2.1 Create Spot Grid trading via "Auto" Parameters a. Has anyone actually made money with the trading bot? : r/kucoin - reddit While using a trading bot can monitor market holdings on your behalf and execute trades 24 hours non-stop. More. In fact, many have been doing it manually for a long time. KuCoin Brings Trading Bot to Web Users to Optimize Investment Methods Once the target has been reached, you can have the bot either notify you or stop profit automatically. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. KuCoin Trading Bot is a free trading tool that can help users save time and energy while improving their profit. Kucoin Trading Bot Results (Futures) - Peer Through Media Grid profits represent the profits the bots have made in arbitrage trades since the time you started the bot upon entering the market. With the KuCoin Trading Bot, you do not lose sleep monitoring the market every time, all you need to do is set your trading strategies and the bot sells at your ideal . When to stop the Kucoin trading bot ? : r/kucoin - Reddit For instance, buy $50 worth of BTC at 8am everyday to slowly grow your holdings. CaptainAltcoin.com does not offer any sort of financial or investment advice. Currently, KuCoin supports Classic Grid Trading Bot and DCA Bot on the platform. I initially transferred 300 just to test the waters and Im up 10% already, so it makes me wonder if Im able to add more funds to a bot that is already running, or would I need to stop the bot and create a new one with the additional funds, but at a higher entry point now????? Lou Yu, Head of KuCoin Labs, to Speak About Web3 Incubation in Emerging Markets at Token 2049. Kucoin bot is a trading robot that helps to maximize trading profit and reduce human errors in the trading markets. Also having several orders will give you a very small return per sell. The core of this strategy is to increase the total amount of assets while maintaining the portfolio percentage basically unchanged. It's down a lot at the moment, about a third. Naturally, the bot is limited to KuCoin only, with no other cryptocurrency exchanges supported. Some may wonder, what is the meaning of rebalance? You can only use Classic Grid Trading Bot and DCA Bot on KuCoin, which is considered the simplest bot for new bot traders. Joint AMA of Johnny Lyu & Tokoin Full Transcript. Best KuCoin Trading Bots [review and comparison] - 3Commas And, if something is perfect for rookies and newcomers, it is usually frowned upon by more experienced crypto traders. maybe I'll try do it too. 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. Pros and cons of using a bot All Rights Reserved. However, if you know what you are doing and if you set it properly, one will be more than enough. Instead, its ideal to find a balance based on the chosen trading pair, the price range, and the number of orders. KuCoin Trading Bot offers multiple tools to help investors implement their trading strategies easily, increasing their winning chance in the crypto market. As the name suggests, the KuCoin trading bot is a trading tool on KuCoin that takes trading tasks out of your hands. So far, there are three main strategies that users can utilize in order to make a profit, namely: Classic Grid trading, 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. Secondly, leverages are supported on Futures Grid. KuCoin trading bot is KuCoins new feature which provides trading bots within the exchange itself. Plus, I recommend it for those users who dont want to be exposed to high risks. 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. The price is above your entry and bot has been running for more than 1 week. 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Only on Binance will you be able to utilize Bitsgap's futures trading bot starting in June 2021. The Explorer plan also offers a free trial period, which you may take advantage of. The KuCoin Trading Bot is a trading tool that. 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%. But, how useful will it be for an average trader? 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. Thats what I do most of the time specially on Grid trading. It's not a tool that once you get it, you will be winning all your trades. A ticket may be sent if you still have questions or concerns. KuCoin acknowledges that its Trading Bot tool will solve the problem of needing sleep and trading based on emotions. So what actually happens in rebalance? KuCoin's bot is still not that much upgraded and needs a lot of improvement to deal with complexities. And you can really make good profit! Paper trade it for a while and see how you go. Meanwhile, the average individual investor only underperforms a market index by 1.5% a year, which would mean that most traders would be better off buying ETFs tracking market indices. According to KuCoin, it is a combination of Futures and Grid trading, which can bring grid profits for users when going long or short. One of the best strategies for KuCoin grid bot : r/kucoin - reddit 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. KuCoin Trading Bot | Made 41% Profit with Crypto Bot I have 3+ years of experience in trading bots, especially the grid trading bot. We ssuggest similar type of bots to experienced traders. It also takes away the factor of emotions from trading. The correct expectation is that the bot helps you minimize the risks and eliminate human error and emotional decisions. 