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Very important information for MC futures users: new tokens and form migration
🕑 Added 2021-08-02 18:07:45 +0000 UTCThere's very important information in this article for market cipher futures users. Please read the full article including the migration section.
Market cipher futures upgrade: new COIN-M tokens added
We now support new pairs for COIN-M binance futures. This means that you can use your holding of the supported tokens to long or short. This takes profit in the same token, so for example you could use your ethereum to long and take profit in ethereum which in a bullish scenario becomes a double win.
Futures are a very advance feature and should not be used by beginner traders.
Not fully understanding how futures works or what's the real risk they represent and how to properly manage that risk can lead to 100% loss, not just a single deal loss, but all the funds that are in the futures account.
So be sure you understand 100% how it works and have practiced with a very small amount to test. Small means less than 0.5% the size of your portfolio.
High Greed + ignorance = portfolio wiped.
For those not wanting to use binance we have good news: a few weeks ago we also started supporting Futures for Bybit and FTX exchanges.
We support a conservative and risky long signal and a bear signal used for shorting.
Read our previous articles and watch the videos to familiarise yourself.
Which tokens were added?
The following COIN-M Binance pairs were added this time:
- BINANCE:DOTPERP,DOTUSD_PERP,DOT,
- BINANCE:XLMPERP,XLMUSD_PERP,XLM,
- BINANCE:TRXPERP,TRXUSD_PERP,TRX,
- BINANCE:EOSPERP,EOSUSD_PERP,EOS,
- BINANCE:LINKPERP,LINKUSD_PERP,LINK,
- BINANCE:DOGEPERP,DOGEUSD_PERP,DOGE,
- BINANCE:TRXPERP,TRXUSD_PERP,TRX,
On the right, there's the tradingview ticker, followed by corresponding the base/quote for 3commas.
Can we add further pairs? yes, potentially in the future.
Leave a comment below and we can evaluate for then next round of additions.
What should I do if I want to create a new bot for one of the new supported tokens?
You must submit your market cipher futures bots using the new form.
The legacy form didn't support multiple exchanges and new pairs.
Market cipher Futures new form.
Market cipher VIP signals: form MIGRATION
We created a new form to submit your market cipher futures bots.
This was a necessary upgrade so we can scale up and start supporting multiple exchanges and be able to add pairs much more easily.
Bots that were submitted in the past using the old VIP signals form will stop receiving signals from TODAY
If you already had market cipher bots receiving signals and you want your bots to continue receiving signals you will have to submit them asap using the new Market Cipher form.
If you don't, they won't open any new deals.
Very important suggestion: create new separated bots for the new form, don't just recycle the old bot that was receiving signals already from the old form. Make a new copy and use the new bot id in the new form. This will allow you to SWTICH OFF the old bot to fully make sure it never places a deal from the previous form. Doing this could save you a headache if you needed to troubleshoot any potential migration issue.
Reminder: Remember that all our forms are processed automatically every 3 hours and bots take time to send signals so after waiting for at least 3 hours then keep an eye on the signal monitor channel on discord to see when signals are coming through so you can compare them with what your submitted bots are doing.
What changes were applied to the (old) VIP signals form?
- You can no longer submit or edit the Market Cipher bots in the old form.
- MC futures fields have now been removed from the VIP signals form (old).
- All your MC futures bot ids and tokens were removed.
- Petro steroids is no longer supported. You can't submit bot ids for this signal
- We removed all your "petro steroids" bot ids and tokens too.
Do you need help or have any questions?
If you need help, don't reply to this article. Use the futures-bots channel on discord or if you are VIP you can also use the VIP-support channel as usual.
Comments
If you are already in the new form then you don't need to do anything. The migration only applies to users that were using the OLD form.
If I had already submitted the previous version of the form, I will have to edit my responses, correct? (When I clicked on the link of the new form and logged in, it told me that I had already submitted and was able to edit my responses, which I did.) In other words, this is not an entirely new form, right?
