Risks & FAQ
AI agent trading on Bitnxs is experimental and executes real orders on your live account. LLMs can be confidently wrong: the agent is instructed to always take a decisive position and avoid hedged language, so a confident tone is not evidence of a good trade. Keep Analysis mode on, check every action and size positions so a mistake is affordable.
What are the main risks?
Section titled “What are the main risks?”- Real money, test build. Confirmed orders go to the live exchange.
- Wrong or overconfident calls. The agent’s instructions require a direct long / short / wait answer and forbid words like “may” or “perhaps”.
- Full-auto mode executes proposed actions, including orders, without confirmation.
- No automatic stop-loss. The agent cannot set TP/SL; a position it opens has no stop unless you add one. See Order types & TP/SL.
- Partial batches. Batched orders are sent one by one; some can fail while others fill.
- Leverage and liquidation. The agent keeps your current leverage but positions can still be liquidated. See Liquidation.
- Key exposure. Your LLM API key is stored in the browser; an API key leaked from your own bot can trade (but not withdraw).
Is the Bitnxs AI agent free?
Section titled “Is the Bitnxs AI agent free?”The agent panel is part of the app. You pay your LLM provider for usage with your own API key, and normal trading fees apply to any fills.
Which AI models can I use?
Section titled “Which AI models can I use?”Any model served from an OpenAI-compatible /v1/chat/completions endpoint that supports streaming. The default is OpenAI gpt-4o-mini.
Will the agent trade without my permission?
Section titled “Will the agent trade without my permission?”Not in Analysis mode (the default): every action waits in Pending actions for Confirm & execute. In Full-auto mode, yes.
Can the AI change my leverage?
Section titled “Can the AI change my leverage?”No. There is intentionally no leverage action; it varies position size instead.
Can the AI withdraw my funds?
Section titled “Can the AI withdraw my funds?”No. The agent has no withdraw or transfer action, and Bitnxs API keys have no withdrawal permission.
Can it place market orders or cancel orders?
Section titled “Can it place market orders or cancel orders?”No. It places limit orders only and cannot cancel or modify them; do that in the order panel.
Does the agent see my positions?
Section titled “Does the agent see my positions?”Yes. Each turn it receives your balances, positions, open orders, the count of active TP/SL orders and market data.