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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What is a crypto grid bot?

Grid trading bots are a simple strategy when it comes to crypto trading, and it involves buying low and selling high . These bots place buy and sell orders based on a specific lower and upper and if the assets price jumps below the specified limit, it isn’t going to execute anymore buy orders.15 Mar 2022

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