Grid Bot Setup:
Access Binance:
Open the Binance app and go to "Trade" > "Trading Strategy".
Select the trading pair:
Search for and select PENGU/USDT.
Choose the strategy type:
Tap "Create Strategy" and select "Grid Trading".
Recommended Strategy:
Price Range: $0.027 – $0.035 USD
Number of Grids: 10
Take Profit: 5%
Stop Loss: 3%
😀👉Define the parameters:
Parameter Suggested Value Description
Investment $200 USD Total capital to invest
Lower price $0.027 USD Lower limit of the price range
Upper price $0.035 USD Upper limit of the price range
Number of grids 10 Number of buy/sell levels
Take Profit 5% Profit percentage for selling
Stop Loss 3% Loss percentage for selling
Review and confirm:
Check the settings and tap "Create" to activate the bot.
This setting allows the bot to buy PENGU when the price falls within the defined range and automatically sell it when it reaches a 5% profit or a 3% loss.
⚠️ Important Considerations:
Volatility: PENGU has shown a 31.6% increase in the last 24 hours, indicating high volatility.
Risk: Cryptocurrencies are high-risk investments; make sure you understand the risks before investing.
Monitoring: Regularly review the bot's performance and adjust parameters as needed.