[New Service] Auto Trading, 24/7 Auto Order with One-time Setting!
Hello.
I believe those who are investing in digital assets are already familiar with Bithumb’s Auto Trading Service: reserve an asset to be automatically trading if its price reached the goal you desire, without you continuing to look at the chart. But what if you can go one step further than a simple trading-reserving system? What if you can trade your assets repeatedly with a one-time setting? Everything is permitted in Bithumb! We have launched a brand new Auto Trading Service. :)
What is Auto Trading?
Auto Trading is an auto trading service that can help you to earn stable profits by setting it to repeat the routine of buy at a low price (low price buying) and sell at a high price (high price selling). Once you had a set up for Auto Trading Order, it will trade automatically 24/7. A smart service that allows you to gain some earnings whether the price is changing or drifting.
If you had setup for Auto Trading, orders will be transmitted in a ‘pending order.’ Buy orders will be placed at a lower price than the current price and sell orders will be placed at a higher price than the current price. When the price of digital assets moves, the trades will be confirmed automatically in a price between the setup prices and calculate the return rate.
Let’s take an example.
Let’s make a default setting. First, set the highest price and lowest price of the digital asset to be ordered from KRW 1.3 million to KRW 0.8 million. And then set the number of auto trading orders to 3. The purchase order of KRW 0.8 million will be sold at KRW 0.9 million, recording a profit of KRW 0.1 million. And the purchase order of KRW 1 million will be sold at KRW 1.1million, also recording a profit of KRW 0.1 million. As you can see, the three confirmed auto trading orders have granted you a total profit of KRW 0.3 million.
Have you fully understood the concept? By utilizing Auto Trading Service efficiently, you can get more earnings than you normally do. :)
How to Use Bithumb’s Auto Trading
In PC
If you have understood the concept of how the Auto Trading is functioning, now is the time to learn how to use Bithumb’s Auto Trading. First, let’s set up an order on PC.
① Click the [Auto Trading] from the Exchange category at the top of Bithumb Exchange’s main webpage.
② Click on the [▼] button at the Auto Trading page to choose the digital asset you want. Then enter the information required for creating Auto Trading Order. You can either directly enter the Investment Price manually or set it as a % rate. After setting the Highest Price, Lowest Price, and Number of Orders, then click on [Calculate Return Rate] or [Place Order]. Though it is not mandatory, setting up the Loss limit will allow your Auto Trading Order to stop immediately when the price goes lower and settle the digital asset in possession at the market price. That means the Auto Trading will become much safer!
*The Number of Orders can be set up between 10 to 100.
*If you had chosen [Auto AI], just type in the Investment Price. AI will set up the remaining information such as the Highest Price, Lowest Price, or Number of Orders in the optimal condition that had recorded the highest earning rate within the past 7 days.
③If you click on [Place Order], an Order Confirmation page will appear. Check the order’s detail, select the checkbox next to the Agree to Use Auto Trading Service. Click on the [Open] button, and the order is done!
*The number of Auto Trading Orders proceeding simultaneously is limited up to 5 per ID.
④You can check the order history of Auto Trading Service from the Auto Trading page. If you wish to cancel the existing setup order, click on Order in Progress will do the trick. Since you can click [View Details] to view the information of both Orders in Progress and Orders Concluded, it will be much convenient to take them into accounts when you are setting up for the next Auto Trading Order. :)
*Cases of Concluded Auto Trading
1) When the user clicked on the Cancel Auto Trading button from the Order History
2) When the user canceled the Pending Order placed through Auto Trading
3) When the price of digital assets drops below the Loss limit
4) When the return rate of each transaction detected as minus (-)
ㅣIn Mobile
Now, let’s see how to set up the orders on mobile.
① Tap on the [≡] button at the top right of the mobile main page and select the [Auto Trading] from the Category.
② Just as in PC, tap the [▼] button from the Auto Trading page and select the digital asset you wish to place an order. Enter the information required for placing Auto Trading Order, then tap on [Calculate Earning Rate] or [Place Order].
③ Check the order’s detail, select the checkbox next to the Agree to Use Auto Trading Service. Click on the [Order] button to complete the setting!
④ You can check the order history by tapping on [Order History>] at the bottom of the Auto Trading page. If you wish to cancel the existing setup order, click on Order in Progress will do the trick.
We’ve learned about Bithumb’s brand new Auto Trading Service by far. Follow the course step by step. Then you will be able to place orders at a price you want in a more simple way. With Bithumb’s Auto Trading Service, you don’t need to worry about if everything runs smoothly! Set your one-time setup and gain your earnings 24/7!
