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. However, the complexities involved in the process are irritating for crypto experts. has been up and running for some time. KuCoin warns traders that different investment times could mean the performance of the bots will be different. More than that, Mudrex is compatible with the most significant exchanges, including Binance and Coinbase Pro. Price, Max. , 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. The first three months of subscription are free, and you may cancel at any moment. of orders places, and alike. Q #2) Are trading bots profitable? LOL until KuCoins app locks when FUD happens and your bot liquidates costing you thousands of USDT. If, and this "if" is important to consider: You have to do it right! 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. So it is a good strategy in a volatile market, and higher volatility may bring higher returns. The robot is really suitable for people who wish to trade in the Futures market but lack the experience!! With DCA Bot, its easy for you to DCA in Bitcoin for $1 every 10 minutes. Bitsgapis a well-known trading bot that can be downloaded for free. The core of this strategy is to increase the total amount of assets while maintaining the portfolio percentage basically unchanged. The only difference is that the bot is available only inside the mobile app. During this time HODL-ing BTC will outperform a lot of trading strategies and give you +% returns. So if you are using a Coin/BTC bot you are gaining profit from the bot but also from BTC going up (compared to a Coin/USDT bot in which you are only getting profit from the bot). If you are to use the trading bot, theres a discussion group on Telegram with users trying to find the best possible strategies. Nevertheless, it got attention from experienced traders. Best trading bots for Kucoin: Complete Review for 2023 in UK If you hang on a few days I've been trying it out with ustc with great success. 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. Secondly for choosing a pair, go to grid bot, click BTC and then click volatility (from highest to lowest). NFT 101: How Will NFTs Promote the Overall Growth of the Metaverse? If you don't earn any money from the bot, Mudrex Protect will reimburse your membership payments. KuCoin Trading Bot : Everything You Need to Know - Watcher Guru KuCoin trading bot is KuCoins new feature which provides trading bots within the exchange itself. Bitcoin or Ethereum may be deposited into a trading wallet based on your desire. Classic Grid is a relatively low-risk strategy but it still needs time to reveal its power. Being one of the finest the KuCoin trading platform paid attention to this feature and introduced its trading bot at the start of 2021. More and more people are realizing its potential and hence willing to trade consistently. With this strategy, you wont miss the whole bull market even the price exceed your upper limit. Price, No. Make use of Crypto Base Scanner Signals and Altrady bot. Unlike the normal crypto trading bot provider, such as 3Commas or Cryptohopper, its free for users to use KuCoin Trading Bot, just like how Pionex offers 12 free cyprot bot for their users. Trading Bot | Crypto Trading Bot | KuCoin Trading Bot | KuCoin What is this? KuCoin Introduces Its Trading Bot for Making Passive Income They have the Classic Grid, Futures Grid and DCA. Yes, Kucoin has its own trading bots that are FREE to use. Additional trading bots forcrypto signalsobtained on Telegram channels are available on the site. Additionally, KuCoin trading bot provides free trading strategies which let you take returns without monitoring the market. Yes. Take the classic grid, for example; it helps you accumulate more coins when the price dip and gradually profit when the price rises. Furthermore, it allows you to trade in many markets simultaneously while limiting your risk by distributing all of your money across different techniques. Here are some features that the KuCoin trading bot offers to its users. An ideal strategy will depend on the trading pair you want it to operate on. You are limited to one Kucoin bot application per device. Wed recommend trying out the bot with a small amount first, until you find a winning strategy. As a result, customers get access to Bitsgap's bitcoin trading signals as well. 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. According to KuCoin, it is a combination of Futures and Grid trading, which can bring grid . Sign up on KuCoin, and start trading today! None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. You can use your coin as collateral for using the margin grid bot. I have 3+ years of experience in trading bots, especially the grid trading bot. Everything About the Ethereum London Hard Fork Update with EIP-1559 | Will This Impact The Price of ETH? 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. Send automated trading instructions to Binance, Coinbase Pro, Kraken, Exmo, Bitvavo, OKX, Crypto.com, and many more exchanges. More. 