Goblin Bots Setup Guide

If you're ready to join the Goblin fam, here is a complete Step-by-Step guide to setting up your trading bot. If you have any questions or get stuck on any of the following steps, please join the Astrabit Discord and ask for help in the General channel. Feel free to tag me (@GoblinBoss) directly. You can watch the video below or read detailed instructions below the video.



1. Create an Astrabit account by clicking the register or "Start Now" link on their home page. When you register, be sure to include your Discord username in your profile so you get added to the private Astrabit Discord channels.


2. After registering, go to Marketplace > Strategies > filter Author by Goblin Trading > select Add to Cart on the Goblin and/or Gremlin strategies. Go to the shopping cart where you should see the strategy AND a bot for each strategy selected. Then complete payment and checkout. You can use the discount code GOBLIN_15 to save 15% for your first two months of using the strategy.


3. If you're a US citizen you will have to use a VPN for the next part. In most other countries you won't have to worry about this. We like NordVPN and ProtonVPN.

Once you install your VPN of choice, enable it to any country that does not restrict crypto trading. Australia is usually a good option or Europe or South Korea or Mexico. It's important to remember that any time you directly log in to your exchange you should use the VPN if you are from the US. This isn't necessary when you log in to Astrabit but it is when logging in to the exchange.

4. Create an account on one of the following exchanges

Bitget - https://bitget.com
ByBit - https://bybit.com
OKX - https://okx.com

Binance - https://binance.com (not for US users)
Bitfinex - https://bitfinex.com (not for US users)
Kraken - https://kraken.com (not for US users)


Whichever exchange you choose, take security seriously by using 2FA and other measures. Please note that these exchanges do not allow US citizens to use their services so if you're a US user and you complete the KYC requirements they will likely disable your account. 


5. Fund your account with either USDT or USDC depending on which exchange you choose and move the funds to your Derivatives account. Note: if you are purchasing multiple strategies on Astrabit, some users prefer to use sub-accounts within the exchange so that each strategy runs independently of each other. In that case you would need to fund the sub-account derivatives.


6. Create an API on your exchange and connect it to your Astrabit account. Astrabit tutorials for this process are available below:
Bitget - wiki.astrabit.io/exchanges/bitget
ByBit - wiki.astrabit.io/exchanges/bybit
OKX - wiki.astrabit.io/exchanges/okx

Binance - wiki.astrabit.io/exchanges/binance
Bitfinex - wiki.astrabit.io/exchanges/bitfinex
Kraken - wiki.astrabit.io/exchanges/kraken


7. Create Your Bot
Go to your dashboard on Astrabit > Select the strategy you purchased > Set bot type to single entry > Select your exchange and API > Give your bot a name > Choose the exchange pair that correlates to the strategy (Goblin - BTC/USD; Gremlin - ETH/USD)


Next, set your equity allocation, leverage, and any take profit/stop less settings. Most users set a fixed stop loss of -3.8% and no take profit settings but choose what you are comfortable with given your risk tolerance.


Speaking of risk, watch this video on drawdowns and leverage to have an idea of what to expect from the strategy depending on what you choose.


 Lastly, Click Create Bot!

That's it! All that's left is to watch the bots work and join the conversation on our channel of the Astrabit Discord if you'd like.