The trading bot has its own help center inside KuCoin. Bitcoin or Ethereum may be deposited into a trading wallet based on your desire. 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. The trading bot for KuCoin follows the settings that you set. What are the advantages of KuCoin Trading Bots? Of course, the reason why the robot is so successful is that its decisions are not affected by the human factor. Create an account to follow your favorite communities and start taking part in conversations. CaptainAltcoin.com 2022 - All Rights Reserved 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. 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. That's why you should pick reliable software providers like 3Commas and use top-tier bots that convert data feed & strategies into tangible profits. Just like any other trading bot, it does what its told. Click Here to download the latest version of the KuCoin App and hope you can enjoy the trading experience with KuCoin Trading Bot. Over the next few months, the bot has undergone slight modifications, and today it has six features. The robot is programmed to do everything on its own, from collecting data to making a forecast and then acting on those forecasts. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Advanced traders and crypto investors can leverage advanced orders like real-time charting, limit orders, stop-loss to earn more from crypto trading bots. KuCoin Trading Bot offers multiple tools to help investors implement their trading strategies easily, increasing their winning chance in the crypto market. 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. That is not how it works. Before investing real money in the market, you may try out the bots in the Bitsgap trial trading mode. Full disclosure: I've had a few bots but am by no means an expert. Just keep your profit per grid low and don't get greedy! Keep track of your thoughts about the market. KuCoin has a good reputation in the industry at this time. Its one of the most complicated parts and always having trouble when the traffic is high. 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. KuCoin is an established cryptocurrency exchange that offers a wide range of crypto assets and crypto-related services. (Futured Grid running page provided by KuCoin user). To complete the transaction, you must choose the amount of bitcoin you desire to swap with your Trading Bot. 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. Keep on reading if you want to know more about this amazing tool to simplify your trading process. Furthermore, you can easily drag and drop your trading technique rather than having to write it. Members are invited to test, discuss, and give feedback about this trading bot, welcome aboard. Your trading progress right next to the terminal. of orders places, and alike. You still need to be involved and put in the time, effort, and knowledge necessary to make a great success in your trades. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com, You are limited to one Kucoin bot application per device. Dear KuCoin Users,To enrich the variety of assets available, KuCoin Trading Bot has added AIPAD/USDT trading pair.New assets added to the Trading Bots. Spot Grid:AIPAD/USDTMartingale:AIPAD/USDT Infinity Grid:AIPAD/USDT DCA:AIPADStart creating a Trading Bot to profit more!Regards,The KuCoin . PnL is a trading term for Profit and Loss and is a calculation of your profits or losses since entering the market. 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. Markets are just data of prices of a currency with time. It is a passive approach to trading cryptocurrency and maximizing one's potential profit. The most significant chunk of your funds is secured on the bitcoin trading platform's servers. 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. Using a trading bot gives you the flexibility to trade whenever you choose, day or night. Telegram users may now utilize the CryptoHopper signaling bot provided by the program. 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. A smaller number will see the bot buy after a significant drop, and sell after a surge. Using Mudrex, you can create, test, and implement trading strategies. Using this strategy, an automated system purchases and sells assets to maintain a well-balanced investment portfolio. As most of us can hardly predict the real dip of the market, DCA can help optimize our average entry price in most cases. 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. All content on CaptainAltcoin is provided solely for informational purposes. KuCoin trading bot is KuCoins new feature which provides trading bots within the exchange itself. The number of orders to be placed determines the price ranges the bot will operate on. Presently, it supports up to 5 times leverage, which can increase the returns of your success trades by 5 times. For using a trading bot, it doesnt mean that youre guaranteed to make profits. There are no costs involved, except those fees already being charged by the KuCoin crypto exchange market. Kucoin Trading Bot Review Minimum Investment, Profitability, Results, Can You Lose Money With Crypto Trading Bots, What Is the Kucoin Trading Bot Minimum Investment, What Is The Best Kucoin Trading Strategy. 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 can be your center of interest as the platform itself develops it and is completely free. 