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How it works

How it works, from parameter to executed order

Five objective steps separate creating your Binance API key from the first order the bot sends on Futures.

  1. 01

    Connect the exchange

    Create an API key without withdrawal permission and paste it in the dashboard. The balance stays in your account.

  2. 02

    Write the rule

    Define pair, initial size, target on the winning leg, reinforcement step and maximum number of steps.

  3. 03

    Set the cap

    The cycle loss cap is mandatory. Without it, the bot is not activated.

  4. 04

    Activate the cycle

    The supervisor opens both legs, tracks price distance and applies the reinforcement ladder.

  5. 05

    Watch and adjust

    The history shows each order with reason and timestamp. Pause, adjust and resume whenever you want.

Video tutorials

Guided setup, in the right sequence

Watch in order: account first, then the Binance API key, and finally the bot with its coins. Each video shows exactly where to click and which values to use.

  1. Step 1

    How to create your Ridbyt account

    Sign-up with the referral link, email confirmation and first login. By the end you already see the dashboard and the bot configuration menu.

    Settings summary

    1. 01 Open the sign-up link and fill in name, email and a strong password.
    2. 02 Confirm your email and log in to the dashboard for the first time.
    3. 03 Complete the profile and enable two-factor authentication.
    4. 04 Load the minimum credits to unlock operation.

    Keep the password in your own manager. Ridbyt never asks for passwords by message.

  2. Step 2

    How to set up the Binance API key with the right permissions

    Creating the restricted key on Binance: read and trade enabled, withdrawal always disabled. This is the step that keeps the balance in your own account.

    Settings summary

    1. 01 On Binance, open API Management and create a new key.
    2. 02 Enable Reading and Enable Futures trading.
    3. 03 Leave Enable withdrawals unchecked, no exceptions.
    4. 04 Copy the API Key and Secret Key and paste them in the Ridbyt panel.
    5. 05 Save and confirm the connected status before moving on.

    Binance shows the Secret Key only once. If you lose it, generate a new key.

  3. Step 3

    How to turn the bot on with settings and coins

    Choosing pairs, initial size, target on the winning leg, reinforcement step and loss cap. With the rule written, the cycle activates and the history starts logging every order.

    Settings summary

    1. 01 Select coins with good liquidity for the traded pair.
    2. 02 Set the initial entry size and the target on the winning leg.
    3. 03 Configure the reinforcement step and the maximum number of steps.
    4. 04 Fill in the cycle loss cap — mandatory to activate.
    5. 05 Turn the bot on and follow the order history in real time.

    Start with small values, validate the behaviour and only then increase exposure.

The cycle in one line

  1. 1Written rule
  2. 2Both legs open
  3. 3Short target in favor
  4. 4Reinforcement ladder
  5. 5Rule-based close

Rules that always apply

  • No order is sent without a configured loss cap.
  • The supervisor prevents two cycles from competing for the same balance.
  • When the aggregate limit is reached, the whole cycle closes.
  • Pausing stops new entries immediately.

Ready to write your rule?

The account takes a few minutes to create.