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Veles Help Center

Quick Start

This article provides a step-by-step guide on how to start working with Veles, avoid common mistakes, and launch your first bot today.

1. Understand the Risks and Expectations

Section titled “1. Understand the Risks and Expectations”

Before making money, it’s important to understand how not to lose money.

  1. Read Common Risks in Trading.
  2. Review Common Mistakes of Beginners.

💡 Even if some points are unclear right now, that’s fine. The main goal is to read them at least once to get familiar with the terminology. You can always come back to the material later.

2. Open an Exchange Account

Section titled “2. Open an Exchange Account”

Before creating a bot, you need:

  • An account on a supported exchange,
  • Verified identity (KYC),
  • Deposited funds.

📌 Step-by-step guides:

3. Register with Veles

Section titled “3. Register with Veles”

Go to your Veles account and complete the challenges to receive 5 USDT for launching your first bot.

Next:

4. Get Your First Bot

Section titled “4. Get Your First Bot”

Once the exchange is linked, choose a ready-made bot:

  • From the “Ready-made Bots” section in your account,
  • Or from our blog.

For beginners, we recommend spot bots or futures bots configured for spot trading.

Why? 📌 Spot trading has no liquidation risk — it’s safer when starting out.

A backtest will show:

  • Minimum deposit,
  • Estimated profitability,
  • Potential drawdowns.

For futures, also determine the Maximum Floating Loss (MFL) over a long period using a backtest. The assessment method is described in this article.

5. Learn the Theory and Scale Up

Section titled “5. Learn the Theory and Scale Up”

Once your first bot is running and generating profit:

  1. Clone it for another coin.
  2. Test new settings.
  3. Use the built-in hints directly in the editor (the “(i)” and “?” buttons).

📌 Useful resources:

You can ask questions:

6. Free Consultation

Section titled “6. Free Consultation”

Prepare your questions or topic, and book a free meeting with a specialist:

➡ Book a consultation

💡 Bottom line: You can complete all the steps and launch your first bot in just one day. The key is not to skip the backtest stage and not to rush with large amounts.