Master spot grid trading with ease
Spot grids are an intelligent high-frequency arbitrage tool that are widely applicable and can help buy low and sell high 24/7.
Introduction
1. What are spot grid trading bots?
Spot grid trading bots are automated to buy low and sell high in a specific price range. Users can simply set the highest and lowest price in the range, decide on the optimal level of grid subdivisions, and start running the bot.
2. Spot grid applications
Spot forward grid: Used when the price is estimated to rise with market fluctuations. The bot will buy crypto, then sell when the price rises, eventually bringing more stablecoins to users through arbitrage.
Spot reverse grid: Used when the price is estimated to drop with market fluctuations. The bot will sell crypto, then buy back when the price drops, eventually bringing more coins to users through arbitrage.
3. How to use spot grid trading bots?
3.1. Head to the spot grid trading page and select your trading pair.
3.2 Create a bot.
Transfer the investment funds into your spot account.
Set parameters: Minimum or maximum price (the price range in which the bot runs). Number of grids: The system divides the price range into corresponding portions for the bot to place orders accordingly.
3.3 Use the Create button to start.
Bitget recommends the spot grid AI bot (the logic behind recommended parameters is based on backtested 7-day market data and an intelligent algorithm that considers recent market conditions). These bots offer a variety of intelligent parameters for users to choose from. Users can simply make an investment and use the Create button to place an order.
4. Advantages of spot grid trading bots
4.1 Set parameters to profit from buying low and selling high repetitively due to price fluctuations.
4.2 Adjust to market fluctuations and make profits regardless of market changes.
4.3 Execute 24/7 automated trades without the need for manual market monitoring or in-depth market research.
4.4 Bitget offers AI bots that greatly simplify the use of trading bots.