A
API (Application Programming Interface)
A tool that allows different software to communicate. In 3Commas, APIs connect your trading accounts on supported exchanges for automated trading and monitoring.
API Key
A unique code provided by an exchange, granting access to account functionality like trading and balance checking without exposing login credentials.
Averaging
A trading strategy that spreads investments across different price levels to achieve a better overall entry price. Used by 3Commas' DCA bots to optimize cost efficiency.
Auto Trading
A feature that automates trading based on predefined rules. With 3Commas, auto trading can be executed via bots like DCA, SmartTrade, and Grid bots.
B
Backtesting
A process of testing trading strategies using historical data. 3Commas offers backtesting to help traders evaluate the potential success of a bot before deploying it in live markets.
Base Order
The initial trade amount placed by a bot when opening a position. It sets the foundation for safety orders in the DCA strategy.
Bear Market
A prolonged period of declining cryptocurrency prices. Traders can profit in a bear market using 3Commas' shorting strategies.
Bitcoin (BTC)
The first and most popular cryptocurrency, often referred to as "digital gold." Bitcoin trading is supported by all major exchanges in 3Commas.
Break-Even
The point at which a trader's gains equal losses, resulting in no profit or loss. 3Commas bots can be configured to close trades at break-even to minimize risk.
C
Candlestick Chart
A visual tool in technical analysis that displays price movements over a specific time period. Candlesticks are used in 3Commas to identify trends and reversals.
Cryptocurrency
A digital or virtual currency that uses cryptography for security. Examples include Bitcoin, Ethereum, and Solana, all supported by 3Commas.
Custom Signals
User-defined triggers for bots to act on. 3Commas allows traders to use TradingView alerts or their own algorithms to create highly personalized strategies.
D
DCA (Dollar-Cost Averaging)
A strategy that reduces the impact of market volatility by spreading investments over time or price levels. 3Commas’ DCA bots implement this strategy to optimize entry prices.
Deal Start Condition
Predefined criteria for a bot to open a trade. Examples include price crossing moving averages, RSI thresholds, or TradingView alerts.
Demo Account
A risk-free simulation account provided by 3Commas, allowing users to test strategies and explore features without using real funds.
E
Exchange Connection
The process of linking a cryptocurrency exchange account to 3Commas via an API key, enabling automated trading and portfolio monitoring.
F
Futures Trading
Trading contracts that allow you to buy or sell an asset at a future date for a predetermined price. Futures on 3Commas support leverage and both long and short strategies.
Fast Connect
A simplified method of linking your exchange account to 3Commas via OAuth authentication, reducing the potential for manual input errors.
Grid Bot
A 3Commas bot that places buy and sell orders at set intervals, creating a "grid" of trades ideal for profiting in ranging markets.
G
Glossary
A dedicated Help Center section defining 3Commas-related and crypto trading terms, making it easier for users to understand technical concepts.
H
Hedge Mode
A feature in futures trading that allows traders to simultaneously hold both long and short positions on the same asset.
HODL
A term used in crypto slang that means holding an asset long-term despite market fluctuations, derived from a misspelling of "hold."
I
Indicator
A tool used in technical analysis to predict market trends. Examples include RSI, Bollinger Bands, and MACD, all integrated into 3Commas charts.
IP Whitelist
A security feature that restricts API access to specific IP addresses, ensuring only trusted sources can access your exchange accounts linked to 3Commas.