How much money do I need to start trading?
There are two parts hidden in this question: a general part and a bot-oriented part.
How much do you need to start any crypto bot? There is a minimum amount which can be traded on each exchange, and it depends on the cryptocurrency exchange and the pair, an 11-dollar equivalent is usually enough for any pair.
To calculate how much money you need for a certain trading bot, you may use the formula:
The first-order value + (the first-order value x an amount of extra orders) + an exchange's fee. Or, you might want to just use our calculator, which is available when you edit or create a new bot.
Note: It doesn't include a fee because in some cases it can be not charged at all or be paid with other coins (for example on Binance).