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
The best automated trading bot for NEAR depends on the current market conditions. If NEAR is moving sideways, a GRID bot on Bitsgap is an excellent choice, as it buys low and sells high within a price range. If NEAR is trending upwards or you're aiming to accumulate it steadily, a DCA Long bot would be ideal. For futures trading, if you want to use leverage and combine multiple strategies, the COMBO bot can be very effective. Bitsgap’s flexible setup lets you choose the bot that matches your NEAR trading goals.
Bot trading can be better than manual trading in many cases because it removes emotions, works 24/7, and executes trades faster and more consistently. It follows a strict strategy without getting tired or making impulsive decisions. However, bots still need good setup and risk management—trading with a bad strategy will lead to losses whether automated or manual. Bitsgap’s bots offer tools like Stop Loss, Take Profit, and Trailing features to support safer automation.
Bitsgap focuses purely on crypto trading, not stocks. However, in traditional finance, there are stock trading bots offered by other platforms like TradeStation, MetaTrader, and Interactive Brokers. If you're looking to automate buying and selling of crypto assets like NEAR, Bitsgap’s bots are perfectly suited for that, but they don't currently support stock markets.
To optimise your NEAR trading bot, start by carefully choosing your price range if using a GRID bot, or your entry intervals and safety orders if using a DCA bot. Use the backtesting feature on Bitsgap to see how your settings would have performed historically. Set realistic Stop Loss and Take Profit levels to lock in gains and protect against big drops. Adjust your grid spacing or DCA safety orders depending on NEAR’s volatility. Finally, monitor your bot’s performance regularly and fine-tune the settings as market conditions change.