Crypto Exchanges
KuCoin Spot Grid Trading Tutorial
KuCoin Spot Grid trading is a strategic tool that automates the buying and selling of crypto at preset intervals around a preset price range to construct trading grids. When the price fluctuates within the range you set, the grid trading system executes the preset buy and sell limit orders within a range to obtain benefits from price fluctuations.
Find out more:
https://www.kucoin.com/trading-bot/machine/torun/1?type=1?utm_source=KC-Tutorial
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How does the grid trading system decide how much of the total investment to buy or sell at any interval?
This accent is nuts
New feature application
the example of owning 2 coins rebalancing,
on coin A 50% and coin B 50%
Coin A is up 10% and coin B is down 5%
then the bot will rebalance by adding up, increase in coin A + decrease in coin B = 15%
And then reduce the portion of coin A by 15% to buy coin B
Thus forming a new portion of ownership to coin A 47.5%
And coin B becomes 57.5%
this is a risky
This is a good feature…but sounds like a tax nightmare for us in the US lol
Great