Setting Up and Launching Your LOOP Bot

Setting up a LOOP Bot is easy and straightforward. Follow these steps:

Step-by-Step Configuration:

1. Log In to Bitsgap:

   • Access your account on the Bitsgap login page.

2. Navigate to the Trading Bots Section:

   • Click [Start new bot] in the top right corner and select LOOP Bot.

3. Set Parameters:

   • Exchange: Choose your exchange (e.g., OKX).
   • Trading Pair: Pick your preferred trading pair (e.g., BTC/USDT).
   • Investment Amount: Allocate total funds for the bot.
   • Quick Setup: Choose between Short-term, Mid-term, or Long-term configurations.
   • Price Range: Define the high and low price levels for your grid.
   • Grid Steps: Set percentage differences between grid levels.
   • Number of Levels: Specify 10 to 40 grid levels.

4. Risk Management:

   • Trailing Up: Enable or disable based on market trends.
   • Take Profit: Choose your preferred take profit option.

5. Backtest:

   • Simulate your bot’s performance with historical data for optimization.

6. Activate the Bot:

   • Review settings and click [Start Bot] to activate.

What's Next?

• What is LOOP Bot and When to Use It?: Understand the bot's features and ideal market conditions.
• Monitoring and Managing Your Bot: Learn how to track and manage your bot’s performance.

Need Assistance?

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