Gunbot supports automated trading on Binance, including spot, USDT and Coin-M futures, and leveraged tokens.
Supported Markets for Gunbot on Binance
Spot Trading
Gunbot supports automated spot trading on Binance, letting you run strategies based on market conditions.
USDT Futures
Gunbot operates in Binance’s USDT futures market for leveraged trading and short- or long-term strategies.
Coin-M Futures
Gunbot supports Coin-M futures for traders who want additional diversification or hedging options.
Leveraged Tokens
Gunbot supports Binance’s leveraged tokens for amplified exposure without using futures contracts.
API Stability with Binance
Gunbot is known for reliable API connectivity on Binance, reducing the risk of missed trades due to connection issues.
How Gunbot Manages Positions in Binance’s Futures Market
Gunbot uses a single-direction position system in Binance futures. Each market can have only one active position (long or short). To switch direction, the current position must be closed before opening a new one.
How Does Gunbot Work on Binance?
Gunbot trades automatically based on your configured strategies. After connecting with an API key, it monitors markets and executes orders using features like basic buy/sell, trailing stops, grid trading, and stepgrid.
Gunbot supports strategies from simple (Gain, TSSL) to advanced, customizable options. You can also use indicators like EMA, RSI, and MACD to refine entries and exits.
For more information on setting up Gunbot as a Binance trading bot, including strategy options and API configuration, refer to the Gunbot documentation and support resources.
Custom Strategies with Gunbot
Gunbot’s built-in editor lets advanced users develop custom strategies. You can build specific rules for entries and exits, such as combining EMA and RSI to trade only under defined conditions.