Many investors are familiar with this strategy, and I believe most of you have done this manually. CaptainAltcoin.com does not offer any sort of financial or investment advice. A cryptocurrency trading bot Kucoin is a computer program that automatically or partially automatically buys and sells different types of cryptocurrencies at a certain time, either at the initiative of the trader or according to the algorithm of the program itself, in order to make a profit. This robot can help them, as it does most things automatically, and so the user doesnt have to do almost anything apart from providing the initial investment and a few parameters that would provide the robot with a base idea of what is expected of it. For learning more info, please visit this tutorial instead. 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. 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. This product has gained considerable attention and interest as to whether in a bullish, bearish, or turbulent market, it can offer the same convenience, time-saving, speed, and intelligence that make it stand out from the crowd of existing trading bots. More. While using a trading bot can monitor market holdings on your behalf and execute trades 24 hours non-stop. New assets added to the Trading Bots. KuCoin Trading Bot Adds CSIX/USDT and CSIX/ETH Trading Pairs 2023/02/20 13:47:46 Announcements Dear KuCoin Users, To enrich the variety of assets available, KuCoin Trading Bot has added CSIX/USDT and CSIX/ETH trading pairs. Reduce repetitive work. Kucoin Trading Bot Best Settings Just as the name suggests, Futures Grid Bot is a combination of futures and grid trading, which can bring grid profits for users when going long or short. 2. After that look for a coin that hasn't had a crazy price action like +/- 30%. You may also use the bot to automate your trading depending on the crypto signals you get. Thats what I do most of the time specially on Grid trading. Using this strategy, an automated system purchases and sells assets to maintain a well-balanced investment portfolio. The repetitive task can be done with the tool here by the DCA bot. According to the latest assessments, there are more than 800 coins available on the crypto exchange. Before relying on the bot and risking your investment, it's essential to have a look at the qualities of that specific bot. Trading Bots can "assemble and copy" repetitive tasks to help you easily execute trades. I have 3+ years of experience in trading bots, especially the grid trading bot. 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. Namely, on platforms such as Telegram, Reddit, and Trustpilot, there are many negative reviews of the bot. Start trading on KuCoin with automated trading bots from Bitsgap to start making profits today and finally funding your retirement! CopyRight 2017 - 2023 KuCoin.com. But its a hassle if you need to buy Bitcoin, ETH, or other cryptocurrencies every day. Perhaps only one of the mentioned strategies will work with you, and perhaps none will. any users who tried, how much did you invest and did you make any profit or loss? KuCoin Trading Bot provides 2 modes to create spot grid trading. As soon as you set it up, the bot will do the work for you. Kucoin is an exchange; therefore, these bots will be able to execute trades much . Simple, easy-to-understand features may help even newbie day traders make money. are expected soon, one of which might fit your trading needs. Using a trading bot gives you the flexibility to trade whenever you choose, day or night. It's a scam bot that takes users money that dont use it !! DCA is also good strategy since it automates away the boring part of buying a coin every time it dips in price. It gives a new way to generate passive income without always sitting in front of your laptop. The basic bot costs $29 per month, while the advanced bot costs &99 per month and has several other features. So you have tried it already too? What the bot does is help you execute your strategy even when youre sleeping. The fact that it is only several months old, however, means that changes and updates are very likely in the next few months. In addition, it may be used for DCA, smart rebalancing, and the like. Attach relevant screenshots or documents to this ticket and fully describe what's going on. Press question mark to learn the rest of the keyboard shortcuts. Everything else is done by the AI. CopyRight 2017 - 2023 KuCoin.com. KuCoin Trading Bot | Made 41% Profit with Crypto Bot A trading bot is an automated algorithm that executes the strategies for you. 