Prerequisites
BUSD/USDT
Currently, BravoBot supports BUSD on Binance or USDT on KuCoin as the currency that will be used to enter positions, calculate profit/loss, etc. So if you wish to use BravoBot for trading, make sure you have at least 50 BUSD/USDT in your SPOT wallet.
Grid
For the Grid Trading Strategy to work you will need to have at least 15 BUSDBUSD/USDT per grid level you wish to use. So make sure you have enough or decrease the number of levels. More on this later.
BNBBNB/KCS for Fees
Note: BinanceExchanges chargescharge a fee of 0.1% each time a trade is made. The fee is always taken out of the trade leading to “dust” (fractions of coins). To negate this the user must have at least 10 BUSDBUSD/USDT worth of BNBBNB/KCS in their SPOT wallet, to pay for the fees. BinanceThe exchanges instead will take the fee from their BNBBNB/USDT at a 25% discounted rate.
The user must manually enable this option on their BinanceBinance/KuCoin dashboard. This is found in the bottom right of the dashboard.
This is required for BravoBot to operate.