Plutus Spot

What is Plutus Spot?

Plutus Spot is an automated trading system specifically designed for spot trading, focusing on capturing market opportunities. It employs advanced algorithms with custom built AI to identify potential price movements and execute trades accordingly.

How does Plutus Spot work?

Plutus Spot utilises advanced algorithms and custom built AI to analyse market data in real-time, identifying potential trading opportunities based on various technical indicators and market trends. It then executes trades automatically, aiming to capitalise on spot market trends.

Who is Plutus Spot suitable for?

Plutus Spot is ideal for Gem Hunters and Meme Coin enthusiasts seeking to maximise returns in a trending market. This low risk tolerance strategy is perfect on capitalising on market movements. It's important to understand that spot trading also involves some risks.

How often are trades made with Plutus Spot?

Trade frequency with Plutus Spot can be less frequent compared to Plutus Go, as it focuses on market trends capturing the next big wave. The system is designed to identify token listings and unknown project opportunities and executing trades based on predefined strategies.

What are the benefits of using Plutus Spot?

Plutus Spot offers the potential for higher returns compared to other trading strategies, but it also comes with some risks. It's designed for Gem Hunters and Meme Coin enthusiasts seeking to maximise returns in a trending market

• Capital Preservation: Plutus Spot aims to capitalise on price movements with risk management strategies.

• Hands-Off Approach: Enjoy the freedom of automated trading. Plutus Spot handles the complexities of the market, allowing you to focus on things that matter.

• Reduced Risk Through Token Retention: Unlike Plutus Relax and Go Futures / Derivatives trading strategies that might sell assets at a loss, Plutus Spot holds onto spot tokens, providing an opportunity to recover investments when market conditions improve.

• Reduced Stress: Let Plutus Spot do the work while it eliminates the emotional stress of constant market monitoring and decision-making

Can I manually intervene with Plutus Spot trades?

Manual intervention in Plutus Spot trades is highly discouraged as it can disrupt the system's automated strategy and impact overall performance. (Account may automatically be suspended).

Is there a minimum balance required to use Plutus Spot?

$100 is the minimum balance required in your Spot account to ensure optimal performance and risk management. We focus on curated 10-20+ selected good performing unknown projects gaining opportunities and executing trades based on our predefined strategies. The bigger the balance in your account, you can unlock more tokens to trade with.

What should I do to get started with Plutus Spot?

First, create an account on our website www.odesis.io. Follow through the onboarding stages, ensure you have a minimum balance of at least $100 in your Spot account. Follow the instructions on connecting to our supported exchange and setting up your API keys from the details provided on the form, and let the automated system handle the rest.

What kind of returns can I expect with Plutus Spot?

Plutus Spot aims to capitalise on market trends, which can lead to higher potential returns which also have reduced risk from token retention. Past performance is not indicative of future results.

What should I do if I encounter issues with Plutus Spot?

If you encounter any problems, please contact our support team for assistance or email us at [e-mail]. Provide as much detail as possible about the issue you're experiencing.

How do I monitor the performance of Plutus Spot?

You can monitor the performance of Plutus Spot through the ODESIS Plutus dashboard. This provides real-time insights into your account balance, profit and loss, and other relevant metrics.

What happens if market conditions change dramatically?

The system is designed to adapt to changing market conditions. It has safety precautions in place to adapt to market fluctuations, leveraging advanced algorithms to manage and mitigate risks effectively. with Plutus Spot, it also have reduced risk with token retention.

What exchanges does Plutus Spot support?

Plutus Spot supports a range of popular cryptocurrency exchanges. Please refer to the ODESIS Plutus platform for the most up-to-date list of supported exchanges.

Can I switch between Plutus Relax, Plutus Go, and Plutus Spot?

Yes, you can switch between different trading strategies offered by ODESIS Plutus, including Plutus Relax, Plutus Go, and Plutus Spot.

Can I reduce my fees on Plutus Spot?

Yes, holding $ODS tokens can reduce your fees on Plutus Spot and other ODESIS Plutus services. You can also burn $ODS tokens to Unlock Free trading over a period of time.

What happens if I stop my trades on the ODESIS Plutus dashboard?

If you decide to stop your trades, your active positions and API will be closed and stopped immediately and you will need to pay the fee of closed trades in order to proceed.

What happens if I close my trades on my exchange?

If you manually close your trades on your exchange, your Plutus strategy will be unable to perform effectively. This will disrupt future trades and potentially impact your overall performance.

To ensure optimal results, it's crucial to avoid manual intervention in your trades (Account may automatically be suspended).

What happens if I Delete my API on the ODESIS Plutus dashboard?

Deleting your API key will disconnect your exchange account from the ODESIS Plutus platform. Any active trades will automatically close and will need to pay fees for closed trades. You will no longer be able to use the platform until you reconnect your API. Users will be notified via email to reconnect or your account will be closed after 7 days

What happens if I Delete my API on my exchange?

Deleting your API key will disconnect your exchange account from the ODESIS Plutus platform. Any active trades will automatically close and will need to pay fees for closed trades. You will no longer be able to use the platform until you reconnect your API. Users will be notified via email to reconnect or your account will be closed after 7 days

Can I open multiple accounts with different strategies?

Yes, ODESIS Plutus allows you to open multiple accounts to test different strategies or manage separate portfolios.

To create a new account, simply click the "Add a new Sub-Account+" button on your ODESIS Plutus dashboard. You'll be guided through the process of setting up a new sub-account on your chosen exchange.

Important Note: Each sub-account requires its own funding and fees and will operate independently. It's crucial to avoid mixing strategies within a single account to prevent conflicts and optimise performance.

By utilising multiple accounts, you can experiment with various trading approaches and allocate your funds according to your risk tolerance and goals.