Available strategies

We have Long and Short rading strategies at the moment.

  • A long trade buys tokens that are expected to increase in value at a lower price so you can sell them later at a higher price.

Example:

Pair: USDT-BTC

You expect BTC to grow in price. Trading bot buys some BTC and puts take profit order according to your take profit % and includes the fee.

It waits until Bitcoin price reaches the calculated target and sells it back.

As a result you get more USDT coins.

Note: to start a long strategy bot you need to have quote coin on your balance. (USDT in this case)

  • It’s vice versa to a long bot. A short trade sells coins that are expected to fall in value at a higher price with the intent of buying the same amount back, but at an even lower price — this leaves you with the same amount of coins plus the profit made. 

Example:

Pair: USDT-BTC

You expect BTC to fall in price. Cryptocurrency bot buys some USDT and puts take profit order according to your take profit % and includes the fee.
It waits until BTC’s price falls to the calculated target and buys it back.
As a result you get the same amount of BTC back plus profit in USDT.

Note: to start a short strategy bot you need to have base coin on your balance. (BTC in this case).