As people become more and more interested in the profitability of the cryptocurrency world, most traders nowadays take full advantage of trading bots to augment their yields and take their online investment venture to the next level. The invention of trading bots has made it a lot easier for traders to make money without having to put on that much effort in closely monitoring and analyzing the market industry all the time. As a trader, these bots enable you to generate passive income even as you get going on your busy life.
Speaking of trading bots, while there are lots of automatic bots that people can use in buying and selling in the crypto market, Gunbot has been one of the leading automated crypto trading software.
Gunbot is designed for both newbies and advanced traders. It also has diverse unique features that separate it from other trading bots. This is one type of trading bot that makes your trading experience more effective and efficient. Gunbot can be installed on different operating systems such as Mac, ARM, Windows, and Linux. It can also operate in different exchanges, and its other features are as follows:
For every crypto-traders information, each Gunbot license has its own unique API key and secret. After you have installed the software, before you can fully utilize Gunbot for your trading purposes, you will need to activate your license.
Although this type of trading bot reigns with a good deal of advantages, it doesn’t mean that nothing could go wrong while you use the software. Furthermore, errors could occur at any time. The most common error that traders experience is after the software installation.
If you have just installed your own Gunbot license and encountered an “Invalid License” error, know that there is a way to fix it. We will discuss the “Invalid License” error in this blog post. What causes it? How to fix it? As well as, how you can prevent it from happening.
There are two important things that you must consider upon purchasing the Gunbot software. It is important that you secure your API Key and Secret to activate your license and start trading.
Keep in mind that every Gunbot license is linked to an API key. Also, your API KEY = MASTER KEY. The software makes use of your API Key as a license key to prevent fraud.
Consider your API Key and Secret as your email password or even as your credit card pin, that’s how important those two are in your trading pursuits.
More so, it is also possible for you to change your original API Key from the same exchange or for an API Key from a different exchange. Note that API exchanges are not for free, you will only be given a number of free exchanges depending on the type of license you have purchased.
A Gunbot Invalid License Error may signify that the API Key given in the Gunbot GUI or the Gunbot Config.js may not be registered as a Gunbot License.
Your API Key will be made up of different characters so if you have encountered this type of error, here are two things that you can do before escalating the problem to your seller:
Furthermore, check if you did not mix up the API keys ie: put a Bittrex API key in the Binance API field in the following:
Now, if you have already done all the necessary troubleshooting steps written above and you are still getting the same “Invalid License” error, shoot us a message via our Contact Us page. We will surely fix the issue as soon as possible!