FAQ

Does Bot charge trading fees like CEXs do?
Cell currently integrates with Mango Market with Serum on the pipeline. Neither CLOB DEXs charge fees for bid/ask limit orders.
In fact, if the bot is running on protocols like Mango Market, you will be receiving MNGO as market making rewards. 
What happens when Bot is out of range?
If the bot is out of range, no more positions will be opened.
For a BTC Long bot, assuming the price range is set to be $40,000 ~ $50,000
if the market price moves up to $51,000, the bot will sell all your BTC and get a full bag of USDC, so you are forced to sell high and take profit
if the market price moves down to $39,000, the bot will buy low and the rest of the USDC will be used to purchase BTC.
For a Short bot, it's basically the opposite of it.
For a Neutral bot, you will be holding roughly half of the total investment in short/long positions.
What are the differences between Long, Short, and Neutral strategies?
Long: the bot starts with long position and then executes grid buy and sell trades, ideal for trending and volatile bull markets 
Short: the bot starts with short position and then executes grid buy and sell trades, ideal for trending and volatile bear markets 
Neutral: the bot starts with no position and then executes grid buy and sell trades, ideal for range-bound markets without clear directions
Enhanced Neutral: similar to neutral bot but clears any long or short position every 6 hours, ideal for volatile markets without clear directions
What’s the impact of order size on slippage？
This really depends on the liquidity depth of the market. We recommend checking mangolorians, an analytic site for checking buy/sell slippage before you create your bot.
What’s the difference between Grid Profit and Total Profit?
Grid profit combines the strategy profit by "buying low and selling high" with the market making rewards is applicable. Total profit is Grid Profit + Position Profit, where Position Profit comes from price moving up or down.
Check our Profits page for more details.
Upon closing, how long does it take to withdraw?
Depending on the Solana network conditions, it could take a few moments or longer. Please try a few times with patience.
Wen token?
We don't have a set-stone date on a token release yet. However, we will be sure to keep everyone posted as soon as we finalize any details.

Last modified 1yr ago