How to use Leverage Grid? [Web]

How to use Leverage Grid?

1. Enter Bibox official website and click Bot page

2. Choose Leverage Grid and click set up bot

3. Set the parameters in the pop-up window and click confirm to run the Leverage Grid.

4. After setting it up, you can view the grid details at “Running bots” – “Leverage Grid”

Terminology:

Direction: This represents your judgment on the future market trend

Long: borrow USDT to buy currency long, buy currency down, sell currency up

Short: borrow currency to sell currency short, buy down to return currency, and up to borrow currency to short

Leverage：If you invest 100USDT and choose to leverage it 5 times, it means there will be 500 USDT assets running in your Leverage Grid.

Price range: The price range, within which the Leverage Grid runs. Within the price range set, the program automatically buys low and sells high. On the other hand, Leverage Grid will stop when it is beyond the price range

Price interval: The price interval between two grids, that is, the profit earned after completing a buying and selling. Usually the price interval needs to be greater than 2 times the Maker rate (the leverage grid interval is recommended to be set to 1%)

Invested assets: the assets you use to run grid trading.

Stop profit/loss: A setting that will stop your running grid when the contract profit/loss reaches your setting.

--------

You can also contact Bibox telegram admin (@bibox_cs) or join the Telegram group （https://t.me/bibox_trading_bot） for more details.