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. Grid trading is the basic type of trading, and so it is something that can easily be handled by KuCoins trading bot. The bot will soon have new features, including Margin Grid, Extreme-Volatility Killer, and Dynamic Position Sizing. In this section, you'll discover a wide range of articles and FAQs that might answer almost all of your questions. 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. The price is above your entry and bot has been running for more than 1 week. For the most up-to-current information, join the trading bot community on Telegram and stay up to date. The founders were already in the finance field and had previously run iBox PAY and Ant Financial for a few years. 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. Pros and cons of using a bot The trading bot plays no magic here. You will be looking for a coin with less than +10%, preferably +5%. A proof-of-concept thing for me.. 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. Like you can have the bot to make a rebalance every 12 hours, or once the percentage deviation is over say 2%. You can have only one account. It supports over 25 different trading platforms (including but not limited to Poloniex and Binance). Press question mark to learn the rest of the keyboard shortcuts. This is not exactly a new strategy in the world of investments, and a lot of people are quite familiar with it. 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. GitHub - waroi/kucoin-trader: Cryptocurrency Trading Bot for Kucoin Once you've determined how much you'd want to earn, click "Confirm" to get started. Creating Another Source of Income Using KuCoin Trading Bot It gives a new way to generate passive income without always sitting in front of your laptop. 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. Most bots running for a couple of days will result in a nice grid profit. It's a do kwon creation though so it could all disappear. Unlike other platforms, it has the most advanced GRID Bot features including stop-loss, take profit, and trigger price. Find the next crypto gem on www.kucoin.com, People's Exchange. They have the Classic Grid, Futures Grid and DCA. What the bot does is help you execute your strategy even when youre sleeping. Recently, KuCoin releases their homemade trading bot, which frees you from the API keys. Reward amounts will be determined based on the type and relevance of the information provided. Have you tried it? The launch of the KuCoin exchanges official trading bot has garnered much attention in the crypto sector. It is equivalent to configuring a 24/7, all-around bot butler for your trading strategy. It turns out to be good, with my prediction with the Bitcoin price goes up. The $19 monthly premium plan, on the other hand, is an option. The best crypto trading bots for automated trading - Finty So, if you are a seasoned bot trader, you should give 3Commas a shot. I just realized the best strategy that works for me is the Futures Grid Trading Bot. Kucoin bots are free and very powerful. All you need to do is load up your account and pick a trading bot strategy to start your trading journey! has garnered much attention in the crypto sector. 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. As a result of the leverage involved in futures trading, there are risks connected with using this bot under volatile market conditions. That's why you should pick reliable software providers like 3Commas and use top-tier bots that convert data feed & strategies into tangible profits. This will give you a good idea of how much money you may anticipate making. Some may wonder, what is the meaning of rebalance? [Spot Grid] KuCoin Trading Bot Tutorial - For APP | KuCoin Quite a significant number of users engage in trading without previously learning all the basic rules and concepts. In most cases, the market is fluctuating. From the perspective of a crypto exchange, this is always a good move. A ticket may be sent if you still have questions or concerns. It means that if you think Bitcoin price will go down, you can also implement grid trading via Futures Grid on KuCoin Trading Bot. The number of orders to be placed determines the price ranges the bot will operate on. It is easy to start but it can be a bit hard to decide when to stop profit. If you make too many incorrect login attempts, Bitsgap recommends that you utilize two-factor authentication (2FA), and your account will be suspended. 