Its AI-based parameters will help users gain more profits, and the solution can learn to become better. For traders, it removes the need for spending hours upon hours of researching market opportunities. First of all, the team wants to bring professional investment tactics to everyday crypto traders and users. Trading Bot has simple yet effective trading strategies. KuCoin has several critical reasons for launching this new free product.
In 2019, gate.io suffered a high-profile hack resulting in over $200,000 loss in crypto assets, however half was later recovered. It’s important to remember that crypto is an extremely volatile asset class with significant price fluctuations, and that the exchange platforms are not immune to hacking. By way of verifying user identities, gate.io also requires a Know Your Customer (KYC) pass (as standard for many crypto exchanges) before users can deposit or withdraw any crypto.
This is to decrease the risk of funds being used for illicit transactions or kucoin trading bot for money laundering purposes. The fact that it is only several months old, however, means that changes and updates are very likely in the next few months. The only trading fee you will have to pay are the ones that are already charged by the Kucion crypto exchange. Since the bot has fairly recently left the development stage, it is still free to use. The layout of the app is rather simple, and even beginners shouldn’t have any problems navigating it.
Thus, using its artificial intelligence features, DeepTradeBot helps to make the most of the routine tasks for a trader: it analyses an incredible number of materials from trading websites, regulators, founders such as judgments or statements, that produce a positive or negative news backdrop. KuCoin is a global crypto trade bot
exchange that supports multiple crypto asset transactions. Established in September 2017 , KuCoin has grown into one of the most popular crypto exchanges in the world.
It currently provides Spot trading, Margin trading, P2P fiat trading, Futures trading, Staking, and Lending to its 6 million users in 207 countries and regions around the world. VICTORIA , Seychelles , Aug. As a free intelligent trading tool, it can help increase overall profitability for cryptocurrency traders. The Trading Bot solution is now available to all users on mobile and Kucoin through the web interface. 4, 2021 /PRNewswire/ -- KuCoin, a global leading crypto exchange, is proud to announce today its new Trading Bot service.
I will use LunaDoge coin in this tutorial, so the code and url will look like this: We will pull current coin information from Coingecko and use Python for the purpose. Referencing their free api it’s easy to pull 15-min point price info for the past 24hrs for a coin. A huge trading volume on exchanges starts up the chance to reach reduced trading commission fees: the greater the trading volume is, the less the commission on top rated trading platforms, including Binance. Although there are competing solutions on the market, KuCoin's Trading Bot will receive continuous updates and optimizations.
Moreover, its strategic functions will provide the best of convenience and time-saving. The Trading Bot also provides free investment education services on-demand for traders. Over 2.5 million KuCoin
users use the free Trading Bot, and the team will launch more trading bots in the future.