But pionex margin bot is different imo. Let’s say if I have 100 and i set leverage to 3× and I buy ex- btc 3x then sell for profit.… Ik what margin trading is I’m currently reading margin on binnace. Currently, there are three trading bots on KuCoin. Classic Grid helps traders to sell high and buy low, aka volatility killer. Classic Grid Trading Bot , Futures Grid Bot and DCA Bot , and the grid bot is the most popular one on KuCoin.
Pionex charges only 0.05% for each trade, which is considered the lowest trading fee and doesn’t need you to hold any platform token for this rate. While using a grid trading bot, it will execute tons of transactions for you. KuCoin Trading bot charges 0.08% and 0.06% for each trade respectively for Classic Grid Trading Bot and Futures Grid Trading Bot. Although each trade is profitable after considering the trading fee, you’ll earn more using a grid trading bot with a lower trading fee.
The trading fee is one of the crucial parts that investors should focus on. Freqtrade is a free and open source crypto trading software. With Freqtrade, you can create fully customizable trading bots, make backtests, etc… The software is developed in python and is compatible with Windows, MacOS and Linux. In this post, we’re going to dive deep into the KuCoin trading bot and what’s the difference between the Pionex trading bot. By using trading bots within the exchange, crypto trading bot traders will be free from the API glitch nightmare during the high traffic period.
More and more exchanges now support crypto trading bots inside the crypto trade bot
exchange. Main Features • 600+ coins are available, including the new cryptocurrencies. • 420+ quality assets such as BTC and ETH, DeFi and NFT. • Enjoy the lowest fees in crypto. • 20+ languages KuCoin communities to share industry information. • Various projects for wealth growth. • User-friendly to all classes of investors. • Easy and simple to buy crypto with credit cards. • 50+ fiat are supported to trade.
The more you buy, the fewer fees you pay. If we had personalized our strategy by better managing our risk, this would not have happened. We notice via the Worst day value that one day the robot lost 28.54%, which is considerable. In the meantime, you can consult our guide about trading bots to learn more about trading bots. And that’s the subject of our next article [Tutorial] Create your own trading bot strategy with Freqtrade.
We notice that the robot has 20 winning trades against 7 losers which questions us on the reason of the final result. Answer If you have deposited a token into KuCoin which the platform doesn’t list, even if the receiving address belongs to KuCoin, your deposit will not be able to be credited to your account. Occasionally, customers may mistakenly deposit funds… If you encounter Binance error "Timestamp for this request is 1000ms ahead of the server's" you should sync your system time with Binance.
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