Using Bots

2.1 Understanding main vs subaccounts

• Main account → Holds all funds (e.g., Bitvavo).
• Subaccount → Separate wallet with its own API key (OKX, Blofin).

✅ Always use subaccounts where possible. This prevents bots from using your long-term holdings.

2.2 Can I run multiple bots on the same exchange?

Yes:

• Use different subaccounts (OKX, Blofin)
• Or use different API keys
• And trade different pairs

🚫 Do not run multiple bots on the same pair in the same wallet.

2.3 What if I selected the wrong coin pair?

• You cannot change it.
• Delete the bot and create a new one with the correct pair.

2.4 Can I rename or delete my bot?

• Rename = not possible (delete + recreate).
• Delete = open bot menu → click Remove Bot.

⚠️ Deleted bots cannot be restored.

2.5 What permissions should my API key have?

✅ Read

✅ Trade

❌ Withdraw (must be disabled)

2.6 Can bots go short?

• Current Nova bots = long only.
• Short bots are coming soon.

2.7 Do bots use stop-loss or risk protection?

• Yes → built-in stop-loss or buffers.
• Grid bots → use spacing/scaling instead of SL.
• Bots never use more than ~75% of your balance.

2.8 Can a bot lose my entire balance?

• Spot bot → No. Coins are safe from liquidation.
• Futures bot → Possible in extreme case (liquidation).

Bots minimize risk by using:

• Partial balances
• Limited leverage
• Stop-loss mechanisms

⚠️ Only invest money you can afford to lose.

2.9 How do I add funds to a running bot?

• Just deposit more funds into the connected wallet.
• The bot automatically adjusts usage.
• No need to stop or restart.