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In case of a dramatic market fall, the Scalper bot won’t be just sitting there waiting when the price gets back to the trading range, like most of the existing grid bots on the market. Instead, it will follow the price to buy an additional amount of the base currency in order to reduce the overall entry price and hedge risks. Its growing range of trading strategies caters to the needs of low-risk and high-risk traders alike. Trading Bot supports spot grid (spot trading), DCA, futures grid and smart rebalance.

Whether one is a novice or advanced cryptocurrency trader, the KuCoin Trading Bot makes it easier to access the crypto world and diversify one’s portfolio. Every option serves a particular purpose, and users are free to switch between them at their leisure. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or If you have any type of questions concerning where and how you can make use of crypto trade bot, you can call us at our own site. position of CaptainAltcoin.com.

CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. Shrimpy is a crypto trade bot trading bot that executes trades on behalf of a user when the price is right, and it has been programmed to do so by their preferences. It is available in the form of a mobile app. This way, it frees up the trader from managing their assets constantly while they are away from their computers or phones.

Trading Bot has simple, yet effective, trading strategies. KuCoin has several critical reasons for launching this new free product. For traders, it removes the need to spend hours upon hours of researching market opportunities. Its AI-based parameters will help users gain more profits, and the solution can learn to become better. First of all, the team wants to bring professional investment tactics to everyday crypto traders and users. For example, if after launching a bot with an investment of 1,000 USD, the base coin rate decreases and the total assets of the bot are estimated at 1,050 USD, then the Change value becomes + 5%.

The Change column in the bot modal view shows a comparison between initial investment volume and their current state. The good thing is that Kucoin organizes frequent promotional campaigns during which it offers special discounts and trading free rebate coupons to its most active users. In short, the fees you have to count on with the bot are the same you would otherwise have to pay on the Kucoin’s platform. If you regularly check the news on Kucoin’s website, you might come across some rather lucrative offers.

7 months agoRight out of the box, users are given a web GUI that allows them to import historical market data, backtest their strategies, and kucoin run them live on their favorite exchange. Gekko is currently the most popular open source crypto trading bot with over 6,000 stars on Github. It also has extensive documentation on how develop your own strategies. One of Gekko’s strong points is its ability to chart results from backtesting and live trading which makes it perfect for beginners to immediately start running a strategy.

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