Is Kucoin trading bot free?

It’s completely free to use . As soon you open a free account with KuCoin, you can access the free trading bot. KuCoin provides the parameters of the most successful bots that others are using, so you can easily copy them to use as your own trading strategy.

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How do spot grid bots work?

This trading bot automates buying and selling on spot trading. It is designed to place orders in the market at preset intervals within a configured price range . Grid trading is when orders are placed above and below a set price, creating a grid of orders at incrementally increasing and decreasing prices.

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Are trading bots effective?

Bots are used by traders to take advantage of the cryptocurrency markets that trade 24/7 all over the world. The advantage bots have over investors is they can react quicker . Meanwhile, most investors also don’t have the time to dedicate to always get the best trade—something that bots can do.

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