A Bot gives you the ability to trade through software that analyzes the markets. If the software identifies a trade opportunity then it will autonomously open the trade. Let’s take a look at Kucoin Trading Bots in more detail. First of all, the team wants to bring professional investment tactics to everyday crypto trade bot
traders and users. Trading Bot has simple yet effective trading strategies. For traders, it removes the need for spending hours upon hours of researching market opportunities.
Its AI-based parameters will help users gain more profits, and kucoin the solution can learn to become better. KuCoin
has several critical reasons for launching this new free product. It is also a matching platform where you can copy the best traders on Binance 24/7 automatically. No credit card is required. Demo accounts with a $100,000 virtual portfolio are available. Traders that use Jet-Bot have multiple advantages, like higher API synch speed and an ability to create a Binance account through the Jet-Bot platform just in 1 click.
Jet Bot is an authorized official broker of the Binance exchange. In case of a dramatic market fall, the Scalper bot won’t be just sitting there waiting when the price gets back to the trading range, like most of the existing grid bots on the market. Instead, it will follow the price to buy an additional amount of the base currency in order to reduce the overall entry price and hedge risks. For example, if after launching a bot with an investment of 1,000 USD, the base coin rate decreases and the total assets of the bot are estimated at 1,050 USD, then the Change value becomes + 5%.
The Change column in the bot modal view shows a comparison between initial investment volume and their current state. Trade both short and long strategies. Automate averaging the entry price by placing safety orders. Opening and closing deals at best entry and exit prices. Automate stop-loss; trailing; martingale and other features. Copy Trading with Top traders. Automate trading 24/7. Spot and futures trading. Access to your own demo account.
Practice makes perfect. Trade unlimited coin pairs. Its a neutral strategy that works best for high volatility crypto pairs in a consolidating or mild bull market. Grid Trading continuously allows you to buy low and sell high while you sleep, work, or spend time with your friends and Kucoin family. This week I tried out Grid Bot trading for the first time. I used a few different platforms: KuCoin and Pionex.
No need to use a credit card to buy new crypto. No KYC required for these at this time. You will get new wallets for any coin you wish to use as your base currency. I am starting with about 100$ per crypto trade bot
pair, running about 3–4 bots at time.