Grid Bots: An Introduction to AI Grid Bots (2023)

What’s a Grid Bot?

A Grid Bot is a significant addition to the 3Commas Bot family.

Grid Bots are perfectly suited to trading cryptocurrencies that are without trend, for example, cryptocurrencies that are not moving up or down with any clear direction. This is also known as ranging, moving sideways, or even “chop”.

Grid Bots are the easiest bots to create and use and are perfectly suited to beginners; both to bots in general and also Technical Analysis with charts.

If you choose your Grid Bot wisely, they can run for weeks, months, and possibly years, returning regular profits from the initial investment capital.

Profits are not reinvested and are instantly released to your exchange wallet as soon as they are generated.

Prerequisites: In order to use Grid Bots on 3commas, you can have any available subscription plan. Grid Bots support many exchanges, which you can check in this article.

Note: This guide does not cover creating Grid Bots with leverage, although may work with low leverage, eg: x2 or x3.

What Strategy does a Grid Bot use?

Bots need “strategies” or rules to tell them how to trade.

Grid Bots use a grid trading strategy that appears to have originated from the Forex markets. Essentially the strategy creates a series of buy and sell horizontal levels and the bot accumulates profit as price moves and “bounces around” within the grid.

How does the Grid Bot Strategy work?

(Video) Full GRID bot review Tips and Tricks

The strategy is really very simple, you specify the upper and lower price limits of the grid and also the number of grid levels. Grid Bot will then work out the span of the grid by deducting the lower grid price level from the upper grid price level, it then divides this figure by the amount of grid levels specified, which becomes the grid width.

The Grid Bot will then create grid lines starting from the lower grid level and adds a new level, using the grid width, to space them out until it reaches the upper grid level.

Grid Bots: An Introduction to AI Grid Bots (1)

Grid Bot options

Let’s explore the Grid Bot options and user interface.

First, let’s switch into ‘Paper Trading’ - there is no sense risking real funds when we can test without any risk!

Grid Bots: An Introduction to AI Grid Bots (2)

Head to the Main menu, and click ‘GRID Bots’:

Grid Bots: An Introduction to AI Grid Bots (3)

Grid Bots: An Introduction to AI Grid Bots (4)

  1. Choose the ‘Exchange’ account you wish to create this Grid Bot for, and also the ‘Market’ (this is the currency you will use to initially fund the bot with and receive profit in) and finally, the cryptocurrency ‘Pair’ you wish to trade

    (Video) Pionex Crypto Trading Bot | My Results & Step By Step Tutorial 2023💰

  2. These are the controls where you can specify ‘AI’ or ‘Manual’ Grid Bot mode.
    For ‘AI’ mode, the grid spacing and upper and lower levels are calculated automatically; you simply specify the amount of funds you wish to trade with. There are shortcut buttons that represent 10%, 25%, 50%, 75% and 100% of available funds.
    For ‘Manual’ mode, you can specify the upper and lower grid level limits and also the number of grid levels, which adjusts the grid spacing and profit per trade.

  3. The chart display allows you to preview the cryptocurrency coin pair chart, and also the grid levels suggested by the ‘AI’ mode or those that you manually configured.
    You can adjust the time frame at the top left corner of the chart window.

Please note, no strategy is “fool-proof” and trading cryptocurrency pairs does involve risk.

Creating your first “AI” Grid Bot

Ok, now you are in the Paper Trading account, let’s create a simple Grid Bot with the “AI” mode to handle the settings for you!

Grid Bots: An Introduction to AI Grid Bots (5)

  1. Choose your currency pair, note that in the example, the chart time frame is set to '1 Day' (3) - we have BTC/USDT selected here, we will trade a USDT investment against BTC to create USDT profits.

  2. Currency pair information display.

  3. Chart time frame choice.

  4. Visualization of grid levels using the currently chosen settings - “AI” mode handles all of this for you, you can see that BTC has been trading in a range for the last several days.

  5. Grid Bot settings panel, “AI” strategy is selection, the ‘Amount; displays your funds available, click this to get it to refresh with your latest balance.
    Choose the amount of funds you wish to invest in total for this bot.
    Click “Create” to complete the bot configurations and create the bot, you’ll see a pop-up message stating: “Success!” - if there are any errors with the bot setting, you’ll get a message telling you what is wrong and what you’ll need to change.

