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KuCoin Bot Trading - A Quick Review 2022 - TrailingCrypto

Started by Bitcoin, Sep 15, 2022, 05:09 pm

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KuCoin Bot Trading - A Quick Review 2022 - TrailingCrypto

KuCoin Trading Bot 2022 - Is it the Best Alternative to Automate Your Trades!
Automated trading and making use of crypto trading bots have become one of the hottest trends in cryptocurrency trading world. And, this is a good thing too! Whether you are a seasoned trader or a beginner, trading bots let you buy and sell digital assets with maximum profits. A crypto trading bot outperforms a human trader in many ways.
Investing in cryptocurrencies is quite beneficial and profitable if you know how to do it. However, the volatility of the crypto sphere makes it tough for the traders to predict what is going to happen next? And, the use of trading bots will let traders make more intelligent decisions than ever. This also decreases the risk exposure while increasing the chances of profits.
Automating your crypto trading is an easier task, but finding the right crypto trading bot is really a tough job. Especially if you are looking for a bot for a specific exchange like KuCoin, you need a specific bot. KuCoin is considered as one of the most popular and safest crypto exchanges in the world.
In early 2021, KuCoin launched its trading bot which allows its traders to make incredible profits. This trading bot is available for free and  crypto trade bot available to all users on mobile and  kucoin the web. If you want to trade KuCoin, you may consider TrailingCrypto to automate your trades.
Now, let's understand about KuCoin platform and its bot features :
KuCoin.
KuCoin is a safe and easy-to-use cryptocurrency exchange that allows global traders to trade crypto assets. The platform is also known as "The People's Exchange". It supports many features such as margin trading,  crypto bot futures trading, lending, trading bot, etc. According to the latest data, 1 out of 4 HODLers globally uses KuCoin. The platform's own cryptocurrency is KuCoin Shares (KSC). If you are holding KuCoin Shares, the platform will offer trading discount to the traders.
KuCoin is one of the top 10 exchanges in the world, and if you want to trade on KuCoin, simply login at TrailingCrypto and it will connect you to the exchange directly.
Core Features.
If you are still wondering whether KuCoin is the right platform or not, just take a look at the below features:
User-friendly and interactive platform Supports advanced-level charting Efficient engine to handle multiple transactions Supports multiple order types like limit, stop, market, post-only, and iceberg orders Supports non-custodial trading.
KuCoin is one of the best exchanges, and it provides KuCoin trading bot for free. It also allows you to connect various other bots like Bitsgap, Cryptohopper, Mudrex, 3Commas,  crypto trading bot etc. using API keys.
Is bot trading available on KuCoin?
Yes, KuCoin supports automated trading which allows you to make use of trading bots. Let's understand about trading bots and how these work:
Table of Contents.
KuCoin trading bot.
KuCoin trading bot is the latest and new KuCoin feature which provides a new way to generate passive income without requiring you to always sit in front of the computer or system all the time. KuCoin trading bot is a free trading tool which can help users to save time and energy while improving their profits.
Additionally, KuCoin trading bot provides free trading strategies which let you take returns without monitoring the market. Furthermore, you do not need to connect a third-party bot provider using API keys to KuCoin as you can begin using this bot by simply depositing funds, selecting the strategies, and enabling the bot.
KuCoin trading bot provides six different strategies including DCA, classic grid, margin grid, Futures grid, infinite grid, and dynamic rebalancing. Furthermore, it also allows you to run 10 bots at a time. Using KuCoin trading bot is easier. You can begin using it by simply depositing funds, selecting your strategy, and then enabling the bot. Swing trading is also available with KuCoin trading bot which includes taking both short and mid-term returns. There are more than 100 cryptocurrencies for trading on KuCoin and some of the most popular ones are KuCoin Shares, Bitcoin, Ripple, BNB coin, Cardano, Monero, Dash, Ethereum, Tezos,  kucoin Ripple, etc.
TrailingCrypto is the best crypto trading terminal that aids automated trading by making use of different trading bots for multiple platforms like Binance, KuCoin, Bitfinex, etc. Moreover, it has the best trading tools to help maximize selling profits and buying cheaper with Trailing stop buy, Trailing stop loss, and  kucoin trading bot more. To keep up the traders with latest market trends, this exchange platform also provides crypto signals.
How does KuCoin trading bot work?
KuCoin trading bot uses a variety of trading strategies, most commonly classic grid trading, also known as spot trading. This method allows traders to make profits even from the market fluctuations by positioning buy and sell orders.
Essentially, the system will buy coins if the price drops, and sell them when it climbs over the base currency at the set intervals, and around the set price. As a result, it lets traders earn profits by following the market trends. This bot is quite successful when it comes to grid trading, as it is simple.
While setting up the bot, we have two main options to choose from, i.e. maximum price and minimum price in which the trading bot will operate, and the number of orders to be placed. The min and max price determines the lowest and highest price the bot will buy the crypto asset at. It will stop trading above or below this range.
The number of orders to be placed determines the price ranges. Placing a number of orders will ensure that the bot takes advantage of smaller price movements like buying after a small dip and selling after a smaller surge.
Apart from classic grid trading, KuCoin bot also supports DCA, which is essentially a long-term investment strategy. For example, if a trader wanted to invest $10,000 into BTC (Bitcoin), it is not recommended to invest all the money at once. Rather, the trader could give instructions to the bot to invest smaller amounts at the set intervals. It is a strategy which could be quite difficult to stick to whenever you trade manually.
Another important thing about this trading bot is that it is available for free. You do not have to pay anything to use it which means that there are no subscriptions of any kind.
Earn passive incomes with KuCoin trading bot.
The trading bot's parameters determine the user's trading strategy and are set by the trader. An ideal trading strategy usually depends on the trading pair which you want it to operate on. Here, we are considering an example of BTC/USDT because of higher liquidity, and allowed the bot to choose the parameters on its own.
To ensure passive income can indeed be earned, the BTC price range should be large enough so that the smaller price movements won't force the bot to stop trading. More orders placed doesn't necessarily mean better performance, instead it is ideal to find a balance based on the chosen trading pair, number of orders, and the price range.
We recommend trying out KuCoin trading bot with smaller amounts first until you find a winning trading strategy. Once you will find it, you can increase the amount as per the trading bot's performance.
Best trading bots for KuCoin.
Even if you are the most competent trader, you can't keep your eyes on things. We all know that crypto assets are volatile and this is where trading bots will be helpful. These bots automatically take returns if the market follows your plan, and if it swings beyond your strategy, they minimize the losses.
Here are the most popular trading bots for KuCoin:
1. TrailingCrypto KuCoin bot.
TrailingCrypto is one of the best crypto trading platforms that provide automated crypto trading for KuCoin without having to understand the code-based technicalities.

Source: KuCoin Bot Trading - A Quick Review 2022 - TrailingCrypto

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