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. Bitsgapis a well-known trading bot that can be downloaded for free. Network: Buy Bitcoins Instantly Using Debit/Credit Card, Buy Bitcoin Anonymously (without Verification or ID), Earning Passive Income With Kucoins Trading Bot. Traders will have more time to enjoy life and do what they like, knowing that their crypto trading portfolio is working on their behalf." Assuming that you want to allocate 40% of your fund to BTC, 30% to ETH and 30% to, For more info about Smart Rebalance, check the tutorials for. Bull markets are best for bot profitability but a volatile bear market can also garner solid profits. Hi, i am a kucoin user, i was always curious about trading bot, but i never tried as i only invested and traded in little amount, i wanted to try once, but i wanted to know is it really worth trading using a bot, is it profitable using only $100, what are the chances of losing money and how much % i would lose? Without these tips, you might have more losses during the trial and error with the bots. For more info about Classic Grid, check the tutorials for Classic Grid 1 and Classic Grid 2 . As long as your within the upper and lower ranges with small enough grids to capture the ups and down you make money. Markets are just data of prices of a currency with time. You can only use Classic Grid Trading Bot and DCA Bot on KuCoin, which is considered the simplest bot for new bot traders. From there on, it all depends on the behavior of the crypto markets. We only charge transaction fees per trade, just like any other form of trading on other markets. Dont want to go to much in depth but pretty much with Coin/BTC you dont have as much impermanent loss and you increase your BTC amount which is what matters as if you have more BTC you have more USDT. So read on! The Kucoin bot first saw the light of day in early 2021, and at the time, it had only three basic features. Step 1: Install KuCoin App Download and install KuCoin App, then locate "Spot Grid" on the homepage. The tools allow you to pre-set certain conditions where the bot will execute trades, allowing you to trade while you sleep. has been up and running for some time. Since the bot is meant for novice traders, it does not have the ability to handle some of the more complex parameters that are common in more sophisticated bots. KuCoin Trading Bot is a free trading tool that can help users save time and energy while improving their profit. Should you decide to ask around and see what the online community has to say about the bot, you might find some rather strange and contradictory reviews. What are you thinking you will lose by stopping the bot to compound your money. The KuCoin Trading Bot is a trading tool that. This bot can mitigate the risks and increase the chances of generating a profit from crypto trading. KuCoin's bot is still not that much upgraded and needs a lot of improvement to deal with complexities. To do so, one needs to not only thoroughly understand how the market works, but also keep up with new events new projects, and other developments. Keep track of your thoughts about the market. It sounds simple and easy, but if you have experience in trading before, you should be aware that its the most challenging part. Trading Bots are great for tracking and making the most out of market fluctuations, as they will continue to carry out arbitrage with the flow of the market. Your personal information will be kept confidential. Additionally, all API communication is encrypted with SSL and TLS 1.2 to keep your personal data safe from prying eyes. They assist in mitigating the harmful effects of market volatility in the long run. There are no costs involved, except those fees already being charged by the KuCoin crypto exchange market. has garnered much attention in the crypto sector. So it is important to understand how it works, and keep improving your strategies in practice. All Rights Reserved. If you fall out of the grid then your not making money so it could be a long term hold or build in a stop loss. That's why you should pick reliable software providers like 3Commas and use top-tier bots that convert data feed & strategies into tangible profits. What is Metaverse.Network & Bit.Country (NEER) and How Does it Work? In general, Kucoins trading bot can be described as reliable. I was a beginner in crypto when I found KuCoin. This is not exactly a new strategy in the world of investments, and a lot of people are quite familiar with it. The price is above your entry and bot has been running for more than 1 week. The one is "Auto", and another way is "Customize". Automate your trading with smart features. In addition, there are no API keys required since the bot runs on KuCoin. It's one of the few platforms where U.S. users can access a margin account for trading crypto, and it. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. Create an account to follow your favorite communities and start taking part in conversations. of orders places, and alike. ill try this one if you can answer me, i only remember the percent it was around 518%, so if you just put a 10 USD and times 518% that is my profit and minus the fee lmao if i am saying correct, but i did when doge pump lol. Find the next crypto gem on www.kucoin.com, People's Exchange. Have you tried it? 