What is grid in Binance?

Grid trading is when orders are placed above and below a set price, creating a grid of orders at incrementally increasing and decreasing prices . In this way, it constructs a trading grid. Binance Spot Grid Trading performs the best in volatile markets when prices fluctuate within a specific range.5 Oca 2022

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How does grid strategy work?

Grid trading is an automated currency trading strategy where an investor creates a so-called “price grid”. The basic idea of the strategy is to repeatedly buy at the pre-specified price and then wait for the price to rise above that level and then sell the position (and vice versa with shorting and covering).

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How does a grid trading bot work?

This trading bot automates buying and selling on spot trading . It is designed to place orders in the market at preset intervals within a configured price range. Grid trading is when orders are placed above and below a set price, creating a grid of orders at incrementally increasing and decreasing prices.5 Oca 2022

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