Is there an easy way to increase the amounts it uses for a purchase? Or would I create a new trading bot with a larger amount invested?

Answer

Increasing investment is possible with certain trading bot on the pionex exchange. example the arbitrage bot and rebalance bots give you the option to add more investments however there are some other bots that doesnt have this feature but you can still create a new bot with the new investment you have without closing the bot

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  1. I understood that it was because it was using my BTC in the waller to make a sell at a higher price – so basically it uses USDT to buy more then the price goes down and uses BTC to sell – is this how this GRID BOT works as well and the returns similar to what I have mentioned above?
  2. The max sum I can lose is what I invested in it, correct? So if I invested 500$ that could be my max lost, right?
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  7. Grid bot is the one I planned to use but not sure about the pair and other stuff like how much to leave it running etc. Also, are there any fees or minimum amounts I should know?
  8. Is there a page that lists the minimun amounts to buy/sell and withdraw? It would be nice to know beforehand.
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