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.
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