To create a spot Grid bot, go to Grid bots and navigate to +Create Grid bot

Basic settings

1. Access Point Choose the access point of the exchange you would like to create your bot with

1. Strategy Choose long or short strategy to run with a bot

1. Pair In this bot, first currency is the one you buy, second one is the one used for purchase and is also the currency you get your profit in. So if your pair is BTC-USDT you will buy BTC with USDT on your balance

1. Take profit The profit you want to make when selling the coins you bought (set in %)

1. Step of extra order (%) This indicates by what percent should the price drop for the extra order to be executed

1. Max count of extra orders Maximum number of extra orders the bot can execute in a row. Multiply this number by volume of extra orders and add first order volume, and you will get total sum the bot can invest in buying the coin

1. Order volume Number of coins the bot will buy at the start. The amount is set in quote currency (second currency of the pair)

Advanced settings

Strategy management

1. Stop loss A stop-loss order is an order placed to close bot’s position when a coin reaches a certain price. Stop-loss orders are designed to limit an investor’s loss on a position in a coin. Stop-loss is set in percentage distance from the first order of your bot