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BingX Launches Futures Grid Trading

BingX is excited to announce the launch of our Futures Grid Trading, following our introduction of Spot Grid Copy Trading back in March.

As its name implies, the Futures Grid Trading feature combines grid trading and futures trading, which can bring grid profit for 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 grids. These trading grids help investors rake in money like a fish net – through executing low-buy and high-sell orders during price volatility, the system ensures profit every time the selling price exceeds the buying price, thus eliminating the need to forecast the market. On top of that, futures grid trading allows traders to use leverage to maximise the profit.

Compared with other platforms, BingX provides users with more flexibility by lowering the minimum investment amount. Traders could try futures grid trading with 20USD and see how it arbitrages automatically. They can also preset a stop-loss point to limit the loss on a security position.

This new feature will be available on both BingX app and desktop and is available to all registered users, saving traders time in keeping tabs on the market all day by making strategic, informed, and rational trading decisions on behalf of them. To encourage traders to make money with intelligent tools, BingX will be launching a campaign to cover all traders’ losses in their first futures grid trading.

Other new features include dynamic support comment function, stop limit and stop loss for contracts, multi-graphs for order sharing and more trading strategies added to equip our users with the best possible tools to trade confidently on the BingX platform.

Security is always a top priority of BingX. Since the beginning of the second quarter of 2022, the overall crypto market has been on a bearish trend. The bankruptcy filing from Three Arrows Capital triggered a downward spiral that have hurt many crypto investors. In the face of this severe turbulence, BingX stays true to its mission in safeguarding user’s assets and under no circumstances would BingX hedge users’ funds in venture investments.

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