It sets up a grid of limit buy and sell orders within the selected channel . Thus, as soon as the price reaches one of the lines above the current price, the bot will sell X, taking profits in Y. When the price goes down — it will buy Y. And so on infinitely, while the price remains within the channel.
Read moreCan I trust pionex?
Pionex is not a scam. It’s 100% legit .
Read moreAre trading bots actually profitable?
In general, experienced traders who have harnessed the skills can use crypto trading bots to generate huge profits . On the other hand, traders who make hasty trades and lack explicit knowledge of the market can incur losses using crypto trading bots.
Read moreCan you trust Pionex?
Pionex is not a scam. It’s 100% legit .14 Mar 2022
Read moreAre Pionex trading bots profitable?
Trading bots do work . Pionex has several bots that serve different purpose. Arbitrage bot would help you earn profits with minimal risk . grid bots would help you buy the dips and sell the tops , Dca bots would help you dollar cost average would much stress .
Read moreHow long does Pionex take to withdraw?
Withdrawing cryptocurrency from Pionex is a simple and quick process. Once Pionex has received your instruction, they will begin processing your withdrawal immediately, and you will be able to track it. You should be able to finish your withdrawal within 5 minutes or less .
Read moreAre trading bots worth it?
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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