What is Grid trading 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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Is grid trading profitable crypto?

Reliable Crypto Trading Strategy The thing about grid trading is that it has been around for a long time, and as a result it is very well established, profitable, and well tested . There are a number of examples of successful traders that have used it for decades in a number of different marketplaces.

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How does Binance grid trade work?

Binance Spot Grid Trading uses normal grids. Orders are placed from the top grid to the bottom grid. When a buy order is filled, a sell order will be placed on the grid above it . As the upper price is set at 60,000 BUSD, the grid strategy will begin by placing a buy order at 56,000 BUSD.5 Oca 2022

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