Veles — cloud platform for cryptocurrency trading automation. Allows creating trading bots without programming, testing strategies on history, and running them 24/7. If you’re just getting started with automation, we recommend reading our introduction to algo trading first.
For whom: Traders with small capital (from $10) who want to automate trading without learning programming.
What is Veles
Veles Finance is a SaaS (Software as a Service) platform for cryptocurrency trading automation. No need to install software, configure servers, or write code — everything works in the cloud.
Main idea: Make algo trading accessible for traders with any capital from $10.
Key Features
- Grid bots — buy/sell order grid within a specified range
- DCA bots — position averaging on price movement
- Futures bots — leveraged trading (long/short)
- Backtests — historical data trading simulator
- Ready-made strategies — community settings library, showcase of ready bots
- Telegram bot — notifications and monitoring
Supported Exchanges
| Exchange | Spot | Futures | Status |
|---|---|---|---|
| Bybit | ✅ | ✅ | Official integration |
| Binance | ✅ | ✅ | Full support |
| OKX | ✅ | ✅ | Full support |
| Bitget | ✅ | ✅ | Full support |
| HTX (Huobi) | ✅ | ✅ | Full support |
| Gate.io | ✅ | ✅ | Full support |
| BingX | ✅ | ✅ | Full support |

Important: Veles does not store funds — trades go directly through your exchange via API keys.
How Veles Works
Architecture
You → Veles (cloud) → Exchange (API) → Order execution
↓
Backtests, statistics, notifications
- Registration: Create Veles account (affiliate link)
- Exchange connection: Add API keys (trading only, no withdrawal!)
- Bot setup: Choose bot type, strategy, parameters
- Launch: Bot starts trading 24/7
- Monitoring: Watch via web interface or Telegram bot

API Keys Connection
API Keys Requirements:
-
Permissions:
- Spot: Spot market trading
- Futures: Futures trading
- Withdrawal: ❌ NOT needed (disable!)
-
Security:
- Save secret key on creation (shown only once!)
- Use Veles trusted IPs (if exchange requires)
- Choose “Veles” app on key creation (lifetime access)
-
Veles IPs:
5.9.195.106-110, 5.9.200.58-62, 88.198.100.162-166
Important: One connection can be used in multiple bots.
Veles Bot Types
Veles supports two main types of trading bots:
1. Grid Bots
Principle: Buys low, sells high within a specified range.
How it works:
- You set price range (min/max)
- Veles places buy and sell order grid
- On price movement, bot locks profit on each grid
Settings:
- Price range (min/max)
- Number of grids (5-100)
- Position size per grid
- Stop-loss (optional)
- Take-profit (optional)
For whom: Sideways market (flat), high volatility.

2. DCA Bots (Averaging)
Principle: Buys at regular intervals or on price drop. Learn more about averaging strategy in our DCA crypto guide.
How it works:
- You set base purchase amount
- Bot buys at specified intervals (time or % drop)
- On price growth, locks profit
Settings:
- Base purchase amount
- Interval (time or % drop)
- Multiplier (increase purchase on drop)
- Take-profit (when to lock profit)
For whom: Long-term investments, position accumulation.
3. Futures Bots
Principle: Leveraged trading (long/short).
Settings:
- Direction (long/short)
- Leverage (2-20x)
- Position size
- Stop-loss / Take-profit
Risks: High! Can lose more than deposit with improper risk management.
For whom: Experienced traders, position hedging.
Ready-Made Strategies Veles
Veles provides a showcase of ready-made strategies — bot settings that can be copied and launched without deep understanding of indicators.
Examples from our blog:
1. Prisma 5.5
Description: High-frequency strategy for volatile altcoins. Uses oscillator combination for oversold entry.
Indicators:
- RSI (Relative Strength Index)
- Stochastic RSI
- CMO (Chande Momentum Oscillator)
Settings:
- Timeframe: 15 minutes
- Deposit: from $10
- Risk: moderate (diversification across 10-20 pairs)
For whom: Traders who want to automate trading on volatile altcoins.
2. Elder 2.0 (Spot)
Description: Spot strategy based on three filters: trend, momentum, volatility. Named after Alexander Elder.
Indicators:
- MA (Moving Average) — trend filter
- CMO — momentum
- ATR% — volatility
Settings:
- Timeframe: 1 hour
- Deposit: from $10
- Risk: low (spot only, no leverage)
For whom: Conservative investors who want to earn on volatility without futures risk.
Backtests
Veles provides historical data trading simulator — you can test a strategy before launching with real money.

