Available strategies

We have two, Long and Short Trading 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. The trading bot buys some BTC and puts a take-profit order according to your take profit %, and includes the fee.

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

As a result, you get more USDT coins.

Note: to start the long strategy bot, you need to have coins on your balance, USDT in this case.

• It’s opposite to the short 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. The bot buys some USDT and puts a take-profit order according to your take profit % and includes the fee.
It waits until the 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 coins on your balance. (BTC in this case).