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. They assist in mitigating the harmful effects of market volatility in the long run. The most significant chunk of your funds is secured on the bitcoin trading platform's servers. 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. 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. According to KuCoin, it is a combination of Futures and Grid trading, which can bring grid . Moreover, more orders being placed does not necessarily mean better performance. Q #2) Are trading bots profitable? Kucoin bots are free and very powerful. It is equivalent to configuring a 24/7, all-around bot butler for your trading strategy. of orders places, and alike. Nevertheless, it got attention from experienced traders. After the creation of the Classic Grid Trading bot, KuCoin decided to also add support for. Yes. thats the easiest way to earn in this traidng bot imo, the AI grid most of the time, as i have no idea what price range i will put on them, This trading bot doesn't give us an entry or exit strategy, right? It's a do kwon creation though so it could all disappear. Its also possible to copy the performance of those on KuCoins leaderboard. Create an account to follow your favorite communities and start taking part in conversations. These crypto trading softwares are driven by ai or user based parameters and available to anyone with a Kucoin acocunt. In most cases, Classic Grid Bot can fulfil your needs, while Futures Grid bot is preferred if: a. At the time of launch, it didn't offer all the trading bot features but continuously evolved with time. KuCoin's trading bot is ideally used on volatile trading pairs, in which the cryptoasset users pick is preferably moving up. Additionally, KuCoin trading bot provides free trading strategies which let you take returns without monitoring the market. 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. Set up a Bot using the methods below to start earning passive income right now. The number of orders to be placed determines the price ranges the bot will operate on. Subscriptions to the platform are available at four distinct price points. NFT 101: How Will NFTs Promote the Overall Growth of the Metaverse? Many investors are familiar with this strategy, and I believe most of you have done this manually. By contrast, the original GRID only allowed for trading on the spot market. KuCoin's trading bot is generally considered reliable. Press question mark to learn the rest of the keyboard shortcuts. An ideal strategy will depend on the trading pair you want it to operate on. Full disclosure: I've had a few bots but am by no means an expert. More and more people are realizing its potential and hence willing to trade consistently. KuCoin Trading Bot provides 2 modes to create spot grid trading. It sounds simple and easy, but if you have experience in trading before, you should be aware that its the most challenging part. are expected soon, one of which might fit your trading needs. 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. 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. It's a scam bot that takes users money that dont use it !! In fact, I'm also into trading bot, but more on DCA and classic grid only. It turns out to be good, with my prediction with the Bitcoin price goes up. Well, if it would be simple there would not be so many questions about it here. How much can you really make.? The basic bot costs $29 per month, while the advanced bot costs &99 per month and has several other features. From the perspective of a crypto exchange, this is always a good move. Compatible with BTC, ETH, Litecoin, XRP, and many other coins. Dollar-cost averaging is not a new strategy when it comes to investing. You will be looking for a coin with less than +10%, preferably +5%. 11 comments Best Add a Comment kucoin_moderator 1 yr. ago 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. 16 Best Crypto Trading Bots for Automated Trading - Geekflare Before investing real money in the market, you may try out the bots in the Bitsgap trial trading mode. CaptainAltcoin.com 2022 - All Rights Reserved 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. If you are new to Classic Grid, it has two features to help you get started easily. Here are some features that the KuCoin trading bot offers to its users. They are as follows: When it comes to crypto assets, the bot supports pretty much all the coins that the platform itself supports. This is an experimental bot for auto trading the kucoin.com exchange. Kucoin trading bots are automated cryptocurrency trading software strategies that any Kucoin exchange user can use free of charge. The bots parameters determine its trading strategy and are set by the user. Your own KuCoin Trading Bot will be up and operating in minutes, producing money for you while you're asleep. 