Hydax X BitUniverse Grid Trading Tool Guide Part 3 — Start Your Grid Trading at Hydax

Hydax Media
Hydax
Published in
4 min readFeb 18, 2020

Congratulations, you have finally reached this step. The following tutorials will help you quickly start the grid trading experience at Hydax:

1. Open the BitUniverse APP and log in to your BitUniverse account. [BitUniverse Registration Guide]

2. Go to the “Portfolio” tab. Add Hydax Exchange into your portfolio.

3.Tap “+” at the top-right of the screen. Connect Hydax API Key. [API Key Connection Guide]

4. Create Grid Trading Bot

Enter BitUniverse APP and click on the navigation bar “Trade > Bot”.

  • Select Hydax and select the trading pair for which you want to create a grid bot.
  • Set price range and profit margin. (You can also leave it unset and trade according to the system recommended parameters)
  • Set the number of funds you want to invest in.
  • Click Create Order and Confirm.

Note: Grid orders will keep running in the back system without having to open the APP all the time. When you are used to using the system, you can also use a custom strategy instead.

AI strategy (Recommended)

The AI ​​strategy backtests past price and parameter performance and calculates an annualized return. If you’re a newbie and don’t know how to config the bot, BitUniverse AI Strategy is here to help! From our statistic, AI users made an average of 10% more than normal users!

Parameter Explanation:

1) Lowest price: There is no limit on the maximum price of the infinite grid. You only need to set a minimum support position that you think is the lowest price here. Once the price falls below this minimum price, the grid bot will not continue trading. Will enter to waiting zone, wait for the price to rise back then start running.

2) Single Grid Profit: Sell or buy each time when the price rises or falls by a certain percentage, generally it can be set between 0.5%-2%.

3) Investment Amount: By pulling the slider below, you can determine your investment amount, which is how much money you want to invest using grid trading bot.

4) Available balance: how much money you have now.

Manual Setting:

1) Lowest price: Set how much money you think the coin will fall.

2) Single grid profit margin: Recommended value: 0.5%-2%. The specific interpretation has been explained in the previous paragraph.

3) Total investment: Manually enter how much money you want to invest when creating the grid trading bot.

5. After you click Create bot, it will use about 50% of your funds to buy coins. You don’t need to worry about this, the bot will execute the order automatically. The only thing you need to do is to choose a currency that has a good trend, set the parameters, and let the bot run automatically. The grid bot is recommended to run for 1 or 2 weeks. When the trend coming, grid bots are money machines. Since it will run 7 * 24 hours of automated trading and never rest. You can rest assured and look forward to your “income after sleep”!

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Hydax Introduction

Hydax Exchange is a secure and trustworthy digital asset exchange. It was officially opened to the public in August 2019. Hydax’s operating goal is to take the interests of users and project parties as the cores of the platform. Provide global users the top-rated blockchain projects also with the ability to give 360-degree all-round empowerment through a global strategic layout. Hydax will form a continuous stimulation of both the increase of digital assets and user numbers growth.

Hydax Website:https://www.hydax.com

Hydax Telegram:https://t.me/HydaxExchange

BitUniverse Introduction

BitUniverse independently develops and initiative applies Grid trading bot in cryptocurrencies. Within three months after the bot coming online, it has helped users earn more than 3 million USD. BitUniverse is an app integrating market data, auto portfolio and grid trading. Within 1 year after the release of the App, the number of downloads exceeds 1 million. The App has supported more than 200 exchanges, 6000 tokens and 10 exchanges for Grid trading bot.

BitUniverse website:https://www.bituniverse.org/

BitUniverse Telegram:https://t.me/butrader

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