KuCoin Trading Bot is a powerful and secure software that helps traders stay on top of all their trades. It works without market sentiments and allows users to build automated strategies for a wide variety of exchanges. The system is suitable for both beginners and experienced traders. The platform also comes with various exciting trading pairs, such as BTC/NEO, BTC/GAS, and more.
The app is very user-friendly and allows you to create several types of trading strategies in just a few minutes. You can use one of the pre-set packages or create your own design. There are also numerous pre-made indicators you can choose from.
The app also gives you the ability to set up a Smart Rebalance Bot. This feature can help you to automatically rebalance your investments whenever there is a substantial deviation between the ratios. You can choose between long and short trading, and it can be configured with an investment margin. You can also set the rebalancing period.
There are also various passive income options for KuCoin users. You can earn by lending or staking coins, and you can also gain passive income through the various trading bots on the platform. You can start your own trading bot or copy the strategies of some of the high performing ones.
The dashboard on the KuCoin App shows a summary of your traded positions, along with your balance and fees. You can also view the history of your transactions. In addition, you can receive notifications when a new trade is detected. You can also close a trade or get back your assets. The dashboard includes a trailing stop loss and a take profit.
The KuCoin App can also be used to set up Dollar-Cost Averaging. This strategy is ideal for long-term investing. Instead of making repeated purchases of tokens, you buy a fixed amount and then sell it after a certain period. It is a strategy that has been proven to be effective. However, it can be difficult to stick to it without a trading bot.
KuCoin has also developed a series of trading bots for you to choose from. They include the Classic Grid, the Spot Grid, the Futures Grid, and the Infinity Grid. You can set them up manually or with an AI bot. The Classic Grid is one of the most popular bots on the platform. It works on both futures and spot markets, and it allows you to customize the price range. The bot can also be set up with a stop loss, investment margin, and entry price.
The Futures Grid is a more advanced trading bot. It combines the grid and futures trading strategies. You can set it up as a short trade, a long trade, or a custom bot. The bot will buy when the price is low, and sell when the price is high. You can also use the grid to split your investment into multiple grids. The bot will automatically rebalance when the percentages of the balance deviate by more than a certain percent.