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

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