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. any users who tried, how much did you invest and did you make any profit or loss? 278% (2 days GRT), 635% (28 days API3), and 125% (37 days CAKE) net APRs. The fact that it is only several months old, however, means that changes and updates are very likely in the next few months. You want to make a profit in a downward trend market, or, b. KuCoin also offers peer-to-peer, margin, and futures trading. Users can use. Before relying on the bot and risking your investment, it's essential to have a look at the qualities of that specific bot. As you all know, there are three main strategies that users can utilize in order to make a profit using the trading bot. Per Mudrex, all-important personal information is protected using bank-level AES-256. what are the chances of losing money and how much % i would lose? It also takes away the factor of emotions from trading. At the time of launch, it didn't offer all the trading bot features but continuously evolved with time. Set up a Bot using the methods below to start earning passive income right now. Click "Create" to start a grid trading bot. A ticket may be sent if you still have questions or concerns. In DCA, or dollar-cost averaging, funds are divided and invested by computer programs following a predetermined time cycle. 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. However, always remember that higher returns imply higher risks. Everything You Need to Know about Bitcoin Halving. In fact, many have been doing it manually for a long time. What the bot does is help you execute your strategy even when youre sleeping. How Many Crypto Bots Can I Have at the Same Time? How much can you really make.? This unofficial subreddit is set to discuss the newly launched KuCoin Trading bot. 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. The best free crypto trading bot in 2022, as found in our independent testing, is Pionex! This one has a good pattern to use and maybe practice before jumping to something more volatile. There is no minimum investment, but some bots make no sense starting if the investment is not at least $50. New assets added to the Trading Bots. 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. Let's say that the bot makes 10 usd in profit on a trade, cand i take that profit without stopping the whole bot? Make use of Crypto Base Scanner Signals and Altrady bot. Here are my results on the KuCoin Trading Bot. The volatility is clutch for the bots to shine truly. For the most up-to-current information, join the trading bot community on Telegram and stay up to date. So it doesn't do any technical analysis. The KuCoin trading bot is free to use for any registered user on KuCoin. You can have only one account. Unlike other bot mobile apps, it has elements like an interactive UI or a floating window, which help it stand out from the others. 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. In the case of extreme market volatility, a risk of liquidation still exists. 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. Lou Yu, Head of KuCoin Labs, to Speak About Web3 Incubation in Emerging Markets at Token 2049. CryptoHopper, a one-stop-shop platform, offers a variety of services, including trading bots, exchange arbitrage, copy trading, backtesting, strategy design, and more. But it's easier said than done. So how to make a choice between Classic Grid and Futures Grid? Some may wonder, what is the meaning of rebalance? However, if you know what you are doing and if you set it properly, one will be more than enough. 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. The KuCoin trading bot is presented on the Cryptorobotics trading platform. This should not come off as odd, though, since the company gets their share of profits anyway. In addition, the bot can handle up to 100 different currencies and tokens. 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. Press J to jump to the feed. Yes. If the price of a cryptoasset is surging or plunging, it may be more profitable to just hold a long or short position. 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. You may also use the bot to automate your trading depending on the crypto signals you get. Press question mark to learn the rest of the keyboard shortcuts. They have the Classic Grid, Futures Grid and DCA. If you choose the infinite grid, the price will never go above or below the limitations that you specify for it. Diversifying your sources of income is one of the first stops on the road to financial independence. Additional trading bots forcrypto signalsobtained on Telegram channels are available on the site. Well, if it would be simple there would not be so many questions about it here. More trading bot strategies are expected soon, one of which might fit your trading needs. You want to apply leverages in your trade. DCA stands for dollar-cost averaging and simply sees the bot help you dollar-cost average your investments into a specific cryptocurrency. This is an experimental bot for auto trading the kucoin.com exchange. So it is important to understand how it works, and keep improving your strategies in practice. It is an automated program that executes buy and sell orders when predetermined market conditions are met. Profitable bots are designed with the most effective strategies and rules that help best predict crypto price movements. 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????? By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. 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 . As a result, you should only invest money you are willing to lose. Most bots running for a couple of days will result in a nice grid profit. Bitsgap also offers a Futures trading bot with a minimal risk threshold. Spot Grid: CSIX/USDT, CSIX/ETH Martingale: CSIX/USDT, CSIX/ETH Infinity Grid: 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. with the flow of the market. KuCoin Trading Bot is a free trading tool that can help users save time and energy while improving their profit. Once you've settled on a trading strategy and a trading pair, the next step is to deposit money into your KuCoin wallet. Unlike other platforms, it has the most advanced GRID Bot features including stop-loss, take profit, and trigger price. Since the bot has fairly recently left the development stage, it is still free to use. It is built to be a zero-cost, time-saving, and simple-to-use. The other way is to copy others settings. Paper trade it for a while and see how you go. In addition, KuCoin gives users access to a telegram group dedicated to exchanging ideas and exchanging trading strategies. Powerful, AI-powered crypto trading bot to help you save time, trade 24/7, and automate your trading. Thats what I do most of the time specially on Grid trading. Currently, the rebalance can be triggered on ratio or time per your settings. 