VET is an Ethereum-based token that powers VeChain, a smart contract blockchain that’s best known for its B2B supply chain product that tracks shipped goods. The VeChain Trading Bot is an automated software program that buys and sells VET according to preset rules. Bitsgap has several trading bots for VET: DCA, GRID, and Scalper for spot market trading and Combo for Binance Futures.
Bitsgap offers a safe and secure trading environment that can help you make your trading more efficient and profitable. Try a seven-day free trial now to test the bots and see for yourself!
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How Does the VeChain Trading Bot Work?
VET Trading Bots can help you take a leap toward that dream income! Bitsgap has two VET Trading Bots: DCA and GRID, which have both shown extraordinarily good results on all connected exchanges.
The DCA VeChain Trading Bot repeatedly purchases VET in small amounts over time, slowly but steadily accumulating VET and reducing the overall purchase price. The GRID VeChain Trading Bot creates a grid of orders and keeps generating profits from any market movement.
Advantages of the VeChain 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 VeChain Trading Bot
Sign up on Bitsgap
Connect an exchange
Choose your bot
Pick a VeChain pair
Set the bot up and run it
VeChain Trading Platforms
With Bitsgap’s VeChain Trading Bot, you can effectively automate your VET 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 VeChain 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’s the Best Trading Bot for VeChain?
Bitsgap has several bots to trade VET. All of them can become fantastic additions to your trading routine! Each follows a different trading strategy. This way, the GRID VET Trading Bot follows a GRID strategy, while the DCA VET Trading bot follows a Dollar Cost Average (DCA) trading strategy. There are also other bots you can try. For example, the Scalper bot for the KuCoin exchange and the Combo bot for the Binance Futures.
Does Bitsgap Have Access to My Funds?
To use Bitsgap, we only need to access your trade history, balance view, and trading. Bitsgap doesn’t have any direct access to the management of your funds. An encrypted API key that you use to connect Bitsgap to your exchange comes with a disabled withdrawal of funds. If permission to withdraw funds is enabled, your API key will be rejected by default. So make sure you check that off when setting up Bitsgap.
How Does DCA VeChain Trading Bot Work?
Each bot works differently as it follows different trading strategies. For example, the GRID VET Trading Bot creates a grid of orders around the set price and profits from fluctuations in the price within the set grid. The Scalper VET Trading bot works on the KuCoin exchange and is similar to the GRID bot except that it operates on the minimal grid step of 0.1%. This allows the bot to continuously scalp small gains from even minor price changes.
