GRID TRADING
Considering the new users of the Exchange and newbies in cryptocurrency, grid trading was introduced. Grid trading is a trading strategy that involves placing orders above and below a set price using a ‘price grid' of orders.
The Bibox grid trading strategy is made perfectly suitable for both newbies to trading and experts. There is a guideline on how to use the grid trading strategy and it also present its user with two strategy mode. These are;
- AI Recommended Strategy
- Customized Strategy.
AI recommended strategy; one-click order placement. AI will automatically fill in appropriate parameters based on historical 7-day data. The user only needs to select a trading pair and drag "input assets". Then, a trading strategy will be automatically generated.
AI Recommended Strategy: This strategy does not need the user to set up the trading assets but the AI automatically fills in the appropriate parameters.
Customized strategies: set parameters and generate trading strategies.
Click "Customized Strategy", select a trading pair and enter the lowest price, highest price, and price interval, drag "Invest assets", and click "Set up" to run grid trading immediately.
Customized Strategy: This depends solely on the user because the user has to fill in and set up the trading parameters to the users taste.
Risk Warning
- Grid trading is only a trading assistance tool and does not constitute any investment endorsement or return promise.
- Cryptocurrency investments are highly risky. Please make investment wisely according to your risk tolerance.
To enjoy this feature and many more, sign up on the Bibox Exchange today using the official website.
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