    (Video) AI Crypto Trading Bots For Beginners - Pionex Tutorial

  6. For a Grid Bot to work, it must start with both currencies. If you only hold USDT at this point, the Grid Bot will offer to purchase these coins now with a Market Order at current chart price. It will need BTC for each ‘sell’ grid level above current chart price. You can choose to accept this, or choose to buy these coins yourself with a Smart Trade and return to start the bot once the coins have been purchased or transferred to the exchange account if you hold them on a hardware wallet or other exchange account - this is what this message will look like:

Grid Bots: An Introduction to AI Grid Bots (6)

Congratulations! You have created your first Grid Bot!

How does AI Strategy work?

We have improved our AI strategy to provide Grid bots with reliable conservative settings for selected trading pairs.

The AI will automatically set the upper and lower grid for selected trading pairs and fill the Grid bot with the maximum recommended orders within the range according to exchange account trading rules.

Please note that sometimes AI cannot suggest settings favorable for trading on selected pairs. Instead, the Grid bot will let you know. You can still trade these pairs in Manual Strategy mode at your own risk.

Grid Bot Management and Statistics

Fortunately, Grid Bots require little management when operating over a wide range, here is a breakdown of the Grid Bot progress indicator:

Grid Bots: An Introduction to AI Grid Bots (7)

  1. Pair being traded, click here to view a chart of the cryptocurrency used with this Grid Bot and indicators when trades were made - please note, some charts are not provided by the exchange so unfortunately aren’t visible (FTX.US and Binance.US, for example - you can log into the exchange to view the status and order history).

  2. Current investment in bot, displayed for both currencies being traded.

  3. GROSS Profit generated by the Grid Bot deal, this excludes exchange fees.

    (Video) Maximize Profits with Pionex Grid Trading Bots

  4. Grid Bot controls, Refresh the Grid Bot, Share a link to a friend to your settings, Stop (pause) the Grid Bot and delete the Grid Bot.

  5. Status display selection, change between live view of current chart price or weekly/monthly views of previous trades.

  6. Status display, shows current chart price and the neighbouring 2 buy and sell grid levels. The status of “wait” indicates the last “buy” level, a Grid Bot wouldn’t be any good if it kept buying and selling at the same price, so this is why it becomes “wait”.

  7. Recent Grid Bot transaction log - this holds a limited history of recent trades.

Do Grid Bots work?

You be the judge! This Grid Bot was created in March 2020 and stopped when price left the top of the grid for the 3rd time towards the end of May 2020:

Grid Bots: An Introduction to AI Grid Bots (8)

Grid Bots: An Introduction to AI Grid Bots (9)

You may notice a dark red and green triangle on the candle body (1) - this indicates that a buy (green) or sell (red) trade occurred on this candle.

Also, below the candles at the bottom of the chart (2), you can see a (B) for Buy or (S) for a Sell.

As this bot is stopped, all the grid levels are set to “waiting”.

(Video) Absolute Beginner's Guide to Crypto Grid Trading Bots

If you have any questions about Grid Bots, please check out our GRID Bots: Frequently Asked Questions (FAQ)!


Do Grid bots make money? ›

Grid trading takes place in both spot and futures crypto trading. Spot grid trading bots generate profits only on capital deployed since they use spot wallet funds and insufficient funds will automatically stop the trade. This makes spot trading relatively safer since the trade is solely with one's own money.

Which is better DCA or Grid bot? ›

A Grid bot works best when any particular pair is in a range with no clear up or down trend. A DCA bot reduces the impact of market volatility and maintains a cost price similar to the market average. A Grid bot allows you to profit from market fluctuations without having to hold a lot of coins.

Which grid bot is best? ›

Binance Grid Trading Bot

While using grid trading bots for futures trading can be convenient and effective, it's also risky, since your funds could potentially be liquidated. As such, the Binance futures grid trading bot is best used by experienced traders.

What is the most profitable bot in Pionex? ›

Grid trading bot is one of the most popular trading strategies on Pionex exchange, because Trading Bot helps users make about ten million USD profits in 2019.

