FAQ
Flpbit is software hosted in the cloud that buys and sells Ether for a profit on your behalf. With over two years of development, our algorithm knows exactly when to make a trade for you day and night.

Performance and security is our highest priority, for that reason we house Flpbit in the Amazon Cloud. Have peace of mind knowing that your data is protected by the largest Cloud currently available.
GDAX is the most trusted cryptocurrency exchange backed by top investors including the New York Stock Exchange, Andreessen Horowitz, Union Square Ventures, and more. GDAX offers trading for the most popular digitial assets including: Bitcoin, Ether and Litecoin.

GDAX undergoes regular IT security and financial audits as well as all USD balances are covered by FDIC insurance, up to a maximum of $250,000 per customer.

To learn more, please visit www.gdax.com.
No. Unfortunately this will affect the trading bot.

You must not manually sell, buy or transfer coin into or out of your GDAX account, you must only transfer using your USD/EUR balance.
Flpbit actively monitors the Ether market in search of favorable conditions. Periodically Flpbit will place buy and sell orders when calculations result in a profit.

Earning a profit is unpredictable due to market volatility but it is common to earn a profit regularly.
Flpbit is free to join. A 20% fee is charged on profit earned. An invoice is billed on the 1st of each month.
  • Trading will be disabled if an invoice is not paid within 7 days.
  • You will not be sent an invoice until you earn a minimum of $25 profit.
There are a few reasons why trading would stop:
  • GDAX has closed the exchange for maintainance.
  • You may have an overdue payment. To reinstate trading, open the Flpbit app on your smart phone and navigate to 'Billing' within the main menu. You will see a list of invoices, any invoice that requires payment will display a 'PayPal' button. Click on the 'PayPal' button to complete your payment.
Transferring funds into GDAX may take up to 5 business days or longer depending on network conditions. We appreciate your patience while you wait. Flpbit will begin trading on your behalf the moment your transfer completes.
No, Flpbit only computes data, GDAX is the instution that holds your funds. Have peace of mind knowing that GDAX is the most trusted digital asset exchange currently available.
When you refer a friend to Flpbit, you will earn 1% of the profit your friend earns. Tell as many friends as you like.
  • Commission is earned when your friend pays their invoice due
  • Accrued commission is paid every Monday
  • Minimum payout is $5
  • If minimum isn't reached, accrued commission rolls over until minimum is reached