Whether you are a beginner or an advanced trader, the KuCoin trading bot can help you get the most out of your crypto portfolio. The bot helps you to minimize risks and gain a stable profit. The bot can be set to automatically handle all of your trades for you. You will need to deposit your cryptocurrencies into your trading wallet. You will also need to set the parameters for your bot. These parameters can vary depending on your strategy and the current market conditions.
The KuCoin trading bot has been in development for a couple of months. It currently supports more than 100 different types of cryptocoins. The design of the bot is straightforward and intuitive. It supports DCA, Infinity Grid, classic grid trading, and dynamic rebalancing. There is a wide variety of articles and FAQs to help you get started.
The KuCoin trading bot is available to use on iOS and Android devices. The mobile app is interactive and offers the same features as the website. A floating window allows you to view trades without having to close the app.
You can choose a trading strategy for the KuCoin bot to run. You can either choose a long-term investment strategy such as DCA, or choose to trade based on mid-term returns. The best time to use the bot is in the early stages of a bull market. It is also important to note that there is no guarantee of safety in the market. However, this bot provides a much higher reward:risk ratio than most other bots.
KuCoin’s trading bot is free to use. In addition, KuCoin offers special discounts for the most active users. It also offers a help center to help you find answers to any questions that you might have. You can also send a support ticket if you need assistance. It is recommended that you visit the website often to find lucrative offers.
Before you can use the KuCoin trading bot, you must first deposit the cryptocurrency into your trading wallet. Then you will need to examine the trading pair and decide on a profit target. This will affect the bot’s outcome. You can use advanced orders to increase your APY or leverage a stop-loss.
In addition to using a trading bot, you can also use the KuCoin telegram group to discuss trading strategies. It is recommended that you follow the group and stay on top of what’s happening in the market. The trading bot can help you to make money even when the market is sideways.
KuCoin’s trading bot supports DCA, Infinity Grid, classic Grid trading, and dynamic rebalancing. You can also use Trailing Stop Orders to ride trending markets. These orders open and close Trailing Buy and Trailing Sell orders. You can manually stop the orders when you see them getting too close to your profit level. You can also set a profit realization level when you make a 20% profit.
KuCoin has a free trading bot that supports more than 100 types of cryptocoins. You can download the app and use it on iOS or Android devices.