"BitUniverse, the #1 cryptocurrency auto portfolio tracker & trading terminal, now delivers Grid Trading Bot function, which is favorable for swinging market. No need to deposit money and only need your API Key to start the Bot."
So if you have always been looking for an easy way to get into trading cryptocurrencies with bots, I have just the thing for you. A little over a month ago, I stumbled across BitUniverse and their awesome team.
If you have been following the BitUniverse team and their updates then you know they are always trying to be more educational towards their audience so that their users are making the best decisions for their own individual grid trading strategies or you can copy one of BitUniverse's already proven grid trading strategies, which is great for beginners who want to make big profits with minimal effort.
So first, what is Grid Trading?
Well, David Yeh from BitUniverse has already written a detailed article explaining just that on medium.
Here is the link for that article: https://medium.com/bituniverse/bitcoin-grid-trading-in-bituniverse-best-trading-bot-in-swinging-market-b9a6d52c420f
Here's an excerpt from that article that may help explain:
"ABOUT GRID TRADING
Grid trading is a type of trading strategy that profits from the sideways as well as trending market conditions. In the simplest of terms, Grid trading involves hedging, or placing simultaneous buy and sell orders at certain levels. The aim of this approach is to maximize the profits while the in-built hedging system ensures that the risks are minimized.
How Grid trading works
Grid Trading strategy will keep making profits as long as the price swinging. It’s clear that every trade is profitable in the following graph. Grid Trading Bot is settled between 3,300 to 4,200 for Bitcoin. When the price hit each target price in the grid, the bot will take some profits and vice versa."
So how does it work?
Well first, we have to download BitUniverse using this link: https://rewards.bituniverse.org/get_grid_diamond_en.html?invite_code=0UrOT5IK&from=account
Once you have created your account, you will be able to then sync BitUniverse with the API's of most major exchanges. It sounds intimidating if you've never drove it, but from one technically challenged person to another, its really simple. I was able to chuckle at myself afterwards for feeling like I was going to break these internet or something. It really is simple.
I know what you're thinking, "would an API put my account in some sort of security risk?"
Glad you asked!
David Yeh has actually written an article on this as well!
Here's the link: https://medium.com/bituniverse/highest-security-level-with-the-api-keys-in-bituniverse-a86e00fce053
Long story, short:
"Your API Key is stored in the VPC with physical isolation, and there’s barely any way to connect. All the API Keys are encrypted and can’t be decrypted without the private key. They can’t even match the API Key to the right user due to the encrypted data is related with the info of each user.
All the orders placing process will be done in the VPC with physical isolation in few milliseconds. Hackers don’t even have the chance to break the server and steal your API key.
Your API Key is SAFE with security experts from BitUniverse team."
That's straight from David's article for those of us that just don't know the techy verbage, he does a pretty good job at explaining it in plain English.
They do offer an enhanced experience with the paid version called BitUniverse Prime.
BitUniverse has also created a referral program where they are giving away $BUB (their token). The Referral Pilot Program will be lasting for 7 days. (April 17 ~ April 24)
That being said, the first 3 people to use my link will get a 7-Day FREE trial of BitUniverse Prime!
If the BitUniverse Prime is still new to you, here's the quick introduction about the service. BitUniverse Prime is a monthly subscription service (20BUB or 20USD per month) which including three services as follow.
*Grid Signals from PRO Traders
*Extended the grid quantities from 99 to 200
*SMS/E-mail alert for your grid bot.
👉Twitter: @dweebertology
👉 Download BitUniverse: https://rewards.bituniverse.org/get_grid_diamond_en.html?invite_code=0UrOT5IK&from=account
Our Communities
👉 Telegram for traders: https://t.me/butrader
👉 Telegram: https://t.me/bituniverse