So you have tried it already too? 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. Like you can have the bot to make a rebalance every 12 hours, or once the percentage deviation is over say 2%. Recently, KuCoin releases their homemade trading bot, which frees you from the API keys. We only charge transaction fees per trade, just like any other form of trading on other markets. You can have only one account. The core of this strategy is to increase the total amount of assets while maintaining the portfolio percentage basically unchanged. Step 1: Choose a contract Step 2: Choose long or short. What is this? The Min and Max price points determine the lowest and highest price the bot will buy the cryptoasset at. More and more people are realizing its potential and hence willing to trade consistently. 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. Follow us on Twitter >>> https://twitter.com/kucoincom, Join us on Telegram >>> https://t.me/Kucoin_Exchange, Download KuCoin App >>>https://www.kucoin.com/download. Without these tips, you might have more losses during the trial and error with the bots. 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. But its a hassle if you need to buy Bitcoin, ETH, or other cryptocurrencies every day. Rewards will be provided to users who inform us of the above. We may receive a commission, at no extra cost to you, if you click through our links and make a purchase from one of our partners. All content on CaptainAltcoin is provided solely for informational purposes. Affiliate partners cannot pay CaptainAltcoin to guarantee favorable review or higher ratings on the website. KuCoin is one of the largest cryptocurrency exchanges launched in 2017 by Eric Don and Michael Gan in Seychelles. You should, however, keep in mind that the bot is available only on Kucoins platform, and you wont be able to use it on other exchanges. 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. The Top 6 Best Practices for Grid Trading Bot . Although there are only two trading options, either buy or sell, many traders end up losing money in markets. Rewards will be provided to users who inform us of the above. The KuCoin trading site, on the other hand, is well-known, and its bot is secure and lawful to utilize. You may expect a response from the support staff within a week. Additional trading bots forcrypto signalsobtained on Telegram channels are available on the site. In the case of extreme market volatility, a risk of liquidation still exists. Step 1: Install KuCoin App Download and install KuCoin App, then locate "Spot Grid" on the homepage. Diversifying your sources of income is one of the first stops on the road to financial independence. The platform's essential features include the demo mode, a trading terminal, and a Grid trading bot. 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. Let's say that is has been 5 days and it's earning less than 10%, but is profitable. Heres the must-read before using the trading bot. has garnered much attention in the crypto sector. The robot is really suitable for people who wish to trade in the Futures market but lack the experience!! The trading bot has its own help center inside KuCoin. The main premise of the bot is to buy low and sell high in order to make profit in a highly volatile market. However, this problem has been solved with the development of crypto trading bots. Unlike other platforms, it has the most advanced GRID Bot features including stop-loss, take profit, and trigger price. It's not a tool that once you get it, you will be winning all your trades. If you don't earn any money from the bot, Mudrex Protect will reimburse your membership payments. 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. More trading bot strategies are expected soon, one of which might fit your trading needs. You can only use Classic Grid Trading Bot and DCA Bot on KuCoin, which is considered the simplest bot for new bot traders. What the bot does is help you execute your strategy even when youre sleeping. In the KuCoin Trading Bot, you can set an investment target, say 10% gain, before starting the bot. The Best Bitcoin Strategy | How to Invest In Bitcoin with Trading Bots? What are you thinking you will lose by stopping the bot to compound your money. Of course, the reason why the robot is so successful is that its decisions are not affected by the human factor. According to KuCoin, it is a combination of Futures and Grid trading, which can bring grid . 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. If I remember correctly the limit in 2021 was 10. Unlike some other, more sophisticated crypto trade assistants, Kucoins bot is meant for mass usage, and the price of its simplicity is the lack of more complex customizing options. Sign up on KuCoin, and start trading today! Kucoin trading bots are automated cryptocurrency trading software strategies that any Kucoin exchange user can use free of charge. In this blog post, we will walk you through the four amazing bots and help you find the ones that suit you most. 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. Get the Better Alternative There are, however, some who stand out. KuCoin's trading bot is generally considered reliable. 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You are limited to one Kucoin bot application per device. Popular crypto exchange KuCoin has made it easier for those who want to get into trading to earn passive income through their new trading bot. If you are an expert trader and want to make more profits using complex information, try for any better option than KuCoin. . For a lot of investors, there are only a few strategies that are right for them and fit their style. 