Frequently Asked Questions

MySniperBot is a web-based crypto algorithmic trading platform built on real Binance market data. You build custom trading algorithms, backtest them on real historical data, deploy automated paper trade bots, analyze every trade in depth — and when your strategy is proven, go live with real orders on your Binance account.

No. The Starter plan is completely free — no credit card required. You get access to the live market scanner, the algorithm builder, backtesting with 30 days of history, and up to 1 algorithm and 1 paper bot. Upgrade to Paper Trade ($300/year) when you want unlimited access and full analytics.

Yes. The platform pulls live Binance market data every 15 minutes across 500+ trading pairs and stores them as snapshots. Backtests run on this real historical data (up to 120 days for paid subscribers). Paper bots track real live Binance prices for TP/SL. The only simulated element is the capital.

Basic familiarity with crypto markets helps, but the platform is designed to be usable by anyone who wants to learn systematic trading. The free Starter plan is a risk-free way to explore the platform and develop your strategy before committing.

Starter (Free): Live market scanner, up to 1 algorithm, up to 1 paper bot, 30-day backtest history.

Paper Trade ($300/year): Everything in Starter, plus unlimited algorithms, unlimited bots, up to 120 days backtest history, AI trade analysis, and CSV export.

Live Trade ($100 upgrade fee · $400/yr combined renewal): Everything in Paper Trade, plus real order execution on your Binance account via API. TP and SL are placed as OCO orders directly on the exchange. Requires an active Paper Trade plan.

You define entry conditions using market signals: price change, volume spike, BTC trend, market breadth, volatility, momentum, and more. Once your conditions are set, you backtest the algorithm against real historical snapshots to see how it would have performed. When satisfied, deploy it as a paper bot.

In Paper Trade: TP, SL, and Time-Stop are monitored against real Binance prices at each 15-minute data refresh. When the price hits your threshold the position closes automatically.

In Live Trade: TP and SL are placed as OCO (One-Cancels-the-Other) orders directly on Binance exchange — both orders are active simultaneously 24/7, without waiting for the next 15-minute refresh. Time-Stop is handled server-side and closes the position regardless of price after the set duration.

Analytics shows every closed trade from your bots with deep filtering by BTC trend, market breadth, entry volume, volatility, session, and more. This lets you identify exactly which market conditions your algorithm performs best in — and optimize accordingly. Available on Paper Trade and above.

Live Trade connects your proven algorithm to your real Binance account via API key and places real market orders. Entry is via market buy on signal. TP and Stop Loss are immediately placed as OCO orders on the exchange — both active simultaneously, no server polling required between refreshes. It is the same algorithm logic you validated in Paper Trade, now executing with real capital.

We believe no algorithm should touch real money before it has been validated. Paper Trade gives you the full toolset to test rigorously with real market data at zero financial risk. Live Trade is an upgrade for traders who have done that work — not a shortcut around it.

No. Your Binance API credentials are stored using AES encryption — never in plain text. We strongly recommend creating a restricted API key with trading permissions only — never enable withdrawal permissions. Your funds remain fully under your control at all times.

Starter: Free forever, no credit card required.
Paper Trade: $300/year — unlimited algorithms, bots, full analytics, and AI export.
Live Trade: $100 upgrade fee (requires active Paper Trade plan) · $400/yr combined renewal.

See the Pricing page for the full feature breakdown.

We currently accept USDC payments on the Solana blockchain. More payment methods are coming soon.

All sales are final once a license is activated, due to the digital nature of the product. If you experience a technical issue within 48 hours of purchase, contact us at info@mysniperbot.com and we will assist you.

Email us at info@mysniperbot.com. Live Trade subscribers receive priority support with faster response times.