Bitsgapis a well-known trading bot that can be downloaded for free. Infinity Grid Bot doesnt have an upper limit, which means youll never sell all your coins even when the price surges a lot. KuCoin has a good reputation in the industry at this time. You can use your coin as collateral for using the margin grid bot. DCA is a quite mature strategy in the finance world, and it works best in the initial stage of a bull market. KuCoins trading bot is ideally used on volatile trading pairs, in which the cryptoasset users pick is preferably moving up. So it doesn't do any technical analysis. Here are my results on the KuCoin Trading Bot. The one is "Auto", and another way is "Customize". But they're all just a few hundred bucks gambled. KuCoin AMA With Pocket Network (POKT) Accelerating the Future of Web3 Infrastructure. The answers to these and many other interesting questions lie in front of you. However, this strategy can be quite a hassle if users need to purchase cryptocurrencies on a daily basis. with the flow of the market. Trading Bots can "assemble and copy" repetitive tasks to help you easily execute trades. Once you find it, you can increase the amount being invested if you are comfortable with the trading bots performance. It supports over 25 different trading platforms (including but not limited to Poloniex and Binance). Get notified when coins are being delisted, KuCoin Trading Bot Review: A Future of Easy Yet Profitable Trading, Need a monthly subscription to access all features, Mobile App equipped with almost all features, No hidden fees apart from monthly subscription, Strategies can be created by simply drag and drop process, Don't require connecting with the third party, It offers a long list of coins for trading. 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. Here are the three best options you should rely on for trading on the KuCoin platform. Using trading bots for trading of bitcoin (or any other cryptocurrency) is really fun! Setting up the bot, we have two main options to choose from: a minimum and maximum price in which the trading bot will operate, and a number of orders to be placed. Assuming that you want to allocate 40% of your fund to BTC, 30% to ETH and 30% to, For more info about Smart Rebalance, check the tutorials for. In addition, it may be used for DCA, smart rebalancing, and the like. If you are to use the trading bot, theres a discussion group on Telegram with users trying to find the best possible strategies. The KuCoin Trading Bot is a trading tool that. The KuCoin trading bot is free to use for any registered user on KuCoin. Being a successful trader isnt easy, especially in the cryptocurrency space. , Classic Grid works by selling high and buying low to gain profits in a specific price interval. What are the risks of using KuCoin Trading Bot? 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. Beginners who don't need anything complicated may use the KuCoin trading bot. In DCA, or dollar-cost averaging, funds are divided and invested by computer programs following a predetermined time cycle. If you are new to Classic Grid, it has two features to help you get started easily. So you have tried it already too? If you hang on a few days I've been trying it out with ustc with great success. Apart from buying, selling, and trading crypto, you can also stake it on the network to earn a commission. Upon Classic Grid Bot, there are more advanced Grid Trading bots on Pionex. Kucoin is a popular cryptocurrency exchange that offers a trading bot service to its users. This product has gained considerable attention and interest as to whether in a bullish, bearish, or turbulent market, it can offer the same convenience, time-saving, speed, and intelligence that make it stand out from the crowd of existing trading bots. This post doesn't have any thought behind it. The correct expectation is that the bot helps you minimize the risks and eliminate human error and emotional decisions. You can edit parameters, increase investment, copy other traders and do backtesting on any pair. I've been trying a 50/50 rebalance bot with paxg and btc for a while. The way a Futures Grid Bot works is similar to a Classic Grid Bot, both of them can make passive income by buying low and selling high. Step 1: Download the KuCoin app here. Once the target has been reached, you can have the bot either notify you or stop profit automatically. This is not financial advice. In a sense, grid trading is to buy low and sell high between two tokens, while Smart Rebalance is to do so among all the tokens in your portfolio. KuCoin Trading Bot | Made 41% Profit with Crypto Bot A trading bot is an automated algorithm that executes the strategies for you. Diversifying your sources of income is one of the first stops on the road to financial independence. However, KuCoin has few built-in trading bots, such as Grid bots for both spot and futures markets and a DCA bot. They have the Classic Grid, Futures Grid and DCA. The launch of the KuCoin exchanges official trading bot has garnered much attention in the crypto sector. 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. Grid trading is the basic type of trading, and so it is something that can easily be handled by KuCoins trading bot. The only trading fee you will have to pay are the ones that are already charged by the Kucion crypto exchange. 