Platnum Wiki
What is Platnum?
— Platnum is a browser-based trading terminal that puts charts, order entry, bots and alerts for many crypto exchanges in one place.
Platnum at a glance
— The short fact sheet for Platnum: what it is, who runs it, where it runs, and what it does and does not do with your money.
Start with test money
— Try Platnum with test money first: connect a testnet or demo account and place orders without risking real funds.
Connect an exchange account
— Connect an exchange account so Platnum can read balances and place orders on your behalf.
How Platnum keeps your keys safe
— Your exchange API keys are encrypted and kept on Platnum’s servers; the browser never holds them, and every signed request is made server-side.
What Platnum never does
— A plain list of what Platnum is built not to do: hold your funds, withdraw through its trading endpoint, or let its assistant place orders.
Create trade-only API keys
— How to create exchange API keys with only the permissions Platnum needs: read and trade, never withdraw.
How orders are protected
— Every order you place by hand goes through the same validation and a confirmation step before it is sent to your exchange.
Paper trading
— Paper trading runs strategies and bots on live prices with simulated money, so no real order is ever sent.
Grid and DCA bots
— Grid and DCA bots place buy and sell orders automatically by rules you set, either on paper or with real orders.
Paper bots vs live bots
— A paper bot simulates fills on live prices; a live bot sends real orders to your exchange account using the same settings.
The web app
— The web app runs at platnum.app in any modern browser: sign in and trade with nothing to install.
The desktop app
— The Platnum desktop app wraps the same terminal in an installer for your computer and updates itself.
Self-host with Docker
— Run your own copy of the Platnum terminal in Docker with one command; the container holds no keys and no data of its own.
The status page
— The status page shows live health for Platnum and the exchanges it connects to, and never shows green when it cannot tell.
Risk disclosure
— Trading crypto is risky. This page explains the main risks of using Platnum and why nothing in the wiki is financial advice.
Press and brand
— A short description of Platnum for writers and partners, the logo files, and the published contact address.
Kraken
— Kraken is an exchange you can connect to Platnum; this page lists its published facts and what Platnum has verified.
Coinbase Advanced
— Coinbase Advanced is an exchange you can connect to Platnum; this page lists its published facts and what Platnum has verified.
Gemini
— Gemini is an exchange you can connect to Platnum; this page lists its published facts and what Platnum has verified.
OKX
— OKX is an exchange you can connect to Platnum; this page lists its published facts and what Platnum has verified.
Binance US
— Binance US is an exchange you can connect to Platnum; this page lists its published facts and what Platnum has verified.
Bitstamp
— Bitstamp is an exchange you can connect to Platnum; this page lists its published facts and what Platnum has verified.
Binance
— Binance is an exchange you can connect to Platnum; this page lists its published facts and what Platnum has verified.
Bybit
— Bybit is an exchange you can connect to Platnum; this page lists its published facts and what Platnum has verified.
Alpaca
— Alpaca is an exchange you can connect to Platnum; this page lists its published facts and what Platnum has verified.
Robinhood
— Robinhood is an exchange you can connect to Platnum; this page lists its published facts and what Platnum has verified.
Pine compatibility
— Platnum runs a bounded subset of Pine on two engines; this page lists what each one supports, generated from the code.
Market order
— An order to buy or sell immediately at the best price currently available.
Limit order
— An order to buy or sell at a chosen price or better; it waits until the market reaches that price.
Stop order
— An order that only becomes active once the market trades through a trigger price.
Order book
— The live list of open buy orders (bids) and sell orders (asks) at each price.
Bid
— The highest price a buyer is currently willing to pay for an asset.
Ask
— The lowest price a seller is currently willing to accept for an asset.
Spread
— The gap between the best bid and the best ask in a market.
Market depth
— How much can be bought or sold near the current price before the price moves.
Liquidity
— How easily an asset can be bought or sold without moving its price.
Slippage
— The difference between the price you expected and the price an order actually filled at.
Fat-finger error
— A typing mistake in an order, such as an extra zero, that sets a price or size far from what was intended.
Base and quote asset
— In a pair like BTC/USD, the base asset (BTC) is what you buy or sell and the quote asset (USD) is what it is priced in.
Trading pair
— Two assets quoted against each other and traded together, written like BTC/USD.
Tick size
— The smallest price step an exchange allows for a market.
Lot size
— The smallest amount step an exchange allows for an order in a market.
Minimum order value
— The smallest order value (price times amount) an exchange accepts in a market.
Candle
— One bar on a price chart summarising the open, high, low and close for a period of time.
Volume
— The amount of an asset traded in a given period.
Ticker
— A snapshot of a market’s latest price, recent change and trading volume.
Maker fee
— The fee on an order that adds liquidity by resting in the order book until it is filled.
Taker fee
— The fee on an order that removes liquidity by filling immediately against resting orders.
