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.
Read moreWhat is the difference between long and short in Binance?
In a long trade, you purchase an asset and wait to sell when the price goes up . “Buy” and “long” are used interchangeably. When you’re in a short trade, you borrow an asset, sell it, and hope to buy it back when the price goes down.
Read moreWhat is gate IO grid trading?
Gate.io AI smart grid trading is based on the last 7 days of historical data for backtesting, and automatically calculates the highest yield grid parameters (upper limit price, lower limit price, number of grids) .
Read moreHow does Grid trading make money?
The grid can be created to profit from trends or ranges . To profit from trends, place buy orders at intervals above the set price, and sell orders below the set price. To profit from ranges, place buy orders at intervals below the set price, and sell orders above the set price.
Read moreHow does Binance grid trading work?
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.
Read moreWhich Crypto is best for grid trading?
5 Best Crypto Grid Trading Bots
Read moreWhat is long and short in Binance?
Long Account % = Accounts of top traders with net long positions / Total accounts of top traders with open positions. Short Account % = Accounts of top traders with net short positions / Total accounts of top traders with open positions.
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