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. Also imo this strategy is the best low effort one for beginners. Haasbot Review: Is this the best cryptocurrency trading bot? If you are to use the trading bot, theres a discussion group on Telegram with users trying to find the best possible strategies. It's tough to sit in front of a computer screen and dig crypto charts all the time to make a profitable trade. All content on CaptainAltcoin is provided solely for informational purposes. Please make sure to do your own research, make educated financial decisions and consult your Financial Advisor. In short, this bot will automatically purchase a certain amount of pre-chosen token at a specific time set by the investor. It's tough to tell a future for sure since the bot is constantly upgraded with new features. Best 18 FREE Crypto Trading Bots in 2023 | Coinmonks - Medium 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. Powerful, AI-powered crypto trading bot to help you save time, trade 24/7, and automate your trading. The only difference is that the bot is available only inside the mobile app. SecuX V20 & W20 Review Is This Hardware Crypto Wallet Safe & Legit? 3 Altcoins to Explore | Gaming Tokens Continue to Outperform, Will Investors Keep Bullish on AXS? It gives a new way to generate passive income without always sitting in front of your laptop. A proof-of-concept thing for me.. Rewards will be provided to users who inform us of the above. Everything else is done by the AI. The main premise of the bot is to buy low and sell high in order to make profit in a highly volatile market. Profitable bots are designed with the most effective strategies and rules that help best predict crypto price movements. What is this? The bot waits for these price points to be reached, so it can either buy the cryptoasset low, or sell it high. The Top 6 Best Practices for Grid Trading Bot . So it is a good strategy in a volatile market, and higher volatility may bring higher returns. So how to make a choice between Classic Grid and Futures Grid? Because of competitive fees and other unique features, KuCoin has 10 million users and works in 200 countries. Where do the trading bot profits go to? : r/kucoin - reddit Classic Grid, aka Grid Trading Bot, is one of the most famous bots over the globe. 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. We make daily profit through great trading ideas and analysis. Smart Rebalance can assist holders to further increase their returns. 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 will give you a good idea of how much money you may anticipate making. 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. 3Commas recently released a new GRID bot as well as a DCA bot. The KuCoin Trading Bot is a trading tool that allows users to gain passive income with automated trading strategies. The other way is to copy others settings. Your trading progress right next to the terminal. KuCoin is one of the largest cryptocurrency exchanges launched in 2017 by Eric Don and Michael Gan in Seychelles. Essentially, all that the user needs to do is deliver the funding to the robot, and then instruct it to purchase a certain amount of their chosen cryptocurrency in a specific time interval. Unlike other platforms, it has the most advanced GRID Bot features including stop-loss, take profit, and trigger price. For learning more info, please visit this tutorial instead. Being a successful trader isnt easy, especially in the cryptocurrency space. I was a beginner in crypto when I found KuCoin. Start trading on KuCoin with automated trading bots from Bitsgap to start making profits today and finally funding your retirement! Other bot providers, for example, charge a monthly fee for their services. For a lot of investors, there are only a few strategies that are right for them and fit their style. The latest strategy introduced on KuCoin Trading Bot is Smart Rebalance, a strategy that is favored by crypto holders. However, KuCoin has few built-in trading bots, such as Grid bots for both spot and futures markets and a DCA bot. After that look for a coin that hasn't had a crazy price action like +/- 30%. Over the first half of 2021, the exchange constantly kept working on the robot in order to boost its functionalities and features and make it useful to as many users as possible, regardless of which asset they wanted to trade on the platform. 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. All things considered, the great majority of negative experiences are caused primarily by a lack of knowledge about crypto trading. It's tough to sit in front of a computer screen and digcrypto chartsall the time to make a profitable trade. 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. KuCoin's Trading Bot Product Celebrates 1st Anniversary with NFT Airdrop This is not exactly a new strategy in the world of investments, and a lot of people are quite familiar with it. 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. Trading Bots can "assemble and copy" repetitive tasks to help you easily execute trades. The KuCoin trading bot is presented on the Cryptorobotics trading platform. I've been trying a 50/50 rebalance bot with paxg and btc for a while. Keep track of your thoughts about the market. Although there are only two trading options, either buy or sell, many traders end up losing money in markets. Best trading bots for Kucoin: Complete Review for 2023 in UK Perhaps only one of the mentioned strategies will work with you, and perhaps none will. a. 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. 