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. With this strategy, you wont miss the whole bull market even the price exceed your upper limit. what are the chances of losing money and how much % i would lose? Just as the name suggests, Futures Grid Bot is a combination of futures and grid trading, which can bring grid profits for users when going long or short. The whole point is get tons of hits that eventually add up. According to KuCoin, it is a combination of Futures and Grid trading, which can bring grid profits for users when going long or short. Manage your cryptocurrency assets with ease. There is no exaggeration in saying that crypto trading is one of the best investment domains in today's date. 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. You may trade on almost any of them at any given moment. Profitable bots are designed with the most effective strategies and rules that help best predict crypto price movements. In most cases, the market is fluctuating. It is another useful tool after Classic Grid, DCA, and Futures Grid to help users gain profits during market volatility. 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. The Futures Grid Bot can be used by investors who want to go short, as well as those who wish to go long, or even by those who want to increase their profits by trading with leverage. KuCoin is one of the largest cryptocurrency exchanges launched in 2017 by Eric Don and Michael Gan in Seychelles. Just like any other trading bot, it does what its told. This Kucoin trading bot review will take a closer look at the minimum investment required, the potential profitability, and the results that users can expect when using this service. It is easy to start but it can be a bit hard to decide when to stop profit. Q #2) Are trading bots profitable? The first three months of subscription are free, and you may cancel at any moment. Your are running bots per account. a. 11 comments Best Add a Comment kucoin_moderator 1 yr. ago BingX Review Is BingX.com Copy Trading Any Good? 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. Create an account to follow your favorite communities and start taking part in conversations. Trading Bots are great for tracking and making the most out of market fluctuations, as they will continue to carry out. Step 2: Choose "Trading Bot"--> "Futures Grid". I just realized the best strategy that works for me is the Futures Grid Trading Bot. KuCoin AMA With Pocket Network (POKT) Accelerating the Future of Web3 Infrastructure. The trading bot plays no magic here. Well, if it would be simple there would not be so many questions about it here. More details comparison for each features please visit the below blog post. In addition, the paper trading mode provided by CryptoHopper enables you to test your trading strategies and bots without risking your real money. All content on CaptainAltcoin is provided solely for informational purposes. Unlike other bot mobile apps, it has elements like an interactive UI or a floating window, which help it stand out from the others. An Arbitrage tool, a Market-Making bot, and a strategy builder are just some of the trading tools available on the site. Using the trading bot with a third-party provider means you need to connect your exchange account with an API Key. still didn't tr y the futures grid trading as i see it just like a leverage one where i also don't use, still grid trading bots for me and waiting for the market to recover before i start a new one again, Wouldnt it be better to setup a bot for now like setup a very low entry price since market is also dipping and just let it run? The KuCoin trading bot is free to use for any registered user on KuCoin. The bots parameters determine its trading strategy and are set by the user. This is the situation for now. With a Start Rebalance Bot, the percentage can always be close to your expectation as once it deviates from the initial setting, the bot will make a rebalance. What are the advantages of KuCoin Trading Bots? Everything You Need to Know about Bitcoin Halving. KuCoin also offers peer-to-peer, margin, and futures trading. Above or below this range, the bot will stop trading. So it is a good strategy in a volatile market, and higher volatility may bring higher returns. One is called AI parameters, which will suggest the bot settings based on the historical data of the coin. MarketPlace is also a critical component of CryptoHopper's architecture. The robot is also suitable for users who do not want to be exposed to high risks, or those who wish to trade in the futures market but lack the experience. Click "Create" to start a grid trading bot. You can reach out to these services mainly on KuCoin and Pionex. There are two subscription levels: basic and pro. And, if something is perfect for rookies and newcomers, it is usually frowned upon by more experienced crypto traders. , Classic Grid works by selling high and buying low to gain profits in a specific price interval. A better solution still exists for skilled traders and those who wish to maximize their bots. Nevertheless, it got attention from experienced traders. More importantly, this new tool is accessible. Then use AI parameters and decrease the number of placed orders until the profit per grid is at least 0.5%. Recently, the KuCoin Trading Bot has introduced its latest trading strategy called the Smart Rebalance. While a tool is just a tool, what it can achieve still depends on how we use it. You may expect a response from the support staff within a week. Since its start, more than 2.5 million bots have been produced and deployed by traders worldwide. KuCoin releases their homemade trading bot. Over the next few months, the bot has undergone slight modifications, and today it has six features. 