Grid trading, the perfect tool for both novice and experienced traders in any market condition, now officially launched on the XREX USD-crypto exchange!
With Grid trading, forget spending long hours monitoring the market. Simply set your preferred parameters and let the intelligent Grid bot automatically trade for you 24x7x365. This means that you can relax and focus on other things and avoid the stress of constantly monitoring market fluctuations while letting the Grid bot take care of your trading strategy within a certain price range.
What is grid trading?
Whether it is a bull, bear, or sideways market, grid trading is an efficient and reliable strategy tool to help you make the most of your investments.
Grid trading uses a set of parameters to set price ranges and divides them into intervals, allowing you to buy and sell assets at the right time. This can be done automatically using a set of presets, or if you are a more advanced trader, input the value manually and program the bot to your liking.
How to start grid trading on XREX?
Setting up grid trading on XREX is easy, with two options available: Smart bot and Manual. If you’re unfamiliar with grid trading, we recommend starting with Smart bot, which uses 21 days of backtested data to suggest suitable parameter settings.
For more experienced traders, Manual allows for a more customized approach to trading, with a range of options available to define your own unique trading strategies, including triggering limit orders, taking profit and stop loss levels, grid sizes, and more.
Currently, XREX grid trading is only available for BTC/USDT and ETH/USDT trading pairs, with a trading fee of 0.05%. Our relatively low transaction fees allow for the execution of efficient trading strategies without worry.
Frequently Asked Questions
At XREX, we are committed to introducing more features and options for you to allocate your assets or tools to trade the market more efficiently. We constantly maintain the highest standards of providing the safest, cleanest, and smoothest trading environment for anyone to buy and sell cryptocurrencies and benefit from blockchain finance services. Learn more about XREX by following us on LinkedIn, Facebook, Twitter, and Telegram.
Download the XREX app: exchange.xrex.io/app
Feel free to reach out to us via the in-app customer service window, or email us at firstname.lastname@example.org should you have any queries.