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. A crypto trading bot is not a get-rich-quick solution. So, if you are a seasoned bot trader, you should give 3Commas a shot. has been up and running for some time. a. For instance, if you rebalance your investment portfolio every four hours, you can use a Smart Rebalance Bot and program it so that the Bot will automatically balance your investment portfolio. In the case of extreme market volatility, a risk of liquidation still exists. Kucoins bot is a perfect source of passive income. Then the bot will arbitrage for you within the interval. An Arbitrage tool, a Market-Making bot, and a strategy builder are just some of the trading tools available on the site. Trading Bots are great for tracking and making the most out of market fluctuations, as they will continue to carry out. 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. You want to apply leverages in your trade. After that look for a coin that hasn't had a crazy price action like +/- 30%. What is Metaverse.Network & Bit.Country (NEER) and How Does it Work? 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. Your trading progress right next to the terminal. In fact, I'm also into trading bot, but more on DCA and classic grid only. As a result, many handful tools have been developed to smoothen thecrypto tradingprocess. 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. 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. Is there a paper trade feature in kucoin bots? None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The basic bot costs $29 per month, while the advanced bot costs &99 per month and has several other features. Plus, I recommend it for those users who dont want to be exposed to high risks. CopyRight 2017 - 2023 KuCoin.com. There are certain terms that you need to know here in order to provide parameters that the robot will use as a guideline for its activities, such as the Min. The KuCoin crypto trading bot may be handy if you keep using KuCoin and don't live in the US. If you fall out of the grid then your not making money so it could be a long term hold or build in a stop loss. We only charge transaction fees per trade, just like any other form of trading on other markets. This is not exactly a new strategy in the world of investments, and a lot of people are quite familiar with it. Classic Grid is a relatively low-risk strategy but it still needs time to reveal its power. As a result, investors gain profit after submitting an investment to get the robot started. Setting and market changes are the only variables that may affect a bot's trading outcome. 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. You may access the trading bot by clicking on the help center and then clicking on the button. Naturally, the bot is limited to KuCoin only, with no other cryptocurrency exchanges supported. It means that if you think Bitcoin price will go down, you can also implement grid trading via Futures Grid on KuCoin Trading Bot. 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. However, the complexities involved in the process are irritating for crypto experts. Please also bear in mind that, compared with the Classic Grid Bot, the Futures Grid Bot runs on the futures market. However, if you know what you are doing and if you set it properly, one will be more than enough. The repetitive task can be done with the tool here by the DCA bot. (DCA running page provided by KuCoin user). 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. In addition, you may save money by signing up for an annual membership instead of paying monthly. This bot can mitigate the risks and increase the chances of generating a profit from crypto trading. As a result of developing the future grid, the original grid bot has been given a contemporary makeover. KuCoin bots can be profitable if the trading strategies are efficient. KuCoin describes it as a type of quantitative trading that uses a grid to set up different price points. By contrast, the original GRID only allowed for trading on the spot market. Before jumping into KuCoin Trading Bot, lets dive deep into the differences between others. 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. New assets added to the Trading Bots. With a Start Rebalance Bot, the percentage can always be close to your expectation as once it deviates from the initial setting, the bot will make a rebalance. Kucoin trading bots are automated cryptocurrency trading software strategies that any Kucoin exchange user can use free of charge. The volatility is clutch for the bots to shine truly. For instance, if you rebalance your investment portfolio every four hours, you can use a. and program it so that the Bot will automatically balance your investment portfolio. The Min and Max price points determine the lowest and highest price the bot will buy the cryptoasset at. Grid bots are profitable when the market is trading sideways or going up. A trading bot is an automated algorithm that executes the strategies for you. They have the Classic Grid, Futures Grid and DCA. 