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. The robot is programmed to do everything on its own, from collecting data to making a forecast and then acting on those forecasts. 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. Classic Grid is more complex, and essentially taken advantage of the volatility in crypto markets. This product has gained considerable attention and interest as to whether in a bullish, bearish, or turbulent market, it can offer the same convenience, time-saving, speed, and intelligence that make it stand out from the crowd of existing trading bots. This unofficial subreddit is set to discuss the newly launched KuCoin Trading bot. The purpose of creating KuCoin is to offer easy access to digital currency for every person worldwide. It's tough to sit in front of a computer screen and digcrypto chartsall the time to make a profitable trade. In the end, every investor has their own style and preference with trading, and if you dont, that only means that you didnt spend enough of your time doing research. Assuming that you want to allocate 40% of your fund to BTC, 30% to ETH and 30% to KCS, if you are simply holding, the value of these tokens may change over time and the portfolio percentage will soon no longer be 40% - 30% - 30%. Its a great tool even in different market conditions. Therefore, Kucoin has introduced its trading bot, available to all its users. In most cases, investors are unable to react quickly enough to these price changes in order to carry out the most profitable trade. Trading Bots can "assemble and copy" repetitive tasks to help you easily execute trades. Like other trading bots, KuCoin's trading bot is entirely safe and secure to use in a production environment. The only trading fee you will have to pay are the ones that are already charged by the Kucion crypto exchange. Can I make profits with the KuCoin Trading Bot? thats the easiest way to earn in this traidng bot imo, the AI grid most of the time, as i have no idea what price range i will put on them, This trading bot doesn't give us an entry or exit strategy, right? KuCoin Trading Bot is a free trading tool that can help users save time and energy while improving their profit. The KuCoin trading bot is presented on the Cryptorobotics trading platform. 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. Follow us on Twitter >>> https://twitter.com/kucoincom, Join us on Telegram >>> https://t.me/Kucoin_Exchange, Download KuCoin App >>>https://www.kucoin.com/download. If you choose the infinite grid, the price will never go above or below the limitations that you specify for it. 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. This one has a good pattern to use and maybe practice before jumping to something more volatile. First make sure you are using Coin/BTC pair and NOT Coin/USDT pair. Kucoin trading bots are automated cryptocurrency trading software strategies that any Kucoin exchange user can use free of charge. Best Crypto Signals (Telegram & Discord) Are Crypto Groups Worth It? A cryptocurrency trading bot is a piece of software that automatically trades on exchanges. Some may wonder, what is the meaning of rebalance? VICTORIA, Seychelles, Jan. 19, 2021 /PRNewswire/ -- On January 19, 2021, KuCoin, an IDG backed crypto exchange, announced that it officially launched the Trading Bot Feature. Quite a significant number of users engage in trading without previously learning all the basic rules and concepts. KuCoin acknowledges that its Trading Bot tool will solve the problem of needing sleep and trading based on emotions. However, a user must still give some input into what they believe the market direction will be (up, down, sideways) in order for the bot to execute a profitable strategy. For the most up-to-current information, join the trading bot community on Telegram and stay up to date. But Futures Grid has two unique features that can help investors make more profits. 