# FAQ for Grid Trading Bot

## **INTRO OF THE BOT**
### 1. How can I setup a perfect Grid Trading Bot? Are there any tutorials?
We have made some tutorials as following:
* Video - How to use Grid Trading Bot in BitUniverse: https://youtu.be/NsEX3qHg39A
* Check out tutorial for Grid Trading Bot on Medium: https://goo.gl/EFh6aJ

### 2. How can I check out the parameters that other users set for their Grid Trading Bot?
Currently, you can’t see that in the app. We encourage everyone to discuss and share the setting on our Reddit. The wisdom of the masses is inexhaustible. Here’s the link to Reddit: https://www.reddit.com/r/BitUniverse/

### 3. What will happen when the price across the boundary of the bot?
* If the price break through the highest price of the bot, all BTC will be sold and you’ll stake USDT. The bot will remain at the same range and waiting for the price drop back to the range.
* If the price drop through the lowest price of the bot, all of the buy orders for BTC will be fully executed. The bot will remain at the same range and waiting for the price rise back to the range.

### 4. When is the best moment for me to create a Grid Trading Bot?
Grid Trading Bot is the best weapon in the swinging market. When the price keeps fluctuated in the same range, that’s the moment to create a Grid Trading Bot.

### 5. Does Grid Trading Bot fit all the market condition?
No. When the price keep tanking or pumping, that’s the worst moment to use the Grid Trading Bot.

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## **BOT SETUP**

### 1. How do I calculate my profit from the Grid Trading Bot?
Currently, we do not include the trading fee cost from exchanges. Before create you Grid Trading Bot, you should aware of the trading fee from the exchange. Binance take you 0.1% per trade and varies from your level in Binance and BNB. (Details: https://support.binance.com/hc/en-us/articles/115000429332-Fee-Structure-on-Binance)

### 2. Why does my Grid Trading Bot keep canceled by itself?
Insufficient fund: the parameters for your bot need more fund. Check the available balance and required balance after you fill in the parameters. Insufficient fund will occur when:
1. When you create the bot, the required balance is more than your available balance.
2. When the bot start to re-allocate your fund, sometimes it will result in insufficient fund error and cancel the bot. The buy and sell order might be slightly different from the market price, which we calculate the balance according from the market price. If the required balance and available balance is too close, it will result in this error.
3. If you didn’t use BNB to cover the trading fee, each trade will consume your coin/token which might result in insufficient fund.
### 3. How does the number of grid affect my profit?
* When you have more grids in a limited range, you’ll have higher possibility to executed your orders but less profit per grid.
* When you have less grids in a limited range, you’ll have lower possibility to executed your orders but more profit per grid.