KuCoin is definitely worth your time as a grid trading bot , and they are also a well-known exchange that have been around since 2017. They offer their clients a diverse range of cryptocurrency coins, but just note that their liquidity isn’t as strong as on other exchanges.15 Mar 2022
Read moreWhat is crypto grid trading?
Grid trading is a type of quantitative trading strategy . 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.5 Oca 2022
Read moreIs a grid trading bot profitable?
The Grid Trading applies the most fundamental trading concept (buy low, sell high, earn the difference), therefore it can be applied to nearly any market and effectively generate a profit , independent of trend or market behaviour.
Read moreHow does a grid bot make profit?
Grid Trading profits from the ups and downs of the market . You set a Price Range for the bot, adjust how many Grids you want and as long as the price stays within your set range, the bot will always sell a portion when the price goes a bit up and buy a portion when it goes a bit down.
Read moreAre bots profitable?
Answer: Trading bots are profitable for as long as you can configure them properly . Best crypto trading bots will obviously make profits 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.
Read moreHow does pionex make money?
Pionex uses a maker-taker fee schedule , which means that you’ll pay a fee when you place trades that “make” liquidity on the market and that “take” liquidity away from the market. If you place a trade that isn’t immediately matched by an outstanding order on the books, you’ll pay the maker fee.
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