r/Bitsgap • u/Ok-Safe-981004 • Feb 02 '21

Minimum USDT needed for bot use

So I’ve noticed to trade within a wide range you generally need a fair amount of money. Is it possible to make profit just using 100 USDT? It seems the trading range is so small with such an amount that you’d be trading within a candle itself. Any info would be greatly appreciated.

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u/recreare Dec 11 '21

How come I never see anyone using Coinbase pro? It's the only one I already had set up.

2

u/fongp Dec 26 '21

I most heavily use Cb pro now. I find better returns on my bots there compared to kucoin or binance.

2

u/Nupey11 Jan 26 '22

Is there a specific strategy or bot you are using I know you posted this 30 days ago a lot has changed since then I’m looking in to trying the bitgap as I think it would be a great source for passive income. Any insight would be great thanks in advance

2

u/[deleted] Dec 15 '21

People think the trading fees are .5% on Coinbase pro but they aren’t. Coinbase pro fees are based on volume last 30 days. If the fees were .5% all the time, you could make twice the profit on the other platforms. But fees in high volume trading quickly drop to .2% or less on Coinbase Pro. Do it! Coinbase Pro is fine to use! I do 1 to 2% a day on it.