As a result of developing the future grid, the original grid bot has been given a contemporary makeover. 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. 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. For winning in your trade, you still need some experience in technical analysis. 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 KuCoin crypto exchange market already charges fees, thus no more costs, and it isn't unusual since the company gets a cut of the profits. 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. Kucoin bot is a trading robot that helps to maximize trading profit and reduce human errors in the trading markets. You can edit parameters, and increase investment while the bot is already running, Lots of statistics and analytics are provided for free, No major flaws aside of being limited to coins listed on Kucoin. I want to see other peoples experience about it as well. The KuCoin app, through which you can use the bot, is available on app stores and can be directly downloaded here. 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%. 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. The strategy you choose to adopt will influence whether you make a profit or a loss. For instance, buy $50 worth of BTC at 8am everyday to slowly grow your holdings. The platform has been operational for more than three years without any major issues that resulted in customer losses. 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. Since its start, more than 2.5 million bots have been produced and deployed by traders worldwide. Everything You Need to Know about Bitcoin Halving. Click Here to download the latest version of the KuCoin App and hope you can enjoy the trading experience with KuCoin Trading Bot. Spot grid is the most efficient and least risky, especially if you choose a good trading pair. Traders will have more time to enjoy life and do what they like, knowing that their crypto trading portfolio is working on their behalf." Take the classic grid, for example; it helps you accumulate more coins when the price dip and gradually profit when the price rises. Still, it's an era of technology, and no trading bot can guarantee that your money will be completely safe from market losses. So read on! 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. This bot can mitigate the risks and increase the chances of generating a profit from crypto trading. The launch of the KuCoin exchanges official trading bot has garnered much attention in the crypto sector. It's a do kwon creation though so it could all disappear. They have the Classic Grid, Futures Grid and DCA. The core of this strategy is to increase the total amount of assets while maintaining the portfolio percentage basically unchanged. Classic Grid: Make Passive Income By Buying Low & Selling High. So it doesn't do any technical analysis. There is no minimum investment, but some bots make no sense starting if the investment is not at least $50. What are you thinking you will lose by stopping the bot to compound your money. This is a robot that exploits the investment strategy known as Dollar-Cost Averaging. KuCoin Trading Bot Adds CSIX/USDT and CSIX/ETH Trading Pairs 2023/02/20 13:47:46 Announcements Dear KuCoin Users, To enrich the variety of assets available, KuCoin Trading Bot has added CSIX/USDT and CSIX/ETH trading pairs. Find the next crypto gem on www.kucoin.com, People's Exchange. Create an account to follow your favorite communities and start taking part in conversations. What Is KuCoin Trading Bot? Timing is a critical factor in trading crypto and identifying the best time to buy and sell is the magic behind making a profit in the crypto space. At the time of writing, KuCoin offers five different trading strategies with the promise of revealing many more. Create Bots in mid 2021, KuCoin Trading Bot has been going for quite a while. All you need to do is load up your account and pick a trading bot strategy to start your trading journey! It profits from the spot market and futures market without worry about price volatility. And you can really make good profit! For learning more info, please visit this tutorial instead. This will give you a good idea of how much money you may anticipate making. Currently, the rebalance can be triggered on ratio or time per your settings. Markets are just data of prices of a currency with time. Is there a paper trade feature in kucoin bots? CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. Bull markets are best for bot profitability but a volatile bear market can also garner solid profits. For more info about Classic Grid, check the tutorials for Classic Grid 1 and Classic Grid 2 . 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. An Arbitrage tool, a Market-Making bot, and a strategy builder are just some of the trading tools available on the site. You may also use the bot to automate your trading depending on the crypto signals you get. 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. First make sure you are using Coin/BTC pair and NOT Coin/USDT pair. Recently, KuCoin releases their homemade trading bot, which frees you from the API keys. The Min and Max price points determine the lowest and highest price the bot will buy the cryptoasset at. As long as you are familiar with this bot, you can also customize the parameters to try your preferred settings. The only trading fee you will have to pay are the ones that are already charged by the Kucion crypto exchange. 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. You still need to be involved and put in the time, effort, and knowledge necessary to make a great success in your trades. Its also possible to copy the performance of those on KuCoins leaderboard. Perhaps only one of the mentioned strategies will work with you, and perhaps none will. Classic Grid, aka Grid Trading Bot, is one of the most famous bots over the globe. As long as your within the upper and lower ranges with small enough grids to capture the ups and down you make money. 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. In short, the trading fee you have to count on with the bot are the same you would otherwise have to pay on the Kucoins platform. 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. It gives a new way to generate passive income without always sitting in front of your laptop. The bots parameters determine its trading strategy and are set by the user. Yes, it is possible to lose money with trading bots. One is called AI parameters, which will suggest the bot settings based on the historical data of the coin. More than that, Mudrex is compatible with the most significant exchanges, including Binance and Coinbase Pro. 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? How much can you really make.? What are the advantages of KuCoin Trading Bots? It is built to be a zero-cost, time-saving, and simple-to-use. As a result of the leverage involved in futures trading, there are risks connected with using this bot under volatile market conditions. KuCoin Trading Bot | Made 41% Profit with Crypto Bot A trading bot is an automated algorithm that executes the strategies for you. 