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Kucoin Trading Bot — Automate Your Trades
Automating your crypto trading is an easy task; however, finding the best trading bot provider is a tedious job. Especially when you are looking for a specific exchange such as Kucoin. Hence in this Kucoin bots article, we will be introducing you to the Kucoin trading bot and five other trading bot providers, which might be the best choices available.
Almost all the trading bots providers provide a paid service to their users. However, Pionex, a crypto trading bots provider and crypto exchange, provides free bots.
Get Pionex! Only pay a trading fee for your orders and enjoy FREE trading bots for a lifetime.
Professional programmers and market specialists collaborate to develop trading bots by programming an investment strategy. Therefore, if the bot comes upon a potential market opportunity, it will open and liquidate positions on your part. Furthermore, emotions and feelings are not present in crypto trading bots. As a result, they only employ a pre-planned approach.
Michael Gan and Eric Don established KuCoin, an excellent cryptocurrency exchange with headquarters in Seychelles. The founding members have prior business expertise and have previously led Ant Financial and iBox PAY initiatives. In addition, the fundamental goal behind the creation of KuCoin was to offer a secure and straightforward platform for the worldwide community to exchange digital currency.
Kucoin is commonly referred to as “The People’s Exchange.” As it provides a fantastic range of trading pairs as well as crypto-related services. To learn more, head over to the Kucoin review.
The trading platform Kucoin offers its trading bots to investors. Moreover, the Kucoin trading bot provides free trading strategies that let you take returns without monitoring the market. Furthermore, you do not need to connect a third-party bots provider using API keys to Kucoin. You can begin using the Kucoin trading bot by simply depositing funds, selecting your strategy, and enabling the bot.
The Kucoin trading bot provides six different trading strategies: Classic Grid, DCA, Futures Grid, Margin Grid, Infinite Grid, and Dynamic Rebalancing. Furthermore, you can run up to 10 bots at the same time. In addition, the Kucoin trading bot supports over 100 coins/ tokens and provides numerous bonuses and free essential services.
Swing trading includes taking short or mid-term returns. You can use the Kucoin Margin Grid or Futures Grid trading bots for swing trading.
Here comes the best part of the Kucoin bot , it is entirely FREE of charge. Therefore, you do not have to pay anything apart from the regular trading fees on the platform.
Even if you are the most competent trader, no one can keep an eye on things while asleep. Furthermore, because crypto assets are so volatile, it’d be irresponsible to sleep on your leveraged investments. That’s where cryptocurrency trading bots come in; the bots automatically take returns if the market follows your plan. Furthermore, if it swings beyond your strategy, they minimize your losses.
So here are the best five trading bots for Kucoin.
Furthermore, the Bitsgap bot comes with a Futures trading bot with a minimum risk level. However, as of June 2021, this bot is only available for Binance, and the platform is soon planning losses and other exchanges. To learn more, read the Bitsgap review.
The trading platform comes with a series of features such as Demo mode, trading terminal, Grid trading bot, etc. Moreover, the platform recently came out with its Bitsgap Futures trading bot, a safer way to take small returns from the futures market. However, as of June 2021, the Bitsgap futures trading bot is only available for Binance. Therefore the platform is planning to expand it as soon as possible to other crypto exchanges.
Bitsgap principally provides three premium-featured plans to its consumers. You can begin with a 14-day trial period and then choose one of the options listed below:
Most of your funds are stored securely on your cryptocurrency exchange platform’s account. Since this bot uses API credentials to link your crypto exchange to the Bitsgap bot but does not have the permission to enact a withdrawal on your account. Furthermore, Bitsgap recommends utilizing 2FA, and if you attempt too many wrong logins, your account would be suspended.
To learn more, read the CryptoHopper review. Furthermore, you can use our CryptoHopper discount code to get outstanding deals.
The platform comes with various trading features such as the Market-Making bot, Arbitrage tool, strategy designer, etc. Moreover, CryptoHopper provides its all-in-one, third-party Marketplace that offers services such as CryptoHopper signals, apps, trading strategies, and templates.
The platform goes a step ahead and provides a Telegram CryptoHopper signals bot. Moreover, the bot enables you to automate your trades coming from crypto signals. CryptoHopper also provides a paper trading mode to test your trading strategies and bots without putting your funds at risk.
