To catch a falling knife

UniDexBot
1 min readMar 17, 2022

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One of the features UniDexBot is that you do not need to have tokens on your balance to place an order. The balance will be checked only when the token reaches the desired price and, if funds are available, the order will be executed. This allows you, having a limited amount of tokens, to put up many orders at the same time in the hope of catching someone’s big sale or purchase.

For example, you have only $1,000. But you can place an order to buy ETH when it falls by 20%, BTC when it falls by 30%, UNI when it falls by 50%, and so on, dozens of orders. The token whose price is the first to reach the desired price and will be bought first.

How to start trading quickly with UniDexBot you can be read here: https://unidexbot.medium.com/fast-start-unidexbot-7ae452b0a236

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