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Showing posts with the label Grid trading bot

Why Grid Trading Strategies are Gaining Popularity Among Crypto Traders?

Automate your trades with the grid trading strategies at the best crypto trading terminal There are hundreds of crypto trading strategies available which are used by the novice and expert traders. The most common trading strategy is its price action where the traders usually follow the market trends. Other popular strategies involve hedging, scalping, swing trading, etc. The main challenge for any new trader is to find the right strategy and right trading method which may suit their trading style. With so much information about strategies available online, new traders often find themselves confused about the right and best trading strategy. One such strategy that novice traders can go with is the grid trading strategy. This strategy is most commonly used by professional traders to reduce risks and gain profits. Grid trading This trading tactic is popular among those who do not wish to trade manually. Grid trading involves putting in a series of purchase and sell orders around the...

How Binance Futures trading work and what are the benefits of futures trading on Binance?

Binance Futures is one of the leading futures crypto trading platforms with 20x leverage (previously it was 100x). Trading is an art, and every crypto trader starts their crypto trading journey with spot trading. However, when they grow their skills as a trader, they can maximize gains and minimize risks using some innovative strategies. Although for long-term trading, spot market is good, but you can go with futures trading when you want to short sell an asset or use increased leverage in a trade. Futures are the type of derivative trading and these are the regulated trading contracts between two parties involving an agreement to buy or sell any underlying asset. Futures Trading allows traders to hedge against volatile markets and make sure that they buy or sell an asset at a set price in the future. And, if the price moves in the opposite direction, they may end up paying more than the market price or selling it at a loss. In some cases, instead of actually buying or selling, fut...