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. Haasbot Review: Is this the best cryptocurrency trading bot? If you are an expert trader and want to make more profits using complex information, try for any better option than KuCoin. This should not come off as odd, though, since the company gets their share of profits anyway. The repetitive task can be done with the tool here by the DCA bot. But the good part is that they have more bots and signals, but you need to pay for the monthly subscription fee that sometimes eats your monthly profit. As you all know, there are three main strategies that users can utilize in order to make a profit using the trading bot. The trading bot has its own help center inside KuCoin. For a lot of investors, there are only a few strategies that are right for them and fit their style. Your personal information will be kept confidential. Kucoin trading bots are automated cryptocurrency trading software strategies that any Kucoin exchange user can use free of charge. But, how useful will it be for an average trader? to find more about KuCoin Trading Bot review. Markets are just data of prices of a currency with time. Answer: Yes, they are profitable depending on the type of trading strategies employed and market conditions. Spot Grid: CSIX/USDT, CSIX/ETH Martingale: CSIX/USDT, CSIX/ETH Infinity Grid: 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. Recently, the KuCoin Trading Bot has introduced its latest trading strategy called the. When to stop the Kucoin trading bot ? Cryptohopper Review: Is This The Best Crypto Trading Bot? You can edit parameters, increase investment, copy other traders and do backtesting on any pair. KuCoin trading bot is a free trading tool which can help users to save time and energy while improving their profits. KuCoin has a good reputation in the industry at this time. In this blog post, we will walk you through the four amazing bots and help you find the ones that suit you most. Instead, its ideal to find a balance based on the chosen trading pair, the price range, and the number of orders. According to Tradeciety, 80% of all day traders quit within their first two years, and active traders underperform market indices by 6.5% annually on average. 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 KuCoin Trading Bot Profitable? : r/KuCoinTradingBot A smaller number will see the bot buy after a significant drop, and sell after a surge. 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's design is straightforward and intuitive. 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. The platform has been operational for more than three years without any major issues that resulted in customer losses. Portfolio rebalancinghas been a tried-and-true method of investing for many years. At the time of launch, it didn't offer all the trading bot features but continuously evolved with time. The bots parameters determine its trading strategy and are set by the user. DCA is a quite mature strategy in the finance world, and it works best in the initial stage of a bull market. Before jumping into KuCoin Trading Bot, lets dive deep into the differences between others. Also imo this strategy is the best low effort one for beginners. 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. It offers five very advanced, modified versions of GRID Bots for free.. 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. As long as you are familiar with this bot, you can also customize the parameters to try your preferred settings. Please make sure to do your own research, make educated financial decisions and consult your Financial Advisor. And, since Kucoins expansion was seemingly unstoppable for quite a while, its not such a big surprise that they decided to come up with their trading bot as well. Create Bots in mid 2021, KuCoin Trading Bot has been going for quite a while. If youre already tired of the volatility and looking for a more stable return, then check out the arbitrage bot on Pionex. For winning in your trade, you still need some experience in technical analysis. Furthermore, you can easily drag and drop your trading technique rather than having to write it. Plus, I recommend it for those users who dont want to be exposed to high risks. Without these tips, you might have more losses during the trial and error with the bots. 3 Altcoins to Explore | Gaming Tokens Continue to Outperform, Will Investors Keep Bullish on AXS? I've been trying a 50/50 rebalance bot with paxg and btc for a while. KuCoin Trading Bot Adds AIPAD/USDT Trading Pair - KuCoin - Coincarp.com I just let mine go with $1500 for fun, just using the standard classic grid settings. KuCoin describes it as a type of quantitative trading that uses a grid to set up different price points. So how to make a choice between Classic Grid and Futures Grid? But they're all just a few hundred bucks gambled. What are the advantages of KuCoin Trading Bots? All content on CaptainAltcoin is provided solely for informational purposes. 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. There are, however, some who stand out. Still, it's an era of technology, and no trading bot can guarantee that your money will be completely safe from market losses. For learning more info, please visit this tutorial instead. Using a total of ten bots at the same time helps you to diversify your earnings. Additionally, all API communication is encrypted with SSL and TLS 1.2 to keep your personal data safe from prying eyes. Attach relevant screenshots or documents to this ticket and fully describe what's going on. As of June 2021, this bot is only available on Binance, but the developer plans to include losses and other exchanges shortly. 