In today post, we will be shifting our focus to Royal Q trading robot reviews. This will definitely answer the doubt of so many people especially the ones asking “Is Royal Q Bot Legit” or “what is Royal iQ”, and lots more. On the contrary, this is a platform that is now a money making tool for online crypto traders. All that is required is your Binance or Huobi account through API.
First of all, the Crypto world has become a huge market source and avenue for making money online for crypto traders online. However, a lot of scammers have also hijacked the internet leaving some many investment platform look like a scam. But in this post today, we will be revealing everything about the Royal Q reviews and how it works so that you can understand the best and easy way to cash out from the platform.
What is Royal Q Trading BOT?
Royal Q trading Bot is a powerful automated trading software that works with cryptocurrency trading signals that helps people with automated crypto trading solution. In other words, the computer program helps online crypto traders determine their crypto investment whether to buy or sell a crypto pair at a particular point in time. The royal q robot was developed by a Chinese Company with the mindset of changing the mental idea of trading. This may however affects the world of investment in cryptocurrencies. This can also be used for forex traders too.
Royal Q Robot is an intelligence app and an algorithm platform that is used for trading that allows people come up with their trading marketing strategies. In other words, you must be conversant with the best time to pick the cryptocurrency you want to trade based on the market statistics. Royal Q Robot will help anazlye, interpret the market statistics, calculate market risks, and also help you carry out buying and selling of crypto assets on your behalf. This means automated trading software and data mining machine tells you when the trading market falls and rises.
It is important and recommended for you to hire an expert to trade on your behalf if you really want to make money trading cryptocurrency and you do not have to stress yourself making money on this platform.
How Does Royal Q Trading Bot Works?
The Royal Q trading bot works in a dynamic way as users who want to trade on the platform are required to download the app and integrate the mobile app with series of third-party trading or exchange platform. Some of the third-party platforms include Gemini, Coinbase, Binance, and many more. But the Royal Q Bot app is only integrated with two major specific exchange platforms. They are;
Now that you are familiar with the requirement exchange platform, to get started you will be required to Sign up for an account by completing an online Registration with Royal Q. Then, download the app from Google play store and Apple store for Android and iOS users respectively.
If you want to use Binance as the exchange platform, it is compulsory you create an account with Binance. If you don’t have account, click on this link to simply create a Binance account here. So if you have signed up for an account with Binance, simply log in to Binance account with your credentials. However, the Binance API Keys will be used to connect your Binance account with Royal Q app automatically and you can now start trading with app.
To start using the Royal Q app for trading, you will be required to pay an activation fee of 120usdt (TRC-20) and another gas fuel of $20. What this implies is that 120 stands for a one-year subscription and $20 is for gas fuel totaling 140usdt altogether.
The gas fuel is a tiny fee the BOT charges whenever it picks trade (Buy/Sell) for traders online. You may however have limited access to your fund because the money stands for your trading capital which will be in your Binance or Huobi account. The Royal Q app only uses capital in your USDT wallet and the traded profit or loss is credit to your pair wallet. However, the only money that goes to Royal Q is the 120usdt activation fee.
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Easy Guide on How to Make Money with Royal Q?
Now that you are familiar with how Royal Q works. It is now important for you to know how to make money with the Royal Q. Since Royal Q is akin to crptocurrency robot trading, it functions as a network marketing and revenue sharing tool. There is however two ways you can make money from Royal Q. They are;
- Trading Cryptocurrency
- Referral (MLM)
This is the first way to make money with Royal Q app when trading. This will require you to make use of the capital available in your Binance account or Huobi account. In other words, the robot will take responsibility of trading cryptocurrency for you according to the available capital in your binance or Huobi account. The ROI for this type of trading varies from 1-50% depending on your trading preferences using compound interest.
This feature allows you to sync or automatically copy expert traders who are also trading on the platform. This is really for those who don’t know how to trade, you can sync with expert traders.
MLM is known as Multi-level marketing. As the name implies, users can make more money than the cryptocurrency capital method. With this method of earning method, you can earn more passive income using the Royal Q system. However, this uses a referral system and they are;
- The first level is referred to as V1 – this level grants you access to earn $30 instant commission on everyone you refer and you also get a commission on their trade
- The first level is referred to as V2 – this level is for those who have referred at least 3 users and have an overall team of 20 users. At this level, you get $40 direct referral and a 30% reward bonus from the entire team and also earn $10 commission from a fresh member.
