What it does: This bot rebalances (auto) your crypto portfolio based on your target asset allocation strategy.

When to use: It is used when you hold multiple cryptocurrencies and want to maintain a balanced allocation without manually adjusting your holdings. It’s useful for long-term investors managing a diversified portfolio.

How to use:

Select Smart Portfolio Bot from Bitget’s Trading Bots menu.

Choose your assets (e.g., BTC, ETH, USDT).

Set allocation percentages (e.g., 40% BTC, 30% ETH, 20% USDT).

Choose rebalancing frequency (daily, weekly, monthly). You can even choose to rebalance proportionally, based on asset performance, if timed rebalancing isn’t your thing. 

Click Start, and the bot will adjust your portfolio automatically. Always enable the asset auto transfer option if you do not want to miss out on the trading or rebalancing opportunities. 

Futures Signal bot

What it does: It executes trades based on external trading signals from professional traders, algorithms, or analytics tools. At the moment, Futures Signal bot is the one present, which automates trades in the futures market by executing orders based on custom trading signals from TradingView scripts, professional traders, or algorithmic strategies. 

When to use: If you don't have the time to learn quality trading strategies, then use the Signal Bot to copy high-quality trading strategies from others without actively making decisions. Best for traders who trust external signals or want to follow experts.

How to use: (This bot requires multiple steps and therefore needs your complete attention)

Create a new signal on your preferred exchange.

1.Go to the Trading Bots section of the exchange and select Futures Signal Bot.

2.Click on Create New Signal and enter the 

following details: (let's use this hypothetical example)👇👇

💥Signal name: ETH Scalper 5-Minute

💥Signal description: A high-frequency scalping strategy that opens trades based on five-minute candle breakouts. 

3.Click Confirm to create the signal.

4. Set up alerts and webooks on trading view

5.Click Create Alert to start sending signals from TradingView to your exchange

6. Link the signal to the futures signal not on the exchange and you are good to go..

Note, setting up alerts and webooks on trading view would require a bit of coding, but I don't want to sound too techy here, you can use ChatGpt and the likes to easily do that.

Futures Quant Trading bot:

What it does: This bot principle is based on quantitative trading strategies. These strategies are meant for high-frequency trading in the futures market that involves executing multiple trades rapidly to capitalize on price inefficiencies.

When to use: Use the Futures Quant Trading Bot when trading in a volatile futures market, where rapid fluctuations allow for scalping and arbitrage opportunities. Best for traders comfortable with leverage and quick trade execution.

How to use:

Select Futures Quant Trading Bot in Bitget Trading Bots.

Choose a futures pair (e.g., ETH/USDT).

Set your trading strategy (e.g., Long, Short, or Neutral).

Define leverage levels (higher leverage increases profit potential but also risk).

Adjust risk management settings (stop-loss, liquidation buffer) using the trading view interface.

Click Start, and the AI trading bot will begin executing trades without you having to do anything. 

Let's wrap this up here, in our next and last episode, we are going to look at the reasons for using these bots and the possible risks you could run into.