Use Paper Trading to test your crypto strategies without risk. any users who tried, how much did you invest and did you make any profit or loss? To complete the transaction, you must choose the amount of bitcoin you desire to swap with your Trading Bot. Moreover, more orders being placed does not necessarily mean better performance. Is Kucoin Trading Bot Reliable? Slowly build up your position, and you wont be panic if the price suddenly drops. ill try this one if you can answer me, i only remember the percent it was around 518%, so if you just put a 10 USD and times 518% that is my profit and minus the fee lmao if i am saying correct, but i did when doge pump lol. CaptainAltcoin.com 2022 - All Rights Reserved It is a passive approach to trading cryptocurrency and maximizing one's potential profit. Simple, easy-to-understand features may help even newbie day traders make money. Create an account to follow your favorite communities and start taking part in conversations. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Sign up with KuCoin, and start trading today! When the price drops into one of these grids, a buy order will be triggered; when it rises into another grid, a sell order will be triggered. It sounds simple and easy, but if you have experience in trading before, you should be aware that its the most challenging part. KuCoin Trading Bot | Made 41% Profit with Crypto Bot A trading bot is an automated algorithm that executes the strategies for you. Additionally, all API communication is encrypted with SSL and TLS 1.2 to keep your personal data safe from prying eyes. As a result, the robot can already be used for three different types of trading, with more in the pipeline, expected to come at some future date. In addition, the paper trading mode provided by CryptoHopper enables you to test your trading strategies and bots without risking your real money. It is an automated program that executes buy and sell orders when predetermined market conditions are met. Step 2: Choose "Trading Bot"--> "Futures Grid". Subscriptions to the platform are available at four distinct price points. The exchange has great liquidity and order execution is impeccable. KuCoin Trading Bot Adds AIPAD/USDT Trading Pair - KuCoin - Coincarp.com In the ranking page, you can find the top gainers and it is allowed to check their bot and copy it in a few clicks. To ensure passive income can indeed be earned, the BTC price range should be large enough so that small price movements wont force the bot to stop trading. Where do the trading bot profits go to? : r/kucoin - reddit Being a successful trader isnt easy, especially in the cryptocurrency space. The KuCoin Trading Bot solution provides numerous benefits to cryptocurrency traders, including convenience, efficiency, and powerful strategies. DCA is also good strategy since it automates away the boring part of buying a coin every time it dips in price. The founders were already in the finance field and had previously run iBox PAY and Ant Financial for a few years. In addition, the trade is entirely legal, and the bot is simple to operate. Kucoin Trading Bot Review Minimum Investment, Profitability, Results, Can You Lose Money With Crypto Trading Bots, What Is the Kucoin Trading Bot Minimum Investment, What Is The Best Kucoin Trading Strategy. Over the next few months, the bot has undergone slight modifications, and today it has six features. Once the target has been reached, you can have the bot either notify you or stop profit automatically. Quite a significant number of users engage in trading without previously learning all the basic rules and concepts. Since the bot is meant for novice traders, it does not have the ability to handle some of the more complex parameters that are common in more sophisticated bots. If you regularly check the news on Kucoins website, you might come across some rather lucrative offers. Over the first half of 2021, the exchange constantly kept working on the robot in order to boost its functionalities and features and make it useful to as many users as possible, regardless of which asset they wanted to trade on the platform. But Futures Grid has two unique features that can help investors make more profits. Like you can have the bot to make a rebalance every 12 hours, or once the percentage deviation is over say 2%. thats the easiest way to earn in this traidng bot imo, the AI grid most of the time, as i have no idea what price range i will put on them, This trading bot doesn't give us an entry or exit strategy, right? You can reach out to these services mainly on KuCoin and Pionex. These crypto trading softwares are driven by ai or user based parameters and available to anyone with a Kucoin acocunt. As of June 2021, this bot is only available on Binance, but the developer plans to include losses and other exchanges shortly. Spot Grid: CSIX/USDT, CSIX/ETH Martingale: CSIX/USDT, CSIX/ETH Infinity Grid: It's also possible to manage your exposure to different crypto trading pairs, by giving the bot specific amounts to use on different trading pairs. Using the trading bot with a third-party provider means you need to connect your exchange account with an API Key. After the creation of the Classic Grid Trading bot, KuCoin decided to also add support for Futures Grid, in order to help investors earn profits in yet another popular way. For instance, if you believe Bitcoin price will fluctuate between 30k and 40k in the following days, you can set the two prices as the price range of your Classic Grid. The bot may be used on both Android and iOS devices. 