The team behind Flow has a few exciting projects, including CryptoKitties, a popular blockchain game, Flowverse, a different take on Metaverse, and the FLOW coin that powers the Flow ecosystem. Considering the number of successful undertakings and fantastic projects that are still work-in-progress, it’s worth investing in FLOW!
The Flow Trading Boy by Bitsgap is a smart tool for automated trading that can benefit from even the tiniest price movements depending on the market situation and bot configurations. There are currently two types of bots that you can use to trade FLOW on Bitsgap: DCA and GRID.
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How Does the Flow Trading Bot Work?
The GRID FLOW trading bot allows you to profit from market volatility and best works in a competitive sideways market. The GRID FLOW trading bot automates buying low and selling high when the market reaches predetermined prices.
The DCA FLOW trading bot allows you to divide your investment across periodic purchases of FLOW to decrease the impact of market fluctuations. The bot will buy or sell regardless of the price at regular time increments, thereby averaging the cost price of FLOW.
Advantages of the Flow Trading Bot
Bitsgap offers different modifications of trading bots, letting you combine various settings and strategies to achieve better results.
GRID Trading Bot
Profit from the slightest market moves
The highly efficient crypto bot based on the grid strategy. Use it to maximize profits on every price changes in a sideways market.
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How to Launch Flow Trading Bot
Sign up on Bitsgap
Connect an exchange
Choose your bot
Pick a Flow pair
Set the bot up and run it
Flow Trading Platforms
With Bitsgap’s Flow Trading Bot, you can effectively automate your FLOW trading on Binance, Bybit, Kucoin, OKX, and 10+ other major crypto exchanges. You don’t have to set orders manually anymore: Connect your favorite exchange to our platform via the secure API key, create a smart strategy with advanced features only available in Bitsgap’s bots, and watch your profits soar.
Demo Mode lets you try crypto trading with simulated funds. Experiment with your Flow Trading Bot on various instruments and with different settings in a risk-free sandbox. The Demo Mode virtual account has all the same market conditions as real trading on the platform. Bitsgap will autonomously execute your orders, showing your actual trading results.
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FAQ
How Many Different GRID Trading Bots Does Bitsgap Have?
Bitsgap has several trading bots that follow the GRID strategy: Flat, Buy the Dip, and Custom (Sbot and Classic). For example, if you want to earn FLOW as it becomes cheaper and then hold the currency until the price rises, you may want to try the Buy the Dip FLOW trading bot.
How Does Bitsgap Calculate Trading Bots’ Profits?
Since bots always buy low and sell high, the bot profit will generally be always positive. That doesn’t mean, however, that you’re going to make money. In fact, you may be losing money if the coin value plummets. To calculate the bot profit, you’ll have to click on the graph icon next to your chosen bot, which will pull up a screen with a few things like Initial and Current funds, Benchmarks, and Bot profit.
How Вoes the Backtest Feature Work in Bitsgap?
Backtest is a cool feature that allows you to analyze a bot’s effectiveness based on historical data, your predefined settings, and a trading pair for a specific period of time. Currently, the backtest feature is only available for the Bitsgap GRID bots. You can launch Backtest feature while configuring your bot from the bot settings menu on the right-hand side of the screen.
