First, you will need to fund your Gate.io account with mainstream cryptocurrency such as USDT, BTC et cetera. Once your account has been funded, you can head over to trading area and purchase BOT .
Read moreWhat is grid bot?
Grid Trading Bot is a trading bot that assists you in carrying out the Grid Trading Strategy . It enables you to place a series of purchase and sell orders within a given price range. When a sell order is fully executed, the bot instantly places another purchase order at a lower grid level, and vice versa.
Read moreWhat is a grid trade?
Grid trading is when orders are placed above and below a set price , creating a grid of orders at incrementally increasing and decreasing prices. Grid trading is most commonly associated with the foreign exchange market. … They could also place buy orders below a set price, and sell orders above.
Read moreDoes KuCoin have a trading bot?
The KuCoin Trading Bot is a trading tool that allows users to gain passive income with automated trading strategies . It is built to be a zero-cost, time-saving, and simple-to-use trading tool for all classes of investors, and in variant market conditions, whether in a bullish, bearish, or volatile market.17 Oca 2022
Read moreIs the KuCoin 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.
Read moreHow does KuCoin DCA bot work?
The DCA Bot allows users to conduct an automatic investment plan , which is a way to control risks and earn long-term returns. KuCoin DCA Bot supports the Profit Target function. Users can set a target when setting up a DCA bot.
Read moreAre trading bots successful?
Answer: Trading bots are profitable for as long as you can configure them properly . The best crypto trading bots will obviously make a profit and it is essential to set to test them or have some sort of guarantee first before buying. Then it is essential to learn their working. Otherwise, they can also make losses.
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