11 comments Best Add a Comment kucoin_moderator 1 yr. ago Trading Bots can "assemble and copy" repetitive tasks to help you easily execute trades. You can have only one account. . The launch of the KuCoin exchanges official trading bot has garnered much attention in the crypto sector. Kucoin is a popular cryptocurrency exchange that offers a trading bot service to its users. Step 3: Set parameters for your bot. Trading Bots are great for tracking and making the most out of market fluctuations, as they will continue to carry out. Yes. It is easy to start but it can be a bit hard to decide when to stop profit. Is it better or worse than most of its competition? In addition, a new trading bot, Bitsgap Futures, was recently released on the site, and it offers a safer way to earn from the futures market by generating little gains. You may trade on almost any of them at any given moment. The robot is really suitable for people who wish to trade in the Futures market but lack the experience!! In most cases, the market is fluctuating. If you shut the bot down to compound the money and restart the bot you shouldn't lose anything beyond the fee that is accessed when you shut down a bot. KuCoin is an established cryptocurrency exchange that offers a wide range of crypto assets and crypto-related services. This is not exactly a new strategy in the world of investments, and a lot of people are quite familiar with it. Especially the Futures Grid, I mean its easy dont you think? A: You'll receive daily KCS bonus rewards by holding at least 6 KCS in either your main, trading, or margin account and on Pool-X (unstaked/unlocked/tradable) and keep it for more than 24 hours. It buys at a low price and sells at a high price within a set price range. The repetitive task can be done with the tool here by the DCA bot. This is a robot that exploits the investment strategy known as Dollar-Cost Averaging. , in order to help investors earn profits in yet another popular way. As you all know, there are three main strategies that users can utilize in order to make a profit using the trading bot. Kucoin Trading Bot - Tips for Getting Started - Peer Through Media The robot is programmed to do everything on its own, from collecting data to making a forecast and then acting on those forecasts. Currently, the rebalance can be triggered on ratio or time per your settings. I initially transferred 300 just to test the waters and Im up 10% already, so it makes me wonder if Im able to add more funds to a bot that is already running, or would I need to stop the bot and create a new one with the additional funds, but at a higher entry point now????? A proof-of-concept thing for me.. KuCoins trading bot is ideally used on volatile trading pairs, in which the cryptoasset users pick is preferably moving up. According to KuCoin, it is a combination of Futures and Grid trading, which can bring grid profits for users when going long or short. Automate your trading with smart features. It just does putting in orders and closing them automatically based on the rules you set upfront. Above or below this range, the bot will stop trading. 278% (2 days GRT), 635% (28 days API3), and 125% (37 days CAKE) net APRs. Because of this, you don't have to spend a dime on any trading tactics. The fact that it is only several months old, however, means that changes and updates are very likely in the next few months. Other than Grid Trading Bot, Pionex supports 12 free trading bots for different investors with different risk-tolerant. Please make sure to do your own research, make educated financial decisions and consult your Financial Advisor. As long as your within the upper and lower ranges with small enough grids to capture the ups and down you make money. Unlike other platforms, it has the most advanced GRID Bot features including stop-loss, take profit, and trigger price. Secondly, leverages are supported on Futures Grid. Now the investors need to put some commands on the bot and sit back to relax. Like other crypto trading bots that rely on broad use rather than high customizability, KuCoin's features are rigid and not subject to considerable fine-tuning. Just as the name suggests, Futures Grid Bot is a combination of futures and grid trading, which can bring grid profits for users when going long or short. But Ill tell you how to increase this earning with the trading bot in the following sections. KuCoin Trading Bot - A Guide for Beginners - TrailingCrypto Before jumping into KuCoin Trading Bot, lets dive deep into the differences between others. The core of this strategy is to increase the total amount of assets while maintaining the portfolio percentage basically unchanged. I just realized the best strategy that works for me is the Futures Grid Trading Bot. In other words, you can deposit a few thousand dollars and then instruct the robot to buy $50 worth of BTC every day, or every other day, and slowly build up your position. Kucoin Auto Trading Bot - Blogger KuCoin releases their homemade trading bot. No matter how good the bot is, it will eventually increase the overall traffic on the platform. Now the investors need to put some commands on the bot and sit back to relax. has been up and running for some time. You'll have plenty of space to experiment and experiment freely with the free plan. Q #2) Are trading bots profitable? Only on Binance will you be able to utilize Bitsgap's futures trading bot starting in June 2021. KuCoin bots can be profitable if the trading strategies are efficient. For a lot of investors, there are only a few strategies that are right for them and fit their style. Britcoin: a Booster for the UKs Economy? It is easy to start but it can be a bit hard to decide when to stop profit. As a result, customers get access to Bitsgap's bitcoin trading signals as well. However, always remember that higher returns imply higher risks. However, it is also the safest way to trade, with the least amount of knowledge needed to optimize the robot and make it perform in accordance with what you need it to do.