KuCoin is a Hong Kong cryptocurrency exchange that appeared in 2017. It is one of the largest cryptocurrency exchanges, consistently ranked in the top 10 exchanges in terms of trading volume in the CoinMarketCap service rating. The exchange has its own KCS token. The use of REVENUEBOT'S automated trading is available for the classic KuCoin spot market. Thanks to the variety of settings available, the user of the service can create an effective trading bot and start trading in a short period of time.
With the help of revenuebot users can conduct automated trading on the exchange Kucoin.
Automated trading can be done with the KuCoin trading bots built for the exchange.
What is KuCoin Trading Bot
It is the automated software that buys and sells according to certain rules like the desired price. The KuCoin trading bot has the potential to increase revenue as well as help to mitigate risks and eliminate the possibility of human error. Find out more about how to trade on KuCoin, as well as bots offered by revenuebot.
KuCoin Trading Fees
The trading commission on Kucoin depends on the daily trading volume and the number of native KCS tokens in the user's account. More details about the exchange commissions can be found in the table below:
Security of trading on the Kucoin exchange
Of the security measures that the exchange offers to its customers, the following are available:
Mandatory two-factor authentication (2FA)Connect Google Authenticator-
Trading password that is used to transfer and withdraw funds, as well as when creating an API key -
IP Login Restriction -
Security phrase for login and withdrawal
AUTOMATED TRADING WITH A CYBERBOT
How trading bots worked their way into the market
According to statistics, about 70% of transactions in the stock market are made using various bots. And given that the crypto market mainly adopts practices from traditional ones, there is no doubt that the percentage here is no less. Why are traders less likely to trade themselves and trust bots to do it? There are several reasons for using KuCoin trade bot:
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The software or KuCoin bot has no human factorA trader can make a mistake when filling out an order, forget to close it, or something else. A software or a bot trades only according to the settings that were originally included in it, so the possibility of errors or inaccuracies is excluded. -
Speed of the whole processA trader cannot analyze several trading pairs or markets at the same time. In addition, you will have to open many trades. Bots are great at all of these tasks. -
Versatility and scalabilityHaving a clear trading strategy, you can launch many bots for simultaneous automatic trading on different crypto-exchanges and trading pairs. -
Trading will be carried out at any time of the dayKuCoin bot do not need time to sleep and rest, so they can trade around the clock, making a profit for their owner.
Trading Kucoin with RevenueBot
why KUCOIN trading bot is unique
We have been on the market since 2018 and over the entire period of our existence, we have carefully worked out all the features of working with the KuCoin exchange like developing the trading bot KuCoin for the benefit of our users.
How to choose or create the best KuCoin trading bot
Here are the advantages of using Revenuebot that will help to create the best KuCoin trading bot strategy. All in one, variety in the functionality and settings of the bot allow users to implement many trading strategies for KuCoin bot trading:
Smart order safety gridallows you to create efficient DCA bots for Kucoin exchange with LONG and SHORT algorithms using an averaging strategy.The automatic switching of the bot's trading pairsignificantly increases the number of profitable trades. Using the volatility analyzer developed by us for the Kucoin exchange, the bot can automatically select the best trading pair in terms of volatility so as not to be idle.Using TradingView signalsas a condition for starting a bot trading on the Kucoin exchange allows you to implement strategies based on a variety of trading indicators.The bot simulation modewill show how the bot you created would trade over the last 60 days (the time and date of the start of the simulation can be set in the settings). We keep a history of price changes for all trading pairs on the Kucoin exchange for the last 60 days. All tests will be carried out on the chart of your chosen trading pair, for a specified period of time. This will allow you to verify that your settings are correct or to identify inaccuracies.The automatic reversal of algorithmswill allow you to implement a risk hedging strategy when trading on the Kucoin exchange. At the moment when the price goes in the wrong direction, the second bot will be automatically connected, which has the opposite algorithm.The user does not need to keep their computer turned on 24/7,because the KuCoin bot functions from the cloud storage. One only needs to choose the KuCoin trading bot parameters and the rest will be done by the algorithm.
Additional ways to make money with KuCoin Trading Bot
- We have a marketplace where you can buy a ready-made bot configuration, sell a profitable one and get additional income, as well as purchase a mentoring service from an experienced user.
- This helps users to start at any moment: there is no need to build a KuCoin bot or watch a KuCoin trading bot tutorial, one can just choose the right one and start earning. Needless to say, you can also configure the KuCoin trading bot best settings for each trading strategy and create a bot from scratch.
- Also, there is a referral program through which clients of the service receive an income without even starting trading on KuCoin.
Is KuCoin Trading Bot free?
Yes, a trading bot for KuCoin costs a user nothing if it does not generate an income. The commission for using the service begins to be charged only from the moment the bot makes a profit. In other words, fees will depend on KuCoin trading bot results. The size of the commission is 20% of the profit received, but not more than 50 USD per month.