The lender has to fill in the details regarding the amount which he is ready to lend and also the daily interest rate (the interest rate is from 0 to 0.2%). The lender can also decide the duration of the term for lending. The default lending term is 28 days. It can be 7 days, 14 days, or 28 days. Both risks and rewards are high in the KuCoin lending service . The advanced AI scans all market trading pairs 24/7, providing the best entry and exit points for maximized quick profit trades.
It may be a sophisticated bit of technology but the way it works is actually quite simple. After a second market screening, to prevent potential market fluctuations, the Bot places the trades (with buying and selling orders) on your behalf, through your exchange’s API. Your trades are safely managed from start to finish with preventive stop-losses for capital protection. We have a state of the art system, built by highly experienced traders, working at your behalf.
The AI system is effectively trading by itself, letting you relax and enjoy the ride. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. IMPORTANT DISCLAIMER: All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms ("Site") is for your general information only, procured from third party sources.
We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No content on our Site is meant to be a solicitation or offer. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision.
The only drawback is that you have to keep some coins on an exchange for the bot to lend. We don't ask for extra permissions we don't require on your account, the bot will ONLY be able to invest your funds, not withdraw or crypto trade bot
trade. Trading bots are computer programs that recognize trends based on various indicators. For the first time, trading bots for private investors have appeared in foreign exchange trading on the stock, commodity and foreign exchange markets.
They quickly entered the crypto asset market. Trading Bot DEV team is stepping up to optimize the order placing scheme to support larger grids, so please stay tuned. Running bots are not affected. In order to welcome more users to experience Trading Bot, we temporarily adjusted the amount of grids. One of the most important features while considering a Bitcoin trading robot is its reliability. This is very important because, for Kucoin every business that goes online, trust is an important element of success.
The company offering an automated trading bot should be trusted by the traders to start trading on this platform.
When you loved this article and you want to receive more info with regards to crypto trade bot
generously visit our own page.