Gainium Logo

Imagine this: you're setting up your bot for a trading spree. You've got everything dialed in—the strategy, the asset, the zeal. But then comes the buzzkill: the trading fees. They're like that one pebble in your shoe on a long hike—small but oh-so-irritating. That's where the "Fee Order" feature comes into play.

At its core, the "Fee Order" feature is about a preemptive strike. It's like buying a bulk pack of tickets for a series of shows you know you'll attend rather than buying a single ticket each time and paying a service fee every time. When you initiate a deal with combo and grid bots, this feature smartly purchases additional assets immediately. These assets are earmarked exclusively for fees.

Why does this matter? Let's break it down. Typically, without this feature, every buy order your bot makes includes a little extra to cover transaction fees. It's like tipping at a cafe, but it's not optional and doesn't make the barista smile. Over time, these tiny additions can accumulate into what's known as "asset dust." It's the digital equivalent of pocket lint, but less useful and more annoying. You end up with fragments of assets that are too small to trade but clutter your portfolio.

The "Fee Order" feature outsmarts this system. By setting aside assets for fees right from the get-go, your bot can operate without the need to tack on extra with every transaction. This means cleaner, more efficient trades and a portfolio that doesn't look like it needs a spring cleaning. Plus, this approach helps keep your trading strategy sharp and focused, without the drag of accumulating dust.

So, next time you set up your bot, give a nod to the "Fee Order" feature. It's your secret weapon against the pesky side effects of trading, ensuring that your focus remains on strategy and performance, not on sweeping up digital dust.

combo-fee-order.png

Free Profit-Generating Bots

Table of contents

Skyrocket your profits with the most advanced trading bots in the market

Gainium logo

Gainium - Empower Your Crypto Trading: Research, Deploy, Analyze | Product Hunt

Gainium Pte. Ltd.
68 Circular Rd. #02-01 Singapore (049422)

Community

All rights reserved. Copyright © 2024.

Gainium is a publisher of financial information, not an investment adviser. We do not provide personalized or individualized investment advice. Cryptocurrencies are volatile investments and carry significant risk including the risk of permanent and total loss. Past performance is not indicative of future results. Figures and charts are correct at the time of writing or as otherwise specified. Live-tested strategies are not recommendations. Consult your financial adviser before making financial decisions.