On the one hand, you can always stick to your expected portfolio percentage, on the other hand, the amount of your tokens will grow through rounds of rounds of rebalance. A proof-of-concept thing for me.. But Futures Grid has two unique features that can help investors make more profits. As mentioned, KuCoins trading bot currently supports two settings. Set up a Bot using the methods below to start earning passive income right now. But, how useful will it be for an average trader? Classic Grid: Make Passive Income By Buying Low & Selling High. You can always just disable to bot and sell it off as usdt, giving you the total profit, wait til it hits bottom and redo the bot, that way you keep the profit and reinvest at the bottom making you more money. 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. Here are my results on the KuCoin Trading Bot. KuCoin Trading Bot is a free trading tool that can help users save time and energy while improving their profit. It is equivalent to configuring a 24/7, all-around bot butler for your trading strategy. Create an account to follow your favorite communities and start taking part in conversations. 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. The KuCoin trading bot is free to use for any registered user on KuCoin. The KuCoin trading bot can be your center of interest as the platform itself develops it and is completely free. No matter how good the bot is, it will eventually increase the overall traffic on the platform. Then the bot will arbitrage for you within the interval. The KuCoin Trading Bot is a trading tool that. I've been trying a 50/50 rebalance bot with paxg and btc for a while. a. I want to see other peoples experience about it as well. By contrast, the original GRID only allowed for trading on the spot market. They are as follows: When it comes to crypto assets, the bot supports pretty much all the coins that the platform itself supports. Essentially, all that the user needs to do is deliver the funding to the robot, and then instruct it to purchase a certain amount of their chosen cryptocurrency in a specific time interval. Most bots running for a couple of days will result in a nice grid profit. Everything You Need to Know about Bitcoin Halving. A trading bot is an automated algorithm that executes the strategies for you. In most cases, investors are unable to react quickly enough to these price changes in order to carry out the most profitable trade. However, this problem has been solved with the development of crypto trading bots. We only charge transaction fees per trade, just like any other form of trading on other markets. Much better to stay over 1% profit minimum. There are no costs involved, except those fees already being charged by the KuCoin crypto exchange market. 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. CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. Haasbot Review: Is this the best cryptocurrency trading bot? Sounds simple, isn't it? Step 1: Install KuCoin App Download and install KuCoin App, then locate "Spot Grid" on the homepage. 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As most of us can hardly predict the real dip of the market, DCA can help optimize our average entry price in most cases. The Futures Grid Bot can be used by investors who want to go short, as well as those who wish to go long, or even by those who want to increase their profits by trading with leverage. KuCoin charges rock-bottom fees and supports trading in a huge range of cryptocurrencies. 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. Step 1: Choose a contract Step 2: Choose long or short. This one has a good pattern to use and maybe practice before jumping to something more volatile. The Min and Max price points determine the lowest and highest price the bot will buy the cryptoasset at. KuCoin AMA With Pocket Network (POKT) Accelerating the Future of Web3 Infrastructure. Start trading On website Bitsgap Highlights Currently Im running 5 bots. (Classic Grid running page provided by KuCoin user). On the off chance that you feel like your total profit is great and the market might plummet. How Many Crypto Bots Can I Have at the Same Time? Dear KuCoin Users,To enrich the variety of assets available, KuCoin Trading Bot has added IGU/USDT and IGU/BTC trading pairs.New assets added to the Trading Bots. Spot Grid:IGU/USDT, IGU/BTCMartingale:IGU/USDT, IGU/BTC Infinity Grid:IGU/USDT, IGU/BTC DCA:IGUStart creating a Trading Bot to p. has been up and running for some time. The exchange has great liquidity and order execution is impeccable. Perhaps only one of the mentioned strategies will work with you, and perhaps none will. 