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What is spot grid trading and how does it work
2023-06-19 14:360762
Create your own spot grid trading bot on Bitget by setting your parameters or copying other traders' parameters. You can create multiple grid bots for a trading pair and run up to 50 grid bots in parallel. A maximum of 200 grids can be set for each grid bot. Find out how to start spot grid trading now.
Creating a spot grid bot on the Bitget website
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Log into your Bitget account and go to Bots dropdown menu on the top navigation bar.
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Select Spot grid on the left menu and select your trading pair.
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Select AI or manual mode.
AI mode
The AI mode helps users set the investment amount, leverage, and margin based on parameters recommended by the system. The only thing you need to decide on is the amount to invest.
Manual mode
The manual mode allows users to set their own parameters. Make sure you have adequate knowledge of the marke
t before you proceed. To simplify the process, Bitget offers both basic and advanced parameters.
Note: To learn more about these parameters, see
spot grid parameters explained
.
-
View grid bot performance
Go to the bottom of the Trading Bots page to see the bots you created. You can also see the bot details or decide whether to terminate your bots.
Creating a spot grid bot on the Bitget app
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On the Bitget app, tap the Trade button on the navigation bar at the bottom. Then, select Bots from the menu tab at the top. You will find Spot grid when you enter the Trading Bots page.
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Select your trading pair, e.g., BTC/USDT. Tap Create a bot and select 'Normal grid' or 'Reverse grid'.
-
Select AI or manual mode.
AI mode
The AI mode helps users set the investment amount, leverage, and margin based on parameters recommended by the system. The only thing you need to decide on is the amount to invest.
Manual mode
The manual mode allows users to set their own parameters. Make sure you have adequate knowledge of the market before you proceed. To simplify the process, Bitget offers both basic and advanced parameters.
Note: to learn more about these parameters, see
spot grid parameters explained
.
4. View grid bot performance
Go to the bottom of the Trading bots page to see the bot you created. You can also see the bot details or decide whether to terminate your bots.
Disclaimer
Spot grid bot is a trading tool. The above-mentioned information should not be considered as financial or investment advice from Bitget. Profits from spot grid trading may be impacted by one-sided market conditions or improper price intervals. You can adjust your spot grid trading bot according to market conditions. Your use of this tool is subject to your unconditional acceptance of all of Bitget's terms and conditions. You should be fully aware of the risks associated with
cryptocurrency
investments and proceed with caution.You agree that all investments on Bitget.com reflect your true investment intent, and you accept the potential risks and gains of your investment decisions.
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