Set Up a Grid Trading Bot (SPOT) on BOTMOON

1. Sign in to Your BOTMOON Account

Launch the BOTMOON app or navigate to the BOTMOON website on your browser. Sign in using your BOTMOON account credentials.

2. Navigate to the 'Trading Bot' Section

Once signed in, find and click on the 'Trading Bot' section from the main navigation menu.

3. Select 'Create New Bot'

In the 'Trading Bot' section, click on 'Create New Bot' or similar option to start setting up a new trading bot.

4. Choose 'Grid Trading Bot'

You will be given a list of different bot types. Select 'Grid Trading Bot' from the options.

5. Select 'Spot Trading'

After choosing the bot type, select 'Spot Trading' as your preferred trading method.

6. Set Up Bot Parameters

Next, you'll be required to set up various parameters for your Grid Trading bot. These will include:

  • Trading Pair: Choose the cryptocurrency pair you want the bot to trade. For example, BTC/USDT, ETH/USDT etc.
  • Investment Amount: Determine the amount you want to invest with this bot. Ensure that you have sufficient funds in your BOTMOON account.
  • Grid Parameters: Here, you set the parameters for the grid. This includes the upper and lower price limits and the number of grids. The grid trading bot will make trades within these price limits.
  • Profit per Grid: This is the expected profit for each grid. The bot will execute trades aiming to achieve this profit.

7. Review and Confirm

After setting up all the parameters, review the bot settings to ensure everything is correct. Once confirmed, click 'Create Bot' or 'Start Bot'.

8. Monitor Your Bot

Your Grid Trading bot is now active. You can monitor its performance from the 'Trading Bot' section. Remember, while bots can automate trading, it's essential to regularly review their performance and adjust settings as market conditions change.

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