Singapore, October 11, 2022 /PRNewswire/ — BingX, the world’s leading social trading cryptocurrency exchange, has launched a cryptocurrency spot trading platform with the aim of enabling more users to benefit from volatile markets through technological innovation. introduced the Infinity Grid.
BingX introduces Infinity Grid robot for automated crypto trading after zero-fee policy
Whereas spot grids place orders at fixed price intervals, spot infinity grids place orders at preset percentage intervals with no maximum price limit (hence the name). As a premium strategy derived from Spot Grid, Infinity Grid is designed to avoid “missing out” in trending markets when cryptocurrency prices soar. With an infinite grid, traders don’t have to worry about the price going over the upper limit when the market becomes bullish. Every time the Infinity Grid sells higher, it sells out valuations above the coin’s initial value. The total amount of assets keeps the initial value equivalent to the infinite grid “buy low, sell high” 7*24.
There are two methods of BingX Grid trading: ‘automatic’ or ‘manual’. Users can automatically trade infinite grids using recommended parameters based on historical data analysis or preset parameters. The investment amount can be lowered to his 1% of the coin’s current market price, allowing more traders to participate in strategic trading.
Infinity Grid can lead to high frequency trading in turbulent market conditions. Combined with BingX’s recent ZERO-FEE POLICY, traders can maximize profits with the right trading strategy.
Elvisco Carrington, Director of PR and Communications at BingX, said: “It keeps investment constant and allows users to make profits in a sustainable way. We hope that this will bring more choices to users. Infinite Grid’s copy trading service will: Updates will be available soon, and BingX continues to explore new solutions to create a better user experience.”
About BingX
Founded in 2018, BingX is a cryptocurrency social exchange that provides woo usdt, unfi usdt, tvk usdt, trb usdt spot and derivatives trading services to over 100 countries worldwide and has over 5 million users. . BingX connects users with expert traders and the platform in a safe, simple and transparent way.
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SourceBingX