Whats the difference between KuCoin Trading Bot and other Bots. Like other trading bots, KuCoin's trading bot is entirely safe and secure to use in a production environment. Mudrex, the trading bot provider, has more than 10,000 investors and more than 200 indicators on its platform. Perhaps only one of the mentioned strategies will work with you, and perhaps none will. The core of this strategy is to increase the total amount of assets while maintaining the portfolio percentage basically unchanged. 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. If your KCS is in the trading bots, then the KuCoin Bonus will be automatically received at 00:00 ( UTC time) every day and goes to the bot sub-account. In a sense, grid trading is to buy low and sell high between two tokens, while Smart Rebalance is to do so among all the tokens in your portfolio. CaptainAltcoin.com 2022 - All Rights Reserved Take the classic grid, for example; it helps you accumulate more coins when the price dip and gradually profit when the price rises. to find more about KuCoin Trading Bot review. Above or below this range, the bot will stop trading. I have 3+ years of experience in trading bots, especially the grid trading bot. The launch of the KuCoin exchanges official trading bot has garnered much attention in the crypto sector. When it comes to the risk/reward strategy, the greater the Performance score (which Mudrex employs), the better it is. The core of this strategy is to increase the total amount of assets while maintaining the portfolio percentage basically unchanged. But the good part is that they have more bots and signals, but you need to pay for the monthly subscription fee that sometimes eats your monthly profit. The platform has been operational for more than three years without any major issues that resulted in customer losses. Being a successful trader isnt easy, especially in the cryptocurrency space. It helps you to buy and sell Bitcoin without screening. has been up and running for some time. If you don't earn any money from the bot, Mudrex Protect will reimburse your membership payments. The only trading fee you will have to pay are the ones that are already charged by the Kucion crypto exchange. Spot grid is the most efficient and least risky, especially if you choose a good trading pair. The KuCoin crypto exchange market already charges fees, thus no more costs, and it isn't unusual since the company gets a cut of the profits. Start trading On website Bitsgap Highlights As a result, investors gain profit after submitting an investment to get the robot started. Step 1: Download the KuCoin app here. You are limited to one Kucoin bot application per device. For instance, if you believe Bitcoin price will fluctuate between 30k and 40k in the following days, you can set the two prices as the price range of your Classic Grid. Other than Grid Trading Bot, Pionex supports 12 free trading bots for different investors with different risk-tolerant. The bots arent a magic money machine. There is also a third-party Marketplace for CryptoHopper services, such as trading tactics and templates, as well as other third-party services like CryptoHopper signals and apps. While using a trading bot can monitor market holdings on your behalf and execute trades 24 hours non-stop. Sign up on KuCoin, and start trading today! For instance, buy $50 worth of BTC at 8am everyday to slowly grow your holdings. Lou Yu, Head of KuCoin Labs, to Speak About Web3 Incubation in Emerging Markets at Token 2049. . This one has a good pattern to use and maybe practice before jumping to something more volatile.