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. Kucoin bot is a trading robot that helps to maximize trading profit and reduce human errors in the trading markets. Because of higher liquidity, we decided to pick BTC/USDT, and allowed the bot to choose the parameters on its own. 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. Here are my results on the KuCoin Trading Bot. The Kucoin Trading Bots It is common knowledge that the value of cryptocurrencies like BTC and ETH is notoriously unstable, with prices regularly and dramatically shifting within minutes. For example, if you want to execute a trade after reaching a certain threshold, you need to sit in front of your screen and observe the changing market chart - likely for hours, so that you wont miss the best timing. While a tool is just a tool, what it can achieve still depends on how we use it. KuCoin Trading Bot - A Guide for Beginners - TrailingCrypto Reward amounts will be determined based on the type and relevance of the information provided. Infinity Grid Bot doesnt have an upper limit, which means youll never sell all your coins even when the price surges a lot. Once the target has been reached, you can have the bot either notify you or stop profit automatically. When it comes to the risk/reward strategy, the greater the Performance score (which Mudrex employs), the better it is. Automate your trading with smart features. I want to see other peoples experience about it as well. Launched in early 2021, KuCoin Trading Bot has been up and running for some time. Step 1: Install KuCoin App Download and install KuCoin App, then locate "Spot Grid" on the homepage. KuCoin's Trading Bot Product Celebrates 1st Anniversary with NFT Airdrop Classic Grid: Make Passive Income By Buying Low & Selling High. , Classic Grid works by selling high and buying low to gain profits in a specific price interval. Trading Bots can "assemble and copy" repetitive tasks to help you easily execute trades. The fact that it is only several months old, however, means that changes and updates are very likely in the next few months. I just realized the best strategy that works for me is the Futures Grid Trading Bot. The strategy you choose to adopt will influence whether you make a profit or a loss. Perhaps only one of the mentioned strategies will work with you, and perhaps none will. [Essential for Newbies] FAQ for Trading Bot | KuCoin However, KuCoin has few built-in trading bots, such as Grid bots for both spot and futures markets and a DCA bot. 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, KuCoin Labs Enriches NFT Ecosystem by Incubating NFT Liquidity Solution BidShop.io, Weekly Crypto Analysis: Market Cap Stays Above $1 Trillion Despite Series of Hacks, FLOW Pumps 40%, KuCoin Exchange Launches Innovative KuCoin Wallet for Web 3 Exploration, All You Need to Know About Trending STEPN (GMT) Coin, KuCoin Survey Highlights the Number of Female Crypto Investors Approached the Number of Male Crypto Investors in Turkey, Three Altcoins to Explore | Top Performing Altcoins During Bitcoin Fall Last Week, KuCoin AMA With Meter Scale and Connect the Financial Internet, KuCoin Weekly Technical Overview: BTC Trend Reverses as Price Breaches Above $44,000 Resistance, KuCoin AMA With Qredo Decentralized Digital Asset Management Infrastructure, Klever CTO Bruno Campos Shares the Latest Developments in the Klever Ecosystem KuCoin AMA Recap, Trading 101: Understanding Different Candlestick Patterns While Trading Cryptos (Part - 1), Ethereums Rally and the Spike of Vitaliks Fortune, What Is KuCoin Token (KCS) And How Does It Work. Mudrex, the trading bot provider, has more than 10,000 investors and more than 200 indicators on its platform. 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 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. Press J to jump to the feed. 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. It profits from the spot market and futures market without worry about price volatility. The Best Bitcoin Strategy | How to Invest In Bitcoin with Trading Bots? The KuCoin Trading Bot is a trading tool that. is a free trading tool that can help users save time and energy while improving their profit. 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. KuCoin's trading bot is ideally used on volatile trading pairs, in which the cryptoasset users pick is preferably moving up. It's down a lot at the moment, about a third. It means that the platform wants to accommodate as many bitcoin exchanges as possible in the near future. 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. Dollar-cost averaging is not a new strategy when it comes to investing. For more info about Classic Grid, check the tutorials for Classic Grid 1 and Classic Grid 2 . You may also use the bot to automate your trading depending on the crypto signals you get. 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.