Kucoin Trading Bots - Future Bots For An Easy Yet Profitable Crypto Trading

By Author: TrailingCrypto
Total Articles: 17
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Don’t have enough time to spend on crypto trading all day long? Try out crypto trading bots! Looking for the best crypto trading platform and bot? KuCoin trading bot platform is the better option which offers a number of strategies and tools that you can use to generate profits easily.

The crypto trading market is growing very fast and so is the number of strategies as well as trading platforms. More and more trading platforms and exchanges are coming up with automated trading strategies which could make the trading easier. Getting your hands on the right crypto trading bot is just like hitting a jackpot and you will get the jackpot only when a proper strategy of the bot keeps you earning money. Picking the right bot means half work is done.

A crypto trading bot outperforms the manual trading in every way. But it still has to be set up manually and has to inherit a trading logic. Most bots rely on the predefined features and tools which can be customized as per traders’ preferences. Today we will discuss about the KuCoin trading ...
... bot, and how to use it in your trading.

KuCoin Trading bot

As the name suggests, the KuCoin trading bot is a trading tool on KuCoin that takes trading tasks out of your hands. The tools allow you to pre-set certain conditions where the bot will execute trades, allowing you to trade while you sleep. The trading platform KuCoin also offers the best trading bots to the traders with some free trading strategies. The KuCoin trading bot is designed smartly and is quite effective for trading both spot cryptocurrencies as well as futures on the KuCoin exchange.

Traders can consider trading on this exchange via third-party trading platforms like TrailingCrypto. These platforms offer KuCoin trading bots to automate your trading strategies. Trading with KuCoin bot is quite easier and one can begin using it by simply depositing funds, selecting their strategy, and then enabling the bot.

Strategies used by KuCoin bot

The trading bot uses different strategies and tools to automate trade, and it can be used by anyone from the beginner to the expert trader who wants to make some extra money with their cryptocurrency portfolio. Currently, available strategies are described below:

• Spot Grid- In this strategy, the bot sells high and buys at the lower price.
• Futures Grid- In this trading strategy, the trader can earn profits from the current market trends.
• Smart rebalance- This kind of strategy aims at stabilizing the trader’s investment portfolio without having to sell any assets prematurely by taking advantage of price fluctuations to maximize profits while minimizing losses.
• Infinity Grid- This strategy uses an advanced algorithm to determine when to enter and exit any kind of trade based on real-time market volatility and volume changes.
• DCA- This kind of strategy means that the bot will buy the same coins over time and reduces trading risks.

How to use these strategies?

Using crypto trading bots can be great tool to take some basic activities out of your hands. However, it is not possible to drop all the trading work in the lap of bots just yet. This means, one should check the strategies timely. Especially the grid strategies require some analysis from the trader’s side in order to place the grid effectively. Also, when markets move, you will need to replace the grid.

Before using these bots make sure to set some basic guidelines for the bot to execute trades and walk away comfortably, then come back and hit the ground running. Bots are the kind of tools which you may use to trade smartly. Setting the tool with the right parameters to trade profitably still requires knowledge and skill.

Among several strategies, grid trading is used most commonly as this method allows traders to earn good profits even from the market price fluctuations by positioning any kind of buy or sell orders. In this kind of trading, the trading bot will buy crypto assets if the price drops, and sell them as the price climbs over the base currency at the preset intervals, and around the set price.

How KuCoin Trading Bot works?

Your own KuCoin Trading Bot will be up and operating within minutes after setting the strategies, producing money for you while you're asleep. Set up a Bot using the methods below to start earning profits:

Step 1: Choose the Trading Pair & Strategy
It's always a better idea to review the numerous strategies that have already been described above. This will give you a good idea of how much money you may expect to earn.

Step 2: Fund Your Account
Once you've settled on the trading strategy and a trading pair, the next step is to deposit money into your KuCoin wallet. Depositing the cryptocurrency you want to use to trade will be required once you have examined the numerous returns linked with your trading pair and the approach you choose to use.

Step 3: Decide the Amount You Want to Trade
To complete the transaction, make sure to choose the amount of Bitcoin you desire to swap with your Trading Bot. Once you've determined how much you want to earn, click on the "Confirm" option to get started.

Third-Party Trading Bots: Best for KuCoin

If you are an expert trader and want to make more profits, try using KuCoin trading bots. KuCoin's bot has been upgraded. And TrailingCrypto is one of the best and advanced crypto trading platforms that can help you out to set KuCoin trading bot as per your requirements. This is an all-in-one platform supporting more than 17 exchanges including KuCoin that can not only help its traders to trade many assets at a time but also boosts their trading knowledge. This multi-exchange platform is offering advanced features to the traders so that they can trade as efficiently as possible.