It is a passive approach to trading cryptocurrency and maximizing one’s potential profit. Human traders can’t keep up with the ongoing changes. "Unlike other financial markets, crypto trading occurs on a 24/7/365 scale. Traders will have more time to enjoy life and do what they like, knowing that their crypto trade bot
trading portfolio is working on their behalf." KuCoin acknowledges that its Trading Bot tool will solve the problem of needing sleep and trading based on emotions.
It offers sixteen completely free bots, which are compatible with Binance, Huobi Global, and Pionex exchange. Here you’ll find bots for Arbitrage, Martingale, Grid Trading, Spot-Futures Arbitrage, DCA, Rebalancing, etc. The first one that comes to mind is Pionex. However, custom strategies are not supported. As a free intelligent trading tool, it can help increase overall profitability for cryptocurrency traders. 4, 2021 /PRNewswire/ -- KuCoin, a global leading crypto exchange, is proud to announce today its new Trading Bot service.
VICTORIA , Kucoin Seychelles , Aug. The Trading Bot solution is now available to all users on mobile and through the web interface. Although there are competing solutions on the market, KuCoin’s Trading Bot will receive continuous updates and optimizations. Moreover, its strategic functions will provide the best of convenience and time-saving. Over 2.5 million KuCoin users use the free Trading Bot, and the team will launch more trading bots in the future.
The Trading Bot also provides free investment education services on demand for traders. Currently available through the KuCoin
App, and the web, users can experiment with the different options at their disposal. More importantly, this new tool is accessible to users regardless of their trading experience, as it is designed in such a way to help many people improve the overall profitability of their traders. The KuCoin Trading Bot solution provides numerous benefits to cryptocurrency traders, including convenience, efficiency, and powerful strategies.
This is accomplished by placing both Long & Short day trades along with the occasional Put Spread. By taking a market direction agnostic position we are attempting to outperform in both Bull & Bear market conditions. At any time, the market could transition from a bull to a bear market. In our opinion, the key to developing an algorithmic trading system that actually works is to account for multiple market conditions. "Unlike other financial markets, crypto trading occurs on a 24/7/365 scale.
Traders will have more time to enjoy life and do what they like, knowing that their crypto trading portfolio is working on their behalf." Human traders can't keep up with the ongoing changes," said Johnny Lyu , CEO of KuCoin Global, "KuCoin acknowledges that its Trading Bot tool will solve the problem of needing sleep and trading based on emotions. It is a passive approach to trading cryptocurrency and maximizing one's potential profit. Also, Bituniverse is recommended for the intermediate level of trader, but beginners you should consider the top 3 bots listed above.