UTrading is an automated crypto trading platform that operates on leading crypto exchanges, including BingX and MEXC. The platform gives users access to trading bots that run 24/7, leveraging proven algorithmic strategies to generate profit in USDT.
The bots simultaneously apply three trading strategies — a Price Breakout Strategy, a Grid Short Strategy, and a Grid Long Strategy.
These strategies are perfectly suited for all market conditions. In this guide, we’ll take a detailed look at each one.
PRICE BREAKOUT STRATEGY
- At the first launch, the bot executes a market buy using 50% of the value of the acquired Performance Pack and places a limit sell order at a price 5% higher than the purchase price.
- For example, if you’ve purchased a level 350 Performance Pack for 550 EUR (equivalent to 605 USDT), the bot will execute a purchase of 302.5 USDT. Let’s assume the price of UCN at the time of purchase was 10,000 USDT. The bot will place a limit sell order at 5% above the purchase price — at 10,500 USDT.
GRID SHORT STRATEGY
- When the price drops by 0.5% from the first purchase price, the bot makes a market buy for 1% of your Performance Pack. It then places a limit sell order for that 1% at 0.5% above the purchase price.
- Let's look at an example: if you have purchased a level 350 Performance Pack for 605 USDT, when the price drops by 0.5% from the starting price of 10,000 USDT, the bot will buy 6.05 USDT at the market price of 9,950 USDT and place a limit sell order 0.5% above the last purchase price, at 9,999 USDT.
GRID LONG STRATEGY
- In a similar manner, when the bot is launched, the starting price is considered the current minimum. When the price increases by 0.5%, the bot executes a market buy using 1% of your Performance Pack value, and places a limit sell order at +1% above the purchase price.
- Let's look at an example: suppose you have purchased a level 350 Performance Pack for 605 USDT. When the price rises by 0.5% from the starting price — let’s say from 9,800 USDT — the bot will buy 6.05 USDT at the market price of 9,849 USDT and place a limit sell order at 9,947 USDT.
With each subsequent price increase from the minimum price or from the last buy order (whichever is lower) by 0.5%, the bot will make a purchase following the same algorithm.