The platform is primarily available in four subscription plans; see below. In addition, you may begin with the Explorer plan and take advantage of a free trial. You may also pick an annual membership and save money on monthly fees.
The platform has been up and running for more than three years with no significant issues which have resulted in customer losses. Furthermore, since CryptoHopper uses API keys and does not have the authority to process withdrawals from your trading exchange.
Please be warned that trading using automated bots such as CryptoHopper is risky in volatile market circumstances. Therefore don’t put more money in danger than you can afford to lose.
The trading bot provider Mudrex, with 10,000+ investors and 200+ indicators the platform is one of the best out there. Moreover, Mudrex supports the most popular exchanges such as Binance, Coinbase pro, Okex, Bybit, etc. You can even build, test, and deploy your trading strategy at Mudrex. Furthermore, you can get paid by publishing bundles at the platform; to learn more, visit Mudrex Bundle publishing.
To learn more about the platform, read Mudrex invest.
The trading bot provider Mudrex uses a Performance score ranging between 0–10, and for a strategy, the higher the score better will be the risk vs. reward. Through Mudrex protect, the platform offers to refund your subscription fees if the bot makes no profits for you. Furthermore, you don’t need to code your trading strategy; instead, you can simply use drag and drop.
To learn more, read the Mudrex strategy builder review.
The free plan provides you plenty of room to develop and test anything you want. However, you can also go with the $19 monthly premium plan. The first three months of the paid version are free, and you can cancel at any time!
Yes, the platform is safe to use as it does not ask you to deposit any funds apart from the subscription fees. According to Mudrex, all critical personal information is kept via bank-level AES-256 protection. Furthermore, all API traffic is protected and passes over SSL and TLS 1.2 to prevent hackers from knowing your details.
To learn more, read the 3Commas review.
The platform 3Commas comes with various trading bots such as the Grid trading bot, DCA bots, Options bots, etc. The one-of-a-kind Options trading bot offers a possibility of a very high return. However, Options trading is equally risky. Furthermore, 3Commas Copy trading bots, you can simply copy the previously programmed bots of professional traders. To learn more, visit 3Commas.
3Commas provides its users with four subscription plans: Free, Starter, Advanced, and Pro. Furthermore, by selecting lengthier plans, you’ll be saving extra. The following are the specifics of each of these plans:
To learn more, read the HaasOnline review. Furthermore, you can also use the HaasOnline coupon “ COINCODECAP ” to get a 10% discount on HaasOnline.
Firstly, Bitsgap comes with many features such as Bitsgap demo trade, Grid trading bot, Futures trading bot, etc. Secondly, CryptoHopper provides one of a kind Marketplace where you can find various third-party services such as crypto signals. Furthermore, the Options trading bot 3Commas is particularly very famous. Mudrex provides you with a refund of subscription fees if the bot doesn’t make you any profits. And lastly, HaasOnline is the go-to software for coders who wish to create their trading bots from scratch.
For ease of use, we suggest going with the Kucoin trading bot or Bitsgap trading bot. However, you can also go with CryptoHopper or 3Commas if you’re looking for a ton of features.
Where can I find the Bitsgap app?
Best CryptoHopper indicator settings?
The best indicator settings are relative to every trader. However, if you wish to trade on the safe side, then you can go for the following settings:
RSI: buy when it goes below 25 and sell when it goes above 75.
Williams %R: buy when it’s near 100 and sell when it’s near 0.
MACD histogram: Buy on the lowest bottom and sell on the highest top.
However, you must remember that these indicators can give false signals at times, and nothing in this article is financial advice. So trade at your own risk.
RSI: buy when it goes below 25 and sell when it goes above 75.
Williams %R: buy when it’s near 100 and sell when it’s near 0.
MACD histogram: Buy on the lowest bottom and sell on the highest top.
However, you must remember that these indicators can give false signals at times, and nothing in this article is financial advice. So trade at your own risk.
Is CryptoHopper bot cloud-based?
Yes, the CryptoHopper trading bots are cloud-based. Hence, the bot will be up and running even if you shut down your device and sleep.
Which is the best free crypto trading bot?
How to hook up TradingView to ** 3Commas **?
You can easily connect more than one indicator from TradingView to your trading bot, and the bot will execute trades based on those signals. Follow the below steps to combine the two:
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Originally published at https://blog.coincodecap.com on June 29, 2021.
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