KuCoin AMA With Pocket Network (POKT) Accelerating the Future of Web3 Infrastructure. What Is KuCoin Trading Bot? It is another useful tool after Classic Grid, DCA, and Futures Grid to help users gain profits during market volatility. We ssuggest similar type of bots to experienced traders. As of June 2021, this bot is only available on Binance, but the developer plans to include losses and other exchanges shortly. Kucoin Auto Trading Bot - Blogger Lastly, KuCoin exchange also offers the third type of trading robot, known as the DCA Bot. It's one of the few platforms where U.S. users can access a margin account for trading crypto, and it. A trading bot is an automated algorithm that executes the strategies for you. What Is KuCoin?: How to Use the KuCoin Exchange | Alexandria Hi, i am a kucoin user, i was always curious about trading bot, but i never tried as i only invested and traded in little amount, i wanted to try once, but i wanted to know is it really worth trading using a bot, is it profitable using only $100, what are the chances of losing money and how much % i would lose? comments sorted by Best Top New Controversial Q&A Add a Comment kucoin_moderator Additional comment actions That's a choice you need to make. At the point when I began utilizing the trading bot I too lost cash it purchases orders above the current price to make sure it can sell it at that price . The trading bot has its own help center inside KuCoin. Portfolio rebalancinghas been a tried-and-true method of investing for many years. As a result, you should only invest money you are willing to lose. Lets say your portfolio percentage has changed from 40% - 30% - 30% to 45% - 30% - 25%, the bot will then sell some Bitcoin to reduce its percentage from 45% to 40%, meanwhile buy some KCS to make it back to 30%. On average 1$ today is worth less than 1$ next month and 1 BTC today is worth more than 1 BTC next month.
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