In this scenario, as the price of Bitcoin falls towards $55,000, the grid trading bot will accumulate buy positions on the way down at a lower price than the market. As prices recover, the bot will sell on the way up at a higher price than the market. This strategy essentially attempts to profit from price reversions.
Read moreHow do you set up a Binance grid bot?
After logging in, go to the USDⓈ-M Futures trading interface and click [Grid Trading]. If you’re using Binance App, tap [Futures] – [USDⓈ-M Futures] – [Grid Trading]. 2. Select a symbol to execute the strategy and set the grid parameters.23 Ara 2020
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