Ready to tart grid trading? Here is a tutorial that will guide you through grid trading and show you how to make Passive Income via the KuCoin trading bot in 3 steps.

👉 Please see the VIDEO Guidance

 

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Step 1: Install KuCoin App

Download and install KuCoin App, find "Trading Bot".

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Step 2: Create Grid Trading

Click “Classic Grid”, then click “Create” to start a grid trading bot. KuCoin Trading Bot provides 2 ways to create grid trading. The one is “AI Parameters”, and the other is “Customize Parameters”.

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2.1 Create Grid Trading via AI Parameters

a. Choose a trading pair. Since grid trading is chasing volatility, higher volatility will bring higher returns. So, the best choice is to choose the most volatile pair.

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b. As you can see, the Price Range and the Number of Placed Orders will be set by the AI, so you just need to enter “Total Investment”, which is the value of funds that the user plans to invest in the grid trading.

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After entering the “Total Investment “, you can view the “Profits per Grid”.

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c. Click “Create”, and confirm the order information, then click “Confirm” to run the trading bot.

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2.2 Create Grid Trading via Customized Parameters

a. Click “Customize Parameters”, choose a trading pair, and set the Min. and Max. Prices. The Min. Price is the lowest buying price. If the token price goes lower than that, the grid trading will be stopped until the price goes back to the range. Same for Max. Price, if the token price goes over your setting, no more orders will be executed. So if you want to maximize your profits, you’d better try to ensure that the token price will not leave your price range in the next few days. When setting the grid, try to predict the maximum and minimum prices that the token may reach in the near future based on historic trends.

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b. Set the “Number of Placed Orders”, and enter the “Total Investment”.

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c. Click “Create”, and confirm the order information, then click “Confirm” to run the trading bot.

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Step 3: Check the Profits of Grid Trading

a. Click “Trading Bot”, under “Running” users can check the details of the profits, such as Grid Profits, Floating PNL, number of arbitrages, and APR.

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b. Click “Trading Bot”, then “Profits” to check the total profits and historical profits.

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The longer a grid trading bot runs, the better it works and the more profit it generates.

 
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