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. With DCA Bot, its easy for you to DCA in Bitcoin for $1 every 10 minutes. There are two subscription levels: basic and pro. It's a do kwon creation though so it could all disappear. The purpose of creating KuCoin is to offer easy access to digital currency for every person worldwide. In addition, it may be used for DCA, smart rebalancing, and the like. Automate your trading with smart features. I was a beginner in crypto when I found KuCoin. Or rather, to spend a certain amount of the deposited funds for purchasing specific crypto in a specific time interval. Kucoins bot is a perfect source of passive income. Reward amounts will be determined based on the type and relevance of the information provided. In most cases, investors are unable to react quickly enough to these price changes in order to carry out the most profitable trade. A: You'll receive daily KCS bonus rewards by holding at least 6 KCS in either your main, trading, or margin account and on Pool-X (unstaked/unlocked/tradable) and keep it for more than 24 hours. I just let mine go with $1500 for fun, just using the standard classic grid settings. It's one of the few platforms where U.S. users can access a margin account for trading crypto, and it. 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). Kucoin is an exchange; therefore, these bots will be able to execute trades much . 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. 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. As long as you pay the monthly costs, the platform is entirely risk-free. I'm also not very familiar with this part of the trading bot maybe because I'm actually more into the classic grid, for those have a leverage experience, yes the new trading bot is very good to run as you said that it have a low risk too, You mean the futures bot? For winning in your trade, you still need some experience in technical analysis. Now the investors need to put some commands on the bot and sit back to relax. Also imo this strategy is the best low effort one for beginners. 2. Here are the three best options you should rely on for trading on the KuCoin platform. An ideal strategy will depend on the trading pair you want it to operate on. With the futures market offering great possibilities even when the prices are dropping, futures trading is very popular during bearish periods. Trading Bots can "assemble and copy" repetitive tasks to help you easily execute trades. 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. Quite a significant number of users engage in trading without previously learning all the basic rules and concepts. Answer: Yes, they are profitable depending on the type of trading strategies employed and market conditions. Get notified when coins are being delisted, KuCoin Trading Bot Review: A Future of Easy Yet Profitable Trading, Need a monthly subscription to access all features, Mobile App equipped with almost all features, No hidden fees apart from monthly subscription, Strategies can be created by simply drag and drop process, Don't require connecting with the third party, It offers a long list of coins for trading. It's tough to sit in front of a computer screen and digcrypto chartsall the time to make a profitable trade. Although there are only two trading options, either buy or sell, many traders end up losing money in markets. Step 1: Install KuCoin App Download and install KuCoin App, then locate "Spot Grid" on the homepage. Its a great tool even in different market conditions. The basic bot costs $29 per month, while the advanced bot costs &99 per month and has several other features. Its performance, therefore, depends primarily on the settings you choose and on the movements of the market during the chosen period.As we already mentioned, the bot is made for traders who dont have much experience, and it doesnt support certain complex settings common for more sophisticated bots. Lastly, KuCoin exchange also offers the third type of trading robot, known as the DCA Bot. As a result, investors gain profit after submitting an investment to get the robot started. For instance, if you rebalance your investment portfolio every four hours, you can use a Smart Rebalance Bot and program it so that the Bot will automatically balance your investment portfolio. 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. Investing in or trading cryptoassets comes with a risk of financial loss. It is easy to start but it can be a bit hard to decide when to stop profit. 3Commas is a top cryptocurrency trading bot. CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. You may trade on almost any of them at any given moment. So all you have to do is to download it, run it, and your investing adventure may begin. The core of this strategy is to increase the total amount of assets while maintaining the portfolio percentage basically unchanged. The bot will soon have new features, including Margin Grid, Extreme-Volatility Killer, and Dynamic Position Sizing. Portfolio rebalancinghas been a tried-and-true method of investing for many years. 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. I just realized the best strategy that works for me is the Futures Grid Trading Bot. Mudrex, the trading bot provider, has more than 10,000 investors and more than 200 indicators on its platform. While a tool is just a tool, what it can achieve still depends on how we use it. The Best Bitcoin Strategy | How to Invest In Bitcoin with Trading Bots? The KuCoin crypto trading bot may be handy if you keep using KuCoin and don't live in the US. Being one of the finest the KuCoin trading platform paid attention to this feature and introduced its trading bot at the start of 2021. You are limited to one Kucoin bot application per device. Can I make profits with the KuCoin Trading Bot? Your personal information will be kept confidential. 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.