Frequently Asked Questions

unCoded is a fully automated trading bot for Binance Spot, built to run thousands of small micro-trades per day. It buys in tiny steps when prices move down and sells small portions on short-term spikes.Your funds always stay on your own Binance account, and you pay a performance fee on realised profits only – no subscriptions, no custody.

unCoded is designed for people who already hold or want to accumulate crypto have at least a few thousand dollars in trading capital prefer a calm, rules-based approach instead of emotional manual trading. It is not for people looking for quick 100x bets, levered gambling or “get rich in 30 days” promises. The bot is a tool for long-term, systematic trading, not a magic money machine.

1. Open or use your existing Binance account. 2. Set up a small server (or VPS) and install unCoded (guide + Docker setup available). 3. Create Binance API keys with trade-only permissions and connect them to the bot. 4. Choose your trading pair and risk settings. 5. Start the bot and monitor everything in real time.

Yes. Every new user receives a $25 test license. This credit is used to cover our performance fee on profits – you still trade with your own capital on Binance, but you don’t pay us anything until that free license credit is used up. It’s an easy way to see live trades and real results before committing more.

Technically you can start with a few hundred dollars, but the bot makes small profits per trade. To really feel the effect and give the strategy enough room, we recommend a starting capital of around $5,000 or more on Binance. As always: only use money you can afford to keep in crypto for the long term.

From a custody perspective: yes. unCoded is non-custodial – your funds stay on your own Binance spot account. The bot connects via API keys that are restricted to trading only, with no withdrawal rights. This means unCoded cannot move or withdraw your funds. Market risk, however, always remains – crypto prices can go up and down.

No. If you follow our setup guide, your Binance API keys are configured so they can place and cancel spot orders only. -No withdrawals -No changing security settings -No access to your login. Even if someone got hold of your bot server, they could not use unCoded to withdraw funds from Binance.

Your funds stay on Binance and your existing orders remain there. In the worst case the bot simply stops placing new orders until you restart it. There is no liquidation risk, because unCoded trades spot only, without leverage. You can always log in to Binance and manage open positions manually at any time.

Yes. You stay in full control. You can pause the bot, adjust parameters (pair, limits, amounts), or shut it down completely at any time. There are no lock-ups, no contract periods.

No. unCoded trades spot only. There is no leverage, no margin, no liquidation price. Your risk is limited to the price movements of the coins you trade.

No – and anyone who claims that in crypto should be a red flag. unCoded is built to systematically exploit small price movements and reduce emotional trading, but it cannot remove market risk or guarantee a specific return. Some users see very good results, others more moderate – it depends on market conditions, traded coin and your settings.

Results vary widely. In strong, volatile markets the bot can generate frequent small profits. In quiet or strongly bearish markets, it may mainly accumulate coins and take fewer profits. We recommend judging performance over several weeks or months, not day by day. Past performance is not a guarantee for the future.

The bot keeps running according to your settings and continues to open and close trades. It does not magically protect you from heavy drawdowns – if your chosen coin drops sharply, the value of your holdings will also drop. The difference to many leveraged systems: unCoded trades spot only → no liquidations the bot tends to wait for recovery instead of panic-selling at a loss. You can always decide to reduce exposure or stop the bot if you no longer want to hold that asset.

unCoded is built to avoid realising losses whenever possible. If a buy order goes into the red, the bot will typically hold that position and continue to trade around it, closing trades in profit when price comes back into favourable zones. You can always manually close positions at a loss if you decide to exit a coin, but the bot itself does not use a hard stop-loss by default.

unCoded uses a rules-based micro-trading strategy: It places many small limit orders around the current price, buys in tiny slices when price dips, and sells small chunks when price bounces. Over time, this aims to generate many small realised profits, while growing your total coin holdings. It is closer to an intelligent grid / scalping approach than to classic DCA or swing trading.

Not in the classic sense. unCoded does not simply average down one big position like traditional DCA bots. Instead, it opens and closes many independent micro-positions, each with its own entry and take-profit. The effect is similar to a very fine-grained grid, but with risk-control logic on top.

No. There is no black-box AI making random decisions. unCoded follows a transparent, rule-based algorithm that our team can fully explain, test and monitor. For you, that means: predictable behaviour instead of “trust the AI”.

It depends on volatility and your settings. In active markets, users often see hundreds to thousands of trades per day. In calmer markets, the bot trades less frequently, waiting for good opportunities instead of forcing trades.

Yes. You pick the trading pair. Most users focus on coins they already believe in long term (e.g. BTC/USDT, ETH/USDT, BNB/USDT or selected altcoins). The bot then works around that pair only – it does not auto-diversify into random assets.

unCoded uses a performance fee model: You pay a percentage of your realised trading profits (no profit = no fee). This fee is deducted from your license balance, not from your Binance account. There are no monthly subscriptions and no setup fees. The current performance fee rate is shown in your account and documentation.

No. You pay the performance fee on realised profits. You pay the standard Binance trading fees for each trade (these go to Binance, not to us). That’s it. No upsells, no premium plan traps.

The $25 test license is license credit, not trading capital. It is used to pay our performance fee on your profits. As long as that credit lasts, you effectively use unCoded without paying us out of pocket. You still need to fund your own Binance account with the capital you want to trade.

When your license balance reaches zero, unCoded stops opening new trades. Existing positions and sell orders can still be closed, but the bot will not start new cycles until you top up your license. Your funds on Binance are never touched by this – only our fee mechanism pauses.

Currently unCoded supports Binance Spot only. We focus on one exchange to keep the integration stable, fast and secure.

The bot is lightweight. A small VPS or mini-server is enough – for example: 1–2 vCPU 1–2 GB RAM, a few GB of disk, stable internet connection. Many users run unCoded on a cheap cloud VPS or a small home server. The important part is that it can run 24/7.

unCoded runs best on Linux (e.g. Ubuntu Server). We provide a Docker setup, so you can also run it on macOS or Windows using Docker. Most users choose a small Linux VPS for simplicity and reliability.

Yes. You can run multiple bot instances in parallel – for example, one for BTC/USDT and another for ETH/USDT. Make sure each instance has its own configuration and that your total capital on Binance comfortably covers all open positions. All instances can share the same license balance on the same account.

No, updates are not forced automatically. When we release a new version, we announce it in our channels and documentation. You can then update your installation (or Docker image) when it suits you. That way, you always stay in control and can update on your own schedule.

There is currently no built-in backtesting. Instead, we encourage new users to start with conservative settings, smaller position sizes and the free test license, and let the bot run live for a while. This gives you a realistic feel for performance under real market conditions.

You can get help via: our Telegram community, where users and team members are active, direct contact with the unCoded team for setup and troubleshooting, detailed documentation at uncoded.ch/docs. We genuinely want your bot to run smoothly – because we only earn when you do.

Yes. We have an active Telegram group where users share results, ask questions and exchange tips. It’s a good place to see how others use unCoded in practice and to learn from real experiences.