- The first level is referred to as V3 – with this level, you can earn $50 from direct referral and 40% reward bonus. You are entitled to $20 commission from a new member.
- The first level is referred to as V4 – this is the last level. This comes with $30 commission form a new member. However, you will need 8 direct referrals, three V3, and a total team of 300.
Royal Q Registration – Step by Step Guide to Set Up for Royal Q Trading Bot
To create a Royal Q BOT account easy and not difficult provided you follow the steps below.
Step 1: Go to the BOT Sign up page – https://raqsy.com/s/SUV95 in the web browser of your device.
Step 2: Next, enter your email address and the click on “send verification code” to get the code in your email address.
Step 3: Now, enter the verification code in the specified field.
Step 4: Type in your Password and confirm password.
Step 5: Once you are done, tap the “Register” button.
Once you are done with the registration, click on the “download” link to download the app. After installation of the app, log in and activate the app on your mobile device.
Please Note: if you are just registering for the first time, it is advisable to the referral INVITATION code of the person that referred you.
How to Activate Royal Q Bot for Trading
To start your Royal Q activation for Trading, follow the steps below.
- You must first login to your account and activate the app before you can start trading.
- To activate the app after logging in, click on “MINE” in the top-right corner below the footer of the app.
- The next step is to click on “Assets” on the third row of the app.
- Under the “assets” option, you will see three options – “Deposit”, and “Withdraw”, and “Transfer”.
- Next, click on “deposit” to copy your Royal Q account USDT wallet address.
- You can then send 140usdt (TRC-20) to the wallet address and click on activate in order to have your account activated.
- Immediately after clicking activates, it will ask you to confirm your country, choose the right one and proceed.
- On the next page, you’ll see something like the image below, leave it that way and click on activate to activate the account and accept and agree to the “terms and conditions” by ticking the box to finally activate the account.
Now, that you have successfully activated your account, to start trading you will have to link the activated account to your Binance or Huobi account. You can do this by copying your API keys.
How to Bind Royal Q with Your Binance Account
To bind Royal Q account with your Binance account, simply follow the steps below.
- From your Binance account, click on the “more” button.
- On the next page, scroll down to the “Others” section (Last section) and locate API Management and click on it.
- Next, create a new API key by giving it a name. Now, click on “create”
- Then, click on edit on the new API you just created and set restrictions for the API.
- The only box you’re going to enable is the “Enable Reading” and “Enable Spot & Margin Trading” leave the remaining box unticked.
- Then scroll down to API access restriction.
- Click on the second box above that says “Restrict access to trusted IPs only (Recommended). After that, go back to Royal Q then copy the IP address from Royal Q and paste it in the space there and click confirm.
- With these settings, the robot has limited access to your trading account and funds in the account.
- So all funds in your account are safe!
- The only thing it can do is to trade with funds in your USDT wallet. So copy the API keys and the secret keys.
- Then go back to the Royal Q account, at the home page, you’ll see four icons
- API binding
- Invite Friend
- Next, click on the API binding and choose the exchange you want to bind. For Binance users, click on Binance and paste the keys respectively.
- Then, go and copy your API keys and Secret Keys one after the other from Binance and paste them accordingly in the space provided in Royal Q. As you can see from the image above.
- After pasting them, click on “send” verification code and copy the code sent to your email address by Royal Q and paste it inside the space provided for it.
- The next step is to click on the risk box and click on Bind.
- So to start trading, at the home page of the app, when you look down, you’ll see Quantitative.
- Click on it and choose the pair you want the app to start trading on your behalf. To check your profits, at the home page, you’ll see “Revenue”, click on it to see your daily profits.
How to Configure your Royal Q Trade Settings
To configure your trade settings, it is important you understand that you can only use the capital you are trading with to configure your trade settings. To start trading, click on “trading settings” and it will redirect you to another page with different options. The options include;
- First Buy In Amount
- Open Position Doubled
- Margin Call Limit
- Whole Position Take Profit Ratio
- Whole Position Take Profit Callback
- Margin Configuration
- Buy In Callback