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MMO Method

Automated Crypto Grid Trading

Crypto Grid Trading

Easy Crypto Trading Strategy For Passive Income

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    What Is Grid Trading?

    Source: Binance, What is Grid Trading

    Grid trading is a tool that will allow you to make profits by placing multiple buy and sell orders based around a price set price which is usually the current market price.

    What results in a grid drawn on the charts by multiple lines which represent not only the different prices levels but also the exact place where the coin will be sold or bought.

    This strategy is very simple to understand when compared with advanced models based on technical analysis because it follows a simple concept or statement which is “Buy Low, Sell High”. By using set price limits or lines you won’t need to predict market movements since you will be counting on the volatility to make profits.

    Your profit will be the percentage change in between the upper and bottom line (buy and sell order).

    How To Start Grid Trading?

    There are huge amounts of information out there… so I’m going to keep this short and focus only on the tools used by myself and displayed on my YouTube channel.

    If there are no funds in your exchange you will need to buy some or use Coinbase and then transfer it to your exchange (LTC has cheap transaction fees).

    We will be using a software or bot instead of constantly monitoring and creating the orders manually to take advantage of the market volatility (this market keeps going 24/7). The ones I recommend are BitUniverse and Bitsgap.

    BitUniverse is a very good free alternative. There’s no fee whatsoever, all you need to do is link it to your crypto exchange using your api keys (mine is Binance), and you are set. The disadvantage being that you won’t have a lot of advanced features such as trailing up and take profit and there’s no native function to see the grids on the chart.

    Bitsgap is a paid platform which offers not only a trading bot but also arbitrage opportunities and trading signals. Basic plan starts at $19 with a free 14-day trial and unlimited demo account. Just as BitUniverse it uses the exchange api keys to execute trades (secure because it can’t withdraw or move money around)

    I recommend you use Bitsgap if you can afford. If not, you can still use it to visualize the grids, get recommended settings and then copy/paste them into BitUniverse.

    To start a bot with real money you will need to have funds on your exchange beforehand and then input your bot settings.

    In Bitsgap all you need to do is:

    Choose a strategy.
    Sbot – Better for bull markets (price moving upwards in the long term)

    Classic – Better for sideways markets (price is going up and down without any significant down or uptrend)

    You can easily spot what market a certain coin is in by using a tool called cryptopanic. Just look at the right, choose a coin a see the direction of the line on the chart.

    Exchange
    Select the exchange of your choice.

    Pairs
    Select the coins you want the bot to trade.
    Example: ADA/USDT will trade ADA to accumulate/earn USDT.

    Change Investment value
    Choose the amount you want the bot to use.

    And then it will give recommendations for the other parameters.

    If you want to use BitUniverse just like me, just copy/paste the settings from Bitsgap to it when creating a manual grid trading bot on the Trade tab.

    Grid Trading Pros And Cons

    Pros:

    • Simple and easy to understand strategy.
    • No need to constantly monitor the market (can work for hands-off trading!)
    • Low downside and limited risk.
    • Take advantage of market volatility to make profits.
    • No signals based on technical indicators that might fail.

    Cons:

    • Bad strategy for Bearish markets (you might hold bags for a while if you choose small cryptocurrencies).
    • Won’t use all the funds available for some instances, and you might need to tweak the price range to get the most out of it.
    • When using a lot of grids, the investment will be higher, and you need to be aware of trading frequency (although fees might not be that high).
    Categories
    MMO Method

    Crypto Margin Lending

    Crypto Margin Lending

    Make $549 Per Year Passively With Crypto (No Trading Required)

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      What Is Margin Lending?

      Margin lending is done when you loan assets to traders who want to do margin trading on a specific website (exchange).

      The particularity of margin lending is that the loan is made for a specific trade (the borrower cannot do whatever he wants with the assets) and that the exchange platform, acting as a middleman, offers several protections to the lender, ensuring very low risk of not getting your money back.

      How Safe Is Margin Lending?

      Exchanges have high volume and liquidity.

      Due to that fact they always have reserve funds to ensure that there’s no risk in loss of assets and ensure payment of interest.

      Lending bots are also safe since they can only use permissions defines by you in the API settings, which means that they will only be able to lend and read your balance.

      Who Is Margin Lending For?

      This type of lending is for anyone who wants to earn interest over their crypto or even in regular currencies such as US Dollar, Euro and so on without having deep knowledge about trading or the markets.

      It’s also perfect for people who don’t have enough time to trade but still want to get involved with crypto, because this can be run on autopilot by using a lending bot!

      How Does Margin Lending Work?

      To make this work you will need 3 things:

      • Crypto exchange account
      • Lending bot
      • Some balance (crypto or not)

      Exchanges
      For lending the best performing exchanges are Bitfinex and Poloniex. They usually have the best interest rates and protection when compared with others.

      Creating an account is probably the easiest step. All you need to do is visit their sites and follow along.

      Lending Bot
      I recommend two that I have used in the past CoinLend and Cryptolend.

      The first can be used for absolutely free and the second charges a bit for payment plus a percentage of the income generated.

      For this example I used Cryptolend as you can see in the video.

      Funds
      You will need to get out some money in the exchange of your preference to lend it out.

      This can be done from the exchange itself… But you can also use CoinBase and get a few extra bucks by completing some quizzes!

      Putting Everything Together
      Now you will need to create an API key on your exchange and connect it with the bot, start it and that’s it.

      How To Make Money Using Coinbase

      How Much Does Cryptolend Cost?

      Cryptolend Free Membership $0

      • Free Membership
      • Totally free. Nothing to pay, ever!
      • All available currencies on 3 different exchanges
      • Unlimited lending volume
      • Unlimited number of bots @ 2min polling
      • Dedicated lending data and charts
      • Basic bot strategy

      Cryptolend Premium Membership 3%/Gains

      • Premium Trial access for free for 15 days.
      • 3% on gains. Pay only when you earn.
      • All available currencies on 3 different exchanges
      • Unlimited lending volume
      • Unlimited number of bots @ 2min polling
      • Dedicated lending data and charts
      • Your assets managed by Cryptolend
      • Unlimited use of Boost ™ technology
      • Unlimited access to strategies and settings
      • Email alerts
      • Reports and statements
      • VIP support
      • Multi-accounts functionalities
      • Large fund introduction (contact us to benefit from our experience)

      Margin Lending Resources

      Bitfinex has high USD liquidity, low fees, many order types, margin trading and lending market.
      Poloniex has many altcoins to trade in, margin trading in altcoins and goood liquidity.

      Coinbase also has high liquidity, integrated debit and credit cards, and it’s newbie friendly.

      This site is the easiest to buy cryptocurrencies fast.

      If you don’t have your exchange accounts verified there’s always the option to use Coinbase and transfer crypto to different exchanges.

      Plus Coinbase earn gives you free crypto by just answering simple questions!

      Cryptolend is great because anyone can lend without paying anything!

      It has both simple and advanced strategies to loan your assets and very affordable premium plan.

      Also excels in the resources and video tutorials that teach you how to set up everything by yourself.