yellow button âCreate new key.â
Step 4: Enter SMS or 2FA code and confirm your e-mail
Step 5: Your Binance trading API is now created and is ready to be added to on FUMGO, just a bit of turning left and ticking âRead Infoâ and âEnable Trading.â Donât tick âEnable Withdrawal!â
Once you create the key, the platform will display it just once. Therefore, remember to copy your public API key and private API key and keep them in a secure place. If necessary, you can delete the key via âDeleteâ button. Your Binance trading API-keys are now created and ready to be added on FUMGO
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.