How does the number of grids affect profit?

The number of grids in your bot's price range impacts the percentage profit earned between buy and sell orders. Here's how it works:

More Grids: Frequent Small Profits

• Benefit: Higher chance of filling orders.
• Trade-Off: Lower profit per trade.
• Best For: Traders who prefer frequent, consistent trades with smaller gains.

Fewer Grids: Larger Profits Per Trade

• Benefit: Higher profit per grid.
• Trade-Off: Lower probability of orders being filled.
• Best For: Limited budgets or those seeking higher gains per trade, even with fewer trades.

Recommendation

Aim for 0.5% to 2% profit per grid to strike a balance between profitability and order completion. Adjust grids based on your trading goals and available budget.

Need Assistance?
If you encounter any issues or have questions, don’t hesitate to contact the Bitsgap Customer Support Team.