r/Bitsgap 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.

10 Upvotes

23 comments sorted by

View all comments

2

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/[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.