How backtests work:
- Choose strategy and parameters
- Specify testing period (e.g., 30 days)
- Launch simulation
- Get statistics: profit, drawdown, win rate

Important: Backtests show how strategy would have worked in the past, but don’t guarantee future returns.
Fees
Veles Fees
Veles has no subscription fee. You pay only profit commission:
| Parameter | Value |
|---|---|
| Fee | 20% of trade profit |
| Maximum | 50 USDT per month (spot + futures separately) |
| Minimum | $0 (if bots don’t make profit) |
Example:
- Monthly profit: 100 USDT
- Veles fee: 20 USDT (20%)
- Net profit: 80 USDT
If bots are unprofitable: Fee is not charged.
Fee Payment
Available cryptocurrencies:
- BTC (Bitcoin)
- TRX (Tron)
- MATIC (Polygon)
- BNB (Binance Coin)
- USDT (Tether)
- USDC (USD Coin)
Bonuses:
- Up to 5 USDT for completing tasks (API key creation, subscriptions, etc.)
Pros and Cons Veles
Pros
| Advantage | Description |
|---|---|
| No subscription fee | Fee only on profit (20%, max $50/month) |
| Low entry threshold | Can start from $10 |
| Simplicity | Interface clear for beginners, no code needed |
| Cloud | No need to keep PC on 24/7 |
| Backtests | Can test strategy before launch |
| Ready strategies | Community settings showcase |
| Telegram bot + mobile apps | Notifications and monitoring 24/7 |
| Multi-exchange | 7+ exchanges in one platform |
Cons
| Disadvantage | Description |
|---|---|
| Centralization | Veles dependency (if servers down — bots don’t work) |
| Limited functionality | No complex strategies (like in Python) |
| 20% Fee | Can be high with large profit |
| Mobile app | Basic functionality (setup via web) |
For Whom Veles
✅ Suitable if:
- Want to automate trading but can’t program
- Deposit: from $10 (minimum for bot)
- Trade on spot or futures with moderate leverage (up to 5x)
- Ready to pay 20% of profit (max $50/month)
- Want to test strategies on history
❌ Not suitable if:
- Can program in Python (better write own bot)
- Deposit < $10 (not enough to launch bot)
- Need complex strategies (HFT, arbitrage, ML)
- Don’t trust cloud services (want full control)
8. Mobile App
Veles has mobile apps for Android and iOS — launched in January 2026 with push notifications support.
Features:
- View active bots and statistics
- Push notifications on trades and events
- Duplicate notifications from Telegram bot
- Monitor profit and losses

Limitations:
- Basic functionality (bot setup via web interface)
For whom: Traders who want to monitor bots 24/7 without constant PC access.
Veles Alternatives
| Platform | Pros | Cons | For whom |
|---|---|---|---|
| Gainium | Free up to 2 bots, simple interface | Fewer features, no futures | Beginners, test |
| Ginarea | Visual builder, futures | Fewer exchanges, no backtests | Advanced |
| 3Commas | Many features, mobile app | Expensive ($20-100/month), complex backtests | Experienced |
| Python + CCXT | Full freedom, free | Need code, server setup | Developers |
FAQ
How much money to start?
Minimum: $10 (minimum for bot).
Optimal: $100-500 for comfortable trading.
Can I lose more than deposit?
On spot — no (max -100% of position).
On futures — yes, with leveraged trading and no stop-loss.
Does Veles work in Russia?
Yes, Veles is available in Russia. Exchanges (Bybit, Binance) also work with restrictions.
Do I need to pay taxes?
Yes, cryptocurrency trading profit is taxed (13% for Russia residents). Veles provides export for accounting.
Is it safe to trust API keys to Veles?
Yes, if keys are for trading only (no withdrawal). Veles can’t withdraw funds — only trade.
What are Veles fees?
20% of trade profit, maximum 50 USDT per month (spot + futures separately). If bots don’t make profit — fee is not charged.
Try Veles
Register on Veles and start automating trading today.
Affiliate link: registration gives benefits to both us and you.
Sources:
- Veles Finance — official documentation
- Forklog — Veles Platform Review
- Veles community (Telegram, forum)
Disclaimer
This blog is for informational purposes only. It does not constitute financial or investment advice.
Trading cryptocurrencies and other financial instruments involves high risk. You may lose all your funds.
The author is not responsible for any financial losses resulting from the use of information from this blog.