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 KuCoin app, through which you can use the bot, is available on app stores and can be directly downloaded here. On average 1$ today is worth less than 1$ next month and 1 BTC today is worth more than 1 BTC next month. It helps you to buy and sell Bitcoin without screening the market all day. However, a separate trading exchange is recommended since CryptoHopper uses API keys and does not have the authority to carry out withdrawals from your exchange. (Futured Grid running page provided by KuCoin user). Compatible with BTC, ETH, Litecoin, XRP, and many other coins. Paper trade it for a while and see how you go. Also having several orders will give you a very small return per sell. You will be looking for a coin with less than +10%, preferably +5%. DCA is also good strategy since it automates away the boring part of buying a coin every time it dips in price. According to KuCoin, it is a combination of Futures and Grid trading, which can bring grid profits for users when going long or short. More details comparison for each features please visit the below blog post. Lou Yu, Head of KuCoin Labs, to Speak About Web3 Incubation in Emerging Markets at Token 2049. Then use AI parameters and decrease the number of placed orders until the profit per grid is at least 0.5%. Just keep your profit per grid low and don't get greedy! 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. All Rights Reserved. to find more about KuCoin Trading Bot review. 11 comments Best Add a Comment kucoin_moderator 1 yr. ago Spot Grid: CSIX/USDT, CSIX/ETH Martingale: CSIX/USDT, CSIX/ETH Infinity Grid: If your KCS is in the trading bots, then the KuCoin Bonus will be automatically received at 00:00 ( UTC time) every day and goes to the bot sub-account. Step 2: Choose "Trading Bot"--> "Futures Grid". Is KuCoin Trading Bot Profitable? Perhaps only one of the mentioned strategies will work with you, and perhaps none will. Using this strategy, an automated system purchases and sells assets to maintain a well-balanced investment portfolio. 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 acknowledges that its Trading Bot tool will solve the problem of needing sleep and trading based on emotions. In addition, it may be used for DCA, smart rebalancing, and the like. You still need to get the general movement of the market right and set limits and stops properly. With the help of artificial intelligence and the algorithm, trading bots automatically spot the right time to trade and do it for you. 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. How to set Auto parameters? Spot-Futures Arbitrage Bot | 15~50% APR . In addition, the trade is entirely legal, and the bot is simple to operate. Grid profits represent the profits the bots have made in arbitrage trades since the time you started the bot upon entering the market. In short, this bot will automatically purchase a certain amount of pre-chosen token at a specific time set by the investor. 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. If you choose the infinite grid, the price will never go above or below the limitations that you specify for it. However, with the number of new traders being constantly on the rise, it is worth remembering that most of these traders are newcomers who do not have the knowledge, experience, and skill to trade futures. To complete the transaction, you must choose the amount of bitcoin you desire to swap with your Trading Bot. All you need to do is load up your account and pick a trading bot strategy to start your trading journey! are expected soon, one of which might fit your trading needs. 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. It means that the platform wants to accommodate as many bitcoin exchanges as possible in the near future. If you hang on a few days I've been trying it out with ustc with great success. A larger number of orders will see the bot take advantage of smaller price movements, buying after a small dip and selling after a small surge. And you can really make good profit! Take the classic grid, for example; it helps you accumulate more coins when the price dip and gradually profit when the price rises. Dollar-cost averaging is not a new strategy when it comes to investing. Subscriptions to the platform are available at four distinct price points. A trading bot is an automated algorithm that executes the strategies for you. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. Additionally, the tool allows you to search for a specific cryptocurrency or categorize them according to your favorite trading platform or asset type. It also takes away the factor of emotions from trading. So it is a good strategy in a volatile market, and higher volatility may bring higher returns. The team at CaptainAltcoin.com only recommends products and services that we would use ourselves and that we believe will provide value to our readers. The launch of the KuCoin exchanges official trading bot has garnered much attention in the crypto sector. It buys at a low price and sells at a high price within a set price range. This will give you a good idea of how much money you may anticipate making. It's tough to sit in front of a computer screen and digcrypto chartsall the time to make a profitable trade. 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. Users can use. The exchange has great liquidity and order execution is impeccable. 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. 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. Much better to stay over 1% profit minimum. has been up and running for some time. 