The NEAR Trading Bot by Bitsgap is a cutting-edge tool for automated trading. Using the Bitsgap interface and API keys, you can connect to your favorite exchange and build a variety of tools that follow different strategies, including GRID and DCA.
Moreover, you can backtest each bot to see how it would have performed historically, as well as hedge yourself against unnecessary risks with Take Profit and Stop Loss features. To profit from minor price changes, you can also use Scalper bot that’s currently available on KuCoin exchange.
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How Does the NEAR Trading Bot Work?
The Dollar-Cost-Averaging (DCA) NEAR trading bot buys or sells a preset amount of the NEAR coins in predefined time increments over time, thus allowing you to maintain a NEAR cost price similar to the market average.
The GRID NEAR trading bot utilizes a price grid strategy and involves placing orders above and below a set price. This way, the GRID NEAR trading bot automatically buys when the price drops and sells when the price climbs.
Advantages of the NEAR 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 NEAR Trading Bot
Sign up on Bitsgap
Connect an exchange
Choose your bot
Pick a NEAR pair
Set the bot up and run it
NEAR Trading Platforms
With Bitsgap’s NEAR Trading Bot, you can effectively automate your NEAR 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 NEAR 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
What Is Automated Cryptocurrency Trading?
Automated trading is a pre-programmed buying or selling of assets that don’t require your actual physical presence. A cryptocurrency trading bot is a computer program that allows you to automate some of your trading decisions by executing trades on your behalf based on preconfigured rules and conditions.
How Do NEAR Trading Bots Work on Bitsgap?
Bitsgap offers a number of trading bots that follow different trading strategies. For example, Flat, Buy the Dip, and Custom (Sbot and Classic) all follow the GRID trading strategy and work well on the sideways market. The DCA bot, on the contrary, follows the Dollar Cost Average trading strategy that works well in the high-trend market.
Are my funds secure with Bitsgap?
Yes, your funds are absolutely secure. Your assets are kept securely with your exchange and connected to Bitsgap via encrypted API keys. Bitsgap doesn’t store or manage your funds in any way. Moreover, all login attempts to Bitsgap are fully secure. You can also enable 2FA verification as an extra security layer.