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. The main premise of the bot is to buy low and sell high in order to make profit in a highly volatile market. Before relying on the bot and risking your investment, it's essential to have a look at the qualities of that specific bot. Investing always comes with risks. The KuCoin Trading Bot solution provides numerous benefits to cryptocurrency traders, including convenience, efficiency, and powerful strategies. It also takes away the factor of emotions from trading. In fact, many have been doing it manually for a long time. How Many Crypto Bots Can I Have at the Same Time? With the ability to customize settings and make trades based on market conditions, the Kucoin trading bot is a powerful tool for maximizing profits in the highly volatile world of cryptocurrency trading. Traders will have more time to enjoy life and do what they like, knowing that their crypto trading portfolio is working on their behalf." Being one of the finest the KuCoin trading platform paid attention to this feature and introduced its trading bot at the start of 2021. Classic Grid is more complex, and essentially taken advantage of the volatility in crypto markets. From the perspective of a crypto exchange, this is always a good move. Keep track of your thoughts about the market. So it is important to understand how it works, and keep improving your strategies in practice. How much can you really make.? Before investing real money in the market, you may try out the bots in the Bitsgap trial trading mode. But, how useful will it be for an average trader? It is equivalent to configuring a 24/7, all-around bot butler for your trading strategy. The core of this strategy is to increase the total amount of assets while maintaining the portfolio percentage basically unchanged. It's one of the few platforms where U.S. users can access a margin account for trading crypto, and it. The best free crypto trading bot in 2022, as found in our independent testing, is Pionex! Unlike other bot mobile apps, it has elements like an interactive UI or a floating window, which help it stand out from the others. When traders want to take advantage of the market's volatility, they apply the Spot GRID approach. However, this problem has been solved with the development of crypto trading bots. The tools allow you to pre-set certain conditions where the bot will execute trades, allowing you to trade while you sleep. Currently Im running 5 bots. 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. It's a scam bot that takes users money that dont use it !! This Kucoin trading bot review will take a closer look at the minimum investment required, the potential profitability, and the results that users can expect when using this service. As a result, you should only invest money you are willing to lose. Should you decide to ask around and see what the online community has to say about the bot, you might find some rather strange and contradictory reviews. Instead then relying on KuCoin's native grid bots, consider utilizing one of the alternatives listed below. 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. Create an account to follow your favorite communities and start taking part in conversations. Currently, KuCoin supports Classic Grid Trading Bot and DCA Bot on the platform. Click "Create" to start a grid trading bot. All Rights Reserved. Perhaps only one of the mentioned strategies will work with you, and perhaps none will. Crypto trading bots are the life savior for investors as they don't have to be in front of a computer the whole day. The trading bot has its own help center inside KuCoin. CaptainAltcoin.com does not offer any sort of financial or investment advice. Heres the must-read before using the trading bot. In most cases, Classic Grid Bot can fulfil your needs, while Futures Grid bot is preferred if: a. When do you stop the bot? Everything else is done by the AI. I have 3+ years of experience in trading bots, especially the grid trading bot. In general, Kucoins trading bot can be described as reliable. You should be aware that trading bots might cost you money, which is something to keep in mind. Perhaps only one of the mentioned strategies will work with you, and perhaps none will. Some may wonder, what is the meaning of rebalance? This should not come off as odd, though, since the company gets their share of profits anyway. Once you've settled on a trading strategy and a trading pair, the next step is to deposit money into your KuCoin wallet. The other way is to copy others settings. Dollar-cost averaging is not a new strategy when it comes to investing. Moreover, it has 500+ cryptocurrencies listed on the platform to provide an array of options for investors. MarketPlace is also a critical component of CryptoHopper's architecture. If thats what in your mind for using the KuCoin trading bot, you better stop using it, or you might be disappointed with the results. So all you have to do is to download it, run it, and your investing adventure may begin. The platform's essential features include the demo mode, a trading terminal, and a Grid trading bot. Cryptocurrency is defining a new era of currency transactions. Spot-Futures Arbitrage Bot | 15~50% APR . According to the latest assessments, there are more than 800 coins available on the crypto exchange. is a free trading tool that can help users save time and energy while improving their profit. You may trade on almost any of them at any given moment. For using a trading bot, it doesnt mean that youre guaranteed to make profits. Find the next crypto gem on www.kucoin.com, People's Exchange. Additionally, the KuCoin mobile app has almost all of the features available on its website. Start trading on KuCoin with automated trading bots from Bitsgap to start making profits today and finally funding your retirement! 2.1 Create Spot Grid trading via "Auto" Parameters a. That's the disadvantage for running a bot, probably to balance out the advantage of trading bot too, I only use Grid trading and the DCA most of the time and IMO its a good one even for newbies.. Will try to use the futures, also don't know how to used that one, gonna check out some tutorial on youtube later, Futures option just got available recently. KuCoin's trading bot is ideally used on volatile trading pairs, in which the cryptoasset users pick is preferably moving up. When to stop the Kucoin trading bot ? The bot's design is straightforward and intuitive. Step 2: Choose "Trading Bot"--> "Futures Grid". 