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. Firstly, just like we can long or short a token on KuCoin Futures, the Futures Grid Bot allows you to long or short when starting the bot. The Explorer plan also offers a free trial period, which you may take advantage of. CryptoHopper, a one-stop-shop platform, offers a variety of services, including trading bots, exchange arbitrage, copy trading, backtesting, strategy design, and more. As long as your within the upper and lower ranges with small enough grids to capture the ups and down you make money. Nevertheless, it got attention from experienced traders. When to stop the Kucoin trading bot ? More than that, Mudrex is compatible with the most significant exchanges, including Binance and Coinbase Pro. If you are to use the trading bot, theres a discussion group on Telegram with users trying to find the best possible strategies. It supports over 25 different trading platforms (including but not limited to Poloniex and Binance). This is the situation for now. Crypto trading bots are the life savior for investors as they don't have to be in front of a computer the whole day. Other than Grid Trading Bot, Pionex supports 12 free trading bots for different investors with different risk-tolerant. KuCoin has a good reputation in the industry at this time. Its easy to navigate. You can see you account from either a mobile app or a browser. They have the Classic Grid, Futures Grid and DCA. Bitsgapis a well-known trading bot that can be downloaded for free. When it comes to the risk/reward strategy, the greater the Performance score (which Mudrex employs), the better it is. There are no costs involved, except those fees already being charged by the KuCoin crypto exchange market. I want to see other peoples experience about it as well. You should be aware that trading bots might cost you money, which is something to keep in mind. You still need to be involved and put in the time, effort, and knowledge necessary to make a great success in your trades. Start trading On website Bitsgap Highlights 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. Before investing real money in the market, you may try out the bots in the Bitsgap trial trading mode. 2.1 Create Spot Grid trading via "Auto" Parameters a. So it is a good strategy in a volatile market, and higher volatility may bring higher returns. The bots arent a magic money machine. As the name suggests, the KuCoin trading bot is a trading tool on KuCoin that takes trading tasks out of your hands. KuCoin's trading bot is ideally used on volatile trading pairs, in which the cryptoasset users pick is preferably moving up. How Many Crypto Bots Can I Have at the Same Time? You want to apply leverages in your trade. For a lot of investors, there are only a few strategies that are right for them and fit their style. Recently, the KuCoin Trading Bot has introduced its latest trading strategy called the. Using the trading bot with a third-party provider means you need to connect your exchange account with an API Key. Trading Bots are great for tracking and making the most out of market fluctuations, as they will continue to carry out. The KuCoin Trading Bot is a trading tool that allows users to gain passive income with automated trading strategies. So read on! The other way is to copy others settings. You want to make a profit in a downward trend market, or, b. Trading Bots can "assemble and copy" repetitive tasks to help you easily execute trades. 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. On the off chance that you feel like your total profit is great and the market might plummet. So what actually happens in rebalance? If you manage to earn passive income from various sources, youll be more financially resilient, and crypto markets crises and fluctuations wont cause that much trouble. I began running my trading bot for about 6 days ago. Here are the three best options you should rely on for trading on the KuCoin platform. . Whats the difference between KuCoin Trading Bot and other Bots. Here are my results on the KuCoin Trading Bot. However, this problem has been solved with the development of crypto trading bots. Please note that some links on CaptainAltcoin.com are affiliate links. Now the investors need to put some commands on the bot and sit back to relax. 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. The founders were already in the finance field and had previously run iBox PAY and Ant Financial for a few years. The robot will divide users investments into several grids, and keep buying low and selling high. Because of competitive fees and other unique features, KuCoin has 10 million users and works in 200 countries. I think the trading bot is a good trading experience for newbies. Not crazy money but nice returns over varying timeframes. 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. I've tried a few other currencies and lost. But it's easier said than done. Reduce repetitive work. That's why you should pick reliable software providers like 3Commas and use top-tier bots that convert data feed & strategies into tangible profits. 3Commas is a top cryptocurrency trading bot. 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. 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. The bot will soon have new features, including Margin Grid, Extreme-Volatility Killer, and Dynamic Position Sizing. Additionally, the KuCoin mobile app has almost all of the features available on its website. This unofficial subreddit is set to discuss the newly launched KuCoin Trading bot. 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. Let's take a closer look at each of the fivetrading techniquesoffered by the KuCoin bot. As one of the most classic and popular trading strategies, Classic Grid works by selling high and buying low to gain profits in a specific price interval. Bitsgap also offers a Futures trading bot with a minimal risk threshold. Price, Max. 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 Create an account to follow your favorite communities and start taking part in conversations. This bot can mitigate the risks and increase the chances of generating a profit from crypto trading. There is no exaggeration in saying that crypto trading is one of the best investment domains in today's date.