Does grid trading bot buy more coin as it buys and sell or it just takes the income profit and holds it?

Answer

The amount of tokens bought in every grids is same, it wont increase by itself. It stores profit inside the bot, which you can release using Release Profit function in the running bot details. Check out how Releaseable Profit is calculated here : https://pionex.zendesk.com/hc/en-us/articles/360048167594-How-is-Releasable-profit-calculated-

Related posts:

  1. How about it takes a reverse grid (trailing buy) and then does a normal grid ( trailing sell)
  2. Can i release profit if my unrealised profit is in negative?
  3. Any reason why I can't release profit for this? Whenever I try to release profit it says there is zero profit. Even though I can see there is +21 profit…
  4. Is this grid profit locked in after each grid trade? (ie the system buys btc), or is it simply the ongoing USD profits, which the system will use to buy btc at market price when the bot is closed
  5. Grid profits are showing more than the release profit. Can’t we release all of grid profit?
  6. What i have conclude is that the trading bot buys half of investemt on trigger price and let the other half in pending buy positions till its lower range, and put sell orders till its higher range
  7. When using Pionex Bots, how is the released profit calculated, assuming the grid profit is higher?
  8. How long does it tak to release profit..dont make sense you in profit why cant i take profits out.
get free trading bots now