Let’s calculate the profit percentage that KuCoin bots were able to make after 33 days of operating. Kucoin grid bot profit after one monthĪ month later (33 days to be exact) here is what I see on the exchange balance. I have just selected the number of Bitcoins to invest. Again, all the parameters were determined by KuCoin using artificial intelligence. I will launch the KCS/BTC trading pair as the replacement for the cancelled bot. You can see that it was running for only ~11 hours, it has made 9 transactions and registered +0.67% in profit. I will sell everything for Bitcoin and launch another trading bot with BTC as a quote currency.
Dogecoin is one of the most volatile cryptocurrencies as well. I have made a solid profit by launching the same pair with the Bitsgap bot. This is one of my favorite pairs for grid trading. So, the first pair to launch will be DOGE/BTC. Can they bring any profit without human intervention? This is what we are going to check throughout this month. I want to test how good KuCoin trading bots are right out of the box. I intentionally would not customize any price ranges or the number of orders. Most of the parameters will be proposed by the KuCoin platform itself. To be honest, it is hard to call this option a “manual option”.
#Icopy bot reviews manual#
Let’s move forward and create some more bots in a manual way. Now, the first KuCoin grid bot has been launched and it is ready to produce profits! Creating KuCoin bots myself The bot is also telling me that some MAHA coins will be bought to launch this strategy. The only thing that I will manually set here is the investment amount. Then, you will see all the settings that can be modified. You need to click on the pair and choose it to create the bot with the same parameters. Let’s try to copy this bot and launch it. In the list above, I can see the MAHA/BTC pair that is showing great results. You can find the top-performing grid bots in the app and sort them all by trading pairs and trading time.Īs my goal is to grow the amount of Bitcoin I hold, BTC will be the quote currency for each of the pairs I pick for this test. I would try both approaches and start with the copy feature. Choose the pair and launch the bot manually.Copy the settings of one of the existing bots.
There are two ways to launch a KuCoin grid trading bot: KuCoin’s grid bot is the automated strategy that I am going to launch and test. It aims to buy crypto at a lower price and sell it later at a higher price.
With it, the bot sets grid orders inside a trading range. Now let’s check what trading bot strategies KuCoin has to offer:Īs you can see, the most popular strategy is the so-called grid trading strategy. As you may know, these bots execute lots of orders, so even a 0.02% discount would become a solid advantage in the long term. This will help you to save some money on the trading fees. The price of crypto is moving up and down all the time, so the amount of crypto itself is important to me, not its fiat value.īefore you start any trading activities at KuCoin exchange, make sure to acquire some internal KCS coins and activate the fees toggle in the profile. I don’t care how much is Bitcoin worth in fiat value today and what is the total value of my portfolio in USD. The goal of this experiment is to accumulate a larger number of Bitcoins. To test out the bots provided by KuCoin, I have registered a new exchange account and transferred 0.03 BTC there.
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