A Guide to Spot Grid Trading on Kucoin

Spot Grid trading is one of the features of #Kucoin exchange which allows you to do your trade using Bot. We all know that trading is not much easy and almost 90% traders can't do it.

On the other hand, we have spot grid trading which you only have to give instructions and the bot will trade for you.

Spot grid trading is almost in all exchanges where you have to select any coin and also set the price range level.

Also I think spot trading is the best feature to use when you see a correction expected and also for the bearish market.

Because it will keep on buying that coin which will give you a DCA investment and also bot will keep on trading at every level.

Suppose I want to trade in #hive, I have to set a price range. Let say I set for $0.3-$0.6 and the number of Grid to buy and sell is 80 Grids.

In this price range the bot will keep on trading and will give you with small profits. If in case the price comes below $0.3 the bot will stop trading and similarly if the price reaches above $0.6 then the bot will stop trading again.

What do you people think about spot grid trading and what are the benefits of this bot? Will be glad to see your answers in the comment section.

I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.

IMAGE TAKEN FROM CANVA

SOURCE

Thank You!
Best Wishes.

Posted Using InLeo Alpha