This one walks through what a trading bot like this platform is actually doing under the hood, what permissions it needs, and what it cannot do.

It starts with an API key, not a deposit

A non custodial trading bot never takes possession of a user's funds. Instead, the user generates an API key directly inside their own exchange account and grants that key two specific permissions: read account data, and place trades. Withdrawal permission is deliberately left disabled. The exchange enforces that restriction, not the bot software.

This distinction matters more than most marketing pages admit. A custodial product asks a user to move funds into a platform controlled wallet. A non custodial one never touches the funds at all. It sends instructions to the exchange, and the exchange executes them against the user's own balance.

Why this matters

If a product asks for a wallet transfer, a seed phrase, or funds sent to activate an account, that is a custody request. It is a common pattern in crypto trading scams. A legitimate non custodial bot never needs any of that.

Which platforms are actually supported

Kraken is the current priority deployment. Binance and Pionex are preferred exchanges for current deployments. Other exchanges may be reviewed on request at the same license price. Compatibility is confirmed during onboarding. This website does not claim that every listed exchange is independently verified as production-ready from public documentation alone.

If a platform is not shown on the site yet, that does not mean it is off the table. Other platforms may be prepared on request and personalized to that exchange's API. Customization for a different platform does not change the price of the license; the plan tiers stay the same as described on the plans page.

What the bot actually sends to the exchange

Once connected, the bot does not watch the market and decide in any mystical sense. It runs a defined rule set, for example entry and exit conditions on a selected coin pair, and translates that rule set into standard exchange API calls: place order, cancel order, check balance, check order status. Every action a bot takes is one an experienced trader could place manually through the exchange's own interface. The difference is speed and consistency of execution, not access to something users do not already have.

Coin selection and strategy scope are tied to license tier. See the plans breakdown for what each tier actually includes. Setup itself is a one time API connection step, covered in the setup guide.

What a trading bot cannot do

This is the part most product pages leave out, and it is the part that matters most before anyone connects an account:

Any page, including this one or any competitor's, that shows a live profit terminal with numbers that are not tied to a real, disclosed backtest or account should be treated with skepticism. See the full breakdown of security practices BotNexis follows, and the patterns to watch for, on the security page.

Does a crypto trading bot guarantee profit?+
Automated trading involves financial risk. Results depend on market conditions, configuration and execution, and trading performance is not guaranteed. Any product claiming guaranteed returns should be treated as a red flag.
Does BotNexis hold or custody my funds?+
Funds remain in the customer's exchange account. The software uses restricted API permissions, with withdrawal access disabled.
Which exchanges does BotNexis actually support?+
Kraken is the current priority deployment. Binance and Pionex are preferred exchanges for current deployments. Other exchanges may be reviewed on request at the same license price. Compatibility is confirmed during onboarding.

Also in the blog: Is It Safe to Connect a Trading Bot to Your Exchange.