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 expect a response from the support staff within a week. The trading bot plays no magic here. So far, there are three main strategies that users can utilize in order to make a profit, namely: Classic Grid trading, or spot trading, is a well-known and very simple trading strategy that seeks to make a profit from market fluctuations by positioning buy and sell orders. In fact, many have been doing it manually for a long time. With the KuCoin Trading Bot, you do not lose sleep monitoring the market every time, all you need to do is set your trading strategies and the bot sells at your ideal . Meanwhile, the average individual investor only underperforms a market index by 1.5% a year, which would mean that most traders would be better off buying ETFs tracking market indices. Automate your trading with smart features. Rewards will be provided to users who inform us of the above. Let's say that is has been 5 days and it's earning less than 10%, but is profitable. 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. It profits from the spot market and futures market without worry about price volatility. Whether youre a beginner or an experienced trader, this Kucoin trading bot review will provide valuable insights into the features and capabilities of this service. Smart Rebalance can assist holders to further increase their returns. This is also one of my ways to make a profit, KuCoin trading bot its a great features of kucoin. Let's take a closer look at each of the fivetrading techniquesoffered by the KuCoin bot. The platform has been operational for more than three years without any major issues that resulted in customer losses. Altrady is the most advanced trading platform, with its multi-exchange capabilities to integrate over 17 exchanges including ByBit, Binance, FTX, KuCoin, and more.It's been developed by traders for traders and offers advanced trading features like Portfolio Management, OCO, Trailing Stop orders, and many many more features. Secondly for choosing a pair, go to grid bot, click BTC and then click volatility (from highest to lowest). It sounds simple and easy, but if you have experience in trading before, you should be aware that its the most challenging part. The bot waits for these price points to be reached, so it can either buy the cryptoasset low, or sell it high. You may trade on almost any of them at any given moment. Kucoins bot is a perfect source of passive income. 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. First make sure you are using Coin/BTC pair and NOT Coin/USDT pair. What is Metaverse.Network & Bit.Country (NEER) and How Does it Work? It's a good idea to review the numerous strategies that have already been described in this piece. As long as you are familiar with this bot, you can also customize the parameters to try your preferred settings. 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. Mudrex, the trading bot provider, has more than 10,000 investors and more than 200 indicators on its platform. What are you thinking you will lose by stopping the bot to compound your money. Your are running bots per account. However, this strategy can be quite a hassle if users need to purchase cryptocurrencies on a daily basis. The KuCoin trading site, on the other hand, is well-known, and its bot is secure and lawful to utilize. I know classic grid and dca, haven't tried the futures grid cause remind me of leveraging lol saw the % apr there and its super high. A ticket may be sent if you still have questions or concerns. Recently, the KuCoin Trading Bot has introduced its latest trading strategy called the Smart Rebalance. It turns out to be good, with my prediction with the Bitcoin price goes up. However, a user must still give some input into what they believe the market direction will be (up, down, sideways) in order for the bot to execute a profitable strategy. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com, You are limited to one Kucoin bot application per device. Naturally, the bot is limited to KuCoin only, with no other cryptocurrency exchanges supported. All things considered, the great majority of negative experiences are caused primarily by a lack of knowledge about crypto trading. Reward amounts will be determined based on the type and relevance of the information provided. In the end, every investor has their own style and preference with trading, and if you dont, that only means that you didnt spend enough of your time doing research. Create Bots in mid 2021, KuCoin Trading Bot has been going for quite a while. KuCoin trading bot is KuCoins new feature which provides trading bots within the exchange itself. Is it better or worse than most of its competition? 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. I have 3+ years of experience in trading bots, especially the grid trading bot. It is another useful tool after Classic Grid, DCA, and Futures Grid to help users gain profits during market volatility. You should be aware that trading bots might cost you money, which is something to keep in mind. If the price of a cryptoasset is surging or plunging, it may be more profitable to just hold a long or short position. Powerful, AI-powered crypto trading bot to help you save time, trade 24/7, and automate your trading. The robot is really suitable for people who wish to trade in the Futures market but lack the experience!! Kucoin bots are free and very powerful. A cryptocurrency trading bot Kucoin is a computer program that automatically or partially automatically buys and sells different types of cryptocurrencies at a certain