What’s a swing grid bot?
The swing grid allows traders to take advantage of the market's ups and downs automatically, providing a hands-off way to capture profits from price fluctuations. Whether you customize the bot or use the default settings, it’s all about turning volatility into opportunity.
About this bot
Swing grid trading is a trading strategy used to capture significant price fluctuations in the market. By setting a series of buy and sell entry points within an expected price range, it aims to realize gains from the up-down movements of prices.
If you believe a cryptocurrency’s price will fluctuate within a specific range, a swing grid can help you profit from fluctuations by automatically buying low and selling high within that range.
Imagine you’re Bob. On May 2, 2024, the price of BTC sits at 60,000 USDT.
Instead of buying Bitcoin and hoping for a long-term gain, Bob tries something different—he sets up a swing grid bot with 10,000 USDT.
As the market fluctuates, so does Bob’s bot. By May 21, the price of BTC rises to 70,000 USDT. The bot reacts—selling Bitcoin bit by bit and earning USDT.
By July 3, Bitcoin drops back down to 60,000 USDT. While others might panic, Bob’s bot swoops in and buys Bitcoin again at lower prices, locking in profits on the price difference.
Fast forward to July 31. BTC is now worth 66,000 USDT, and Bob decides to stop the bot.
Over the 3-month period, Bob’s bot executed 8 trades, and his 10,000 USDT has increased to 12,000—a 20% profit. Had Bob just held Bitcoin without using the bot, his gain would have been only 10%.
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Bot setup
Zero profit sharing
Zero management fees