Trading Bots
Notes on bot position vouchers
2024-03-27 05:540179
About bot position vouchers
1. What are bot position vouchers?
Bot position vouchers are the latest tool launched by the Bitget trading bot team. They help new users learn how to use Bitget trading bots, optimize users' quantitative trading experience with zero investment requirements, and deepen understanding of how trading bots work.
2. What are the target users of bot position vouchers?
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Users new to trading bots.
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Users eligible to participate in follow-up promotions.
3. How to get bot position vouchers?
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Head to Coupons Center > Earn to find and claim bot position vouchers.
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Note that position vouchers can only be used within their validity period.
4. What are the parameters of bot position vouchers?
These vouchers have some fixed parameters to help new users better understand bots:
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Bot type: Spot grid
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Trading pair: AI recommendation ( ETH/USDT or others)
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Leverage: None
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Mode: Arithmetic
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Direction: Long
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Price range/number of grids: AI recommendation (based on 30d backtesting)
5. How to use bot position vouchers?
Users can follow the above parameters and run a bot to get started. Users can determine two parameters.
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Bot activation time: Users can determine when to activate the bot.
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Bot termination time: Users can manually terminate bots within the running time validity period or wait for the bot to terminate automatically.
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After bot termination, any remaining trading bonuses will be forfeited.
6. Users can get profits after the bot is terminated
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If the bot made a profit at termination, net profits will be transferred to users' spot accounts.
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If the bot made a loss at termination, position vouchers will be activated to offset losses, and any unused amount will be forfeited.
7. Position voucher re-issuance
If a bot with a bot position voucher applied could not be created due to a system issue, Bitget will reissue the position voucher within seven working days.
About trading bots
1. What are trading bots
Trading bots are a form of cryptocurrency investment that leverages advanced mathematical models and computer technology. They involve real-time monitoring of market conditions and setting of preset parameters. When these conditions are met, the system automatically executes operations such as buying or selling.
Bitget trading bots provide free services around the clock, 24/7 operations, strict implementation, and catch every fluctuation in the market. You can select and use high-quality AI bots recommended by Bitget or create your own bots manually. At present, Bitget offers bots for spot grid, futures grid, spot Martingale, futures Martingale, spot CTA, futures CTA, and spot auto-invest.
2. Product advantages:
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Easy to use: You don't need much knowledge to start using trading bots as they will consider complex market signals, indicators, and algorithms for you, allowing new users to get started stress-free.
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Seize opportunities: Trading bots help you to open positions in markets that are difficult to navigate manually. By using bots, you can place buy orders to take advantage of the best possible timing without constantly monitoring price movements.
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Prevent emotional trading: Grid bots operate according to a specific set of rules that will significantly reduce the influence of emotions on decision-making.
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Control risk: Bitget supports the use of sub-accounts for different bots to separate invested funds from the main account and improve the user experience.
3. Target users:
Everyone! Whether you're a new user or a quantitative trading expert, you can automate your trades in a simple, professional, and consistent manner with Bitget trading bots.
Disclaimer
Spot grid is a transaction 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 strategy 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 unconditionally accept the potential risks and gains of your investment decisions.
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