time, either at the initiative of the trader or according to the algorithm of the program itself, in order to make a profit. Kucoin bot is a trading robot that helps to maximize trading profit and reduce human errors in the trading markets. Please note that some links on CaptainAltcoin.com are affiliate links. The bot automatically sets a number of buy and sell orders and as the price fluctuates the order will get executed resulting in a profit. How to set Auto parameters? Press J to jump to the feed. For more info about Classic Grid, check the tutorials for, b. DCA (Dollar-Cost Averaging): Lower Your Average Entry Price Via Continuous Investment, DCA is a quite mature strategy in the finance world, and it works best in the initial stage of a bull market. DCA stands for dollar-cost averaging and simply sees the bot help you dollar-cost average your investments into a specific cryptocurrency. Network: Buy Bitcoins Instantly Using Debit/Credit Card, Buy Bitcoin Anonymously (without Verification or ID), Earning Passive Income With Kucoins Trading Bot. Timing is important when it comes to trading, and each of your trades will have a huge impact on the potential profit. I was a beginner in crypto when I found KuCoin. These crypto trading softwares are driven by ai or user based parameters and available to anyone with a Kucoin acocunt. Wed recommend trying out the bot with a small amount first, until you find a winning strategy. It's tough to sit in front of a computer screen and digcrypto chartsall the time to make a profitable trade. Pros and cons of using a bot KuCoin also offers peer-to-peer, margin, and futures trading. Furthermore, it allows you to trade in many markets simultaneously while limiting your risk by distributing all of your money across different techniques. As long as your within the upper and lower ranges with small enough grids to capture the ups and down you make money. The robot is also suitable for users who do not want to be exposed to high risks, or those who wish to trade in the futures market but lack the experience. Here are some features that the KuCoin trading bot offers to its users. Using this bot requires that you provide Bitsgap with API credentials for your cryptocurrency exchange to conduct a withdrawal on your behalf. It just does putting in orders and closing them automatically based on the rules you set upfront. This is nothing new in the crypto industry, and it all revolves around simple, but fully automated, placing of buy orders when the price of your preferred token goes down or placing sell orders when it goes up. This item has acquired significant consideration and premium concerning whether in a bullish, negative, or violent market, it can offer a similar comfort, efficient, speed, and knowledge that make it stand apart from the horde of existing exchanging bots. For instance, in the extreme unilaterally rising market, the trading bots will not miss profit; in the unilaterally falling market, they can help reduce user losses and further reduce investment risks. From there on, it all depends on the behavior of the crypto markets. There is no minimum investment, but some bots make no sense starting if the investment is not at least $50. Using trading bots for trading of bitcoin (or any other cryptocurrency) is really fun! The Kucoin bot first saw the light of day in early 2021, and at the time, it had only three basic features. Its one of the most complicated parts and always having trouble when the traffic is high. Imagining you are bullish for Bitcoin in the long run and want to spend 5% of your monthly income into it, previously you have to make the purchase manually every month while with the help of DCA bot, things will become so much easier. It helps you to place pairs of buy and sell orders and profit from the price volatility. Keep track of your thoughts about the market. Affiliate partners cannot pay CaptainAltcoin to guarantee favorable review or higher ratings on the website. It's tough to tell a future for sure since the bot is constantly upgraded with new features. The trading bot has its own help center inside KuCoin. Thats what I do most of the time specially on Grid trading. Dont want to go to much in depth but pretty much with Coin/BTC you dont have as much impermanent loss and you increase your BTC amount which is what matters as if you have more BTC you have more USDT. Verify all our Trade Statements and be a part of the every growing Crypto trading Signals channel on Telegram in 2023 Free Binance Futures, Bybit, Bitfinex, Kucoin, WazirX, Coinswitch, CoinDCX & Bitmex Crypto signals on Telegram with an around 80-90% accuracy. While using a trading bot can monitor market holdings on your behalf and execute trades 24 hours non-stop. Other bot providers, for example, charge a monthly fee for their services. Start free trial Try on a PRO plan free for 7 days, pick a plan later To do so, one needs to not only thoroughly understand how the market works, but also keep up with new events new projects, and other developments. Therefore, Kucoin has introduced its trading bot, available to all its users. Everything else is done by the