Crypto exchange KuCoin has introduced a pioneering advancement in crypto investing through the launch of two AI-powered trading tools. The strategy revolves around harnessing AI’s computational capabilities for precise and sophisticated task execution.
DualFutures and Spot Grid AI Plus Bots: KuCoin’s Advancement in Crypto Trading
The firm emphasizes that AI-driven strategies have the potential to mitigate errors linked with manual processes, and can significantly reduce the time needed for these tasks. KuCoin believes that the culmination of these benefits often leads to increased profitability for investors.
KuCoin is notably unveiling two distinct AI trading bots. The first innovation, known as DualFutures AI, is designed for Futures trading with a quantitative approach. DualFutures caters to traders seeking substantial rewards from Futures trading without requiring intricate expertise.
Through fund allocation and bot activation, traders can open and close positions based on specific trading signals. DualFutures excels during market rebounds and pullbacks, capturing profits from both upward and downward market movements.
Conversely, the Spot Grid AI Plus, an advanced iteration of the classic grid strategy, exploits short-term price fluctuations in volatile markets for arbitrage. This fully automated solution adjusts its strategy parameters in real-time, ensuring continuous arbitrage within a predefined grid range. KuCoin highlights that AI systems capitalize on fleeting trading opportunities by analyzing real-time data from diverse sources. This data-driven analysis enables AI bots to detect trends and patterns that might elude human investors.
Additionally, KuCoin offers users the chance to engage with their AI trading bots through an activity titled “Create DualFutures AI & We Shall Pay For Your Liquidation.” The offer is valid from September 8, 2023, at 15:00 UTC to September 30, 2023. During this period, KuCoin commits to compensating for principal loss resulting from any liquidation during normal use of the DualFutures AI bot.
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