Mini Flash Guide: a user asked me about how to set up a trading bot on Binance, so here is a quick mini guide for those who are just starting:
Open the app.
In the bottom bar, tap "Trade".
In the top bar, select "Bots".
Choose "Grid Trading" from the Spot menu.
Select the cryptocurrency pair you want to trade (for example, DOGE/USDT or any pair you prefer).
Tap the "Manual" option to customize the bot to your liking.
Set the price range in which you want the bot to operate. For example, you can choose a price range that fits the current market fluctuations.
Choose the number of grids (buy and sell levels). The number of grids depends on how much you want to invest and how you prefer the bot to manage the trades.
Activate the bot and let it operate automatically.
Remember!
The bot needs $USDC - USDT or some other stablecoins to operate, so make sure you have enough balance in that currency.
It is recommended to start with a small amount if you are just beginning. This way you can test how it works and adjust it as necessary!
The bot will operate within the price range you defined and will execute buys and sells automatically to take advantage of market fluctuations.
For those who find it useful, happy trading! 🚀 💥