How to use Leverage Grid Trading? [APP]

How to use Leverage Grid Trading?

1. Open Bibox App. Click Trading Bot.

2. Choose Leverage Grid and click set up.

3. Set the parameters and click confirm to run the Leverage Grid.

4.You can view more details at In Progress.

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 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

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.