Frequently Asked Questions
About Your Digital Wallet
Most frequent questions and answers
No, Yanda provides everything you need on your browser so you wouldn’t have to have a whole I.T. department to run your trading! Just login, deposit, and you can create and launch your trading bots strategies in the PATS page!
No, updates to the software are FREE! Because Yanda is on the cloud, when we make an update or add new features, they automatically show up in your account!
We keep your trading data to let them run 24/7 flawlessly, your exchange providers own your full set of personal data. The Yanda Digital Wallet services are provided thanks to our partner Binance.
Yes, security is one of our priorities. With the 2 Factors Authenticator (2FA) and the Know your customer (KYC) security features your investments will never be safer.
Yanda Digital Wallet will charge 1% on each withdraws and up to 0.4% for each transaction.
You can simply click on “Buy Crypto”, select a currency and an amount, and pay using your credit or debit card, with the security of P2P payment.
Transactions with cryptos are really fast compared to ordinary Bank transactions, however, sometimes it may take a bit longer than normal to see your balance update.
With a basic account, you can deposit and withdraw a maximum of $100. If you want to deposit more you have to complete the Know Your Customer (KYC) form, to confirm your identity and give you more security for your wallet.
There are NO long term contracts or commitments. You can use Yanda month to month, and cancel at any time you’d like! – You can choose to add Yanda Credit to your account to pay automation fees on a ‘No Profit, No Fee basis’. Once credit runs out you can top-up again to continue launching new crypto bots.
Yanda gives the opportunity to use automated trading for free with your Yanda digital wallet, providing video tutorials to guide you to your first Bot.
All the cryptocurrency transactions are made with a blockchain network, and due to the anonymous nature of it, if you have typed the wrong address, we will not be able to locate the proper receiver of your funds.
With Yanda Digital Wallet you can use the Auto-trading only within the Yanda markets. If you want to use it on other Exchanges check our Yanda Multi-Exchange platform on this link: https://yanda.io/
Yes, we do have an affiliate program. You will earn 10% of all spend from a referral that you bring to Yanda. 10% lifetime earnings!
Grab your affiliate link and start earning cryptocurrency from your referrals.
API stands for Application programming interfaces, you need API keys when you want to create a link between your account with exchanges and other software.
Once you put your API keys into Yanda, you will be able to automate your trading sessions across multiple crypto exchanges without the need to move your crypto funds outside of the exchange!
What is two-factor authentication’ or ‘what is 2FA.
2FA is an extra security layer that we use to make sure that the people trying to gain access are actually who they say they are.
When you use 2FA, potential compromise of your account are minimised. As a ‘hacker’ with only one of these factors won’t be able to unlock the account. So, even if your password is stolen or your phone is lost, having your second-factor in place is highly recommended.
A Trading Bot is a coded algorithm that trades financial markets automatically on pre-given instructions.
With Yanda, you can create and launch your very own trading bots without the need to code so that you can trade Cryptocurrency markets 24/7 effortlessly.
Launch a bot – When the term ‘launch bot’ is used we are referring to you creating and starting your own automated crypto trading bot within the platform by using either the PATS or the Pre-Set Bots we created for you.
The preset bot is located on the dashboard on specific connect exchanges.
PATS, Stands for your Personal Automated Trading software. This is where you create your crypto trading bots on the Yanda platform.
Two cryptocurrecny that you are trading.
Use AI to help you trade and detect anomalies in crypto pairs and receive a notification when our AI detects future market movements to take advantage of. Use 5 minute and 6 hour predictions.
A stop–loss order is an order placed with an exchange to sell a specific stock once the stock reaches a certain price. A stop–loss is designed to limit an investor’s loss on a market position.
For example, setting a stop–loss order for 25% will limit your loss to 25% if the assets were to fall 25% below the execution price.
The expected percentage movement you instruct your bot to act upon to sell your position.
The expected percentage movement you instruct your bot to act upon to buy your position.
The cryptocurrency asset that you would like your bot to end with.
This is the expected profits you wish your bot to make before it automatically closes your positions and finishes. After it hits your profit goals you will need to create and launch a new crypto bot.
You can find these in the advance trading tab on the PATS. Use these wisely in your strategy to take advantage of crypto-asset movements. This trading bot setting restarts continuously your strategy when it hits your target.