BingX introduces Futures Grid Trading to energize traders in crypto winter
As the name suggests, Futures Grid Trading combines online trading and futures trading, which can bring online profits to its users. Grid Trading is a quantitative trading strategy that automates the buying and selling of digital assets at preset intervals around a preset price range to build trading networks.
These trading networks help investors raise money like a fishing net – by executing low buy and high sell orders during price volatility, the system ensures profit every time the sell price exceeds the buy price, thus eliminating the need to predict the market. On top of that, futures grid trading allows traders to use leverage to maximize profits.
Compared to other platforms, BingX gives users more flexibility by lowering the minimum investment amount. Traders can try futures online trading with 20 USDT and see how it is automatically arbitrated. They can also preset a stop-loss point to limit the loss of a security position.
“For this quarter, part of BingX’s strategic focus is to provide users and traders with a better trading environment and new tools that facilitate profitability. We also further simplify the trading process so that they can adopt new trading tactics that allow them to win, especially considering the current market situation.“- Director of Global Communications and PR, Elvisco Carrington
This new feature will be available on both the BingX app and desktop. It saves traders from keeping track of the market throughout the day by making strategic, informed and rational trading decisions on their behalf. To encourage traders to make money with intelligent tools, BingX is about to launch a campaign to cover all traders’ losses in their first online futures trade.
Security is always a top priority for BingX. Since the beginning of the second quarter of 2022, the overall crypto market has been on a bearish trend. The bankruptcy filing of Three Arrows Capital triggered a downward spiral that has hurt many crypto investors. In the face of this severe turbulence, BingX remains true to its mission of protecting user assets. BingX would under no circumstances secure users’ funds in risky investments.
BingX is committed to bringing more cutting-edge, industry-leading features and services to meet various commerce and social needs of users. To optimize the investment experience and maximize user profits, BingX is always on the go.
About BingX
Founded in 2018, BingX.com is a global trading platform for digital assets, spot and derivatives that provides a user-centric and open ecosystem with intuitive social trading features. Created to enrich the entire cryptocurrency industry, BingX is a safe, reliable and user-friendly place for users to trade their favorite assets such as SafeLight, Elongate, Whiteheart and AAVE. It is a digital asset, spot and derivatives trading platform that provides a user-centric and open ecosystem with intuitive social trading features. First time traders can Copy Trade and learn from 3000+ professional traders on BingX. BingX now has four operating licenses from the EU, the US, Canada, and the Oceania regions. BingX is a safe, reliable and user-friendly place for users to trade digital assets.
SOURCE BingX
