Spot Position Grid on Bitget - Mobile App Guide
[Estimated Reading Time: 4 Minutes]
This guide explains how to use the Spot Position Grid Bot on the Bitget Mobile App. The bot automates spot trading strategies, helping users capitalize on market fluctuations by systematically buying low and selling high. Follow this step-by-step guide to configure and launch the bot directly from your mobile device.
What Is Spot Position Grid?
The Spot Position Grid Bot is an automated trading tool that places buy and sell orders within a predefined price range. Designed to profit from volatile markets, it helps traders execute a systematic strategy while reducing emotional trading decisions.
Key Benefits:
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Market Volatility Utilization: Ideal for profiting in fluctuating markets.
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Automation: Reduces manual trading workload with pre-set grid strategies.
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Customizability: Choose between Normal and Reverse grid modes to match your market outlook.
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HODL Mode: Allows you to retain assets after strategy termination, unlike the Sell at Termination option.
How Does the Spot Position Grid Work?
The Spot Position Grid Bot leverages intelligent algorithms to automate buy-low and sell-high strategies within a predefined price range. It adjusts grid parameters based on backtested data to optimize trading efficiency and reduce risks.
1. Normal Grid Mode: Places buy orders at lower prices and sell orders at higher prices within the grid range. Best for sideways or slightly volatile markets.
2. Reverse Grid Mode: Focuses on selling at higher prices and buying back at lower prices, suitable for reducing holdings in downtrends or accumulating during uptrends.
3. Grid Parameters Are Fixed:
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The bot uses intelligent algorithms based on backtesting to set optimal grid intervals and price ranges, minimizing grid termination risks.
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You cannot manually adjust the price range or number of grids. The system ensures these parameters are optimized for broader ranges and better performance.
How to Set Up Spot Position Grid Bot?
Step 1: Access Spot Position Grid Bot
1. Tap the "Trade" tab in the bottom navigation menu.
2. Switch to the "Bots" tab.
3. Select Spot Position Grid from the available bots.
4. Choose a trading pair (e.g., BTC/USDT) from the dropdown menu.
Step 2: Select Grid Mode
1. Choose one of the following modes:
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Normal Grid Mode: Automates buy-low and sell-high strategies for sideways or volatile markets.
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Reverse Grid Mode: Automates sell-high and buy-low strategies to accumulate assets or reduce exposure in downtrends.
2. Review the system-recommended parameters:
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30-Day APY
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Profit Per Grid
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Number of Grids
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Recommended Period (7–30 Days)
Step 3: Set the Investment Amount
1. Enter the USDT amount you wish to allocate to the bot.
2. Ensure your Available Balance meets the Minimum Investment requirement displayed on the interface.
Step 4: Adjust Advanced Settings (Optional)
1. Sell at Termination: Enable this option to automatically sell all holdings when the strategy ends, converting them into USDT.
2. HODL Mode: Enable this option to retain your accumulated holdings after the strategy ends for long-term investment.
Step 5: Launch the Bot
1. Double-check all configured settings, including investment amount and optional preferences.
2. Tap Create order to activate the bot.
3. Track your bot’s performance and progress through the "My Bots" dashboard.
Step 6: Terminate the Bot (If Needed)
1. Go to "My Bots" dashboard.
2. Select the bot you want to stop.
3. Tap "Termination" and confirm.
4. Once terminated, all open positions will be closed automatically at market price, and any remaining funds will be returned to your account.
Note: Termination is final and stops all trading immediately. Use "Suspend" if you plan to resume later.
FAQs
1. Can I edit the price range or grid levels?
No, the bot calculates grid parameters automatically for optimal performance using backtested data.
2. What is HODL Mode?
HODL Mode allows you to keep assets accumulated during the grid strategy instead of selling them at termination.
3. Are there additional fees for using the bot?
Standard spot trading fees apply to each executed trade, but there are no extra charges for using the bot itself.
4. Can I switch modes after activating the bot?
No, you need to stop the current bot and create a new one to switch between Normal and Reverse modes.
5. What happens if the price moves outside the grid range?
The bot pauses trading until the price re-enters the predefined grid range.
Disclaimer and Risk Warning
All trading tutorials provided by Bitget are for educational purposes only and should not be considered financial advice. The strategies and examples shared are for illustrative purposes and may not reflect actual market conditions. Cryptocurrency trading involves significant risks, including potential losses exceeding your initial investment. Always conduct thorough research and understand the risks involved. Bitget is not responsible for any trading decisions made by users.
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