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First Steps to Auto-Trading on Cornix

How to fund your exchange wallet, join a signals channel, and launch your first smart bot

Hadar Cornix avatar
Written by Hadar Cornix
Updated over a week ago

Now that you've created a Cornix account and connected your preferred exchange, you're just a few steps away from auto-trading!

💡 Haven’t connected your exchange yet? Follow this guide first.

1. Fund Your Exchange Wallet

To begin trading, you'll need to have funds in your exchange account. Here’s how to fund your wallet:

  • Open your exchange (e.g. Binance)

  • Purchase crypto with a credit/debit card

  • The funds will appear in your Fiat and Spot wallet

📺 Watch a 2-minute tutorial from Binance:

2. Making sure we have funds in the right wallet

Exchanges like Binance offer a variety of different market types and derivatives, and therefore it is essential that we introduce funds to the correct wallet type.

In Binance for example, there are two main markets in which you will end up trading with Cornix, Spot and Futures.

Spot Trading-

To trade Spot markets, your funds must be in the Fiat and Spot wallet. This is where purchased crypto goes by default.

Future -

Cornix supports two futures markets on Binance:

  • USDⓈ-M Futures - USDⓈ-Margined contracts are linear futures quoted and settled in USDT or BUSD. These symbols are a type of cryptocurrency which represents the dollar amount.

  • COIN-M Futures - crypto futures contracts that are settled in cryptocurrencies (e.g. BTC, ETH).

How to Transfer Funds Between Wallets

  1. Go to your Fiat and Spot wallet

  2. Click Transfer

  3. Select the destination wallet (USDⓈ-M or COIN-M)

  4. Choose the coin and amount

  5. Click Confirm

Here an example for how to transfer funds from your 'Fiat and Spot' wallet to USDⓈ-M Futures/COIN-M Futures wallets.

Navigate to your 'Fiat and Spot' wallet and click on 'Transfer':

Choose the wallet you want to transfer funds to:

Choose the coin and the amount and click 'Confirm':

3. Join a Signals Channel

Now it’s time to choose a channel to follow and start auto-trading based on expert signals.

You can explore Cornix supported channels by visiting the Cornix 'Marketplace' tab.

Filter channels by:

  • Supported exchanges

  • Pricing

  • User reviews and ratings

Once you find a channel that suits your needs, you can move on to setting up your Signals Bot.

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