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 has been up and running for some time. In most cases, the market is fluctuating. It means that the platform wants to accommodate as many bitcoin exchanges as possible in the near future. Of course, the reason why the robot is so successful is that its decisions are not affected by the human factor. You may also use the bot to automate your trading depending on the crypto signals you get. Additional trading bots forcrypto signalsobtained on Telegram channels are available on the site. 14 BEST Binance Trading Bots in 2023 (TOP Free & Paid) Moreover, it has 500+ cryptocurrencies listed on the platform to provide an array of options for investors. LOL until KuCoins app locks when FUD happens and your bot liquidates costing you thousands of USDT. If you choose the infinite grid, the price will never go above or below the limitations that you specify for it. I want to see other peoples experience about it as well. On average 1$ today is worth less than 1$ next month and 1 BTC today is worth more than 1 BTC next month. It supports over 25 different trading platforms (including but not limited to Poloniex and Binance). Its one of the most complicated parts and always having trouble when the traffic is high. KuCoin Trading Bot Adds CSIX/USDT and CSIX/ETH Trading Pairs Grid trading is the basic type of trading, and so it is something that can easily be handled by KuCoins trading bot. No matter how good the bot is, it will eventually increase the overall traffic on the platform. At the time of writing, KuCoin offers five different trading strategies with the promise of revealing many more. Start trading On website Bitsgap Highlights Kucoin is a popular cryptocurrency exchange that offers a trading bot service to its users. The Best Bitcoin Strategy | How to Invest In Bitcoin with Trading Bots? Diversifying your sources of income is one of the first stops on the road to financial independence. It means that if you think Bitcoin price will go down, you can also implement grid trading via Futures Grid on KuCoin Trading Bot. PnL is a trading term for Profit and Loss and is a calculation of your profits or losses since entering the market. In addition, the bot can handle up to 100 different currencies and tokens. 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. You may expect a response from the support staff within a week. KuCoin, on the other hand, offers a free trading bot, and you have to pay the trading costs. KuCoin charges rock-bottom fees and supports trading in a huge range of cryptocurrencies. Whats the difference between KuCoin Trading Bot and other Bots. During this time HODL-ing BTC will outperform a lot of trading strategies and give you +% returns. with the flow of the market. It buys at a low price and sells at a high price within a set price range. The trading bot for KuCoin follows the settings that you set. Find the next crypto gem on www.kucoin.com, People's Exchange. It profits from the spot market and futures market without worry about price volatility. The outcome of every bots trade depends solely on the settings you choose and on the movements of the market. Click Here to download the latest version of the KuCoin App and hope you can enjoy the trading experience with KuCoin Trading Bot. Furthermore, it allows you to trade in many markets simultaneously while limiting your risk by distributing all of your money across different techniques. I've got three bots running now and they're all in profit at the moment. You'll have plenty of space to experiment and experiment freely with the free plan. There are no costs involved, except those fees already being charged by the KuCoin crypto exchange market. 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. Spot grid is the most efficient and least risky, especially if you choose a good trading pair. There is no minimum investment, but some bots make no sense starting if the investment is not at least $50. It employs the buy short and sells high strategy when trading futures. 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. 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. Kucoin Trading Bot Best Settings 70% Profit On Yfi/usdt - Binance Futures Bybit Bitfinex Wazirx Coindcx 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. Recently, KuCoin releases their homemade trading bot, which frees you from the API keys. I know classic grid and dca, haven't tried the futures grid cause remind me of leveraging lol saw the % apr there and its super high. KuCoin is an established cryptocurrency exchange that offers a wide range of crypto assets and crypto-related services. The KuCoin app, through which you can use the bot, is available on app stores and can be directly downloaded here. With this strategy, you wont miss the whole bull market even the price exceed your upper limit. You want to apply leverages in your trade. This is not financial advice. Heres the must-read before using the trading bot. The core of this strategy is to increase the total amount of assets while maintaining the portfolio percentage basically unchanged. KuCoin warns traders that different investment times could mean the performance of the bots will be different. KuCoin trading bot is a free trading tool which can help users to save time and energy while improving their profits. Additionally, all API communication is encrypted with SSL and TLS 1.2 to keep your personal data safe from prying eyes. But its a hassle if you need to buy Bitcoin, ETH, or other cryptocurrencies every day. Assuming that you want to allocate 40% of your fund to BTC, 30% to ETH and 30% to KCS, if you are simply holding, the value of these tokens may change over time and the portfolio percentage will soon no longer be 40% - 30% - 30%. KuCoin's Trading Bot Product Celebrates 1st Anniversary with NFT