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. Please note that some links on CaptainAltcoin.com are affiliate links. Let's take a closer look at each of the fivetrading techniquesoffered by the KuCoin bot. Use Paper Trading to test your crypto strategies without risk. Investing always comes with risks. KuCoin bots can be profitable if the trading strategies are efficient. In fact, many have been doing it manually for a long time. Using a total of ten bots at the same time helps you to diversify your earnings. 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. Users can use. Kucoin is a popular cryptocurrency exchange that offers a trading bot service to its users. I have 3+ years of experience in trading bots, especially the grid trading bot. Ive run a $5000 trading bot for a week and was negative in profit from all the fees, setting limit orders myself was a better choice. 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. Before investing real money in the market, you may try out the bots in the Bitsgap trial trading mode. They assist in mitigating the harmful effects of market volatility in the long run. Members are invited to test, discuss, and give feedback about this trading bot, welcome aboard. The good thing is that Kucoin organizes frequent promotional campaigns during which it offers special discounts and trading free rebate coupons to its most active users. I just realized the best strategy that works for me is the Futures Grid 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. We ssuggest similar type of bots to experienced traders. 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. 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. What the bot does is help you execute your strategy even when youre sleeping. The Explorer plan also offers a free trial period, which you may take advantage of. Some traders have APRs of over 3,000% according to the leaderboard, and to copy them we simply need to click on their profiles, examine their parameters, and click to automatically copy the strategy. Naturally, the bot is limited to KuCoin only, with no other cryptocurrency exchanges supported. 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. Automate your trading with smart features. 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. I just let mine go with $1500 for fun, just using the standard classic grid settings. I think the trading bot is a good trading experience for newbies. 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. Or rather, to spend a certain amount of the deposited funds for purchasing specific crypto in a specific time interval. I was a beginner in crypto when I found KuCoin. The KuCoin Trading Bot is a trading tool that allows users to gain passive income with automated trading strategies. Then use AI parameters and decrease the number of placed orders until the profit per grid is at least 0.5%. But they're all just a few hundred bucks gambled. SecuX V20 & W20 Review Is This Hardware Crypto Wallet Safe & Legit? LOL until KuCoins app locks when FUD happens and your bot liquidates costing you thousands of USDT. According to KuCoin, it is a combination of Futures and Grid trading, which can bring grid . Step 2: Create Spot Grid trading. In the case of extreme market volatility, a risk of liquidation still exists. KuCoin also offers peer-to-peer, margin, and futures trading. If youre already tired of the volatility and looking for a more stable return, then check out the arbitrage bot on Pionex. As mentioned, KuCoins trading bot currently supports two settings. In the, c. Futures Grid: Bring Classic Grid To The Futures Market, Firstly, just like we can long or short a token on, d. Smart Rebalance: Grow Your Portfilio Even You Just HODL, Smart Rebalance can assist holders to further increase their returns. Q #2) Are trading bots profitable? Can I make profits with the KuCoin Trading Bot? Rewards will be provided to users who inform us of the above. 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. 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 Kucoin trading bots are automated cryptocurrency trading software strategies that any Kucoin exchange user can use free of charge. Presently, it supports up to 5 times leverage, which can increase the returns of your success trades by 5 times. Here are the three best options you should rely on for trading on the KuCoin platform. As soon as you set it up, the bot will do the work for you. 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. To complete the transaction, you must choose the amount of bitcoin you desire to swap with your Trading Bot. This post doesn't have any thought behind it. Many investors are familiar with this strategy, and I believe most of you have done this manually. With this strategy, you wont miss the whole bull market even the price exceed your upper limit. The only difference is that the bot is available only inside the mobile app. Furthermore, you can easily drag and drop your trading technique rather than having to write it. Press question mark to learn the rest of the keyboard shortcuts. Your personal information will be kept confidential. So, if you are a seasoned bot trader, you should give 3Commas a shot. Click to find more about KuCoin Trading Bot review. 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. Additionally, KuCoin trading bot provides free trading strategies which let you take returns without monitoring the market. From the perspective of a crypto exchange, this is always a good move. You should be aware that trading bots might cost you money, which is something to keep in mind. You can reach out to these services mainly on KuCoin and Pionex. 2.1 Create Spot Grid trading via "Auto" Parameters a. I've been trying a 50/50 rebalance bot with paxg and btc for a while. Full disclosure: I've had a few bots but am by no means an expert. 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. , Classic Grid works by selling high and buying low to gain profits in a specific price interval. Your own KuCoin Trading Bot will be up and operating in minutes, producing money for you while you're asleep. Using a trading bot gives you the flexibility to trade whenever you choose, day or night. 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. The KuCoin Trading Bot is a trading tool that. All Rights Reserved. Wed recommend trying out the bot with a small amount first, until you find a winning strategy. Yes. For the most up-to-current information, join the trading bot community on Telegram and stay up to date. Moreover, more orders being placed does not necessarily mean better performance. For more info about Smart Rebalance, check the tutorials for Smart Rebalance 1 and Smart Rebalance 2 . Is Kucoin Trading Bot Reliable? I just realized the best strategy that works for me is the Futures Grid Trading Bot. A ticket may be sent if you still have questions or concerns. 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. The repetitive task can be done with the tool here by the DCA bot. It is easy to start but it can be a bit hard to decide when to stop profit.