Video showing Kucoin automatically placing competitive bids right above desired price points.


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4 Comments

  1. stockstar1138 on 22. May 2018 at 14:05

    this type of activity is common across all markets (stocks, futures, options, etc) and exchanges. this is not kucoin trying to manipulate a market, it is an algo wanting to position themselves on the inside quote. nothing wrong with making a tighter market.

    if you want to be the best bid or offer, make an algo that improves the price from theirs.

     


  2. redyar on 22. May 2018 at 14:05

    I trade with a script that adjusts the price automatically and I am not alone.

     


  3. vestelar on 22. May 2018 at 14:05

    It’s a bot and happens in almost every exchange. I did it Binance putting my order in first place and the bot put a order with 1 sat difference 15 times. Sadly that I don’t have a video to show it.

     


  4. Pionwave on 22. May 2018 at 14:05

    It’s a scalping bot, you can’t swing trade and beat bots – you are not fast enough