Can grid bot lose money? ›

This scenario will happen when the current price is lower than your bot's average holding cost. While negative unrealized profit is greater than the grid profit, your total profit will therefore become negative. In this case, you will suffer some loss of your initial investment when you close the bot.

What are the dangers of bots? ›

While malware bots create problems and issues for organizations, the dangers for consumers include their potential for carrying out data and identity theft, keylogging sensitive information such as passwords, bank details and addresses, and phishing. Malicious bots can easily go unnoticed.

How long should you let a grid bot run? ›

You can let the grid bot run for years. However you will also want to make sure that the price of the pair is in between the upper and lower limit of the price.

Is grid trading profitable? ›

Grid Trading has been a commonly used strategy for a long time, and it is a well-developed, well-tested, well-established, and profitable approach. There are several examples of successful traders who have been using it for a long time at different marketplaces.

How do you use grid bots? ›

To start a grid-bot on most platforms, you'll select the coin-pair, price-range, choose the number of grid-levels in your range, and the coin quantity to buy/sell per level. The grid-bot handles everything from there, except for stopping the process.

Does grid bot trading work? ›

Using the grid trading strategy via bots essentially means you provide much-needed liquidity for the exchange. You increase the market liquidity of the exchange by placing buy and sell orders, which makes grid trading an excellent strategy for market making.

Do crypto bots actually work? ›

In many cases, they must still make investment decisions such as when to buy or sell. A crypto bot is not a get-rich-quick solution for an investor unwilling to put in the time and effort necessary for success. While bots can help execute orders, they are not a substitution for a solid investing strategy.

What is the most successful trading bot? ›

  • 1) Pionex – Best for Crypto Trading for Beginners and Advanced Users.
  • 2) Cryptohopper – Best for Copy trading investors and Fixed Fee Option.
  • 3) Bitsgap – Best for arbitrage across multiple crypto exchanges.
  • 4) HaasOnline – Best for Intermediate to Advanced Bot Traders.
  • 5) Trality – Best for building bots for selling.
6 days ago

Can crypto trading bots make you rich? ›

In general, experienced traders who have harnessed the skills can use crypto trading bots to generate huge profits. On the other hand, traders who make hasty trades and lack explicit knowledge of the market can incur losses using crypto trading bots.

Can a trading bot make you a millionaire? ›

As to the question of whether a cryptocurrency trading bot can make you a billionaire – yes, it can. Will it? The odds of becoming a billionaire by ANY means are 1 in 578,000.

How do bots make money? ›

Another way to make money from your bots is by getting paid for them through paid work platforms like Google Adsense or Facebook Ads. These platforms pay out small sums of money each time someone clicks on an ad that was created by a bot built with their platform.

What are the risks of grid trading? ›

The problem with the against-the-trend grid is that the risk is not controlled. The trader could end up accumulating a larger and larger losing position if the price keeps running in one direction instead of ranging.

What is the success rate of trading bot? ›

Some lower-risk crypto trading bots boast a 99% success rate, while others execute higher-risk strategies and have a lower success rate. The main thing most investors need to consider is whether the bot they're looking at can execute their specific investment strategy successfully.

How much can a trading bot make? ›

A lot depends on the size of your budget as well. If you have low amount of money, you are going to make less than the ones, who trade with thousands of dollars. On average you are going to make roughly $2000–3000 but once again these numbers are individual for every trader.

Is it illegal to have bots? ›

While using automated bots to buy goods online often violates the retailer's terms and conditions, there are currently no laws against using bots to buy sneakers or other retail goods. Purchasing and reselling tickets using bots became illegal in 2016 after the U.S. BOTS Act passed.

Why do people get bots? ›

They can be used to advance an array of nefarious efforts, including manipulating public opinion, distorting financial markets, interfering in elections and spreading phishing attacks. Bots have also been used to inflate the online popularity of certain individuals or harass others.

What are the signs that your computer is infected with a bot? ›

Signs your computer could be part of a botnet
  • Unexplained activity: You notice that your processor, hard drive, or computer fans are running excessively and without cause.
  • Slow Internet: Your Internet is slower than usual. ...
  • Slow reboots and shutdowns: Malicious software can cause a computer to shut down slowly.

