Almost every cryptocurrency exchange have bot trading feature, I tried it on binance, huobi and Kucoin. All exchanges have different limitations or rules to use bit trading feature like minimum required investment
I think right now kucoin bit trading service is better than all others because of some specific features like ading more investment or capital after opening bot, adjusting uper or lower price etc
In short kucoin giving you more options to adjust your bot over time especially in spot grid bot, kucoin also have some exclusive bot which are not available on binance like martingale strategy bot which is available on Kucoin and huobi but not on binance
Another thing is you can start with few dollars like 10 to 30 on Kucoin but on binance minimum investment is higher, in fact it's different for every single trading pair but overall binance have higher minimum requirements as compared to kucoin
I am not associated with any exchange I like to use binance exchange and I also really wish binance gives us more convenient and better bot trading options as compared to their competitors
Remember you can't make a to much profit in Sopt grid bot trading with investment of 10 or 20 dollars, with lower minimum investment you may earn very little profits but by increasing your investment you can earn higher profit per trade in grid bot trading
If you don't know about it, it's so simple you have to set lower and upper price limit for a trading pair pair and with other available parameters then bot will automatically buy when price goes down and sell when price goes up as per predefined parameters
Another thing is always try to Open bot when the price of an cryptocurrency is down otherwise if you buy at top you will lose money if it's goes down and your profit per grid will not enough to recover losses until price goes up to break even point
I hope you understand it if not try it on cryptocurrency exchange you are using with minimum investment and keep learning it. Thanks for reading please share your thoughts in comments bot trading?
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