Fee tier
— A fee level set by the exchange that usually falls as your trading volume over a period rises.
Centralised exchange
— A company-run exchange that holds user accounts and balances and matches orders on its own order book.
API key
— A credential an exchange issues so software can act on your account within the permissions you choose.
Withdrawal permission
— An API-key permission that lets software move funds out of the exchange account.
Two-factor authentication
— A second proof of identity, such as a code from an authenticator app, required on top of a password.
Sandbox
— An exchange’s test environment where orders use free test funds instead of real money.
Non-custodial
— Describes a service that never holds your funds; they stay in your own account or wallet.
Grid bot
— A bot that places buy and sell orders at set price steps inside a range and profits from price moving back and forth.
DCA bot
— A bot that buys in steps, usually as the price falls, and sells when a profit target is reached.
Combo bot
— A bot that buys in steps like a DCA bot and sells in several steps like a grid bot.
Strategy bot
— A bot that runs a Pine script bar by bar and places the orders its strategy calls for.
Backtest
— Running a trading strategy on past prices to see how it would have behaved.
Drawdown
— The fall from a portfolio’s or strategy’s peak value to a later low, usually shown as a percentage.
Realized profit and loss
— The profit or loss from positions you have already closed.
Unrealized profit and loss
— The gain or loss on a position you still hold, measured at the current market price.
Cost basis
— What you paid for an asset, including fees, used as the starting point for measuring profit or loss.
Position
— An amount of an asset you hold, or an open exposure to its price.
Stop-loss
— An exit placed to close a position if the price moves against it by a chosen amount.
Take-profit
— An exit placed to close a position once the price has moved in its favour by a chosen amount.
Pine Script
— TradingView’s scripting language for writing chart indicators and trading strategies.
Indicator
— A calculation drawn on a chart from price and volume, such as a moving average or the RSI.
Pine strategy
— A Pine script that places simulated entries and exits, so its results can be tested on past prices.
Series
— In Pine, a value with one entry per bar, such as the close or the output of an indicator.
Timeframe
— The period one candle covers, such as one minute, one hour or one day.
Volatility
— How much, and how fast, the price of an asset moves over a period of time.
Oscillator
— An indicator drawn in its own pane that moves within a bounded range, often to show momentum.
Support and resistance
— Price levels where a market has repeatedly stopped falling (support) or stopped rising (resistance).
Simple moving average
— The plain average of the last N closing prices, recalculated on every bar.
Exponential moving average
— A moving average that gives more weight to recent prices than to older ones.
Relative strength index
— A 0 to 100 oscillator that compares the size of recent gains with recent losses.
MACD
— An indicator built from the gap between a fast and a slow exponential moving average, with a signal line.
Bollinger Bands
— A moving average with an upper and a lower band set a number of standard deviations away.
Average true range
— The average size of recent bars including gaps, used as a measure of volatility.
Volume-weighted average price
— The average price over a period weighted by how much traded at each price.
Supertrend
— A trend-following indicator built from the average true range that flips between a support line and a resistance line.
Crossover
— The moment one series moves from below another to above it, for example a fast average crossing a slow one.
WebSocket
— A persistent connection that lets a server push updates, such as live prices, without being asked each time.
REST API
— A request-and-response interface where software asks an exchange a question and gets one answer.
Rate limit
— A cap on how many requests an exchange accepts from one client in a window of time.
“Insufficient balance for this order.”
— The exchange refused the order because the account does not have enough free funds for it.
“Order rejected: …”
— The exchange refused the order and gave a reason, which Platnum shows after “Order rejected:”.
“This market is not available.”
— The exchange does not recognise the market the order was sent for.
“Order rejected — invalid parameters.”
— The exchange refused the order because part of the request was not valid for that market.
“Duplicate order — it may already be submitted.”
— The exchange saw an order with the same client id again and refused the second copy.
“Exchange is temporarily unavailable. Please try again.”
— The exchange reported that it is down for maintenance or cannot take requests right now.
“This market is currently closed.”
— The market is not open for trading right now, so the exchange refused the order.
“Authentication failed — reconnect your exchange account.”
— The exchange did not accept your API key, or the key is missing a permission the request needs.
“Too many requests — wait a moment and retry.”
— The exchange refused a request because too many were sent in a short time.
“Network error reaching the exchange. Please try again.”
— The request to the exchange did not complete: a timeout or a connection problem.
“Amount rounds to zero at this market’s precision.”
— The amount entered is smaller than the smallest step the market allows, so it rounds down to nothing.
“Order total is below the … minimum.”
— The order’s total value is smaller than the exchange’s minimum for this market.
“Rejected by the exchange”
— The status panel shows this against a key the exchange refused during this session.
“Missing a permission”
— The status panel shows this when the exchange refused an action because the key lacks a permission.
Desktop changelog
— What changed in each Platnum Terminal desktop release, newest first, taken from the project changelog.