What is profit rate per grid? ›

Profit per Grid (Profit/Grid)

Profit/Grid is the profit percentage after matching the Buy and Sell Orders on each Grid. Depending on the trading mode (Arithmetic or Geometric), you can calculate the Profit/Grid by the Grid's Upper Limit, the Grid's Lower Limit, the number of Grids, and the trading fees (c): 0.1%.

What is the difference between martingale bot and grid bot? ›

The biggest difference between the Martingale Bot and the Grid Trading bot is that Martingale bot will laddering buy and sell all at one time; while Grid Trading Bot will laddering buy and laddering sell.

Is Binance Grid bot profitable? ›

Grid trading is one of the latest features that Binance Futures has introduced to help you make the most out of the cryptocurrency market. It is designed to work autonomously under a few preset parameters, allowing you to profit even from small price fluctuations.

Has anyone become a millionaire from trading? ›

Answer: Yes, there are individuals who have become millionaires solely through stock trading. However, it is important to note that investing in the stock market carries inherent risks and there are no guarantees of success.

What is the best timeframe for grid trading? ›

The best time for grid trading is when there are tiny price fluctuations below 2-3% daily. If the price of crypto appreciates exponentially, the bots will take profit early. If the price depreciates fast, the stop losses will be triggered.

What is the most profitable trade ever? ›

#1 Jesse Livermore's shorting the Great Crash of 1929

After predicting the end of a period when US assets were booming in value, Livermore decided to short almost the entire stock market. That trade bagged him about $100 million, which is equivalent to over $1.4 billion today.

What is the best strategy for grid trading? ›

The principle behind a successful grid trading strategy with the trend is that if the market price consistently moves in one direction, your position to capitalize on it gets larger. As the price rises, the grid triggers more buy orders causing your position to grow.

How does the bots app work? ›

BOTS works with an ultra-transparent transaction fee: each bot uses just 0.2% of the bot's current value per transaction in order to get you the best possible return. A portion of this goes to the bot creator. On top of this, there is a small charge for the exchange on which trading takes place.

Are crypto bots risky? ›

In particular, Virtual Asset trading is subject to high market risk and price volatility. The price of a Virtual Asset may move up or down, and may become valueless. It is as likely that losses will be incurred rather than profit made as a result of buying and selling Virtual Assets.

Is it legal to use a bot to trade crypto? ›

Are Trading Bots Legal? Automated trading is a well-known and legal activity across most financial markets. Half of stock market trades in America are automated, and the process is 100% legal. Likewise, in most countries and on most cryptocurrency exchanges, there are no laws that prohibit using crypto trading bots.

How much profit can a crypto bot make? ›

How much can you make with a trading bot? On average you are going to make roughly $2000–3000 but once again these numbers are individual for every trader. Some think that if they start using crypto bots everything will be good but it does not always work that way.

What is the most profitable trading robot? ›

Top Forex Robots
  1. Forex Fury. Pros. • Proven long term performance • Verified live Myfxbook results • 93-100% Win rate accounts • No minimum account size. ...
  2. 1000pip Climber System. Pros. Strong long term performance. ...
  3. Coinrule. Pros. ...
  4. Forex Gump. Pros. ...
  5. ForexVPS. Pros. ...
  6. Centobot. Pros. ...
  7. Forex Trendy. Pros. ...
  8. EA Builder. Pros.
Feb 25, 2023

How much should I invest in trading bots? ›

How much do you need to start any crypto bot? There is a minimum amount which can be traded on each exchange, and it depends on the cryptocurrency exchange and the pair, an 11-dollar equivalent is usually enough for any pair.

Can you use bots on Coinbase? ›

Coinbase Pro doesn't offer any bot solutions but allows them to connect to the exchange. By connecting Coinbase Pro to Bitsgap, you can use both GRID and DCA trading bots to trade on the exchange. For example, if you want to profit from any particular coin's sideways drift, you may use Bitsgap's GRID bot.

Can you make millions in crypto? ›


There are no guarantees that you'll become a millionaire, but if you invest in the right places and hold those investments for the long term, it's still possible to see significant returns.