AI. Telegram users may now utilize the CryptoHopper signaling bot provided by the program. A smaller number will see the bot buy after a significant drop, and sell after a surge. Subscriptions to the platform are available at four distinct price points. With this strategy, you wont miss the whole bull market even the price exceed your upper limit. Rewards will be provided to users who inform us of the above. Configuration Signup Kucoin ( Referral url: https://www.kucoin.com/#/?r=1w3Kd ) Enable Google 2-Step Authentication Go API Center, https://www.kucoin.com/#/user/setting/api Create New Key Rename config.sample.py to config.py Get an Key and Secret, insert into config.py Cryptocurrency is defining a new era of currency transactions. Markets are just data of prices of a currency with time. Once you've determined how much you'd want to earn, click "Confirm" to get started. Starting the bot isnt too difficult, especially if we have in mind that it supports only the features that were already available on Kucoins website. Its performance, therefore, depends primarily on the settings you choose and on the movements of the market during the chosen period.As we already mentioned, the bot is made for traders who dont have much experience, and it doesnt support certain complex settings common for more sophisticated bots. The launch of the KuCoin exchanges official trading bot has garnered much attention in the crypto sector. Apart from buying, selling, and trading crypto, you can also stake it on the network to earn a commission. Hi, i am a kucoin user, i was always curious about trading bot, but i never tried as i only invested and traded in little amount, i wanted to try once, but i wanted to know is it really worth trading using a bot. It means that if you think Bitcoin price will go down, you can also implement grid trading via Futures Grid on KuCoin Trading Bot. What are the risks of using KuCoin Trading Bot? This unofficial subreddit is set to discuss the newly launched KuCoin Trading bot. Like other trading bots, KuCoin's trading bot is entirely safe and secure to use in a production environment. KuCoins trading bot is currently available on its mobile application and currently has two settings: the Classic Grid and DCA.. Yes. It is equivalent to configuring a 24/7, all-around bot butler for your trading strategy. Advanced traders and crypto investors can leverage advanced orders like real-time charting, limit orders, stop-loss to earn more from crypto trading bots. Bitsgap also offers a Futures trading bot with a minimal risk threshold. In this blog post, we will walk you through the four amazing bots and help you find the ones that suit you most. This is not financial advice. The purpose of creating KuCoin is to offer easy access to digital currency for every person worldwide. Click Here to download the latest version of the KuCoin App and hope you can enjoy the trading experience with KuCoin Trading Bot. CryptoHopper, a one-stop-shop platform, offers a variety of services, including trading bots, exchange arbitrage, copy trading, backtesting, strategy design, and more. Assuming that you want to allocate 40% of your fund to BTC, 30% to ETH and 30% to KCS, if you are simply holding, the value of these tokens may change over time and the portfolio percentage will soon no longer be 40% - 30% - 30%. 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. comments sorted by Best Top New Controversial Q&A Add a Comment kucoin_moderator Additional comment actions That's a choice you need to make. Determine efficiency of your trading strategy. Traders will have more time to enjoy life and do what they like, knowing that their crypto trading portfolio is working on their behalf." Everything About the Ethereum London Hard Fork Update with EIP-1559 | Will This Impact The Price of ETH? Diversifying your sources of income is one of the first stops on the road to financial independence. The only trading fee you will have to pay are the ones that are already charged by the Kucion crypto exchange. The best free crypto trading bot in 2022, as found in our independent testing, is Pionex! Lets say your portfolio percentage has changed from 40% - 30% - 30% to 45% - 30% - 25%, the bot will then sell some Bitcoin to reduce its percentage from 45% to 40%, meanwhile buy some KCS to make it back to 30%. The KuCoin Trading Bot solution provides numerous benefits to cryptocurrency traders, including convenience, efficiency, and powerful strategies. Using the trading bot right on the exchange, you wont need to connect the API keys, ensuring a more stable and sustainable environment to execute your trading strategies. In fact, I'm also into trading bot, but more on DCA and classic grid only. The KuCoin app, through which you can use the bot, is available on app stores and can be directly downloaded here. 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. It's a scam bot that takes users money that dont use it !! In addition, the trade is entirely legal, and the bot is simple to operate. And, if something is perfect for rookies and newcomers, it is usually frowned upon by more experienced crypto traders.