The Spot Grid Trading Bot on WhiteBIT is an automated trading tool that helps you profit from market volatility with minimal effort. It works by placing a grid of buy and sell orders at preset price intervals within a defined range, effectively buying low and selling high as the market oscillates. This strategy is ideal for sideways or range-bound markets – the bot continuously executes small trades to capitalize on every price fluctuation.
By automating this process, the Grid bot saves you time, removes emotional trading decisions, and makes it easier for beginners to deploy advanced trading strategies.
The Spot Grid Bot interface provides an overview of the strategy and quick-start templates for popular trading pairs. In this example, the user can create a new bot or use AI-generated presets (with estimated ROI) for BTC/USDT and ETH/USDT. The “My Bots” section will list your active bots once created.
Key Features and Benefits:
Simple or Advanced Setup: You can configure the Spot Grid bot in two ways – either using an AI Strategy mode for a quick setup or Manual mode for full control. In AI mode, you only need to choose a risk level (e.g. Conservative, Balanced, Aggressive) and whether to reinvest profits, and the system will automatically set an optimal price range, grid spacing, and other parameters. This mode is perfect for novices, as it even provides an estimated potential ROI (return on investment) and timeframe based on historical data.
In Manual mode, experienced users can customize all parameters: define the lower and upper price range for trading, the number of grid levels (orders), as well as optional safety measures like stop-loss and take-profit triggers. Manual configuration lets you tailor the bot’s strategy to your own market outlook and risk tolerance.
Flexible Investment Options: When setting up the bot, you can specify exactly how much to invest. The interface will show the minimum required amount for your chosen settings and how much of your balance is available, helping you adjust the investment accordingly. Before launching the bot, you’ll see a clear preview of all the bot’s parameters and an estimated performance (in AI mode) so you know what to expect. If your balance is insufficient, a convenient deposit link is provided so you can top up funds without leaving the setup page. This ensures that you deploy the bot with the right amount of capital for the strategy.
Real-Time Monitoring and Control: Once running, the Grid bot actively manages your orders 24/7, and you can monitor its status in real time. The dashboard shows key metrics like total bot assets, current profit/loss (P&L), and each executed order in the grid. You can view details of active buy/sell orders and a log of completed trades for full transparency. If market conditions change, you have the ability to modify certain parameters even after the bot has started – for example, adjusting the price range or number of grids for an active bot. You can pause or stop the bot at any time with a single click. When stopped, the bot will cancel remaining orders, and you can easily convert any held assets back to your base currency, effectively “locking in” any profits made.
Notifications and Smart Insights: The platform will send you notifications about important events, such as when a portion of the grid is executed or when your bot’s profit target is reached. These alerts help you stay informed of the bot’s performance without constant monitoring. Additionally, the system provides smart suggestions and insights. The combination of automation plus insightful alerts ensures you maintain control and can intervene or optimize settings at the right moments.
Using the Spot Grid Trading Bot, traders of all experience levels can earn passive income by systematically executing a proven “buy low, sell high” strategy. Beginners benefit from the one-click AI presets and risk management, while experts can fine-tune settings to fit their strategy. The bot’s transparent operation (with all orders and performance visible) and the ability to adjust or stop at any time give you both confidence and control. Overall, the Spot Grid bot combines automation with flexibility, allowing you to profit from even small market swings without constant manual trading.
Support
In case of any questions related to the functionality of our exchange, you can:
- Leave a request on our website;
- Write to the support email: support@whitebit.com;
- Write to the chat using the button
in the lower right corner of the screen (in the upper right corner of the WhiteBIT app, click
).