Can you become a millionaire from crypto? ›

Many people have become crypto millionaires because they've, well, bought low and sold high. But there are also various kinds of crypto millionaires, the crypto entrepreneurs who have the necessary business acumen to create world-changing solutions.

Do people make a living trading crypto? ›

Yes, you can make money with cryptocurrency. Given the inherent volatility of crypto assets, most involve a high degree of risk while others require domain knowledge or expertise. Trading cryptocurrencies is one of the answers to how to make money with cryptocurrency.

What is a flashbot? ›

Flashbots is a research and development organization working on mitigating the negative externalities of Maximal Extractable Value (MEV) and avoiding the existential risks MEV could cause to stateful blockchains like Ethereum.

What are the benefits of trading bots? ›

They can also trade 24/7, which can help you take advantage of market opportunities as soon as they arise. This lets you take a step back from constantly monitoring the market. Quick Response: Crypto trading bots can place orders faster than you can, which can help you take advantage of market fluctuations.

How much does it cost to own a bot? ›

With any chatbot builder, you can start with your basic chatbot for as low as $50-60/month (single bot). The pricing can go above $100/month when you need to deploy multiple bots for multiple domains. Many chatbot software even offers an enterprise plan to offer more customization and security features.

Are investing bots illegal? ›

Are Trading Bots Legal? Yes, it's legal to use trading bots. Although some people do have their objections to how automated trading impacts the markets, there are no rules or laws in place that keep retail traders from using trading bots.

How much does it cost to run a bot? ›

How much does a chatbot cost? Please, give me a simple answer.
In-House Chatbot CostsAgency Chatbot Fees
Chatbot Software Platform$50-$500/month$50-$500/month
Chatbot Setup and DevelopmentSalaries (5-100 hours of work)$500-$2,500
Ongoing chatbot support and maintenanceSalaries (0-10 hours of work per week)$50-$5000/month

Is grid trading strategy profitable? ›

Ultimately, the strategy is most profitable if the price runs in a sustained direction. The price oscillating back and forth typically doesn't produce good results. In oscillating or ranging markets, against-the-trend grid trading tends to be more effective.

Are grid bots more profitable than DCA bots? ›

DCA bot places one take-profit for all orders. Grid bot places take-profits for every order separately. DCA bot reduces the risk of purchasing high by investing at consistent intervals. Grid bot works best when any particular pair is in a range with no clear up or down trend in a longer period or a sideways market.

Can you make money with bots? ›

Another way to make money from your bots is by getting paid for them through paid work platforms like Google Adsense or Facebook Ads. These platforms pay out small sums of money each time someone clicks on an ad that was created by a bot built with their platform.

When should I stop grid trading bots? ›

If you feel the cryptocurrency being traded is likely to suffer a further drop in price, then you may wish to stop the Grid Bot and create a Smart Cover trade to sell the cryptocurrency at the current chart price and buy it back lower, when it has found a bottom, before creating a new Grid Bot with a different range to ...

How do you set up a grid for trading bots? ›

How to set up a grid bot? You have to specify an access point, a trading pair, volume of the first and extra order, take profit percentage and step of extra order. Max Order Price field is optional. Max Order Price - you set the maximum price for bit to enter the position.

Do crypto arbitrage bots make money? ›

Answer: Yes, it is profitable depending on the performance of the cryptocurrency arbitrage bot and the trading strategies it is employing. Profitability also depends on market factors like volatility, demand, supply, and others.

Is grid trading worth it? ›

A grid trading strategy is easily automated, and valuable for forex currency trading and crypto trading. It's especially useful when prices move within a specific range or a “sideways market,” where assets fluctuate within a tight range for an extended time without going in a particular direction.

How much money can you make with a trading bot? ›

A lot depends on the size of your budget as well. If you have low amount of money, you are going to make less than the ones, who trade with thousands of dollars. On average you are going to make roughly $2000–3000 but once again these numbers are individual for every trader.

Is grid trading safe? ›

All trading strategies have risks, and even though Grid Trading is one of the low-risk strategies, you need to know them while using a GRID Bot. If the price goes down and never comes back up, which (especially on small market cap coins) is more often than you would think.


1. 100 Percent success Grid Trading Explained. Trade with no charts. Market direction is not important.
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