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. But, this repetitiveness is exactly what makes it perfect for a DCA Bot. I just let mine go with $1500 for fun, just using the standard classic grid settings. According to Tradeciety, 80% of all day traders quit within their first two years, and active traders underperform market indices by 6.5% annually on average. How to set Auto parameters? Determine efficiency of your trading strategy. However, the complexities involved in the process are irritating for crypto experts. Instead then relying on KuCoin's native grid bots, consider utilizing one of the alternatives listed below. Still, it's an era of technology, and no trading bot can guarantee that your money will be completely safe from market losses. The core of this strategy is to increase the total amount of assets while maintaining the portfolio percentage basically unchanged. It means that the platform wants to accommodate as many bitcoin exchanges as possible in the near future. Rn we are in a bullish market which means BTC is overall bullish. Full disclosure: I've had a few bots but am by no means an expert. Rewards will be provided to users who inform us of the above. If you are new to Classic Grid, it has two features to help you get started easily. I've got three bots running now and they're all in profit at the moment. As a result, you should only invest money you are willing to lose. For a lot of investors, there are only a few strategies that are right for them and fit their style. If you don't earn any money from the bot, Mudrex Protect will reimburse your membership payments. Essentially, the . When the price drops into one of these grids, a buy order will be triggered; when it rises into another grid, a sell order will be triggered. Because of this, you don't have to spend a dime on any trading tactics. Not crazy money but nice returns over varying timeframes. Also, if the price goes underneath the price range you set the bot to purchase and sell it will no longer function until it reaches the range you set it as.. i encouraged to go underneath the average price range of the coin just in case shit hits the fan so that the bot can at least keep trading and making you profit even when the market is low, when the market is low. But, how useful will it be for an average trader? As a result of the leverage involved in futures trading, there are risks connected with using this bot under volatile market conditions. These crypto trading softwares are driven by ai or user based parameters and available to anyone with a Kucoin acocunt. So what actually happens in rebalance? And you can really make good profit! If, and this "if" is important to consider: You have to do it right! 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? This will give you a good idea of how much money you may anticipate making. Compatible with BTC, ETH, Litecoin, XRP, and many other coins. to find more about KuCoin Trading Bot review. Price, No. However, if you know what you are doing and if you set it properly, one will be more than enough. As a result, investors gain profit after submitting an investment to get the robot started. Naturally, the bot is limited to KuCoin only, with no other cryptocurrency exchanges supported. For more info about Smart Rebalance, check the tutorials for Smart Rebalance 1 and Smart Rebalance 2 . On the off chance that you feel like your total profit is great and the market might plummet. Unlike the normal crypto trading bot provider, such as 3Commas or Cryptohopper, its free for users to use KuCoin Trading Bot, just like how Pionex offers 12 free cyprot bot for their users. After the creation of the Classic Grid Trading bot, KuCoin decided to also add support for. Heres the must-read before using the trading bot. Also imo this strategy is the best low effort one for beginners. Spot-Futures Arbitrage Bot | 15~50% APR . However, always remember that higher returns imply higher risks. It supports over 25 different trading platforms (including but not limited to Poloniex and Binance). Essentially, all that the user needs to do is deliver the funding to the robot, and then instruct it to purchase a certain amount of their chosen cryptocurrency in a specific time interval. The strategy you choose to adopt will influence whether you make a profit or a loss. Press question mark to learn the rest of the keyboard shortcuts. There are, however, some who stand out. The trading bot has its own help center inside KuCoin. It's tough to sit in front of a computer screen and dig crypto charts all the time to make a profitable trade. That's the disadvantage for running a bot, probably to balance out the advantage of trading bot too, I only use Grid trading and the DCA most of the time and IMO its a good one even for newbies.. Will try to use the futures, also don't know how to used that one, gonna check out some tutorial on youtube later, Futures option just got available recently. The way a Futures Grid Bot works is similar to a Classic Grid Bot, both of them can make passive income by buying low and selling high. Users can use. Moreover, more orders being placed does not necessarily mean better performance. But they're all just a few hundred bucks gambled. As we can see on crypto trading leaderboards, some traders manage to have returns above 100% per year or more, all while trading in a market as volatile as this one.