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. There is also a third-party Marketplace for CryptoHopper services, such as trading tactics and templates, as well as other third-party services like CryptoHopper signals and apps. Pros and cons of using a bot It buys at a low price and sells at a high price within a set price range. 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, is it profitable using only $100, what are the chances of losing money and how much % i would lose? It's down a lot at the moment, about a third. So what actually happens in rebalance? As long as you pay the monthly costs, the platform is entirely risk-free. However, this problem has been solved with the development of crypto trading bots. Compatible with BTC, ETH, Litecoin, XRP, and many other coins. Its one of the most complicated parts and always having trouble when the traffic is high. Once you've determined how much you'd want to earn, click "Confirm" to get started. For instance, buy $50 worth of BTC at 8am everyday to slowly grow your holdings. How to set Auto parameters? 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. 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. But, this repetitiveness is exactly what makes it perfect for a DCA Bot. If you choose the infinite grid, the price will never go above or below the limitations that you specify for it. Since the launch in January 2021, over 5.5 million bots have been created and about $150 million profit have been made to KuCoin users. KuCoin also offers peer-to-peer, margin, and futures trading. This robot can help them, as it does most things automatically, and so the user doesnt have to do almost anything apart from providing the initial investment and a few parameters that would provide the robot with a base idea of what is expected of it. There is no minimum investment, but some bots make no sense starting if the investment is not at least $50. It is built to be a zero-cost, time-saving, and simple-to-use. This Kucoin trading bot review will take a closer look at the minimum investment required, the potential profitability, and the results that users can expect when using this service. As soon as you set it up, the bot will do the work for you. Classic Grid, aka Grid Trading Bot, is one of the most famous bots over the globe. Holding has been proved to be a successful way to earn profits as it is found that very often the return of holders outperforms that of crypto traders. Furthermore, you can easily drag and drop your trading technique rather than having to write it. It gives a new way to generate passive income without always sitting in front of your laptop. In this blog post, we will walk you through the four amazing bots and help you find the ones that suit you most. One of the drawbacks of Class Grid is that if the price suddenly surges, then youll sell all your coin too early and miss the train. You still need to get the general movement of the market right and set limits and stops properly. And you can really make good profit! Kucoin is a popular cryptocurrency exchange that offers a trading bot service to its users. And, if something is perfect for rookies and newcomers, it is usually frowned upon by more experienced crypto traders. In most cases, the market is fluctuating. The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. As we can see on crypto trading leaderboards, some traders manage to have returns above 100% per year or more, all while trading in a market as volatile as this one. 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. Is Kucoin Trading Bot Reliable? 2. This one has a good pattern to use and maybe practice before jumping to something more volatile. Not crazy money but nice returns over varying timeframes. The price is above your entry and bot has been running for more than 1 week. I've got three bots running now and they're all in profit at the moment. , 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 this section, you'll discover a wide range of articles and FAQs that might answer almost all of your questions. Price, Max. In most cases, investors are unable to react quickly enough to these price changes in order to carry out the most profitable trade. DCA stands for dollar-cost averaging and simply sees the bot help you dollar-cost average your investments into a specific cryptocurrency. The Top 6 Best Practices for Grid Trading Bot . On the off chance that you feel like your total profit is great and the market might plummet. Over the next few months, the bot has undergone slight modifications, and today it has six features. KuCoin is one of the largest cryptocurrency exchanges launched in 2017 by Eric Don and Michael Gan in Seychelles. Start trading On website Bitsgap Highlights It is an automated program that executes buy and sell orders when predetermined market conditions are met. The Explorer plan also offers a free trial period, which you may take advantage of. CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. As most of us can hardly predict the real dip of the market, DCA can help optimize our average entry price in most cases. Let's say that is has been 5 days and it's earning less than 10%, but is profitable. KuCoin acknowledges that its Trading Bot tool will solve the problem of needing sleep and trading based on emotions. It's a do kwon creation though so it could all disappear. 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.