Spot Grid on Bitget - Mobile App Guide
[Estimated Reading Time: 5 mins]
This guide explains how to use the Spot Grid Trading Bot on the Bitget Mobile App. The bot allows traders to profit from market fluctuations by placing automated buy and sell orders at predefined price intervals. Learn how to set up and customize your strategy using features like Normal, Reverse, Neutral grids, and AI Spot Grid.
What is Spot Grid Trading?
Spot Grid Trading automates your trading strategy by placing buy and sell orders within a specified price range. This approach capitalizes on market volatility to help traders buy low and sell high.
Benefits of Spot Grid Trading:
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Profit from Volatility: Ideal for markets with frequent price fluctuations.
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Automation: Saves time and reduces the need for constant monitoring.
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No Emotional Trading: Trades are executed based on pre-set parameters.
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Versatility: Includes Normal, Reverse, and Neutral grid options for different market scenarios.
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AI Assistance: Simplifies setup with AI-driven grid settings.
Spot Grid Types
1. Normal Spot Grid
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How it Works: Buys at lower prices and sells at higher prices within a grid range.
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Best For: Sideways or slightly volatile markets.
2. Reverse Spot Grid
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How it Works: Sells at higher prices and buys back at lower prices, starting with your existing holdings.
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Best For: Accumulating assets in a downtrend or reducing exposure during market highs.
3. Neutral Spot Grid
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How it Works: Balances both buying and selling orders equally.
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Best For: Traders uncertain about market direction but aiming to profit from frequent fluctuations.
What is AI Spot Grid?
The AI Spot Grid uses advanced algorithms to calculate optimal grid parameters based on market trends and volatility.
Benefits of AI Spot Grid:
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Ease of Use: Ideal for beginners unfamiliar with manual configuration.
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Optimized Parameters: Automatically adjusts settings to maximize potential returns.
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Quick Setup: Configure a strategy in just a few clicks.
How to Use Spot Grid Trading on Mobile
Step 1: Access Spot Grid Trading
1. Tap the Trade tab on the bottom navigation menu.
2. Switch to the Bots tab.
3. Select Spot grid from the list of options.
Step 2: Configure the Grid Strategy
1. Choose a Trading Pair: Select the cryptocurrency pair you want to trade (e.g., BTC/USDT).
2. Select AI Spot Grid: Use this option for automatic parameter configuration.
3. Or Choose a Manual Grid Strategy:
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Options include Normal, Reverse, or Neutral grids.
4. Set Price Range:
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Upper Limit: The maximum price at which the grid will operate.
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Lower Limit: The minimum price at which the grid will operate.
5. Number of Grids:
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Define the number of intervals between the upper and lower limits. Smaller intervals lead to more frequent trades.
Step 3: Allocate Funds
1. Enter the total amount to invest in the grid.
2. Ensure you have sufficient funds in your Spot Trading account.
Step 4: Enable Advanced Settings (Optional)
The Advanced Settings section allows you to customize and fine-tune your grid strategy for more precise control. These settings include options like starting conditions, take-profit (TP) and stop-loss (SL) prices, grid order modes, and additional features such as Sell at Termination and HODL Mode.
For a comprehensive guide on using Advanced Settings effectively, refer to our article on Mastering Advanced Settings in Spot Grid Trading.
Step 5: Start the Grid Strategy
1. Review all configured settings, including price range, grid count, and investment amount.
2. Tap Create order to activate your Spot Grid Trading strategy.
FAQs
1. Can I stop the grid strategy at any time?
Yes, you can terminate the strategy manually from the Grid Trading dashboard.
2. What happens if the price moves outside the grid range?
For Normal, Reverse, or Neutral grids, trades are executed only when the price re-enters the range.
3. Are trading fees applied to each transaction?
Yes, standard spot trading fees apply to each executed order.
4. What happens if I enable Sell at Termination?
All remaining assets are sold at the current market price when the strategy ends.
5. Can I use AI Spot Grid if I’m a beginner?
Yes, AI Spot Grid is designed for beginners and simplifies the setup process.
Disclaimer and Risk Warning
All trading tutorials provided by Bitget are for educational purposes only and should not be considered financial advice. The strategies and examples shared are for illustrative purposes and may not reflect actual market conditions. Cryptocurrency trading involves significant risks, including the potential loss of your funds. Past performance does not guarantee future results. Always conduct thorough research, understand the risks involved. Bitget is not responsible for any trading decisions made by users.
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