Grid trading is a quantitative trading strategy that automatically buys and sells digital currencies within a preset price range to establish a trading grid. These trading grids help investors make money by implementing buy low and sell high orders during price adjustment periods.
In addition, the futures grid trading system guarantees a profit every time the selling price exceeds the buying price, so there is no need to predict the market. Additionally, it allows investors to use leverage to maximize their profits.
Referring to this new initiative, Elvisco Carrington, Director of Global Communications and PR at BingX, said:
This quarter, some of BingX's strategic priorities are to provide customers and investors with a better trading environment and new profitability tools. Considering the current market conditions, we have also further simplified the trading process, allowing them to pick new trading strategies to profit.
Compared with other platforms, BingX, the team said, BingX brings customers more flexible space by lowering the minimum investment. Traders can try to use 20 yuan USDT for futures grid trading to see how this is automatically arbitraged. In order to limit the loss of safe positions, they can also preset stop loss points.
Additionally, FuturesGridTrading will be available in BingX app and desktop. It frees investors from having to watch the markets all day by making strategic, informed, rational trading decisions on their behalf.
In addition, BingX will soon launch a campaign to cover the losses of all investors in the first futures grid trading. This is also to incentivize investors to use smart tools to make money.
It is worth noting that security is a key issue for BingX. The team declared that his goal is to protect users' assets in the bear market trend in the second quarter of 2022. They also made it clear that they would not under any circumstances hedge their clients' risk capital.
